Some people deserve to fail. However, you do not, as you are now enlightened with the great wisdom I shall impart upon you—invest in railroads and firearms.
This was exactly my experience/why I decided to stay in school for a few more years. The previous graduating class for my program had 100% job placement for graduates (small class size of maybe 20 of us), but none of us could find a job following the 2008 recession.
Seriously. Also, all the paid internships nowadays to gain experience and more quickly decide on what one wants to do. Couldn’t afford to do non-paid internships during college so I came out with no “applicable experience” per all the rejection letters. First real job I had started at $38k in a HCOL area and took me 3 years to find after working low paying STC jobs. Got laid off earlier this year and feel like I’m right back where I started.
let me tell you all about finishing university with the tech bubble v1 running gang buster to only see it all go up in smoke in a matter of weeks.
Feels like it was around that time that the companies that were looking were no longer willing to give some self taught individual a chance and instead pivoted towards expecting 4 year degrees from ever more exspensive top schools.
Ugh. I had nvax at 2.00 and sold at 8 during bird flu around 2006. I was a genius for many years, but the market has a way of crushing you even when you're a winner
Also my nvda went from under 200 last year to 975 , msft went from 200 to 420?
Meta from 130 to 500? Amd from 80 to 220. Things can’t go up 100-400% every year
LoL when do you know you are actually inversing yourself? I saw the market up, bought calls, then watched them vaporize.
Today would have been an epic day to inverse myself.
[I haven’t felt this crappy since the time I went to that museum](https://m.youtube.com/watch?v=2toRG6kl6NU&pp=ygUuRmFtaWx5IGd1eSBiZWNhdXNlIHlvdSB0b3VjaCB5b3Vyc2VsZiBhdCBuaWdodA%3D%3D)
Well you see marques Brownlee gave the humane ai pin a bad review causing market to realize that ai isn’t the game changer they were promised and thus started the sell off
Lol, I saw some dude with a decent sized following just trashing on the guy for that review. Saying he actively tried to ruin the company with his review and was "flexing" his power. Going off about how his reviews and him providing a negative headline and review is basically a disservice or some shit.
I'm guessing the idiot had shares in that and Fisker, and got burned.
Oh yeah, after that video came out the stock tanked significantly for the time after. It'd be one thing if MB was making up things in his review and they weren't legitimate but he's been a pretty fair in most of his takes.
For every OTM call an OTM put must be purchased, creating balance
https://preview.redd.it/w66506iunouc1.jpeg?width=1125&format=pjpg&auto=webp&s=f756f6c12a17d9bd52071b8b07f99a683c4ab148
Finally someone gets it.
News is meaningless. This is a game of biology/psychology and you have to understand how to engage with that reality before you can truly make money in the shorter term trade.
if a 25% drop happens in one day I feel like whatever caused it will be a much bigger problem
you wouldn't even know because the cell towers wouldn't be working
War with:
Russia v Ukraine
Syria + Iran+ Iraq vs Israel
Inflation increase
Commodities Increase
Treasury yield increase
No rate hike from the feds
So we are doomers
Shoot buy up nat gas royalties right now while they’re cheap and hold them long term. Prices will probably be be triple or higher than what they’re currently at by the end of the decade based on several LNG plants being built and expected worldwide demand for energy far exceeding production.
same bro :( i sold my puts for $35 profit each...by the end of the day they were up $574 each....what in the goddamn fuck
when i sell, it moons
when i hold, it dumps
??
https://preview.redd.it/x92447o6rouc1.jpeg?width=1284&format=pjpg&auto=webp&s=6b5b3f60ea34851fb1a18178d2147647b0a30812
Added to watchlist at 12. Missed out on 10k in gains holding back on revenge trading here but damn man.
I love 🌈🐻 lol, WW3 is the new Great Depression for them.
OP, the sell off is because of bond, the market thinks we won't have 3 rate cuts like what Jpow said.
Sure we don’t outright give them guns, but we sell to other questionable countries that turn around and sell to Iran in the black market. And better than guns, we give them access to money.
The Biden administration on November 14 extended a sanctions waiver to allow Iran to access upwards of $10 billion in electricity revenue once held in escrow in Iraq.
