Submitted by trade_nation t3_z5znie in wallstreetbets
skarbomir t1_iy2ggv3 wrote
People always get this confused. I think because it seems so simple. By buy low, he means buy stock when you’re at a low point in life. I have -$17 in my bank accounts so I bought deep otm spy puts.
Sell high means when I’ve lost my home, dog, and wife to the robinhood secret service, I will sell my puts in between hits of that rock while I’m living under the overpass near the river.
In this way, I have bought low and sold high.
This is financial advice btw
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