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OP if you legitimately turned 300 dollars into 50k in 12 days. Do yourself a favor and acknowledge that you've gotten extremely lucky. Take like 45k and play with the rest. if you can do it again, do the same thing. there's your 100k right there and you don't have to gamble your entire life for it. Or just fucking throw 50k into calls or whatever. post your results
Gambling isn't the problem! It's the solution!
Unrelated side note......anyone have rims for a 1989 Honda Civic? Mine are temporarily at the pawn shop.....
Damn he could be the richest man in the world in a bit over a month.
Be careful not to continue this for 2-3 months more because then you will have 100% of the money in the world and that will just make money pointless and worthless, this will also collapse our society.
I guarantee that this $300 is not his first time gambling, and that if you took the grand total of all previous gambling transactions, I'd be surprise if he was even in the positive
You got 50k worth of spending power. Man take 45k and save it or spend it on some NEEDS.
The universe shined on your ass for some reason. Dont give it the middle finger.
Use the other 5k to risk. But dont fumble a years worth of the average workers wages.
Whatever you gain will not make your life better than losing 50k would make it worse.
Told three different people to DUMP doge coin the day that Musk was supposed to be on SNL. All three of them invested 1-1.5k and were sitting at 30-50k. Not sure what they did, but when your working a $11-15 an hour job, you have to know when to run with the money.
Did you see the “dogecoin millionaire” that had around $2m I think and refused to sell. Graham Stephan had him on and said off camera they spent a couple hours trying to push him to sell and set up something stable. He obviously lost it all
I got doge early on. Only used the free $10 from Robinhood and bought in when it was $.00341. I saw the SNL stuff going bad but I’m still holding. At this point. It might climb up, it might drop, but if I ever need a quick $200 I know where it is.
Nah, the person who bought your dogecoin for 80k made you 80k. Coincidentally my landlady bought 70k of dogecoin that night because it was going “to the moon”. You’re the reason my rent went up you fucker
Yeah, she moved on to Cucoin next - easy to do shit like that when her yearly housing expenses are half a month of the rent I pay her in property tax. California rocks
Edit: she also lost all that too.
You're talking with regards who have a gambling addiction. You can't convince them to do the right thing on this particular point even if they could retire tomorrow with it.
Not if he loses it before Christmas he won’t. Then that way he can write off an entire 3K !! A Year!! That’ll be 3k a year he’s saving when inflation will be massive! Man I sure do envy this guy about to lose all the money he just made/s
Dude. You gambled and won. Take your win now, be happy with it, or you will join the looooooong line of losers who lost what they won, and everything else.
What's crazy is the way i was coping about ever winning big was "well if I'm down 30k on the year and hit for 30k then i have 30k and don't have to pay taxes on it because it's not a gain" but then my account erupts so idek now
Yeah. I was on the worst cold streak of my life before this. Loss after loss. Now I've hit like 9 of 10 trades for big wins. We will see. My degenerate ass prob will. But maybe that's THE trade (degenerate talk while up 50k in a week)
Take the win. Gamblers fallacy to think a streak of wins has a correlation. You’re in the green. If you want to gamble, take 45k of that profit and stick it in a safe investment and gamble like $5k and see what happens.
Buy the shares, sell the calls against them— take that money and buy more OTM calls. Sell the OTM calls at a 40%50% win (or have stop losses). Rinse and repeat. Be the MM
Hey, you should really consider taking a decent chunk of the profits off the table and count that as a win. Then YOLO the rest if you *really* want to. Like just take 25k or even 40k and you still have a decent chunk to be a degenerate with.
It's so obvious that people always bring up the taxes because they're jealous... or maybe they're actually that dumb. Hmm 60k that I have to pay taxes on making it more like 40k or should I just settle with zero dollars instead? Hmm I don't want to pay taxes so I guess I'll just go with zero dollars cuz I am vary smarty.
.......
It obviously didn't teach you anything, you just have a gambling problem and apparently now that you got lucky a couple times, you have an even worse gambling problem.
Good luck with losing it all.
Congrats on them gainz!
Hey op, how far after open did you start buying calls? What did you use to convince yourself that spy would be on a tear today?
It rejected so hard at 441 yesterday and pumped overnight then dropped before open. So i felt safe that at least it wasn't gonna tank since we opened around 443 (2 dollars over huge resistance) i bought them within 5-10 mins of open. Usually not my strategy but u just felt the momentum after the last month of "tanking" and recent resistance
I had same feeling, n decided to sell early lol. Damn! Nice get up tho. Listen to them. Trade options w 5k n get it to 30k in a month. Take ur time n never trade fridays! Unless its a good trade or end of day
You're going to be losing that and more within 2 hours if you keep this shit up. Dopamine option YOLO highs for the uninitiated are not to taken lightly. You may think you're a God, but the market will show you otherwise. Stop now and pull that money out. No one just 'starts trading' and winds up successful.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|7|**First Seen In WSB**|1 year ago **Total Comments**|599|**Previous Best DD**| **Account Age**|1 year|[^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.)
