Last month i BLEW my entire trading account šŸ“‰

Lost $700 in a matter of days all down to $0

Today i had my biggest day yet !

Here are some lessons I’ve learned along the way

šŸ“„šŸ“„ A Thread šŸ“„šŸ“„
Losing it all isn’t the end of it

You decide when you quit

Yea i lost $700 but in my eyes that’s just my tuition to learn the trade

Don’t quit just because you made mistakes. Get right back to it.
When starting pick ONE stock and STUDY IT.

Most of my early mistakes would be trading companies i didn’t understand

$BAC
$F

Etc

Everything changed when i started trading a company that I’ve watched for daily for YEARS $TMUS
Time is money... try to buy as much time as possible

Short expiration dates come with extra emotions

You’re already dealing with fear and greed when trading

Don’t add feeling rushed to sell to your plate by having less time

All my expirations are now 1 month out
I rather buy a good contract at a fair price

Than a

Fair contract at a good price

Contracts fluctuate just like stocks do based on people buying and selling

I think 30% of the money is made when you buy the contract the rest you make when you sell
I’ll hawk out the price of a contract to get a good buy in.

’ll compare the price of all the contracts to find deals

Here’s A perfect example

$TMUS 108 Put Exp 07/17 : $375
$TMUS 108 Put Exp 07/24 : $353

THE 07/24 is a good deal because it’s cheaper and it has more time !
And last but not least don’t be greedy and

TAKE PROFITS

https://twitter.com/canyouclickhere/status/1275446003353579522?s=21 https://twitter.com/canyouclickhere/status/1275446003353579522
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