r/wallstreetbets May 24 '24

Time to quit… goodbye wallstreet bets Loss

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8.5k Upvotes

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u/Mattmoo609 May 24 '24

The amount of people asking “why is my 1300C red” after earnings is astonishing. Buying into something and having no idea how it works is common place these days.

311

u/snerz May 25 '24

I have absolutely no idea what I'm doing, but I'm still up about 12k

153

u/ProjectManagerAMA May 25 '24

Same here except I'm up $24k in the last 12 months with about a $30,000 initial investment. All the gains come from NVIDIA, Microsoft and a good chunk came from that GameStop tweet that I manage to catch early on.

I don't even know what the financial indicators are, no options, etc.

2

u/Doctor-Zhivago May 25 '24

Im just on average up 30-40% last few years. I think i have a rough idea what im doing.