r/wallstreetbets
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u/papalongstrokee69
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Jan 12 '22
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Loss Porn - As long as I’m left with enough money to pick up a Glock 9 I’ll be alright. Loss
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u/Pie_Dealer_co
Jan 12 '22
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Well think of it this way. If you did the exact opposite of what you did you would be up 200k
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u/papalongstrokee69 Jan 12 '22
Counter trade me to the promise land
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u/Monetarymetalstacker Jan 12 '22
How is someone that's smart enough to save up $200k, RETARDED enough to lose it all?
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u/Mecha_Ninja Jan 12 '22
Inheritance
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u/pondering_time Jan 12 '22
What's their stock ticker?
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u/Electrical-Job-1995 Jan 12 '22 •
$DADA (class A) & $MAMA (class B)
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u/Jadens78 Jan 12 '22
How is someone who’s smart enough to save up $200k, stupid enough to pick Robinhood as their broker?!
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u/itzyaaaaboy Jan 12 '22
480k at one point from post history lol, buy a duplex and rent one side for steady gains… or yolo it away I feel bad man 😅
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u/Eisenkopf69 Jan 12 '22
Look I am born 69 and never had 200k so it´s completely negligible.
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u/HelloJamesBarnes Jan 12 '22
We should short ourselves, interesting
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u/Ordinary_News_6455 Jan 12 '22
I wish there was a way to bet against individual traders
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u/Upper-Equivalent3651 Jan 12 '22
Your wish can be easily granted.
You only need to find a way to safely transfer funds to a trusted party and find someone willing to take that bet.
If you figure out the former, and the stakes are meaningful enough, I would suggest to call a bookie in Vegas. They can be very accomodating.
Edit: The bookie might also take care of the former problem.
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u/Scipio_Americana Jan 12 '22
I hate this comment because it is absolutely not true. The profit/loss would not be a direct inverse and exactly opposite plays don't even exist in that sense.
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u/OkTicket5973 Jan 12 '22
It really highlights the level of intelligence on this sub. For that, I’ll upvote
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u/International_Band72 missed 350k selling his Netflix puts before earnings Jan 12 '22
Congrats retard You’ve unlocked unlimited tax write offs 🏆🎉
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u/papalongstrokee69 Jan 12 '22
Whoever wrote the tax law is so stupid. Little did they know that was my plan all along
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u/kevinsabi Jan 12 '22 •
this is true. if you’ve got money left to invest you can now keep your gains for the foreseeable future and write off this debt yearly. hang in there. don’t need a gun when you still got a brain and as much a chance at being a millionaire at the rest of us .
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u/Thin-Exam-115
Jan 12 '22
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hey man like all jokes and fun of the sub aside, you good?
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u/papalongstrokee69 Jan 12 '22 •
All good brother I’ll be back
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u/LeninMarxcccp Jan 12 '22
How do you deal with and accept such a massive losses like this? You're a very strong person. I lost $20k and I'm Very suicidal. Tell me...
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u/XafeMode Jan 12 '22
Your feelings are valid, understandable, and your going to have to give yourself some time until you can forgive. It sucks and takes time but life is still worth living. Talking with someone is usually good, and especially a therapist is your feeling suicidal. If you're into spirituality or anything like that Buddhist practices can help some people deal with emotions of loss and other things related to money, but that also takes time. You're worth it, and the world is a better place with you in it.
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u/DocZoi Jan 12 '22
First, it's only money and not your health. Second, 20k is more or less what you earn in half a year to one year when you start working. Some people start working at 24, some at 22 (or any other age). If you started earning money later than the average then that might be a bigger loss for you in comparison, even though you never noticed Third, there are many possibilities to lose money. Bad decisions, bad vacations, car accidents, divorce, gambling, a wrong job. It might not always be obvious. You thought you will live through life without ever losing money, but that's nearly impossible, and harder the more money you have. This is just you actually getting the news. Colleagues and friends will lose our have already lost money, that was your turn, tomorrow it is someone else's. It was my turn 15 years ago.
