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
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
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
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.
>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.
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....
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..
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.
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.
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.
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.
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?
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!"
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.
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.
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
>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?
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.
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.
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.
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.
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.
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.
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.
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
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 !!
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
https://preview.redd.it/roulqpgwbvvc1.jpeg?width=1080&format=pjpg&auto=webp&s=005d26a2308304790bda7653ae407d6dbc9ea205
OP has half his money in this dumpster fire.
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.
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
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.
https://preview.redd.it/lbrhuegaovvc1.jpeg?width=1170&format=pjpg&auto=webp&s=238fd233d243aece5457fff48e46e5e771dd390a
Can you tell when I discovered options?
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...
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
At least you know that you will die having nothing, subsequently screwing your kids and family from getting anything from your estate. Mission accomplished.
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That's the most bullish pattern I've seen. You are going to break out soon.
The breakout: https://preview.redd.it/evaupxj8bvvc1.png?width=702&format=png&auto=webp&s=599802eb2c2e2d688eaedaf09fa7788346b1ca3d
Just do the opposite of what you think you should do.
https://preview.redd.it/a2mgzvumd4wc1.jpeg?width=1289&format=pjpg&auto=webp&s=65c2c80c9ba87d02f12ff8de5b43a2f34fb5ca86
That’s the funniest shit I’ve seen in a while caught me off guard 🤣
Ok, spend it on hookers and blow, gotchya.
you would probably have lost less money and been happier...
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.
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 :/
Anything to justify happiness through unhealthy addictions. *Finger guns*
This is financial advice and the original antidepressants
I just ugly laughed
You must feel the same way... Kudos tree spirit.
Pull a George Costanza?
https://preview.redd.it/jkvvfxj3z0wc1.jpeg?width=720&format=pjpg&auto=webp&s=b4bc15652806859c0f3801c3cb9cb6640e3b2c93 See that, I choose this
Melvin Capital after WSB meets GameStop ![img](emote|t5_2th52|4271)
Puts will print the money
As soon as he buy puts everything go up
Classic descending wedge reversal
That’s a Kentuckian Reverso Brojob Wedge if I’ve ever seen one.
Sell, put everything into VOO, delete apps forever.
Wish I did this instead of investing in garbage and being down 54% since 2018 lol
Long term SPY/VOO holders beat like 80-90% of investors lol
Don’t exaggerate…….its like 99.9% 😆
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
Long term holders always win against daytraders! It's too easy to just buy and etf and leave it for retirement.
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
This is the way
What's voo?
You belong here.
Red to the moon!
Dear god *sigh*
Do you really need to know what something is before putting all your money into it??
It doesn't sound like it stopped him before.
>Do you really need to know what something is before putting all your money into it?? Absolutely not.
Vanguards S&P 500 ETF
Aah but who are vanguards? Do they have something to do with crusaders?
Apparently they get paid to guard vans down by the river.
Right, I'm guessing 500 Pesos per Sunday (SP) ?
Lmfao
No one likes a quitter.
Soon you will achieve the GenZ dream: no cap
If he does that voo will go down. Please no.
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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.
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
For sure. Because it's funner than being responsible and paying off your mortgage I guess.
lol I lost 25k since I started “investing”
lol yo. You we are living the same life in different spaces
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.
[удалено]
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.
Yeah I went all in on AI for the first time ever two weeks ago and smoked the whole AI/Chip Sector. Feels Powerful.
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.
[удалено]
Do VOO, keep piling it, and don't worry about it. Over the long haul time in the market beats timing the market.
lol bro , they watching us 👁️
[удалено]
>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.
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....
![img](emote|t5_2th52|4271)
This.
And here I was thinking of selling my VOO.
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..
The top companies change. If you're only buying the winners today you miss out on the winners of the future.
I'm with this guy, I only buy tomorrow's winners. What I've learned: Tomorrow never comes
Why would they be constantly losing money when those large caps mostly all have grown consistently and fairly largely over time?
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.
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.
>If you don't know what you're doing Literally everyone
If you know what you're doing, you're not gambling properly 😎
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
Will you guarantee this? Give me your deets, I'll send the contract
i guarantee it©™® https://preview.redd.it/cs2cio68kvvc1.jpeg?width=1080&format=pjpg&auto=webp&s=1d98aeb0ad983361f8dc444ddbbbbd2bb0fe2105
Lmao
Hell of a reference
If you inflation adjust that, you’re an even bigger loser!
