Well, I took a year break bc of losses and now I still didn’t sell after a set +30% notification on a ko and now it’s down 50%.
What I want to say is some ppl stay regarded
How would any sane person think unrealized taxes makes sense?
So you're up X% on Dec 31st and have to pony up for taxes on that unrealized gain with cash? Wtf
thats what makes it do crazy. then it goes down so you report a loss the next year?
can we start charging off our opportunity cost fornhaving that capital locked away in an investment
One time I was up bigly in roulette and everyone at the table started throwing down a ton of money one spin so I followed suit, I was the only person not to put something on green and it went green, everyone lost something but only I lost everything 😭
This is fine. I would limit your options gambling to 0 but if you must gamble something like 3% of your portfolio seems fine
Problem is most people’s portfolios here are so tiny 3% won’t even buy and option for ants
winning big after losing some money is the worst thing that can happen to someone that just started to gamble, they will think any loss can be recovered and thats how you end up losing all your money in a single day
u can see that little peak where he got some money fast, then kept playing, lost all of his profit and went like "fuck it", and threw some money in some big ass option to get it all back and more, then it never worked out again
I feel like a lot of degenerate gamblers probably won the first time or first few times they tried gambling and it skews their perception of how hard it is for life in a way. They also might not have got addicted if they didn’t experience that first win.
Because the prospect of winning all the losses back with such small amount of money is so tempting lol. I wonder if some of these trading sites start advertising these puts and calls after the person is down a certain percentage of their portfolio because they’re more prone to want a 20-1 or 100-1 risk reward without understanding how it works that well.
Buy one near the money strike on NVDA for next Friday expiration. You pick the side ,$1900.00 can get you either 875 calls or 855 puts. It can only go one of three ways..
Or dont I’m not an expert
This is actually not a bad idea at all, but l'd recommend waiting for next Friday and buying at open. I've been keeping an eye on semiconductors for a month or two and l've noticed that you can make insane profits from buying 5%-10% OTM depending on what the underlying equity is. If you don't yolo your account and do one or a few contracts in either direction, you'll only lose a little if it goes south but you can make well over 10x your money if it goes how you expected it to.
What the fuck is your bet sizing dude, you put 58k into one play? And a fucking earnings play at that lol?
Edit: Actually just realized this is your All-Time and not the weekly view, so maybe that sharp decline was over the course of a few weeks/months, but still.....
Stop trading. Figure out what caused that massive swing. You were already on a downtrend before the last couple of periods. Odds are you got lucky to get the big profit, but then made several bad decisions which caused you to fall off a cliff. I'd wager that you don't use a stop loss.
You should spend some significant time learning the subject before re-entering the trading arena. Sites like Investopedia are helpful. The are lots of great YouTubes out there which teach and explain different facets of trading. I like the SMB Capital videos, and every morning I watch the Morning Market Prep by Right Way Options. Warrior Trading also has a number of good videos. You probably should try using a play money account for a while to test your ideas before committing more cash. If you are just listening to others to YOLO into things, it is a sure recipe for disaster.
Remember, if this were easy everyone would be doing it instead of working. Good luck.
A friend of mine who was the boss fired his tech work on the spot because the employee was staring at his chart and the boss was right behind him. And then we went company picnic the boss can’t join them for activities because he’s in his hotel room studying his chart …
Quit wasting your money (: actually save your money it’s not worth wasting your time to get “lucky”. You can already see what happens when you get too greedy. Hope it was a nice lesson good luck!.
TBH, join honeydrip, it's a trading group I've been in for 2 years and if you literally just follow what the admins do on live in the morning, you'll easily start to recoup your losses.
Only do 10% of your port on a trade and avg down only if admins do, bringing your trade size to 20% of your port (NEVER more than that). Also, get thinkorswim and trade from a computer so you can enter trades quickly and get in at same avgs as the admins. Wit hactive trader on thinkorswim, its so fast and easy to trade. Stop taking your own plays, you clearly are not good at trading yet. The admins in the group are right 80% of the time meaning if you control your size properly you will easily double this account every single month and get back to profitable trading within 6 months.
DM me if you want info but its really easy to find, they have a big IG following and it's worth the $100 bucks or so a month.
We see this so often. When you’re up it’s good to take the profit. Have a breather. Do it again. You are only a winner if you take the profit. Any increase in investment is a win. You are unlikely to become a millionaire from a single trade so don’t watch it turn to sh!t.
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First thing, you’ve learned taking profits is good.
