Lessons that I learned in past weeks: 1) be careful with out of money options as they don’t have intrinsic value 2) don’t make rash decision based on blindly following others 3) cut loss and ego

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Posting as :
works at
You are currently posting as works at

Here is what my month look like starting with $104k on march 12:

Down to 78k on march 16
Up to 82k on march 18
Down to 61k on march 19
Up to 80k on march 23
Up to 85k on march 24
Up to 94k on march 25
Up to $109k on march 27
Down to 102k on april 6
Down to 78k on april 8
Up to 99k on april 9


No more trading options for me. What a crazy ride!!

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It’s good to take a rest and get some time to develop your trading system.

4) Don’t fuck with the federal reserve.

likefunny

Working at CBOE and trading options on your personal account? I’d be super careful and make sure you’re cleared with compliance/independence.

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Good points above. It is good to develop your own strategy and that will come with practice (and honestly, taking some L's). Keep learning and trying new approaches.

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OP - are you new to trading?

And you dropped 10 stacks to fund your account and you just got started? Good lord

likefunny

Hi SM1 thanks for your remind. We are only prohibited from trading the options on the proprietary product. Did talk to compliance and made sure it’s OK

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likefunny

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