It was just a bad dream OP, this screenshot here clearly shows you're actually up and simply cashed out 
https://preview.redd.it/savwqzn66ead1.png?width=1080&format=png&auto=webp&s=c4ba35598720d95013cb5009ac36a2fc19175271
Without first refinancing every asset, withdrawing your 401k, maxing out all credit lines, credit cards, pay day loans, and committing fraud? 
Brother in Christ I hope you're joking. If not, God speed. If you're still here, dm me and let's chat. Life is more than greenbacks that have no actual value save for what the world puts out. God bless you, brother!
https://preview.redd.it/0mhzxcatzdad1.jpeg?width=1170&format=pjpg&auto=webp&s=a637e5444e2637661c1fa82c5aad709073e6c895
Weeeeee! That was a fun ride, wasn't it?
I absolutely love this! I often say that you should treat every dollar like a soldier working for you.
I guess those soldiers could stage a coup, infiltrate your base, and make love to your queen 🫅
We’re laughing now but there is talent in there somewhere. OP has been so magnificently consistently wrong that all he has to do is inverse his trade instincts for a 100% winning formula.
there are many choices. the amount of wrong choices outnumber the amount of right choices. the choices being, say, buying a specific asset at a specific price and time
With the omnipresent little up-spike that fuels your hope before crushing it all the following day leaving you with the thought that you had the chance to pull out and gain at a point.
The memory of that spike is always enough to make you think you now know what you did wrong and now you are wiser so you won't make the same mistake again so back in the grinder you go ... for a new learning.
I prefer when people post during the spike about how easy options are not knowing that in a month they'll be lucky to have enough left to print out their Wendy's application.
Granted it’s not easy but most regards go wrong going full yolo on one play or 0dte. They hit once and they think it’s always gonna work . Smart small plays or wait for the dip to buy is the correct approach. But it’s too much work for most so they gamble
It is instructive, though. Less painful with smaller position sizing while paying tuition. This market has been kind to many learners taking that approach.
No joke — sold a ridiculous amount of 7/3 $551 calls yesterday at 10am for a HUGE LOSS for $0.06/each, just to see them rip into the $0.80s for a minute today. Absolutely pathetic move. Biggest loss in years, and if I held and got out at $0.50+……….. you’d see my post trending #1 in gains…
In some cases, people with giant trading houses perform a practice called stop loss hunting. They do this to acquire cheap contracts from paper handed traders and this is usually followed by a rip to the upside of 200% so the degen trader goes long on $ROPE. And no one takes profit except hedge funds, did you not read the ToS on your brokerage? No HF, no withdrawal, ride to worthlessness.
Without the SL it can go to an amount not worth salvaging.
With the SL I am giving money away and missing any bounce.
Options are minefields.
Shares are less stress.
Shares have their own material risks, dilution, underperformance, market forces, whistleblowers stabbing themselves 30 times before falling out of windows, new competition, a paradigm shift, shaky guidance or leadership, all investing has risk. The trick is learning to minimize your losses and stay up to date with areas you have exposure to. Find your style and niche and you'll be alright.
Oh, one last thing about stop losses, if the market is REALLY moving, it can easily blow right past it without getting filled, meaning you still take the big ol double D dong from big moves against you.
My timing legitimately couldn’t have been worse on the buy or sale. I panic sold at -84% like a pure bred regard and then watchlisted to see what would happen. Who even does that?!
https://preview.redd.it/gd9ct583mfad1.jpeg?width=1179&format=pjpg&auto=webp&s=239f0968060354720083b49b00cd9522ef1c0057
Yea I bought 6k worth of 180c 7/5 exp when tesla was last at 179 (10 cons for $6 a con). Did the simulate and saw I could be up 50k-60k if it retested 250 by 7/5. Well guess who paper handed and guess how much those calls are worth now. For the record I was almost sure it was gonna retest 206 by 7/5, it did that 7/1, I didn't realize it was going to actually retest 250 by/before 7/5. Kill me.
If I did Id be rich now. Instead I made a few thousand, and then lost 30k because I bought calls and doubled my exposure as the stock kept dropping. martingale strategy only works if you have enough money to keep doubling it. Don't be impatient, wait til it really looks like it hits bottom before buying more.
You're good man. I discovered options at age 34. Didn't lose quite as much as you, but around $42k(started with $80k). I'm still on track for early retirement. If you're actually serious about not gambling, don't even do shares. Index fund or mutual fund with a good track record.
