[Copypasta] Red futures :(

Bought a bunch of calls thinking I was going to be able to afford an escort to shit on my chest, now it's these red futures that are shitting on my chest.
February 2021

WallStreetBets

https://www.reddit.com/r/wallstreetbetsOGs/comments/lp6i1r/what_are_your_moves_tomorrow_february_22_2021/gob8p5c/
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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?

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.
December 2020

Classic

WallStreetBets

GameStop vs Amazon

i’m not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor. market cap isn’t there yet, but the company plan is on track. also Jeff Bezos is the target of every major corporation now. Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated. Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming. GameStop is targeting Amazon to be the epicenter of e-commerce/gaming. this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop. so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.
September 2021

WallStreetBets

The Battle of Gamestop rages on.

The Battle of Gamestop rages on. Pre-market we could hear the bears in no-man’s land, baiting us towards higher prices so the shorts could do their dirty work. I was stationed at the 13.80 line, and knew the morning was going to be hot. I shoveled a breakfast of tendies and said a quick prayer to Father Cohen. When the bell rang, the bears surged into our trenches. Blood and rainbow fur filled the air and littered the ground. The Diamond Division has seen worse days, and we held firm. As the bears retreated we gave chase to retake ground we’d lost in the past week. As I caught my breath near the 14.50, I could see bodies everywhere; paper hands who had fallen in earlier battles. One of them groaned and reached a hand towards me. I spat on him and kept moving. No honor in retreat, and no sympathy for self-inflicted wounds. This war won’t be won in a day, but it will be won. Tell my wife’s boyfriend to tell her I love her.
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

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