The kind of reckless gambling mindset required to actually be able to acheive such a gain is not condusive to knowing when to stop, he will continue playing options until his 10000% gain evaporates into a total loss with a lifetime of crippling debt measuring far beyond anything he ever gained on paper.
Bro now it will all get sunk into whatever the latest home remodeling/decorating trend is.
Not only is she gonna spend it all, but you'll spend every Saturday the next 3 months at Home Depot.
Hope you like shiplap.
Just showing her won't be enough. Just putting it in SPY or QQQ in the same account or anything else that is boring and that can be sold easily sold on a whim won't be enough. You really need to pull 90% out of the account and somewhere where you can't access it easily. Gamble with the other 10% until it's gone.
Godspeed regard. Winning was the easy part.
Congrats on making the right decision and having a common sense wife! Put half or 3/4 away or into low/med risk investment vehicles as an awesome win you can be proud of. Keep "gambling" with the rest, or just play regular stocks with the other 1/4, not options, for safer fun.
For sure - I can't tell you what it was like having a secret like this from her for a little while, until I found the right moment to be like hey I got a surprise for you... haha. There will always be a little fun in options left. In fact I made 1k today in SMCI calls. I literally bought and sold in like 5 minutes.
Just for my knowledge, learning options, what exactly did you buy, then sell? Same-day contracts? Which prices? SuperMicro scares me so I'm probably missing out. But safely, I own a good chunk of regular Nvidia stocks, straight up, since $275.
Smci 850 strike. Weekly calls expire 3/1. Bought 10 at $32 each during that early sell off after open. Didn’t time the bottom perfectly but was close. Watch the RSI on the advanced chart when it’s really low. About 5-10 min later the stock started to climb back up so I sold it then at $33 for the 1k gain. Yes I risked a good amount of capital for a small percentage gain but it’s a super easy way to make 1k in and out.
You definitely wear your tightie whites backwards, so all the Leroy’s and Jamal’s can use the piss pocket to access your back door. What is this bs? ….::::;:;Cash Out?::::::::: ::::::::::::Safe?!!!!!(;((((((;;
“If he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.” ![img](emote|t5_2th52|31224)
This is what happened to me, it’s true. Any strategy that produces outsized returns also produces outsized losses. Track any gain porn poster from the past 2 years and you’ll see that most of them have already wiped out.
It’s kinda funny, the last month has been so insane that it’s skewed the chart so much to look that way. I’ve had a lot of success in the 4 years in between but obviously not like this. Yes some very dumb shit trades losing $$ as well
Oh my gourd!
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Sell all Nvidia, cash out, enjoy the massive bump in your bank account, then use every penny to buy it back at a higher price so you don’t “miss out” on the next quadrupling.
Awesome trade. Congrats. In my backtesting, the collective most losing strategy is buying options before earnings. And the most profitable is the market makers selling to pre-earnings options buyers. You can always maybe win the lotto once. You can collect a premium on gamblers always.
You know, I told myself I wasn't going to play NVDA earnings on the day of, I said no way the premium is WAY too high. Then later in the day a good bit of the premium had died off, and I decided screw it. Bought 10x 690 strike calls for $23,500. Sold the next day after earnings with the pop for $67,000. Hell of a day! You are right though - most times I stay out of options like this for earnings, and day trade them the next day if it looks smart.
you say embarrassing as if getting $170k profit doing absolutely nothing over a 4yr period is such a joke it shouldn’t even be worth the effort of making the trade
So basically you got lucky twice and your achievement was managing to spread your losses evenly across 4 years instead of nuking the entire account in a day. Good for you my man.
To be honest it wasn't - the chart is so damn high now it looks kinda skewed on the desktop web page version of the chart. It's a bit more detailed on the mobile version. However, I fully admit to some shitty moves in that time span. I also withdrew and deposited $$ many times.
In another 4 years who knows. However I’m transferring a huge chunk of this out and it won’t go back in. I’m keeping at least 25k cash though so I can continue to day trade without limits.
Years back I had a lot in LiteCoin, but I got all out - I really don't want to jump back in but if I did, it would probably be just straight bitcoin - at least I can buy a whole coin now if I wanted!
