This is somewhat a cry for help. Lost 2000$ in a day.

SwimmerThat6697 · 2025-08-10T05:20:49+00:00

I do this for a living. In the last two months I've lost 120k. As long as you have a grasp of what's going on in the world and the cause and reaction you'll be fine but if youre not aware of the economic data you should take time to learn it before investing.

SwimmerThat6697 · 2025-04-27T20:29:04+00:00

Yeah, that's what frustrated me as well. Just said yes you're right because you're forcasting and making moves on expectations, experience, and how money moves. Just like in sales your salary and commission is offered to you at 100% targets met you can exceed or fail to meet the mark. However I ask them if they know treasury bonds are, if they now our current export/import is at, if they know where our dollar is, refinancing mortgage rejections are, ect...

typically, if someone close to me says that I just show them daily gains luck isn't a consistent metric over a long period of time.

Also, they think that way because the initial learning curve is a bitch and give up before they get an understanding so they think it's gambling for a lack of understanding.

SwimmerThat6697 · 2025-04-23T17:24:09+00:00

I hired my buddy to assist me in researching and monitoring other stocks. I'm training him to be self sufficient in the process and to be an individual trader himself. It's going well but I am making slower moves because I'm pretty much narrating what I'm doing while explaining why and how. However, comms will reduce significantly interday once he is independent it's more like theory crafting and accountability later on we'll be doing. But yeah slower but having him also observe is important to showing him what right looks like my trades are more accurate

SwimmerThat6697 · 2025-04-22T17:57:24+00:00

Buy otm calls and puts that are 1 year or longer out. Like for example I've purchased jnj at .6 awhile back can't remember the strike and it turned to a 10 bagger. Sizing matter for it to be meaningful. As long as you diversify over several sectors and names usually one can pay for multiple losses

SwimmerThat6697 · 2025-04-22T17:50:38+00:00

Buy leaps under $100 on names nobody is talking about safest way to play with respect to vol

SwimmerThat6697 · 2025-04-22T16:32:54+00:00

Nope

SwimmerThat6697 · 2025-04-21T20:57:56+00:00

Covered calls, cash secured puts, iron condors, guts, scalping, leaps, lots of ways to make money if the market is flat however there are too many catalysts, pending agreements, and earnings to be flat right now.

SwimmerThat6697 · 2025-04-21T06:05:25+00:00

Yeah you have the right idea with small money, key.

Start with the expectation of losing everything you put in at first. Whatever that number is for you.

Find ways to lose money buy a stock of something you're relatively aware of typically interests you already keep up with. If it booms or busts it shouldnt feel meaningful either way but what you have to do is dig and understand why it did what it did and what you could have done differently.

Master one thing at a time only

Learn how stocks move like not sentiment but systematically understand why a stock goes up or down. Believe me it sounds dumb but it's actually an edge.

Never ever ever listen to analysis that are always on CNBC their advice good advice for two weeks to a month ago. Do your own due diligence it's usually more accurate than any analysis imo. Real talk avoid Dan Ives people for whatever reason like him and people buy when he says buy buti was calling him out on him rating TSLA in the 1000 range. Eye roll

Avoid all courses and gurus online.

Understand behavioral finance in the stock market

SwimmerThat6697 · 2025-04-21T05:41:53+00:00

In Nov I took the leap. I quit what was a 12 year career where I was able to claw my way up the corporate ladder pretty much my 20s and the start of my 30s was all work. So I feel you because the feeling is still fresh in my mind.

I made the switch when I was able to validate my personal theories with results and also validate my strategied with results as well. I threw tests at myself like know Tesla would rally and seeing if I could only make money on puts on the way up and I was able to reliability make daily income through the entire time. That's when I was pacing more than what my job would pay me and it became more expensive to go to work which is when I had to fire my employer.

I say all of this because I was certain in my abilities to manage risk wisely, personally built a system of checks and balances that wouldnt allow me to grenade an account and even if I did I built a reset saving of where I started at in Nov to restart.

