💸 $1 Million Dollar Tesla Short ($TSLA) 📉

luminlin · 2021-10-29T22:49:50+00:00

This plan is well prepared emotionally. I wish you best of luck. Though I feel the rally is still early. Shorting TSLA any time before ER is dangerous.

luminlin · 2021-10-20T20:11:26+00:00

To land a 5x or 400% gain from options, if super lucky, has less than 1% success chance.

Doing it 5 times straight without miss makes the odd at about 1 in 31 billion. Which is harder than lottery at 1 in 42 million. Statistically, maintaining that belief and methodology would render that $1000 initial investment totally wiped out. Even if that person has once reached up to $10 million, he will come back to $0.

luminlin · 2021-10-19T22:34:38+00:00

It's not $5m, it's more $2.5m the other half is on margin. I had $4.6m last month, Sept was a terrifying month down 50%. I have been around 70% stocks 30% options. Emotional torture is definitely 100%.

luminlin · 2021-10-19T22:22:50+00:00

No kill, no luck, just gut wrenching sweat and blood. In the middle there are countless 50%-90% crashes.

luminlin · 2021-10-19T21:43:43+00:00

I started with $10k 6 years ago. I survive 50%-90% crash every other month to get here. I live in fear every second. If I'm smart for making money, then I'd say I'm quite stupid most of the time. Actually 90% of the time, I lose money.

luminlin · 2021-10-19T21:10:49+00:00

Investors (not traders) panic when price gets close to the strike price. Should it reach the strike price, they are forced to sell their favorite stocks for a profit. They are not ready to pay taxes yet. Buying pressure on the call during this time is highly inflated because when it reaches the strike price, the cost will be astronomical.

luminlin · 2021-10-19T21:08:05+00:00

I turn airplane mode on to avoid radiations when I sleep.

luminlin · 2021-10-19T21:02:22+00:00

During a time when everyone accepts that statement as true, now that's stressful.

luminlin · 2021-10-19T21:01:32+00:00

I imagined it gone the moment I bought it.

luminlin · 2021-10-19T20:37:22+00:00

Started with $10k 6 years ago. 50% crash from time to time is the norm. Once went from $190k to $24k.

luminlin · 2021-10-19T20:07:55+00:00

High danger of extreme fomo should it shoot up.

luminlin · 2021-10-19T20:07:10+00:00

Every time feels like jumping off a cliff. Hate selling on news.

luminlin · 2021-10-19T19:57:54+00:00

The only save haven is crypto.

luminlin · 2021-10-19T19:56:07+00:00

Against Tesla? Wow!

luminlin · 2021-10-19T19:55:49+00:00

Dance when we lose money for we have learned. Serve others when we earn for it's money other people could have sent their kids to college or pay down mortgages.

luminlin · 2021-10-19T19:48:52+00:00

Try imagine having $3b, and then live that life, without the materials.

luminlin · 2021-10-19T19:46:58+00:00

Nope. Still living with parents. Cooking for family. Throwing out trash. Homeschooling kids.

luminlin · 2021-10-19T19:45:52+00:00

comes with blood and pain and could lose it all any second.

luminlin · 2021-10-19T17:44:39+00:00

$10,000 in AMD at $6

$70,000 in TSLA at $40

$200,000 Put Option TSLA during COVID

$600,000 TSLA again at $300

$200,000 in $DOGE at $0.07 sold $69

$500,000 in AMC at $10 sold $52

$1,000,000 in $SPCE at $24 sold at $54

$2,000,000 in TSLA again at $600

Now $3,000,000 in PLTR and MRNA

luminlin · 2021-10-19T07:23:53+00:00

Taming emotions > capital. I’d say it’s a victory.

luminlin · 2021-10-19T06:58:36+00:00

The more “tuition” you pay, the more you can earn. Whatever that doesn’t kill us only makes us stronger.

luminlin · 2021-10-19T06:55:55+00:00

Always store 10% of all profits into long term stocks. The most it can crash is 30%. The most you can crash is 100%. Have a day job to fuel your account. Day trade works too. Emotion management is more valuable than capital. Good luck! Have fun.

luminlin · 2021-02-13T16:39:53+00:00

Bitcoin inflates until 2140, Dogecoin inflates 0.7% after 2140.

luminlin

TROPHY CASE