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  1. #1
    Based ErnieMccracken's Avatar
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    A short story involving a new misc/wallstreetbets trader

    Great story arc. Wood read and lol again. This is how it works for 99% of new traders.





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  2. #2
    Registered User joocyness's Avatar
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    lmao retail investors when will they learn
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  3. #3
    Based ErnieMccracken's Avatar
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    Originally Posted by joocyness View Post
    lmao retail investors when will they learn
    Statistically, a retail investor has a far greater chance of making $1M at a casino than he does on wall st.
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  4. #4
    Registered User frankdtank20's Avatar
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    Options + beginner = uh oh.
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  5. #5
    Poverty Thierry Henry MetroBrah's Avatar
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    lol degens gone degen
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  6. #6
    Based ErnieMccracken's Avatar
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    Originally Posted by frankdtank20 View Post
    Options + beginner = uh oh.
    Miscers tell me how ballin' they are all the time, though. Coincels, too.
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  7. #7
    Registered User wutevs's Avatar
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    Buy high and sell low is the name of the game. Lol'd @ desperate attempt to save CC utilization.
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  8. #8
    Registered User Sterilite's Avatar
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    what are options
    John Hancock

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  9. #9
    Based ErnieMccracken's Avatar
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    Originally Posted by Sterilite View Post
    what are options
    It's like buying or selling a stock, but with 100x more risk. 80% expire worthless.
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  10. #10
    Poverty Thierry Henry MetroBrah's Avatar
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    Originally Posted by Sterilite View Post
    what are options
    Contract for the right to buy 100 shares per contract at a certain price. high risk, but high reward if you time it right. Most people don't actually execute the contract, but sell the contract as it rises in value. But you can get crushed by implied volatility and also time or theta
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  11. #11
    Fuk BLM luckyboy23's Avatar
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    Made 5k on my first ever option move through NFLX in one day.. Proceeded to slowly bleed that out into other options which turned into losing almost all profits.

    Long term accumulation, and dividend reinvesting is the only way to go for beginners IMO... Any fool out there could have made millions after March 20th, 2020. I only made a measly 115k. Could have made multi millions in hindsight if I put it in more than I was comfortable with. Very happy I pulled out, don't know how much I'm going to owe the tax man now.

    I'll be the only one to admit that I have absolutely no idea how crypto works, how it's backed, and what it's based off. Almost none of it makes sense at all. Zilch. I'm just lucky to be up in crypto due to a one day purchase $10k worth of random coins which I have forgotten about until recently. Besides that the coinbase fees are the biggest rip off.
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  12. #12
    Based ErnieMccracken's Avatar
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    Originally Posted by luckyboy23 View Post
    Made 5k on my first ever option move through NFLX in one day.. Proceeded to slowly bleed that out into other options which turned into losing almost all profits.

    Long term accumulation, and dividend reinvesting is the only way to go for beginners IMO... Any fool out there could have made millions after March 20th, 2020. I only made a measly 115k. Could have made multi millions in hindsight if I put it in more than I was comfortable with. Very happy I pulled out, don't know how much I'm going to owe the tax man now.

    I'll be the only one to admit that I have absolutely no idea how crypto works, how it's backed, and what it's based off. Almost none of it makes sense at all. Zilch. I'm just lucky to be up in crypto due to a one day purchase $10k worth of random coins which I have forgotten about until recently. Besides that the coinbase fees are the biggest rip off.
    Poast positions or GTFO
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  13. #13
    Verified American ☑️ Adnim's Avatar
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    lol how is NKLA even still publicly listed? Shows how corrupt chit is
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  14. #14
    Fuk BLM luckyboy23's Avatar
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    Originally Posted by ErnieMccracken View Post
    Poast positions or GTFO
    Currently at $76.00, phaggot. Cashed out.
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  15. #15
    Registered User OliverHeldens's Avatar
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    I'm up about $200k this month on options. But I don't do any "YOLO" ing.....
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  16. #16
    Based ErnieMccracken's Avatar
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    Originally Posted by luckyboy23 View Post
    Currently at $76.00, phaggot. Cashed out.
    Post your positions. It takes 30 seconds.


    .... or maybe this is just more tryhard nonsense from the biggest retart on misc looool
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  17. #17
    Banned PankcakeBrains's Avatar
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    I sell options to retards

    gonna prob start selling options on bitcoin pretty soon lol
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  18. #18
    Based ErnieMccracken's Avatar
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    Originally Posted by OliverHeldens View Post
    I'm up about $200k this month on options. But I don't do any "YOLO" ing.....
    That's it? Or is that a lot of money to you?
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  19. #19
    Registered User Slamt's Avatar
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    dude put his rent money on nkla fkin lol

    daytradingcels, when will they learn
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  20. #20
    Fuk BLM luckyboy23's Avatar
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    Originally Posted by ErnieMccracken View Post
    Post your positions. It takes 30 seconds.


    .... or maybe this is just more tryhard nonsense from the biggest retart on misc looool
    You're obsessed with me at this point.. Mental gymnastics.

    https://forum.bodybuilding.com/showt...hp?t=179120591

    https://forum.bodybuilding.com/showt...hp?t=178662921

    Search for my posts. Screenshots and positions in there... If you actually care, you're more concerned about "exposing" me and trying to one up. Give it a rest little boy.
    You want to see my 76 bucks right now?
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  21. #21
    Based ErnieMccracken's Avatar
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    Originally Posted by luckyboy23 View Post
    You're obsessed with me at this point.. Mental gymnastics.

    https://forum.bodybuilding.com/showt...hp?t=179120591

    https://forum.bodybuilding.com/showt...hp?t=178662921

    Search for my posts. Screenshots and positions in there... If you actually care, you're more concerned about "exposing" me and trying to one up. Give it a rest little boy.
    You want to see my 76 bucks right now?
    You said you made $115k. Post your positions. Neither of those links are it.

    Post them here or admit you're a fraud. If you decline, the answer is obvious.
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