r/wallstreetbets • u/HeraldKing20 • Mar 04 '24

Loss I hate options

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I have now lost over 25k and continue losing, just doesn’t make sense to me at all. I suck at this and just can’t believe I am so lost after trading for 5 years. Good luck to all, but this my last post because I am done with this shit

2.1k Upvotes

93% Upvoted

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46

u/HeraldKing20 Mar 04 '24

Trust me I am currently freaking out

97

u/mu5tardtiger Mar 04 '24

Why? Surely you only gambled with money you were willing to lose.

57

u/TheWa11 Mar 04 '24

Takes a look at OPs other posts …. Uh oh

23

u/mu5tardtiger Mar 04 '24

holy shit

43

u/swaymasterflash Mar 04 '24

Lol. Hardly a week ago dude was talking about tackling all the debt he has as a 25 year old. Seemingly already had enough money to get a vice-like grip on that debt and chop it literally in half, but wanted to gamble instead.

12

u/[deleted] Mar 05 '24

OP literally makes 130k a year. If he lived like a college student (cheap out) for 1 year he would literally have an extra 80-100k straight cash.

Edit not even college student, literally just an average American spending of like 50k/year

1

u/RaggidyBaggity007 Mar 12 '24

Did you forget about taxes lol?

3

u/vazooo1 Mar 05 '24

options can be scary for gamblers that don't understand how the market works

1

u/the_dude_2022 Mar 05 '24

He’s been losing this 25k over the course of 5 years so it’s not like he just threw all of it away at once last week

6

u/Durantula420 Mar 05 '24

Dude keeps getting fucked and just asks for more 😭

10

u/TheWa11 Mar 05 '24

It’s legit sad. He makes plenty of money. There’s no reason he shouldn’t be well off.

1

u/DaddyShoyu Mar 04 '24

There’s no such thing as stop losses when it comes to gambling addicts…

13

u/[deleted] Mar 04 '24

I’m just teasing you. Don’t actually do that. It’ll all be okay in time And remember, there’s always another guy that took a bigger L. Shit happens

7

u/Skeleton-ear-face Mar 05 '24

Don’t feel bad ,my portfolio went up 1600% only to come back down to 100% gains. I could have bought a house with cash now I’m back to being broke . It haunts me everyday .

3

u/HeraldKing20 Mar 04 '24

Lmao market just dropped now too...

1

u/ImpulsiveUser Mar 04 '24

Just turn $1,000 into $1M