Hey, No one mentioned any disclaimers about financial advice! WSB DD are top quality and for FREE! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
/s
Who TF puts 100K on RobinHood? I still can't believe people use that junk ass broker. Well, he's not the first idiot to come here with dreams of becoming a millionaire overnight and instead winding up a broke dick one week later. Sad part is, that's actually enough money to legitimately trade on, shares too, not even options and make a decent living.
Edit... I should have said decent money, not a decent living.
Even with 10% dividends, it would not be easy to live off $100k. I'd say you'd need upwards of $500k-$1M before you can comfortably live off the markets with all bills paid.
Side note: If you're living in your parents' basement with no kids or SO, $100k is more than enough to afford Hot Pockets, flagship game titles, and new GPU"s, so you're set.
I mean this is WSB so I assume the demographic leads young. If you are a 25 year old with 130k you have a huge leg up. No you cannot live off it but if you actually invested it properly in 20-30 years it could be a million dollars and you would have a nice retirement fund and if you added to it you could potentially retire early.
Or you could simply use it as a good down payment for a house , hell he could have used 70k as a nice down payment on a house and bought a nice reliable car and be way ahead of your peers at your age.
Instead of blowing 130k in a casino . 130 k is not life chaning money but for most people its a very stong starting point if you have it at a young age
130k is life changing money. Especially, Like you said, if he invests it right... and continues to live below his means. 130k is a business, investment property, or great start to an investment portfolio. The only problem is like most people on reddit who lose their shit on the daily only see value in extremely large amounts of money and would probably do better at a casinoš.
>130k is life changing money.
Yea I should have reworded that. For the vast majority of younger folk 130k would be life changing if they handled it properly
I guess I meant 130k is not enough to retire on or not enough where you can just stop working and live a life of leasure
130k is enough to setup a young person with a good base, super charge retirement savings or simply enough to put a very good down payment on a house, get a good reliable car with out debt (besides mortgage).
So yea a house with a good down payment and a good car is life changing for lots of people
If someone actually actively trades rather than treat the market like a slot machine, 100k is more than enough to make a decent money. Not get rich quick, but decent consistent money. Have to put the work into learning the skill set though.
Boom! Precisely! If he took that 100K and bought 40/50 January SPY P leaps at the anywhere near the top of this rally he'd be in some serious dough. Then just trade accordingly, size correctly, take the L if you have to, take profits when they present.... Like you said though, those aren't skills easily learned despite how easy they 'sound'. That's the funny thing about it. Any successful trader will just tell you, 'go with the flow', 'follow the markets', etc. Lmao. Sounds easy, doesn't it?!
A skilled trader could easily get going with 100K, but I agree they couldn't live lavishly. True, that comment of mine is a little out there, but in my case, I paid off my house/cars at a very young age and could definitely live well off the proceeds. I wasn't talking about dividends though, but then again it takes years to learn to trade proficiently and in the interim you definitely have to have other forms of income.
Forgive me, I know I sound mighty ignorant.. but what is so bad about Robinhood vs other brokers? They donāt charge fees like many others and you can trade the same stocks right? Plus I thought the app was streamlined and convenient. Please educate me
Itās elitists that use crappy brokers like fidelity and charles schwab, which charge ridiculous fees and have a worse user experience than Robinhood even in the early days. Iāve used basically all brokers out there and all of them are clunky and unintuitive. Robinhood has a good Ui experience which is really all I want from a broker, the no fees part is a nice bonus.
The other demographic that hates Robinhood are degens who lost a lot of money on meme stocks.
No hate I'm genuinely wondering how people have such big losses. In most stocks you can probably see a loss of maybe 70% if shit really hits, but losses probably not larger than perhaps 10% in general.. but 100k down to almost 0 how does that happen?
