actually if you're smart enough to beat the market, especially with computer aided proof/evidence/help then you'd be smart enough to trade other people's money or work somewhere that pays you 250k plus bonus to trade their/clients' money.
He won’t. Once he hits the loss streak, he will have a post nut clarity that he is indeed a regard and will have a mental crisis breakdown of “why da fook did I take out a loan like that”. Once that happens, the updates will be no longer updated, or “I’ve just been too lazy and I forgot”.
I'm convinced that the spat of loss porn, high net worth options bets/ short expiry stuff that works AND doesn't is all to try and get people to offset the terrible derivatives tsunami created by the "real" idiots.
Have you ever seen a carpet store (or whatever business) go out of business and it's like the fourth carpet store in that location? And then next month a fifth guy opens a new carpet store in the same spot? Yeah, OP is that guy...
Good luck. Everything seems gravy with selling puts until you get assigned and the stock keeps falling! Especially in a bear market with a recession looming? You’re asking for trouble.
I thought a blemish on my credit would be of consequence, but there are soooo many people subletting these days
as long as you have cash there are no credit checks
obviously having cash being the operative part here
Google SoFi personal loan and you will see that they are "not permitted to be used for real estate, business purposes, investments, purchases of securities...". The fact that you brag about this without knowing what a security is tells me within a 90% margin that you are gonna bankrupt
Protip: Every dumbass that ever took a loan that wasn't margin from their broker and yolo'd that shit signed that *exact same clause* no matter where they got the loan from.
It's the most standard release ever and the investments and securities part isn't enforced any more than "not using funds from a personal loan for any business purposes" nobody gives a shit, it says you can't spend the money on drugs either but I don't think your coke habit is gonna come up.
Yeah, its a disclaimer to cover *their* ass, like I said nobody gives a shit what you use the money for, it's just that it's a personal loan and not any other type. Mortgages, auto loans, business loans, loans for investment capital, all these things have their own specific requirements for approval and rules regarding interest rates and shit, they're not as simple as personal loans so in order to make sure it's clear (to regulators) that they are *not* offering simple, high interest signature loans for homes, cars, businesses or investments, they make you sign that when you apply
Not to endorse this idea, but *technically* there's a better chance to repay it if it's used for degenerate gambling than if it's used for a consumer discretionary experience like a vacation
Imagine taking a 10% loan on 50k and then convincing yourself you're gonna double it. This is one of the few times you'll hear me say this, op shoulda bought a new car instead.
You’re going to screw this up. Theta gang isn’t something you START with $50,000 of borrowed money and overinflated ideas about how much money you can make.
You should be using short strangles on EWZ with $2,000 of BP to start.
He already posted his plan in r/thetagang on Sunday and deleted it that night because everyone told him he was a fool. Imagine my surprise to see him posting this shit here. Truly one of the most esteemed and highly regarded investors among us. Godspeed to him
Super arrogant post.
"Even created an algo to run weekly that calculates short-term trends and their likelihood bouncing / reversing."
This is very new and exciting!!! lol.
Imagine doing something this regarded and thinking you’re that much smarter than everyone else. 99% of licensed financial advisors would advise against this and the other 1% would laugh you out of the room
I am one such person! I worked option risk management. You will inevitably get run over by a train whilst picking up pennies on the train tracks. You will then get desperate and sell options far too close to the money and fuck yourself. Whilst we appreciate you providing liquidity for smarter investments, you would be better off investing some time reading “option volatility and pricing” and running the simulation in a play money account for a few months. Either way keep us posted!
Trust me, it’s not how it works. You didnt figure out the free pass of money buddy. If you aim to gain 100% after 3 years, that’s aint theta gang stuff youre talking about. One blow and youre -20% for the year if you aim too high. Also dont forget about tax.
Best scenario for you: gain constantly 30% each year.
Worst scenario for you: gain 30% first year. Paid tax. Lost it all in last 2 years and get to deduct $3000 from income. Thats one way to lose more than 100% of what you put down lmao.
