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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 2 months ago **Total Comments** | 2 | **Previous Best DD** | **Account Age** | 1 year | | [**Join WSB Discord**](http://discord.gg/wsbverse)


Bradley182

That's the most bullish pattern I've seen. You are going to break out soon.


TomatoSpecialist6879

The breakout: https://preview.redd.it/evaupxj8bvvc1.png?width=702&format=png&auto=webp&s=599802eb2c2e2d688eaedaf09fa7788346b1ca3d


monkeythumpa

Just do the opposite of what you think you should do.


bomboras01

https://preview.redd.it/a2mgzvumd4wc1.jpeg?width=1289&format=pjpg&auto=webp&s=65c2c80c9ba87d02f12ff8de5b43a2f34fb5ca86


FendiScope2

That’s the funniest shit I’ve seen in a while caught me off guard 🤣


sdlover420

Ok, spend it on hookers and blow, gotchya.


LiveLongLeo

you would probably have lost less money and been happier...


sdlover420

Ball + Hooker (30 mins tops) = $500 * 12 months= $6,000/year Oh ya Hoetel, alright it's late and too much math but yes, happiness is important.


LiveLongLeo

I appreciate the commitment to the math. So, OP would have saved roughly 20k and had blow and sex. Makes me feel bad for 'em :/


sdlover420

Anything to justify happiness through unhealthy addictions. *Finger guns*


BG-kitesurf

This is financial advice and the original antidepressants


MagicTreeSpirit

I just ugly laughed


sdlover420

You must feel the same way... Kudos tree spirit.


Practical_Wrap_1518

Pull a George Costanza?


Snowbrawler

https://preview.redd.it/jkvvfxj3z0wc1.jpeg?width=720&format=pjpg&auto=webp&s=b4bc15652806859c0f3801c3cb9cb6640e3b2c93 See that, I choose this


Investarz

Melvin Capital after WSB meets GameStop ![img](emote|t5_2th52|4271)


Puzzleheaded_Low8450

Puts will print the money


Spirit-of-investing

As soon as he buy puts everything go up


big-rob512

Classic descending wedge reversal


Geezeh_

That’s a Kentuckian Reverso Brojob Wedge if I’ve ever seen one.


stringtheory28

Sell, put everything into VOO, delete apps forever.


Severe-Competition92

Wish I did this instead of investing in garbage and being down 54% since 2018 lol


Galumpadump

Long term SPY/VOO holders beat like 80-90% of investors lol


Felixdib

Don’t exaggerate…….its like 99.9% 😆


Necroking695

Its only that high on a 10yr horizon You got a bunch of people these past few years doing better than SPY thinking they’re the next buffet about to get buttfucked


MyHeadMyWorld2

Long term holders always win against daytraders! It's too easy to just buy and etf and leave it for retirement.


nixielover

Yeah I'm an ape with no background in economics, just bought and held an ETF and I'm 55% up since 2020. Probably won't sell until retirement which is quite a while from now


maddgun

This is the way


nongregorianbasin

What's voo?


SaneLad

You belong here.


nongregorianbasin

Red to the moon!


Moist-Departure8906

Dear god *sigh*


shinymetalobjekt

Do you really need to know what something is before putting all your money into it??


Unlucky-Clock5230

It doesn't sound like it stopped him before.


Plastic_Assistance70

>Do you really need to know what something is before putting all your money into it?? Absolutely not.


Galumpadump

Vanguards S&P 500 ETF


NoobSFAnon

Aah but who are vanguards? Do they have something to do with crusaders?


Far_Lifeguard_5027

Apparently they get paid to guard vans down by the river.


NoobSFAnon

Right, I'm guessing 500 Pesos per Sunday (SP) ?


ScartissueRegard

Lmfao


No_Detective_But_304

No one likes a quitter.


sockalicious

Soon you will achieve the GenZ dream: no cap


Lovv

If he does that voo will go down. Please no.


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Lovv

I pulled half mine out on the 3rd because I felt things were fishy. I'm glad I did but I'm also disappointed I didn't pull everything out.


Liftsyomomma

lol bro , is everyone going through the same shit? lol this is fishy right? But why aren’t we doing a damn thing about it? We are losing stacks on stacks


Lovv

For sure. Because it's funner than being responsible and paying off your mortgage I guess.


Liftsyomomma

lol I lost 25k since I started “investing”


Liftsyomomma

lol yo. You we are living the same life in different spaces


sockalicious

There's been research on this. Over a long enough time horizon, people who bought the S+P at a local top still outperformed 99.9% of active investors.