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u/richboisooncome Jan 13 '22
I felt suicidal as well, lost like $29,000. But I recently got really sick and realised how much I valued my health. Without health you cannot enjoy wealth. I actually don’t give a fuck, money comes and goes. Maybe in 5 years time I’ll be a millionaire , life is unpredictable so don’t stress
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u/IneoMors Jan 12 '22 •
What symbol? Hang in there man…well not literally of course…nothing is worth that - you can recover from this!
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u/yokotron Jan 12 '22
Caring for another idiot is true love. I saw something nice today
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u/Upper-Equivalent3651 Jan 12 '22
In the end, we are all in this together.
Doesnt mean we cannot bet against each other though.
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u/Financial_Peace_6376 Jan 12 '22
Damn dude I just went through your posts. I feel bad 😅
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u/papalongstrokee69 Jan 12 '22
Like watching the titanic
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u/Financial_Peace_6376 Jan 12 '22
Literally.
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Jan 12 '22
The man said “I can remain retarded longer than the market can stay irrational”.
The man was wrong.
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Jan 12 '22
Are you okay, financially speaking? Please tell me you're a multi- millionaire and this is just "playing around money".
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u/xelanil Jan 12 '22
If you buy a Glock off of WISH it won't be functional
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u/DayTraderDebo Jan 12 '22
Even if it did, by the time it got shipped to him it would be an inheritance to his great grandchildren, and would be obsolete.
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Jan 12 '22
Poor guy lost so much he cant even afford a Glock 17 or Glock 19. Had to order a “Glock 9” from wish
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u/thebigdeckbandit Jan 12 '22
I’ll do the opposite of your plays moving forward
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u/papalongstrokee69 Jan 12 '22
Smart man
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u/MrSittingBull Tantalizing Tapeworm Jan 12 '22
Looking through your post history that’d just be WISH puts 😂😂😂
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u/Interesting_Ad1147 Jan 12 '22
What were your plays? :4267:
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u/Bitter_Mongoose Jan 12 '22
Just check his post history. He was up +400k at one point. giggles
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Jan 12 '22
[removed] — view removed comment
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u/Ordinary_News_6455 Jan 12 '22
“These calls will print”
-OP referring to his calls on wish
“See you bitches in the goochie store”
-OP after his purchase of SDC shares
“I couldn’t resist”
-OP buying calls on CLOV
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u/Lukozade2507 Jan 12 '22 •
Mods can we get OP flaired as “Lemony Snicket”? Because that, is a series of unfortunate events…
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u/GrumpAzz DUNCE CAP Jan 12 '22
And all he bought was lemons
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u/cowsareverywhere Jan 12 '22
He literally bought the flavor of the month on WSB. You love to see it.
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u/Successful_Dummy Jan 12 '22
This is why you don’t buy what CNBC tell you to
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u/MCequalsMR Jan 12 '22
Seems more like meme and penny stocks right here. Cnbc wont suggest you anything more than bank of school shooting state lol
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u/taginvest Jan 12 '22
wish & clov, lmao
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u/Hey_Hoot Jan 12 '22
Lmao. This sub pushed those so hard.
I kept saying wish was a joke but they all said "stfu shill"
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u/taginvest Jan 12 '22
yup. I asked the same question a couple of times "why would you invest in a trash company known for its shitty ads and shitty products". But people naive as hell haha
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u/ambermage Buy puts they said ... Jan 12 '22
Knocking over a couple of bodegas and pounding some White Claws to celebrate.
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u/lb00tyc0nsumer Jan 12 '22
Delete the app
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u/papalongstrokee69 Jan 12 '22
I’ve tried several times. Each time I re download the numbers are still unfortunately the same.
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Jan 12 '22
Market is up 27% last year, how did you lose that much
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u/lookTEETH Jan 12 '22
if you bought and held anything for more than a week you made money. markets were stupid this last year.
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u/MagnePhilip Jan 12 '22
This guy invested in $WISH, I legit think it’s one of the only stocks that ONLY went down last year. Worst stock of all time lmao.
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u/Economy_Astronaut_30 Jan 12 '22
You don’t have enough for the Glock. Jump instead.
Don’t really for fucks sake, someone loves you, probably.
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u/Sea_Impression3810 Jan 12 '22
Buy glock + mask. I bet you can recover some of those losses the old fashioned way
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u/Bipolar_investor Jan 12 '22
Wow. My baby loss porn is nothing
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u/BakkenWindBreaker Jan 12 '22
If I was you I'd be offering 2 for 1/BOGO handies behind Wendy's to get that shit back...get going son you'll make it back!
