r/wallstreetbets • u/No_Pressure5505 • 1d ago

Loss It's finally over. I'm free.

I can finally give up fully. Thanks for playing.

Leveraged datacenter stocks, if curious.

3.3k Upvotes

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u/3141599 1d ago

People who don't set a stop loss. Why? Seriously! I get it if your position is negligible, but OP here went all in, with leverage, without any safety net. Why!?

16

u/insertnamehere----- 1d ago

Every time I have used a stop loss it has activated at the bottom of a dip at open and the stock made a full recovery just a few weeks later.

Maybe if I was leveraged to the tits with options they would be more useful. But with stocks they always just seem to delete my money. And the times a stop loss has “helped” me it would just save me by selling around 3% from the bottom of a stock that stagnated low.

3

u/TheNOLAJohnson 11h ago

Same the stop has screwed me every single time I stop paying attention, almost like the computers are doing it on purpose…..

1

u/Dirty-M518 4h ago

They are doing it on purpose…. The MM can see the stacked orders/sells at certain levels.

Ever wonder how the dip always goes to your stop price and recovers. Algo’s just stop loss hunting.