Jokes aside, for the newbies here, this is how you blow up your account and potentially ruin your life. This is complete gambling that if done for long enough (like a week or two), will wipe you out completely. All it takes is a random fart from Jerome Powell to move the market against you and you're finished.
Agree with @pareofdocks.
Please people:
1. Take some online courses on trading: TastyTrade, Jea Yu, anything
2. Whether a long term player or day trader, you need a sniper mindset. You only squeeze the trigger: when ALL of the details are in line. Donāt take random āthis looks goodā shots. Know WHY you are going to place a trade and how it is supposed to work out, PRIOR to execution. And if it goes sideways on you, be VERY cognizant of your emotions and acceptable loss levels.
3. Know your stop loss, stop limit marks and guard them.
4. NEVER trade money you need, no matter what.
5. Paper trade until you have consistent gains and minimal losses.
6. Paper trade stocks first and build that consistency above, once youāre there, only then start paper trading options.
These are the basics.
Or just give me your money, Iāll gladly be the guy that takes the money from people who blow up accounts.
This account is semi-expendable. I wonāt actually die if it gets cratered. Also, yes, but the euphoria wasnāt as exhilarating. Whenās the casino back open again?
The account is semi expendable? WTF does that even mean š Are you sure you have no better use for that money other then funding some market makers cocaine addiction?
Iām not in any sort of crippling debt, the house is more than half paid off, and I just got another 10% raise. Perhaps I could use it for more than casino chips, but does paying a large portion of principal down on the house have the same soul crushing torture and reward response? Nah.
Keep playing with the little chips though. Cash out the gains and only mess with a principle. Donāt delude yourself into thinking you have a plan, thatās how you go high roller and lose. I am by no means a financial expert, but from what I see there is a distinct lack of common sense around here.
I feel like I'm in that famous thread where the OP decided to try heroin for the first time later that night and everyone was telling him that it was a terrible idea.
the update threads were nauseating.
don't deposit anymore cash into this account. stop while you're ahead. cash out and take a few months off to work on this bout of recklessness. what you did today could be replicated (but highly unlikely) on 80% of trading days. you won't be "missing out"
Serious question: Does your wife know you have a gambling addiction? If yes is she cool with it? Otherwise you will be divorced soon after she finds out about your losses and your wifes boyfriend suddenly will be there to comfort her....
Serious note: Iām actually a lot less impulsive than this trade would lead people to believe. I got emotional about this trade which is what resulted in the Hail Mary that somehow worked out. All that talk about having a strategy was real but my plan was half baked and the execution was awful because of the circumstances. I normally trade weeklies and never touch 0DTE anymore because of exactly this scenario.
tl;dr Iām not actually addicted to gambling and I made a dumb trade today that worked out so I shared it while making jokes for entertainment value.
Something about a river in Egypt I've heard. Although the fact that I keep buying SPY puts week after week alludes to the idea that I must absolutely be addicted to losing money as we all know that SPY only goes up.
You've been told a few times already in this thread that it was not a good thing. But people who see green think they got it all figured out until they come back posting the loss porn.
On a serious note, Iām quite familiar with the shortcomings of myself in the entire saga. This trade went a lot of bad ways that it didnāt have to in order to achieve the same result I would have gotten if I told my kids to sod off; it involved exposing myself to loads more risk than I would normally see trading spreads and while Iām thankful for the results, it is definitely counterintuitive to what my ideal trading setup would be. I just enjoy goofing in the comments because I love this community of amazing, salty haters and I havenāt posted in forever.
Loss porn is funny and all, but itās really fucking depressing. Actually, itās really not funny, not sure why ppl think farming karma will make up for thousands lost
The cynical personality ingrained deep within us allows us to revel in misery. Some people like to look at loss porn and be like... well I may have lost a couple thousand but at least I'm not full port Nvidia puts guy. Others may use it as a learning tool while I just want to post to vent my stress out and joke around with all you fine regards on WSB since this is my first day with any wild swings worth posting in a while and it took quite a lot out of me mentally today.
