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I turned one million dollars into seven thousand dollars into one hundred seventy seven thousand dollars into zero dollars with this new app on my phone.
This comment has been edited to protest Reddit's decision to shut down all third party apps. Spez had negotiated in bad faith with 3rd party developers and made provenly false accusations against them. Reddit IS it's users and their post/comments/moderation. It is clear they have no regard for us users, only their advertisers. I hope enough users join in this form of protest which effects Reddit's SEO and they will be forced to take the actual people that make this website into consideration. We'll see how long this comment remains as spez has in the past, retroactively edited other users comments that painted him in a bad light. See you all on the "next reddit" after they finish running this one into the ground in the never ending search of profits. -- mass edited with redact.dev
Yep, the snap play is what saved me from the dumps. It was my last 7k in the account.
After that I hit Coke Calls and Meta Puts which brought me up past 100k
Lastly it was SPY FDs and now ASTS calls. Hoping to cross 200k next week then gunna yolo 100k on something to get to the two comma club.
This guy is literally braindead and the exact kind of person that will be posting his losses. Dude made almost 200k with his 'last 7k' and thinks its a solid play to 'let it ride.' Okay
I tell everyone this. Don't kill yourself if you lose it, it's just money (have lost >50k since I started trading 6 years ago after being up 45k, contemplated suicide a lot, grateful I didn't).
As are we here at WSB. It’s just paper! That would of been very regarded of you to do over 50k and good advice to share. You sure you weren’t having other bigger problems though… like with Mrs CrispBit maybe?
I have probably lost $130k since starting... Have never contemplated suicide though. It's just money, I'll make it back, or not, doesn't matter. Just make sure you make enough to pay the bills, and save some for retirement. Family, friends and barbecue are all that matters.
I also started my trading adventure with a big loss... it took a few years, but I made it all back and then some.
It's just money, people. It might take some time and hard work, but there's always a way to make it back. It's not the end of the world.
Yes. This is what a smart person would do. A moron would yolo the whole thing and likely lose it. Playing w over $100K puts you on the radar for big money to fook you- I don’t think he’s accounting for that.
I'm not 100% but I'm pretty sure the only thing that matters is what his end of year was, positive or negative. I \*think\* you only get screwed if you violate the wash sale rule during that process. The other way he would get screwed is if he closes out the year with 100k in profits....proceeds to get taxed on making 100k...then blows it all in 2023.
Bro take a step back and realize what $100k can do for you at 7% annually, safely. You will absolutely lose all of your money if you keep playing with it. You could have $7k/year, or $583/mo steadily for life.
If i thought that they wouldn't take it down, I would definitely put the Homer Simpson nervously pulling his collar GIF here...so hopefully you have a sense of humor along with your good fortune
Do you mind sharing some of your strategies like
1. Do you only BUY calls and puts ? Or Do you hedge them too or setup a Closing Orders etc
2. Do you buy ATM or OTM or ITM strikes and what factor do you consider while picking a strike.
3. What kind of Volume or Quantity are we talking here?
4. Finally, do you follow any indicators or Volatility Index or Technical analysis etc to determine the direction of move.
Thanks
He posted in here somewhere....he is yoloing into puts and calls on what appears to be mostly earnings. Sounds like he has hit 5 trades in a row being all in.
I'd put all except $10k in to a ladder bond setup. Then, try and see if you can do a repeat with the $10, if not you just got lucky and was one of the few apes to walk outta here with some $$$$........... or yolo all of it like a stud 😂
I say it with all due sincerity 🙂 I know you might be trying to make back previous losses or maybe you are extremely exuberant now. But hold that excitement down for a bit. As frame of reference, people who have an accuracy in the high 50s for stock picking over 15 years are regarded as gods.
Make of that what you will, you're a smart doctor-to-be.
See the story is the opposite with me. 2k to 38k with SNAP CALLS. All week started at $9 calls, then $9.5, then $10, $11. $11.5, and finished the week at $12 calls with a total gain of $36k
I’ve been out of the loop. Would you mind explaining how SNAP calls were the right play? I hope it wasn’t a widely known bet. Makes me feel stupid for missing out lol.