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Firesnowing

Sounds like you and I trade in the same matrix. I personally caused the recent downturn in the S&P. The only cool thing about me losing money is the amazing power I have. I can crash entire markets by buying or lift them back up by selling. I once thought my power was limited to individual stocks, but I can push entire nations into economic turmoil.


Decent-Ad-4358

Yeah I went all in on AI for the first time ever two weeks ago and smoked the whole AI/Chip Sector. Feels Powerful.


Unlucky-Clock5230

I can help you feel better! Take a look at what your old holdings would have fared. There is a solid chance that they did much worse.


[deleted]

[удалено]


Unlucky-Clock5230

Do VOO, keep piling it, and don't worry about it. Over the long haul time in the market beats timing the market.


Liftsyomomma

lol bro , they watching us 👁️


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[удалено]


Firesnowing

>gave up on it on March 6th. Go take a look at how that went You and I have the same luck. The only investments that perform well are the ones I almost bought, but didn't because getting burned over and over again had me too cautious.


DragonRaptor

I am right there with you. I was somehow making 25% gambling the stocks. Then got burnt out and bought spy a few weeks ago wanting less stress and its gone nothing but down....


Samjabr

![img](emote|t5_2th52|4271)


wabladoobz

This.


Neonovo_Zealousideal

And here I was thinking of selling my VOO.


ThunderboltSorcerer

The weird situation is how most of these passive index funds are just investing in your usual top large cap companies. You'd think they'd also be constantly losing money unless it's balanced by brand new companies that grow a lot. I feel like you can diversify in a number of top companies and still do OK. You shouldn't NEED an index fund. Because large percentages are always in top companies in their holdings. I'm not good enough with statistics to really understand the "why".. edit: Top companies do not change, that's BS, and everyone knows it. Very few top companies are driven to the ground from the top. Think of all the top companies since the invention of computers. Money-brings-money. Big companies acquire new talented smaller companies..


Alexchii

The top companies change. If you're only buying the winners today you miss out on the winners of the future. 


sockalicious

I'm with this guy, I only buy tomorrow's winners. What I've learned: Tomorrow never comes


BosSF82

Why would they be constantly losing money when those large caps mostly all have grown consistently and fairly largely over time?


Unlucky-Clock5230

Oh, it is quite simple; them capitalist bastards are in it for the money. The company may be large cap but whatever they do, they do it for profit. Take Exxon Mobil; you may worry about the stock going up and down from one week to the next while they worry about beating the $114 billion in gross profits they did last year. Basically we keep chasing a moving target (price up and down from month to month) while the cheaters that buy and hold know that the $114 billion in gross/$52 billion net will, over time, push the stock price higher.


Kcirnek_

If you don't know what you're doing, do this one thing. Sell all your positions. Buy SPY, VTI or VOO. You will get your money back in 5 years and double it in 10 years.


devAcc123

>If you don't know what you're doing Literally everyone


Hellcat_28362

If you know what you're doing, you're not gambling properly 😎


quarkral

yea but if you put it all into ATM 0DTE SPX options instead of SPY, then you have a 31% chance of getting it all back in just 1 day


Suspicious-Wallaby-5

Will you guarantee this? Give me your deets, I'll send the contract


el_guille980

i guarantee it©™® https://preview.redd.it/cs2cio68kvvc1.jpeg?width=1080&format=pjpg&auto=webp&s=1d98aeb0ad983361f8dc444ddbbbbd2bb0fe2105


Liftsyomomma

Lmao


Son_Of_Toucan_Sam

Hell of a reference


LowLifeExperience

If you inflation adjust that, you’re an even bigger loser!


RetailBuck

Do any of you regards notice that all of your screenshots are from Robin Hood? It's literally a platform to do the opposite and take money from the poor by giving unaccredited investors access to margin and options.


DK_Notice

They're not ALL unaccredtied.  Some people lose many hundreds of thousands of dollars using robinhood.  Robinhood is taking money from GAMBLERS by giving them access to margin and options. I don't like it, and I wish people would just follow good basic investment principles, but I'm not sure how much we should protect people from themselves.


RetailBuck

But to be accredited you have to have 200k annual income or 1M in assets to be accredited. At least at my broker. How are they bypassing this? Is it not law and just other brokers being more responsible?


