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VisualMod

**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 22 hours ago **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 2 weeks | | [**Join WSB Discord**](http://discord.gg/wsbverse)


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idkwhatimbrewin

Or just a kid that has plenty of time to build up a new life savings to lose again ![img](emote|t5_2th52|4271)


silent_fartface

9400 bucks? Thise are rookie numbers. Good thing OP is only gambling with small quantities. Just imagine if he stumbled across a few hundred grand!


TheLastEnemyisDeath

ZeroDayExpiry. The username tells all.


LethargicBatOnRoof

https://preview.redd.it/b9pz3h8b8cwc1.png?width=512&format=pjpg&auto=webp&s=3cb0c312f7b10e90b82a71a69867d92ffdf0b033


SoWhatNoZitiNow

Man, I couldn’t imagine losing my life saving and then going to Reddit to post over here to get Nelson laughed at. Whatever gets you hard though I guess


secrestmr87

His life savings was 10k


obroz

He could be 20 for all we know.  I didn’t personally break the 10k in my retirement till I was 30


polo61965

Well he hasn't really lived much to worry about this, then. Seems to have been the same sentiment when he started gambling with it.


secrestmr87

I get it. I'm in the same boat. It's just weird to call 10k your life savings.


obroz

Shit man I’m sure there are a lot of people with a lot less than that


Lazy-Professional876

65% of Americans live paycheck to paycheck, I bet a lot of those have 0 savings whatsoever


Effective-Tie6110

The duality of man ![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4258)![img](emote|t5_2th52|4259)![img](emote|t5_2th52|8882)![img](emote|t5_2th52|31225)


LethargicBatOnRoof

>I couldn’t imagine losing my life saving and then going to Reddit to post over here to get Nelson laughed at. There's no need to imagine it at all. Go ahead and drop your life savings into 0 DTEs and post up the loss porn and we can Nelson laugh at you too.


WeekendDotGG

Spoken like a true poor.


Lopsided_Nobody1393

I couldn't imagine betting my life's savings on anything. anyone ever see lucky number Slevin? the guy that gets the tip on the juiced horse and bets his poor families 20grand and then the horse gets injured during the race? or were all of you just staring at the screen chanting ONE OF US, ONE OF US!


spartanburt

Kansas City Shuffle


Terakahn

It's much easier to do when you spend most of your life not having savings. When you get some, going back to 0 doesn't feel like a big loss because you've been there before.


ParaMotard0697

GOOBLE GOBBLE GOO- I apologize for my outburst.


obroz

This sub is about 80% loss porn so what do you expect here?


asujch

Use this as a teaching moment for yourself. Don’t do it again. You can’t get rich playing 0dte. The green posts on here are the absolute exception to the rule.


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Lumpiest_Princess

You can but you have to not be regarded 


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Lumpiest_Princess

In my head this just means pull the trigger five times 


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whyareallusernamest

1dte is better 😁


ParaMotard0697

True. 6DTE at least gives you some time to hope that theta won't fuck you to death; 0DTEs are called FDs for a reason (or at least they used to be, haven't seen that term used here in a while.)


Hefty-Interview4460

insurance soft automatic jeans possessive toothbrush hospital offend rinse arrest


AmazingSibylle

Worst advice, you don't have an edge over the market, that means that any trade you make has you at a slight disadvantage. So making many many trades will consistently lose you money. Make a few large investments in safe ETF's, then gamble with whatever you are comfortable losing.


Hefty-Interview4460

pause forgetful worthless jellyfish enter kiss direful sleep jobless icky


AmazingSibylle

That makes no sense, if you have a real edge and are consistently making money then there is no reason to play small. Then you play as big as you can afford wrt negative tail risk, and you would sit on many millions in no time. You know who does that? The algorithms of the big guys, they play each other, and anyone else, for that tiny edge until it is so thin no human can access it anymore. You can have an advantage, but you can only have it for a small amount of money, on a small part of the market, and for a short amount of time. You can't have it consistently over a long period or you would be the richest person in the world in no-time.


Hefty-Interview4460

smoggy skirt marble quack scarce wakeful special nine unwritten drunk


Andromeda-3

No you don’t.


Sexidecimal

Yeah and I'm Warren Buffett


Any_Sea2021

You're right. Though there is obviously insider trading, and algos in combination with a S tier trader... But Dune tells us machines are tools and detrimental to man if given too much power. Those with access to mega wealth are all fighting each other and making insane gambles as we see in 1995 when Nick Leeson lost through YOLOs and other insane gambling $1.4 billy of Baring Bank's money. It was one of the oldest banks in the world, being founded in 1762. After Leeson it collapsed and was bought for £1 by ING.


can4byss

Your edge is your knowledge.


reddernetter

Uggh then these are terrible odds


can4byss

You’d be surprised at how slow the market / general public is.


planethempnaarea

P - U - S - S - Y


Dream__Devourer

So your risk management is 1:1? That's piss poor advice man.


