https://preview.redd.it/7zktlyqb4q8a1.png?auto=webp&s=f126344786729c511d2d5a8c1adc6d17cdac603c
Words cant explain how I feel everytime i open my account. Is it just me? I get that the market is down but not this bad.
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Have you tried buying companies with positive cashflow ? Or some with smaller than 100 PE?
Do you think 3 EV companies was enough?
when did you start buying stocks/trading? covid?
you got the companies right.
only if you would have bought puts
just don’t open your account
Buying speculative stocks when the fed is raising rates is not a good idea.
Gawd damn bro why don’t you start updating us on your trades so we can invert them!
Toughen up, because 2023 is going to be a lot worse ![img](emote|t5_2th52|18632)
I love when people post their portfolio and EVERYTHING in it is/was part of a pump and dump.
Welcome to the club, next stop -90%
If you believe in those companies, close the app and open it in 25 years if you’re still alive. Then post back here.
People have no patience in life, all we want is to get rich quick. Amazon lost over 90% of its value in the dot com crash only to bounce back very well.
If one invested only $500 in Amazon then, it would be worth just under half a million dollars now at current levels. Picture that
Always see the big picture. People here are gamblers not investors, they will tell you all sorts of things. Just be patient, I call it the Buffet syndrome
Remember kids, this is what coming off a cocaine bender feels like.
The only company you bought that I like would be Oracle. What were you thinking buying Snapchat, Fiverr, and Tesla lmao
Don’t take investment advice from Reddit…
Buying some boring dividend stocks will work right now and just reinvest divs automatically until interest rates sort out or park in bonds
You drank the EV kool aid, I see. ![img](emote|t5_2th52|12787)
Did you really censor your holdings of GRND?
We all take a pounding here every day. No hate.
Because your holding massive growth positions in a down market? Try buying something with positive CF and pays a dividend.
Words can’t explain? Man idk your financial situation but people lost their family members in the last year, near and dear ones to suicides and homicides and drug overdoses, people got paralyzed and will never be the same again.
None of that would be replaceable. Your account will be.
Eat the losses for a month and delete the app. Gradually you’d be okay whatever lost is lost. If you want to recoup whatever is left, you can get tax deductions, otherwise leave it there. Who cares. See if after a year or two or ten. Maybe you’d get your money back.
Theres a big lesson to be learned here. Dont let your losses get this bad ever again.
My absolute max loss is 25% and Thats absolutely max, im usually out much sooner.
Refer to this:
https://preview.redd.it/q74v2wsznq8a1.jpeg?width=749&format=pjpg&auto=webp&s=1254a98299cf4e8b16b31a03601df471b068d35b
Its always better to cut your losses and use the capital for another opportunity.
Now your best bet would be to wait for an opportunity to average in, bring the average cost down, and maybe break even. Gotta be good enough to spot the opportunity to do so though
Bro you’re up $2.51 today keep that chin up
Sad thing is. Not time to buy yet
Thanks baggy, I shorted at these prices SNAP and TSLA…
How do you get the Net Liq to show in green? Mine is always red.
i laugh everytime i open mine
Invest more in Oracle.
Sorry this is wallstreetbets not r/stocks
Dont listen to all these idiots. The only ones making money are the people shorting companies. If you dont know how to short then you arent making money right now. Everyone saying that its about investing in a company that makes money is pulling your leg
its all of us…we all feel empty
I was up considerably on TSLA and sold at a sizable loss.. right now is the time for new money to purchase tech stocks… NOT EV, but tech.. think Amazon. It’s way down but the company isn’t going anywhere. It’s on sale. Go for dividend stocks like Coke…. ….oh wait, this is wallstreetbets. Buy some TSLA calls that expire Friday. Go all in OP.
Still holding tsla eh?
80% of my portfolio that I started 2 years ago with new startups, spac and well established companies are down %60 or more
![img](emote|t5_2th52|4270)
Where’s coinbase
This is not bad, this is the preamble. Next year, when the markets are down 75% to 92.3% from this level, then you can conceivably mope about the market being down.
This is just the Jim Cramer adjustment.
Dude. And you invested in such defensive stocks too. I don’t know how this happened.