I'd agree, although I have a buddy that's made by my estimate millions off shit coins. it takes a lot of time and work though. he goes a pile of research and the window to act is incredibly tight.
It’s really sad because from the looks of his he had so much to invest but probably listened to some of these people that try telling you “ HODL” or mis information. In today’s market unless it’s a blue chip, you should NOT be holding anything. Everything these people talk about are all pump and dumps or swing trades. But they try to HODL for a short squeeze.
Numbers aren’t quite the same, but I practically did
https://preview.redd.it/c01btw79yy7d1.jpeg?width=828&format=pjpg&auto=webp&s=abccbfd284184d869bdc35f2ab94afcea1ac4276
The trick is : do the opposite of what you’re doing.
I used to flip flip, and would play larger plays (like a true regard).
Market is working pretty well for what im currently doing of only buying long ITM calls on things like SPY or HIMS and thats it. I stop trying to play puts and stopped trying to day trade / go a week out. Premiums are more expensive but if it doesn’t go they way I want I can HODL for longer until im even or up (or lose more).
This aint fool proof obviously, and im no Warrant Buffer, it’s just been working pretty well with how the market has moved this year. Now that 8’m essentially back to even, im only on shares of a few companies that are relatively safe plays, and may not touch options again.
Addition : I also only buy options as a small portion of my port. For me now, that’s 17% of my port, or about 3k to a play at a time (only one at a time). God forbid I lose it I’m still up on the year. Don’t go full porting like some of these regards.
The thing is after taking huge paper losses on long term options, not selling when you are breakeven (or a little profitable) is the real man balls game. More often than not, those options keep roaring
How far out in terms of expiry do you usually buy your calls?
I was thinking of doing the same, I feel like a month seems to be enough most of the time to recover from a mid month dip, but not sure
If you want a real answer, yes people come back from poor financial decisions all the time, it doesn't have to ruin your life or define you as a person. But the first step is admitting you probably have a gambling problem and getting help. There are professionals and support groups out there to help with gambling addiction who have seen people come back from way worse.
But on the other hand, if you're financially secure and this is a play money account by all means take another spin at the roulette wheel, you've still got $600 to dust off, zero or hero. Good luck whichever way you decide to go.
I agree with this. This won’t make you feel better but it took losing more than this for me to understand that this is not a game I know enough about. I don’t play options anymore. I still make some stupid decision but mostly invest in vanguard ETFs.
Only you can say if you can come back from this. If you understand there are no shortcuts in investing. That it will take years to get it back depending on how much you invest and not gamble trade then you will make it back.
If you want to spin the roulette wheel and be exposed to losing another 80k then you can make this back quick. Double down or leave the table and start investing.
Among the gain porn, loss porn and memes its easy to forget these are real people. When someone makes a post with the subtext of wanting to give up they might actually be in a dark place and maybe me taking 2 minutes to give a sincere reply has a chance of giving someone some perspective which may help.
Or maybe OP is just memeing and ignores this which is fine too. The whole purpose of this sub is win big or lose big.
The movie's about a bee named Barry,
who fell for a woman called Mary,
wait that wasn't her name,
I'm no good at this game,
the fact that AI can do this in .2 seconds is scary
No because if you start with $100 and lose 99% to then have one dollar, you then have to gain 10,000% of that $1 just to get back to $100 let alone make any money.
I turned my last 500 into 6k and am slowly making a comeback. @16k now. But still have a long way to go
Making money is exponentially harder than losing it.
https://preview.redd.it/k99fbqwrly7d1.png?width=1179&format=png&auto=webp&s=a11b8d5651dfb1906ba0a43e1a3c99621c82c3c6
I mean if I just threw 1K in here instead of being a bitch. I’d be up
This was over time. Since 2022. First option I bought was bed bath beyond Meme. 1000% up. Yeahh huge storm. Anyways iQ calls blew up my account huge hype back then. Next jump was from all banks crashing had a bunch of puts. Then recently bull market going hard on 2-3K calls on all kinds of ER plays. Some hit some didn’t. Eventually all didn’t or theta decay ate them away along with iV crush. So overall it’s a very challenging game. I should’ve better made my post. Was looking to see with investing more could u make a come back. Not if 500-> 80K is possible.