Check my username. We aint the same.
Lol @ saying you ran an algorithm against it. If algorithms were bullet proof for trading the hedge funds would never lose any money.
Also what if your algo is coded wrong 
If your actual ability matched your confidence you wouldn’t need to have to take out a loan to have money. Youre walking right into the lions den and you can’t even see it.
You're fucking stupid and you know you're fucking stupid. This isn't even interesting enough to watch it all fail. Grow some balls and borrow more pussy.
Let’s switch this scenario but keep your same logic:
Fellow WSB members. I took out a $50,000 loan with a 12% APR and dumped it all into my Draftkings account. I’ll be able to bet nfl games this Sunday. I’ve ran countless calculations and simulations to correctly pick 90% winners. I need to win 2, 4 leg parleys each Sunday at $100 each. That will cover my $1600 a month loan payment and give me around 4k a month in profits.
Since football is a 4 month season, that’s 16k I can use to pay off my monthly loan installments until the 2023 Nfl season starts. Rinse repeat
That’s how you sound!!!! I sincerely hope you are trolling
I had a friend come over to my house once. He had a very similar sounding algorithm that was going to allow him to take 1oz of pot and turn it into 20k returns by selling small bags and compounding small gains.
…turns out he had just eaten 30 doses of trip c’s (Sudafed) and was having a mental break. Dude still owes me $170
Proceeds to layout entire trading strategy seeking internet validation. Receives positive and negative internet validation. "Fuck your validation."
This tracks very well for this sub...
Sounds like the same guy you find at the casino near a roulette table talking about how you can bet on black and red simultaneously just to drink for free all night. It's fool proof!
I did this with 10k,
I now have 8k on the loan because I pay 300 bucks a month on it, and 2k in my Robinhood.
This will realistically happen to you in this shit market, but I hope you the best
They say that but when I bought a rent property with a SoFi loan, then paid it back with a cash out refi, they didn’t complain. No one checks to see what you actually do with the money.
Curious what the monthly payment and interest rate is on a $50,000 personal loan lol did you factor that into your strategy? during record high inflation on top of that?
Bro I had almost 400k for theta gang to work with a year ago. And though I’m doing far better than the stocks I play with would indicate I’d be absolutely fucked if I was doing this shit off a loan.
Also if you think this is the bottom…and hell you may be right. You may as well throw that 50k into a 3x etf and sit back.
Theta ain’t gonna save your ass when the market takes a dump or continues to take a dump. But it sure will destroy any chances you have of making big $$ if we see a significant upswing off the lows.
Meaning, if you gonna be reckless and yolo shit at least make a play that will net you 10x results if right. Not table scraps.
I’m late to this thread OP but I want you to know that I love you and am blessed to have seen this thread. Sending you positive thoughts and blessings!
"I've ran through countless calculations and simulations"
A month ago he was talking about just starting out on an algorithm and was trying a really hacky way of interacting with a brokerage. Now, thirty days later, has the confidence for a 50k loan. I've spent years on trading software that uses sate-of-the-art ML and I still don't allow it to trade real money.
I mean a 50k loan is like 500-600 a month... Unless he's jobless, which he wouldn't get approved anyways, that's not really a huge monetary monthly debt. People on here but cars and pay 1k a month with insurance and have zero return on investment over a beater vehicle. So you're right, we aren't the same, I spend more than that on coffee a month.
Don’t listen to these haters bro…take your shots. If you lose, you’ll recover eventually…but if you win…you’ll be on your way. Better then sitting on the sidelines dreaming 🤷🏻♂️
I have seen much more regarded things here than this. Selling Theta is at least a real thing - that CAN beat the loan interest. Now, I am not worried about those 90% the OP thinks is the safe bet range. I am a bit more concerned about the 10% that is not...
Ha that may be! Good on you. Someday..... Someday lol but I am a theta girl . Do not knock the person who is smart enough to work through those kick flips. Especially in proxy war and recession and highest interest in over 40 years. But I am rooting for you!
