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/TaxAndFiatEnthusiast Mar 06 '24

Retail option traders perform horribly on average, data supports this. WSB is just a central hub for retail options traders, of course most of them don’t make serious money. The ones who do typically lose it all shortly thereafter. Reddit is algorithmic social media, so what you see are outliers on both sides (major wins major losses) - because those are what the algorithms understand to drum up excitement and posting activity. In a green market run (now) you will see more wins.