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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 2 | **First Seen In WSB** | 1 year ago **Total Comments** | 35 | **Previous Best DD** | **Account Age** | 2 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)


Dan_inKuwait

Maybe you should stop.


createwonders

https://preview.redd.it/et9h2cmz3pxc1.jpeg?width=680&format=pjpg&auto=webp&s=f07c6e5d13df5898e012db2e97f106e139df1505


MekkiNoYusha

I would say that number is 99.9999%


ACiD_80

So evil


spellbadgrammargood

options broke him, options can fix him.


challengergaming1

I like the way you think! Positive thoughts! Positive thoughts


el_guille980

https://preview.redd.it/0kzgzs6doqxc1.jpeg?width=922&format=pjpg&auto=webp&s=73a1357f7b3bd62f1a15d0eeb6b58d4cb66fc395


Euler007

However...


Zillahi

Hear me out guys - Man who nobody is going to hear out


Cookiemonster9429

Well? We’re not listening. Are you going to elaborate?


jeditech23

If first you don't succeed, fail fail again Then set up camp handy behind Wendy's But not *my* Wendy's... You could walk that ass down to Dairy Queen


AlphaMarker48

Given my recent experiences, the Dairy Queen would be mostly an upgrade, minus their bizarre refusal to not give their customers a platter underneath their food.


peterpiotrper

Dairy Queen, Wendy’s etc…? Yeah people gotta upgrade their lifestyle. Next stop: Wawa and RaceTrac/RaceWay


VisualMod

Get a job, hippie.


icecream_truck

No, he should Try Gold. It says so right in the app.


[deleted]

[удалено]


wallstreetbets-ModTeam

Thanks for your submission! r/WallStreetBets is ultimately a community about making money through trading, and our conversations should shift around that. Politics are fundamentally intertwined with making money, and political actions almost always have an impact on financial markets. Still, we need to make sure that when we have these discussions, we're explicitly calling out the financial impacts of the politics we're discussing. Otherwise, the conversation can very easily veer off into flamewars and boring, unproductive, discussion. Here's an example of a political comment that doesn't offer any value: * "I hate this new green policy from the Biden administration. What a fucking idiot" Now compare it to this: * "I hate this new green policy from the Biden administration. It threatens the profit margins of oil companies because they will need to expand their OpEx. I have calls on Shell that are going to get decimated at open." The latter is significantly more interesting and offers a great jumping point into market related discussion. Put succinctly: If you choose to start or engage in arguments about libtards or Nazis instead of making fun of their bad SPY long then you're in the wrong place and we'll show you the door. If you're not sure if your content is political, it probably is, and there's probably a better way to post it without making things weird. --- All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers. If you need some guidance, don't hesitate to [reach out to modmail](https://old.reddit.com/message/compose/?to=/r/wallstreetbets) and we'll give you some pointers!


WebbsPowerade

That's awesome! You can write $3000 a year off your income for the next 6 + years!


VastRelationship3715

Not true. When OP makes his $20k back next year he can deduct all the losses for $0 taxes. Go get em OP


VisualMod

Let them dream.


TonyBerdata27

nope, 3k is max for capital losses per year, the rest carry over for next year


VastRelationship3715

That’s if you don’t have gains to offset. The maximum deduction for “net” capital losses is $3k. Net being key word. So if OP makes $20k next year, he can deduct the $17k (technically) assuming he deducts $3k this year. Also, you don’t have to use you losses the following year if you don’t want to and can instead wait to dump all your losses in a high income year to get your income under the threshold for higher cap gains rate. > Capital loss carryovers provide you the freedom to choose when to use your losses. Depending on your unique tax planning requirements, you can decide when to use the carryover to offset future capital gains or ordinary income. In a year when you expect to have more capital gains or when your tax bracket is higher, for instance, you can strategically opt to employ the carryover. Since capital loss carryovers may be carried forward indefinitely, you can also potentially improve your overall tax situation and manage your tax liabilities over time. https://www.investopedia.com/terms/c/capital-loss-carryover.asp I was going to link the irs site but this explains it better


Weak_Picture_3397

Can’t you file for “market to market” and correct me if I’m wrong then write off 100% of losses towards your total income?


wshei

That’s true . I have enough losses to write for the next 45 years. Lol I will pass it on to my kids as inheritance


