[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 183 KB, 805x760, Screenshot at 2021-01-28 13-13-44.png [View same] [iqdb] [saucenao] [google]
26863655 No.26863655 [Reply] [Original]

>> No.26863954

>>26863655
Hahahaha you incels are going broke LMFAO.

>> No.26865562

I guess putting options in the hands of a normies is pretty much the same as putting a gun in the gands of an aspergers.

>> No.26865841

hahahaahhahahahahahahahahahahahhahahahahaahahahahahahahahahahahh

lol

>> No.26865926

>>26863655
This isn't even bag holding

>> No.26865991

Why did his bank liquidate his calls? Margin?

>> No.26866013

>>26863655
they are gonna ban options for retail eventually

>> No.26866042

>>26863655
what an incel lmao

>> No.26866047

RBC?

>> No.26866078

There must be SOME kind of...rule or whatever about trying to sell but your broker is down. That shit is fucking crazy to me that a "WHOOPSIE WE'RE DOWN" can result in someone losing hundreds of thousands of dollars.

>> No.26866270

>>26866078
the rules are made by jews specifically to screw you over. why do you think there's no limit on how much they can halt a stock per day.

>> No.26866295

>>26863655
Lol I wonder if they created more problems for themselves than solutions pulling this jewish trick

>> No.26866339

>>26865991
Yup, don't invest in options with margin ever as someone who can't even calculate the premium of an option.

>> No.26866420

>>26866013
They really should. Stocks are pretty safe since you can only lose what you put in, but options can really fuck a man.

>> No.26866433

If this is real I feel really bad for the guy. We all make mistakes. This is however why I NEVER EVER fomo. I buy coins and then sell half at 100%, done.

>> No.26866442

>>26863655
With Calls you only lose what you invest. You bought knowing that it could go to $0 like everyone else. How many you bought makes zero difference with calls. Sorry the bank fucked you but maybe they can help, be thankful you didn't get shut out shorting it to the moon instead!

>> No.26866730
File: 29 KB, 273x182, gitmoney.jpg [View same] [iqdb] [saucenao] [google]
26866730

>>26863655
Thanks for playing goyim

>> No.26866793

>>26863655
can you link thread couldn't find it

>> No.26866851

>>26866047
RBC is Royal Bank of Canada.

I also have some accounts with them and it was so broken today that it wouldn't even load to show me my holdings. This happens to RBC every time there is major market activity.

>> No.26866864

>>26866047
royal bank of canada

>> No.26866892
File: 62 KB, 976x850, _91408619_55df76d5-2245-41c1-8031-07a4da3f313f.jpg [View same] [iqdb] [saucenao] [google]
26866892

>>26863655
>I only slept 6 hours last night so my brain could have crashed
>only 6 hours

>> No.26866945

>>26866433
yep. there will always be another opportunity. might take months might take years but it’ll be there

>> No.26867097
File: 56 KB, 589x603, 1460016811237.jpg [View same] [iqdb] [saucenao] [google]
26867097

>But instead of buying 100 calls, I bought 100 contracts. 10,000 calls.

Holy shit, this guy is mega retarded. I feel bad for him though

>> No.26867127

>>26863655
HOLY FUCK

>> No.26867249

>>26866730
please come again
kek

>> No.26867361

>>26863655
fucking hell lol He'd have been fucked anyway by Feb 5th, $570 after everyone else has already got out? No fucking chance.

>> No.26867394

>>26866793
https://www.reddit.com/r/wallstreetbets/comments/l739x7/300k_cash_what_do_i_do_now/?sort=new

>> No.26867466
File: 280 KB, 128x128, 1595025022504.gif [View same] [iqdb] [saucenao] [google]
26867466

>>26863655
Jesus christ. Don't play with options if you don't know what you are doing, kids. He's not getting bailed out

>> No.26867508

>>26866892
>only 6
what a normie

>> No.26867570
File: 1.93 MB, 235x240, 1517341035290.gif [View same] [iqdb] [saucenao] [google]
26867570

>>26867394

>> No.26867617

>>26866864
>>26866851
you mean rubic

>> No.26867707

>americans are smar-

>> No.26867750

I had an account with them. Worst service. On "high energy" days like this, you couldn't even open the damn thing. Phone line wait is around 2 hours.

>> No.26867757

>>26865562
>options
>>26866013
>options
>>26866339
>options

Has nothing to do with options, he went long calls, it's not like he's going to be assigned. It has everything to do with margin. He'd be just as fucked as if he went fat-fingered himself into $1M worth of shares and not calls.

>> No.26867917

>>26867617
Have you noticed that Rubic spam just stops happening when it gets after 11pm India time?

