I've read some amazing posts these past 6 months – ridiculous comebacks and wins – that person who run 1700 up to 30k last week, another from a few months back who turned 8k into 237k in a week – that's burnt in my memory. And it always seems to involve 0DTE of some sort. I shouldn't find this inspiring, but I do.
I'm in a drawdown at the moment and interested to hear stories from everyone – those who YOLO'd their way back to glory, but also those who took a more measured, methodical approach – what was your mindset? Especially on shitty Robinhood with thumbing your phone, persistently slow/failed entries, no bracket orders etc.
How did you bring your account back from the brink of extinction? How long did it take?
Weekend discussion: who here has actually made it all back?
byu/hudson701 inwallstreetbets
Posted by hudson701
5 Comments
YOLO 0DTE diamond hands 🙌
https://preview.redd.it/kvfxn040tukg1.jpeg?width=1206&format=pjpg&auto=webp&s=9ef05a246866c60484d588ee5ad3b46629fa1c05
I’ve made it all back recently, and more after the slump in end of November
I don’t play options — I do a mix of CSP, Covered Calls against SPY and big tech
What a retard
Gamblers fallacy. You are always just one gamble away of making it all back or starting your next streak.
Obviously 30x returns in 1 week or month is not feasible to plan for, its only possible with risk of turning it to 0x fast. You might even be mostly or completely right in your regarded analysis, but market disagrees with you until your options expire worthless – and then it pumps. And sometimes you buy something, with no clue of a catalyst, and it happens and you win big.
But, the thing is, with each blown up account, are you learning something and becoming one of the few% who make money, or are you just blowing money and/or learning slower than the market learns, thus making the efforts worthless.
If you go regard, go regard with money you at least can lose. But hey, we are in wsb
I was down $5k all time, threw my last 20k into one company, it immediately went down, putting me down 10k and 15k all time, I held, and now almost 2 years later I’m up almost 50k all time. It is possible with patience and stupidity