/r/Options

Started off in 2018 trading penny stocks to get my feet in the water and then robinhood released options a few months later and I went right in. The first two years of trading options I probably blew atleast 20 small accounts ranging from 1k-2k. I had no clue what I was doing back then, I was mostly gambling and wasn’t taking the time to learn what options really were. 2021-2023 I started to educate myself about TA, supply/demand and joining alert groups and discords and learning with a community which has really helped. I was making gains consistently but when it was time to finally have a losing trade I would just not let myself have a red day and wipe out months of gains in one day. I would have 1 month of straight green trades and when the inevitable losing day comes I just never take the small loss and move onto the next.

I also never really used hard stop losses and relied on a mental stop which 80% of the time I would keep moving the stop loss down and average down on the losing trade. There were multiple times where I averaged down heavy on a horribly losing trade and it turns out to be a huge win later on which is a a horrible habit I’ve required. I feel like I lack consistency, discipline, and emotional control both in trading and irl. I lack consistency irl with simple things like taking a multivitamin daily, going to the gym, or keeping my room clean or something. I lack discipline also such as cleaning my room sparingly or going to work late sometimes, not completing things before a deadline etc. I know with trading you have to be pinpoint perfect with following rules and I was always a rule breaker in many aspects of life.

I’m not sure why after 5 years of trading I just haven’t given up yet, atleast I have super strong sense of motivation. I love trading, looking at charts at night and reading trading related news. I just need to fix these simple yet gigantic issues that are stopping me from becoming a successful trader. Just last month I had my biggest day gain of 12k and I slowly gave it all back within a week. Why? Because after that huge gain the next trades were small wins such as 300-600$ gains and that didn’t please me anymore apparently.

Anyone have any books or anything helpful that would help me become more self controlling and disciplined in normal areas of life which I can then transfer into the market? Thank you