Submitted by silverwind18 t3_1267jql in wallstreetbets
Astro_turff t1_je86vml wrote
Reply to comment by BaldeeBanks in A few lucky coinflips... by silverwind18
Probably in the top 5 for pieces of advice I’ve seen on this sub. Seeing those digits inside your bank app is like post-nut clarity.
I also recommend buying something you’ve had on your wish-list for a while, something you’d never normally buy with your paycheque. Like I personally ended up buying a nice camera, after years of saying I’ve always wanted a “professional” camera.
Making those abstract numbers and graphs feel tangible will seriously save you (and your jaw from the late nights behind Wendy’s)
pw7090 t1_jea179s wrote
So when you lose a ton, you should sell something that you cherish?
Middle_Name-Danger t1_jeanjgw wrote
Better to sell something someone else cherishes, like mom’s wedding ring or grandma’s house.
Purple_Winner_2417 t1_jebe0ni wrote
That would def teach you trading discipline.
MasterInvaster t1_jedg9tj wrote
When I lose a ton, I also buy something that I've wanted to for awhile. It feels very cheap in comparison to the loss I just suffered, lol
anus_camper t1_jea4ore wrote
whenever i go on these streaks I take out half, buy a nice dinner, a semi expensive thing i've wanted, and throw the rest in a high yield savings for taxes. Keeps you in touch with the actual value of money.
morningshiftatmcd t1_jebb21j wrote
Absolutely, what I started doing whenever I win (which is rare), is taking the winnings out in physical cash and then depositing it in my bank account, different kind of feeling
Ram_0830 t1_je9x1sj wrote
This is great advice. Couldn’t have said it better.
Such-Doughnut2128 t1_jebttnt wrote
Hahahaha #postnutclarity is definitely the name of my new band.
Viewing a single comment thread. View all comments