“My name is John and I am a recovering options Trader”

Discussion in 'Trading' started by Jdesey, May 7, 2025 at 2:30 PM.

  1. Jdesey

    Jdesey

    After years of effort and both making and losing money I’m just done with options. I tried every which way to make it work. In the end I think there’s too many complexities and the time decay is just too tough to deal with. There’s a lot of documentation on how retail options traders do nothing but lose money and that’s my story.

    so I’ve switched over to trading just straight shares and I feel better already. I don’t know if anybody else can relate to this but this is my story
     
    zdreg, beginner66, Onra and 6 others like this.
  2. I can definitely relate, I think trading futures is the way to go with much smaller spread for cleaner entry and exit.
     
  3. Jdesey

    Jdesey

    I want nothing to do with leverage assets or assets with expiration dates... I can make alot and then loose all those profits. I felt like I needed a wholesale change even as far back as December. I even had my brokerage account now restricted from options. I am very relieved
     
    taowave likes this.
  4. traider

    traider

    "I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times."
     
    Tokenz, TrailerParkTed and Sekiyo like this.
  5. Now that you have Porn and Options blocked on your browser try Volpri’s sim scalping system.
     
    Drawdown Addict and SimpleMeLike like this.
  6. You tried. And failed. And that's that,, o_O:confused: ..

    Trading is a complex game. Not necessarily difficult or impossible, but just complex.

    So many people see an ad or video... thinking Cool...I will print all this magical money from the market....all I have to do is sign up for this trading subscription course...Sheep. Being led to slaughter by Wolves.

    You can certainly make a ton of money out there, but you have to think slightly differently. Definitely not found in any Trading For An Awesome Life book by some random clown author, failed trader/salesman
     
    Last edited: May 7, 2025 at 2:59 PM
  7. Jdesey

    Jdesey

    yeah.. do not forget the online poker to be blocked.. nto even playing for real money and such a time suck
     
  8. A man's gotta know his limitations...
     
  9. LMFAO HAHAHAHAHAHHAHAHAHAH lol hahahah that is funny.
     
  10. Truer words, Clint. Or is it Harry? :D

    I'm in that camp. I looked briefly into options some time ago and found that there were just too many moving parts for me. Some people can juggle. I am not one of them.