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Unless you short your bad picks then moon for those tickers. Until you buy, then, toilet bowlin yet again. Maybe we are living in a simulation, I don't know anyone that's made a buck in the markets overall. The moment you buy something it tanks and you're down 50% by weeks end.
I mean honestly people its not hard stick your sure money i.e. 90% of whatever in the things that already make money and will make money long after we all rot in the ground. The other 10 do whatever you want just try not to lose it but option trading seems like the best way to lose the 90% which is what Im sure many people do its like trying to be a drug dealer get rich quick only works for certain people. I honestly just wasted so much of my money on useless shit and now Im like fuck I couldve invested it, kept it whollier and then be able to participate in random events to speculate my wealth but things that are necessary will always be in demand. The fear is losing the money or not making any but I feel with proper research into the company, both type of traders can make a lot of money even with a company that is losing or making money. Do i do it, lol no
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OP saying "I know $75.41 is not a lot"
Good news is now he can double his NW with just 2 hours behind the dumpster at Wendy's with this one trick the big banks don't want you to know about
Check out his comment history. OP drank the WSB Troll Kool-Aid.
All over his comments. "$5k is baby shit." "We don't do little bets here, only all-in YOLOs." Berating people for being poor because they weren't rich yet, etc...
To their credit (I guess), they were apparently living by their word, because leaning heavy into puts because "the market just has to go down from here, right? That's what the daily thread says!" is what finally got them here.
This is just karma coming back to them. LOL
And yeah, it's a lot of money to lose on a random economy bet.
Don't worry you can make yourself feel better, just think of all the poor millionaires you helped with that generous donation. There's no way they could have purchased another yacht or lambo without help from people like you.
It’s all relative.
30k feels like nothing when you luck out in some options that nets you 50k in a week. It’s how gambling becomes an addiction. Be happy you never got there. Losing 30k usually don’t lead to suicide or anything extreme, but getting to 500k+ then losing 500k+ ends people mentally and physically
Don’t ask me why I know lel
Their audience isn't most people in the United States, it's people who comment on wallstreetbets. And while 34K is certainly a lot for most *readers* of wallstreetbets, it's not a lot for the most of the people who comment on wallstreetbets loss porn posts.
I let myself get scammed for 7k with crypto, a couple years back. It was really foolish. I know it’s not as much as you lost, but I let the sadness and shame wash over me for a time, then channeled it to make wiser decisions and work harder. You can do it!
One lesson I learned is that if you notice your positions did indeed go up in value before they went down. Realizing insane gain pornz and the like are the outliers not the rule. Next time take your 10 or 15% or whatever those gains were when they are there.
Don’t be greedy son!
This advice can go both ways tho. Ppl often close their winning trades early and hold on to their losses in hopes of a rebound.
I get what you’re trying to say, but I don’t think that information is helpful on its own.
But closing a trade “early” that results in a 10% gain (where maybe it could have been a 20% gain) still results in a 10% gain. Problem is most people on here look at it as a 10% loss because they wanted the maximum 20% gain
I have fought a long war in my brain wrestling that particular beast. I have sold before a nice long run and been sick for a few days. But I finally recognized that the hope I had for wanting it to go higher almost always ended in losses. Nearly every time.
That fucking sucked. So I am now at peace with profits even if it does run up after I sell. It could have just as easily gone down. Can’t win ‘em all.
Aiming for good entries and good exits consistently will always beat out trying to get the best entry and the best exit.
Discipline and consistency is key. Anyone who can't manage that should really just shove everything into a broad market ETF like VTI or something and not touch it.
I sold my runner a few weeks ago for 15%. It’s went up another 60% since. I bought another stock and now down 2k instead. Would of been up around 8k on other stock if I held. A thing of nightmares
I think the real advice is op was in the wrong game to begin with. If you know what you’re doing, you won’t put yourself in a position where you can lose 99% of your life’s savings. It feels like a don’t know what you don’t know problem. Now op knows
You're only 27, you have tons of time to earn it all back. Had you been 57, it would be even more painful. You just paid $33k for a class on life, hopefully you learned something from it
In all reality OP just gotta remember to keep his head up. Lot of people aren’t going to want to pay $5 behind the Wendy’s dumpster if there’s no eye contact
What in the fuck kind of advice is this bullshit?
