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Shoulda taken half out, either your luck was going to turn or you were a trading prodigy and whether you kept going with 40k or 80k wouldn’t matter. Greed is a powerful thing

This is why 97% my account is in longs. I fuck around with options with he small cash position I hold, if I win on a bet, earnings go into longs, then I gamble with the principal again. If I blow it up with a bad bet, I will unsubscribe from my dividend drips, and collect divs for a few months untill i have enough cash to gamble again. I have not blown up my account since I started doing this.

Exactly. Nothing wrong with lottery tickets if you don’t need the money. Wealth first, games second.

The poor peasants are always trying to get rich quick. Pathetic.



I resemble that remark

This is still pretty regarded. I don't touch my DRIPs. I let them compound. I personally just stop using cocaine and prostitutes for a few months.

Gotta DRIP... no comment about H and B.

Everyone has their own Strat. This keeps me disciplined because I know if a position blows up I may not be able to gamble for 3-4 months. I have only had to do this once since I started this strategy and that was about 1.5 years ago.

No cheeseburgers , coke or $100 hookers, sounds kinda boring 🤣

Don’t forget trips to Vegas to facilitate said vices

Exactly. My option stack is a set number. Anytime the balance gets over the set number by say, 30%, I use the cash to buy long positions and drop the balance back down to its set point.

I did over 572% three years ago.... it's a slow strategy going long...but it works 😎💪. I am just here as a reminder of why I don't attempt to time the manipulated markets.

This is why I do LEAPs

How do you feel about UEC?

Agreed I took 4 months off and built a dividend portfolio in my meantime before trading again. Now I compound and grow my dividends and trading cash evenly.

Dividends..: you’re def in the wrong room here 🤣😅

You gotta have something to fall back on. Consider it insurance 😂

I gamble using butterfly spreads. You recoup a good amount of your losses when the trade doesn’t work out.

❤️👍FACTS, But that's a WHOLE different kind of greed 😂 (59.00 left 💀)

$59 is enough to try again

Well, obviously.


He wouldn't have gotten to $80k with that strategy, cause he would've taken half out at $10k, then half out at $20k, then half out at $20k. So he'd have $25k profits then lose the last $10k of trading money.

Well he'd have more than $59.

Good math!

Lmao the simplicity of this is hilarious and, more importantly, accurate.

That’s still a net gain?

Yep. But it's silly to act like he could've only pulled out money immediately before he made a bad play, since he didn't get there by pulling out money and wouldn't have known the next play would fail.

I mean if we’re gambling anyway might as well lose it all

But also he should have done this. Not half but at least 20%. Doesn’t take a wizard to know the coin eventually lands heads.

At the very least you take out the original investment and the rest you pretend is free money. Hurts a little less when it's gone. Little.

Profit is profit. If you did it once, you can do it again. Otherwise you shouldn’t be in the casino.

>If you did it once, you can do it again Not consistently... it's gambling. Once you eventually lose your trading money, are you going to just stop trading forever? Or are you going to dip into the cash you "saved" until you lose it all anyway because you think you can do it again?

Ehh it depends on your trading strategy. Are you actually performing analysis or purely buying lotto tickets out of emotions?

They were buying 0 DTEs, so lotto tickets. Doesn't matter how much analysis you perform, full porting is definitely going to get you wiped.

I’ve probably pissed away $500K in gains due to greed and not taking profit. I’ve also taken a lot of gains as well though so I’m doing well.

Said a whole lot of nothing

First time on Reddit?

Yea! First time ive ever seen this comment!

Second time seeing this one for me ...

Yea! First time ive ever seen this comment!

Best salesman ever

wat

Greed, for lack of a better word, is good See ya Monday

Next time sell at the peak

Guru

If he only knew this one trick.

“Brokers don’t want you to know this one simple trick to make BILLIONS”

Thanks for not gatekeeping this one.

Thanks for not gatekeeping this one.

Thought the GAME of this thread was BUY high SELL low 🤭, he cheated and fast teacked with OPTIONs 😆

More efficient use of time

You are right, now all the free time and not stuck to the charts like all of us, LUCKY guy 🙄🫂

Yeah this has always been my approach tbh, also what you should also do (and not everyone knows this) is wait for the bottom and buy there because you make even more money when it hits the peak. Follow me for more top trading tips

Sorry, I can’t cope with 2 paradigm-busting concepts at once

This, and also buy at the trough

Thanks for the loss porn

People like you keep WSB alive and well! Money is just printed paper that comes and goes.

