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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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19277212 No.19277212 [Reply] [Original]

This is what you get for being rational in a clown world. It was my belief that the market still had more downside after it's initial bounce from bottom levels, so I shorted. Economies around the world have been shut down for a few months. 15% and rising unemployment in the US and these people won't be magically getting their jobs back right away. I don't understand how this clown world works man. Why the fuck is all the FED intervention necessary? Nice 7 trillion balance sheet. Why the fuck don't they just let the market correct itself? It just feels so fake, because it is fake. This shit just makes the future look bleak.

P.S. the market will now correct itself to the downside now that I've been stopped out.

>> No.19277231

>>19277212
Is there an inverse ticker that tracks your movements?

>> No.19277258

>>19277212
I just went all in on weekly SPY puts at the close. Thanks for your sacrifice. Monday will be ugly.

>> No.19277259

>>19277212
You were always poor and deserved to lose everything. Better luck next time

>> No.19277267

>>19277231
Kek

>> No.19277274

>>19277231
Just buy meme stocks these days man. Doesn't matter if they lose money every quarter.

>> No.19277304

>>19277212
If you haven't figured out the answer to your questions yet then you are destined to never make it
Enjoy slaving at McDonald's for the next 3 years to remake your stack

>> No.19277308

>>19277212
>so I shorted
how did your short position lose 97% in value?

>> No.19277311

>>19277231
too soon

>>19277212
>Why the fuck don't they just let the market correct itself?
honestly whats up with ppl like you? do you understand this world at all?
who writes the laws? who pays the politicians? why would these people ever allow the market to fall?
stocks / gold / bitcoin only go in a single direction. if something falls more than 2% its a national emergency which requires 7t of printing to correct.

>> No.19277323

>>19277258
>Monday
monday isn't happening chump

>> No.19277354

>>19277212
The wealthy have nowhere to protect their wealth other than in equities. We might see some more downside but the market is unironically poising itself to see explosive growth. The wealth gap is going to accelerate over the next couple of decades which means golden bull in all markets.

>> No.19277362

>>19277212
Should have listened to the old axiom

The market can stay irrational longer than you can stay solvent.

>> No.19277387
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19277387

>>19277311
>honestly whats up with ppl like you? do you understand this world at all? Who writes the laws? who pays the politicians? why would these people ever allow the market to fall?

>> No.19277405

>>19277212
I bet you're one of these faggots shitting up every thread how the economy will die and the stock market will crash. Got what you deserve lmao

>> No.19277407

>>19277212
Funny how you're not wrong at all. You were just too early to pull the trigger. Sorry man

>> No.19277412
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19277412

>>19277274
I'm up 100%+ on KOS in 5 weeks and they've had negative earnings for the past 4-5+ quarters

>> No.19277413

people on this board are retarded. wake the fuck up. yall are gonna bet against the collective leadership of the entire world to come up solutions and get us through a crisis? we're taking action and the economies of the world are shifting to accomodate the new paradigm. we are literally fine

>> No.19277452

It's amazing how people with no clue what they're doing are surprised when they lose.

>> No.19277464

>>19277413
/biz/ always thinks it knows best
this is why you always do the opposite of what /biz/ says

>> No.19277474
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19277474

>>19277212
>NNOOOOO YOU CANT JUST SAVE THE ECONOMY AND PEOPLE’S LIVES!

>> No.19277527

>>19277412
My nigga, I only have 650 kos but I'm happy with them

>> No.19277543

>>19277412
>>19277527
Should i sell my mro that is literally doing nothing and buy more kos? Like 1000 dollars worth?

>> No.19277578
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19277578

>>19277212
>MUH HECKIN SPY PUTERINOS THE STONK MARKET WAS "SUPPOSED" TO DO WHAT I WANTED IT TO DO THEREFORE BECAUSE IT DIDN'T IT'S A "CLOWN WORLD"

>> No.19277675
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19277675

NOOOO ITS NOT FAIR I MISSED IT GOING DOWN THE FIRST TIME AND I DONT KNOW HOW TO READ HISTORIC TRENDS OF PAST BEAR MARKETS SO I DUMPED MY SAVINGS ON SHORT DATED FAR OTM PUTS

WHY IS THE GUBERMINT PROTECTING THE STOCK MARKET AND NOT MEEEEEEEEEEEE

>> No.19277735
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19277735

How do i short OP?

>> No.19277770

>>19277212
Only thing that matters is that the fed is printing, so buy retard.

>> No.19277814

>>19277258
>Monday
You shouldn't trade stocks

>> No.19277862

>>19277258
Monday is Memorial Day retard.
I'm not american and even i know that.

>> No.19277869
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19277869

>>19277212
>im not the clown, the market is

>> No.19277897

>>19277212
No, this is what you get for being a stupid bear faggot. You blaming your losses on the market and not your own idiotic decisions is sign #1 that you haven't learn shit and you'll just go on to blow your next account up as well. Fucking retard.

>> No.19277909

>>19277212
Thank you for your service, now the dump can begin

>> No.19277926

>>19277814
Oh wait, stock market closed on Monday? Noooo

>> No.19277933
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19277933

>>19277212
>while others worried about their parents and grandparents dying, losing their job, and hopsitals overflowing with the sick and dead, I was hoping and praying for as much death, sickness, misery, and poverty as possible so my shitty puts would print
You deserve to lose all of your money.
No refunds.

>> No.19277939

>>19277258
RIP

>> No.19277957

>>19277212
you realise by printing USD the USD price of stonks inflates?

30k dow aint what it was 3 months ago

>> No.19277964

>>19277387
He meant corporations you fuck. Obvs theyve got so much capital to be lost that they dont mind throwing a few pennies at politicians in order to sustain their money bags

>> No.19277987

>>19277212
It's not about total numbers it's about growth rates or "seeing the light at the end of the tunnel". The stock market usually bottoms around the time initial claims bottom (for the 4 week moving average). This market was first all about seeing the light at the end of the tunnel (mostly Italy since it was the worst Western country and was 2 or 3 weeks ahead) and then seeing the light at the end of the tunnel regarding initial claims.

There's a reason the stock market is A LEADING indicator of the economy and not a coincident one.

The Fed did help a lot but they helped with liquidity. The real problem is solvency but that for the next few months. Compound to that the risk of a second wave, the risk that the market will take too long, the elections, and the Chinese relations and you get this sideways trading that we had in the past month

>> No.19277989
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19277989

>>19277212
well OP you did your best and thats what matters

>> No.19278026

>>19277212
>rational
>shorting the dip when everyone and there grandmother is buying it
>litteraly gambling when you could take lows as buying opportunities
>gambling more than you can afford to lose
>rational
Sure buddy

>> No.19278030
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19278030

>> No.19278029
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19278029

>>19277987
I forgot this image to prove my point

>> No.19278862

you can't bet against clownworld frendo, without impeccable timing.
i've been getting raped RAPED in my pton puts. it would have been even worse if i got beyond meat puts or disney puts.

>> No.19279037

You have to wait for the chain of bankruptcies. They are happening and will continue to happen.

>> No.19279079
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19279079

>>19277212
>doing this shit when you know your fate hinges on what some heebs decide to do to the market behind closed doors
i'm sorry for you and what you're dealing with is objectively a self defense situation but you goofed my man

>> No.19279211

>>19277989
show me the resources plsss

>> No.19279248

>>19277212
>i was wrong
>clown world fault

>> No.19279435

1000 / .4 = 2500
2500 * 1.88 = 4700
4700 / 1.3 = 3615
3615 * 2.3 = 8314
I shoulda gone all in on MARK

>> No.19279477

>>19279037
What bankruptcies?
Even Chesapeake still filed yet.

>> No.19280166

>>19278030
Kek, especially when you remember wallstreetbets doomer faggots lurk here.