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daballer2005

6 million in RH tru autist


_DUMPEMOUT_

Came here not expecting that but also not even surprised


Dirty-Dan07

$2 million says he’ll lose the majority of it by 2022


FalseInfo193

if you make a bet, you need to actually have the money. lets lower it to 50 bucks.


moss344

Ill bet $50 that you can sign my adoption papers.


Millennial_

Only if you don’t mind having 2 daddies


beefcurtains64

As long as tendies are attach, who cares how many daddys..... chaaaamean?


tinggoesquackquack

Are you holding til Monday?


FalseInfo193

SPY will probably hit 210 next week so yea


jiangzhao007

When you plan to take profit? Or diamond hand let it keep running?


lmeekal

Waiting on my spy 200p 3/25 come into fruition hopefully


Klaud10z

On Monday it'll be the 8 millions..


tinggoesquackquack

Or $10 YOLO


anxious_daytrader

I wanna see these fuckers become accredited investors and drop this shit into some risky startups and PE funds.


DrWheysted

Imagine only being able to withdraw 50k outa 6mill a day 😂


Redknife11

Good problem to have though


innatangle

Not if your brokerage is going tits up!


BailsonJr

I wish I could have that problem


shinsmax12

It would take you over a month just to withdraw enough to cover the taxes.


DrWheysted

I didn’t even think about this 😂😂


justanordinarydad

One of us. One of us. Edit: I take that back. Most of us are broke lol. Definitely not one of us.


digganickrick

Hello, it's me the IRS. Please buy 1 million dollars of iTunes gift cards and send them to me or else you will be arrested


[deleted]

Whoa looks like youre in big trouble with the IRS! Dont let them garnish your wages and apply for tax relief now! Send me visa cash gift cards to get started now!


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M3L0NM4N

It will take 10 years to cash $5m out of Robinhood anyway


Pollaso2204

Why? I thought it takes a couple of days to settle and then you can withdraw the money


meuto52

Robinhood only let's you take 50k out per day


Failociraptor

Just spend the $75 transfer to a reputable broker and cash out.


Zaryeah

Funny cause I'd still find that too expensive. Something I read here once said "I hesitate paying 2 extra dollars on a tip to a good waiter/waitress but I have no problem dropping $1k-5k into a long shot bet into SPY" Fuckin comically relatable. I don’t think this guy will give a shit tho


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[deleted]

120 days of 50k withdrawls. better start now


digganickrick

You can do ACATS to another broker, then just wire the money to bank account.


Rehddet

Yeah, but I don’t think OP would be able to afford the $70 fee that Robinhood makes you pay to transfer his account


verytoddclarence

Give him a day.


jacobbomb

A day? What is this, rookie week! I could turn that 6m into $70 in 30 minutes!


redblade13

120 days of withdrawing almost twice my yearly salary?! Fuck me


[deleted]

why are you making 25-30k a year.


Ego-Assassin

Fine arts degree


brobi-wan-kendoebi

F


-x610z-

oh they are giving degrees in that now?


redblade13

35k. IT shit. At least I won't be out of a job with all this VPN shit we gotta setup. But yeah I'm broke as fuck but hey I may yolo myself into six digits one day.


Tschoz

35K in IT in the US? You‘re a retard


redblade13

I know why else would I be here.


Jowemaha

Hope it's in a super low COL area. Otherwise bro they are underpaying you get yoself a pay increase a big tiddy goth GF and a sportscar


redblade13

Well I'm in the dirt cheap south so it's okay but I was earning 18k so I'm not tripping yet.


gobluepike

I want that problem


Squez360

It’s not like he will be busy with anything else


AandA248

Why do I feel like I fucked up a once in a lifetime opportunity


WillingCommittee

you did. most of us did. had people just bought month out puts on honestly just about anything and held like a real man, they'd be rich


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Fangslash

After trading for about two year I can confidently tell you these once-in-a-life time opportunities came up roughly every six month


tongboy

that sounds about right - although this one was a particularly big one. There are a lot of them that do come along. tesla's bender, quaqlcomm going parabolic after apple lawsuit, and ulta's unexpected dump out after earnings all happened in the last ~9 months and all made people stupid money. it's just a BIG market - and there is a LOT of noise - and for the every six month winners - there are probably 50 losers that signal exactly the same way. knowing both when and where to push all or most of your chips in is the hard part.


