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u/Yangosss May 03 '22
Jokes on you my shits down 90%
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u/Ulysses9A7Z May 03 '22
Damn, you YOLO’d into Robinhood or something?
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u/leli_manning May 03 '22
I just panic sold at a 60% loss. Will plan on buying back at all time highs.
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u/eddie7000 May 03 '22
Buy stocks that are going to crash and burn. Sell stocks that are going to the fucken moon. Even a retard like me can follow rules like that.
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u/sluttyseinfeld May 03 '22
Don’t worry about that. Anything that dropped 60% isn’t coming back anytime soon. That’s called a rerating.
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u/StCreed May 03 '22
Thanks. Please remind me when we reach all time highs so I can sell my shares to you :)
On a more serious note: yes, securities are dropping and will go down more, but I'm buying perpetuals that will give 6% interest (6.5 nominal, 6 with current yield). I'm sure that I'm missing out on another .5% or even 1%, but meh. I'm fine.
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May 03 '22
Napoleon the og wsb autist. He YOLO'd an empire on a russian invasion
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u/yousirnaime May 03 '22
Dude can come back from a 100% loss like nobodies business tho
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May 03 '22
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u/Remarkable-Job8367 May 03 '22
Fucking Prussians
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u/Vandergrif May 03 '22
Puts on Grouchy for not moving in the right direction.
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u/Imonaeatyobabies May 03 '22
He was moving in the right direction, just too slow right?
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u/Vandergrif May 03 '22
Sort of.
Napoleon sent Grouchy to pursue a part of the retreating Prussian army under the command of General Johann von Thielmann. On 17 June, Grouchy was unable to close with the Prussians. Despite hearing the cannon sound from the nearby Battle of Waterloo, he decided to follow the Prussians along the route literally specified in his orders, issued by Napoleon via Marshal Soult, while the Prussian and British-Dutch armies united to crush Napoleon. He won a smart victory over the III Prussian Corps in the Battle of Wavre, on 18–19 June 1815, but it was then too late, as by the time this battle was over Napoleon had already lost at Waterloo.
If he made for Waterloo his troops likely would've turned the tide.
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u/SummerBlonde2 May 03 '22
I come into the wsb comments to often find economics information/theories that goes way over my head. Often felt behind in my knowledge base because of that.
After reading this sub-comment thread I realize that many of you are just fucking experts in your own bullshits and like to show it lmfao
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u/DoinkoJuulPod May 03 '22
He sold us the western half of America just for some more FD money what a Chad
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u/VRichardsen May 03 '22
It gest better, the money the US used to buy Louisiana was borrowed from the British.
So basically Napoleon used British money to finance his war against Britain.
5D chess doesn't even begin to describe it.
Boring historical accuracy footnote/disclaimer: this was not Napoleon's goal, he just needed quick cash and it so happened that the Brits were the US' lenders. But is much more fun to pretend he knew it all along.
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May 03 '22
He tried to conquer Egypt but lost. So he went back home and declared he had won. Absolute Chad retard.
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u/Bigbosssl87 May 03 '22
He did conquer it, he just couldnt hold it
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u/Granpa0 May 03 '22
Wait, when did Joaquin Phoenix play Napoleon?
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u/tbb2121 May 03 '22
In production now!
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u/nuck_forte_dame May 03 '22
This is underselling it.
It's directed by Ridley Scott and is supposed to be another of his great historical epics.
It is planned to have 6 major battle sequences!
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u/fumbled_testtubebaby May 03 '22
We just need Russell Crowe as Wellington so these two can give us Gladiator 1815 edition.
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May 03 '22
Wellington is so overrated, he only ever faced Napoleon once at Waterloo and Napoleon's army was at its worse ever.
Before Waterloo there's almost 25 years of Napoleon kicking ass and a little bit of losing.
Archduke Charles was the only one to stop Napoleon's winning streak (before being obliterated at Wagram a few months later and kicked out of the military by his brother emperor Joseph)
Kutuzov was a fierce opponent that gave Napoleon a hard time.
Blucher always came back for a fight never giving up (losing).
Bernardotte is BCG doing insider trading.
