u/VinniMan ·
Reddit — r/wallstreetbets
· September 05, 2026 at 17:47
· ⬆ 265 pts
· 💬 329 comments
| View on Reddit ↗
AI Summary
Summary
User describes turning £60K into £1M through highly leveraged options trading, then losing it all in a short period due to increasingly desperate bets.
In 2026, another large drawdown has left only £100K; the post is primarily about psychological distress and regret, including fixating on low-risk UK gilts as a path he could have taken.
Quality assessment: Noise — no research, no market thesis, no specific tickers; it is a personal gambling-loss story.
Score265
Comments329
Upvote %76%
▶ Full Post Text
Im looking for some advice, I had a great run in 2025, I was up 1300% at some point, I slowly grinded £60K to £1M in 9 months, then I made some really stupid things, which led to more desperate moves (all in options), and i lost it all between October and December.
This year has not been kind to me, im currently down 25%, I actually had an insane start to the year, I think i was up almost 200% ytd in February, but then the Iran war started, I never got back in during April and May, so my account never recovered, by the time I got back I was June and well.. we all know how the last 3months have been.
Now the good news is I still have £100K left but psychologically I cant get over, I keep getting adverts about UK gilts at 5%, £50K a year is more then the average wage of the UK, I am in my 30s, I could've literally just retired but I threw it away like a retard
How do I get over this? I thought i did it once ill make it back again but this market has slapped me in the face more times then I can count
Has anyone else been through this? How did you get over it?
I really need help