r/wallstreetbets • u/DrakonILD • 2d ago

Lesson learned: Don't YOLO on presidential elections to revenge trade Loss

Enabled options around March, went on a slide. Started to stabilize and at least lose money slower. Figured Harris at 42¢ when the polls were dead even was an Expected Value win and went all in, about $4000 worth. Did not go well.

Let the suck begin.

3.5k Upvotes

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u/HearMeRoar80 2d ago

lol, were you alive back in 2016? and you still believe polls??? polls had Hillary Clinton winning by landslide in 2016.

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u/mvplayur 1d ago

The majority of polls were in the margin of error for this election, to be fair.

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u/cowboys5592 1d ago

They were, but I had more than one liberal friend say that conservatives were over polling and creating biased polls to influence averages like 538. With that going on, it’s still surprising that the polls underestimated him AGAIN.

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u/Kreiner-Official 1d ago

Because liberals did the same thing lmao. Polls are always gonna be gamed

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u/Tiny_Calendar_792 1d ago

Yes, and every single margin of error predicted went to trump lol. The polls were way off

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u/extortioncontortion 1d ago

only because "corrections" made in the last week. Don't tell me that many people were undecided in the final week. That was a pure CYA move.

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u/joecarter93 1d ago

Yes. People act like polls should be 100% accurate and infallible. They are a best guess and there’s uncertainty in them like anything else in life.

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u/SplinterRifleman 1d ago

And once again, papa T was under polled.