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So your theory is that they're terrible traders, and your evidence is that they made huge profits on call options?
by DennisP 7y ago
So your theory is that they're terrible traders, and your evidence is that they made huge profits on call options?
- martin_bech 7y agoNope his theory is that most trading is algos, and you can mess with algos, by doing crazy stuff.
- geneticswag 7y agoCase and point, just five years ago Redditors figured that out that by upvoting a post of image of a potato titled "Gaming Console. If you upvote this potato it will show up on Google Images when people search for Gaming Console." It even borked their news algorithm - https://i.imgur.com/A0zLPSR.png https://i.imgur.com/A0zLPSR.png
- asavadatti 7y agoNot trying to be a jerk but the phrase is "Case in point".
- reaperducer 7y agoIt's fine, for all intensive purposes. (This is what happens when a society stops reading books.)
- mrandish 7y agoBy in large, you are correct.
- misterprime 7y agoI really could care less.
- deleted 7y ago[deleted]
- jartelt 7y agoSimilar for "all intensive purposes" vs "all intents and purposes"
- justanotherc 7y agoCommon guys, getting the phrasing right is not rocket appliances.
- econcon 7y agoWrong application becoming popular sometimes results in new phrases.
- jamiek88 7y agohttps://old.reddit.com/r/boneappletea https://old.reddit.com/r/boneappletea
- tialaramex 7y agoTheir right hand side doesn't mention it, so I'm intrigued whether this sub-reddit pre-dates Language Log naming almost this same type of mistake an eggcorn? Specifically an eggcorn involves an erroneous analysis, in the name example a person figures an acorn does look rather like an egg and so maybe that's why the name for it is "eggcorn". Likewise "tow the line" mistakes the metaphor as involving pulling a rope rather than standing against a chalk mark ("toe the line") and "free reign" assumes it's about some analogy to absolute power of kings rather than controlling horses.
- ibeckermayer 7y agoABCDEFGHIJK ELEMENO-PEE
- maxerickson 7y agoGame set in match!
- keithlfrost 7y agohere here! okay, i'm going to reign this in.
- musicale 7y agoYou could of been a contender, but I disagree with your basic tenants. You are so bias. Reading this whole thread is nerve-wracking and puts me through the ringer.
- geneticswag 7y agothis... makes a lot more sense
- trengorilla 7y agoPeople have been doing this pretty much since Google existed.
- henryfjordan 7y agoA few lucky ones made money on terrible bets. There's no way that the posters to that subreddit are breaking even in aggregate.
- plorkyeran 7y agoAFAICT the overwhelming majority of posters on WSB are basically burning money. Make enough bad trades and eventually one will accidentally make a bunch of money, but it's definitely not the norm.
- dragontamer 7y agoHonestly, I'm convinced that most know how to hit F12 on Firefox and edit HTML pages to 'prove' that they are buying meme stocks. I have zero expectation that their 'proof' is even proof. All modern web browsers have a debug mode that allows you to easily edit HTML.
- manigandham 7y agoMost of the screenshots are from Robinhood mobile and real. Who's actually posting what is the difference and you only see the big gains and losses since they're exciting and not the thousands of people losing money daily on bad trades.
- jayrot 7y agoSports gambling culture operates almost exactly the same way. The guy who shows you his $1000 at beginning of the season for the Chiefs to win the Super Bowl is already $100,000 in the hole from other bets.