Quote:
Originally Posted by wutamess
How often does something like this happen for you?
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Quote:
Originally Posted by Amnorix
And how often does it go the other way?
Seems super dangerous, tbh. Think I'll stick to boring and safe (relatively speaking).
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I have about a 34% win ratio. While that seems really low, in the options market you may put up $1,000 and get back $7,500.
If you keep you initial investment at the same level all the time, you can do pretty well.
Where people, including me get in trouble is that we risk $1,000 on a few trades, make a few thousand, feel cocky and then make a real risky bet with like $4,000 and lose it all.
Discipline is paramount
Since 2009 I'm in the hole about $12,000