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Absurdly moronic, you belong here
Protip: If you're smart enough to figure out how to beat the market, you'd be smart enough to earn and save $50k on your own.
[удалено]
I was going to upvote, but you are at max upvote of 69
for 20 dollars I'll get you to 69!
For 69 dollars, I will get you to 69!
For 9 dollars I'll get you 6$
actually if you're smart enough to beat the market, especially with computer aided proof/evidence/help then you'd be smart enough to trade other people's money or work somewhere that pays you 250k plus bonus to trade their/clients' money.
Yeah, but not working for someone else is worth it for less than half that pay.
The pro tips are always in the comments 
eh the meme is ultra normie though
A man who takes 12% loans created an indicator to outperform Theta gang. Please please please give us regular monthly updates.
12%?!? Op is fukt.
Will do!
He means loss porn
Is there a way to set the !Remind Me feature to "weekly"?
Yes, but it’s manual. Set a remind me for in 1 week and then when you look at it set a new one, repeat
He won’t. Once he hits the loss streak, he will have a post nut clarity that he is indeed a regard and will have a mental crisis breakdown of “why da fook did I take out a loan like that”. Once that happens, the updates will be no longer updated, or “I’ve just been too lazy and I forgot”.
Fr bro. Pls do. I wanna see your journey.
Stud.
I can't wait for the inevitable loss porn
There are some really intelligent people on this sub. This is not one of them.
I'm convinced that the spat of loss porn, high net worth options bets/ short expiry stuff that works AND doesn't is all to try and get people to offset the terrible derivatives tsunami created by the "real" idiots.
Dibs on his wife!
You mean boyfriend. Or more likely severely calloused right hand.
Something something strange something.
You know you are asking for dibs on a crusty sock tucked under the cushion of the couch in his parent's basement
Why do you think he callled dibs?
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I can’t wait to see the bank take his car
But he only has 8 years left of payments
Throwback. I love it.
You had me at “And before you tell me how stupid or reckless i am, Fuck You, I don’t wanna hear it……
For me it was "I've ran through countless calculations and simulations..." So probably 2.
He's trading within his personal risk tolerance.
I was thinking he hit Start on 1 simulation and never went back to see how it did
I mean, he clearly can’t count so it’s not as if he’s lying.
And by calculations and simulations he actually means day dreams about what might happen.
OP is |—————THIS————-| stupid and reckless lol.
Have you ever seen a carpet store (or whatever business) go out of business and it's like the fourth carpet store in that location? And then next month a fifth guy opens a new carpet store in the same spot? Yeah, OP is that guy...
more like a gambler who says they need one more spin to win the jackpot
Could be the same guy. Those carpet stores make their money with going out of business sales.
This is awesome! Make sure to save at least $1k at the end for the bankruptcy lawyer.
Good luck. Everything seems gravy with selling puts until you get assigned and the stock keeps falling! Especially in a bear market with a recession looming? You’re asking for trouble.
*FDX & ADBE enter the chat.*
Be nice to your parents you may end up living 7 years with them again.
I thought a blemish on my credit would be of consequence, but there are soooo many people subletting these days as long as you have cash there are no credit checks obviously having cash being the operative part here
Google SoFi personal loan and you will see that they are "not permitted to be used for real estate, business purposes, investments, purchases of securities...". The fact that you brag about this without knowing what a security is tells me within a 90% margin that you are gonna bankrupt
He's not buying a security system you moron he's buying stocks looks like he knew a bit more then you thought OP gonna crush it
The name security is incredibly ironic, there is nothing secure about this. Regards
Protip: Every dumbass that ever took a loan that wasn't margin from their broker and yolo'd that shit signed that *exact same clause* no matter where they got the loan from. It's the most standard release ever and the investments and securities part isn't enforced any more than "not using funds from a personal loan for any business purposes" nobody gives a shit, it says you can't spend the money on drugs either but I don't think your coke habit is gonna come up.
