@Chad High-Five Flexington Yes, but box spreads for European options are priced accordingly. Those options combined create a return that's basically equivalent to holding AAA US Treasury bonds, i.e. "risk-free", so there's no difference between just buying the treasury bond or creating a box spread.
"I somehow made 110K and i'm not totally sure how." I can't stop laughing cause it's so funny and crying because i'll never have 100 luck like that guy
@@johnlewis8934 make sure to take the patient route, like he covered at the beginning. Basic tracker funds like those used in mainstream pensions are very low-risk ways of getting way more return than you can expect from a savings account.
Louis Rossmann has done a pretty good summation of the situation, all be it not in a entertaining format like big boss ruclips.net/video/4EUbJcGoYQ4/видео.html
After GameStop, it was so funny to see all the Hedge funds crying for more regulation when they're usually the ones talking about "the free hand of the market" 😂
They don’t just yolo live savings they Yolo their future income, From the debts, actually that’s an understatement they lose they yolo their future lives. But iv seen handful of dudes that yolo and come out Greener than the green giant 2k-15kyolos on one specific subset of option contracts their entire net worth to like $100k- $350k and in a couple cases +$750k.
@@JoseRodriguez-lp7rs Do you have a recommendation of where to start? The stock market interests me but wherever I try to start is either so overwhelming or kindergarten explanations of the stock market
Imagine somewhere in the future when a teacher is gonna be giving some lecture about the spark of a revolution which was led by CummyDummy342 as an example. What a time to be alive.
@@theartillery9724 but the thing is you would never go up 700k as quick as he did because you have a different risk tolerance. Not saying that’s bad, it’s a good thing but you can’t really say “ how do you go up 700k and loose it” when he woulda never got to 700k in the first place had he not been retarted.
@@NekoPavel what do you use instead? I'm kinda grateful that robin hood hasn't launched in the UK yet but what other 0 commission brokers do you recommend
@@DavidJackson-vj2oi You think they'll do the same tomorrow ? I mean they can't keep doing this to you guys... I haven't had issues though but it was heartbreaking to see
When Kim Jun Un had the health scare a few months ago- WSB actually called it about a day before the rest of the news world based upon some Chinese source releaseing something.... pretty amazing what a few of them have built into their models- but really it is a few actual investors and a million crazy people
I sent the transcript of this to my buddy while he was in boot camp. I had to edit parts where you had to see stuff to understand Ie: "Who's buying at these prices" (Degenerate watching stupid tik tok video then buys GameStop stock) Or *Money printer intensifies*
Lesson to be learned here: When you do something hilarious stupid and it works out, shut up and take the money and close your account Edit: Imagine losing money in the biggest bull market of all time
I made $20 profit in a round of day trading... haven't done it since because I have a habit of royally screwing myself over lol. I just know it's waiting for me...the abyss is calling out to me
Or put the money into an actually smart, long term strategy; because those make bank over a long time with not that much, imagine what it will do with that kind of money
"I repeat this until I am sufficiently leveraged for my Personal Risk Tolerance." is quite possibly the most unintentionally funny sentence ever posted on reddit
Hey. I know very little about the stock market or finances, I'm just a dumbass teen (I mean, not AS dumb as the people featured in this video, but close enough), and while I managed to follow almost everything in the vid, I really don't get why this particular phrase was so funny. Can someone explain? (Sorry for the dumb question)
Cape without a hero The funny phrase is Personal Risk. The only money he was risking is the initial $2000 dollars everything after that is Robinhood's money.
@@RobinNashVideosusually people leverage 2:1 or 3:1, 25:1 is madness. The stock goes down by 4% and you get margin called because your principle is gone.
what held people from withdrawing the money from their accounts tho ? he says it counted as account balance and not leverage so people could've exploited it in small portions and withdraw money so robinhood wouldn't notice until they went tits up :D
These guys went from lunatics burning their money, to a a force that could take down a multi-billion dollar hedge fund AND profit from it too. The absolute madlads.
The internet truly is the wild west of The modern era. Reddit/4chan can do great and terrible things when they actually work together. Never underestimate weaponized autism
That's the derivatives market, not the stock market. You'd have to trade for decades to make $100k trading actual stocks. Edit: Excluding penny stocks, of course.
@@crfmsbk3719 decades? LOL , what drug are you on? I invested 10 000$ in 2016 for AMD s stock. Go look it up right now ;) Im not a professional, I simply picked a company I believe would become huge in the comming years and I was right.
@@Applz101 After world war 1, Germany was punished by being made to owe lots of money to the countries they lost to. The amount they had to pay was unreasonable and they couldn't handle it, so they started printing money to pay it back. This resulted in hyperinflation, where the price of goods rises really rapidly because there's just more money around. There are famous pictures of people bringing wheelbarrows of money to buy bread. People generally think this is when the nazi party became popular, but it wasn't. They became popular a few years later during a period of deflation - where prices of stuff were falling slightly. The reason is that deflation can cause unemployment - companies aren't making enough money because of the lower prices so they fire workers, those workers spend less money so other companies make less money so they fire workers etc. . [So people were unemployed and therefore were unhappy and were willing to support anyone giving the promise of positive change.][see edit] Hyperinflation is obviously and visibly bad, but deflation is bad in a more sneaky way. Edit: it actually wasn't primarily the unemployed people who voted for the Nazis, most of them voted for the communists, but it was the small business owners and some professionals who were still making money but just not as much as before. Many Nazi votes were anti-communist votes because the Nazis were taking the hardest stance (most violent) on the communists. Communism would mean property owners losing their property to their employees and high earning workers no longer being high earners, along with a general instability that comes along with any radical reorganizing of a society.
Money printing doesn't always generate inflation. EU, US and Japan have been printing money a lot lately. Japan even tried to generate inflation by printing money and they were unsuccessful. It doesn't mean it sometimes it does, though
Documemetaries! Meme and Meta included in the word! Breaking the 4th wall and the densty of your stubborn gall! Bringing infotainment against your stupidity ailment!
This isn’t true. I do all of my trading in robinhood, solely relying on information from WallStreetBets and I’m doing just fine. My homeless shelter even serves chili on fridays.
If what what said after the coma was true you'd probably be a millionaire right now if you bought when GME was so shortened that the price was at 3 bucks.
"... Treat the stock market like their personal casino" Well, to be fair, those so called "experts" have been doing the same for years, but they are the casino managers and operators.
