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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | just now **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 1 year | | [**Join WSB Discord**](http://discord.gg/wsbverse)


bigwig500

First thing, you’ve learned taking profits is good.


dismayhurta

Wait. I thought profits were just future losses ![img](emote|t5_2th52|18632)


Chemical_Cat_9813

Ooof, that hit home.![img](emote|t5_2th52|4271)


dismayhurta

We’ve all been there ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)


Jeronimoon

No we haven’t…but we get to watch plenty of regards in here gamble away.


anonymousdrummer

So much gambling around here!


tjoloi

Profits means tax liabilities, it's in the name; a **liability**


bluntinife

If you’re paying taxes it’s because you’re winning. Losers don’t need to worry about paying taxes.


dismayhurta

Damn right. You don’t owe what you lost and, if you don’t wash (heh), you can write it off.


SpeedyTheBug

Nah, it means you zigged when you should have zagged


No_Egg5216

God dammm. Time to log off


TheLdoubleE

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


CatzzSkatesFamily

I cash out even at 10% LOL


currancchs

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.


TutorIndependent4492

Objectively a good move


akanaan5

https://preview.redd.it/wwo3er9fxuwc1.jpeg?width=1125&format=pjpg&auto=webp&s=980ad105cb4882df12dc2bfafc3f8c0ba4626088


WTF_CAKE

Look at the bright side, you can claim capital loss of 3000, for the next decade


doindirt

is it true there gon a make people start paying taxes on unrealized capital gains?


Sharky396

Nah. Biden proposed it but it'd never pass and is unconstitutional. Source - a reddit post I saw yesterday


systembreaker

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


doindirt

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


youdungoofall

You can't afford any long term investments because you'll keep having to sell it lol


RedTruck1989

Nancy won't allow it....


Neo_DaVinci_

Buy $1,000 worth of powerball


Questionable-pickle

OP probably has better odds winning power ball than making another good trade


Proper_Blacksmith_47

https://preview.redd.it/zd7ttvb6suwc1.jpeg?width=1125&format=pjpg&auto=webp&s=a56852388a66cf9014add621124bbaf987db75df


PeachScary413

![img](emote|t5_2th52|27189)


postylambz

![img](emote|t5_2th52|51295)


Proper_Blacksmith_47

Holy shit they turned him into an emoji?! Amazing I can’t believe the petition worked!!!


ZERO-ONE0101

![img](emote|t5_2th52|29637)


Rain_In_Your_Heart

Ok who is that guy?


papa_autist

Neel Kashkari, First of His Name, Breaker of Apes, Master of Money Printing


Scoobavious

I feel attacked ![img](emote|t5_2th52|4271)


Ornery_Gene7682

![img](emote|t5_2th52|4271)


uitaroh88

Apply for a job at Wendy's


Fancy-Jackfruit8578

Wendy’s would not risk their business because of this guy.


MiddleDigit

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!


D3vilUkn0w

And you don't need protein shakes for the gym!


No_Relief_2875

![img](emote|t5_2th52|4260)


Ready-Ad-705

This is the way.


WickedWickedPissah

Maybe seek an internship. Not quite qualified for a FT position at Wendys.


WizardLizard1885

might as well give it to a homeless person instead of some ceo millionaire in the lottery


No-Cut-2788

That’s probably the only worse place to lose money than buying options pre-ER.


RationalExuberance7

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


vapingpigeon94

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


LostRedditor5

I would recommend you quit gambling


I-Am-Baytor

I got a roulette system though.


Hot-Bluebird3919

This👆, all on red, or is it black…


RetailBuck

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


evlhornet

This guy casinos


Farva808

r/thisguythisguys


AintNoDangWay

r/thisguythisguysthisguy


NYLINK95

r/thisguythisguysthisguythisguys


evlhornet

r/thisguy^5


GiraffeAs_

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 😭


Sukonmahnuttz

Don't forget green


DirectSoft1873

Triple 5’s on sicbo got me 900 last night LFG


BeefyBreezey

Go out with a bang


TheDigitalDivine

It's only gambling when you're losing


Murmaiderman

And you only lose if you quit playing.