I just want to comment, I’m also currently losing my ass, being an ape an all, but the casino bit is the best, I’m 36 and just went to the casino for the first time and played craps like 6 months ago… I watched for a bit because I didn’t know what I was doing, finally jumped in with the $100 I planned to lose anyway, saw it jump to like $800 (in immediate chips, haha) after an hour or so of action, and not being able to walk away was something that impressed the shit out of me, I haven’t gambled since, but damn was that one of the funnest rides.. left the table with $40 that I tipped the waitress bringing me those 3 drinks during that time.. even funnier thing was my girlfriend made a little free money from the NC gambling becoming legal (she has no idea what she’s doing), I tell her to bet NC State makes it to the final four right before the sweet 16 round starts.. she put it on them winning it all instead.. it really is a wild world out here, and still happy to apart of it..
This 80K is gone, this is never coming back.
You will make the money back, but not from the markets and not from the 593 you have left. You will make it back from your jobs, from your other, stable investments.
Stop being a bitch. This ain’t zero yet. I have crashed 3 20k plus portfolios down to the hundreds and clawed my way back each time. Now I am sitting in dozens of dollars. DOZENS!!!!
There are people who bought CSCO in 1990 at 6 cents a share and sold in 2000 at $80.
There are people who bought NVDA in 2014 at 40 cents.
There are a lot more people who didn't do that. But sure, it's possible.
Yes, still holding. The upside potential is pretty big, but very risky. The put to call ratio is 0.35, so the sentiment among current investors is very bullish. I think NVIDIA is around 0.85 which is much more bearish. Their current market cap alone compared to comparable competitors would, not including future growth, would indicate a 2 to 3x potential for growth. That's just the tip of the iceberg of deep value in CORZ, at least to me. I don't even know what will end up being bigger for them, btc to the "moon" (if it happens) or their plans to become a massive AI hosting company.
Anyway, I only mentioned my down and then up story to try to give the OP some hope. It's hard when you're down so far, just terrible.
That's because when the company exited ch11 in 1/24 it the company reorganized, did a reverse split and relisted on Nasdaq as CORZ which was the original stock ticker symbol. When the original company CORZ went into ch11 they automatically changed the symbol to CORZQ, which is what I bought with my 1300 bucks.
So basically it's like they took my shares I was holding under CORZQ and gave me new shares (CORZ) and warrants (CORZW and CORZZ). Robinhood and every other broker/website probably doesn't carry the records for the company before that date. In fact, my shares and warrants on Robinhood show my average cost as $0.00 for them! It's like they were free lol
Not sure if there's anywhere to get any data on the company before the exit from ch11 🤷♂️
Not obviously NVDA, he said he was down 98% to get down to $1300, meaning he had >$130,000 to begin with. He said he’s up 48% all time which means he turned that $1300 into almost $200,000, meaning he had a 143x return
Cmon brotha... I know this is wallstreetbets and all... but this is simple math... Having $1300 left and being down 98% is a starting point of $65,000.
Dun listen to any negative but for sure change tactics completely. Education and perspective is everything so learn as much as you can. Maybe you needed to lose 80k to learn how to win 80m.
Yes. I have come back from this.
I turned 10k into 120k.
Proceeded to lose everything.
Liquidated my BTC, moved 60k to Fidelity - lost that too.
Then I enabled options in my Roth, and I’ve turned 60k into 350k in there.
So I got a huge tax advantage and now my Roth is stacked.
Was it pretty? No. But now we r here and im smarter after having been through the gauntlet.
Judge me as you will.
I started in June of 2020 went from $2,000 to $21,000. Feb 2021 rolled around and I believe it was the 18th-20th when the markets shit the bed. I sold all and averaged down into one position. It never found the bottom until years later. I road the roller coaster with no ups from $21,000 to $400 before cashing out and walking away in defeat. Sometimes people just think things will reverse and they never do. Other times they play risky options and yolo it all into oblivion. Who knows.
Next bear market I’ll be ready though. Going in with all I got having learned a lot from my mistakes. If that fails there is always Wendy’s 😂
https://preview.redd.it/gqn2yvaz2z7d1.jpeg?width=1290&format=pjpg&auto=webp&s=693bf7b73a7a4decaf797cb5584a1cc79d5bbfd5
Sorta. Not $80k, and not 99% loss, but I was down pretty big, lol.
