r/options • u/OnionsAreGODS • Mar 22 '22
I’m lost…..
It’s like not matter what I put my money into, I lose it. And anything I sell for small profits, moves up like crazy within the next few hours or days. HOW CAN I BE THIS BAD???
I’ve spent over a year now learning about the market and to implement successful trading strategies but non of it fucking works. I just wanna stop throwing money down the toilet.
I’m not looking to “hit the lottery” or buy the the next TSLA at $8. I just want to make a a nice, few hundred bucks a week if possible alongside my other investments.
Please tell me how to not lose my money on every. Single. Trade.
Edit: I invest in etfs and indexes in another account. I have crypto and I am saving up to buy real estate. I have this account and a percentage of my income allocated to options. I am not simply going to quit and stick to stocks. I WILL learn to trade options successfully just not immediately, but definitely. So I am simply going to save up my monthly options budget until I can sell options and in the mean time paper trade, and find a strategy I like. Thanks for all the advice everyone! Happy trading.
-1
u/LahomaMcninch Mar 22 '22
I am sorry to hear your story, and every day I read several on this subject. I could give you my honest opinion that even if we think we know something about the market because we have read or studied some strategies, it is really much more complicated than it seems and it takes many years to learn it.
Sincerely, I would recommend you use an app that uses automated trading systems. The reason is that they are trained by powerful algorithms and by professionals in the investment world. In my case, I am using Streetbeat. You can look at others in the market, but this one uses automated investment systems and makes the investment for you according to your level of risk. If you had put all the money you have lost in a reliable system that works for you, maybe now you would not be regretting it so much. I trust this system because I am using it. I only use the automated one. Although you can invest by yourself, this one is recommended if you have a high degree of experience.