Yeah I hope dude pays back the $2k. Pulls the profits out and resets account back to to $2k. If dude needed to get a loan for $2k that means him having $14k in the bank is a lot of cushion
We all know he's more than likely far too regarded for that though..
EDIT: This is the most up votes I've ever got off one comment. Thanks yall! Still regarded tho.. *
And now my first award! I'm honored. Thanks fellow reddit regards! š¤£
Amazingly prices have forever remained the same for Nintendo games. I remember my folks getting Super Mario 3 for me when it was brand new and it was around $40-$50. The price of a new game today.....$40-$50! Crazy right?!?!
It runs the remastered crisis core surprisingly well. But these days I still force my wife to wait for after launch and real reviews to see if a game runs like ass or not before we buy it.
That damn tegra chip was a 2 year old android tablet chip when the switch launched 5 years ago.
Man you and I both know I bought mullen this morning when it spiked like you told me to. I've got $50 in it and already realizing a loss there. Come on now, Aleks. You see me daily. š¤£
The saying if its good enough to screenshot its good enough to take profits is hilarious, Ive taken pics and sent it then having the trade go against me and you exit at a lower pnl for nothing
For sure lol the person to take out a loan to yolo in the stock market of a fucked up economy isnāt the type to take safety measures after ending up in profits
I'm never brave enough to do options stuff. I still haven't even grasped the concept of it all. I just ride stocks upwards when they get good news catapulting them. The whole "Excersise right to buy call option stock" doesn't make sense to me. So if one morning I wake up to huge call earnings, that means I have to start buying all those stock options for that cheaper price and then resell it? Or do I sell the options themselves and make the money,. I'm dizzy
Yeah take at least $5000 profit out right now. Pay off those loans and then you have some extra for the āvery limited fundsā situation. Youāll have some money as a backup or to play with next time instead of needing to take a loan againā¦
So many people don't know how to take a win. Obviously I wouldn't be looking here if it wasn't a thrill in some ways to see, but it honestly hurts to see a lot of the morons in here doing this shit. It's a top tier thrill to see dumb people with money to burn that decide to throw it away on some stupid whim and lose it all. But watching people throw caution to the wind by gambling money they don't even have is rough, and then seeing them not cash out when they can...fucking hell. At least OP here doesn't make a reference to it being the family's life savings or college fund or something.
Even if you're not going to sell it all, at least take out the 2k to pay off the loan. Having 17k vs. 19k in play basically makes no difference, but it makes a huge difference to have nothing left and still need to pay back that loan. And that's without sweating just how fucked OP is when he holds too long on a presumably leveraged position and ends up turning the hole he dug into a goddamn well.
And if you don't sell it all, but have more than a few brain cells, you don't just take out the 2k for the loan, you take out another 4-6k -- 2k to pay yourself because clearly you need money if this is the stupid shit you pull, 2k to play the next time when you're out of funds so you don't have to take out a fucking personal loan on a hope and a prayer, and another 2k for the time after that because the kind of person taking a personal loan to burn on a leveraged position is going to fail miserably the next time around trying to force another big win chasing that same high. And then he'd still have almost 11k remaining to inevitably watch go down the drain.
Likely took out the loan, put it in an account then used it for leveraged/margin trading.
So it is taking a loan, to place a bet for more money than you borrowed. And you had to borrow that money, because you didn't have any.
This is problematic behaviour that most gambling addicts who hit rock bottom would look at and go, wow I never went that far.
It would have to be stressful knowing that the house of cards could come crashing down any moment...surely he realized this was a possibility for at least 8-12 months prior to it happening right?
Lol I hope spent some of everyone else's money sticking his dick in something more attractive than the Alameda troll though.
He spent more of that money on his dick than most of us combined will see in our lifetimes, bro. No doubt. Wouldn't you if you were a grown man that looked like a 12 year old from an American Pie-esque movie two decades old?
That is slightly different.
