Live and learn, and on the rare times where inverse wsb is wrong, you’ve already made enough money that it’s inconsequential unless you YOLO every trade
So the House of Representatives took an 8 week taxpayer funded vacation. They each make $174k a year which comes out to 174,000/52*8=$26.8k per member, which multiplied by 435 comes out to $11.6M to pay them to not work. Still small potatoes considering that each of dear leader’s weekend golf trips cost at least 2-5x that. Oh well, more money flowing out of the treasury into their pockets which they’ll inevitably yolo into the markets, so feeling bullish. Calls it is 🚀🚀🚀
Trust me I’m anything but poor. I’ve done pretty well in tech and have plenty of money to yolo, but I’m also an internet dweeb and come across this victim mentality every day which is impossible to ignore.
Funny how Reddit assumes that anyone with any decent amount of money, such as to yolo on this sub, must have gotten it from their parents. Has it ever occurred to them that maybe they earned themselves through working a job, and not everyone works at Wendy’s making minimum wage? And even if we assume they got it from their parents, then how do you think their parents got it? And if you’re just gonna say their parents, it has to start somewhere and somebody had to have been self made at some point. The number of people with a good amount of money in the world far exceeds the number of old money aristocratic families, and it’s not even close…
Thanks for your submission!
To keep things interesting, we want to see big gains and big losses!
So we've set the following thresholds for Gain, Loss, and YOLO flaired posts:
* YOLO posts must be a minimum of $10,000 of options or $25,000 of shares and recently opened.
* Gain / Loss posts must show realized gains or losses of more than $2,500 for options or $5,000 for shares.
We want to see the actual trade. What you got in at, what you sold at. Then tell us why you did it. Give us the story of why you're a fucking genius (or idiot).
This is what a great post looks like:
[$17.2K Gain on AMZN](https://www.reddit.com/r/wallstreetbets/comments/wb5m4o/not_too_shabby_172k_gain_amzn/) - OP described his gain in the title, has a clear screenshot showing both the entry and exit, meaning his gains were locked in, and they explained their reasoning in the comments and what they learned. All around a great post!
Here are examples of what could get your post removed:
* [$300,000 SDC Loss. Still not selling](https://www.reddit.com/r/wallstreetbets/comments/wpm9am/over_300000_unrealized_loss_sdc_not_selling/) - Even though this is a tremendous loss and something worth posting about, **the position hasn't been closed yet**.
Here are examples of amazing posts which could have been even better:
* [$75,000 DDOG Loss.](https://www.reddit.com/r/wallstreetbets/comments/unsrey/loss_porn_ddog_call/) - This is a great post and one that won't get removed. However, the OP could have talked about *why* they entered the position in the first place, what their target price was, and what went wrong. OP didn't stick around in the comments to answer any questions.
* [$1.1MM Loss, No details](https://www.reddit.com/r/wallstreetbets/comments/lxm6wt/hold_me_1100000_loss/) - OP simply posted a screenshot of their overall portfolio balance. It's definitely a big loss, but it's not that interesting without OP talking about what trades they were in and why. OP didn't answer most questions in the comments which left many readers speculating on what happened.
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All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers.
If you need some guidance, don't hesitate to [reach out to modmail](https://old.reddit.com/message/compose/?to=/r/wallstreetbets) and we'll give you some pointers!
Lord, give me the strength to smite down these filthy, stinky bers, guide my calls and my yolo full ports so that they may cause maximum distress to bers all over.
This is the prayer I pray, every morning before trading and each night before bed.
Ber r fuk