Update from last post. Tried to manage risk and sell and switch to puts…..
If I held original calls I would be up max profit territory of 178k on 150k base position.
Liquidated about 200k of stocks also. Total account value would’ve been around 580k if I just didn’t even touch Robinhood the last day….
still young tho I have my whole life ahead of me
TLDR; 19 yr old loses money on casino. Needs to start a legit business now
Edit THIS WAS NOT ENHERITANCE IT WAS HARD EARNED MONEY LOLOLOL
hahahaha
https://i.redd.it/u1m1hjl87fsg1.jpeg
Posted by Xdtryhqrd
26 Comments
guh
Well, at least Robinhood is not calling you
Thank you for making me feel better about my £1k loss
just find the right time to sell off. this week will probably end in the 630 to 640 zone at best imo
guh
https://preview.redd.it/j4ng537k7fsg1.jpeg?width=1080&format=pjpg&auto=webp&s=c5bbce0e6f8bf2c8291da7640fcaeca006a9465e
I ain’t calling you either!!
Dont worry we’re gonna hook you up with internet points. You earned em.
Wanna make it all back quick? Buy Puts 2dte….. This is gonna fall fast.
So the market dropped extremely fast and you bet on it to continue dropping? How is that managing risk
No matter how bad your day is, someone’s day is worst
How tf does a 19 year old have this much margin
How tf did you have that much money at 19
Its a casino, whoever said about managing risk?
19yo who has that much money to begin with…. lol
If you made this play any day for the past week, besides today, you would have made hundreds of thousands of dollars. Hope this helps!
Should have listened to the guy saying the markets would rip today
how does a 19 year old have almost 400K to lose? Selling your girlfriend’s feet pics candidly or something?
You had a month to buy puts and you bought now? Sorry for your loss but that was extremely regarded.
https://preview.redd.it/i87pwfdm8fsg1.jpeg?width=1080&format=pjpg&auto=webp&s=b47d8f69de5363d219da6461b74cf8316066efcf
You can start a cleaners business or a high rise window washing service.
Losing when it’s red Losing when it’s green. You fit right in.
so you lost your parents hard earned money that they gave to you by option trading with 0 idea of the risk involved because it wasnt you who worked for it… nice.
Dude why
Be 19 the way kids used to be 19
You should be learning from books right now and having a blast with your friends
You could’ve given that money to an expert been young and they would have grown it for you
Wsb and the market are not your friends
To be 19 and lose dad’s money like that must be crazy.
What color lambo
So it was you causing the pump !