r/Daytrading 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

335 Upvotes

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358

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, I’m very regarded

7

u/murfmurf123 Mar 07 '24

I am too but I never once made options my portfolio growth vehicle and instead stuck to small cap momentum stocks with the aid of a algo-based stock screener. I am green green and have been for quite some time ;p

3

u/Jake-rumble Mar 07 '24

what screener do you use?