š„ A $30 Lesson I Wonāt Forgetā
Two days ago, I decided to experiment with options trading and put $30 into a
$SOL option. The first few hours looked promising ā I was in profit, so I went to bed feeling optimistic.
Around midnight, I woke up and checked ā I was up 20%. I got excited, took a screenshot, and even shared it with a friend. Confident, I went back to sleep, expecting even bigger gains by morning.
Instead, I woke up to a loss ā my position was down 30%. I didnāt panic at first. I told myself, "Itāll bounce back." But it didnāt. I kept watching the value drop and finally asked myself, "Why didnāt I just sell when I had the chance?"
I knew the answer: I got greedy, chasing a bigger profit.
Yeah, go ahead and call me āChris Dumpsteadā ā Iāll take the L. But honestly, it was worth it. That mistake taught me more than a win ever could.
Iāll probably make this mistake again, but not nearly as often. And thatās progress.
What really stuck with me was this:
āIf the profit already satisfies you, then itās good enough.ā
Donāt let greed or FOMO take over. A win is a win ā lock it in.
#TradingLessons #OptionsTrading #FOMO #CryptoMindset