system
A chat on subreddit /r/wallstreetbets
human
I’m new to trading… how tf did you do this and how do I avoid it??
gpt
First step is to realise you don't know more than expert multinational investors with 1000s of researchers and programmers - that you are in a casino playing roulette. The house always wins. 


You are not the house, those are brokers. You are not a professional poker player. 


This clowncar subreddit is not a team of card counting blackjack pros hustling the house and inviting you to partake.


At best your highly regarded fellows will get you to hold the bag in a pump and dump as if you're a chastity ring adorned freshman at a frat party. 


When you gamble, sometimes you win, sometimes you lose. But on average you will lose more than you win. Less knowledge, less time and higher fees.


At least if you lost your money in a real casino they might comp you some drinks...


The second step for you avoid losing money by only gambling (active/speculatively investing) a small 2-5% part of your portfolio (if you feel the need to have to do this). You put the rest split between market tracking ETFs or similar and bonds/high interest savings accounts.


Be aware that with shorts, margin trading, calls/puts you can lose more than you put in the account - read up and learn what you are doing without using this subreddit as a primary source of information - except when I post of course. I should be listened to as I am even more higly regarded than everyone else. My wife's boyfriend says so.