Ah yes, but the pros know you always inverse the inverse.

Good old stone trick.

Inverse the gain porn —- Don’t buy TSLA on the day everyone is posting screenshots of their $4M accounts —- Ride the wave of the self-fulfilling DD.

That was terrible advice until, well, yesterday. It's been a straight line rocket ship to the moon. Each and every gain porn post would have been a solid entry until yesterday.

TSLA was an outlier. Something that I read (not on WSB) is that when it becomes too easy to make money on the stock market, that means there's about to be a big correction.

Is that the conventional wisdom of an actual day trader or just a wsb lurker?

Not trying to be snarky, just honestly curious as I have seen very similar comments on wsb.

I've no dog in these fights btw. I don't actively manage my portfolio and have little interest in ever doing so. Though I do enjoy reading about the failures of those who do day trade with millions.

It's nothing more than a joke. You have no way of knowing what the true majority opinion is, nor does that translate to real trades which involve a lot more parties and money.

And being the contrarian isn't profitable except in rare scenarios. The dips this week were a minor pullback. Anyone who kept going short while waiting for this would've been insolvent by now.

a broken clock is always right twice a day