160k NVDA put YOLO
Hey regards,
I lost big time on PYPL play. I lost 10k on NVDA earnings. I'm generally a bear because in falling market you make gains much quicker than in bull runs. No one is ever panic buying as much as people tend to panic sell. I know that I was right, I was just early. Now I'm back. Call it copium and delusional regardery if you want. I do believe NVDA is a good company with good future ahead and I wish I owned it long term before the hype, don't get me wrong. But the hype is too much and unsustainable continuously. I believe NVDA will be doing good long-term and might even get to the $800-1000 territory eventually. But I'm betting my all-time gains from trading and then some on the fact that it will tank one more time in terms of a correction, reversing to the mean and becoming "normal" after which it will steadily go up as it's fundamentally a good stock. When the bears will have that one last attempt to beat it down, that's when I won't be as stupid as I was with PayPal, I will cease my chance and I will cash out.
Beware this is my get lambo or get slaughtered like a lamb kind of a deal and I'm fully aware of it. There's nothing in between. If I lose, I'll be rotting in my day job the same way. If I win, I'll finger fuck all of them bastards and retire. I'm risking amount that might make me much poorer but not ruined, so never risk what you can't lose to the point where there's no other solution than buying calls for $ROPE. I don't recommend anyone to replicate this as it's high regarded territory, it's against the trend and the hype...
Godspeed regards.
Hey regards,
I lost big time on PYPL play. I lost 10k on NVDA earnings. I'm generally a bear because in falling market you make gains much quicker than in bull runs. No one is ever panic buying as much as people tend to panic sell. I know that I was right, I was just early. Now I'm back. Call it copium and delusional regardery if you want. I do believe NVDA is a good company with good future ahead and I wish I owned it long term before the hype, don't get me wrong. But the hype is too much and unsustainable continuously. I believe NVDA will be doing good long-term and might even get to the $800-1000 territory eventually. But I'm betting my all-time gains from trading and then some on the fact that it will tank one more time in terms of a correction, reversing to the mean and becoming "normal" after which it will steadily go up as it's fundamentally a good stock. When the bears will have that one last attempt to beat it down, that's when I won't be as stupid as I was with PayPal, I will cease my chance and I will cash out.
Beware this is my get lambo or get slaughtered like a lamb kind of a deal and I'm fully aware of it. There's nothing in between. If I lose, I'll be rotting in my day job the same way. If I win, I'll finger fuck all of them bastards and retire. I'm risking amount that might make me much poorer but not ruined, so never risk what you can't lose to the point where there's no other solution than buying calls for $ROPE. I don't recommend anyone to replicate this as it's high regarded territory, it's against the trend and the hype...
Godspeed regards.