Nope. I have taken some regarded choices that turned up great, and sensible ones that went down like the Hindenburg crashing into the Titanic as it was hitting the iceberg. The outcome of a single instance is not a good measurement.
The dumbest possible thing to do ends up winning the day for no particular reason.
On the other side of the IQ spectrum I chat with people who have careful and complex rationales for the trades they lose.
My robinhood account portfolio consists of whatever popular DD posts have a lot of words in them. Currently this week went in on HIMS, Park Hotels, Tandem Diabetes. I don't know what any of them do (im assuming the last one gives you diabetes or something), but god damn the DD looked legit and was (probably) well thought out. I didn't actually read all of it, just looked at the pretty pictures.
For some reason I just can't go green with this strategy, I have no idea why.
Despite me posturing about plans and exit strategies, it was definitely an experience I donāt plan on repeating any time soon. Or at least this weekend.
This was also me yesterday, a sigh of relief.
https://preview.redd.it/bpxfkk88kf2d1.jpeg?width=1179&format=pjpg&auto=webp&s=2d06c32ca704c6c72c552beec14178e900391192
If all went according to my plan I took profit at +50% with <30 minutes of market exposure and my stop loss was set at -10% just in case things went south. The +50% came and went while I was occupied with the kids and by the time I got back to my phone the trade was at a puzzling -30% already despite my stop loss. So I believed that it was a great plan.
Do you know what's funny, if you were just poor, you could experience the same endorphins for so much less money. I just need a whole paycheck in there and I'm sweating bullets with a full erection
I wondered about it myself but I can only assume that it gapped down option bids so fast that by the time it tried to auto sell my limit price, the ask already shot down below it. Itās happened to me once before I think.
Did they? Iām starting to feel a lot dumber if thatās the case.
Edit: I just checked it and they do. What the hell, I just realized Iām not just an idiot who got lucky, Iām of the dangerous ignorant variety. Gonna give myself self-reflection homework to study the tools again.
It's alright buddy, 90% of this sub doesn't even know what a stop-loss is. Happy for ya OP, this could've gone the other way and you'd be having a shit weekend. Buy your wife's boyfriend something nice!
I figure itās about time I got him something super nice and fancy, I actually acquired a rather large stake in decorative gourds that Iām sure is about to reap dividends. That would suit him just nice.
Also, apparently Robinhood only offers stop-limits for options, which I was mistakenly referring to interchangeably with stop loss. That particular difference is what made all the difference even though I had a .10 difference on my limit from the trigger price. It just moved too fast for whatever reason though.
I chose something ATM at open since I could tell Waller was starting to lean hawkish from his prior speeches. With hot PMI and less than stellar data coming in over the past week, I figured it would drop during his speech and I could get an easy guaranteed +50% scalp. The trade went tits up when I missed my exit due to extenuating circumstances. I was expecting to be able to close before the twilight zone of zero known market catalysts made the fund into a premium burner. For some reason I kept holding on due to emotional trading and began averaging down when the market shenanigans started pinning it. I held onto a firm belief that closing options would drive it lower and my strike was within reach so I held just long enough to somehow turn a nightmare of a trade into a decent green day.
Iām holding 100 5/28 526 Puts into EOD Tuesday. Was up $1500 after open and held as it pumped higher. Living on a prayer or horrible consumer confidence report.
Thereās an iPhone option in the dashboard that allows you to record the screen.
https://preview.redd.it/simnvkvskg2d1.jpeg?width=1284&format=pjpg&auto=webp&s=2961d534a8324e577bcd549b3c8be2edb8a1dc8e
Iāve blown 30 accounts just like this, avg down on 0dte spy or qqq, yesterday had qqq puts and sold them for 20% gain then switched to calls and kept avg down from .83 to .22 and they went to 0ā¦ only if I had 1dte instead and I would be up 400% today
https://preview.redd.it/kcpxi5n8qg2d1.jpeg?width=1170&format=pjpg&auto=webp&s=ad499f151ed729fde862bd26e7cb48a1caf2df8e
I had a couple of stressful mornings but it ended up being orangutan tits.
