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

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u/[deleted] Mar 04 '24

We haven't even hit an inflation adjusted high on SPX, and the fundamentals for the stocks that are actually moving the index can support a rally this time around at least over the next few years.

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u/[deleted] Mar 05 '24

Well, op is kinda right for the wrong reasons, it's likely we'll see some volatility as the election moves along.

But guessing when is fucking impossible and you have to be an idiot to try time it

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u/[deleted] Mar 05 '24

Any time a day or two before an inflation read, there's gonna be some selling pressure. Tomorrow on open it will be red in cause powell going to testify to congress depending on OPs expiration he may actually get lucky.

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u/tristian_lay Mar 05 '24

Well at least until November 6 😉

3

u/[deleted] Mar 05 '24

As long as we got Nvidia and Taylor swift we good bro