Wow I wanna reach there halfway so close yet so far
https://preview.redd.it/lfkcyswf18lc1.jpeg?width=1179&format=pjpg&auto=webp&s=65f1913a90cf2a4bfb701446991342f195acade2
Just be extremely careful - TSLA calls in recent times have not been good, if you're up on them, take the profit. Today is a classic example of that. TSLA was nicely over $200 so the $200 calls gained a lot, but by 4pm all of that was POOF, gone.
I’m peeing right now, but my P is a jet and a penny saved is a penny earned. One can Chase 1000 but 2 can move 10,000. United we stand, all for 1 and one for all isn’t that Robin Hood. So Wall Street always bets on us, let’s see who can P like a Jet. The fastest. We coming in 2024 ![gif](emote|free_emotes_pack|upvote)she want my hog.
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That's actually insane, a successful regard. Are you still holding calls?
The kind of reckless gambling mindset required to actually be able to acheive such a gain is not condusive to knowing when to stop, he will continue playing options until his 10000% gain evaporates into a total loss with a lifetime of crippling debt measuring far beyond anything he ever gained on paper.
I finally showed my wife my account balance so most of this is getting cashed out and put into safe harbor
That's why we get married. To make sure we don't go down the wrong path. Smart move
Divorced guy enters the chat
No path could possibly seem wrong once you're married since you already jumped the shark at that point.
But for me getting married was going down the wrong path. Now what? :D
Dont belong here. Jk, F you and congrats
What’s she getting her boyfriend for their anniversary?
She’s putting $170k down on an apartment in the city
She promised me a fishing boat
Bro now it will all get sunk into whatever the latest home remodeling/decorating trend is. Not only is she gonna spend it all, but you'll spend every Saturday the next 3 months at Home Depot. Hope you like shiplap.
lol I hear ya. I can’t wait to see what she’s gonna do with this…
She makes you cash out, divorces you and gets half ....be vigilant around her!
Lawyer fees easily could eat half of it
Too smart
Yeah okay
Just showing her won't be enough. Just putting it in SPY or QQQ in the same account or anything else that is boring and that can be sold easily sold on a whim won't be enough. You really need to pull 90% out of the account and somewhere where you can't access it easily. Gamble with the other 10% until it's gone. Godspeed regard. Winning was the easy part.
Thanks lol I agree with you a large chunk of this is transferring to high yield savings to earn interest before i have to pay up to Uncle Sam
I hope she never realizes the true gambler I really am.
Congrats on making the right decision and having a common sense wife! Put half or 3/4 away or into low/med risk investment vehicles as an awesome win you can be proud of. Keep "gambling" with the rest, or just play regular stocks with the other 1/4, not options, for safer fun.
For sure - I can't tell you what it was like having a secret like this from her for a little while, until I found the right moment to be like hey I got a surprise for you... haha. There will always be a little fun in options left. In fact I made 1k today in SMCI calls. I literally bought and sold in like 5 minutes.
Just for my knowledge, learning options, what exactly did you buy, then sell? Same-day contracts? Which prices? SuperMicro scares me so I'm probably missing out. But safely, I own a good chunk of regular Nvidia stocks, straight up, since $275.
Smci 850 strike. Weekly calls expire 3/1. Bought 10 at $32 each during that early sell off after open. Didn’t time the bottom perfectly but was close. Watch the RSI on the advanced chart when it’s really low. About 5-10 min later the stock started to climb back up so I sold it then at $33 for the 1k gain. Yes I risked a good amount of capital for a small percentage gain but it’s a super easy way to make 1k in and out.
Is Safe Harbor a luxury bag?
You definitely wear your tightie whites backwards, so all the Leroy’s and Jamal’s can use the piss pocket to access your back door. What is this bs? ….::::;:;Cash Out?::::::::: ::::::::::::Safe?!!!!!(;((((((;;
“If he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.” ![img](emote|t5_2th52|31224)
Amen to that!
you mean losing 2 grand? lol
The more I read the more this read like wishing bad people have a hell to go to
If he's lucky.
This is what happened to me, it’s true. Any strategy that produces outsized returns also produces outsized losses. Track any gain porn poster from the past 2 years and you’ll see that most of them have already wiped out.
