Normal
Let me understand something here.......you spread out your entire bank (and some) on different stocks trading a bull put spread? If the market falls which it did in late 07, it wouldn't matter what stocks you were trading the spread over - they would all be losing trades.Regardless if someone told you about their 80% success ratio, why would you put all that money on the line in the first place? If you are a student or customer to these "education" providers you are blind like everyone else - yes, the whiteboard examples never lose and no one ever thinks about their losses. It's only what they think they can get. Were you thinking you could put $150k into these trades and pick up $50k?After taking such a heavy loss, the last thing you should be doing is chasing the market and doubling/tripling your next positions to try and recoup your losses.
Let me understand something here.......you spread out your entire bank (and some) on different stocks trading a bull put spread? If the market falls which it did in late 07, it wouldn't matter what stocks you were trading the spread over - they would all be losing trades.
Regardless if someone told you about their 80% success ratio, why would you put all that money on the line in the first place? If you are a student or customer to these "education" providers you are blind like everyone else - yes, the whiteboard examples never lose and no one ever thinks about their losses. It's only what they think they can get. Were you thinking you could put $150k into these trades and pick up $50k?
After taking such a heavy loss, the last thing you should be doing is chasing the market and doubling/tripling your next positions to try and recoup your losses.
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