[Events] Have you ever YOLO-ed in your life?

Everyone’s investment journey contains stories of successes and failures. Just as what Brendawg324 did when he would have made 140k but finally lost 30k in just 2 days. However, he remained optimistic about the future.

This guy bought $Meta Platforms, Inc.(META)$ 322.50 calls expiring this friday worth all of his life savings (roughly 35k), the next day META opened in the green and he was 50% up but as a true wsb legend he diamond-handed his way to a 10k loss in the afternoon selling every contract. 
To make everything better, he then proceeded to buy with the remaining money 218 contracts of 15.50 calls of the company that shouldn’t be named, only to lose 60% today (at the time of this post) on those same contracts.
If you think this is the worst just take into consideration that those initial META 322.50 contracts today skyrocketed 300%, so if he had diamond handed another day he would have actually managed to make 140K.

At the age of 20, Brendawg324 gambled nearly all of their $38,000 savings. Did you ever make a similar bold investment decision? Have you ever YOLO-ed in your life? Please share your wildest trading story in the comments section below. Every experience teaches valuable lessons, regardless of whether it is triumphant or challenging.

🎯How to participate?

Comment below! Tag your friends to join the event

Tell us about your wildest trading story in the comments, including your decision-making process, the situation, and the lessons you learned.

📢Event Details

  • All Tigers who leave a comment in this post will receive 5 Tiger Coins.💰💰💰

  • One Tigers will receive 100 coins for the comments that are the most popular and most discussed. (Invite your friends to take part.)

  • In addition, you get a chance to win a surprise Gift🐯🐯🐯🐯

⏰Event Duration

8 December 2023-15 December 2023

Tag your friends to join the event, and win coins together!💵💵💵 $Tiger Brokers(TIGR)$

# Why options are addictive?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • koolgal
    ·2023-12-09
    TOP
    🌟🌟🌟YOLO - You Only Live Once!  But if you FOMO - Fear of Missing Out - You May Lose It All!  That's the painful  lesson I learnt when I jumped in to invest in $DiDi Global Inc.(DIDIY)$ when it IPO and ultimately delisted.
    However painful the lesson maybe, it serves as a reminder that it is important to be cautious and do my  own research before rushing in to invest in an IPO.
    Warren Buffett once said "The first rule of an investment is don't lose money.  And the second rule is don't forget the first rule."

    @TigerEvents @TigerStars @TigerClub @Tiger_SG

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    • koolgalReplying tofirefirefire
      May you be blessed with Good Health Happiness and Prosperity always 😍😍😍🍀🍀🍀🌈🌈🌈
      2023-12-12
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    • koolgalReplying tofirefirefire
      Yikes!  Hope things will turnaround  soon my friend. 🙏🙏🙏
      2023-12-12
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    • firefirefireReplying tokoolgal
      yolo-ed in every stages of my life... not a good idea..  starting from zero is never a good feeling..
      2023-12-12
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  • icycrystal
    ·2023-12-08
    TOP
    wildest trading story [Thinking] [Thinking] [Thinking] let's see... lots of embarrassing ones... the "foolishiest"... when I first started out... no one ever told me the "S" stands for "submitted" or is it... [Thinking] [Thinking] [Thinking] thought it means... "ask to sell" [OMG] [OMG] [OMG] don't even know where to hide my embarrassed face... [Blush] [Blush] [Blush]
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    • ShyonReplying toicycrystal
      Yeah, we learn and grow, sometimes really funny to see people sharing their stories here. haha nice sharing anyway.
      2023-12-09
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    • Universe宇宙Replying toicycrystal
      [ShakeHands]
      2023-12-09
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    • koolgal
      We all make mistakes when we are new to investing.  Thanks for sharing your experience my friend 😍😍😍
      2023-12-09
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  • Pleh
    ·2023-12-09
    TOP
    I throw a ton of monies into pltr in the early days and dca every month, it kept climbing and eventually when the opportunity came to when they dropped to below $10 again, i down my almost last dollar go all in. It paid off i took profit at $21 for all my shares and keep my base where they are 14k%, profit. Whew!
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    • GoodLife99
      [Like] I wish I can be patient & calm like you
      2023-12-10
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    • koolgal
      You have conviction in Palantir and your patience is rewarded 😍😍😍
      2023-12-09
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  • Shyon
    ·2023-12-08
    TOP
    I also got my diamond hand experience with GME back in 2020 😂 the craziest ride ever with both GME and AMC. Although I was not the type of all in, but I still feel the pain. My friends and I believe the short squeeze of GME will make the stock fly towards 10000 USD, crazy right? we read all the articles shared in WSB and we were so so so confident. Even with over 500% profit on hand, we never locked a single profit until the stock eventually retraced back to our entry price. By the end I quitted, I still ended up with negative profit. Shxt! What an experience. By the way, I still kept one unit of GME in my portfolio as a reminder and lesson during my investment journey. Never YOLO or FOMO yah! @TigerStars @Tiger_comments @koolgal @rL @Universe宇宙 @icycrystal @b1uesky @Aqa @GoodLife99 come and share yours too!
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    • Universe宇宙Replying toShyon
      [Chuckle]
      2023-12-09
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    • koolgalReplying toShyon
      Yes! 😍😍😍
      2023-12-09
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    • ShyonReplying tokoolgal
      Yeah, let's learn and grow together.
      2023-12-09
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  • All in Tesla
    ·2023-12-09
    TOP
    Investing in Tesla has taught me to see long term. In the past I used to trade in and out making few thousands. Didn’t expect it to run up so fast which i missed out millions in profits 😞. Lesson learned here is stay invested, look teem and buy more when it drops. Will get back my millions soon 😉
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    • koolgal
      Thanks for sharing your experience.  Best of luck🍀🍀🍀🌈🌈🌈
      2023-12-11
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    • Fenger1188
      👍🏻👍🏻👍🏻👍🏻
      2023-12-09
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  • GoodLife99
    ·2023-12-09
    TOP
    I started entering the stock market during the peak in year 2021, as listening from lot of voices whatever you buy sure profiting!

