Completely out of bullets. From 16k in mid-October

Completely out of bullets. From 16k in mid-October, not only did I lose the 6k profit, but now I only have a few dozen dollars left.

At the beginning of January, I still had 1k; by the end of February, it was down to 500. I thought OKLO had finally reversed, so I bought OKLL options, but it kept falling. Today, it dropped another 30%, completely breaking me, and now I'm out of money.

Why is it still falling? I've lost 10k intermittently on OKLL. Holding onto losses, day trading just made me lose faster, and the options burned everything in one go.

I'm completely done with stock trading. These past few months, I couldn't eat or sleep properly, and now I'm completely wrecked. Looking back, the sooner I got out, the better. I shouldn't have clung to the hope of breaking even—now I've lost everything.

I hate OKLO so much. Because of it, I lost all my principal and still hoped to make it back, only to lose even more until the principal was gone.

Ordinary people shouldn't mess around like this—it just leads to losing all your money. I should've just bought VOO and held it. I probably won't trade stocks again. Goodbye.

水月望花海

Why do I always ask my loyal followers to read carefully? Because there are many ways to read: one is to read but not understand after reading. The other is to read and understand. After these two weeks of decline 📉, I believe that as long as my loyal followers read this post carefully, they could at least avoid yesterday's wave of falling knives 🔪, and some might even make a small profit 🤣. Because only long-time followers know the value of what I say, and they will make appropriate adjustments based on my direction. I have always believed that sincerity is the ultimate skill in life, whether in daily life, work, or stock trading—the principle is the same, and I have always acted accordingly. Given the current situation, there must be many people blindly copying trades, then adding positions or opening new positions directly at the peak, because most novices may not see the truth. After all, many bloggers only post profits, not losses, which makes inexperienced followers stay silent, especially those following options. So, my fellow followers, you must develop your own trading system to avoid unnecessary losses. Because what belongs to others will never truly be yours.

Back to the topic, today's pre-market summary:

$Tesla(TSLA.US) Those playing with short-term options must be feeling terrible lately, often getting squeezed from both sides. I’ve mentioned this more than once in this post. Recently, avoid short-term options and focus on accumulating shares at lower prices.

$Broadcom(AVGO.US) Long calls may experience wear and tear, but personally, I think as long as your position and timing are right, there’s no need to worry. Looking at today’s situation, I might take profits on MP and re-enter later 😣.

$MP Materials(MP.US) The market dropped so much yesterday, but surprisingly, my little MP held up and even made a profit 😨. It’s just a pity that my position wasn’t larger.

$Oklo(OKLO.US) Little OK also performed well yesterday, staying in the green. With 90% of my position in options, it barely dropped in such a volatile market, which shows that many of my speculative trades hit the bottom at the right time.

$Microsoft(MSFT.US) You can open a position in the stock around 400, but options haven’t reached my target for adding yet 😂. The drop wasn’t severe enough. So, this stock is still quite resilient.

$Netflix(NFLX.US) Many followers have been asking me about Netflix lately—whether it can bounce back. I’ll just say this: hold the stock patiently, at least until it reaches around 95. Don’t rush to add options positions, because Netflix’s competitors are shorting it while causing trouble. You probably saw Netflix’s CEO at the antitrust hearing yesterday.

The above are all personal opinions and should not be taken as investment advice for anyone.