Advice? Update: thanks for all the supporting comments and DMs. Here are answers to the most repeated questions: - I trade options and stocks - I never ever gamble, even when I go to Vegas. Not even once. - It all started with watching a guy on YouTube trading live and showing his wins. It looked 100% legit - It didn’t look hard. All what I need is to predict the stock’s next move. - I started with hot stocks as Tesla and the problem was that I made quick profits for my first few trades - It was a strange feeling to open and close a position in 40 seconds and make $900. Then I kept having this luck for so many trades. With increasing volume, I was making thousands in the first few days. I felt I found the hidden gem. I started to make plans to quit job and retire and buy a jet and all those daydreams until I ran out of my beginner’s luck and started losing money. - With the false confidence I got from my winnings, I started increasing the volume to lower my cost basis and hope for less losses. This was the first big problem. - The second one is that I came up with an idea.. I looked at the history of individual stocks and found it rare that a stock would touch a certain price only once. So my idea was, leave the position open, it’s not a loss until you close it, and eventually the stock will get back to this level where you can close the position with no losses, or even gains! Remember most of the positions were actually short, so sky is the limit for my losses. As much as I tried to deny having feelings toward my unrealized losses, I failed and eventually closed the positions at almost the peak of my losses. The next thing happens after realizing the tremendous loss, as you can guess, is that the stock will move back in my favor and that hit me very hard. - And led to the third big problem; revenge trading. Instead of walking away after realizing my losses, I go back open huge positions again hoping to recover my losses but only end up realizing more losses.
Ignore, work few more years. You will be even. Or keep worrying, lose your jobs and end up homeless.
Sometimes you accidently deleted your saved game file and just have to start over
How much did you start with? How much was peak gains?
+643,000 probably
jesus
christ
You are highly regarded and you’re legit getting margin called? Damn
What do you mean by ops regarded?
It means he's well-regarded by this community of regards.
Don't chase loses. Make more informed decisions
Someone’s loss is someones gain
Not necessarily. When stocks go down everyone loses if the economy is down.
No Bloomberg it’s still someone’s gain even at the lowest, haven’t you seen margin call or similar
Did you edit the html
If he did then he did spend sometime refining it as I do see a pretty nasty margin call message in it
Simple math, could be done in seconds
Omg, how tf did you even achieve these kinds of losses?!
Weapon grade autism
He crafted a weapon, then turned it on himself
Quit trading and start investing
Start with medallia fund
Ticker?