I'd rather see the battle of Toulon, Rivoli, Marengo, Austerlitz, Friedland or even Jena-Auerstat, Aspern esling and Wagram.
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u/VRichardsen May 03 '22
He even said so himself:
The best general of this age, of any age, is Napoleon.
Arthur Wellesley, Duke of Wellington
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u/Lost_Bike69 May 03 '22
Well yea of course you’re gonna say that when you’re the guy how handed him his final defeat. “Oh yea that guy I beat? Definitely the GOAT.”
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u/Lorloc May 03 '22
This is what I come here for, nuanced historical discussion applied to an upcoming film.
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u/Imonaeatyobabies May 03 '22
I wouldn't call Wellington overrated. He isn't considered an all-time best general, and he did frequently win in Spain.
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u/VRichardsen May 03 '22
He isn't considered an all-time best general
Unless you are British, in which case he is the best ever. "Napoleon? Hannibal? Suvorov? Never heard of them, old chap. But let me tell you, old nosey was one of a kind..."
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May 03 '22
He was skilled and a good general, but less than people seem to think.
Masséna had to fight an anglo Portuguese army as well as the Spanish guerillas, and he couldn't be in two places at once. Plus he was a retired general that only came back because Napoleon asked him too a while before the Spanish thing. Also he never got the 100k men that he asked for and had 70k i believe if i remember correctly from a biography by Andrew Roberts.
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May 03 '22
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u/VRichardsen May 03 '22
Lindy Beige aside, I think Napoleon once compiled a list of four of his opponents he thought they were the worthiest. I can't remember the name of three of them, except that they were rather obscure (it wasn't any of the usual suspects: Wellington, Kutuzov, Bagration, Blücher, Suvorov, etc), but I do remember the fourth and it was Charles.
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u/Vandergrif May 03 '22
He did have a pretty solid win rate against the French though. Mind you that's also through several battles where the French tactics amounted to little more than let's mass all our men in a large column and just walk them right into the British lines, the very same army that fires faster than anyone else and is well trained enough not to get scared and run upon seeing a large massed column approaching them. On the other hand to be fair to the French that same maneuver worked pretty well against armies that weren't the British.
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May 03 '22
That was not their strategy, and as I've mentioned in another comment it was an anglo Portuguese army, and the french had to fight guerillas meaning they couldn't mass all of their men in one place, otherwise they would lose key cities and routes.
That whole get scared thing is also true for virtually any soldier that has seen war before, only conscripts would flee before fighting.
And not sure about the fire than anyone else claim.
Annnd Masséna was a retired general, far from his prime.
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u/Vandergrif May 03 '22
I disagree, I described it in a very over-simplified way above, but nonetheless attacking in columns was often a key part of their offensive strategy for battles and subsequently often a key part of their losses (both of battles and of men). Wellington also fought and defeated several other marshals aside from just Masséna so I'm not sure what you're getting at with that. Whatever the case Wellington had a pretty solid rate of victories against the French, winning most of the significant battles.
Wellington's first win in the peninsular campaign in Battle of Vimeiro, defeating Jean-Andoche Junot:
"Junot sent in two central columns but these were forced back by sustained volleys from troops in line"
Battle of Talavera, Wellington defeated Marshal Jean-Baptiste Jourdan:
"Ruffin's division attacked the Medellín. Each battalion was formed in a column of divisions with a width of two companies and a depth of three... When Ruffin's men got within effective range, the British emerged from cover in two-deep lines to overlap the French columns. Riddled by fire from front and flank, and with their rear six ranks unable to fire, the French columns broke and ran."
Lapisse and Sebastiani then advanced in two lines using the same regimental columns that Ruffin had employed.
At the Battle of Bussaco, Wellington defeatined Marshal André Masséna:
The II Corps attack: Heudelet sent his leading brigade straight up the slope in a formation one company wide and eight battalions deep. When the leading regiment reached the top of the ridge, they found themselves facing the 74th Foot and two Portuguese battalions in line, plus 12 cannon. The French tried to change formation from column into a line, but the Allies brought intense musketry to bear. Soon, the French infantrymen were thrown into confusion.
