I put on a credit spread on GM for $130 credit

Discussion in 'Options' started by TimtheEnchanter, Jul 25, 2023.

  1. selling calls. Then I wobbled and got out of the trade because the risk-reward was 2:1 i.e. for $130, I could lose almost double (unless I got out of the spread). Now I am mad at myself. I always wobble; one cannot be successful like that! Of course, I am retired and do not like to lose money!
     
  2. M.W.

    M.W.

    Retired or long-term unemployed? How did you ever hold a job in the past with a highly gambling addictive mindset?

     
  3. zdreg

    zdreg

    Civil service job.
     
    M.W. likes this.
  4. traider

    traider

    Can hold job as bomb disarm expert
     
  5. How would you know my mindset? Oh, you are that idiot Canook with a superiority complex. Get medicated or seek help; otherwise, you are an ass!
     
  6. M.W.

    M.W.

    Spoken by the one who constantly loses money. You have no clue about options. Degenerate gambler.

     
  7. Take your meds, please. You are an obnoxious, know-it-all, a-hole Canook who does not get enough from men. You must be so ugly that you'd have to pay!
     
  8. zdreg

    zdreg

    Maybe you should take up dancing.
     
    Last edited: Jul 26, 2023
  9. zdreg

    zdreg

    That is the psychology of a loser. You should not have mentioned you are retired in a negative tone. Being retired implies that you have time to learn the profession of trading which is a plus.
    "do not like to lose money!["
    To succeed in trading you need to have passion for trading. You should be saying I hate to lose money and will take all the necessary steps to educate myself about trading, so I will make money.
     
    #10     Jul 27, 2023