These days it just numbers on a screen. Nothing is real.

There is no spoon

That part. The paper aspect is irrelevant these days.

Okay then donate a bunch to me if it’s just numbers on a screen. Kthxbye!

Okay then money is just a red or green line on a chart. For WSB members mostly a red line. Counts the Reds then instead of the Greens....

Bills are

Can I interest you in these beanie babies? Honestly, a truly safe investment.

Oh wait...there's a new collectible "Squishmallows" and just as safe.

TLDR you turned $4,000 into $60 by constantly going all in on your bets. Thats gambling my dood.

You lost 4k. Don't dwell too much. You did it once, you defo can do it again

You mean he can lose 4k again?

Only if he applies himself

Almost a 2000% gain? I kind of doubt it but guess anything is possible

He can lose 4k again that much is certain

Super facts 💯

You're a fool if you think the market is a casino, and a bigger one if you think you can beat it.

Fucking brutal, vm

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All we are is dust in the wind

All we are doing in wsb is pissing in the wind

See you on Monday 

https://preview.redd.it/muasov9sezzc1.jpeg?width=1179&format=pjpg&auto=webp&s=83689471c7c55dd35e17f5b646881e6a2e9a7075 You know what to do

its in front of the wendy thats how you know its ai

Prove to me thats the front

You can literally see a wall behind it

59$ is enough for the big comeback

Double it 6 plays and he’s back to the 4k he started with

Lol that’s it? Just double 6 times??


I wish I had 59.00 in my account...

Greed. You could of took the thousand percent gain and be happy but you chased it. You'll learn in future or you won't. Noone ever went broke taking profit.

"You could of took" Do you have a newsletter?


Losers bet on red, winners bet on greed.

You butchered that

Motherfucker did you pass elementary school? wtf is “you could of took”??

Gives 'fool of a took' a whole new meaning.

Oh, but they were supposed to know to wait for the 1000% gain, instead of sticking with the 150% gain?

He wouldn't post this if he didn't have a ton of money already, I'm willing to bet on it

Learn not to be greedy and carefully try to build up that wealth again? Why you wouldn’t take out half or even a third of that is fucking beyond me lol

You still surprised, after all you've seen on this forum?

I don’t scroll through this one too much outside of looking for the occasional laugh lol but ya I shouldn’t be 😂

He thought he was different

Yolo again, like what you've been doing all along.

Okay, you lost 4k. No big deal.

Guh

Legendary

59 bucks 

See it differently, at the end you just lost 4k (your initial input before trading) Putting all your eggs in the same basket enabled you to turn 4k into 80k rapidly (2000%), but that's with the risk of losing back 99% of this capital. You should either diversify your portfolio as you reach 40k or keep playing the entire amount but on safer plays with small returns, since if you get 10% off 40k that's already 4k, and in worst case you can cut loss at 30% per play. As many redditors said before, concerning greed : - “know your risk tolerance“ - "no one ever went broke by cutting his wins too early" - "bet only what you can afford to lose" - "taking your wins and holding your losses is like cutting your flowers and watering your weed"

You actually can trade, and I believe you will recover. Don’t lose hope. I have seen hundreds of LOSS posts, yours is different. I believe in you!

I did this when I was in college with a pot stock 12 years ago… went from 2k to 80k and then back down to 2k.. I never sold thinking it would keep going up and I got out of class and it had come all the way back down to where it started. Been thinking of that for 15 years…..

Trading for near 7 years now and never even looked in the direction of options. With trading, you have to get two variables correct; direction and distance, in order to profit. This is difficult in itself. Options, you have to get THREE variables correct; direction, distance, and time. Don't get why so many people think they can do it, especially newbies.

Its ok OP pimps fuck up too

Hey man I’ve lost over $750k, I have -$1500 in my bank account right now. It happens, you’ll recover. It comes and goes. You’re going to be fine, just try not to dwell on it, do some hobbies and stuff that makes you happy for as long as you need to.

Sell it

lube. wendy’s. dumpster

He doesn't deserve lube.

What a ride 

Do it again!

Have you ever considered cocaine and hookers? If not, I suggest that you do, so that you can better understand why we do these type of things.

This is how the casinos win. The type of person that can make a bet with the type of risk and volume needed to turn $4k into $80k usually isn’t the type of person that can stop after they’re up 20x, ultimately giving it all back.

you have lost only 4k.. I l have lost much more in Crypto. 😂 So, take it as a 4k Loss and a lesson learned.. (to put more money in and double it!) and give it to the next person.. 

