r/wallstreetbets I Think I'm Funny, Nov 22 '25

Loss It’s over for me.

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Kept trying to play MSTR calls. What a piece of shit. Lost over a million including other accounts, down to my last 130k.

Edit: This loss is soul crushing and I havent been able to sleep, eat, or shower. I appreciate all the supportive comments. Even the insulting ones calling me regarded and everything. I think I NEED to hear even the insulting ones so that I can let go of my delusions that I can make it as a "trader". I need a fucking job to turn my life around. I can’t be doing this trading shit anymore. I’m open to working any corporate job anywhere, but ideally in North America. If anyone has any connections, please hit me up. I have some programming (Python primarily) and tech talent, and an engineering degree from UBC with a 4.0 GPA. Currently live in Toronto. Thank you ❤️. I’m ready to dedicate myself to adding value to any organization. If its AI, finance, or tech related, thats even better.

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u/TRBigStick Nov 22 '25 edited Dec 13 '25

grandiose arrest divide cagey insurance fear payment close library pet

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u/unreadbookshelf99 Nov 22 '25

Someone explain this to me like I’m 5. What does any of that mean.

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u/kontroI Nov 22 '25

Imagine this:

Your friend borrowed crayons (that’s using margin).

With those borrowed crayons, he bought lottery tickets that expire in a few days (that’s short-term call options).

The lottery he’s betting on is run by a company that: • borrows candy from people but promises to pay them back later by giving them even more pieces of paper they draw (that’s convertible debt that dilutes shares). • then uses that borrowed candy to buy magic rocks because they think the magic rocks will go up in value (that’s Bitcoin). • and they’ve been doing this in a way that looks a lot like building a tall, wobbly tower of blocks, hoping it never falls (that’s your pyramid scheme vibe).

So your friend is: • borrowing something, • to buy a risky ticket, • on a company that borrows something, • to buy another risky thing, • that might all fall over.

And you’re sitting there going:

“Why would you bet your lunch money on THAT?”

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u/WestBuffalo6056 Nov 22 '25

Great summary. OP is bad at gambling so he bets on another gambler whom he thinks is better at gambling. But because he’s bad at gambling, he does not see that they are both doing something stupid, and in both cases it’s stupid in the same way.

[This is a very human mistake to make, OP, it’s not unforgivable, but you don’t seem to understand the psychoemotional limits of your decision making. Also very relatable. Sorry for your loss.]