[Copypasta] Anyone basing trades on technical analysis right now is a fucking tool

So many arrogant fucks here love talking technical analysis when they can't even do basic fraction arithmetic much less understand Ito Calculus. Fucking clowns, all of them. Shut the fuck up and do your trades. If you really need a number you can't even derive to tell you whether you should buy a stock or not you deserve losing all and hanging yourself. Newsflash, the stock market never made sense nor will it. Best you can do is trade shit you know about and feel still hasn't been spotted by the bandwagon of smooth brains on subreddits like this one or r/stocks . Or alternatively manipulate the market like the rich investors you look up to do. Warren Buffet's dad was a politician, if you think that shit didn't help that fat fuck then not only are you retarded but also delusional. Now stfu about volatility and RSI. If you actually knew what the fuck was going to happen you'd be chilling in Hawaii with a fat titty chick not on Reddit posting "technical analysis".
February 2022

WallStreetBets

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$600 should last us for at least 5 months

Our government is so kind and caring for us. Waits till the very last minute to finally pass something and gives us $600 which should last us for at least 5 months. God bless this country
December 2020

WallStreetBets

Darth Bearish the Regarded

Did you ever hear the tragedy of "Darth Bearish the Regarded"? I thought not. It’s not a story any bull would tell you. It’s an ancient Bear legend. Darth Bearish was a Dark Lord of the Bears, so well capitalized and so regarded he could use Leverage to influence gamma to create profits… He had such a knowledge of the dark side of Leverage that he could even keep other traders he cared about from being margin called. But the dark side of Leverage is a pathway to many abilities some consider to be... unnatural. He became so bearish… the only thing he was afraid of was losing his positions, which eventually, of course, he did. Unfortunately, he taught his apprentice everything he knew, then his apprentice reversed his positions in his sleep. Ironic. He could save others from bankruptcy, but not himself!
June 2022

Tragedy of Darth Plagueis The Wise

WallStreetBets

Ape rocket

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April 2021

WallStreetBets

Am I the asshole for dropping my 6 year old son at an orphanage for his inability to trade options?

This started about 4 years ago when my son was 2 years old. I started to supplement his picture books and cartoons with beginner options books and Martin Shkerli's live videos on how to pick pharmaceutical stocks. Over the course of these years I feel like he has retained absolutely nothing even though I have spent every waking minute trying to make him understand. I have done almost everything that I have thought of including having Jerome Powell's speeches play while he is sleeping and only having Warren Buffet on the TV to try and make him understand the market. I felt as though I got to a breaking point when he couldn't differentiate between a straddle and a strangle even though we we went through different strategies for almost a month straight. I finally convinced my wife that we were doing the right thing when I said that he will soon be a Wendy's worker begging his wife's husband for a weekly allowance because he will never amount to be anything. I couldn't fathom raising a kid who was not able to able to make a profit from trading options by the time he was 10. With all that said if anyone wants a 6 year old child who is shitty at market strategy check out Eternal Sunny Orphanage in Omaha, Nebraska and maybe your luck will be better than mine with him.
September 2021

Am I The Asshole?

WallStreetBets

GME bank consultation

Short story-time for amusement reasons only: some days ago, I went to my bank (Austria). I am the owner of quite a number of GME shares and my broker app is actually just the bank-intern bond trading app, where I need to pay transactional feed everytime I buy (what is sell?) GME shares. I informed myself about the reasoning of those transactional fees beforehand and found out that by paying them, I have the right of consultation by my bank about the shares theyβ€˜re trading/Iβ€˜m buying. So, I went to the main national building of my bank, they were really friendly at the beginning, enthustiatically, I mentioned GME to them and that I wish for professional consultation about the financial details involved with that stock (I am not a financial guy, actually, I donβ€˜t exactly know whatβ€˜s going on, itβ€˜s all pretty crazy to me). Suddenly, their posture and mimick changed pretty suddenly. I was told, they are not allowed to consult about GME. To my question, why this was the case, they told me, because GME is β€žtoo irrelevant for the big stock marketβ€œ. They are β€žaware of the past short squeeze, but one should no longer focus on GMEβ€œ. They acted as if GME was some β€žchildish financial playgroundβ€œ that should be forgotten about. When I confronted them with the huge recent naked short attacks and if they could explain to me possible effects of them if they were not covered, they just repeated themselves how β€žGME is not relevant, please focus on stocks like Apple or Amazon to be safeβ€œ. I left the bank, buying more GME shares.
April 2021

WallStreetBets

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