Aug 20 (edited) • General discussion
Knowing When to Bail
In my learning curve as an options trader I made the classic mistake more than once to "diamond hand" losing positions (really more like greedily hanging on refusing to take a loss). I saw the writing on the wall yesterday (incoming sell off on the QQQ) and decided to buy back my cash secured puts in case of increased selling pressure. I'm so thankful I did.
Just wanted to share a win that isn't about profit, but rather about maturing as a trader. Stay safe out there and stick to the plan!
3
0 comments
Knowing When to Bail
skool.com/defiuniversity
Master DeFi from beginner to advanced. Security-first curriculum, live mentorship, gamified learning. Join us and build DeFi expertise safely.
Leaderboard (30-day)
1
+46
2
+30
3
+19
4
+10
5
+10
Powered by