:
šø A $30 Mistake That Taught Me a $3,000 Lesson ā The Hard Way
Two days ago, I dipped my toes into $SOL options with a modest $30 investment. The market looked good initially ā in fact, five hours in, I was sitting on a solid 20% profit. Feeling good about it, I even shared a screenshot with a friend and went to sleep dreaming of bigger gains.
Big mistake.
ā° I woke up the next morning to find my position down 30%. At first, I brushed it off ā thinking, āthis is just a dip, itāll recover.ā
But it didnāt.
As the price kept slipping, the reality hit me:
I had a clean opportunity to take profit ā and I let it go.
Why?
Simple: Greed.
I thought, āwhy settle for 20% when it could be 100% by morning?ā That voice of FOMO (Fear of Missing Out) convinced me to hold. And it cost me.
š§ The Hard Truth I Learned:
ā
A win is a win. Donāt compare it to a potential bigger win.
ā
If a profit satisfies you ā thatās your sign to take it.
ā
Thereās no shame in locking in gains. FOMO is a silent killer of smart decisions.
ā
Discipline matters more than luck.
I mightāve lost $30, but the lesson I gained? Invaluable.
Sure, I might make mistakes again (who doesnāt?), but now I know when to stop chasing the moon and just secure the bag.
š My advice to fellow traders:
If you're seeing green and you're happy with the number ā take it. Donāt let the dream of more blind you to the win that's already in your hands.
#CryptoLessons #OptionsTrading #SOL #FOMO #SecureTheBag #BinanceSquare #TradingMindset