Testing Awful TikTok Investment Strategies
ฝัง
- เผยแพร่เมื่อ 14 ต.ค. 2021
- I decided to test some bad TikTok investment strategies. The results were about what you'd expect.
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"During a gold rush, the real money is made from selling shovels" Best investing advice I've ever heard!
📝 you’re on to something
@Adi they’re not really making money cuz they sell it at msrp while scalpers and retailers sell it higher
@Adi I didn’t know u were talking about this money I though it was the difference between msrp and actual real life price
@@georgesaoun9751 -_- they sell more products which means they make more money
Don’t forget the hookers
“If u start by losing everything the only way to go is up” 😂
😭😭😭
they says option trading but the only option is to lose money buahahah
When you forget that you could borrow money too
Well, I don't think I have experienced loss. Mr. Franklin has been managing my trade for months and I keep making profit every week. I made "$24,500 last week also
I have also been trading with him , The profits are secured and over a 100% return on investment directly sent to your wallet. I am a living testimony of his work
“You could make infinite % gains of your money gambling but you could only lose 100% ”
-Every gambling addict 💀
And every time you gambling you only need won 1 but forget hundred,thousand or worse millions time losing,yet you're not realize its too late
~ people that told gambler to stop
well u can only loose 100% but gain infinite %🤷♂🤣🤣
@@Apemania69please tell me you're capping this is not how leverage works 😭😭😭
well if you are leveraged into options or future, you can lose more than 100 % lol
@@aquaswallower988 options no, futures yes you can lose more then 100%
options unless you sell puts naked
I never saw it coming. My younger brother went to one of those "free" options seminars in about 1998. (i.e. between "Tom Vu" seminar era and the new "peach bum" tech geniuses). He got hooked on "technical" charts , etc. Then he scammed almost 2 million US in family legacy money (almost all of it) and went to options. Lost it all. Family money, not his to lose. He's still full of excuses, like most narcissists. It never ends. I never saw it in his behavior until dad started "slipping" and became vulnerable. Dad never asked for help. This got him bad. I had the letter from him asking fo rthe money back. It's GONE. There a lot of fall out for this: college funds gone, family affected, future plans dashed.
damn thas crazy
I'm a college student who recently lost most of my money. But the most important part here is that it's mine. Gambling with someone elses money isn't even regarded, it's just criminal and disgusting
@@SumriseHD
Same here. The most I ever traded with other people's money is 15 dollars and it feels just disgusting lol, the profits are not even fun and the losses deliver a stronger pinch.
Losing 4K for me literally felt better than losing 10 dollars of another person's money.
"Exit strategy, proper position sizing. Not in your vocabulary." That one was way too accurate
@@TheEnderCycloneEnd I checked and found the Dictionary already has 'priced' in it.
Fuckin hilarious
getting personal there wasnt he? lol
I was knuckles deep in my nose when he said that
What's an exit strategy?
I legit cried at the "Options is starting point" 😂😂😂🤣🤣🤣🤣
indeed, it's crazy how casually she say that ahah
Ngl when you start on hard mode, it makes normal seem easy. Started with margin now trading full time with regular stocks plus options.
Options are just warmup, real tiktokers trade onion futures dated to 1929
navigated myself better in ERC-20 shitcoins during the uniswap craze of 2020 than options. Lost 3200 on options within a month. and I was high to the tits on erc20, i lost it when I thought god was telling me to buy chainlink cause of couple numbers matched and accumulated 10k debt wilst unemployed. Now i am just going to buy boring VZ, KO, O stocks each paycheque and wait 10 years
In finance there is no difference in "crying" and "laughing".
I'm studying finance right now (graduating in a month with my masters) and it's so refreshing to hear someone call people on this bullshit. Banks spend billions of dollars a year trying to achieve the kind of gains that TikTok gurus claim they can earn reliably with no risk. If it was possible, the people with vastly more resources than us would be doing it.
Studying finance made me realise that investment strategy is unbelievably complicated and a 19 with a trust fund will not help you.
Just the fact that you say "no risk" makes me believe you didn't think for a second there. I'm highly doubting you're graduating finance, if so, I guess you've skipped a few lessons.
