TL;DR
This year’s market has been a rollercoaster! Some are winning big, others are feeling like clowns. Remember, everyone’s journey is different, focus on your own learning.
Story
It’s been a wild ride in the markets this year, hasn’t it? Some folks are riding high, like the one bragging about their 14% gains (that’s like turning $100 into $114 – not too shabby!). Others, well, they’re feeling like clowns. Remember those 0dte (zero days to expiry – super short-term) SPY puts that wiped out 99%? Ouch! Investing can feel like navigating a minefield sometimes.
One guy said he’s almost at the end of my ‘how-to-invest’ manual. It’s like a video game, right? You level up as you learn. Let’s talk about those ‘puts’ for a sec. Imagine you’re betting that the price of, say, apples will go down. You buy a ‘put’ option, which is like a coupon that lets you sell apples at a certain price. If the price drops, you win! If it goes up, well, you lose what you paid for the coupon. 0dte puts are like betting on the apple price right now – super risky!
The thing about investing is that everyone’s at a different level. Some are making bank, others are learning hard lessons. The trick is to not compare yourself to others and focus on your own game. Slow and steady wins the race, and always remember to keep learning – every step counts!
Advice
Investing is a journey, not a destination. Keep learning and don’t get discouraged by short-term setbacks.
Source
https://www.reddit.com/r/wallstreetbets/comments/1hvqps2/hows_everyone_elses_year_going/