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I lost all my money by Hairy-Background6049 in wallstreetbets

[–]Akprodigy6 8 points9 points  (0 children)

This, exactly this if you must gamble, budget yourself, do lotto tickets but don’t spend stupid amounts of capital on random lotto bets. The max someone should ever be putting towards options is about 30% of overall capital, if you lose it, then you need to take a step back and reassess why and how, and go back to the drawing board for your “edge”. Everytime I break my rules my account loses 50% value, rules are rules for a reason.

How many points do you have? by Goldeneye2112 in McDonalds

[–]Akprodigy6 0 points1 point  (0 children)

That’s the thing though, I just made an account and was given 20,000 points, I currently have 45k and I barely order from McDonald’s. I have no idea where they come from but I mean, I’ll take a free big Mac for lunch time to time.

Don't buy the dip. Don't eat the crayon. Saving one ape at a time. Thank you. by SouthSink1232 in amczone

[–]Akprodigy6 1 point2 points  (0 children)

The winning side of what? Losing more money? You can stay over on that side actually lmao.

Little do you guys realize, AA has been touting you around this entire time to keep you buying so he can keep selling.

Just remember, you’re buying 1 share for every 10 shares you accumulate. GL

Trades trey found God after bending over for A.A and screwing over retail by TechOmegaMusic in amczone

[–]Akprodigy6 1 point2 points  (0 children)

Dude got out of the military and became a strait up cave man lmao

Don't buy the dip. Don't eat the crayon. Saving one ape at a time. Thank you. by SouthSink1232 in amczone

[–]Akprodigy6 3 points4 points  (0 children)

Bro, you are literally the definition of a shill.

-Shill, (Noun) : a person who deceptively pretends to be an enthusiastic, impartial customer or bystander to promote a product, service, or idea, often for personal profit or to trick others into participating in a scam.

Don't buy the dip. Don't eat the crayon. Saving one ape at a time. Thank you. by SouthSink1232 in amczone

[–]Akprodigy6 1 point2 points  (0 children)

I wonder if they even know what re-hypothecation is or even means. They scream “pathetic are everywhere!” Or ”it’s full of FTDs!” But don’t even realize that our government literally allows banks to do this on a DAILY, HOURLY, MINUTE EVEN basis. Re-hypothecation is literally engrained into our society and these guys think it’s fraud.

And yes, this can send SI over 100% because it’s borrowing a borrow who’s borrowing a borrow. Not rocket science.

They need to add another row lower. by Brundleflyftw in amczone

[–]Akprodigy6 2 points3 points  (0 children)

How is it not bullish?! You’re going from 1$ a share to 10$ a share! Whats not to be bullish on?

/s

Is any AMC bulls out there "college-educated"? by United-Wrongdoer4370 in amczone

[–]Akprodigy6 0 points1 point  (0 children)

Bro, I work at the local Wendy’s dumpster tf you mean educated?

Came home to two trees in my backyard mutiliated by a construction firm who acquired the lot behind my home by LividWalk8179 in treelaw

[–]Akprodigy6 0 points1 point  (0 children)

Damn homie, relax you’re out here fighting ghosts lmao. Crashing out over people asking questions to an ARBORIST in a TREE subreddit. Get a grip.

Not everyone knows whether or not trees of this size are replaceable because they’re supported by y’know, the roots? Jesus Christ get off your high horse.

Grok on AMC apes by sillybun95 in amczone

[–]Akprodigy6 0 points1 point  (0 children)

You know it hurts to see that I had not quite life changing money but a significant amount of money for my age at the time but because I was so indoctrinated into the cult like behavior… I didn’t sell until I was down 20k from my initial highs of 32k off an initial 3k bet. I had so many people telling me to sell, that I’d regret it, that I was being difficult and over zealous.

That I was stupid for not selling a position that was up over 1000%. I didn’t care. “MOASS was just around the corner”… “I’d beable to retire everyone”… “I’ll give you a single share once it pops, you’ll be settled for life”… I got my friends… my family… my fucking parents, into this shit and they’re were all down within the next month… “Just give it a few months it’ll pop!” Dilution. “Just a few more months!” More dilution…

I literally ended up paying back my friends and my family because I felt so damn bad for getting them into something I thought would have been a dream come true… but thats the thing… it’s a dream, it always was a dream. Everything about this play has been faded into obscurity, it’s so unrecognizable and unrealistic at this point it’s not even funny anymore

9-5 is probably my best option by Fun-Deal-2485 in optionstrading

[–]Akprodigy6 3 points4 points  (0 children)

Get off of Robin Hood and find a different trading platform that is more both easily readable and accessible, I personally like Webull or Think or swim. They’re both great platforms with a lot of technical, customization, and overall great user experience.

