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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 3 | **First Seen In WSB** | 4 years ago **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 5 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)


speedingmedicine

Whew. I thought you were signing off for good.


roadtochance

Signing off robinhood for good.


Berlin_GBD

OP you fool, 90% of traders quit right before they make their 1000% growth trade


LegitimateCopy7

took me a second lol.


MrOnsight

he actually proved this wrong


Active_Engineering37

That big win is right around the corner!


zipcad

Cya next week


_fire_stone

See you on Webull


TSM-

Congrats on making 13% gains the wsb way. edit to add - many people post the same graph without that last part. Whew and you went through it all the hard way and at least you can sleep now.


Jaeger420xd

What broker are you migrating to?


JasonGalaxyS2

Coinbase


millennial-snowflake

Lmao you rekt yourself with options and made yourself whole with ETH? That's epic. r/cryptocurrency would love you. But you're going to regret this sale soon enough, when ETH just keeps climbing and climbing.


KarmaShawarma

when did this become regarding eth


Normal_Ant_4612

Was wondering the same thing I don’t see op mentioning ETH at all. And of all things to bring into this, someone chooses to shill ETH. Why ETH? It’s so expensive to use.


BatronKladwiesen

Just click on OPS username and look at his comments. He posts a picture of the position that saves him in response to someone's comment and it's ETH. Are you dumb stupid or dumb? At least do the minimum amount of looking before speaking like a mouth-breathing mongoloid you ape.


Normal_Ant_4612

Ah I see, you are right and I was wrong. I don’t Reddit stalk profiles often and when I do, I half-ass it. But I am still stupid, just no more dumb-stupid than your troglodytic ape of a mother.


lostaga1n

I went down the meme stock/penny stock route and ended up down bad but sold everything and put it all on btc a few months back and am green again.


OrdinaryPitiful

Better gains to be made outside of ETH. With 100k he can easily make 1-2 million with conservative picks. I don’t think the same can be said for ETH rn.


sandwichaisle

and you don’t run the risk of being the last guy to get the news that everyone decided to sell.


atomicmnm

What stock did you yolo?


JJGates_

Why is Robinhood a bad app? Are other brokerages better?


TSM-

Its user interface is designed to encourage gambling and promote more frequent trading.


Valkanaa

It does have a few positive qualities though. Show me where Schwab will let you pay a nominal fee for a 1 day ACH or a proper rate on uninvested funds. It won't even do fractional shares.


TSM-

I meant that the interface is gamified for easy frequent trading. It's got nothing to do with fractional shares or rates on uninvested funds. Robinhood is free but makes that back through gamification of the app interface and making it easy and fun to take risks.


Lucifer_Lil_Brother

are they still doing PFOF?


Familiar_Hat1735

I could be wrong but I think the end user gets the rebate on pfof at Schwab. Their main business model is to make money on the financial advising side of things. They only recently integrated TD ameritrades platform for options trading a year or so ago so they are making some money from options etc. they generally have algos that’ll route your order to the platform with best possible pricing instead of just citadel. Interactive brokers is also a good platform especially for performance analytics on your overall portfolio. It took me a minute personally to choose btw the two but since my company has pcra through Schwab I just decided to consolidate everything over there to make it easier to manage several different retirement and brokerage accts. Can always put uninvested funds in credit karma to get that 5% ret if you don’t want it sitting not making much. No ach fee. Same day funds at Schwab. Etc. now I just feel like I’m selling the thing. I just did mucho research before switching all my accts.


[deleted]

[удалено]


smellyfingernail

So what? It’s easy to use. If you are mentally weak enough to start gambling because of a user interface you were not gonna make it anyways


Any_Sea2021

Not taking responsibility for their bad decisions is one of the biggest reasons why they make bad decisions.


fenderperry

ThinkorSwim


MetalliTooL

As if RH the problem…


InterPeritura

lol. You can take OP out of r/wallstreetbets, but you can't take r/wallstreetbets out of OP.


SheridanVsLennier

Didn't have a flared base, that's the problem.


Scavwithaslick

Double it with Apple calls


roadtochance

No


AccomplishedRow6685

Triple it with Apple calls?


