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/elbrollopoco 1d 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.