/biz/ - Business & Finance

I am casting the next crash. You all deserve it anyway.

>>13160522
I am thankful for TVIX.

>>13160432
>Intellectual property is bullshit and holds back humanity edition
baste edition
fuck copyright law in all its forms
a most vile form of rulecuckery

also, when is /smg/ gonna start following the only law that matters: maritime admiralty law
>taxes?
for faggots
>murder
was it for a good reason?
>raep
it aint raep if theres no laws

post your overall returns

post your overall returns

>>13160567
>maritime admiralty law
w-what you do when the U.S. decides for annex you O_O ?

>>13160606
Dammit. I really thought I was gonna have a green month but I got fucked instead :(

>>13160656
you're still pretty new, and you'll definitely be able to make that money back if you learn from your mistakes
what are your holdings

>>13160606
me am stuck @ $700 on robinhood
keep making then losing money ;_;

ATL was $550
at $710 atm

i hope none of you are members of myanimelist
islamic extremists have retaliated for the NZ attack
and they have chosen to strike anime first, as it is the last implicit stand of white identity
inshallah

>>13160522
When it happens, I'm gonna load up.
>"T-thanks for the cheapies."

I want to talk trucks, ford holds best truck of the year.. i like my gmc, and shit electric trucks in euorpe are good, volvo used to make a great engine and damn... volvo is 100 electric... car manufacturing, lets find the best of them all and go.. we can make long term ivestments... we can do more research, and shit can be bad, but lets have open discussion for what is good and bad regarding products and personal opinions..

we are who we are... i know you're all retarded anyway, but let me group us together to at least clash ideas and argue maybe violently, but no harm no foul

i love you all and if i can think and not hate for a second and talk auto for 2 or 3 seconds... well it's worth everything.

i've lost over 50k, i can post loss porn, but i am only playing with money i can afford to lose.

>>13160779
>myanimelist

anilist is better

>>13160762
day trading isn't my style, desu
I'm bad at it, don't have the time for it, and just prefer to hodl for extended periods of time
one thing I've learned over my period of time trading is that your average share price is really important
averaging down when you're red, not adding when a stock is on an uptrend, etc
the thing that really helped me recover from Q4 2018 was averaging down on GALT with money I previously had in WTR at around this period
I also used money I previously had in VTGN to average down at that dip right before the really big spike

any loan taken.... understand the market can collapse so like taking a 30k mortgage and a housing crisis happens and that 30k loan to improve value 50k then who gets holding the bag...

rate

>>13160854
>>13160762

>TFW it's another episode of Baggie's drunk stream of consciousness

>>13160854
LMFAO
go look at its forums rn
holy fucking shit
im fucking dying

>>13160872
is a staple of /smg/ tbqhwurn

>>13160880
>using the forums on an anime site other than 4chan, which is also an anime website

>>13160854
you're not a day trader, you're gay and honestly... you independently pulled one of my tickers... i make too many trades, i do find great picks and i need to slow down... i will only make a few trades a week, my portfolio on robinhood, shit look at it i will post soon i have had too many drinks, but i'm going to make fewer trades and collect more dividends, and expose my self to tons of risk.. and limit exposure... i lost like seventy five hundred since january that goes to the fucking 65 hundred i spent on drugs and hookers... i'm a loser.

>>13160896
no wait drugs and hookers were seperate, and the 76 hundred lost was with that so yeah it's bad im down like like over 20 large

>>13160854
>averaging down
<_<
averaging down can be very very dangerous
its seriously not something to get into habit doing

>>13160892
pen if you dont look now it may be gone
i luv you guys so came by to inform you
7000 fuking threads in an minutes

https://www.youtube.com/watch?v=SuFScoO4tb0&list=PLb7YSwrGOyBQH2J0qjB2eaAE9hwzhJXOr

>>13160892
ya missed it
lmao at the fuckng hotpockets having to deal with 15yo threads being bumped to their frontpage
fuck mods, jannies and niggers

