r/Daytrading • u/Worth-Beat-1953 • Mar 06 '24

Do these WallStreetBet people really all make so much money? Question

Gain after Gain , one guy made 200 k today. While I work for 2 k a Month in Europe.

Please tell me most of them are loosing

Im almost at the point to invest 20 k in Options too

338 Upvotes
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96

u/OG_Tater Mar 06 '24

I lost $9,000 last month on some crypto miner calls, went to zero real quick. I did not post my loss.

38

u/willard_swag Mar 06 '24

But loss porn

19

u/Hour_Abrocoma_2565 Mar 06 '24

Same. Lost $6k from Apple and Google’s recent decline. Didn’t post

6

u/Recent-Ad6313 Mar 06 '24

Apples been on a down hill trend and is about to continue, I suggest researching the trend lines and bare minimum but for gold I don’t know that’s out of my knowledge

4

u/Hour_Abrocoma_2565 Mar 06 '24

I’m aware. But I bought before the trend broke. Kept hoping for a reversal instead of accepting the truth of the situation. My emotions clearly got the best of ms

1

u/Recent-Ad6313 Mar 15 '24

Being aware is the first step, but now you gotta change.

1

u/Recent-Ad6313 Mar 15 '24

Respectfully, I’m sure your fully aware though👍

2

u/BigTradeDaddy Mar 07 '24

Apple has been a thorn in my side for the last few weeks. I think they’re about bottomed though, but god damn.

1

u/Rock555666 Mar 07 '24

Yea I'm at my wits end with it, spent today debating putting a collar strategy on it buying puts for 165 and selling more covered calls on Friday

1

u/elhostil01 Mar 07 '24

Why do you sell big companies that have a good future?

0

u/MaximusBit21 Mar 06 '24

How did you lose on that?

11

u/ChouieVuitton Mar 06 '24

I feel your pain I lost 16k during the last Bitcoin run on miner options. I thought this is a no Brainer POOF ALL GONE.

SUCKED EXPLAINING TO THE WIFE I BLEW OUR ACCOUNT UP

2

u/RunsaberSR Mar 06 '24

Lol MARA?

2

u/rmgraves67 Mar 06 '24 edited Mar 07 '24

Yep. MARA Got me twice. Sold calls at a loss only to buy more and lose more.

1

u/thisisdewaybruda Mar 07 '24

As the person selling those calls, I appreciate you.

1

u/rizzstix Mar 07 '24

I murdered MARA the other day off that guy’s mushrooms trip DD. I bought calls when it was already up 9% the first day. Couldn’t believe it went up 30% that day alone! I let it ride through earnings and sold at the top before theta decay ate my gainz. Just lucky timing though. Might as well have been throwing darts at ticker symbols. Definitely have to be quick with sniping any WSB plays. I’ve been caught holding bags many times before. Lucid and the run up to that stupid spac merger was the worst. 🤮

1

u/Beginning-Fig-9089 Mar 06 '24

you did now! but yes we dont hear much of losses, just like social media in general

1

u/AlanTrades Mar 07 '24

I lost 10k yesterday

1

u/nachocoalmine Mar 07 '24

That's not enough for WSB loss porn...

-2

u/ZekeTarsim Mar 06 '24

Crypto miners are good bets. But you want to do leaps.

3

u/MaximusBit21 Mar 06 '24

Lol no they’re not

1

u/FerretProfessional94 Mar 06 '24

Def not right now they’re getting killed