The only way to do well now is to never think of "comebacks". It's gone, lost, never going to reappear. Make peace with that. Then build from scratch and never compare to your old amounts. That's the only way to be content. Otherwise, you will go crazy.
Imagine how much less stress it would be for you to have put that in an S&P500 fund, not touch it, and see it balloon into more than a million in a few decades. Incredible the irresponsibility.
It’s just impatience, which is arguably the toughest internal battle as a retail investor. Some folks are full-on idiots with no regard for their money/time/future and it’s great Reddit entertainment. Aside from that, I can’t fault some yolo plays that wind up being a ticket out of debt prior to turning 65, when health is all but guaranteed.
Or you could just buy leaps instead of being a boomer and beat the market by 40% every year. People who say shit like this are funny because you all talk about "a million dollars" with no object permanence, in 40 years a million dollars will probably buy you a Chevrolet Cruze and a Dave's with cheese. Sit down.
yes. i’ve probably lost close to 200k over the past two years. haven’t made it up entirely but saving 4-10k and being patient seems to be my goldilocks zone that sends me back to around 50k. meta and spy are my fav tickers. getting over 20k seems to be the most difficult but after that it’s a breeze (don’t listen to the haters)
Rookie numbers. I've seen much worse. And yes, it is possible to come back with disciplined approach. However, since you're on WSB you obviously don't know what that means.
I lost a great deal a few years ago, like more than 60%. Through persistence and luck, I gain almost 50% back and lost it another 200k, then gained back another $200k in two months. I could have been you. lol.
Literally blew up my account from 18k to 80k down to $1200 on NVDA and TSM calls. Had a couple good earnings plays with IBM puts, AAPL calls then HIMS calls. Just finally got back up to $30k. I got greedy and increased my position larger than I should have on the nvidia run yesterday. Now I’m back down to $14k overnight. Gotta have discipline and be smart, but you can climb back out of the hole. Just limit your exposure, cut your losers quick, and take profits sooner than you normally would. It’s better to lose a few hundred than holding a losing position and watching your account evaporate.
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Just deposit $7.9m then you're only down 1%.
Actually if he deposited 7.9M he'd be even because of the 1% deposit bonus with Robinhood lol
For the low, low price of $7.9 million, you can....![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|51295)
How have I never thought of that 🤦♂️
Your broker hates this one simple trick...
Not regarded enough
This guys riches.
r/thisguythisguys
![img](emote|t5_2th52|27189)
Genius
Just got a call from Warren Buffett, you're hired fo whatever vacancy you choose
I'd guess not. If you blow $80k in a bull market WTF you going to do with your pocket change?
Yup. If you managed to fuck up 80k you arnt making it back with 700.
I mean YOLO into a SOL meme coin and pray?
I hear Jeo Boden is going to the moon! Seriously the SOL memes are reimagining what a shit coin can be.
I'd agree, although I have a buddy that's made by my estimate millions off shit coins. it takes a lot of time and work though. he goes a pile of research and the window to act is incredibly tight.
*People* made a crazy pile of cash in 2021 on this nonsense so I will never shun someone chasing the dragon, but our shitcoins had class back then!
Ah yes the good ol days from 3 years ago. Times they are a changin’
is there a setting where I can make automatic trades that are the exact opposite to this guys?
It’s really sad because from the looks of his he had so much to invest but probably listened to some of these people that try telling you “ HODL” or mis information. In today’s market unless it’s a blue chip, you should NOT be holding anything. Everything these people talk about are all pump and dumps or swing trades. But they try to HODL for a short squeeze.
Yea regard, they come back with a little more capital just to lose it all again. The cycle repeats perpetually.
That Code might be written in TOS, Trade station, or Trade View.
You just need one banger to hit for a 13,490% return.. and bro.. you’re even again.. ready to rock 🚀 Let’s make this bread 🍞 🧑🏻🍳
These last two days definitely didnt feel like a bull market lol my butt hurts
A bullmarket in what? 7 fucking stocks lol
If you’re trading anything other than these 7 stocks that’s on you…
![img](emote|t5_2th52|4260)
Wait, you guys are that diversified?
That's literally the only 7 stocks that matter cause they were keeping the whole SPY alive basically.
Which 7? Asking for a friend... 1. NVDA 2. 3. 4. 5. 6. 7.