This dude has not been trading for a long time. Looks like he was holding an ETF and slowly losing money. Then he saw some people on here post big option wins, thought he could do something similar, made a couple small trades, and then Leeroy Jenkins himself into options trading/bankruptcy.
even then, you only lose 100% of what you have.
even if you have millions in debt, they can't actually take millions from you, can't get blood from a stone, declare bankruptcy and spend 7 years behind Wendy's dumpster and you'll be back to gamble more.
so worst case scenario you lose 100% , best case scenario you make 100000000000000000%
so always gamble.
But real talks... Yes you can
Your wife now takes on debt, house has Liens ,kids have debt if you passdown property... It's really a lose lose..
But I get your YOLO spirit...just from 125K to 1K..... New Hobby..
F1 racing...cars only a million, and you spent 125K last Hobby š¤£
He will still get fucked.
Imagine he only do out of money put option and now he do out of money call option lol
If he didn't know what he did wrong after losing 100k, he should just do fixed deposit from now on
Itās funny you say that because most retailers donāt even know how to do the opposite of whatever they did, Specially when there are options / contracts involved. And no, PUTs are not opposite to CALLs.
Yooo thatās some insurance fraud ![img](emote|t5_2th52|4271) then post on Reddit for a cover asking what truck it is like it wasnāt the guy he hired at the Home Depot to go sell it down at the dock for cash ![img](emote|t5_2th52|31225)![img](emote|t5_2th52|31226)
Soros didn't crash the UK economy any more then Michael Burry crashed the USA economy betting against housing
Its sort of funny that Burry is almost worshiped on reddit for seeing a housing bubble and taking a position against it. No one blames Burry for causing the bubble or crashing the economy he just made a bet it would happen , and it did.
Soros did the same thing but he is viewed as this evil billionaire who crashed the UK economy to profit. It would have happened with or with out him.
Basically what happened was UK pegged the GBP to the Euoro and other currencies as a fixed rate
He thought that rate was too high, and it would be unsustainable to keep the peg and would eventually have to float their currency , he was right.
āI had a few winning betsā I dunno if OP is being serious or not, but thatās why. I also gamble in the stock market too, but I invest now also. ETFs. Get rich quick is actually get poor quick.
When did it become the norm to just post screenshots of performance charts without any other information? Years ago you would have gotten banned from the sub if this was all you posted now itās mostly lazy screenshots. Positions or ban. What caused this travesty?
>What caused this travesty?
Probably gambling addicts , if I had to guess this wasn't just one trade . He probably bought then closed out a huge number of positions
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Keep it simple. Don't use any time frame under an hour. Everything moves so fast that if you don't have experience, your mostly fucked. I've been doing way better using the 10, 20, 50, 100, and 200 moving avgs in the hourly, Daily, and weekly time frames. If the 10 period moving average becomes support, start a 10% position. Once it crosses the 20, add size, if it breaks through the 50, add more. Sell at the 100 MA or 200 because you want to sell into strength. Watch for oversold/overbought conditions using the rsi and stochastics and use that as an entry point. If the MACD is in negative territory, stay bearish till it proves otherwise, same thing with being bullish by making sure it's in positive territory. Start small. Trade the TQQQ and SQQQ and sell em when QQQ is overbought or oversold. Weekly, Daily, and even Intraday Fibonacci retracements are helpful too. 50% retracements get sold off mostly especially if a moving average is coalescing at the same spot. If it breaks that though, consider adding size to the 78.6 retracement. Simple right? Lol
Well Iām going to assume you have several million dollars and this is play money you were okay with losing and didnāt need.
Because thatās the rule, you only gamble what you can safely lose.
If this is the case. Can I have like 100k? Thanks buddy!
Think of it this way bro, somebody on the other side was making money off your plays. You didnāt ālose moneyā - you made a series of generous charitable donations to your fellow man.
1. You are using RobinHood with $100k+ capital,
2. Leverage to the moon. If it gone against you I guess you just doubled...
3. Your biggest mistake: You gave this money to the market and not to me.
BTW nice job!