To further clarify, even large hedge funds regulate attribute outsized returns to "alpha" when it's more often a type of risk they're not quantifying (in particular, most fail to properly measure liquidity risk).
@@CSpottsGaming all of that can be described through the MPT-model. The relation between IV, RV and Alpha describes the Risk/Reward in relation to Alpha, which is an essential part in the Adaptive Market Theory which btw is further evidance that the Efficient Market Theory is incorrect in today's market.
@@beamed5382 Not sure if this is the proper forum for a deep dive but I don't necessarily disagree with you. Some institutions are knowingly misrepresenting their risk level to make their returns look like they're outperforming (when they may actually be underperforming). In other words, improperly quantifying risk doesn't necessarily mean the risk is impossible to quantify.
That said, there have been a lot of criticisms over the years about whether standard deviation is actually a good proxy for risk. Personally I think it has its place but that it's insufficient on its own.
In any case, I hope I properly clarified my point which is that there's no escaping risk, and certainly you don't get return for being riskless. Even the so-called risk-free rate isn't riskless because while it (might) be free of default risk, there are other kinds you need to contend with.
TikTokers have a specific financial benefit to representing their strategy as riskless (namely, that they sell courses based around the idea), so they're going to lie through their teeth about it. In the end, if multi-billion dollar financial institutions are attracting top talent and not achieving those returns, maybe there's a reason...
Some random teenage girl on tiktok calling options trading the starting point…. Nothing more needs to be said about this advice
You make a dull subject interesting and hilarious. The talent is palpable.
Scared me out of looking at options and into a Vanguard S&P 500 index fund
Dull?
@Kenneth Wiley stocks are boring .
@@josecoyt1602 Highly subjective lol, with options it’s practically gambling.
Palpable nice word I like
This is the most tiktok strategy ever, if you're totally clueless and you hear "if the stock goes up you make money and if it goes down you make money" you're gonna think it's the smartest thing ever and no one has ever come up with something so brilliant before lol
Its so funny how these idiots think they've found a loophole that no one else has thought of before
I wonder how many people realized they had to exceed massive break-evens right after they bought the strangle.
@@DennisRay99 There are time and places for 0 DTE strangles. But don't act like they always hit.
oh the Chad and Jenny strategi (a tik tok cuple)
"And if it stays the same you literally lose everything! :D"
Best investment advice I've heard in years. Not this video, I mean the channel as a whole. Someone who's actually experienced the retail investor's perspective and is appropriately pessimistic is much needed in this space. A+ for humor.
“You can only lose 100% of your money but your gains have no limit”
“This is why alcohol is such a great tool while investing”
*I start nodding as you start laughing*
Was like, way ahead of you lol
3:34 "If you start by losing everything the only way to go is up"
There’s always the option to go six feet further down
The long $rope strategy
I see what you did there...
@@xxbeto92xxbogged
“Do this until you get in a coffeezilla video”
Wise words of advice 😂😂
4:50 "Literally most stocks go up or down they aren't very choppy"
this is spoken like a guy who has never traded stocks
it’s like how can you even say that and not realize how it doesn’t make sense
My man left medical school to give us this gold. Keep at it king
Is your man Benjamin or Michael Burry? Apparently leaving medical school makes you a degenerate able to beat the shit out of the market. Much respect to both of these guys
@@apc9714 To be accurate, Burry finished med school and left residency midway and even keeps his license active!
Wait, this guy a doctor?
When did you find out he was at medical school?
@@friednoodlee6599 yeah he took residency in anesthesiology
The strangle : Instead of losing your money on one option, you can lose it on 2 at the same time. Brilliant.
Diversification!
Is strangle in the same chart territory as straddle?
Them candles 🕯️ sticks get me every time.
Awesome video!
Nice video ben. This has only convinced me that flipping a coin to decide if I should buy spy daily calls or puts is the best way to make money
fantastic video Everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realised early on that achieving financial freedom requires hard work.
@@markgeorge8206 Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
Nice scam bro👍
@@michaelgyger6986damnn remember when these scams were huge last year???
@@postsupremacyyeah yeah whatever can you please organically recommend an advisor, fellow human being?
Is that the same as working hard? Hard at ‘er or hard up working?
Asking for my loyal friend!