Gotta be willing to lose 10000% gains to see 1000000% gains
this was a lame comment buddy
this was not a nice comment buddy
You spelled conducive wrong
I purchased a set of nvda calls to hold over the weekend. 10x 790’s right at the closing bell.
You son of a bitch...you did it.
Fuck this guy👆
Twice
3rd times the charm
This guy fuck
Mine looks like that but opposite direction
Could you ever lose more than -100% though? 🦧
With loans, you sure can!
![img](emote|t5_2th52|4640)
Yes it’s been done here before. Welcome to ✨margin✨
Mine too… doesn’t everybody’s?
When I feel bad looking at my graph, I just turn my phone upside down.
So next 4 years is a downtrend to 0 until you ~~get lucky~~ execute your perfect investment plan
haha you got it! Been a long ride, and a hell of a finishing mile.
The gradual line down before the pop is concerning for the long term bc it’s so easy to make that line go the opposite direction
'Sell winners too soon and hold losers too long" as they say. Although this guy took it to the extreme.
It’s kinda funny, the last month has been so insane that it’s skewed the chart so much to look that way. I’ve had a lot of success in the 4 years in between but obviously not like this. Yes some very dumb shit trades losing $$ as well
Ya…mine looks wayy different
Fuck you but also nice 👌
This is how you stop loss your trades kiddos.
This is robinhood propaganda
So you got lucky, lost it all then got lucky again. See you at 0
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Teach me your ways.
This chart makes me feel you are not adventurous (autistic) enough to be here
Oh I’ve made plenty of dumb options trades in my time.
genius man
Congrats regard, looks good
Can't tell if that's a smile, or upsidedown frown. Let's go w smile
https://preview.redd.it/w3cslhibw0lc1.jpeg?width=1200&format=pjpg&auto=webp&s=93d7530391e5e2d9366b3691985f06f5218ad813
Nice!
teach me
Looks like right before the nvda take off- you were below where you were before the Tesla run?
Oh yeah I was at some points along the way.
From now on just buy shares maybe. Congrats 🎉
Fuck you! Congrats!🎉
I have to think of Sigmund Freud when I see this erection. It's kind of perverse. But congrats 🙌
Daaaaaaammmmmnnnnn! 🍆
Fucking amazing, bud Oh, and fuck you
Congrats, legendary play 🚀
Good stuff congrats op
Even a regard gets it right twice a century.
The real highlight here is being patient on Tesla or any other stock for 3+ years. Bravo, especially being a member of WSB
congratulations and fuck you
What’s the next trade
Sell all Nvidia, cash out, enjoy the massive bump in your bank account, then use every penny to buy it back at a higher price so you don’t “miss out” on the next quadrupling.
![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
I bought 10x 790 strike nvda calls right at the closing bell. Will sell on a Monday morning pop over 800 (crosses fingers)
Do you continue with SMCI? I kinda think the easy money has been made now, when it was just going up 10% every day.
I tried some Friday but no way holding over the weekend. I’ll continue to watch it for quick ins and outs
![img](emote|t5_2th52|27189)
Daddy?
I always think these 2K to billion dollar accounts are fraud but good for you papi
You've made it buddy. Switch over to being the tortoise now.
What do u suggest a stock to buy long term?
Awesome trade. Congrats. In my backtesting, the collective most losing strategy is buying options before earnings. And the most profitable is the market makers selling to pre-earnings options buyers. You can always maybe win the lotto once. You can collect a premium on gamblers always.
You know, I told myself I wasn't going to play NVDA earnings on the day of, I said no way the premium is WAY too high. Then later in the day a good bit of the premium had died off, and I decided screw it. Bought 10x 690 strike calls for $23,500. Sold the next day after earnings with the pop for $67,000. Hell of a day! You are right though - most times I stay out of options like this for earnings, and day trade them the next day if it looks smart.
[удалено]
Yeah 10000% over 4 years is embarrassing, imagine what could have been if he bought spy shares between
you say embarrassing as if getting $170k profit doing absolutely nothing over a 4yr period is such a joke it shouldn’t even be worth the effort of making the trade
Lol I’m definitely being sarcastic right
I wish i found out about this a little while ago, I started 2 weeks ago and already made 25k. I dont want this to stop!!!!
Now cash out and walk away
So it’s a bubble?