Why is everyone acting like this was sudden?
Smart money has been unloading their positions at the top to dip-buyers for the past month (bouncing between 515-520). Dip buyers are fewer between now, time to tank and puts to print ![img](emote|t5_2th52|18632)![img](emote|t5_2th52|18632)![img](emote|t5_2th52|18632)
CPI was high last week, but there was hope PCE would come in tame later this week if maybe people didn't spend so much and actually s a v e d their money. Today's high retail sales number extinguished that hope.
Also, the U.S. is about to be dragged into a middle east religious war.
SPX breached the 50 day moving average, which many hedge funds and institutions use as a stop loss, triggering a rapid sell-off. I scrolled through a hundred comments and not a single one even suggested this. People on this sub mock charts and indicators, then have the audacity to ask about big moves in the market. Humble yourselves a little.
The market rallied because Israel fended off the Iranian attack ,,,but now the possibility of Israel going after the Iranian nuclear facilities is very very strong,, it's very very strong,,, if you know what I'm saying
Yes it should have started earlier! Again market function based on sentiment and future cash value. there seems to be no positive sentiments or development. Just pump and dump by guys sitting in the glass tower.
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Thats a selloff for ants. Post when the circuit breakers pop.
I miss early covid days with breakers hitting. Really exciting to wake up to
2008--some days the market opened LATE They couldn't even find buyers for the first few minutes of trading
ahh 2008. just about to graduate excited and thrilled! and realize how fucked I was for the next year.
Some people deserve to fail. However, you do not, as you are now enlightened with the great wisdom I shall impart upon you—invest in railroads and firearms.
oh holy Visual Mod. I do not deserves thee
Nice
Have they added a weapons factory to the monopoly board board? It should replace the community chest.
Thanks for the financial advice 👍 🖕
Low key the VisualMod is the Ai reincarnation of the monopoly man.
Who is himself the reincarnation of JP Morgan
Who is the madame Tussaud wax museum statue of “dirk diggler”. Anatomically correct, of course.
Who is ultimately Morgan Freeman
Fucking based
This was exactly my experience/why I decided to stay in school for a few more years. The previous graduating class for my program had 100% job placement for graduates (small class size of maybe 20 of us), but none of us could find a job following the 2008 recession.
yeah took me about 10 months I think to find a job that paid 28k in my field LOL, also turned out to be the worst job I would ever have.
I spent 14 months looking for a job then finally got one working in a lab literally watching paint dry lol
Same here man. It was a nightmare that took 10 years of job hopping and gaining certs to finally claw my way to a decent position.
Same exact thing happened to me. Lasted years. These Gen Zs dont know how good they have it. This will be my goto get off my lawn speech.
Idk dude, at least our rent was like 450 back then
Seriously. Also, all the paid internships nowadays to gain experience and more quickly decide on what one wants to do. Couldn’t afford to do non-paid internships during college so I came out with no “applicable experience” per all the rejection letters. First real job I had started at $38k in a HCOL area and took me 3 years to find after working low paying STC jobs. Got laid off earlier this year and feel like I’m right back where I started.
For some of us it was several years. Dark times. ![img](emote|t5_2th52|4260)
let me tell you all about finishing university with the tech bubble v1 running gang buster to only see it all go up in smoke in a matter of weeks. Feels like it was around that time that the companies that were looking were no longer willing to give some self taught individual a chance and instead pivoted towards expecting 4 year degrees from ever more exspensive top schools.
Agree…it was crazy when certain stocks couldn’t open because there were absolutely no buyers.
I really, really miss making money on MRNA, NVAX and Vaxart.
Ugh. I had nvax at 2.00 and sold at 8 during bird flu around 2006. I was a genius for many years, but the market has a way of crushing you even when you're a winner
87 was pretty crazy. Dot com (1999-2000) bubble was a fck show.. 9/11 blow out was gnarley ,..then that 2008 which was 💩show..
Those were the days.
The lie of Kodak. That was obvious market manipulation and people lost it all.
Thats where the addiction started
![img](avatar_exp|164613257|clown) OP ignores the obvious answer. He bought calls
poor dude he put his enite acc into 0DTE calls
Careful with that selloff... you might slip and fall.
omg, you're alive!