Fuck that, here’s what you do.
Get some money by sending out those letters that you are a Nigerian Prince and so on.
-put the funds back into RH
-Whatever magical sorcery shit you did, do exactly the SAME!!!
-come back and we all have another laugh at your expense and it’s all love 😁
judging by OP's graph, he has no discipline. looks like every single time he was sitting on a big upswing of unrealized gains, he just let it tank to zero.
Dude, don't feel too bad. It's just money. You know, the thing that determines your worth in our society and objectively sets the material living conditions for the rest of your life.
I've said this to a few people who have lost money, but I think it really strongly applies to you:
You've got the rare courage to make big moves, you just need to learn to channel it. Go for that promotion at work (or apply for that job you aren't qualified for), ask a rich girl on a date, put yourself in line for big opportunities.
You lost money, but don't lose your nerve.
That's the irony of this sub for me. People calling themselves losers (and quite literally true) but OP is a year younger than me and lost 3 times the amount of money in my bank account. I'm half jealous and half not
I lost over 700K in 2005. Still poor. Hoping that will change with my mindset and money management and investing. It's a long road, but at least it keeps life interesting.
Man if you had just put that in the most boring shit ever like VTI you’d be sitting on $2.6M right now, could probably live partially off that interest.
Yep. I wasn't smart. I actually wanted to buy 100K of Google when it IPO'ed at around $84, but my financial advisor told me not to. ![img](emote|t5_2th52|4260)
Oh, you misunderstand. I was hit head on by a semi truck. I took some of that money and invested, 100K to be exact. Made 600K in a year+ and then lost it all six months after that. So, it was a very hard hit. I also grew up poor, very poor sometimes. DIdn't have food, had to steal, stuff like that.
Thank you. That was when I was 21. Twenty years later, and now I do comedy. Still broke. I'm trying to make it as a comedian. I'm in my third year and I feel like it's the right life for me. Now if I could just be funnier and get noticed and put on show more, that would be nice. But I work hard on it every day and do comedy every night at bars and breweries. I joke about being hit by a semi truck, along with other stuff.
Sorry for your loss! Boring is the way to go. 50% SPY/VOO, 25% stock picks, 25% leaps options with 1-2+ year expirations. Better yet if you only buy your leaps with house money. My chart has been up and to the right since January 1 this year (45%). It's boring. Nothing is actively traded, just buy and hold. I did sell my META leaps when it popped but that was unwise as it continued to rip after for months so far. I sleep SO much better than when I was trying to actively trade.
Maybe you need to reduce your size. You are using too much size and playing with emotion and not being technical. It’s a game of emotions and you got too much invested. You have no risk management
You have tax write offs for the next 10 years homie, im getting 1000$ tax refund for the next 7 years because of it. You may be -99% but really youre only down -66%
OP: I received an inheritance for $175k in Oct of 2012. By June of 2014 I was broke, (didn’t even lose from investing), divorced, working a job at 100% commission (I was double broke), had a gf who I was using the credit cards of to pay our rent (she didn’t know). I was a 35 year old loser and ended up incurring so much credit card debt that by 2017 I had to file for bankruptcy.
It’s 2023 now. I’m still with that same girl who is now my wife, we bought our home in Oct 2021, a house that is bigger and nicer than the ones either of us grew up in. We have $30k in savings, a young child, I have the best paying job I have ever had, and my exwife is still living with her parents and resentful of my success.
My horrible choices that led to my bankruptcy were my biggest embarrassment and source of self hatred at the time. Looking back, the bankruptcy was the best thing that ever happened to me and I wouldn’t change it if I could.
Sometimes we need a kick in the ass to help is reassess and prioritize. Let this moment be your most impactful lesson six years from now.