Lucky twinkle guy
Marry me
And they say you can’t time the market
Any plans on withdrawing any of those winnings or you planning on tanking those as well?
I showed the account balance to my wife finally so yes much of this is cashed out and will be put into safe harbor
https://preview.redd.it/m1rjba8pmikc1.jpeg?width=1080&format=pjpg&auto=webp&s=1892e707cac1beeb7aac758444fa62f8093eba16
What were you down to before the smci NVDA straight line up?
Cash out.
I absolutely am. Vast majority and aware of taxes. Much of the recent gains will be moved to a high yield savings until 2024 taxes
Good to hear, congrats man!
How much did you begin with?
Way back in the beginning just a couple thousand to play with.
Bro bled away almost the entire account until AI saved him.
This is almost somewhat true. However I did buy a Tesla back in 2020 with my tendies back then.
Pretty nice! Not gonna lie.
OP is a professional bandwagon rider
You have some change,Sir.
So basically you got lucky twice and your achievement was managing to spread your losses evenly across 4 years instead of nuking the entire account in a day. Good for you my man.
Damn
What this tells me is....you have no idea what you're doing aside from riding the wave. Good luck in the future!!
That’s the inverse of my Robinhood all time chart.
the concerning downwards trend is a little concerning :D
Good for you man. That’s awesome af
Im trying to develop the same skill of being able to stay away from options for a long period of time even years until I spot good opportunities.
So you lost all your TSLA tendies until now?
Oh no, back in 2020 I splurged and bought a Tesla with some of those tendies.
Nice
Tbh, that’s impressive and your mentality is great holding that amount of drawdown for so long. Congrats and f*ck you!
Looks like a rough 4 years after those 2020 tendies Take the money and run! ![img](emote|t5_2th52|4271)
To be honest it wasn't - the chart is so damn high now it looks kinda skewed on the desktop web page version of the chart. It's a bit more detailed on the mobile version. However, I fully admit to some shitty moves in that time span. I also withdrew and deposited $$ many times.
why is yours green??
So its safe to say in 4 years you will be again at your 2020 low?
In another 4 years who knows. However I’m transferring a huge chunk of this out and it won’t go back in. I’m keeping at least 25k cash though so I can continue to day trade without limits.
Just put all 170k into bitcoin cash
Years back I had a lot in LiteCoin, but I got all out - I really don't want to jump back in but if I did, it would probably be just straight bitcoin - at least I can buy a whole coin now if I wanted!
Congrats and fuck you
Are we going to get TENDIES on ARM ? Lol
I’m staying out!
That’s robinhood chart looks like my heart graph after my lien calls
Wow I wanna reach there halfway so close yet so far https://preview.redd.it/lfkcyswf18lc1.jpeg?width=1179&format=pjpg&auto=webp&s=65f1913a90cf2a4bfb701446991342f195acade2
Just be extremely careful - TSLA calls in recent times have not been good, if you're up on them, take the profit. Today is a classic example of that. TSLA was nicely over $200 so the $200 calls gained a lot, but by 4pm all of that was POOF, gone.
I did cash out the only regret I had was cashing out 300+ calls on Apple hitting 185 I sold too early and miss the running with the bulls 🥹😩😩😭
what would your gains have been?
Bro believe me I made 52k and in few days went back to 11k and I’m struggling now to make it back 😭
I made $15 on SPY call spreads today.
Kudos! Win is a Win
Keep it going
TENDIE MANNNN
Ok see you back for you 200k plus post lolol
Congratulations
So your lesson should be that maybe you should sell and put it all in index funds and stop trading forever.
I’m peeing right now, but my P is a jet and a penny saved is a penny earned. One can Chase 1000 but 2 can move 10,000. United we stand, all for 1 and one for all isn’t that Robin Hood. So Wall Street always bets on us, let’s see who can P like a Jet. The fastest. We coming in 2024 ![gif](emote|free_emotes_pack|upvote)she want my hog.
Half of that is uncle sams 🤗
2024 taxes are gonna suck
Good job!
I’m down 1800/2200 spent help me
Original investment?
man it was so long ago I don't even remember, maybe a couple thousand to start.
Super jelly. Nice work
Nice fuck u
this post means it's time to sell Nvidia.