r/wallstreetbets Paid $1.25m to change his flair Feb 13 '25

Gain 10x... $123k -> $1.2M on HIMS

Alright lady and gent degens. I present to you my first ever 10x on a single trade. I'm pretty proud of this bad boy.

Hope you all rode this rocket up with me. This was hell of a fucking trade.

Bought 11/06/2024, sold today, 2/13/2025.

5.5k Upvotes

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23

u/isospeedrix Feb 13 '25

question is why all or nothing? as opposed to sell 5% each bit on the way up

61

u/mori226 Paid $1.25m to change his flair Feb 13 '25

Yeah you can do that... I just don't like to dilly dally around. I like to be either IN, or OUT. Personal preference.

19

u/isospeedrix Feb 13 '25

dam im the literal opposite. i just have limit orders set at different prices so a portion sells when it hits that price. too much fomo if i sell everything too early it feels psychologically safer.

11

u/Retro21 Feb 14 '25

Well it is safer, and what most professional traders do. For every post like OP there will be hundreds who could only be all in or all out on a trade and end up losing their lot.

1

u/Earthkilled impressive endowment Feb 14 '25

What now? What’s up your agenda mr millionaire

1

u/molezou Feb 14 '25

That's what she said

1

u/National_Asparagus_2 Feb 14 '25

This is the part I do not understand with some of my friends. My guess is the willingness to get the jackpot and in their mind they will never have to work or they will feel accomplished. I get it some amount of money can be life changing. Humans never have enough of this evil

1

u/imJustTrynnaMakeIT Feb 15 '25

Long term vs short term capital gains tax