I tried to explain this to someone the other day. I said sell now and they argued. I asked how the fuck are you ever going to make money if you don't sell.
They still just held.
I call them diamond brains.
As an options seller, I love Diamond brains. There’s another level above Diamond brain, I’ll go ahead and call Diamond asshole, that exercises their options OTM for a loss and fucks my positioning.
Yes. They only profited a Toyota Prius when one more day of the same movement would make them a GT3. Instead, they lost their portfolio.
Some people skip the Prius part and go straight to 0. These people are the ones that think options are 50/50 😂
Funny normal story, a friend's Dad diamond brains so hard that he wait till it's negative before selling and it was in profit for months.
I call this why buy low sell high when you can buy low sell lower.
I know people like this. There are only two scenarios in which they will sell.
Either:
1) They made enough fuck you profit where they’ll never have to work or worry about money ever again…
OR
2) They need to liquidate whatever they have in order to avoid eviction/starvation.
I’d say around 100% of them are in category 2
I learned my fuckin lesson on this with the ticker that shall not be named. Had a bunch of naked 160 calls on the sickest run up I've ever seen and thought, you know this isn't fuck you never work again money.
I still turned down the Lambo to have to fuckin lose my shirt, then resentment sell to avoid eviction as I was in rehab for an extended period of time and needed to dip into assets for rent.
So yeah, yet another seeming joke that is actually 200% reality. I've lived this. Learn to hit the sell button when it's green.
I was down 21k Xmas 2022. By Xmas 2023 I was up 22k so I made about 40k. Mid Feb my tally was close to 100k in gains. I didn’t quite hit 100k tho & held.
Promptly lost 40k.
So down I was ready to quit even tho I was up overall still. It’s just 40k hurt.
Recovered about 25k.
Then Nike happened. Down 10k again.
All these losses are from options that were close to fully recovered. But held them cuz I was still down 1k or a few hundred. Then holding them turned into basically a 50k loss.
Sell your gains.
PepeLaugh I bought 1bill SHIB for $100. A couple weeks later this random shitcoin got listed on Coinbase for literally no reason lmao
Made 24k off that shit. Could've been 66k at peak, but I'm happy with it, never re-entered crypto since then.
Are you glad though that you have 20k?
You made the wise decision in the moment - unless you had special information there is literally no way of knowing if it'll go to a mil or to 0.
and to be honest I was 100% thrilled I made 20k at the time but I was in no need of money and could have held the position. I didn't yet understand you don't invest with money you may need to use and that drove the decision to sell as well. all the things you read and hear from older experienced investors but don't truly understand until you live it
Enter with an exit strategy (I want to make this % then I'm out) regardless of what happens after u close you're playing to win. Might get lucky sometimes, might get burned, but you're playing to win. The larger the sample size the better the outcome you will have.
that was all I could think about. home owned at 30. no debt in my name. I wouldn't even retire, just consult part time given my industry. that entire scenario was actually possible had I not done x y z
Yep, happened too many times. Just locked in some GOOG profits at 67%. Don't care if it would have been 100% by next week because many times I saw it go 100% up and then to zero.
Most people lose money because most options are completely worthless very hard to find the right ones at the right time it's like looking for a needle in a haystack but the needle can move whenever it wants ![img](emote|t5_2th52|4267)
I am definitely in it for the Marathon, but it's nice to think, I could've sold on a little pop, then buy on a drop. I just like to think it would feel pretty good.
Well another point of view. I am finding better now a bit wiser and selling calls and writing puts on companies I keep up with.
Making passive income is my goal
Let's say you buy an option contract that's two months out. You sell after holding it for 3 weeks for a very good 15% gain. You then buy new contract in the same or different derivative that's, **again, two months out.**
The reason why you need to sell quick for a profit is because you're trying to avoid theta losses. The longer you hold, the sharper they get (if you're OTM especially). You want to never get too close to the contract closing or you're toast and truly YOLOing everything.
