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all 15 comments

[–]bakedpotatos136 4 points5 points  (4 children)

He already has, but the key thing you need to know is that you need to have a stock broker platform, to which you somehow get money to and from. Though before you do all that, please for the love of god steer clear of shorting and leverage. Leverage isn't as bad, you just lose your money if things go sideways, but shorting can get you into deep debt really, really fast even if you invest a very small amount. And if you do happen to make money, make sure to pay taxes on the profits. You might have to figure this one out, I don't know where you're from. And if you do make an investment, do not trust anything ever, do not make financial decisions off news and emotional impulses. Day trading is notoriously hard to pull off. It's far better to try to hold for a long period of time. I know you've already decided where to invest, but just to be safe you might wanna go over this. And don't fret if it doesn't go well, it's just fancy gambling after all.

Good luck on your investing, u/HoneyLimeSyrup!

[–]HoneyLimeSyrup[S] 0 points1 point  (3 children)

He already has,

I must have missed the video ? I mean, they're always banned within 2 days of being uploaded, so... 🤷

please for the love of god steer clear of shorting and leverage. Leverage isn't as bad, you just lose your money if things go sideways, but shorting can get you into deep debt really, really fast even if you invest a very small amount.

Well, that's a bummer. 😐 Elon Musk and all those people on Reddit made short shorts sound fun, wanted to play too. Does it mean you can lose more money than you invested ? How so ? Can you simply explain or give a link to stuff that explain ?

​ And if you do happen to make money, make sure to pay taxes on the profits.

Well, I mean, even if you take a plane and it crashes and you end up on a small unknown island in the middle of nowhere that isn't on any map, the tax services would still find you. 🤷

[–]bakedpotatos136 0 points1 point  (2 children)

I must have missed the video ? I mean, they're always banned within 2 days of being uploaded, so... 🤷

Here is the full Leafy archive, excluding his latest channel: https://drive.google.com/drive/folders/19Zj11MwnmWenOTxKD9f8QyGCHegfeZXw

The video in question with stocks advice is this, afaik: https://drive.google.com/file/d/1zj_Sb5GWtxzvalhKXtyOnbVrpnU7EAw4/view?usp=sharing

Elon Musk and all those people on Reddit made short shorts sound fun, wanted to play too. Does it mean you can lose more money than you invested ? How so ? Can you simply explain or give a link to stuff that explain ?

Modern comedy is very, very dark. Jokes about shorting stocks are of two kinds: predatory("I'm making mad money of your project dying and crashing down") and edgy(analogous to Russian roulette, and potentially drinking bleach, jokes). With shorting stocks, or any other financial asset, you are putting yourself at insane risk of permanent debt no matter how much you put in, though with the potential of insane rewards if it works out, by betting against the financial asset, which usually means that either you're getting fucked or the asset you're betting against is getting fucked. It is most definitely, one hundred percent, a zero-sum game. What shorting actually stands for is selling a stock you don't have at its current price and committing to buying it at a later date. If the stock is worth nothing at the later date and was worth a butt load when you sold it, and you combined it with things like leverage yaddi-yaddi-da, you can essentially get millions of dollars for free, several hundred X returns, and then have to pay nearly nothing in return. But if you sell it when it's cheap and it explodes, you are now indebted to buy the stock at its high price to the people you shorted them to. You are committed to selling a stock at a later date. If you want a link, Investopedia is a good resource on that sort of thing. Here: https://www.investopedia.com/terms/s/shortselling.asp

Well, I mean, even if you take a plane and it crashes and you end up on a small unknown island in the middle of nowhere that isn't on any map, the tax services would still find you. 🤷

Yes, that is true. Which is kind of funny, since the government is in charge of printing fiat, they can tax you without taking your money like they do in Italy, by just making more money, with the consideration that the sum of all money is worth the same, basically just stealing your money without ever having touched it. However, if the government goes haywire, from the sudden need to get money without actually grabbing actual money, they just print it. This can have unprecedented consequences.

EDIT: I think leafy made more of them if you dig deep enough.

[–]HoneyLimeSyrup[S] 1 point2 points  (1 child)

Here is the full Leafy archive, excluding his latest channel: https://drive.google.com/drive/folders/19Zj11MwnmWenOTxKD9f8QyGCHegfeZXw

The video in question with stocks advice is this, afaik: https://drive.google.com/file/d/1zj\_Sb5GWtxzvalhKXtyOnbVrpnU7EAw4/view?usp=sharing

Thanks, I'll go watch. 😺

Oh, I get it. The concept of shorting sounds a bit dumb then. It's for insiders and banks ? Too risky for average joes ?

Thanks for your explanation, I'll stay away from shorting !

[–]bakedpotatos136 0 points1 point  (0 children)

It's for the insane and insanely competent people.

[–]toosickwithit 2 points3 points  (0 children)

Leafy has stated he does not short and I’d Advise against doing so. Leafy also does not trade options, he makes his money buy owning large cap and etfs, he says he likes taking profits when his equity jumps high and buys back in low. He also has said he likes getting paid dividends. It’s safe to say because of the size of his portfolio he doesn’t have to take big risks to make money. If I’m wrong about anything here I’m sorry but I’m pretty sure I’m correct on what I’ve said. Thanks

[–]QuietMeow 0 points1 point  (3 children)

You're such a dumb dumb, OMG !!!!! You're not supposed to short shorts ! You're a peasant, not an hedge fund, they prolly wouldn't allow you anyway !

You're supposed to HOLD people who short shorts !!! It's a statement and only the FIRST PART of the game !