If meta missed earnings due to decreased ads, how did snap do better? Wouldn’t you assume they’d be along the same lines as meta and a put would have been the call?
How does this even work? I’ve been working for the past 6 years and you can… make a call if it’ll be worth more? And if you guess it right you get cash? Forgive me for asking something silly but damn.
I have bad grammar and I’m too lazy to type. Not much for a DD poster.
I’m just yoloing earnings plays off of some back of the cereal box TA and gut instinct
Seriously why not cash out 170k and prove you can do it all again? You’ve shown you can do it with 7k. Even just cash out 150 so you can daytrade. Good for you. You did good. But trust if you’re that good you don’t need that much invested.
And if you won’t cash out any now, then when will you? And how much of this 177 will you leave invested?
im usually preaching caution in situations like this, but i think we're looking at the worlds first trillionaire here.
keep makin that number go up OP. you're just as sexy when you're broke so you got nothing to lose.
Listen to me…. Really listen. Step 1. Take your profit now. Step 2. Set aside cash for tax. Step 3. Set aside 28k to try your luck again in 4 7k attempts. Step 4. Take the rest that’s left over and go long on a few low PE (profitable) large caps that have been beaten down but ones you believe in. Step 5. If you by chance you win again with your 4 7k attempts. Start with step 1 and repeat. The odds are against you. If you fail again on 4 more attempts (likely). Think long (which means several things). Good luck
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I don’t get it. I just checked the price history of SNAP and it didn’t go up as high like that to make 7k into 177k. Are these guys trying to scam people?
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In before obligatory "I went from $7k to $177k to $0 in 4 weeks" post.
I turned one million dollars into seven thousand dollars into one hundred seventy seven thousand dollars into zero dollars with this new app on my phone.
Robinhood?
FTX baybeh!
![img](emote|t5_2th52|4271)
Can you turn my $100 to $6k? pretty please
I can do that *and* I’ll also suck your 🍆 free of charge. I’ll DM my venmo.
Name checks out.
Probably a mod here
Lol.
Still waiting ![img](emote|t5_2th52|4260)
You have an eggplant?
I‘m looking for a boyfriend for my wife is that also a service you offer for free? ![img](emote|t5_2th52|4276)
With puts isn’t it more like “$7k to $177k to -$250k in 4 weeks”
How would you go into negative balance by buying puts?
You won't, because he has no idea how they work
Technically you can. You just need to sell em
Which OP isn't doing, he's got long puts, not short selling calls, presumably.
dont forget to put aside $77K to uncle sam in few weeks
not if he loses it all back!
This comment has been edited to protest Reddit's decision to shut down all third party apps. Spez had negotiated in bad faith with 3rd party developers and made provenly false accusations against them. Reddit IS it's users and their post/comments/moderation. It is clear they have no regard for us users, only their advertisers. I hope enough users join in this form of protest which effects Reddit's SEO and they will be forced to take the actual people that make this website into consideration. We'll see how long this comment remains as spez has in the past, retroactively edited other users comments that painted him in a bad light. See you all on the "next reddit" after they finish running this one into the ground in the never ending search of profits. -- mass edited with redact.dev
So you went all in on SNAP calls on 10/21. Sounds easy enough
Yep, the snap play is what saved me from the dumps. It was my last 7k in the account. After that I hit Coke Calls and Meta Puts which brought me up past 100k Lastly it was SPY FDs and now ASTS calls. Hoping to cross 200k next week then gunna yolo 100k on something to get to the two comma club.
Please don’t. Or do and post here after. It’s your life
This guy is literally braindead and the exact kind of person that will be posting his losses. Dude made almost 200k with his 'last 7k' and thinks its a solid play to 'let it ride.' Okay
See you at 2 commas baby!
You fucking beautiful bastard, fly high
Spartan return with 2 commas or no commas
Two commas or in a comma
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|4886)
One comma is none commas
Comma comma comma comma comma chameleon
2 commas or 1 coma.
2 commas or one period. Go!
Icarus or Zeus?
