Recent content by wekilishorts147

Thank you Steve! Exactly the kind of helpful advice I was hoping to get. I know indeed it will be very, very hard. Got to try though. Maybe some earnings plays as well- but yes, it will require those kind long shot chances.

A variety- sold some call spreads on UVXY at bad times, lost on some oil stocks in the big crash there. And a big loss on SUNE when they went under.

Have two illnesses- one physical, one mental (gambling as has been noted). 36 months is perhaps optimistic but I think I can hold on that long. I know it will take a miracle to get it done. Miracles happen. If I make it back I've got a great legacy to leave to charity. If not, I tried. Have...

Thanks Kim, I won't be around in 10 years for reasons I won't get into here- so time is of the essence. I agree with the people here who said it requires gambling- to be honest if there were a way to just bet on something binary akin to playing roulette (but something that qualifies for...

No, many of these people I found online searching for support groups for people with investing losses. Or gambling losses, whichever you like to put it. Worst story I have heard was a guy who went from 100K equity to almost 1 million in the hole on Swiss Franc move. He had a stop loss which...

OK, then how are they doing it?

Thanks Julian but looking for something that doesn't have possibility of over 100% loss of capital. Yes, I know 900% seems impossible- but this is my reality- I have 3 years to do it, or life is over- so of course I have to try.

Hi Xela, Have you thought about starting a hedge fund? If you're making 100% per year, if you can manage 100 million and get 20% of profits, your fees are 20 million per year. That would be my play if I were kicking out that kind of cheddar. I know it sounds impossible- but given I have...

About 1 million to about 100K.

Yes, the broker ate the loss on those accounts- and I fear we're going to see some more if this North Korea thing takes off- also I wonder why brokers allow naked selling options?

An acquaintance of mine recently got approved for naked options. Added some cash to his account, so he had 45K or so in cash. Sold 6 December $91 UVXY calls naked for 3.30, proceeds of 2K. So he has cash of 47K in the account and naked short 6 calls. I advised him to close them immediately...

I agree, extreme danger right now. Maybe this isn't "the big one" but it seems to me there is even more to worry about right now than there was in 2015 when UVXY went up 350% and probably even 2011 when TVIX went up 650%. I was nearly taken out completely in 2015 and know several people who...

Long story short between some spending and mostly terrible losses, I am down close to 90% from my peak account value several years ago. To be honest I'm lucky to even be in the game at all, as with some of the crazy stuff I have done I could have lost over 100% as several friends/acquaintances...