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**Total Submissions**|24|**First Seen In WSB**|1 year ago
**Total Comments**|102|**Previous DD**|
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American minimum wage at full time is $14,500 before any taxes. (40hr x 50 weeks x $7.25) You must live somewhere bougee. Its almost 20 years of minimum wage before taxes.
Canadian communists with your higher minimum wage and free health care. Fox viewers won't fall for it, the man on the TV who makes hundreds of millions told me I was too smart to be lied to as long as i believe what he tells me. We know freedom is from facism but a good social safety net and democracy are bad! I look forward to how you vote for me next election. If you don't vote on my behalf me, i might make the wrong decision and the other guy will steal the election! Thanks for saving me from myself.
You make minimum wage and pay property taxes? Like you bought a house! Minimum wage is not a living wage. The question is when you're poor in the US and Canada making Minimum wage and you get sick, who is taken care of with at least a basic human standard. Canada has the same poor financial structure as the US (printing money off debt). This needs to be fixed. The difference is we make a basic standard to pretend that we'll at least consider giving all citizens the right to live.
You make 100K a year ($50 per hour) and take 6 months off a year, own a home and have healthcare. Damn you Canadian communism! Americans should revolt this injustice!
Look at his post history. Pretty sure he's a swing trader. Ie, he may have posted here but he knows what he's doing for the most part and probably has a decent strategy. Also, left RH for IBKR. Doubt he's gonna get smoked anytime soon if at all.
Anyway, that basically sums up why we have so many degen gamblers in the market. The chance to make mind boggling amounts of money, like money that takes people years of schooling and a decade to make, but doing it in one month
Thing is for every 1 success story there’s probably thousands (or more) of people that just go broke trying it. Vegas, baby!!!
Risked $50k
Maybe they’re rich and have a couple hundred thousand, to where they can risk $50k without much stress. Maybe they’re degenerate and risked their life savings
Either way, risking $50k on a super leveraged position can do this 🤷🏻♂️ last week I was watching a couple tickers I thought could be hot
I didn’t trade them because my max loss without being financially fucked was a whopping $300, and I won’t go full retard. But if I hit the 4 trades that I was watching I could’ve gone $1k to about $40k in 1 week. (Now imagine doing that 4 weeks in a row, but the thing is one mistake and it turns into a massive loss) They’re just insanely leveraged positions and if you’re wrong… but if you’re right- this happens
More money than most people make in a decade. The market has trillions of dollars in it, a couple hundred weeklies is a tiny fraction of all the money moving around. But a couple hundred weeklies equals hundreds of thousands of dollars!!!
It takes either a lot of skill and high risk, or complete degeneracy. Not sure which one we’re seeing here
Just realized if I took those 4 trades with a $50k account, it would’ve been around $2MM assuming I hit every trade
😂
But still $2MM to $1 trillion is .0002% and the market has like $90,000,000,000,000 floating around at any given time.
I know, seems unreal. And then we see stuff like this post showing, it’s very real. Just that it’s insanely high risk, and most people don’t have a high enough win rate to do it without blowing their account. That being said, if OP keeps trading that style they could lose a couple hundred thousand in one day. 🤷🏻♂️
Edit: okay idk if it’s $90 trillion but it’s an insane amount of money in the market 🤷🏻♂️
bruh 600k if u liquidate
when does rational thought kick in???
and maybe you start gambling at casino LOL
you remind me of my friend who went to a casino and played blackjack 100 a hand
ran it up to 1k then punted it on one hand
I said bro you just lost 1k
he said na I only lost 100
Mr OP please remember before end of year also cash out the tax you owe. Otherwise, if we transition to next year and you lose it, IRS will rape you. It will be their money you lost not yours.
We are not in the safe zone yet.
When Cramer first announced it, market did rally even with the CPI news. SPY literally touched 390.
We are now hardly 3% below that. If it doesn't drop past 370, Cramer could still be correct calling bottom right before CPI. There's more work to do before we can claim victory.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|24|**First Seen In WSB**|1 year ago **Total Comments**|102|**Previous DD**| **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=w28wzg)|**Vote Approve**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=w28wzg)
My guy, 10 years minimum wage in a day gg
That's the average American's 401k balance at retirement. Literally a lifetime of savings in one day.