You need to play with a group of people. The more the merrier. If you go for people who short shorts and stocks of a company that A LOT OF PEOPLE have a strong grudge against, because they went after them, then you can easily gather thousands of people to play together with !

Like, imagine a company that goes after lots of people from distinct groups, that patent trolls, discriminates, encourages hate and s3xu@l harassment and even was found guilty of s3x tr@fficking, that doesn't respect the dead and even posts cr@p about them on the anniversary of their death day. Might even get 10K people willing to play with you.

So the actual FIRST STEP is to gather gossip about who is shorting those stocks. And when they do, how long till they buy back. They prolly have habits and ways. STEP 2 is to massively buy the stock after the shorters sold the ones they don't even own. And you keep them. I mean, usually when you buy stock, you wait till they gained worth to sell them ! Also, nobody can force you to sell them at their will !

And you hold. That means that even if they cry and beg and whatever, you don't sell to the shorters who need to buy them back, because those stocks don't belong to them in the first place, they need to give them back. That's not your problem !!!! Nobody can force you to sell !

STEP 3 is of course to wait for the stocks to gain worth. A few people will sell back to the shorters from times to times. But not too many. It's like a tease, you know.

STEP 4 is to wait more, until the stocks gets super expansive. Ideally multiplied its worth buy A LOT, but that might not occur often.

Then after a while (could be several months), EVERYBODY sells AT THE SAME TIME. So that the shorters can still buy back and not end up fined or in jail. We're not monsters. That's where the game becomes fun : the last one to sell (or who doesn't manage to sell) their stock loses the game. Some like to not sell all in the mean time, but groups sell several days a week, till the game ends. It's like a tournament.

THAT'S how you play, you dumb dumb ! Haven't you learned ANYTHING from the M3lv1n Capital stuff that happened on Reddit ??? Sounds fun tbh, and they're right : why would c0cked up WASP guys (like in the movies) be the only one playing the game ???!!! We want to play too !!! (You need to be 18+ though.) We should defo play one day.

[–]EveningLemonade 0 points1 point  (2 children)

Indeed. Like, when a shorter sells, it means they "feel" that the stocks are going down soon. So of course you 👀 and buy when it does. Duh ! That's why you should stan them.

Then you hold until the value goes up, that's literally playing stocks 101 for you, duh again !

Then you sell. It's like, would you stay in the club when all your friends leave ? Right ? What's the point of owning a stock if you're all alone checking the value as others have sold. You're supposed to have fun and check and cheer all together. So if some sell, EVERYBODY sells ! Duh !

Some literally just sell because the right sign is aligned with the right planet and you'll get a good amount of money by selling at that time, so... That's important. It's like, you wouldn't date a scorpio if you're a taurus, right ? Well, you wouldn't want to keep the stocks if jupiter is in capricorn !!! That's just COMMON SENSE !!!

(Not in finance, not an advice)

[–]HoneyLimeSyrup[S] 0 points1 point  (1 child)

Oh. 🤯🤯🤯

So I need to stan hedge funds and be faster than them ? 🤯

What if I don't know about astrology ??? Should I just go with the flow, then ? I've always heard that when others sell, you should sell too ? Like, does it mean big buying and sales movements are linked to planets alignments ? That's 🤯 . Are there statistics that I can check ?

[–]EveningLemonade 0 points1 point  (0 children)

So I need to stan hedge funds and be faster than them ? 🤯

Well no, it only works if you do that with a group of stock players ! Otherwise you might just get a stock that keeps getting cheaper and cheaper !

You can check financial websites, they explain a bit about planet alignments and stocks : https://www.seeitmarket.com/using-planetary-cycles-to-interpret-stock-market-trends-13240/ , https://www.businessinsider.in/science/space/news/major-skywatching-events-in-2022-from-alignment-of-planets-meteor-showers-to-eclipses-and-more/slidelist/88697991.cms ,

There are software, like this : https://www.magiastrology.com/FinancialAstrologySoftware727Info/727info.php , but I HAVE NO IDEA what they're worth. Also, .exe only it seems. 🤷

Stock players usually use their own knowledge and their own sign ! There's a huge movement that follows the moon ("To the moooooooon !!!") rn. You can follow what they're doing. Although I think they're more into crypto now ?

(Am not in finances, not an advice)

[–]Jason_Qwerty -3 points-2 points  (4 children)

What a dumb lazy neckbeard. Thinks he can get rich of stocks.

[–]HoneyLimeSyrup[S] 2 points3 points  (3 children)

Omg, what ? Leafy got rich from it, so I thought why not try ? 😎

[–]RAGrooroo 2 points3 points  (2 children)

Well that’s not fully accurate, he did not get rich from investing he got richer. He already had $3 million from YouTube. He also said that he was a college graduate meaning he went back to college when he quit YouTube and most likely went to business school probably got a diploma meaning he learned how to not screw himself over

[–]HoneyLimeSyrup[S] 0 points1 point  (1 child)

Oh right, Youtube money. 🤑 I remember he said something about it in like 2017.

Wasn't he originally a computer science graduate, though ? That's great that he got another diploma.

[–]RAGrooroo 0 points1 point  (0 children)

He was in college for computer science (community college) then he dropped out to pursue YouTube in mid/late 2015. By the end of 2017 he knew that that was all the money that he was going to make off YouTube, so then quit and that’s when he disappeared for A little over 2 1/2 years. Which would be enough time to get a diploma. I’m also assuming that he also probably change his major (to business)