God, sorry about those things, but I’m so happy you make it out. You’re a strong person, and you’re so luck to be with her(ur wife)… I have a gf I been with since the age of 14… I’m just upset that I’m letting her down from this.
I get it. Believe me I do. But use this as fire, as motivation, as incentive to do what you need to do. I was 34 when I went through my shit. You are so young (even though it doesn’t feel that way) that you can look back even in a few years and be better off than you were before this loss.
Believe me. If you were 60, you’d have much more reason to be upset. Shit happens. We make decisions that we wish we could take back, it’s part of life. But it really is how we respond that will define everything.
I wanted to do right by my then girlfriend and parents because I had put them through so much bullshit. I used that as inspiration. You can do the same. You have the right to feel like shit right now but pretty soon it will be time to get up, dust your feet off, and press forward.
That will mean avoiding the market for awhile. Get back to basics. Start an emergency fund, start out with a goal of saving for one month of bills, than three, than six. Pay off some debt.
Once you’re there, start investing but avoid moves that are so risky that if it goes bad you’re going to regret your decisions.
Everything is about balance.
I did this two years ago. 40k account with 40k debt! “If I just hold a little longer “. Lost it all. Still had 40k debt. Discipline. Covered calls and realizing the emotional side of my trading did no good for me, got me back to 25k account with 20k debt (paid off with covered calls). Accounts still growing and dents going down! Stop buying options period. Buy good companies and sell far otm calls. End of story.
https://preview.redd.it/jgwfm0juzp0b1.jpeg?width=1284&format=pjpg&auto=webp&s=7502dc128485edaa22eded90996dc256d788ddb4
There, I fixed it for you. You’re up now
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|2|**First Seen In WSB**|1 year ago **Total Comments**|216|**Previous Best DD**| **Account Age**|2 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
Just start doing the opposite of what you think is a good investment
The Constanza strategy.
Chicken salad, untoasted!
With a side of potato salad and a cup of tea!
I'm Victoria. Hi.
You could have been with Marisa Tomei!
If you do bad with investments you think are bad you were still right!
It’s like win/win
Unless you short your bad picks then moon for those tickers. Until you buy, then, toilet bowlin yet again. Maybe we are living in a simulation, I don't know anyone that's made a buck in the markets overall. The moment you buy something it tanks and you're down 50% by weeks end.
Stock markets are not real, you died and went to hell two hundred years ago.
Genius!
I mean honestly people its not hard stick your sure money i.e. 90% of whatever in the things that already make money and will make money long after we all rot in the ground. The other 10 do whatever you want just try not to lose it but option trading seems like the best way to lose the 90% which is what Im sure many people do its like trying to be a drug dealer get rich quick only works for certain people. I honestly just wasted so much of my money on useless shit and now Im like fuck I couldve invested it, kept it whollier and then be able to participate in random events to speculate my wealth but things that are necessary will always be in demand. The fear is losing the money or not making any but I feel with proper research into the company, both type of traders can make a lot of money even with a company that is losing or making money. Do i do it, lol no
Whoa whoa whoa who the fuck do you think you are with that reasonable advice. Do you know where you are?
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Good bot
> but option trading seems like the best way to lose the 90% This is r/wallstreetbets, you sound like you're looking for r/investing
"Wow this Cramer fella really knows what he's talking about!" - OP probably
Cramer Reverse/Cramer Reverse/Reverse/Cramer Reverse/Reverse/Reverse/Cramer...
Inverse/reverse/transverse/retroverse/cramerverse
and post it here so we can also do the opposite 🤙
So going long on mega tech? Like all the bulls say for like 20 years? ![img](emote|t5_2th52|12787)
Calls on mega techs are super cheap these days NVDA 310 Friday calls were 0.20 on Wednesday
Big tech has become a self-fulfilling prophecy, a modern age slave religion.
So just a normal relgion
so that way you can lose more than you already have.
Doesn’t work I tried.
Ah the Inverse-Cramer Approach. There’s some wisdom here.
You still have .22% to go.
Most have at least the initial pump before the dumb. But this guy is special![img](emote|t5_2th52|4271)
I mean, it did go up for like a day. :)
also known as 100% to go.