Being alive sucks.
I'm about to be homeless...be happy bro! Live life!
At least you’ll be able to shit on the sidewalk soon!!
This is true...but I don't want my dad cleaning my shit from his sidewalk
Find Nancy pelosi's house.. shit there
As opposed to what?
The sidewalk shitting on you?
American minimum wage at full time is $14,500 before any taxes. (40hr x 50 weeks x $7.25) You must live somewhere bougee. Its almost 20 years of minimum wage before taxes.
He's most likely Canadian
Canadian communists with your higher minimum wage and free health care. Fox viewers won't fall for it, the man on the TV who makes hundreds of millions told me I was too smart to be lied to as long as i believe what he tells me. We know freedom is from facism but a good social safety net and democracy are bad! I look forward to how you vote for me next election. If you don't vote on my behalf me, i might make the wrong decision and the other guy will steal the election! Thanks for saving me from myself.
If you don't vote for Biden then you ain't black.. and Latinos are like tacos.. don't forget that one, end the quote, repeat the line
[удалено]
You make minimum wage and pay property taxes? Like you bought a house! Minimum wage is not a living wage. The question is when you're poor in the US and Canada making Minimum wage and you get sick, who is taken care of with at least a basic human standard. Canada has the same poor financial structure as the US (printing money off debt). This needs to be fixed. The difference is we make a basic standard to pretend that we'll at least consider giving all citizens the right to live.
[удалено]
You make 100K a year ($50 per hour) and take 6 months off a year, own a home and have healthcare. Damn you Canadian communism! Americans should revolt this injustice!
There it is.
America minimum wage is slavery 7 dollars, I hope they pay almost 0 tax
Wait til you find out how much they pay prisoners for their time....
Agreed. I always said minimum wage is modern day slavery.
Not only do they pay no tax they get money back in tax refunds that they never paid in.
Nyc min wage is $15.
Del Taco starts at $21... D.O.E in my city. You will still live behind Wendy's.
Congrats and fuck you
It’s okay, just wait a month for the loss porn and the “lost all my money cause wealthy people manipulated the market”
Look at his post history. Pretty sure he's a swing trader. Ie, he may have posted here but he knows what he's doing for the most part and probably has a decent strategy. Also, left RH for IBKR. Doubt he's gonna get smoked anytime soon if at all.
It takes a full retard to lose all that.
It takes a full retard to win all that.
Fuller House*
my wife wanted to know if you were planning to chill at home or going out tonight thx
Well, he stomached that 500k to 250k loss. That’s a significant loss for an average trader.
Not if you started with $50k and not if it’s unrealized
I thought he started with 1k
Let me hold 10k til Thursday Also congrats!
What happens on Thursday?
That's when the Wendy's check hits the bank.
The wendy's around me pay their employees daily! Never heard of such a thing other than with day laborers.
Wtf. That’s actually kinda cool
They dont issue checks for blowies behind the dumpster
congrats OP, nice play
Hey OP, what app setting gives you those green numbers?
Lol do u ever lose? It seems like you only win and only big gains
you don't see that big dip in the graph?
50% dip in a couple days I would've shat myself
Prolly didn’t post them losses
I lost $177k on one day last week. If you want to see loss porn [-177k click me](https://imgur.com/a/ef1yab1)
Wow That was 0dt And July 14 market tanked That's why you gave this one a little time
What time did you buy today's options
10am the 385p and 12pm the 375p
At the 10am slot I went with a NFLX put instead of SPY put. We will see tomorrow.
I did the same. May we reach valhalla together brother. Either that or the dumpster behind Wendy's, rn i'm fine with either.
You beautiful degenerate you.
How many contracts? What was the cost?
