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/biz/ - Business & Finance

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>> No.11123056 [View]
File: 178 KB, 596x278, trade-invest-table1[1].jpg [View same] [iqdb] [saucenao] [google]
11123056

>>11122952
>Are there any other rules I should be acquainted with before putting real money down?
Buy low, sell high

literally the only thing you need to do to make money (how you do that is another matter entirely....)

also avoid options, they are ways to hedge a bet, for people with a bunch of capital

you WILL get burned on them
think of options as lottery tickets, very low chance of making money, high payouts when you do
(you have better odds betting all your money on a single number at a roulette wheel)

also dont trade stocks, invest in stocks (see pic)


>>Why would I buy and hodl stocks if the economy is going to crash?
because youll make money up until that point when the crash does happen, and if you are up 150% when the crash happens, and only up 110% after the crash, youll still have a 10% profit, compared to the tard who never bought in

also inflation

also by definition you cannot know a crash happens until after the crash has occured (hindsight is the only way to know a crash happened, predictions are just gambling)

remember, if i say that the stock market is going to crash tomorrow, and i say this every single day, for years on end, eventually ill be right, and youll only remember the one time I was right (or that I "called" it )
you wont remember the 10000x times that i was wrong

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