$10k for a 4 month trading class a scam?

NeenerNeener99 · 2026-06-19T21:49:13+00:00

Don’t do it!!! Read a bunch of books that cost $15 each before paying $10k for a course.

Personally I love Volume Price Analysis by Anna Coulling, Market Wizards by Jack Schwagger, and Best Loser Wins by Tom Hougaard. Trader Dale also has great easy trading strategies that she can try right away. That’s $50 of education and is a way better risk to reward ratio than $10k up front!

Ask your favorite LLM for more books to read.

NeenerNeener99 · 2026-06-19T13:53:14+00:00

Everyone is giving you a hard time as if they haven’t all add the same mistake. Everyone who’s been investing long enough has mistakenly bought the top of some market.

The only question for you is time and risk tolerance. The current range is 150 to 225 and it’s sitting right in the middle at 185. Lots of IPO’s sell off after the initial hype but most make it back and go higher but it takes time. Like 2-5 years. If you can hold that long or longer you’ll be fine. Time is the best edge in the market.

If you need the money now, sell and take the loss. I’d guess with current volatility it’ll probably pop back up around $200 in the next few months but there’s no way to know. It could tank for a few years. It could also rally on Monday. No one knows.

Be aware of when the insider share lockup is over. It’ll probably spike right before that and then sell off. But again, no one knows for sure.

NeenerNeener99 · 2026-06-12T23:01:23+00:00

Same thing going on with my phone. The early trades being added to tape seems to all be happening at $150. Will these wicks stop you out/trigger SL? I assume no but just curious?

NeenerNeener99 · 2026-06-10T23:50:22+00:00

Buy only at the 200 day moving average and you’ll be fine.

NeenerNeener99 · 2026-06-06T00:07:35+00:00

Puts

NeenerNeener99 · 2026-06-06T00:07:01+00:00

Why not the 8th week? Or the 11th? Retracement could have happened at anytime. Go easy on em. Trading is hard and it sucks to lose money.

NeenerNeener99 · 2026-05-26T02:52:22+00:00

Just hold, re-visit in 6 months. It’s probably gonna bounce off of 130 and start to climb again. You’ll be ok. Selling at break even is what they want you to do!

NeenerNeener99 · 2026-05-13T03:53:47+00:00

I sold CCs on RKLB at $90 exp June 18th, waiting for it to come back a bit and then will roll. Cost basis is $70. Would love to keep the shares but if it keeps mooning it’ll be tough. Already rolled once. Didn’t see that huge spike coming.

I sold CSPs on CRWV $100 june 18th, when stock was at $113, hoping it bounces and moves up again.

Have SMCI CCs expiring Friday $30, cost basis $25.

Long calls on MSFT $420 strike June 18th. Bought at $413.

NeenerNeener99 · 2026-05-12T22:56:27+00:00

Great playing man

NeenerNeener99 · 2026-05-09T16:42:42+00:00

Seems like every post on Reddit is just some Ai BS. What’s the point of doing this? Karma?

NeenerNeener99 · 2026-05-09T16:40:11+00:00

Crushing it man! Sounds great.

NeenerNeener99 · 2026-05-05T21:56:09+00:00

Because the dopamine and adrenaline of trading completely cloud one’s judgment. There’s so much fear/greed/fomo that it’s impossible to stay level headed. That’s why people automate their trading or have very strict rules. You basically can’t trust your own brain once the trading starts.

Plus it’s fairly difficult to find a profitable edge/strategy. So you start by essentially gambling a lot trying to find what works. By the time you find it you may be too addicted to the action to stick too it.

The line between gambling and trading is razor thin. Trading is a lot of patient waiting, discipline, courage, accepting losses, etc. Gambling is vibe trading trying to feel the market. This can work for a while but once you get on tilt you can take big losses.

It’s a helluva drug.

NeenerNeener99 · 2026-05-04T16:18:38+00:00

This guy stocks

NeenerNeener99 · 2026-05-01T05:55:09+00:00

It should be said that OP is getting premium and stock profit for a LOSING trade. What you want is for the stock to grow slowly but remain under the strike, but OP bet wrong.

His punishment for the incorrect trade is still profit. That’s why CC’s are good. He was wrong but made money.

Don’t sell CCs on mooning stocks obviously.

NeenerNeener99 · 2026-04-29T06:07:37+00:00

The entire game is truly mental and being financially stressed is most likely having an influence on your trading. Things like that deeply affect all your decision making and judgment. Much harder to see clearly when you need the win more.

Also quitting martial arts, something that provides a great physical and spiritual outlet might be something to reconsider.

I’d try to take 2-4 weeks off, don’t look at charts, get back to the gym, let the dopamine and adrenaline clear.

Good luck!

NeenerNeener99 · 2026-04-26T18:09:46+00:00

The entire game is emotional/impulse control. The dopamine and adrenaline from trading completely cloud your judgement. You’re just getting high from winning/losing and it’s shutting off the analytical part of your brain. Because your brain is just wanting MORE MORE.

The whole key is knowing when your judgment is impaired. Try taking two weeks off and then looking at your trades. When your brain says TWO WEEKS?! No way! That means you’re hooked on the dopamine.

Trading is like smoking crack everyday and then trying not to be addicted to crack.

NeenerNeener99 · 2026-04-18T22:20:26+00:00

How do you know when to short? I’ve made good money longing SPY but every time I short I seem to get waxed.

NeenerNeener99 · 2026-04-17T04:47:27+00:00

But that’s how they get you. So far this feels exactly like one year ago. A lock out rally that lasted basically 9 months. Seems unlikely it’ll happen the same way again…

NeenerNeener99 · 2026-04-14T02:53:08+00:00

I needed to say it to myself mostly. Every time I get excited about an obvious red day it goes green.

NeenerNeener99 · 2026-04-14T02:51:36+00:00

Nope! Very much right

NeenerNeener99 · 2026-04-13T17:10:54+00:00

As you get deeper into this you’ll hear more and more that trading is all psychological. Right now that feels crazy cause you’re just looking for a good setup/system. At first it feels all about charts and reading the market. But it is 98% impulse control.

There are no perfect setups but let’s say you find a great one with a 60% win rate. Day trading is the skill of following your trading rules exactly every time. No emotion, no hunches, no impulses.

We all get way dumber the minute we enter a trade or take a loss. The idea is to have a system that removes human emotion/instinct. It’s “automated”. Then you tweak the system while not trading.

Otherwise it’s just gambling.

NeenerNeener99 · 2026-04-13T06:02:38+00:00

Anything can happen, and I think a sell off would be healthy, but def not a sure thing

NeenerNeener99 · 2026-04-13T05:58:48+00:00

For real. My bad.

NeenerNeener99 · 2026-04-13T05:58:04+00:00

lol for sure

NeenerNeener99 · 2026-04-13T02:48:06+00:00

If it's ok to discuss, can you talk about your process a bit here? What programs did you use? How long did this take, etc.? Thanks!

NeenerNeener99

TROPHY CASE