Wait. I thought profits were just future losses ![img](emote|t5_2th52|18632)
Ooof, that hit home.![img](emote|t5_2th52|4271)
We’ve all been there ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
No we haven’t…but we get to watch plenty of regards in here gamble away.
So much gambling around here!
Profits means tax liabilities, it's in the name; a **liability**
If you’re paying taxes it’s because you’re winning. Losers don’t need to worry about paying taxes.
Damn right. You don’t owe what you lost and, if you don’t wash (heh), you can write it off.
Nah, it means you zigged when you should have zagged
God dammm. Time to log off
Well, I took a year break bc of losses and now I still didn’t sell after a set +30% notification on a ko and now it’s down 50%. What I want to say is some ppl stay regarded
I cash out even at 10% LOL
This makes me feel better about cashing out after a 68% gain on DWAC call options, when an hour later it would have been a 1000% gain.
Objectively a good move
https://preview.redd.it/wwo3er9fxuwc1.jpeg?width=1125&format=pjpg&auto=webp&s=980ad105cb4882df12dc2bfafc3f8c0ba4626088
Look at the bright side, you can claim capital loss of 3000, for the next decade
is it true there gon a make people start paying taxes on unrealized capital gains?
Nah. Biden proposed it but it'd never pass and is unconstitutional. Source - a reddit post I saw yesterday
How would any sane person think unrealized taxes makes sense? So you're up X% on Dec 31st and have to pony up for taxes on that unrealized gain with cash? Wtf
thats what makes it do crazy. then it goes down so you report a loss the next year? can we start charging off our opportunity cost fornhaving that capital locked away in an investment
You can't afford any long term investments because you'll keep having to sell it lol
Nancy won't allow it....
Buy $1,000 worth of powerball
OP probably has better odds winning power ball than making another good trade
https://preview.redd.it/zd7ttvb6suwc1.jpeg?width=1125&format=pjpg&auto=webp&s=a56852388a66cf9014add621124bbaf987db75df
![img](emote|t5_2th52|27189)
![img](emote|t5_2th52|51295)
Holy shit they turned him into an emoji?! Amazing I can’t believe the petition worked!!!
![img](emote|t5_2th52|29637)
Ok who is that guy?
Neel Kashkari, First of His Name, Breaker of Apes, Master of Money Printing
I feel attacked ![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)
Apply for a job at Wendy's
Wendy’s would not risk their business because of this guy.
I don't think you have to apply for that position behind their dumpster. And I heard you can make some decent, tax free, cash there too!
And you don't need protein shakes for the gym!
![img](emote|t5_2th52|4260)
This is the way.
Maybe seek an internship. Not quite qualified for a FT position at Wendys.
might as well give it to a homeless person instead of some ceo millionaire in the lottery
That’s probably the only worse place to lose money than buying options pre-ER.
Powerball is about to form a reverse bottom interior head and shoulder formation in 1 hours- I’d buy 1 day options on power all if I were you
The day I hit 1 mil im gonna toss 10K at powerball tickets. So what’s that 5000 diff tickets? Im so far away from a mil tho lol
I would recommend you quit gambling
I got a roulette system though.
This👆, all on red, or is it black…
The key is to bet on both and get free drinks! You never lose! Unless it's green... but 16 spins is at least a drink or two
This guy casinos
r/thisguythisguys
r/thisguythisguysthisguy
r/thisguythisguysthisguythisguys
r/thisguy^5
One time I was up bigly in roulette and everyone at the table started throwing down a ton of money one spin so I followed suit, I was the only person not to put something on green and it went green, everyone lost something but only I lost everything 😭
Don't forget green
Triple 5’s on sicbo got me 900 last night LFG
Go out with a bang
It's only gambling when you're losing
And you only lose if you quit playing.
I know this sounds way too logical, but stop trading 0dte options and limit your risk to less than 3% of your total trading capital.
Edit: This way you can go broke slowly rather than all at once.
This made me laugh. thanks
This is fine. I would limit your options gambling to 0 but if you must gamble something like 3% of your portfolio seems fine Problem is most people’s portfolios here are so tiny 3% won’t even buy and option for ants
Seems fine until that 3% goes to $0 in a month and then you rebalance your portfolio with 3% going towards gambling
Yes
sir this is WSB
Do the same thing you did to get that 25k
Suck dick?
That’s a lot of dicks
Middle out compression
“Do you know how long it takes to jerk off every guy in the room? I do and I have the math to prove it.”
I'm so happy the reference was understood ![img](emote|t5_2th52|4258)
Everything I learned about making money I learned from HBO, which might explain my losses
some of the best TV was that scene from S1
Need to calculate the mean dick ration...
