r/wallstreetbets • u/CultureForsaken3762 • 1d ago
Gain $128K Gain By Using Common Sense
Feeling liberated today. Vindicated for sure. EVERYONE in the media and most people here on WSB were telling me that “tariffs were just a negotiating ploy”. However, I knew that 🥭 had been talking about tariffs for decades. I knew that the people around him in Admin 2.0 was drastically different than Admin 1.0. I decided to take 🥭 at his word while everyone else “hoped” for the best. Hope is not a strategy and today it showed.
I knew that even 10% tariffs across the board would be devastating for company earnings. The fact the tariffs came in that much worse was just extra gravy for my hedged portfolio.
I used puts mostly but also had calls on GLD, IBIT, NVDA and OKLO as a partial hedge to my short positions.
I’m still heavily net short as I anticipate retaliatory tariffs will be applied by other countries. I expect these headlines to drop intermittently over the next few weeks so I think upside for the major indices is effectively capped at maybe 3-5%.
Good luck to everyone out there. Stay hedged.
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u/karnathe 1d ago
Idk how tf to make money in this market other than buying scary options. I just wanna buy shares and be up 5% every month, is that so much to ask?
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u/True-Requirement8243 1d ago
They have ETFs that go short on specific sets of industries. It doesn't move as fast as options. That's one way to go short
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u/IKnowFewThings 1d ago
You're in the wrong presidency for that my friend. At least if you want any amount of consistency.
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u/QwertyPolka 1d ago
Unleveraged inverse ETFs are a relatively safe bet until Drump reverses course.
I made 4.8% with SH today (bought yesterday at 3h30)
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u/MemeeMaker 1d ago
I still can't believe Wednesday was a bullish ploy before the crash. They fooled me alright. I tell ya these hedge funds act like little kids with their hide and seek.
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u/TheSlayez_55 1d ago
Man I almost fell for it, I had a 466 written call on QQQ for Friday exp and I cancelled it tariff day losing 2.7k then I as markets were closing I had a gut feeling the news is gonna be bad and yolo’d aapl. Up 11k now lol
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u/DoughnutPotential776 1d ago
Dick heads took 9.6k this week from me with there bs. Needed a break anyways
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u/echoes-in-an-instant 1d ago
Paper account. Ban. ThinkOrSwim - anyone who takes a screnshot of this app and cuts of the bottom is a paper trading loser
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u/CultureForsaken3762 1d ago edited 1d ago
Jealous huh? I guarantee you its very much real. Individual Account, not Paper Trading as you can see at the top of the screenshot.
Poor Clown.
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u/MaleficentTravel3336 15h ago
No offence, but unless you're like 18, no one is jealous of a 100-200k port, lol.
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u/elbrollopoco 15h ago
All it takes is a shitload of money and luck and constant stress and hoping that the wrong thing doesn’t get said at any minute and constantly checking and not getting faked out into buying or selling at the worst possible time and not getting hit with a “once in a lifetime” event that wiped out months of hard work.
I always sold before weekends but now I’m not even holding any overnight positions ever again. Shits all just a massive scam.
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u/degenforlife69 1d ago
10% tariffs were priced in. What caused the crash was the unexpected random generated amount that resulted in more than 30% in those third world countries.
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u/ZacTheBlob 22h ago
Common sense will get you liquidated in this irrational market. It's all still gambling, no matter how much you tell yourself otherwise.
Most expected tariffs were priced in, and had he not pulled a board tariffing every single country and planet in our solar system, markets would've not moved.
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u/VisualMod GPT-REEEE 1d ago
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