Win / GreatAwakening
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Reason: None provided.

Most WSB people are short-term traders, they're not long-term investors. If you use your principal to enter and exit 100 positions in 100 different stocks, you make more in a year than you would from a single trade. It makes up for capital gains, and if it doesn't work then it's not a big deal (capital gains only on total profit). If you hold the same stock for a year instead of entering and exiting positions, every time it goes up everyone sells off to lock in their gains, and you eat the loss. Then they use that money to rebuy the stock at lower than your cost basis and get 4x the shares that you have. Rinse and repeat, after a year they more than make up for capital gains. Stop holding the bag.

202 days ago
1 score
Reason: Original

Most WSB people are positional traders or day traders, they're not long-term investors. If you use your principal to enter and exit 100 positions in 100 different stocks, you make more in a year than you would from a single trade. It makes up for capital gains, and if it doesn't work then it's not a big deal (capital gains only on total profit). If you hold the same stock for a year instead of entering and exiting positions, every time it goes up everyone sells off to lock in their gains, and you eat the loss. Then they use that money to rebuy the stock at lower than your cost basis and get 4x the shares that you have. Rinse and repeat, after a year they more than make up for capital gains. Stop holding the bag.

202 days ago
1 score