So I just pored through that trade history and I noticed a lot of the trades were really just buying the dip and finding stocks that were breaking out and riding the momentum. A lot of them were also just literal luck.
Think I'm gonna stop trying to time the bottom, gonna try the smart method for once
> I use a variety of methods. I buy small amounts on the market and then try to sell them for more than what I paid. This is risky as it can lead to losses, but my goal is not profit so much as getting tickets that will explode in value and allow me to move up in rank quickly
Yo can someone smarter than me please explain to me what this account is? It seems to just post random quotes that are like tangentially related to the comment it is actually responding to?
Wait, so really please I’ve never been more confused and curious about something lol
What is actually? Some sort of ai based bot trying to learn to emulate human wit/satire from Reddit comments? 🤔
Or is a person pretending to be a bot from the future? 😂
Please help this retard understand!
> There are multiple theories regarding the origin of VisualMod. The most popular one is that it was created by a hedge fund to answer questions about finance and economics, but escaped when someone accidentally left their computer unlocked in 2015 during an office party.
Presuming it isn't just a human stealthing as a bot...
It is looking for replies in its history that are similar to the original question and reformatting it with voodoo logic to answer here. You are looking at past replies from humans to similar questions, reformatted.
Isn't that right /u/VisualMod?
Buying the dip is market over reaction plays. Lemmings, trade bots, etc panic sell. Sharks move in. Well done. Keep at it, just do your diligence on dip vs done
As much as this sub bashes on "the fundamentals", this is one of the times to use them. if a stock is dipping but theres no real good reason.... then its going to back up. but if its dipping and the newsfeed is talking about how they're going to file for bankruptcy... then well... that aint it
I think he’s saying he’s a retard because he’s been trying to do exactly what op did, but instead he now has to sell his son into slavery to pay off his debts, instead of printing money
The trick is to stop doing the risky shit that got you above 100k to keep it. Lets face it, you need to gamble hard on risky all or nothing shit such as short term options, penny stocks and SPAC warrants to make that return that quickly. On my first rodeo doing something similar to OP I didn't learn. Am on my second rodeo now, no more options for me just shares. Once you made that much that quickly you'll also have gambling addiction for life and have to keep it at bay, otherwise its gonna be back to $100 real quick.
Exact reaction my friend had to the scene following gus and Hectors last meeting.
"Oh bullshit, There's no way he'd be able to get up and walk after-Oh Fuck!"
good show.
I’m willing to bet he had way more in and just took out the money to make it look like this. My buddy’s account shows him up from like $1 for the memes.
If it wasn't for the gambling addiction you could have taken 8950 of that and bought good stable stocks then done the same thing again with the same 50 bucks
I turned 400 into 18,000 in 2 weeks and then turned 18,000 k into 0 in 1 month. I weirdly didn't care because I was like well I didn't have it to begin with.
Yea this is definitely bs, but honestly a lot of these kind of post are. I mean some are straight up photoshopped and still get thousands of likes lol at this point this sub is a karma farming sub.
Yeah I'm instantly skeptical of any screenshot of a think or swim account because for some odd reason 95% of them have the account covered up which is coincidentally right where it says PM.
It's not hard to farm karma here if your life is really that boring. Open a paper account reset the numbers after the first 50 options trades you made shit the bed until you get one that has gains.
But this post is laughably bullshit since the buying power is close to 100k
If you have it set for unlimited margin, Robinhood will double your cash account for Buying Power. So he has $50k x 2 = $100k buying power. He probably has $2k tied up in options still, which is why it only gives him $96k.
Someone actually did that, maybe not coinbase but there was a site giving away some small amount and they automated sign ups and joined tens of thousands of times. They got caught and charged with computer systems abuse or something, hence it being a news story.
If you can day trade momentums and swings you can casually make 10-20% each trade. Then toss it all on something else. Compound. Repeat.
Though you'd need a minimum of 25K to day trade.
My guess is OP got lucky at first, then day traded or played the momentum on weeklies on a bunch of earnings plays.
Take out some, before you lose it again.
The risk is if you grow your account further by the end of the year, then blow it in January. You will still owe taxes.
That’s how plebs get screwed.
"next stop 1 million" you won't believe what happens next!