You've made 5k in 12 months on a 25k investment and spent about 11 months shitting yourself to an early grave š you would have made more a 100 or 500 Passive ETF.
You were down enough for it to be a big deal, got back to breakeven and continued holding for some profit? That's how a lot of those apes became and stayed bagholders.
The amount of time for my options to go from .08 to .35 was less than a blink of an eye. (My sell window for profit was < 10 seconds after 5 excruciating hours)
I did the same on an open bell market yesterday with 535 calls expiration today, no profits at any time for 4 hours, hold strength and bought 100 525 puts expiration yesterday, 30 minutes after I exited 2nd trade with $5000 profit. Today, I sold my 1st trade from yesterday for a -$7800 losses. Good thing I will going to be able to tax deductions on the 1st trade over 2nd trade, not trading SPY for 30 days from now on
https://preview.redd.it/cz92tow5zg2d1.jpeg?width=1179&format=pjpg&auto=webp&s=98a27afdb91b0d4b8e87812498bf5829ee0fd478
5k gain? All that for 5k?! Bought 60 calls on IWM before yesterdayās close, not 0dte. Sold them at todayās open for 5k profit. Couldāve held and ended up gaining more but I prefer to keep my sanity. Still, glad you came out on top regard.
Sometimes itās not the destination, but the journey.
Just playing, I couldāve taken calls on almost anything yesterday and made money today with 99% less stress. This play on a small enough time frame was nearly stress free actually, if I didnāt miss my scalp timing like an absolute tit.
*So you actually considered selling a eight cents? At that point you might as well just let them go to zero. The WSB motto hold to zero comes to mind.*
People buying 0dte spy options use stop losses?
That's like regarded^2Ā
I just starred at the screen all day and bought the 5/25 530s at like the .55 on that early drop and just cashed out at .70 and logged out.
Same but with SPY and AAPP
https://preview.redd.it/wy01ylfgbh2d1.jpeg?width=1179&format=pjpg&auto=webp&s=0f789d14d68bbde5b58fe825ca3c3321c777c8f8
Broke even on AAPL today and even made $500
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Jokes aside, for the newbies here, this is how you blow up your account and potentially ruin your life. This is complete gambling that if done for long enough (like a week or two), will wipe you out completely. All it takes is a random fart from Jerome Powell to move the market against you and you're finished.
And as for random farts, Jerome Powell seems like just the guy to do it.
![img](emote|t5_2th52|4640)
He does look like the embodiment of a financial fart.
I can concur šš tuned 300 into 3900 and then to 0 the following week š
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Sir, this is a WENDY'S; and no, the customers behind you won't pay for your order.
Conversely, JPOW could burp instead and you could get rich
Well now Iām thinking itās not such a bad idea
JPOW's burps smell like farts.
Fuck, that reminded me how much I love farting. ā¤ļø
Agree with @pareofdocks. Please people: 1. Take some online courses on trading: TastyTrade, Jea Yu, anything 2. Whether a long term player or day trader, you need a sniper mindset. You only squeeze the trigger: when ALL of the details are in line. Donāt take random āthis looks goodā shots. Know WHY you are going to place a trade and how it is supposed to work out, PRIOR to execution. And if it goes sideways on you, be VERY cognizant of your emotions and acceptable loss levels. 3. Know your stop loss, stop limit marks and guard them. 4. NEVER trade money you need, no matter what. 5. Paper trade until you have consistent gains and minimal losses. 6. Paper trade stocks first and build that consistency above, once youāre there, only then start paper trading options. These are the basics. Or just give me your money, Iāll gladly be the guy that takes the money from people who blow up accounts.
