valid analysis tbh. i question it because i feel that wealthy consumers in the US actually continue to spend healthily, and data mostly supports that. assets of all kinds are inflated, and that causes greater spending from those that actually hold those assets, and who are often the ones with the most disposable income as well. meanwhile the less wealthy still have baseline expenditure for survival that floors their levels of spending. my point being this K shaped economy can sustain itself for a while longer, and i think it will, so if something is threatening the economy it won't be from the consumer.

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Luckily only a few k

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In the market is the % that matters. Going 1 k to 3 k is same as 80k to 240 k, if you trade big companies 1 mil is a drop in the ocean

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I got liquidated twice in a week, 5 k and started again with 1k, took it to 3 then lost it. 5 k was lost when I bought silver contracts the day it crashed. I swore to myself I would wait for clear opportunities going forward, no weeklies, no fomo, no trading just for the dopamine rush and most importantly that I would always use a stop loss. Then I do it again, all of it, doubling down on losing positions on short dated contracts with no stop loss. I don't know if I learned my lesson but buying silver then asts and mu the very day they each crashed after watching from the sidelines for 2 months was pretty traumatic. All this to say that as upset as I am with myself for committing the very same sins again one week after being wiped out, I tell myself that this was gonna happen eventually even if I got a lucky streak first. I watch all these portfolios down overv50% in a week, with a lot more money on the line than I ever had, and I know I would have done the same, incapable of taking the loss. What is it that makes it so difficult to pull the plug? Yesterday I just looked away and today when I finally opened the app I saw that I could have salvaged my initial 1k and a bit more had I just closed everything Today there was 500 left and tomorrow most of the stuff expires, yet I still didn't close it Smart money don't diamond hold anything, the faintest bad news triggers waves of selling. Retail holds, unable to take a small loss even though it would take zero effort to buy back in if the trends were to reverse

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Do you think so ? Even with BTC at this level of 64-65 K ? I’m not sure. I have few 104 puts lotos for tomorrow that will go to zero unless Crypto falls a bit more and so MSTR

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Hey my business venture just died before it even started… and I lost $250 k in the process

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Can you really think on a better thing to do on a Friday night if you had a trillion dollars and a big ass bag of k? I mean, we all knew the world was going to be burned down by rich greedy men but I never imagined they would be such a bunch of fucking losers

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At least you still have 300+k left to win it all back

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149.99 J/k 172.34

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https://preview.redd.it/zzo34dfodshg1.jpeg?width=1179&format=pjpg&auto=webp&s=0dd39a8dccc7f6d2050f9954c5f89895afd092f4 Had to take a 100 k loss yesterday as I got called

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