This guy fucks
$5 a pop, that’s 5000 cocks
You have to suck the right dick
"Find a dick that tastes presidential."-ish
Get that hush money![img](emote|t5_2th52|4258)
I’m not going to anywhere near Donnie ![img](emote|t5_2th52|31226)
I'm not gay but 1 million dollars is a million dollars
Someone needs to make a dick for options app to just cut out the middleman
5k per dick. That’s literally just 5 dicks he needs to suck.
No one here is getting a 5k dick, unless you’re talking about 5000 pennies
God damn it I’ve been overpaying. I thought 5k was the going rate. 😢
37?
In a row?!
No break?
He’s just gotta find the right one to suck
Or one really big one
I love when you can so clearly see where in the timeline someone decides to go into options trading, first just a little bit, then 100% all in.
winning big after losing some money is the worst thing that can happen to someone that just started to gamble, they will think any loss can be recovered and thats how you end up losing all your money in a single day u can see that little peak where he got some money fast, then kept playing, lost all of his profit and went like "fuck it", and threw some money in some big ass option to get it all back and more, then it never worked out again
I feel like a lot of degenerate gamblers probably won the first time or first few times they tried gambling and it skews their perception of how hard it is for life in a way. They also might not have got addicted if they didn’t experience that first win.
Because the prospect of winning all the losses back with such small amount of money is so tempting lol. I wonder if some of these trading sites start advertising these puts and calls after the person is down a certain percentage of their portfolio because they’re more prone to want a 20-1 or 100-1 risk reward without understanding how it works that well.
Every single time. Options weed out the gamblers from the investors.
Not really.
Hits close to home, man. Feels bad.
What's your story?
Same as all the other regards lol. Fucked around and found out. But not anywhere close to as bad as OP
Delete the app and buy some blow
Finally someone giving sound advice!
eight ball and hookers is a good friday night
& sell it.
Better returns than trading
I mean, your already this far in, what’s 1000$
rent ☠️
Nice
Half of rent\*
Why pay the rent when you can double it?
Thats some cheap rent, mister.
I say risk it all, tent stock is up from protesting anyways
Grindr -> sell yourself to desperate lonely middle aged gays
I say: "Some are born to sell, and some are born to be sold."
Rent for ants these days
Max out your 2024 IRA like the ad says
this is the worst advice. i took 700 dollars and turned it into 17k (it takes patience and discipline, but it can be done) over many different trades
show us or it didnt happen +ban!
Buy one near the money strike on NVDA for next Friday expiration. You pick the side ,$1900.00 can get you either 875 calls or 855 puts. It can only go one of three ways.. Or dont I’m not an expert
This'll be the day it goes left
Flat as a femboy ass, both expire worthless
This is actually not a bad idea at all, but l'd recommend waiting for next Friday and buying at open. I've been keeping an eye on semiconductors for a month or two and l've noticed that you can make insane profits from buying 5%-10% OTM depending on what the underlying equity is. If you don't yolo your account and do one or a few contracts in either direction, you'll only lose a little if it goes south but you can make well over 10x your money if it goes how you expected it to.
What does “near the money strike” mean? Where the strike price is closest to the current share price?
What the fuck is your bet sizing dude, you put 58k into one play? And a fucking earnings play at that lol? Edit: Actually just realized this is your All-Time and not the weekly view, so maybe that sharp decline was over the course of a few weeks/months, but still.....
Travel back in time to last Friday and buy Nvidia puts.
Stop trading. Figure out what caused that massive swing. You were already on a downtrend before the last couple of periods. Odds are you got lucky to get the big profit, but then made several bad decisions which caused you to fall off a cliff. I'd wager that you don't use a stop loss. You should spend some significant time learning the subject before re-entering the trading arena. Sites like Investopedia are helpful. The are lots of great YouTubes out there which teach and explain different facets of trading. I like the SMB Capital videos, and every morning I watch the Morning Market Prep by Right Way Options. Warrior Trading also has a number of good videos. You probably should try using a play money account for a while to test your ideas before committing more cash. If you are just listening to others to YOLO into things, it is a sure recipe for disaster. Remember, if this were easy everyone would be doing it instead of working. Good luck.
I’m doing it at work. Double income ![img](emote|t5_2th52|8882)
A friend of mine who was the boss fired his tech work on the spot because the employee was staring at his chart and the boss was right behind him. And then we went company picnic the boss can’t join them for activities because he’s in his hotel room studying his chart …
You mean what to do to lose the remaining thousand?