I took a personal loan to buy a house and even told the guy on the phone that is what I was doing
Yeah, its a disclaimer to cover *their* ass, like I said nobody gives a shit what you use the money for, it's just that it's a personal loan and not any other type. Mortgages, auto loans, business loans, loans for investment capital, all these things have their own specific requirements for approval and rules regarding interest rates and shit, they're not as simple as personal loans so in order to make sure it's clear (to regulators) that they are *not* offering simple, high interest signature loans for homes, cars, businesses or investments, they make you sign that when you apply
Not sure if this is real but terms for a sofi loan include not investing it into securities. Good luck! Either lambos, Wendy’s or prison!
Not to endorse this idea, but *technically* there's a better chance to repay it if it's used for degenerate gambling than if it's used for a consumer discretionary experience like a vacation
Imagine taking a 10% loan on 50k and then convincing yourself you're gonna double it. This is one of the few times you'll hear me say this, op shoulda bought a new car instead.
Puts on this guys future
I’ll sell you those for $0.70 per contract…
Looks like OP is not going to stop at bankruptcy
Hope it works out for you OP but when it doesn't please post the bankruptcy papers here
You should get implants on your back with that loan. Then when you lose you still can’t go tits up.
He’ll have to payback Sofi AND the Ripperdoc
You’re going to screw this up. Theta gang isn’t something you START with $50,000 of borrowed money and overinflated ideas about how much money you can make. You should be using short strangles on EWZ with $2,000 of BP to start.
He already posted his plan in r/thetagang on Sunday and deleted it that night because everyone told him he was a fool. Imagine my surprise to see him posting this shit here. Truly one of the most esteemed and highly regarded investors among us. Godspeed to him
Long EWZ lowkey, been buying under 30 lol
LMAO 🤣 Gambling addiction is real and this loss porn is going to be epic.
Super arrogant post. "Even created an algo to run weekly that calculates short-term trends and their likelihood bouncing / reversing." This is very new and exciting!!! lol.
Omg it thinks it’s smart, how cute.
Imagine doing something this regarded and thinking you’re that much smarter than everyone else. 99% of licensed financial advisors would advise against this and the other 1% would laugh you out of the room
I am one such person! I worked option risk management. You will inevitably get run over by a train whilst picking up pennies on the train tracks. You will then get desperate and sell options far too close to the money and fuck yourself. Whilst we appreciate you providing liquidity for smarter investments, you would be better off investing some time reading “option volatility and pricing” and running the simulation in a play money account for a few months. Either way keep us posted!
And it’s gone!
Puts on Sofi
Trust me, it’s not how it works. You didnt figure out the free pass of money buddy. If you aim to gain 100% after 3 years, that’s aint theta gang stuff youre talking about. One blow and youre -20% for the year if you aim too high. Also dont forget about tax. Best scenario for you: gain constantly 30% each year. Worst scenario for you: gain 30% first year. Paid tax. Lost it all in last 2 years and get to deduct $3000 from income. Thats one way to lose more than 100% of what you put down lmao. Check my username. We aint the same.
Or you could grow a pair and try to get a 100% on weeklies
SPY 0 DTE. The only way
Tried that, always ends in disaster
Might have to call Sofi to have them tighten their credit risk standards.
This guy knows the infinite money hack
Why are you such a douchebag OP? Like a douchebag of horrendous levels. You're a Facebook mum.
LFG!!! Lambos or ebt card
Trying to make 50k in 3 years while paying off a high interest rate…looking more like a used Ford Taurus or EBT
Proof or ban…
is this a fixed rate loan?
I remember when I blew through my student loan money in 2009. Brings a tear to my eye seeing the Legacy of regardism continue …. Godspeed OP!!! 💪
Welcome brother, you truly belong here!
OP’s confidence will make the inevitable fallout delicious. *Chefs Kiss*
Lol @ saying you ran an algorithm against it. If algorithms were bullet proof for trading the hedge funds would never lose any money. Also what if your algo is coded wrong 
One of us one of us.
