I’m down about 13k total. It’s not the end of the world.
Current Poker roll of about 2,500ish. Trying my best to get to 10k. I wanna start taking some cash game shots too. My poker roll is also my life roll so it’s hard to get ahead, but we trying. Feel like June we shd b there.

index funds / ETFs are sitting and waiting for aces at an action table. OP's investment strategy is three betting every suited triple gapper he gets dealt trying to flop gin

BS I love that your posting and sharing this whole experience, crazy to me but god bless you for taking a shot.

Curious are you down $13K since you sold the melody or from the beginning.

Ray you got balls off steel trading on margin. I respect the gamble. Rooting for you!

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Well said partner.

Anyone see FCEL’s move the last week.
Was at .43 around Thursday of last week, and now .93 today. That’s more than a double. Those are what I’m looking for.
*we bought this at .93 6 months ish ago and it dropped ever since. Ended up selling

Thanks.
Down $13k ish since we put that heloc money in last fall.
In the market for $57ish.

Thank u. I dont wanna live w regrets. Trying to get “it”. Not sure what “it” is right now, but I’ll know when “it” comes.
Trying to go hard, but also b smart. This is money I def don’t wanna lose, but very capable of losing a big chunk.

8yr old sick and home from school. No pokerz as I care for her.
We trade today!

BS, did you get out of MNGA/TRNX? New stock symbol, same lead balloon stock. It's actually quite amazing b/c TRNX is almost at cash/share on the balance sheet and well below liquidation value. The new CEO (Scott Mahoney) has f'd this up at nearly every turn but if you look at his track record with JayHawk Energy, it's not completely surprising.

Yeesh, down another 13.5% today so far. Said he was holding it for another week... not sure if that was last week. Hopefully BS cut his loses. Also there is so little volume... very odd.

LNG (and alternatives) and oil in general is a tough space to be in currently (q4 2018 was horrendous).

...sooo this has to be the bottom, right? A company with a lot of cash, little debt and over $20m in revenue. Unless the CEO & Board are criminals, this should be a price to buy/time to bounce.

That was then...Now we are in the “end of the world territory”.

Had to surrender and put in the stop/loss. They got me good!

When things go south w the stocks we focus more on the pokerz. That’s what we will b doing.

*All Bonsais died. Put too much miracle grow on them and burned them up pretty gd.

I feel pretty upset w none of my stock shots working out, but those r the chances we took. Gonna hv to nit it up some and build it back somehow.
Down bunches.

I feel like the Bonsai's are a metaphor for your recent stock run-bad. Listen, overall these past few years, you're still up a decent chunk. Day trading penny stocks is risky biz; huge upside potential also offers equally brutal to the downside. GL building that roll back up. We'll be rooting for ya.

“Started with a 1/2 challenge now we here”

Did you ever imagine that this would be the “here”?

Still rooting for ya of course. Run it up man and #1 priority take care of your family, whatever it takes, glgl!

Down $13K and the stock tanked today. How much was the margin call?

+1

Also, as someone who has personally killed bonsai trees, they are hard as **** to maintain.

I’m surprised my dog isn’t terminally ill.

Hey, on the bright side, at least you got out when you did... MNGA still seems to be free falling with no end in sight.

$12,000. covered when I stopped/loss.

Bout to just yolo and forget nitting it up and go all extremely high risk for all the marbles.

Bad news: We hv lost half of our investment. 30k ish
Gd news: poker roll $3k winning weeks still going strong.

No more deposits into RHz. Just build the roll.

Yahoo finance (which usually sucks) is suggesting that MNGA in April of '12 was $25,200 compared to to the $0.85 (after all the 10/1 splits). Meaning if you invested $100,000 in MNGA in April of '12 you would have $3.73 today. Is this a yahoo glitch or is that real?

https://stocktwits.com/symbol/MNGA

Lot of discussion about the stock here^

Most gambling addicts will only post their wins and try to hide their losses.

BS lets us sweat along with him in real time, that's why he's the GOAT.

I was just thinking that putting your entire portfolio into one high-risk volatile penny stock seems VERY nitty

In 2013 my 2+2 thread started w a $40k 1/2nl challenge. This challenge came up about $6k short.
2013 Poker Totals
Cash: $35,031 @ 26.66/hr on 1313.5 total hours. 70.5% winning %
Tourney: -$1,027
Overall: $34,004.