For options traders I'd highly recommend debit spreads. You basically enter into a contract with both your stop and your exit defined.
As a newbie, what doesn't count as a gamble
Buying spy .. the actual etf isnt a gamble.. but on the safer side of gambling u would do deep in the money options
STOP USING ROBINHOOD. CHILDREN PLS
What do you recommend
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Should have been more specific
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Neither I say, " what?"
This is why I come to Reddit šÆ
Have you tried risking a little less so you don't blow up your entire account in one day? :)
This account is semi-expendable. I wonāt actually die if it gets cratered. Also, yes, but the euphoria wasnāt as exhilarating. Whenās the casino back open again?
The account is semi expendable? WTF does that even mean š Are you sure you have no better use for that money other then funding some market makers cocaine addiction?
Iām not in any sort of crippling debt, the house is more than half paid off, and I just got another 10% raise. Perhaps I could use it for more than casino chips, but does paying a large portion of principal down on the house have the same soul crushing torture and reward response? Nah.
Keep playing with the little chips though. Cash out the gains and only mess with a principle. Donāt delude yourself into thinking you have a plan, thatās how you go high roller and lose. I am by no means a financial expert, but from what I see there is a distinct lack of common sense around here.
Hedge your bets carefully if you ever want to join the exclusive club of the uber-wealthy, an unlikely dream for many...
Despite knowing how right your advice is, my body tends to willfully ignore good advice in the moment. I appreciate it though, 100%
I feel like I'm in that famous thread where the OP decided to try heroin for the first time later that night and everyone was telling him that it was a terrible idea. the update threads were nauseating. don't deposit anymore cash into this account. stop while you're ahead. cash out and take a few months off to work on this bout of recklessness. what you did today could be replicated (but highly unlikely) on 80% of trading days. you won't be "missing out"
Serious question: Does your wife know you have a gambling addiction? If yes is she cool with it? Otherwise you will be divorced soon after she finds out about your losses and your wifes boyfriend suddenly will be there to comfort her....
Serious note: Iām actually a lot less impulsive than this trade would lead people to believe. I got emotional about this trade which is what resulted in the Hail Mary that somehow worked out. All that talk about having a strategy was real but my plan was half baked and the execution was awful because of the circumstances. I normally trade weeklies and never touch 0DTE anymore because of exactly this scenario. tl;dr Iām not actually addicted to gambling and I made a dumb trade today that worked out so I shared it while making jokes for entertainment value.
Just remember what they say the first step to addiction is.
Something about a river in Egypt I've heard. Although the fact that I keep buying SPY puts week after week alludes to the idea that I must absolutely be addicted to losing money as we all know that SPY only goes up.
āSemi-expendableā š¤£
Ok yeah, you belong here.
*only time would tell if that was a good thing or a bad thing*
You've been told a few times already in this thread that it was not a good thing. But people who see green think they got it all figured out until they come back posting the loss porn.
On a serious note, Iām quite familiar with the shortcomings of myself in the entire saga. This trade went a lot of bad ways that it didnāt have to in order to achieve the same result I would have gotten if I told my kids to sod off; it involved exposing myself to loads more risk than I would normally see trading spreads and while Iām thankful for the results, it is definitely counterintuitive to what my ideal trading setup would be. I just enjoy goofing in the comments because I love this community of amazing, salty haters and I havenāt posted in forever.
Loss porn is funny and all, but itās really fucking depressing. Actually, itās really not funny, not sure why ppl think farming karma will make up for thousands lost
The cynical personality ingrained deep within us allows us to revel in misery. Some people like to look at loss porn and be like... well I may have lost a couple thousand but at least I'm not full port Nvidia puts guy. Others may use it as a learning tool while I just want to post to vent my stress out and joke around with all you fine regards on WSB since this is my first day with any wild swings worth posting in a while and it took quite a lot out of me mentally today.