You’d be fired from any brokerage firm or hedge fund for buying OTM spy options with no hedges. If you don’t understand the difference between using options to manage risk an volatility vs betting the farm, you don’t know anything about finance and shouldn’t be commenting on these matters.
Meanwhile on /biz/ discords: >get created >stay for a week >everyone gets obsessed over one thing >It goes to shit and suicide hotline gets posted on announcements >server gets deleted
Its gambling in a way that if you are smart enough that you can form your own method to make money consistently. But because there is no casino there is no reason to crackdown if you are winning too much. Though you pay the Casino (Market) someway else. For example in this case stock market still up, economy might go boom. Also the extra steps means not only learning math but also politics, history, engineering, international relations , law and many more while gambling is just math.
Who do you think sold them these options though? Retail got milked, together with Melvin. The rest got fat off of straddles and selling calls to retards.
Millionaires: *making tons of money trading stocks* Some poor people on Reddit: *start doing the same thing* Millionaires: "These guys are criminals, they're insane, we need to arrest these people"
It’s great that someone is recording this stories so they don’t get lost. I was literally there as they were happening except for the ironyman one. One yolo win I remember is that a user acquired all the credit cards he could to max them on AMD stocks around 2018. If he didn’t sell he made 8 times his investment by now.
@@ProStateExaminer I fking feel you man... Back when it was 8$ I was too young to do anything about it ( 17 yo) I fking hate this shit. I would have made 10x the money sigh
There was a documentary on the 2008 Wall Street Crash called "Inside Job" One of the interviewees was a guy who, only a few years prior, was selling trinkets on the street. His brother hooked him up with a trading job, and next thing you know, he's in a suit being interviewed on the actual news about the state of the market (looking credible despite knowing jack shit). Basically a proto-WallStreetBets guy, representing how clueless the market was heading into the crash
The sound that escaped u/ControlTheNarrative 's body as his soul fled at 14:02 has broken me. I've been laughing so hard it hurts for about 5 minutes now. Holy shit did I need that laugh today. Genuinely great stuff, man, thanks for making this
This is why it's basically gambling- from an outside perspective we're all thinking "you have 100 GRAND, just TAKE IT and LEAVE", but because they played the game to get there they don't want to stop playing.
if I ever start, I'm gonna make it so I always have a set amount in my account. Let's say 10k, I wake up and it's 12k? Take 2k out. Wake up the next day and it's 8k? Wait for it to go back up to 10k
He YOLO'd his way to 600k with several all or nothing bets...what makes you think that the threshold for getting out was anything less than _SUPREME LEADER OF ALL HUMANITY_
@@owenblount7334 Same if I got 100k+ income I would just but a bunch of apartments and put them up on rent and continue my college degree as the guy is 19 and go after a job I want to get into
I don't know much about these sketchy wallstreet betting apps but i doubt it would be easy to withdraw $600k in one transaction overnight. Would love to be proved wrong though?
I used to get fantastic investing advice from the sub and I still venture there to help me decide what my next move is. I shit you not, all you gotta do is go to that sub, ask for advise and the best stocks and the worst stocks, then promptly do the opposite you're told and you'll make a fortune.
It's only a matter of time before the whole thing comes back down like a stack of cards. I just wish they let it happen before instead of letting the kindling build up. When it does happen we could end up with a massive 80% drop.
17:01 Yeah being in 2024, dealing with inflation for over a year, and the fact that a different president is getting blamed for it is just funny in an ironic sense.
@@scorpixel1866 I think they mean the Gilet Jaune protests since nobody releases international coverage of sports goons riots. Also the French are just stereotyped as revolutionaries because the whole guillotine the aristocracy move was bold
@@TheRagingStorm98 If he was smart he would've just bought and sold shares up to 1 mill with extremely little risk of losing it all. Could've been done in a matter of weeks on something like Apple or Tesla.
700k and being set for life? Where is it possible to live off of that for life? Or do you mean using that as a base and living off part of it and investing a good part of it?
The thing is, the mindset required to make that much on a whim is the same one that will make you lose It all. They wouldnt have made so much money If they werent retarded in the first place.
Imagine being a stock trader - like actually imagine spending hours and hours finding algorithms to make predictions for one day the entire economy to just go PFFFFFFFFFFFFFFFFFFFFFFFFFTTTTTTTTTTTTTTTTTT.
@TheBuragi In fact most "guts istinct" traders aren't math theory-crafting traders. Most people check data and make their own judgements, check what other people are up to and yadayada. To do all of that and also build your own theory and software is just too much.
Lol their job has almost nothing to do with math. All the maths and algorithms and charts it's almost all smoke and mirrors, this chart says it rained last week, so it wont rain this week. Five head thinking.
As someone who also doesn't know shiz about economy, I think it's meant that companies need moneh to make products, investors give the moneh to start production of the product, you get a small percentage of each product, if buying of a product rises you get a meme of: *stonks* but rapid increase of dipsh!t investors crashed a market for it somethin'
Don't you just love how in America, "full economic recovery" means that some pixels turn green while tens of millions are unemployed and facing eviction?
I sure love how you can fault local governor's and city leaders and not the president for that, the president himself never mandated any lockdowns themselves, look to local leadership
It was the funniest thing ever seeing the one group of people who don’t have to contribute anything to society to make money mald because some internet group decided to use their own tactics against them
@@iankinton9667 Sorry if it came off wrong. I more so meant it hurts knowing that it was a joke, because I wish that were reality. I didn't mean "cringe painful", more "existential painful". I think that clears it up a bit?
1:53 - "You sign up to Robinhood, which is infamous for breaking constantly and being absolutely terrible." That's some of the funniest foreshadowing I've ever seen considering what they did with GME lmao.
@@Tohlsimir This video showcases degenerate gamblers, not investors. Wall street bets is full blown gambling addiction. Though you could argue investing is gambling as well.
they're not buying the stocks, they're trading options which is a derivative of the stocks (leveraged instrument) that's why they can get crazy gains/losses in a short period of time. If you buy the actual stocks (barring penny stocks), it may take time often years and even decades for you to make multiples of your initial investment (and that's provided you selected good stocks).
It's gambling when you YOLO your investments stupidly without actually researching where you put your into. In other words, what these people are doing.