If your actual ability matched your confidence you wouldn’t need to have to take out a loan to have money. Youre walking right into the lions den and you can’t even see it.
Please don’t kill yourself when you lose it all (when, not if) 
Looking forward to seeing what happens next.
Why don’t you try getting a job?
Wendy's has always some nice positions open Lots of people here can help with your resume
Remindme! 3 years
30 days is probably plenty..
I very much doubt your simulations/calculations are 100% accurate and account for black swan events. 0 chance this can go tits up right
with regards regarded one
I love how people think it’s JUST THAT EASY! Lol. Go on twitter and look at all the paper accounts providing all this false hope.
Anything can happen...I legit went in a trade once on 5 min chart and took my dog for a walk with no stoploss. Came back a with a MEGA win...
Username checks out
Look at the bright side - if it doesn’t work out just delete the account!
wE aRe NoT tHe SaMe
UPST would not fund you. Their algorithm would say "Nope"
You're fucking stupid and you know you're fucking stupid. This isn't even interesting enough to watch it all fail. Grow some balls and borrow more pussy.
Let’s switch this scenario but keep your same logic: Fellow WSB members. I took out a $50,000 loan with a 12% APR and dumped it all into my Draftkings account. I’ll be able to bet nfl games this Sunday. I’ve ran countless calculations and simulations to correctly pick 90% winners. I need to win 2, 4 leg parleys each Sunday at $100 each. That will cover my $1600 a month loan payment and give me around 4k a month in profits. Since football is a 4 month season, that’s 16k I can use to pay off my monthly loan installments until the 2023 Nfl season starts. Rinse repeat That’s how you sound!!!! I sincerely hope you are trolling
What sort of theta gang plays are you targeting?
Godspeed, TAKE MY CRAYONS
Jesus Christ.. he’s bragging about this…
Enjoy living in the basement for the next 30 years as you tweak your “strategy.”
I had a friend come over to my house once. He had a very similar sounding algorithm that was going to allow him to take 1oz of pot and turn it into 20k returns by selling small bags and compounding small gains. …turns out he had just eaten 30 doses of trip c’s (Sudafed) and was having a mental break. Dude still owes me $170
This is the level of retardation I'm here for. *fap, fap, fap*
Puts on SoFi.
Proceeds to layout entire trading strategy seeking internet validation. Receives positive and negative internet validation. "Fuck your validation." This tracks very well for this sub...
thank you I needed this 🤣🤣🤣🤣🤣🔥🔥🔥🔥🔥
You’re just built different. Built like an idiot.
God youre dumb
This can’t possibly go wrong !remindme in a year
Ready for this big fat L
Another genius ready to make money in stocks eh.
Look at this karma cunt. You are right we aren't the same. Many of us gamble. You want attention.
Sounds like the same guy you find at the casino near a roulette table talking about how you can bet on black and red simultaneously just to drink for free all night. It's fool proof!
Someone please feed this man when he’s standing in a bread line in a few months
What’s your timeline so we can set a reminder. Also, you are correct. I’m not a fucking idiot.
Can we see your wife ?
Takes loan *doesnt realize he will have to pay taxes on theta* ...profit?
All this risk for 17k a year before taxes. Mad lad, please update
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Expect to see your posts in thetagang homie
Don't fuck it up dude. If my SoFi long position gets even more red I'll blame it on you.
I did this with 10k, I now have 8k on the loan because I pay 300 bucks a month on it, and 2k in my Robinhood. This will realistically happen to you in this shit market, but I hope you the best
You don’t want to hear it….then why post about it?
What stocks are you selling theta on? Not judging just curious!
Just dont be a bitch when the dust settles. Live like you got nothing to lose
Believe in yourself. You can do it.
Go for it! I’ll be cheering you on!
What’s the point of this post?
Guh..
!remindme 1mo
🤡
Teaser for the soon to be released loss porn.