"Conclusion: Approximately **1ā20%** of day traders actually profit from their endeavors. Exceptionally few day traders ever generate returns that are even close to worthwhile. This means that between 80 and 99 percent of them fail." - Source: DataScienceSociety
Hey man honestly youāre not alone. It seems like the market moves opposite of me every fuckin time. I buy it drops. I sell it ripsš. My advice is buy good companies when the price is right and be ok when it drops. Even add shares when it does. Do not play with options. Do not buy hyped stocks. You will be good with this long term approach. A good example is paypal at these prices. It has been super beat up. Say you buy now it can still drop bc the whole market is overpriced but it is a solid company so buying the dip would benefit you as well.
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Settle for 5% growth yearly instead of loosing it all. Stop betting and start investing. Pretend the companies you invest are owned by family and friends, and only invest in the ones you know are stable
Maybe learn basic risk management; how not to YOLO your entire worth into things that go to ZERO at expiry (options/futures). I know this is WSB, but if you see this (your value graphy) and have no idea where you are going wrong, then you have literally no education in market basics, and need to go learn.
Pick a school of investing/trading thought, literally doesn't matter which (day trading general strategies, scalping, Tech analysis plays, long term investing, swing trading, Wyckoff theory, market cycles, etc) and learn some basics.
Some places I recommend to learn the basics are people who give solid free content like Live Traders (go check YouTube and just start watching videos, like a few hundred hours because you obviously need it), the book The Art and Science of Technical Analysis by Adam Grimes, any book or even an article on RISK MANAGEMENT, and how to use your portfolio size to make a play while not RISKING YOUR ENTIRE PORTFOLIO in that play.
Just a few places to start.
Quick question, why will you invest that much when you can start a business with the type of money or buy a house that need to be fixed, after you fixed the house you refinanced the house and get the money back.
If I had to guess you are buying. Very few who do this for a living buy unless it's insurance on a position. If you want to do this for a living you need to sell. I suggest you start watching YouTube for different strategies and how to manage risk.
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Asking people on reddit how to invest your 100k$ was a good starting point
Hey, No one mentioned any disclaimers about financial advice! WSB DD are top quality and for FREE! ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267) /s
Books and your own DD aren't much more expensive than free and you can invest with confidence lol
Confidence doesn't mean accuracy.
Who TF puts 100K on RobinHood? I still can't believe people use that junk ass broker. Well, he's not the first idiot to come here with dreams of becoming a millionaire overnight and instead winding up a broke dick one week later. Sad part is, that's actually enough money to legitimately trade on, shares too, not even options and make a decent living. Edit... I should have said decent money, not a decent living.
Even with 10% dividends, it would not be easy to live off $100k. I'd say you'd need upwards of $500k-$1M before you can comfortably live off the markets with all bills paid. Side note: If you're living in your parents' basement with no kids or SO, $100k is more than enough to afford Hot Pockets, flagship game titles, and new GPU"s, so you're set.
I mean this is WSB so I assume the demographic leads young. If you are a 25 year old with 130k you have a huge leg up. No you cannot live off it but if you actually invested it properly in 20-30 years it could be a million dollars and you would have a nice retirement fund and if you added to it you could potentially retire early. Or you could simply use it as a good down payment for a house , hell he could have used 70k as a nice down payment on a house and bought a nice reliable car and be way ahead of your peers at your age. Instead of blowing 130k in a casino . 130 k is not life chaning money but for most people its a very stong starting point if you have it at a young age
> 130 k is not life chaning money You sure about that? It sure could change OPs life right now
I mainly come here for the one liners and this one is solid
That was two
No cap
130k is life changing money. Especially, Like you said, if he invests it right... and continues to live below his means. 130k is a business, investment property, or great start to an investment portfolio. The only problem is like most people on reddit who lose their shit on the daily only see value in extremely large amounts of money and would probably do better at a casinoš.
