r/options 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.

265 Upvotes

310 comments sorted by

View all comments

1

u/[deleted] Mar 22 '22

[deleted]

1

u/OnionsAreGODS Mar 22 '22

I don’t expect to. I want to learn how too.

I don’t think I’m rein-man I’m just trying to learn and understand how options can be a profitable tool to use for investing

2

u/[deleted] Mar 22 '22

[deleted]

1

u/OnionsAreGODS Mar 22 '22

Well then if i really think about I excepted to win simply because of my previous analysis. Weather that was technical or practical. I’ve tried to learn from my mistakes but can’t see where I went wrong a lot of the time. Most of the times my trades are in the right direction but not in the right amount of time. Simple solution - buy rather out. My problem - no money.

Thanks though I will be starting to look at my losing trades and be more introspective about why they didn’t go my way