@Virtual Sky Tate Gambling is a one-off, random act of chance that usually cannot be predicted, such as horse racing, roulette (including Russian Roulette), dice, etc. Stock market trends can be reasonably predicted and consistenly investing in carefully researched trends can give a steady flow of income. Gambling can't do any of that. It's more of a random, go-for-broke way of investing money, which is almost identical to what the poor saps in the video did.
Analfarmer2 was the worst. If he had just left when he had $700,000 he would've been set for life. That's not necissarrily "I never need to work again" amounts of money but it's enough to buy a nice house and comfortably work a part time job to slow the money loss. But of course gamblers never quit.
@@thelastlegend7632 Yeah, the problem is people say he should've pulled out at 700k, but if he actually managed to make more money, people would be saying he should've pulled out at 2,3 million. Personally, I would've pulled out at anything above 20k and just take my few k of earnings I've made.
its only stupid because these people sunk more money than they needed too. if you look at Robbin hood as gambling and only spend money your ok with losing its actually a ton of fun. i made $20 over a span of a week.
@@Mrpawsum2 That winning streak can really make you do some dumb things, and if he had only yoloed 1/2 to 3/4ths of his money he would still be up a couple hundred grand of his initial $5k investment.
There’s so many posts of traders losing all their money. And I mean all of it. At least half of them invest their entire life savings into stocks, and many of those will lose it.
Most lose it. It’s a system only some can win. When _you_ sell high, everyone else’s stocks become worth less. It becomes worth more when people buy. It’s sheer luck.
@@DeathnoteBB No, not at all. Whenever you sell, someone else bought it. And whenever you buy, someone else sold it to you. The prices don't result from supply and demand because there is neither a constant supply, nor a demand. Stocks are a portion of a company and traders are constantly trying to come up with a "fair evaluation" of the company. If you think you are "selling high", someone else thought there's more potential in that company. He bought it for the cheapest price he could get it for right now, expecting it to go even higher.
1930s: The Great Depression
2008: Could be worse
2020: The Big Sad
this is not yoda , The Big Sad*
3000: we are turbofucked
2020 The great fuck
My birth year is worse than the great derpression? 😔😔😔
The Gargantuan Unpleasant
Anyone who actually finds a 'risk free' strategy like ironyman, they don't tell people about it.
It literally cannot go tits up
He found the infinite irony glitch
@Chad High-Five Flexington
Yes, but box spreads for European options are priced accordingly.
Those options combined create a return that's basically equivalent to holding AAA US Treasury bonds, i.e. "risk-free", so there's no difference between just buying the treasury bond or creating a box spread.
@JESUS CHRIST Join WSB, of course.
@JESUS CHRIST why the fuck would you care about investing? You're the one bringing on the end of the world after your rapture everyone's ass.
Ironyman Not understanding basic trading rules and still doubling his money is the biggest irony
man treated the stock market like vegas, fucking madlad
Reminds me of the time I lost a poker game to a handicapped kid that thought we were playing blackjack
@@brian04950 fucking hell
Well the odds are in his favour. 50% win and 50% loss. Lol
@@brian04950 probably didn't happen but I love this story.
"I somehow made 110K and i'm not totally sure how."
I can't stop laughing cause it's so funny and crying because i'll never have 100 luck like that guy
That's the thing. He never had that much money before and had no idea how he got it lol.
@@lennybrewster4673 And he lost all of it later LMFAO
@@hircine92h lmao
@@hircine92h yup lol
Whats wrong with ppl🤦🏿♂️🤣🤣
There is not a single phrase I understand in this video.
Perfect.
Same, but it sure as hell makes me want to start learning how to invest
same
Time to start trading I guess!
@@johnlewis8934 make sure to take the patient route, like he covered at the beginning. Basic tracker funds like those used in mainstream pensions are very low-risk ways of getting way more return than you can expect from a savings account.
.
Remember guys if you end up losing money just uninstall the app to start over
Just three likes
First justin Y comment i saw that doesnt have a lot of likes
@Skye dude click his pfp hes the real deal
@Skye *wait a minute, what?*
@Skye Dudette?
When in doubt, print more money, literally no risk
Choosing the Weimar strategy? Genius, nothing will go wrong
One person printing 1000 $ isn’t gonna crash the biggest economy in human history.
Germany agrees
Venezuela tried that lol
@@Void_Wars and one person being killed didn't just start the first world war
" Redditors of the world unite, you have nothing to loose but your reddit gold" - Reddit Marx
here is the original quote:- ruclips.net/video/mIQlbsX14VU/видео.html
i know right the quote is very inspiring 🙂
@@her0brine975 bruuhhhhhuu
lose*
‘Someone made 110k by accident’
These are the small mistakes I Aspire to make in life
@Arthur Flowers wut
@Arthur Flowers wt
@Arthur Flowers wot?
Someone who makes that kind of accidents is usually sooner or later fuck themselves up in some way by accident too
@@tomlxyz yeah just like lottery winners smh
God this is so much funnier today that the whole world is aware LOL
Came across this vid over the summer and had to watch it again for todays events. Hold Bears Hold. You'll get back at Jerome Powell for the dump soon.
Same here Lol cant wait to see what happens next
haha I had to revist this video
Gamestop
It was only a matter if time, lol
I think I speak for everyone here when I say: WE NEED AN UPDATED VERSION OF THIS FOR THE GAMESTOP SITUATION
I’m waiting for that video
fuck yes
Louis Rossmann has done a pretty good summation of the situation, all be it not in a entertaining format like big boss ruclips.net/video/4EUbJcGoYQ4/видео.html
WSB in January 2021
Now we're going to do what's called a pro gamer move.
YEEESSS
After GameStop, it was so funny to see all the Hedge funds crying for more regulation when they're usually the ones talking about "the free hand of the market" 😂
When tax the rich becomes I am the rich
Remember kids, quit while you’re ahead
Or just ignore me and yolo your life savings
They don’t just yolo live savings they Yolo their future income, From the debts,
actually that’s an understatement they lose they yolo their future lives. But iv seen handful of dudes that yolo and come out Greener than the green giant 2k-15kyolos on one specific subset of option contracts their entire net worth to like $100k- $350k and in a couple cases +$750k.
