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Economy stonks v16, can't spell ludicrous without lucid.

brackis1 said:
I would rather be losing money today than having to watch this congressional hearing. Any tips on making that happen?
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i'm doing both and trying to 'undo' my webull roth. i'm getting hammered via distractions
 
lol @ this anthropologic stroke sesh by the reddit dude about how it's devoid of hateful speech and "every post must be earned"
 
mkess101 said:
This thing predictably starts off with "ZOMG the whole thing is rigged so the little guy can't win!!!"

How about... people shouldn't risk capital they can't afford to lose on volatile plays? If you diversify, dollar cost average, and don't expect to get rich quick the market ALREADY CAN work for "the little guy".

I trade stocks now for a few grand because if I lost every penny I'd be fine. The bulk of my investments mirror my knowledge and access to the markets...diverse, low risk, long term.

But nah, let's make the RH CEO look like Satan instead.
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Yes, invest at your own risk.

But also, robinhood and most other brokers fked the little guy. Without their intervention, the stock goes to 1000 easily and hedges get broken.
 
kahiljabroni said:
Yes, invest at your own risk.

But also, robinhood and most other brokers fked the little guy. Without their intervention, the stock goes to 1000 easily and hedges get broken.
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dude.

1. i doubt it.
2. rh didn't have a choice. it was the dtcc that increased the collateral requirements to sky high levels, which resulted in the restrictions from the brokers.
 
kahiljabroni said:
Yes, invest at your own risk.

But also, robinhood and most other brokers fked the little guy. Without their intervention, the stock goes to 1000 easily and hedges get broken.
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But they have to adhere to capital requirements right? Yeah maybe they got caught unaware by the extreme volatility, but that's at worst being unprepared. It's not some devious plan they had to F over the little guy.

Honestly, I don't know every detail. The Melvin Capital CEO says they were already out by the time trading was halted. Is he lying? I have no idea.

Admittedly, some of this is over my head. The timing on executing trades and the effect, etc.

I just know that I'm not really much smarter than the average person and I'm dumber than plenty. And I've known for a long time that you don't put $ at risk that you can't afford to lose.
 
mkess101 said:
But they have to adhere to capital requirements right? Yeah maybe they got caught unaware by the extreme volatility, but that's at worst being unprepared. It's not some devious plan they had to F over the little guy.

Honestly, I don't know every detail. The Melvin Capital CEO says they were already out by the time trading was halted. Is he lying? I have no idea.

Admittedly, some of this is over my head. The timing on executing trades and the effect, etc.

I just know that I'm not really much smarter than the average person and I'm dumber than plenty. And I've known for a long time that you don't put $ at risk that you can't afford to lose.
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think about it like if a car dealership was taking $200 reservations on cars (absurd options) but then suddenly got 2000 orders. They'd have to stop taking reservations because the cost of acquiring that many cars at one time suddenly would be ridiculous, and outweigh the value of the deposits in terms of risk to the dealership even if the idiots making reservations were willing to lose their deposit.
 
rob mafia said:
why the fuck is maxine waters handling this, anyway? ugh
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Her and McHenry are a TERRIBLE COMBO to lead this shit.
She gets too vocally inflammatory while he gets too snakey with his underspoken counterpoints.
 
lol McHenry simping and "apologizing on behalf of the government" what a shithead fake southern manners political dipshit. WTF does that even mean retard beyond you groveling to voters and companies?
 
i'm starting to wonder why ANYONE is 'there' for this.

it's not just deepfuckingvalue, but the politicians seem to want to waste everyone else's time, too.


edit:

lolz, it's just one grandstanding politician after another.
 
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fuck me in the poo hole too for not shorting SNBR and TWLO off earnings and trying to perfect the top. Missed on each by 1-3% and missed 5-15% gains.
 
rob mafia said:
i'm starting to wonder why ANYONE is 'there' for this.

it's not just deepfuckingvalue, but the politicians seem to want to waste everyone else's time, too.


edit:

lolz, it's just one grandstanding politician after another.
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the politicians are just like the billionaires using this as a topical feeding frenzy.
 
There is officially not a single green thing in my main trading account right now.

Even in my Roth most of my boomer ETFs and even the foreign ETFs are down. Crypto is the only thing doing any lifting me today.
 
I will purchase 1 share of each ARK fund if I get a good spac merger to hit this week.
 
brackis1 said:
the politicians are just like the billionaires using this as a topical feeding frenzy.
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That's literally ALL I am getting from this nonsense.
 
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