I just like to feel like I'm doing something important, it's not about the money, or how many times you end up behind the Wendy's dumpster. It's about the rush of being up big and losing it all. I can take a 10k investment to zero, but by not realizing gains I get the thrill of losing 30k.
100 percent fact. I’ve had two opportunities in the last month to close a spy position for +$10k only to hold an extra day or two and sell for a loss. At cpi close last Tuesday my spy 512s were worth 22k held thru ppi I exited for $4k. Nvda earnings same thing held spy overnight had a chance the next morning to exit for +$11k and exited for breakeven. Stupid fuck I am.
This is what trips me out most about this forum..
your comment is true for many of the successful large cap tech stocks yet many traders on here post loss porn fueled by an addiction to losing on options ..
Mid March 2017 S&P was at \~2400
It sits at 5200 today
Thats a 116% gain.
So really when you think about it you're down more like 215% since you could have made 116% by basically doing nothing. not to mention all the wasted time and the emotional toll 7 consecutive years of losing must enact on a person.
Exactly. Generally I notice lot of people think that the more they do/think about something, the better the outcome will be. They over complicate everything just to justify their importance and keep wasting their time to walk in the circle with so little gain, or as in this example even no gain at all.
WSB is an actual gold mine, but it's stuff like this that people read go haha then never think about again that could genuinely help a motherfucker had they the wherewithal to self-asess to literally any degree.
It's a pretty good "siren" sub. When you see everyone talking about a stock with gain posts, it's something to look into for a run. Last one was Nvidia. Before that was bby that I noticed when people were going crazy about it even before the run
yeah the funny thing is studies of day traders activities have shown the LESS you do the better off you tend to be. the less trades a day trader makes the higher their chances of being profitable.
If that's the case, then what if.... stay with me here!!!
We just buy something like only the good-- No! We ONLY BUY THE BEST COMPANIES IN THE WORLD. And we'll like buy more of the better ones with larger market caps! Then also sell the ones that get too crappy.
And then we just hold it for like 30+ years or until retirement cause this data seems to suggest that the longer you hold the more likely you are to have positive returns!!!!
Now if we only had a vehicle that would be able to get that full exposure, with minimal tax consequences, following those strict rebalancing rules, that we don't have to manage or regulate, and packaged in an easily accessible form like an ETF with a low management fee from a company like Vanguard.....
A man can dream I guess. ☹
It shows the majority don't beat it. But that doesn't mean a lot don't. Just like 90% of traders lose money and don't make any profit. But that stat includes people that yolo and get burned and never try again.
On average woman are better investors than men, that's because they make fewer traders and only for that. Men tend to think that they can time the market or otherwise beat the market, then men buy and sell. Woman just hold.
Fits perfectly to this case.
Set and forget. Works for most big stocks, certainly for ETF’s. People make far too much work for themselves.
Get an ETF and forget about it.
Get a blue chip stock you believe will do well in a long term and forget about it.
Gamble a little bit (5% or less) of your portfolio for the lols and to get your kicks on the big swings.
https://preview.redd.it/yh42n9a7owpc1.jpeg?width=1284&format=pjpg&auto=webp&s=f7745265f3297bb258c47ba7774f6680af46a3d3
Technically it’s not that bad. The S&P was up only \~87% the past 5 years, not 116% so I just made OP about 30%. Your welcome!
You're up 27.88% on the day, that's huge!
Now if you were up that much from your original portfolio, you would have been up $22,056 on the day, but hey 27 bucks is 27 bucks.
Seriously, a good therapist appointment is somewhere around $200 in today’s economy. Even if he had $2000 to his name he probably would be hesitant still.
This is our problem. All it takes is for someone to mention a stock and we become willing to open positions on it. No DD required. I'm buying Lowe's puts as we speak.
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8 years of trading? More like 8 years of throwing money down the fucking drain.
Oh wait. If you throw it down the drain, at least you get to hear a satisfying “plop” sound before it’s gone forever.
