The Worst Losses in WallStreetBets History

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Atrioc

Atrioc

Күн бұрын

Пікірлер: 559
@someguy4096
@someguy4096 2 жыл бұрын
Personally I think Icarus didn’t just fly high enough.
@Cherokeechuck9
@Cherokeechuck9 2 жыл бұрын
Paper wings andy
@daniellagrou4014
@daniellagrou4014 2 жыл бұрын
nah wrong time of day, he should've hoddled till night time and flown to the moon!
@STNGR4Y
@STNGR4Y 2 жыл бұрын
@@Cherokeechuck9 this is an incredible comment. I bestow upon you one of the highest comedy awards I can: 😂😂🤣🤣
@DeadFanDeadFan
@DeadFanDeadFan 2 жыл бұрын
I think Icarus just needed to fly high oh Free Bird
@neonicon8500
@neonicon8500 2 жыл бұрын
Personally, I believe Icarus just didn't fly high enough.* You're welcome
@EonNeo
@EonNeo 2 жыл бұрын
How foolish Atrioc. Everyone knows that you don’t lose until you sell, so even if my portfolio says I’m “down millions of dollars” I know that I’m just one moon away from making it.
@ambmt
@ambmt 2 жыл бұрын
DIAMOND HANDS
@johnthomas137
@johnthomas137 2 жыл бұрын
Best part is that's not even true with options! You don't need to sell to realize your losses, they can simply expire! Such fun
@teddy90636
@teddy90636 2 жыл бұрын
You don't need to sell if your brokerage margin calls you tho.
@bluegromp7642
@bluegromp7642 2 жыл бұрын
so true king
@greenoftreeblackofblue6625
@greenoftreeblackofblue6625 2 жыл бұрын
Russian Rubles irl
@why2947
@why2947 2 жыл бұрын
People will literally have millions of dollars at their fingertips and yell “Diamond hands!!!” right before it crashes
@Cherokeechuck9
@Cherokeechuck9 2 жыл бұрын
But it could be trillions! Hodl!!
@taco_fetish5178
@taco_fetish5178 2 жыл бұрын
Hahaha the dogecoin millionaire
@aarepelaa1142
@aarepelaa1142 2 жыл бұрын
Yeah, million would be more than you need in your lifetime, but then you decide to just shoot yourself in the leg.
@mattbenz99
@mattbenz99 8 ай бұрын
The habits you use to gain wealth determines the habits you will have after wealth. It is why so many lottery winners end up broke. If you gamble to become a millionaire, you will gamble again after being a millionaire. If you had discipline, saved, and invested to become a millionaire, those are the habits you will have as a millionaire.
@shroomer3867
@shroomer3867 2 ай бұрын
People just have life changing amounts of money in their investment portfolio and they go: "Not life-changing enough, I need more" And then violently loose it all in a single night.
@vedaryan334
@vedaryan334 2 жыл бұрын
As someone who doesn't know shit about investing, the one important thing I got from this is not to mess with options and leverages
@txrnip
@txrnip 2 жыл бұрын
If I don’t know anything about investing I already know I shouldn’t invest for the foreseeable future
@ab-lymphocite5464
@ab-lymphocite5464 2 жыл бұрын
Then you are smarter than most of the stock market kitties that make irrational decisions
@graysonchorost5611
@graysonchorost5611 2 жыл бұрын
It sounds like if I make a $50 dollar bet I could make $5k, it’s only bad to the extent that these people are doing it. If you have those insane amounts of money to throw away, if you think spending 50k is nothing, then why not risk it on a 50m return
@ProAssassinII
@ProAssassinII 2 жыл бұрын
options can be a good play if you actually researched a stock and go for longer expiries, just for the love of god don't throw all your money on random weeklies lol
@ProAssassinII
@ProAssassinII 2 жыл бұрын
@@rygriff4688 blue chip stocks are burning your money rn lol
@ethanl5527
@ethanl5527 2 жыл бұрын
honestly, considering twitch is full of developing teens, atrioc being there to tell them not to do stupid shit is actually a great thing. props to the big a
@Fonyikopo
@Fonyikopo 2 жыл бұрын
My parents lost 500k in weekend on a few bad calls. Their retirement money just got evaporated and will probably have to work a few extra years because of it, don't fuck around with large sums of money you can't lose.
