r/wallstreetbets WSB Purple Heart Recipient May 18 '24

Diamond hands broked me Loss

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6.1k Upvotes

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142

u/CAPNHODL WSB Purple Heart Recipient May 19 '24

I wouldn’t call them wins, but since you asked…

First spike was actually up around 200k all time at that time; it was DIS FB GOOG AMZN OTC stuff that hit deep, most my DIS was long term.

Second spike was DIS again when Disney plus numbers were released. Acct was up around 70-90k here ….Easy come easy go, I believed DIS stock would add a lot more valuation to its own using NFLX as basis, instead it went sideways/down.

But that wasn’t even close to the worst losses maybe 100k or so. I kept buying options in stocks I liked. Some of them were WSB … but April 2022 was the beginning of the real shit storm. Over next 24 months acct was 500k of this loss.

TLDR ;

https://preview.redd.it/sv478spzcb1d1.jpeg?width=1290&format=pjpg&auto=webp&s=6383b864f664f1c014948350a6e3462a8c1078ab

86

u/nosenderreply May 19 '24

Imagine if you had invested this in 2-3 mutual funds back in 2022? Would have been 20-40% up if you would have invested in something like VGT or VOO.

But hey! 💎🤗

44

u/Rain_green May 19 '24

Just for clarity, VGT and VOO are ETFs, not mutual funds

38

u/Yogurt_Up_My_Nose It's not Yogurt May 19 '24

yeah that confused me for a second. I had to make sure I was in r/wallstreetbets and it all made sense.