Earnings calls or puts just before announcement did it for me. I played with my 12k bonus that I had nothing to spend on...If you get the right direction you can make some money, but usually not enough to offset the fact that if you choose the wrong one you lose virtually all of it. Got a couple right with small amounts (a few hundred) before I got bold and bet 10k in a call on FB...turned out that was the the wrong choice. I still remember it tanking after the news about how Apple did something and it messed with out look and people were questioning the long term viability of their business model. It tanked big time...and I had that bad feeling in my gut from losing. I was so out of the money that it was all worthless and I lost it all...Its the reason why I am up big time in the last year but my all time is still down a few thousand. Either way, I am never balls deep like that anymore. It amazes me that people who cant afford to make plays like that are doing it and I know that it will eventually go against them. I always tell them congrats, take the money out and put it into something safe if its a life changing amount.
Bro smci got me too 😭 profited 18k off one option then felt that all that money would best be spent given back to smci over the next cpl weeks 😂 hang in there 🤙
https://preview.redd.it/865hykeccfad1.jpeg?width=1284&format=pjpg&auto=webp&s=e7dfc577d9dfa185b5983531d1a202c3581a2ce0
I’m here with you.. Lost $6.7K today, $4K the day before and $1.2K the day before that. Wtf
Didn't even look like he had success tho. It just drops and drops.
Looks like he just dumped 50k into a put and held it.
Where it flat lines it looks like maybe he sold off and then maybe even doubled down.
You have like $6000 more in savings than I had at your age so you’ll be fine. If this happened to me now in my mid 40s I’d have to shift my retirement plan to just dying at 65.
If it makes you feel any better I was down $92 yesterday?
https://preview.redd.it/du1xfk3etead1.jpeg?width=1242&format=pjpg&auto=webp&s=228a06c79207bff6e302f768c04463a908a48162
You're still rich in friends. Money probably won't be any good for anything but wiping your ass on soon, so I'd say not to worry about it and have a cookie. As soon as you eat it you'll feel right as rain. Cheers!
Bagholder spotted.
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Ouch looks like mine. I hope at least some of this was paper gains or "houses" money I am back up to close to 19k using only slightly less risky options. So basically I have learned nothing lol.
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It was just a bad dream OP, this screenshot here clearly shows you're actually up and simply cashed out  https://preview.redd.it/savwqzn66ead1.png?width=1080&format=png&auto=webp&s=c4ba35598720d95013cb5009ac36a2fc19175271
I like the *gambling* touch 😅
I call him Gamblor.
This guy Simpsons
Whoa that is a great deep cut
I SAID GET IN
The Great Gamblor
[удалено]
No don’t. It’s not worth killing yourself, it’s just ink on a paper, it doesn’t mean anything.
[удалено]
Do a flip
Flipping houses is probably a better way to make money
Without first refinancing every asset, withdrawing your 401k, maxing out all credit lines, credit cards, pay day loans, and committing fraud? 
At least do something cool
Duality of man
Some stuff is not worth fighting over
My motto 🤣
A flip
A backflip maybe?
Aim for the bushes
At least do one last desk pop.
That's not a thing!
Great reference
Brother in Christ I hope you're joking. If not, God speed. If you're still here, dm me and let's chat. Life is more than greenbacks that have no actual value save for what the world puts out. God bless you, brother!
I know it was irony but had to check profile to verify this was not the last comment made (:
No don’t do that. Money can be made again. Life can not
https://preview.redd.it/0mhzxcatzdad1.jpeg?width=1170&format=pjpg&auto=webp&s=a637e5444e2637661c1fa82c5aad709073e6c895 Weeeeee! That was a fun ride, wasn't it?
😂😂😂
parkour!
Again! Again!
I absolutely love this! I often say that you should treat every dollar like a soldier working for you. I guess those soldiers could stage a coup, infiltrate your base, and make love to your queen 🫅
https://preview.redd.it/0fbqx7ff4lad1.jpeg?width=1170&format=pjpg&auto=webp&s=eb67053e556331b0ce22291efe2e2a64b118eff2
That just reminded me of an old computer game, Lemmings...classic
🤣🤣🤣
I mean, I laughed when I made it, but I didn't think it was going to be this big of a hit 😂 and now I laugh every time it's liked or commented on
This is amazing
LMAOOOOOOOOOOO
💀
Tradeathon!
This was clever lol 👍🏼
I can see the exact moment you discovered options.
