Took a major loss last week😮💨
These things happen, I trade wit chart and not heart. There are those times, many have told me and few have even proven, that a small account has 0 day trades for X amount of days and gets trapped in a losing trade. Fortunately this particular play was an options play so I had a set amount I could lose, no more. Unfortunately, the loss was all the profits from the 3 other options trades...Lets just say Im glad I chose options over shares due to expiration being last friday😀 Did I blow up my account? Nah, i posted my $Levi Strauss & Co.(LEVI.US$ options play I spent .17 a contract and was up over 250% same day, I have others. As a new trader I learn from losses then remove the "L" and earn from them😀 Have a great end of Jan and an even better Feb!!
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Stock_Drift : Meh, you’ll bounce back!!! Hold fast!!
TennesseeRobOP Stock_Drift: Thanks fam. Its my 2nd major loss in the 4 months I have been trading. You, amongst others on here and abroad, are an inspiration to me and I greatly value positive traders over the usually talk of negativity and failure.
Stock_Drift TennesseeRobOP: No negativity, we all take looses. We all learn. Learning from mistakes/bad trades can prevent further mistakes and improve growth, going forward.