TL;DR

A Reddit user boasts of market success, but the “proof” is as thin as a supermodel’s diet. It’s a classic case of confusing a wish list with a portfolio, echoing past market manias.

Story

Another day, another dubious “win” in the Wild West of online trading. Our protagonist boasts of conquering the market, flashing a screenshot of impressive gains. But seasoned eyes see the red flags waving like a matador’s cape.

First, it’s an options watchlist, not a portfolio. Like window shopping, it shows desire, not ownership. Second, no trade details. How many contracts? Purchase price? Crickets. This “victory” is as real as a Hollywood spaceship.

This reeks of the same speculative frenzy that fueled the 2021 meme stock craze and the dot-com bubble before it. Hordes chasing quick riches, blind to underlying value. History whispers a grim reminder: easy come, easy go. Remember Luna/UST? FTX? Those “guaranteed” moonshots crashed back to Earth, leaving investors holding dust.

‣ Options: Contracts giving you the option (not obligation) to buy/sell an asset at a set price. ‣ Watchlist: A list of assets you’re watching, not necessarily owning.

This isn’t about celebrating wins; it’s about dodging scams. Before jumping into any “investment,” especially options, do your homework. Understand the mechanics, not just the hype. If it sounds too good to be true… it is.

Advice

Don’t confuse a watchlist with a portfolio. Verify claims, understand the underlying assets, and remember: if it sounds too good to be true, it probably is.

Source

https://www.reddit.com/r/wallstreetbets/comments/1jkip3a/i_stoped_btiching/