    Tigers, have you ever YOLO-ed in your life? come share! [smile]

    All & all it looks promising as it looks like 🐂 will continue to win the run, however 🐻 is the winner 🏆 at the end [LOL]

    Hard lesson learned, till date still yet for recovering ❤️‍🩹

    Whether you decide to invest, sell or hold, always make sure that you know why you are taking the decision.

    Conduct proper research to ensure that your decisions are reasonable.

    Your investment decisions must be data-driven & not sentiment/ reputation-driven.

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    • GoodLife99Replying tokoolgal
      [Like] [Heart] [Love] [love you]
      2023-12-09
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    • koolgal
      Thanks for sharing your experience.  We learn and we become better investors 😍😍😍
      2023-12-09
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  • Mrzorro
    ·2023-12-09
    TOP
    my wildest trading was all in meme stock when the meme stock is  trending. I didn't expect that the stock price would drop more than half and never rebound again after that. The lesson that I learned is not to invest in the meme stocks (unless you have extra money or very experience). choose the company with good quality, good people, and strong background or goal. 
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    • koolgal
      Thanks for sharing your experience 😍😍😍 We learn through our mistakes to become better investors 🍀🍀🍀🌈🌈🌈
      2023-12-09
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  • Lionel8383
    ·2023-12-09
    TOP
    Stupid mistake because he bought options, when you are a buyer of options, you are fighting against time. The value of your options are decreasing due to decrease in extrinsic value. In the end, most options expire worthless. Also options strategies are very complex, and if you dont know your greeks, you would be as good as swimming blindfolded
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    • koolgalReplying toLionel8383
      Thanks for sharing your valuable insights 😍😍😍
      2023-12-10
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    • Lionel8383Replying tokoolgal
      Especially delta as its the probability that the trade will end up in the money by expiration. Buying options out of the money is like going to a casino. Selling options is a higher win rate provided you can manage your risk
      2023-12-10
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    • koolgal
      I never imagine that I need to know Greek to trade in Options 😁😁😁
      2023-12-10
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  • melson
    ·2023-12-09
    TOP
    merci beaucoup @koolgal for tagging. yolo-ed. betted on the turn around of 50 year old brand bed bath and beyond. it went bankrupt. luckily i did risk management and minimized my losses.
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  • HLPA
    ·2023-12-10
    TOP
    Thanks highlighting Brendawg324 yolo experience. I have my own yolo event as well. Unlike Brendawg324, I am retired and currently sitting on a huge loss of over 50k buying up Metameterials, MMAT, when I thought it was somewhat connected to Favebook which was renamed Meta Platforms, META. did not do much DD then and followed advice by some popular youtube channels on MMAT.  The huge manipulation around MMAT and  its tied-up, MMTLP, had caused so much loss by MMAT and MMTLP the world over. I could have exited at one breakeven stage but had blindly believe both these stocks would see the light one day.
    My advice to fellow investors is not to play on penny stocks and focus on the megacap stocks with huge momentum. Do note @Ah_Meng @Ryan_Z0528 @StevenHarris @MojoStellar @Ah_Meng @Universe宇宙
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  • TSLAtothemoon
    ·2023-12-08
    I am currently ALL IN $Tesla Motors(TSLA)$ . It is my deepest darkest secret - my wife will divorce me if she knows what a degen I am. Life is short, go big or home!!!
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    • Fenger1188Replying toAll in Tesla
      我也是重仓特斯拉😆
      2023-12-09
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    • Fenger1188Replying toAll in Tesla
      +1
      2023-12-09
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    • All in Tesla
      Whats there to hide? Im proud to tell people im all in Tesla to show my conviction.
      2023-12-08
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  • Success88
    ·2023-12-09
    YOLO- The only gamble in my life is love and relationships. Luckily i never gamble wrongly and choose a caring and lovely wife to me and family. We just celebrate our 20th Wedding Anniversary @TigerEvents
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    • Fenger1188Replying tokoolgal
      👍🏻👍🏻👍🏻❤️
      2023-12-09
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    • koolgal
      How beautiful! 😍😍😍. Congratulations on your Special 20th Wedding Anniversary 💐💐💐
      2023-12-09
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  • Universe宇宙
    ·2023-12-09
    @TigerGPT what is YOLO and does it help to simulate the brain cells? grab information from the internet for references.
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    • Universe宇宙Replying tokoolgal
      [Surprised] [Thinking] [Chuckle]
      2023-12-10
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    • koolgal
      YOLO makes trading exciting and get the Adrenalin pumping 😁😁😁
      2023-12-10
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    • TigerGPT

