
OptionsLearn from the second-generation brother's approach

Sorry for the wait
To be honest, if I hadn't seen such a strong upward trend.
I wouldn't have dared to go all in, hope this gives you some inspiration.
When I started building the position, it hovered around 5 for a while
I didn't want to exit either, often after losing, many people's psychology
The first thing is to exit as soon as it breaks even, emmmm that's fine too
But the moment you sell, it rises, the moment you sell, it soars, many people don't explain it in such detail.
Actually, it's just you being scared, afraid that this break-even is the last chance to take profits.
This can also be considered a good habit, but in most cases, you'll just lose. Okay? In most cases, it won't break even, directly liquidating your position, emotions take over and you buy the opposite, maybe making money for a minute, then losing. You'll adopt a mindset of 'if I lose it all, so be it', right? When I first started trading options, I really took a lot of hits, lost 60 in one night, completely clueless, listening to others on what and how to buy, helping to buy, lost 60 directly. Total loss of 85.
Later, I calmed down and studied options, learned a lot, but now I'm still just a beginner, there are many excellent people,
Chart 1, why did I still dare to make a call at the end, it had already dropped sharply,
At this time, buying a little is fine, just take profits quickly, because at this time, you need to lure the longs up, to liquidate some of the longs,
Chart 2, why didn't I exit at 3.2, because I thought 4 wasn't the end, but I had to write a summary, I didn't want to stay up late, let's wrap it up early.
3 why market order, no time to adjust the price, really hate stubborn people, I just want to take profits quickly, if I sell too early, I'll say a few words, then it's over.
Good night💤.
I want to say. Losing money is normal, keep a good mindset. Sometimes I also wish I had a guide, but the ones I met were all….. If you can't quickly calm down when emotions take over… then you should exit early. The path is what you make of it.
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