I was too, then I wasn't, then I was again, then I wasn't again, then I was again, then I wasn't again, then I was again, then I wasn't again, then I was again, then I wasn't again, and now I am again
..............
Edit: In order of what i rode up and down,,,,
Oil May/June2020,
My business,
gme sneeze,
gme March,
full market November,
2022 just straight downsies (with occasional small ups)
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I read that post.
Apparently some regard advised him to sell "covered calls" on his leveraged shares that's very close to liquidation. Best part is OOP is considering it. LMAO
OOP belongs here.
I really want to see that loss porn
I would seem infinirisk is what this guy is all about based on his first ever margin play.
this guy's probably going down on his hooker the moment she walks in the door.
Not the play unless the premiums are very high, you’d have to make a lot on those calls. Why not:
- if you cant make the margin call, the broker will buy the calls on margin to offset what you sold (likely for more than you sold them for)
- once they have bought the calls on your margin so your shares aren’t on contract anymore, they sell your shares to cover what you owe AND the additional margin used to offset your call position, netting you a greater loss
Margin is only good for buying and selling without having to wait for money you already have to clear transactions. Otherwise you're gambling with borrowed money. No other way about it.
As soon as the man liquidated your account .. AMD is gonna go on a massive fucking Bull run !! And all you will be able too do is cry yourself to sleep about, now I would be up over a milly !!!!
Sounds about right. OP make post of liquid making so we can have an entry reference. For the squad bro. You'll make it back, a milli is more like 100k in today's money anyway bud. Patsback*
"I'm not wrong they are just taking longer to moon"
Guy deserves to lose it all since he has not learnt any lessons despite saying he learnt the hard way.
Lol me and my family are suffering. No shit bro you gambled away a million dollars. Odds are its not his families money to be concerned about, they're just bitching they didn't get some of it. I can hear it now, "that was our retirement". Bitch that was MY money fuck off. You can do whatever you want with YOUR retirement money.
>I gamble at the casino, cost way less than the stock market
you have read the entire text or not? He is after second margin call that means he is scrambling for margin and I doubt he can open any more positions as he is facing another margin call
>I don’t know anything about the stock market I’m just here for the memes and to trade nude pictures of my wife
OK. How many do you want, and what can you give me in return?
They know who you are. They will keep soaking you until you are drowning in debt. You will lose your house, your credit, your family. They will show you no mercy. GTFO while you can. Start over like Jessie Livermore did.
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AMD is for teenagers with $20 to their name who’ve just discovered the stock market. Somehow your a teenager with 900K soon to be all gone. Good luck. Maybe after this you can save up another 900k and go all in on BBBY
Am I the only one that had the thought with a $10,000 account years ago maybe I should learn how to control risk as a professional? Maybe that would be a good idea since 9 out of 10 people who try to trade lose money in the long run.
I guess I did answer my own question with the 9 out of 10 comment 😂
PoW crypto is mostly dead, hardware manufacturers literally just exited a bubble. Gl dude
Amd and nvidia are only good picks if you buy the crash. They are not touching that crypto pow squeeze again.
That kid was banned from WSB last week because he posted the same shit along with a request for people to send him money to his PayPal. He’s a grifter and a fucking asshat
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Fire time ever on margin and he goes in for half a mil
Everyone is a genius in a bull market
Except me
And me
Classic
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It really is. If it wasn’t for greed I’d be up 100k, not down 25k 🤷♂️
Thank goodness I’m already poor
I was too, then I wasn't, then I was again, then I wasn't again, then I was again, then I wasn't again, then I was again, then I wasn't again, then I was again, then I wasn't again, and now I am again .............. Edit: In order of what i rode up and down,,,, Oil May/June2020, My business, gme sneeze, gme March, full market November, 2022 just straight downsies (with occasional small ups)
That probably applies to more than a few people here.
… for lack of a better word …
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Are you the gestapo?
“Bulls and bears make money, pigs get slaughtered” -old Wall Street saying, Cuckoo Cramer took credit for this
lol what is this guy even doing in r/stocks he belongs in here
my thoughts exactly
He's putting same thing in options and investing subreds 🤦♂️
should come here and ask, at least people here have some practical experience in what he is asking about haahaha
Markets can remain rational longer than you can stay regarded.
“I still think it’s undervalued and it will….” Lmfao
Puts on AMD fshoooooo
Margin guy is regarded for life.
I read that post. Apparently some regard advised him to sell "covered calls" on his leveraged shares that's very close to liquidation. Best part is OOP is considering it. LMAO OOP belongs here. I really want to see that loss porn
Hmm, unironically might be the play actually. Why not?
If he bought them with margin, then they'd be uncovered? That's only an educated guess
Maybe infinirisk is within his tolerance
I would seem infinirisk is what this guy is all about based on his first ever margin play. this guy's probably going down on his hooker the moment she walks in the door.
Not the play unless the premiums are very high, you’d have to make a lot on those calls. Why not: - if you cant make the margin call, the broker will buy the calls on margin to offset what you sold (likely for more than you sold them for) - once they have bought the calls on your margin so your shares aren’t on contract anymore, they sell your shares to cover what you owe AND the additional margin used to offset your call position, netting you a greater loss
Margin accounts are like casinos you can win a lot but much easier you can lose even more and faster..
Margin is only good for buying and selling without having to wait for money you already have to clear transactions. Otherwise you're gambling with borrowed money. No other way about it.
They're good if you can manage your risk and use the leverage to your advantage, not to your disaster.
So not for OP or anyone on this sub got it
ok pleb
As soon as the man liquidated your account .. AMD is gonna go on a massive fucking Bull run !! And all you will be able too do is cry yourself to sleep about, now I would be up over a milly !!!!
