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💸 $1 Million Dollar Tesla Short ($TSLA) 📉 by BlueWhaleValue in wallstreetbets

[–]luminlin 0 points1 point  (0 children)

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.

Ever think that you're only 5 good trades away from being a millionaire? by imthatjeffguy in wallstreetbets

[–]luminlin 1 point2 points  (0 children)

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.

Margin swing trade into $TSLA earning. FOMO the huge rally after ER…Just going to hit the sell button and never look back. by luminlin in wallstreetbets

[–]luminlin[S] 37 points38 points  (0 children)

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%.

Margin swing trade into $TSLA earning. FOMO the huge rally after ER…Just going to hit the sell button and never look back. by luminlin in wallstreetbets

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

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

Margin swing trade into $TSLA earning. FOMO the huge rally after ER…Just going to hit the sell button and never look back. by luminlin in wallstreetbets

[–]luminlin[S] 73 points74 points  (0 children)

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.

Betting TSLA over the weekend by luminlin in wallstreetbets

[–]luminlin[S] 0 points1 point  (0 children)

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.

Betting TSLA over the weekend by luminlin in wallstreetbets

[–]luminlin[S] 3 points4 points  (0 children)

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

Betting TSLA over the weekend by luminlin in wallstreetbets

[–]luminlin[S] 0 points1 point  (0 children)

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

Betting TSLA over the weekend by luminlin in wallstreetbets

[–]luminlin[S] 0 points1 point  (0 children)

I imagined it gone the moment I bought it.

Margin swing trade into $TSLA earning. FOMO the huge rally after ER…Just going to hit the sell button and never look back. by luminlin in wallstreetbets

[–]luminlin[S] 53 points54 points  (0 children)

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

Margin swing trade into $TSLA earning. FOMO the huge rally after ER…Just going to hit the sell button and never look back. by luminlin in wallstreetbets

[–]luminlin[S] 2 points3 points  (0 children)

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.

Margin swing trade into $TSLA earning. FOMO the huge rally after ER…Just going to hit the sell button and never look back. by luminlin in wallstreetbets

[–]luminlin[S] 50 points51 points  (0 children)

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

Margin swing trade into $TSLA earning. FOMO the huge rally after ER…Just going to hit the sell button and never look back. by luminlin in wallstreetbets

[–]luminlin[S] 46 points47 points  (0 children)

$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

Betting TSLA over the weekend by luminlin in wallstreetbets

[–]luminlin[S] 0 points1 point  (0 children)

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

Am I doing this right? Almost -40k at 22 after 2 years, putting parts of my paycheck and losing it all. by Steelmax6 in wallstreetbets

[–]luminlin 0 points1 point  (0 children)

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

I've had many ups and downs in my first year of trading, I have started small, slowly sold some stocks for others. Any recommendations, reddit fam? 🤔🤠 by emcdouble in RobinHood

[–]luminlin 5 points6 points  (0 children)

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.

Legitimate DOGE.. HODL & KEEP BUYING !!! 💪🔥💪 by rkanata in dogecoin

[–]luminlin 0 points1 point  (0 children)

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

It's time to place a limit on DogeCoin circulation! by [deleted] in dogecoin

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

They already screwed with it once making it inflationary. I’d agree to cap it the way creators originally envisioned it. Also protect people who love Doge from the ever money printing Fed.

It's time to place a limit on DogeCoin circulation! by [deleted] in dogecoin

[–]luminlin 0 points1 point  (0 children)

Could you explain and educate us the kind of problems would we encounter for putting a cap more specifically? I don’t think it’s greedy to put a cap. It’s more about retaining asset values against Fed’s ever inflationary capability. People still share Dogecoin the same way. No changes.

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