@justinbridgez
@justinbridgez 10 ай бұрын
a few extra years? your parents that should be death or that was their risk...start small. you can turnn 15$ into 3k on options in a day. risk is 15..but i hear ya
@undeadnoob6108
@undeadnoob6108 7 ай бұрын
@@justinbridgezwtf are you saying
@Fohnzii
@Fohnzii 5 ай бұрын
Your parents will never retire unless they're already millionaires
@alissacrizler4908
@alissacrizler4908 5 ай бұрын
Jesus loves you so so very much, I’m praying over you and your family!✝️✝️✝️
@undeadnoob6108
@undeadnoob6108 5 ай бұрын
@@alissacrizler4908 jesus aint giving them back those 500k tho
@Blumble
@Blumble 2 жыл бұрын
6:14 - the important thing skipped over here is that the market is priced in to the price of the PUT. You cant just predict it goes down, you have to predict that it goes down WORSE than what everyone thinks it will be
@hamoiq908
@hamoiq908 2 жыл бұрын
Just interested how does this differing from shorting stocks instead of putting a put option on a stock
@NicholasSunderland
@NicholasSunderland 2 жыл бұрын
@@hamoiq908 it's not. put options are a form of shorting
@matthewbelter4237
@matthewbelter4237 2 жыл бұрын
@@hamoiq908 With shorting a stock it's like you are selling a stock you don't have. At the end of the shorting period you must repurchase the stock at whatever the price ends up at. So when the shorting period is over if the price of the stock goes down you will make the difference of the 2 prices. When you have a put option it is basically paying into a contract that lets you sell a stock at a set price in the future (typically lower than the price you paid for it). If the stock goes below that set price, you can execute your option and make money on the difference. Put options are generally used by investment banks to reduce risk and limit their losses if the stock declines whereas shorting a stock is usually more so gambling that a stock will go down.
@TheGoodChap
@TheGoodChap 2 жыл бұрын
Its like betting on the over/under vs a bookies idea of what the price will be, its literally almost identical
@daintydiagnostics7238
@daintydiagnostics7238 Жыл бұрын
Not exactly it's priced 50% to the down side and 50% to the upside in general. In some cases it can be skewed in a particular direction. If the implied move was priced 100% into individual call or put options then option sellers would just be selling in both direction aka a straddle and make guaranteed money unless the stock moves twice as much as expected and nobody would be buying options expect for smooth brained retail clowns.
@kylezammit1868
@kylezammit1868 2 жыл бұрын
this makes me feel better about my life in general.
@bblvrable
@bblvrable 2 жыл бұрын
Likewise. I've made a lot of mistakes in my life, but I've never lost $4.7m thinking that a meme stock was going to rally after the meme died.
@kylezammit1868
@kylezammit1868 2 жыл бұрын
@@bblvrable yeah man the thing that goes through some peoples heads is crazy. I’m proud of the money I’ve accumulated at 21
@RobbStonee
@RobbStonee 8 күн бұрын
Buffet was also selling when the pandemic hit, a great entry point for people of my generation (30s, 40s) and a great period for stocks overall. My question is do you think it's a good time to consider selling some stocks too? I’m considering rebalancing my $2M portfolios and curious for the best strategies to do so.
@Marquez919
@Marquez919 8 күн бұрын
There are a lot of ways to achieve your goals but such strategies can only be carried out by market experts not a random KZbinr.
@Eugene-m2v
@Eugene-m2v 8 күн бұрын
Agreed, I just use KZbin for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own. I have consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains in close to a decade of having one
@Tnks4cmin
@Tnks4cmin 8 күн бұрын
I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
@Eugene-m2v
@Eugene-m2v 8 күн бұрын
Sure, *Marissa Lynn Babula* is the licensed advisor I use. Just research the name. You’d find necessary details on the web to set up an appointment..
