


$Circle(CRCL.US) What a tragedy! This account is about to hit zero, game over. Surprisingly, I feel calm, as if this was the inevitable result of not cutting losses. I knew the answer in my heart but still clung to illusions. This was a necessary lesson for me. Always obsessing over one stock, always trying to turn red into green—this isn't a game, it's real trading!
There's nothing wrong with trading options. Losing everything this time was unexpected, yet I had a slight premonition. With the mentality of a naive investor, it was bound to happen sooner or later—just a bit sooner this time. Like a collapsing army, CRCL plummeted too fast and too hard. Friday's V-shape recovery panicked me as a put holder, so I switched to calls, sealing my doom. Today's persistence shattered all possibilities. Time to reflect on this lesson—finally forced to stop.
Reflections: 1. Selling small gains and chasing highs. Countless times I was in profit but held on for more, only to see it reverse, so I developed the habit of selling small gains. That's not wrong. But after selling, if it keeps rising, I'd regret and chase back in—a high probability scenario.
2. Impatience. Not fully invested initially, but seeing the rise, fearing missing out, I rushed to add positions. Or seeing a dip, I averaged down too quickly, always hoping for a rebound to profit faster. The logic isn't flawed, but if the trend is one-sided, it's game over.
3. No stop-loss, clinging to hope. Selling small gains but holding losses, always hoping for a rebound—only accepting gains but not losses. Not long-term, just short-term trading. The longer I held, the deeper it fell. Not stopping losses early, only to sell at the worst time—then it rebounds.
4. Trading isn't art, not about perfection. Can't stand red, always trying to turn it green. After cutting losses on a stock, I can't help but watch it, always looking to recoup losses. Only to sink deeper. Some stocks just aren't meant for me.
5. Trading is merciless. Decisive buying and selling—hesitation only leads to bigger losses. This account is done, but another one can still fight. Hope to have the chance and courage to start over.
Rant: I admit my mistakes, but CRCL, you're outrageous. Friday's move was ridiculous, and today I still hoped, refusing to trade or cut—ending in disaster. If I ever trade you again, only puts, no calls.
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