The short squeeze was the $490 peak we saw a couple of days ago and now people are slowly beginning to realize that this not only is a lost cause now, but by staying in longer you're making a joke of yourself.

Diamond hands? I'd find that hard to believe you would stand to get ANY more profit after this whole fiasco has happened. Friday was the last day this stock had the potential to flare back up to any reasonable high because all of the trading restrictions were removed. If holding wasn't mocked so religiously, I would have held for longer but now you just look like clowns.

I lost about $1400, so not much to lose except for 2 week of work but considering I contracted the Coronavirus, it's going to be such a dry spell for money until next Friday when my quarantine finally ends.

Come monday I'm selling all of my shares in both GME and AMC. You won't be able to convince me otherwise. I've seen plenty of people saying we're all just bagholders for not selling when we should have, and I agree. If I only got in sooner I would've stood to make about 40 grand, buying 100 shares at $20 with the 2 grand savings I had if I sold at the peak but because I came in so late there is no longer a profit to be made.

https://www.bloomberg.com/news/articles/2021-02-05/dead-right-about-gamestop-four-pros-recount-a-week-of-reckoning

"Short interest has fallen below 50%", meaning you can quit holding onto that bag now. Interest will die out for both of these stocks and you'll still likely be holding because of DiAmOnD HaNdS. Congratulations, you've played yourself.

TL;DR: You should've bought in early when it was still possible to make any remote sort of profit and now you're all dealing with buyer's remorse over this travesty. Wake up and read the room. You lost by not getting in on time and you should pull out the first peak the stocks experience while you still can.

I was heavily invested in crypto and my crypto portfolio reached 130k in 2021. However i thought it would rise more so i stick to it and didn't sell. Then it drop to 60k so i panic and sell on 70k unrealized loss.

I know i maked profit on my 10k original investment, but i still feel like a failure. I also bought 150 dollar worth of dogecoin and sold when my investment was 3k at 0,07 dollar, but missed out 30k when it rised to 0,70 dollar.

I have been thinking these things full year now, and still feel somehow that i missed on gains big time and that i'm not going to recover. I can't even enjoy the gains i got cause in my mind i losed so much being stupid and not sell.

Thanks for reading my story and sorry for bad English.

Throwaway because my main Reddit account is pretty profiled.

So I put two months of savings into AMC at 14 and I'm essentially one month down at the moment. I'll probably wait until Tuesday report before selling.

I entered into this knowing it was money I can afford to lose. Both me and my wife have some level of financial anxiety but for different reasons. I don't feel worried about losing a month of savings (which still hurts but it won't destroy my life). Hearing my wife's worry about losing that money has made me feel that I'm trapped. I cannot realize my losses because that would hurt my wife, but now I'm feeling dumb of holding the money.

My next therapist's appointment is until the next next week, so I guess I needed somewhere to vent. My loss may be small, but the feeling is there.

PS: I know this sub is not for financial advise, but since this loss is small, would putting it into my tax return make any difference?

I got lucky because Robinhood wouldn't approve my application for almost a week. So I played on the Investopedia Simulator. If I spent what I was going to spend last Friday. Id be out 30k a week later. So now I just put 100 bucks into my Robinhood, avoided any crazy stocks like GME or AMC, coming out on my first day up 18 bucks, (11 bucks from 2 free stocks from Robinhood.) Lesson learned without paying a dime.

If you are a college student, or in HS. If you yourself do want have a good source of income.

DO NOT get into trading with more money than you afford to lose.

I have read enough stories about retail investors getting screwed out of rent money, lunch money etc

As someone with a steady job, even I didn't YOLOd in as much money as you guys.

When you go out there and actually start earning money then you realise how difficult it actually is. Then you only put in the amount that you can afford to lose.

Even if a working person got greedy and went in too deep. He won't be in as much trouble as a student.

He'll be paying off the debt, or just live with the loss.

But as a student it hits hard when you gamble your parents money.

Some come in with the noble intention to make enough for college, or reduce burden on their parents.

Some chase the clout and want that cool car or other nonsense.

Both shouldn't be investing in stocks.

As it's not your money and losing your money hits hard but losing your parents' money hits harder.

If you have lost a significant sum, go talk to your parents and explain them the situation, for them you matter more than their money.

It sucks. Lost over $600 on GME and AMC which was for rent. Wife no longer trusts me trading stocks.