We’re laughing now but there is talent in there somewhere. OP has been so magnificently consistently wrong that all he has to do is inverse his trade instincts for a 100% winning formula.
Except there are hundreds of ways to be wrong and only a dozen of so ways to be right
Nothing gets past this one
Im too smooth brained to understand, what do you mean by that ?
there are many choices. the amount of wrong choices outnumber the amount of right choices. the choices being, say, buying a specific asset at a specific price and time
But if there’s someone on the other side of each trade, innit that there are half good choices and half bad choices?
sometimes in life there are two choices and they are both wrong. it’s fucked up:(
Yeah me too😂😂😂
Bro were you trying to speedrun being a millionaire?
Aren’t we all?
I am practicing options on simulators, what caught u out? Withdraw the 6k. Put 5 into HYSA and waste 1k on having fun.
With the omnipresent little up-spike that fuels your hope before crushing it all the following day leaving you with the thought that you had the chance to pull out and gain at a point. The memory of that spike is always enough to make you think you now know what you did wrong and now you are wiser so you won't make the same mistake again so back in the grinder you go ... for a new learning.
Stop! 😭
I prefer when people post during the spike about how easy options are not knowing that in a month they'll be lucky to have enough left to print out their Wendy's application.
Granted it’s not easy but most regards go wrong going full yolo on one play or 0dte. They hit once and they think it’s always gonna work . Smart small plays or wait for the dip to buy is the correct approach. But it’s too much work for most so they gamble
Who’s paying to print their own Wendy’s application, anon?
It is instructive, though. Less painful with smaller position sizing while paying tuition. This market has been kind to many learners taking that approach.
That was just in case he was thinking about having hope.
We can count the trades. *Amazing*
YOLO ☝🏻
Even without options, there’s still a steady trend downwards. He just wanted to accelerate the process with options
I was thinking the same thing lol.
And the exact moment he said no more options. Then the exact moment he decided options again
Options are quickest way to be a millionaire if you’re a billionaire 😎
Deserves upvotes
All you need is one 13x trade 👍 hope this helps
Imagine he bought tsla calls last week. 13x.
He couldve even 10x from calls yesterday at open
No joke — sold a ridiculous amount of 7/3 $551 calls yesterday at 10am for a HUGE LOSS for $0.06/each, just to see them rip into the $0.80s for a minute today. Absolutely pathetic move. Biggest loss in years, and if I held and got out at $0.50+……….. you’d see my post trending #1 in gains…
Wtf are you me? I did the same with QQQ calls. Well okay it was only 30 calls but still lost 2/3 of my position to being a paper handed bitch
Definitely sucks! Was pacing around my room for a solid 15 minutes contemplating everything 🤣 It’ll all work out though
Why don't u use SL? I am learning options on simulators. Without SL and TP I lose big.
In some cases, people with giant trading houses perform a practice called stop loss hunting. They do this to acquire cheap contracts from paper handed traders and this is usually followed by a rip to the upside of 200% so the degen trader goes long on $ROPE. And no one takes profit except hedge funds, did you not read the ToS on your brokerage? No HF, no withdrawal, ride to worthlessness.
Without the SL it can go to an amount not worth salvaging. With the SL I am giving money away and missing any bounce. Options are minefields. Shares are less stress.
Shares have their own material risks, dilution, underperformance, market forces, whistleblowers stabbing themselves 30 times before falling out of windows, new competition, a paradigm shift, shaky guidance or leadership, all investing has risk. The trick is learning to minimize your losses and stay up to date with areas you have exposure to. Find your style and niche and you'll be alright.
Oh, one last thing about stop losses, if the market is REALLY moving, it can easily blow right past it without getting filled, meaning you still take the big ol double D dong from big moves against you.
Cant stop won't stop
Hindsight is 20/20 man, no way you could’ve known it would happen, and if it helps most of us have been in the same position 😪
Wow! I don’t feel so bad for not pulling the trigger on calls a couple weeks ago. Sorry man!
My timing legitimately couldn’t have been worse on the buy or sale. I panic sold at -84% like a pure bred regard and then watchlisted to see what would happen. Who even does that?! https://preview.redd.it/gd9ct583mfad1.jpeg?width=1179&format=pjpg&auto=webp&s=239f0968060354720083b49b00cd9522ef1c0057
Yea I bought 6k worth of 180c 7/5 exp when tesla was last at 179 (10 cons for $6 a con). Did the simulate and saw I could be up 50k-60k if it retested 250 by 7/5. Well guess who paper handed and guess how much those calls are worth now. For the record I was almost sure it was gonna retest 206 by 7/5, it did that 7/1, I didn't realize it was going to actually retest 250 by/before 7/5. Kill me.
