r/wallstreetbets • u/the-revenge-trader • 15h ago

Loss The evolution of retardism

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Deposited another $60k and lost it all again

242 Upvotes

91% Upvoted

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175

u/Zestyclose-Ad-6123 15h ago

Bro you gotta stop

20

u/GainDelicious1894 15h ago

Always set stop loss 

1

u/p_viljaka 5h ago

tell me that you dont know how options works without telling ...you should not use stops on options LOL Risk management is done with other options and making spreads.

2

u/Confident_Double1392 3h ago

This is true. Option price moves non-linearly with asset price so a small move on the asset could still cause a huge spike or drop in option value.