ParrotStock's avatar
$256.5m follower assets
Bought IWM $300 Calls
03/31/22 Exp, Opening
11/26/20211 Upvote
1 of 3
I've lost more money stubbornly sticking to a failed trading thesis because of what "should" happen vs accepting what "is" happening and cutting losses to moving on.

I get pretty good at sticking to my plan, and then success breeds confidence, which ultimately get's me reaching and turning a solid plan into hope, and more often than not bigger losses.

Maybe we all need a reminder now and then. No matter the outcome $IWM has turned into a bad trade for me. From +200% to -50%

#stilllearning 🦜
Viljar's avatar
I can relate to this so bad it almost hurts... still have so much to learn and improve upon.

Also, btw, I see so many sharing only their successes and not the other side of that coin. So thank you for sharing both your ups and downs💛!
ParrotStock's avatar
Thank Viljar 🙏

By writing about both the success & failure's, I'm hoping it helps others learn from my mistakes as well as serve as a reminder for me to "hopefully" not repeat them too often. 😊