Finally made it back after a very rough year. Based on my history, I should reach an ATH soon. The question is whether I get wiped out next time it goes down.

    https://i.redd.it/etbefpwei4ad1.jpeg

    Posted by IVarTh3boneless

    36 Comments

    1. Substantial_Glass348 on

      Chart looks oversold and ripe for a reversal ![img](emote|t5_2th52|4271)

    2. I am sure it was 4 years of nonstop fun and excitement ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)

    3. Da_Millionaire on

      I bet your total out/total in for those 4 years was multimillion. My $20k account had a out / in of $120k and only $900 in profit lmao

    4. coloredzebra on

      Alright, what rules did you learn in that time to get you back to square 1?

    5. Secure_Bit8068 on

      When I had 100k i would stop investing in option and put it all in S&P 500 x 5 leverage.
      When it continues to have 10% a year than you wll have 780k in just 5 years – the interest cost on the leverage of course.

    6. Any_Try4570 on

      Dude would have almost $300k if he had just put that shit in SPY like 4 years ago 😂

    7. Straight-Elevator419 on

      It’s funny because I always try to scroll with my finger over the chart on these posts

    8. LostRedditor5 on

      Meanwhile over that same 4 year period the S&P has gone from 3130 to 5486

      That’s a 75% gain. Based on your account size that would have been about 110,000 in gains.

      Instead you made a 0.20% gain, or 300 bucks on almost 150k

      So you’re technically down about 110k still bc you could have done so well with far less effort just being a reasonable person.

      You’re very bad at this and should stop.

    9. Fat_tail_investor on

      Hopefully you learned to not yolo on options or shitty stocks. Though you’re back to break even you’ve lost a lot compared to if you had just invested in VOO over the last four years.

    10. Blackhawk149 on

      Don’t want to burst your bubble but inflation from last four years means your dollars are -30% less.

    11. nerdiestnerdballer on

      Congratulations you haven’t lost all your money, which is quite an amazing feat considering your trading options. Will you continue to gamble and risk it all for a lottery ticket at wealth, or will you explore more certain outcomes.

    12. Actually, due to inflation you’re down about 20%. Plus you probably paid a bunch of taxes too.

    13. slvneutrino on

      This is why you pull out profits and stick them in another account that is boring as fuck with growth stocks or Boglehead style and run a traditional dividend reinvest strategy and have it passively compounding while you gamble away in your other account.

    14. __LudwigBoltzmann__ on

      Did you count the tax? ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)

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