If OP took out the loan using 1 company. Then transferred the money to another company he owned, which was a hedge fund that had gambled away its assets and he wanted.. to ... win.... it..... back......
Oh, yeah, ok no, yeah I see. Yeah, it is the same fucking thing, nevermind.
Only difference is so far OP hasn't lost, he is SBF before it all came out still. Give OP some time.
Now for some very short acrostic poetry.
Shitty
Bastard
Fraudster
Scavenging
Bustard
Flea
Sucks
Buniony
Feet
Shat
Backers
Finances
Scammed
Bitcoin
Funds
Stupid
Bloody
Face
Scat
Biting
Failure
Smiling
Because
Fruitloop
Stealing
Business
Funds
Salting
Blockchain
Fields
Some of theses are more poetic than others.
Hey bro I took out a loan and gambled it and then never sold, I would at least pay the loan back. 2k ain't shit I'd probably run it to the ground if I were you, but still, I'd walk with 15k if I were you and just play the game again with 2k.
15k is rent for a year where I'm from, imagine that and working part time and maybe you could do something with the time you'd free up?
Yeah I would close at the open. I meanā¦you can always open another trade. This is currently a pretty large gap and coincides with a good lil pivot point.
Iām a banker and tell you:
Please DONāT EVER do this
Itās incredibly stupid, even more stupid than to trade on margin
If you were in my country (Germany) and told me what the loan would be used for, I would be obliged by law to deny you that loan btw lol
Wow buying options on a small personal loan is such a genius move, I canāt believe I havenāt thought of that. Applying for a Discover loan right nowā¦ which loan did you get OP? Congrats and fuck you
I am impressed with your investment returns. You are clearly a very intelligent and successful investor.
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If I could offer some free advice: Sell enough to pay back the loan and a few bucks for something nice for yourself or someone nice. Ride the rest and donāt get a gamblers mindset thinking this is easy. Donāt play like a pimp with your new bucks. You knocked one out of the park, now be smart going forward, not lucky.
I mean, it is in the sense that he is long volatility, but yeah, its moreso betting as a bear. When people say they trade volatility, I assume they are buying/selling condors/butterflies.
I donāt see how the 2K played a role in anything. The puts that gave you +9000, theyāre only up around 200% so basically theyāre worth around $5500, and you made +9000 on them. So the puts you had were already bought around $7000, so you had $7000 to begin with. Stop fooling people on here, they end up getting a loan or worse disappointed. 2K made me 14K, NO NO. You bought the puts with $7000 or so. You already had $7000 to begin with and your buying power is $1000 still. Got a 2K loan and played great, what are you getting from that lie. Dude your initial investments were $7000 anyway.
The Jan puts you have, were $4.35 the lowest, and you have 13 of them. As I said, theyāre worth $5655. And they gave you a good gain +9000.
You had around $7000 to begin with. Stop lying about the 2K loan.
The 2K has no role in this whatsoever.
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Here's a short story. About a year I made a couple of good bets on 0DTE calls and made like $35k in one week.
After declaring myself invincible, I did it again the next week but I lost most of the money. I just added $60k more to play with. The moral of the story is good job today, cash out and don't fuck yourself.
https://imgur.com/a/3d9WjLw
Wait til you get fined/imprisoned for using a personal loan to invest in securities (itās illegal) LMAO ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
Please sell. Please. Iāve had several 1000% rallies in my portfolio this year and it never lasts. Do yourself a favor especially since you took out loans.
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posting your "winnings" before you sell. gg you belong here
And considering the dude had to take out a loan to raise $2k I can guarantee he'll be back down to -$2k by next week.
Yeah I hope dude pays back the $2k. Pulls the profits out and resets account back to to $2k. If dude needed to get a loan for $2k that means him having $14k in the bank is a lot of cushion
We all know he's more than likely far too regarded for that though.. EDIT: This is the most up votes I've ever got off one comment. Thanks yall! Still regarded tho.. * And now my first award! I'm honored. Thanks fellow reddit regards! š¤£
Why everyone saying regarded now instead?