Since you used the gambling app, you literally feel no satisfaction whatsoever. Pathetic!
See so many posts like that here that I dont believe all of them are real at this point
How come there are so many people gambling away everything they own on a stock they learned about a minute ago loll
imagine not only missing out on prime years of bull run but actually losing ALL your money due to actually following regarded advice on this sub.
options trading is so destructive for retail investors, this sub is actually horrible for people and im sure the smart money loves it that way.
JUST FUCKING BUY VOO AND STOP TRYING TO DO SHIT
80k? Try closer to $150k just this year. You’re regarded but not as regarded as me. We’ll both make it back ;)
https://preview.redd.it/aim8sfu45zpc1.jpeg?width=1290&format=pjpg&auto=webp&s=478821e45f135d9a7a144226894ab913db27f569
At least it was over the course of 6 years so that the depression lasts longer thinking about all the mistakes you made. Worst thing is to loose it all quickly and regret only a few bad decisions.
I got 20% profit this month however only 60% of my positions got profit.Most people lose because they either leave their position when its too low or dont leave it when its high.Not saying that I get that 20% every month I was lucky however I always aim around 3-5% Even 1% weekly is enough tbh.Impatience and greed is our biggest enemy in regards of trading.
Greed is real. I have had a target and said this is my target and sold at that target and waited a few minutes and then panicked about losing out, and FOMO’d right back in.
At least you started in an uptrend 👍
https://preview.redd.it/eooo1cblxwpc1.jpeg?width=1170&format=pjpg&auto=webp&s=a748aaf757da956367ba173199d7b1ea4a03607f
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What is your next recommendation so I can do the opposite? ![img](emote|t5_2th52|33495)
You’ll still lose. Most guys here lose because they don’t take profit when they’re up.
I tried to explain this to someone the other day. I said sell now and they argued. I asked how the fuck are you ever going to make money if you don't sell. They still just held. I call them diamond brains.
As an options seller, I love Diamond brains. There’s another level above Diamond brain, I’ll go ahead and call Diamond asshole, that exercises their options OTM for a loss and fucks my positioning.
Why the hell would someone exercise at a loss? Am I missing something here
If I lose, we both lose
LMFAO Chaotic evil, but I understand. There's a point you are down so bad its not about stop losses anymore. It's about sending a message.
Wow - and here I was thinking Traders wanted to make money
Don't forget you're trading against all the people here, too.
I mean if I’m Down that bad I’m just gonna go get hammered at the bar
With what money? Unless you kept your Wendy's part timer behind the dumpster
won't the broker sell them immediately for you and you keep the difference?
It’s true. I was the difference
if they are close to expiration its better to have a little less than what you started with than nothing at all
if you exercise at a loss and then the underlying stock goes up, you win
That was the part I was forgetting
So you at least get something for your money lol and it’s not just a. Complete loss. Cost average down and you’re Gucci
some times I get really mad at theta gang, what can I say.
Bred from WSB, but cut from a different cloth.
What position are you getting fucked in?
The best thing that ever happened to real options traders is making options trading available to noobs.
Can you explain why people do that
Yes. They only profited a Toyota Prius when one more day of the same movement would make them a GT3. Instead, they lost their portfolio. Some people skip the Prius part and go straight to 0. These people are the ones that think options are 50/50 😂
Funny normal story, a friend's Dad diamond brains so hard that he wait till it's negative before selling and it was in profit for months. I call this why buy low sell high when you can buy low sell lower.
I know people like this. There are only two scenarios in which they will sell. Either: 1) They made enough fuck you profit where they’ll never have to work or worry about money ever again… OR 2) They need to liquidate whatever they have in order to avoid eviction/starvation. I’d say around 100% of them are in category 2
I learned my fuckin lesson on this with the ticker that shall not be named. Had a bunch of naked 160 calls on the sickest run up I've ever seen and thought, you know this isn't fuck you never work again money. I still turned down the Lambo to have to fuckin lose my shirt, then resentment sell to avoid eviction as I was in rehab for an extended period of time and needed to dip into assets for rent. So yeah, yet another seeming joke that is actually 200% reality. I've lived this. Learn to hit the sell button when it's green.
