Liberal Forum

LowIQTrash » Yesterday, 12:33 pm » wrote: ↑

Yesterday, 12:33 pm

I was up 200% from March 30th to May (early) and threw the majority of those gains away in 3 short weeks.

And then I just realized the vast majority of people would kill for 200% gains over a 5 week period and that my greed was far too insatiable. 

The options knife slices both ways.
 
It would've been far less time consuming just to buy Micron.

200%?    I'm sitting at +6% for the first 5 months of 26'. (Medium risk portfolio)

I'm sure that 200% increase felt really good at the time. Hanging onto it is another story. It's not easy to save yourself from yourself.

Consider pulling 20-40% of those wins(profits) off the options table and put into longer term trades. Some of those trades may go negative but will not go to zero due to time decay. Worst case scenario, your options account goes to zero yet you have a portion of your wins creating profits on the side. Rainy day funds.

That's my 2 cents worth.