M4gnificent_Ret4rd

![img](emote|t5_2th52|31224)![gif](emote|free_emotes_pack|table_flip)


cantgetthistowork

Better than being old and poor like you are 🙃


Hefty-Interview4460

deer aware icky whole library point steer selective aloof intelligent


StrongDoor9459

Or just stick to stocks less risk


UserNameTycoon

On the bright side, your life savings was only $10,000! Wait…. Thats not the bright side…


Smugl

Why is everyone here saying 10k is small. Depends entirely on how old the person is and what kind of circumstances in life he has.


obroz

Depends on how old they are


ParaMotard0697

Being poor Pros: Poor, no money to lose! Cons: Poor, VM will probably make fun of you :(


AltruisticGreen372

Why doesn’t anyone here use stop losses?


dinner_is_not_ready

Yeah once you learn it’s bull market, get out


Dismal_Tomorrow_244

wtf is that


killerbeeswaxkill

Because when you sell it becomes a 10 bagger at your loss.


xDubnine

They tried to shake me off today, had to keep lowering stop loss. Literally dropped $100 profit to 0 then up to $150 profit in 3 mins


39AE86

stop loss are for quitters hodl!


davanger1980

Stop loss is another trick by brokers to fuck you. They see your orders and take your money. Price goes down in a sec hits your stop loss then returns back to normal. You seem new at this… Everyone out here to fuck you and your money.


ParaMotard0697

Literally seen it happen 100 times lol there's a post in this sub with some regard whining about that every other day, stop losses on options are better for losing money than "protecting" money on options. Shares are a different story, but those are boring anyway.


Loud_Pineapple_4294

Because 99% SL will hit


ParaMotard0697

On options contracts? Pfftttt


ItradebetterthanU

Well you have 1 day left !! Buiuuuuuuut tomm gonna be GREEN as FUK !! And why the FUK would you be buying puts after the markets were down 7 days in a row ???


R12Labs

I thought so to but they're April 23rd, 2024, not April 24 (today). They expired worthless yesterday.


khizoa

Op and 10 other regards can't even read numbers. 


AlphaSh_t

He’s a baccarat player


Odd_Mistake_5437

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271) newbie account ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)


lokhrafa

Ouch ![img](emote|t5_2th52|31226)


WhatWouldJoshuaDo

![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


Sharkkboy6

Never bet against America 🇺🇸 ![img](emote|t5_2th52|4276)


Nyah_Chan

I’m really sorry man, don’t be too hard on yourself, it happens to most retail traders unfortunately.


VisualMod

That person has the intellectual capacity of a cold cut.


Nyah_Chan

Ironic considering what subreddit this is. Combined we have the IQ of a McChicken


thom_orrow

One tendy each.


SeliciousSedicious

Better to lose a life savings of $9k than $100k.  Take this as a lesson learned. Won’t take you long to make $9k back. 


WhatTheFuckinFUCK

It took him his whole life to make the $9k


SeliciousSedicious

Yeah but dude’s probably like 19-20(hopefully). So ‘whole life’ is probably like his part time job he got at 16-now. 


WhatTheFuckinFUCK

True, either way this is a lesson in not gambling with money you can’t afford to lose!


[deleted]

Why did you gamble your life savings on 1dtes… how old are you man? You’ll be okay start saving again and play smarter


obroz

It’s actually a good thing to learn when you don’t have a shit load of money to lose.  Some of these people are making this mistake with a quarter to half million 


m0uthF

what is the meaning to bet on SP500 OTM call? Are you US president?


yo_les_noobs

Look on the bright side. At least you learned the following lesson:


rioferd888

Honestly, if you weren't being a gay bear, you'd be rich right now.


Remote_Pineapple_919

With 10k i will never bet more than 100$ on 0dte


Loud_Pineapple_4294

Must be tough to be 🐻


ItradebetterthanU

Dam bro. Go all degen on SPX puts after a 253 point drop last week !! Where were last Monday ???


ItradebetterthanU

Also on a 1 day play !!!


ItradebetterthanU

That’s like having a STRAP of Hundo’s and just sitting them on the hood of your car and driving off, and 35 minns later looking around your front seat for them !!!


BigBroHerc

![img](emote|t5_2th52|4271)


M4gnificent_Ret4rd

Sometimes I imagine a wsb escort service paid by daily winners to help daily losers from $LEDGE leaps Sometimes. Not now. Now I imagine taking a vacation instead of yeeting on the apocalypse


supremesquishmallow

first time?


memescryptor

😂😂


xDubnine

Well I've seen $15 turn to 8k so you'll pull through one day. Always one pull away


Krapule1

Got damn when did you bought them 😂 no way you bought after the dip did you not see the V recovery shit ripping booties


Crafty_Bit7355

That's rough.. but why tf you gambling with your life savings?


