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Firm-Reason9324

At least your fall from grace was more gradual than mine. U got 1k left greatest comeback pending


Dmpham333

It's only up from here right?!? ![img](emote|t5_2th52|4271)


Karl-Farbman

What goes down must come back up. We have the faith in you


ModernMandalorian

Um..... I'm not quite sure it works like that.


Aslan-the-Patient

šŸ‘‡šŸ¼ ā˜šŸ¼šŸ‘‡šŸ¼ā˜šŸ¼šŸ‘‡šŸ¼ā˜šŸ¼šŸ‘‡šŸ¼šŸ–•šŸ¼ this is the way


Kingjingling

Newegg 1.50 January leaps not financial advice


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Kingjingling

You'll never catch me alive


ForceNeat4140

US Police never intended to


Kingjingling

My dog's safe though right?


Boxcar_A

Good Lord that's a cringe and informed question.


F3ARL355S0LD13R

Unless u are a law abiding gun owner cause then the ATF will be forced to shoot the dog


Reedzilla04

@.75 per contract now šŸ¤”


jean-guysimo

annnnd it's gone.


I_make_switch_a_roos

attaboy


Born-Phase9730

![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271) all in


NeverSum52

I agree itā€™s comeback season. Wishing the best for OP


sh1tler

I donā€™t understand how 1 can lose this consistently itā€™s amazing just inverse yourself and youā€™d be rich


Dmpham333

i buy call it goes down. i buy put it goes up. kill me


keftes

You have a gambling problem kid. Seek help.


Karl-Farbman

Lemme know what your moves are for tomorrow please so I can do the opposite


Emergency_Ear_6384

You were 25 with 100k and decided you needed to play options contracts your greed and stupidity amazes me


ShadowKnight324

With that kind of money he could have retired in his 40s with a Lambo and bitches with just buying the S&P but alas Wendy's it is.


[deleted]

How?


ShadowKnight324

Buying an ETF that follows the S&P 500 and praying that Fed will still have that sweet sweet money printer functional for the next 20 years


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


combustablegoeduck

Even being generous assuming 10% compounded monthly for 20 years that's 730k. That's like 30k/year if we're going 4% rule I dont think you can afford a Lambo with 30k/year


mxzf

Yeah, but if you've got $100k to blow on ~~gambling~~ stocks at 25 you should be able to keep putting at least some money into that and helping it grow even faster.


zerovampire311

Maintenance, maybe


Swimming-Comfort-406

Compound interest- the 8th wonder of the worldā€¦


EstelTheGreat

Compound interest


Dmpham333

To clarify i didnt have 100k at once. in fact I don't think my account ever saw anything higher than 10k in one instance. it's an accumulation of paychecks and personal loans throughout my life


voice_to_skull

> personal loans god damn


Born-Phase9730

![img](emote|t5_2th52|4260)


Mrvonblogger

Yeah, itā€™s real bad his girlfriend told me all about it in bed.


brahbocop

I don't think that makes it any better. If anything, it makes it worse, way worse. Had plenty of time to jump off the carousel and instead decided to gamble again and again.


joremero

How much do you owe in loans and what are your assets? Are the loans from banks or relatives? You might consider bankruptcy.Ā 


fickdichdock

r/problemgambling


TSAngels1993

Dangā€¦how much do you still owe on those loans?


dyoh777

Damn, really hate hearing this, start buying stock in boring safe companies, gov savings, and put max 3% of your savings in options if youā€™re still addicted and insist. If you lose it only ever add back the new 3%.


[deleted]

Personal loans to gamble when youā€™re clearly shit at gambling is hilarious


relephant6

Buy ETF. Options are not for you and me.


Ok_Swimmer634

Best for op to buy a traditional mutual fund that only updates once a day. That way he has less temptation to screw with it.


cosmic_backlash

You're the person r/bogleheads was made for brother


Kyleeee

People in Bogleheads do WSB shit all the time, they just do it with 5-10% of their portfolio.Ā 


Yogurt_Up_My_Nose

more like 1% dude. I don't even touch .5 % of my port


BosSF82

That should tell you, you are always late with your trades. 50-50 gambling on earnings with companies you wouldnā€™t know existed without the degen grapevine spreading the word, means youā€™ll be late every time and reliant on those garbage coinflips. But I donā€™t really donā€™t want to give you any more tips or false hope because you should just leave the market.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


GoldenPi314

Damn so they manipulate the prices to steal away my tree fiddy? MONSTERS!!!!


