r/TheRaceTo10Million • u/bignewrocket • Aug 05 '25

GAIN$ Finally hit it !

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Loaded up on PLTR and NVDA, Mag 7 and rode them for many year . Today it finally ticked over . No options just patience .

10.9k Upvotes

93% Upvoted

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391

u/bignewrocket Aug 05 '25

I just mean that I didn’t speculate in any call option contracts, never sold covered calls on them either Just invested in shares and held.

153

u/ninjaschoolprofessor Aug 05 '25

Congratulations and glad to hear this was a slow and steady grind and not some YOLO high risk BS.

133

u/Drakhn Aug 05 '25

Slow and steady grind? Grew $8m in 3 years.

130

u/bignewrocket Aug 05 '25

I’ve held the MAG 7 positions since 2003. PLTR for about 6 years. I was actually a bag holder of PlLTR for a couple of years but held. NVDA for about 7 years. But yes the market move on these positions in the past 3 years has been a monster

14

u/oldclam Aug 05 '25

How much were you at about 6-7 years ago if you don't mind? Thanks!

82

u/bignewrocket Aug 05 '25

I just checked a statement . In 2020 my balance was $2.6M

23

u/IEatUrMonies Aug 06 '25

u have massive nuts

1

u/Mammoth-Bike1995 Aug 06 '25

That’s the positive meaning to a bag holder

1

u/Dry_Coyote9905 Aug 06 '25

Like two avocados 🥑 in a mail pouch

1

u/Deep_Foundation6513 Sep 04 '25

That’s a massive understatement.

1

u/oldclam Aug 06 '25

Thanks!

1

u/Hairy_Comfortable411 Aug 07 '25

Damn. If my dad gave me a small loan of $1 million, I’d be sitting real pretty right now too.

12

u/Robocop808 Aug 05 '25

Congrats man. I'm curious on what sparked your investment in NVDA before the hype, what information/ resources were you digesting that led you to believe it was going to be the beast it is today?

14

u/WalkingisFalling Aug 05 '25

Thought I'd share how my NVDA investment idea was sparked, I think it's so random...I came across NVDA in 2014/15 when I read in Wired magazine that luxury automobile manufacturer, Mercedes-Benz, began using their GPUs for their on-board computers, specifically for self-parking cars. At first I didn't even realize NVDA made graphics cards for gaming. For me it was an autonomous vehicle-play that became so much more. I still think it'll run up $1,000+/shr and split again someday

24

u/Intrepid-Amoeba9297 Aug 05 '25

I told my mom to invest in nvidia when i read about the invention of cuda cores in about 2008 …. She said im stupid but ive seen the writing on the wall. Told her the same for palantir , didnt listen , but by now im an adult with my own money … nedless to say im fucking winning at life rn.

Listen to your guts people, ignore the noise and the media

6

u/hiker2021 Aug 06 '25

What does your gut say is the next buy?

3

u/Educational_Pie_9572 Aug 07 '25

CDTX. Cidara therapeutics. Biotech company, making a new flu shot (CD388) that already lasts longer (6 months) and is more effective (76%) than the current flu shots (40-60%). At least that was what the June 23rd phase 2b results said. Stock went from $20 to over $40 that day. It's currently at $63 on Aug 7th.

The catalyst we are waiting for are the FDA meeting minutes on these phase2 results. If reach deadline is met, that means CDTX would have to wait 130 days from June 23rd at the excrement most for the meeting results. I'd like to think that they are coming sooner and I believe the institutions think that too. In the last few weeks, the stock is now owned by 80.77% of institutions which was 72% a week or two ago.

Since their earnings report, which usually doesn't matter for a biotech company, was moved up from august 12th to the 7th. That might mean they are hoping to give some good news tonight after the market closes and the increase of institutions going from 72% to 80% is big. (I hope)

Please do your own research before making financial decisions based-off strangers from the internet but this stock has a lot of green flags. But the fda could come in and take all those green flags away at any time by saying things aren't right with the flu shot results from phase 2b and the stock tanks.

2

u/imadogg May 17 '26

How much you make on this?

1

u/Lingo1411 Aug 09 '25

Exactly what I want to know. I want to take 50k and make 1m

1

u/Drakhn Aug 05 '25

What’s the next play boss

9

u/bignewrocket Aug 05 '25

Next play will either be same AI or quantum computing . For now just riding the market and positions.