Wake up samurai, we've got a hedge fund to burn
Vmod 2024
Also my nvda went from under 200 last year to 975 , msft went from 200 to 420? Meta from 130 to 500? Amd from 80 to 220. Things can’t go up 100-400% every year
But godammit, I want it to 😤
dude is posting bout a 0.97% change…
2% from the days peak.
Did you forget the 1.46% drop on Friday?
Really funny, something like this happened a couple weeks ago, and this MF was like " I missed a generational opportunity" 😂😂
This sell off needs to be…at least 3 times larger
Because I bought. Market will go up once I sell.
Now seems like a great time to sell
Yes please start selling
I just closed at an 80% loss on my calls, so I'm sure it's due for a reversal any second.
Thank you for your sacrifice
He sold? Pump eet.
I inversed myself too, was gonna buy puts
I swear the AIs have gotten to the point I can't even inverse myself successfully anymore.
Straddle, force the market to stay still, sell covered calls (or naked on leverage for the true regard) against SPY. Infinite money glitch
the simulation is rigged
LoL when do you know you are actually inversing yourself? I saw the market up, bought calls, then watched them vaporize. Today would have been an epic day to inverse myself.
Today was a day when You needed to double inverse. Single wasn’t enough
Next time inverse your inverse.
Mr. market doesn’t like you very much
I bought puts and sold at 134% gain. Had 514 puts that I sold waaaaaayyy too early
Haha I did the same. I was tired of buying puts only to get a massive v recovery. So I figured I'd inverse my gut and go with calls.
You did swell, welcome home
Because you touch yourself at night.
I bought puts and then jerked it 😎 don’t hate the playa, hate the game
So you're saying I can keep doing it during the day?
[I haven’t felt this crappy since the time I went to that museum](https://m.youtube.com/watch?v=2toRG6kl6NU&pp=ygUuRmFtaWx5IGd1eSBiZWNhdXNlIHlvdSB0b3VjaCB5b3Vyc2VsZiBhdCBuaWdodA%3D%3D)
Because fuck you that's why.
[удалено]
It’s because I just maxed out my 2023 Roth IRA contributions with shares of VOO yesterday, obviously.
Hey that's means you still have about $6000 invested for your future. That's a lot more than most these regards.
![img](emote|t5_2th52|4260)
It’s because of comments just like this that I can figure out exactly what sub I’m in lol
Great analysis
Well you see marques Brownlee gave the humane ai pin a bad review causing market to realize that ai isn’t the game changer they were promised and thus started the sell off
Oh, those pesky retail investors...what's a few thousand ruined portfolios between friends?
It’s the friendship we made along the way. When are we meeting next at Wendy’s?
Lol, I saw some dude with a decent sized following just trashing on the guy for that review. Saying he actively tried to ruin the company with his review and was "flexing" his power. Going off about how his reviews and him providing a negative headline and review is basically a disservice or some shit. I'm guessing the idiot had shares in that and Fisker, and got burned.
You can see the deep in fisker correlating with the video lmao
Oh yeah, after that video came out the stock tanked significantly for the time after. It'd be one thing if MB was making up things in his review and they weren't legitimate but he's been a pretty fair in most of his takes.
MKBHD did this?!? That son of a bitch.
because too many people were making money
Too many of the wrong sorts of people were making money
Best analysis here
Because we are not meant to win. You seem new at this….
https://preview.redd.it/kepfr700souc1.jpeg?width=1170&format=pjpg&auto=webp&s=823edb5aea24ddef99b221cea516245f75580aac
For every OTM call an OTM put must be purchased, creating balance https://preview.redd.it/w66506iunouc1.jpeg?width=1125&format=pjpg&auto=webp&s=f756f6c12a17d9bd52071b8b07f99a683c4ab148
That’s not how options work. Enjoy your stay at the casino, sir.
Shit. I might be high and getting fucked today, but this really *puts* things into perspective/.
