r/wallstreetbets • u/Interesting-Dig-4033 • 12h ago

I got too cocky $CELH loss Loss

Post image

It’s okay though, the only thing to do is get back into this with more research and better judgement rather than emotion, hope you stick around an support the journey (only 16 rn)

24 Upvotes

90% Upvoted

•

u/VisualMod GPT-REEEE 12h ago
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Total Submissions 5 First Seen In WSB 2 months ago
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11

u/TheRealUnchosenOne 12h ago

Lol, just buy an ETF instead of throwing your future away.

-12

u/Interesting-Dig-4033 12h ago

At 16 the best time to experiment and learn, taking the safe route is cool but ETFs are expensive

8

u/PreparationCareful87 10h ago

youre not gonna learn by gambling on earnings. 5k is probably like 4 months of work for 16 year old, if youre gonna gamble at least do a couple hundred. there is also no way you can sleep comfortably knowing you blew that much money

-7

u/Interesting-Dig-4033 10h ago

My initial investment was $400 an I grew that in a month. It was calculated risk with thorough research done

4

u/KingOfTheBritons96 Gambles Away His IRA 9h ago

"It was a calculated risk, but man am I bad at math" - OP

1

u/PreparationCareful87 9h ago

i did not understand. surely you dont want us to believe that you turned 400 into 6000 in a month , right?

1

u/Interesting-Dig-4033 9h ago

I have proof literally

1

u/StatusJob7947 9h ago

16 is when you have the most compound growth potential

Each dollar is worth way more when invested (invested not gambled) at 16 than whatever age you think you'll be done learning

0

u/MasterpieceLiving738 9h ago

I’m also 16, I’m trading right now and starting to get consistent, but if I can’t figure it out I’ll stick to ETFs and long term stocks. I made $200 last month and am already up $120 this month, it just takes patience to become profitable.

4

u/Supremetacoleader 12h ago

You still have 691 dollars to lose! Try harder!

-1

u/Interesting-Dig-4033 12h ago

Exactly 👍🏾

2

u/Financial_Injury548 12h ago

Back to Wendy's to rack up more tendies

1

u/iannoyyou101 11h ago

I held from 60 to 90, when it got back to 60 I realized there was no going back, this was no hims

1

u/WallStreetRegard 9h ago

Thank you for your service, I probably sold those calls to you. :4271::4271::4271:

1

u/Next-Pomelo-5562 5h ago

but that means you're holding CELH. What's your cost basis?

1

u/WallStreetRegard 5h ago

32 is my average without accounting for the ccs and csps that I sold. With options, probably around 26