놓친 큰 수익 때문에 마음이 복잡하네요 🤦🏽‍♂️

Ah, this is known as the "you'll never go broke taking a profit!" mistake, combined with trading the P/L.

Remember, you should have *more* faith in your winners than your losers. Therefore, you should take profit when the market begins to turn against you, not just because you're up or down a certain amount.

You also need to improve your position sizing and exits. TSLA was a strong stock. Would it have been so bad to leave 50 contracts open and close the rest?

You can't predict these things, if it went the opposite direction you'd be thanking the Lord that you sold at the right time.

A wise person once told me, if you made what you entered the trade for, it's a win. Move on. Don't look at what happened afterwards, because anything can happen afterwards - including your win turning into a loss.

I do this ALLLLL THE TIME but that is why im profitable and at like 280% return ytd. Take profit move on. You get greedy and 9x out of 10 that shit is gonna bite you in the ass. I also got in tesla this morning and sold way before it peaked but I sold where I usually do and took my profit. Psychologically im still getting used to just letting go and not dwelling on the missed gains but im way better than I used to, I used to pay more attention to the contracts I closed than the ones im currently in or ones I should be looking to get into. You took profit be happy with that and look for another set up.

https://preview.redd.it/ef38tl0hal0h1.jpeg?width=1080&format=pjpg&auto=webp&s=c0c7b06b0a0682b5d7e68ce364519ac858efc76d

Depending on the play, I'd occasionally look at doing trailing stop losses on my positions, but it's very rare I'm in a position like that due to my current strategy.

To answer your question, I miss out on hundreds to 10s of thousands of dollars in profit daily. I eventually got over it after a few weeks of back checking my positions. Being lazy helped by me not willing to back check my positions as much anymore. Anyways, I used to want to maximize my p/l as much as possible because I always felt like it was my only chance to do it so I needed to make it count only to have a random news event or tweet/x/truth social post to obliterate 50% of my position within 5 seconds. Sure, a stop loss would have potentially helped (I'm mainly in 0dte spx options, so it's also possible a stop loss would have knicked me out on a random tick, nor not even been fast enough to react to the volatility).

As such, profit is profit. I play the target entry level of the underlying, the direction, the cost of entry on the position and look to hit a realistic target exit on underlying/premium depending on how much time is left as well as realistic chances of target still following through. Once it starts going against me, I take profit and/or stop loss and look for my next play.

YTD my portfolio is up 2963254%, and since being more aggressive with 0dte spx last month (instead of doing my usual spreads, and other advanced option strategies), up another 69.29% the past month. I'd rather be in and out with profit day over day vs getting completely obliterated by factors you can't control. 🤷‍♂️

Research “Stop loss”

I sold sandisk about 2 weeks ago because I was up 10 percent and then it continued to rise another 30 percent past what I sold but hey a win is a win

Suck it up and drive on....

How do you deal with it? Accept the pain and use it to motivate you to do better.

What could you have done differently? Other than just “I should have held longer” what could have realistically done to lock in more profit?

For me I have a MA10 trail stop strategy I sometimes use for this big runners