Cutting losses, painful lesson
Around 45K SGD lost in NVDA put options + shares. It is thoroughly bullish although I still believe it may fall back to 100 this week or next week.
But for risk management wise, i decided to cut loss and fight another day.
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2024H1 Moomoo Alchemist
Started Trading in 2023, looking to clock 10,000% gain
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Li m00m00 : Wah pain…
Carrot cake : Come back stronger!
傻子 : Seems like it's not easy
103983379 : Brothers, I feel the same way that I can only pay tuition fees to this market
pootpoot : its ok, cheer up. try again next time!
Lucas 0927 : Come back stronger! Ga Yao!
tehbing OP : Yes, even if NVDA falls back, I have no regrets. I believe there is always another opportunity. I will also stay at the sideline for awhile to not trade and see how price develops.
102794847 sun : OMG, how many shares do you have? I never dared to buy a put option. Of course, I couldn't make much money or lose much in this way.
Lucas 0927 : We lose & We Gain! You will do it better next
Sean_1999 : There’s still time before earnings to stock up and cover your lost!
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