>> No.26867930

>>26867097
this

1 call is a contract that includes 100 shares.

>> No.26867985

>>26867707
Forgot to add, once I had to sell something. Website wouldn't open. Phone took 2 hours to get through. They said couldn't sell more than 5 shares at that time, call back 7 AM tomorrow. Managed to sell the day after, 6000 gone up in flames. Ditched the account then

>> No.26867988

>>26863655
Hope he posts the link to his stream

>> No.26868044

>>26867917
no, because it doesn't

>> No.26868109

>>26867757
>He'd be just as fucked as if he went fat-fingered himself into $1M worth of shares and not calls.
No because shares can't put you bellow zero.

>> No.26868168

>>26867757
No he thought 1 call = 1 share and got fucked over when he bought 100 calls which is a contract that involves 10,000 shares.

>> No.26868426

>>26863655
>has no fucking clue what options are
>FOMOs at the top like a complete retard
no sympathy for such fucking idiots

>> No.26868443

>>26868168
Amazes me that someone can fuck themselves so hard and still not even have a clue what they bought.

>> No.26868462
File: 42 KB, 600x600, jew_basic.jpg [View same] [iqdb] [saucenao] [google]
26868462

>>26863655
oy vey goy. look at this! this is exactly why we need to regulate the market. (i.e. prevent individual buying and selling of stock)

>> No.26868498

>>26867757
>He'd be just as fucked as if he went fat-fingered himself into $1M worth of shares and not calls.
Assuming those too were covered by margin (at least some of them)?

>> No.26868601

>>26867757
>Has nothing to do with options, he went long calls, it's not like he's going to be assigned. It has everything to do with margin.
this, too many newfags ITT

>>26868109
if you take out a loan to buy shares they can
if you buy options without taking out a loan, the max you can lose is your premium

>> No.26868662

>>26863655
He is mistaken, he is not down 1 million dollars, his broker is.

>> No.26868694
File: 312 KB, 1090x1087, a_fucking_leaf.png [View same] [iqdb] [saucenao] [google]
26868694

>>26863655
topkek.
Good.

>> No.26868852

>>26863655
this is why the average joe shouldn't touch stocks

>> No.26868897

>>26868168
Retard, he was assigned on margin and liquidated. This is the sad fate of those who didn't catch the memo about not trusting their broker.

>> No.26868899

>>26865562
This. I'm borderline retarded so I only trust myself to Market Sell when I get an alert. Just hodl and buy, don't do shit until then. Sell when you see memes about it on 4chan and everyone keeps posting green wojacks saying they made it.

>> No.26868918

>>26867930

That's probably what he meant, but he's still too much of a novice to get his terms right.

>> No.26869068
File: 294 KB, 516x706, kbio-joe-campbell-etrade.png [View same] [iqdb] [saucenao] [google]
26869068

>>26863655
reminds me of pic related

>> No.26869283

>>26863655
this is why i dont fuck with stock,s

>> No.26869350

>>26868109

to be fair neither can calls, puts you can go below zero, as what's happening with hedgies forced to buy shares at ATH

>> No.26869453

>>26863655
HAHAHAHAHAHAHAHHAHAAH
How can you be so retarded? He's as dumb as the hedgies. Imagine betting money you can't afford to lose, let alone betting other people's money.

>> No.26869591

>>26863655
Eternal Day of the Rake for this unfortunate leaf.

>> No.26869603

>>26869283
Don't trade on margin

>> No.26869612

>>26863655
That one kid on dailymail killed himself after thinking he owed tens of thousands through options on robinhood or some shit.

>> No.26869682
File: 1.03 MB, 268x274, 1461705171155.gif [View same] [iqdb] [saucenao] [google]
26869682

>>26863655
>I only slept 6 hours last night, so my brain could possibly have crashed.
Is that supposed to be a small number? I thought 6-8 was normal

>> No.26869740

>>26869603
This. Margin accounts are good for allowing you to do same day trades. Never use the actual margin though.

>> No.26869899

>>26867917
How are you still tryin to fud about rubic ...

>> No.26869906

>>26869283
it’s not that bad if you open a cash account, then you don’t have access to margin. i yoloed in with a margin account my first time too
and if you do open a cash account do it at the bottom not the top like we are now

>> No.26870057

>>26869612
no, it was 700k
but that was different
this guy meanwhile is pretty screwed

>> No.26870081

You RBC you lose

>> No.26870162

>>26863655
That's why cryptocurrencies will never see wide adoption. 95% of people would fail to securely hold their funds in their wallets.

>> No.26870240

>>26866433
Is there anyway we can help him?