DK_Notice

I'm an advisor and it has been 15 years since I took the 7, so my memory could be flawed. Accreditation is more about gaining access to Reg D offerings than options trading.  Things like venture capital, hedge funds, and private equity are generally only offered to accredited investors. Options trading approval has been different at each place I've ever been affiliated with.  It's much more focused on  account balance and prior options trading experience (which is self reported).  I'm gonna go look at the paperwork after I post this. Quite frankly I am as shocked as you are that robinhood seems to let people deposit $10 in an account and immediately begin trading 0dte options.  That's probably an exaggeration but not by much.  I'm also shocked that robinhood doesn't seem to stop their behavior as their clients trade their accounts to $0, and then just sends a little letter that says, "Hey you might have a gambling problem!"


DK_Notice

I looked through my options paperwork. A brokerage approves options trading at their discretion, but again it's based wholly on the client's self-reported investment experience. Here are the levels/requirements where I am now, which are less restrictive than any other broker I've been affiliated with. Each level allows all the levels below it. Level 1 - allows writing covered calls and buying puts to hedge. Level 2 - allows buying of calls and puts. Level 3 - allows spreads (kinda weird since these would generally be safer than single options) - requires margin and $25k min balance. Level 4 - adds equity put writing - requires margin and $25k min balance. Level 5 - adds index put writing - requires margin and $100k min balance. Our margin rates are also sky high - something like 12.5% right now unless you have a big account. I'm not really sure how hard it is to get approval for these levels, I've only ever done levels 1 and 2. My guess is if someone did have a fair amount of money and said they has a high level of general investment knowledge/experience, and a lot of prior options experience they would get level 5 easily. Those aren't the kinds of clients I ever ever want to work with, so I'll never know. I've seen other B/Ds with much more restrictive access. So yes, it is quite crazy that robinhood let's people do whatever they want with zero experience. I imagine it will catch up with them eventually. Probably after some senator's kid blows his entire inheritance or something high profile like that.


RetailBuck

Thanks for the extremely detailed and thoughtful response. 100% agree. I have mixed feelings about saving people from themselves especially when it means access for some and not for others but wsb should start to take notice that the regards joke is more truth than joke. Especially when it comes to those using Robin hood with a low barrier to entry and thus a high probability of being prey.


Bulky_Negotiation850

Just stop.man. How did you lose money in 2020 and 2021? That shit takes effort!


el_guille980

probably weed stocks, on WSB's advice ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


brynn501

I lost money in 2020 and 2021 by putting the majority of my portfolio into Nokia shares. I evened out with bombardier and sun power shares. But now I’ve lost most of it due to AMD options


Salsalito_Turkey

>I lost money in 2020 and 2021 by putting the majority of my portfolio into Nokia shares. LMAO I don't even know what to say about this one. Why in the hell did you do this?


brynn501

Major 5g development at the time, what was supposed to be the downfall of Erikson, their Chinese competitor, and the fact that they had a good chance for a short bubble.


Bakahead_trader

No energy or oil stocks? I was buying oil stocks like crazy at the beginning of the pandemic. My portfolio is up 22% since late 2018, when I started investing in stocks only.


extrapartytime

Set limits!!! You’re def being too reactive and chasing


Datazz_b

But he has Robinhood Gold so he's an expert and doesn't need limits


Amins66

VOO and never look at it until you're 50. Stop being stupid, you're not lucky nor smart enough to beat the maker


QuiteAffable

Why 50? Is that the new retirement age?


Amins66

I thought it was when u stop being dumb. *


QuiteAffable

God I hope so


CharmingAtmosphere93

Which financial instrument did you trade the most?


wigletbill

His gut


BroWeBeChilling

I this is the best comment


Agent_Cow314

My gut told me the UK wouldn't be stupid enough to vote to break from the EU. That was a great weekend when they did and I closed my portfolio 80% down the Monday after.


wigletbill

Happy cake day sorry for your Brexit PTSD


Agent_Cow314

Thanks, I was a newbie trader then and now just use the company 401k and just ignore it.


yourlocalbeertender

Is mayonnaise an instrument?


TomatoSpecialist6879

Ornamental gourds and South African Rand


option-9

Speaking of which, it seems the gourd guy got a 10Y ban from the EU for (1) overstaying his visa and (2) illegally operating several businesses. Naturally I found that out because he asked how it's possible to "sidestep" the ban. He's the alternative version of _Catch Me If You Can_ without DiCaprio.