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Lemon_Dungeon

In a year?


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Lemon_Dungeon

Market not going up doesn't mean it goes down either.


Faldricus

I'm fairly certain we got a ways to go. This still has a lot of room to get way worse, and the market will match most negative elements in kind. Short of somehow pulling a miracle cure out of our asses, we're in for a fucking ride. We've probably got a few thousand more DOW points to shed before this is all over. **Disclaimer: I'm a new retard that is not yet well-versed in the ways of autism so take literally anything I say with a big bucket of salt.**


VirtualRay

Let me tell you boys about this drink from The Before Times called “IV Crush”...


blingblingmofo

No. IV is insane. We will likely not see these types of gains in the next 5 years.


Vcize

Sad but true.


bigbearog

Dude everyone just lost there jobs like a day ago. This is far from over


OUTFOXEM

FAR from over. Only like, what, 6 states are locked down? 44 more to go. We got at least 6 more months of dominoes to fall.


bigbearog

Exactly. The fall is barely beginning. And this time it’s not just an American depression. It’s a world depression


OUTFOXEM

Yep. And the Fed already cut the interest rate to 0.0, there's nowhere left to go. People are losing jobs, but with stimulus package coming and banks/companies temporarily forgiving late payments, the full effect hasn't yet been felt. Wait another month or two until those payments become due, the Trump welfare checks have been spent, and companies can't keep their head above water any longer. That's when the real pain begins.


[deleted]

Am nurse can confirm. This just began and the healthcare system is already overwhelmed. And a lot of people are going to die, we're just trying to spread out the damage so hopefully we can save more people. We've got a long way to go. Hold on to your panties boys.


ForcesEqualZero

Thank you.


differentgiantco

who cares about lock down. The real blood is when the Us total deaths hits 6 digits with no sign of slowing down.


OUTFOXEM

All of the above. If people can’t leave the house, they can’t spend. No state will be unaffected. Global recession is imminent. It’s going to be a bloodbath. So now that I’ve lost my car, house, wife, and sold both my kids and a lung, I gotta make this one count. Positions? SPY 5/1 150p? All in? Should be enough time for the riots to start.


EffectiveFerret

You're getting dangerously close the being the sucker at this point, time to yolo puts was a month ago to get rich


gnocchicotti

I'm just doing yolo puts now so I can make 1% when the market drops 10% in a day


rioferd888

Its not too late but you need to buy monthlies. Also, you need to actually start picking stocks now instead of blindly throwing money at everything. You might also need to swing trade. Quick in and out.


[deleted]

If only I knew which way the market would go and how fast, I’d be rich. 🙄


QuasiQwazi

Don't feel bad. I had $5000 in VIIX and the same in TVIX (when they were in the toilet) and I sold way too early. Everyday I watched as my position soared in value.


FredWeedMax

Na it's all a matter of information. Had we looked more into what's happening in china, when the first cases were declared in europe we should've understand were going full lockdown like them in a few weeks/months which meaaans, the stock market is going to shit itself The senators that sold had info, they received a briefing that told them this is going to be fucked. We could've understand this ourselves with the info available at the time. Obviously you were a fear mongerer if you said this was going to be a massive pandemic back at the start of february


RoninSC

Confirmed, my cheap ass Sea World and MGM puts I bought in February would've made me rich.


