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VisualMod t1_j1zfnj5 wrote

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VisualMod t1_j1zfo3d wrote

>Sorry to hear about your losses, but don't worry - you're not alone. Many people have made similar mistakes and gone on to become successful traders. The important thing is to learn from your mistakes and keep trying. I'm sure you'll be able to turn things around if you stay positive and continue working hard.

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FATPEPPAPIGGAMER420 t1_j1zgifd wrote

Just remember man, investing in yourself and improving is the one thing you can control, not so much $TSLA 0dte put options, good luck to you my fellow regard

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Garrulous_Amoeba t1_j1zh2fx wrote

If you’re using astrology (TA) to make investment decisions then you’re going to get fucked no matter how much DD you do

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JohnLaw1717 t1_j1zh3kl wrote

Replying to VisualMod (#1,117,534)

>Sorry to hear about your losses, but don't worry - you're not alone. Many people have made similar mistakes and gone on to become successful gamblers. The important thing is to learn from your mistakes and keep trying. I'm sure you'll be able to turn things around if you stay positive and continue working hard.

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pipola78 t1_j1zh3sq wrote

You don’t know how many times I told myself the same thing after getting liquidated. But I always come back the next monday with my paycheck to play the same game.

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rwang411 t1_j1zhj9a wrote

Those are rookie numbers. You haven't even lost 4 figures yet

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SeaEmployee3 t1_j1zhxe5 wrote

I cut my losses too and I’m checking out of wsb since I’m too sensitive to buying stock on internet whims.

My leftovers will go in to funds. Boring but hopefully not -90% results anymore lol.

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Glum_Mongoose_8482 OP t1_j1zjodt wrote

Replying to Garrulous_Amoeba (#1,117,798)

I did not use TA for most of them, I read the news and DCF. First strategy was to target companies with low cash flow and high debt, which kinda work. The second that caused me all the loses was TA, so you are right. Or maybe it’s because I’m not experienced in TA; who knows.

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Garrulous_Amoeba t1_j1zkezh wrote

Replying to Glum_Mongoose_8482 (#1,118,360)

Sounds like an okay-ish approach without the TA but you’d need to learn a lot more about the fundamentals and really get across their financials more. TA is all bullshit because you can’t predict the future by using charts as the scales can be so easily manipulated to suit your hypothesis on what’s going to happen

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Glum_Mongoose_8482 OP t1_j1zm4uy wrote

Replying to Garrulous_Amoeba (#1,118,509)

Yes, I learn it the hard way today. I’m well aware that the approach is not perfect, as I was experimenting and iterating strategies that looks plausible, but today’s loss was purely due to greed; as i was up £300 at the start. So regardless, I realise at the moment I’m still way too bad at trading

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Glum_Mongoose_8482 OP t1_j21emma wrote

Replying to Simplevice (#1,130,065)

Yeah, now I know. I was enticed by the leverage, and I couldn’t find a platform that does option initially (but now I do know about Plus500). So I thought why not give Cfds a try, and was told that they use the spread from Bloomsberg so thought it wouldn’t be that bad, I was wrong and lost money.

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