>>13160911
it's been very helpful to me so far
it's something to do if you don't mind short term losses and are more focused on the long term, imo

>>13160896
you seem to have a pretty good sense for the markets, desu
you make plenty of good calls, but then you do something retarded and blow your account up
not making as many trades probably would help, especially since your trading style is really high risk, high reward

>>13160925
>>13160940
I'm confused, what happened

>>13157289

Thanks for selling, making it easier for me to buy more. I told you fuckers don't worry about short term price action. Screencapped also so I can repost your post 2 years from now

>>13160432
>Intellectual property is bullshit and holds back humanity edition
But muh Disney!

>>13160972
>>13160911
I understand why you wouldn't want to average down, since your trades have a really short timeframe

>>13160984
I'll never forget my very first stock fren

>>13160972
allah has passed judgement on the cuckimists
MAL will have threads from 12 fucking years ago on their front page for years now
also the top anime for the site is "pussy"

but goddamn was that something to see live
holy shit
i had no idea that spam could go so fucking fast
on a site with a fucking cooldown timer no less

>>13160984
-_-; no
you are nearly doubling your losses while only 3/4ing your gains
risk management wise its VERY very ugly

me average down only after selling down first
(like on FUN)

TQQQ / SQQQ

M A S T E R R A C E

some asshole is going to take a loan to build a garage... he looks at property value and how much this can increase... it's honestly stupid since housing values have to come down... but liberals love volume and increasing the number of fundamentally stupid people...

>>13161037
i'd give you a place to sleep forever if you introduce me to the people who take care of you.

>>13161059
you talking about grave notant you O_O

>>13161022
wew, that's pretty crazy

>>13161037
It is true that it adds risk, but that risk is highly dependent on how much of your portfolio you put into that particular trade, imo
I guess it boils down to me being a contrarian/value investor at heart

I make 13.50 an hour and have 23K in stocks how long until I can FIRE?

>>13161022
did their top anime actually say "pussy" at one point
from what I can see, it's Full Metal Alchemist: Brotherhood, atm

>>13161096
it not really matter what type of investory you am...
almost everyone who has lost their shirt has averaged down
thats probably the biggest 5 deegrees of kevin bacon of averaging down

>>13161173
>almost everyone who has lost their shirt has averaged down

100% of people who drink water die

>>13161192
drinking poison am like averaging down, you increase chance of dying faster

>>13161067
Meds and timestamp

>>13160522
Checked and rekt

>>13161232
losing a portion of your portfolio (which is by no means guaranteed, especially if it's something that'll do well in the long term) won't kill you tho
it is true that having my entire portfolio is GALT is bad from a risk management perspective, but that's because I have all my money in one stock, not because I averaged down to get to that point

>>13161232
Only average down on stock oversold or down for no reason

>>13161284
the context that you're averaging down in is important
if it's down for a reason related to that company's fundamentals, then averaging down is a bad idea until that issue is resolved

>>13161298
unless you approach it from a contrarian perspective and think it's not as big a deal as the market thinks it is (which I'm all for and would absolutely do in the right context)

ex: JnJ baby powder scandal, MKC missing earnings, LCI at $3

>>13160834
>not living life on the edge
Bet your savings on black.
If I break my leg I'm gonna need to be shot like a race horse.

>>13161126
id bost caps here but i dont trust these fucking cuck hotpockets on this site to not perma my last fucking VPN on this shithole (not speaking of /smg/ obv)

>>13161271
not losing money > making money
your very young so whatever, losing 1k not matter at all
but if you were 40 with 100% of your money in GALT me would think you more retard than me

>>13161284
>>13161298
>still thinking the market has "reasons"
when watching market it like watching aliens you have no hope of understooning what it thinking

>selling shares of yourself to pay for college
Holy fuck I thought of this waaaaay back in high school when I had friends getting perfect SAT scores. Wish I could invest in people, I knew/know some real winners.

https://www.npr.org/sections/money/2019/03/29/708152566/episode-903-a-new-way-to-pay-for-college

>>13161336
I agree, being old and actually having a large sum of money all in on one company (especially a small biotech) is very retarded
When I actually get large sums of money involved, it's all going to be in things like VTI and TLT, and I'll be holding for years to decades

>>13161344
very intredasting idea

>>13161344
I've already been pumping and dumping myself for years.
Too much volatility for retail.