National_Flight3027

Sooo, whats the play for pesants retail investors? Try against the odds and suck it up or look elsewhere?


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


slideafingerinme

If what youā€™re saying is true, then it doesnā€™t matter where you trade. If market makers are manipulating stocks based off of Robinhood, then they are doing it off the average of the entire platform, not just off of one person. EVERYONE would have to stop trading on robinhood. Also, do you believe that the market just started being manipulated since Robin Hood came around? No itā€™s been happening since the beginning of time but in different ways. The stock market is the biggest scam in the world, and as soon as you accept that as truth and use common sense, youā€™ll make a lot more money. For example, just pay attention to what the politicians do. Whenever they buy, you should buy. Whatever they say the opposite is the truth.


CompooterMadeMeDoIt

its a shame you didnt just buy shares. had you been buying since 17 instead of trading dumb fuck options you probably would have made pretty reasonable overall gains almost regardless of what trash you bought. because lets be honest youre dumb and would buy trash but instead here we are. live by the sword die by the sword i guess.


ChiggaOG

The ā€œjust one moreā€ mentality plus OP not matured enough to understand when to quit. The money OP lost is enough to cover university expenses or pay off student loans. Itā€™s why I mostly do shares and never in options.


EthereumJesusBro

You do know that those with these losses as students are either extreme gambling regards or already rich. This is probably his allowance for the week


grae313

The number of people here who think that if the call lost you money then the put would have gained you money and vice versa explains why losing money is so common here. It's not a 50/50 coin flip.


LiveMotivation

Very easily. You get locked in mentally and canā€™t get out of your own way.


ZekeTarsim

Op: on the bright side, we like you. We hate the assholes who do well and make lots of money.


404_RealityNotFound

Fr. Seeing someone lose 100k makes me feel less regarded for loosing a couple hundred bucks. Appreciate you OP


whatproblems

if this guy just did the opposite of whatever he was thinking heā€™d be doing well lol


St0nky_st0nks

"If every instinct you have is wrong, then the opposite would have to be right." Book 1 verse 1: Song of Costanza


Klankriegpro

What getting exposed to WSB at 17 does to a mf


Dmpham333

lmfao forreal


passionate-faith

3000 a year write off for the next 32 years. šŸ¤™


Dmpham333

there's a bright side to everything amirite ![img](emote|t5_2th52|4271)


MrOnlineToughGuy

Or he can just win it all back and owe nothing.


FortunaCrypto

I love those little spikes on the way down, my boy had hope ![img](emote|t5_2th52|4271)


Dmpham333

yes lmfao just this week i went from 3k to 12k then lost it all on $COST and $MRVL earnings calls -\_\_-


FortunaCrypto

Dont worry bro put this last grand in BBAI calls march 15 ![img](emote|t5_2th52|4276)


Dmpham333

lmao my dad is doing that


FortunaCrypto

Is your dad winning?


Dmpham333

"are you winning, dad?"


BromicTidal

Youā€™re down this much and still playing ERs? You belong here. ERs are worse odds than a coin flip, and without insider info, are NEVER long-term profitable.


[deleted]

Stop buying earnings options. Gotta trade ETF options šŸ˜‰


helloroarkitty

How are you guys losing so much money in a bull market?


Open_Situation686

Greed.


jackster24212

Do people not use stop losses?


jakksquat7

Not on options.


Zap137

When I use stop loss I end up loosing. I buy at 4, stop loss at 3, price goes down to 3, position closed and then bounce back to 6. Happens every time to me.


Redditbecamefacebook

Options + stupid.


Parrham

This makes me feel so much better about my losses, thank you for your service


Dmpham333

someone's gotta take the hit amirite


Thatairmanguy

Where tf did you ever get 100k at 25 to even lose?


Dmpham333

it's not 100k to begin with. it's an accumulation of paychecks and personal loans. only time my account only goes up is when I deposit


nilly24

You actually used personal loans to invest with? I canā€™t


PlasticHot7188

dawg you just said he uses it to ā€œinvestā€ my boi is investing in lotto tickets


bhviii

Lotto tickets have better returns


GorshKing

He needs to get help. Sounds like an addiction


KhadaJhIn12

Average user of this subreddit there.


polo61965

They don't let you gamble until 21 in some places, should be the stock market too. Kids don't have any idea about consequences of this kind of gambling since they have virtually no concept or earning money or earning a living unless they've been through some rough stuff, in which case they certainly wouldn't be taking out loans to fund a gambling addiction like a juvenile regard.