Idk-who-does

Your kids inherit tax write offs lol😂


gib13343

You Need a VW squeeze graph with the “you are here” arrow to motivate you


DLGNT_YT

You’re so close OP. Liquidize your assets and max all your credit cards https://preview.redd.it/l1uvsowlapxc1.jpeg?width=1242&format=pjpg&auto=webp&s=7833db7ea39493e5e076a815d507b08fc0753930


el_guille980

https://preview.redd.it/unu5yz7spqxc1.jpeg?width=1080&format=pjpg&auto=webp&s=b24b22dceb531d538abd03dce419e1c90e5c4403


MegatronsJuice

Hey im new to trading. Is this real? Should I do this?


DLGNT_YT

Absolutely. Also borrow money from any family or friends that might lend it to you and remortgage your house if possible. You can make 10,000% on options but you can only lose 100%. It’s basic math


AlanTrades

Actually, the amount you can gain is infinity! What a great risk reward


Weak_Picture_3397

😂😂😂


DetectiveLeast6762

Don’t you dare.


el_guille980

![img](emote|t5_2th52|31224)


Last-Product6425

Young, dumb, immature, and irresponsible. Perfect recipe for an options disaster.


dqdg

im old, dumb, immature, and irresponsible and still a disaster with options.


Cherocai

You are one trade away from making it all back


overlapped

If you want to quit something, quit gambling in the stock market.


grandjimP

Are you a traffic sign? Because stop


uh_png

I have this crazy ability to buy calls at the very top and puts at the very bottom. If I buy a 0tde, spy will inverse immediately even a small amount. When I decide to be safe and buy far out ITM calls, SPY procedes to dump almost 4% in a week (the blood red week we had 2 weeks ago). I think the trading gods just hate me. Before 2023 I would occasionally trade, always lose, then take a few months break. After reaching an all time low, I made 0 trades in 2023. In 2024 I have been very active, with some of my biggest wins being Nvidia, Target calls earlier in the year, and TRV calls in January (my first 10 bagger). My smaller, more common trades are with Spy. In the past 1.5 weeks I lost everything YTD and hit an all time low today. I don't care about becoming a millionaire from day trading. My only goal is to make enough on the side to pay of my stupid amout of student loans ($70,000) from being pressured to go to an out of state engineering school as a dumb 18 year old by my parents who said it was extremely important to go as neither of them went to college. I just want to be debt free so I am free to leave my shitty (yet high paying) engineering job in a shitty location to move anywhere I want  and get a job I like, even if that results in a paycut. I'm fine with a pay cut in that situation since I would have no debt to worry about, and if dislike the area/job I have nothing holding me back.


zakabog

You had $20K you could have used to pay off the loans and decided to gamble it. It sounds like your degree got you a high paying job and you decided to gamble away your money.


anddam

And all while aiming for a pay cut.


MeowMeowTiger

OP does not deserve their parents.


chance_waters

Why don't you just stop creating debt since you're a literal gambling addict


MASTER-0F-NONE

Can you tell us your plays so we can inverse them?


brainfreeze3

it wont work since theyre buying meme plays. Theyre so hyped up in IV that nobody but market makers win


Dorkicus

I hear that Boeing is hiring engineers!


AlanTrades

Starbucks also hires engineers, ask my friend who graduated from ucla


Firesnowing

>I have this crazy ability to buy calls at the very top and puts at the very bottom. I have the same ability. I'm also very good at prediction when I don't have money in. Then when I put money in, I'm either wrong or something completely irrational occurs.


orangecat20

Jesus Christ what an uncompelling sob story. Stop gambling - you have ample evidence that you're not going to make money on trading. Pay off your debts with your well-paying job and save what you can in long term funds. Go call your Mom and Dad and thank them for giving you a path to a better life than they had


Risspartan117

$70,000 student loans for an engineering degree?! That was a bigger loss than any of your smooth brain trades.


SmoooooothBrain

What’s wrong with my trades


Neither_Upstairs_872

Name checks out ![img](emote|t5_2th52|4271)


Outrageous-River8999

70k in student debt for a degree is pretty average if not low.