It's easy to yolo when your life saving is under 100k.
is that khimera in the pfp? been a while since i played it
The wallstreetbets way
I mean tbf the guy that made 700k would have never gotten there if hed listened to your advice
I feel pretty stupid for not understanding the stock market, but I get the feeling that r/wallstreetbets doesn't really understand it either
Ehh, if you don't do anything stupid and try to keep a very low risk, it's quite easy and fun
@@JoseRodriguez-lp7rs Do you have a recommendation of where to start? The stock market interests me but wherever I try to start is either so overwhelming or kindergarten explanations of the stock market
@@christiantretter4605 Sweet, thanks man I really appreciate it. You've given me a lot to look into.
GhostyGhost7007 buy spy and tsla calls it literally cant go tits up
Stuff Happened literally one day later
Names like Analfarmer 2 are those that make history in our present times.
Keep in mind that the name was already taken - which is ridiculously enough.
Imagine somewhere in the future when a teacher is gonna be giving some lecture about the spark of a revolution which was led by CummyDummy342 as an example. What a time to be alive.
@@stranded8088 WHEEZE
Poontapper69 is my personal favorite.
Never forget the legendary u/buttfarm69, who made it onto msm
Imagine going up to $700k just to keep gambling it and losing it
@Jericho Kilmanja What do you mean by "never admit it" WSB admit to gambling on the daily
@@theartillery9724 but the thing is you would never go up 700k as quick as he did because you have a different risk tolerance. Not saying that’s bad, it’s a good thing but you can’t really say “ how do you go up 700k and loose it” when he woulda never got to 700k in the first place had he not been retarted.
With that amount of money I could pay off all my debt. Invest the rest in long term assets like ETF's and retire a millionaire by the age of 50.
I'd at least pull out half and keep the rest going just in case
@@wut6922 With current market you could retire on the spot
"I'm not fucking selling
Because Robinhood won't let me"
oh, the ironing.
fuck Robinhood, all my homies hate Robinhood
@@NekoPavel what do you use instead?
I'm kinda grateful that robin hood hasn't launched in the UK yet but what other 0 commission brokers do you recommend
@@seasesh4073 in uk I have trading 212 but it is just as corrupted as Robinhood so you shouldn’t bother with it
Robinhood didnt stop selling, they stop the further purchase of specific stocks. So your irony is just stupidity.
@@DavidJackson-vj2oi You think they'll do the same tomorrow ? I mean they can't keep doing this to you guys... I haven't had issues though but it was heartbreaking to see
Whenever a news source says the word “reddit” I wonder if this truly is a dream
Nightmare
@A Akd yeah, that’s closer
@@AwesomeTheAsim yeah that sounds right
When Kim Jun Un had the health scare a few months ago- WSB actually called it about a day before the rest of the news world based upon some Chinese source releaseing something.... pretty amazing what a few of them have built into their models- but really it is a few actual investors and a million crazy people
@@MrNotoriousjim weaponised autism is deadly
Waiting for the Gamestop sequel.
AMC?
Ammmmmccccc
🚀🚀🚀🚀
Same
🚀🚀🚀🌕
I cannot tell you how much I freaking love this video. The fucking genius behind the storytelling is amazing.
ive seen it like 20 times and show it to everyone lol
I sent the transcript of this to my buddy while he was in boot camp. I had to edit parts where you had to see stuff to understand
Ie:
"Who's buying at these prices"
(Degenerate watching stupid tik tok video then buys GameStop stock)
Or
*Money printer intensifies*
Ironyman is a god damned hero! That's Forest Gump levels of walking into a minefield ass-first and comming out the other end with $10K.
I can say without any exaggeration that I laughed at this comment for about 2 minutes lmao
I am Ironyman!
this is very specific lol
🤣🤣
What a legend
Lesson to be learned here: When you do something hilarious stupid and it works out, shut up and take the money and close your account
Edit: Imagine losing money in the biggest bull market of all time
This
I made $20 profit in a round of day trading... haven't done it since because I have a habit of royally screwing myself over lol.
I just know it's waiting for me...the abyss is calling out to me
If I made 27 years wages in one day I’d sure pull the fuck out.
Or put the money into an actually smart, long term strategy; because those make bank over a long time with not that much, imagine what it will do with that kind of money
The number one rule of entrepreneurship is "If you find something really profitable, shut the fuck up and don't tell anybody about it."
this is wild to watch now lmaooo
Fr
true...
💯🐸
How has a comment with 1k likes have 4 comments
😆😆
this is one of the best videos on
youtube.
factual
Fax
You??
EMOTIONAL DAMAGE!!!
8 mil subs, 34 likes. power of varials
Can you imagine being a small company and wondering why your stock suddenly fell by a 1000%
These retards are bankrupting so many companies and themselves.
I don't think one can fall 1000% as a ticker symbol.
Zenish Khumujam nice bro I invested 10k into Ford
@Dlg solo No they did not. They suffer from random variations.
@@angelgjr1999 if you're going down, may as well take everyone with you
"I repeat this until I am sufficiently leveraged for my Personal Risk Tolerance." is quite possibly the most unintentionally funny sentence ever posted on reddit
Hey. I know very little about the stock market or finances, I'm just a dumbass teen (I mean, not AS dumb as the people featured in this video, but close enough), and while I managed to follow almost everything in the vid, I really don't get why this particular phrase was so funny. Can someone explain?
(Sorry for the dumb question)
Cape without a hero The funny phrase is Personal Risk. The only money he was risking is the initial $2000 dollars everything after that is Robinhood's money.
@@RobinNashVideosusually people leverage 2:1 or 3:1, 25:1 is madness. The stock goes down by 4% and you get margin called because your principle is gone.
The story of analfarmer2 should be put in history textbooks
I want to see the name “analfarmer2” in the same book as Abraham Lincoln
what held people from withdrawing the money from their accounts tho ? he says it counted as account balance and not leverage so people could've exploited it in small portions and withdraw money so robinhood wouldn't notice until they went tits up :D
The best thing is that he could be quoted as an example in modern economic books.
@@tugrulserhat because they got greedy. These people are degenerate gamblers and never quit when they're ahead.
@@pugward guess you're right. How the fuck do these morons can find these loopholes and not have the brains to exploit them?
"They were banned from the subreddit instantly"
Based
Legendary
_Buy High, Sell Low: The Documentary_
@TheBuragi *BIT-CO-NNEEEEEEEEEEEEECT*
Seriously. I'd pay to see this movie but I see for free everyday at my house.