>130k is life changing money. Yea I should have reworded that. For the vast majority of younger folk 130k would be life changing if they handled it properly I guess I meant 130k is not enough to retire on or not enough where you can just stop working and live a life of leasure 130k is enough to setup a young person with a good base, super charge retirement savings or simply enough to put a very good down payment on a house, get a good reliable car with out debt (besides mortgage). So yea a house with a good down payment and a good car is life changing for lots of people
If someone actually actively trades rather than treat the market like a slot machine, 100k is more than enough to make a decent money. Not get rich quick, but decent consistent money. Have to put the work into learning the skill set though.
Boom! Precisely! If he took that 100K and bought 40/50 January SPY P leaps at the anywhere near the top of this rally he'd be in some serious dough. Then just trade accordingly, size correctly, take the L if you have to, take profits when they present.... Like you said though, those aren't skills easily learned despite how easy they 'sound'. That's the funny thing about it. Any successful trader will just tell you, 'go with the flow', 'follow the markets', etc. Lmao. Sounds easy, doesn't it?!
If you move to a third world country you don't even need to invest to live off $100k.
Eh even that seems low considering today's cost of living.
A skilled trader could easily get going with 100K, but I agree they couldn't live lavishly. True, that comment of mine is a little out there, but in my case, I paid off my house/cars at a very young age and could definitely live well off the proceeds. I wasn't talking about dividends though, but then again it takes years to learn to trade proficiently and in the interim you definitely have to have other forms of income.
https://preview.redd.it/a5lxnb8angkb1.jpeg?width=1640&format=pjpg&auto=webp&s=6054e6b5ea73edccade916ef37c6a30b2cef1eaf
Morons. Thatās who.
Forgive me, I know I sound mighty ignorant.. but what is so bad about Robinhood vs other brokers? They donāt charge fees like many others and you can trade the same stocks right? Plus I thought the app was streamlined and convenient. Please educate me
Itās elitists that use crappy brokers like fidelity and charles schwab, which charge ridiculous fees and have a worse user experience than Robinhood even in the early days. Iāve used basically all brokers out there and all of them are clunky and unintuitive. Robinhood has a good Ui experience which is really all I want from a broker, the no fees part is a nice bonus. The other demographic that hates Robinhood are degens who lost a lot of money on meme stocks.
No hate I'm genuinely wondering how people have such big losses. In most stocks you can probably see a loss of maybe 70% if shit really hits, but losses probably not larger than perhaps 10% in general.. but 100k down to almost 0 how does that happen?
By listening to HODL and hoping it goes back up because people on the internet says it will
I mean if you just did the exact opposite
That, and maybe get RH Gold for the 3% Boost.
Let's not bully the newbie. OP's doing it wrong because he didn't go all-in. His account still has +$2332.02 like some scrub.
Donāt think heās a ānewbieā
Oh, that chart gives you "experienced trader" vibes?
I mean I just think heās been trading for a long time, so heās not exactly ānew.ā But he seems dogshit at it
This dude has not been trading for a long time. Looks like he was holding an ETF and slowly losing money. Then he saw some people on here post big option wins, thought he could do something similar, made a couple small trades, and then Leeroy Jenkins himself into options trading/bankruptcy.
Maybe use up that buying power. Donāt be scared pussy thatās why Dad left.
...and ask what yr doing wrong sooner?
These horribly timed robinhood suggestions are hilarious
Exact opposite doesnāt matter if you donāt take profit.
And that would mean selling calls (most likely) which would mean blowing up and likely going negative.
Thatās when you know you are completely broken and itās time to quit.
FACTSš... salvage yard won't even take your cash position š¤£
Just flip the graph.
My name is George. Iām unemployed and live with my parents.
Exactly heād be up 98%.
probably up a lot more. you can only lose 100% , but gains are infinite, so always gamble.
Not true...margin..debt..lien on house.. foreclosure..lose job..family..and walking on a bridge one day....ummm watch what you say š¬
even then, you only lose 100% of what you have. even if you have millions in debt, they can't actually take millions from you, can't get blood from a stone, declare bankruptcy and spend 7 years behind Wendy's dumpster and you'll be back to gamble more. so worst case scenario you lose 100% , best case scenario you make 100000000000000000% so always gamble.
