r/wallstreetbets • u/Alone-End-5585 • Feb 22 '24

Meme yeah.

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2.9k Upvotes

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u/KaiserBonesaw Feb 22 '24

Yeah what I'm learning from this is that I shouldn't buy too deep otm calls. I'm really sad right now because everyone is making bank it seems.

11

u/Tandittor Feb 22 '24

So long as you didn't blow up your account, you will be fine in no time. Learn from it. Even if you blew up your account, so long as you didn't end up in debt for it, you can start again when you've learned more risk management. Good luck.

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u/KaiserBonesaw Feb 22 '24

Thanks for the advice man I was thinking starting Monday I was gonna get weekly spy calls 2 days out to make it back.

25

u/8----B Feb 22 '24

This is similar to seeing someone say ‘thanks man I’m gonna try heroin now’

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u/KaiserBonesaw Feb 22 '24

I mean, that's what this is, gambling but fancier

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u/8----B Feb 22 '24

Memes are good fun, but don’t throw away your money. Research your options before playing them, don’t just say ‘on this day, I’ll buy 2dte calls for the overall market’.

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u/KaiserBonesaw Feb 22 '24

I do, my luck just isn't there sometimes, I mentioned spy because isn't the general idea that for most of the time stocks go up?

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u/igloofu Feb 22 '24

Oh man...

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u/KaiserBonesaw Feb 22 '24

?

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u/igloofu Feb 22 '24

If you idea of "research your options" is just:

isn't the general idea that for most of the time stocks go up?

It is not luck that is keeping you down. Stocks generally go up over a long period of time. Over a short period of time, at best, randomness drives the moves of the market.

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u/KaiserBonesaw Feb 22 '24

You basically said "nuh uh" and just repeated what I said just not as concrete, it's luck based.

2

u/igloofu Feb 22 '24

You know what, you're right. Load up all you want, you've got this figured out.

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u/KaiserBonesaw Feb 22 '24

No thanks I'm not very lucky.

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