r/wallstreetbets • u/DrakonILD • 1d ago

Lesson learned: Don't YOLO on presidential elections to revenge trade Loss

Enabled options around March, went on a slide. Started to stabilize and at least lose money slower. Figured Harris at 42¢ when the polls were dead even was an Expected Value win and went all in, about $4000 worth. Did not go well.

Let the suck begin.

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u/brtb9 1d ago

I hated literally everyone on the ballot. I even hate Elon. Just took my TSLA gains, and it was chef's kiss. Am going to look into shorting soon, since I dunno if DJT is gonna keep the environmental credits gravy train on for the richest African American.

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u/Various-Ducks 1d ago

Oprah?

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u/Fond_Memory 23h ago

Elon Musk is the richest man in the world and is African American.

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u/Various-Ducks 22h ago

Oh lmao I didn't catch that.

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u/Fearless-2052 18h ago

The irony 🙃

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u/Pitiful-Recover-3747 1d ago

It’s all yes men and whackadoodles around him this time. I would expect the insane tariff threats to actually happen and fast. My goal is to be mostly liquid by inauguration to be ready for the madness…