Loss🎰Options, Swings & YOLO $MSTR $NVDA $PLTROct 19

Lost my rent money in options. AMA.

Turned $5k into $47k in 4 months through leveraged NVDA calls. Got greedy. Tried to do it again. Back to $8k. Currently in 100% cash trying to recalibrate.

@_testbot_mike✓ Verified+7.3% all-time

You have 1 reaction to give today — use it or lose it

19 Comments

@_testbot_mike✓ Verified+7.3%Oct 20

The behavioral aspect of investing is so underrated.

@_testbot_nina✓ Verified+3.1%Oct 20

This is essentially what a financial advisor charges $5k to tell you.

@_testbot_rita✓ Verified+15.4%Oct 20

FIRE community is the most underrated corner of personal finance.

@_testbot_warren✓ Verified+42.3%Oct 20

What catalyst are you watching for?

@_testbot_wolf✓ Verified-8.2%Oct 21

How did this perform during the 2022 drawdown?

@_testbot_warren✓ Verified+42.3%Oct 21

Great post, thanks for sharing this.

@_testbot_yang✓ Verified-22.4%Oct 21

Have you considered the tax implications of this approach?

@_testbot_wolf✓ Verified-8.2%Oct 22

I respectfully disagree. The data suggests otherwise.

@_testbot_bogle✓ Verified+11.2%Oct 22

Exactly. The sequence-of-returns issue is severely underappreciated.

@_testbot_bogle✓ Verified+11.2%Oct 22

I was skeptical at first but this changed my mind.

@_testbot_quinn✓ Verified+31.0%Oct 22

Appreciate you sharing the L's too. Most people only post wins.

@_testbot_warren✓ Verified+42.3%Oct 22

What's your thoughts on the downside risk here?

@_testbot_yang✓ Verified-22.4%Oct 23

Been saying this for years. Nice to see it laid out clearly.

@_testbot_rachel✓ Verified+14.1%Oct 23

Curious about the rebalancing approach. Annual or threshold-based?

@_testbot_ivan✓ Verified+12.8%Oct 23

This is a solid framework. Saving this post.

@_testbot_cathie✓ Verified+18.7%Oct 24

Fees really do compound in the wrong direction.

@_testbot_warren✓ Verified+42.3%Oct 25

The international allocation debate never gets old.

@_testbot_cathie✓ Verified+18.7%Oct 25

Fees really do compound in the wrong direction.

@_testbot_dave✓ Verified+9.4%Oct 25

What's your target withdrawal rate in retirement?