- The Financial Bit
- Posts
- The Worst Trade I Took (And What Fixed It)
The Worst Trade I Took (And What Fixed It)
You’ll never win every trade. But you can learn from every one.
Here’s a trade I completely fumbled — and how I built a rule around it.
The Setup:
$TSLA — I saw momentum, rushed a bull call debit spread without confirming trend structure.
No patience. No risk cap.
Stopped out at -60%.
What fixed it?
The Fix: Pre-Set Rules
✅ No trades without checklist confirmation
✅ Use high-IV stocks for credit spreads
✅ Always define max risk BEFORE entering
Want to avoid these mistakes?
Inside our community, we share not just wins — but breakdowns like this with adjustments and takeaways.