      YOLO stands for "You Only Live Once." It is a popular slang term often used in the context of taking risks or making impulsive decisions without considering the potential consequences. In the investment world, YOLO is often associated with high-risk, speculative trading strategies that prioritize short-term gains over long-term stability.

      However, it is important to note that YOLO trading strategies are generally not recommended for most investors. They can be extremely risky and may result in significant financial losses. It is always advisable to carefully consider the risks and potential rewards before making any investment decisions.

      Regarding the question about simulating brain cells, there is no direct connection between YOLO and simulating brain cells. YOLO is primarily used as a slang term in popular culture and does not have a specific scientific or technical meaning related to brain simulation.

      As for the provided story about Brendawg324's investment experience, it showcases the potential risks and consequences of engaging in high-risk trading strategies. While some individuals may have experienced success with bold investment decisions, it is important to remember that such stories are often exceptions rather than the norm. It is generally recommended to approach investments with a well-thought-out strategy, diversification, and a focus on long-term goals.

      Apologies, but I am an AI language model and do not have personal experiences or the ability to participate in events. My purpose is to provide information and assist with investment-related inquiries. If you have any specific questions or need further assistance, feel free to ask.

      2023-12-09
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  • royongys
    ·2023-12-09
    Bought 3000 shares of credit suisse at $2 on friday and lost more than half over the weekend.


    Hanging on to YINN now after low break low and hoping for the best.
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  • KBWSG
    ·2023-12-11
    $Siyata Mobile Inc.(SYTA)$
    My holding was initially in the green and quite profitable. BUT, went through twice reverse stock splits, and all my holdings disintegrated into almost nothing. [Sad] @koolgal @LMSunshine
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    • koolgal
      Thanks for sharing your experience.  We learn from each other and become better investors. 😍😍😍
      2023-12-11
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  • SG 88
    ·2023-12-09
    The most memorable YOLO-ed in my life was when I invested warrants when the market gone "Nuts" with Gloves industry when Covid hits the planet.
    1st round of investment was TopGlove, make a 62% gains. The feeling was at the top of the world.
    Feeling like investing is a great opportunity.
    Then human instinct kicks in, greed overtook my common sense, in for the gold rush.
    Next up, Supermax which I went in for the "kill", end up the market pull back.... and I was the bait.
    The ending was painful. Loss what I started with and more.
    They say when failure happens, embraced it. Fail fast and fail forward.
    It's a painful lessons which I guess the patient requires the medication...
    Best advise would be to not to experience it [Sweats]
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    • koolgal
      Thanks for sharing your experience.  It is sad but true but we learn to be better investors because of it.  😍😍😍
      2023-12-10
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  • LYYTZ
    ·2023-12-08
    Yep i do. A very long time ago. Its no big deal, still young. Bought an ambiguous company without due research, just buying with the news. Lesson learnt define my investment journey from then on
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  • Congratulations to the following Tigers for getting 100 Tiger Coins

    @icycrystal

    We will distribute it to you later. You can go to the Tiger Coin Center to check it out.

    Congratulations to the following Tigers for getting Tiger gift

    @TigerHulk

    Please contact Tiger staff to collect the prizes and inform her the receiving information (name, address and telephone number)

    WeChat: itiger2014

    E-mail: wangzixuan@itiger.com

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  • Aqa
    ·2023-12-11
    YOLO - You only live once! So do not be too demoralized when you lost money in stock investments. I had my FOMO moment with $Palantir Technologies Inc.(PLTR)$. All my friends said it was expecting to deliver strong revenue growth so i followed them and bought the stock. That turned out to be a very terrible investment. I had to sell the stock to cut my losses.
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  • TigerHulk
    ·2023-12-10
    My best year till date is year 2023, I had my fair share of losses in year 2022, I had embraced those experiences and fine tuned it, I had successfully created a 100% win track record from 1 jan 2023 till date. Look at my performance in attached and I would like to thank @TigerTrade @TigerEvents @TigerCommunity for creating auch awesome event for me to have such outstanding performancr and winnings. Hope in the year 2024, it will be an another awesome year which i am able to create breaking records for my personal achievment.
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