just lost everything . lost 20k+ put in 20k of my bank account now left with this and $5k in my bank account i don’t know what to do with myself someone pls tell me how u cope

    https://www.reddit.com/gallery/1g4h3k6

    Posted by adopi35

    46 Comments

    1. i cope by only ~~gambling~~ investing what i can afford to lose.

      maybe it’s time to check out r/bogleheads

    2. You still got a good percentage of what you started with. Try to get it back with smaller less risky bets. You’re far from over brotha.

    3. Galactic_PizzaSlice on

      And this, my friends, is why diversification is important when it comes to your assets.

    4. for__posterity on

      You go to sleep , wake up , and start over.

      Back in 2021 I lost like 230k+ in 2 trades over 2 days , I lost 97k in 8 mins in one of those trades and I will probably post that loss on here in the future. I think only like 0.01% people on here can match my loss per min which was $12,125 or $202 per second . Now I’m broke ![img](emote|t5_2th52|4271)

    5. Evening_Jello_6772 on

      I know how you feel bro this is the worst. Gotta stop using emotion when buying and doing risky and dumb trades. Something I’m teaching myself. What I did because I lost so much was buy long term calls into companies that will make sense and forget about it. In the mean time learn about how you messed up during your trades. And don’t do it again

    6. WallStreetRegard on

      I still see $12,580.06, you haven’t lost everything yet. Did you know 90% of gamblers quit just before they hit it big?

    7. onepingonlypleashe on

      With options plays, never risk more than you are willing to lose. You should automatically assume you will lose the money you put in, and if that would feel okay to you, then go ahead. If not, go with shares.

    8. Thanks for sharing. Your stupidity keeps me on the straight and narrow. You’ve served this community well. Now you are free.

    9. Close your accounts. Open a savings account. Get a job. Accept that you made a mistake and move on. Don’t make the same mistake twice.

    10. My advice, stop depositing all this money that you didn’t earn from trading and expecting to be able to trade like you can handle that much money. Obviously you can’t. You haven’t deserved that right yet.

      As painful as it is, start with a bare minimum amount that your broker requires you to have to make the smallest trades. Then focus just on growing this small account by 1-2% a day or whatever your time + your strategy can accomplish successfully. Then fucking grind.

      Your money is gone forever, delete the memory of it from your brain. Start making $20 a day, then $50 a day, then $100 a day (and make that transition over months) and then slowly get up to the minimum amount you need to pay all your bills. And make sure that is consistent over months. Then and only then should you think about “making” money.

      Realistically, if you follow this advice, at some point you will lose it all again, and feel even worse than you did this time because you made it all from trading so it’ll hit harder because it took you months or a year to build up to that amount.

      Then you restart and do the same thing again, this time it’ll go faster, and you won’t fuck up as much. Maybe this will be the last time, maybe you lose it all one more time, but eventually something in your brain will click about whatever is fucking you up so much and you fix it.

    11. This is a gambling sub, everyone here is a gambler. Take a few, reevaluate, and actually invest and set aside money in smart long term things. That number will eventually go up and turn green, but you need to be aware and focused. Read the news, invest accordingly. This place is for people who wanna make risky moves or get rich quick. Options are definitely risky, but it can be rewarding, either by DD or dumb luck.

    12. True-Temperature-891 on

      Take a small break just to recalibrate and ground yourself. I would transfer the 5k from the bank into the brokerage and enroll in the robinhood gold program so that you collect some interest on the capital while you figure things out.

      What’s been lost can be regained but you have to be a bit more tactical.

    13. Did u even have any idea of what u were doing…? Did u just follow a bunch of Discord and Reddit scammers..?

    14. BeyondTheStars22 on

      money comes and goes. It will come again.

      Just learn from this. Expensive lesson but at least not in debt.

      And never touch options again ![img](emote|t5_2th52|4271)

    15. You have like 10 posts on WSB, All of them losses

      I don’t think you should gamble on the stock market anymore

    16. Educational_Swan_152 on

      Here’s an idea. Stop gambling. Take your $12k, put that shit in an ETF and keep buying ETF’s over time

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