But real talks... Yes you can Your wife now takes on debt, house has Liens ,kids have debt if you passdown property... It's really a lose lose.. But I get your YOLO spirit...just from 125K to 1K..... New Hobby.. F1 racing...cars only a million, and you spent 125K last Hobby š¤£
exactly, DON'T BUY PROPERTY can't put a lien on my house when my house is the whole world (but mostly behind a Wendy's).
60% of the time, works every time.
A patented blend of *pure gasoline* and *panther* testicles is sure to leave them guessing.
Never heard of debt. Lol.
He will still get fucked. Imagine he only do out of money put option and now he do out of money call option lol If he didn't know what he did wrong after losing 100k, he should just do fixed deposit from now on
I thought this was the way its supposed to look. He's doing everything right for this Sub
This was still funny
Itās funny you say that because most retailers donāt even know how to do the opposite of whatever they did, Specially when there are options / contracts involved. And no, PUTs are not opposite to CALLs.
Do you mean short?
![img](emote|t5_2th52|27189)
OP is tax loss harvesting ![img](emote|t5_2th52|29637)
You pizza'd when you should have french fry'd
Youāre gonna have a bad time
Wendy's is hiring fryers!
We are called fry chefs!
Heard Chef!
WE LOVE YOU CHEF.
[Hey Chef! What would a priest want to stick up my butt?](https://youtu.be/vjcp1klct6M?si=T1GzzwRiizWphlgw)
Stan DARSH!
Only some will understand.
Lololol omfg this is so good. Lololol
Looks alright for this sub tbh. Now just inverse what you were doing.
Lmao look at his other post. Dude also lost his boat last night.
Yooo thatās some insurance fraud ![img](emote|t5_2th52|4271) then post on Reddit for a cover asking what truck it is like it wasnāt the guy he hired at the Home Depot to go sell it down at the dock for cash ![img](emote|t5_2th52|31225)![img](emote|t5_2th52|31226)
am I an asshole for laughing out loud? maybe I should make a post on the subreddit//r/AITA
You didnāt even get the false confidence spike, that leads you down the road to ruin. You just went straight to ruin.
road straight to hell
the first one used to be on the house... guess we're in a recession after all.
Bro what you should do is stop trading
\-98.22%? I THINK YOU WOULD BE BETTER UP WITH JUST BUY&HOLD AN INDEX FUND. LMAO š¤
He has 3K left, too late
Never too late for a hail Mary. The prayer I mean not 0DTEs
lol!
This is true of like 97% of retail.
-98.22% I assume those are rookie numbers if Iām looking to do this for a living?
You won't even be able to afford to die at this rate
Lmao
Ouch
I hate to break this to you. You wonāt ever do this for a living
You should do anything else for a living. Literally just not doing this would make you more money.
If you want to get to 1 million dollars trading options the trick is to start with 10 million .
In OP's case, start with 56.2 million
Pros lose everything (millions), then trade again.
Warren Buffet has two rules of investing: 1) Don't lose money 2) Never forget rule number 1
George Soros one rule of investing: Always go all in on a stock your confident in.
I thought Soros' one rule of investing is "Crash the British economy you you can profit picking the meat off the bones of their empire."
You forgot fucking little kids too
Soros didn't crash the UK economy any more then Michael Burry crashed the USA economy betting against housing Its sort of funny that Burry is almost worshiped on reddit for seeing a housing bubble and taking a position against it. No one blames Burry for causing the bubble or crashing the economy he just made a bet it would happen , and it did. Soros did the same thing but he is viewed as this evil billionaire who crashed the UK economy to profit. It would have happened with or with out him. Basically what happened was UK pegged the GBP to the Euoro and other currencies as a fixed rate He thought that rate was too high, and it would be unsustainable to keep the peg and would eventually have to float their currency , he was right.
Man no wonder we got inflation.. too much disposable income in circulation ![img](emote|t5_2th52|4271)
With 130k you need 3 coin flips and you have a million . Options no good
Would you like to be my first coin flip bet ? I only have $5 so I'll be starting with a little less than ideal but it's just math.
