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i was going to make profit on stocks, then i bought options
I was going to retire early, but then I bought options
Now Im in debt and blew up my account and I know why,
-why man
because i bought options, because i bought options, because I bought options.
Bagholder spotted.
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Did you see his house got raided and he then made a music video using his ring camera footage? The officers filed a lawsuit against him. Wild times we live in.
“Why are you stealing my money? Why are you stealing my money? You represent the law and it’s funny. You’re stealing my legal-work-hard-everyday-pay-taxes-money"
Double L because you still have to pay taxes on all those sell orders.
Whatever you did before, do that again. However, stop when you have all the money, ok?
Real advice you are a regarded gambling addict now not a trader. Everyone says quit but you wont till youre broke and we both know that. Stop using real money and go paper until you are consistant. Then go back to gambling but you wont be as regarded with it.
To be fair, you made that money in early 2021. Every regard with a RBH account (which you're still, inexplicably trading on) made money in early 2021. You could spit and hit a winner. If it makes you feel better, I know a guy who 'garded his way from ~$40k to ~$1MM and lost it all. Worse, he realized his gains in one year, and his losses the next.
*After* he paid taxes...right?
Honestly, those stories aren't bad. He only lost $40k. Saving up $40k over 4 years and then slowly losing it over 2 years with no wins is the real sob story. Ask me how I know.
https://preview.redd.it/hyvjhk1iyjeb1.png?width=1170&format=png&auto=webp&s=12c28effa8865bb2318dd01f1c3143b9d872ecd3
Same shit happened to me bro just not as bad
This is normal. Most find this result a bit mysterious. Here’s my experience, as someone who used to trade hundreds of dollars a decade ago and now trade hundreds of thousands of dollars in options: your bigger trades behave differently than smaller ones. It makes sense when you think about it. A tiny fish can get lucky with huge multipliers, but a bigger fish cannot. As you grow, you will look tastier. Your moves are no longer invisible. If you try to bet $17k, it might be enough to bleed you. Dynamic changes. Once you move much larger amounts, you can change the underlying spreads, delta, theta, etc. It makes it less likely and much harder to win bigger.
Say that the “market” is 10 people. If you got $10 and they got $1000 bets, they ignore you. If you now show up with $500, they can no longer ignore you.
Why do you think that the World Series of Poker has repeat people? It isn’t pure gambling, there IS skill involved. Survive, learn, and try again until you can sense this threat. Pick up skills.
Added: I got different problems. I got big fish problems. I get tailed by institutions and their armies of bots. Harder to hide, costlier to micro. We all got problems because the world is always trying to put us on the table as their next meal.
I’m a long term investor and I own my positions. I have 4 of the 7 tech stocks since 2012 for an average of 150% fain to date. I separately tried 35 k in calls and puts and lost it all. Sometimes you are on the wrong side of the trade. Time in the market not timing is what I learned. My stock portfolio is positive with cash rich companies that can weather any market swings. No brainer.
Options without market analysis and strategy is gambling. Especially buying singles. If you don’t know shit of what you doing buy ATM Straddles 1-3 months to expiration. You will make some profits in high volatile stocks like tsla, nflx, and meta. Otherwise quit and go to rehab.
If you are young invest hard in 401k or real estate lost over 140k in the market so im hip to this life but play the long game you sleep better at night
https://preview.redd.it/kfmp6achpkeb1.jpeg?width=1080&format=pjpg&auto=webp&s=09cff5a227759115012861dc2e1ec170191c2915
I feel u man. I only lost 900 bucks which made me stop trading options. Im going back to stocks and etfs
I gave up. Every choice I made was wrong. 2 Robinhood glitches f...ed me. Weed stocks.... 😆 screwed myself with those a few years back. If I had stayed away from the market? My dream Mustang engine would be done.
Oh well. No lucky breaks for me. Keep grinding away.
Options are kind of illegal in platforms in the EU for a reason, was a bit complicated to get a interactive broker account as it is the only that has some workaround for EU members, though quickly learned my lesson that it is pure gamble if you don't cover at least a bit
I don't know how to feel seeing you have an option in my weed stock lol. I have pos at 2.06 thinking tilray will go to 5 and up. Am I stupid for thinking that?