These guys went from lunatics burning their money, to a a force that could take down a multi-billion dollar hedge fund AND profit from it too. The absolute madlads.
i’d imagine the Taking Down Billion Dollar Hedge Funds part was always there they just never decided to use it
@@wilhelmraspe1846 "it literally can't go tits up" - said by almost all of r/wsb moments before the gme/amc crash
The internet truly is the wild west of The modern era. Reddit/4chan can do great and terrible things when they actually work together.
Never underestimate weaponized autism
Power to the players.
We’re still lunatics burning our money
The fact that one could *accidentally* make $100,000 on the stock market makes me *never want to touch it*
ZeroPhoenix that’s a good instinct
That's the derivatives market, not the stock market. You'd have to trade for decades to make $100k trading actual stocks. Edit: Excluding penny stocks, of course.
@@crfmsbk3719 decades? LOL , what drug are you on? I invested 10 000$ in 2016 for AMD s stock. Go look it up right now ;) Im not a professional, I simply picked a company I believe would become huge in the comming years and I was right.
@@TheAmanor123 Meh, you forgot to add the Wallstreetbets glorious Autistic measures ;)
@@TheAmanor123 uuh..why is a multimillionaire watching a video about r/wallstreetbets? Also I have a great business idea you'd be interested in. /s
2020: Robinhood is the bottom of the barrel of brokers
2021: Robinhood single handedly caused a financial revolution.
It's still the bottom of the barrel of brokers though.
😂was Robinhood that big?
“The Fed had money printers. So they started printing money.”
Venezuela and Germany: Hey, I’ve seen this one!
Interestingly, Nazism rose during the following period of deflation rather than during the hyperinflation. So maybe it's worth the risk.
@@MrSmith-gb1kn
literally this
ruclips.net/video/qv1n6WdYTeQ/видео.html
@@MrSmith-gb1kn I'm not smart enough yet to understand your comment
@@Applz101 After world war 1, Germany was punished by being made to owe lots of money to the countries they lost to. The amount they had to pay was unreasonable and they couldn't handle it, so they started printing money to pay it back. This resulted in hyperinflation, where the price of goods rises really rapidly because there's just more money around. There are famous pictures of people bringing wheelbarrows of money to buy bread. People generally think this is when the nazi party became popular, but it wasn't. They became popular a few years later during a period of deflation - where prices of stuff were falling slightly. The reason is that deflation can cause unemployment - companies aren't making enough money because of the lower prices so they fire workers, those workers spend less money so other companies make less money so they fire workers etc. . [So people were unemployed and therefore were unhappy and were willing to support anyone giving the promise of positive change.][see edit]
Hyperinflation is obviously and visibly bad, but deflation is bad in a more sneaky way.
Edit: it actually wasn't primarily the unemployed people who voted for the Nazis, most of them voted for the communists, but it was the small business owners and some professionals who were still making money but just not as much as before. Many Nazi votes were anti-communist votes because the Nazis were taking the hardest stance (most violent) on the communists. Communism would mean property owners losing their property to their employees and high earning workers no longer being high earners, along with a general instability that comes along with any radical reorganizing of a society.
Money printing doesn't always generate inflation. EU, US and Japan have been printing money a lot lately. Japan even tried to generate inflation by printing money and they were unsuccessful.
It doesn't mean it sometimes it does, though
Teacher explaining economics
Kid in class.
" I just YOLOed my parents college savings"
*dab*
Pog
I'm coining this style of video a "Documeme"
youtube documemetaries are the best
Documemetaries! Meme and Meta included in the word! Breaking the 4th wall and the densty of your stubborn gall! Bringing infotainment against your stupidity ailment!
hmm, this must be why it filled me with so much rage
Mementary
I prefer documemery without the "t".
"Here's what these kids are doing ... and they are psychopaths" XD XD gets me every time.
Starting with 5k, Making 700k, then losing 500k again, he better should have stopped^^
Yeah some people amaze me, 700k is definitely enough to last a lifetime or 2
Edit: Holy shit this is my most liked comment, thanks lads
@@keith8225 yeah it depends. some idiots will spend it in a day to crash a jet liner into a military facility
• •••• haha yeah i wouldn’t be surprised if the guy was gonna do that
I tell ya if I make 700k like that yaint ever knowing who tf blew up a low-mid class suburban home and escaped on a Honda NSX Type R
The temptation to keep investing is so great you can’t imagine it
that’s why I lost my 50 euro investment into csgo skins
This aged like fine wine.
More like grape juice with a pickle in it
@@realryanvarnell That’s even *BETTER*
Hits so different now lol
@jarod D. vernat rip people who didn't take their money out at the right time.
F
This isn’t true. I do all of my trading in robinhood, solely relying on information from WallStreetBets and I’m doing just fine.
My homeless shelter even serves chili on fridays.
gamestonk!
If what what said after the coma was true you'd probably be a millionaire right now if you bought when GME was so shortened that the price was at 3 bucks.
@@nik021298 You might still be able to weasle out 5 digits a stock if everyone holds it.
How's the wifi?
This comment has aged well.
"... Treat the stock market like their personal casino"
Well, to be fair, those so called "experts" have been doing the same for years, but they are the casino managers and operators.
And they have the insider information/ knowledge for their advantage
Imagine studying finance and economics , cringe
You’d be fired from any brokerage firm or hedge fund for buying OTM spy options with no hedges. If you don’t understand the difference between using options to manage risk an volatility vs betting the farm, you don’t know anything about finance and shouldn’t be commenting on these matters.
At least they are smart enough to manage their personal savings and not dump it all like a maniac
They wont ever share their secrets
Meanwhile on /biz/ discords:
>get created
>stay for a week
>everyone gets obsessed over one thing
>It goes to shit and suicide hotline gets posted on announcements
>server gets deleted
>suicide hotline gets posted on announcements
Holy shit is this real?
The Circle of Life.
>4chan
>discord
big think
@@bradman7281 yep a day before they nuke the server
this just sounds like gambling with extra steps
Calls on DKNG?
it is
correct.
Its gambling in a way that if you are smart enough that you can form your own method to make money consistently. But because there is no casino there is no reason to crackdown if you are winning too much. Though you pay the Casino (Market) someway else. For example in this case stock market still up, economy might go boom.
Also the extra steps means not only learning math but also politics, history, engineering, international relations , law and many more while gambling is just math.
Except you can start at 18.
"I can stay irrational longer than you can stay solvent." - WallStreetBets
And God bless those lovely bastards
Who do you think sold them these options though? Retail got milked, together with Melvin. The rest got fat off of straddles and selling calls to retards.