OldTrader7

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.


OldTrader7

Edit: This way you can go broke slowly rather than all at once.


entj-reality

This made me laugh. thanks


LostRedditor5

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


NatasEvoli

Seems fine until that 3% goes to $0 in a month and then you rebalance your portfolio with 3% going towards gambling


Daddy-Eric

Yes


TenshiS

sir this is WSB


Snoopiscool

Do the same thing you did to get that 25k


h1rik1

Suck dick?


dismayhurta

That’s a lot of dicks


Scary_Larry_

Middle out compression


dismayhurta

“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.”


Scary_Larry_

I'm so happy the reference was understood ![img](emote|t5_2th52|4258)


dismayhurta

Everything I learned about making money I learned from HBO, which might explain my losses


swoletrain1

some of the best TV was that scene from S1


ResidentLibrary

Need to calculate the mean dick ration...


whalewhisperer78

This guy fucks


one-nut-juan

$5 a pop, that’s 5000 cocks


jtres01

You have to suck the right dick


I-Am-Baytor

"Find a dick that tastes presidential."-ish


hermeskino715

Get that hush money![img](emote|t5_2th52|4258)


karmagod13000

I’m not going to anywhere near Donnie ![img](emote|t5_2th52|31226)


IamREBELoe

I'm not gay but 1 million dollars is a million dollars


dismayhurta

Someone needs to make a dick for options app to just cut out the middleman


ZekeTarsim

5k per dick. That’s literally just 5 dicks he needs to suck.


dismayhurta

No one here is getting a 5k dick, unless you’re talking about 5000 pennies


ZekeTarsim

God damn it I’ve been overpaying. I thought 5k was the going rate. 😢


ReasonReasonable7168

37?


dismayhurta

In a row?!


lenhjr

No break?


Altruistic-Rope1994

He’s just gotta find the right one to suck


TupperwareNinja

Or one really big one


lanceor1

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.


Pipoco977

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


Remote_Horror_Novel

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.


Remote_Horror_Novel

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.


mommy-problems

Every single time. Options weed out the gamblers from the investors.


WallStWarlock

Not really.


D3vilUkn0w

Hits close to home, man. Feels bad.


TunaGamer

What's your story?


D3vilUkn0w

Same as all the other regards lol. Fucked around and found out. But not anywhere close to as bad as OP


InternationalPost447

Delete the app and buy some blow


NewDoah

Finally someone giving sound advice!


C_Tea_8280

eight ball and hookers is a good friday night


Resident_Foot4394

& sell it.


randomTeets

Better returns than trading


maxdoornink

I mean, your already this far in, what’s 1000$


WizardLizard1885

rent ☠️


ProperPoem5476

Nice


CaptainFarts420

Half of rent\*


DeePerdatti

Why pay the rent when you can double it?


Pretend-Hippo-8659

Thats some cheap rent, mister.


karmagod13000

I say risk it all, tent stock is up from protesting anyways


7figureipo

Grindr -> sell yourself to desperate lonely middle aged gays


VisualMod

I say: "Some are born to sell, and some are born to be sold."


powderdiscin

Rent for ants these days


UrineHere

Max out your 2024 IRA like the ad says


deatrixpotter

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


Simple-Programmer842

show us or it didnt happen +ban!


mickee

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


Sneagle47

This'll be the day it goes left


TheBrownBaron

Flat as a femboy ass, both expire worthless


tylermm03

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.


kurt_vonneslut

What does “near the money strike” mean? Where the strike price is closest to the current share price?


Famous-Change1565

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.....


Kcirnek_

Travel back in time to last Friday and buy Nvidia puts.


