u/I-am-Jacksmirking

▲ 21 r/options

Rebuild time. After blowing 100k account.

So I’ve always had a pretty good understanding of options and price action, however it’s the emotional side of trading and that propensity to gamble that always bites me in the ass.

I’ve been trading options for a decade now. My lifetime pnl is around 120k. Which is pitiful when you look at how many times I’ve set myself up so well just to succumb to the same things that have destroyed me before. Usually I deposit $1,000 either lose it or run it up to 15-20k. Take out half my profits rinse and repeat. Well finally I was blessed with a seriously good run and got my account to 100k. I immediately withdrew half. So had about 50k to actually run some conservative theta gang plays and build real wealth over the long run….actually ran that up to 150k. Still didn’t just play it safe ended up withdrawing a little more thankfully but still lost the rest.

It’s such a frustrating battle because I have all the technical knowledge and experience it takes to succeed but still can’t get over the psychology part. I’m trying to build some healthier habits and get my mind and body right but I don’t know if I have such a propensity to gamble that I can never have true long term success. Anyone else dealing with similar issues? Still gonna keep trading because I know I can be profitable on a small scale because I withdraw when I have those big runs, but I just wanna be able to beat this part of myself and finally start building real wealth.
Anyone struggling with this issue?

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u/I-am-Jacksmirking — 14 hours ago

My best friend just had a severe psychotic break.

He’s had schizophrenia since I’ve known him for the last 20 years. It has progressively gotten worse over the years. He’s been in and out of mental health facilities. Recently his grandma passed away and that triggered a decline in his health and increasing delusions. He stayed at the mental health facility for a week and then got out a few days ago. They doubled the dose of his medication and basically let him go. He ended up going to someone’s house knocking on the door threatening them. This is the first time it’s ever escalated to this point. His mom was terrified when I spoke with her. He’s never been violent but I’m worried it might get to that point.

I feel like the best thing for him would be to stay somewhere and be monitored and cared for while they adjust and find the right dose of his medicine for at least a month maybe 2. But I guess if you aren’t suicidal or you don’t want to stay there they’ll let you go. I think he needs to come to terms with the fact that he might have to stay for an extended period of time. I feel like I’ve been slowly losing my friend over the last few years and I’m afraid this could be it if he doesn’t come back from it. Any advice on what you guys think his best course of action should be or when he does get back what I can say to him to help him.

Thank you

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u/I-am-Jacksmirking — 8 days ago

I know this is a pretty weird poll/question. I just got on subs and I’m kinda stuck between trying to taper and potentially getting more behind at work than I already am. Or stay at this dose to stabilize and slowly taper over a long period of time.

View Poll

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u/I-am-Jacksmirking — 20 days ago

I am going into day 5 only suboxone after a 2 year 7oh habit over 500mg per day…and a long kratom addiction before that. Now my fear is I’ve just traded one dependence for another, however why is it the case I had such a hard time transitioning onto suboxone? If suboxone is this horrible worse than h to detox from drug, wouldn’t it have been much easier to stabilize onto. I am thinking or at least hoping because I put in my share of pain this week getting onto suboxone that it will pay off down the road, but maybe I’m wrong. Anyone successfully get off suboxone, and for how long were you on it?

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u/I-am-Jacksmirking — 20 days ago

I was on kratom leaf for 5 years high dose and 7oh 600-700mgpd for 2 years. Got my sub script Friday of last week. Took my last dose of 7 Friday night and took subs Saturday morning was feeling for a little while but then my temperature and RLS got extremely wacky. I ended up going back and forth between subs and 7 trying to get relief only causing the pain to be prolonged.

Finally Tuesday night I took my last dose of 7 and woke up at midnight that night, I knew it was either repeat the same scenario of the last few days/most likely fully relapse on the 7. I ended up making it till now. It’s been about 50 hours no 7 only subs. I actually got 4 hours of sleep last night, compared to the first night of absolutely terrible withdrawals had to be some kind of precipitated withdrawals that or the dopamine/serotinin component of the 7 being taken away and the subs not doing anything for that part.

Anyway, I’m not writhing in pain like Tuesday night but I’m still just walking around the kitchen non stop and I have to go into work tomorrow. I took mon-thurs off thinking I’d be good by now if I would’ve just stuck to only subs since Saturday I probably would’ve. At this point being 50 hours in I just have to trust the process no matter what comes, cause I’m not going back into that hell. Even if it means being stuck on suboxone for a while, I need to get my life under control.

Also, some other crazy shit….we lost power Monday night. No water, no ac, the diarrhea without being able to flush the toilet was almost like god was proving the whole man makes plans and god laughs line. Oh yeah and found out my wife is pregnant on Tuesday. Truly crazy week. Just have to last one more probably shitty day tomorrow at work, and it should be smoother sailing I hope. Feel free to dm me if anyone is in a similar timeline/position with this crap.

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u/I-am-Jacksmirking — 22 days ago