Millionaires: *making tons of money trading stocks*
Some poor people on Reddit: *start doing the same thing*
Millionaires: "These guys are criminals, they're insane, we need to arrest these people"
I know it seems similar at first glance, but there’s rules ya kno
Oy Vey
@@ItsBunnyBunsthey’re following the same rules
The millionaires get to skip some of them
"Literally no money at risk" should be a meme
It is
It is a meme set in stone in the golden autistic halls of r/wallstreetbets... also "literally can't go tits up"
"literally cannot go tits up"
I would like your comment but it's at 666 likes. Truly this is meme-worthy.
“Literally cannot go tits up” is like the golden meme of wallstreetsbets you normie.
The mods banning Robinhood instantly from the Subreddit is just the funniest fucking thing to me given what’s happening right now.
Bruh i cried from laughter at that part i swear
I love the internet hahaha
It’s great that someone is recording this stories so they don’t get lost. I was literally there as they were happening except for the ironyman one. One yolo win I remember is that a user acquired all the credit cards he could to max them on AMD stocks around 2018. If he didn’t sell he made 8 times his investment by now.
he for sure sold in the red
Thanks for reminding me that I didn't buy AMD stock like 4 years ago even though I was preparing to do it for a few months. I fucking hate myself.
if you enjoy investment bubbles and catastrophes, then read 'devil take the hindmost: a history of financial speculation'
@@ProStateExaminer I fking feel you man... Back when it was 8$ I was too young to do anything about it ( 17 yo) I fking hate this shit. I would have made 10x the money sigh
@@ProStateExaminer just buy it now, intel is still the market leader by a mile. Plenty of money to be made if AMD can become a serious challenger.
Bro i absolutely LOST IT at 14:16 when i saw that Robinhood was banned from the subreddit. Now thats comedy gold right there
It’s so fucking funny. 😂😂
The title perfectly describes WSB, pure chaos.
This is essentially what happens when a bunch of gambling addicts get together and have delusions of being GigaBrain masterminds
Me laying on the bed not knowing a single thing about the stock market: Yes, money is money.
Money can be exchanged for goods and services
Aah, money can get me stuff.
PokeFan 28 stock is neither goods nor services.
(Gremlin voice)
Stonks💹
There was a documentary on the 2008 Wall Street Crash called "Inside Job"
One of the interviewees was a guy who, only a few years prior, was selling trinkets on the street. His brother hooked him up with a trading job, and next thing you know, he's in a suit being interviewed on the actual news about the state of the market (looking credible despite knowing jack shit). Basically a proto-WallStreetBets guy, representing how clueless the market was heading into the crash
Still on my list, that documentary. Looks good.
@@boiledelephant it's very good, great tension. definitely give it a watch!
ayee i saw that
"19 y old student Analfarmer" jesus, i almost died
Wallstreetbets is just astrology for men
Michael Jackson
Underrated comment.
is stolen from reddit lol make ur own jokes
@@asdasdasdasdasd1596 i think reddit stole it from other social media
niceone
The sound that escaped u/ControlTheNarrative 's body as his soul fled at 14:02 has broken me. I've been laughing so hard it hurts for about 5 minutes now. Holy shit did I need that laugh today.
Genuinely great stuff, man, thanks for making this
🤣🤣🤣😭😭
ruclips.net/video/A-tNkuYV4_Q/видео.html
The origin of "GUH"
Is nobody gonna comment on the amount of editing that went into this? All those clips and captions. What a god.
The “guh” never gets old Jesus christ
This is why it's basically gambling- from an outside perspective we're all thinking "you have 100 GRAND, just TAKE IT and LEAVE", but because they played the game to get there they don't want to stop playing.
if I ever start, I'm gonna make it so I always have a set amount in my account. Let's say 10k, I wake up and it's 12k? Take 2k out. Wake up the next day and it's 8k? Wait for it to go back up to 10k
@@shrilleth
No you wont. You may think you will, but you wont.
Joel Tarnabene not if I set up a script to do it
@@shrilleth
You do realize that you will change that script later?
There's a Swedish saying "Much want more"
Joel Tarnabene not if I make it literally impossible. Password lock it with a randomized password I haven’t memorized
I hate my life but at least I don’t “made 700k and lost 700k in 3 days” hate my life.
Since I'm The Stupid when it comes to stonks, is there a reason he couldn't withdraw, let's say 500k and left 200k at the account?
@@SpoonJuggler nah he legit had access to 700k. he was just a gambling idiot and bet it all to the shitter. lmfao
@@christianmartin2814 Jesus
relateable
@@christianmartin2814 most of the gain/loss porn pre-gamestop are photos hopped and not real.
The guy made $600k and became too greedy by not putting his money in properties and quietly live a life of free income.
He YOLO'd his way to 600k with several all or nothing bets...what makes you think that the threshold for getting out was anything less than _SUPREME LEADER OF ALL HUMANITY_
If I got that much I’d be like Ight I’m done here or just take 100,000 of it and invest small amounts of it all over
@@owenblount7334 Same if I got 100k+ income I would just but a bunch of apartments and put them up on rent and continue my college degree as the guy is 19 and go after a job I want to get into
I don't know much about these sketchy wallstreet betting apps but i doubt it would be easy to withdraw $600k in one transaction overnight. Would love to be proved wrong though?
Go big or go home. M i right?
Big Boss is an artist, the video is masterpiece. Art
People who take their investment advice from Wallstreetbets are the type of people to sell their car to buy gas money
And they smell the gas for quality
Wsb doesn't invest nor gives investment advice. It's a casino. Trading/gambling isn't investing
@Coconut Crab with sniper
*Tastes, in a whine glass no doubt
I used to get fantastic investing advice from the sub and I still venture there to help me decide what my next move is. I shit you not, all you gotta do is go to that sub, ask for advise and the best stocks and the worst stocks, then promptly do the opposite you're told and you'll make a fortune.
to be fair, I needed a paint thinner...
It turns out, the fed had an infinite money glitch.
One that was yet to be patched.
It's called the money printer.
*and it go brrrrr*
Now I finally understand all the memes.
That money is being added to the national debt.
@@idkidk5229 LOLOL NIGGA WE DNC GET A BAG
It's only a matter of time before the whole thing comes back down like a stack of cards. I just wish they let it happen before instead of letting the kindling build up. When it does happen we could end up with a massive 80% drop.