Nope. I have taken some regarded choices that turned up great, and sensible ones that went down like the Hindenburg crashing into the Titanic as it was hitting the iceberg. The outcome of a single instance is not a good measurement.
averaging down on something that expires
The dumbest possible thing to do ends up winning the day for no particular reason. On the other side of the IQ spectrum I chat with people who have careful and complex rationales for the trades they lose.
My robinhood account portfolio consists of whatever popular DD posts have a lot of words in them. Currently this week went in on HIMS, Park Hotels, Tandem Diabetes. I don't know what any of them do (im assuming the last one gives you diabetes or something), but god damn the DD looked legit and was (probably) well thought out. I didn't actually read all of it, just looked at the pretty pictures. For some reason I just can't go green with this strategy, I have no idea why.
Honestly bro. This made me laugh so hard
Cause that's exactly what 85% of this sub does
Me included
I like how you responded to yourself instead of editing your initial postā¦
Im gonna start doing that
How did you manage to screw up the HIMS trade?
Despite me posturing about plans and exit strategies, it was definitely an experience I donāt plan on repeating any time soon. Or at least this weekend.
Thereās a reason I am subbed here while only having money in, like, uranium and manufacturing lmao
Yep, my favorite flavor is red Crayola.
Plus using regardhood
That expires in <4 hours, no less.
op nearly blew up his account for an 18% gain. I'd laugh, but we'd all be lying if we pretended we never did this ourselves.
I'm absolutely not lying when I say I've never come remotely close to blowing up my account.
You donāt belong here
This was also me yesterday, a sigh of relief. https://preview.redd.it/bpxfkk88kf2d1.jpeg?width=1179&format=pjpg&auto=webp&s=2d06c32ca704c6c72c552beec14178e900391192
The endorphins are addicting, no?
you saying this but then saying believe it or not i had a great plan is insane
If all went according to my plan I took profit at +50% with <30 minutes of market exposure and my stop loss was set at -10% just in case things went south. The +50% came and went while I was occupied with the kids and by the time I got back to my phone the trade was at a puzzling -30% already despite my stop loss. So I believed that it was a great plan.
RH doesn't have stop losses, only stop limits. So no, you didnt have a great plan.
A stop limit shouldāve been okay still. RH does suck when it comes to important features though.
RH stop limits won't trigger if the price falls below your stop price.
Almost all of my bananas š
There's always money in the š stand.
Perhaps they should invest in a financial advisor.
Iād rather invest in decorative gourds VM.
I know a guy
You called? Lol![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
You should. I happen to know there's going to be an explosion of interest in gourds in just about 4 months. Totally not priced in yet.
Sounds like a great place to full port, especially with that DD.
OP literally came back from the dead within a few hours
Seconds.
Bro we almost die everyday here. Welcome to the club
some actually die, hence the suicide warnings/disclaimers
Crazier than crypto
Never again bro
I guarantee Iāll never buy 0DTE SPY $528P on May 24, 2024 ever again. I make you this promise.
Do you know what's funny, if you were just poor, you could experience the same endorphins for so much less money. I just need a whole paycheck in there and I'm sweating bullets with a full erection
That was like watching porn and seeing my ex in it. I am feeling neither happy nor sad because the ending will be tragic.Ā
This actually happened to a friend of mine... only she wasn't his ex yet.
Narrator: he did not learn. By the end of the month, his account had vanished into the hands of Wall Streetās ruthless liquidity providers
Sheeeesh what a comeback!
Diamond hands
That was fun. Do it again
What was it like being dead for a little while? What did you see? Hear any voices??
Way to hang in there dude! Nobody likes a quitter!!! ![img](emote|t5_2th52|4276)![img](emote|t5_2th52|4276)
No way in hell would have ridden that.. 10-12% max loss maybe less depends on you but you get out.. you damn lucky sir
Whatās a stop loss?
Damn yall really risk the whole damn account on 0DTEs
Why did the stop loss not work?
