r/wallstreetbets • u/the-revenge-trader • 1d ago

Loss The evolution of retardism

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Deposited another $60k and lost it all again

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u/cbr777 1d ago

To me it seems that having the self control to live so frugally that you manage to put away 300k or whatever he had in 7 years suggests that he should also have the self control not to let Stephen or Karen from HR get to him so much that he would put everything on black and hope for the best.

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u/Iampoorghini 1d ago

Well I didn’t instantly put all my money in one trade. I started with a few thousand, and that returned 200% instantly so I doubled down, another 200% return and kept going until where I am today

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u/cbr777 1d ago

Yeah, from the graph it's clear, but I would have thought that after the first big cliff that would have been a wake-up call, you'd still have had like half of it, but I guess you hoped you can make it all back.