selling calls. Then I wobbled and got out of the trade because the risk-reward was 2:1 i.e. for $130, I could lose almost double (unless I got out of the spread). Now I am mad at myself. I always wobble; one cannot be successful like that! Of course, I am retired and do not like to lose money!
I put on a credit spread on GM for $130 credit
- Thread starter TimtheEnchanter
- Start date
Retired or long-term unemployed? How did you ever hold a job in the past with a highly gambling addictive mindset?
Civil service job.
Can hold job as bomb disarm expert
How would you know my mindset? Oh, you are that idiot Canook with a superiority complex. Get medicated or seek help; otherwise, you are an ass!
Spoken by the one who constantly loses money. You have no clue about options. Degenerate gambler.
Take your meds, please. You are an obnoxious, know-it-all, a-hole Canook who does not get enough from men. You must be so ugly that you'd have to pay!
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That is the psychology of a loser. You should not have mentioned you are retired in a negative tone. Being retired implies that you have time to learn the profession of trading which is a plus.
"do not like to lose money!["
To succeed in trading you need to have passion for trading. You should be saying I hate to lose money and will take all the necessary steps to educate myself about trading, so I will make money.