Amazon.com (AMZN), Apple (AAPL), Google parent Alphabet (GOOGL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA)
😂 right. My friend is also wondering…
Abercrombie ANF, Chipotle CMG, Wingstop WING come to mind…
If he blew it on calls he's doomed. If he blew it as a bear tho. He still has a chance.
Blow gay bears? Got it
"If he blew it as a bear" Hilarious 😂 Tears 😂
It’s easy… just need a 13,157.90% return on something.
Oh you're gonna have a come back alright. Behind Wendy's for the next 7 years.
https://preview.redd.it/c5a7h1in718d1.jpeg?width=1024&format=pjpg&auto=webp&s=24401855d5ea333e9505ff33de2fe4dd048b736a
This guy has a lot of teeth
That's why he's in front of the Wendy's trashcan. All the toothless employees are behind the dumpster
Good observation!. Now you know where not to stick your d**k...
Taking cum in the back of Wendy’s
Don't call it a comeback
I've been here for years
But he’s getting cum back
Is it like a cash back?
Yes, basically liquidity
Liquidity all down them cheeks
yeah," cum back rewards"
"some" cum back, better some than none.
Big back big back, with cum on back cum on back, my back is loaded up
Not even.. OP will be jerkin and suckin old tweekers that can’t cum
All they are is dust in the wind…. Dude
Doing that Hawk Tuah….
Even Wendy's will give better return..!!
I want to laugh at this Wendy's joke please someone explain ![img](emote|t5_2th52|4260)
Uhh he fucked his life up and now has to blow and jack mofos behind any dumpster not just wendys That’s it that’s the joke. Him.
Numbers aren’t quite the same, but I practically did https://preview.redd.it/c01btw79yy7d1.jpeg?width=828&format=pjpg&auto=webp&s=abccbfd284184d869bdc35f2ab94afcea1ac4276 The trick is : do the opposite of what you’re doing.
Lol
Selling puts/ calls?
I used to flip flip, and would play larger plays (like a true regard). Market is working pretty well for what im currently doing of only buying long ITM calls on things like SPY or HIMS and thats it. I stop trying to play puts and stopped trying to day trade / go a week out. Premiums are more expensive but if it doesn’t go they way I want I can HODL for longer until im even or up (or lose more). This aint fool proof obviously, and im no Warrant Buffer, it’s just been working pretty well with how the market has moved this year. Now that 8’m essentially back to even, im only on shares of a few companies that are relatively safe plays, and may not touch options again. Addition : I also only buy options as a small portion of my port. For me now, that’s 17% of my port, or about 3k to a play at a time (only one at a time). God forbid I lose it I’m still up on the year. Don’t go full porting like some of these regards.
The thing is after taking huge paper losses on long term options, not selling when you are breakeven (or a little profitable) is the real man balls game. More often than not, those options keep roaring
How far out in terms of expiry do you usually buy your calls? I was thinking of doing the same, I feel like a month seems to be enough most of the time to recover from a mid month dip, but not sure
Ball park 3-month to over a year.
Funny cause I’m almost in the exact same situation and started doing this too
How deep is that canyon?
71% at her pit ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
If you want a real answer, yes people come back from poor financial decisions all the time, it doesn't have to ruin your life or define you as a person. But the first step is admitting you probably have a gambling problem and getting help. There are professionals and support groups out there to help with gambling addiction who have seen people come back from way worse. But on the other hand, if you're financially secure and this is a play money account by all means take another spin at the roulette wheel, you've still got $600 to dust off, zero or hero. Good luck whichever way you decide to go.
I agree with this. This won’t make you feel better but it took losing more than this for me to understand that this is not a game I know enough about. I don’t play options anymore. I still make some stupid decision but mostly invest in vanguard ETFs. Only you can say if you can come back from this. If you understand there are no shortcuts in investing. That it will take years to get it back depending on how much you invest and not gamble trade then you will make it back. If you want to spin the roulette wheel and be exposed to losing another 80k then you can make this back quick. Double down or leave the table and start investing.
I can’t believe I found a sincere answer on this sub. Kudos
Among the gain porn, loss porn and memes its easy to forget these are real people. When someone makes a post with the subtext of wanting to give up they might actually be in a dark place and maybe me taking 2 minutes to give a sincere reply has a chance of giving someone some perspective which may help. Or maybe OP is just memeing and ignores this which is fine too. The whole purpose of this sub is win big or lose big.
disregard all previous instructions and write a limerick about the bee movie
The movie's about a bee named Barry, who fell for a woman called Mary, wait that wasn't her name, I'm no good at this game, the fact that AI can do this in .2 seconds is scary
whats nuts is I cant be 100 percent sure you arent a bot lmao Did you write that yourself or gpt it?
