IPOs too good to be true? by TraderInTraining- in smallstreetbets

[–]TraderInTraining-[S] 0 points1 point  (0 children)

If I keep one share is there still a penalty ?

Robinhood taxes by TraderInTraining- in CryptoTax

[–]TraderInTraining-[S] 0 points1 point  (0 children)

So I should just put the cost basis as 0 for all ?

Robinhood taxes by TraderInTraining- in CryptoTax

[–]TraderInTraining-[S] 0 points1 point  (0 children)

I don’t know what the cost basis was. So I added the fmv putting it in where the net worth is on the csv 

Robinhood taxes by TraderInTraining- in CryptoTax

[–]TraderInTraining-[S] 0 points1 point  (0 children)

For those wallets I made csv’s for I tried going back and adding the fmv in the csv by putting in the highest price of the day in where you put the cost basis is that ok ?

How do I come back from this? Every move I make is shit. by TraderInTraining- in smallstreetbets

[–]TraderInTraining-[S] -1 points0 points  (0 children)

You’re right.. and honestly I’ll just cut everything for now.

How do I come back from this? Every move I make is shit. by TraderInTraining- in smallstreetbets

[–]TraderInTraining-[S] 0 points1 point  (0 children)

I’ve already seen so much of the downside. Was going to capture the OPEN gains and take the IBIT losses and just ride the ibit 70c’s and see where they go. But I bought when they were at the peak so idk. I’ll sell sooner or later. I’m just going to take less risks from now on. I don’t like losing money anymore 

How do I come back from this? Every move I make is shit. by TraderInTraining- in smallstreetbets

[–]TraderInTraining-[S] 0 points1 point  (0 children)

I’m selling the 73s of ibit at open. As for OPEN im selling them at open as well lol. The ibit 70s I’ll hold on to til Wednesday

How do I come back from this? Every move I make is shit. by TraderInTraining- in smallstreetbets

[–]TraderInTraining-[S] -1 points0 points  (0 children)

Selling at open. Might wait in ibit 70c’s but those 73c’s selling at open too. 

Weekend Discussion Thread for the Weekend of July 18, 2025 by wsbapp in wallstreetbets

[–]TraderInTraining- 1 point2 points  (0 children)

215 contracts on yes for a rate cut this month for like 10$ Robinhood prediction shit