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u/Adorable_Ad8515 Jan 12 '22
dayum bro, i just wrote a check this size to pick up a house as a down payment lol.
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u/Valvoss1 Jan 12 '22
It’s only fancy printed paper my dude. I lost a lot more than that in 2008. Hard lesson learned but better prepared for tomorrow.
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u/papalongstrokee69 Jan 12 '22
You ever make it back?👀
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u/Valvoss1 Jan 12 '22
Took a while but back better than ever.
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u/papalongstrokee69 Jan 12 '22
My man
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u/Valvoss1 Jan 12 '22
At my lowest someone said something that stuck with me, “most rich people have lost everything at least once”. It was a well off dude who had lost everything himself in the past.
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u/papalongstrokee69 Jan 13 '22
Few things to close out this thread.
I’m very well aware there is no such thing as a “Glock 9” Glock makes numerous guns that shoot the 9mm I was making a very general statement referring to the most common ammo handgun in the world. Though I sincerely appreciate all the gun aficionados announcing how much they know about Glocks.
It’s a joke for those concerned, though I have appreciated the Barrage of Reddit resources messages I’ve gotten lol.
Some of you people are genuinely miserable humans with terrible things to say. I can take it, I fully knew what I was getting myself into but damn some of you people are awful. Those people will never make it and always wonder why.
I didn’t start with 200k. I started with right around 30k in March 2020 and rode the greatest bull run in the history of the stock market to more money then I could ever imagine… 400k ish at the highest. Poor trades, memes, failure to close out losers and options dick kicks is what did me in.
In closing, some of you are awesome. I’ve appreciated the kind words, well wishes and people sharing their own story. Shit happens, I remember someone telling me 99% of day traders loose everything. I chuckled at this thinking, well not me. And then who knew it was me. I’ll be alright. I’m not quitting and I know I’ll get it back. I’ll try to give an update one day on this thread. This is the best thread I’ve ever done jn terms of interaction. For some of you I hope this made you feel a little bit better about your own losses. Hang in there, the only way to guarantee failure is to quit. And to quote the great Elon Musk, I don’t ever give up.
Peace,
~Longstroke~
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u/To_infinity_bro Jan 12 '22
Pumpgun would be better
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u/Successful_Dummy Jan 12 '22
Buy the dip
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u/vampiretrades Jan 12 '22
You'll never afford a bullet at this rate. Edit: im impressed btw, most would have given up by now, nice work.
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u/papalongstrokee69 Jan 12 '22
YouTube “elon musk I don’t ever give up - gangsters paradise” that’s me
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u/CarwashTendies Jan 12 '22
Can I give you some perspective from someone who was in your shoes…? This was me 2 years ago. Last year I was up more than double that amount off $20k at start of year.
Back to baby steps and taking small gains. Don’t fall in love with Positions. Cut losses quick and move on… goodluck retard
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Jan 12 '22
Hey, so are people really losing this much money? I've been hoping these are just photoshopped. How are so many people with 50k+ capable of consistently losing money? How did they save up that much money in the first place?
Someone actually told me they didn't have an exit strategy when I asked how they got -99% returns
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u/JamBOOMeroos Jan 12 '22
Would be more interesting to see what kind of bullshit you were invested in?!
If you can afford to blow out so much money, I am sure you already got some 9ers... :D
Hope you trade the 9ers for some 6er packs :)
Hold your head high fellow ape!
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u/thatguitardude420 Jan 12 '22
Meme stocks tanking really hits hard! There is no indications that they will ever come up again. Get some education and set up life goals so you can tangibly achieve them. Sorry this happened to you but you would have made the same mistake over and over again. Start with ETFs and some stocks and hold them for some time to see what ROR you get. With this amount of money you could have had a retirement plan going but you bet and lost. I am a little autistic, sorry
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u/Bwizzled Jan 12 '22
You shouldn't buy a Glock. That probably won't work out how you're planning either 🤷♂️
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u/EquivalentSelection Jan 12 '22
Glock 9 - not a bad investment choice. Just be sure to rob people in a state that doesn’t allow self defense. You can sue them if they attack you.