@Eugene-m2v
@Eugene-m2v 8 күн бұрын
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@CodyTroutman
@CodyTroutman 2 жыл бұрын
The Benjamin channel is an absolute hidden gem. His videos are drop dead funny and I always learn something 😂
@claimmeonyourtaxes
@claimmeonyourtaxes Жыл бұрын
literally!!!! i miss him
@JoicSeth
@JoicSeth Жыл бұрын
​@@claimmeonyourtaxesso true! Where tf is he gone
@tobias-sager
@tobias-sager Жыл бұрын
@@JoicSeth he's still active on his patreon and as far as i saw he said that hes working on a video around 1-2 months ago
@magnesium13
@magnesium13 2 жыл бұрын
Imagine never having to work for the rest of your life and instead you refuse to sell Gamestop stock and lose it all
@mooncalf_4534
@mooncalf_4534 2 жыл бұрын
wallstreetbets lose money recreationally though, it's not about getting richer, it's about losing a bigger amount in a funnier way.
@Janz_u
@Janz_u 2 жыл бұрын
@@mooncalf_4534 Doesn't make it any better though. Imagine in few years you coming to realization that you'll be forever working at McDonald's "just for memes". It's fun but stupid and I can't see many of these people not regretting their decisions in future
@mooncalf_4534
@mooncalf_4534 2 жыл бұрын
@@Janz_u People spending tens or hundreds of thousands on CS skins aren't working at McDonalds because like most-any other investment, you have to already have a lot of money to realistically gain significantly from investing. CS skins are volatile but the market trend is ridiculously positive. I bought a MW Dlore back in the day for like $1100, now they're $6k or some shit. I bought my friend a Bfly back in the day for like $100 and it's like $700 now. Everything's flown up and it's been extremely consistent and with a rise in skins-as-investments, the trend'll continue in very high-end skins. For a while at least.
@Sahbab11
@Sahbab11 2 жыл бұрын
@@mooncalf_4534 who says csgo won’t die off? It hasn’t had any updates in years and years
@mooncalf_4534
@mooncalf_4534 2 жыл бұрын
@@Sahbab11 It still gets updated regularly, you might be thinking of tf2
@brbtexting6595
@brbtexting6595 2 жыл бұрын
I'm the exact opposite of these people. On the 35k to 5mil one I would have cashed out at 100k thinking I'm a genius and then cried for the next 6 months
@devindameron
@devindameron 2 жыл бұрын
real talk, I was playing spy with my fuck around account, I had 10 contracts at .5 and sold them at like 1.2 and I was absolutely in euphoria....the very next day spy gapped up and they went to 26.68 lmao. I still can't stop thinking about it and I had an amazing trade, it makes me actually sick.
@Smilinturd
@Smilinturd 2 жыл бұрын
I got 15K bonus during all of this, I was thrilled. I couldve gotten 60K but eh
@greenlittlecreature847
@greenlittlecreature847 Ай бұрын
At least your not someone who watched it go to 5mil, and says "I gotta keep holding it's gonna keep growing" and then lose everything. At least you made out with something to show
@michaelg5945
@michaelg5945 2 жыл бұрын
As someone who lives month to month & can barely afford the tech to be in communities like this, this was so fucking hard to watch
@danielisraeli9924
@danielisraeli9924 2 жыл бұрын
my dad when he was 20 invested with options for a long time and was pretty succesful and got his first million. he thought he was on top of the world and then lost it all in 30 minutes. Options are just a nice way to say gambling
@bblvrable
@bblvrable 2 жыл бұрын
The problem with stocks is that if you do your research, you can convince yourself that you can predict every market movement, and when you wind up being right, you start thinking that it's like gambling, but you know what number is going to come up every time. Until it doesn't.
@orinblank2056
@orinblank2056 2 жыл бұрын
God Imagine turning 35k to 5 mil. I'd just cash out at a million and throw a bit back to see where it goes. People don't really think about how big a million is, because we live in a world where we hear about people who have billions, but if you had a million dollars you could coast for ages if you didn't go nuts. Find a nice house for like 100k-200k, get a good car, and curb your spending and you're set for years. Like the amount of freedom that a million dollars would give me is insane, I would feel so insanely lucky to have that amount of money. I couldn't imagine gambling that away. I remember liking gambling as a kid, but as I've grown older it just doesn't appeal to me anymore. I'd rather have a million in my pocket, even if there was a chance I could turn it into 5. Honestly though, I love these videos. They're always really interesting, and you can tell that Atrioc knows what he's talking about, and just generally seems aware of how shit works. I love the gaming content too, but these vids are always my favorites. Although whenever I think about crypto I think about the fact that I almost bought into Ethereum in high school when it was 10 bucks a coin, but decided against it due to the volatility of crypto. Hindsight is 20/20, but I still sometimes kick myself for being so risk-averse
@B1esky
@B1esky 2 жыл бұрын
And even if you got to that million and wanted to go higher you could just immediately cash out the second it drops at all and be perfectly fine. It's completely outrageous that person never saw their 5 mil go to 4 and think they shouldn't cash out as soon as they possibly could.