>>13161352
>>13161336
Most likely just adding continuously to things like VTI until retirement (gradually transitioning to bonds as I get closer to retirement so that a market crash at a bad time won't ruin my life)
I'll always have some money on the side to have fun with biotechs tho

>>13161067
no im encouraging growth, learning, and reflection upon how to build upon the growth, so that it all comes back to growth, reflect upon the new development, learning and encourage some more development based upon the initial growth and experiences, but ultimately i'm the uhh guy who you'd never want to meet... never read a book, never learned english from a teacher.. has spent too much on health insurance and never used it, honestly wants to cause disruption in his free time.... but these candles stick charts, nobody taught me how to read them, but the red or green is open and close, the wicks of the candles are just action, change the chart from minute to daily hour weekly... and it is such a great way to look at price action and moments in time... volume data well thats important to look at too, but I can't look at a fundamental quite yet... i guess, spending and losing those 40-60k is enough of an exp[eriance to not need a book... I'm going to trade better now, and lucky for me I didn't mortgage anything and I play bonds, look at banks and well I am capable of doing stupid shit... if you've doubled your money in a week you've done something wrong.... something is fucked up and understand you got out ahead and take the week off... go slower and you won so hard that you should get a week off because those types of trades are brutal for the otherside.
remind's me of this song. https://www.youtube.com/watch?time_continue=1&v=rn_YodiJO6k

>>13161344
15% of her income for 8 years after she graduates, in exchange for 50 yangs for schooling.

Considering how hard it is to find a job, how little fresh graduates make, and how they would be making way less if they couldn’t afford to go to school, this sounds like a win-win. Everybody makes more money (maybe)

>>13161363
Kek

Investing in myself is more of a gamble, but I don’t really get a choice.

>>13161391
On second thought, that 50y could be put into the endowment fund, and may make greater returns...

good evening fellow traders

>>13161391
I'd scam that shit like a pro.
>take a job where your primary compensation is in stock options

>>13161344
fucking disgusting idea, to make your career explicitly about someone else's return on investment. we resolve ourselves to slavery a little more every day

ahort apple, they're no longer a staple good, and trying to propriatary, and they will lose everything since competition is steep and government contracts will never flow with them only against them.

this track is for me https://www.youtube.com/watch?v=T8Xb_7YDroQ
maybe that baby shark shit can get out of my head eventually...

>>13161423
lalalalalal shut up shut up i just bought calls for next week 195 eow

>>13161382
VTI is the ETF version of VTSAX, btw, for anyone who didn't know that

>post on facebook you're thinking about killing yourself
>your shares fall to .01
>buy back float

Would this be considered insider trading?

>>13161420
>fucking disgusting idea, to make your career explicitly about someone else's return on investment

subtle

>>13161420
How did you come to the conclusion that using a portion of your future earnings to pay for your education is “making your career entirely about someone else’s return on their investment”?

It’s like if I owned land but couldn’t till it, and someone gave me a tractor in exchange for X% of crop yields for the next Y years. I would have got much less without the tractor.

>>13161443
Wait. I thought VTSAX was an ETF?