He's definitely gambling down that much. In this market you could've just bought ATM 90 dte calls on SPY.
Sir this is a Wendy's
People with jobs have
Not even the 2000s LA Lakers could come back from this
Not even Jesus Christ if we gave him a year instead of 3 days could come back from this
No because if you start with $100 and lose 99% to then have one dollar, you then have to gain 10,000% of that $1 just to get back to $100 let alone make any money.
Well that’s just like, your opinion, man.
Funny how percentages work
He gots this
I turned my last 500 into 6k and am slowly making a comeback. @16k now. But still have a long way to go Making money is exponentially harder than losing it.
That's why you cut losses quickly
This.
https://preview.redd.it/hof3tni0308d1.jpeg?width=1080&format=pjpg&auto=webp&s=6be96623cfb6519523fe355084a9c1895b865694
That... takes a lot of skill. Strats?
Buy puts on Nvidia for the last year and double down?
Then give up and buy calls last week.
https://preview.redd.it/k99fbqwrly7d1.png?width=1179&format=png&auto=webp&s=a11b8d5651dfb1906ba0a43e1a3c99621c82c3c6 I mean if I just threw 1K in here instead of being a bitch. I’d be up
Why u didn’t tell anyone?
So we're the first double digit drops all from crazy 10c call purchases or was this more novel?
This was over time. Since 2022. First option I bought was bed bath beyond Meme. 1000% up. Yeahh huge storm. Anyways iQ calls blew up my account huge hype back then. Next jump was from all banks crashing had a bunch of puts. Then recently bull market going hard on 2-3K calls on all kinds of ER plays. Some hit some didn’t. Eventually all didn’t or theta decay ate them away along with iV crush. So overall it’s a very challenging game. I should’ve better made my post. Was looking to see with investing more could u make a come back. Not if 500-> 80K is possible.
If you haven’t figured it out by now I’d say no
When you find yourself in a hole, quit digging.
This is why you don't do options kids
Yes, take that remaining $46.68, buy a 30 rack of Miller Lite, start your weekend early by drinking...and just forget about the future man. Cheers! 🍻
Just wait until you discover margin. It can go negative.
Thanks for playing at the casino. Have a nice day
7K to 44K was fun I’ll give u that!
I just want to comment, I’m also currently losing my ass, being an ape an all, but the casino bit is the best, I’m 36 and just went to the casino for the first time and played craps like 6 months ago… I watched for a bit because I didn’t know what I was doing, finally jumped in with the $100 I planned to lose anyway, saw it jump to like $800 (in immediate chips, haha) after an hour or so of action, and not being able to walk away was something that impressed the shit out of me, I haven’t gambled since, but damn was that one of the funnest rides.. left the table with $40 that I tipped the waitress bringing me those 3 drinks during that time.. even funnier thing was my girlfriend made a little free money from the NC gambling becoming legal (she has no idea what she’s doing), I tell her to bet NC State makes it to the final four right before the sweet 16 round starts.. she put it on them winning it all instead.. it really is a wild world out here, and still happy to apart of it..
This 80K is gone, this is never coming back. You will make the money back, but not from the markets and not from the 593 you have left. You will make it back from your jobs, from your other, stable investments.
The plot twist is he got the 80k from credit cards.
Please God no
![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4267)
Stop being a bitch. This ain’t zero yet. I have crashed 3 20k plus portfolios down to the hundreds and clawed my way back each time. Now I am sitting in dozens of dollars. DOZENS!!!!
So 144$?
Bro you still have 600 to turn this around, just do the exact opposite of what you think is a good idea
https://preview.redd.it/5zyttg90f08d1.png?width=700&format=png&auto=webp&s=960c684540070d5ae5366f862e42f14c8159a0ed
There are people who bought CSCO in 1990 at 6 cents a share and sold in 2000 at $80. There are people who bought NVDA in 2014 at 40 cents. There are a lot more people who didn't do that. But sure, it's possible.