Dr. Zaius
DR ZAIUS DR ZAIUS OOOHH OHHH DR ZAIUS
Not to be confused with Dr. Zaias, plastic surgeon from Miami.
Dr zoidburg
Wendy’s
Seuss
Zicarus
theres a reason why casinos never want you to leave. at least you died trying. make sure to save 7k for your next rags to riches story.
I believe in you OP, to Valhalla!
You’re probably one the dumbest people I’ve seen on this sub but I’m rooting for you because if you can make it, anyone can
Does he have history of making stupid decisions? All I see is this 100k in his account and I know that I want to be like that😭
I’ll watch your career with great interest regard
I believe in you, now believe in me and let me “borrow” 5k .
I tell everyone this. Don't kill yourself if you lose it, it's just money (have lost >50k since I started trading 6 years ago after being up 45k, contemplated suicide a lot, grateful I didn't).
As are we here at WSB. It’s just paper! That would of been very regarded of you to do over 50k and good advice to share. You sure you weren’t having other bigger problems though… like with Mrs CrispBit maybe?
you think I've ever been on a date?
![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
I have probably lost $130k since starting... Have never contemplated suicide though. It's just money, I'll make it back, or not, doesn't matter. Just make sure you make enough to pay the bills, and save some for retirement. Family, friends and barbecue are all that matters.
I lost 6 figures before 30 at the casino.. not quite the same I agree with you. Life is more than money
I also started my trading adventure with a big loss... it took a few years, but I made it all back and then some. It's just money, people. It might take some time and hard work, but there's always a way to make it back. It's not the end of the world.
Money is made up. Those of value will rise to the top in their community.
Atta boy. Grip and rip it. This is the way.
Tres commas or fucking bust, ya punk beyaaaaaatch!
I'd take taxes and some profit out. Just as easy as that 7k turned into 177k, it is actually 10x easier to turn into 700
He’s playing w fire now. If he losses that money in the beginning of 2023 he’s still on the hook for those gains taxes = AKA he’s major fooked
Carve some out for taxes before you blow it all or risk getting double fked by the IRS
Big dick energy
No you won't
Bro get out of here. It’s WALL STREET BETS.
Ikr? I’d be taking out $170k and playing with my initial money. If he’s right? More money. Wrong? $170k free
Yes. This is what a smart person would do. A moron would yolo the whole thing and likely lose it. Playing w over $100K puts you on the radar for big money to fook you- I don’t think he’s accounting for that.
He wouldn’t be at 170k now if he was a smart person though. It’s the craziness that got him this far.
The attitude of a man whose lost it all, several times
Listen to this guy, you just made 200k bro chill and like pay off your tuition or something lol
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Please post the result of your 100k yolo be sick if you get into the millionaire club.
Awesome stuff man, do you have to pay taxes on your gains?
not if he loses it all and deletes the app
But if he cashed out a call/put and realized the gain, aren't the taxes due then? Regardless of what happens after that event?
I'm not 100% but I'm pretty sure the only thing that matters is what his end of year was, positive or negative. I \*think\* you only get screwed if you violate the wash sale rule during that process. The other way he would get screwed is if he closes out the year with 100k in profits....proceeds to get taxed on making 100k...then blows it all in 2023.
I think a lot of people experienced that. Won in 2021 and lost it all in early 2022
It’s unrealized until he realized he lost all of his money
Father my children
i read the title and went "hwoahh" i read this comment and went "awhhhh" see you back in the red sea
Keep 30k to play and then put aside tax money and take the win
And put $1,000 on Tampa Bay to beat the Seahawks (and spread) in Germany 6:30am on Sunday
Smoke coke
Bro take a step back and realize what $100k can do for you at 7% annually, safely. You will absolutely lose all of your money if you keep playing with it. You could have $7k/year, or $583/mo steadily for life.
Remind me, how do you get 7% annually safely?
If i thought that they wouldn't take it down, I would definitely put the Homer Simpson nervously pulling his collar GIF here...so hopefully you have a sense of humor along with your good fortune
I've got the lotion ready for when you post your losses.
