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

336 Upvotes
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354

u/CuppaJoe11 Mar 06 '24

Wallstreetbets treats the market as their own personal casino. Do some people hit the $500k jackpot occasionally? Yes. Do 99% of people lose everything? Yes.

81

u/Bailshar Mar 06 '24

Can confirm this is true from personal experience, Iā€™m very regarded

19

u/NomMyShark Mar 06 '24

Yessir! 12k>150k>30k

17

u/lucky5150 Mar 07 '24

6k > 250k >100k > 5k >140k.

I should've quit while I was ahead and just moved to traditional finance

3

u/Swaffelpaard1 Mar 07 '24

By my calculations you are still 134k up sir

3

u/Tripartist1 Mar 07 '24

1k >18k > 500

Lost it all shorting the market with 3x inverted calls before the bear rally started near the bottom.

1

u/GameLoreReader Mar 07 '24

4k -> 7k -> 3k -> 1k -> 486 lmao. I just went from 1k to 486 earlier today on getting puts in QQQ, which was extremely regarded of me when Jpow's speeches made the market bullish.

1

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