[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

https://www.reddit.com/r/wallstreetbets/comments/shrexz/anyone_basing_trades_on_technical_analysis_right
Waiting for adblock to be disabled
More WallStreetBets Copypastas

The real power of compounding

Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
December 2020

WallStreetBets

Oh my gourd, I am financially ruined (agricultural futures)

I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
January 2021

Classic

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 they‘re trading/I‘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 don‘t exactly know what‘s going on, it‘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 „too irrelevant for the big stock market“. They are „aware of the past short squeeze, but one should no longer focus on GME“. They acted as if GME was some „childish financial playground“ 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 „GME is not relevant, please focus on stocks like Apple or Amazon to be safe“. I left the bank, buying more GME shares.
April 2021

WallStreetBets

Mitch is the type of dude who...

Mitch McConnell shaves his face with the same razor he shaves his nuts and butt hole Mitch the type of guy to put on sunglasses to get another free sample at Costco Mitch the type of guy that says "you too" when the waitress tells him to enjoy his meal. Mitch the kinda guy to leave “smile more” on the tip section of a receipt Mitch is the type of dude who says "Ni Hao" to the waiter at a Thai restaurant Mitch the type of guy to shower then shit Mitch McConnell claps when the plane lands Mitch is the type of dude who thinks crest toothpaste is spicy Mitch the kind of guy that uses self checkout with a full cart.
December 2020

WallStreetBets

I challenge you to “Turtle King”

Before my ban, someone challenged me to a duel with cocks. I challenge you to “Turtle King” instead. We each dock our unhardened cocks into each other, then we put on clips of Yellen speaking during FOMC meetings. The first to effectively go from flaccid to erect and push the other out of the “dock” is crowned Turtle 🤴. Dual me, I’m 4-0.
October 2021

WallStreetBets

More WallStreetBets Copypastas
Text-to-Speech Playing