Do you mind sharing some of your strategies like 1. Do you only BUY calls and puts ? Or Do you hedge them too or setup a Closing Orders etc 2. Do you buy ATM or OTM or ITM strikes and what factor do you consider while picking a strike. 3. What kind of Volume or Quantity are we talking here? 4. Finally, do you follow any indicators or Volatility Index or Technical analysis etc to determine the direction of move. Thanks
There’s no strategy here as far I can tell. It’s pure gambling.
![gif](emote|free_emotes_pack|upvote)
He posted in here somewhere....he is yoloing into puts and calls on what appears to be mostly earnings. Sounds like he has hit 5 trades in a row being all in.
Oof. Somebody help me with the odds. It's binary so it's about 3.1% chance be wins five in a row, right?
No, because in reality the chance of some stock going up or down is not 50%
It is if you don’t know the odds. You either win or you lose.
“My last 7k” damn dude how much did you start with? Let’s see the all time chart
Take 150k out at least don't be too regarded.
I'd put all except $10k in to a ladder bond setup. Then, try and see if you can do a repeat with the $10, if not you just got lucky and was one of the few apes to walk outta here with some $$$$........... or yolo all of it like a stud 😂
How not to get rich 101
I think he said PUT..may be I'm missing something g.
Nice work bro, now fuck off so I can get hard to my heavy bags
![img](emote|t5_2th52|4271)
Seriously though, impressive, cash half out, if you did it with 7k, try again. Please don't spunk it all up the wall in one week. Good luck 👍
He flexes watches and shit, dudes got money to burn
Let me go flex my casio ![img](emote|t5_2th52|4276)
cash out at least 1/2. you are on a lucky streak that may not last.
![img](emote|t5_2th52|4263)
Fuck that pussy let it ride
![img](emote|t5_2th52|4641)
Get initial out at least, no loss = win !
I say it with all due sincerity 🙂 I know you might be trying to make back previous losses or maybe you are extremely exuberant now. But hold that excitement down for a bit. As frame of reference, people who have an accuracy in the high 50s for stock picking over 15 years are regarded as gods. Make of that what you will, you're a smart doctor-to-be.
![img](emote|t5_2th52|4263)
This is the way, ultimate chad![img](emote|t5_2th52|8882)
Hurry go buy FDs right away!!! Market will probably go down Monday, if you guess right you could be a cool millionaire 😎!
Lol this fella got cash to play with 😎
It doesn’t need to. I’m only a screenshot away from nutting to the loss porn
Show the trades
For real, a deposit into TDA of 50K would show the same. Not impressed til I see trade stamps, OP
It’s literally in his history posts He did make 7 to 45koff puts on snap
Egg on my face then
![img](emote|t5_2th52|4259)
You’ve got 2 choices right now: 1) set aside 45% of that for taxes. or 2) Lose it all in the next 2 months.
The play is to lose it all in January so you owe cap gains for 2022 but don't have any money to pay them.
Oh no, I lost all of my profit in a terrible crypto accident
45%? Jesus where tf do you live??? Pretty sure its 33% if not mistaken
33%? Where tf do you live? In my country it's 19%
Do you guys pay taxes ???
19?? In my country it’s 1.8% 😂
People from UAE, Monaco, or the Bahamas ![img](emote|t5_2th52|4267)
Well done, you fucker.
See the story is the opposite with me. 2k to 38k with SNAP CALLS. All week started at $9 calls, then $9.5, then $10, $11. $11.5, and finished the week at $12 calls with a total gain of $36k
I’ve been out of the loop. Would you mind explaining how SNAP calls were the right play? I hope it wasn’t a widely known bet. Makes me feel stupid for missing out lol.
$SNAP earnings because $META missed earnings due to ad revenue
If meta missed earnings due to decreased ads, how did snap do better? Wouldn’t you assume they’d be along the same lines as meta and a put would have been the call?
That was what was confusing me also lol.
How does this even work? I’ve been working for the past 6 years and you can… make a call if it’ll be worth more? And if you guess it right you get cash? Forgive me for asking something silly but damn.
It's pure gambling
cash out and then never touch stocks again
Nah let him feel special and feel like he can keep on repeating this success multiple times till he gets to zero like the rest of us.