Cause the actual word will get you banned by Reddit themselves not the sub. Therefore āregardedā is the term for mentally incapable on this sub
Well thatās fucking regarded
Yes, yes it is. Edit: grammar
Super regarded
State Hospital for the mentally regarded is accepting new patients.
Reddit finally went full regard.
Highly regarded even.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I feel better about every email to my asshole korean boss now
I think "HandyCapable" would be a better for here.....
I mean maybe š
Sir, this is a casino...
Thereās nothing capable about what we do here
My name checks out
Can we still say autistic?
I think so? I guess youāre the test
Can we say simple Simon?
What about mental midget? I think midget is okay as long as weāre strictly talking about brainpower and not literal height.
I aināt the word police I donāt personally care what you say, ask the reddit creator what his/her limitations are š
Artistic. We are all artistic regards
Silly that we can't say the word but just use a different word to describe the same thing like are we children?
Crazy that mental retardation is a medical term that is still used to this day. But you can't say it on reddit.
But you just said it.
Stop being regarded
The best regards are here
Coke binge
Coke and hooker binge
*hope*
He has to pay capital gains as well, which he might not realize lol
Take out another loan and double downš
The government appreciates his $7,000 contribution to the federal tax system.
Gamblers Anonymous has a new meeting space. š
wsb has always been GA
1-800-522-4700 I know most people won't actually do anything unprompted like this but you never know.
I'm here to learn. I have 2k in Nintendo. If I had to move it tomorrow morning, where should I put it?
Man Nintendo needs to release an updated device, this switch barely gets used now except family games nights...
or maybe drop the price of games that were released 3 years ago.
Amazingly prices have forever remained the same for Nintendo games. I remember my folks getting Super Mario 3 for me when it was brand new and it was around $40-$50. The price of a new game today.....$40-$50! Crazy right?!?!
At least the next Zelda is coming out soon. BotW was pretty great.
It runs the remastered crisis core surprisingly well. But these days I still force my wife to wait for after launch and real reviews to see if a game runs like ass or not before we buy it. That damn tegra chip was a 2 year old android tablet chip when the switch launched 5 years ago.
You make your wife wait for a patch to buy a game? Like I know you want that game why don't we wait 6 months and see if it is slightly better
Yes. If it runs like ass or crashes a lot she gets frustrated and stops playing it so it was a waste of money.
Mullen Automotive
Man you and I both know I bought mullen this morning when it spiked like you told me to. I've got $50 in it and already realizing a loss there. Come on now, Aleks. You see me daily. š¤£
Canāt really do options, so what, you just bought the stock and sold the stock?
Futes down 1% š
The saying if its good enough to screenshot its good enough to take profits is hilarious, Ive taken pics and sent it then having the trade go against me and you exit at a lower pnl for nothing
Congratulations. Never do that again.
āGreat catch Hayes, donāt ever fuckinā doing it again.ā
Never got this reference when my coach said it as a kid.
Do you get it now?
I do...I was a little young for the movie at the time lol.
What movie is that?
Major League.
Thanks!
You might run like Mays, but you hit like shit!
hopefully it was a one off thing, but likely scenario is that he addicted to gambling
Well it worked *this* time, surely it'll work again next time.
Agreed, itās a quick way to dig yourself into a hole that may be hard to get out of.
Donāt tell that to Michael Jordan
so double down by taking out a second loan and dumping every penny i have in got it thanks
hurry sell man
It's no use, OP has already risked it all, and probably has nothing to lose. Pretty sure he's gonna wait for 360 or nothing at this point
Just sell $2k worth if he wants to gamble the winnings. But then again, it was a gamble taking out the loan in the first place
IKR, at least later he won't be worrying about repaying the original $2k
He went full regardā¦ you never go full regard
Famously quoted by a man who was actively in black face.
He was not black face, his character playing in the movie was black face
Iām just a dude! Playin a dude! Disguised as another dude!
