Gambling Thread

The reality is if you are trying to trade this there is something very wrong with you

TRUMP JUST THREATENED 50% ADDITIONAL TARIFFS ON CHINA HAHAHAHAHA

LOL LOL LOL

As/if we go lower there is only one thing i will care about: elon getting margin called

1200

I made 30k at one point because my calls printed but the price moved so fast I ended up even because it dropped so rapidly I ended up selling before it went red. It never made it back up. When it started bouncing up I bought back in but had to sell out again so I ended up red. I decided after today I can't day trade spreads and daily options. Yea expensive lesson. Technically I would have lost as much if I held my positions and didn't sell any stock but that's not the point. I knew it was gambling but I recognize I cannot control myself. Today was eye opening how I would never listen to reason and kept impusilvely buying and selling into the spread whenever the market moved in any direction. These type of wild swing days are the days I need to avoid trading, high IV and just high volatiotuy means it's hard to read the market. I should not have traded but I always try to predict the market and end up burned. Either do less so I don't feel pressure or stress or don't do it at all.

I'm kind of in shock. Not sure where to go from here. Back to work I guess? I definitely feel... Negative but I don't want to be too hard on myself but I also need to recognize I have a problem and need to stop.

Just throwing away my money which I worked for and seeing it disappear to daily options in an instant is a losing strategy when the IV is so high. I shouldn't be trading or buying but I couldnt help myself. The correct play was to sit out. I'm thinking how I could have had 30k in my account right now after yesterday but instead my own greed and hesitation resulted in a net negative. It's my own problem. I cannot execute either. I need to be honest with myself. Not that good at this so I'm trying to figure out what I want to do next. I still think I have the capability of making an automated trader or tool that can do a better job than me. My issue is my own lack of self control and impulsiveness constantly getting me into bad situations with 0 planning.

STEADY GROWTH DIVIDEN STOCKS and then go open a bubble tea place

I'd rather just die bro. That's the problem. So bored.

That's why I cannot stay here in Asia too..

make babies, get hookers. Go to Peru for a cocaine vacation, i got connex down there if needed. 1 gram is 5$. Pure Peruvian too

Bummer, which food would you look forward to most when you leave?

Been there done that, then after when you're back alone and back to reality the dread sets in again.

I think making a bot that makes money trading is what will make me feel satisfied but I really want to work at a firm to learn as much as I can.

then make a bot if that makes you happy

go to school for trading or someshit to get a job at some rando firm

or go to random firms and just ask if they need a bitch. Coffee boy w.e they need to get in. You just need to find the owners or higher ups. Thats what i did in construction. I havent had a resume in 10+ years

This is why I don't gamble for money.
My biggest bet in the past was on the ponies. 240 bucks on a trifecta. But I won 1200 on that race.

That is an 800x return

My dad told me it was a big risk, but my grandpa whispered in my ear and told me to go for it.
He knew the horses better than anyone. And he gave me 300 bucks for my graduation.
He won it the night before my graduation and asked me to keep it a secret.
I miss that cranky old man.

1 Like

You think the guy buying dailies would love insanely volatile trading days but apparently this guy can’t hold it together long enough to sell when he has profit and buy puts when he sells

To be fair I don’t think I would make money buying 0DTE options either but that’s why I don’t do it