

The goal of this post is to
deter anyone that may feel they need to ever tilt or start gambling with large sums of their money.. especially when this is my life savings that I started with at 21 and now 28.
So it all started due to me losing out on ONLY 300$ that I should of had if I had done what I should of done the previous day with my very safe and steric approach of one trade a day that I normally do. Sadly I couldn’t accept a measly 300$ loss for some odd reason..
I then proceeded to miss out on 4 separate trades between 2 puts and 2 calls that all four profited the same 8k for me then every time it rejected and completely took my profits and never went back within the single trade.. I should have sold on at least one of the first two for the profit.. getting 4 chances was unbelievable!
By the time 1:30 came in the afternoon I was down almost 60% of my money being down about 65k dollar wise.
I then pressed with all the remaining money I had when the market on QQQ jumped out of nowhere a shit ton even more in 1.70-1.90 range and placed puts
Literally down the final minutes I was able to recoup all my losses and gain a few grand in profit thankfully.
This was the most stressful 7 hours of my life from market open to close… please no one ever do anything like this whatsoever, it was a literal living nightmare and a ton of terrible emotions and thoughts came to me and I very well should have lost my life savings which is literally insane to risk and do anything like this.
Leading up this I have made very good profits in options since feb and I lost all of it and a little more and almost lost it all for literally no reason whatsoever
What I did was beyond irresponsible, immature as well as careless for myself and my wife and child finance wise and my own mental health had I lost the money.. it was completely unacceptable.
So please don’t tilt and gamble and know the next day or whenever you can very likely make back whatever you lost or make up for a mistake you made, it is by far not worth it AT ALL! Be safe and don’t let the demons take over!
I will be posting the screenshots of the portfolio, thanks for reading 🙂
https://www.reddit.com/gallery/1p4agxm
Posted by jigglebuns777
27 Comments
Gambling in your Roth is crazy work.
Bro who TF do you think its gonna read that manuscript? We barely know how to read
Bro… I got anxiety just reading this. My Apple Watch thought I was doing cardio!!!
Holy shit on the roth ira also 😳
Wait people gamble with their retirement money? That shouldn’t even be legal.
Can you buy options in your Roth with RH?
Stay away from weekly options. Add 4 weeks duration at a minimum. The stress will evaporate. Or just dont touch options at all.
another day at the casino
https://preview.redd.it/5lfegeve1x2g1.jpeg?width=1440&format=pjpg&auto=webp&s=7a00e35c59de0bd60ea91ce05a0131907e7444b0
Waiting for my day!
You know tis a true regard when he uses words like “should of” instead of “should’ve” and whatever da fuk steric means
All that to just get 3%.
Dude what do you write? Your bio?
How did you feel when it was down 57%?
Good lesson learned. For 99.9% of people any options trading at all should be only with their “fun money / gambling” account and not with their life savings.
Lost 65k, made it back, gained trauma.
Here’s the thing, you will try this again but next time you won’t succeed like this time. You are a degenerate gambler like the rest of us here, and sooner or later you will be posting all of your losses because you bet on the wrong direction.. honestly, with just 100k, it would have probably been better for you to lose now, because when you do it will just be that much bigger since you didn’t learn a damn thing from it
This is the dumbest thing I’ve seen all day.
Thanks for sharing.
This post exists bc you came on top. And all of a sudden you gained wisdom.
Ngl, I appreciate that you split it into paragraphs, unlike **some people** in here 💀
He only thinks he came to Jesus
Lol nows a good time to sell
Cash out
https://preview.redd.it/2ikb6oiu2x2g1.jpeg?width=800&format=pjpg&auto=webp&s=c21e6ea3e3c510ee428306a24f867e3fe783efd0
Welcome to the sub.
https://preview.redd.it/t2je6swv3x2g1.jpeg?width=476&format=pjpg&auto=webp&s=6b8d0784efb9f58cd0bfbb0e55024b5187dc2787
yea you wouldn’t have posted if it didnt work out what a lame brag dude yikes
So you finished ahead; and this is all just a low key gambling ad / humble brag?
Bruh