@@Excalibur2 those are the best. That's when you really make money
Stock brokers: let’s short sell Game stop, it can’t possibly go tits up
And tits up they went
@@Redox_Rajox2628 If the retards of wsb get involved it WILL inadvertently go tits up for someone, somehow. Thats like a law of physics.
Still a shitty company
@@theexchipmunk Must take advice from them and make sure to avoid it.
Let's buy GME at $300/share
There's no way the price will taper back down to 50 bucks.
17:01 Yeah being in 2024, dealing with inflation for over a year, and the fact that a different president is getting blamed for it is just funny in an ironic sense.
*Shows riots*
"And the world was back to normal..."
I mean he's not wrong.
@D s Nah, we only burn cars when the local football team win/lose in the quarter-finals or higher.
The new normal
@@scorpixel1866 lmao people riot when their teams win
@@scorpixel1866 I think they mean the Gilet Jaune protests since nobody releases international coverage of sports goons riots. Also the French are just stereotyped as revolutionaries because the whole guillotine the aristocracy move was bold
I am not affiliated with this, do not believe the lies.
If everyones poor nobodys rich.
There he is! Get him!
Underrated imo
I hate Robin Hood can't succseed if he's around.
Robin Hood is a socialist right
Imagine getting 700k, being set for life and then losing it all in 3 weeks
If he was smart would of just instantly bowed out with his 700k but his addiction to keep betting on stocks fucked him
@@TheRagingStorm98 If he was smart he would've just bought and sold shares up to 1 mill with extremely little risk of losing it all. Could've been done in a matter of weeks on something like Apple or Tesla.
@@thelegacyofgaming2928
Is it still worth investing in Tesla stocks these days?
700k and being set for life? Where is it possible to live off of that for life?
Or do you mean using that as a base and living off part of it and investing a good part of it?
The thing is, the mindset required to make that much on a whim is the same one that will make you lose It all.
They wouldnt have made so much money If they werent retarded in the first place.
Chapter 6: GME The Movie, now playing in AMC theatres
"Chapter 3: Analfarmer 2"
Well, if that's not the name of a porno
The fact that it was "Analfarmer 2"...
Thus implying the existence of Analfarmer 1, a prototype that has vanished without a trace.
r/rimjobsteve
@@indoor_vaping hm
Imagine being a stock trader - like actually imagine spending hours and hours finding algorithms to make predictions for one day the entire economy to just go PFFFFFFFFFFFFFFFFFFFFFFFFFTTTTTTTTTTTTTTTTTT.
I mean yeah that’s what happens.
I made the noise
@TheBuragi tbf i've been thinking to get into the stock market but as a passive form of investing, is that dumb?
@TheBuragi In fact most "guts istinct" traders aren't math theory-crafting traders.
Most people check data and make their own judgements, check what other people are up to and yadayada. To do all of that and also build your own theory and software is just too much.
Lol their job has almost nothing to do with math. All the maths and algorithms and charts it's almost all smoke and mirrors, this chart says it rained last week, so it wont rain this week. Five head thinking.
This is the funniest shit ive ever seen, and i dont unterstand a thing.
Wonderfull
Its actually pretty scary because it's so funny and moronic
I'm thinking of wasting thousand in shit like this. Should I do it?
@@browngundam2170 you can change my life with couple thousands of dollars, invest in Africa?
@-_-TuXXish tuchusyee-_- nope
AFTER TODAY WE NEED A PART 2- MY GOD WE NEED A PART 2
As someone who knows aboustely nothing about stocks and the stock market:
*what?*
As someone who also doesn't know shiz about economy, I think it's meant that companies need moneh to make products, investors give the moneh to start production of the product, you get a small percentage of each product, if buying of a product rises you get a meme of: *stonks*
but rapid increase of dipsh!t investors crashed a market for it somethin'
@@wragokumbaya well, no. But you'll get there!!
You'd be perfect for WSB.
It’s simple, buy piece of company, company do good, your pieces are worth more
Buy low sell high. I think
Remember kids, buy high sell low.
Also, steal your parent's credit card and invest in V-Bucks
What do you sell
Instructions unclear, now have several tall children in my basement and no stocks.
I think you mean buy when you're high, and sell when you've hit your low.
@@adedhuman9582 sell me v bucks my mom wont give me her credit card I heard she has free money on there and she wont share to give me the v buckies ☹
Don't you just love how in America, "full economic recovery" means that some pixels turn green while tens of millions are unemployed and facing eviction?
Yup. Fan-freakin'-tastic.
Bears stay strong through this hard time 🐻🐻💞💕
That’s the entire world dumbass
Don't you just love how in China, "full pandemic recovery" means that the CCP says the country has recovered and not reporting cases?
I sure love how you can fault local governor's and city leaders and not the president for that, the president himself never mandated any lockdowns themselves, look to local leadership
It was the funniest thing ever seeing the one group of people who don’t have to contribute anything to society to make money mald because some internet group decided to use their own tactics against them
It's painful how confident/reassuring his voice is at the end.
it was a joke
@@iankinton9667 Sorry if it came off wrong. I more so meant it hurts knowing that it was a joke, because I wish that were reality.
I didn't mean "cringe painful", more "existential painful". I think that clears it up a bit?
coming back to this now after r/wallstreetbets took down one of the most successful hedge funds on wall street
That hedge fund also got a bailout for greed
@@mikep8953 They blew that bailout and more closing remaining shorts. They're hurting b a d .
RIP r/wallstrretbets, got yeeted off reddit and discord
@@Rickbane01 still there
@@Woodland_Warrior wait they are still there?
“Bet against Apple”
I knew shit was going to go downhill when I heard that
You would think you would need some big inside info to do that bet
@@DANTHETUBEMAN If i'm correct, he took that bet because apple put a lot of women in high positions and he thought: women cant do money
@@xm1808 Has he never met a hooker?
1:53 - "You sign up to Robinhood, which is infamous for breaking constantly and being absolutely terrible."
That's some of the funniest foreshadowing I've ever seen considering what they did with GME lmao.
W:H:A:::T:S:::A:P:P::√√√
+:1:::6:4:7:::4:9:1::3:4:4:9
I absolutely do not understand what stocks are or what this man is talking about but im laughing my ass off at this video.
Start learning bro, you'll thank yourself in 10 years, after your money's doubled.