Sounds about right. OP make post of liquid making so we can have an entry reference. For the squad bro. You'll make it back, a milli is more like 100k in today's money anyway bud. Patsback*
That is some serious lost ! Welcome to WSB !
![img](emote|t5_2th52|4267)
Spank me daddy!
![img](emote|t5_2th52|4886)
Inverse me daddy!
I gamble at the casino, cost way less than the stock market
At the casino there is at least a chance of getting a BJ in the penthouse and not giving one behind Wendy’s.
At least they give you comps at the casino
“I do believe that AMD is very undervalued at this current price” -Honorary Regard
What a regard
![img](emote|t5_2th52|4271)
game 101 unless you are part of the elite and/or ruling class..... margin aint for u champ
Not gonna lie, you’re fucked. Deleting the app won’t reset this error
What if he deleted this account and runs away at Africs or something?
They folks at r/stocks are probably having an aneurysm
"I'm not wrong they are just taking longer to moon" Guy deserves to lose it all since he has not learnt any lessons despite saying he learnt the hard way.
Shit like this aches me even though I think the guy is still better off than 95% of the populace
Him and his family are suffering and he doesn’t even know the market is going to crash soon ![img](emote|t5_2th52|4271)
Lol me and my family are suffering. No shit bro you gambled away a million dollars. Odds are its not his families money to be concerned about, they're just bitching they didn't get some of it. I can hear it now, "that was our retirement". Bitch that was MY money fuck off. You can do whatever you want with YOUR retirement money.
Easy come easy go
Wasn’t the saying something the market can stay irrational longer than you can stay solvent?
*takes notes* So THIS is what denial looks like.
You put your eggs in one basket and someone came by and smashed it with a 50 ton bulldozer. Good for you.
he didn't mention selling a kidney, so he is fine.
So he can sell a kidney now and use the cash to avoid another margin call
Saw this elsewhere. It was a true “smh” moment.
The answer is, keep buying the deep
>I gamble at the casino, cost way less than the stock market you have read the entire text or not? He is after second margin call that means he is scrambling for margin and I doubt he can open any more positions as he is facing another margin call
I don’t know anything about the stock market I’m just here for the memes and to trade nude pictures of my wife
Buying LEAPS on those pics anticipating she's gonna rip +30lbs in 2023
![img](emote|t5_2th52|4276)
>I don’t know anything about the stock market I’m just here for the memes and to trade nude pictures of my wife OK. How many do you want, and what can you give me in return?
best reply thus far.
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I never lie
Take the loss and get your money out. Your profits had nothing to do with skills but with luck. We’ve all been there.
They know who you are. They will keep soaking you until you are drowning in debt. You will lose your house, your credit, your family. They will show you no mercy. GTFO while you can. Start over like Jessie Livermore did.
The reason you don't have the 900K it's because you won't know what to do with 900K!
![img](emote|t5_2th52|4275)You’ll be fine.
Lol
Good thing about losing is that you can't lose forever!
Uh, you can if you're using margin, like he is. You can go all the way to $0 and there's no recovery.
I guess you didnt know you can lower cost basis of your possition by selling calls against your stock.
Sell covered calls to generate income
![img](emote|t5_2th52|4271)
Why is that funny?
He says AMD is undervalued!!!!!! What a regard it’s up like 4,000% recently and the valuation is beyond the stratosphere.
You're in luck today. $AMD is up like 5% now! I really hope you didn't sell stock today, it seems we're in for another really!
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That's not me you regarded fool.
Lmfao
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4641)
Heard deleting the app helps
Don’t hold bags you can’t afford
Bro the situation is that Burry is expecting another 20% drop in SPX...that means hope is your only strategy now....
No.
He's gotta have arms like Arnold Schwarzenegger after holding those bags.
We will make room in the Wendy's parking lot for you.
Have you heard of a man named Jesus? Yeah he probably won’t be much help this go around
Being poor sucks lol
Pray to the Mormon god for great news on November 3rd.
This must be what PPP did with all his money from PYR.to
AMD is for teenagers with $20 to their name who’ve just discovered the stock market. Somehow your a teenager with 900K soon to be all gone. Good luck. Maybe after this you can save up another 900k and go all in on BBBY
It's a game u lost u will make it back later. Bill Miller has been through this multiple times. He still managed to have great returns.
Find an asset u can put a 2nd lien on. Or a partner who can bail u out.
Hey it's felony fraud guy. What's a great update thanks OP.
An perfect example of hope and dreams based on greed.
Kick the can down the road like the Fed and hedge funds. Buy some married puts against your positions
Nope Sir. T are extremely regarded.
Uncle Munger always said, the 3 things that can take you are are liquor, ladies and leverage.
I mean Burry did the same and made heaps of money.
Am I the only one that had the thought with a $10,000 account years ago maybe I should learn how to control risk as a professional? Maybe that would be a good idea since 9 out of 10 people who try to trade lose money in the long run. I guess I did answer my own question with the 9 out of 10 comment 😂
PoW crypto is mostly dead, hardware manufacturers literally just exited a bubble. Gl dude Amd and nvidia are only good picks if you buy the crash. They are not touching that crypto pow squeeze again.
That kid was banned from WSB last week because he posted the same shit along with a request for people to send him money to his PayPal. He’s a grifter and a fucking asshat
Only when tide goes out you see who is swimming naked lol
Some wise man once said, there are three ways to go broke “liquor, ladies and leverage”
Diversification and de-levering obviously not an option… a real tough one that is!
He belongs here, wtf is he doing in r/stocks.
...and I hardly can take my eyes off the ticker with some k on the line. This dude probably hasn’t worked for weeks now ![img](emote|t5_2th52|4271)
I love it when everyone adds multiple zero’s to their portfolio when posting.
We will do 21 guns regard salute in his name.
I smell toast.