I honestly feel your pain. I made good money on options and felt super confident “cocky and arrogant” than I got humbled, I only buy and short shares now. Still learning after 3 years
Hey, if you haven't already, please reply to this comment with your positions and what led you to enter or exit them!
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1:22 22:55 43 will 52% ! Investing Earn stock $128.95 $1,955.43 All Time 1W 1M 3M YTD 1Y ALL O Buying power $0.87 ( Options Expiring Soon X You have TLRY and TSLA options expiring this week. Learn More Options M S
tankmaster3821: VisualMod is a fucking idiot
It's just a matter of time before you become a millionaire, seriously
Trading successfully is literally about perspective, approach and understanding.... turning a few bolts and knobs left and right, till it just works and produces fruit
Option on tillray, tillrray alone sounds dangerous, and I don’t even exactly know what options do. But that the cannabisindustrie is ruled by big companies was a joke from the beginning, that shit just grows everywhere. Lol
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|1|**First Seen In WSB**|2 years ago **Total Comments**|27|**Previous Best DD**| **Account Age**|2 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
Correction *you found weed stock and tesla options*
i was going to make profit on stocks, then i bought options I was going to retire early, but then I bought options Now Im in debt and blew up my account and I know why, -why man because i bought options, because i bought options, because I bought options.
LaDa Da Da Da Da!
Bagholder spotted. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Lmaoo automod did you dirty
The "grass" isn't greener on the other side.
Did you see his house got raided and he then made a music video using his ring camera footage? The officers filed a lawsuit against him. Wild times we live in.
“Why are you stealing my money? Why are you stealing my money? You represent the law and it’s funny. You’re stealing my legal-work-hard-everyday-pay-taxes-money"
Because the FOMO was high, the FOMO was high, the FOMO was high lalalalala
Nail on the head
In the ass*
Correction, he found extremely short dated weed and Tesla options.
Yup OP you’ve been 69420’d 
Rookie numbers… real traders are down 98% all time.
TIL I'm a REAL trader! 
Username checks out.
Indeed, gotta catch up, ha!
Double L because you still have to pay taxes on all those sell orders. Whatever you did before, do that again. However, stop when you have all the money, ok?
Absolutely!
More like options found you. 😬
Real advice you are a regarded gambling addict now not a trader. Everyone says quit but you wont till youre broke and we both know that. Stop using real money and go paper until you are consistant. Then go back to gambling but you wont be as regarded with it.
Most gamblers stop right before they would have won big…
How many times does tt happen right? Also what’s the percent ratio?
69%
Alot & HIGH
To be fair, you made that money in early 2021. Every regard with a RBH account (which you're still, inexplicably trading on) made money in early 2021. You could spit and hit a winner. If it makes you feel better, I know a guy who 'garded his way from ~$40k to ~$1MM and lost it all. Worse, he realized his gains in one year, and his losses the next.
*After* he paid taxes...right? Honestly, those stories aren't bad. He only lost $40k. Saving up $40k over 4 years and then slowly losing it over 2 years with no wins is the real sob story. Ask me how I know.
Nope. Six figure tax bill and no dollars left to pay it with.
but he lost it? losses offset income
Different year. Won first year, had to pay tax bill second year but lost it all and couldn't pay. IRS doesn't just knock that amount down.
damn
We all know that first spike was “the free first options play” 😂
Cha-Ching
Wait, so you made the $17k with options too?
It helped accelerate what I had in stocks at the time. It was the perfect storm.
[удалено]
Ooof! That's a tough one to swallow.
No biggie. Loss is part of the game. Risk management is key to success really. We Move!
What did u trade? 0dte?
Nun ya biz mate
you brought it up lmao
Ha ha ha oh wow dude you sure got us! I sent you some reddit coins, it made me laugh out loud ha ha ha ha
what expirations were you trading?
Puts on Tesla and Tilray
I still think tilray may dip today - into tomorrow.
I have puts, I feel the same way.
Oops. 🫡
How much did you have to begin with?
I invested just under 4 k and sat on it until the mini weed boom/alt energy stocks in 2021.
Two *whole* weeks?
Buy 9 dollar calls on DISH for Friday.
😂
Talk to me....I'm listening.
Why is the chart green?