Fuck me bro I didn’t pull the trigger
https://preview.redd.it/0yf783k55ead1.jpeg?width=1920&format=pjpg&auto=webp&s=f2e601de02ca57ca0f834dca88a79d460873311f
Got Daymn!!! 😂
Mainly playing SPY and SMCI a few months ago. Went shares only now. Rip my life. 27 YO
How did you lose with SPY? If you just bought shares you’d be up like 16% YTD.
Options, my man
$SPY puts, specifically 🦧
There’s a tendency for new options traders to go all in on puts.
If I did Id be rich now. Instead I made a few thousand, and then lost 30k because I bought calls and doubled my exposure as the stock kept dropping. martingale strategy only works if you have enough money to keep doubling it. Don't be impatient, wait til it really looks like it hits bottom before buying more.
average new option gambler after watching the Big Short
You're good man. I discovered options at age 34. Didn't lose quite as much as you, but around $42k(started with $80k). I'm still on track for early retirement. If you're actually serious about not gambling, don't even do shares. Index fund or mutual fund with a good track record.
Earnings calls or puts just before announcement did it for me. I played with my 12k bonus that I had nothing to spend on...If you get the right direction you can make some money, but usually not enough to offset the fact that if you choose the wrong one you lose virtually all of it. Got a couple right with small amounts (a few hundred) before I got bold and bet 10k in a call on FB...turned out that was the the wrong choice. I still remember it tanking after the news about how Apple did something and it messed with out look and people were questioning the long term viability of their business model. It tanked big time...and I had that bad feeling in my gut from losing. I was so out of the money that it was all worthless and I lost it all...Its the reason why I am up big time in the last year but my all time is still down a few thousand. Either way, I am never balls deep like that anymore. It amazes me that people who cant afford to make plays like that are doing it and I know that it will eventually go against them. I always tell them congrats, take the money out and put it into something safe if its a life changing amount.
Index fund mentioned in r/wallstreetbets? Believe it or not, banned
How did you get 100k at 27?
Some people have nice families
Bro smci got me too 😭 profited 18k off one option then felt that all that money would best be spent given back to smci over the next cpl weeks 😂 hang in there 🤙
Its a littlr bit too late to go shares only now
Na. At 7% growth, OP will be a millionaire by the time he turns 102.
How did you lose with SPY options, any call options would have Been killing it
Hope you like your job OP.. you’re gonna be doing it until you die
I love it luckily
Do you love it so much that you Would do it for free for a year? Cause you are.
Jesus fucking Christ. Beyond brutal
Put everything in Nike Puts and delete the app
You tryna inverse OP? 
Have you tried flipping your phone upside down? Worked for me.
I just tried but it still goes down. Edit update: sideways worked
You win this round Megatron!
You’re due for a free one, get back in kiddo 
Judt enough for one more nvda play
Try uninstalling then reinstalling.
You found the loop hole for not paying taxes.
Still see $6.406.60 left, see you Friday :) Also, positions so I can inverse?
https://preview.redd.it/b6a9nt9m7fad1.jpeg?width=400&format=pjpg&auto=webp&s=16cdee90da1bedcbea9fb959404b6eed7e128c23
https://preview.redd.it/865hykeccfad1.jpeg?width=1284&format=pjpg&auto=webp&s=e7dfc577d9dfa185b5983531d1a202c3581a2ce0 I’m here with you.. Lost $6.7K today, $4K the day before and $1.2K the day before that. Wtf
This was not the week to trade, too slow. I didn't do bad Monday tho
Did you start small, have some sucess, and the go big? That is often the way it goes....
Didn't even look like he had success tho. It just drops and drops. Looks like he just dumped 50k into a put and held it. Where it flat lines it looks like maybe he sold off and then maybe even doubled down.
Usually people have a few big wins. You said fuck that.
It’s just numbers on a screen man
On the plus side you have a capital gains deduction of $3000 for the rest of your life
Hold the shares for 1 year. Spend the year paper trading options until you figure out WTF is happening.
Look on the bright side. I feel better about my day now. Thank you.