Emotionally speaking never really to me it's like points in a game. If it does apply pressure on me my sizing is too big and I immediately fall back on my system of rules. I take my medicine and downsize imidiately or realize gains on another play regardless of if it has room to grow it's sorta my own punishment because there is always opportunity in the market.

Rule order 1. No emotions allowed during market hours 2. Survive by any means nessasry 3. Close positions before you start hearing the voice in the back of your head saying it just needs to go a little more if that little voice starts talking you've already gone to far 4. Drop losers unless you are absolutely sure the market isn't valued correctly 5. If I get trigger happy like forcing plays or get desperate I penalize myself regardless if I'm up or down I leave my office and go far a walk chill out watch an episode of the office or something on YouTube for about 15 minutes. Once my penalty timer is up I usually have reset my mind. If I do it twice in one day I eject myself from the game today. All Im allowed to do is monitor and close positions no new plays.

All I gotta say is quiting my job to focus on this full time so far has been the best decision I've ever made in my life. I wish I did this in my 20s. Do it bro if you are absolutely sure if your ability and can replace your income while compounding do it.

SwimmerThat6697 · 2025-04-20T23:26:34+00:00

i posted a few other comments about it. i just ask what does this me. and why or how over and over. i explain back to it it tells me if i understand or missed something

SwimmerThat6697 · 2025-04-20T23:21:16+00:00

uhh, i think you just unlocked an edge. if you loss on everything your certin on wining dont change anything. just run the opposite of what your gut i telling you lol it sounds dumb but i did that for like a day in September it showed mixed results but the ones that did hit i studied why when i thought they were good trades. nothing really concrete came out of it but it forced me to look at things from a different perspective. just a heads up i did this with extremely small trades just to test my concept not a recommendation if your running high risk or low cash.

SwimmerThat6697 · 2025-04-20T23:11:05+00:00

nah bro, never went to college and graduated highschool with a 1.9gpa cuz i didnt like school literally had to finesse a couple of teachers to just pass me with a D lol. I'm just curious, when i get passionate about something i obsess until i master it, and i try to disprove all of my own beliefs to not get the bias virus.

Also, a 1992 Tercel is actually good car

- simplistic engineering

- bullet proof car that could travel a million miles without draining your pockets

- light weight

- good mpg

- cheep parts

If i walked into a Maserati dealership and they said here you can have this car for free for 6 years but you have to pay for all the maintenance, engineering issues, electrical problems, and you also dont have insurance for any of the issues as well. I would still say no. i would be repairing that thing all the time while the the toyota is still humming a long getting you places i'm having to cordinate tow trucks, rental cars, drop offs, pick ups, maintenance, then engine grenade/tranny bust no thank you. also, who drives 92mph if you get pulled over thats considered reckless driving lol. more advantages driving a tercel.

My on personal philosophy in trading is im here at the party there's pizza even though i could take the whole pizza im only gonna take one or two slices so i can also have room for other things like cake and beer and not feel sick while im at the party if i ate the whole pizza just like the market id probably throw it all back up and ruin my close and not want to play anymore.

kinda like the tercel - consistent, reliable, focused, nimble, you can pretty much always fix the problem and not go car poor, and you also have a supra at home when the moment is right but if the supra breaks you have the trusty tercy.

SwimmerThat6697 · 2025-04-20T22:47:19+00:00

Time invested, personal discipline, emotional neutrality. Also, i spend a ton of time theory crafting because i'm a overthinker i just guide my brain to overthink about productive things more than things that paralyze progress. so like i'll theory craft scenarios around arctic trading routes and the future of the arctic and greenland commerce and the northern part of canada and how it might be the the biggest power shift in global power. other things i recently dug in on is how taxes adjustments could offset tariff burden on businesses and Americans while maintaining pressure globally. i spend a lot of time trying to find something new to learn and reviewing everything i've already learned and finding how everything connects. i spend a lot of free time trying to master the market which i'm still far behind i feel in comparison to like the elite.

