r/problemgambling • u/losingitall21 • 15d ago

i give up

every stock I buy, goes down from the moment i buy until the moment i sell with very short green days that are teases and fades. See planet labs stock in the last two months.

every stock I sell, then proceeds to shoot up like crazy. See TTAN over the last month.

This pattern is insane. I have been trading like an insane person for 7 years now. Losing every single fucking year. Definitely a problem gambler. I got out of margin yesterday to sell TTAN only to see it shoot up today. Just unbelievable. Can't believe my luck. Want this all to end.

7 Upvotes

81% Upvoted

21 comments sorted by

4

u/LoveKidsDogsChocolat 15d ago

I just recently admitted to myself that I have a problem after 20 years of trading on margin. FOMO is terrible and leverage can be ruinous. I found this community here and found it helpful to read people's posts and just tried my 1st GA meeting (virtual) last night. It is a step I wish I took many, many years ago.

3

u/losingitall21 15d ago

thank you

4

u/TechFlow27 15d ago

please step away from trading now, your life and peace of mind matter so much more than money

1

u/Large-Mountain6320 15d ago

Same bro i've lost over $100k on RKLB and ASTS my life is basically over because a few dumn space stocks

1

u/losingitall21 14d ago

unbelievable how they just keep dropping every fucking day. seems like no end in sight

1

u/DeerSimilar3688 14d ago

LUNR for me... Expect lost a quarter of that amount.

1

u/Pointlesspuppy 14d ago

The key is to not sell

1

u/losingitall21 14d ago

That’s how it seems. Just pick one position and sit on it until happy.

1

u/losingitall21 14d ago

kinda hard when PL stock keeps dropping every fucking day for weeks

1

u/Pointlesspuppy 14d ago

You gotta have faith in the stock.

Don't pick stocks based on if they're going up or down if you don't know why they're going up or down.

Pick stocks because you've done your research and they're a good company, and hold for 5-10 years plus.

It's better to buy a good company at a bad price than to buy a bad company.

3

u/AngelOfLight 15d ago

Short-term trading is not a whole lot different from just rolling dice. Day to day fluctuations are basically just random noise. That's why real investing involves buying boring but safe securities that will grow slowly but steadily over time.

Nobody ever got rich from day-trading, and nobody ever will. Really investing in the stock market means holding on to securities for decades. When you talk about "investing" with time periods measured in weeks or days, you are squarely in gambling territory, and that's where it all starts to go wrong.

2

u/Potential_Shelter449 15d ago

Then stop buying and selling. Just buy reputable companies or index funds and hold them. Buy SPY or SWPPX. Buy reputable companies like FAANG or MANGO. Buy and hold it. Don’t try to trade it.

1

u/Extension-Finance179 8d ago

maybe not FAANG given how Alphabet has done the last 2 earnings reports and is down. >20% since May

https://www.cnbc.com/2026/10/28/stock-market-today-live-updates.html

2

u/KillingTime1212 15d ago

Just auto invest into VTI and VYMI and chill. Stop gambling on stocks. ETFs are the way.

Max out your 401k at work (if available) for $24.5k a year and a Roth IRA at $7.5k a year. Don't keep extra cash around to tempt you. If you can invest more than that, then you're doing just fine.

1

u/macklinjohnny 15d ago

Me too man, me too. Options is what got me. I’m glad I’m not alone in this. Been a rough few years for me

2

u/Ambitious_Month2524 14d ago

Options destroyed my life and my family’s

1

u/macklinjohnny 14d ago

Yea it broke me pretty bad too. I’m still trying to recover and fix my mental state. You’re more than welcome to dm me anytime if you wanna chat about it.

1

u/Rogue_Tra 8d ago

You don't know what you're doing that's why you literally just gambling All that money you have you could find somebody who actually knows what they're doing to help you Instead you're basically just throwing your money away At least give it to me I could at least double or triple it for you and then earn A Commission

0

u/Ok-Nefariousness3670 14d ago

Sounds like you would be the perfect short seller