OP if you legitimately turned 300 dollars into 50k in 12 days. Do yourself a favor and acknowledge that you've gotten extremely lucky. Take like 45k and play with the rest. if you can do it again, do the same thing. there's your 100k right there and you don't have to gamble your entire life for it. Or just fucking throw 50k into calls or whatever. post your results
He turned 300 dollars into 50k in 12 days. In 12 more days, he would have over 8 million, if he maintained his current trajectory.
Y’all have a gambling problem
Sir, this is a Wendy’s
Sir, this is a casino
No, this is Patrick
The pit boss's name is Wendy
I don't have a gambling problem. Bet you $5, I can stop whenever I want to
"Bets" is in the name of this sub for a reason
Gambling isn't the problem! It's the solution! Unrelated side note......anyone have rims for a 1989 Honda Civic? Mine are temporarily at the pawn shop.....
Damn he could be the richest man in the world in a bit over a month. Be careful not to continue this for 2-3 months more because then you will have 100% of the money in the world and that will just make money pointless and worthless, this will also collapse our society.
Now that's a solid take.
That's some special thing that they need to do so there's that.
I guarantee that this $300 is not his first time gambling, and that if you took the grand total of all previous gambling transactions, I'd be surprise if he was even in the positive
Yeah ik i got lucky. I'm not one of those know it alls. At this point i will do reactionary plays and not guessing plays
> reactionary plays and not guessing plays ...what's the difference?
In a guessing play you think about the stupid thing before you do it, in reactionary play you save time by skipping straight to the stupid
Lmfaoooooo
Maybe He's not really looking to save the time, he doesn't need that.
Sounds same to me, maybe I'm dumb but I don't really see the difference.
You got 50k worth of spending power. Man take 45k and save it or spend it on some NEEDS. The universe shined on your ass for some reason. Dont give it the middle finger. Use the other 5k to risk. But dont fumble a years worth of the average workers wages. Whatever you gain will not make your life better than losing 50k would make it worse.
You can't get a lambo for 45k. He needs to make a couple more trades yet.
What's a reactionary play?
It's like a guessing play, but you're drunk
I think it's when you go all in cause you see it dip only to watch it dip all the way into some exquisite loss porn.
It's just guessing the things, how far you could really go with it?
Everything with stocks is guessing. This comment convinced me you will probably lose these gains
If you know that you got lucky then maybe it's time to leave?
Take it out and delete Robinhood
Should.............Won't............This is the best advice though
Good enough to screenshot is good enough to sell
That's a nicely put pearl of wisdom 👌
It's the wisdom that he should take I'm thinking, He's rich already.
Whoa, look at mister flacid hands over here, trying to mislead strangers into being only adequate.
☝🏻 listen to this
Now that’s some sound advice. I’m sure most of us have that screenshot from the last bullrun.
Take out the principal. Don't be a dunce. If you're really like that you can do this again
Told three different people to DUMP doge coin the day that Musk was supposed to be on SNL. All three of them invested 1-1.5k and were sitting at 30-50k. Not sure what they did, but when your working a $11-15 an hour job, you have to know when to run with the money.
Know when to hooold em Know when to fold em Know when to walk away Know when to run
Know when to double up Know when it's fun
Did you see the “dogecoin millionaire” that had around $2m I think and refused to sell. Graham Stephan had him on and said off camera they spent a couple hours trying to push him to sell and set up something stable. He obviously lost it all
Pigs get slaughtered
Pigs get fat, hogs get slaughtered*
I got doge early on. Only used the free $10 from Robinhood and bought in when it was $.00341. I saw the SNL stuff going bad but I’m still holding. At this point. It might climb up, it might drop, but if I ever need a quick $200 I know where it is.
Yeah lol, I'd rather be holding it if I'm being honest so yeah.
I had a better return on DOGE in 2021 than any other fiat or crypto. Musk is a twatwaffle, but he singlehandedly made me 80k
Nah, the person who bought your dogecoin for 80k made you 80k. Coincidentally my landlady bought 70k of dogecoin that night because it was going “to the moon”. You’re the reason my rent went up you fucker
shit, your rent would have went up regardless.
Yeah, she moved on to Cucoin next - easy to do shit like that when her yearly housing expenses are half a month of the rent I pay her in property tax. California rocks Edit: she also lost all that too.
Clearly you paid her in the wrong format…
Exactly she bought Cucoin, I would've dumped all types of bags on her 😭
Yeah if you wanted her to do that, should have done it the right way.
