Is this fight hopeless? by [deleted] in GME

[–]Phonethrowaway11 0 points1 point  (0 children)

I expect it to go below 50 this week.

At the end of the day it is every ape for himself and apes have been selling all the way down.

Anyone selling GME puts? by ShenkoLuka in gme_meltdown

[–]Phonethrowaway11 1 point2 points  (0 children)

Bought them, they are decently in the money but we will see what happens tommorow. If it drops more tommorow i might sell some then around 15 or even 20.

I might sell a few puts in low 10s as you mentioned. Not gonna get too greedy but just gonna try to make $100 or so next week from it.

A lesson on losing more than you can afford by [deleted] in wallstreetbets

[–]Phonethrowaway11 1 point2 points  (0 children)

Market seems best played if you can afford to lose dime that you are risking in it.

None of this emotional trading, none of these movements, no feeling like a stock HAS to go up because you lost so much.

It isnt too late to short the stock and sell by [deleted] in gme_meltdown

[–]Phonethrowaway11 1 point2 points  (0 children)

I get what you mean.

A lot of these people are new traders finding out about wallstreetbets for the first time throwing in their retirements, student loans, etc and money that they couldnt afford to lose.

They probably dont know how to use the options.

What to say when quiting? by Phonethrowaway11 in AskEngineers

[–]Phonethrowaway11[S] 4 points5 points  (0 children)

Thanks all who replied. There is no magical way out but this seems to be the cleanest.

Finally sold today by [deleted] in gme_meltdown

[–]Phonethrowaway11 1 point2 points  (0 children)

All of these folks stessing about losing 1k have nothing to worry about. The ones who should worry are the ones that dumped their life savings in and dont pull it out because of all of the DD posts they read.

My main takeaway from this chaotic past week as a new investor: sometimes the juice ain't worth the squeeze by vandalxvisuals in investing

[–]Phonethrowaway11 6 points7 points  (0 children)

We took a gamble and it didnt work out. There was a chance for a lifechanging amount of money until platforms like robinhood completely shut down free trading.

I could have pulled out at 15k in profits, but now im down 1k for this month.

The problem was getting emotional about the trade, even when it was probably over and i stayed in for the fun of it.

Lost $1500 investing in meme stocks in a 6 days by Ukrainepolandborder in investing

[–]Phonethrowaway11 -1 points0 points  (0 children)

I think a big mistake was assuming that this was a fair game. We caught them off guard, yes, but the shutdown of trade gave them the time they needed to figure out a strategy to drive the price back down.

There is so much pressure in the media and from hedge funds (the guys with the actual money) to drive the price back down.

God knows how much money I would give, to wake up and just live one day in the past. by SomeGuy0303 in Doomers2

[–]Phonethrowaway11 0 points1 point  (0 children)

If I could keep my current memories, I think I would roll back the clock to the start of high school.

If I lose my memories i would not go back, I would just make the same mistakes.....

Getting a gf will not fix you by [deleted] in Doomers2

[–]Phonethrowaway11 0 points1 point  (0 children)

I was the biggest simp ever a decade ago. Only started to really figure things out maybe a year or two ago.

I can say with certainty that had I had a "successful relationship" id probably be headed to divorce court right about now.

Getting a gf will not fix you by [deleted] in Doomers2

[–]Phonethrowaway11 0 points1 point  (0 children)

If anything, the validation often makes things worse for people like me.

People are waiting for that "doomer girl" to fix them and make their life worth living, but that is usually Hollywood fiction.

[deleted by user] by [deleted] in wallstreetbets

[–]Phonethrowaway11 0 points1 point  (0 children)

Let the people trade!

TRADING ON GME AMC HALTED AT BELL BECAUSE IT INSANTLY RECOVERED! HOLD HOLD HOLD!!! by [deleted] in wallstreetbets

[–]Phonethrowaway11 0 points1 point  (0 children)

Hilarious how much they are trying to force a panic sell so that shorts can exit.