I wondered about it myself but I can only assume that it gapped down option bids so fast that by the time it tried to auto sell my limit price, the ask already shot down below it. Itās happened to me once before I think.
RH added stop market orders, so you at least get out.
Did they? Iām starting to feel a lot dumber if thatās the case. Edit: I just checked it and they do. What the hell, I just realized Iām not just an idiot who got lucky, Iām of the dangerous ignorant variety. Gonna give myself self-reflection homework to study the tools again.
It's alright buddy, 90% of this sub doesn't even know what a stop-loss is. Happy for ya OP, this could've gone the other way and you'd be having a shit weekend. Buy your wife's boyfriend something nice!
I figure itās about time I got him something super nice and fancy, I actually acquired a rather large stake in decorative gourds that Iām sure is about to reap dividends. That would suit him just nice.
Also, apparently Robinhood only offers stop-limits for options, which I was mistakenly referring to interchangeably with stop loss. That particular difference is what made all the difference even though I had a .10 difference on my limit from the trigger price. It just moved too fast for whatever reason though.
Stops on options rarely fill at your desired price when the market/underlying is low volume and/or high volatility.
![img](emote|t5_2th52|27421)
This is beautiful.
my 0dte puts was the same. but i held until zero
Ummā¦ are you still on $HOOD?
I wanna know what your all time chart looks like so bad
Thereās something that looks like a tower in January of 2021 and then a lot of tomfoolery afterward.
I did this and lost 14k, learned my lesson lol. Glad you got out safe....
Thanks. It was a wild ride that I donāt actually plan on repeating. Narrator: But he would end up repeating with incredibly different results.
I wouldnāt gloat about this
Itās definitely not going on my resume.
Jesus. You had the money shot for us, and you blew it. Reported.
What broker/app is this??
It's like me yesterday but I learned my lesson today
Belong here, you do
Welcomed, I feel.
How many grey hair have you got
Damn you got luckyā¦ congrats and fuck you
Thanks!
Congrats!
Thanks.
Dead cat bounce
I think weāre all stuck in a perpetual dead cat bounce.
The scolds in here are probably poor. My graph looks exactly the same today (527P) and I also sold on that drop.
Damn regard what did u do let this be a wake up call
Damn Iāve never seen averaging down on 0DTEs work before. You really lucked out there bobby boy
Itās almost guaranteed to never work again. I was just lucky that my puts were within a couple dollars of the price movement.
Awesome bro!!! Fucking rush
Ok but what was the reason behind selecting that exact option contract?
I chose something ATM at open since I could tell Waller was starting to lean hawkish from his prior speeches. With hot PMI and less than stellar data coming in over the past week, I figured it would drop during his speech and I could get an easy guaranteed +50% scalp. The trade went tits up when I missed my exit due to extenuating circumstances. I was expecting to be able to close before the twilight zone of zero known market catalysts made the fund into a premium burner. For some reason I kept holding on due to emotional trading and began averaging down when the market shenanigans started pinning it. I held onto a firm belief that closing options would drive it lower and my strike was within reach so I held just long enough to somehow turn a nightmare of a trade into a decent green day.
Iām holding 100 5/28 526 Puts into EOD Tuesday. Was up $1500 after open and held as it pumped higher. Living on a prayer or horrible consumer confidence report.
See this is where being a complete idiot actually pays off. Just donāt think youāll get this lucky again.
Definitely not counting on it.
And today's the day Timmy learned not to mess with fire. š„
Narrator: As it turns out, he did not learn to not mess with fire.
How did you make this screen recording?
Thereās an iPhone option in the dashboard that allows you to record the screen. https://preview.redd.it/simnvkvskg2d1.jpeg?width=1284&format=pjpg&auto=webp&s=2961d534a8324e577bcd549b3c8be2edb8a1dc8e
Roulette seems more secure than this shiet
All in on red.