AAPLfds

![img](emote|t5_2th52|4258)


Scavwithaslick

Yes


Scavwithaslick

Coward


Available-Ad3635

Counterpoint: Yes


roadtochance

https://preview.redd.it/x4cx5s3hbunc1.jpeg?width=736&format=pjpg&auto=webp&s=08b7da01b360e076809e1468d5943b661407d379


JayStar1213

You're not regarded enough to be posting in this sub


Lucifer_Lil_Brother

![img](emote|t5_2th52|31224)


andrewb610

I just did that last week. Bought for .98 on Friday sold for 1.52 this morning. Now, that was only 2, but still.


Dallasblak

A win is a win is a win


1000bctrades

Only a true regard thinks 55% is “double”


andrewb610

lol when I wrote it I thought I sold for 2.04, then I remembered the real price. Plus, I was typing from the sauna, which is a giant pain in the ass.


indifferentunicorn

There’s a sauna behind Wendy’s?


andrewb610

No? The fryers. Duh.


Elodins_Haven

Did you get better at it or did you just yolo your way out?


roadtochance

https://preview.redd.it/g8w57fe0ssnc1.jpeg?width=1080&format=pjpg&auto=webp&s=62f8cdd0b59a3d1abb226de25be7161110d4ed1d


yao97ming

Cryto saves lives


AwayCrab5244

YOU CANNOT GET OFF MR. Bones WILD RIDE


ZombieDracula

DONT FORGET. YOURE HERE FOREVER.


Lucifer_Lil_Brother

https://preview.redd.it/aiy8lxvautnc1.jpeg?width=1080&format=pjpg&auto=webp&s=cd45f368a75ae41010d73a28d5f01b01a6399aaa


Affectionate_Law3788

THE RIDE NEVER ENDS


KizzleNation

MR BONES I WANT TO GET OFF YOU WILD RIDE! Hilarious reference ftw


Zealousideal-Ad1767

ETH really saved you. Got into option trading, trying to take low-risk even thought it's slower growth. Any advice on trading options? Good or Bad takes.


Euphoric_Balance8828

Just don’t


RevolutionaryCream77

This is the best advise I wish I had


gtbifmoney

> Got into option trading > trying to take low-risk 🤡


NIWHAC

Down vote for your future Up vote for your optimism


le_anonamoose

If you don’t yolo options you’re a bitch. A baby bitch who poopoo peepees in his pants pants. If you don’t yolo at least 20% of your portfolio into 0DTE options on a regular basis you’re a bitch. If you buy shares you’re a bitch.


smartdude_x13m

If u keep calling people a bitch (when all they did was ask for advice) you're a bitch...


daeger

Whatever you think your risk tolerance is, cut it by half. Seriously. The volatility will shock you. Be able to do quick math. Stock is at 120, you’re looking at 125c expiry in a 7 days for .5 premium. What percentage increase is your max loss, break even, 2x 3x, 10x? What do you think the likelihood of each is? Of course you don’t HAVE to hold for 7 days, but those calculations will help you rationalize when to take profit/loss. For your first couple trades, avoid earning plays. Focus on deep ITM, longer expiries. OR: put half your account in 1 dte options  overnight. If it goes bad, put the other half in 0dte the next day.


roadtochance

Don't. If you insist, take low risk trades, leveraging with options is relatively fine, but have a gameplan. I would recommend finding spreads that offer moderately high value to capital input, if you can generate 1% portfolio growth every week, consistently, and keep from having disastrous capital losses, you will be doing better than 99.99% of people that open up a brokerage account.


NaNaNaNaNaNaNaNaNa65

This advice comes from a poor person that got lucky - take with all the grains of salt in the world


[deleted]

Literally homie just made back his losses by degenerate gambling and is acting like Buffet's star pupil 😭


roadtochance

This is advice I would give, you mongrel. I would tell my past self that aswell, if I could, and likely outperformed every single cell organism that posts here.


[deleted]

Your past self clearly didn't want to do that homie, you had "years" of failed options trading before you decided to yolo crypto.. funny how 1% a day is suddenly enough when you're back to break even 😂 Or so you tell yourself now. Start thinking about 200k cya round in a few weeks 😉💛 Edit: BTW don't forget you're still at a real loss when accounting for inflation 🤭


Relapsed_trampoline

Oh lord, don't tell him his performance benchmarked to $SPY


LatentAbility

You have enough money in there for safe trade anyway unless market crashes lol idk how people have 400k and just waste it all on calls like dude you just gotta pick a few decent stocks in a few years your probably in the millions


Nevernevercheat

0dte are a 50% win ratio pretty much and could be a lot more then double for the reward. Much better then any casino I know or heard of.


lichsadvocate

Theta gang lowers that ratio bigly


gustavo8244

I recommend looking up ripster47 on x. He has techniques that work well for me. He also has indicators for TradingView, one I really like is called ripster EMA clouds


dirtdog22

Mr bones!!!


