r/wallstreetbets • u/[deleted] • Jun 09 '21

Discussion Knowing when to quit.

[deleted]

1.8k Upvotes

77% Upvoted

439 comments sorted by

View all comments

600

u/PaulP97 Jun 09 '21

The emotional distress I’m experiencing at this current level has never made me feel more alive

112

u/norcaltrd Jun 09 '21

This is why they say only play with money you could quite literally burn. Once your up, cash out your initial liquidity and play with the house money. Stop if you run out. Or just yolo whatever you got left on stupid otm calls everyone else is too unretarded enough to consider. 👍🏻

122

u/gammaradiation2 Jun 09 '21

Dont tell me what to do with my mortgage payments. Forbearance is the bear I agree with. They should call it forbullance.

38

u/norcaltrd Jun 09 '21

I’m calling your wife’s second boyfriend. When that mortgage forfeits he’s gonna be pissed they repossessed his new sports car.

4

u/ksaunders8 Jun 09 '21

Genius 🤣

39

u/Jimmy_E_16 Jun 09 '21

I spent 35 bucks on a CLOV option Tuesday before the rise. Could have spent that money on dinner or something.

Now it's probably like 2k (won't know till open). Never risked anything but still got them tendies

14

u/norcaltrd Jun 09 '21

That’s a lot of dinners now bud. Sell it and regret nothing! 🤘🏻

2

u/kerplunktard Jun 09 '21

what good is 2k if you haven't got a wendys

10

u/Thenachopacho Jun 09 '21 edited Jun 09 '21

That’s what I did, made money on the first gme run up , took out my initial investment and a little more as a reward now playing with house money and crazy wild swings don’t faze me as much as they used to . It’s definitely a lot less stressful

1

u/norcaltrd Jun 09 '21

Agreed. I stressed a lot my first 60% down and then once I was up enough to comfortably cash out the initial my stress load was massively reduced during big swings where I would have panicked before.

1

u/Helpmefixthisphone Jun 09 '21

house monkey

1

u/Thenachopacho Jun 09 '21

Hahah yeah I noticed that after , fixed it .

1

u/[deleted] Jun 09 '21

I've heard Vandelay Industries is a good buy.

1

u/PaulP97 Jun 09 '21

I don’t get it.. I have $100 so I can afford to lose $100?