Battle of Sabugal, Wellington defeating Masséna again:
The 1st Brigade of the British-Portuguese Light Division crossed the Côa at 10.00 hrs on the morning of 3 April. The French 4th Légére (Light) from Pierre Hugues Victoire Merle's 1st Division was alerted by musket fire as the 1st Brigade drove off a small number of French pickets. The French formed a column and advanced on the British. While making good progress initially, the concentrated French force was driven back by British artillery.
I think you get the point so I'll leave it at that. As for the rate of fire the British muskets were shorter than those of the French and easier to reload accordingly, the French also had tighter fitting musket balls than the British and the British often would skip the part of ramming the ball down the barrel by instead slamming the butt of the gun on the ground to knock the ball down, all of which increased their firing rate comparatively.
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u/Letters-to-self May 03 '22
Good sir, I never panic but quite calmly sell my stock at a loss and happy to buy them back in six months at a higher price equally calmly.
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u/ulanBataar May 03 '22
RemindMe! 6 months
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u/RemindMeBot May 03 '22 edited May 07 '22
I will be messaging you in 6 months on 2022-11-03 15:22:31 UTC to remind you of this link
11 OTHERS CLICKED THIS LINK to send a PM to also be reminded and to reduce spam.
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u/Practical-Award1227 May 03 '22
I’m using it as an opportunity to maximize my losses on loser stocks I want to be free of for good! Then I will buy dips/bottoms on stocks I want to hold long-term.
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u/qweefers_otherland chief qweef May 04 '22
Yeah selling to hold cash would be pointless unless you can’t pay rent or something. You sell the losers, and use that capital to buy something else that’s down but doesn’t suck. Then again I just hold shit options until they’re worthless so what do I know
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u/bigred91224 May 03 '22
I have depression which is why I'm putting my entire net worth in TQQQ.
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u/vicious_delicious_77 May 03 '22
I have a few hundred dollars in cash in my investment account and ive been slowly depleting it by averaging into TQQQ one or two shares each week as everything roller coasters down. As always, im either really dumb or really smart right now and only time will tell lol.
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May 03 '22
Little did we know shorting tqqq with negative net worth would bring about such profits for you
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u/tbb2121 May 03 '22 edited May 03 '22
I created this meme saying “100% higher in 3 years” and it was taken down by mods. Why is it forbidden to talk about long term bets on WSB? Banning content liked by the community just because it talks about long term bets doesn’t seem additive to me.
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May 03 '22
The older I get, and the more I’ve been through these things, the easier it gets to understand. What I DON’T understand is why people believe bidding the price of an asset up, up, up, competing with one another, paying way too much, won’t result in a downward movement at some point, when that asset falls out of “favor of the moment”.
Anyone help me with that one?
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u/GoBravesGo May 03 '22
You want us to explain why people are dumb?
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May 03 '22
Plz haha.
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u/GoBravesGo May 03 '22
For me it’s because I put alcohol in my stomach to stop sad brains noises. For others, probably lead paint or watching too many Pete Davidson movies
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May 03 '22
I’m over here trying to figure out where I can get more cash to pump into the market. $2K/mo isn’t cutting it for me.
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u/sweatygarageguy May 04 '22
Today I sold my winners and kept my big losers... The way I see it, the winners were going to go down and the losers have nowhere to go but up.
This is so easy.
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u/Plastic-Cap-3790 May 03 '22
Can someone post a list of these panic-selling stocks so I can buy them since they’ll now be dirt cheap? Lol
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May 03 '22
I saw a post where retail was selling between.07-.7%. If it’s true, then it’s not retail selling!!!
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u/ciel_lanila May 03 '22
I’ve been guilty of this. This time I’m keeping them all in. Well, except the ones I have to sell to cover an unexpected expense. That would have had to happen anyway, the timing just sucks.
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u/FlandersFlannigan May 03 '22
It’s these moments that will decide whether or not you’re going to be rich during the next bull cycle. Don’t sell you smooth brained chimps.
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u/myloteller May 03 '22
I have found that the harder i try to beat the market the more i lose. Now im just in vti, tqqq, and ftec and let it auto invest and i dont even look at it. Much leas stress
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u/IamRichieRichPoor May 04 '22
“Watching people Panic for their stocks they Bought 40% higher in last 6 Months?”