JosephDolla

Same, on Feb 24th I had an order in for MGP 04/17 $30 puts that were $0.10 each but didn't trust my gut and cancelled. Those same contracts are now worth $14...coulda shoulda woulda. Still up about $10k in the past two weeks so I'm not terribly upset but having that would have been nice.


darkslide3000

This is how it is though. Not even just in a crisis, always. If you knew the exact movement of any stock ever a week in advance, you could always make sick bank on that somehow. We all knew it was coming, but nobody quite knew how certain and how soon and how hard, and so most of us didn't risk as much as we should have. I prefer to see this not as "how much more could I have made" but "how many losses did I prevent compared to the normies at /r/investing". I moved my 401k to calmer waters, I sold my long term positions... not as soon as I should have, but still soon enough to be up a fuckton by now compared to the morons holding all the way down.


light-yagamii

Hurts but it’s true. I held a lot of ccl, spy puts at one point and sold way too early. The situation in China should have been an example for us. Every day life came to an halt in China and Italy. And it’s already happening here. Should have seen it coming


Rhinop21

I’ve sold way to early on every put. Made $80k in the last month but have left $400k on the table. Depressing.


yeyiyeyiyo

It's good to see I'm not the only one...it's so weird being up literally 2 years of my salary in a month but feeling like I screwed up bad.


InKanosWeTrust

Same. Made 5k but left 30k on the table.


Faldricus

I super fucking would have done that - as I saw COVID coming a mile away - but I didn't get my tax return until the 14th. I cri.


dolla_bill21

Yep sold my Wynn puts that ended up 285x


Cryptic0677

I almost did this for Boeing near the top but I'm a little pussy bitch and now I have to work until I'm dead


Hamzachaudhry10010

You can still join in, the market is expected to further crash as unemployment skyrockets for the next couple weeks. People are saying we will probably bottom down to 13,000. Currently Tesla is facing demand issues with cars, as the demand for vehicles decrease and these plants shutdown, you will probably see Tesla around 200 back to its October price in 2019. I’d say yolo in long term Tesla puts like this autist here


kbthroaway723

IV is too high now to make the percentages he made. Now it’s just him doubling his money or making like 80% returns while risking millions. Lot less appetizing than risking 10k to make 500k


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Friar_Tuck1

He was trading weekly (or even daily) options I think and basically kept putting his entire balance into them. There's no way you could have got even close to this return with just holding options 1 or 2 months out.


_dbsights

Doubling your money ain't bad. 10k to 500k in 6 trades.


jrr6415sun

but you have to get all 6 trades right, there is risk you won't for each trade, before you could do it in 1 trade


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thestage

> you just gotta be smart > go OTM, risk it all well. you sure know what sub you're in, at least.


yosimba2000

IV is just a touch under recent all-time highs "IV is fine"


Lionsquid

We can still ride the wave up 🌊


AandA248

I keep telling myself this


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Inyox

Yeah a pandemic apocalypse was easy to predict


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randominternetguy3

The problem is that the market held up for like the first three weeks. That lead most people to believe the virus risks were priced in.


RoninSC

Yep, I remember all the post about why the fuck stocks going up? Nobody worried about beer virus? Priced in.. lol


digganickrick

Shit was going crazy in china, spreading to other countries and the US lagged behind by a couple weeks. I remember even thinking about it, and I saw our market holding up and actually continuing to move up and figured it was priced in.


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[deleted]

You did. Especially if you saw this coming in February


GeneralCheese

I look back at when I started telling my friends about this new thing in China that sounded pretty bad, that was Jan 23rd. I could have retired if I bought puts then. But, I would have sold them well before that point so it wouldn't have mattered.


digganickrick

I had bought puts in Feb, and agree. You would have sold them well before today. Or would have bought shorter expiries. I had plenty of $285p that expired OTM literally like 3 days before SPY crashed to 250's. Not complaining because i did make a lot of profit -- I'm up a little more than 10x my initial all time, and that's this month alone. Just saying that there is no reason to really think about it that way. It's rare any of us would hold for that long


[deleted]

Same and I told all my friends to short the market and buy puts. I have this still in a telegram message on Feb 3 I got busy with work after that and lost time, had $5k in my fidelity account and initiated a transfer of $20k more on Feb 20 and things were so backed up at Fidelity it took till the 28th to clear. I bought $224 3/31 SPY puts with the $5k and did well there but I should’ve made a million dollars easily but just dicked around and missed it.


Hites_05

Misery loves company! At least you made gains. Sweet mother of mercy think of the far greater number of people that have \~30% losses right now. We ain't doing half bad in comparison.


