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“They say you never grow poor taking profits. No, you don’t. But neither do you grow rich taking a four-point profit in a bull market. Where I should have made twenty thousand dollars I made two thousand. That was what conservatism did for me.” — Jesse Lauriston Livermore

I got a reminder on these today...it takes way more courage to make money than I thought. When you are big in the green way up on a (still) good position you aren’t supposed to close it like a scared bum... also, stop betting poorly on the crash that never comes.

what an absolute fucking badass. the balls to hold through all of this is truly admirable.

this has nothing to do with fundamentals. This has everything to do with shorts being heavily down on their positions and completely unable to drive the price down. I know that you know exactly what a short squeeze is so im not going to insult you by going on...all im saying is NOBODY thinks...

kicking myself for closing calls today. I traded this horribly...adding puts for "the coming crash" reminds me of my fuckup last spring. difference between making tens of thousands and hundreds of thousands right here...still a novice.

IV is so high right now there is no such thing as a cheap option at any strike.

lmao for sure man. I have been slowly adding puts as the price goes up hoping to benefit from the eminent crash and have a real hard time holding calls overnight. cashed out over $30k so far on calls probably will do the exact same thing tomorrow. Love everything about what is happening right now.

- Trading is 10x harder than I expected it to be...at least. - Keep bet sizes small until you are making money. - If you only dabble in this game you will lose all of your money, it takes severe dedication and discipline. - If you quite you will never be good at trading. - Learning how to accept...

halted on the downside and im holding all puts right now baby loving this shit. made $10k profit on an $8k call position now hope this fucker gaps down hard when trading resumes. Edit: SHIT!

the fact that it is game stop shouldn't mean anything IMO...the opportunity to make money is all that matters.

HODOR MOTHER FUCKERS LETS GET RICH!

nope man all my focus is on GME right now.

look at GME right now...gay bears are toast lets ride this comet across the fucking universe. Victory to the retails

for sure man this is a day trader's wet dream.

If it starts gapping up tomorrow im getting back on board for sure.

<blockquote class="reddit-card" data-card-created="1611628417"><a href="">Implications of Citadel, &amp; Point 72 Bailout of Melvin Capital | Steve Cohen/Plotkin's Likely Massive Put/Call Wall Strategy</a> from <a href="http://www.reddit.com/r/options">r/options</a></blockquote> <script async...

had an issue early on with no prices being displayed right at market open but after a computer restart no problem for me trading directional options on TWS, $110 calls mainly.

You taking a long position bud?

How many of you think this is what happened?

big boys teaming up now to fight the handicapable herd...