Well, i'm absolutely fucked. First by crypto and then by options. I'm done with everything

>OP

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so you shorted the bottom and now you're gonna long the top?

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haha

Maybe dont buy zero-day naked options, there are other strategies

if you can learn a lesson out of this then the climb back will be easier. I gambled from 500 -> 22k, and now just got back to the ATH, now I trade options not prior to doing TA first and buy far in expiration dates.

Oh no no no

Mods and janitors do nothing about trannie and ass posting threads, and "look at my options gains" threads. And yet they'll delete friendly antisemitic, vaccine hating, corona-conspiracy threads.

Damn I thought my 500 dollar losses were bad today.

Big oof

How did you lose 500 today? Both btc and stocks were up.

Most retarded way possible. I ordered 4,200 shares of TRNX last night and the order stalled this morning. I woke up late, cancelled the order and bought immediately when it was at .42 cents and going up and now it’s down to .35. If it had auto ordered at market open I’d be up about 300

>TRNX
Holy shit that stock is literally worse than chainlink. Why did you even touch that garbage

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#1 rule of gambling: The house always wins

Tried to make a quick buck and would have too if I wasn’t a lazy nigger who snoozed my alarm. Obviously I wasn’t going long

imagine shorting a centrally planned economy

Try to stole your money and put in your bed, repeat to get more and more. You need drugs to do it, but works. :)

Invest in creating value through producing goods and services.

If you buy an option, it's not naked. If so sell an option without having the cash for a put or the stocks for a call, then it's naked. I'm not someone who thinks trading is a waste of time, but you have to view it as either a job or a source of income. Like with anything else you may/may not have the capability, time, and money to do it justice (for a given approach), in which case you should avoid it.

>Falls for a huge scam
>Moves on to an even bigger scam
Jesus Christ m8.

damn dude you have 900 dollars, nice

You should only buy options on specific companies. Buying ETFs like SPY is way riskier because you're basically betting on the whole economy going in a particular direction.

>short term investing
You deserve what you get. If you aren't investing for 5 years+ you're better off playing blackjack.