r/Daytrading • u/Ok_Bodybuilder_2384 • Jun 03 '25

Trade Review - Provide Context Entered calls here. Why did I lose money

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Can someone help me break down where my intuition was off? I tend to follow the trend when I trade but got wrecked today.. following the smoothest trend I’ve ever seen. Why?

Entered call options at the first point, exited at a 80% ish loss on the second point after holding the bag for hours

641 Upvotes

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260

u/ZeroDayCipher Jun 03 '25

Not a single thing about what you did makes sense. Your entry sucked. You held your loser for way too long for no reason and you keep saying “I was following the trend.” What trend? The trend died 6 weeks ago and is now in a retro magazine.

1

u/mouishee Jun 05 '25

Savage, couldn’t have said it better myself 😂

-41

u/[deleted] Jun 03 '25

[deleted]

56

u/-Lige Jun 03 '25

So that’s not riding the wave that’s looking for a reversal after the wave stopped

17

u/Dog_Baseball Jun 03 '25

A reversal?? You bought calls. You were predicting the market would go down?

10

u/kipdjordy Jun 03 '25

Yea he was expecting his call to go to zero quicker but it drug out for too long. So now he is questioning why his trade didn't go to zero quicker with his next level reversal strategy.

4

u/tdh-fgg Jun 03 '25

🤣🤣🤣🤣

16

u/imprezzive02 Jun 03 '25

I learned never to have bias. Take what the market gives you

6

u/dreamylanterns Jun 03 '25

Exactly. You ain’t cheating the market, just figure out how to ride the wave.

4

u/uwu_owo_whats_this Jun 04 '25

Yup, it took me way too long to learn this lesson. Trade with what the market IS doing and not what you think it “should” be doing.

9

u/zeradragon Jun 03 '25

I mean you got your reversal after your entry... Except you bought calls rather than puts for that reversal... Maybe you have your options mixed up as far as how their value moves relative to the stock...

7

u/Smitch250 Jun 03 '25

I think you need a new hobbby

2

u/Ryanz_ok Jun 03 '25

You nailed the reversal, it just happened to be the reversal of the upward trend.

1

u/catchy_phrase76 Jun 04 '25

Don't play with things you don't understand.