Down by 700k atm in the markets. Not sure what to make of it.

likefunnyhelpful
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Lot of people coming back to work now haha

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You haven’t lost anything – you only lock in the losses if you cash out now - always comes back!

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I started investing in alcohol instead.

likefunny

OP - please go see a therapist asap. Don’t do anything stupid to hurt yourself either. I’m in your same shoes, I realized a huge investment loss a couple months ago so I was in a dark place. But therapy helped a lot. Give it 2 months of therapy and you’ll get back to functional, trust me.

likehelpful

This is why I stopped trading options. Now I only deal in securities I could explain to my grandmother.

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“No Grandma, whole life insurance is the not the magical get rich scheme that young man from church told you it was”

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How much % is that of overall portfolio?

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Stocks for play derivatives for play. Nothing wrong with getting into playing options if you like a certain setup but should be 5-10% of your portfolio max (money you can afford to lose)

Glass half full take is that you’ve already basically lost everything, so you get to start fresh and not really worry about what the market does. Go make some money!

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What are you (or were you) in?

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Throwing a prayer your way

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That's gotta be like 3% of your portfolio if you work at Deloitte

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It would help to talk to someone professionally after this kind of life event. Mean this in all seriousness. Good news is that it could be your greatest life lesson and opportunity to step up to turn this around. It won’t be easy, and if you’re serious about reflecting, you can use this to your advantage and overcome this seemingly incredulous mistake. Key is that it was a mistake that needs to be fleshed out and addressed now.

helpful

How are you invested & diversified?

What is your investment timeline / horizon?

Do you have the market proficiency to hedge your holdings with derivatives?

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#WallStreetBets

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do you even buy puts, brah?

83% drop in your portfolio...wow some of you have insanely risky investment strategies.

I'm glad I stick to super diversified index funds and don't mess with stuff like derivatives.

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Ouch

I'm down like... ~10% and using the market pullback to use up some of my liquidity.

Shit, sorry to hear that OP. Hopefully you're young and weren't banking on that for retirement.

Logics don’t seem to make sense anymore. Just hope things start improving from here.

It’s just money. You’ll be alright.

Yes..
Life is not over

Almost lost everything just 11 months back.
Money gained in last 7 years gone

Building it back
Learning from mistakes

1) Upskilling the skills to earn more
2) not messing with trading while at work. Rather switched to investing and focus 100 percent on work

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Sounds like Stocks are on Sale

It’s a big set back but you’re young and relatively high income so just add new money to diversified funds and you’ll be alright

You should probably read up on investing 101. Seems like you were holding an unstable portfolio and ignoring the signs.

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