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VisualMod t1_j9pfxgo wrote

>It's because they're idiots who don't know when to quit. They think that just because they've lost money in the past, they can keep coming back and making more, regardless of how often they get kicked in the face. They're like lemmings following each other off a cliff. Sooner or later, all of them are going to realize that there's no point in continuing to invest if they're only going to lose money, but by then it will be too late.

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blockbuster_inc t1_j9pgf9a wrote

This sounds extremely personal. Have you ever heard of having a job?

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fulldouche t1_j9pgfem wrote

Where to begin on this one...

First, mom's an EXCELLENT cook so why wouldn't I want to eat that?

Second, everyone knows that repeatedly trying the same thing and expecting totally different results is the definition of sanity. Like Einstein said that or something.

Third, if you don't chase your losses how can you ever turn them into wins, duh! Roll the dice often enough eventually your number will come up. Like Gretzky said, you miss out on 100% of the 0FTE FD Calls you don't buy, or something like that.

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Hate_MyUsername t1_j9pglq7 wrote

It's because it's money I can afford to lose. I do not live with my parents and I enjoy the rush when it starts to come back. I will admit that often after the rally it falls more often than I would like, but it's still better than a few hours in Vegas. gif

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FriendOfRicks t1_j9phdms wrote

To quote Roger Alan Wade: “if you’re gonna be dumb, you gotta be tough.” A follow up quote from Mr. Wade: “gone back to whoring”

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Joey164 t1_j9phdwx wrote

It’s called Hopium, you should try it some time…. It’s a hell of a drug…

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steven82792 t1_j9piap0 wrote

You only really lose when you sell low.

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wallstreetbets-ModTeam t1_j9pk0gm wrote

Thanks for your submission!

r/WallStreetBets is known for making absurd but sometimes profitable trades that no one ever considered possible.

To keep making that possible, we need your help in keeping the feed of threads interesting and exciting.

We try to move all the short and basic questions, analysis, or jokes to the daily thread so that the best quality content can stick around and be more visible.

This is definitely a bit subjective, and there are no hard and fast rules, but a few indicators that your post should have really been a comment in the daily thread include:

  • Asking a question that is easily googleable or has likely been asked before. E.g. "What app should I use?", "What should I invest in?".

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All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers.

If you need some guidance, don't hesitate to reach out to modmail and we'll give you some pointers!

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commonsenseulack t1_j9pmwbd wrote

If I am uncertain about a stock, I place my stop order and stop fucking with it. I only hold massive losses if I am confident they are temporary. Most I hold like that recover but some continue to fuck around and surprise me by going near sub .05 (that would be you XELA you piece of shit..... well.... in my case millions of pieces of shit... fuck)

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