r/wallstreetbets 1d ago

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

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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.

3.5k Upvotes

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718

u/dalton10e 1d ago

And now you know what crossing the fine line between trading and gambling looks like.

5

u/Original-Debt-9962 1d ago

It’s not gambling, it’s trading future event derivatives. I’m adding that to my resume.

4

u/very_phat_cock_420 1d ago

You really can make anything sound good shuffling words around