@orinblank2056
@orinblank2056 2 жыл бұрын
@@B1esky There is a chance that it could have crashed over a few hours when they weren't looking though
@B1esky
@B1esky 2 жыл бұрын
@@orinblank2056 at least for this person that didnt matter at all because they said they were still gonna keep trying. If it was me and my money was at a million and still going i'd watch until it stopped going up or i'd cash out before i slept.
@sampuhhupmas5666
@sampuhhupmas5666 2 жыл бұрын
@@B1esky Any normal person would just not sleep after 100x'ing their money in stocks and not cashing out immediately
@JecIsBec
@JecIsBec 2 жыл бұрын
You're completely right but at the same time, reading "a house for 100/200k" disturbed me deeply, as an Australian - average house price around me is well upwards of a million
@howisjason
@howisjason 2 жыл бұрын
More finance type videos please. I learn so much from you because the way you teach and explain things is actually genuinely interesting!
@shmickle
@shmickle 2 жыл бұрын
This made my brain hurt. I has this VOD playing in the background while I worked yesterday but didn’t remember doing so. I was sooo lost for the longest why this felt so familiar and then I started predicting the lines before either of you said them, and I put two and two together. Took me way too long to realize I had heard this before.
@themanhimself3
@themanhimself3 Жыл бұрын
Rainman over here just discovered what a memory is.
@Shadessmh
@Shadessmh 2 жыл бұрын
As someone who lives in a country with a fairly dead economy, just 1% of most of those amounts would literally be life changing.
@sarahlally5111
@sarahlally5111 2 жыл бұрын
what country if you don't mind me asking?
@bhume7535
@bhume7535 2 жыл бұрын
@@sarahlally5111 probably Venezuela. lol
@Shadessmh
@Shadessmh 2 жыл бұрын
@@bhume7535 Argentina, but we're getting there.
@tomog1
@tomog1 2 жыл бұрын
pensé que no existíamos 🤝
@SirRichard94
@SirRichard94 Жыл бұрын
@@bhume7535 lmao. I like how Venezuela is one of like 5 countries americans know.
@WT-jn6xi
@WT-jn6xi 2 жыл бұрын
Hey Glizzyhands, your videos have been hitting EXTRA hard recently. Keep up the good work.
@txrnip
@txrnip 2 жыл бұрын
For real, he’s even got bots in his replies now, that’s how you know he’s truly succeeding.
@Jimmyvdpost
@Jimmyvdpost 2 жыл бұрын
While I do agree most of his content is great, this is just reaction content
@nessriden4512
@nessriden4512 2 жыл бұрын
that 5 mil one made me feel ill, he could have been set for life and instead threw it away because he thought he could get more
@miacasual1263
@miacasual1263 2 жыл бұрын
I asked my brother how much money he’s lost by investing in ethereum, he deadass said “can’t lose if you don’t sell” Note: he is in grad school and has a bachelor’s in finance
@r-pupz7032
@r-pupz7032 Жыл бұрын
Hey, so I saw a man in a balaclava running from my house carrying a bunch of electronics devices but if I don't ever actually go inside to check, it's not a loss 🥰
@LongLiveTheFilmmaker
@LongLiveTheFilmmaker 5 ай бұрын
Ethereum has doubled since last year so he was right. I’ve learned that you should be ready to part with the money you’re investing whether it’s shitcoins or a good stable stock. Anything can hit zero. But you can’t panick the second a trade dips a bit and then pull out and just lose money over and over again if you don’t understand there are highs and lows
@mbrenneman0411
@mbrenneman0411 2 жыл бұрын
"if its good enough to screenshot, its good enough to sell" truely sage advice
@biscuitface7245
@biscuitface7245 2 жыл бұрын
i'd like to say that im not a great investor in real life so i prefer to do my endeavors in the cookie clicker stock market and i'm a completely successful multi- billion cookie investor within the game
@TheBalfrog
@TheBalfrog 2 жыл бұрын
Benjamin is a great content creator with some informative videos on investing strategies, definitely worth checking out for more than just WSB memes
@Arthur-ek7nd
@Arthur-ek7nd 2 жыл бұрын
I put 20k into AMC at $6, sold it all at $60. I then put all that money back into the portfolio I was originally building. Nice to get a ten year boost in a couple months.
