[Copypasta] Thats why this place is so special.

Listen 5 years ago I wanted to get into investing. I came to this sub to get some advice. One guy helped me with a stock I could invest in. It was dipping for a few days and I kept asking what I should do and he said hold. Kept quoting Warren buffet On the third day I panicked and told him I had to sell. He sent me a video and told me to watch it before I sold. It was a guy getting railed by jpow. I lost 400 dollars that day but it taught me some lessons. Now look at me. Been investing for over 3 years now. I was even on this gme thing. Yeah I could of made 8x the profits instead of 4 but I consider that my own fault. But through this great sub and everything I have learned, I reinvested my profits and as of today I am down 5 grand. Thats why this place is so special.
February 2021

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March 2021

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

Am I The Asshole for not being able to trade options for my dad? I’m 6.

This started about 4 years ago when I was 2 years old. My dad started to supplement me 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 have retained absolutely nothing even though my dad has spent every waking minute trying to make me understand. He has done almost everything including having Jerome Powell's speeches play while I am sleeping and only having Warren Buffet on the TV to try and make me understand the market. Yesterday, he got to a breaking point when I couldn't differentiate between a straddle and a strangle even though we went through different strategies for almost a month straight. My dad finally convinced my mom that they were doing the right thing when he said that I will soon be a Wendy's worker begging my wife's husband for a weekly allowance because I will never amount to be anything. He 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, plz adopt me from Eternal Sunny Orphanage in Omaha, Nebraska.
September 2021

WallStreetBets

Am I The Asshole?

Ape rocket

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April 2021

WallStreetBets

Is that insider trading?

If you're a passenger on a newly recertified 737MAX and it starts to nosedive into the sea so you buy shitloads of BA puts over WiFi before impact, is that insider trading?
December 2020

WallStreetBets

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