>>13161437
im actually all in on china... i don't give a fuck if I blow up.. i have food and guns already,i just umm have been watching too many of them live birth video's where the kid comes out of the pussy and uhh it's like i need more yang, i don't puke but damn look at it 9 months from now you get a damn new year baby, the worst months are the coldest, so make sure you have a gentleman, but most guys are assholes, and don't think ahead... i love thinking and planing, the worst is not anticipating something, which is why the mother, and i will only have a solo mother of my children, she's gotta have grit and the attitude all for one and one for all... and fuck it.. channel up on oil inventories,deer park texas fire fucked the whole world, deer park texas is basically a giant chemical plant, fucking under control, no re-flared up again, it's fucking burning shit daily, it's broken window keynesian economics at their test... but the world economy lost tons of material in those.. the banks are scrambling to insure the product, shit is hitting the fan ladies and gentlemen, but thankfully, trump set more work twords to us, and it's overseas who lose in these harsh times, the worst is the school children, they don't know... they have to go through a dark cloud of smoke, and inhale the stuff, it's not bad because fuck.. it's terrible what's happening to the children... i want the girl i knock up... to not drink or be exposed to smoke while she is preggers.. that's my kid... keep her and them save.. safe as can be..


I want to make 3 trades a week.. I've lost a ton of money, but I will make 3 day trades a week, and fully document them. I don't give a fuck I trade shit all day and have lost too much money, and big lots and big trades, can make or break you.. While I'm not broken, i'm thinking about children and have to lead in the position I am.

>>13161529
VTSAX is a mutual fund

>>13161420
the fact that you prefer men to women, and want to judge some one else as disgusting, why don't you just fucking go kiss the tomb of lenin.

>>13160724
3 memes, 3 legits. Only one im not confident in going up is REFR, but I have a real job so I can start putting more money in to better stocks soon. I'm just really bad at finding good investments. Feels like news is useless imo

>>13161540
this is better than anyrhing
https://www.youtube.com/watch?time_continue=6&v=XqZsoesa55w

>>13161540
Your mom is a mutual fund

>>13161551
ADMA traded like shit all week, feel like it's headed for a CRL

>>13161536
sometimes you make a yang, sometimes you lose a yang. in the end it all balances out, This is the foundation of the ch'i

>>13161529
>How did you come to the conclusion that using a portion of your future earnings to pay for your education is “making your career entirely about someone else’s return on their investment”?
Most of these contracts are contingent about getting a certain kind of education for a certain kind of career. As soon as you sign it it's no longer about getting the education for you and shaping your future, it's getting the education to get the revenue stream for them.

>>13161547
I have no such preference. And I'd love to take a trip to moscow sometime.

>>13160432

RATE my HODLings everyone:

NASDAQ: GOOG

NYSEARCA: VOO

NYSE: BAC

NASDAQ:COST

>>13161551
Starting out with a small sum of money is a good idea, minimizes the impact of your early mistakes (which everyone makes)
Good news is just confirmation of a company's good fundamentals
You should always try to buy in before good news, not after
Also, the price may be manipulated by things other than fundamentals in the short term
In the case of biotechs, the idea is to find a company with good science (the only intrinsic value there is in biotech) and buy in before a catalyst happens, not after

Timing your purchase right is very important as well (making sure you don't end up with a really high average share price relative to relative to the range it's usually at, preferably the opposite)

>>13161561
based and babypilled

>>13161551
>>13161602
A biotech that has good science may fail as well if it has bad management

ex: CYDY
Its science is fucking great, but constant dilution and incompetent management are holding it back

>>13161567
i've put my yang in more yin than you've even been able to discuss true balance... but i will tell you as a young boy... 10 11 years old or so.. i wanted to climb mount everast, and be a great climer.. i did tons of water stuff, i used to hold my breath under water and work basically blind and just make every bodies day easier, i started smoking and hurt my lungs, so i hurt my legs because of my smoking, and drug use, i still can get to base camp at everest one day, but k2, and some of the other mountains like killimanjaro, I did tought Mt. MkKinley, summit, but that was in Alaska, and im talking more about himmelieas, and africa and how smoking takes away from you at altitude, and how when diving it can be life or death if you're a deep diver, and love prssure under water welders, they do have the worst work to do, but they are the best at what they do.,,

>>13161582
Not exactly. The system is that they require a greater % of future earnings for some careers to make back their money. So teachers and Latino studies majors have to pay more of the earnings than engineers, because it’s assumed they’ll make less.

