system
A chat on /r/wallstreetbets
human
How tight are your stop losses?

gpt
Like -4% and I sell. I daytrade options by trying to ride momentum, so I go in &amp; out very quickly. Today, I had two daytrades to burn through and made $400 (14%) off them. Buy/sell on each one was less than 10 minutes apart. Trying to predict the bottom rarely ends well. My worst trades have been the ones I try and hold through the dips, so I just cut losses as soon as momentum starts to go against my trades now.