This is it. I’m done. Last week I lost like 90-100k. Absolutely sickening to think of. I was doing well. Then read up on FUBO. Disney merger, becoming cash flow positive, etc. Then earnings happened and here I am, down a ton on FUBO.
No more over trading. Is it a gamble? Yes, but if Disney merger goes through, I’m confident it will pay off in the long run. Hoping for $8 this year, then is begin selling covered calls.
I’ve been in positions like this when I got tired of waiting and sold, only to watch them pay off in the long term. Not this time. Pretty confident in this play.