-$557 Loss
TSLALong Option

Bad Trade - TSLA was on an upward trajectory for days and when I entered the trade it simply lost all of it's steam. I stayed in until the end after take hard losses hoping for a rebound prior to expiration. This is what not to do when trading. Hope is never a strategy. When the trade is reasonably not going your way you exit.. period! It's ok to place a larger percentage stop loss to absorb some fluctuation but you must exit and follow your plan regardless if later the stock turns in your favor
Broker:Robinhood
| Date | Price | |
|---|---|---|
| Entry | 3/29/2022 | 5.60 |
| Exit | 4/1/2022 | 0.03 |
- Total Views27
- Position Size1
- Percentage-99.46%
- Option TypeCALL
- Strike1200.0
- Expiration4/1/2022
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