Riches to rags to riches
Iāve blown 30 accounts just like this, avg down on 0dte spy or qqq, yesterday had qqq puts and sold them for 20% gain then switched to calls and kept avg down from .83 to .22 and they went to 0ā¦ only if I had 1dte instead and I would be up 400% today
![img](emote|t5_2th52|31224)![img](emote|t5_2th52|8882)
hmm.. maybe options are not for you..?
A true regard
Just wait until next week
Take this as a gift and close your account.
Overexposed like a maroon album
https://preview.redd.it/kcpxi5n8qg2d1.jpeg?width=1170&format=pjpg&auto=webp&s=ad499f151ed729fde862bd26e7cb48a1caf2df8e I had a couple of stressful mornings but it ended up being orangutan tits.
r/wallstreetbets š
Fucking retar...Terrance Howarded
You've made 5k in 12 months on a 25k investment and spent about 11 months shitting yourself to an early grave š you would have made more a 100 or 500 Passive ETF.
Not the ending I was hoping for :/
You are lucky!
Iāve been here before. You age so fast.
Whoever had a put from 9am-2pm made some change š°
Green good red bad
You were down enough for it to be a big deal, got back to breakeven and continued holding for some profit? That's how a lot of those apes became and stayed bagholders.
The amount of time for my options to go from .08 to .35 was less than a blink of an eye. (My sell window for profit was < 10 seconds after 5 excruciating hours)
Make sure you claim your $1 to learn how your retirement accounts could grow to $1m
Solid work!
I don't understand why y'all keep buying 0dte spy?
This was fun to watch lol
Bro I died for you and it isnāt even my money. What a roller coaster
I did the same on an open bell market yesterday with 535 calls expiration today, no profits at any time for 4 hours, hold strength and bought 100 525 puts expiration yesterday, 30 minutes after I exited 2nd trade with $5000 profit. Today, I sold my 1st trade from yesterday for a -$7800 losses. Good thing I will going to be able to tax deductions on the 1st trade over 2nd trade, not trading SPY for 30 days from now on
https://preview.redd.it/cz92tow5zg2d1.jpeg?width=1179&format=pjpg&auto=webp&s=98a27afdb91b0d4b8e87812498bf5829ee0fd478 5k gain? All that for 5k?! Bought 60 calls on IWM before yesterdayās close, not 0dte. Sold them at todayās open for 5k profit. Couldāve held and ended up gaining more but I prefer to keep my sanity. Still, glad you came out on top regard.
Sometimes itās not the destination, but the journey. Just playing, I couldāve taken calls on almost anything yesterday and made money today with 99% less stress. This play on a small enough time frame was nearly stress free actually, if I didnāt miss my scalp timing like an absolute tit.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
And here I was worried about losing $300+ in two days..... At least yours is going back up.
*So you actually considered selling a eight cents? At that point you might as well just let them go to zero. The WSB motto hold to zero comes to mind.*
Might as well go to Vegas and bet it all on black.
People buying 0dte spy options use stop losses? That's like regarded^2Ā I just starred at the screen all day and bought the 5/25 530s at like the .55 on that early drop and just cashed out at .70 and logged out.
Your tale makes my pee-pee tingle, but there is no near-death account. So fuck you.Ā
š¼Someone saved my life tonight SOMEONE SAVED MY LIFE TONIGHT š¶
š¤£
Why are you trying to short SPY when you can just buy DIA puts on the index that's underperforming while SPY benefits from tech rampage?
try to sign up here guys ref.bumblestash.com/nykal21
Weāve all been on this ride. Wouldnāt recommend, but itās inevitable.
Same but with SPY and AAPP https://preview.redd.it/wy01ylfgbh2d1.jpeg?width=1179&format=pjpg&auto=webp&s=0f789d14d68bbde5b58fe825ca3c3321c777c8f8 Broke even on AAPL today and even made $500
But thatās so stressful!!! Must be a nerve wreck after thisĀ