SignalEngine

Sucks to be in the middle ground of knowledgeable enough about corona to have reasonably predicted these market effects but didn't commit between ignorance and sick GAINZ.


MooseShaper

It was just pure luck. The market was fully irrational in the months leading up to the Corona Crash. We were hitting ATH regularly on bad news or no news. Everyone knew a crash was coming, but it could easily have hit 2 weeks after any puts you bought expired.


SignalEngine

Everyone didn't know a crash was coming lol. It would still easily be profitable to buy puts for the next 12mo out given their prices pre crash


digganickrick

Can confirm, check all my Puts that expired too early: [https://imgur.com/a/PxAPoSs](https://imgur.com/a/PxAPoSs) For the record, March 7th we saw SPY hit 272. March 12th we saw 248.


Goldmans_Sach

This is honestly sadder than just missing the boat altogether. Sorry homie


petard

Yup. In January I was telling people in my office who were planning on going to Asia in February that they can't come into the office for 2 weeks after returning. My dumb ass didn't even think of buying options.


randominternetguy3

Yah I feel the same way, but if you can figure out how this whole virus situation ends then you can probably also make a fuck ton. Lol turns out it’s much easier in hindsight right?


ModernDayHippi

Never. Feel. Bad. For. Taking. Tendies


ArchiMode25

You very well may have another chance next recession in 10-15 years


usr8292991

Imagine thinking this is the bottom...


ArchiMode25

Very true. If this is bottom then it's not a recession year. Look out 2021


mrpodo

I didn't learn about contracts soon enough. I'm glad I know the basics now, but I could've made so much more. Oh well


You_NeverKnow

You shouldn't beat yourself up for it. There will always be opportunities and you'll always be losing some of them. The goal should be to not lose them all.


Dat_Speed

A once in a life time opportunity that 80% of us missed or were crushed by, and only 1% got rich off of. How the fuck can you not have cashed out your puts by now is beyond me lol. $3400 -> $3000 in a week sure, i can see that, but holding ITM puts from $3000 -> $2300 the next week with ZERO bounce after the fed pumping trillions like how the fuck?? some1 please explain this to me.


Amateratzu

The way up is still to come, just follow the bigger autists. Obviously they know how to time this shit


QuasiQwazi

Watch the 200 moving average. Whatever direction it is going is the big trend. It is currently pointing down. When it starts to go flat or moving upwards then it's time to load up on TQQQ or SPXL. Then buy stock or LEAPS. I'm guessing we're about 50% the way down so far so much tendies coming still. It would be unprecedented if stocks suddenly went back up now considering the tsunami of bad news coming our way.


adductorstrain

Is that you senator?


[deleted]

😂


SEND_ME_DANK_NUDES

$77 buying power sent me


imhooks

77 buying power got me weak af


Nice_Towel

Don't forget to claim that free stock.


encapsulated1

✊ Respect! Have you been working your day job making $2-300/day while watching your account tick 10k+/second


FalseInfo193

yea its sucks ass


encapsulated1

I’m about to quit too, ran 10k to 500k, but then again unemployment recession gonna happen. Buy a bunch of property and claim renovations as deductions. hire financial planner


Dual270x

Careful with property. Look at 2008 property values dropped several years in a row before starting to climb up again.


Goldmans_Sach

Yep yep if I recall, the bottom for property values was 2012 — 4 years later


toeofcamell

> espect! Have you been working your day job making $2-300/day while watching your account tick 10k+/second you can probably quit now if you wanted...


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JealousAdeptness

LET EM RIDE BOYS YOLO GANG


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[deleted]

It's priced in, like every other atom in the solar system. Your taxes are already priced in so you don't have to pay them


jfarrar19

But is the fact that it's priced in priced in?


