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What Futures Traders Can Learn from the WallStreetBets Shock and Awe Moment

Originally published at: https://optimusfutures.com/tradeblog/archives/wallstreetbets-futures/%20

This article on WallStreetBets is the opinion of Optimus Futures. The WallStreetBets phenomenon is much less clear than the media narrative purports. Social trading has become a major force among retail traders, but should you rely on a forum to help inform your trading decisions? It is important to know where the crowd stands, especially if you can determine whether they might be right or wrong. In early January 2021, there was this sleepy stock that most analysts considered a real “loser” of an investment. Not only was it a brick-and-mortar shop that occupied American malls amid a pandemic, but…

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