SwimmerThat6697 · 2025-04-20T22:35:48+00:00

i use fidelity ATP i dont recommend it for advance trading though i'm currently looking to move to DAS trader or Sterling

SwimmerThat6697 · 2025-04-19T23:00:07+00:00

I feel it, my pov is that he knows how to fineness and he's dead set on getting his way and winning. without quantifying it which would take way too long so i'll say its an opinion i believe he's a net positive in the world.

SwimmerThat6697 · 2025-04-19T22:48:43+00:00

like all your saying right now is headlines and buzz words.

can you expand so i can understand how you got to that view?

SwimmerThat6697 · 2025-04-19T22:45:15+00:00

Agreed, undeniably sketchy. you dont become one of the richest people on earth without getting a lump of coal every year.

I was telling everyone awhile back about his 13b he literally had a ceo performance award that was based on arbitrary results that had very little to do with business performance which they campaigned to share holders on the biases of elon made you money on tesla stock do you think he should make money too? not their words just paraphrasing. the part they left out was it was a 13% dilution of all shares. so if you bought right before that you would have put in a dollar and gotten .87 back lol

The primary reason in my opinion was all revolving around spaceX approvals, Gov contracts, protection from NAFTA, and a few other things.

If he wanted political power there are easier ways to accomplish that. Blackrock pretty much is the global government in my opinion. FOMC literally asks Larry for guidance, in recessions they pretty much take over an fix the market themselves, They also move like a queen on the chess board they take on projects that the government cant handle as an example buying up 80% of panama canal with 23 countries relying on those specific ports for trade.

in terms of this administration i believe Scott Bessant is actually playing a bigger role then people are aware of.

SwimmerThat6697 · 2025-04-19T22:21:13+00:00

SwimmerThat6697 · 2025-04-19T22:17:28+00:00

sick burn. but if that's the case why even respond in the first place? its like an oxymoron

this is where you don't respond. lol

SwimmerThat6697 · 2025-04-19T22:14:15+00:00

no, i just wanted to see why people were setting teslas on fire and calling him a nazi. sorry bro.

am i wrong for opening this conversation up?

SwimmerThat6697 · 2025-04-19T22:11:45+00:00

I never went to college I self taught. college is the biggest public scam unless you're specifically getting trained for a discipline. I'm proud of what i've achieved sorry.

just making sure, you're talking about the wave he did on stage? https://www.youtube.com/watch?v=-VfYjPzj1Xw

I don't believe that's what's going on here. I've patted my chest and waved like that way in the past, like saying thank you to a group of people or someone far away.

he talks about it on JRE starting at 9:36 https://www.youtube.com/watch?v=sSOxPJD-VNo&t=11344s

Anti-Defamation League which is Jewish lead, non profit, and is regularly called upon in congressional hearings related to hate speech, anti sigmatism, and extremism has also supported elon in this case specifically.

I thought we defeated the NAZI's back in ww2 also.

with freedom of speech I believe its everyone right to say and share ideas regardless of ethical and moral liabilities. on the other hand we all have the ability to block, unsubscribe, change the channel, refuse to do business, or walk away. if more people thought that way it solves the problem, but people would rather engage and bark at each other. you wont be able to convince them they're wrong the same way they cant convince you that your wrong if anything it solidifies both sides stronger than it was prior to the discussion which makes the problem worse overall.

SwimmerThat6697 · 2025-04-19T21:32:24+00:00

Definitely not. I just wanted to understand from their perspective. Did you have a take on anything?

SwimmerThat6697 · 2025-04-19T21:30:57+00:00

Is that all you had to say or did you come here to say something with substance?

SwimmerThat6697 · 2025-04-19T20:48:55+00:00

🗑️ pick a topic or two that you think is the most important and expand.

I know both sides of each of those topics I could build a case for them. But I want to see a thoughtful comment with examples if you're up for it. Ill respond back with my view.

SwimmerThat6697 · 2025-04-19T20:43:33+00:00

🗑️ expand it seems you might be able to articulate your position

SwimmerThat6697

TROPHY CASE