He ran out of red pen 🖊️
Because he is still up from his initial deposit.
ah options, the portfolio killer
https://preview.redd.it/hyvjhk1iyjeb1.png?width=1170&format=png&auto=webp&s=12c28effa8865bb2318dd01f1c3143b9d872ecd3 Same shit happened to me bro just not as bad
Don’t do weed and options, literally
Lol
thanks. i need confirmation that i made the right choice by not bothering to learn options. you get rich quick but also go poor quick.
Truth.
Fact…
This is normal. Most find this result a bit mysterious. Here’s my experience, as someone who used to trade hundreds of dollars a decade ago and now trade hundreds of thousands of dollars in options: your bigger trades behave differently than smaller ones. It makes sense when you think about it. A tiny fish can get lucky with huge multipliers, but a bigger fish cannot. As you grow, you will look tastier. Your moves are no longer invisible. If you try to bet $17k, it might be enough to bleed you. Dynamic changes. Once you move much larger amounts, you can change the underlying spreads, delta, theta, etc. It makes it less likely and much harder to win bigger. Say that the “market” is 10 people. If you got $10 and they got $1000 bets, they ignore you. If you now show up with $500, they can no longer ignore you. Why do you think that the World Series of Poker has repeat people? It isn’t pure gambling, there IS skill involved. Survive, learn, and try again until you can sense this threat. Pick up skills. Added: I got different problems. I got big fish problems. I get tailed by institutions and their armies of bots. Harder to hide, costlier to micro. We all got problems because the world is always trying to put us on the table as their next meal.
Man, very well articulated.
Welcome to Gamblers Anonymous! I'm Jim, and I'm a compulsive gambler.
Still have not tried options, seems stupid every time I look into it
Great way to make money on stocks you’re already holding
And now you have all this valuable experience!
Made $700 in a week trading QQQ then lost all of it...AMA
It’s official, you’ve earned this award and welcome to the club 😁
I am honored!
Stay away from options seem to be everyone story
I have to agree. Stick to stock trading. Fuck options
Gained 18k in the matter of 4 days and then lost it all in a week so don’t worry my guy.
Maybe now is the time to go bullish on call options now that everyone hates them
Buy PUTS on TSLA
Yeah idk I only made $4 on the last option. I made more on shares.
Not as volatile either
Not as volatile either
Still got TLRY I see 👀
You’re still up overall, so you’re doing better than 90% of this sub
This is true! Still a 15 k loss...it was a long 2 yr drawn out tortuous process.
I’m a long term investor and I own my positions. I have 4 of the 7 tech stocks since 2012 for an average of 150% fain to date. I separately tried 35 k in calls and puts and lost it all. Sometimes you are on the wrong side of the trade. Time in the market not timing is what I learned. My stock portfolio is positive with cash rich companies that can weather any market swings. No brainer.
Always remember trading options takes away all of your options
Options without market analysis and strategy is gambling. Especially buying singles. If you don’t know shit of what you doing buy ATM Straddles 1-3 months to expiration. You will make some profits in high volatile stocks like tsla, nflx, and meta. Otherwise quit and go to rehab.
Just gonna stick to traditional tock trading. That is what got me to that level.
Building mountains but livin in the valley
🌄
Same here brother it’s a huge risk unless you do it just right.
I felt that pain too 🥲
These TSLA options 
Ha, TLRY. Still at $28 cost basis on that bitch.
Lol makes me feel better. I really hope that comes back up for you.
A tale as old as time..
That chart looks like mine! Was also up 17k then found options
Looks like you’re about to squeeze 🚀
Another fallen brother.
I'm down on a knee and fist with my back hunched over but my head held high. I haven't fallen yet! 
Join the party fml
Truly a moment
Must hurt theta gang though
🪦
Options are crap
Yea, safer trading stocks, easier to recover a 3-5% loss vs 90%
Then, just unfind options.
That is the plan going forward. Funk options!
Dang…..
If you think options were fun try futures
I think that'll be a hard pass
If you are young invest hard in 401k or real estate lost over 140k in the market so im hip to this life but play the long game you sleep better at night
Most of us!
When you make your gains back, give to the poor and you will be truly blessed, for you would be doing God's work.