Just buy stonks, who cares what they are retard. They make tendies and you like tendies right?
@@arnold2428 Surprisingly, this video didn't make me want to ever touch this thing ever
@@Tohlsimir This video showcases degenerate gamblers, not investors. Wall street bets is full blown gambling addiction. Though you could argue investing is gambling as well.
they're not buying the stocks, they're trading options which is a derivative of the stocks (leveraged instrument) that's why they can get crazy gains/losses in a short period of time. If you buy the actual stocks (barring penny stocks), it may take time often years and even decades for you to make multiples of your initial investment (and that's provided you selected good stocks).
Stock markets: AKA Legalized gambling
Gambling is already legal tho dawg
More like options lol. Stock market is supposed to be long term investment for best ROI
Isaac Popowski not in most states
It's gambling when you YOLO your investments stupidly without actually researching where you put your into. In other words, what these people are doing.
@Virtual Sky Tate Gambling is a one-off, random act of chance that usually cannot be predicted, such as horse racing, roulette (including Russian Roulette), dice, etc. Stock market trends can be reasonably predicted and consistenly investing in carefully researched trends can give a steady flow of income. Gambling can't do any of that. It's more of a random, go-for-broke way of investing money, which is almost identical to what the poor saps in the video did.
most of this is just people that didn't quit while they're ahead
Analfarmer2 was the worst. If he had just left when he had $700,000 he would've been set for life. That's not necissarrily "I never need to work again" amounts of money but it's enough to buy a nice house and comfortably work a part time job to slow the money loss. But of course gamblers never quit.
MrCompassionate01 yeah you literally buy a modest home/car and have everything paid off. And then just invest the rest and sit on it
@@MrCompassionate01 on the other hand he could've become a multimillionaire and never work in his life ever again
TheLastLegend but he could have done that with the 700,000
@@thelastlegend7632 Yeah, the problem is people say he should've pulled out at 700k, but if he actually managed to make more money, people would be saying he should've pulled out at 2,3 million. Personally, I would've pulled out at anything above 20k and just take my few k of earnings I've made.
Just remember this was before the whole thing with gamestop and everyone knowing about r/wallstreetbets
“Someone made 110K by accident”
*We all make mistakes in the heat of passion Jimbo*
Amateurs don't they know buy high and sell low is the only way
Watch when someone un-ironically does this on r/wallstreetbets
Got it buy high sell low
*Repeat until you are rich*
I love bitconnect
nah buy low sell lower
I really enjoyed the video. I didn't know about those subreddit though. Thank you for this.
Avoid the sub if you’re interested in learning about stocks and avoid people with less $ than you teaching about stocks
How? At this time it's the #2 discussed thread, bois are going wild, fasten ye seatbelts, we mooning 🚀🌕
@@koba2160 Stfu 🌈🌈🌈🐻🐻🐻
STOCKS ONLY GO UP 🚀 🚀🚀
You should learn what the whole subreddit just did to walk Street
I have invested on 3 stocks from wallstreetbets and they’re all up over 100%
Bears: The COVID market crash is gonna last years.
US government in a year: Money printer and Vaccine printer go brrr.
funny how the USA's various kinds of fuckloads of debt haven't been on the news in years.... def not suspicious
Aged well
"It literally can't go tits up" is now my favourite saying thanks to WSB
"analfarmer2 goes to bed...." One of the most suspenseful lines I have every heard.
r/ investing: * bans u/jartek*
jartek: "Screw you guys! I'll make my own investing subreddit, with blackjack and hookers"
What's the reference to
@@yumm186 Happy reading
m.imgur.com/gallery/BUyqs
“Then there are the other traders”
DoGecOiN 👁👄👁
the og dogecoiners wanted their cash out, and fast
ETHEREUM to the Moon 🌝
DGON vs oeci
Promote dogecoin
And now we have CattoCoin making people go crazy
its only stupid because these people sunk more money than they needed too. if you look at Robbin hood as gambling and only spend money your ok with losing its actually a ton of fun. i made $20 over a span of a week.
See it can be fun if you dont go all in, anyway my wife left me and I have to sell the house over lawsuits. I failed to pay my money back, cheers.
@@izzy8609 LMFAOOOOO
Dude, gold star being mentally stable. I couldn't imagine being 19 and having 600,000 dollars fall between my fingers. That's a lot of regret.
@@Mrpawsum2 That winning streak can really make you do some dumb things, and if he had only yoloed 1/2 to 3/4ths of his money he would still be up a couple hundred grand of his initial $5k investment.
@@BuckRodgers3 honestly, probably not. I think he was doomed the moment he kept going in for more. He would've felt like he had to make it back.
There’s so many posts of traders losing all their money. And I mean all of it. At least half of them invest their entire life savings into stocks, and many of those will lose it.
Most lose it. It’s a system only some can win. When _you_ sell high, everyone else’s stocks become worth less. It becomes worth more when people buy. It’s sheer luck.
Most of the people in this video aren't just investing in stocks though. They are trading stock options, which is way riskier.
@@DeathnoteBB No, not at all. Whenever you sell, someone else bought it. And whenever you buy, someone else sold it to you. The prices don't result from supply and demand because there is neither a constant supply, nor a demand.
Stocks are a portion of a company and traders are constantly trying to come up with a "fair evaluation" of the company. If you think you are "selling high", someone else thought there's more potential in that company. He bought it for the cheapest price he could get it for right now, expecting it to go even higher.
Yeah, if I would ever invest in stocks I would have done it like I did with my Bitcoins: Only invest as much as you can afford to lose.
If it weren't for those people, then there wouldn't be those making money on the stock market. Somebody has to lose for somebody else to win.
So what I'm hearing is all the bad moves have already been made so I literally cannot lose
Robinhood getting banned from the subreddit is the funniest shit 💀
this is just capitalism if /b/ ran the economy
LOL. This shit crack me up. So true XD
Nah not enough money in trap porn stocks
/biz/ actually
I mean they are all on the same end of the spectrum.
@@Kastor774 what's the difference
Jan2021 exists*
Wallstreetbets: *” I’m gonna do what’s called a pro-gamer move”*
🤣🤣🤣🤣🤣
Honestly, r/wallstreetbets is basically like fantasy football forums, only the stakes are the entire life savings of people. It's so dumb.
my favorite part about this video is the part where it was posted 5 months before GME went to the moon.