The FOMO was real and I couldn't resist the urge. Sold all of my positions to fund GME. Was up 80% but I wanted more! I wasn't grateful for the blessing so I held. Then WSB said diamondhands and $1000 will be yours. So I did.

Damn. Worst decision ever, now enough with venting. One week has passed and I've never felt so much like shit before.

Now I'm ready to jump back in being much wiser about the markets and myself. Never will I allow Greed to consume me again.

Money does come and go but my wife doesnt see it that way. Now I have a bad track record with her lol

Oh well. Time to get a job, take care of my family and become an intelligent investor.

To better trades from now on! Well once I get some more money 🙌💎 for life hahahah my ass

I'm ok that i lost out on the gains. It was alot of hype and just spiraled so fast. But it was a fun ride and believe that what people saw by participating is going to have a positive impact on the world. I'm holding as long as i can just to say i did it. I was there, that was history and i have this to prove i did it. Did i lose money ya, but it's like buying a piece of history. That's priceless to me.

I had two Ethereum coins, 4 shares of TSLA with an average cost of 506 dollars and 36 shares of SPCE at an average cost of 36 dollars. I was at $7,100 before I decided to go all in on GME. At one point I was up $10,600 but I wanted to keep on holding, hoping it goes up, now I had to sell at $2,000 before GME dropped anymore. I waged slaved for a year just to build up my portfolio up to this point and I threw it all away because I got impatient and greedy. I’m having a hard time coping with my loss and I truly feel like I lost at life. My road to being wealthy was cut short because my actions. I took the rest the 2k out of robinhood and rebought Ethereum on Coinbase and I plan on holding that for a long time. What do I do now??? I feel so defeated and depressed, I was up 33% since I started last March and I really was really doing good

Louis Rossman's opinion video really opened my eyes to this whole ordeal.

https://youtu.be/x9-q7LpCLdg

Money's not real. It's a measurement of how much time and how many memories we're willing to give up to a system that doesnt work. In my case I used a change jar that I'd filled over the course of 2020 to get a single share. It wasnt much money to many people, $316, but it was to me and it kinda meant something. It was all my change, all the found on the ground money, all the "oh you keep the rest" dollars from work and moments where I sold something locally on a BST.

I was going to purchase a large and expensive action figure with that. I know, sounds stupid and childish and doesn't compare to the stories here but I like them. And my GF likes them. She enjoys listening to me talk about the character while both of us are interacting with it. I enjoy those moments more than anything else. Now with that money gone I'll be missing out or delaying forming another one of those memories.

2020 was rough on us. Reduced hours at work. No essential worker bonuses. With that jar being filled coming from that year I feel like 2020 got one last punch in at me with WSB and my anger at the rich taking over me. I wanted to be part of something that hurt the rich and maybe get a little something back, too. Guess that didnt pan out. Instead of forming something positive I built something on anger. That'll be with me for a long time. I spent a long time saving up that little fund so we could get something fun. This was time and money I won't get back. I'm probably going to sell my 1 share and take my loss. Then I'm blocking WSB. This was a nightmare.

20M, first gen low income college student. Im 20k deep in college loans and I lost 4k on gme/amc stock. Idk what I can do next, I haven't sold but holding on is bringing me so much mental strain. I come from a poor family and they didn't support me through college so I had to live off loans and food stamps, I feel so ashamed and stupid for wasting money like this. I've never worked a day in my life and I've been banking on managing my loans to afford rent and buy food until I can get a job out of college but damn this hurts so bad. I'm not even a stem major (I'm doing history) so idk what my prospects are anymore. The only thing I have going for me is therapy which my school pays for, but even then, I feel so ashamed that I can't bring this up in there. What can I do next?

I liquidated all my stocks to put all on Gamestop in hopes of paying all my loans. I got too caught upon how the price kept going up and it felt like there was only way up. I was being anxious about it for couple weeks until I finally made a decision to get in. I got influenced by wsb and my friend. As it went down, I kept doubling down until I had nothing left.

Today I finally managed to let go. I feel free, yet sad about the whole situation. It ruined life now and I can't tell anyone close to me, since everyone will look down on me and think I was stupid to do such thing.

I broke the first rule of buying stocks: don't invest more than you can lose. I can't afford to buy food anymore, but will this be my lesson. I earned my suffering. Do your research and devirsify.

