The Truth About Losing Money In Options!
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 β’ 2K Ratings
ποΈ 24 August 2025
β±οΈ 12 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
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| 0:00.0 | I'll be honest with you, I never cared about a break even. |
| 0:03.8 | That goes against all option philosophy. |
| 0:08.4 | I never cared about a break even because I never played this game to break even. |
| 0:12.7 | The one thing that I can guarantee you is you're going to lose some money. |
| 0:16.9 | How much money you lose is on you. How much money you lose is on you. |
| 0:28.6 | I hear you say a lot of times that going into a play, you should know your entry, your exit, |
| 0:34.6 | your break even and all that stuff, right? |
| 0:37.7 | So my question to you is, what's the formula to determine that? |
| 0:42.6 | Because I've been doing well so far. |
| 0:45.2 | Like I jumped in around April, May. |
| 0:48.6 | I went all in. |
| 0:49.7 | If you remember, I called in around May telling you that I was a government employee and I pretty much |
| 0:56.0 | let Doge do what they do and take that and take that job. |
| 1:00.0 | And so I'm all in on options. |
| 1:02.0 | I'm all in on investing in stocks and I'm doing pretty well actually. |
| 1:07.0 | Doing pretty well actually. |
| 1:10.0 | But I want to level up and I know, and I hear the OG saying to Patreon all the time that when you enter into a play, you should know your break even. |
| 1:20.6 | You should know your exit. |
| 1:22.6 | You should know stop losses and all that good stuff. |
| 1:24.6 | And I don't quite figure out, I haven't quite figured out how to determine that or what's the formula for that. |
| 1:30.3 | She's so chill, you hear me. |
| 1:32.3 | I'm gonna tell you something. |
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