Thank you all that helped me this regard out. Sold right at open. Literally don’t know what I’m doing. No strategy charts or anything, straight up gambling. Started in wsb since very late 2024, I am 84k up since then. Cashing all out today and gonna travel the world before inflation makes my dollars become worthless. Put in 2 weeks notice today. Cyall regards! Thx for the free vacation.
One can hope. We are pretty fucked in the short term, but there’s possibility of success long term just depends on the fallout mitigation, and how the rest of the couch lizard politicians handle the aftermath.
The absolute mental stupidity in the current admin has made me lose faith in the education level of all these guys pandering for votes with nothing of substance to offer though. So won’t be surprised if the brain rot continues, and we keep getting fucked long term as well. Every thumb sucking, couch lizard performative asshole currently holding office regardless of party affiliation needs a prompt public reevaluation pending removal, only way to clear the rot.
Dude...you're clearly trying to defend teh indefensible.
Tell me what would the ultimate play here be?
You've burnt all allies. You've nuked the standing of the US as a free market. You've torched the capital available for growth. You've neutered supply chains.
So after everything is now ash? You expect a happy outcome? Maybe if there's a global war and the US wins....that's probably the only path.
I don’t think anyone could say for certain cause there’s definitely a crazy amount of secret deals being done. I’m not defending it, just hoping whatever’s got them twiddling their thumbs and nuking the economy is worth it. A bit of optimism in scary uncertain times.
I tend to look up to 10 years ahead both short and long term.
It's only obvious after the fact.
There were still many lingering questions at 3:59 pm yesterday and if the announcement didn't have the universal 10%, and if it had some offramps, markets would've been positive or flat today
There’s no such thing as a zero risk trade and you can always rationalize a reason why things can go wrong, but after yesterday’s little bump and the imminent tariff announcement, the choice to buy puts to flip today was as obvious as it gets.
Just as obvious as BTC hitting 100k. Trump has pulled his tariff punches before, He also could have had a sudden change of mind and delay the tariffs another month or so
I saw it coming but thought, nah I’m always wrong so I’ll just continue to hold my calls. Should’ve sold those and turned 2k into a lot more than turning 2k into $100
I've taken this to the extreme. Almost every time I've lost money over the years has been because I sit on profitable positions wanting more until they start to bleed and then i either panic sell before they go green again, or I hold and it goes worthless. This year so far I'm green because I'm only in each trade for a few minutes, taking profit asap. I've missed out on tons of gains, but I've also missed out on losses so I try not to think about the thousands I could've had by holding and think of the $ i could've lost instead
I've tried 3 other brokerages, but I'm simply not willing to accept 5 seconds to load every page, and having to load an entire new page to do every action. Having to navigate to 3 different pages, and each page taking 3+ seconds to load each. I don't "trade," so it really does not matter if it's fast. But it does feel like utter shit using most other platforms.
Dawg you gotta see past these blind bulls just buying calls all the time. Saw this coming since he got elected. Only other thing I got right was timing
I just sold my SPY put on market open after trump announced tariffs. Biggest gain I've ever had but damn it would be worth nearly double what I sold at if I held it to today.
Strike price is $568. The premium (8.67), or price of each option (put) varies based on the stock price’s distance from the strike price, as well as the volatility and other factors like huge world events such as the tariff announcements. For instance, yesterday premiums were higher than normal. When you buy a single option, you pay for the price x 100, so a single put would have been $867. When he closed out of the bet, each one was worth $23, so a single put would have sold for $2300
To help this moron aka myself lose some money or maybe luck out and make some. You have to own some of the stock to do these kind of contract purchases?
In this day and age with YT and google I honestly didn’t go there first lmao. Thanks. Plus what you just described did more than anything. Now I know the meaning of those two terms. Didn’t know that. Hopefully I’ll ride off into the sunset with this advice!!! But probably not lmao. Thanks!!! Wholeheartedly
Just avoid selling calls or puts, stick to buying them because your losses are capped at the premiums you pay. My advice as someone who hasn’t been doing it long, that’s how I justify my gambling
Ok, I think tarrifs are bad, and because of that I think spy will drop
Therefore I should buy puts at maybe ten percent lower than present level. Then if it does, someone who has spy shares might want to buy my puts and then I make money
Well done man! Sometimes luck is all you need. You can set yourself nicely for life now, if you don't spend everything and do some smart investing. All the best!
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u/VisualMod GPT-REEEE 2d ago
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