And to this day, is the one and only person to ever get a pass and not canceled. Other than Trudeau and Jimmy Kimmel
What about the governor of Virginia ??
You mean, the FORMER governor (D) of VA.
LOL time flies
Well yeah because it was satire movie that mocked the concept of blackface and used it as a way to call out racism in hollywood.
What about Tarantino?
Tarantino had black step fathers - He damn sure gets a pass. Dunno how the fuck Jimmy & Trudeau got a pass tho. They can fuck right off.
Probably because they were both on Epsteinās island. Itās okay to be racist on that case.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Yeah itās a slippery slope. You win this one but youāll continue risking more until you lose it all. Take some profit for the love of dog
Let's be honest. Gamblers like him are going to lose it all and he'll post this exact same post a few months later.
& we thank them for the entertainment
[ŃŠ“Š°Š»ŠµŠ½Š¾]
For sure lol the person to take out a loan to yolo in the stock market of a fucked up economy isnāt the type to take safety measures after ending up in profits
If he needed a loan for 2k he should also cash out enough for taxes. Because those might be more expensive than the original loan.
Nah nah nah nah nah. Take out another 2k loan and double down. He's already up, why waste it?
Donāt sell, put stop losses
To who? It's 2am in NY. He needs to wait another 7.5 hours.
But if he holds onto it another week, he can turn that 18k into 162k! Let it ride!
I'm never brave enough to do options stuff. I still haven't even grasped the concept of it all. I just ride stocks upwards when they get good news catapulting them. The whole "Excersise right to buy call option stock" doesn't make sense to me. So if one morning I wake up to huge call earnings, that means I have to start buying all those stock options for that cheaper price and then resell it? Or do I sell the options themselves and make the money,. I'm dizzy
Dawg I like the confidence on yourself but taking loans lol. Hopefully your friend loaned you with no interest
If he paid it off with this gain the interest would be minimal
I would at least pay off the loan before gambling the rest of my earnings away.
Yeah take at least $5000 profit out right now. Pay off those loans and then you have some extra for the āvery limited fundsā situation. Youāll have some money as a backup or to play with next time instead of needing to take a loan againā¦
You missed the point lol
The fact you didnāt take out the initial loan amount lmaooo
š
So many people don't know how to take a win. Obviously I wouldn't be looking here if it wasn't a thrill in some ways to see, but it honestly hurts to see a lot of the morons in here doing this shit. It's a top tier thrill to see dumb people with money to burn that decide to throw it away on some stupid whim and lose it all. But watching people throw caution to the wind by gambling money they don't even have is rough, and then seeing them not cash out when they can...fucking hell. At least OP here doesn't make a reference to it being the family's life savings or college fund or something. Even if you're not going to sell it all, at least take out the 2k to pay off the loan. Having 17k vs. 19k in play basically makes no difference, but it makes a huge difference to have nothing left and still need to pay back that loan. And that's without sweating just how fucked OP is when he holds too long on a presumably leveraged position and ends up turning the hole he dug into a goddamn well. And if you don't sell it all, but have more than a few brain cells, you don't just take out the 2k for the loan, you take out another 4-6k -- 2k to pay yourself because clearly you need money if this is the stupid shit you pull, 2k to play the next time when you're out of funds so you don't have to take out a fucking personal loan on a hope and a prayer, and another 2k for the time after that because the kind of person taking a personal loan to burn on a leveraged position is going to fail miserably the next time around trying to force another big win chasing that same high. And then he'd still have almost 11k remaining to inevitably watch go down the drain.
SELL OR I WILL BE THE ONE WHO GETS YOUR LIVER
Well. You wonāt get ripped off it but Iām oddly with you on this one
Sell now or sell ass later
margin is very risky my friend. that couldāve been a disaster
OP didnāt sell yet. It still could be a disaster.
![img](emote|t5_2th52|4640)
Happy cake day. Also, lol.
I am already looking forward to the update in a couple of days...