Starting with Options is like starting your drug habit with Flacka/Krokodil
Krokidil and yolo fuel.
It's skipping the boring parts and going straight to losing everything.
So you're saying we should go for it.
🤣😂🤣
What should i start with
As Ben once said “everything, fucking everything is priced in”
The efficient market theory is just that, a theory.
@@CatnamedMittens it's just a theory that it's just a theory
This comment is priced in.
my grandma isn't
He keeps showing a screenshot of that Reddit post as if he wrote it......
The Mono-tone throughout really sold the video. Lol
Absolutely love your sense of humour well made, thanks for taking the time and effort to make these vids
"People ask me how I got so rich, I just use the banks money to buy my cars"
Lmao I don't think it sounded nearly as smart as he thought it would sound.
Forwarding these videos to the IRS to keep tap on them to ensure they pay all their taxes. However, if they're lying, then it's fraud. So pick their poison: IRS or FTC.
Tbh, they’re probably in crippling credit card debt if they use the bank to buy everything.
@@adunce.5422 ever heard of manageable debt?
@@adunce.5422 I bet by now, the banks own everthying instead of him!
If you have 10k in debt you have a problem. If you have 10 million in debt the bank has a problem.
"in the beginning here we see confidence is high, returns are high, you're....probably high" lmaoo
It's been fun to watch your channel grow from 10k to 190k. Your vids are practically the only content that I watch which is actually entertaining. Kudos
I didn't understand 80% of the video, but still enjoyed it
I must have spent several hundred hours reading TA books, staring at charts, trying different indicators, creating my own indicators, following other traders etc.... I'm slowly starting to think that it's not about analysis at all. It's about:
1. Risk management
2. Getting lucky
Well I wouldn’t say luck but probability with risk management. This is the whole reason you make money. Just look at your winrate and risk to reward ratio. If I say: lets do a coin flip, if heads I get 10 dollars, if tails You get 10 dollars. You wouldn’t take this deal right? Its 50% winrate with a 1 R/R. But now if heads I get 10 dollars but if Tails You get 15 dollars. You would take this deal right? Its 50% winratio with a 1.5 R/R. So if you make 100 coin flips, the winrate stays roughly the same, so 50% but R/R is 1.5, so eventually you make money (in this case 250 dollars).
I hope I made it clear that everything is about probability. If you found a trading strategy with the right balance of Risk to Reward and winratio, you will make money.
Or...just be boring and throw your money into market funds, blue chip & ETFs, easy ~10% annual long term returns.
How the fuck are you gonna make your own indicator when you don’t know how the market works lmao. It’s not luck, there isn’t a way someone can be lucky 80% of the time consistently over several years, it’s mathematically impossible.
@@donb2527 unless somehow someone controlled probability which is also impossible.
@@donb2527 Of course it's possible. Given enough tries, it's actually bound to happen! And there are now millions of people trying it.
I love your videos because ur like the only person on the internet who talks about stocks and doesn’t pretend like he knows everything when most of them know literally nothing
@【𝐁𝐞𝐧𝐣am𝐢𝐧】▪️ This bot ain't gonna work for this channel man. Ben doesn't know shit.
@@ohjahohfrick9837 exactly lol
Seriously, underrated comment !! It didn’t take me too long, well maybe a bit longer than I’ll admit, to hate most of the other TH-camrz nonsense - was making me poorer, in brain cells.
I really enjoyed this video, also I can relate. Literally as soon as I stopped trying to figure stocks out and just trade with gut feeling/luck I finally started making a profit. Every time a friend asks "teach me how to do stocks" I tell them to learn basic TA and go with the flow, if I tell you what to do you WILL lose money.
Every time I try to listen about stocks I end up hating it more. It feels like complicated gambling.
that's actually what it is.
Because it is lol
Just invest in an etf if you don't know how to do value investing
It is. Nothing provides fast and large returns without risk of it blowing up in your face or at least bleeding money most of the time and surviving until a jackpot. Most millionaires didn't get into stocks until after they had a successful business.
@@orteg3940 lol normie
When you buy the dip but there’s an even lower dip, you must keep doubling down till it gets to zero. This is the way🚀🚀🚀
The turn is gonna be so juicy!
