Well yeah anything is risky if you’re swinging for the fences every at bat. Why wouldn’t you go after less risky plays and employ more mitigation.
betsharks0 on
Now you have a license ! Stay $afe man .
***“The market, like the Lord, helps those who help themselves, But unlike the Lord, the market does not forgive those who know not what they do.” W.Buffet.***
meanwhile Ive hit a 10x, 3x (FSLR) and 2x (DELL) plays today but only with a few hundred dollars
Big-Today6819 on
Start index investing, it’s great
who_am_i_to_say_so on
You’re giving advice after yolo’ing on a $2 strike?!
megatronmister on
I see a glass still 2/3 full what’s the issue here
HitMePat on
Is it just me or have the last two weeks had an insane amount of loss porn making it to the top of the sub? And the OPs are always saying goodbye to options or WSB forever. More than usual
DueHousing on
Bro wanted to speedrun getting a 7 figure port but speedran losing a down payment instead
39 Comments
Too late!
When you have zero capital, then you have nothing to lose
– Anonymous
Or just learn some risk management first. You guys kill me with this
31% in a week¿!¿
my TQQQs had a 40% swing yesterday from noon to close
casino go weee op
https://preview.redd.it/c3jfeb7q5e2d1.png?width=512&format=pjpg&auto=webp&s=e5aa117910652ba5bc05e272d85d835146bcfa68
Well yeah anything is risky if you’re swinging for the fences every at bat. Why wouldn’t you go after less risky plays and employ more mitigation.
Now you have a license ! Stay $afe man .
***“The market, like the Lord, helps those who help themselves, But unlike the Lord, the market does not forgive those who know not what they do.” W.Buffet.***
https://preview.redd.it/kidfslas8e2d1.jpeg?width=780&format=pjpg&auto=webp&s=32dd85bc6255d604d0670cb8beee7eed9118e0d4
looks like a few trades went against. What % of your account was at risk with those trades?
Dude’s advice is “stay poor”
You’re just one play away from $250k!!
The key is to start with basically nothing.
At 100k you don’t have to risk a third of your portfolio for a reasonable gain like a 1k portfolio would.
Options are fine, your strategy is not.
To be fair, you were up for a second. You could have quit at any time. You’re not gonna win them all
Mine is all green lol
& here I am feeling bad for a $6k loss
Options- a bet where you can be totally right and fuck the trade up and lose most of all your $$$ chasing 300%+ gains.
lemme guess, full port plays, no stop loss.
I think the real lesson is, learn not to be married to your trade. When it starts going south get that shit annulled, like a Vegas weekend fuck up.
Ahhhhh Big Bear AI. I remember the first time I got fucked on that one.
Up 70k this year on options. Was down 18k on shares all time. You can’t tell me what to do!
Wish I had seen this 2 minutes ago before buying $100K worth of options
Only one way to learn!
I wish i have 70k buying power 😅
Bigbear calls aren’t helping your case, that company has military contracts and still finds a way to never make money.
Or at least don’t get into options the way you did
https://preview.redd.it/qmbbc5evpe2d1.jpeg?width=1120&format=pjpg&auto=webp&s=84a4e7fccd39ce650fcd82078fa4a654dc827804
Can you tell when I discovered option?
wouldn’t catch me losing 30% of an account that size lol
1k sure.
Thanks for the heads up !!
Got plenty more to lose buddy, gtfo and come back when it gets real.
Don’t sell… Hold to expiration you say? 🧐
Hahahahahaha
Too late. I ain’t giving up.
https://preview.redd.it/ey7eaaj6xe2d1.jpeg?width=1079&format=pjpg&auto=webp&s=c33ba78e8883c413aa99b3f2beef3f630b654796
meanwhile Ive hit a 10x, 3x (FSLR) and 2x (DELL) plays today but only with a few hundred dollars
Start index investing, it’s great
You’re giving advice after yolo’ing on a $2 strike?!
I see a glass still 2/3 full what’s the issue here
Is it just me or have the last two weeks had an insane amount of loss porn making it to the top of the sub? And the OPs are always saying goodbye to options or WSB forever. More than usual
Bro wanted to speedrun getting a 7 figure port but speedran losing a down payment instead