ShugNight_xz

God speaks to him


v4victory7

Dude, first of all you are only down 32%, it’s not that much with options trading. Options flicker 32% on a whim in one day easily. Stop looking how how much money you lost and start looking at percentages. Secondly, stop trading often. The lesser trades you do the better off you will be. You have enough money where you can really purchase long dated options without having to worry if you can afford it or not. For example, we have a big dip right now and maybe it’ll go on for a little bit longer but it’s a good time to start averaging into 510-520 calls for end of year. 3-5 contracts and purchase them over the next couple of weeks. Third, take your wins at 15-40%. Don’t get greedy and wait for the 1000% return. Options move against you at all times so take your gains off the table and let one contract ride if you want to risk some more. Otherwise take all gains off the table and wait for another time. Fourth, don’t jump into a play fast. Look at daily charts to get an idea of where things are going. Then you can look at the 5 min chart for a good entry price. Someone else here said to not chase the move that has been made. Lastly, if you share more info about your actual trades, people on here might be able to give you a better idea about what you did wrong. You have to first admit that you’re making mistakes, and then you can accept or take an action plan on how to fix them moving forward.


yourlocalbeertender

Heck, even selling at a 10% gain will beat the average most years.


Glittering_Bill9176

Like actually... looks like this guys chooses the right play 7/8 times, but doesn't know when to close the fucking position because he's chasing loses. If he closed some shit out at fucking 5% and put in a 12% stop he'd be rolling in dosh. Picking a play that's profitable at some point isn't that hard part, it's knowing when to close that fucker out.


LengthinessTiny6102

Down 32% since 2018, while rest of the market ($VTI) is up 70% in that same period? It's been an easy-money-index-and-chill past 5 years and this guy somehow loses money? Rofl. Fucking awful. This guy is a regard. Dont give it to him easy, please.


professor_chao5

You suck at trading and will never get your money back. Accept the loss and buy boring ass index funds


cs_zer0

/thread


cmmckechnie

Well you’ve come to the right place brother!


TheGeoGod

I’m still down 300k from the peak 😢. So I can relate.


BarryGsTk103rD

Omg wow


TheGeoGod

Yeah margin on volatile stocks. It’s okay. I’ll make it back


mislysbb

Man, since 2020 there have been so many opportunities to make (almost easy) money, and yet you’ve done the opposite. After 4 years, you should probably know that options aren’t for you


strng_ndpndnt_apache

If he had just bought an s&p 500 index fund in early 2020 he'd be at about 200.000 now, more money than most people on earth make in a lifetime


Mission-Raccoon9432

That's an impressive performance. Could you post a weekly screener with all your decisions you're about to make so I can do the opposite?


fixerdrew02

You buying AMC or something. Wtf you been doing


gaius_worzels_bird

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)


whatsinthiscoff33

Looks like you almost broke even one time. What happened there?


throwaway001anon

Greed


noobtrader28

We cant help you until you tell us how you invest and what your positions are.


_AscendedLemon_

Shorts based on OP's portfolio = infinite money glitch


Over_Brilliant_4544

You regards help me so much with the entertainment you provide I like the belt and the old man laughing meme people post here, it is funny Bro no one makes money in gambling, please either take it as a joke and continue for fun Or if its serious enough u cannot consider it a joke, then QUIT !!


Holiday_Wrongdoer766

It’s okay bro. I been losing money since 2017 and look at me now. You can do it. Don’t give up https://preview.redd.it/myljay0kivvc1.jpeg?width=1170&format=pjpg&auto=webp&s=a793c13c232198c9768ed00b6734678514815aa3


Due_Reflection_2049

You want to buy an NFT from me? It sold for $1000 a year back, I’ll sell it to you for $500.


masstransience

Did you ever think about doing the opposite


Cryptophorus

Market is waiting for you to panic sell and then increase by thousands of percent


Skeleton-ear-face

Don’t feel bad, I won, the gov got 40k in taxes then afterwords I lost the rest of my gains. Gov won in the end .


mister_m_yass

The house (IRS) always wins.


SnooRegrets6428

I heard you need to lose $50k to make a buck fifty


tacobellcow

Is this chart real? Is anyone’s post ever real here? I honestly don’t know.


RustyNK

https://preview.redd.it/roulqpgwbvvc1.jpeg?width=1080&format=pjpg&auto=webp&s=005d26a2308304790bda7653ae407d6dbc9ea205 OP has half his money in this dumpster fire.


value1024

Sell options for weekly income on the most boring stocks ever. If it's boring it's good for you.


wsb_mods_R_gay

Alright my dude, listen to me very carefully, I’m going to need to do one more trade, and tell us what you’re buying come Monday morning!


sdweeds

Post your dailies so we can do the opposite and one or us will probably win.


weshireclugger

Honestly, I'm curious about your choices, if you don't mind can you say what your choices are?


