This is ridiculous. I'm doing everything right. For the first 2 weeks I bought naked puts/calls and that was stupid. So these last 2 weeks I sold premium instead. Tried debit spreads, credit spreads, strangles, calender spreads, covered calls, cash secured puts, you name it. Every single trade has lost. Is this just freak bad luck or is this how it is?
It defies logic because I was losing money buying calls/puts so if I inverse myself and sell premium then I should have started winning...
somebody didnt set they're stop losses...........
How can I lose 20 straight trades in a row though? Even if you betted blind you would have better odds?
You have a bright future young man
>Gambling in manipulated markets
>I'm doing everything right
stop trading all the time. stop making retarded plays. stop doing exotic bullshit when you don't even understand the fundamentals of buying naked calls/puts. stop getting emotional and revenge trading or doing any other retarded shit. just stop. slow the fuck down before you blow through another $1000.
You're doing everything right and achieving the desired outcome, keep up the good work!
Go all in FANG and thank me later
Just always do the opposite of what you planned to do.
You don't know how to use those strategies if you don't understand basics like implied volatility.
>I'm doing everything right
I see you're still in the denial phase, you have a long way to go
best post
Yes you are much worse than random chance would dictate, now all you need to do is invert that to become much better than random...I know that's what you tried to do, but keep at it, somewhere in your brain is some module that understands the market mechanisms very well it would seem, you just need to figure out how to listen to it.
He's getting raped by theta every time and selling at market price. Kek
Cringe! Just buy Link. Wtf is wrong with you
There’s a reason dumb money never wins kid
Buy ETFs and hold for decades:D
Do both and you'll see where the issue is.
Most likely is spreads and the fact that your trade gets raped by a bunch of marketmakernihgers between the moment you make a trade and it actually reaches you. "Free" means higher spreads.
>gold obliterating everything
This.
But how can he know if he hesitates ?
r*ddit: the post
>I'm doing everything right.
kek
You’re sword fighting with a fucking aircraft carrier (institutional investors)
You’re basically at Vegas stop pretending otherwise
GOOBLE GOBBLE ONE OF US!
>they're
have you got a dog or something?
get that to pick instead
The only way to do things right is to buy and hold long term. Everything else is attempting to predict what the majority shareholders are doing, and ((they)) decide what goes up or down.
>I'm doing everything right.
think i found the problem OP, you are delusional
$HLX is severely undervalued and has already made huge gains after beating the earnings report expectations. It is still trading at 1.68 a share and will likely blow up in next few days in a similar way to how $WLL made a 100% in a day. You heard it here first.
You're predicting it will go up long term. You might end up bagholding for decades.