/biz/ - Business & Finance

>>58285576
fucking women, man.
>>58285582
it's all flip of the coin at birth. the tiny fraction who make it on hard work and determination doesn't make up for the overwhelming majority who turn hard work and determination in to nothing then health issues then death thanks for playing lmao.
>>58285597
doom bull

>>24458589
up 700-1000 on boomer funds, won't know for certain till tomorrow morning. Just another normal day, wagies ragies.

>>24365192
Because investors who invest in funds should not try to time the market if they don't have the time to schizo graphs 4 hours a day.

Time in the market beats timing in the market for the majority of retail, but they try to time and that is why the retail market makes 1% P.A on avg among its investors...

>>24333930
Hmm, most likely the opposite anon...
Biden being sworn in removes another level of uncertainty in the current climate.

Trump staying is BAD for market, Trump currently is BAD for markets.

>>24308320
For stop losses I lean towards just putting a mark on your chart to represent your low tolerance, watch the chart or set up a price alert to tell you whether that line was breached. Then decide whether you want to sell right there immediately or no. Usually it's best to give it half a day to sort itself out. Sharp spike towards to knock out a bunch of stop losses is a market classic maneuver, bounce right back up afterwards.

Second and pretty important thing that a lot of people fail to do: partial profit take at a spot you decide on right when you enter the trade. You can use a variety of things to decide where you'd like to do this; maybe wherever the upper bollinger band is on entry, some multiple of the ATR, fibinachos level, a probable resistance level, etc. Take out 1/3rd or 1/2 at this level then let the rest ride. The point of this is to turn a percentage of your break even or small loss trades in to small winners instead. I cannot tell you how many times I have been mayb 10% in the green on a trade only for it to 360 walk away on me and wind up being a break even or loss by the time I cheesed it out of there.

>>11781966
This guy has it figured out.

I budget EXTREMELY strictly, but allocate proportionally more to buy good food. I will buy basic shit in bulk (oats, milk, eggs, pasta, potatoes etc) from cheap supermarkets like Lidl but will spend more for nice cuts of meat from a real butcher, artisan cheeses, higher quality beer and wine... Grow my own herbs and occasionally seasonal vegetables.

If you play it smart you can have an amazing roast chicken dinner for pretty much the price of the chicken and then eat for another 4 days with the leftovers.