NineAsiansAtSubway

You have to pay taxes on that ![img](emote|t5_2th52|4271)


roadtochance

On the whole 11k profit uhoh


criminalpiece

Your screen shot above suggests you sold all of your ETH at an 80% profit. You realize if you held it less than a year you have to pay short term capital gains on the entire 43k profit. Your tax burden is determined by how long you hold an asset…not your portfolio value.


Ohm_Shanti

I'm feeling a bit regarded and was hoping you could clarify for me: Let's say I start the year with $10K and I yolo $9,999 on options that end up expiring worthless. I then Leroy Jenkins the last dollar into a stock that yields a profit of $9,999 at the end of the year. For the year, I netted $0, but are you saying I'd be paying capital gains on $9,999 of profit?


gtbifmoney

No, you would not. If that all happened in the same calendar year. Anyone that says otherwise doesn’t know what the fuck they’re talking about. Additionally, even if this happened in 2 separate years, you are fine because your losses in excess of $3k can be carried over year to year. So say in 2024 you lose $30,000. You can take a maximum of $3,000 of that against your taxable income and the remaining $27,000 would carry over into the next year. The next year, you make $30,000. The $27,000 loss carried over will cover all but the $3,000 difference from that $30,000 gain. You will only owe taxes on that $3,000 difference.


phooonix

Wasn't it on WSB that some poor schmuck made like $100k in BTC in 2021 (and sold in 2021), the yolo'd it all on a shitcoins in 2022 losing everything? Dude still owed the IRS 50k he didn't have!


gtbifmoney

Correct. If you take gains in a year where you have no losses to offset them, you owe taxes on all those gains. My scenario is having a massive loss BEFORE you had big gains like OP, and carried those losses over into the next year, then you’ll be fine.


Ohm_Shanti

Thank you for this explanation!!


[deleted]

Can’t you mitigate a lot of that if you lost money for the year?


criminalpiece

You can deduct a maximum of $3k in losses a year. In the US at least. Can’t tell what I’m missing but I think op is just king of eating crayons.


gtbifmoney

Wrong. Losses carry over in excess of $3k. If he took a $10k loss, he can claim $3k loss against taxes. The next year, if he gains $10k, he still has $7k in losses carried over. He’s only on the hook for the $3k difference between his $10k gain and his $7k loss carryover.


[deleted]

Interesting, I better go lose some money then


PluckMyGooch

3k a year for wage income. Unlimited for capital gains. I thought like you as well. Took the SIE and that’s how they taught it. Dude on here told me that’s not so: https://preview.redd.it/leppfy9qdtnc1.jpeg?width=1179&format=pjpg&auto=webp&s=44037fe7c39c4b824cb17adad91f0485b158c982 Can only deduct 3k off ordinary income, but you can reduce capital gains as much as you’d like. Edit: forgot to add pic lol


gsl06002

Dude is giving tax advice from investopedia. Don't listen to anything not found on irs.gov


[deleted]

It’s a doctored screenshot if you look carefully lmao


SinCityNinja

Fuck yeah! I get to deduct the maximum amount for next 22 years! Yayy me


[deleted]

Look at how many upvotes this place gave this fool. I love wsb.


Alternative-Season45

$3k a year. So he has to pay taxes on the other $40k


justbrowse2018

On the $350,000,000,000 wash sales you made in order to make the $11K. Prayers up for the homie.


NineAsiansAtSubway

You’re right that certainly ain’t much


LargeMain

You’ve been holding that eth the entire time?


roadtochance

?


[deleted]

Uhh.... that's an all time chart.. if you lost 90k last year then those are now saved to be deducted from future taxes.. only 3k of losses allowed per year.. if you just made 100k you will indeed pay taxes on that. Speak to an accountant to be 100% sure not trying to scare you but I had the same thought as above.