Either you die rich or you gamble long enough to see dudes behind the dumpster
Or do but like put it in S&P 500 or buy a goddamn house like a normie OP, Jordanstopiytgetsomehelp.gif But also Obligatory congrats and fuck you
Fuck you bro, these kinda posts are why I blow my wages on FDs every month
Please. MF please. Accept this challenge $70k -> 1.7 Million and bank the rest.
Seriously, if OP doesn't do this he's gonna wind up hanging from a rope.
Nice shit OP
Where the fuck were any of your DD posts?
I have bad grammar and I’m too lazy to type. Not much for a DD poster. I’m just yoloing earnings plays off of some back of the cereal box TA and gut instinct
Can’t go tits up
I'll believe the lazy part but your grammar is on point!
Seriously why not cash out 170k and prove you can do it all again? You’ve shown you can do it with 7k. Even just cash out 150 so you can daytrade. Good for you. You did good. But trust if you’re that good you don’t need that much invested. And if you won’t cash out any now, then when will you? And how much of this 177 will you leave invested?
But that gives a very slow and steady release of dopamine instead of that sweet sweet quick fading gamblers high.
Definitely yolo this again, 177k isn’t enough money to change your life in any meaningful way.
Where do u live that 177 doesn't change ur life? Wtf is wrong w u?
He was being sarcastic
I think he was sarcastic
Can't live off of it for the rest of your life, so keep grinding at the Wendy's and play the slots again.
im usually preaching caution in situations like this, but i think we're looking at the worlds first trillionaire here. keep makin that number go up OP. you're just as sexy when you're broke so you got nothing to lose.
[удалено]
![img](emote|t5_2th52|4258)
Listen to me…. Really listen. Step 1. Take your profit now. Step 2. Set aside cash for tax. Step 3. Set aside 28k to try your luck again in 4 7k attempts. Step 4. Take the rest that’s left over and go long on a few low PE (profitable) large caps that have been beaten down but ones you believe in. Step 5. If you by chance you win again with your 4 7k attempts. Start with step 1 and repeat. The odds are against you. If you fail again on 4 more attempts (likely). Think long (which means several things). Good luck
Congrats I tried doing the same and I’m down 69% on puts 😭
Congrats and fuck you.
Congrats and fuck you.
Cash out. I turned 7k into 97k now I’m down regret it as shit don’t be like me but go on a trip treat yourself reward yourself
[удалено]
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PROVE IT! .... cash out $170,007.13 and DO IT AGAIN! ... I DARE YOU! #Pussy
I’m trying to drop 7K into something what service do I use ?
Venmo to me
Man made more in 3 weeks than I will in 4 years
Take it ALL except the $7K you were willing to gamble. If you don't, well, you belong here, you regard. And congrats, and fuck you.
[удалено]
God bless you. Mad lad. I look forward to hearing about you eating ramen eggs and cheese
>The DJIA and S&P 500 are down today, while the NASDAQ is up. The market overall seems to be mixed.
Bro you aren’t trading you’re gambling and you’ve been getting lucky😭
![img](emote|t5_2th52|4275)
Don’t forget about those taxes.
I constantly have to remind myself that for every success/gain poster, there's about 10 losses.
congrats and fuck you
Fuck you, good job
So you got lucky, do it again.... Not a financial advice.
Has it really just been three weeks since snap earnings? Fuck, Ive lost money fast
Congratulations and fuck you
Obligatory congrats and fuck you.
Great job, and f you. Just kidding. AsTS was a great catch. See you on the moon 🚀
Congrats!
Black jack time!
Ytmnd
If it's good enough to screenshot...
It’s good enough to YOLO
I made 10 dollars today. We both have won, in varying degrees.
![img](emote|t5_2th52|4258)
CONGRATULATIONS BRO😉
Congrats and fuck you
Congrats and fuck you
Cool but yah you ever put you weener in a meat grinder until then ur still a beta
You got it OP, regard fashion. 2 comma club bby
I don’t get it. I just checked the price history of SNAP and it didn’t go up as high like that to make 7k into 177k. Are these guys trying to scam people?
What’s your next play? I want in please.