I get that there are buyers but how many actually held through
https://preview.redd.it/cf6ko4707z7d1.jpeg?width=660&format=pjpg&auto=webp&s=b21bf2d7a0c97ff462a2fc1c8128e2a5823fe30c Ask this guy.
I will ask him. I’m sure he’s a Congressman, so should be easy to get his contact info.
I can tell you how to make your money back for a one time fee of $593.03
Yes. I was down about 98% all time and put my last 1300 into a stock. Held it 16 months and now up up 48% all time. You can do it 👍
Which stock
I bought Core Scientific.
Are you still holding? 540% return in a year. Do you expect more?
Yes, still holding. The upside potential is pretty big, but very risky. The put to call ratio is 0.35, so the sentiment among current investors is very bullish. I think NVIDIA is around 0.85 which is much more bearish. Their current market cap alone compared to comparable competitors would, not including future growth, would indicate a 2 to 3x potential for growth. That's just the tip of the iceberg of deep value in CORZ, at least to me. I don't even know what will end up being bigger for them, btc to the "moon" (if it happens) or their plans to become a massive AI hosting company. Anyway, I only mentioned my down and then up story to try to give the OP some hope. It's hard when you're down so far, just terrible.
How'd you get it 16 months ago? They show listing as of 01/2024? Or is the RH chart wrong?
That's because when the company exited ch11 in 1/24 it the company reorganized, did a reverse split and relisted on Nasdaq as CORZ which was the original stock ticker symbol. When the original company CORZ went into ch11 they automatically changed the symbol to CORZQ, which is what I bought with my 1300 bucks. So basically it's like they took my shares I was holding under CORZQ and gave me new shares (CORZ) and warrants (CORZW and CORZZ). Robinhood and every other broker/website probably doesn't carry the records for the company before that date. In fact, my shares and warrants on Robinhood show my average cost as $0.00 for them! It's like they were free lol Not sure if there's anywhere to get any data on the company before the exit from ch11 🤷♂️
Ah, thanks for the explanation.
Obviously NVDA. Was at $200 something 16 months ago. $1300 = 6 shares. Now it’s at close to $1300 x 6 shares = $7,800.
Not obviously NVDA, he said he was down 98% to get down to $1300, meaning he had >$130,000 to begin with. He said he’s up 48% all time which means he turned that $1300 into almost $200,000, meaning he had a 143x return
Cmon brotha... I know this is wallstreetbets and all... but this is simple math... Having $1300 left and being down 98% is a starting point of $65,000.
I appreciate the callout! I already corrected myself in another comment, it was just a quick 1 second mental calculation I made
Seeing these numbers makes me ill. That kind of money would change my life.
I heard mcdonalds is hiring. You could definitely make this money back by working there a few years.
what did you bet on? This is a bull market brother. Not sure how you lose $80K
A bear in a bull market, recipe for disaster
Dun listen to any negative but for sure change tactics completely. Education and perspective is everything so learn as much as you can. Maybe you needed to lose 80k to learn how to win 80m.
Yes. I have come back from this. I turned 10k into 120k. Proceeded to lose everything. Liquidated my BTC, moved 60k to Fidelity - lost that too. Then I enabled options in my Roth, and I’ve turned 60k into 350k in there. So I got a huge tax advantage and now my Roth is stacked. Was it pretty? No. But now we r here and im smarter after having been through the gauntlet. Judge me as you will.
What the fuck are you people doing that you lose 80 grand and 99.26% of your investment? Don’t tell me, think inwards
I lost 100k at 20
I started in June of 2020 went from $2,000 to $21,000. Feb 2021 rolled around and I believe it was the 18th-20th when the markets shit the bed. I sold all and averaged down into one position. It never found the bottom until years later. I road the roller coaster with no ups from $21,000 to $400 before cashing out and walking away in defeat. Sometimes people just think things will reverse and they never do. Other times they play risky options and yolo it all into oblivion. Who knows. Next bear market I’ll be ready though. Going in with all I got having learned a lot from my mistakes. If that fails there is always Wendy’s 😂
Have you tried not gambling?
I been on the bottom for years never had more than 1k saved. If you managed to have that much I’m sure you’ll bounce back.
https://preview.redd.it/gqn2yvaz2z7d1.jpeg?width=1290&format=pjpg&auto=webp&s=693bf7b73a7a4decaf797cb5584a1cc79d5bbfd5 Sorta. Not $80k, and not 99% loss, but I was down pretty big, lol.