@toastyug
@toastyug 2 жыл бұрын
They really should've just bought those 100 Thieves Lexuses
@zants_
@zants_ 2 жыл бұрын
So, I'm somewhat in the degenerate camp and have so far this year lost about 9% of my networth (or 15% of my invested money - doing even worse than the S&P 500 by a few percent because I broke my own rule and put a lot into crypto... I don't even know why). The only thing that saved me from losing more was the fact that I'm getting a new vehicle and moving soon so I wanted cash set aside to do those things, otherwise I would have invested (and lost) double what I did. The other good thing is that I shouldn't need any of the money for another 2 years at minimum, and even then I'll only need to start dipping into maybe 15% of it per year for school, so there's time to recover. (At this point I'm actually thinking it's a pretty good time to do some tax-loss harvesting.) But yeah, an expensive learning opportunity, but I absolutely have learned a lot over the last year. Stick to specific percentages for portfolio allocation, and rebalance when things go outside of those percentages (this would have saved a lot of loss, and actually made money, on my crypto bets for example). Relating to crypto, and like what was brought up in the video - knowing what your end-goal is and what would trigger a sell for you is another takeaway. Like, what was my plan with crypto? Sell when Bitcoin reached 100k? I probably both didn't have a real goal nor would I have stuck to it if I had. I've also been more realistic with my investment strategy and I'm putting less in stocks than I've been - betting money when I'm young and have a lot of expensive purchases coming up was a fool's gambit.
@kil0_387
@kil0_387 2 жыл бұрын
it sounds like the true destination, for you my friend, was enlightenment. and thus you have succeeded
@GoodlyPenguin
@GoodlyPenguin 2 жыл бұрын
My dad lost so much money even though I told him dogecoin was made as a meme. He was so confused when I told him dogecoin wasn't a stock or investment in a company at all and that people are dumping their money as a joke. I kinda don't feel bad for him lol
@benjaminwilkin2960
@benjaminwilkin2960 2 жыл бұрын
this reminds me of how whatever sin you don't have control of controls you and you don't even get to enjoy it anymore. People addicted to alcohol cant enjoy a beer like other people, greedy people cant just spend or save their money well, ect.
@tssdghiuy2
@tssdghiuy2 11 ай бұрын
18:18 Anybody watching this now keep in mind that if you bought the SP 500 when he said "well not right now" you would have gotten over a 23% return in a year and a half (as of DEC 16 2023). Index funds are worth. Especially when everybody else is pessimistic. Long term mindset.
@Rocknoob49
@Rocknoob49 2 жыл бұрын
"It's ok, 45k is that awkward amount, where it's not really enough to justify buying anything cool" Yeah it's just more than I ever had in my account lmao.
@2Links
@2Links 2 жыл бұрын
I love when Atrioc watches Benjamin, great stuff
@singhsandeep
@singhsandeep 2 жыл бұрын
Yes Atrioc, signs are visible now because hindsight is 20/20
@gustafbrogard4609
@gustafbrogard4609 2 жыл бұрын
Thats just false, me and my friends were able to see these patterns in like october/november. Atrioc even has videos about this made around that time. It's always been a question of when seeing as this is only the start. Also the signs were so obvious: NFTs, hobby investing being so succesful and Tesla being so inflated are such obvious signs of a bubble.
@BlueYYu
@BlueYYu Жыл бұрын
This type of stuff makes me feel like throwing up... Lifechanging money just gone...
@knobophone
@knobophone 2 жыл бұрын
I appreciate how at 8:50 when Big A talks about free money the song free money comes on. Very nice touch
@jamisonstockrahm4549
@jamisonstockrahm4549 2 жыл бұрын
This makes me feel better about my poker losses
@AustinMathias
@AustinMathias 6 ай бұрын
That's gambling, not investing.
@samuelnunes4028
@samuelnunes4028 2 жыл бұрын
Great edit Erik, your videos are really great to watch! And as always great Get Smarter Saturday, big A, love seeing people on Wall Street Bets
@MegaLuc3
@MegaLuc3 2 жыл бұрын
The music choices were well done in this video, well done eriksenchee!
