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reddituseranyonymous t1_j2a9u20 wrote

Good luck. Im down like a million dollars from Nov 2021 highs because I kept betting the trend would reverse.... instead of quiting and following the trend at some point.

And/or listening to the crap advice I got from Morgan Stanley- and not cashing out my calls and buying QYLD. Id have lost a lot on QYLD but Id still have a bunch of Tesla shares and have a second income stream instead of holding my calls to zero then losing more trying to makeup the losses

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gypsies232 OP t1_j2aabwn wrote

Thank you! I have yet to reach a million dollars to lose but it puts it all in perspective (no pun intended).

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reddituseranyonymous t1_j2abm09 wrote

Im still salty about it. My account grew steadily all 2022 late September I made some small bets on Tesla rising into Q3 earnings and larger bets for Nov/Dec calls. Tesla went up 50% in a month. I made like 600k in a month. Mostly options, some $TSLA.

I considered closing the options, paying off my bit of margin - then doing something with the remaining cash but I had no idea what to do with the cash. Asked about buying QYLD was told not too- didn't. Monday Elon asked Twitter about Taxes. Tesla dropped 90% since

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Varro35 t1_j2dc2f5 wrote

Lol blaming your broker for you gambling losses?

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reddituseranyonymous t1_j2drsuq wrote

I dont have a broker you smooth brained regard. I am blaming the broker I talked to at a major firm for being a fucking idiot.

Any broker worth a shit would have told me to take some profits and offered to set up a meeting. He didn't. That's like sales 101.

Hell if any of my friends had asked me what to do I would have told them to take profits and offered to help them figure it out and I am not even a broker.

You probably couldn't sell a cardboard box to a cat

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Varro35 t1_j2dt86b wrote

Lol Ive sold many millions in software my friend.

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reddituseranyonymous t1_j2dtegv wrote

Doubt. Even if you're not lying Its irrelevant. The sales man I talked to told me not to worth with him when he had the opportunity to make some commissions. Hes bad at his job.

Hopefully youre better at sales than you are at reddit

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