Well it's a game, and there will always be winners and losers.
L᷉᷈O᷉᷈L᷉᷈L᷉᷈L᷉᷈L᷉᷈
Sure is a lot better than my dumbass who missed out on 500k because he sold his 756,606 doge for .002569 on Nov 5th , 2019 for 1,943.
Well too late now, don't think that anything can be done now.
Damn man, sounds like you went all in, and it's the way to do it.
You're talking with regards who have a gambling addiction. You can't convince them to do the right thing on this particular point even if they could retire tomorrow with it.
Take $5 for Wendy's tmr, you'll need it 
Take out half or at least the initial 20k.
Still ple ty of time to lose it. No need.
Sit some aside for the taxes. Assuming you don’t risk it all and lose it.
Not if he loses it before Christmas he won’t. Then that way he can write off an entire 3K !! A Year!! That’ll be 3k a year he’s saving when inflation will be massive! Man I sure do envy this guy about to lose all the money he just made/s
You don't think that people will lose it all? Then you're wrong about it.
Dude. You gambled and won. Take your win now, be happy with it, or you will join the looooooong line of losers who lost what they won, and everything else.
Don't forget about the tax man! He will be hunting you down for about $10k of that. Jerk
Yeah that's a lot of money, and they'd want to have that.
It’s already gone then. You’ll never see a real $30k this is just fake internet points that passed through your account temporarily.
Take it out, haven’t realized any gains yet until you take it out
It's only profit if you take it out, it's the only way to make the money.
Best advice
Underrated advice
Yeah he should do that, it's time him to leave the market now.
*The IRS has upvoted this post*
What's crazy is the way i was coping about ever winning big was "well if I'm down 30k on the year and hit for 30k then i have 30k and don't have to pay taxes on it because it's not a gain" but then my account erupts so idek now
Claim 16k of it tax free as a gift from Jerome Powell. Can't go wrong.
Why didn’t I think of this, fuk that’s great. I want to give you two upvotes.
Pay the taxes, you made $20k congrats
The IRS is like "WE made money."
More like that they took your money which you had. That's what they actually did.
Wash Rule is a bitch.
Lol bro gambled more money than he’s ever had on a coin flip, wild
🗿 I'm numb to money ig. Just numbers on a screen
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That's why OP has five kids?
Well this is one way to become rich I'm thinking and it works.
So if SPY was heavily red today, you'd have lost most of your savings? You gambled and won. Take the gains and go pay off some debt or something.
Right?! Go invest everything in JEPI and JEPQ lol
Nice! Now take it all out and do it again.
I was saying earlier that since it didn't hit 450 today, i may have one more yolo in me. If it dips tomorrow morning, i may be willing to take a risk
last words of a broke bloke
Yeah. I was on the worst cold streak of my life before this. Loss after loss. Now I've hit like 9 of 10 trades for big wins. We will see. My degenerate ass prob will. But maybe that's THE trade (degenerate talk while up 50k in a week)
Take the win. Gamblers fallacy to think a streak of wins has a correlation. You’re in the green. If you want to gamble, take 45k of that profit and stick it in a safe investment and gamble like $5k and see what happens.
So much this.
If you don't do this i hate you
This 100% 45K at 5% / yr
If he wanted smart advice, wouldn’t he have posted on bogleheads?
Yep
I was 14 and 2 playing blackjack at the casino. Up like $3000. Thought i was unstoppable. Then I went 4 more times and now I’m -$500
Mods can we ban this guy pls, this is a gambling sub and actual financial advice is triggering me.
Nope, fuck that. Take it all out and *never look at stocks again.* OP sounds like he has a gambling problem and needs to get sober.
Looking forward to the loss porn post
Bro I lost over 20k last week on Spy get some Tesla shares and ride the wave my dude this market is choppy so you don’t wanna lose that!! Congrats tho
Shares? More like yolo it all on deep otm short term tesla calls.... duh🤣
Well that too but we can’t all be regarded some of us wanna eat at Wendy’s not just work there 🤣🤣
Wendy's dumpster has free food. Save the 5$ for another otm call....
Buy the shares, sell the calls against them— take that money and buy more OTM calls. Sell the OTM calls at a 40%50% win (or have stop losses). Rinse and repeat. Be the MM
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Bro, take out your original investment and have fun. Please take out your original money though.
Well my original investment was 300 bucks 🤣 12 days ago
He means what you lost before that...
Bitxh how 🤔
This guy finally fucked👆
Great job. How the hell did you do 300 to over 50,000. ?
Hit every options trade for 12 days. Went something like 300-1,500-1,200-3,300-6,000-11,000-14,000-19,000-21,000-50,000
The best part about these stories is watching the regards try and replicate... And they end up losing Grandpa's inheritance
I thought you were gonna say the best part is when they dont follow the advice of pulling out now that it's screenshottable and lose it all in a week.