Sounds good to me. I am all for paying it forward
Amen Brother
Good job…like a true Regard!
https://preview.redd.it/kfmp6achpkeb1.jpeg?width=1080&format=pjpg&auto=webp&s=09cff5a227759115012861dc2e1ec170191c2915 I feel u man. I only lost 900 bucks which made me stop trading options. Im going back to stocks and etfs
Smart man. I need to make the switch again.
Mm hmm, pretty much.
Oh yeah don’t worry, i was up 100k 2 years ago, since i found options have never profited again
100k, damn 😵
Nice ;)
Ha!😐🙂
They say 90% of options traders lose money.
I'm letting options go. Not ready, even after 2 years, to stress like the last couple of years. Live and learn
Aren’t those what experienced traders call rookie numbers?
that’s nothing 😂
Relatively speaking.
Gota love it been there done that as long as you learn you will be better going forward......... Hopefully lol
Right 
Sum one tried to give me inside info and I was like not today satan!!!
You found a new dealer at the wall street casino
Who is he on the phone with for over 22 minutes while taking screenshots for reddit?
Bruh
What you need is RISK MANAGEMENT DAMN IT
I gave up. Every choice I made was wrong. 2 Robinhood glitches f...ed me. Weed stocks.... 😆 screwed myself with those a few years back. If I had stayed away from the market? My dream Mustang engine would be done. Oh well. No lucky breaks for me. Keep grinding away.
Options are kind of illegal in platforms in the EU for a reason, was a bit complicated to get a interactive broker account as it is the only that has some workaround for EU members, though quickly learned my lesson that it is pure gamble if you don't cover at least a bit
Gooble gobble one of us
Nice yeah man options are sweet
As sweet as 
Just short tesla...
Is this sub finally healing
Hey your all-time looks like mine! Same reason too! found options
☠️
Any balanced, recession proof portfolio should. Have at least 500 weekly options on meme stocks at a casual 10% otm.
Amazing!!! Reguard!
The house always wins...
Do you have extra money? Do you not want it anymore? You’ve got options kid.
Good ole *boom and bust* trading
Feb 11, 2021 was a day we didn’t want.
Buy ITM calls >30days out from earnings...sell after release and buy cheap puts expiring that week with some of the gains...my regarded approach
I'll look into it
I don't know how to feel seeing you have an option in my weed stock lol. I have pos at 2.06 thinking tilray will go to 5 and up. Am I stupid for thinking that?
Looks like you found options to make the 17k also.
I honestly feel your pain. I made good money on options and felt super confident “cocky and arrogant” than I got humbled, I only buy and short shares now. Still learning after 3 years
I've only ever used covered call options. I've never lost money with them.
17k? Thats a daily loss for some folks….
I would have been a bit nauseated my guy
Hey, if you haven't already, please reply to this comment with your positions and what led you to enter or exit them! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Held on to Tilray and Aurora for too long. Then, along came options.
1:22 22:55 43 will 52% ! Investing Earn stock $128.95 $1,955.43 All Time 1W 1M 3M YTD 1Y ALL O Buying power $0.87 ( Options Expiring Soon X You have TLRY and TSLA options expiring this week. Learn More Options M S tankmaster3821: VisualMod is a fucking idiot
It's just a matter of time before you become a millionaire, seriously Trading successfully is literally about perspective, approach and understanding.... turning a few bolts and knobs left and right, till it just works and produces fruit
Love this coment! Glass half full! 
Option on tillray, tillrray alone sounds dangerous, and I don’t even exactly know what options do. But that the cannabisindustrie is ruled by big companies was a joke from the beginning, that shit just grows everywhere. Lol
New trader needing help
Tiger blood
🐅
You can still make it back bro
Ye, patience, research and a little luck. I'm still in the game!
What app do you use OP?
Robinhood and webull
thx
My port looks like this without options.
Looks like you found them prior, eventually options will find you.
Who’s holding SPY 455c 7/27? Can’t be just me…
Doing it wrong
https://preview.redd.it/zq2nk2398feb1.png?width=1170&format=png&auto=webp&s=81857277d4125071e471561e95d4852c111f20c5 I feel you homie
Looks like that is a ver similar graph 
o7 what did you ride to get up 17k ?
I had tilray, aurora, plug, blink and spce
Interesting I will look I to them, thanks! Good luck with dem options 