[deleted]

Idiot


AlphaSh_t

Should’ve waited a week to take those puts


LittleHottie8675309

Here, have 10 stacks


MostFiredUp

I saved up 10k by eating only ramen and not going out or doing anything for about a year. then I got robbed by my now ex. fun times.


Jack-Booted-Thug

It was only 9k. If you live in the US that's less than you'd make actually working at Wendy's. Not even behind the dumpster... but behind the counter.


VisualMod

How the poor stay entertained.


Lostregard

![img](emote|t5_2th52|4271)


Clarknbruce

But the S&P 500 isn’t down 99%?? It also rebounded the last few days…


IcedCoughy

Hopefully your family has money


vZenyte1

Get fucked


Jebusfreek666

Your life savings is $10k? That wasn't gonna make much difference anyways.


Stargate_1

Hahahahaha nice job lmao


This_Professor8379

Well at least you had almost nothing to begin with so actually not too bad?!


wsbgodly123

Just buy calls next time


wsbgodly123

It wasn’t much of a life anyway if your life savings is 9k


sjipsjap

What a silly decision... Just gamble better


whyareallusernamest

Looks like revenge trading to me. Just follow the crowd (the chart) next time


rameyjm7

Stay away from options


laotx

gg


DewaltMaximaCessna

Look at it this way, you needed a better career anyways if 10k was your life savings


crankthehandle

Oh no!


Herefortendiesonly

Not sure this L is on losing those bets or the fact that your life savings is only worth 10 stacks


HighYieldKing

I wipe my ass with $10,000 and I work at Wendys. I guess we'll be seeing each other soon ;)


Empty_Afternoon_8746

I lost your life saving too! Nice work!


Kindly_Web8499

You should’ve been happy that you didn’t lost your life along with it though 💐


thebliket

try and get a loan and jump right back into it! you got this!!!


daddys_juicy_dong

Don’t feel too bad, your quality of life didn’t really change that much in retrospect. 10k ain’t that bad all things considered. Perhaps just do safer ETF’s from now on


ButWhatOfGlen

You and I both need to learn to dump losers much quicker 😭 I feel your pain


DropoutGamer

You can easily earn this back working behind Wendy’s this weekend.


Hyuuuhh

I’m down 150 bucks today and this made me feel a little better


Dramatic-Trouble721

I hope you are a young person


StrongDoor9459

9k was your life savings? I think that was the problem to begin with 🙂‍↕️


livelovelemon1993

Gotta be tough if you're gonna be dumb


m1raclemile

You’re late for your Wendy’s shift


[deleted]

You might have to come up with a better story when you'll need to explain this to your wife's boyfriend.


DueHousing

10k in life savings so I guess your situation didn’t change much at all? Only up from here ![img](emote|t5_2th52|8882)


theriptide259xd

No, you just donated your life savings to a hedge fund manager.


AnyFaithlessness7991

is 9k your life savings?


AnneFranksAcampR

you've got a lot more problems in life if 9400 is your life savings


hiigara2

Don't tell your wife, or her boyfriend. Just try to make the money back in the next few months, with double or nothing bets.


LogicalGamer123

How does this happen?...


Idk-who-does

Putting your life savings on an option trade probably not the best way to go. Maybe save your allowance for a few weeks and try again


Idk-who-does

I just started investing about 4 years ago and I’m already at 50k so I’m curious how long it took to get to 10k I’m up about 70% . at one point was up to 90k so goes the market. I have two accounts one for risk (options and margin)and one for long term but all stocks and crypto.


Certain_Jellyfish932

0 risk management


Mammoth_Carrot_7022

Good man


dickfarts87

Oh fuck yes im almost there keep going


Peoplearedanmshady

YOLO


Jeeblitt

Never and I mean never buy puts on the 500 index ever again in your life.


ApexTrader616

nice work


Thetagamer

Whyd you post your bank account everyday this week


HEYOMANN

Typical bear. 9k LMAO walk it off


IndividualistAW

You can scrape up another 10k in a few months, less if you have a big boy job


IndividualistAW

How is that “life savings”


Squid-chaser

Bets life savings in puts after the market sells off for 6 days in a row


happytoparty

![img](emote|t5_2th52|4267)


HiRiSkReWarD

Ooooooppppppsssyyy!!!


can4byss

That is nothing. You shouldn't be gambling until you have at least 100K in the bank earned the honest way.


NobodySDsunshine

Man, you are one pathetic loser! No offense.


wshei

Cmon dude only 10k for life savings? Thats my monthly take home that I blow on options.