the best investors are able to eliminate bias from their process.
- Is it a bubble because you were not long? Or are you not long because its a bubble?
- “This market is being irrational and will end poorly”. Is that because you see others winning? Maybe you are winning too but others are winning more so it must end poorly?
- “the war will cause a global recession”. When else did you hear this? Tarrifs? Covid? Ukraine?
- “its already gone up a lot, its due for a pullback”. Take a second to review past market winners that went up 10x and then 10x again over a multi year period. Its not about where it came from, but where its going to go.
- Are posts where someone says something remotely positive about stocks getting more negative feedback or vice versa?
IF THIS POST PISSES YOU OFF, ITS MORE IMPORTANT THAT YOU TAKE A SECOND TO REFLECT ON YOUR BIAS. I DONT MAKE THE RULES!
run through these questions before next week
byu/proctu inwallstreetbets
Posted by proctu
29 Comments
Let’s make some motherfucking money this week
Money is to be made. MU and MARVEL.
I’m long and it’s a bubble for sure. 5DTE SPY 800
Generational riches or Valhalla!
^^^this ^^^is ^^^not ^^^financial ^^^advice
Here’s the deal. You either invest and get rich this year. Or everything collapses and we’re all fucked.
60k worth of shares in $MU as soon as market opens…. I’ll let you big boys use me for options support
People been saying its a bubble for decades. The market goes up over time its simple really.
>the best investors are able to eliminate bias from their process.
>Posits very biased questions to “eliminate bias”
im just angry everyday
i feel like once i get rich, ill be calm
but some ppl tell me when i get rich, ill probably still feel angry
I’m just so used to losing I sit out.
My brother in Christ, everyone knows it’s a bubble. Won’t stop me from YOLOing though
Is everyone a genius in a bull market? Or is it a bull market and you just happen to also be a genius?
Doesn’t matter: if I buy puts, it goes up, if I buy calls, it goes down.
There is money to be made when things are inflating, and the market will remain better than cash until the next bubble bursts.
Idk when that is. I dont short shit. But based on PE ratios, I am skeptical it can keep growing unless earnings consistently beat all year.
One cannot call himself an investor with a timframe of one week. I get chasing short term gains, but bubble or not … one week is never enough, I think Enron scam took longer to unfold. The environment though has some interesting red flags. The worst one is a possible suprise rate hike due to Oil shock going.
You’re telling me a 0.01 stock that has gone up to 0.10 in 1 day can still go to $1? damn i learn new thing
Who the fuck knows what’s real anymore? My stance is, make the money now while it’s printing, and then if/when everything tanks bail before it gets too bad. Set a stop loss on your positions if you’re holding. That’s really all we can do. Good luck out there!
Point number 3 is the one that everyone seems to be hand waving.
We have crisis level issues in oil, aluminum, fertilizer, copper, sulphuric acid, and helium which apparently data centers, chip makers, and cloud providers don’t need.
Every day this goes on the supply chains get a little closer to fucking breaking. I’m not saying short the market, but for Christ sake at least be aware of what’s happening outside the casino.
the real meta-bias: someone who’s long and winning right now writing a post about how skepticism is irrational
I think this is an excellent read for anyone interested in reading more about the dot com boom:
[https://en.wikipedia.org/wiki/Dot-com_bubble#Bursting_the_bubble](https://en.wikipedia.org/wiki/Dot-com_bubble#Bursting_the_bubble)
When the bubble burst, it started with a 2% drop. Immediately followed by rotation into defensive names that very next day into the S&P500 rallying 2%. Markets took about a year to bottom. There were well over 10 different catalysts, negative market sentiments, geopolitical concerns, landmark legal decisions, and plain events of bad luck over the course of March 2000 and 2001 that resulted in the Nasdaq bottoming the way it did. All while kicking off the next recessionary cycle of rate hiking which tends to drop stocks irrespective of all other things considered.
Bro it’s a bubble bro it’s a bubble bro
Nah just gonna keep doing my thing
The only thing that might piss me off about this post is that you are calling for calm, unbiased rationality, yet you feel that IT IS NECESSARY TO YELL ABOUT IT! IT’S ALMOST AS IF YOU ARE THE ONE WHO IS PISSED OFF!
Or maybe just being ironic, and I am always 100% on board for that. CHEERS!
Gaming that ebay takeover!
Yeah and gaps get filled. 6600-6760
I’m only up 24% this month and I’m angry others are up more
It’s long and it has bubbles on it. That’s a good thing right
The boomers need their retirement to stay strong. The gov won’t allow the stock market to fail for the boomers
someone help me . I joined some of the groups in seeking alpha . It took me awhile to figure out that Kirk Spanos group has been promoting the same clean energy inflection stock since 2022 but he told everyone in the group to go to 60% cash in February ! so yeah . Now I am like “its already gone up a lot, its due for a pullback”.!! ! !
And then one of the other groups I checked out Victor Dergunov – He has been madly bullish until – last week !
I know this all sounds stupid and what I am realizing is that if I had just vibe invested I would be up 20% or more right now ! I feel so stupid but I STILL don’t know how to get in when we just had the 12% run up ! I own some RKLB and I wanted a lot more and was looking for a good price to get it and when it got to 60 I. felt it in my bones — this is as good as it’s going to get .. But Spano was selling $45 CSP’s and telling everyone to hold on and be patient . ! I fucking hate him .
All right, I’ll give this a shot:
1. I am long (I feel like most people here are) but it’s still probably a bubble.
2. Actually, I feel like this market is irrational because I am winning. I NEVER win lol.
3. I mean Ukraine kind of did cause a recession, or at least a long bear market. And of those three events, Ukraine is the only one that raised oil prices close to where they are now.
4. Ten-bagging over a multi-year period is often (but not always) a good sign. Ten-bagging over a few months is usually bad though. I dunno, I don’t make the rules either.
5. I find that my positive posts about a stock are overwhelmingly more upvoted than my negative ones lol. I think people like hearing positive things, and I can’t say I blame them.
I’m not pissed off by any means lol, but I can’t help being a bit nervous about the current market. I don’t know how many times I’ve held on to stocks that were rocketing irrationally, feeling like a genius and taking screenshots, only to end up riding the stock aaaaallll the way back down. I don’t know if you were investing in 2022, but that year was bad for that, and the current market is kind of giving late 2021 vibes to me. I’m now trying to keep a more balanced portfolio by trimming some of my positions and taking just some profits, while leaving the rest. I can still feel smart this way, since the unrealized gain percentage stays the same. 🙂
Anyway, thanks for the questions, that was kinda fun.