Comment your worst Day Trading loss / experience:
I lost $15k closing out my $GME position earlier this week.

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I was around 22yo when i first started trading. bought Amazon at $150 and sold at $200 bc a few dips in 2014 made me nervous. Lol

likefunny

😭

I am down $10knin GME but holding on coz it’s not less unless you sell 🥺 ( saying that to make myself feel better, please don’t make me feel more bad that I already am )

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D2 and PE A1, limit orders do not always execute. They are second priority to market orders. If there are more market sell orders than buyers at that price, the price will drop. So only after all that dynamic happens will market orders face the brunt of the hurt. THEN limit orders will kick in and execute as soon as there is a price someone is willing to buy at. So even that strategy is not guaranteed to work/execute.

Source: my limit order did not execute upon a GME spike despite my limit price being hit and superseded by over $80.

helpful

Lol I also currently have $25k in Clover on margin and really hoping the short research isn’t true

likefunny

Lost $900 on GME. Only stock I’ve ever sold (typically don’t buy on hype).

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Down 10k in unrealized gains and 5k in realized gains from GME

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When I started, I took a big margin beating big on Amazon’s Q1 2020 earnings. Microsoft and Google the week before had had big earnings beats in cloud tech and I thought the same for AWS combined with blowout eComm sales.

This is when I learnt ‘buy the rumor. Sell the news’. Combine this with a bigger than expected spend on Covid protection - I lost 10% of my portfolio overnight. Got scared as I was on margin tilt and being margin called.

Learnt a lot that 24 hours.

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Yesterday I lost 50k in value on options... sold 1 to protect my initial investment. Mostly recovered in AH/pre market.....

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In 2013 I invested $7,500 into a scooter taxi company (penny stock) in SE Asia that nearly 2X’ed, and then shortly thereafter crashed and was delisted. The opportunity cost on that sale was not having that $14k to dump into Tesla which had just jumped from low $40s to $80. Since then I’ve mostly avoided individual stocks and just ride VTSAX. Doing so stopped me from pulling the trigger on some good deals last year (SQ @ $40, PTON @ $22, TLRY @ $4), even though I recommended them to others, but that’s life.

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D2 it’s easy to pick winners when almost all stocks hit 52-week lows and hundreds of millions of consumers have to spend most of their time at home. I was sitting on a bunch of cash last year so starting in Feb I DCA’d it into VTSAX and did fine, but again, my risk tolerance was low so my returns reflected that. My advice is to just keep buying the market and when there’s eventually another major dip, lump sum it in haha

Invested in ethereum in 2017 with then-boyfriend. Not great idea, I know, but at that time I didn’t have a state ID (I was an intl student). Broke up w/ him and had to ask him to close my position, which at that time was a loss 😑.

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I was a VP finance for some university investing club, and I had to take a photo for the website. I pulled up a chart of Bitcoin in 2013 on my screen because I thought the candlesticks were cool. I’m so sad I never bought lol

I wanted to learn about options and I lost like 4K on different options in a very short period. I’m not even upset, I learned a lot

smart

Lost $25k continuously buying puts last March to may as I continually expected the market to crash further

smart

So what you really lost was the opportunity to cash in $150,000

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