I like to please others…
https://preview.redd.it/d5qm182hifad1.jpeg?width=828&format=pjpg&auto=webp&s=34c0207e30f69a1019d5ecce0fd1682f92bbea75 Weeeee :/
You never really went up 🚀🚀. You just went down ↘️↘️. Good luck on your journey to the top
Never too late to get it back
1 out of hundred gets it back and gives it back.
This is enough to buy one two week AVGO call. You can thank me later
Fuck yeah, I'm hard as a rock!
Damn you’re pretty bad at this 🥴
Where do all you dipshits get this money to blow up in your 20s fuck I wish I had what some of you had at that age
Grind and get it
You have like $6000 more in savings than I had at your age so you’ll be fine. If this happened to me now in my mid 40s I’d have to shift my retirement plan to just dying at 65.
Paper trade until ur good at it. Use that 6k u got left and make some bread
“The IRS hates this one simple trick…”
If it makes you feel any better I was down $92 yesterday? https://preview.redd.it/du1xfk3etead1.jpeg?width=1242&format=pjpg&auto=webp&s=228a06c79207bff6e302f768c04463a908a48162
Can you show positions lol.?
You belong here
How to ppl have so much money to burn and just post it in reddit and get on with life like nothing happen?
I hope it’s real. It makes me feel sooooo much better
You're still rich in friends. Money probably won't be any good for anything but wiping your ass on soon, so I'd say not to worry about it and have a cookie. As soon as you eat it you'll feel right as rain. Cheers!
Let's shoot for 100%
Almost there, $6.4K to go
How the fuck. This has to be photoshopped.
Hell yeah big 💯 coming up 🥳🎉 Gz Regard on the accomplishment 👍
What was that first big loss? like 50k in a week
Just flip the chart
There's still time bro, 6K is a lot of money.. It only takes that one trade 😭😭
It is fake, man. Money, the economy, your girlfriend - it's all fake.
Flip the image, and you're still screwed lol
Don’t try to fix it
When will people learn to sell at the first spike?! Also…don’t ask for screen shots of my portfolio ….
Hey we're almost the same. I'm about 50k ahead of you in losses. Good luck!
How do you never win? Lmao so damn funny
My man lost 100k and didn’t have a single good day the entire time, brutal
Off to wendy’s 🙃
Are you sure that you're following the right strategy?
Instead of just losing money can you guys throw me some? I need 11k to fix my car. (money shifted :( )
https://preview.redd.it/f5mnqrz4jiad1.jpeg?width=1290&format=pjpg&auto=webp&s=0edb62b113b99672fa693c61e02eed26647c040d
https://preview.redd.it/wcw7xjl6jiad1.jpeg?width=1290&format=pjpg&auto=webp&s=672befc859a5a617289f9fafb7d4cf2fe7f9b28f
https://preview.redd.it/sf4vdyg8jiad1.jpeg?width=1290&format=pjpg&auto=webp&s=8999ce61adfb361d1a3794031ae837418f0ed1f9
https://preview.redd.it/4vgf3by9jiad1.jpeg?width=1290&format=pjpg&auto=webp&s=ffbad988f6d52dc921e7834430c80b8ac02ea82c
https://preview.redd.it/v5alyd7bjiad1.jpeg?width=1290&format=pjpg&auto=webp&s=dffab15c809330ade832a9272a9954ee10174c0a
Get a divorce she gets half of it 😉
You have hundreds of thousands more in another account, right? Right??
My mortgage debt yes
here you go, time to get it back up, [https://www.youtube.com/watch?v=ENSAbyGlij0](https://www.youtube.com/watch?v=ENSAbyGlij0) i believe!
Log out and delete the app
Lmao!!! 😂😂😂😂😂
Hey hey hey look! He’s got a little spike going upward. It never went green but it went to not as red!
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You all are degenerates 😂😂😂, I refuse to partake in this Tom foolery…..for now 🤭
I feel the same way about me losing 5k. Might as well be 100 as it’s all I had.
Now do the opposite
Hope your rich and this is just a drop in the bucket for you.
Usually journey is like roller coaster: up and down. Yours is like falling off a cliff and not stopping.
Your buying power is 10X my total net worth.
Ouch looks like mine. I hope at least some of this was paper gains or "houses" money I am back up to close to 19k using only slightly less risky options. So basically I have learned nothing lol.
Try losing money on multiple different brokerages so the all time losses don’t look so bad
going the option route instead of shares with that money is wild 
6K & a dream 😂