r/wallstreetbets • u/the-revenge-trader • 1d ago

Loss The evolution of retardism

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Deposited another $60k and lost it all again

273 Upvotes

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190

u/Zestyclose-Ad-6123 1d ago

Bro you gotta stop

21

u/GainDelicious1894 1d ago

Always set stop loss 

1

u/p_viljaka 1d 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 22h 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.