I work with a guy that worked on wall street in the early 90s. He stopped day trading a few months ago and now just bets on sports. Pretty sure his betting and coke habits are why he is where he is now. If even he thinks day trading is to volatile I’d stay away from it.

Took out a long to invest it all?

always put stop losses when investing that much into 1 single stock.

helps minimize losses drastically

this is why you always diversify your portfolio and never expect anything from single stock purchases.

invest in a mutual fund next time.

Stocks are gambling. You never gamble more than you're willing to lose.

RKT to the moon 🚀

THIS

After all the vids they watched he still forgot this basic rule

My uncle lost 250k a day when it was first goin on

holy s***

Daaamn wow

Ya he’s got a f*** ton of money in the stock market. He’s been retired for over 20 years becuz of it. I think he got most of the money he lost back

i need an explanation

Day trading?

Loan... for the day-trading?

...................

Reddit subreddit user from /r/WallstreetBets shows his portfolio, which shows his "yolo bets" (Careless and reckless bets, hoping they pay off) have given him nothing but a net loss in the end of $40K

PLEASE 🤣🤣🤣🤣

Gambling addiction

you’re f***ing ed, this is how idiots lose money. actually read a book in this topic like security a***ysis instead of watching f***ing youtube scammers

What are these "options" that people are trading? I remember that dude a few months ago killed himself cuz he thought he owed millions on robinhood from options

U bet that a stock with go up or down by a certain period. If ur right u win if ur wrong u lose.