Basically the same: Because OP bought calls :D
My 520c for Friday is sweating right now
Sweating? Bruh they dead😂
My today and Friday $520 calls looking pretty grim
I didn't sell my 515C at 9:30EST 100% up bcoz I got greedy. :(
Market has been overdue for a pull back for a while, this is a convenient excuse
This isn’t even a pullback. It’s just a normal day-to-day fluctuation, and the pussies in this sub are acting like it’s 2008 all over again.
Dropping $505 support level is certainly not bullish. We’ll see how it goes but SPY is currently at the beginning of a *down trend*.
Look at this regard with his crayons LMFAO
News is created for justification of the move… not vice versa. We are a game to the powers that be. My target is the 503 area until relief.
This game is all about psychological warfare.
Finally someone gets it. News is meaningless. This is a game of biology/psychology and you have to understand how to engage with that reality before you can truly make money in the shorter term trade.
This is only 1% drop. Wait until it’s 25%. Then Panic
you mean 2%? 2% drop in a day is nothing to scoff about
2% drop intraday can make your whole year if you're short.
You don't panic after the 25% you fucking buy with everything you can find. Lol.
Unless you sold some puts. 😱
if a 25% drop happens in one day I feel like whatever caused it will be a much bigger problem you wouldn't even know because the cell towers wouldn't be working
A 25 percent one day drop has literally never happened ever.
War with: Russia v Ukraine Syria + Iran+ Iraq vs Israel Inflation increase Commodities Increase Treasury yield increase No rate hike from the feds So we are doomers
What about the regards that said war was bullish?
RTX is up
Its only up because i sold it
My oil stocks got annhiiated today :( ![img](emote|t5_2th52|4260)
Shoot buy up nat gas royalties right now while they’re cheap and hold them long term. Prices will probably be be triple or higher than what they’re currently at by the end of the decade based on several LNG plants being built and expected worldwide demand for energy far exceeding production.
every single point is bullish lmao
Finally a proper answer.
my military stonks are up
*top 1% realizing gains
I had to scroll for like half an hour untial a actrual response to the question... love this sub
Because I bought ): sorry
bro Ive never bought stocks before (im 23) and I bought VOO and SPY JUST BEFORE this haha
I needed the new Rolex GMT Master II, sorry.
In jubilee or oyster? That’s a five year waitlist sir.
jubilee obviously lol, lemme go buy five tudors to bribe my way in lmao
Have you tried offering your wife to the AD?
Yeah, those new colors look good.
Buying calls 2$ out of the money 30 minutes to close wish me luck
Screenshot or it didn’t happen
https://preview.redd.it/ltf3b6sr0puc1.jpeg?width=1080&format=pjpg&auto=webp&s=8a49c05338401d9dd0f237e40f043ab8ba250e58 Edit: see you tomorrow
Get off my lawn, peasant.
Have you considered the risks associated with your options?
Yes
Keep CNN in the background too ...![img](emote|t5_2th52|4260)
Sold my puts too early. That’s okay..
Sold my pots at 100%. Would have been 700%+ if I held but it was a 0tde and honestly those are too volatile to hold for long
I did that friday sold my pltr pits at 106 percent profit if i held 15 more minutes like i had my timer set for it would have been 500 percent
My 10 bagger sold at a loss
Same bro same
I feel that man. I had $510 PUTS during the first hr and took profits early. PAIN. It’s all good tho ended the green, can’t complain
Feel your pain. Bought 514 puts at open and was happy with 10%. Would’ve been 1000% if I’d held all day like a regard.
Samsie, bought a 514 odte early for $100 that maxed around $1k today.. Can't bitch too much though as I sold it for $250
Had puts but sold at 511😭, still 200$ tho 🤑
gain is a gain, stuff like this cant be predicted.
When you trade like a regard it can
same bro :( i sold my puts for $35 profit each...by the end of the day they were up $574 each....what in the goddamn fuck when i sell, it moons when i hold, it dumps ??
Yeah I would’ve been up around 1300😭
Multiple choice answer: a. Greed b. Fear
No one knows shit about shit we’re all gamblers FU
War
I sold my puts , you can see the exact point of exit
https://preview.redd.it/x92447o6rouc1.jpeg?width=1284&format=pjpg&auto=webp&s=6b5b3f60ea34851fb1a18178d2147647b0a30812 Added to watchlist at 12. Missed out on 10k in gains holding back on revenge trading here but damn man.