>> No.26870285

>>26865562
this, absolutely this

>> No.26870455
File: 934 KB, 250x167, 1513042429286.gif [View same] [iqdb] [saucenao] [google]
26870455

>>26869612
>>26863655
I don't get why people who's lives are financially irrecoverable kill themselves. Surely it's easier to hitch a ride down to Mexico or somewhere and start a new life under an assumed identity?

>> No.26870533

I don't feel bad about losing 15k anymore

>> No.26870633

>>26870240
Nah, he's toast.

>> No.26870695
File: 9 KB, 215x235, images1.jpg [View same] [iqdb] [saucenao] [google]
26870695

>>26863655
>wSb GeTS sHiT DoNE !! 11 !

>> No.26870764
File: 484 KB, 1061x925, Untitled.png [View same] [iqdb] [saucenao] [google]
26870764

OC

>> No.26870843

fuck the royal bank of canada

RBC on the other hand...

>> No.26870892

>>26865562
Fuck that was good anon, I wasn't sure how to word that level of retardation. Thanks fren.

>> No.26870914
File: 77 KB, 667x659, 1518335419793.jpg [View same] [iqdb] [saucenao] [google]
26870914

>>26863655
>instead of buying 100 calls, I bought 100 contracts
I've only been doing options trading for a year now and this sentence makes my head hurt. Is he actually retarded? How do you mix that up.

>> No.26871100
File: 10 KB, 410x230, george floyd.jpg [View same] [iqdb] [saucenao] [google]
26871100

>>26863655
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH
>>26861688
BUY THE DIP NOW, LAST CHANCE BEFORE ANUDDA SHOAH

>> No.26871152

>>26870162
Dear God, an IQ test to securing wealth in a currency that hasn't been relentlessly diddled to death by a self serving governmental entity? Sounds fucking awesome to me.

But seriously, low operational existence normies will have custody solutions via the banks they turn to. Just saying I can't agree that the complexities of crypto wallets won't be a need that's fulfilled by existing structures and thus a barrier to adoption

>> No.26871153

>>26863655
Nah. That’s their loss. If you have zero money, how are you expected to pay? It’s not your fault they liquidated you on shitty fills. Tell them to fuck off and close your account.

>> No.26871332

>>26870240
What for? He got greedy and paid for it. He should just take it like a man

>> No.26871355

>>26870914
Genuinely this. The brokerage even makes it clear as fuck what's going on generally. Did he not see his fucking total?

>> No.26871375

>>26870843
This

>> No.26871662

>>26863655
>he can't pay $172 a day
That nigger should have gone to college instead of siting on his ass like a fucking retard lmao.

>> No.26871948

>>26866945
the key is to keep tuned in for a while. never stop reading the rumours, the news, the memes; and one day you could be big.

>> No.26872048

>>26866047
Rubic

>> No.26872208

>>26871355
That's what's starting to make me believe that he got greedy, figured he'd buy shit tons on margin and then watch it moon today. Meanwhile, the kikes pulled a ladder attack, RBC's risk mechanism flipped, and he got fucked. Then he makes it look like he was the victim of a stupid mistake. The again his calls for Feb. 5th @570 we're pretty fucked up too, so maybe he just IS a retard?

>> No.26872255

>>26863655
Never gamble money you can't afford to lose or that you don't have, fucking hell

>> No.26872266

>>26863655
why you shouldn't use margin trading normie assets the post

>> No.26872372

GUH

>> No.26872631

>>26863655
just file for bankruptcy

>> No.26873135

>>26870455
Or just declare bankruptcy. Sure your credit score goes to shit, but that's better than mexico

>> No.26873546

>>26863655
This guy invested the same way charlie chaplin goes on dates,

>> No.26874600
File: 98 KB, 1280x970, 972520B61E1D492AA8456F76EF3BFE5E.jpg [View same] [iqdb] [saucenao] [google]
26874600

>>26866892
>>26867508
6 hours of sleep a night is regular for me.

>> No.26875186

>>26863655
>I only slept 6 hours so my brain is crashed

absolute bait and fake

>> No.26875192

>>26863655
i don't get how brokers allow for this much margin for retail retards
is this normal in canada? you don't need a proof of collateral

also otm options on gme aren't risky enough you need to double down on margin really

>> No.26875298

>>26869283
Or maybe don’t massively leverage trades on margin that are way bigger than you can handle in products you don’t understand using derivatives that themselves are massively leveraged.

>> No.26876309

>>26863655
You pick up a gun, you go to the building, and you shoot as many people as you can before someone kills you. It's time to go to war.

>> No.26876535

>>26876309
In minecraft of course.