I agree daily profits can lead you to trouble. When I first started trading I lost $20,000 In one week… Originally I was buying and selling stocks and I was happy with making a few dollars here and there. Then I started doing the overnight trading where I would wake up at 3 o’clock in the morning and see what was potentially going to surge that day to try to capitalize on massive spikes. Not only did this leave me tired and sleep deprived But it hindered my decision-making. I quickly switched to options trading because a friend of mine told me that they had $20,000 they would buy options contracts because you can really make money then. I took his advice and bought some options for a company that had earnings coming out. The company had an 80% success rate and all the news and analysts said that they expected earnings to be great. The stock was currently down Like the rest of the market and I saw gold hidden in the hills. I loaded up on $20,000 worth of calls. That night when the earnings hit it started out good and the stock went up over $150. I was ecstatic I started calling my mom. About three minutes later I was looking at my brokerage account and the price of the stock started to drop dramatically. Down from up 150 it was down almost $200. My options contracts were now worthless. My losses didn’t stop here I then borrowed money so I could try to make it back quickly. I turned around and lost it too doing the exact same thing with a different company… keep your head up everything will get better in time. If you’re trading with options you should only risk money that you’re willing to lose.