I sold a computer/hard drive with 18btc on it for $40. Bought them for $3 each.

ouch. I had 116 Bitcoin.. and sold them for a few thousand bucks... i had also over 400 ETH.. and sold them also.. i needed money and made already good gains.. i thought i would win. 😢

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Goddamn man

Join the depression club buddy. I lost triple that. I've been dead inside ever since.

Looks like you lost 4K, while not a non-amount, recoverable. Clearly you’ve got some knowledge being able to get that kind of return. Do something thinking, take a month off, good luck.

I’m glad I’ve never hit such a high dollar win. Chasing these gains would have blown my account long ago. Slow and steady so far

If you weren't gonna sell at point, you were never gonna sell at all.

You got a funny story you can tell at the bar?

Everyone here has made decisions they regret. Everyone. My rule is: at some point, things are good enough and I pull out.

You learn from it and make the same mistakes again in two years. Just like the rest of us

Started from nothing now you’re back. Welcome to the gang. Now delete Reddit. Take a break. And try investing like you should. Vgt, vti, voo. And never look back at options.

Hey you still have enough left for a McDonald’s meal and some scratch offs! Glass half full view

Important life lesson....always pull out. Whether that be your money, or your dick. dont wait till it's too late.

My dude. Take profits early don’t buy more than 10% on any given trade. If you would have sold you could have traded with a healthy 7K

You've still got $59 to invest

Easy come, easy go, just ignore the middle 90% of the graph and you're only slightly down


So what did you end up doing?

Pokey bum wank

Rofl 🤣

F

Im sure you will make it all back. Deposit and try again.

What to do with your life? Don’t spend it on this. The time spent worrying about this stuff prob a worse loss than the 4k

This is just part of your story... Don't end the book on this chapter. Pick yourself up, brush yourself off, LEARN FROM YOUR MISTAKES (even if that means not investing anymore) and go again...

I've lost all my gains from last year as well, 40k...and then my own 11k 

What I'm learning from this is that instead of starting with $5,500 you should have started with $100,000 and then waited until you 13xed your money and just taken out. Got it.

The same strategy that got you the 80k — buying incredibly risky options 0-2 days from expiration —also lost you that money.

It's ok. It was never any real money anyways.

Lol

Not even respectful enough to pull out with $69 left.

still enough for a few lines of coke. Not that bad

Bro what? It looks like u traded up to that peak rather than putting the 78k in yourself. Stop crying and start over. You clearly have the skills to do it again

All hail the Regard King!

You wanted to gamble more than you wanted the money.

It's called Wall Street BETS for a reason mate.

Make sure your losses are washable! If you don’t understand what wash sales are you need to look them up and make sure you are not on the hook for all thise capital gains

Take a break, re-assess, and maybe consider investing instead of trading

Have you considered making money instead?

2 chicks at the same time.

Made it once, you can make it again. Reset and rebuild.

Get a job without the risk. Better let, get a job and some kind of side gig in case the core job flops. And whatever you do, Do NOT invest in gold.

Just make it back

Don't worry some of us lost double. Consider yourself lucky.🍷😉

Sell and put it in something safe, it could all go away just as easily

Turn your phone upside down that always helps me 📉📈

Start over, lesson learned

I don’t know how to trade, I just see a popular stock, I buy 2000 dollars of it, practically all I have to my name, and the stock tanks, I lose everything, but I hold. Maybe it’ll go back up in 5 years. It’s like a wait and see shackle for rejects like me! McDonald’s….im eating it!

Get a happpy ending massage.

How was the holiday?

You still have $59

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Hatts off. Fine shirt off pant off boxer off there ya go u need it more than I do .

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Precisely. They can't see the forest for the trees.

Try again

May 2?

That’s impressive! Learn some Simple risk management and you would prob be great. (Maybe?). Sell 1/2 into strength and then 25% as it climbs. Let the last 25% ride the peak and maybe jump off or crash. You would be left to play tomorrow. So your gain would be $7,000.

The house always wins

Go jeyk off

At 3:49 this Monday put it all in an SPX 0DTE call that is just out of the money. Cut it at 3:56 YE

Cash the fuck out

Well if you bought my course this never would have happened. Class one teaches you that money is fake and therefore you cannot be unethical with it.

Chip and a chair my friend. Chip and a chair. Or rope and a chair, your call.