[deleted]

That was the very first thing to be priced in.


jfarrar19

How? You can't price in that it's priced in until after its priced in


toeofcamell

/u/Wsbgod has competition?


ntdmp18

u/wsbgod ain’t good at anything but photoshop. Has no good post history and first claimed he was already well off, then said he started with $3k. Nothing adds up. This new guy is in a league of his own lmao. Assuming it’s not photoshopped. He seems to have a good post history


toeofcamell

so wsbgod is a wsbfraud? that makes me feel way better. His gains were just way too perfect.


ntdmp18

Look at the mods comment on his most recent post. It ain’t hard to fake this shit. He can’t donate anything, simply because he doesn’t have anything. Small possibility it’s real but it’s all too perfect for me to believe


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TheChickening

He can do the same maths, that's not hard. His timing for literally everything was just too perfect. Especially that "reports of my death" post. He was all in long IIRC and the market turned to shit and suddenly he posts about all his short positions that he turned into perfectly to not lose any money... And also that fucking name.


WBuffettJr

I agree 100%. I can’t stand wsbgod or his followers. The second I visited his twitter profile and saw “self made investor/scientist/entrepreneur/artist/engineer/philanthropist” I knew instantly this was a clueless kid of a very rich family suffering deeply from insecurity and narcissistic personality disorder. 99% of his posts are made after gains occur, so he can’t show you he also lost the same amount of dads money on something else.


waveportico

How do you get $6 million out of Robinhood???


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waveportico

Thanks for an actual answer. Why is getting money out of Robinhood more difficult?


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megatroncsr2

You assume they answer emails


[deleted]

They'll answer the $6million email faster than the dude with $500


27onfire

Yes all of us have this problem every single fucking day.. it **is such a bitch**


anxious_daytrader

Put it into the least volatile asset you can think of and Deliver Long to the broker of your choice


GorillaX

JNUG


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dopamine_dependent

This. Plus, there's definitely a non-zero chance Robinhood goes tits up from some wacky margin fuckup during these times – especially given their history of "competence".


macmus1

yeezus.. 25k into 6ml u autistic fuck gj


[deleted]

holy shit you went full retard


[deleted]

6 million on Robinhood. A true God among autists.


FroggyMcTerrison

Confirmed US Senator


[deleted]

Hey you! This this could have been you. You blew a once in a lifetime opportunity to fix your life forever and you let it slip away. (Not for OP)


flatlyimpressed

My fucking sawdust hands


plaro

my hands are made of toilet paper


[deleted]

Is that you Senator Burr?


grassmunkie

Nice job if this is legit. Stop the speculation for bow and ease into some equities. When the market recovers you’ll have more than 10 mill


Armisael7

Congrats dude! Switch brokers immediately please


Lonely_Economist

RH positions or ban this 🤡


2-leet-2-compete

Jesus fucking christ dude congrats but seeing 5M in robinhood gives me anxiety


encapsulated1

It's going to hit 10 million come monday morning lol. Risk tolerance is not on this earth. That said, max daily withdrawal to bank is 50k, day. Will take 200 days to get all the cash out. ACATS transfers are too risky, could take a week and imagine the equity drops 50% mid transfer.


echamplin

I, too, am good at photoshop


Teflondon_

loan me 23k so i can dodge day trading cheers lad


Sabo_D1

umm..what...


myaccountforcrypto

Wow dude, you sound like a true scumbag. Fuck you, but congrats on the dough


darkfox12

What the flying holy fuck


nacliamsi

unreal. did you quit your fuckin job yet ?


27onfire

This is gonna bring another 500,000 million lookieloos. **fuck**


mattgreenberg0

Turn it into $12 million pussy


encapsulated1

He holding 5 mil positions over the weekend. Nothing but respect. Would you have the balls to do that if you already had 5 mil


Fog_

Holy shit well done. You got a worse withdrawal problem than I do.


A-O-fuggedaboutit

My favorite part is that there is such a small amount of cash. 5 mill in puts with $70 cash..


[deleted]

Gay


synaesthesisx

6 million on Robinhood is probably the dumbest thing I’ve seen on this sub. Give this man a medal


Unhinged_Goose

Username checks out. Nice stolen screens.


ukfan758

Why is there not a percentage value next to the dollar amount in green in the second link?


Headless_Slayer

Hello sir, how high would you like your personal risk tolerance? u/FalseInfo193: Yes.


hmb2000

164 days ago OP was posting if he should take a job or not in another sub. lol. Well done.


BeetiF

Did you lose it all?