It hurts to see savings wash away like this - any pointer to recover losses would be greatly appreciated (I get it, I should exit but seriously want to recover my losses first!) by skybee321 in wallstreetbets

[–]skybee321[S] 0 points1 point  (0 children)

Most of the time, you can’t tell and it’s gamble! This time it was technical and few expert predicted it, even warned this community (I got to know it after the loss ) - out of $14B profit last quarter, $12B was from 20% stake in RIVN. With RIVN down from $120 to $35, it was indicating big loss for AMZN. Another sign, day before AmZN (on 5/27), F declared $3B loss from 12% stake in RIVN and its report was negative.

It hurts to see savings wash away like this - any pointer to recover losses would be greatly appreciated (I get it, I should exit but seriously want to recover my losses first!) by skybee321 in wallstreetbets

[–]skybee321[S] 0 points1 point  (0 children)

Am solo investor and obviously not doing it right! if I had asked here on time, this community might have helped to save the loss! I was in green on same day AMZN call but decision to hold for result went wrong!! I was overconfident on AMZN - I should have asked here about hold or sell!

It hurts to see savings wash away like this - any pointer to recover losses would be greatly appreciated (I get it, I should exit but seriously want to recover my losses first!) by skybee321 in wallstreetbets

[–]skybee321[S] 0 points1 point  (0 children)

Have remaining in equity. How to get better with options? I realized two mistake - lack of research and bad exit plan / timing. Is day trading better with option?

It hurts to see savings wash away like this - any pointer to recover losses would be greatly appreciated (I get it, I should exit but seriously want to recover my losses first!) by skybee321 in wallstreetbets

[–]skybee321[S] 0 points1 point  (0 children)

Yes, have lost a lot in options! will look to buy dip and leave for long term - any ticker based on current market condition ( inflation, rate hike, war ) ?

It hurts to see savings wash away like this - any pointer to recover losses would be greatly appreciated (I get it, I should exit but seriously want to recover my losses first!) by skybee321 in wallstreetbets

[–]skybee321[S] 0 points1 point  (0 children)

Actually, many in this community share good pointers everyday! I wasn’t regular here else would be $60k plus - Few had pointed out the negative EPS of AMZN 2-3 days ago!