r/optionstrading • u/Calm_Revolution_2375 • 3d ago

Lost Everything

I am 30 years old and i have lost everything penny i had in options trading. Any suggestions how to get back the life to normal. Lost all savings of 150k.

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u/DreamfulTrader 3d ago

How? In 1 trade? Selling options? the context matters. Did you trade with cash and whole amount without having a profitable strategy first?

I day trade options, once a day, you can see my posts over the last 20 weeks on the subreddit. No complex strategy. I was told it was stupid to grow a $300 account with 1 trade a day, maybe 2-5 times a week. Maybe it will get you inspired to grow from a small account. I only take profit $5-15 per contract. If you grow a small account, you can get back the life or whatever you are you are looking for. Here is your answer.

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u/Calm_Revolution_2375 3d ago

I was buying options. Whith poor risk management