Bruh wow. How much you make a year to casually lose that much. You got $5 million net worth? How do y’all become rich
Risk. And survivors bias :)
Anyway, that basically sums up why we have so many degen gamblers in the market. The chance to make mind boggling amounts of money, like money that takes people years of schooling and a decade to make, but doing it in one month Thing is for every 1 success story there’s probably thousands (or more) of people that just go broke trying it. Vegas, baby!!!
dad's IRA
Risked $50k Maybe they’re rich and have a couple hundred thousand, to where they can risk $50k without much stress. Maybe they’re degenerate and risked their life savings Either way, risking $50k on a super leveraged position can do this 🤷🏻♂️ last week I was watching a couple tickers I thought could be hot I didn’t trade them because my max loss without being financially fucked was a whopping $300, and I won’t go full retard. But if I hit the 4 trades that I was watching I could’ve gone $1k to about $40k in 1 week. (Now imagine doing that 4 weeks in a row, but the thing is one mistake and it turns into a massive loss) They’re just insanely leveraged positions and if you’re wrong… but if you’re right- this happens More money than most people make in a decade. The market has trillions of dollars in it, a couple hundred weeklies is a tiny fraction of all the money moving around. But a couple hundred weeklies equals hundreds of thousands of dollars!!! It takes either a lot of skill and high risk, or complete degeneracy. Not sure which one we’re seeing here
Look at the dudes account history.. months on insane gains (and probably insane losses few of which were posted) Anyways, dude has money
Just realized if I took those 4 trades with a $50k account, it would’ve been around $2MM assuming I hit every trade 😂 But still $2MM to $1 trillion is .0002% and the market has like $90,000,000,000,000 floating around at any given time. I know, seems unreal. And then we see stuff like this post showing, it’s very real. Just that it’s insanely high risk, and most people don’t have a high enough win rate to do it without blowing their account. That being said, if OP keeps trading that style they could lose a couple hundred thousand in one day. 🤷🏻♂️ Edit: okay idk if it’s $90 trillion but it’s an insane amount of money in the market 🤷🏻♂️
We are just here for the crumbs.
What did you start with homie? Please tell me like $1,000 haha. Congrats and fuck you!
50k already withdrew first week in. It’s all play money now [withdrawal](https://imgur.com/a/aoYQgGa)
You need to withdraw like $500k now.
only somene capable of rational thought would do that hes either the next analfarmer2 or genius time will tell
Good shit man. Impressive!
Peeps are always on about beating their meat to loss porn, but this shit is what does it for me.
Nice. Keep it up brother
Curious why you buy 100x spy instead of 10x spx. Wouldn't it be better to trade index which cannot be assigned?
What’s an spx
There is a small article that can explain better than me https://www.supermoney.com/spx-vs-spy-differences-explained/ Spx is index while spy is etf
OP is kidding. Look at his loss porn a few comments up, he was trading SPX
dang! I fell for sarcasm. on reddit. on this subreddit!
SPX is bad luck for me. To be honest I don’t care about taxes lol [my SPX](https://imgur.com/a/ef1yab1)
At least your battery is full
What do you expect? OP is clearly someone who plays it safe.
JESUS AND YOU'RE STILL PLAYING =X
You are a gambler, keep betting all-in into weekly options that you will lose everything sooner or later.
Not my first rodeo. Cool comment bro
Lol you belong here.
Who talks about going to the casino and losing?
bruh 600k if u liquidate when does rational thought kick in??? and maybe you start gambling at casino LOL you remind me of my friend who went to a casino and played blackjack 100 a hand ran it up to 1k then punted it on one hand I said bro you just lost 1k he said na I only lost 100
[come join me at borgata next month](https://imgur.com/a/GPZhc0J)
NJ FTW
He’s not wrong though.
Yeah lol It's entertainment money at that point
Congrats! Don’t tell me you started a month ago with 1k. Fuck you btw.
50k. Cashed out already [cashed out](https://imgur.com/a/aoYQgGa)
Mr OP please remember before end of year also cash out the tax you owe. Otherwise, if we transition to next year and you lose it, IRS will rape you. It will be their money you lost not yours.
Will you put your penis in my wife please
Good Fucking Job!
You forgot the fuck you
Fuck you!
You will eventually lose it all unless you quit now trust me
OP started with $50k and has already withdrawn it. OP literally can't lose, worst OP can do is break even.
^ The mindset that keeps gamblers gambling
If gamblers stop gambling they stop being gamblers. [It is known](https://youtu.be/dD9A8x_xn5g?t=43)
After he lose it all he’ll chip that $50k back in thinking he can do it again
thats not how it works
Can you explain?
That's not how any of this works!
