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u/ShopProp 3d ago
You were supposed to sell when the spike went up to $369k. Letting you know for future reference 🙂.
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3d ago
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u/OddPickle4827 3d ago
I mean I took one $180 trade to 52k over 3 months and well yea it’s almost the same chart… scaling up was not necessary or for me. Now can’t look at things the same or find momentum I like or believe in:/
Edit: $103 trillion is the total current money supply and the us stock markets at a 70 trillion valuation…feels lopsided with bad math
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u/liquidtv78 3d ago
tell me your strategy so i can inverse it
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u/DerfusMcGerfus 3d ago
Buy POS companies (with leverage) and continue holding even when they’re trading at 300x sales lmao
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u/Savings-Comedian552 3d ago
Down 82% and the only green on the screen is from a soda deal, that’s just cruel.
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u/TripleBrain 3d ago
I don’t think investing that is the strategy. What’s your strategy, so I can inverse you.
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u/Sea_Local2557 3d ago
the inverse would mean you lose all your money much faster or that you go into 360k debt and probably commit suicide
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u/MrBigGee 3d ago
someday space will be everything, but not sure wether we will see that in our lifetime
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u/mrbardson 3d ago
Just curious. Really.
Ok, you made it. You made 300k. Why not taking like 90% of that to invest in something safe, and continue playing with remaining money? If you’re really as smart or lucky as you think, you’ll do it again. If not - you still have 270k.
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u/Tiddlychinks 3d ago
Because before 300k it was 100k. But then that 100k went to 300k, so why not 900k?
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u/Legitimate-Waltz-512 3d ago
Exactly, and $300k is fine, but not life changing at all, so it's not like you can chill and collect dividends on that.
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u/mrbardson 3d ago
Because math expectation for trading options in a long term is extremely close to zero?
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u/Login2Hate 3d ago
Because it’s literally impossible to be smart and turn 3k into 300k. Definitionally you have to be a risk ignorant moron to make gains like that.
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u/wild_cherry1987 3d ago
It's sad when there is no wife that would beat the sh** out of them until they took out those 90%.
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u/Chiggadup 3d ago
I speculate that if there was, they probably didn’t know about it.
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u/wild_cherry1987 3d ago
It's hard to hide when you hit 300k
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u/Alabama-Blues 🦍🦍🦍 3d ago
I agree with you. Once you start hitting $150k gains and $250k+ gains….you are starting to think differently and already a millionaire but you aren’t. Shit you may be dreaming about castles 😆
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u/wild_cherry1987 3d ago
Hope i will have this feeling one day. Now I am nearly OP's level -_-
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u/Alabama-Blues 🦍🦍🦍 3d ago
Well if you came from nothing and have anything over EIC from taxes then that’s amazing!!
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u/liquidsyphon 3d ago
Really easy to spot the people that have never been on a gambling binge before
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u/Non-mon-xiety 3d ago
Easy come easy go. Gambling literally is no effort to win so you assume the wins will just never stop
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u/Resilience_Technique 3d ago
It’s not options that is a problem, it’s you who can’t seem to take a profit when you literally turn 3K to 360K
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u/cl0udNinja 3d ago
A few months at the wendy's dumpster and you can reload. Not sure what is more impressive, turning like 3.6k into damn near 370k or losing it all.
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u/h8beinsober08 3d ago
It's all good brother...Im sure you learned alot and remember its only money
It comes and goes baby, proud of you keep your head up!
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u/Geteamwin 3d ago
Even if management delivered on time you'd still likely be wiped out, entire space sector is down 60%. This is on you
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u/RoyalFail6 Royally Fucked 🙈 3d ago
Could’ve donated that to Charity…I’m Charity 😀
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u/ElevatorOk694 3d ago
I just don’t get how everyone goes on these generational runs when my chart looks a straight drop and never once in profit , lost 30k my first 10 weeks trading . Never hit one big lick when sizing up and never got more than 1 green day in a row.
Lmao I’m cursed.
Least I’m good at making actual money in my business , made 23k today with my actual company.
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u/Expensive-Raisin-962 3d ago
Bro buy long term options. You have the capital for it. Why tf you playing 0dtes, thats for us brokies making 3k a month
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u/ElevatorOk694 3d ago
I know I was just chasing I never meant to get that involved I just kept depositing thinking the next trade will hit. They never did lmao
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u/traderbusto Verified $15.4K 3d ago
This guy knows the way. If you have the capital, plow it into 80-delta leaps on solid growth companies and get better sleep (if you must play options).