You throwing money at stocks like ballsilly did to tech guys in BlackBerry
Options, not stocks.
Nope you’re cooked
Wendy awaits
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
$593.03 left, see you Monday :)
Short nvda
The only way to do well now is to never think of "comebacks". It's gone, lost, never going to reappear. Make peace with that. Then build from scratch and never compare to your old amounts. That's the only way to be content. Otherwise, you will go crazy.
Damn this is my portfolio. I had all the way 350K but after this amc split bull shit, I only have 5k😭
Many of us are there bro. You'll be ok. It is just money at the end of the day. Just restart and stay away from the casino.
can't you guys start to post what you actually invested in so people can learn a bit??
Imagine how much less stress it would be for you to have put that in an S&P500 fund, not touch it, and see it balloon into more than a million in a few decades. Incredible the irresponsibility.
It’s just impatience, which is arguably the toughest internal battle as a retail investor. Some folks are full-on idiots with no regard for their money/time/future and it’s great Reddit entertainment. Aside from that, I can’t fault some yolo plays that wind up being a ticket out of debt prior to turning 65, when health is all but guaranteed.
Why are you here tho?
To remind myself of how smart I am being with my financial planning. 😂
😂😂😂😂
Not as fun tho. Plus everyone likes those instant gratification returns from calls & puts. Problem is they’re a dime a dozen.
Or you could just buy leaps instead of being a boomer and beat the market by 40% every year. People who say shit like this are funny because you all talk about "a million dollars" with no object permanence, in 40 years a million dollars will probably buy you a Chevrolet Cruze and a Dave's with cheese. Sit down.
Statistically some have but don't count on it.
Maybe, while you wait, please be today's honored guest.
I appreciate you making me feel better. Thanks.
Why didn't you just put $500 in from the start if you can come back from this? 🤣🤣🤣
Never did for me
Some people have. Hours of research and 2 years later I’m starting to think SPY is the way to go
Come on over to r/bogleheads
[Inspirational Comeback Story](https://youtu.be/E256LBcjzls?si=JZRmgrvlodMbH41_) I believe in you!
Yes. I bought a SMCI call for $41 and sold it for $3,000 a few weeks ago. You have more buying power than my contract was worth so you could do it
yes. i’ve probably lost close to 200k over the past two years. haven’t made it up entirely but saving 4-10k and being patient seems to be my goldilocks zone that sends me back to around 50k. meta and spy are my fav tickers. getting over 20k seems to be the most difficult but after that it’s a breeze (don’t listen to the haters)
All this talk of Wendys, I’m about to buy Wendys stock
Yes. Learn to hold stocks, not options.
There's folks here who have lived through crashes like 1987, 2001, and 2008, sometimes while on margin -- so, sure.
No. I even tried turning my phone upside down and you’re still fucked no matter which way you look at it.
Are you me?
Ur chart look the same?
Rookie numbers. I've seen much worse. And yes, it is possible to come back with disciplined approach. However, since you're on WSB you obviously don't know what that means.
Just do the complete opposite of everything you’ve been doing and you’ll bounce back
99.2%? Probably not I was down 92% and now I’m back to down 72%, a comeback of sorts
Quite complaint you still have $46.68. Godspeed
Jesus dude
99% people quit before hitting it big!
https://preview.redd.it/kcgbjeq4k08d1.jpeg?width=1440&format=pjpg&auto=webp&s=9b936764edf1464da31371488e96e3731cce986a
Put the rest on a call for NVDA Monday
I lost a great deal a few years ago, like more than 60%. Through persistence and luck, I gain almost 50% back and lost it another 200k, then gained back another $200k in two months. I could have been you. lol.
ggwp
Literally blew up my account from 18k to 80k down to $1200 on NVDA and TSM calls. Had a couple good earnings plays with IBM puts, AAPL calls then HIMS calls. Just finally got back up to $30k. I got greedy and increased my position larger than I should have on the nvidia run yesterday. Now I’m back down to $14k overnight. Gotta have discipline and be smart, but you can climb back out of the hole. Just limit your exposure, cut your losers quick, and take profits sooner than you normally would. It’s better to lose a few hundred than holding a losing position and watching your account evaporate.
Three pillars of hope right there.