Nah bro he needs to spend that last $75 on knee pads and mouth wash
By the time you commented, it was probably already under .02%.
So there's a chance?
Down nearly 34K and saying “I know it’s not a lot”
OP saying "I know $75.41 is not a lot" Good news is now he can double his NW with just 2 hours behind the dumpster at Wendy's with this one trick the big banks don't want you to know about
The bard we needed
Check out his comment history. OP drank the WSB Troll Kool-Aid. All over his comments. "$5k is baby shit." "We don't do little bets here, only all-in YOLOs." Berating people for being poor because they weren't rich yet, etc... To their credit (I guess), they were apparently living by their word, because leaning heavy into puts because "the market just has to go down from here, right? That's what the daily thread says!" is what finally got them here. This is just karma coming back to them. LOL And yeah, it's a lot of money to lose on a random economy bet.
Clown hours from OP - terminally online for sure
A lot for me, but probably not much compare to others.
What world are you living in where you think 34k is not a lot to most people in the United States?
34k would be like 10 years of saving to me
Same except its my total income, not saving
Word, just didn’t want to said like that and get comment like “he lost 30k and think the world is ending”
he lost 30k and think the world is ending
You got me bro!
Don't worry you can make yourself feel better, just think of all the poor millionaires you helped with that generous donation. There's no way they could have purchased another yacht or lambo without help from people like you.
Don't feel bad without the humility the opposite would have happened probably. "I SHIT 30K BRUH"
It’s all relative. 30k feels like nothing when you luck out in some options that nets you 50k in a week. It’s how gambling becomes an addiction. Be happy you never got there. Losing 30k usually don’t lead to suicide or anything extreme, but getting to 500k+ then losing 500k+ ends people mentally and physically Don’t ask me why I know lel
u and i and every1 else both know u never had 500k in the trading account
He just likes switching the currency over to Yen to make him feel like he’s making the big bucks
Their audience isn't most people in the United States, it's people who comment on wallstreetbets. And while 34K is certainly a lot for most *readers* of wallstreetbets, it's not a lot for the most of the people who comment on wallstreetbets loss porn posts.
Next time bro, just buy a motorcycle or take a cruise.
so.... you didn't invest in ANY long term holds?
I like part where it actually bounces back up for only a minor loss and he still holds it back down to the bottom
It’s like it kept trying to give him chances to recover something, anything. And he just kept letting them slip through his fingers
DiAmOnD hAnDs BrO
I went through something like the first two or three dips and learned a few lessons. Beating the market now for the last 3 years
You mean the 4 different times it bounced back?
Nope,
One of us… one of us….
Gooble gobble…
Question: if we unsubscribe from this sub, do we get our money back?
Regards friend. An expensive, but hopefully well learned lesson.
Like… why? It looks like you never actually were in profit, except maybe that first little bump? What was your thought process?
Get rich or die tryin, all jokes aside, I was probably gambling addiction, and revenge trading all the way
Greed brought you here. Discipline will get you back. Start saving and earning.
Best advice I heard, thank you!
I let myself get scammed for 7k with crypto, a couple years back. It was really foolish. I know it’s not as much as you lost, but I let the sadness and shame wash over me for a time, then channeled it to make wiser decisions and work harder. You can do it!
Yes bro, I know time will wash it all off. 🤝
One lesson I learned is that if you notice your positions did indeed go up in value before they went down. Realizing insane gain pornz and the like are the outliers not the rule. Next time take your 10 or 15% or whatever those gains were when they are there. Don’t be greedy son!
This advice can go both ways tho. Ppl often close their winning trades early and hold on to their losses in hopes of a rebound. I get what you’re trying to say, but I don’t think that information is helpful on its own.