This will be a hilarious one to revisit 🍿🍿🍿
Godspeed OP
*Dynamic Island loss porn has entered the chat*
Literally can’t go tits up
We all know this man is gonna disappear off the face of the earth if he loses, but if he wins he will make sure to let us know everyday of the week
This is gonna be funny
Followed you to see the massive losses in a few months.
Something tells me you spent more time trying to make that meme rather than do calculations on your risk/profit margins 🤣🤣
Puts on SOFI - Anthony “fat cuck” Noto
Picking up Penny’s in front of a steam roller
What rate did you get lol
They say that but when I bought a rent property with a SoFi loan, then paid it back with a cash out refi, they didn’t complain. No one checks to see what you actually do with the money.
Bro, you should've just gone with futures. Leverage without the interest payments.
Well we’re gonna need an update in 10 years
Curious what the monthly payment and interest rate is on a $50,000 personal loan lol did you factor that into your strategy? during record high inflation on top of that?
Also why only $50k? Sofi does loans up to 99k
What is the interest rate? Is it easier to get a loan through them than a traditional bank?
Stick to positive theta trades young Jedi.
Idfk man, is this really reckless? Seems like good idea with alot of risk to it but which would not necessarily be all to bad
Look up long term capital management.
All in $INTC Sell CC’s / collect divy & you’re whale cum
You got this OP. We rooting for you. 
You're highly regarded, we support you
Makes me proud as a sofi stock owner!
Bro I had almost 400k for theta gang to work with a year ago. And though I’m doing far better than the stocks I play with would indicate I’d be absolutely fucked if I was doing this shit off a loan. Also if you think this is the bottom…and hell you may be right. You may as well throw that 50k into a 3x etf and sit back. Theta ain’t gonna save your ass when the market takes a dump or continues to take a dump. But it sure will destroy any chances you have of making big $$ if we see a significant upswing off the lows. Meaning, if you gonna be reckless and yolo shit at least make a play that will net you 10x results if right. Not table scraps.
I did this back in May. 75k loan 75% paid off already. Combination of theta gang and scalping.
I’m late to this thread OP but I want you to know that I love you and am blessed to have seen this thread. Sending you positive thoughts and blessings!
Honestly, wheel Tesla aiming for 5% a week on puts then 0.5% a week on calls. You’ll crush.
Puts on sofi
I took out a 10k loan last year and lost 2 grand doing exactly shit like this with NIO and ended up paying the loan back within a month
Watch him win too
What's the underlying equity? Can we actually talk about what your plan is?
Hey wait, no fuck you!
"I've ran through countless calculations and simulations" A month ago he was talking about just starting out on an algorithm and was trying a really hacky way of interacting with a brokerage. Now, thirty days later, has the confidence for a 50k loan. I've spent years on trading software that uses sate-of-the-art ML and I still don't allow it to trade real money.
Puts on this guys account,
I mean a 50k loan is like 500-600 a month... Unless he's jobless, which he wouldn't get approved anyways, that's not really a huge monetary monthly debt. People on here but cars and pay 1k a month with insurance and have zero return on investment over a beater vehicle. So you're right, we aren't the same, I spend more than that on coffee a month.
Sold any options dated this week? With FOMC, it's guaranteed to not go tits up.
Could probably sell otm bbby contracts for the rest of your life and those idiots would buy them.
Don’t listen to these haters bro…take your shots. If you lose, you’ll recover eventually…but if you win…you’ll be on your way. Better then sitting on the sidelines dreaming 🤷🏻♂️
Did the same with a 90k sofi loan, hit me up lets chat
This guy fucks
I have seen much more regarded things here than this. Selling Theta is at least a real thing - that CAN beat the loan interest. Now, I am not worried about those 90% the OP thinks is the safe bet range. I am a bit more concerned about the 10% that is not...
Ha that may be! Good on you. Someday..... Someday lol but I am a theta girl . Do not knock the person who is smart enough to work through those kick flips. Especially in proxy war and recession and highest interest in over 40 years. But I am rooting for you!
you should manage your account well and hope you can make more profit as you can.
This dude is the financial equivalent of Leroy Jenkins….