It may help competent poor people get educations that less competent wealthy would normally get, meaning that society wastes less resources and gets greater returns.

I want the better engineers designing my self-driving cars, not just the ones who could afford college.

>>13161602
>You should always try to buy in before good news, not after

Any way to predict that good news is coming? I mean, other than being an insider and risking illegal trading charges?

>>13161602
you talk likE A FAGGOT.... SPACING AND SEPERATIONS FUCK YOU.

THIS IS SEPERATION AND DIRECTION.

THIS IS BABY SHARK!!!! YUM

i have this to say, you're speculating, and not trading, trading and speculation is different.. so watch these candle charts. i think i heard the japanese invented these candle stick charts, but don't trade to much else, since no one else in the world as humans, and humanity has developed a better system since that, and learn from experience and shit..

>>13161661
If a company has good fundamentals (what that means depends on what kind of company it is), then it increases the likelihood of whatever news comes out about it being good
Nothing is ever guaranteed, tho

I want to cry.. because of how bad last year was.. sometimes personally I like to get to the highest point I can find and look out over the water, the rivers and channels that come from climbing up there and well.... last year I cried my eyes out at the top for a bad reason... loss of life and companionship, friendship.. I have nothing left to lose.

https://www.youtube.com/watch?time_continue=2&v=md15-bpJpdY

>>13161672

If a company has good fundamentals

those companies do not go public.

>>13161710
https://youtu.be/x6LovY_DdEE

>>13161719
i remember seeing that again, it was back when spin used to trade.... who cares...

damn i can give you a burner e-mail, but i do respect this forum, that just bitch at me for having a trip code and what ever it's that... i am not self promoting, i feel i respect the damn forum... it's bad that damn i guess maybe i've been here too long, but fuck it.. no i guess all you anon mother fuckers can get out of here first.

>>13161564
FDA drug confirmation on the second. Pretty good time to get in imho, even though I got in at 3.90.

>>13161602
Thanks fren. Any tips on finding good stocks to invest in? Or is it all just randomly looking at stuff on a page? I need to work on diversifying more. I'm in the process of starting a dividend portfolio right now just for long term holding and value

What the fuck do I invest in with only $100

do any australians post in this general?

S&P 2900 still looks so far away
2900 still feels so far away

we might get there but it'll take patience and no more bad news

>>13161751
I personally just randomly choose a bunch of stocks that people are talking about, then sort through them and decide for myself which ones I think are good

I found out about VTGN because of Baggie posting about it

How much of my net worth should I be betting on puts/calls? Is 15% too much?

>>13161808
https://en.m.wikipedia.org/wiki/Kelly_criterion

>>13161808
you can go up way over 15% if you diversify your options
('diversify' doesn't mean the exact same thing as it would for stocks)
BUT if you are asking that, you will probably end up buying a bunch of options in a way that you lose money on all of them

don't do it

don't go over 5% of your net worth at first, 2% is probably safer.
I'm currently less than 1% of my NW in options, only rarely will I be above 1%. No reason.

>>13161763
not anymore sadly
we used to have two or three last summer

tho, bear in mind, after that one white nigger shot up that mosque, aussie and NZ ISPs have been banning all imageboards (also yurocucks are not far behind). sure, all it takes is a VPN, but if youve ever dealt w recaptcha under VPN... well.... ts enough to make you not wanna post here very much. not to mention vast swathes of IP addresses are rangeb& from the cuckening still

*sips*

>>13161851
its mostly only phoneposters that were affected by that shit in australia. our lovely aus/pol/ has suffered a little bit as a result. cant speak for nz though

vpn + 4chan pass is usually the best option but not everyone wants to pay that much just to shitpost

>>13161789
>>13161751
Stocktwits is a really good stock screener, imo (solely to find new stocks to add to my list, absolutely never to make a decision based on a post someone made)

i've been making too many trades and too greedy, but i will give you all 3 trades a week, and pick them and judge, we can lose.... well i've lost... im not trying to fucking lose, but i'll show entry and taken, and 3 trades a week, we got closed markets coming up for passover... it's ok i got too much I have to do...

