shouldiquitamzn

So funny you say this. The two stocks that got me started were Shopify and data dog. I knew datadog was a great freshly IPOd cloud play, Shopify would boom due to the lockdowns. So I put a ton of money in Shopify calls at the March bottom, then rolled the profits into Data dog, then Apple and so on. It was absolutely my understanding of e-commerce that gave me the confidence. Also how lockdowns related to the cloud. It’s only been lately that I’ve taken shots on MEME stocks. Deep tech understanding, scouring cathie woods ARKK etf has been very profitable.

But I think from a broader perspective, I’ve made huge leveraged bets on VTSAX/SPY/IWM on stimulus news. Very obvious that financial assets will inflate with each extra fed move.

It’s a throwaway account and I just quit my job, I read for years that you can’t beat the market.

False. You have no idea about the trades I made. People are brainwashed, you can make money in the market. I made over 100 trades

I made over 100 trades

I made the money myself, I didn’t get lucky.

Edit:

The money was made over a 100 trades

No I made this money myself. In any time in basically the last decade, if you leveraged up on the SPY or QQQ, you are now retired. People are too risk averse, they will be stuck in a job forever

They are winning. That’s what people don’t get. This whole dumb money never wins mantra is what’s driving WSB. It’s a bucking of that false narrative. People working on Wall Street aren’t gods, but it’s their job to convince you they are

I’ve made millions on WSB options plays. I can finally quit my job and stop being a cubicle slave. The visceral reaction from the media on this is disgusting. Major hedge funds got caught on the wrong side of this, and have been making a huge stink about it. CNBC to the rescue, demonizing young middle class Reddit investors. This whole thing has opened my eyes to how even my FAANG compensation is peasant money, it’s too little even as someone in the top few percent of incomes. Capital > labor