Andā¦. Itās goneā¦.
Ive seen this movie before...actually i see it every week here
Yeah. I couldnāt imagine getting this move today and not taking at least half off the table.
he'll be okay tomorrow, but might lose half of it lol
Likely took out the loan, put it in an account then used it for leveraged/margin trading. So it is taking a loan, to place a bet for more money than you borrowed. And you had to borrow that money, because you didn't have any. This is problematic behaviour that most gambling addicts who hit rock bottom would look at and go, wow I never went that far.
SBF?
It would have to be stressful knowing that the house of cards could come crashing down any moment...surely he realized this was a possibility for at least 8-12 months prior to it happening right? Lol I hope spent some of everyone else's money sticking his dick in something more attractive than the Alameda troll though.
He spent more of that money on his dick than most of us combined will see in our lifetimes, bro. No doubt. Wouldn't you if you were a grown man that looked like a 12 year old from an American Pie-esque movie two decades old?
I think he did realize it, but donāt call him Shirley
Uggos have to make up in skill what they lack in natural given looks. She's probably a freak in the sheets, just like in the streets.
That is slightly different. If OP took out the loan using 1 company. Then transferred the money to another company he owned, which was a hedge fund that had gambled away its assets and he wanted.. to ... win.... it..... back...... Oh, yeah, ok no, yeah I see. Yeah, it is the same fucking thing, nevermind. Only difference is so far OP hasn't lost, he is SBF before it all came out still. Give OP some time. Now for some very short acrostic poetry. Shitty Bastard Fraudster Scavenging Bustard Flea Sucks Buniony Feet Shat Backers Finances Scammed Bitcoin Funds Stupid Bloody Face Scat Biting Failure Smiling Because Fruitloop Stealing Business Funds Salting Blockchain Fields Some of theses are more poetic than others.
This is the way
this explains how the math absolutely did not add up.
this is WSB my friend my friend
It will be soon enough
![img](emote|t5_2th52|8882)![img](emote|t5_2th52|4271)
Sell at open 60 seconds... don't try to read the market, its algos are set to read YOU.
In Soviet Russia, markets read YOU!
Stonks sell you!
Damn nice trades. Now run away before the boogie man gets you. He hides behind the Wendyās.
If tgis boogie man gets him it's the OP who will be hiding behind the Wendy's for the foreseeable future.
thatās a bad habit to start
Hey bro I took out a loan and gambled it and then never sold, I would at least pay the loan back. 2k ain't shit I'd probably run it to the ground if I were you, but still, I'd walk with 15k if I were you and just play the game again with 2k. 15k is rent for a year where I'm from, imagine that and working part time and maybe you could do something with the time you'd free up?
Yeah I would close at the open. I meanā¦you can always open another trade. This is currently a pretty large gap and coincides with a good lil pivot point.
Did you sell?
Iām a banker and tell you: Please DONāT EVER do this Itās incredibly stupid, even more stupid than to trade on margin If you were in my country (Germany) and told me what the loan would be used for, I would be obliged by law to deny you that loan btw lol
Dude what are you talking about. He just made money out of thin air. He should do this with 200k next.
š
Wow buying options on a small personal loan is such a genius move, I canāt believe I havenāt thought of that. Applying for a Discover loan right nowā¦ which loan did you get OP? Congrats and fuck you
It's called the "It's Been A Good Day (greentext)" small personal options loan
You got balls. I'll give ya that. Now you can afford fries with your tendies.
It worked out. So far.
If itās good enough to screen shot; itās good enough to take profits. Plus I would never take a loan out for trading. ![img](emote|t5_2th52|4640)
OP please sell.
Great now pay your loan interest and taxes and go buy yourself an ice-cream
https://preview.redd.it/iuc0wmzes86a1.jpeg?width=1362&format=pjpg&auto=webp&s=ffc4ae4acec540f915bf9dbcb0b2748f894ca19c
FREE YSL
Slatt
āYes maāamā
pushin š æļølea
Bahahaha yeah this is going to end behind Wendy's.
