[Copypasta] 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

https://www.reddit.com/r/wallstreetbets/comments/kd6fsb/what_are_your_moves_tomorrow_december_15_2020/gfun1g2
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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

How traders politely decline the second date

I discovered recently if I am on a date and I’m not that interested in a second, all I need to do is start talking about my stocks. They won’t ask for another one then, I won’t have to politely decline.
December 2021

WallStreetBets

Buying calls on Gamestop

I can't believe that after fifteen years of trading, my best trade of all time is going to be buying calls on fucking Gamestop.
January 2021

WallStreetBets

Fuck you all, I’m never listening to this sub again.

Yesterday I said we’d see a rally like we’ve never seen before I was ridiculed and the market went down this morning so I accepted defeat and sold my nvda calls and got tesla puts. My account is down bad right now. I also hedged with a tesla call so hopefully I’ll make something. Somehow oil also tanked. Fuck you all. I’m only listening to myself now. You’re all retarded and so am I for listening to you. Edit: not sure why some of you degens think I’m blaming you. Of course it’s my fault. This is a shitpost update. Stop taking it so seriously you retards See you tomorrow
March 2022

WallStreetBets

HODL

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February 2021

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