The comment section has been very enlightening. I've lost over 300,000 in the past few months, which was the money I saved from working these past years. I made over 100,000 last year, got carried away this year and have been playing with options, often buying weeklies. When I bought them, I didn't even understand what options were, I just knew they could make a lot and significantly boost my principal. But in the end, in just three short months, my capital is almost gone. I've barely opened Longbridge since the end of May, mainly because I'm afraid to face the numbers in my account.

This morning, I had a brain fart, took out a 100,000 loan wanting to keep playing options, but it seems like fate was trying to warn me, making me see this post. I'm reflecting: Have I learned from my last failure? Have I established my own trading system? Do I understand the volatility patterns of options? No, not a single one. I don't even know how to review my trades, or why I lost so much. How dare I re-enter the options market? Please, everyone, give me a reality check.