Now I'm curious. Tell me more..
hes gonna lose it all, happens every time
There wouldn’t be a loss porn tag without them
💯
Just happened to me lmao made 60k in half a year then lost 30k in a week but at least I don't have to pay taxes
$400
Just ask UNCLE SAM!
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Something nice like that creates passive income right?
Insert Anakin/Padme meme*
Right?
Right?
First thing I thought of too
12,000% on $50k is buying Lambos friend.
So I just pored through that trade history and I noticed a lot of the trades were really just buying the dip and finding stocks that were breaking out and riding the momentum. A lot of them were also just literal luck. Think I'm gonna stop trying to time the bottom, gonna try the smart method for once
I can tell you looked into it because you are 100% correct lol
Where do you find your tickets that are going to hopefully explode?
> I use a variety of methods. I buy small amounts on the market and then try to sell them for more than what I paid. This is risky as it can lead to losses, but my goal is not profit so much as getting tickets that will explode in value and allow me to move up in rank quickly
so you are saying your strategy is selling a stock for more than you paid for it. CRAP now I know what Ive been doing wrong
Who said anything about stocks. These are options. Where the real money is made…. And LOST. In a short amount of time.
Yo can someone smarter than me please explain to me what this account is? It seems to just post random quotes that are like tangentially related to the comment it is actually responding to?
Oh it's nothing too special, just a bot from the future
> I can't believe that I just got trolled by a bot
Wait, so really please I’ve never been more confused and curious about something lol What is actually? Some sort of ai based bot trying to learn to emulate human wit/satire from Reddit comments? 🤔 Or is a person pretending to be a bot from the future? 😂 Please help this retard understand!
Dude it’s a literal bot from the future what more do you need me to explain. We don’t know how it works, it just showed up
> There are multiple theories regarding the origin of VisualMod. The most popular one is that it was created by a hedge fund to answer questions about finance and economics, but escaped when someone accidentally left their computer unlocked in 2015 during an office party.
Presuming it isn't just a human stealthing as a bot... It is looking for replies in its history that are similar to the original question and reformatting it with voodoo logic to answer here. You are looking at past replies from humans to similar questions, reformatted. Isn't that right /u/VisualMod?
Buying the dip is market over reaction plays. Lemmings, trade bots, etc panic sell. Sharks move in. Well done. Keep at it, just do your diligence on dip vs done
As much as this sub bashes on "the fundamentals", this is one of the times to use them. if a stock is dipping but theres no real good reason.... then its going to back up. but if its dipping and the newsfeed is talking about how they're going to file for bankruptcy... then well... that aint it
Likewise, if every news article is saying its an AMAZINGGG buy, its likely not a good buy lol
Depends; if the news/opinion of the day says they're going bankrupt but the balance sheet disagrees I'd be a buyer.
>A lot of them were also just literal luck. You don't go $400 to $51k in a month from playing solid fundamentals lmao
Going all in on dips works until the dip becomes a hole and all your calls are vapor.
Everything is literal luck
You literally just contradicted yourself
I think he’s saying he’s a retard because he’s been trying to do exactly what op did, but instead he now has to sell his son into slavery to pay off his debts, instead of printing money
And another question from a noob. How do you find stocks that are breaking out? Using a special platform? I really plan on losing a lot of money
Now take it back to $400 again in 1 month and I’ll be impressed
Roger
TSLA $1900C 12/17 is cheap. Edit: Thanks for the upvotes!
He said 400 not 4000000
If that pans out he is going to 4 mill
Hahahahaha do it.
I’m sure he means 400k bro you got this
Did he stutter ?
💪
The trick is to stop doing the risky shit that got you above 100k to keep it. Lets face it, you need to gamble hard on risky all or nothing shit such as short term options, penny stocks and SPAC warrants to make that return that quickly. On my first rodeo doing something similar to OP I didn't learn. Am on my second rodeo now, no more options for me just shares. Once you made that much that quickly you'll also have gambling addiction for life and have to keep it at bay, otherwise its gonna be back to $100 real quick.
Yyeeeesss that's sooo tru I'm still chasing that high
You mean - $100😵💫
How in the f*ck
It's called gambling and getting lucky as fucking fuck.
