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.
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.
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.
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.
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.
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.
Investing in gourd futures
Due to local fluctuations in the tropopause, the jet stream has been shifting rapidly in a counterclockwise vector, causing a rapid disincorporation of the Hadley vortex cells in the lower ionosphere. Because of this, the geostrophic solar wind balance has deteriorated rapidly in the northern hemisphere. In essence, autumnal weather patterns in the western United States will lead to the biggest ornamental gourd yield in recorded history. Investing in gourd agricultural futures could likely produce up to $1600 per day in passive income. However, investing at the apex of the curve would be the most conducive to profit as the arbitrage (particularly 12b-1 fees) will develop at a market share higher than the back-end load. Basically, no one will be able to buy the stock at a higher price than you, and all value invested will be retained. A preliminary market penetration investment of $50,000 would be most efficient in generating this revenue.
Due to local fluctuations in the tropopause, the jet stream has been shifting rapidly in a counterclockwise vector, causing a rapid disincorporation of the Hadley vortex cells in the lower ionosphere. Because of this, the geostrophic solar wind balance has deteriorated rapidly in the northern hemisphere. In essence, autumnal weather patterns in the western United States will lead to the biggest ornamental gourd yield in recorded history. Investing in gourd agricultural futures could likely produce up to $1600 per day in passive income. However, investing at the apex of the curve would be the most conducive to profit as the arbitrage (particularly 12b-1 fees) will develop at a market share higher than the back-end load. Basically, no one will be able to buy the stock at a higher price than you, and all value invested will be retained. A preliminary market penetration investment of $50,000 would be most efficient in generating this revenue.
Bears after a green day
It’s 4:01pm. Bears solemnly log out of their devastated brokerage account, get up from their makeshift desk made up of a stack of empty Michelina’s frozen lasagna dinners, head up the stairs of their father’s basement, grab the keys to their tan ‘97 Chevy Cavalier and a cloth mask embroidered with the word “VOTE,” and drive down the street to the local gay bar for a holiday themed burlesque show.
It’s 4:01pm. Bears solemnly log out of their devastated brokerage account, get up from their makeshift desk made up of a stack of empty Michelina’s frozen lasagna dinners, head up the stairs of their father’s basement, grab the keys to their tan ‘97 Chevy Cavalier and a cloth mask embroidered with the word “VOTE,” and drive down the street to the local gay bar for a holiday themed burlesque show.
I used to be a real ad