Does anyone else feel like trading options is more about managing your psychology than your portfolio? I find myself getting too caught up in short-term movements, even though I know I’m in it for the long haul. What mental strategies do you use to stay disciplined and avoid making emotional decisions?

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Run the “wheel” as it forces you to think like a “buy & hold” strategist. You are still option trading but also focusing on long-term growth.

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Have a system in place and stick to it. That is what you can control

Related Posts

Can someone help me with this? I had a low utilization since pandemic, I.e., ~sub 5%, but never missed any payments. Would credit score be impacted if only one line of credit with a low utilization?

Too few accounts currently paid as agreed
FICO®

Scores consider the number of accounts that are paid as agreed. Your score was impacted because the number of these accounts is too low, or because you've missed payments recently on some of your accounts.

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Did not sell some of my underperforming stocks before end of 2021. Can I sell now but include them in 2021 tax return? Remember there is some grace period for this.

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Is this an aggressive position? Would you use final regulations effective for tax year beggining Dec 16, 2020 to support a deduction for calendar tax year 2020? Proposed regulations didn't include this exception. More details below.

I made a mistake starting SIP in a ULIP. Used to invest 7500 per month starting from November 2018. I have discontinued my premium payments since last year. That is when my fund was moved to an interim surrender state and now it earns 4% per annum interest.

After 5 years of lock-in that is November 2023, can i withdraw the entire amount at a time? (Of course after paying surrender charges)

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Seeing it firsthand. Book net income: $5,000. PPP Loan forgiveness: $1,500,000. Owners distributions: $1,500,000.

likefunny

I’m maxing out my 401K, traditional IRA and HSA this year and paying for some house improvements. I have about $750K total investments and very close to $2M net worth, but realize that I am behind on investments if I want to do FIRE. I was focused on paying off huge chunks of my mortgage and managed to whittle it down to $75K left. Would you suggest I go ahead and pay that off this year? Or pause and do a mega back door roth instead? I’m mid 40s. Thanks!

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Who wants to start a DAO and buy time shares (literally lmao) in a watch.

Can rotate throughout the year 😂

likeuplifting

What is the best platform for cryptocurrency?

likefunny

Do we need to submit rental agreement to claim HRA tax exemption in Ericsson or rental receipts enough ?

How frequent rental receipts should be ( yearly ? Or quarterly)

I am a traditional reservist so I never really used military benefits before, but could use advice here.

I am currently renting and my lease is not up until October 2021, however I found a good deal on a home and scheduled to close in June 2021.

My landlord will not work with me to end the lease early, so it looks like I will have to double up on rent and mortgage through the summer.

If I went on active duty orders, can I use those orders to break my lease early without penalty?

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What is the most you've invested into a single stock?

What is the biggest loss you've endured?

Good recommendations for realtors in LP/OT area? Apartment rentals. Thank you!

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What are you doing for a retirement plan as an independent consultant? Solo 401K, SEP IRA, etc.? Any recommendations on where to open an account?

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What are the best ways of tax exemption

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The lease on our existing bmw 430i ends in August. Looking to buy model 3.
1. When should we place the order?
2. What’s the best place for financing?
3. How much should we put down initially?

Compared to DC/NOVA, how's housing market in Chicago?

Does it always make sense to max out your HSA? I have ~$6k parked there now as a healthy 28 yo with virtually no healthcare utilization

likesmart

Fedloan servicing's stopped interest payments until Sept due to CARES. I'm a recent grad with more loans than most. Would you continue manual payments on the principle or invest that money? ~$300/mo.

Thinking about using my VA loan in a few years. Any advice?

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Hi connections , anyone working with Barclays ? Need a refferal.

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Max or Lewis fault?

I think it’s 100% on max. By breaking so late he was banking on Lewis backing down, which was very risky.

likefunny

Anyone moved from NYC to Miami recently? I have moved over 2 months ago, still trying to adjust 🤔

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My SSBI experience expires next year May, and my investigation is is in adjudication process. What happened my result don’t come back before my investigation expires?

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Hi ,

18th March I have uploaded the documents in
Wipro portal. Still i am waiting for the offer letter.

Wipro could you please tell me , how much time it will take to get the offer letter.

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does FAANG care about cloud certs?

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Is it naive to hope that there could be a job out there that I actually LIKE doing as opposed to just forcing myself to do it for the paycheck? I work for a great company with (mostly) great people but still find myself wishing I could be doing anything else throughout the workday. After a number of different jobs in industry and consulting have left me feeling the same after a year or so, I'm starting to wonder if it'll always be this way and actually liking work is just out of reach.

likefunny

Emirates group has its in-house consulting unit. Is this a good exit option from Big4?

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Hi Fishes,

Any approximation on the in-hand salary would be highly appreciated, considering the fact that the PF is low!

Thanks

Post Photo
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Why are there so few members here? What bowl has all the big pharma members that is not LS consulting?

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I have completed my Masters in Zoology in 2017. Currently working in US Healthcare. Is there any suitable openings?

Working with a Junior AD who’s too opinionated & doesn’t respond to my feedback well. He’ll just show ideas that I’ve already debunked/scripts that aren’t very good, which makes me look bad. Advice?

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I was asked about compensation before the screening call. How much do I ask for TC for a second program manger position that’s non technical in accounting?

Are the new wage requirements applicable if you move offices within the firm you work for?

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I have got an offer from Cognizant and completed document submission then they are asking to do prejoining formality. What happened if i am not going to join this company afterwards.. do they black list me ?

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Hello

Pls ans if any idea.

Thanks.

Post Photo
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Guys , I am fresher working in SAP RAR from last 1.5 year .
I should switch in same or should change technology to data or developement .

Please SAP folks guide me.

Why is PWC looking for so many people in Denver? It looks like they have 70+ new posting s in the past week alone. Just keeping lines in water or what?

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Heard from me:

“Oh, junior person, you have edits to the monthly activity report 3 days after your deadline to review the report, and after I sent it to the client? How lovely for you."

likefunny

Additional Posts in Option Traders & Investing

And here we go again. Funny how news like this seems to have no impact on market anymore

Post Photo
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6/16 Thread (BC):

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$BABA got murdered today. Buy, hold, or sell?

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In your opinion, what’s the best hedge / best buy against rising interest rates?

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My play for next week:
Sell the SPY 200 puts since the market would plummet. Look for opportunities to buy back, probably when the stim bill passes. Would love to hear your thoughts on it

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Thoughts on airline stocks? Good time to get in?

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Sundial Growers 🏄🏻‍♂️🏄🏻‍♂️🏄🏻‍♂️

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[Help]

I started trading during Covid crash. Started with equities and eventually moved to options. Earlier lost a month's salary and then lot more trying to recover it. Currently have lost my yearly salary worth and it's affecting all aspects of my life (job, marriage, health). I have tried to convince myself to consider it a loss but always get back trying to recover it.

Any advice how to deal with it. Thanks.

likesmart

Earnings season is here!

Post Photo
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Uh this could get bad fast if this holds through open. Protect your downside if not already.

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3/23 Thread (General):

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Looking for some interesting plays that are not Doge, GME, etc (already in those 😅). Thoughts?

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Just read in Robinhood Snacks that Peloton has their IPO this Thursday on NASDAQ. Can't believe I haven't heard anyone else talk about this yet.

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$DPZ 370c 3/27

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Any suggested reading / books that one can use to learn options trading? Experienced investor, who wants to get into options.

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Start raising cash family. Take some profits. 4/14 3:51 est

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3/29 Thread (General):

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8/12 Thread (General):

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Potential opp on the short side for TSLA?
- X

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