-$557 Loss
TSLALong Option
dlodato7

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

000

Broker:Robinhood
DatePrice
Entry3/29/20225.60
Exit4/1/20220.03
  • Total Views27
  • Position Size1
  • Percentage-99.46%
  • Option TypeCALL
  • Strike1200.0
  • Expiration4/1/2022
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