So much stress and due to bad decisions of the hopes of making it big only to go to hopes to recover from the market… last week I hit big losses again, lost roughly 20k in the past couple weeks just straight up YOLO it all into spx puts/calls. I’m not sure why I kept doing what I was doing and never learning. Finally starting to get over it after a week but I was seriously ready to end it all. I hope people do not follow my foot steps. I’m not sure how anyone would tbh. Hoping I don’t fall back into my old ways and would like any support/advice anyways has for me… looking to build my money back up and start investing for the long term and no more messing with options… thank you all for anything good you have to say and I welcome the hate as well..

    https://i.redd.it/eqftpdsatyqd1.jpeg

    Posted by Ok-Negotiation-8678

    31 Comments

    1. Go to Gamblers Anonymous. You lose this much and have just decided to stop and yet STILL are worried you’re going to “go back to your old ways” (losing tens of thousands of $$). Get help.

    2. If you do options, do longer duration ones. If you’re doing investing then invest in profitable companies.

    3. Advice: stay from this sub, stop looking at the market, save a fuck ton of money and then just dump it into an index, followed by regular DCA’ing.

    4. > looking to build my money back up and start investing for the long term and no more messing with options

      Just throw your money into something like SPY and set up recurrent deposits to dollar cost average, do not look at the app for a couple of years. Stress gone.

    5. If you truly felt that way, please seek help. Those thoughts can come back and you need to know how to work through them because you don’t get a second chance if make the wrong decision with that next time.

      I know how it feels to lose just about everything, but my faith has carried me out alive and well. Things do get better.

    6. Specialist_Coffee709 on

      You sure do enjoy trading so I suggest removing options / futures permanently and just day trade stocks / ETFs.

    7. Which_Asparagus_3152 on

      Cut the lost and….do it again maybe? Lol. But seriously you need to take a break from Option. Invest in stocks instead.

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