When other Nedive markets took, one investor turned to Reddit's R/Stock Market To ask what many thought: “The volatility is crazy. How do we trade?”
What followed was a waterfall of chaos, sarcasm, serious anxiety and trading advice that ranged from careful to being completely unholy. But one comment summarized the best mood: “You're riding a drunken horse towards a burning barn. Trade accordingly.”
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The post was triggered by a combination of the weakness of the technology sector and increased fears for tariffs, inflation and a federal fund policy. And Warning of nvidia (NASDAQ:Nvda) Fuel was added to the fire. The chip maker said the US Government's new restrictions on chip exports to China could hurt its business. But while the sudden reduction of the market has many investors looking for a strategy, what they found was more like a gallows.
“It's like a horse was released in a hospital,” added another Redditor, referring to the comedian John Mulay. “… and that horse has genitals and dementia warts,” someone else crashed.
Some users pleaded for caution. “Retail traders need to stop playing the options casino,” said one. “Buy and hold shares and nothing else.”
But others said there were short dated options exactly where a profit could be made. “This is actually the perfect environment for 0dtes,” one trader argued, referring to Zero-day-to-fulfill options. “You can actually beat the dealers. Gotta know what you're doing and choose the right side, though.”
Even those who make money sounded tired. “I've made a small profit Trading options on Amazon Of swing within just three hours, ”wrote one.” I'm in green, but the wildness of these swings means I need to stay up all night watching the market. I hate and I'm going to exchange money out. “
Plenty of Redditors said they were withdrawing altogether. “I pay all the debt until things stabilize,” one user wrote. “I'm on the whole sitting this one out. Only so much can I take before I have a wound.”
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Others moved toward gold, foreign stocks or High Product Savings Accounts. “I have heavy Investing in Gold ETFsBut this is crazy! I did not see so much interchangeability during Covid. This has created havoc, ”replied the original poster.