Madluvyz
2024-11-28

$STZ VERTICAL 241129 PUT 235.0/PUT 237.5$ 

In this scenario, I decided to cut loss rather then seeing the option contract through till Friday, which may trigger my max loss. 

Everyone likes to share their winning trades, but I like to emphasize that there will be times when you get losing ones as well. It's during these times that you need to inflect and reflect, make better-informed decisions, and become a better trader. 

Celebrate the small wins and reflect upon the losses. 

@madluvyz - Specialist in using TA to sell options and swing trade.

Do People Need Failures to Learn Investing?
Many investors, especially beginners, tend to make numerous mistakes in the stock market. During the "beginner's luck" phase, they may make some money and become overconfident, attempting more aggressive strategies or chasing hype stocks (like meme stocks), only to end up losing more than they gained. Charlie Munger, Warren Buffett's late partner, once remarked, "There are no value investors under the age of 40."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Tiger_CashBoostAccount
    2024-11-29
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