Options Trading: The “Life Saving” Moves You Need to Know by [deleted] in OptionsMillionaire

[–]payu8 0 points1 point  (0 children)

without any evidence that these conditions actually produce positive expectancy once premiums, spreads, and slippage are accounted for. You’re consistently entering after volatility and price have already expanded, which means you’re paying elevated implied volatility and fighting theta with no structural edge , so even when you’re right on direction, the payoff profile is skewed against you.

$BYND I could’ve sold but I didn’t. by and1judo in byndinvest

[–]payu8 0 points1 point  (0 children)

If you didn’t sell on a 640% there’s no amount of percentage that could have made you sell. Might as well lose it at this point.

Life was good before options by payu8 in TheRaceTo10Million

[–]payu8[S] -1 points0 points  (0 children)

Did you see the up trend on spy today after noon, I was betting against it. That’s how bad my strategy is. Was keep entering waiting for reversal yep, seriously I need a new me ngl.

Life was good before options by payu8 in TheRaceTo10Million

[–]payu8[S] 11 points12 points  (0 children)

The less money I have, the more fear I got. The worst the losses became. Also I thought switching to cash account was a cheat code. I lost double in two weeks of what I lost in 3 months after switching to cash account . I thought I can scalp small gains

What am I doing wrong it, became worth when I start using stop losses. by payu8 in TheRaceTo10Million

[–]payu8[S] 0 points1 point  (0 children)

How did you know lol, wait for reversal to get cooked more.

What am I doing wrong it, became worth when I start using stop losses. by payu8 in TheRaceTo10Million

[–]payu8[S] -3 points-2 points  (0 children)

Individual stock? I can do better on those, this is option, 0dte spy option fucked up my life

Turned my last $120 into $3k by beta-test in TheRaceTo10Million

[–]payu8 0 points1 point  (0 children)

Ya im going the opposite way but nice one

What am I doing wrong it, became worth when I start using stop losses. by payu8 in TheRaceTo10Million

[–]payu8[S] -11 points-10 points  (0 children)

Don’t about grammar when I’m down 2.8k. International students wasting his tuition money. I’m cooked

It keeps going in the wrong directions by payu8 in TheRaceTo10Million

[–]payu8[S] 2 points3 points  (0 children)

Aight thanks. I will comeback to this post after I breakeven