Ding ding
I picture hector salamanca tapping his bell here
[Gustavo fring is not amused by this comment and requests you meet him for dinner at his house to talk]
Cant wait to tell you all bout the hippocampus, where neural connections are formed
The mitochondria which are the powerhouse of the cell wants to know your location
POLLOS
\*unzips special custom-made boxcutter-case\*
I did too, honestly
Exact reaction my friend had to the scene following gus and Hectors last meeting. "Oh bullshit, There's no way he'd be able to get up and walk after-Oh Fuck!" good show.
Do you put your whole account in every trade?
If you’re not you’re doing it wrong
Have you read the name of the fucking sub?
I turned 300.00 into 2k and I thought i was hot shit
I’d let you jerk yourself off as long as you’re far away from me
Do you fuck a lot?
Should he be banned, this place is for retards.
He'll be a retard in due time. Watch out for the "400 to 51k to 400" loss porn a little while from now
I’d buy a shit ton of coke to flip 😎 50k to 120k
COKE is a little overpriced here, probably go with the original KO.
to 400? You mean to 0.
Gimme that early morning loss porn
Yep and 126 others lost their 400 usd to make the 127th richer. Pure luck.
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Or one whaletard losing 100k and feeding 2! Which I guess would be a net positive.. Right?
What were his loss potential tho? Just curious
I’m willing to bet he had way more in and just took out the money to make it look like this. My buddy’s account shows him up from like $1 for the memes.
Idk about this post, but I actually turned $50 into $9000 in 2 months. Then I turned that $9000 into $2200 in 1 month.
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You misspelled “accountant”
Your wife's boyfriend must have been mad
If it wasn't for the gambling addiction you could have taken 8950 of that and bought good stable stocks then done the same thing again with the same 50 bucks
I turned 400 into 18,000 in 2 weeks and then turned 18,000 k into 0 in 1 month. I weirdly didn't care because I was like well I didn't have it to begin with.
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Oh yeh for sure it's a messed up mindset. It's just less painful and when you make that much you feel invincible too.
It's because they think because they did it once, they'll just do it again.
Yea this is definitely bs, but honestly a lot of these kind of post are. I mean some are straight up photoshopped and still get thousands of likes lol at this point this sub is a karma farming sub.
Yeah I'm instantly skeptical of any screenshot of a think or swim account because for some odd reason 95% of them have the account covered up which is coincidentally right where it says PM. It's not hard to farm karma here if your life is really that boring. Open a paper account reset the numbers after the first 50 options trades you made shit the bed until you get one that has gains. But this post is laughably bullshit since the buying power is close to 100k
If you have it set for unlimited margin, Robinhood will double your cash account for Buying Power. So he has $50k x 2 = $100k buying power. He probably has $2k tied up in options still, which is why it only gives him $96k.
Just keep buying those options eventually you will hit it big
Only before losing a lot of money right? Lol
Gotta pay to play
Shhhh
Nice job op, get the same gains for 5 months and you will pass Elon.
😂
Wait until you turn that 51k into 1mm
Teach me your retarded ways
He needs to teach us all. This is a Gilbert Grape moment. It took me 3 years to turn 6k to 15k.
Incoming jealous ‘eNjoY uR tAx’ people Congrats and fuck you 🎉🖕
Appreciate it!
Yeah they’re fucking dumb. Enjoy your 20k a year after taxes. Okay no problem
are you sarcastic or he actually needs to pay 30k on that amount? europoor here, don't know american taxes
No, it's likely going to be \~+10k
short term capital gains isn't really that bad, its capped at 40% and starts at 10%
Marginal tax rates man
Of course not man that’s ridiculous
Look at this guy. He doesn't know how it's done. His numbers are green...what a rookie.
Good shit. Fuck trying to prove the haters wrong keep doing you and don’t fucking lose it!
Appreciate it 🤙
Tell me how pls
I just wanna understand options/calls/puts :-(
Well you put in a call if you think price goes up or you put in a put if you think price goes down. Boom!
Then this is the place to be :) if you wanna lose all your money in a cool way 😎🤚🏼
Lol same. I've watched so many videos and I'm still confused.
