r/wallstreetbets
My second attempt at managing an infant while continuing to trade options
WSB user turned $2k into $87k trading SPX and SNDK options while babysitting, withdrew $48k.
- Successfully turned a $2,000 deposit into $87,000 through options trading.
- Applied risk management by securing the baby's funds in Vanguard and using stop losses.
- Author acknowledges the high risk of eventually blowing up the account again.
Ok I showed y'all my losses. I read every comment. I took it to heart. Moved my babys 20k from Edward jones that I had banked to a Vanguard savings and a 529 there as well. I used stop losses and only traded when baby was asleep.
I then deposited $2,000 more into my account because someone said they believed I could do it again.
After 2 weeks I had doubled it to $3000, then the next day $5000.
Now, yesterday... Let's just say today when I had to pee, I would have to sit down, because I was absolutely whizzing. I was up 75k from spx puts and sndk calls and then made 10k on spx calls
If you care to look at all the trades I did my best to include them. I withdrew 48k funds and told my wife of the situation.
All is well. I hope y'all can experience a 40x to your account one day.
I'll keep posting if I blow it all up again. I owe that to y'all.