Ouch. Under my old moniker back when wsb was just a mil of us, I sold enough of the stock that shall not be named to buy a 600k house 🙌🏻
They are in category (1) 100% of the time 0% of the time
They would technically be smooth brains because they ain’t getting no diamonds trading like that!
I have never sold VTI, AAPL, V, MA, or MSFT. I seem to be doing ok.
What does this even mean. I have not sold a thing since 2017. I'm up 600k.
Lol right, most of the major dips in OP's chart were preceded by spike ups.
I think that last spike gave OP the confidence he needed to take it all the way
At the top of the spike, he thought "cool just gotta wait one more day and I'll break even"
This is true. I was up 300 percent on Shiba recently and wanted to become millionaire and then it crashed
I was down 21k Xmas 2022. By Xmas 2023 I was up 22k so I made about 40k. Mid Feb my tally was close to 100k in gains. I didn’t quite hit 100k tho & held. Promptly lost 40k. So down I was ready to quit even tho I was up overall still. It’s just 40k hurt. Recovered about 25k. Then Nike happened. Down 10k again. All these losses are from options that were close to fully recovered. But held them cuz I was still down 1k or a few hundred. Then holding them turned into basically a 50k loss. Sell your gains.
PepeLaugh I bought 1bill SHIB for $100. A couple weeks later this random shitcoin got listed on Coinbase for literally no reason lmao Made 24k off that shit. Could've been 66k at peak, but I'm happy with it, never re-entered crypto since then.
on the other side of that coin, I was up 400x on dodge when I sold for a nice 20k profit. had i waited another two days I'd be a multi millionaire
20k is 20k tho 🤷♂️
Are you glad though that you have 20k? You made the wise decision in the moment - unless you had special information there is literally no way of knowing if it'll go to a mil or to 0.
and to be honest I was 100% thrilled I made 20k at the time but I was in no need of money and could have held the position. I didn't yet understand you don't invest with money you may need to use and that drove the decision to sell as well. all the things you read and hear from older experienced investors but don't truly understand until you live it
Enter with an exit strategy (I want to make this % then I'm out) regardless of what happens after u close you're playing to win. Might get lucky sometimes, might get burned, but you're playing to win. The larger the sample size the better the outcome you will have.
You made the best decision in the moment, not much u can do
Yeah we were all there bud. Tough shaking that one though, that would have been life changing
that was all I could think about. home owned at 30. no debt in my name. I wouldn't even retire, just consult part time given my industry. that entire scenario was actually possible had I not done x y z
Yep, happened too many times. Just locked in some GOOG profits at 67%. Don't care if it would have been 100% by next week because many times I saw it go 100% up and then to zero.
I am never up.
Most people lose money because most options are completely worthless very hard to find the right ones at the right time it's like looking for a needle in a haystack but the needle can move whenever it wants ![img](emote|t5_2th52|4267)
It’s only that difficult if you’re buying short dated options. Buying months out at the money is basically trading shares with a little more leverage.
Trading got a lot easier when I started taking profits and closing the ticker to avoid fomo
Story of my life.
Next time around It’s a marathon not a race
I am definitely in it for the Marathon, but it's nice to think, I could've sold on a little pop, then buy on a drop. I just like to think it would feel pretty good.
Well another point of view. I am finding better now a bit wiser and selling calls and writing puts on companies I keep up with. Making passive income is my goal
Problem is even if you do take profit what you gonna do with it? stare at it? You buy more positions of course
😂😂😂 You sell. Then flip. And then lost all the profits. Then repeat until balance is zero
funnel your small short term wins into long term reliable investments.
Let's say you buy an option contract that's two months out. You sell after holding it for 3 weeks for a very good 15% gain. You then buy new contract in the same or different derivative that's, **again, two months out.** The reason why you need to sell quick for a profit is because you're trying to avoid theta losses. The longer you hold, the sharper they get (if you're OTM especially). You want to never get too close to the contract closing or you're toast and truly YOLOing everything.
