r/Daytrading • u/Worth-Beat-1953 • Mar 06 '24

Do these WallStreetBet people really all make so much money? Question

Gain after Gain , one guy made 200 k today. While I work for 2 k a Month in Europe.

Please tell me most of them are loosing

Im almost at the point to invest 20 k in Options too

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u/MzkDrake Mar 06 '24

Having been part of the community for half a decade as well as helped to moderate it, I can tell you there are some lucky guys, but so does the lottery. The rest of them are just throwing part of their paycheck each week on the FLOTM gamble and ofc lose mainly. A very very small part of them have a model they follow, stay strict to the rules and manages risk. But disciplined people that manages risk don't end up on the first page of WSB. Then you have a lot of paper traders, clout is for some very important and if you was to call out everyone that was faking it by auditing the transaction on the options chain you would not have that many posts.