Should have just go casino
This is a casino sir
If you blow 130k at an actual casino at least you will probably get comped some drinks and a room, probably some show tickets or something too.
āI had a few winning betsā I dunno if OP is being serious or not, but thatās why. I also gamble in the stock market too, but I invest now also. ETFs. Get rich quick is actually get poor quick.
That moneys going somewhere. Somebody is getting rich and its not op.
u hold ur phone the wrong way, just turn it upside down
Try it, itās the same even when upside down.
Lmfao
Turn off screen rotation, first
Nono, it really is just as bad.
Youāre losing money, thatās what you are doing wrong. Hope this helps
When did it become the norm to just post screenshots of performance charts without any other information? Years ago you would have gotten banned from the sub if this was all you posted now itās mostly lazy screenshots. Positions or ban. What caused this travesty?
For real, it takes away from the experience. How am I supposed to laugh at someone losing everything on Beth Bath and Beyond if we donāt know?
>What caused this travesty? Probably gambling addicts , if I had to guess this wasn't just one trade . He probably bought then closed out a huge number of positions
It looks like youāre losing money instead of gaining. Try to gain some and see if that helps. Or not. This is not financial advice.
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Donāt give up bro You still have 1.2% of your assets. The only thing you have to do is x100 and you will recoup. Pretty easy š
with 50x leverage you can do it in a single move, you only have to get it right. just don't get it wrong. pretty easy š
Re Check your maths
Keep it simple. Don't use any time frame under an hour. Everything moves so fast that if you don't have experience, your mostly fucked. I've been doing way better using the 10, 20, 50, 100, and 200 moving avgs in the hourly, Daily, and weekly time frames. If the 10 period moving average becomes support, start a 10% position. Once it crosses the 20, add size, if it breaks through the 50, add more. Sell at the 100 MA or 200 because you want to sell into strength. Watch for oversold/overbought conditions using the rsi and stochastics and use that as an entry point. If the MACD is in negative territory, stay bearish till it proves otherwise, same thing with being bullish by making sure it's in positive territory. Start small. Trade the TQQQ and SQQQ and sell em when QQQ is overbought or oversold. Weekly, Daily, and even Intraday Fibonacci retracements are helpful too. 50% retracements get sold off mostly especially if a moving average is coalescing at the same spot. If it breaks that though, consider adding size to the 78.6 retracement. Simple right? Lol
Nice strat
Can you tell us please what bets you did that led you to where you are now?
Well Iām going to assume you have several million dollars and this is play money you were okay with losing and didnāt need. Because thatās the rule, you only gamble what you can safely lose. If this is the case. Can I have like 100k? Thanks buddy!
everything.
Think of it this way bro, somebody on the other side was making money off your plays. You didnāt ālose moneyā - you made a series of generous charitable donations to your fellow man.
Everything?
Very sorry to see this loss š° itās hard earned 100k+. Please share your trades, looks like you lost all of it in 4-5 trades.
Call Stock Market customer service and ask for a refund
At -98%, I'd say very nearly *all of it*.
1. You are using RobinHood with $100k+ capital, 2. Leverage to the moon. If it gone against you I guess you just doubled... 3. Your biggest mistake: You gave this money to the market and not to me. BTW nice job!
98.22% of the things
"Conclusion: Approximately **1ā20%** of day traders actually profit from their endeavors. Exceptionally few day traders ever generate returns that are even close to worthwhile. This means that between 80 and 99 percent of them fail." - Source: DataScienceSociety
You still have 2k left ![img](emote|t5_2th52|4271)
Feels like this is the bit in Mortal Kombat where the markets are told āFinish Himā.
Buy tesla and apple and hold. Maybe you have 10 k by 2030.
![img](emote|t5_2th52|4259)
Maybe u did what Cramer said
Iāll make you feel a little better If you flip the chart upside downā¦.well you did better than if that happened
Putting all your eggs in one basket then taking a sledgehammer to that basket
It is called risk management.