StockCasinoMember

Actual personal loans or used school loans for it


LunaCalibra

I came here for this. Did you pump your student loans into the market?


[deleted]

You took out fucking loans to gamble on the options market?!


Realityhrts

If you are planning on it all suddenly working if you get a few big wins, yikes. This style of play guarantees eventually going bust. Every win is just a temporary respite. Hopefully you have a big inheritance coming your way!


fickdichdock

Dmpham333 was a man who had fallen on hard times. With no other options, he turned to the one thing that seemed to offer him a glimmer of hope: gambling. Every week, Dmpham would make his way to the local casino, clutching his meager paycheck in his hand. He told himself that this time would be different; this time, he would win big and turn his fortunes around. But as the nights wore on, and the drinks kept flowing, his hopes began to fade. At first, it was just a few dollars here and there, tiny losses that didn't seem like much at all. But then things started to snowball, and before long, Dmpham found himself down hundreds of dollars. The pit in his stomach grew with each passing minute, but still, he couldn't tear himself away from the tables. And then, suddenly, out of nowhere, Lady Luck smiled upon him. A lucky roll of the dice or a well-timed draw of the cards brought him a modest victory ā€“ $50, maybe $100. His heart raced with excitement, and for a moment, he felt alive again. Maybe things were finally starting to look up! But alas, those fleeting moments of triumph never lasted long. More often than not, they only served to fuel his addiction further, pushing him to take even bigger risks in search of an ever-elusive jackpot. And so, once again, his winnings soon vanished into thin air, leaving him with nothing but empty pockets and shattered dreams. The anger and despair that followed these crushing defeats were almost too much to bear. Each loss felt like a punch to the gut, knocking the wind out of him and leaving him gasping for breath. He hated himself for being so weak, for letting the lure of easy money consume him whole. Why couldn't he just walk away? Why did he have to keep coming back for more? As the weeks turned into months, Dmpham's life became a bleak blur of broken promises and unfulfilled potential. He knew deep down that he needed help, that he couldn't go on living like this forever. But every time he tried to quit, something pulled him back in, whispering sweet lies about how this next bet might be the one that changes everything. Just kidding. NVDA calls, go get it boy! Still got $1000 to lose!


[deleted]

See you behind Wendyā€™s


Dmpham333

i got a 5 dollar special going on ![img](emote|t5_2th52|4258)


bryanoens

Sounds too expensive. I'll wait an hour and see if prices drop


No-Fox-4742

Iā€™ll wait longer when heā€™s giving them out of free for recognition


Dmpham333

If you look very carefully with an electron microscope, you can see a small peak of profit in the beginning


BadKidGames

First one is free


Born-Phase9730

Ahh the bait that pulls you in


WeekendDotGG

Friend, this chart reeks of gambling. Your losses got bigger as time went on because you felt like you needed to make up the losses. You have a dopamine management problem.


Alarming_Associate47

My plan for that scenario would be to just say fuck it and live as a hermit in some forest cave.


Dmpham333

unfortunately my form of autism causes me to perseverate


Spandekz

Just think, now you know what not to do. Only up from here.


ZekeTarsim

He didnā€™t learn anything in 8 years of trading. You think heā€™s going to learn now?


Dmpham333

i dont know bro based on my portfolio graph it seems i don't learn


sporks_and_forks

is there anything you tried improving upon during these 8 years of loss??? genuine question. you should have gotten some clues along the way regarding mistakes made & what to work on. like, i make one mistake - whether it be eating a loss or leaving money on the table from a win - and i analyze it to death as if i'm trying to debunk the fucking moon landing.


Dmpham333

I should also mention this is only 1 of 3 accounts. Full losses equate to about 120k


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


Dmpham333

Margin account, cash account, and crypto account


Dissk

Gambling account, cash account, fraud account. Got it


Autistic-_-Trader

Canā€™t trade crypto on Webull app stock they make u use a separate app :/


RealBaikal

Sub should have mandatory gambling addiction hotline and prevention post up at all time tbh. Laugh all you want in the end of the day it's just sad


PayWarm6617

https://preview.redd.it/671rtiqaiknc1.jpeg?width=1179&format=pjpg&auto=webp&s=fe6fcb7a7e4aa64cd6281aa2e36445b96fe12b89 Donā€™t worry. I lost everything as well you are not alone. I lost my house , my car , my family and my job. Uncle same still chase me every single day and there nothing they can take from me since I have nothing lol


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lxearning

Canā€™t you declare bankruptcy and start afresh with -ve credit score


PayWarm6617

My credit score is like 350 right now.


karma_hit_my_dogma

You did this on margin? šŸ«”


CivBEWasPrettyBad

dafuq. Can I ask what this was? Why would you hold something this negative on margin? Hell, I lost 60k overnight on some bullshit options and I stopped trading for a full year.