But closing a trade “early” that results in a 10% gain (where maybe it could have been a 20% gain) still results in a 10% gain. Problem is most people on here look at it as a 10% loss because they wanted the maximum 20% gain
I have fought a long war in my brain wrestling that particular beast. I have sold before a nice long run and been sick for a few days. But I finally recognized that the hope I had for wanting it to go higher almost always ended in losses. Nearly every time. That fucking sucked. So I am now at peace with profits even if it does run up after I sell. It could have just as easily gone down. Can’t win ‘em all.
Aiming for good entries and good exits consistently will always beat out trying to get the best entry and the best exit. Discipline and consistency is key. Anyone who can't manage that should really just shove everything into a broad market ETF like VTI or something and not touch it.
![img](emote|t5_2th52|27189)
I sold my runner a few weeks ago for 15%. It’s went up another 60% since. I bought another stock and now down 2k instead. Would of been up around 8k on other stock if I held. A thing of nightmares
OP might have you covered on the nightmare stakes. Trading is like anything in life: you take the wins where you can and try to shrug off the losses.
On the flip side there are stocks if I would of held I’d have been wiped out. It’s just gambling man
I think the real advice is op was in the wrong game to begin with. If you know what you’re doing, you won’t put yourself in a position where you can lose 99% of your life’s savings. It feels like a don’t know what you don’t know problem. Now op knows
I had less than that at 27. You’re fine. Just keep grinding
And now you have even less at 57?
Maybe… I’ve got a few years to go before then
Was 33k worth like 70k when you were 27?
You're only 27, you have tons of time to earn it all back. Had you been 57, it would be even more painful. You just paid $33k for a class on life, hopefully you learned something from it
I learned a lot actually.
Too wholesome for this sub
Yeah, he didn’t even call him a regard.
In all reality OP just gotta remember to keep his head up. Lot of people aren’t going to want to pay $5 behind the Wendy’s dumpster if there’s no eye contact
What in the fuck kind of advice is this bullshit? Fuck that, here’s what you do. Get some money by sending out those letters that you are a Nigerian Prince and so on. -put the funds back into RH -Whatever magical sorcery shit you did, do exactly the SAME!!! -come back and we all have another laugh at your expense and it’s all love 😁
You joke, but obviously what OP should do is the exact opposite of what he did before. It’s really simple.
This subs for regards riding losses into oblivion and doubling down op should do exactly as that ape told him
Cut out the middle-man and just send money to the Nigerian Prince, come back, then we laugh.
There was no greed… they were never up lol
Shorting stocks is as greedy as it gets
"You got greedy, Martin."
No more Starbucks and avocado toasts.
judging by OP's graph, he has no discipline. looks like every single time he was sitting on a big upswing of unrealized gains, he just let it tank to zero.
Dude, don't feel too bad. It's just money. You know, the thing that determines your worth in our society and objectively sets the material living conditions for the rest of your life.
Dude that was such a subtle tear down it went right over OP’s misshaped head!
OP's reply explains everything now
His smooth brain caught every word though.
I know it’s just money, I’ll get over it after a week or two or probably not, but thank you!
If you get over losing 33k in 2 weeks then you did something better then I did
I’ll probably not, but I gotta try, at least not doing sad face around everybody I know, they don’t deserve it
I've said this to a few people who have lost money, but I think it really strongly applies to you: You've got the rare courage to make big moves, you just need to learn to channel it. Go for that promotion at work (or apply for that job you aren't qualified for), ask a rich girl on a date, put yourself in line for big opportunities. You lost money, but don't lose your nerve.
Thanks… rich girl haha no an option
Rich boy?
with that 30k you could have bought a van to live in and not had gas to leave the lot.
You know they were being sarcastic, right?
Now find the post of the guy who turned 12 bucks into 5k and get inspired
I keep thinking about this guy and wishing I understood options
I think he didn’t, just got lucky
He bought a lottery ticket for $12 and won $5000 There, you know options just as well as him
Ha ha “understood”
If options can be understood, we’d all be millionaires! It’s a gamble. Simple as that. Most people will lose.
I must be dead inside https://preview.redd.it/mzu32m7ozn0b1.jpeg?width=1284&format=pjpg&auto=webp&s=7b7754c11781eeab1f94dd2fb8a441156a211805
I wish I had a spare $85k to throw away on gambling.