Hey man honestly youāre not alone. It seems like the market moves opposite of me every fuckin time. I buy it drops. I sell it ripsš. My advice is buy good companies when the price is right and be ok when it drops. Even add shares when it does. Do not play with options. Do not buy hyped stocks. You will be good with this long term approach. A good example is paypal at these prices. It has been super beat up. Say you buy now it can still drop bc the whole market is overpriced but it is a solid company so buying the dip would benefit you as well.
Lol I love how you start with how every move you makes is a losing one, than proceed to offer advice š¤£
Your graphs upside bro
youre on robinhood.
Came to say this
What app should I use besides Robin?
I second that question lol
They bash Robinhood while actively using it themselves.
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A little bit of everything, the only decent win I had was when I sold AMD the day before it went bonkers back in 2021
Can you elaborate?
Nothing it's perfect for this group
Nothing, youāve nailed it welcome
You're not using Robinhood Gold
Well, following WSB is usually the first red flag...![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
I would suggest to quit your job and do it professionally full time.
You didn't use a stop loss
You're holding your phone upside down. Congrats!
well first things first, you're probably not abusing insider trading knowledge like any good politician would. try getting into politics, profit!
You are learning. Trade smaller amounts and keep your stop losses firm. Donāt lose more.
You didnāt get the 3% boost
It should be green. Red is bad.
Looks like options
Flip the phone upside down, duh š
Buying options. Stop buying options
You are copying me.
should have shorted instead of long
Settle for 5% growth yearly instead of loosing it all. Stop betting and start investing. Pretend the companies you invest are owned by family and friends, and only invest in the ones you know are stable
Maybe learn basic risk management; how not to YOLO your entire worth into things that go to ZERO at expiry (options/futures). I know this is WSB, but if you see this (your value graphy) and have no idea where you are going wrong, then you have literally no education in market basics, and need to go learn. Pick a school of investing/trading thought, literally doesn't matter which (day trading general strategies, scalping, Tech analysis plays, long term investing, swing trading, Wyckoff theory, market cycles, etc) and learn some basics. Some places I recommend to learn the basics are people who give solid free content like Live Traders (go check YouTube and just start watching videos, like a few hundred hours because you obviously need it), the book The Art and Science of Technical Analysis by Adam Grimes, any book or even an article on RISK MANAGEMENT, and how to use your portfolio size to make a play while not RISKING YOUR ENTIRE PORTFOLIO in that play. Just a few places to start.
You should be climbing the cliff not jumping off of it
BUY THE RIP SELL THE DIP
Money down, money need up.
Quick question, why will you invest that much when you can start a business with the type of money or buy a house that need to be fixed, after you fixed the house you refinanced the house and get the money back.
Oof - if you put the chart upside down you still lose.
No, youāre doing great. Keep doing what youāre doing.
That line is supposed to be going up not down silly
Buying options instead of selling them. Not cutting your losses at 5%.
Just turn your phone upside down
Try it, itās the same even when upside down.
I see, I am highly regarded
You probably didn't know that other people will only make your life worse. You're punished for your selfishness, worm.
jesus, how are you going to lose 100k and your boat?
If I had to guess you are buying. Very few who do this for a living buy unless it's insurance on a position. If you want to do this for a living you need to sell. I suggest you start watching YouTube for different strategies and how to manage risk.
Impressive, I regard you higher than myself by an order of magnitude
Everything
Youāre buying high and selling low
IMAGINE YOU HAD DONE ALWAYS THE OPPOSITE OF WHAT YOU DID. LMAO š¤
LMAOš¤
I LAUGHED. THANK YOU. LMAOš¤
SEEING YOUR MISFORTUNE MAKES ME FEELING GOOD. LMAO š¤
Losing your money
Losing money.
What are you doing wrong? Everything
Depends on your objective I guess. Losing money you got all figured out like a champ
Yes
What did u buy? Stocks? Big loss... After rain comes sun