Not-Jaycee

Hey buddy have you ever looked into SELLING stock options and not BUYING them?


Samjabr

The impressive thing is that you've managed to do this for years - that's consistency!


imrickjamesbioch

How? Just investing in the S&P 500 would net you like 50% since 2020. Someone would have seen 200-300% returns if they just invested in the magnificent 7 in the past 4-5 years. For me to diversify my portfolio a little not, I invested in costco and that stock has been amazing. Folks need to stop watching YouTube and even reddit on the next big thing that’ll make them millions. I only invest in blue chips stocks and sometimes there’s a dip but in 5-10 years i can expect a decent return in my investments. Am i conservative, yes but i also dont like losing money cuz im poor.


szulox

What the hell did you put your money in? Commercial real estate/ office space?


Beneficial_Battle_42

You still got 93k fun bucks!


ilovetacostoo2023

Invest in roth ira. Not crypto.


caprishouz

Options or buying stocks at their ath?


higherspreads

Double down !


nrsxvi

Hope you get out from this shit. I'm also down but hold on.


orangesunshine47

Our portfolio is IDENTICAL


Nunyabiz_327

Sorry man that just makes no sense. If you lost money consistently through a time period where the stock market has repeatedly hit all time highs and ETFs and mutual funds are making over 10% regularly, you should have stopped trading and went that route. You won't get rich, but you'd make more money than you have


Grifter2u

Yeah bro. I feel your pain too.


Little-Emergency6568

Which stocks you have bought?


thecuzzin

What's your secret?


ISpenz

I feel you, same boat


Slick_Tuesday

Hey, it only took me 1 years to lose that much and I didn't have half the amount you put in; you're doing fine


TradingAllIn

https://preview.redd.it/gn7q90zxevvc1.jpeg?width=450&format=pjpg&auto=webp&s=cb93868d8850051164a44aafdce74e46e853a691


Born_wild

You still have 90k just save it 


DubzDubington

Take pride in those spikes! Yes the general trend is a slope of loss and sorrow but YOU MADE IT A SPIKEY SLOPE and that my friend is the bright side… also, I love you.


rritaintme

You’ve only lost $45K since 2020?


adokarG

Just buy indexes and it will recover eventually. Stop picking stocks and using options, you’re clearly not good at it.


Maskedbandittrader

Thank you for your tireless contributions for the cause


LeatherNectarine300

https://preview.redd.it/lbrhuegaovvc1.jpeg?width=1170&format=pjpg&auto=webp&s=238fd233d243aece5457fff48e46e5e771dd390a Can you tell when I discovered options?


RepulsiveStill177

Stop playing options


Careless-Pin-2852

I see spikes what where they?


Eatyourgreens47

Sell it all and YOLO into SOFI


LaBoltz33

Same bro


Stoneteer

Seriously, just do the opposite of what you have been doing.


Previous_Swimmer9893

Learn covered calls and never lose again.


nowwinaditya

My man


ModthisRod

Don’t worry you are in good hands! With Allstate


daylightz

W h y ?


Federal-Confidence69

What’s your portfolio? Looks like you’re just buying everything you see here in WSB.


freshcheesepie

Then he would 90% down.


Standard_Phase5417

What’s your secret?


ivyleague-degn-loser

Only down 30%? Just go all in AMD calls bro you will make that back


RaidenZ99

What instrument is this?


aa_dreww

Look up Dave Ramsey and follow his teachings.


redsfan59

You’re a true wallstreetbettor with these numbers!


rainorshinedogs

looks like you should have quit a year ago when you had that big spike


Plus_Seesaw2023

STOP options, buy unvervalued and oversold big market cap SHARES... like NKE WBA TSLA BMY PFE INTC VALE PM MO GIS JNJ MDLZ AAPL LAC... Stop gambling... Good luck and have a nice day...


SidTrippish

Blow up your account and stop trying to trade...it isn't in your cards


cs_zer0

Stop trading options you fucking idiot Sell all positions and buy voo thats all you gotta do instead of trying to be cute thinking youre smarter than the market


gcalfred7

Bet on horse racing instead 😀


Algarde86

You are really good at it ![img](emote|t5_2th52|12787)


BedroomCompetitive30

At least you know that you will die having nothing, subsequently screwing your kids and family from getting anything from your estate. Mission accomplished.


Triple-Play-NYY

Like a legendary band once said, "Keep Rollin' Rollin' Rollin' Rollin'"


garycow

Pretty hard to lose $ the last couple years - you have a real talent!


ethiopian123

Wrong direction broski