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What is going on in WSB is quite complex. You have: 1) Patsies who believe WSB advice and lose everything 2) Degenerate gamblers 3) People who photoshop fake
by anoncoward111 8y ago
What is going on in WSB is quite complex. You have:
1) Patsies who believe WSB advice and lose everything
2) Degenerate gamblers
3) People who photoshop fake gains/losses for teh lulz
As a result it is one giant exercise in delusion and I feel bad only for the people who lose a year's pay on options that have a 0.1% chance of breaking even.
- talltimtom 8y agoYou also have people who completely truthfully make a killing, not tricks no dishonesty. The thing is if you have people betting not up and down on the same thing and betting big, then somebody has to win, and more often then not the winners will post their story, leading to a biased image of a group that wins more than it loses.
- anoncoward111 8y agoMost of people doing the winning on options trading are the big institutions writing the options to the punters :(
- rue 8y agoThe house always wins.