TL;DR

A Reddit user made $1,000 in one minute of trading, but commenters debated whether the quick profit was worth the risk and if he could have earned more with patience.

Story

Ever felt that rush, that “OMG, I’m a genius!” moment when you make a quick buck in the stock market? Yeah, we’ve all been there. This Reddit story about a guy making a grand in 60 seconds is a perfect example. He’s excited, calling himself a “paper handed bitch” (which, by the way, means he gets nervous and sells quickly), but is it really a win? Let’s break it down.

Imagine you’re selling lemonade. You spend $10 on lemons, sugar, and cups. You sell a few glasses and make $1. Not bad, right? But what if your friend spent the same $10, waited a bit longer, and made $5 or even $10? That’s kind of like this story. This guy risked $10,000 to make $1,000. Sure, it’s a 10% gain, but some people in the comments pointed out he could have made more if he’d held on.

Think of it like this: would you run to the store every time you earned a dollar, or would you wait and make a bigger trip later? Sometimes, patience pays off, especially in investing. Plus, like another commenter said, throwing in $10k for a $1k gain isn’t the smartest move, especially if you’re just starting out. What if the stock went down? Would you have enough cash to buy more at a lower price and average out your cost?

The story also shows how stressful trading can be. One commenter talked about the nail-biting experience of throwing in an extra $30,000 to recover from a dip, stressing for hours and smoking tons of cigarettes. Is a $5,000 gain worth all that anxiety?

Finally, this reminds me of a saying: “Don’t count your chickens before they hatch.” Sure, a quick profit is exciting, but it’s not a guaranteed win. Sometimes, it pays to be patient and see the bigger picture.

Advice

Don’t let FOMO (fear of missing out) drive your investment decisions. Sometimes, patience and a long-term strategy are more rewarding than chasing quick profits.

Source

https://www.reddit.com/r/wallstreetbets/comments/1hv4pxn/what_1_minute_of_trading_time_got_me/