/biz/ - Business & Finance

>>25222767
true.

how much are you up or down this year, both $-wise and %-wise?

>>23137594
eizoukek

>https://seekingalpha.com/article/4373819-gamestop-chewys-founder-ryan-cohen-finds-whats-next

you didn't sell your GME for a loss, right, anon...?

>>19310298
i play MTG as well and i find a lot of similarities between the two in all honesty. the big one is that a lot of people look for the "holy grail" but in reality, lots of different strategies are perfectly viable, from simple ones to complex ones, in different markets and different circumstances. some people scalp, some people swing trade, some people hodl for 30 years. some people use MA's, some people use bollinger bands, some people use some crazy advanced AI machine learning algorithm. some people make huge gambles a la WSB, some people do DRiP and just try to live off dividends. some people DCA and some people use stop losses. some people like more FA-related strats that rely on things like events/catalysts (most common is probably earnings since they happen all the time), some prefer naked charts just looking at chart patterns and volume, some prefer indicators (of which there are literally thousands of different ones).

ALL OF THEM CAN WORK WITH PROPER RISK MANAGEMENT. that's the key. similar to how you can play mono red obosh, yorion lukka fires, gruul stompy, azorious control, or any number of other decks from tier 1 to tier 3 which are all perfectly capable of getting to mythic rank if you put in the time on MTGA. you don't have to be right 100% of the time to be profitable, that's another mental block a lot of people never get over. like a 51% win rate with a 1:1 risk:reward is technically profitable in the long run, even though you just win a little more than you lose. 1:2 you only need to win more than 1 out of 3 times to be profitable, just 34% or better, you're still making money. the key at the end of the day will always be probability, statistics, and risk management. it's not about winning 100% of the time it's about, over a large sample size, how much are you winning when you win, how much are you losing when you lose, and what is your win rate%? everything else is just trying to improve your "edge", give you better odds of winning.

>>18396202
why deal with all of this shit instead of just betting on up or down with stocks?

>>18039067
just ask /a/.

that said, it would be cool if we did that. like, financial-related anime in some way. like hunter x hunter with leorio or Keep Your Hands Off Eizouken! with pic related. anyone else want to contribute? it has to be an anime with a character or some kind of theme directly related to money or the stock market.

>>17821164
i love that show.

>>17389377
what do you do for a living? do you like it or hate it? im always curious to hear what other stock traders do for a living, anyone can feel free to share.

>>16767507
>ichimoku cloud

it's shit. watch: https://www.youtube.com/watch?v=5a8oHcG1DUc (hint: part of it is actually legit, the rest is trash)

>>16767542
aroon is a pretty common indicator actually, so i have. also you should really be using the aroon up and down (the oscillator just gives you one line which is the difference between the up and down), it does more things than the oscillator.

it basically just tells you when you're forming new highs or new lows over a period of time. you didn't redpill me on bollinger bands yet which leads me to believe you don't know wtf you're talking about unfortunately, oh well was worth a shot to see if you'd tell me anything new.