@FiredogOPO
@FiredogOPO 2 жыл бұрын
I genuinely have never been so surprised by an Atrioc upload, I may not have watched the video yet, but knowing it's Atrioc, we already know it's that gas :)
@simpleuser0001
@simpleuser0001 Жыл бұрын
The key is sticking to reasonable goals and obeying a preset of rules and boundaries before taking on a surprisingly difficult market.
@TheGoodChap
@TheGoodChap 2 жыл бұрын
One of the funniest things about that average beginning trader chart is how they first option that made him a ton of money, he almost immediately used the entire profit he made form that to immediately gamble it on another option and lost all of it lol
@BotWatts
@BotWatts 9 ай бұрын
walking into someone's house and seeing the golden hammer award would be such a funny way to know they're debt free
@pumpkingamebox
@pumpkingamebox 2 жыл бұрын
My experience with trading started in freshmen year of college. The economics and com-sci students created a fake trading game where an AI would update in game prices in real time with real prices. So the market was as realistic as possible. But we all were given a million of fake dollars to trade within the game. Biggest profits by the end of the semester got extra credit from econ professors, if you partook in their classes. I went through this entire model, thankfully with fake dollars. And realized trading is not for me.
@bsheaves
@bsheaves 7 ай бұрын
What an excellent example of “investing” vs “trading”. I’m being nice by calling it trading when in actuality these people would have been better off going to a blackjack table
@Blaze5x5x5
@Blaze5x5x5 2 жыл бұрын
This makes me feel better that I only made 1k$ out of the GME hell. At least I didn't bankrupt myself like these idiots.
@real1cytv
@real1cytv 2 жыл бұрын
Benjamin is a great creator... Incredibly dry humor mixed with real investment tricks.
@AlgorithmAlloy
@AlgorithmAlloy Жыл бұрын
Dude this just stresses me out, doesn’t make me feel any better
@jacksonbourne
@jacksonbourne 2 жыл бұрын
These aren't the worst losses, you haven't covered my portfolio yet.
@petormaculan5424
@petormaculan5424 Жыл бұрын
Benjamin is such a good channel. been a sub for a year on that shit. always makes me laugh
@neonicon8500
@neonicon8500 2 жыл бұрын
I love that "my hands look like this, so hers can look like this" meme with his hands scratching lottery tickets while she's running a credit card 😂
@joelundine564
@joelundine564 2 жыл бұрын
I really really liked this video ...... I always learn something watching big A but this is really helpful for a lot of people....... One of my favorite vids he's ever done
@jeremyroberts8822
@jeremyroberts8822 2 жыл бұрын
Yea this was a great video. I feel like I’ve learned a lot from watching his videos. I started watching him just for his gaming content but then got hooked on all the business related content like marketing Monday’s. He makes educational videos feel fun if that makes sense. Like we aren’t just learning new stuff but also having fun along the way
@choreli
@choreli Жыл бұрын
The 35k to 5mil and DIDN'T SELL is the craziest thing I've ever seen..
@SoloMael
@SoloMael Ай бұрын
At that point, they’re not even greedy, they’ve circled around to being a monk who has disconnected from his worldly desires and just didn’t want the money
@boot-4704
@boot-4704 2 жыл бұрын
Good editing Erik
@AlphaSniperAcademy
@AlphaSniperAcademy Жыл бұрын
Benjamin makes some of the funniest, but factually correct videos out there
@adamnielson42
@adamnielson42 2 жыл бұрын
8:50 using the song Free Money from Pikuniku is so funny there, shout out to erik
@charlesw7397
@charlesw7397 2 жыл бұрын
I almost put a few thousand into Gamestop back in mid 2020 and could've made so much. Seeing all of the people who had done that makes me depressed lol feels a bit better to know that I probably would've sold way too early/late
@MrNikolidas
@MrNikolidas 2 жыл бұрын
If you sell and you're up, it's not selling early.
@dogo2833
@dogo2833 2 жыл бұрын
At an Atrioc video 2 minutes after release kinda goated
@andrek6920
@andrek6920 2 ай бұрын
100k at 18 isnt just set for your 20s. Thats set for life if you put it in a diverse fund and get a decent job.
