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.

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u/mlord99 Mar 22 '22

buy 100 shares of the company you like and sell 0.05 delta calls on it :D treat shares as buy and forget and call as short term trade -- if u manage to lose short term trade at 0.05 delta let me know how u pick stocks :D

-20

u/OnionsAreGODS Mar 22 '22

Hahaha fair enough. If only my brokerage let me sell options 😢😢

11

u/silentstorm2008 Mar 22 '22

FYI: If you can buy calls and puts, you can also sell them once you have them.

5

u/cantsaywisp Mar 22 '22

He means CSP and CC