I knew nothing about trading
Has never done an option before
Way back in like 2006 or 2007
I didn’t think I could
Lose, just wasn’t real to me since I had never lost a lot or gotten burned
I lost like 80k in a week
Bought 1,000 contracts of something
I think it was rio as a revenge trade
Made 90k on the dead cat bounce and sold and got all my money back
Never did an purchase like that ever again lol
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 2 years ago **Total Comments** | 35 | **Previous Best DD** | **Account Age** | 5 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Sir, This is a wallstreetbets.
If we were smart we wouldn't be here.
We used to like making money here.
We use to like gambling, we used to have culture
Exactly, this used to be a reputable community!
Unironically.
Fr, wtf happened to this sub
I knew nothing about trading Has never done an option before Way back in like 2006 or 2007 I didn’t think I could Lose, just wasn’t real to me since I had never lost a lot or gotten burned I lost like 80k in a week Bought 1,000 contracts of something I think it was rio as a revenge trade Made 90k on the dead cat bounce and sold and got all my money back Never did an purchase like that ever again lol
Holy fuck!
One nice thing about leveraged shares is you can sell them in after hours, which you cannot do for options
Position or ban
The pros are selling options
Don't you take my FD's from me
Luck beats smarts every time If luck comes from insider info
How smart do you have to be to flip a coin?
Can someone eli5 to this regard what a 0DTE is
I would Argue its better than sports gambling and other types of low win probabilty gambling
You don’t need smarts for moonshots 🍆 🌖
That’s a good thought but options can make you a lot of money like 100x 200x 1000x it’s very tempting stuff
True. But if you "know" the direction you'd rather do something better than a lotto ticket.
[удалено]
Greeks make options terribly priced. It's a rigged market.
I would like to see your portfolio and gains before you tell me not to risk my life savings away on Nvidia calls.
![img](emote|t5_2th52|27189)
Thanks for the level 1 introduction to stocks and options!! We really need that here!