TIL Rivian having a 75% yoy increase in sales isn't doing well. LCID was up 37% yoy.

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TLDR: I discovered 0DTEs later in my trading experience which led to being the final nail in the coffin. I made some decent gains with crypto. My first big loss was Elon's tweet and my biggest gain was LCID calls which were 1.2k in profit

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My first big loss was from trading LCID calls which expired a 5 days out. I was up +20% until Elon Musk made a tweet which sent TSLA competitors to shit for a few days. I was down 1.7k within 24 hours so I sold then bought puts next market day which gained me $700 in just 3 hours. I quickly sold it there without looking back, at the time I was shocked to recover some of my losses so quickly. During the weekend I discovered 0DTE SPY contracts which I watched at least 2 hours of videos on. The thing is, saying your going to do something is easy, but when in your in the moment and you see SPY moving up and down a dollar at a time it gives you a sudden impulse to trade to avoid FMO. This what I'd later discover to be the nail in the coffin on my trading experience. I originally planned to have my TP at 50% on a 0DTE contract and SL at 25%. When Monday came I bought 3 SPY 0DTE calls and was up 20% but later throughout the day it just moved sideways. At the time I had a wistful concept on what Theta was, and as you may have thought, not only did SPY go down later that day but I held all the way to 1pm from open which made me lose -30% on the contract which was about $500. I don't remember when, but at some point I gained $200 on 0DTE SPY which motivated me to continue. Anyways, after this loss I saw that reddit was yapping about crypto and saw that Shiba has rose 30% the past month. I got in on Shib at .000018 with 1k then held to $200 profit on that Friday. I then opened Shiba charts to try to look for a pattern. I eventually found out that Shib peaked at 4am every day which I tested multiple times and was successful. During that weekend I was able to make $440 by just trading crypto, but I stopped after the following trading day opened. I thought of the crypto gains as a little reward I got out of the pump and dump. After that, the next 2 weeks were just 0DTE options, I had ups and downs but I had a tight TP but a loose stop loss which led to my downfall. It's funny looking back on it because if I were to have bought those same contracts a week out I would have had some nice gains. The last 2 weeks of me trading was me realizing my regarded mistakes, that's where you see those two small bumps at. I was doing somewhat fine until SPY crashed causing my calls to become near worthless. Q: Would you ever go back to options? A: No, I've stated numerous times that I was more consistently profitable from just buying and selling shares. I'd go further in depth about this more but I'm at work Q: How does your loss affect your life? A: Despite me losing over 3k it hasn't affected me financially much because I can make that back in less than 3 months, but it has GREATLY affected my mental health which I am still continuously working towards improving

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I sold my LCID and rivian bags at -60% loss a month ago

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I was thinking more the smaller names (LCID/RIVN) but they seem to trade with Tesla.

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I have LCID too! But I don’t really regret it

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Buying the dip on electric cars LCID , Rivian

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LCID I don't care, I'm holding...

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LCID

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I'm still bagholding LCID, it's worth so little now that getting rid of it wouldn't make any significant portion of my money back. It sits in my portfolio as a warning about SPACs

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