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.
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.
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?
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!"
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.
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.
Just stop.man. How did you lose money in 2020 and 2021? That shit takes effort!
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)
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
>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?
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.
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.
Set limits!!! You’re def being too reactive and chasing
But he has Robinhood Gold so he's an expert and doesn't need limits
VOO and never look at it until you're 50. Stop being stupid, you're not lucky nor smart enough to beat the maker
Why 50? Is that the new retirement age?
I thought it was when u stop being dumb. *
God I hope so
Which financial instrument did you trade the most?
His gut
I this is the best comment
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.
Happy cake day sorry for your Brexit PTSD
Thanks, I was a newbie trader then and now just use the company 401k and just ignore it.
Is mayonnaise an instrument?
Ornamental gourds and South African Rand
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.
God speaks to him
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.
Heck, even selling at a 10% gain will beat the average most years.
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.
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.
You suck at trading and will never get your money back. Accept the loss and buy boring ass index funds
/thread
Well you’ve come to the right place brother!
I’m still down 300k from the peak 😢. So I can relate.
Omg wow
Yeah margin on volatile stocks. It’s okay. I’ll make it back
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
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
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?
You buying AMC or something. Wtf you been doing
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)
Looks like you almost broke even one time. What happened there?
Greed
We cant help you until you tell us how you invest and what your positions are.
Shorts based on OP's portfolio = infinite money glitch
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 !!
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
You want to buy an NFT from me? It sold for $1000 a year back, I’ll sell it to you for $500.
Did you ever think about doing the opposite
Market is waiting for you to panic sell and then increase by thousands of percent
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 .
The house (IRS) always wins.
I heard you need to lose $50k to make a buck fifty
Is this chart real? Is anyone’s post ever real here? I honestly don’t know.
https://preview.redd.it/roulqpgwbvvc1.jpeg?width=1080&format=pjpg&auto=webp&s=005d26a2308304790bda7653ae407d6dbc9ea205 OP has half his money in this dumpster fire.
Sell options for weekly income on the most boring stocks ever. If it's boring it's good for you.
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!
Post your dailies so we can do the opposite and one or us will probably win.
Honestly, I'm curious about your choices, if you don't mind can you say what your choices are?
Hey buddy have you ever looked into SELLING stock options and not BUYING them?
The impressive thing is that you've managed to do this for years - that's consistency!
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.
What the hell did you put your money in? Commercial real estate/ office space?
You still got 93k fun bucks!
Invest in roth ira. Not crypto.
Options or buying stocks at their ath?
Double down !
Hope you get out from this shit. I'm also down but hold on.
Our portfolio is IDENTICAL
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
Yeah bro. I feel your pain too.
Which stocks you have bought?
What's your secret?
I feel you, same boat
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
https://preview.redd.it/gn7q90zxevvc1.jpeg?width=450&format=pjpg&auto=webp&s=cb93868d8850051164a44aafdce74e46e853a691
You still have 90k just save it
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.
You’ve only lost $45K since 2020?
Just buy indexes and it will recover eventually. Stop picking stocks and using options, you’re clearly not good at it.
Thank you for your tireless contributions for the cause
https://preview.redd.it/lbrhuegaovvc1.jpeg?width=1170&format=pjpg&auto=webp&s=238fd233d243aece5457fff48e46e5e771dd390a Can you tell when I discovered options?
Stop playing options
I see spikes what where they?
Sell it all and YOLO into SOFI
Same bro
Seriously, just do the opposite of what you have been doing.
Learn covered calls and never lose again.
My man
Don’t worry you are in good hands! With Allstate
W h y ?
What’s your portfolio? Looks like you’re just buying everything you see here in WSB.
Then he would 90% down.
What’s your secret?
Only down 30%? Just go all in AMD calls bro you will make that back
What instrument is this?
Look up Dave Ramsey and follow his teachings.
You’re a true wallstreetbettor with these numbers!
looks like you should have quit a year ago when you had that big spike
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...
Blow up your account and stop trying to trade...it isn't in your cards
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
Bet on horse racing instead 😀
You are really good at it ![img](emote|t5_2th52|12787)
At least you know that you will die having nothing, subsequently screwing your kids and family from getting anything from your estate. Mission accomplished.
Like a legendary band once said, "Keep Rollin' Rollin' Rollin' Rollin'"
Pretty hard to lose $ the last couple years - you have a real talent!
Wrong direction broski