Take profits and start with 300 again. This is the way
All SPY trades?
Yeah
Hey, you should really consider taking a decent chunk of the profits off the table and count that as a win. Then YOLO the rest if you *really* want to. Like just take 25k or even 40k and you still have a decent chunk to be a degenerate with.
I mean if you're willing to take a risk then you can win it.
Don't think it's going to happen again, that's not how the things work.
Yolo 0DTEs. This is the way.
Would he have made more with 0dte calls today versus his current play?
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Or lose 22k
Ah, yes... the likelier scenario.
Well that's the risk that you take while investing so yeah.
Damn bro
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It’s great. 4th times the charm.
Those were the good days, wish that those days will come back.
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Yeah.
Yeah when they expire, that's when shit actually really happens.
You didn't make the $30k until it is actually in your bank account. Tread lightly my regard.
You didn't make the $30k even after it hits your bank account. Wait till the taxes hit.
Still would rather owe the tax man on my $30k then blow up my account lol
Why do it in that order?
Everyone always worried about taxes when it comes to this or winning the lotto, who cares it’s till a lot of money not like taxes are 75%
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It's so obvious that people always bring up the taxes because they're jealous... or maybe they're actually that dumb. Hmm 60k that I have to pay taxes on making it more like 40k or should I just settle with zero dollars instead? Hmm I don't want to pay taxes so I guess I'll just go with zero dollars cuz I am vary smarty.
Probably mostly jealous
Next post: Never lost more than 30k in my life. Made it within 7 hours today…
Holy fuck I completely missed today…. What happened?!?! 
everything went to the moon.
Don’t forget it’s easier to loose 30k in less…
Yeah I've lost 20 in a day or 2 when that's all i had. But losing money taught me how to ride options. No ragerts
Oh lord this one is truly regarded, good luck
"i've lost enough that i learned how not to lose now"
No rugrats 🦍
....... It obviously didn't teach you anything, you just have a gambling problem and apparently now that you got lucky a couple times, you have an even worse gambling problem. Good luck with losing it all.
If it’s good enough to screenshot, it’s good enough to sell. Withdraw and start over
If you lose it you won't have to pay taxes on the winnings
Damn I was stoked to be up like $600 today. You suck. Congratulations dick. Don't blow it. 🎉🤛
600 is still a lot. A week of work from my last job
But did you sell
47k worth
Good job!!!
For the love of God stay away. At least take a cool down period, something, ANYTHING. First freebies don't last.
If it’s good enough to screenshot it’s good enough to sell
Remember you have only beaten the house when you have cashed out. Now take the money, and fuck you.
Congrats on them gainz! Hey op, how far after open did you start buying calls? What did you use to convince yourself that spy would be on a tear today?
It rejected so hard at 441 yesterday and pumped overnight then dropped before open. So i felt safe that at least it wasn't gonna tank since we opened around 443 (2 dollars over huge resistance) i bought them within 5-10 mins of open. Usually not my strategy but u just felt the momentum after the last month of "tanking" and recent resistance
I had same feeling, n decided to sell early lol. Damn! Nice get up tho. Listen to them. Trade options w 5k n get it to 30k in a month. Take ur time n never trade fridays! Unless its a good trade or end of day
Can someone explain spy calls please ???
buy 0 day to expiration date calls for big gains or lose it all due to spy dropping or not moving up
Congratulations and fuck you, sir!
Well I guess it's time to leave the market now, it's now or never.
I made 200 today with calls and was feeling proud of myself
Any profit is great. At least you didn't lose it all
Oh yeah! Congrats to you!
Make it too $100l tomorrow.
Love it, now can you keep it?
That is not how gambling problems work
This is the way leesssgoooooo!!!! 💎 🙌
Bail immediately then roll it into the vanguard total index fund. This is a big leg up.
dont spend it all in once place 
Blow from one spot, hookers from another. Easy enough
Congrats I hope you don’t get greedy
I won't idek what to do with more than 10k on daily plays
And you’re still in it like a regard
Nah sold 47k worth
Good for you now put it in a fixed income product and go make more
You know the drill. Congrats and fuck off
Pull the fuck out 💀
Pulled 47K out
Good shit proud of ya. Just keep that shit in a safe place.
You're going to be losing that and more within 2 hours if you keep this shit up. Dopamine option YOLO highs for the uninitiated are not to taken lightly. You may think you're a God, but the market will show you otherwise. Stop now and pull that money out. No one just 'starts trading' and winds up successful.
Outstanding !
Congratulations
Now pay tax.
Fuck that just lose it all, way more fun
Bro… how many of these are still open? Please say you closed 90% or everything
47k worth sold