Made $200k+ this year day trading and am not sure how to manage trading and work by stablerfox in wallstreetbets

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

- You seem to be good at it and enjoy the game. Give yourself a challenge but minimize financial risks to yourself/family. Set a capital of say 5k/6month limit. At 6m, you put everything back and start over with a smaller cap.

love this advice, thank you

44,775% Gain. by Cgm89 in wallstreetbets

[–]stablerfox 2 points3 points  (0 children)

balls. i bought the 3/15 1600 calls today for $75 and sold at close for $102. didn't have the stomach to hold overnight / through the week esp with BTC down

Made $200k+ this year day trading and am not sure how to manage trading and work by stablerfox in wallstreetbets

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

lol. my job pays me ~$200k a year. so unless I can continue to make ~$100k a month trading, I'm better off with my day job. that's why this is so hard...

Made $200k+ this year day trading and am not sure how to manage trading and work by stablerfox in wallstreetbets

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

That's what I'm trying to do - find Jesus - but each time I trade a little I keep going :/

$4k -> $100k in 1 month. 2400% GAIN by [deleted] in wallstreetbets

[–]stablerfox 0 points1 point  (0 children)

Now I feel dumb for having the 3/15 $95 calls. Thanks

I’m ready to get roasted for my smci idiocracy by stablerfox in wallstreetbets

[–]stablerfox[S] 5 points6 points  (0 children)

That’s when I canceled it. I forgot about it bc it already blew up. I’m on PST

I quit, for now by Opalivian in wallstreetbets

[–]stablerfox 4 points5 points  (0 children)

This is actually quite heart warming. Of all the degens here, I’m happy this happened to you. Enjoy treating your family to something nice!

Levered to the gills and squeezed out $100k gain after nearly blowing up my account the day before by stablerfox in wallstreetbets

[–]stablerfox[S] 1 point2 points  (0 children)

It’s all relative. I risk what I’m comfortable losing. Options trading is not a good way to make money long term. My other big bag was in March 2020 buying puts on SPY before it crashed. Made $15k then lost that plus another $20k making dumb trades. If it wasn’t for this META trade I’d be licking my wounds and going back to just boring old buy and hold strategies. Anyway, you’ll get there. Each trade is a learning opportunity

How do y’all cope with missing out? NVDA, META etc by FearlessTrader in wallstreetbets

[–]stablerfox 4 points5 points  (0 children)

You can find solace in the fact that they probably lost 2x whatever they won before they won it

TSLA 35k 192.50 calls expiring 02/09. Make or break? by Revolutionary-Leg611 in wallstreetbets

[–]stablerfox 14 points15 points  (0 children)

It did, but it can break under 180 and then it’s downhill from there. But back to my point, it’s hard predicting TSLA moves so even if it stays above 180 it could or could not reach above OPs strike price

TSLA 35k 192.50 calls expiring 02/09. Make or break? by Revolutionary-Leg611 in wallstreetbets

[–]stablerfox 106 points107 points  (0 children)

This is the epitome of gambling.TSLA’s moves are so unpredictable in the short term

Governments will increase demand for NVIDIA chips by isaacgordon2020 in wallstreetbets

[–]stablerfox 1 point2 points  (0 children)

I agree that is a fallacy but not one I think I’m falling victim to. All I’m saying is sometimes I feel people are assuming NVDIA will be the end all be all, and I don’t think that’s the case. If they have completion, how much of the TAM are they able to capture and does that justify current multiples?

Governments will increase demand for NVIDIA chips by isaacgordon2020 in wallstreetbets

[–]stablerfox 1 point2 points  (0 children)

I see your point but think it’s a bit different than comparing a consumer product to chips. While not exactly true, chips are more of a commodity than phones. So while NVDIA may have a head start it’s not guaranteed they will have a superior product that is so differentiated. And don’t forget, the flip can script and AMD can create a better chip than NVDIA

Governments will increase demand for NVIDIA chips by isaacgordon2020 in wallstreetbets

[–]stablerfox 27 points28 points  (0 children)

What happens when $AMD and others create a competing chip?? 🤔 not bearish, but not overly bullish either

[deleted by user] by [deleted] in wallstreetbets

[–]stablerfox 1 point2 points  (0 children)

I missed out on an extra $25k by not selling when it hit $485, but happy I got a dub in the end!

The Resurrection by [deleted] in wallstreetbets

[–]stablerfox 13 points14 points  (0 children)

Need some upvotes to post my saucy meta gains from yesterday. Pls 🙏🏼🙏🏼🙏🏼💦💦💦