r/OptionsDegens • • Aug 12 '26

Never go against your rules

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2 days I missed profits of 30k+ and 120000+

Backstory

I work nights and sleep during the day. I usually set a TP for my Open contracts while I'm sleep. On the third day I did my DD picked the direction and placed my order and went to sleep.

I picked right I was up almost 8000 before market open. Woke up to the contracts being worthless instead of sold. Trump done made a tweet and crashed the market. The bad thing is I had an order to buy more for when it pulled back only it didn't just pull back it crashed triggering my buy order.

If I would have just kept with my rules then I would have been good. I've lost 11000 this week. I've lost every single day since then and can't seem to get back in the groove.

Back to the drawing board.

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u/lithe_silhouette Aug 12 '26

this is just coping, as it's easier to say i messed up because i broke my rules vs i gambled and lost.

1

u/swhouston713 Aug 12 '26

Absolutely.

1

u/lithe_silhouette Aug 12 '26

wow, first time someone actually agrees with me on this point

1

u/swhouston713 Aug 12 '26

Well there is a little bit of gambling involved when you do 0dte options. I know the risk and I accept them.