Breaking Robinhood News and DD Loss Porn via /r/wallstreetbets #stocks #wallstreetbets #investing
Breaking Robinhood News and DD Loss Porn
https://reddit.com/link/jt2m13/video/n9jlsxchdvy51/player
TLDR: Retail gets cucked for ~ $ one set of ferrari tires and is completely wiped out.
Looks Like EV's are up Bigly, congrats on the tendies bulls! Even Robinhood thinks Biden is good for them how could they go down. I'm watching from the sidelines but here's some loss porn for you. It's aged like fine wine, sorry, it took awhile for my wife's boyfriend to explain the mistakes I made in a way I could comprehend. I'm still dreaming of that up 4.7% on my whole portfolio day right at the start.
I got greedy and put 85% of my account into one positions, then held +75% DNKN spreads grasping for more tendies before the buyout news came through, but was struck down by Inspire's billions of $'s.
Now that I have $3.36 to invest, I figured I would buy Sundial. I can't afford Aurora Puts or Canopy Calls, and Slang doesn't trade on RH. If everything goes my way I will have enough money for a preroll in 2024 when it is hopefully legalized in Texas.
And yes it was $100, but longterm even more ~ $ 7k across everything,
Ferrari tires are ~1.75 each so the math from the TLDR checks out. See below for the rest:
I started swing trading Aston Martin on TD for $0.05-0.10 in the June when it was playing with $1 (it's down to $0.80 today)
I thought " wow this is easy" until they hit me with the fees a month down the road.
So I got a Robinhood, too and once I lost most of my money, a WeBull. That comes later.
I started making money swing/daytrading shares, and then "taught myself" options.
Best Trades:
+1460%
+555%
Consistent Aston Martin $$$
Canna swing trading
Biggest Guhs:
- +$700 overnight on $ Spy Puts when it went to 297 in June (didn't even have to burn a day trade) held to SPY300 and up and up until expiry $0…. GUH
- Panic Selling GME calls, they were profitable within 2 days and I had months,
bought and sold puts and blew the remainder of the account… GUH - Did not Buy NKLA as VTIQ, thinking it was a scam and worthless compared to Tesla
While this is true everywhere except the NKLA subreddit, it went to $90 and I missed it… GUH
I won't have much to say until I get off unemployment, I guess I could paper trade but that seems way less fun than the past few months. Here's some nostalgia:
My Favorite WSB Moments
Being too poor for Teslamania but getting to watch from outside
Jerome memes
Tanker Gang's spirit
PRPL Lambo
GME Yolo $3 mil ( good luck brother)
NKLA defenders thinking they're right
Cocky Bears spamming the sub and losing money on NKLA puts when I had calls
Holding $1500 options overnight on a $4500 account and thinking I had a relatively low risk tolerance
My least Favorite WSB Moments
Kang Gang wiping out everyone
Tanker Gang's Tendies
Selling NIO at $6
Not Buying NIO 50C at $30
People losing money on PRPL and blaming PRPL Lambo guy for it
Missing Kodak
Anyways seems like enough for now. I guess I can get up from my chair at the Wendy's I am currently sitting in and turn in my application. I just feel like I'm not worth the job so I might just head to the dumpster instead.
If a Market Maker scanner sees this, forward the following to Jamie Dimon:
"Dear Jamie, Please Venmo me $10,000 I promise to let it get spoofed out of me by your metals desk trading GLD options and NAK. Hope the family is well, Happy Holidays." ###
I will end with a prayer.
Dear Jerome,
I am sorry for my sins. If I am given another chance at tendies I will approach them as a grateful bull. Buying stocks is better than selling them, that's why we have covered calls, overnight pullbacks for entries, overnight gaps for gains, and our patron saint: margin. Obviously stocks should go up, we have the technology to make them go whenever we want, I don't know why I didn't listen to the blatantly obvious signs of a Bull Market or the wise words of the oracle himself .
"Buy the Dip"
Submitted November 12, 2020 at 09:34PM by Random-Number1
via reddit https://ift.tt/36KB4VR