Nah it’s cool I did it to myself. When I get in my feelings I come on here and post about it, not sure why. Technically I am the biggest loser on wall street bets of all time that’s provided proof, I wouldn’t dare make my own thread because I couldn’t handle getting clowned on here by a bunch of scrubs. It’s not a good feeling. But to lose 6m you have to be able to make 6m. Anyway.
I used to sell and grow weed. This isn’t part of the 6, but I made and lost 3-3.5 million over 6 years of doing that. Lived good but too much stress. Got robbed for a big amount towards the end and decided I been doing that for too long and I’m too smart to not be using my brain. Hit the stock market in 2020 with 20k I had laying around and never looked back. Took me about 7 months to hit all time highs (6m) . There’s pretty much no better feeling I’ve felt than making million dollar profits on trades. All the bs I ever went thru was worth it. I’m way better a trader now but back then I managed my risk better. I made a couple mistakes that I should’ve just shrugged off but one thing led to another I got tilted and death spiraled. Once you lose a lot you kind of get numb to the smaller losses and I was just rushing to get back. If I just took my time it would be all good. I actually bounced back to 7 figured a couple times over and made some legendary % gains but always blow up on some overnight gap ups / downs, cpi, whatever. Put the weed game to rest bc I’m a “trader” now so don’t have a guaranteed 20-30k a week cash coming in.
There’s way more to it and I would’ve given up by now if I was actually bad at trading. The worst part is I go back and look at my trade history and all thru 2022 over 1000s of trades in a terrible bear market I won ~80% of my trades. Which Is fantastic, my average profit per trade including losses was something just over 2.6%, I just would get caught on some gaps or fast moves where I didn’t put my stop in and blow months of progress. Take one big loss then I’m guaranteed I take 3 more and blow my account. This spring summer I blew an account and from breadcrumbs I literally built it back up almost 100x it took me a good 5 months, I was literally killing the market, natural gas I saw a setup too good to pass up, I all in, next day it’s 20% in the opposite direction, I panicked and accept the 60% loss, over next 3 days blew the rest of my account when I was in a consistent 150+ day uptrend. Boy did I feel dumb. It is what it is, typing it out kind of makes me sick, I pull 14 hour a day shifts delivering Uber eats and doordash to grind 350 a day so I can trade again with 10k . I sleep in my car and jump in the ocean to shower, I could stay with my gfs family but they’re annoying and I rather struggle so I motivate myself out of this. Mentally I can’t trade with less than 10 because it’s worthless to me, I used to make 10k selling a 20 pack of weed in 5 minutes, every time I start small I over leverage myself and I’ve wasted hundreds of thousands since the original 6m loss by starting small instead of saving up and depositing “size”. I always tell myself I wouldn’t be in this position if I didn’t screw up in the end of 2021 getting tilted when I could’ve shaken the Ls off like any other L I ever took in my life
Anyway it just comes down to discipline, and I’ve made a lot of bad habits on my descent down, I know one day I can shake them, but I’m not there yet
I need to start a new wave rather than trying to reclaim the old one I was on, been trying but mentally I just can’t, tried drugs, taking time off, getting sober, nothings working, maybe someone here can offer some good advice
Some markets pay really well. Not a bad deal to get $ for discretionary spending. I’ve been doing more of the spark driving (Walmart) because it pays better than Uber/DD, etc
No 50 large
https://preview.redd.it/avw50bs3p9ga1.png?width=1080&format=pjpg&auto=webp&v=enabled&s=9c414f59dadda6b706c05f22213f298bc15931aa
Uber $40. Calls
I bought 410 puts near the close on Friday as well that expire Monday, but I already have a basket of puts with Feb, Mar and Apr expiries. Don't get me wrong, I have long term longs, but this rally seems toppy. SPX put in what I think is a gravestone doji along with bouncing around the upper Bollinger Band the last 2 days. Similar look to mega-caps and a few sector spdrs.