I'm starting to think the people telling me to buy BB at $20 were being serious about not being financial advisors
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Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
Classic
WallStreetBets
I just fired out why they call them Brokers
I just figured out why they call them ‘Brokers’
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Fuck you all, I’m never listening to this sub again.
Yesterday I said we’d see a rally like we’ve never seen before
I was ridiculed and the market went down this morning so I accepted defeat and sold my nvda calls and got tesla puts.
My account is down bad right now. I also hedged with a tesla call so hopefully I’ll make something. Somehow oil also tanked.
Fuck you all. I’m only listening to myself now. You’re all retarded and so am I for listening to you.
Edit: not sure why some of you degens think I’m blaming you. Of course it’s my fault. This is a shitpost update. Stop taking it so seriously you retards
See you tomorrow
WallStreetBets
Daily stock prayer
Time for our daily prayer:
Our calls, Who art in PLTR,
Perfect be Thy Timing.
Thy tendies come.
Thy expirations be done,
on earth as it is in Wall Street.
Give us this day our daily Lambos.
And forgive us of our puts,
as we forgive those who buy puts against us.
And lead us not into Debt,
but deliver us unto tendies. Amen
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How traders politely decline the second date
I discovered recently if I am on a date and I’m not that interested in a second, all I need to do is start talking about my stocks. They won’t ask for another one then, I won’t have to politely decline.