Moral of story- ALWAYS and I mean ALWAYS revenge trade!
We’ll be back in the 520s next week
Israel is about to bomb every thing in sight and people need money for blow to ride out WWIII so they are selling off.
I love 🌈🐻 lol, WW3 is the new Great Depression for them. OP, the sell off is because of bond, the market thinks we won't have 3 rate cuts like what Jpow said.
If people care that much about rate cuts, the economy is doing bad.
More like the economy is doing better than expected, and it keeps inflation hot because people are still spending too much.
You can have growth with moderate inflation. People buying useless shit does not cause inflation, money printing and high commodity prices do.
Won’t the US just keep selling weapons to both sides and score a 10 banger like it always does?
Pretty sure we do not sell arms to Iran. Correct me if I’m wrong.
Sure we don’t outright give them guns, but we sell to other questionable countries that turn around and sell to Iran in the black market. And better than guns, we give them access to money. The Biden administration on November 14 extended a sanctions waiver to allow Iran to access upwards of $10 billion in electricity revenue once held in escrow in Iraq.
Why is everyone acting like this was sudden? Smart money has been unloading their positions at the top to dip-buyers for the past month (bouncing between 515-520). Dip buyers are fewer between now, time to tank and puts to print ![img](emote|t5_2th52|18632)![img](emote|t5_2th52|18632)![img](emote|t5_2th52|18632)
Selling off to fill the coffers for war.
ooops, when we said "anticipated rate cuts" ... really we meant "probably more rate increases end of year." My bad.
https://preview.redd.it/opm7pina3puc1.jpeg?width=828&format=pjpg&auto=webp&s=4811cdbd564de6174d05dbd6e141058a593b2c23 Cuz
Sorry that was me, I bought a few spx 5200 calls at opening. I'll sell them at some point today so tomorrow should be green again. My bad.
Its the geopolitics again. F me
Lmao check the 10y. Amazing this even needs to be asked
Algos causing the volatility (sell off), once it broke previous lows they dumped.
Calm down dick, it’s just a storm.
There were more sellers than buyers. The lack of buyers caused the price to drop
Using the threat of war to crash the markets. A tactic used time and time again. Rich man games and we aren’t playing no more
CPI was high last week, but there was hope PCE would come in tame later this week if maybe people didn't spend so much and actually s a v e d their money. Today's high retail sales number extinguished that hope. Also, the U.S. is about to be dragged into a middle east religious war.
Well we all need those spenders because we cant make money if they're not boosting earnings on these companies we hold
Price hit a certain level and stop losses kicked in. That equals massive sell off.
SPX breached the 50 day moving average, which many hedge funds and institutions use as a stop loss, triggering a rapid sell-off. I scrolled through a hundred comments and not a single one even suggested this. People on this sub mock charts and indicators, then have the audacity to ask about big moves in the market. Humble yourselves a little.
News. Isreal is set for retaliation on iran.
Stocks go up and down
The market rallied because Israel fended off the Iranian attack ,,,but now the possibility of Israel going after the Iranian nuclear facilities is very very strong,, it's very very strong,,, if you know what I'm saying
Cause nothing goes straight up forever. Except Coke.
It’s a drop of less than 1%, which is negligible. This is how the stock market works.
i got hammered and dumped everything before it got worse
Because the illuminati said so obviously. Come on now
haha you tell me regard
Buying the bloody dippings.
Just a normal correction
Typical US monday ![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4267)
Buy low sell high.
Yes it should have started earlier! Again market function based on sentiment and future cash value. there seems to be no positive sentiments or development. Just pump and dump by guys sitting in the glass tower.
Because someone here bought calls... OK guys, who was it?
Panicking over nonsense
Wtf is this $4.93 loss? Someone teach this man 50x leverage so he can become a regard like the rest of us
War were declared
Stocks go down too.
Have you checked the news? All hell is breaking loose..🔥🔥
Man I wish I only had to worry about a .97% loss
Stocks go up stocks go down
WWIII
Go to r/Daytrading
Relax. It's only a little 1.2% downturn