Read the fucking title. I was happily holding index funds until a few years ago when I figured I had the chutes to day trade. Long story short, I got into it in 2018 when I got paid out $150k for a project I built for a fintech firm. I partied out $50k on hookers and blow, and that was honestly a better use than any trade I ever made. I played my trades the same way I handle my fantasy league cause I'm a fucking sports Chad – listen to the experts, watch the stats, then execute.
Problem is the industry experts are all fucking shills and the Reddit experts are all retarded. I'm a victim of my own deception – hot hands always pay off, right? In any case, I pumped from $100k to $216k in 4 years. In all honesty, great returns compared to your average trader, but riding high highs and calling yourself talented is like being one of those mongoloids who says they have a "gambling system".
I'm cashing out at $30k ($70k loss) and putting it back in index funds. I just got laid off so I'm short selling my condo cause even though I've owned the place for 3 years, I'm $15k under water and I'm gonna suck my banks dick so I can walk away unencumbered. The only job offers I can get are paying just north of $70k, about a quarter of my last salary (senior biotech admin). Otherwise I'm sitting on about $120k savings and no passive income.
I've thought about it a lot these past few months, but I'm gonna sell all my shit and Walk the Earth. I don't want to An Hero, but I don't care if I die on the road. But if day trading and spending my nights stressing about emails is all life has to offer, I don't want it. I already bought a shitty old Ford Van, I'm getting it retro fitted for "camping", so once my place sells (who fucking knows when that will be) I'm just gonna drive to wherever I want and find the nearest bar that needs a bar back and work until I get tired of the place. I don't want advice, but I will gladly take handouts if any of you want to fuel my drug habits that I plan on revisiting, just DM me.
I'm toast bois. Gonna sell all my shit and Walk The Earth
byu/BackSeatGremlin inwallstreetbets
Posted by BackSeatGremlin
18 Comments
https://preview.redd.it/rm7g9f4s2dmg1.jpeg?width=686&format=pjpg&auto=webp&s=e2f085f64d9093856acbafe679168a1be02d2416
K
Im not reading all that, whats the TLDR
this read like a book.
You are onto something. In the end it was the time that was the most valuable.
Yea you ain’t done yet. See you Monday
eh. if youre young enough its probably ok.
i would keep the condo. property tends to appreciate. van is fine. stick starlink on it and work from anywhere.
i spent 5 years in an RV and honestly while it was fun it was also scary. would i do it again ? probably.
You bang the hookers raw ?
Walk the earth?! Just like those pieces of shit out there who beg for change, sleep in garbage bins and eat what I throw away. They got a name for that; it’s called “a bum”.
And without a job, a residence, or legal tender, that’s exactly what youre gonna be: a fuckin’ bum.
Bros all VOO and no chill lol
Where’s your place? I’ll give you more than the fucking bank will
(More than half serious depending where you’re at…)
I walked away from everything at 34 in 2012. I winged it for a decade. I tried some basic jobs to get by and moved 13 times. It was good but eventually money ran out and I worked my way back into making good money again. Im glad I did all that but you can’t get around needing the basics. Shit jobs are a grind and stressful. And you get treated like shit. It’s worth doing, builds humanity and experience. You’ll probably eventually work back up to making good money again. You’ll probably need to be more reasonable with that money. Good luck, it might be what you need. Maybe even try another country, fuck it. How i met my wife, in another country.
Only a pussy quits.
You got some tai chi skills like David Carradine? Gonna go all A-Team? Sack up, son. This isn’t a casino, it’s a boxing match, and I didn’t hear no bell. Get the fuck back up.
This alternative of yours sounds like another way to live out the incompleteness of your now former life as a trader. Neither will fulfill you. I think you taking the van and retro-fitting it is an awesome idea. Now go out and actually camp out in Arizona, Utah, Colorado, Washington, Montana, etc. Heck, what I love about America is all that sweet sweet landscape and beautiful land that stretches for miles. Go find yourself by losing your old identity in nature. Take about 6+ months to regather your sense of who you are without the trading, the drugs, and instant pleasures. Then come back as an emotional citadel where you kill and reap the game again. Good luck brother in Christ.
You are my spirit animal
Another one who should have figured out how to win a poker tournament before he ever placed his first trade ™
120k Savings and he thinks donations are in order.
Please, donate him some persective and books that will aide him in healing his soul and grief. If traveling across the country, offer a spot on your couch. Company, conversations, and cheer will be worth more than what he will find through drugs and sex.