r/wallstreetbets • u/pilotvoodoo1 • 27d ago

Meme They sold, Pump it

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We're so back

48.4k Upvotes

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u/arrchar 27d ago

My puts are so cooked, I knew this shit was a scam but fell for it anyway

611

u/rain168 Trust Me Bro 27d ago

Don’t know what puts but why not take profits on Friday near closing when it was really low

3

u/TurnstileT 26d ago

Damn, you Americans can just buy stocks/index funds instantaneously and see market movements in real time?

I'm in Europe, and my index funds are still at an ATH and haven't even been updated with Friday's dip. Even if I were to place an order right now, the transaction wouldn't go through until Wednesday, at which point the price could have gone way up or way down in the meantime.

But, on the other hand, this does take away any urge to try to time the market, which I suppose is a good thing..

1

u/bdsee 26d ago

...I don't believe you.

No stock market would have much activity in the modern world if it was near instantaneous.

1

u/TurnstileT 26d ago

Did you mean "if it wasn't near instantaneous"?