@ibEscartian
@ibEscartian 2 жыл бұрын
This video made me check my investments and God damn I'm down 23k YTD I'm a buy and hold investor (and only put what I can afford to lose plus do dollar cost averaging so I don't go crazy constantly checking stock prices) so technically it's not realized loses and I'm still up overall compared to just keeping the money in the bank or under the bed but going from being up 26k to only 3k feels crazy. I can't imagine doing what people at wsb do.
@cyrnoz1803
@cyrnoz1803 2 жыл бұрын
Same, been going down a lot lately, but still up overall. I just see this as a time to buy great companies at a great price
@haveascottyday1405
@haveascottyday1405 5 ай бұрын
As an advisor with a JD and plenty of tax prep experience, I lost it at the Fidelity letter. It was actually getting depressing during those "meme stock days". So many people--even retirees--would say, "What am I paying you for? I am making so much more just betting on meme stocks!" only to be absolutely penniless just 1-2 years later. I remember sending out a good handful of letters myself. Just found your channel recently and I have been enjoying it. Thanks for the comic relief! *Edit*: I, too, was very lucky to learn about options trading in my early 20s. What an incredible lesson to learn for less than $10,000.
@darkassassin6457
@darkassassin6457 2 жыл бұрын
This dudes channel (named “Benjamin”) is so good! Love what he covers during the vids and has a great sense of humour!
@Iceboltdoom
@Iceboltdoom Жыл бұрын
i dont beleive in gamblers fallacy i believe in gamblers prophecy
@kindacruise
@kindacruise 2 жыл бұрын
i put in a call on facebook back when the stock tanked in october, then held it until it crashed again. genius
@darylking265
@darylking265 2 жыл бұрын
Great thing about the market declines of this year is that you can get stocks at a discount and let the markets recover. People think of Wall Street crashes as "Black Monday" or "Black Tuesday". I see them as "Black Friday". The day after Thanksgiving Black Friday, except the bargains are on Wall Street, not Walmart. Benjamin Graham, the writer of 'The Intelligent Investor and an influence on Warren Buffett, wrote that "The markets will swing between unsustainable optimism which drives prices up to unjustifiable pessimism which drives prices down. The intelligent investor buys from pessimists and sells to optimists."
@debasishraychawdhuri
@debasishraychawdhuri Жыл бұрын
Losing five million dollars is like realizing you could retire right then but gave it away.
@Seeker265729
@Seeker265729 2 жыл бұрын
If you are long on the stock (I.e. you own the stock) and buy a put at the same time, the put actually acts as insurance if the stock price drops. Options trading, like most financial literacy, is just not understood by most people at all. As you said people are looking for speculation and basically gambling. But it definitely does not have to be that way. One key theorem for all markets that are efficient is that your rate of return and your risk are directly related. You can always increase your rate of return by taking on more risk (but then more risk means more chance to lose it all too). There ain't no such thing as a free lunch folks.
@Milo24601
@Milo24601 2 жыл бұрын
"Nice Video!" -Abraham Lincoln
@MajorFool
@MajorFool 2 жыл бұрын
$45k is almost enough to buy a booth with the worst possible seats for you and your friends to watch a gaming competition. An expensive tattoo.
@tomwallen7271
@tomwallen7271 6 ай бұрын
The worst part that 5 million dollar loss is at the end, he was still up 1,000%.
@jackh8157
@jackh8157 2 жыл бұрын
Seeing this makes me really interested to hear a deep dive into the sports gambling giant. Would be a great vid from you
@DoublUpper
@DoublUpper 2 жыл бұрын
Great video! Loved the edits, was able to catch the livestream, but loved the video also. Keep it up big A
@Iog
@Iog 2 ай бұрын
I genuinely lose more than all of these combined in crypto meme coins. I was 19. Should have sold or hold on just a day more. So stupid. Should have kept a cooler mind.
@henrylezaich5215
@henrylezaich5215 2 жыл бұрын
I would pay money for that money loss letter
@FaeTheMf
@FaeTheMf 8 ай бұрын
Bro I needed to see this. My life is NOT shit 💀
@awaspow
@awaspow 2 жыл бұрын
I like the addition of music to this editing it’s very nice and matches atrioc’s vibes
@strategystuff5080
@strategystuff5080 5 ай бұрын
4:55 exactly how you know you have 0 sense, and options are just gambling x) sometimes you get 3x your input. sometimes you get nothing.