I mean this works but only with fundamentally good companies lmao
@@donb2527 It could sometimes work, which is a bit different from simply working. The company/asset could crash for the long term, regardless of fundamentals. I know this is just a meme, but anyways, the likeliest thing to eventually happen with that sort of strategy is that you end up with an average entry way above the bottom, and it stays that way for a prolonged period of time. By the time an accumulation hits and finishes, you might’ve spent years with money locked underwater if you never cut your losses. Worse, consistently more money invested in bad trades than good ones. Opportunity cost is awful, even if it were to produce okay results most of the time
@@Erideah see if you don’t do fundamental analysis you’re right. If you analyse your portfolio, follow up on QE reports and what is going on around the company, that is very unlikely. The thing is, the only times good companies stocks go down and stay down is in a recession, if not the company and it’s officials would buy up the underpriced stock (if they are smart). It’s a rare occurrance to get a company at a heavy discount especially a large one like the ones you see in the DJIA. That was more what my comment was aimed towards but you can for sure apply it to different stocks aswell given you have the knowledge.
An example of this is we bought 2000 shares of a company before corona that we knew were fundamentally good and would be for a long while. Cost was around $20.000, corona hit and price tanked 50%, and now, it has quadroupled in price from the all time low and our position is up 100%. What we should have done if we were confident it would return to normal is to buy more shares at the lows, as the company still fundamentally was the same as they transport LNG and that’s fuel/energy transport which was still moving during COVID when other industries were struggling. Either way we didn’t do it, we kind of bought it and forgot about it because of all the other stuff going on, but at the end of the day the stock price is around $22 now and we are looking to sell it around 25-26, so things are looking good.
Moral of the story: buy when there’s blood in the streets and the world is falling apart, sell when we are living in paradise and everything is well.
@@donb2527 No, that only works for fundamentally good companies in a bull market, which yes we have been in since 2012 or so. Doubling down on your LEAP call by rolling out the expiration date and strike isn't gonna do you much in good in an overall bear market.
Lol I sell options to the guy at 5:00. He wants to use long strangles? I am 13 for 13 on selling those to other people. Do the opposite of what that guys is saying.
You and Ben are the only stock TH-cam channels I actually enjoy watching lmao
@@anthonymartelli4378 Benjamins editing is god level though
@@anthonymartelli4378 I trust the words of Mikey millions and Ben more than any stock youtuber out there, other than the obvviously legit ones like bagel and whatnot
i mean i was planning to do so, but a regular person can sell options?
@@christianleonpalomino93 Yes.
7:48 he lied to us and he betrayed us
That car scene at 11:09 actually takes place 20 mins from my home address - guess I've been livin' the high life without knowing
i love when you play the little casino effect and music
Gotta love "the Tequila Song" music!!
It’s all so great, the blowing up part on the screen, gets me every time.
Love this channel! fr
How to be a good investor:
Step 1: Have lots of money.
Step 2: Diversify.
Step 3: Go all in on Shiba inu and be a gazillionaire.
Step 4: Don't forget to buy a ticket for THE METS BABY, GOTTA LOVE THE METS
Step 5:
Put everything in call options and become a WSB legend
@@Chickentorchic to the 🌚
@@Chickentorchic I'm excited for $1 SHIB!!!
i don't even know what I'm watching anymore i didn't even realize i zoned out for the whole 11 minutes.
loving your videos man, good humour, good information and honest opinions
Is “hitting 0$ account value“ a valid exit strategy?? (Asking for a friend)
No. -100k is the only valid exit strategy
Easy to liquidate when there’s nothing there .
You can avoid margin calls if you change your phone number a lot too...
@@id10t98 lmaooooooooooooooooo
@@id10t98 Just use your granny's SSN.
there was a funny story from i think 1932 about a university research group that decided to come up with a trading strategy. that strategy ended up out performing everyone else... it was throwing a dart at a list of stocks in a newspaper
"Confidence high, Return high, You're probably high" - brilliant quote.
Thanks for making videos dude I really enjoy them and your humor
"Options as a starting point." That's like losing your V-card in a feature film with Lisa Ann.
