TSLL Fortune winner
Total AssetsI was also a 100 player of Little Rocket, and I cut my losses when I was down 60-70%, then switched to lower strike prices or longer durations. Fortunately, I still have some floating profits and didn't lose too much. Options are terrifying: iv, delta, time decay, etc., are all crucial. They are essentially used to hedge risks. If you go all-in, the risks are extremely high.
$XTALPI(02228.HK)$RKLB Call(RKLB260417C100000.US)$Gemini Space Station(GEMI.US)I, the naive investor, have been completely wiped out. Here's my failure summary: Money beyond your cognition is truly unearnable.
In a downtrend, stubbornly holding and continuously adding positions, thinking it's averaging down costs, is actually an abyss of repeated mistakes. "Salute to fellow investors who bought Rocket Lab 100 options together" - the moment it dropped below $1, my psychological defense completely collapsed (the biggest loss in my stock trading history).
It turns out that so-called "bottom-fishing" is just blindly catching falling knives when you lack sufficient understanding. Big shots sharing experience is well-intentioned, but blindly following without independent judgment will only make you sink deeper. One must recognize their own capability boundaries - true confidence comes from the hard skill of consistently profitable stock selection. Never bet your entire fortune just because you believe in some big shot. Only use profits for moderate follow-up investments - this is the basic respect for your principal.
There are no shortcuts in investing. Being cautious and more cautious is the only survival rule. May my lesson help you avoid detours.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