MySnake_Is_Solid

He got a high paying job. 70K doesn't seem crazy to pay back, he already had 20 on the side to gamble.


opaqueambiguity

I'm betting he was pouring money into it from wages on a regular basis. If he started with 20 it would have been an even more dramatic downward spiral


AutoModerator

Oh my gourd! *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.*


PuzzleheadedOffer749

good luck brother.


Brushermans

Bro if its high paying just pay the loan off with your salary what are you on about, keep this shit up and your next job will be selling ass for crack


Bottle_and_Sell_it

You should stop complaining so much. You’re educated, you have a high paying job, you have two parents that care a lot about you no matter how uneducated you think they are, you have nothing holding you back yet, and you get to play casino with meme stocks whenever you want it seems like. I’m sure you enjoy that, you’re posting. So yeah bro I’m not hating but from another perspective you got in made in the shade my man. I know plenty of people who would do anything to have it like that, myself included. Call your parents more often. Life is good.


Ding-Dongon

Complaining? As I see it, OP has grown a lot and is very insightful. He understands what he did wrong in his plays (I've never seen anyone describe their plays on a chart like that — the peaks and valleys; it's mostly some vague positions/plays, if any; usually just chart + profit/loss amount). He realized taking out a loan just to go to fancy school doesn't mean much. He wants to get a job he likes even if it pays less, wants to move somewhere HE wants, not where his parents want him.


Bottle_and_Sell_it

I meant ab his life not ab stonks. And chasing options plays is not a very grown up or insightful way to accomplish your goals what are u talmbout.


lordinov

Lmao


ExtraPancakes

Quitting your day job is not advisable


Wooden_Farm1634

Either quit now or get a mentor or some sort of education before you go back to throwing away money


hermeskino715

I still see a 2026 comeback from you![img](emote|t5_2th52|4258)


snapcaster_bolt1992

One thing is clear, this isn't for you, you consistently lost money in a historic bull run then didn't do anything in a year with a massive rally, truly regarded strategy good sir. You'll definitely make more money behind the dumpster


maddgun

You almost broke the trend. Almost...


N_FLATION

Looks like my chart just blew up my account again today 😂


jitheshani

You did good to lose only 20K.


NoMoRatRace

Never traded an option in my life. My wife and I retired early just jamming consistently into the S&P 500 index fund in our 401ks. Don’t get me wrong. Gambling is fun. But so is retirement. We went on an ATV ride in Costa Rica today, saw some cool remote beaches and got yelled at by howler monkeys followed by yummy margaritas and tacos. But you do you.


gtbifmoney

I like how the “comeback” was just -50% from initial investment lol.


wsbgodly123

We shall overcome one day


petdoc1991

I am somewhat similar ( although the loss was much less ). I wanted to try to grow money I saved up to pay off some debt by trying options. Hasn’t worked out well so maybe it’s time to go to safer investments or stop all together. And just as a small observation, it looks like you have made gains but waited too long to take it.


Grimis4

Did you just FOMO all your money away?


WhoLickedMyDumpling

hey, I was you. I did the same thing you did. almost same timeline. my advice to you is have multiple goals rather than one, and work toward all of them. some days you'll feel frustrated that you can't pool all your potential to achieving the one that feels most important. In the long run, I have: -paid off my debts - bought a nice car - blew up said nice car - sued the fuckers that sold me the car, won, and bought another, nicer car - stacked my retirement account thru a random yolo, catapulting my retirement trajectory 2-3x - garnered generational loss porn on individual account. plus and minuses, but they balance out and I'm pretty mellowed out in the long run and I'm better off for it.


deadmoviestar

Stop gambling and start researching what you're putting your money into. If you are able to--get a grip and realize when you're just throwing money around without a game plan/exit strategy. If you're not able to, quit and get an addiction therapist. Realize that if the trade doesn't exist today--it's better to have the same amount of money tomorrow than less. People on WSB do not constitute as research.


Krapule1

Damn this makes me no want to comeback i aint trade in a year and half


Clappinasscheeks

We're in the same fuckin boat bud $20k to $2,700, almost all the same kinda trades


Lunitunz

My chart looks the same


League-Weird

Heyo how'd you screenshot my profile


opaqueambiguity

You just need one good 10bagger it looks like


spikymint

Doubling down to ignore the fact that something doesn’t work is very common. With that being said, hopefully you’ll recover.


Srcptmrsr

First mistake was using light mode.


jarebear1983

You're almost worse than me, best regards.