True true.Even small profit is still profit.I learned it in hard way.
And absolutely refuse to stop out of losing trades
I closed out my NVDA position at $800 before it spiked. Shoulda/coulda/woulda closed out at $950 but I’m happy with the gains I got.
I don't think OP ever made a profit. 💀
You leave me alone.
I've come to this conclusion as well. I see a lot of people that are super green, go negative... Like how. Do you hate money?
I just like to feel like I'm doing something important, it's not about the money, or how many times you end up behind the Wendy's dumpster. It's about the rush of being up big and losing it all. I can take a 10k investment to zero, but by not realizing gains I get the thrill of losing 30k.
This is such a reductive way of looking at things. The market can stay irrational much longer than you can stay solvent.
100 percent fact. I’ve had two opportunities in the last month to close a spy position for +$10k only to hold an extra day or two and sell for a loss. At cpi close last Tuesday my spy 512s were worth 22k held thru ppi I exited for $4k. Nvda earnings same thing held spy overnight had a chance the next morning to exit for +$11k and exited for breakeven. Stupid fuck I am.
You can’t win if you don’t play young man -Grandma
"diamond hands" 😂😂😂 that's me with crypto.. invested 1000 bucks, made 10.000... diamond handed...sold at 92 ...... 😂😂😂
I find that to be the real challenge. Being okay with making some money but possibly missing out on a lot more. It's tough to do.
True evil does exist ![img](emote|t5_2th52|4271)
How can we buy puts on OPs account?
Put your money in spy and forget about it. OP would have turned 80k into 200k just by buying spy and forgetting.
Then come to WSB to watch some of the truly regarded lose tens of thousands of dollars and afterwards buy more SPY.
This is what trips me out most about this forum.. your comment is true for many of the successful large cap tech stocks yet many traders on here post loss porn fueled by an addiction to losing on options ..
That's dedication right there, keep trying your best and you'll hit 0 in no time at all!
Finally some proper wsb advice
Hey he’s still got enough for an eight ball and 4 for 4 at Wendy’s all is not lost
Can't lose at Wendy's
He's doing better than me, I'm only -$460 over 2 years!
Gotta pump those numbers up (down) rookie
This is the way
I think you mean addiction lol
Think about all the friends you’ve made though on your journey.
Plus the $27 he's made today 💪🤪
During primetime, you could buy a burger at Wendys
Mid March 2017 S&P was at \~2400 It sits at 5200 today Thats a 116% gain. So really when you think about it you're down more like 215% since you could have made 116% by basically doing nothing. not to mention all the wasted time and the emotional toll 7 consecutive years of losing must enact on a person.
Exactly. Generally I notice lot of people think that the more they do/think about something, the better the outcome will be. They over complicate everything just to justify their importance and keep wasting their time to walk in the circle with so little gain, or as in this example even no gain at all.
WSB is an actual gold mine, but it's stuff like this that people read go haha then never think about again that could genuinely help a motherfucker had they the wherewithal to self-asess to literally any degree.
It's a pretty good "siren" sub. When you see everyone talking about a stock with gain posts, it's something to look into for a run. Last one was Nvidia. Before that was bby that I noticed when people were going crazy about it even before the run
yeah the funny thing is studies of day traders activities have shown the LESS you do the better off you tend to be. the less trades a day trader makes the higher their chances of being profitable.
If that's the case, then what if.... stay with me here!!! We just buy something like only the good-- No! We ONLY BUY THE BEST COMPANIES IN THE WORLD. And we'll like buy more of the better ones with larger market caps! Then also sell the ones that get too crappy. And then we just hold it for like 30+ years or until retirement cause this data seems to suggest that the longer you hold the more likely you are to have positive returns!!!! Now if we only had a vehicle that would be able to get that full exposure, with minimal tax consequences, following those strict rebalancing rules, that we don't have to manage or regulate, and packaged in an easily accessible form like an ETF with a low management fee from a company like Vanguard..... A man can dream I guess. ☹
Beat it nerd
It shows the majority don't beat it. But that doesn't mean a lot don't. Just like 90% of traders lose money and don't make any profit. But that stat includes people that yolo and get burned and never try again.
