u/TheKrustyKrabPizza69

Lost everything Options trading

(28M) I have a pit in my stomach thinking about my losses. I have attempted options “trading” multiple times and it always ends up in me losing everything. I make a few successful trades then bam I over-leverage and the trade goes against me and I get screwed. I told myself I wasn’t going to make the same mistake as last time and guess what? I made the same mistake. I got caught chasing and revenge trading. I work a warehouse job that I desperately want to escape which is why I started trading, but it ended up with me having to work here longer because I keep losing everything I save up. I keep having suicidal thoughts and have trouble eating because I can’t bear the thought of having to keep working this job just to get back to baseline again… I don’t have a college education, I only have 2 k left to my name after losing my last two years of savings. I feel like a failure to my parents ( still live with them) and I feel defeated. I think about going back to school and chasing a career but I don’t even know where to start because all I think about is how long it would take me and if it is even worth it but after losing everything AGAIN, it’s starting to seem worth it to go back to school. For those of you who were in a similar position, how did you recover and what do you recommend I do? I currently feel hopeless.

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