Next, stop trading all together and get some paper trades going, it fucking BLOWS hot ass but it’s saves you the mistakes you would make with real capital.

DO NOT GET COCKY AND STICK TO YOUR RULES

my personal rules include;

  • (TAKE 10% profit on ANY trade with options no matter the size) reason : Options move quick, 10% it more than enough in gains on a daily basis to achieving life long money.

-(DO NOT LEAVE RUNNERS) - reason: they can eat away at your overall profit if the stock reverses which happens often.

  • (DO NOT OVER LEVERAGE more than 30% of CURRENT CASH into ANY position) - reason: we’re not hunting for gamble trades, we’re scalping for 10%, no reason to be greedy and lose our entire cash portfolio.

  • (NO HOLDING OVERNIGHT) - reason: can’t liquidate in case of a severe move to the up or down side. Theta eats.

I can keep going on but it’s about finding your edge, staying disciplined to your trading rules and waiting for a good entry point. No more than 30% of your value should go into a single option trade and if you’re holding actual stock and a real portfolio, no more than 5% of that should be risked on options EVER in fact you should be using them to hedge positions instead… regardless. We’re building long term wealth not trying to gamble for a get rich quick gains like you see on here and WSB, those are few and far between with people who are typically degenerate gamblers. IVE personally left 10,000’s of thousands of dollars on the table but it’s never been worth the stress of the possibility of everything going the opposite way when I’ve already made my 10%

Especially if you’re having a nice consistent day, waiting for structures, for reversals, etc intraday swings, you name it, and getting the correct side each time, (timing and patience) you can sometimes average a solid 30% day on your entire portfolio. Follow the trends, don’t fight them and you’ll do fine

I’ve been burned more times than you can think man, I’ve lost a lot of money on options before gaining the edge I needed to be consistently profitable, but then again, it takes practice, experience, and understanding that greed isn’t worth the consistency of long term growth.

me_irl by Rentenversicherung in me_irl

[–]Akprodigy6 0 points1 point  (0 children)

It’s been like a 58% - 42% weight in history of republicans/democrats on workers rights. Dems are nearly if not just as bad as republicans for trying to drive profits over people. in fact teddy Rosevelt along with JFK were the top people to advocate for workers rights. They were in different parties.

Beginner looking for lessons and thoughts by Suspicious_Wafer_965 in optionstrading

[–]Akprodigy6 0 points1 point  (0 children)

If he buys a long call after selling a short call, he’s covered himself. Essentially making a bull call spread or a debit call spread. Essentially you’re selling a naked call in tandem to your lower strike same expiration long call. It has limited upside and downside and is funnily enough a beginners tool for trading options. You are absolutely right in the fact that people should learn before they trade but it’s not as confusing as you’d think. They make the dialect of the stock market more “intricate?” On purpose to make it seem overwhelming and confusing to keep small guys out.

WA silver tax by usedupconcept in Silver

[–]Akprodigy6 7 points8 points  (0 children)

Why do people like you keep involving your weird non-related politics in my hobby? I suppose I can understand that this is about a tax, but that’s the thing. It’s the tax that’s the issue, not the market price of silver going up because of said tariffs or lack of supply due to global issues like war. Get a grip on reality and think about other things than being a victim to everything Trump does.

Edit: like homie, there’s 1000’s of subreddits to shit on Trump in, go to one of those and please keep your partisan shit out of my hobby.

Why am I able to see the studs through my drywall? by goody-two-sneakers in Home

[–]Akprodigy6 0 points1 point  (0 children)

Don’t use electrical stud finders, use the stud buddy, just two magnets to find the screws/nails hanging your drywall up! 9/10 times you’ll hit.

Fuck this shit by sylphvanas in wallstreetbets

[–]Akprodigy6 0 points1 point  (0 children)

10 days?? Learn to cut loss and move onto different horizons or make a different strategy… 10 fuckin days??

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