Now, ultimately, these short-sellers are the ones who are mocking the small account traders, had to close their positions at a massive, massive loss. They decided to go after hedge funds, especially short-sellers, and chose a few heavily shorted stocks as targets and drove prices up.

That’s up from around 2 million at the beginning of the week. You see, WallStreetBets is a popular forum on Reddit with millions of followers.Īs you can see, at the time of this writing, they have now about 8.2 million followers. Now, before I do this, let’s take a minute to recap what’s been going on. I mean, they’re using terms like “tendies,” “YOLO,” and “boomers.” So today I want to help you and me to cut through the noise and define some of the terms that you might be seeing on WallStreetBets if you’ve been going to this forum. Most of it has been in the hands of the WallStreetBets crowd, and it’s really easy to get overwhelmed with what exactly these folks are saying on the WallStreetBets forum. There has been insane volatility and volume on stocks like ( GME), ( AMC), ( BB), and then recently Silver. The Boomers, The Gen X, & well, basically everybody above 40. I wanted to do a s pecial episode today that’s for us, the older people. The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. They start trading and realize it doesn’t work this way.

I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. I’m Markus Heitkoetter and I’ve been an active trader for over 20 years.

Wallstreetbets lingo reddit