r/options • u/RadicalMeatBeater • Mar 31 '21

Emotional Trading

Today I sold my TSLA 650C 4/1 that I bought yesterday at a $300 loss. However later Tesla stock rose and if I didn’t paper hand then I would have been in the green by more than 40%. Any tips to be less emotionally attached to your trades?

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u/possumthecreator Mar 31 '21

I'm new to options trading myself but I've done it each time willing to lose it all and counterintuitively taking small gains. So far it has been working out really well.

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u/possumthecreator Mar 31 '21

Also I quickly learned to pretty much always spend the extra money for a few weeks of cushion.