Redditor makes $8M on a perfectly-timed $150k Tesla trade (opens in new tab)

"The moderators of this subreddit have set it to private. You must be a moderator or approved user to visit."

Not much use posting this if most HN users can't actually read it.

Wallstreetbets is the 4chan of investing. I would take that with a grain of salt...

Every single day there's probably somebody who puts a huge amount of money on a roulette square and comes out with a 36x return on their money .. for that day.

If this unsourced account is true, it must have been either heavily leveraged or an "accumulator" of a number of trades which had to come off perfectly. And with leverage you can lose more than you invest...

Business insider link since the sub got put private: https://www.businessinsider.com/reddit-trader-claims-make-mi...

This was from yesterday; trader claimed he had puts on the stock at its peak, and doubled-up from $4M to $8M