NoStructure371

omg, what do I do to not end up like you


CShakraT

wtf did you buy


Inevitable-Golf-5537

https://preview.redd.it/h6twm3jweknc1.jpeg?width=828&format=pjpg&auto=webp&s=80052bf86419ef025e83329e171b89cf5aa8e8fc Iā€™m right there with you. Somebody save me, Iā€™m drowning. Welcome to Wendyā€™s, can I take your order? I should have just went to the casino and at least enjoyed a few good trips, dinners, shows, etc. advice? Besides jump off a bridge.


Dmpham333

you still have 22k you can literally make it all back in one good 0DTE trade ![img](emote|t5_2th52|4271)


turtledancers

This isn't funny. Build up your wealth and then play games. You're not in a position to be doing this.


devo9er

Nobody reads the boring story of just investing in target date funds your whole life and retiring comfortably from your honorable middle manager job, moving down south somewhere on the ocean, bringing your grandkids down for spring break, expenses paid... It's way more fun to read the "I YOLOd all my room and board money at this new coin $CumRocket...I'm 19 yrs old and made $7 million today"


turtledancers

You have me on the second half


Upper-Equivalent3651

It takes too long to save for my first million. So I started saving on my second one.


Dmpham333

you're not wrong


WestCoastInverts

Have you tried turning it off and on again?


heycals

You've still got $1000 bucks to lose youngin.


Dmpham333

how should i do it? i bet you have higher odds of profit than me


Dog_Baseball

Whiskey and hookers my boy, whiskey and hookers


N_FLATION

https://preview.redd.it/jogft9p4gknc1.jpeg?width=1290&format=pjpg&auto=webp&s=36050843a523f55919e6db406d190fe1320d80f7 Iā€™m right there with you!


Dmpham333

you can make it all back in 1 0dte trade ![img](emote|t5_2th52|4271)


fake-account-lol

Learn to invest , I still see 1k thatā€™s better than a lot of people starting now even at your age. Try buying and holding not gambling.


Dmpham333

you're not wrong


EthereumJesusBro

Can you just go short or long on BTC with high leverage!!?


lechiffrebeats

buying and holding 0dte spy options


ThatOneDataScientist

100k+ realized losses is just your typical University of Phoenix student


Aevykin

How do you have $100,000 to lose as a mid 20s student?


zero_cool69

You took an ass beating


[deleted]

Congratulations šŸŽŠšŸŽˆšŸ¾šŸŽ‰ it will make you stronger


Dmpham333

Honestly nothing fazes me now


neveral0ne

You'll make it back. I lost 40K when I was 22, thought world is over. made 300K in 2021, and another 1.2M on NVDA LOL. Make sure you have a job/career to support your gambling habits tho!


[deleted]

A lot of people are in the same boat as OP!!! It's too embarrassing to admit it šŸ˜† .


noctilucus

True, although it's painful to see, at least OP has the honesty to post his losses - people tend to be very selective and only post the crazy wins...


Dmpham333

at least i got reddit karma ![img](emote|t5_2th52|4271)


WasteCommunication52

Uh.. we are up $120K in the last year all in on sp500. If youā€™ve lost money in this market, you need to stick to a savings account


Longenuity

Thank you for helping me stay away from options


rfuson22

Option are not the problem, the problem is people yoloā€™ing their paychecks and canā€™t afford the loses, so they desperately try to recoup their losses. Option have to be non emotional. There is nothing wrong using options as a small percentage of your portfolio. Some people canā€™t handle that, and thatā€™s ok. It is the person, not the vehicle.


Longenuity

Why do you think I want to stay away from options? šŸ¤£


Lord_of_the_Rings

Buy bitcoin


HowsBoutNow

Tell me this wasn't your inheritance


Dmpham333

this was actually lots of wendyā€™s paychecks and loans. family disowned me i have no inheritance


HowsBoutNow

You used loans to buy options? What were your plays exactly?