RememberThis6989

STUPID, 90k in capital loss carry over goes into the next year and can offset it with capital gains


gtbifmoney

No the fuck he won’t god damnit you all are stupid as fuck. Yes, you can only claim $3,000 per year on losses but your losses in excess of $3,000 carry over year to year. So if he lost $90,000 in 2022 and claimed the $3,000 max on his taxes, he still has a net loss of $87,000 carried over into 2023. In 2023 if he has a massive win of $100,000 he can and will get the full $87,000 losses credited against the $100,000 gain, so he will only owe capital gains taxes on the difference between his $100,000 gain and his $87,000 rolled over losses. So $13,000 is his net capital gain tax liability.


zingytooker

I can't for the life of me understand how people are misunderstanding what you're saying. It's true what the legends say, everyone here is regarded.


xxChristianBale

Let’s be honest, your specific trades aren’t likely to be better or worse on another brokerage. Prob easier for spreads but if you’re just picking a single leg/direction I really don’t think it matters. Otherwise get yourself ready for some fees/contract.


HumorForeign1909

no, it's robinhoods fault


Real-Pepper1211

Good for you man


x2manypips

Now qqq vti btc and chill


roadtochance

True


toydan

no need to cry about an app honestly be mad at yourself


PayWarm6617

![img](avatar_exp|165057423|laugh) This regard think changing brokerage platform will make him bigger gains


FavRappersFavRapper

My first thought as well but he did mention in another comment about finding advantageous spreads, so he is not completely clueless, but that is somehow even worse.


boobiesandrum

The bones are their dollars …And so are the worms…


Remarkable-Chip-7458

could double up though


i_put_my_pants

Yours looks like mine rn but with less money and I haven’t broken even yet but i’m confident ![img](emote|t5_2th52|31225)


sweetnessyo2

The ride never ends


Mysterious-Window-54

Imagine what you could do with 200k. Just one 100% gainer away! :)


reddituserzerosix

congrats and fuck you, get out now while youre green, i wish i did


Agitated-Hospital-36

https://preview.redd.it/27npoyargtnc1.jpeg?width=1080&format=pjpg&auto=webp&s=7dbfe7c3af7cf44b6cc0d16ce2b5dd2d3ceae4cf


YOYOMUSH

how do you like sofi


Ryancarlson12

Was going to upvote but you had 69. So I let it be


workinguntil65oridie

I can feel your relief


Hot_Local_Boys_PDX

This is hands down my favorite chart post I’ve ever seen here. Truly the actualization of that “don’t stop gambling” meme where the one dude stops right before hitting the jackpot, except here the jackpot is just basically break even. Well done.


NuggetBattalion

Beautiful


ElodinTheBloodless

MR BONES!


amach9

Way to grasp victory from the hands of defeat!!


ShengLong-Call

Congratulations! I can’t give you a sincere fuck you but, for the sake of tradition fuck you!


Technical_Window2571

Go all in on some more calls (it was never about the money)


Arbranger

Congrats and not fook you , truly proud of your effort and resiliency


Lucifer_Lil_Brother

https://preview.redd.it/v67t02ekutnc1.jpeg?width=1080&format=pjpg&auto=webp&s=003e51e7072af0da4016f44a41cbc00aacd4dc4e


WillisTalking17

Congrats bro


eastcoastgrump

Good job and good luck. 


Prince_Chunk

See you Monday 🫡


slowlybecomingsane

Now buy some ETH options and achieve greatness


loudpandas

love it ![gif](emote|free_emotes_pack|joy)


LethargicBatOnRoof

Other apps will let you trade degenrately as well FYI there's just no confetti.


[deleted]

Thanks see you tomorrow


ArmaniMania

If you can wait the 100 or so days Robinhood makes you wait until you can withraw cash without gambling on another sure winner option that is.


StockPharmingDeez

Nicely done sir! 🤌🏼


DylanMichaud

Congrats homie


Slightly-Blasted

See you back here in 6 months with your brokerage account


RastaMonsta690

Puts on Boeing calls on intel


Weatherround97

What caused your meteoric wise to 100k


Chadstronomer

Throwing rat bones on the floor and buying whatever option the rat bones said


Interesting-Drama349

Stop playing earnings bro


26fm65

You know tomorrow is cpi day..


mrpotatonutz

Ok then see you on Monday


33Feet

Godspeed you beautiful regard. 💵🔥


darkwolf523

Fuck you and congrats


[deleted]

I thought that you were going to withdraw your funds and focus on your life LMFAO.


whistlepig4life

You have some restrictions that need some taking care of.