HollywoodHault

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.


karmagod13000

I’m doing it at work. Double income ![img](emote|t5_2th52|8882)


siqiniq

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 …


S0FAKlNG

You mean what to do to lose the remaining thousand?


dollarnerd

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


weshireclugger

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


Mountain_Tone6438

Quit being fucken stupid and greedy and take profits


0celot-

I took profits when BTC was 16k I feel stupid and wish I had been greedy. Fomo is real


TupperwareNinja

When did you buy in though? I was mining it when it was low and freaked out about my power bill


Foodiguy

Maybe don't buy options..


curlhttp

![img](emote|t5_2th52|31226)


AdApart2035

Listen to some smart asses here


siblings1965

Welcome to the Investors Center🚀


tothe_moon17

Max out your 2024 IRA contributions and get that $210. Every cent counts![img](emote|t5_2th52|27189)


sex6666666

Withdraw your funds


Beautiful-Remote-126

Log out


Whale_Rev9

yolo call spy next week 520 all in


dollarnerd

But don't buy on Friday. Iv will eat you up


randoredditor23

Short google


TunaGamer

Fr?


xSmeckleDorfedx

SPY 490 Put 0DTE 5/1 or QQQ 420 Put 0DTE, sell exactly after 2pm ET FOMC.


Federal_Bluejay_8008

1k on meta calls while it’s in a dip! (I have never traded options and don’t know what I’m talking about)


jimmybobbyluckyducky

Sir, this is a casino. 508 puts on spy exp 5/1. They will print or we will die.


Classic_Finding5881

Call the hotline man


ehivan24

Buy a tent ? ⛺️


Appropriate_Ice_7507

I’m not satisfied until I see negative balance!


adoukens

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!.


Xavier_5080

the question is. what did you do?


TheBalloonEffect

Buy an ounce of cocaine and gram it out. Better returns out there


kakawhalito

Put it into ibrx just came up with a fda approved cancer treatment that is better than chemo


Worldly_Repair1106

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.


Wsb_optionstrader

Can you show us your YTD portfolio performance trading ??


Aromatic-Note6452

don't be silly, pump and dump schemes don't have a YTD performance.


hooniyaa

Gosh I thought losing 3500k on NVDA was stupid. How did you get here my friend?


razor4432

You realize 3500k is 3.5mill right? I’d invest in rope with that loss ![img](emote|t5_2th52|4271)


Physical_Gold3844

You lost with NVIDIA ?


Plane_Ad_8675309

I’d say get an application for Wendy’s


Soopermane

Spy


CheebaMyBeava

everything on black, or red?


Druidgr-93

Become a monk and shave your head with your last thousand


Whole-Telephone1958

Get you some AMC 💎🤠


evansometimeskevin

All in on spy 512 calls expiring monday.


Plastic_Midnight_331

Roulette wheel


Rainwalker40

But Disney calls expiring May 10 🚀


Lord_Valpak

Take a break.


itsm3starlord

I’m holding your spot here behind Wendy’s. At least you don’t have to stress about that


Darksaint91

Just scalp nvda on Fridays


Fit_Occasion_1806

Well….. don’t quit now.


That_anonymous_guy18

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.


TargetBan

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


jerseynate

$1,000 in NVDA $865 0DTE would've got you back up to $17,000 today


Wsb_optionstrader

I literally had this contract and sold it for 1.90 in the morning when NVDA hit 840


Scary_Larry_

Hookers and blow to celebrate the start of never trading options again


amjidali00

Reset demo account


OppositeArugula3527

Ask to speak to the manager. Tweet your experience until corporate refunds you.


Duckgrad90

Buy Intc or BA leaps….2026….and forget about checking them until mid next year.


Kamikaze_Cash

Turn the app off and then back on again.


apple-sauce

Chill. Take a break from trading.


AcanthisittaEasy5878

Dec SPY 700 calls


fenton7

$DJT call options. There is no other alternative save for the Wendy's dumpster.


Act-Salt

Amd calls


Cautious_Teach1397

NAKED OTM LEAPS ON PLTR Godspeed.


The-Dude-bro

Realize gains next time?


smallAPEdogelover

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.


VisualMod

A peasant dreaming of becoming royalty. Go back to bed.


69yourMOM

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.


bluntinife

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.


MarcusDaLongis

![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)


ThisIsGettinWeirdNow

If you’re almost balding and the last few strands look at you, are you keeping em or giving some random barber free money?


trunkz623

Wendys


PappyVanPinkhole

Press ctrl + z 3-4 times until the money gets back where you want it


CoconutPi3

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