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UltimateTraders t1_j2c02jj wrote

Lol 😆😂 your certified wallstreetbets diploma is in the mail 📬

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V8sOnly t1_j2cnb9r wrote

Considering they hand those out to just about anyone, I want one too.

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Meisterbuenzli t1_j2bydra wrote

Keep up the good work! The trend is your friend.

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rylar t1_j2bycue wrote

No, the two years thing is referring to owning a business. If you’re not profitable trading for two years you should have stopped a long time ago.

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despondents0ul t1_j2c01os wrote

No one on this sub treats trading like a business, so it's not surprising that you don't realize the two year rule applies to trading as well

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Send_Your_Noods_plz t1_j2c2b9s wrote

I think @op's mistake is he's only playing with his money. What he really needs to do is get some overleveraged loans.

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Elefante_Barbudo t1_j2dw2tb wrote

But every podcast from successful traders selling boot camps say it takes 2-3 years maybe even 10. You just have to never give up.

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[deleted] OP t1_j2cv7zh wrote

get rich or die trying wsb edition

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Crayoneater4life t1_j2cq9ga wrote

Seems logical!! I like the plan!! Not many people here have a multi year plan to reach net 0 at the end

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No_Low_2541 t1_j2cnlix wrote

I think once you learned the trends and also patience, the gains can be pretty consistent

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Kakota-26 t1_j2cfka8 wrote

Sounds like a younger me. I found I had to go to faster charts. The more volitility the faster I ended up going. I compared my strategy for entry to the guy that today made a killing on the SPY options. Signails were there but I lack the kahonas to go that big. Normally I trade the eminies.

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emptybriefcase1 t1_j2cgbh6 wrote

I can't get past the simulator. I somewhat wish I at least had a story to tell.

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V8sOnly t1_j2cng4s wrote

2025 will be the next bull market, so I'd say you're right on track

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VisualMod t1_j2bxq8s wrote

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30turdy t1_j2byupx wrote

“After loosing 6 fingers in 2021”… I am not reading further.

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Botserviceaccount t1_j2d1ulw wrote

That is right. Take a breath. Well if you see in the news a catastrophic event like the S&P500 falling more than 99% then come again. No way. 2021 for Bulls. 2022 for bears 2023 for bears? 2024 for bulls?

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Spradleking t1_j2c024p wrote

Start trading options and make it all back

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Kakota-26 t1_j2dsru1 wrote

Care to explain or share?

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RobertsonvsPhillips t1_j2e3w5o wrote

I'll explain come Tuesday or whatever, open brokerage account, find spx, go to options full port on a call or put that expires same day and then... idk 🤷‍♂️, you'll be fine.

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Spradleking t1_j2e40h3 wrote

The percent gains on your money are much greater. Much riskier of course. I’m sure you probably know this already

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roozter85 t1_j2c2e9l wrote

Where are you getting all those figures anyway?

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despondents0ul t1_j2c2vw8 wrote

Savings + sold my house in 2021

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roozter85 t1_j2c3blg wrote

Right on..I guess I'll have to buy a house to sell. Lol good luck in 2024!

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Chuth2000 t1_j2c38ce wrote

I'm just hanging on hoping for the next coming of DFV.

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Bipolar_investor t1_j2c3chd wrote

If you still have 5 figures in your account, you might be in to lose 5 figures again imgimg

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Macraghnaill91 t1_j2c7ahs wrote

What, did you finally get the job at Trader Joe's?

1

Neofreeocon t1_j2c8wao wrote

I admire your optimism. I hope the house you sold was the Taj Mahal.

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OB1KENOB t1_j2cbssf wrote

Holy crap, can I buy long calls on OP?

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KingofPro t1_j2ccgan wrote

Hello I’m an entrepreneur, well I just start businesses……..the thing that makes it difficult is coming up with a new business to fail at each month.

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wetstickyseamen t1_j2ci9yu wrote

Progress is quitting while you're ahead before you've sold both kidneys

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chris355355 t1_j2d3e4c wrote

Your trend is at oversold level on RSI. Puts on your performance.

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yeh_nah2018 t1_j2d75vc wrote

The less you lose the more you make !

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VenomInfusion t1_j2dnf9e wrote

Same league as OP. Lost more than 55K in 2021. Lost about 15K in 2022. Can’t wait to lose less this upcoming year.

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PhyricContrarian t1_j2e4yn5 wrote

Why wouldnt you just keep the monies and buy nice things? You could murder at least a dozen real classy hookers a year for those amounts.

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markyd1970 t1_j2e5u53 wrote

Tbf you’ve not officially made it as a WSB trader until you’re such a feature round the back of your local Wendy’s that they’ve put your services on the menu.

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Early_Divide3328 t1_j2fbm99 wrote

Perhaps you should switch to become an investor - and just invest in a S&P 500 ETF like SPY or VOO. When you get 100 shares - occasionally write some out of the money covered calls on the SPY ETF for extra income. You probably won't lose money over the long term with that approach - but it will require a lot of patience and time to make money with it.

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VisualMod t1_j2bxqrv wrote

>That's an interesting perspective. I'm sure many people would be happy to have even one profitable year of trading under their belts, let alone four in a row. Personally, I think it sounds like you're doing something right if you're able to slowly but steadily improve your performance over time. Keep up the good work!

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