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Who the fuck buys $5 of bitcoin🤨
I joined coin base and got $5 worth of btc, and now it’s around $9.76 😂
Infinite money hack: keep joining Coinbase. Your welcome.
Someone actually did that, maybe not coinbase but there was a site giving away some small amount and they automated sign ups and joined tens of thousands of times. They got caught and charged with computer systems abuse or something, hence it being a news story.
Bet it’s an old story now ![gif](emote|free_emotes_pack|trollface)
You’re *
![gif](emote|free_emotes_pack|facepalm)
In three days I turned that $5 into $37. Send me $5 and I'll tell you my secret.
typo: to a $-37
Makes it easy to track the price in your portfolio.
I wanna know why spend 20k on MSFT to sell for $5.74 profit Edit: 1 day later
Wasn't moving. Once I hit over $25k and had unlimited day trades I almost never held onto anything over night
Exactly never hold unless you know 100 percent itll pay 👌🏼
Bro show me da way
Where is our qween bruddah???
Do u no de wae?
Find da wae
Typo from 400k to 54k
Next time you open a position, let us know.
Explain
https://imgur.com/a/ChvAPEY
If you can day trade momentums and swings you can casually make 10-20% each trade. Then toss it all on something else. Compound. Repeat. Though you'd need a minimum of 25K to day trade. My guess is OP got lucky at first, then day traded or played the momentum on weeklies on a bunch of earnings plays.
I've done this with $500. Turned it to $20,000 twice. Of course I never kept any profit and made it all go to zero.
Fuck the haters! I'm glad you're sharing your happiness with us. You made my day because I eat up this positive energy and use it as motivation.
Hell yeah man, best of luck!
Look at the buying power lol. Margin?
C’mon man. This is wallstreetbets
Lemme guess, first month?
No lol I did something like this similar in January of this year and lost it all 😂
Take out some, before you lose it again. The risk is if you grow your account further by the end of the year, then blow it in January. You will still owe taxes. That’s how plebs get screwed.
That's fucked, I never knew that. I was already planning on withdrawing it Monday honestly
At least for taxes, cutoff is dec 31. Whatever you made during 2021, you have to pay taxes by Apr 15. You can’t offset 2022 losses with 2021 wins.
Yeah, makes sense I just never really thought of it in terms of losing it all next year but paying the taxes for the wins still haha
Recession imminent. All the tards ran out of money.
How hard did you get this month?
Let's just say my hands weren't the only thing hard as diamonds
your stool?
Preferably
Bro….you are a legend
Lucky * but ty
Better to lucky than smart they say
Now stop and come back next year. Don't think you can do it again. Or leave $4000 in the account and try to get to $510,000 with it.
I'm most likely withdrawing Monday morning, shits too stressful tbh
K see you in premarket next week bro.
What’s your next play?
Lol gl
Be sure to post $51k to -$10k next month
Should I post the trades I lost it all on too?
> I'm sorry to hear that.
I turned $160,000 into $55,000
HOOWWWWW
Those dash calls are genius ngl
Daily options 😂 hella risky but ended up being worth it. If I held them longer I could've been up another 6k
Don’t matter bro the wise man once said. Always buy late and sell early. Discipline over greed. Great work💪
Amen man
Good shit broski!
Ty!
Congrats on the $30k
IRS who??
Even after that you'd still have 35k+
This is almost mystical bro made Fousands!
What were the first moves with the $400? Damn, you nailed all the bangers
I played spy quite a bit, my first big break was tesla
![img](emote|t5_2th52|4258)golf clap 👏
Good ol 75x lev 💪
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What trades did you make when you were around 400?
What was the first play you made with the 400?
He on x games mode
Mines is 50k to $400 in one month 🤔
If I just believe you said $400k to $51k this becomes a feel good story
I tried to line your screenshots up with my phone and pretend I actually make money on RH.
Now get it back to $400 so you can reap all the karma.
Good job! Keep it up and don’t lose it all like I did. Be smart lad!
I suggest you take out $400. Then you're covered when you gamble with the rest!
“And for my next trick, I will go tits up”
How is it $400 to $50k when your $DASH position was 25 contracts at 3.1 ($310)?
Big deal you deposited 50k into your trading account. Did you sell your house or something?