Don't Google it, it's a trap
It's so true, the further I got into my financial studies the more I feel like everything is priced in lmao
explain briefly please
@@flyerboy2594 What he's saying is that he doesn't know what he needs to know, nor does he know how to know it. He is metaphysically and epistemologically adrift in a sea of nonsense...which leads to random acts and the acceptance of the notion that its all a gamble. What people refuse to understand is that there is no such thing as luck. There's preparation and there's opportunity.
To become a Capitalist you must understand and live by it's philosophical roots. The rejection of the "what it is" and "how you know" results in a nonsensical set of "what to do" rules. Benjamin has dedicated his channel to the nonsense that pervades the "retail trading" culture. The only way Ben will make money in the trading/investing world is selling ads here on TH-cam.
@@A_friend_of_Aristotle Luck is real to people who want to gamble, and even more real according to the people stacking the decks.
This is hilarious! Your sarcasm is wrapped in so many layers of sarcasm it’s back to just being honest
“During the gold rush, the real money is made selling shovels”
Yaaaaayyyyy another upload from our favorite financial advisor
When the first guys said "almost never lose strategy" i was expecting him to talk about a put credit spread or iron condor but then I was physically in pain when it turned out to be the strangle. It's called that because theta decay strangles you from both sides as the stock trades sideways lmao
@【𝐁𝐞𝐧𝐣am𝐢𝐧】▪️ lol viewers of this channel are not so guillible we have already lost too many Wendy's paychecks
@@aceowhatg2551 lol
Hahaha yeah the worst advice ever! Really dangerous when it works with small positions and hit you hard in bigger „so safe“ ones LOL
I thought the TikTok video was gonna to be about selling a strangle during high volatility and then teaching to adjust the leg closing from where the stock is moving away but no, the TikTok et showed exactly how to lose money mathematically long term from the probabilities working against you.
it works, its just that delta hedging, in the case of most stocks, can only work with really well-researched strategy that overcomes vrp effect
Benjamin, nice video. You say you don't know much about finance, but you know a lot and explain it well. Funny as hell too!
Thanks for watching,,,
Send a direct msg right away.
👇👇👇
What'sapp✚12093548298
dude that goldrush, selling shovels thing kinda stuck in my head. thanks for that!!
I usually seek financial advise from my broke uncle who predicted the 50 ends of the world in the last 10 years
It’s a healthy reminder of who we are selling puts to
Dastardly strategy! Let's see if it pays off.
I mean.. he could be right 🤣
No cap you are going to be way funnier than the guy with the 10 million dollar studio at roasting these "financial tiktokers". Honestly your content is addicting 👌
Was keen to see you test more stuff.
Spent a lot of time talking about TikTok Investment strategies - and then opened 2 positions lol.
I've never felt more attacked by a video. It's not like calling out my bullshit will get me to stop gambling on the casino, especially when I clearly don't know how it works... because I'm an idiot.
But I do appreciate reminded that I am, in fact, an idiot from time to time.
Subscribed.
Ben, I found your channel a few days ago and you have helped immensely in getting me through a slow work week. Appreciate the laughs man.
>Make ETF out of top TikTok investment ideas weighted by video views, float it on stock exchange
>inverse it
>Profit
There is literally an ad for trading strategies that "turns $10 to over $4k"
3:23 "options trading is a good starting point", like gurl how much coke did u snort 💀💀💀💀💀💀💀
Bless with another King Benji 👑 video so quickly from the last
I was just thinking about how we needed another benji vid
I really like your approach to simplifying this topic. Great job buddy, I'm glad I found your channel :)
“Tiktoker: stocks either go up or down, they’re not really choppy”
SPX: “Hold my blunt”
Let me just say your music choice is immaculate and it really makes the videos that much better
I am a scientist.
I can confirm that performing tests with low sample numbers is the best way to come to the conclusions you want.
That kids, is science!
This comment is seriously underrated.
You literally one of the reasons i started a stock account, you sir never stop pls
TH-camrs like these are the reason I have so much admiration for so many content creators. Smart Guy, got swag. Eg. Sam O' Nella.
Lmao a financial starting point. I can't even imagine beginning trading with options using tiktok for research
Could be worse, you could be buying Streamer's/YTer's pump and dump crypto at highs.
My very first trade was options. Even worse; it was futures options!