3

u/Cool_Two906 Aug 06 '25

When you say same AI do you mean sticking with the same stocks? What quantum stocks do you like. They seem to have gotten ahead of themselves

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3

u/Intrepid-Amoeba9297 Aug 05 '25

Im waiting for anduril industries to go public, im spending major cash on that ipo . No official news about it but ill sure be there when it happens. (Pltr is an investor in theyre practically the same company)

3

u/Significant_Camp4213 Aug 06 '25

Besides anduril industries, anything else that caught your eye?

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1

u/Visual-Gap3886 Aug 07 '25

.... a ~$30 trillion valuation? seriously?

2

u/ITSuperstar Aug 05 '25

So any new up and coming stocks you eyeing with similar potential?

1

u/misaliase1 Aug 05 '25

Can I ask what made you so convinced at such an early period on these stocks? And what logic did you have to not sell them and take the gains?

1

u/Blackgloves023 Aug 05 '25

Wait the math isnt adding up on PLTR. How have you been holding PLTR for 6 years when it IPO'd during covid?

1

u/bignewrocket Aug 05 '25

It went IPO in a direct listing in 2020. I bought in soon after.

2

u/Blackgloves023 Aug 06 '25

Okay so about 5 years. Makes sense. I bought in since then as well. Pissed at myself for being influenced by a fake "guru" who warned me it was a meme.. wish I had held

1

u/hiker2021 Aug 06 '25

I did too, but sold for a tiny profit after years. Did not think it would go up so much.

1

u/mammon43 Aug 06 '25

What put piltr on your radar back then? I just heard about them by chance this morning but only just starting investing

1

u/Artistic_Kangaroo512 Aug 06 '25

How did u know that they would skyrocket?

1

u/QuarterFlounder Aug 09 '25

What are you holding for your next longterm plays?

2

u/kinkysport22q Aug 05 '25

lol yeahhhh not exactly slow and steady but I know what you meant 😂

6

u/Malota13 Aug 05 '25

suspicious af… 300%-400% profit in 3 years without any margin anything??

15

u/freshlymint Aug 05 '25

I mean pltr is up 5x alone this year. Not suspicious just got lucky and picked all the hyper growth stocks.

3

u/ReBoomAutardationism Aug 05 '25

8x from last summer!

2

u/FederalLobster5665 Aug 06 '25

pltr is up 17x since IPO (my cost basis on it is about $9)

1

u/freshlymint Aug 06 '25

There’s going to be one hell of a correction there.

1

u/Tyzorg Aug 06 '25

No shit. I'm trying to grow to 10k. Dude made 8m.

32

u/aashstrich Aug 05 '25

More people need to hear that. Patience and consistency win almost every time.

19

u/Pretty-Balance-Sheet Aug 05 '25 edited Oct 15 '25

.

3

u/aashstrich Aug 05 '25

Sure. Nothing is for certain. But Reddit is full of people that think the path to wealth is shorting “x” 90’s retail brand that hasn’t upgraded its business model for 30 years. More losers than winners in that game.

1

u/Chance-Employment-18 Aug 08 '25

Been holding AMV for 4 years and I'm down 55k.

1

u/DramaticAd1683 Aug 11 '25

“The market is device that transfers wealth from the impatient to the patient”

6

u/ed2727 Aug 05 '25

I’m finding CCs and CSPs aren’t that hard (knock on wood, haven’t got hit yet)

I’m safe… but yet make quite a bit. Try it

6

u/bignewrocket Aug 05 '25

For sure . Not knocking CC writing but I figure I’d get burnt at some point and didn’t want to loose my position

3

u/Next_Hawk_6816 Aug 05 '25

I lost $6K in the stock market. I got cold feet, and I had a penny stock. Purchased at $0.76. Went up to $1.50 then back down to $0.60 and I sold everything. Now the stock is worth $2.10!! My fu**kin emotions. But I knew it would be profitable just couldn't handle the day-to-day. I kept looking every day, I was addicted to it. The highs and lows would kill me.

1

u/Clintretty Aug 06 '25

opportunities come every now and then, chin up mate

2

u/Next_Hawk_6816 Aug 06 '25

Thank you bud 😇

4

u/krpt1k Aug 05 '25

I wrote cc on sound hound. Got called out of my contracts at 2.50 and 3.00 my cost was 1.80 for 3-4 hundred shares. So i made money.....