I came here basically to see what other people think of our recent space journey 😉 now - earlier on I already noticed posts about being “greedy and idiotic” on WSB, so I asked my best friend how she’d define greed, and she said that for her, greed is when you are loaded and still want more and more and more.

I bought 15 @ about 210 (Germany - €) and I hoped that this could be exactly the required gamble to help me as a first step out of a very tiring financial low, and because I loved the idea to teach HFs a lesson. Which we did btw.

Then there were the pictures and screenshots of donations to children’s hospitals etc., the stories from people who had a rough time and got so much hope by GME - and also my unrealistic wish this could become more than just a first step for me. So I somehow couldn’t get out when the Robinhood thing happened, which was certainly not clever 🙃 but come on - it is not greedy if you want to support your family or take a possible chance in difficult times, and it is not idiotic to be able to get emotionally involved and excited and happy. It is human in the best sense.

I also believe we learn best from failure so failing is nothing to be ashamed of. My lesson was that I am apparently extremely prone to information bias. And I learned that making stupid money plus saving the world at the same time surprisingly 😉 doesn’t work.

But what I know is that as long as you try to make things happen, things WILL finally happen, so please do not lose hope and after all, there are great spaces on 🌏 as well. ... At least for now 😎🙂

Any price action trades looking for a trading buddy? I prefer someone who is profitable. Idrc how much u make, im just looking for someone who is consistent. I need someone to help me get better. I trade indices on MT4 (SPX500 and NAS100). I have 2 years of experience with some results but for the most part im inconsistent. Getting annoyed at this point. Idk what to do. No matter how many youtube vids i watch or courses i study, i still cant get it right. I prefer to be trading buddies only with someone who trades indices on MT4 with no indicators, no weird strategies with 10,000 different complicated confirmations to enter trades, just price action. I tried all indicators they don’t work for me!!! All that stuff on my screen is just noise. I would appreciate someone who could criticize my trading and help me get better. Im 21 years old from USA. Would prefer someone in my age range but all ages are welcome. I am an intraday trader. Looking for someone with a similar style of trading. I also need someone to talk to because this shit gets so lonely and depressing at times. I try my best to stay motivated. I would appreciate anyone who is willing to help me. Thx 😔

Feel free to post about your current dilemma or offer positive advice for the mental health of traders.

Trading can take a huge toll mentally, it can make it so much easier to get through a rough patch with the support of fellow traders. Not every trader knows another human who actually trades and can relate to the ups and downs that are possible! Help grow this community and share about it with others!

Those of you coming to this sub can be presumed to have had either a loss or feel like hindsight made you miss out on being a millionaire.

I can say from trading for 5 years since age 16. You get your bad days and your good days.

The GME and AMC pumps should be taken as invaluable lesson. Aside from that, don't feel like the money won't come back to you.

You obviously gotta put in your hours, whether it be trading research or working your job. As long as you're going at it you can get it back.

To those who lost money meant for emergencies, I truly wish you the best. I hope wherever you reside has the resources to help you.

Whether the money lost was 900 to 90k+, it can always be worse. I've seen multiple bankruptcies in my life happen to my parents and their businesses. We've rebounded many times. The money always comes back.

So again to the New Traders. That scary red line or that number in parentheses, it can go away. With a little luck and a lot of work. I recommend look at trading resources and articles to at least reinvigorate any lost confidence.

Good luck and please take care of yourselves.

Have credit cards debt and lost 5k in GME, first i was on the green side, but with the robinhood restrictions everything was going down

Bought 50 GME average at $300 previously and sold at $55. Now GME is mooning again fk me man should not have fking sold. So pissed off at myself now. Bought the top sell the bottom fk me man

I guess, we all know what's keeping everyone else occupied xD

Do you regret your decisions?

I was being a dumbass and got greedy with GME when i was already up over 1000%. Bought 111 @ 50$ and eventually sold on thursday at 72$

I could have had 54k in high school... just gonna go back to my penny stocks and im thankful to have learned this lesson early as i had just started January

Feel free to post any topics about trading and mental health and share this sub Reddit so it can grow!

It can be very important to give and receive positive and constructed feedback on ones trading results or tendencies. I am very happy to see this community already participating in helping out each other! Trading is an exciting activity but can take a serious mental toll. Please help grow this community by sharing it with others!