2014 Goal was to play bigger
2014 POKER TOTALS
Overall for 2014:
Cash: +$45,314. $52.22/hr.
Tournaments: -$4,115
Overall: +$41,199

2015 compiled of 10 goals. In parenthesis next to each goal is how I ended up.
MY 10 POKER GOALS FOR 2015.
1). -Be up 6 stacks of high society by the end of 2015 playing 1/2nl up to 10/20nl. $60,000.($42,582)
2). -No Losing Months. (*April lost -$2,528).
3). -Log an average of 25/hrs a week.. (23.3hrs)
4). -Come in top 3 in the WSOP League Finale. Getting top 3 will win me a Las Vegas tourney package. (WSOP Packages are: $11k, $4k, $1,500. Finale is April 11, 2015). (*ended up getting 5th in Finale)
5). -Log 1,000+ hours at Horseshoe Southern Indiana's poker room. This feat will take me from platinum to diamond card. (*Diamond card achieved in July).
6). -Log 200 hrs in Jan and get the $400 promotional bonus HSI is offering. (HSI rake back promotion for Jan rewards a player $2 x hrs logged. 200+hrs requirement). (*Logged 202 hrs in Jan)
7). -Have a $10k winning month. (*January +$10,151 Overall)
8). -Have a $5k winning session playing 2/5nl or higher. (Nope)
9). -Have a $2k winning session playing 1/2nl.(*+$2,236 on June 26th at HSI. +$2,709 on July 10 at HSI
10). -Play a 24hr session (*May 18/19th at HCO+$1,059)

2015 POKER TOTALS
Cash: $44,412. $38.95/HR @1,140hrs
63% win. *Crushed 1/2nl @ $45.52/hr on 667 hrs. *Only $15.96/hr at 2/5/10nl on 185hrs.
Tournaments: -$1,830 74hrs
Overall: $42,582 on 1,214 total hours

2016
Attempted to go the whole month of March without talking. Lasted 8 days when I slipped and said, "Oh ****" while playing rummy with my daughter. No Talk March, #NTM, oddly led me into trading stocks where I started w $40k and ran it down to $20k and then back up. We toyed around trading on the daily, and learning the stock game.
*Didn't put in a lot of hours on the poker table and ended the year $21,759.

2017
$40K Challenge: Attempt 2.
Try to make $40k playing 1/2nl only.
The challenge got cut short on August 22nd when I received a lifetime ban from all Harrah’s properties for vlogging on premises. At that time, I was on pace to achieve this challenge.
Sold my Melody 5 plex. Put that money, and poker money on a penny stock that made me some serious cash. Use that to pay off my mortgage.
Ban was eventually uplifted.

2018.
No debt. No mortgage.
Monthly expenses have been lowered, and trying to live a semi retired life. But w little money leftover it feels I’m still trying to survive.
Money has been strapped ever since paying Uncle Sam 5 figs for profits on ENPH stock and capital gains of Melody, but we hv kept our head above water.
Didn’t track any poker this year.

2019
Got a heloc loan $70k (10k Sara and 60k me).
From that, we put $58k into the market and risked all on a couple high volatile stocks. $2k in the poker/life roll.
THE GOAL: end w total of $100k from pokerz and the stocks by the time we pay off heloc Feb of 2020.
#semiretired life hasn’t work out too great. We in debt again. Well, kind of...borrowing money from Sara’s heloc...who in fact owes me $110k (her remaining half on house) for when I paid off our house in 2017.
Yeah it’s weird...and confusing.

It’s hard! But then I dont really know any of you so that helps. I think it wd b harder if I was discussing these major downturns to family and friends.
In fact, u are the only ones that know what’s going on. I don’t discuss this stuff in too much detail to the wife and never bring it up w my close friends. I’m carrying this $30k loss (in 3 weeks) on my own and w the cyber 2+2 crew.

At the poker table, I’m the quiet one win I’m not winning.

Seriously man, someone needs to organize an intervention for regarding this trading.



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Current update.
I think we have a 2019 goal now. We talked about it, but never made it o’fish.

The last week of stock. Everything that could go wrong went wrong.



Just like our RH investment, this pic will be updated as well every Fri or Sat.



*Nio will be featured on 60mins Sunday night. Why did I ever leave her? Greed that’s why. The need for more.