2 ms·
Is that the conventional wisdom of an actual day trader or just a wsb lurker? Not trying to be snarky, just honestly curious as I have seen very similar commen
by Red_Leaves_Flyy 6y ago
Is that the conventional wisdom of an actual day trader or just a wsb lurker?
Not trying to be snarky, just honestly curious as I have seen very similar comments on wsb.
I've no dog in these fights btw. I don't actively manage my portfolio and have little interest in ever doing so. Though I do enjoy reading about the failures of those who do day trade with millions.
- manigandham 6y agoIt's nothing more than a joke. You have no way of knowing what the true majority opinion is, nor does that translate to real trades which involve a lot more parties and money. And being the contrarian isn't profitable except in rare scenarios. The dips this week were a minor pullback. Anyone who kept going short while waiting for this would've been insolvent by now.