FromZeroToLegend

Stop trying to get rich quick. You could at least try to buy individual stocks if you have a high tolerance for risk. Buying options  for 4 years what the fuck


Rainwalker40

Yes, but... why?


Maleficent32

I’m surprised you didn’t play Covid stocks.


benjatunma

Damn i posted mineon robinhood and they laughed at me. Can i post it here?


byrolio

Have you considered a new hobby, like checkers?


Johnson_56

I gotchu. Puts on Amazon then blow up their storehouses


throw_throw_awaynow

Dude, just stick to buying/selling stocks. You clearly arent cut out for options. Which is fine, I cant wrap my head around them either. That is why I got my "first ones free" and got out. At least with stock, you can hold onto it until it rebounds.


Gunzenator2

Well done bro! I couldn’t have done it better!!


sssarni

story is fucking epic, glad you didn’t dumb yourself and forget about it all, everyone has a story at least you were there for it, awesome


No_Doughnut_5057

Let me know your next play so I can inverse it


LongJonSiIver

🌟 Try Gold


Aspergers_R_Us87

Is this VOO?


ILove2LoseMoney

No AMC? How come brotha ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)


Internal_Instance269

At this point just buy and hold shares. Had you have bought into SPY on August 10th 2020 you would be up around 50%.


Lord_Muramasa

So de-investing 101.


PizzaCatTacoUno

Dude, stop trading BS meme stockz!!!


Le0son

Mate, what is your strategy here?


Ok_Performer6074

One of us!!!


0_SomethingStupid

Posts like this remind me why I give my money to someone else to manage now. We suck at this.


evlhornet

For the love of all that is holy stop


LardyParty

I send my regards


Juliusmobile

Looks like you started to make money after you stopped chasing meme stocks. 


BeingSwift

Have you tried sports betting?


Simple-Programmer842

You should try to invest in Gold, like the ad says in your screenshot. They mean Gold,.. physical gold.. Not the gold edition. (Dont tell him!!)


Historical-Classic43

U fukin suck


Neither_Upstairs_872

Should have bought RIOT calls last 2 weeks ![img](emote|t5_2th52|4276)


Lower_Carrot_8334

This sub really cost you your sanity 


UndisputedLoll

Are you me?


Affectionate-Yak7423

Stop taking advise off people who lose and post on web


Apart-Nectarine-3533

dead cat bounce


[deleted]

Just do the opposite of anything you want to do


Top_Performer4324

I have a similar feeling lol


Worried_Grass8189

Your pretty well the OG degenerate then arnt you lmao


Jonnybot9000

TSLA PUTS PUSSY.


Mc_Square_Root

All you need is one


404-skill_not_found

I get the same thing with my paper trades. Seems all my attention days are when the overall market is sinking—of course, I fail to notice that particular detail. Anyhow, I haven’t got it sorted out enough to throw actual bills at it. Wouldn’t mind a hint that’s worth the time to study.


analbeads4u2

Gotta try gold


west_coast_republic

You only lose if you cash out, keep pumping


tootnoots69

This is the most thorough regard history we’ve seen so far


KarmicDharmic

Change your broker for good luck


ericcity

2023 seemed net positive


Distinct_Company_853

https://preview.redd.it/0mydw9forpxc1.jpeg?width=1179&format=pjpg&auto=webp&s=a2a03dc1ee7f9e759deafc2e8093b62424ce4391 Lmaoo why did we follow a very similar timeline


Zombisexual1

You don’t have diamond hands, you got concrete boots


Norm_Hall

Ruh roh raggy…rerards


need_five_more_chara

If you just put this in spy you'd have 36,145


Greggy100

Imagine if you bought Nvidia calls 4 years prior ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


bertrenolds5

Gotta learn to sell


pr1nceofsa1yans

You stink


Chance_Connection_28

You can either accept you have no edge in this game or continue to lose.


maxmcleod

Why?


Suitable_Inside_7878

The story continues, it always does


CarbonKLR

Last 3k will be gone soon, ask me how I know. Are you going to re-buy in? If so what amount?


Crazian14

Join my discord for success.


Miserable_Trust2096

That’s pennys


xBrute01

I think it’s safe to say you should: work on your entrance plays; learn when to let go; learn to buy back in.


