[Copypasta] Anyone basing trades on technical analysis right now is a fucking tool

So many arrogant fucks here love talking technical analysis when they can't even do basic fraction arithmetic much less understand Ito Calculus. Fucking clowns, all of them. Shut the fuck up and do your trades. If you really need a number you can't even derive to tell you whether you should buy a stock or not you deserve losing all and hanging yourself. Newsflash, the stock market never made sense nor will it. Best you can do is trade shit you know about and feel still hasn't been spotted by the bandwagon of smooth brains on subreddits like this one or r/stocks . Or alternatively manipulate the market like the rich investors you look up to do. Warren Buffet's dad was a politician, if you think that shit didn't help that fat fuck then not only are you retarded but also delusional. Now stfu about volatility and RSI. If you actually knew what the fuck was going to happen you'd be chilling in Hawaii with a fat titty chick not on Reddit posting "technical analysis".
February 2022

WallStreetBets

https://www.reddit.com/r/wallstreetbets/comments/shrexz/anyone_basing_trades_on_technical_analysis_right
(▀̿Ĺ̯├┬┴┬┴ Psst... kid, you wanna disable adblock?
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Stonks only go up. But you don't.

You watch her as she brushes her hair. She’s humming a song you can’t quite hear and smiling to herself. Not for the first time, you wonder why this person chose you. She turns. “What do you want for Christmas?” You want to scream Save your money!, but you only shrug. “Nothing, really.” “Nothing?” She crawls into bed and touches your leg. “Are you sure?” Again, you wonder why this person chose you. As she takes the weight of you in her hand, your mind wanders. To your puts. They’ll expire worthless, like you. After several minutes of failing to conjure your manhood, she asks, “What’s wrong?” Stonks only go up. But you don’t.
December 2020

WallStreetBets

So I’m an AMC shareholder

So I’m an AMC shareholder, which means I own some of the business. Because the stock kept getting halted today I decided to go to my local AMC and support the stock by buying some concessions. I went up to the stand and told the casher (his nametag said Melvin) that I was a shareholder and wanted to support the business. He looked excited and told me to close my eyes and hold out my hand for a surprise shareholder treat. I can’t believe it, but he just covered my hands in liquid butter! Now I’m typing this at home and cant get it off my hands, and my keyboard is all greasy typing this, What do I do?
January 2021

WallStreetBets

Which one of you got reddit to send me this

Which one of you fucks got reddit to send me this shit "Hi there, A concerned redditor reached out to us about you. When you're in the middle of something painful, it may feel like you don't have a lot of options."
December 2020

WallStreetBets

I am going to short the whole country of South Africa

I assure you, this ISN'T going to get political. Because by all accounts South Africa is screwed. My planned position is bottom paragraph. Under the current ANC government there has been a general degeneration of all aspects of South Africa. Due to systemic nepotism, there are math teachers that don't know what square roots are, army officers that can't read, and cops that have never fired a gun. The practice of fictitious employees that take checks but don't work there is widespread enough that the government has drove itself into insolvency already. Estimates are that some 80% of government funds are misused in some way, ranging from government subsidies given to businesses owned by government officials to simply going missing from accounts. The ANC solved this, against advise of wiser people, with quantitative easing. Which is a fancy term for printing money, and since they could never possibly reverse that printer they're inflating the South African Rand which is why they've had two bouts of inflation near 9% twice in the past 20 years. That is all besides how the largely defunct government doesn't prevent anything on the ground. Roaming bands of pirates (many affiliates of the Marxist Economic Freedom Fighter party) will poison guard dogs and torture and murder residents often for as little as car keys and groceries. Many communities are functionally independent and take the law in their own hands, and in many areas utilities are defunct (untreated sewage goes in the river, untreated tap water comes out and it smells as disgusting as it sounds). South Africans are more likely to have their asylum applications accepted than any other nation as there are so many tales of rape and murder and threats of ethnic cleansing. This equates to the most educated citizens leaving SA and most SA based businesses diversifying out of the country as literacy rates have been falling. These disillusioned departures are not new, as they include the most famous Afrikaner in history Elon Musk who is now a naturalized American. Edit: The Economic Freedom Fighter's usual acronym isn't used because it's also the ticker for a penny stock. I first thought about shorting South Africa over a year ago when I was researching the country (I'm a historian, I read much on the country for fun). I found the only index tracking SA (EZA) wasn't an accurate representation of SA economy and buying puts on it was useless. It tracked only the largest cap firms, which are the aforementioned companies diversifying out of SA (mostly to other parts of Africa). Which is why it's a volatile ETF that overall trades sideways. Buying puts on it wouldn't really capitalize on SA going full Rhodesia/Zimbabwe. Zimbabwe having experienced the general breakup of modern institutions and hyperinflation due to similar problems. My new broker, IBKR, allows negative currency positions as long you post 10% as collateral. Now my native currency are US dollars, where inflation in 2020 was 1.4% while the South African Rand's inflation was 4.12% in 2020. That equals a 26.8% return on investment per year from that simple short position. But I'm expecting US Dollar inflation to stay between 1-2% a year while the Rand (ticker ZAR) stays north of 4% with inflation spikes inevitable over the next decade. This position also reduces my market beta, much needed for me as I've got hugely leveraged positions on American ETFs. This isn't a short term swing trade, I'm waiting for SA to implode.
February 2021

WallStreetBets

Tesla is undervalued

Currently Tesla share price is only valued for the next 200 years but studies have shown that Earth will survive another 1 billions years before the Sun dies out. Thus You don't have to be genius to figure out Tesla is heavily undervalued and it's current value factors in only the very short time. I am kinda retarded to be able to do the math but trust me it's heavy money. Factor in the when Zuckenberg calls in his species and that planet will be another market for Tesla that's more clients for Tesla and it will sky rocket. Get in before it's late
January 2021

WallStreetBets

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