good thing poopy is a paper trader, but he had to be sent to intensive care this week paper cuts everywhere , even his poopy
The only way to avoid the pain of a week like this is to live though a few of them Newbs, posers, pie in the sky reddit humping millenial scum? No shot
Whenever I take a hit like that, it always makes me feel better to compare how much I lost against how much I would have lost had I held onto the position...
If that is your thinking, come March, when those options expire and AMZN,GOOG come back up, you will be kicking yourself. Best approach is to forget about it and move on to the next trade, which may very well be writing naked AMZN and GOOG come Monday.
I think the opposite. Anytime I win or lose more money than expected I always sit down and analyze how that happened and focus on the probabilities of replicating that result. It makes me a better trader to focus on how to improve. Although writing naked on amazon and google will be a lot better on Monday with IV jacked through the roof if he chooses to do so.
Not a problem if that is your way. All I was saying is if you want to analyze your result for lessons learned, wait till the options expire then analyze them in totality. Happy trading.