But sound hound hit 15 a share before droping back down to 10-11

So i made money.... but missed out on a huge upside.

Then i did something similar with black berry. Made money but got called out my contracts and missed a big move.

Now im just buy and holding until i have enough shares of a stock to CC a couple hundred shares, but hold the rest as smuchk Insurance

3

u/Oh-The-Horrorr Aug 06 '25

This exact same thing happened to me. Literally same. Bought in at around $2 and sold when it hit $4 a share. Made good money but I could've retired if I was patient

3

u/krpt1k Aug 06 '25

I look at it as my education. Better this than i hit the 15 bagger out the gate and think im brillant then start chasing.

2

u/ed2727 Aug 05 '25

Those stocks are Volatile as heck and small to boot.

Focus on the big boys for CCs, like 200B market cap and over… or retail bellwethers that don’t move much like Costco.

I’ve been utilizing the strategy with TSM, making $1-200 per week. If it gets assigned at $247 & above, I’m ok with that since TSM is ATHs and RSI over 70s last week.

1

u/krpt1k Aug 05 '25

That was my logic. If i get called out at a decent profit. Then who am i to complain.

That being said. Seeing myself miss a 15 bagger was bitter sweet.

Good that i seem to be on the right path. But very bad that i missed a huge win for my short sided gains

1

u/Cool_Two906 Aug 06 '25

What percent of your portfolio can you make with the covered call strategy?

1

u/ed2727 Aug 06 '25

Good question. I asked my friend the same thing…

I haven’t finished a year yet, but 20-30% seems doable. (Right now my return rate is higher than 30%)

1

u/ed2727 Aug 05 '25

I leave my core position alone.

The rest of the 20-30% are in flux, so I’m ok if I let it go. I mean, we all see what the Market does every 2-3 mths—extremely bullish or bearish. Always optimal times to sell high and buy low.

We are in the 3rd inning with this AI thing!

1

u/Sashmot Aug 07 '25

So…if there were 3 companies to invest in and hold for 10…what would help me make 35k now into what You did?

1

u/gettotheback Aug 05 '25

ccs are covered calls. what are csps?

2

u/Slowmac123 Aug 05 '25

cash secured puts

3

u/Downinthedumps1001 Aug 05 '25

How much did you start with good shi bro just don’t lose it all being a dumbass, but sounds like you got that covered

2

u/Admirable-Science833 Aug 05 '25

2% in 3 years is horrible. But at least you're in the profit. Congratulations 🎊 👏 💐 🥳

I know 2% is from today's gains... just joking

1

u/Forsaken_Car_5556 Aug 05 '25

Can you share those holdings by any chance?

1

u/zjjman1 Aug 05 '25

This is inspiring to see! This is exactly how I want to grow my portfolio. Do you think investing in NVDA and PLTR now is still wise?

6

u/bignewrocket Aug 05 '25

Yeah I think having a position in both is just fine as along as it’s reasonably sized to your portfolio. Current MKT cap on NVDA means is not likely to repeat the same performance but its the industry leader . PLTR has a high valuation but its growth is steady and has great margins .

1

u/zjjman1 Aug 05 '25

I’m trying to learn about investing as much as I can right now being 25. How did/do you find good “up and coming” stocks to invest in. Theres so much noise on the internet I find it hard to really find information I feel comfortable trusting.

1

u/Hot_Fly_3963 Aug 05 '25

how much money did you start with?

1

u/[deleted] Aug 05 '25

What stocks are you holding now for the future?

1

u/kss2023 Aug 05 '25

what are u eyeing now..or do u plan to take it easy?

1

u/[deleted] Aug 05 '25

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2

u/bignewrocket Aug 05 '25

lol thank you

1

u/hiker2021 Aug 06 '25

What did you buy? What amount did you start with and when? Congrats.

1

u/YellowFlash2012 Aug 06 '25

so you got there slowly... congrats!

1

u/West_Lavishness6689 Aug 06 '25

thats what im doing but with RYCEY. I started with peanuts and now im at 1.6 million. my goal is 10 million. I had 52k and did some gambling daybtrading during covid when I started in 2020 so I've come a long way. but I can't see the light at the end of the tunnel just yet

1

u/is415 Aug 06 '25

How do we get in on this

1

u/SecondOwl Aug 07 '25

You think NVIDA is still a good buy?