/biz/ - Business & Finance

>>29071358
I got fucked by it but trading is asymmetric so that's the game. Hedge funds don't post their buys on social media and shit talk for a reason. All these retail traders were posting memes and laughing about hedgies being out on the street and killing themselves and their families being homeless. They wanted war with wall street and they got it. I'm just saying the execution was amazing but the strategy went to shit when hubris got the better of them. It has kind of faded away because of that and become more of a pop culture sensation. Notice most of the guys that crashed the market were seen as rogue traders and the money they took mysteriously disappeared. They usually spent some time in jail, but they can always say they beat wall street. They kept a low profile, their timing was perfect, and they remained silent even after the fact. The reddit stuff just made the strategy unrealistic at this point, classic hubris. don't get me wrong, it's fucked up. I hope instead of just dwelling on how unfair it is more retail traders learn from it and adjust. People talk to much online these days.

>>25008056
I AM HERE TO DESTROY TECH, YOUR TECH HAS NO POWER HERE BOY, I SEE MANY TRIALS AND PROSECUTIONS IN YOUR FUTURE, AND VARIOUS HACKS THAT NEWS IS NOT CAPABLE OF EXPLAINING, I SEE A RETURN TO LOG CABINS AND PRIMITIVE CAMP FIRES

I SEE ALL OF /SMG/ BURNING IN MISERY HOLDING BAGS FOR THE REST OF THEIR LIVES WHILE I PROFIT OFF SQQQ FOR ETERNITY