Yeah he’s YOLOing it all on red or black. But the thing is, the last few weeks have been amazing for day trading with so many nice intraday moves. So this strategy could sort of work for degens that are lucky on their guesses (til they lose it all). But when there are chop days, those 0 dtes are destroyed so quickly from theta - that’ll destroy all the gamblers who YOLO into .20 spy 0dte contracts
Dude why the fuck did you YOLO your last $4k into weekly SPY puts?? Could easily gap up Monday and you’ll be down 50% if not more. You’re a gambler. If you want to keep doing this long-term, you need to stop gambling. You should be trading 3 contracts max right now as you’re learning. That way you can take profits and leave a runner (so you don’t FOMO on missing out on gains) if you calculated your risk/reward correctly. Or better yet just buy a few shares to prove to yourself you can be consistent. I’m holding a few calls for December, but for your sake, hopefully we dip again Monday.
I mean he clearly knows he is gambling based on his declaring that he is YOLO’ing. So if you want to YOLO and win big or go home, looks like going home is probably going happen for you. But good luck mate!
On a positive note the transfer fee is being reimburse. Not sure how much that would help but,maybe using that to buy a more stabble stock will. On a side note op should yolo the fee too at this point this is full bucket of knives. The chances of coming unharmed are slim
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To keep things interesting, we want to see big gains and big losses!
So we've set the following thresholds for Gain, Loss, and YOLO flaired posts:
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We want to see the actual trade. What you got in at, what you sold at. Then tell us why you did it. Give us the story of why you're a fucking genius (or idiot).
This is what a great post looks like:
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Most of the time it’s not the shortsightedness or the utter terrible trades themselves. It’s the amounts of money that these people have in order to lose it in such asinine methods. It’s like, I’ve been good in budgeting, my other job in totally different field, so now let me take that hard earned cash I’ve spent years and self control to accumulate……Only to YOLO it shorting or somesuch on a company you were 100% sure would happen. Make it make sense.
Definitely do not do this. There’s a 98%+ chance you lose the $50k loan too.
You built it up once, you can do it again, just be a lot smarter this time and never yolo all your money on a single move.
Thanks for your submission!
To keep things interesting, we want to see big gains and big losses!
So we've set the following thresholds for Gain, Loss, and YOLO flaired posts:
* YOLO posts must be a minimum of $10,000 of options or $25,000 of shares and recently opened.
* Gain / Loss posts must show realized gains or losses of more than $2,500 for options or $5,000 for shares.
We want to see the actual trade. What you got in at, what you sold at. Then tell us why you did it. Give us the story of why you're a fucking genius (or idiot).
This is what a great post looks like:
[$17.2K Gain on AMZN](https://www.reddit.com/r/wallstreetbets/comments/wb5m4o/not_too_shabby_172k_gain_amzn/) - OP described his gain in the title, has a clear screenshot showing both the entry and exit, meaning his gains were locked in, and they explained their reasoning in the comments and what they learned. All around a great post!
Here are examples of what could get your post removed:
* [$300,000 SDC Loss. Still not selling](https://www.reddit.com/r/wallstreetbets/comments/wpm9am/over_300000_unrealized_loss_sdc_not_selling/) - Even though this is a tremendous loss and something worth posting about, **the position hasn't been closed yet**.
Here are examples of amazing posts which could have been even better:
* [$75,000 DDOG Loss.](https://www.reddit.com/r/wallstreetbets/comments/unsrey/loss_porn_ddog_call/) - This is a great post and one that won't get removed. However, the OP could have talked about *why* they entered the position in the first place, what their target price was, and what went wrong. OP didn't stick around in the comments to answer any questions.
* [$1.1MM Loss, No details](https://www.reddit.com/r/wallstreetbets/comments/lxm6wt/hold_me_1100000_loss/) - OP simply posted a screenshot of their overall portfolio balance. It's definitely a big loss, but it's not that interesting without OP talking about what trades they were in and why. OP didn't answer most questions in the comments which left many readers speculating on what happened.
---
All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers.
If you need some guidance, don't hesitate to [reach out to modmail](https://old.reddit.com/message/compose/?to=/r/wallstreetbets) and we'll give you some pointers!
Let me quote yourself:
> „Anyway, I started trading stocks in 2017, and reached around 150k back then, but then lost it all shorting a company called TLRY. Hopefully this time it doesnt end that way“
Serous question:
What exactly did you do to prevent the same outcome?
As someone who works in the field and has used the platform a fair bit over the last few years. Sprout kinda sucks, the market is saturated af and there’s loads of competitors with a better product.
I mean who am I kidding, you’ve got a milly YOLO on it so I’m sure you can afford to lose it all but if I were you I’d spend that on IRL Sprout and at least get high af while you’re burning all that cash instead…