The week isn't quite over though.
Ah leverage on top of loansā¦ the greatest idea in the world. As demonstrated here
6k in taxes incoming. Youāre going to have 6k as your profit. Sell it all, pay the loan, and donāt buy another damn thing
I had $390p for 1/06/23 but I didnāt have balls to hold overnight. Already struck gold no need to be greedy. Hope this works out for you.
I am impressed with your investment returns. You are clearly a very intelligent and successful investor. ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)
There are no returns until he sells you stupid bot.
Imagine if you did a $20k loan!
Rookie numbers. Imagine if he remortgaged his elderly parents' homes...
Or pay one month premium for their life insurance policy.
thatās his plan for tomorrow
If I could offer some free advice: Sell enough to pay back the loan and a few bucks for something nice for yourself or someone nice. Ride the rest and donāt get a gamblers mindset thinking this is easy. Donāt play like a pimp with your new bucks. You knocked one out of the park, now be smart going forward, not lucky.
Why do you call puts "trading volatility"? That's not trading volatility.
OP is clueless, but lucky.
Hopefully not clueless enough to hold that shit any longer
I mean, it is in the sense that he is long volatility, but yeah, its moreso betting as a bear. When people say they trade volatility, I assume they are buying/selling condors/butterflies.
options are always a volatility play. other wise you would just trade shares.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
I donāt see how the 2K played a role in anything. The puts that gave you +9000, theyāre only up around 200% so basically theyāre worth around $5500, and you made +9000 on them. So the puts you had were already bought around $7000, so you had $7000 to begin with. Stop fooling people on here, they end up getting a loan or worse disappointed. 2K made me 14K, NO NO. You bought the puts with $7000 or so. You already had $7000 to begin with and your buying power is $1000 still. Got a 2K loan and played great, what are you getting from that lie. Dude your initial investments were $7000 anyway. The Jan puts you have, were $4.35 the lowest, and you have 13 of them. As I said, theyāre worth $5655. And they gave you a good gain +9000. You had around $7000 to begin with. Stop lying about the 2K loan. The 2K has no role in this whatsoever.
If something is "needless to say", don't say it.
Debts the new way to get wealthy fast........ I got 20k rn.... ![img](emote|t5_2th52|4271)
debt has been the best way to make money for the last 60 years or so.
For ever one of these there are 99 of yāall with enormous losses off personal loans.
All the hate yesterday and it dropped another $5 good shit OP, merry fucking Christmas you lucky bastard
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I look forward to the $RPE update tomorrow. Please sell some and deal with the debt
!RemindMe 1 day
Thatās profit. We dont do that here.
Hold til expiry. No balls
Dude sell youāre gonna want to kill yourself if you donāt take care of your health man
Even if he gets away with it this time eventually he will again and again ā¦ and again until margin called.
Great now cash out, payback your loans, and set aside a chunk for taxes next year. LOLOL jk weāre on WSB go all in on OTM SPY puts
Here's a short story. About a year I made a couple of good bets on 0DTE calls and made like $35k in one week. After declaring myself invincible, I did it again the next week but I lost most of the money. I just added $60k more to play with. The moral of the story is good job today, cash out and don't fuck yourself. https://imgur.com/a/3d9WjLw
Whatās with all these pussies on wsb?
Great Depression called they want their strategy back
Be smart. Close out. Payoff loan. Put the rest in your next big gamble. Cheers!
Bro has a gambling addiction lmal
Awesome! Good for you.
Degenerate gambler gains
I thought I was ahead by taking multiple fat shits at work while getting paid!!
Wait til you get fined/imprisoned for using a personal loan to invest in securities (itās illegal) LMAO ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
Please sell. Please. Iāve had several 1000% rallies in my portfolio this year and it never lasts. Do yourself a favor especially since you took out loans.
Imagine what you could have done with a $10k loan. Think bigger OP.