@nyxxiemania
@nyxxiemania 2 жыл бұрын
The editing on this one was fire, great job eriksenchee
@Mellyxxxxx
@Mellyxxxxx 4 ай бұрын
Benjamin and Atroic in one video is gold
@fullporting
@fullporting 2 жыл бұрын
Four words. Technical analysis & due diligence
@ponger69
@ponger69 2 жыл бұрын
Whoever is editing this vid, I promise the darth vader and minecraft zombie noises are not necessary
@xmz
@xmz 2 жыл бұрын
Shut up
@odpieces
@odpieces 2 жыл бұрын
going -90% vs the market's +50% is inspiringly difficult. a modern day rain man
@quinn3110
@quinn3110 2 жыл бұрын
If I did anyone of those mistakes… I would never have a family again 😔
@Staymare
@Staymare Ай бұрын
I put $5k into GME at $87, and when it shot up to $300+, I knew what I had to do: buy more at the high. So I put another $6k in, diamond hands the stock right to the bottom, and turned ~30k profit into 8k in losses. Felt so bad I called in sick to work. I just left the rock bottom GME in my portfolio for a month as a reminder to my hubris, but then it jumped back up and I sold for 2k profit. Very glad I got out with a small win, but those 30 days where I was -80% on the biggest stock purchase of my life taught me a lot about risk tolerance and stress in investing.
@charlies6788
@charlies6788 2 жыл бұрын
Ok so options are like betting on Atrioc beating an elden ring boss. If it happens you’re rich, but it probably won’t
@riqqsy1808
@riqqsy1808 2 жыл бұрын
"oh shit money glitch!!" 😂😂😂 Big A funniest dude in youtube hands down
@mystereoheart2579
@mystereoheart2579 2 жыл бұрын
14:52 Bookmarking my favorite part of the video, lmao
@Good_Comms
@Good_Comms 2 жыл бұрын
That 35k to 5mil isn’t even greed at that point. It’s lust
@life-is-good-416
@life-is-good-416 6 ай бұрын
Sometimes if you wanna open a long position in a stock at a price a bit lower than the current trading price, you can wait till the price drops, or sell puts. If the puts expire you make a bit of income. If you get called, you own the stock at the strike price minus your option premium. So selling puts is often a bullish thing to do
@hokietaa103
@hokietaa103 2 жыл бұрын
Benjamin has some of the best content on KZbin.
@nicolasmoreno7434
@nicolasmoreno7434 2 жыл бұрын
8:50 Mr sunshine would be happy
@jrdnanitsua
@jrdnanitsua 2 жыл бұрын
I really hope to top it all I get to watch a goldfish for the ninth time take over. I do wish for this but at this moment I cannot fathom what is to come, Yes Atrioc!
@likemysnopp
@likemysnopp 2 жыл бұрын
I would rather 100x my money then not 100x my money. The sp500 have only returned around 40x so.. in like 80 years
@stefanhuber7357
@stefanhuber7357 Жыл бұрын
What I tell people just starting with options is that you forsure blow up an account, so make sure that it’s a low amount (for your means) to learn off of. You may learn real quickly that it’s not for you, that you can handle some volatility, and/or that you are fiending for more
@MrMountain707
@MrMountain707 Ай бұрын
Sell options. Don't buy options.
@BdrumMerX14
@BdrumMerX14 2 жыл бұрын
This format is so wild and inherently lazy bc you wait for someone else to make a KZbin video on a thing you wanna make a KZbin video about then just watch it and upload hahaha I love it dude genius
@beereaters
@beereaters Жыл бұрын
Who's original video are you reacting to?
@alexmol6268
@alexmol6268 11 ай бұрын
Benjamin probably, maybe kamacazi Cash. Only came here to downvote
@catethornbury
@catethornbury 5 ай бұрын
Omg I got COVID last august and just mainlined these Benjamin videos while on NyQuil and felt like crash bandicoot
@vertoxy5420
@vertoxy5420 2 жыл бұрын
This whole thing is so accurate i put like 250€ in tesla calls and made a 100% return. Next day i lost it all in amazon calls lol
@cdot225
@cdot225 13 күн бұрын
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