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.
I used to be a real ad
More WallStreetBets Copypastas
Unrealized losses
She runs her hand through your thinning hair and laughs. âWhat?â you ask absentmindedly. Youâre looking at Futures, and youâre surprised to see them red.
âI want you to play with me.â She says it playfully, but the single ounce of you that isnât 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, âI want to do that more.â
But youâve already found your phone again to check Futures. Still red. âUh huh,â you say, distracted. She stares at you for a long moment, but you donât realize it. Silently, she gets up and goes to bed, and you donât say a word because you donât notice.
She hasnât left you yet, but she will soon.
Unrealized losses.
WallStreetBets
Christmas for a wsb trader
As the tree blinks from white to red to green, you look at the void under the tree that previously held presents. Fewer this year than usual, but some.
How did you get here? Boredom? In March, you felt trapped with your wife and infant. You needed something to pass the time. Something you could throw yourself into fully.
âAre you coming to bed?â your wife yells down the stairs. It seemed harmless at first, but as the pandemic drew on, so did your investment. Youâll stop soon, though. âSoon!â you reply, and you hear her feet climb the steps.
The lights start to blink chaotically. You cringe because you could only afford the junk strands at CVS. Suddenly they haltâthe alternation feature brokenâon red. The red fills the room and covers your flesh. You look down at your hands, and they look like theyâre bleeding. Like your calls.
After a timeâhours?âyou realize youâre sitting in complete darkness. Your lights have expired, worthless.
WallStreetBets
Don't use the "F word" on the trade floor
Just heard an employee use the âF wordâ on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but donât you dare talk about Fundamentals here.
WallStreetBets
Darth Bearish the Regarded
Did you ever hear the tragedy of "Darth Bearish the Regarded"?
I thought not. Itâs not a story any bull would tell you.
Itâs 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!
Tragedy of Darth Plagueis The Wise
WallStreetBets
Priced in
Don't even ask the question. The answer is yes, it's priced in. Think Amazon will beat the next earnings? That's already been priced in. You work at the drive thru for Mickey D's and found out that the burgers are made of human meat? Priced in. You think insiders don't already know that? The market is an all powerful, all encompassing being that knows the very inner workings of your subconscious before you were even born. Your very existence was priced in decades ago when the market was valuing Standard Oil's expected future earnings based on population growth that would lead to your birth, what age you would get a car, how many times you would drive your car every week, how many times you take the bus/train, etc. Anything you can think of has already been priced in, even the things you aren't thinking of. You have no original thoughts. Your consciousness is just an illusion, a product of the omniscent market. Free will is a myth. The market sees all, knows all and will be there from the beginning of time until the end of the universe (the market has already priced in the heat death of the universe). So please, before you make a post on wsb asking whether AAPL has priced in earpods 11 sales or whatever, know that it has already been priced in and don't ask such a dumb fucking question again.