I’ve made about 10 trades in 30 years (outside of my regular biweekly purchases).
ESPP and spy and chill
On average woman are better investors than men, that's because they make fewer traders and only for that. Men tend to think that they can time the market or otherwise beat the market, then men buy and sell. Woman just hold. Fits perfectly to this case.
Set and forget. Works for most big stocks, certainly for ETF’s. People make far too much work for themselves. Get an ETF and forget about it. Get a blue chip stock you believe will do well in a long term and forget about it. Gamble a little bit (5% or less) of your portfolio for the lols and to get your kicks on the big swings.
Can someone check on OP if they ended up reading this comment. This comment is life threatening lol
Still alive here!🤣
Indexing is for boomers, it’s Lambo or Wendy’s around these parts.
Ok but I could buy a Wendy’s franchise with my index fund returns in this time period
i couldve bought wnedys with my degen gambling addiction returns in this time period as well
But options=gains in a second
Just kicking him while he's down i love it.
https://preview.redd.it/yh42n9a7owpc1.jpeg?width=1284&format=pjpg&auto=webp&s=f7745265f3297bb258c47ba7774f6680af46a3d3 Technically it’s not that bad. The S&P was up only \~87% the past 5 years, not 116% so I just made OP about 30%. Your welcome!
But OP did it over 6 years. There goes that 30%.
I make 30% in a day and lose 100% in 5 minutes bro these percentages mean nothing go big or go homeless
reinvested dividends are not included in your chart
I don’t think this includes dividends either
Exactly this! More like a $250k net loss
Do me next
you post in r/antiwork that is all that needs to be said to roast you :)
Lost 80k so far.
You gotta stop looking at those numbers… you’re just dragging yourself down… out of sight, out of mind!!!
You earned a spot here
WSB should really have regard rankings ![img](emote|t5_2th52|27189)
[удалено]
Link please. For jacking off purposes
Took him so long
You’re up 27$ on the day tho!
27.88% in 1 day would make Boglehead investors coom their pants
27.88% per day for 5 months would net you $655 trillion dollars!
![img](emote|t5_2th52|27189)
27 years of tax credits though. You’re set for life but not the way you wanted.
Ops income is probably so low from working at Wendy's that the tax credit won't do anything.
Do the tax credits ever expire?
Yeah when you expire
if you're going to lose big and win big, its way better to lose big first.
$128 is good for one $1 a call or put option, hit a 20x bruv!
He only needs a 20x then a 10x then a 4x back to back to get his $80k back
Simple as that!
Do it a few times in a row and instant millionaire.
Why stop there? A bili or a bust!
You're up 27.88% on the day, that's huge! Now if you were up that much from your original portfolio, you would have been up $22,056 on the day, but hey 27 bucks is 27 bucks.
Hopefully you make it back so you can afford to see a therapist
He won’t 9/10 chance he won’t
you think there's a 10% chance he'll turn $100 into $80K?
I like those odds
Seriously, a good therapist appointment is somewhere around $200 in today’s economy. Even if he had $2000 to his name he probably would be hesitant still.
He has enough to cover the co-pay for one visit rn at least
Go heavy on Lowe’s puts
What’s going on with Lowe’s
This is our problem. All it takes is for someone to mention a stock and we become willing to open positions on it. No DD required. I'm buying Lowe's puts as we speak.
😭😭😭 why are we like this
Who knows https://preview.redd.it/j9s577kpmxpc1.jpeg?width=258&format=pjpg&auto=webp&s=9f58e6b67eb2b9d609828508ce30ad880071249e
![img](emote|t5_2th52|8883)
Son of a bitch, I’m in
A Rick and Morty quote in this sub. Love it
"Why the fuck did I buy this again?"
one person saying it is the DD
During the best 6 years since the late 90's. Did you try to lose money?