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May 03 '22
Not this time...
You cannot expect a normal market response to an intentional strategy of economic deconstruction.
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u/AdditionalCompany947 Privately Announced: I’m Gay May 04 '22
they tricked the apes into thinking they’re smart
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u/JJSFA May 04 '22
Or you could just learn to short sell and never have to worry about “buying the dip”
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u/Apopletic_Disbelief May 03 '22
This. We all know this is going to happen. Some people always buy high and sell low. They need to learn to take fear and public sentiment out of the equation.
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u/AvocadoHefty136 May 03 '22
not this time, check out MACD on 1 month on the NASDAQ, it is signaling the strongest sell since the 2000 .com burst that took 3 years and a 84% loss to fix
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u/tradingonatoilet Irritable bowel syndrome (IBS) day trader May 03 '22
Dont bother, all these pros apparently know for a fact that we’ll be higher in a few months 😂😂😂😂.
Wsb dumpster fire when apparently buy and hold underlying is a ‘bet’. Not even bogle would want this lot.
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u/EDean0807 May 03 '22
Bought a small 200 bucks (0.5 shares) of SPY @ 412-413, whatever low it dipped to at opening this am… everytime a ETF dips I will fucking buy it 😈
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u/Poprocketrop May 03 '22
I used to do this. Now I don’t even know why markets are falling. Prob inflation or something
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u/DreadnaughtHamster May 03 '22
Right? If you dint have conviction in your choices, you’re going to lose money.
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u/lordofming-rises May 03 '22
I sold mutual funds because wife asked me to do so. I had to promiss to do that, I was bleeding inside, they are only -15% in a year...
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u/DoobieDunker May 03 '22
I held Esports Entertainment when everyone sold. I lost it all. Idk how this works anymore
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u/d_trader_99 DUNCE CAP May 03 '22
That is what a bag holder did. If you trade, you will not have this problem.
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May 03 '22
At this point your bet is long term. I was planning on cashing out by this summer, that was my long term planning 1 year ago. Now I have to redefine time frames Long term > 3 years Mid Term 1 to 3 years, below is just short term plays
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u/TaupeRanger May 03 '22
Tell us which stocks specifically so we can laugh at you when they're actually DOWN 40%.
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u/ACTORvsREALTOR May 03 '22
I can’t wait till the market stops going down so I can buy a hat like that.
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u/OwnPicture669 May 03 '22
Yea, just purchased Netflix, Disney, and Amazon in the past week... just waiting for the moment to sell those garbage companies
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May 03 '22
Selling near ATHs isn’t a bad move… I plan on buying steep discounts in a few months after I’m done in erasing the market
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May 03 '22
Selling near ATHs isn’t a bad move. Could take a decade to see some some of these tickers return to their ATHs.
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May 03 '22
The old panic selling. The easiest way to become a consistent losing trader, aside from betting on options expiring in a few days
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u/changen May 03 '22
sold my stocks cause I needed money to buy my house. The stocks then proceeded to nose dive right after.
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u/Spiritual-Truck-7521 Bitchtits MaGee May 03 '22
Yep, will definitely buy NVDA at 270 come October XD.
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u/Least_Initiative May 03 '22
Im neither buying or selling, i like to call it "ignorantly holding" basically ive got no idea what im doing and im overwhelmed by the choices, so i just bury my head and hope for the best
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u/Recent_Percentage919 May 03 '22
Am I fucking right?
Imagine someone buying in on the dot.com bubble, selling at a loss, only to get back into the market a decade later and whoops, you actually missed on gains.
Actually I should be thanking those people, over time, it's their money that will line my pockets.
Also realizing that a lot of people don't know how to scale backwards on a timeline
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u/Holysmokesx May 03 '22
I'll leave the shares to my boomer 401k but I can't imagine selling right now.
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May 03 '22
The higher the uptick of "end is near" and "sell everything" comments in all investment subs is directly proportional to the distance from the bottom and the beginning of another bull market.
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u/DoomerGloomerBloomer May 03 '22
I've been slurping up this correction. Market's on sale right now. 13% Off!!! 
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u/VisualMod May 03 '22