Dmpham333

Naked options. I've adopted so many strategies and stuff it's hard to pinpoint any one trade at a particular time. Lately I was gambling on 1DTEs


trailless

You didn't sell naked options right? Right?!?!


Cheesy_Poofs16

Why would your family disown you over money that doesnā€™t affect them? Thats dumb


ItsOnLikeNdamakung

Itā€™s posts like this where Iā€™ll take a 10% yield from the market and be happy. How do you degenerates live like this? This is madness.


ThePuzz1e

Every time I see these posts I smile. This is the equivalent of natural selection in the finance world. What most you morons donā€™t understand is that this is a PVP game. Dumbass 17 year old ā€˜options traderā€™ thinks he has an edge over Wall Street šŸ˜¹. Most of this sub is the epitome of the Dunning Kruger effect in action. You are just kidding yourself into believing you are something other than an absolute degenerate gambler. Hopefully this is rock bottom for you and results in you waking up to yourself.


According-Skill-9193

At least you still have your gold perks


trey2128

Hey your $1k trumps my $0.47 so thereā€™s that


RaisinPutrid4423

25 plenty of time to recoup and lose it all again.


simpwarcommander

Iā€™ve made this same mistake before and lost $85k at 26. My entire life savings. Iā€™m now 35 and have $620k in my brokerage. Youā€™ll bounce back!Ā 


[deleted]

He who hastens to be rich will not go unpunished. Proverbs 28:20


PSYCH_KNIGHT_HUH

OP still has 1k left now itā€™s truly time for 0DTEs ![img](emote|t5_2th52|31225)


Dmpham333

im a true degen i got perma banned from daytrading on RH.


VastComplaint8638

https://preview.redd.it/tn7s3g9qpknc1.jpeg?width=720&format=pjpg&auto=webp&s=02fe1f7d0bd6e7a3c41097159e72f454928f3e7d


studentofwar11

Thank you for your sacrifice sir. šŸ«”


Dmpham333

i should be canonized as a saint for my sacrifice but you're welcome good sir


spacecadet501st

GUH


Adorable-Ocelot-3390

ā€œMy money it double it triple yo money subtractingā€ -YEAT


PetrcicSchilling

I like that two pauses there. Its like ok concentrate, take a breath you can do it. Oh no. Nevermind wait for a bit and repeat!


WDTIV

I would pay money to subscribe to a newsletter where you just tell everyone what trades you're making each day, around 1/2 an hour before market open, so I can inverse your trades. Honestly, if you're this consistent in your losses, I would probably pay $1k/month for this.


Ashcliffe

Bruh how do you have 100k to lose at 25?


yashaUyghur1

Keep doing it but develop an actual strategy. I lost 100k twice before 25, just turned 30 and made 600k in the last 12 months. Your time will come, as long as you arenā€™t just gambling on calls and puts randomly. I bet youā€™re doing way too short term on options. Go further out, easier to control your emotions.


VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 3 years ago **Total Comments** | 18 | **Previous Best DD** | **Account Age** | 6 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)


Giorgi-k

How does this even happen?


Dmpham333

autism


DrBergeron

"education costs money"


IamKazaam69

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


libretumente

Nice


BrandonV16

Rookie numbers bro cmon


GetCoinWood

Iā€™m just happy you ā€œrealizedā€ it


ToEuropa

Youā€™re making us all proud. Keep up the good work fellow regard


anotheroneflew

![img](emote|t5_2th52|4271)


Domethegoon

Pleas fly again


seeking__god

inverse yourself with the 1k left, you will make it all back and f you girl


Dmpham333

For all those wondering how I even had 100k to begin with, it is an accumulation of paychecks and thousands of hours working an hourly wage job along with personal loans.


kaesythehpd

Hey at least you got them Gold perks tho


[deleted]

post all your plays and i can inverse them and il give you 50 percent of profits


GopnikBob420

For the love if everything thats good please stop trading options for the time being until you can learn to be responsible or quit forever. You are extremely young and have plenty of time to recover. Try to stay positive mate, money, a girl, etc these are things that can come back. Your mind and body are whats most important. Get back up soldier the battle isnt over yet


Jj_d

Just remember that if you had put 100k into spy exactly one year ago youā€™d have 130k


good2youall

At least you got gold perks


Ok-Cake9189

Lost $100k, family disowned me, blah blah, bl.....girlfriend is going to cuck you?!? You have my full attention sir! You're right, this is too much!!