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Old 05-12-2022, 08:20 AM   #12763
JohnnyHammersticks JohnnyHammersticks is offline
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Join Date: Oct 2011
Location: Chandler AZ
Casino cash: $-409996
Quote:
Originally Posted by scho63 View Post
I'm embarrassed but $1.45 and rolled down into the $149 and did the same there. Made money in both but left a TON behind.

I have left $50,000 in profits in TILRAY at the end of March when I had 220 contracts that shot up, then another $160,000 in FB when it shot up to $9,000 on a $1020 investment and I wanted to sell and buy puts but had too many day trades.

I've been so right on knowing what direction but oh so wrong on getting out early on the winners and riding the dogs down to $0.

Story of my life!
Can't beat yourself up, you were on the right track. That's all that matters in the overall scheme of things. I've left enough potential profits on the table to feed a large army. Trading is tough, have to learn to manage risk and emotions. The PDT rule sucks, so glad I don't have to deal with it anymore. Might've actually saved me when I was getting started though. Makes you save your bullets for the best trades.

Looks like things are bouncing. Actually pretty decent sell on my $140 puts. They hit a high of $2.45, so $2.20 ended up being a pretty good place to bail.
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