With trading in futures and options for good !!!
Have been dilly-dallying in the last couple of months.. made major losses within the first couple of months (have been at it since Nov), and then was just hanging in there hoping to make atleast some of it back before exiting - atleast that's the mantra I've been chanting to convince myself it's not just madness. But everytime I reduce my losses, I once again seem to lose nearly that exact same amount if not a little more and go back to the same total humongous amount.
Told myself that at the end of this month I find my losses to be still close to or more than what it was, I would stop. So here I am, reiterating that as of tomorrow when I will square off my last remaining open position, mostly at a loss too - THIS IS IT. I will get back to dealing only in stocks, also after doing enough research and not taking anyone's recommendation blindly.
And by the way this is not completely of my own doing, but because of using an Active Trader Service which specializes in a call-and-trade option, which I had thought meant I would get recommendations which I could decide on and call the broker, but it basically means a broker from their end will call you 20 times a day with seemingly do-or-die calls, and you will repeatedly keep getting pulled into it unless you have the will power to say no.
Do they have a Traders Anonymous I wonder ?!
Have been dilly-dallying in the last couple of months.. made major losses within the first couple of months (have been at it since Nov), and then was just hanging in there hoping to make atleast some of it back before exiting - atleast that's the mantra I've been chanting to convince myself it's not just madness. But everytime I reduce my losses, I once again seem to lose nearly that exact same amount if not a little more and go back to the same total humongous amount.
Told myself that at the end of this month I find my losses to be still close to or more than what it was, I would stop. So here I am, reiterating that as of tomorrow when I will square off my last remaining open position, mostly at a loss too - THIS IS IT. I will get back to dealing only in stocks, also after doing enough research and not taking anyone's recommendation blindly.
And by the way this is not completely of my own doing, but because of using an Active Trader Service which specializes in a call-and-trade option, which I had thought meant I would get recommendations which I could decide on and call the broker, but it basically means a broker from their end will call you 20 times a day with seemingly do-or-die calls, and you will repeatedly keep getting pulled into it unless you have the will power to say no.
Do they have a Traders Anonymous I wonder ?!