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/biz/ - Business & Finance

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>> No.58434325 [View]
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58434325

>>58433851
I think the problem is the knowledge level of the board and required capital. To really make money in the stock market you need a decent amount of money to play with, and there are different trading styles to learn. The whole time you're doing it you have to be thinking "would I be making the same or better return just dumping into the S&P500?". Most retail traders never surpass this bar. People here are drawn to crypto because they think they'll put $1000 into $APU or whatever and be millionaires.

I think most people on /biz/ should be discussing ways to raise their available capital through businesses etc. That said given that most are drawn to crypto as a "quick in and quick out" in terms of getting rich, pic related is a halfway decent book about a guy who played the markets. The Market Wizards series is cool too. He sells a ridiculously terrible overpriced course but Anton Kreil's general perspective is fairly legitimate. I'm not a professional a trader, I've just worked close enough to capital market stuff to see some of it. Really the only pro traders that exist anymore are in hedge funds.

I'd like to see threads on dropshipping, print on demand, flipping etc. and other ways of making money. Crypto gambling is gay and boring and most people are never going to make it with crypto.

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