Terra_Incognita
08-28
$Royal Caribbean Cruises(RCL)$  

RCL: taking loss.

Closed all my short positions on RCL at $363 and eat my humble pie.

Another one of the large positions that I've closed these few weeks in my attempt to rebalance my portfolio and cut off dead weights.

Taking loss is a part of the trading game but taking large losses is not.

For this case, I was over exposed with large trade that went sour.

Bitter this might be, I'm owning my trade decision and share this out just like I've shared the other 1000+ trades since Trade Feed function was enabled.

A lesson for myself to remember and what don't kill me makes me stronger 💪. 

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Comments

  • BillionaireN
    08-29
    BillionaireN
    Bro, Don’t sweat, it’s sigma grindset. W or L, you still him.Stocks up, stocks down, we vibe and rizzin. Good luck for the next trade
  • s33b
    08-29
    s33b
    we are still in a bull makret. shorting/selling naked calls are very risky. Also 1000 trades, even for an entire year are way too many. hopefully you don't "revenge trade" and protect your capital instead. all the best.
  • ICEsh00ter
    08-31
    ICEsh00ter
    why so much loss when your avg cost is so much lower than current price?
  • Porter Harry
    08-29
    Porter Harry
    Thanks for sharing your trading experience.
  • Blinkfans
    08-29
    Blinkfans
    This period cannot short
  • JoptionsSG
    08-29
    JoptionsSG
    Respect you know to call it quits
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