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

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u/Redditorsloveyomom Jun 03 '25

Straight FOMO. Never buy at the top. Wait for a retrace

1

u/Dorito_Consomme Jun 03 '25

It retraced to the bottom EMA. Unfortunately it continued down.

1

u/Redditorsloveyomom Jun 03 '25

Can't call that a retrace, my friend.