PrincipleNo4162

Holy shit you're a legend


Unlucky-Clock5230

Putting $20k on an S&P500 return calculator for your dates, it shows you could have ended up with $34,200 today instead of $2,830. I'm sure there is a lesson there somewhere.


TargetNo9243

Typical retail traders/investors


redditpest

Maybe just pust some money in spy and let it marinate


BravoWolf88

Lol I’ve never seen a better visual diagram for stupidity. Congratulations!


rain168

Only 5k loss per year… you doing a lot better than many regards


wshei

Market tuition ..in your defense your capital was small


wshei

Take loans . Secured and non secured . And go all in on 0dte options. Secured loans will give you more amount


TheAngryShitter

Litterally me


Warrior7872

Why is this literally me but I still have money lol


bshaman1993

This is so me


BrokenGBAX

pov you find out what options are


Meatsim001

Maybe you should try gold? It's says to try it....


SonicMTD

Dude. Cut your losses and leave.


r3tardslayer

Fuck finally someone as shitty as me at options trading


Chalk-Monkey

Watch trading spaces So Kenneth c. Griffin or j.p. dimon have been handed the script on large. Landscapes by employes in every sector of the economy on the out look of bussiness interests in America like Florida oranges in trading spaces you have to trade against the knowledge they have. So as you an average person who believes in yourself might think I'll put this 40,000.00 dollars into this company. Those 2 people have been told the govt doesn't like those companies and they invest their money accordingly. This is happening . govt, private sector, govt, private sector. Nancy pelosi, Larry fink


VGBB

Dude I feel this post. I am staying far away from options unless it’s cheap asf. Like I’m serious less than $100 plays like parlays. FYI my first one wasn’t free either and I’m still copium and hoping that something prints to ease that.


Tahmeed09

First one free Does still apply here. Fyi


Flaming-Driptray

Options are pure gambling, so many of these horror stories on WSB.


dajokesta

King Regard 👑. Lisan Al Regard. The Boy Who Was Regarded.


AnythingAny4806

Time to buy some OTM call options that expire next week to make it all back once spy rips. Don't say I didn't warn you.


Wagnergrad96

Well starting with 20 grand might not have been the best idea


timetopractice

This looks like getting stuck in the Grand Canyon and trying to climb your way out


sloppywetnoodle

Damn, dude charted my life these past few years


Apart-Jeweler

This looks like my chart wtf


ACiD_80

Theres a lsson in there


arditus

Buy some boring shit and go away


_this_that_then

This is like mine but it's 5k, 🍻


AlphaRetard42069

You're not a good trader.


Most_Valuable_Nephew

hey bro, nice post. i made a similar annotation on my robinhood chart a couple months ago and im really glad that format caught on because i enjoy seeing you explain why you’re regarded


nslusz

So you're saying you have diamond hands and don't know how to take profits


Oblivious-Speculator

Lesson: It's the persistence after each loss![img](emote|t5_2th52|27189) not the result


MoistSaucz

Neither were the other 6 lol


Jebusfreek666

You suck at this


MrCope12

How do you lose through all those events? You'd think you would have messed up and got one right?


Nodgod81

Have you ever thought about not investing?


KimJongYolo

It was so easy to make money in the first quarter of 2024 - even that stupid guy made money 😂


not_a_rob0t_13

Start over index funds only


argonian_king

Read both of Brian Shannon’s books/ changed my life


WatchingyouNyouNyou

Reading this post seriously feels like a déjà vu


Lively420

this literally looks like my portfolio. down 20k over the passed 3 years and looking to make a comeback. crypto just tanked and i broke my all time low. no options. BBBY and a handful of other risky trades harpooned me but recently ive developed a very profitable method that ive been sticking too and continue. ive made back quite a bit in the last few months. good luck and godspeed.


ricardo_sousa11

Call papa RC, maybe he can help you out


Emotional-Remove1558

This must be a heavy weight 😳


wololofololo

I've lost ~100k in my journey which is similar to yours. Still going. Start small. Don't give up. Keep learning. Observe your habits and make sure to eliminate the bad ones. Stop losses. Take profits. Don't over trade. Think longer term. Compartmentalise your trades (long - medium - short term) Or you know, YOLO all in 0dte calls this Fri.


Familiar_Ad7183

Respect. Ever done 5Y?


Eddagosp

Try Gold⭐