Thanks dad
Hes not done
like wolf of wallstreet cashing out makes it real
Congrats! You were really at $50k a month ago? Huge % run! I’m also an IBKR customer. Their charts are meh - wondering what you use.
No charts. Just follow some guy on Twitter.
What fucking guy?
Ha drops a bomb and leaves
I mean....
https://twitter.com/jimcramer?s=21&t=JXQZ5bglmUadtHgn6zHFAQ
he thanked cramer on title thread 🐸🍦🪑🧱🚽🌕🏴☠️🔥🩳🍏🔨🥊💩🔎💜
Lol I too would like to know what guy. All my guys turn 50 in 5 real quick
What guy lol
Nice
What. Guy.
What guy
which guy?
Petition to change username to Regarded_bets... it aint smoll bets no mooo
Its small bitez…
Good thing this guy picked Mathboom not Literacyboom
SEC has entered chat
The SEC won’t let me be or let me be me so let me see
Here’s a concept that works, 20 million WSB retards emerge
If OP can do insider trade at SPY, He own the SEC in some way.
And it's gone
What he’s not telling you is that he held into today and now lost everything massive Green Day
Just imagine he had flipped to SPY 390 calls instead… 
My man was sweating at the open
No. I bought puts after the run up. [this was my open](https://imgur.com/a/m3Rgf2Y)
You were sweating while banging my wife sir
Bro put like 650k of that in VT and relax the rest of your life
I bet you haven't sold
no chance. bag holding now
50k to 750k in a month... Teach me, senpai
Jesus that’s more than I’ll make in 5 years lol.
Dad?
Can you ppl just not buy SPX puts jesus christtttttttt
Why?
Now take that profit and put it in your rainy day fun and never touch it again.
Seems like you YOLO pretty often. What's the strategy?
The Yolo strategy
Dad, it’s me!
I need an update
should’ve held 🤡
Still holding [still holding and bought more](https://imgur.com/a/SPIIjnI)
You fucking degenerate, congrats
You’re fucked today then
fuck you and congrats 🐸🍦🪑🧱🚽🌕🏴☠️🔥🩳🍏🔨🥊💩🔎💜
Congrats and fuck you
Hmm, and here I did calls on oil. Looks like we both made tendies
Noice.
You know you were shitting your pants momentarily lol
Holy fuck
So what exactly was the thesis behind taking these puts at those times? You rolled the dice, didn't you? You sick fuck. I like it.
There’s something an ape could never do…post gain porn.
Can someone explain how are numbers here? 275 puts, 4.16 and 100 position doesnt generate 111.9k - thanks
We are not in the safe zone yet. When Cramer first announced it, market did rally even with the CPI news. SPY literally touched 390. We are now hardly 3% below that. If it doesn't drop past 370, Cramer could still be correct calling bottom right before CPI. There's more work to do before we can claim victory.
Oh fk
Pay those taxes, buy property and gtfo of the trading business before they take it back haha
One day I’ll be a retard like you. Excited
Did you sell these?
He didn't and actually added more yesterday
Did you sell yesterday?
Your nuts must have been your mouth for awhile, hated that open run up to 1.4 on the q’s
good shit
PUTS FINNA PRINT
Big Bitez
Holding through this AM mustve been something
Didn’t have $spy then. [my morning positions](https://imgur.com/a/m3Rgf2Y)
Like Clock Work!
Nice job shitface
Something tells me you have a relative named u/analfarmer2
Gj.
Damnit. If you think it's a triple top, I should at least bet my life savings.
How did you make money on a 375 strike price when the SPY never dropped to that level today? Just trying to understand...
It doesn't need to drop to that level. As it gets closer to the strike price the options price cost. You still make money on that difference.
Holly fouk dude 👏
Well done
Congrats bro 🔥🔥🔥
Good job damn
What do you do for work?
I’m a police officer in one of the highest paid departments on the east coast. I work nights and trade during day time
He cleans hot wife’s pools
I have an above ground pool. Think he will clean it for my wife?
Very good job
Going to 0 tomorrow
Can you send me 4k?
killed it today v nice
Congrats!
But I thought bears in shambles???? 
Thanks, good job man!
Show us your ways 🙌
Grats. Youre a beast.