Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » How to deal with taking a small profit/loss in options trading
  1. Results 1 to 8 of 8
  2. Page 1 of 1

Thread: How to deal with taking a small profit/loss in options trading

post 1680585683 04-11-2023, 08:47 AM
-
#1
  1. Scottybby
  2. Registered User
  1. Scottybby
  2. Registered User
  3. Join Date: Jun 2020
  4. Posts: 7,316
  5. Rep Power: 43097

How to deal with taking a small profit/loss in options trading

And than looking up the price a week later if I held and I would be up 110%

Have this about three times in a row now
Taking a small profit ~10% two times and a small loss one time
post 1680585783 04-11-2023, 08:48 AM
-
#2
  1. KurtMussell
  2. Big Trouble
  1. KurtMussell
  2. Big Trouble
  3. Join Date: Sep 2014
  4. Posts: 13,372
  5. Rep Power: 104117
Best way to go about dealing with it is to try men.
Doesn't shower with his dad crew
Dat feel when you taste sweat in your mustache crew
This post is copyrighted and encrypted by diana maybrook
It don't matter. None of this matters.
post 1680585843 04-11-2023, 08:49 AM
-
#3
  1. BeanGainClovis
  2. Registered User
  1. BeanGainClovis
  2. Registered User
  3. Join Date: Apr 2021
  4. Age: 56
  5. Posts: 10,696
  6. Rep Power: 58476
I am no longer being paid to give financial advice
Beans. Cleans. Gasoline.
post 1680586063 04-11-2023, 08:52 AM
-
#4
  1. OliverHeldens
  1. OliverHeldens
  3. Join Date: Oct 2014
  4. Age: 33
  5. Posts: 43,009
  6. Subscribers: 1
  7. Rep Power: 131082
You never look at sold positions later, it's just unnecessary self harm.

I made a Yolo bet in a company in 2021, buying 4 month options, and it was down like 95% and I was down like $80k on my bet. Then I finally recelved the news I was looking for, and all of a sudden I was up like $50k after a couple days. I sold, because I realized I was a lucky fuk and shouldn't have taken on that much risk. If I would have held another 6 weeks until expiration, it would have been worth like $2.5M.
post 1680586173 04-11-2023, 08:54 AM
-
#5
  1. Ausaric
  2. Still Alive
  1. Ausaric
  2. Still Alive
  3. Join Date: Nov 2014
  4. Posts: 28,808
  5. Rep Power: 200750
Just set a notification or automatic sell when it reaches a certain point, and don’t look back. Take profit when you can. Don’t sell for a loss unless you lost 97% because it’s never gonna go up 150,000%

Just have a bunch of positions all set for a modest 20-25% increase and sell when it reaches that
post 1680586523 04-11-2023, 08:58 AM
-
#6
  1. BrahMike
  2. Registered User
  1. BrahMike
  2. Registered User
  3. Join Date: Jan 2013
  4. Age: 38
  5. Posts: 1,110
  6. Rep Power: 19418
A positive trade is never a bad thing. You're learning and as you grow and develop your strategy/trust/experience you will be able to capitalize more on these trades.

a quick 10% is nothing to be upset about......you just need to have realistic goals, stay the course, keep consistent and it will all pay off. Too many people think they're going to be able to retire in a week off of a few good trades when in reality, consistently bringing in a profit, even is small, will pay off in the long run.
I'm naked
post 1680602083 04-11-2023, 12:26 PM
-
#7
  1. Scottybby
  2. Registered User
  1. Scottybby
  2. Registered User
  3. Join Date: Jun 2020
  4. Posts: 7,316
  5. Rep Power: 43097
Originally Posted By OliverHeldens⏩
You never look at sold positions later, it's just unnecessary self harm.

I made a Yolo bet in a company in 2021, buying 4 month options, and it was down like 95% and I was down like $80k on my bet. Then I finally recelved the news I was looking for, and all of a sudden I was up like $50k after a couple days. I sold, because I realized I was a lucky fuk and shouldn't have taken on that much risk. If I would have held another 6 weeks until expiration, it would have been worth like $2.5M.
Fuark would cry
post 1682277333 05-08-2023, 04:12 AM
-
#8
  1. Scottybby
  2. Registered User
  1. Scottybby
  2. Registered User
  3. Join Date: Jun 2020
  4. Posts: 7,316
  5. Rep Power: 43097
This chit keeps fkn happening. Took profit after being 90% up in an option last week. If I held till today I would've tripled at the moment
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts