It might take a while to get used to how we talk, but you'll quickly find that this subreddit is surprisingly kind. What you won't find here are political discussions, self-promotion, and other nastiness is not related to our single and most important goal: making money.įor those new to the subreddit, you'll notice that we use some "colorful" language. He's worth 8 (9?) figures now, so who knows, maybe you'll be next? So if you have an insane trade idea, post it here! We look forward to roasting you like we did u/deepfuckingvalue when he posted about GameStop in 2019. We have people who lost bets and had to drink their pee and tattoo our logo on their butt (NSFW). We've got Pokimane, asking what to invest in and becoming a moderator and subsequently crashing the market in March. Beast investing $100,000 in whatever the top comment said to invest in. Like when we found the "infinite money cheat code" on reddit, forcing Robinhood to post to WSB and push an update disabling options, we had the CEO of Turing Pharmaceuticals, Martin Shkreli, regularly posting, livestreaming, and even becoming a moderator. Like resident GameStop multimillionaires u/deepfuckingvalue, we had the guy who accidentally made $110K, there's the guy who shorted the powerball lottery You can check out some more of those gains here. You can check out some more of those losses here. There was the guy who bought gourd futures and lost everything, the guy who turned a $5,000 investment into a $58,000 loss, the guy who put everything on the Argentinian peso, hours before it collapsed, the guy who had to take physical delivery of oil and "GUH" which is a video you just need to watch. Wallstreetbets is a place of high risk, high reward, trades. We wanted to take a moment and teach all the newcomers what wallstreetbets is all about. In the past week, subscribers have quadrupled, pageviews have surpassed 1 BILLION, and the potential financial gains are unlimited! Over the past few days, this subreddit has seen an absolutely insane amount of growth. Hop into the daily discussion thread (at the top of r/wallstreetbets/hot), have some fun and stick around! Well, with the economy currently collapsing, it's only going to get more interesting going forward! Welcome newfriends to WallStreetBets (WSB)īelow is a time capsule of what you missed out on in 2020! Ah, feels like it was yesterday. Hours respective to their own timezone.Read the FAQ if you're new to both wallstreetbets and trading. The board may have added a little froth to Tesla Inc.’s $90 billion rally.The rules and submission guidelines are maintained on new Reddit so be sure to check them and make sure you're up to date. went crazy shortly after being mentioned there. Hitherto sleepy companies such as Virgin Galactic Holdings Inc. But even veteran traders have trouble dismissing a 900,000-user Reddit forum called r/wallstreetbets, or r/WSB for short, whose tips and tactics have shown an uncanny ability to push prices, at least for the short term. The latest sell-off, driven by a new wave of coronavirus fears, shows how quickly markets can turn on you. History hasn’t been kind to people claiming to have a magic hand. Wall Street doubts they’re right, but it’s getting nervous about what it sees there. Some of them think they’ve found the key to fast wins on the stock market. In a dingy corner of the internet is a message board, soaked in profanity, bro-speak, and greed, where posters with handles such as OverthrowYourMasters and yolo_tron campaign for their favorite stocks, putting up screenshots from their online brokerage accounts of their moonshot victories-or showing off their massive losses like badges of honor.
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