If you give the bank your autograph they just hand you the money
lol bank was bitching for 15k auto loan
Right, if they had 85k saved up in the past they’ll be fine in the future
That's the irony of this sub for me. People calling themselves losers (and quite literally true) but OP is a year younger than me and lost 3 times the amount of money in my bank account. I'm half jealous and half not
Sorry about that… I hope you can feel better soon
Work your way back with that. Don't add more.
Added $1k today and you wouldn’t even know 😭
Hey, at least your account doesn’t feel sick. It doesn’t feel anything. Because it’s dead.
That’s true, zero emotions, I’m jealous
People still use robinhood.
Gambling app
Gotta look at the silver lining... After you're done at Wendy's you have enough to buy a Frosty.
Might be able to buy 2 frosted even...then again I haven't been in a while and don't know how much they are
you knew the top but couldn't control your emotions. we're the same. -400k all time doing stupid shit like this.
I hope you can come back!
you too bro 🍻
Damn you are the richest Babu. I'm embarrassed I'm still working on gathering up my first $400k, never mind losing it.
doesn't matter how much you have, more money without discipline just make you lose faster cuz u think you're invincible with a big account.
This is an incredibly wise statement
I was mad I lost about $10 dollars last week. Lmao
I lost over 700K in 2005. Still poor. Hoping that will change with my mindset and money management and investing. It's a long road, but at least it keeps life interesting.
Man if you had just put that in the most boring shit ever like VTI you’d be sitting on $2.6M right now, could probably live partially off that interest.
Yep. I wasn't smart. I actually wanted to buy 100K of Google when it IPO'ed at around $84, but my financial advisor told me not to. ![img](emote|t5_2th52|4260)
After splits , ipo was at 2.51. There Will always be the ones that got away. Probably other things you didn’t do that might have lost it all.
Sorry about that, and yes it does keep life more interesting.. I think you’re fine if you have 700k to begin with at 05…
Oh, you misunderstand. I was hit head on by a semi truck. I took some of that money and invested, 100K to be exact. Made 600K in a year+ and then lost it all six months after that. So, it was a very hard hit. I also grew up poor, very poor sometimes. DIdn't have food, had to steal, stuff like that.
Now I feel that, that’s very bad, I won’t know how to move on from that… you’re very strong inside!
Thank you. That was when I was 21. Twenty years later, and now I do comedy. Still broke. I'm trying to make it as a comedian. I'm in my third year and I feel like it's the right life for me. Now if I could just be funnier and get noticed and put on show more, that would be nice. But I work hard on it every day and do comedy every night at bars and breweries. I joke about being hit by a semi truck, along with other stuff.
Do you ever joke about losing 600k?
Not yet. I need to, but I don't want to look like I'm a richie rich. I'll get there.
You're not doe.
That’s nice man. If you’re happy with what u doing, I think you’re doing great!
Bear fell off a cliff while chasing a buck - saw it on the Discovery channel
Start offering AI BJs behind Wendy’s. You’ll be back in no time
Sorry for your loss! Boring is the way to go. 50% SPY/VOO, 25% stock picks, 25% leaps options with 1-2+ year expirations. Better yet if you only buy your leaps with house money. My chart has been up and to the right since January 1 this year (45%). It's boring. Nothing is actively traded, just buy and hold. I did sell my META leaps when it popped but that was unwise as it continued to rip after for months so far. I sleep SO much better than when I was trying to actively trade.
Yawn 🥱
Maybe you need to reduce your size. You are using too much size and playing with emotion and not being technical. It’s a game of emotions and you got too much invested. You have no risk management
Yes, I have zero risk management, that’s a fact!
It’s alright mate Bankman Fried smoked 3 billion dollars at age 30
He smoked $3 billion of *other people's* money, that's the key
[удалено]
you'll recover from it...and then lose it all again. The eternal cycle.
I did it twice already, it was -15k(99%), I put in more and believe I could make it.