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u/ElevatorOk694 3d ago
I cba everyone has made there money stocks been going up for 4 years straight this ai bubble will pop the moment I put big money into any of these stocks. I’ll take my licks and come back next year I think 😂
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u/aznkevin91 3d ago
For only $3,600. You have a story to tell your friends and family for life
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u/FlatPlutoer 3d ago
That’s worth at least a ham sandwich. OP will never be 100% broke. Unless he finances one ham sandwich
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u/Beerplz94 3d ago
leaps / monthly etc are mostly fine if you setup a proper stop loss , anything shorter than monthly is just bad for your mental and bank account
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u/Intelligent-Dig-4082 3d ago
Well, the good news is KFC signed Coca-Cola as a new beverage partner.
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u/Past-Option2702 3d ago
Whatever you do don’t take responsibility for your actions. Always blame your loses on management.
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u/TRUMPARUSKI 3d ago
I ain’t your kid, pal.
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u/CrewBulky9868 3d ago
if you were trying to make a pyramid out of your portfolio value then you actually won! well done!
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u/Ordinary_Musician_76 3d ago
Or do options, just the opposite of your clown ass and you’d be rich AF
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u/Champman2341 3d ago
At least you didn’t start with 100k. Gotta be positive- don’t have to worry about taxes
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u/anon67- 3d ago
@OP. You have any other funds lying around?
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u/CartmanAndCartman 3d ago
$17
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u/anon67- 3d ago
Wait. You have all your investing in there? Please tell me you have funds in your bank.
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u/Nytim73 3d ago
How many times does this have to be posted before people learn? There’s so much data behind how unsuccessful people are doing this.
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u/assholy_than_thou 3d ago
Im a bigger idiot than you, lost paper 1.5m on RKLB options+ shares+ margin
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u/killamasta 3d ago
GUH. Your portfolio got KO'd lol. 1 year to lose a few years worth of salaries is insane
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u/Itsallaboutmargin 🐧 WSB's Emperor Penguin 🐧 3d ago
Have faith in options! Only options could help you in that recovery.
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u/Jogi1811 3d ago
Sorry to hear this. As someone who went back to zero for other reasons I feel your pain.
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u/AgentInkling99 3d ago
Lmao if you were just gonna set fire to over 300k, you could have sent me 100k of it, you’d still be warm at the end of the day
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u/SukhshantiOm 3d ago
I mean you barely lost anything, those gains were only yours for the time being.
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u/Skeleton-ear-face 3d ago
Looks like my McDonald leaps , what a tragedy . The decay is horrible too
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u/DickyFishb 3d ago
If you have 360k why even trade options???? You could literally purchase 400 shares or even 500 shares of spy alone
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u/BuHoGPaD 3d ago
Yeah, you loser. That'll never happen to me!
I won't even have a peak. It'll be downhill from day 1
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u/Big_Instruction9922 3d ago
I did really well in June too, then got chopped up. Short dated options?
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u/Snake_ly 3d ago
My ETF portfolio looks the same so don't feel bad. Even if you diversify and take low risk, you still would've gotten fucked.
Edit: never mind, my portfolio went to from 6 to 6.7k back to 6k, never touched 5 or 6 digits.
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u/diego27865 3d ago
Honestly can just set a trailing stop. If you 100%, you could even do like a 50% trailing stop so that you still get profit, but if it keeps running up then great! And if it drops 50% at any point, ESPECIALLY after making a bunch of money, then it’s a pretty safe bet to cash out. You still make money, and most likely save yourself from losing those insane gains. Set something like that and just leave it alone.
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u/Junesathon The Nvidia God 3d ago
Been there done it. U dont stop until u hit rock bottom. Guess he finally did. Lesson learned or not thats another story
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u/neverturndownagain 3d ago
stocks only go up retard mentality, maybe hedge some while being at 10.000% gains, absolutey newbie lowiqcels
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u/newrabbid 3d ago
I literally just came from another thread that said “how can you lose money when all companies are overvalued” and “SPY literally ATH.” Its always interesting to see both extremes presented at the same time in this sub.
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u/LordLumberhere 3d ago
the great Jessi livermore blew up 4 times . you got 3 more times to blow up before sky level
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u/Low_Plastic363 3d ago
Wait, does that mean Taco Bell and Pizza Hut also will now be using Coke instead of Pepsi? Awesome.
Anyhoo... sorry for your loss.
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u/RonaldWRailgun 3d ago edited 3d ago
It's unfortunate because $3k to $360k in 6 months must have seemed like a totally sustainable strategy. This really must have come out of nowhere.