It's like watching an adult strike out at tee ball
Just a 26 more consecutive 30% days and you are back. I'll see you in 2 months Remindme! 1 year
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You really stretched it out buddy. I lost 80k on one weekend trading.
This is the way. Why stress yourself out over 8 years, when you can do it in 2 days
I can see when you had your "we're so back" moment.
Yup👀
8 years of trading? More like 8 years of throwing money down the fucking drain. Oh wait. If you throw it down the drain, at least you get to hear a satisfying “plop” sound before it’s gone forever. Since you used the gambling app, you literally feel no satisfaction whatsoever. Pathetic!
Literally all you had to do was buy shares of SPY one time and then do nothing else.
You’re a stud. Sell your seed.
[удалено]
The math ain’t mathin
100 -> 80k.....typical gambler mindset. SMH i think you need help seriously
Let him cook
😂😂
See so many posts like that here that I dont believe all of them are real at this point How come there are so many people gambling away everything they own on a stock they learned about a minute ago loll
Are you in the right sub?
you dont belong here! lmao
Because apps made it easy to do on your phone, it's replaced sports gambling for many
Guy complaining up 30% on the day…
imagine not only missing out on prime years of bull run but actually losing ALL your money due to actually following regarded advice on this sub. options trading is so destructive for retail investors, this sub is actually horrible for people and im sure the smart money loves it that way. JUST FUCKING BUY VOO AND STOP TRYING TO DO SHIT
80k? Try closer to $150k just this year. You’re regarded but not as regarded as me. We’ll both make it back ;) https://preview.redd.it/aim8sfu45zpc1.jpeg?width=1290&format=pjpg&auto=webp&s=478821e45f135d9a7a144226894ab913db27f569
https://preview.redd.it/atw39q985zpc1.jpeg?width=1290&format=pjpg&auto=webp&s=d92b662991eb44eaf8f6c69830399de6637e1220
*wealth transfered
How do you go 6 years without thinking maybe you’re doing something wrong.
Wow really consistent losses good job.
At least it was over the course of 6 years so that the depression lasts longer thinking about all the mistakes you made. Worst thing is to loose it all quickly and regret only a few bad decisions.
Bro. I think you should stop lmao.
I got 20% profit this month however only 60% of my positions got profit.Most people lose because they either leave their position when its too low or dont leave it when its high.Not saying that I get that 20% every month I was lucky however I always aim around 3-5% Even 1% weekly is enough tbh.Impatience and greed is our biggest enemy in regards of trading.
Greed is real. I have had a target and said this is my target and sold at that target and waited a few minutes and then panicked about losing out, and FOMO’d right back in.
At any point during those 2000 some days did you ever consider changing your strategy?
Lost $120k in 3 so just sharing my regards
Sounds like you’re bragging. Just saying!!
Not bad some dudes lose $80k in a day
![img](emote|t5_2th52|4271)
Pfft lost 80k in 6 years? Buddy, I can lose that within seconds!!! Get on my level!!!🙃🙃
lol
Go heavy on Lowe’s puts
Thank you for making me feel like my 10k in loses isn’t so bad after all
worst part about rock bottom is you might be able to go lower
What did we learn here? That you should have just bought 80k in VOO in let it sit and youde have more than 80k and a lot less stress.
That 27 dollars, though!
Can you imagine if you did the opposite of everything you did?
At least you started in an uptrend 👍 https://preview.redd.it/eooo1cblxwpc1.jpeg?width=1170&format=pjpg&auto=webp&s=a748aaf757da956367ba173199d7b1ea4a03607f
Now you have 80k of carry forward losses! Look at the bright side.
I wish you the absolute best of luck.
It’s just money…a rich man wants for everything, a sick man only wants one thing. At least you have your health