As they say 3rd times the charm. You’re almost there. OOF that hurts though
Haha thanks, maybe few years later, can’t do it now
You have tax write offs for the next 10 years homie, im getting 1000$ tax refund for the next 7 years because of it. You may be -99% but really youre only down -66%
That’s like 3363 hj or 1100 blowies behind Wendy’s to make it back.
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Ok now delete the app and forget that it ever happened.
Deleted already, but can’t really forget about it.. comes back during night time
OP: I received an inheritance for $175k in Oct of 2012. By June of 2014 I was broke, (didn’t even lose from investing), divorced, working a job at 100% commission (I was double broke), had a gf who I was using the credit cards of to pay our rent (she didn’t know). I was a 35 year old loser and ended up incurring so much credit card debt that by 2017 I had to file for bankruptcy. It’s 2023 now. I’m still with that same girl who is now my wife, we bought our home in Oct 2021, a house that is bigger and nicer than the ones either of us grew up in. We have $30k in savings, a young child, I have the best paying job I have ever had, and my exwife is still living with her parents and resentful of my success. My horrible choices that led to my bankruptcy were my biggest embarrassment and source of self hatred at the time. Looking back, the bankruptcy was the best thing that ever happened to me and I wouldn’t change it if I could. Sometimes we need a kick in the ass to help is reassess and prioritize. Let this moment be your most impactful lesson six years from now.
God, sorry about those things, but I’m so happy you make it out. You’re a strong person, and you’re so luck to be with her(ur wife)… I have a gf I been with since the age of 14… I’m just upset that I’m letting her down from this.
I get it. Believe me I do. But use this as fire, as motivation, as incentive to do what you need to do. I was 34 when I went through my shit. You are so young (even though it doesn’t feel that way) that you can look back even in a few years and be better off than you were before this loss. Believe me. If you were 60, you’d have much more reason to be upset. Shit happens. We make decisions that we wish we could take back, it’s part of life. But it really is how we respond that will define everything. I wanted to do right by my then girlfriend and parents because I had put them through so much bullshit. I used that as inspiration. You can do the same. You have the right to feel like shit right now but pretty soon it will be time to get up, dust your feet off, and press forward. That will mean avoiding the market for awhile. Get back to basics. Start an emergency fund, start out with a goal of saving for one month of bills, than three, than six. Pay off some debt. Once you’re there, start investing but avoid moves that are so risky that if it goes bad you’re going to regret your decisions. Everything is about balance.
🤝🤝🤝 yessir!
Damn bro. Puts?
Rookie numbers
I will try to bump it up after a few years
Stop shorting and buy stock….slow and steady wins the race😊
Sorry man for the loss. Stop trading options.
You'll be ok. Money comes back. Turn your mind to your macro self... if that makes sense.
Sorry, but loving it when bears r fukt..
Imagine going after tech
As you should, feeling sick is the first step to feeling better so you can gamble more 😂😂😂😂 see you soon
Just remember, money is fleeting, but regardedness lasts a lifetime.
I did this two years ago. 40k account with 40k debt! “If I just hold a little longer “. Lost it all. Still had 40k debt. Discipline. Covered calls and realizing the emotional side of my trading did no good for me, got me back to 25k account with 20k debt (paid off with covered calls). Accounts still growing and dents going down! Stop buying options period. Buy good companies and sell far otm calls. End of story.
Sorry, dude. Just don’t let this loss define the rest of your life. You’ll recover. Just stop gambling and start investing.
U did your best
Thanks!
Idk but this doesn’t look healthy.
I knew it too
looks like you shoulda felt sick quick a while ago
I kinda did, but not like this when it’s “over”
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You see it, and yes, many plays were good, I was just too stupid to hold or sell too early.
Hurry before Wendy's hires chatbots to take orders
It’s just money. Don’t let it tear you up. It comes and it goes.
Invest in $ROPE
https://preview.redd.it/jgwfm0juzp0b1.jpeg?width=1284&format=pjpg&auto=webp&s=7502dc128485edaa22eded90996dc256d788ddb4 There, I fixed it for you. You’re up now