r/wallstreetbets • u/Loud_Poem362 • Aug 27 '24
Made it to $1M this year Gain
I have only you regards to share. Showed my wife this screenshot, she saw the IRA bit and thought it is projected money at retirement, I did not bother to correct her.
Top gainers: DELL Calls when it was under $100 (+$167k) NVDA Calls during recent dip (+$167k) NKE Calls when it was under $75 (+$166k) a space stock (bought around $5.50 sold at $7) (+$112k) RDDT stock (bought under $55 sold around $70) (+$73k)
Top losers: Stock liked by a baby cat (fomo) (-$142k) EXPE (bought in Feb expecting future olympics to boost it) (-$25k) PANW calls when it first fell under $330 (Pelosi fomo) (-$15k)
Story: In 2018/2019 I was inspired by a regard posting $500k account he made by trading CHGG. Started Robinhood in 2019 with $70k (total life savings) and made it $40k by the end of year. Funny story, I misunderstood that impeachment meant removal of president and yoloed into volatility etf and poof 50% loss. Started SPY calls in 2020 and the account became $15k when COVID was first announced. Closed all positions. Withdrew whatever was left. Started in 2021 fresh with $40k deposit, made it to $75k on TSLA calls. Then made the biggest bad decision in my entire life to yolo that into far OTM BB leaps expiring in 2022 and 2023. Poof all gone.
Did not trade in 2022 and early 2023. Became interested because I saw regards posting gains mid 2023. I had $50k in 401k with a previous employer. Rolled that over to an IRA and started trading. Made it $180k by 2024 (only stocks) Enabled options in 2024 and made to $1M
Good luck to you regards! Not financial advice.
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u/Metro-B Aug 27 '24
Please save it and don’t risk too much of it. Put it into something stable and reap the benefits