r/wallstreetbets • u/brokenb3ar • 8d ago

Gain I went from $800–>$100,000 in 3 months. Starting over again with $500. First profit locked today.

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If you look at my past posts I’ve been getting consistent gains and made over $100,000 with an $800 account. Link to my old post: https://www.reddit.com/r/wallstreetbets/s/7MXza5HZ2x

I have took out all my profits and trading again with $500. Today I shorted the Qs and profited 400%. I will continue to post my positions and work myself way up in the next three months. Thank you for all the positive comments and also thank you for the negative comments that motivate me. See you next week you regards.

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u/EvilCeleryStick 8d ago

Because the underlying moved down in between the purchase and the sale.

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u/Laroxide 8d ago

Selling puts is a bullish strategy, how did they make money when it went down?

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u/EvilCeleryStick 8d ago

He bought the puts. The underlying went down. He sold the puts.

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u/Laroxide 8d ago

Ohhh, read the screenshot wrong, I see now. I don't really use robinhood for trading only looking at charts.

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u/EvilCeleryStick 8d ago

Ok. But I don't use Robin hood either. However, since he's reporting profit and showing 2 transactions, it's clear what happened regardless of the platform...