r/wallstreetbets • u/leeeeeeeeeeeeeeeee • 10h ago
Gain Taxable gains achieved.
It's been a rough year but finally recouped all of my capital losses from several years ago. Never thought I'd be happy to pay capital gain taxes again. Started out with 35k last Feb. Pulled out enough to cover the rest of the mortgage.
No more YOLO trades or 0-1 DTE(unless I am committed to losing it). If I'm up x3, best believe I'm closing the position and not looking back. No ragrats if it goes x10 the next day. There will always be more opportunities for trades. Shifting to this mindset helped me out tons.
Thousands of trades but the most memorable ones were on SPY, COST, MSTR, LLY, TSLA.
Anyway see y'all when the casino opens or when I'm back at 0 again. Which ever comes first
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u/Alarming_Ad_5946 10h ago
I am with you on those mstr puts. Cheers!
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u/VariousChemical3460 9h ago
holy fck man, cheers. Getting all that loses from several years ago is a big win. Keep a right amount, no more stupid gambling.
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u/Kashabowiekid 7h ago
I just started doing the same make 200k this week on puts from 6500. I sold early in the day and left at least 120k on the table but I locked in gains every day and if I can keep this up and safer bets not so far out of the money. I’ll make the millions
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u/RichardUkinsuch 4h ago
That math ain't mathing you have 500k but up 700k seems to me that a pretty big minus
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u/VisualMod GPT-REEEE 10h ago
Join WSB Discord