[Copypasta] Hopefully the FBI can find Jack Ma

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

I am going to short the whole country of South Africa

I assure you, this ISN'T going to get political. Because by all accounts South Africa is screwed. My planned position is bottom paragraph. Under the current ANC government there has been a general degeneration of all aspects of South Africa. Due to systemic nepotism, there are math teachers that don't know what square roots are, army officers that can't read, and cops that have never fired a gun. The practice of fictitious employees that take checks but don't work there is widespread enough that the government has drove itself into insolvency already. Estimates are that some 80% of government funds are misused in some way, ranging from government subsidies given to businesses owned by government officials to simply going missing from accounts. The ANC solved this, against advise of wiser people, with quantitative easing. Which is a fancy term for printing money, and since they could never possibly reverse that printer they're inflating the South African Rand which is why they've had two bouts of inflation near 9% twice in the past 20 years. That is all besides how the largely defunct government doesn't prevent anything on the ground. Roaming bands of pirates (many affiliates of the Marxist Economic Freedom Fighter party) will poison guard dogs and torture and murder residents often for as little as car keys and groceries. Many communities are functionally independent and take the law in their own hands, and in many areas utilities are defunct (untreated sewage goes in the river, untreated tap water comes out and it smells as disgusting as it sounds). South Africans are more likely to have their asylum applications accepted than any other nation as there are so many tales of rape and murder and threats of ethnic cleansing. This equates to the most educated citizens leaving SA and most SA based businesses diversifying out of the country as literacy rates have been falling. These disillusioned departures are not new, as they include the most famous Afrikaner in history Elon Musk who is now a naturalized American. Edit: The Economic Freedom Fighter's usual acronym isn't used because it's also the ticker for a penny stock. I first thought about shorting South Africa over a year ago when I was researching the country (I'm a historian, I read much on the country for fun). I found the only index tracking SA (EZA) wasn't an accurate representation of SA economy and buying puts on it was useless. It tracked only the largest cap firms, which are the aforementioned companies diversifying out of SA (mostly to other parts of Africa). Which is why it's a volatile ETF that overall trades sideways. Buying puts on it wouldn't really capitalize on SA going full Rhodesia/Zimbabwe. Zimbabwe having experienced the general breakup of modern institutions and hyperinflation due to similar problems. My new broker, IBKR, allows negative currency positions as long you post 10% as collateral. Now my native currency are US dollars, where inflation in 2020 was 1.4% while the South African Rand's inflation was 4.12% in 2020. That equals a 26.8% return on investment per year from that simple short position. But I'm expecting US Dollar inflation to stay between 1-2% a year while the Rand (ticker ZAR) stays north of 4% with inflation spikes inevitable over the next decade. This position also reduces my market beta, much needed for me as I've got hugely leveraged positions on American ETFs. This isn't a short term swing trade, I'm waiting for SA to implode.

February 2021

WallStreetBets

Unrealized losses

She runs her hand through your thinning hair and laughs. “What?” you ask absentmindedly. You’re looking at Futures, and you’re surprised to see them red. “I want you to play with me.” She says it playfully, but the single ounce of you that isn’t totally aloof realizes she said this in earnest. And so you do. You throw your phone, and you pin her to the sofa, then the ground. You both roll about, wrestling, like lion cubs. Kissing, lightly biting. Sometime later, you both stop, breathing hard. She grabs an open bottle of red wine, and you pass it back and forth. Eventually she says, “I want to do that more.” But you’ve already found your phone again to check Futures. Still red. “Uh huh,” you say, distracted. She stares at you for a long moment, but you don’t realize it. Silently, she gets up and goes to bed, and you don’t say a word because you don’t notice. She hasn’t left you yet, but she will soon. Unrealized losses.

December 2020

WallStreetBets

NOT. SELLING. GAMESTOP.

🦍 🍌 🦍 🍌 🦍 🍌 🦍 🍌 🦍 🍌 🦍 🍌 NOT. FUCKING. SELLING. 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 NOT PRESSING “SELL” ON 1. FUCKING. SHARE. 💎 🤚 💎 🤚 💎 🤚 💎 🤚 💎 🤚 💎 🤚 I’LL GO TO $0.00 BEFORE BILLIONAIRES GET ONE MORE PENNY FROM US. 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 CAN’T STOP. WON’T STOP. GAMESTOP. 💎 🤚 💎 🤚 💎 🤚 💎 🤚 💎 🤚 💎 🤚 TOMORROW, I THINK I’LL BE HOLDING THE LINE. MAYBE MAKE SOME TENDIES, TOO. 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 I’LL SEE EVERY ONE OF YOU BEAUTIFUL APES ON PLUTO SOON, AND IT’S GOING TO JUST BE A SEA OF SPARKLING DIAMOND. 💎 🤚 💎 🤚 💎 🤚 💎 🤚 💎 🤚 💎 🤚 I LOVE YOU, ALL, AND I’M NOT SELLING, AND I’M NOT FUCKING LEAVING. NOT ONE. FUCKING. SHARE!!! 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀

February 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

[Copypasta] Hopefully the FBI can find Jack Ma

WallStreetBets

WallStreetBets

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

WallStreetBets

I am going to short the whole country of South Africa

WallStreetBets

Unrealized losses

WallStreetBets

NOT. SELLING. GAMESTOP.

WallStreetBets

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

Am I The Asshole?

WallStreetBets

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