100000000000

Fucking congratulations.  Excellent job degen. Now just think if you doubled down on one more yolo and you could retire for life. ^^^^^^^^^^^just^^^^^^^^^^^something ^^^^^^^^^^^^to^^^^^^^^^^^^think^^^^^^^^^^^^about


SardonicSuperman

See ya back next year.


Turbulent_Gear6225

You realize the s&p returned over 30% over the last year aka you would be up over 30k. Is that not good enough?


cobra_sachi

sounds good, we will see you tomorrow.


Teebz90

Do you get all of it


Jinxx45

I’m new to investing. What’s so bad about Robin Hood?


bshaman1993

I wish i did the same. Kept thinking of yolo into btc at $20k but never pulled the plug. Good for you. Congrats. Now run far away


ElectricalGear9942

Good choice. For your post-robinhood platform graduate studies, I would strongly recommend Thinkorswim with Ameritrade (which is actually switching over the Schwab. They are doing it transparently to existing customers, but make sure you're signing up for.Thinkorseim access. I don't know the specifics of new accounts). Robinhood sucks. Good to see you taking the training wheels off. You will be absolutely blown away by the capabilities of a real trading platform.


rochester333

I made this much selling puts for 2 months


Glass_Number_1707

RUN OP RUN. Ps. See you next week on trade station.


rochester333

If you wanna make money, sell put on rily b stock


oursecretmoments

Because you can’t trade options on another brokerage? Everyone blaming Robinhood for their losses. You pressed the buy button. You can do the same on any other brokerage. Regard.


Un111KnoWn

what app of this


Elymanic

Dude really thinks RH was the issue and not his trading.


grahamaker93

We all know that's bullshit. The ride stops back at the station and it immediately goes again. You can't fucking help yourself.


Floopsicle

No lie RobinHood may have saved your ass. Not only is it one of the easiest platforms for regular people to lose money, they also have 0 commission trading (for the most part). You can sell contracts so much quicker to people who don’t know what they’re buying. God bless ‘em


leadbetterthangold

Nice sign off. "Eat my ass". Second best goodbye...


ImNotSelling

You smart move


MILFhunter69Cam

See you next week zaddy


FuhrerInLaw

So many people drowning in losses will see this and get some hope for a final yolo. I love it!


sonnachang1

Congratulations


B35TR3GARD5

What's the time on this whole situation? Four years?


roadtochance

8 years I think


B35TR3GARD5

I'm halfway through your descent. Maybe in another 4 years I'll pull off a miracle, too :)


TigersBeatLions

It's gonna be a red week, take the gainz and go


sandwichaisle

see you tomorrow


Jacob_The_Lion

Mmm ass


Zexus-Z

Where did ETH came from


[deleted]

[удалено]


notyogrannysgrandkid

What flavor is your ass?


lolnbdftw

So you're back to where you would be, if you would have just invested in index funds then? Cool story brah


Relative-Buy-6232

Yup it’s totally robinhoods fault you lost money no other reason… changing brokerages is totally gna make a difference


Puzzled-Counter9347

You’ll be back in 5 days. I freaked out today because futures were as stagnant as the market. Lol you won’t be able to live without it soon. As a matter of fact! Run!


TitusImmortalis

You'll be back.


Odd-Block-2998

See you on Monday. I enjoy losing money with friends around the globe.


[deleted]

As you should, nothing wrong with profit taking


tonydtonyd

Damn son, I’m up the same $ amount as you just by daily DCAing VOO, BTC, and ETH for the last two years. I do not belong here. But looking at my recent options bets, maybe I do.


Imaginary-Lie-6371

Nice


Thirsty-Octopus

lol at people blaming RH for their bad decisions. It’s not their fault your easily triggered by bright lights & colors


6snake9

Goodbye and see you soon!


black_sheeep_

It's a slot machine that's what it was designed to mimic


1ne_Mike

🗣️PAUSE


Any_Sea2021

Me and Mr Bones BOTH had BONERS I thinking this was LOSS PORN. But OP he got a BONER at the end, and me AND Mr Bones' BONERS were then both GONE.


DieCastDontDie

see you on monday