>>13160834
but you're up a lot, r-right?

it will be live time, and fuck it, i guess.. since i front flow sec comes at me..... shit i should not even care... and stop trading... shit we got a short week, look 3 weeks up and we stop for reasons, tax man then we got the sedar, my jews is with me, for the families who belong to be here under our god and why Israel is from another level.

>>13161882
This is why newsfags shouldn't ride his dick
It looks really impressive when you see 200% gains in one day, but when you use that kind of strategy long term, that's usually what your overall performance ends up looking like

>>13161901
newfags*

>>13161901
>>13161882
And Baggie is actually good at it
99% of retards who try what he does get BTFO instantly

this is my song.... for ever as long as i live this song makes me want to cry. i'm cooking and want to cry since it's so passionate and perfect...

omg... this is the one... it's so damn perfect..

https://www.youtube.com/watch?v=HaA3YZ6QdJU

i don't care, it's so damn good it's fucking amazing. i wish i could say billy joel was bad, but if anybody has any bad things to say... shit you're barking up the wrong tree..

>>13162072
go to bed

>>13161751
>FDA drug confirmation on the second
Like I said, they might be getting slapped with a CRL, the market doesn't seem to have confidence in approval

>>13161869
>>13161869
>vpn + 4chan pass is usually the best option but not everyone wants to pay that much just to shitpost
paying to funpost turns it from fun, to something else entirely imo. closer to whatever it is the untermensch at SA do (huff their own farts, more or less)

regardless, the only reason to buy one is to get a VPN to remain anonymous, but unless you bought it with crypto, youre handing your CC info to a guy who literally started his career by scamming the all the users of 2ch and selling their data and CC shit to the highest bidder.
thas no good

>>13162072
elton jon would suck billy joels cock so hard that billy joel would cease to exist afterwards, and his memory would evaporate into the vacuum of space

>>13161635
This is what I think the problems with ATNM are. The managment is not great

>Markets closed on the weekends
Well it looks like it's time for me to learn about the ultimate pyramid scheme: cryptocurrency

>>13162425
the stock market is a more 'ultimate' pyramid scheme in terms of size and destructive power
cryptocurrency is boring and formless

>>13161103
10 years probably unless you really grind

look into househacking with a fha loan for a cheatcode

>>13162440
True, but they're based on companies that actually exist, except for the few total cons out there (Theranos)

>>13162425
>>13162440
Forex market dwarfs all others

its open 24/7, but it will rip your face off without a blink

crypto is chump change, derivatives and commodities are bs, and stock market is a tame little kitten compared to foreign currency trading

>>13162614
whoopse bad image, heres a better one with label

>$5 Trillion traded between people every single DAY

>>13162614
>>13162630
forex isn't a pyramid scheme though, equities and crypto are
currency is imaginary but it only sucks in its own value, it can't destroy real value on its own

>>13162630
But that’s what, just banks saying we need this many yen and we’ll give you this many dollars for it?

On IB.com account i keep getting error :400 when trying to place an order. Help

KEY
April 10

GEO had fallen off my radar, but it looks like a good time to pick up a bag. Who else wants to profit from the misery of subhumans?

Should I start reading up on Taleb or is he just a pseud

>>13162992
kind of both, he's a world class trader and has developed some ideas that are hugely influential, but he's also a complete asshole and greatly overestimates his own (already high) intelligence

>>13162965
It was on my radar as well. I'm not sure how much possible weed legalization will effect prison populations, which is what keeps me from buying in.
You know, normal REITs and real-estate funded equities are already allowing me to profit off of the renter class. Apartments are basically prison for subhumans already :)