Wow, no idea he had that much of enph... crazy how couple of decisions can change the financial outcome so much... buy and sell nio, then buy hold enph... bs is sitting probably at 3 million, instead he did the reverse and busto.

that would have been a bad decision to buy and sell nio and buy and hold enph though it would still be all eggs in one basket, it's just like poker, bankroll management to reduce risk of ruin to virtually 0%

did he go all in margin on a stock? that's like playing the main event when you have a 10k bankroll

This guy stocks.

Oh no it is much worse. It is playing the 10k with a $0 bankroll and when you have lost some chips the prizes you can win are reduced, and ultimately you are disqualified while still having half your stack remaining, and you're presented the bill with interest.

but you need money as collateral when you margin trade no? you can't just do it with 0$ lol

Meh shouldn't have said $0 as depends on the lever. But anyways the bankroll is smaller than the 10k donkament you're entering.

Yea margin basically cost him his 60k and he was drawing dead almost

If BS really made $200k on that stock where did the $200k? Prepaid daycare for life + paid off the house?

Come on BS Spin it up. You still have 8 buy ins minus any life expenses. Good luck. I hope you still post here even if you lose your roll. Do you have a plan in place if you lose it?

You would think so, but not necessarily lol...check out reddit.com/r/wallstreetbets


https://www.marketwatch.com/story/tr...000-2019-01-22

I'm not sure I understand the end result, does he owe money?

Yeah I cdnt break. I can’t just not put n hours when my hourly says work. Wish I wd hv tho. Dropped another $500. Down shy of $2k life Roll.

-$400 of that today and -$100 yesterday.

Still forcing it too much.

Made it $45 w J6 in hj on a $7 button straddle after 4 callers.
Got heads up. Hit top pair Jacks did some betting and got out kicked w J10. Drop $ there.

Last $115. Call $5 button straddle n bb w Qd10d. 5 calls before it gets back to the active stradddler who makes it $30. I ship for $115. He makes the call w KQ suited.
Board runs out 9 hi ****storm. I say Q hi and then say bye bye.

this isn't forcing it, it's just playing terribly. Opening with J6s is debatable in LP with no limpers. 4 limpers it's just lolturrrible.

Look at your hourly over the last 20 sessions and that says "get a job".

J6 is a fold pre my dude. The most basic fold. Take some time off poker to get your head straight imo. Cannot mentally afford a loss. Good luck.

With the way you play you must be working 3 jobs.

The jam with QT suited is almost just as bad. If you give the villain a somewhat wide raise calling range of 11.2% of hands, which I threw in as 66+, KJ+, and some suited connectors down to 87s, QT suited is 38.6% against that range.

Even if you say top 21% of hands, QT suited is 40.8% against that range.

Against the first range you need villain to fold 30% of the time just to break even and you need them to fold 25% of the time vs the 2nd range, just to break even. Even if you are getting 50% folds and called by a range of top 21% the rest of the time you are only making ~$17 on this shove. If he is raising top 20% of hands, which is actually quite wide, and folding 50% of the time, but calling his top 10% of hands you are making like $12. I am tired, so my math may be wrong, but I think it is correct.

On a short roll in a game that we should feel we are the best player or in the top 2 players at the table this is just a terrible play, even if you can argue that it may be slightly profitable as you do not have the roll to sustain such swings to make such a small amount.

Should have the casino add butterflysymmetry daily punts to the promotions to entice players w those HHs.

Edit: in all seriousness, apply for some jobs so you aren't a super cash broke homeowner. You could save up money then for actual retirement, unexpected expenses (injury/good divorce lawyer), et cetera. As is, you aren't semi retired. And when you get older you won't have any positive income (based on trend if you play poker). If you wind up single you have no income, didn't work long enough to rack up a good pension, and will be living a pretty minimal life. On the plus side, plenty of time to make changes and get on track to have a modest retirement plan and improved expectations of quality of living.

How about that tennis match today, Ray! Novak wins thanks to three tiebreakers. Will we see all three with 20 GS one day?

The irony is Fed was something like 15-3 in tiebreaks in 2019 prior to Sunday's finals.

As an avid tennis fan and player... that was hard to watch... Fed played better in every category except pts in tiebreaks... that's what I hate about tennis... you can bagel an opponent twice and still lose. The dagger was holding 2 mp and not converting... that's twice now... us open sf a few yrs ago. Oh well... no point feeling sorry, Feds life ain't exactly hurting lol.

BS, take some time to regroup... do some side jobs to build up a bit. I thought the q10 wasn't horrible considering your stack size.. the j6 is but also the dude calling j10 was equally as bad to the squeeze.

I've always had the notion playing about 50-60 buyins live is optimal, well at 100 bb stacks. You're playing with 10 or less buyins.

When there are fish in the game the goal isn't to play as poorly as them though, it is to play better than them. If someone is limp calling JT you want to punish them with better hands, not get in a pissing contest with J6o.

I 100% agree with you, which is why I advised BS take a break... build up more a bankroll doing side jobs (tennis, handyman work, etc), before grinding. Knowing losing a stack or two is gonna affect your present life isn't going to do you any favor for your mindset at the table.

It sounds more like gambling to chase stock losses. Forcing action to try to win bigger faster in some get rich fast attitude. Like his mindset of planning to play the circuit event where it's a $400 buy in at least, despite him being a losing tournament player. In this thread I've seen no discussion of him studying, and he doesn't play during the most profitable times of the week.

Getting a job doesn't matter if Rayz keeps practicing the same BRM, he is always going to be countdown to cash busto under the current situation. Is there any doubt the only reason he isn't day trading right now is RH closed his account? There is no doubt the guy can spin it up in poker, he just has leaks like everyone else.

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I think it's more important to have a way to earn risk-free income when you are a hardcore spender/degen, because of the fact that he's frequently cash busto. You need to pay your bills and need to have buy ins for poker and if you're broke and have no way to generate money, you have to resort to stealing from department stores or your family. And nobody wants that.