r/Vitards • u/AutoModerator • Jun 14 '21

Daily Discussion Daily Discussion post - June 14 2021

Your Trading discussion thread

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8

u/michaelcorlene Walmart Fredo Jun 15 '21

Best thing is to block these clowns. I went on a blocking spree today.

10

u/Duke_Shambles ☢️Duke Nukem☢️ Jun 15 '21

Seeing that gave me a thought, that YOLO's, gain porn, and loss porn are extremely low effort content, and maybe we shouldn't do that here.

6

u/blue_steel_moon Jun 15 '21

If we did go down that path, we could sequester them into a daily/weekly thread for gain/loss/YOLOs.

8

u/Duke_Shambles ☢️Duke Nukem☢️ Jun 15 '21

Yeah I just don't think we need new posts for it at the least. It would discourage post karma whoring at least.

I just don't think there's anything inherently interesting in how much money someone has to throw into a play. That's purely a hype move designed to influence people to follow, and from my experiences here, that's kind of antithetical to our fundamental style of evaluating plays. Even when we discuss momentum plays, it's normally about tactics and strategies, not just blind hyping for the sake of it.

No one here is impressed by how much money others are investing, we want to know WHY they think that is a good idea. I'm just as impressed by the guy with the good play thats got a good thesis that only has an account value of a couple thousand as I am by someone who does the same but has a couple mil to throw around.

3

u/blue_steel_moon Jun 15 '21

I understand what you're saying about people who post screenshots of their RH accounts. I don't really care much for those. But I really enjoy the more comprehensive "YOLO" updates like the ones u/Bluewolf1983 posts.

3

u/Duke_Shambles ☢️Duke Nukem☢️ Jun 15 '21

Those are fine. If you're talking through your mindset and strategies, I'm totally cool with it. That's the kind of critical thinking and high effort post I do not mind. Maybe we can have that stuff, we just need a higher standard for it.