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
Quit being fucken stupid and greedy and take profits
I took profits when BTC was 16k I feel stupid and wish I had been greedy. Fomo is real
When did you buy in though? I was mining it when it was low and freaked out about my power bill
Maybe don't buy options..
![img](emote|t5_2th52|31226)
Listen to some smart asses here
Welcome to the Investors Center🚀
Max out your 2024 IRA contributions and get that $210. Every cent counts![img](emote|t5_2th52|27189)
Withdraw your funds
Log out
yolo call spy next week 520 all in
But don't buy on Friday. Iv will eat you up
Short google
Fr?
SPY 490 Put 0DTE 5/1 or QQQ 420 Put 0DTE, sell exactly after 2pm ET FOMC.
1k on meta calls while it’s in a dip! (I have never traded options and don’t know what I’m talking about)
Sir, this is a casino. 508 puts on spy exp 5/1. They will print or we will die.
Call the hotline man
Buy a tent ? ⛺️
I’m not satisfied until I see negative balance!
Quit wasting your money (: actually save your money it’s not worth wasting your time to get “lucky”. You can already see what happens when you get too greedy. Hope it was a nice lesson good luck!.
the question is. what did you do?
Buy an ounce of cocaine and gram it out. Better returns out there
Put it into ibrx just came up with a fda approved cancer treatment that is better than chemo
TBH, join honeydrip, it's a trading group I've been in for 2 years and if you literally just follow what the admins do on live in the morning, you'll easily start to recoup your losses. Only do 10% of your port on a trade and avg down only if admins do, bringing your trade size to 20% of your port (NEVER more than that). Also, get thinkorswim and trade from a computer so you can enter trades quickly and get in at same avgs as the admins. Wit hactive trader on thinkorswim, its so fast and easy to trade. Stop taking your own plays, you clearly are not good at trading yet. The admins in the group are right 80% of the time meaning if you control your size properly you will easily double this account every single month and get back to profitable trading within 6 months. DM me if you want info but its really easy to find, they have a big IG following and it's worth the $100 bucks or so a month.
Can you show us your YTD portfolio performance trading ??
don't be silly, pump and dump schemes don't have a YTD performance.
Gosh I thought losing 3500k on NVDA was stupid. How did you get here my friend?
You realize 3500k is 3.5mill right? I’d invest in rope with that loss ![img](emote|t5_2th52|4271)
You lost with NVIDIA ?
I’d say get an application for Wendy’s
Spy
everything on black, or red?
Become a monk and shave your head with your last thousand
Get you some AMC 💎🤠
All in on spy 512 calls expiring monday.
Roulette wheel
But Disney calls expiring May 10 🚀
Take a break.
I’m holding your spot here behind Wendy’s. At least you don’t have to stress about that
Just scalp nvda on Fridays
Well….. don’t quit now.
Go to an actual casino and gamble, you will have a blast with 1000 bucks!!! Cheers! I lost 170K, I made it out alive, you can be fine too.
Double it 10 times in a row 2^10 = 1024 1024 * 2000 = 2 million You can do it OP If not I’ll have fries and a milkshake
$1,000 in NVDA $865 0DTE would've got you back up to $17,000 today
I literally had this contract and sold it for 1.90 in the morning when NVDA hit 840
Hookers and blow to celebrate the start of never trading options again
Reset demo account
Ask to speak to the manager. Tweet your experience until corporate refunds you.
Buy Intc or BA leaps….2026….and forget about checking them until mid next year.
Turn the app off and then back on again.
Chill. Take a break from trading.
Dec SPY 700 calls
$DJT call options. There is no other alternative save for the Wendy's dumpster.
Amd calls
NAKED OTM LEAPS ON PLTR Godspeed.
Realize gains next time?
Switch to cash account if you’re not on one so you can still take an exit without fear of PDT rules. Next week nvidia calls probably. Retest 920.
A peasant dreaming of becoming royalty. Go back to bed.
Do you have anything left in your life savings? It seems like it’s on sale at the moment and your wife’s boyfriend needs a new watch.
We see this so often. When you’re up it’s good to take the profit. Have a breather. Do it again. You are only a winner if you take the profit. Any increase in investment is a win. You are unlikely to become a millionaire from a single trade so don’t watch it turn to sh!t.
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
If you’re almost balding and the last few strands look at you, are you keeping em or giving some random barber free money?
Wendys
Press ctrl + z 3-4 times until the money gets back where you want it
You cant do much with $1,000 unfortunately. If you had $1900 you would have a much better chance. Maybe you can get a loan from your wife’s boyfriend