@@nautical1078 nope in option u can actually even go negative that could literally ruin ur life the coin maybe goes too 0 but u will never be in debt over it
Ben, even if you mortgage your house for this. You absolutely shouldnt sell your PC, keep making content its very good
@【𝐁𝐞𝐧𝐣am𝐢𝐧】▪️ hahahaha bro you must be the real Benjamin. I have 2k can I give it to you and can you double it?
"A lot of TikTok financial gurus sees option as a starting point "
" Yeah it is a good starting point, once you lose everything the only place left to go is up"
Really enjoy your style of presentation and also the content. Would love some more basic financial advice (not financial advice) for beginners. Keep it up!
Thanks~~~~
This is comedy gold! Congratulations on the funniest finance video yet!
love this channel , bring so much rationale into real trading. And some of the Vids are entertaining as hell. Good work, Baby.
damnn!!! that options dialogue really hit me hard, totally resonated
love your videos and commentary!
Buy high sell low
then buy back higher
@@likemysnopp sell even lower
repeat until rich
Another day, another way to lose all my money. Talk to me Benjamin.
This was the first video of yours I watched. Funny as hell man keep it up
I absolutely love Peter and the Wolf music. And thank you for the sound investing advice
There is plenty of cringe investing videos on TikTok to choose from
the app even recommend the most cringe for me
What would you expect from people who don't have life but spend more time making TikTok videos than doing the thing that actually make them more money that they claim is.
Benjamin out here speed running a TH-cam life cycle
Man, this always lightens my day.
“Use sample sizes too small to come to whatever conclusion you want”
As a guy with a science degree I can confirm this is true science
Your the Hiden gem of stock investing i love your videos
Babe wake up, Benjamin posted
I love how his strategy went from figuring out how options work to make money, to last long enough to not be fucked first.
Thank you for being on the internet. Your videos really crack me up on a daily basis and I always watch them after my calls and puts go wrong XDDD
Dude, I literally just fuckin' smoked, and it caught me off guard when you said "You're... probably high", I started thinkin'
_"how tf does this guy know?"_
Awww yeaaaah, Benjamin uploads a video on my lunch break
Dude, seriously the wording you use and your narration are incredible. Really enjoying watching your videos. I think you'll be huge here.
Excellent video bro
I don't know stocks but you made it entertaining
I subscribe to several financial channels, and I've "not subscribed" to many, and this is the best combination of editing, content, comedy, and entertainment I've seen yet in a financial channel. And the Peter and the Wolf (of Wall Street) isn't lost on me either.
options is a more complex derivatives of stocks. That girl saying option is a starting point is like saying college is a good starting point for every toddler.
I would say that options are probably the second most complicated thing in finance, and her comment is so outrageously wrong... i would probably compare it with going faster in a car with manual transmission for someone who only started driving and somewhat gets how automatic works. Its true manual goes faster, but only once you know how to use it and dont stop completely while changing into third gear
@@maximmatkovsky6490 What would you say is the most complicated thing in finance?
@@AlexanderBuchan hardest for me would be futures as something practical. That is only my personal opinion and does not represent anything other than that. For that reason I have never touched oil or gas or any of the commodities, as number of things that can go wrong and that are unpredictable are fairly large. True, it is form of options, but way more complicated. Also bunch of academic things can be included that has more to do with either economics, math, stats, accounting and all of that combined, but that is more theoretical and I never used that in trading. Let me put it this way, having spent 7 years getting math and finance degrees have prepared me a bit, another year of experience in the field have helped enough for me to say that options are the field i am comfortable with. So that vs "options being a good starting point"... well, i dont know how to comment that girl so that she would understand where she actually is now versus where she thinks she is.
Strangles/ straddles are amazing! You just need to sell off one leg at a time to make money and you're either right or wrong.
Agreed to never buy options on high volume days; however options have a moving average all day and low volume hours are sometimes great to pick up these at slightly cheaper enough to make money
Dude I'm in love with your channel
That chick really said options was a starting point lmao
What would you expect from someone who hasn't proven to make a million dollar in doing the options trading they claim to be doing.
Loved the vid bro keep em coming
Just found your channel. Love the content and I love the idea of the Peter and the Wolf song.
Had so much fun listening to your video, thanks!