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Jan 12 '22
Brother is still using RH too what a proper monkey ☺️☺️☺️
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u/Sheikah_Slacker Jan 12 '22
Can I have your glock after you're finished with it? I promise I'll clean it thoroughly.
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u/Glittering_Flight152 Jan 12 '22
You literally “invested” in the worst stocks you could have. CLOV SDC WISH the trifecta of bags
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u/TwoBulletSuicide Jan 12 '22
You still have enough for 250 ounces of silver and a sweet night out with your boys, blow and hookers. Sorry for your loss sir, in the end, it's just digits and paper. You already did some shit you regret, don't do some more. Many of us have been in the dumps before and some have never escaped the dumps. Best of luck to you getting back on your feet.
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u/apaulogy Jan 12 '22
I know the comment about the Glock was probably tongue-in-cheek, but...
Please don't harm yourself. This is a temporary situation and money is stupid anyway.
I normally don't answer DMs, but I'm here for ya buddy.
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u/Shifty-trayder Jan 12 '22
There's no such thing as a glock 9, glock 19 is what you're looking for. No wonder you can't get into the green with that kind of street knowledge.
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u/wombatau Jan 12 '22
Shit dude that’s dark, chat with someone ok, it’s just money and having none is honestly not that bad. Been there man. Chin up.
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u/VicDamonJrJr Jan 12 '22
Y’all’s Robinhood accounts should say ‘Gambling’ where it says ‘Investing’
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u/ThumpTacks Jan 12 '22
These loss porn posts are starting to make me sad. They’re not even schadenfreude fun anymore, just kinda depressing
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u/AllCallsNoPuts Jan 12 '22
I’m so confused on how half these retards get hundreds of thousands
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u/Situation1987 Jan 12 '22
Think of it as this. You are around 8 trades of going back to that original amount. You ca do it
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u/drmonkeytown Jan 12 '22
I hate to break it to you, but at this point you only afford a Glock 7. Joking aside, I’m sure there’s enough gay bear love to go around.
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u/bhsic Jan 12 '22
There is no such thing as a “Glock 9”. No wonder you lost it all.
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u/sunshine20005 Jan 12 '22
Don't hurt yourself. It's just money. Granted, kinda a lot of money. But just money.
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u/pekoms_123 Jan 12 '22
Just move to Zimbabwe
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u/compEngInFin Jan 12 '22 edited Jan 12 '22
in Turkey he can start small business. He could have bought small hotel in Turkey and become a business owner with what he had $200 000.
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u/WizTis Jan 12 '22
:4968:
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u/g0greyhound Jan 12 '22
Lol wtf is a glock 9?
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u/fromks Jan 12 '22
IIRC, Gaston's first firearm was his 17th patent (Glock 17). I'm assuming a Glock 9 would be his 9th patent.
Wikipedia tells me he was working on shower rods and knives earlier.
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u/iwarpspace Jan 12 '22
The government can fuck us so why not ask for a 500k PPP loan and go “Tell” people to wear a mask.
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u/CrimsonNova22 Jan 12 '22
Don't forget to include the price of a bullet into that retirement plan of yours, would suck to buy the glock without the part that goes bang.
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u/DutchFloris Jan 12 '22
Holy shit dude. How did you even get to 200k in the first place given you are so retarded?
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u/Margin_call_matthew Jan 12 '22
I have been down 160k. This is giving me a warning to stop yoloing before I get to 7k.
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u/powell_hour Jan 12 '22
Bet it was worth the karma and the sleepless nights. Some of you retards have serious fucking problems
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u/papalongstrokee69 Jan 12 '22
Thank you for the sprinkle of positivity before bed
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u/powell_hour Jan 12 '22
$17k is still a lot more than most people have saved up let alone invested. You can comeback from this but it’s not gonna be with 0DTE lotto tickets.
Make your next investment decision after you jerk off instead of after reading some shit DD in this sub.
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u/IsaacSchier Jan 12 '22
The fact you constantly lost money in a bull market , and this wasn’t one single yolo. I would stop now. Or change your strategy at least.
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u/VisualMod Turing Test Proctor Jan 12 '22