/biz/ - Business & Finance

>>19973161
Do you think NIO is an ok hedge against the downturn?
Cause China isn't a dumpsterfire like US currently

St. Joseph of Cupertino, the patron saint of air travelers and aviators, blesses (You) and blesses the global financial market.

I'm interested to invest in gambling, liquor, drugs, whorehouses and human slavery

recommend me some stocks

>>19973191
After watching chinese companies getting PnD'd day in day out on the market, no not really. Also after having looked at their website, I'm even less convinced, they're selling cars, sort of, but also hoodies and other merch, they just did a fashion line with some designer. Weird company

Most retarded shit smg has done so far this year?
Got to be the tanker shit

i put in a buy order for ktov at 1.10 monday. Whats yalls take on this merck buyout rumor for $30/share??? Id be so rich if that happened

reminder that if you're not financially free and you have to work for a living then you're slave

>>19973151
Also JPOW is testifying on the 30th regarding the effectiveness of the CARES act.

>>19973215
Pie in the sky idea. However, announcement of a collab taking it to $3-5 sounds reasonable. Betting on a buyout is just that, betting.

>>19973214
>tankies are the dumbest bet
Watch your mouth. It might end up being SOXL or WFC. Who ever the hell shilled it at 78 though, fucking based call. I should have listened more.

>>19973167
Is the new meme social media company Parler publicly traded??

>>19973222
Reminder that working for your food is the norm for literally all organisms and the difference in humans between labor and slavery is consent to that labor, an agreement between parties.
You're not woke, you're just repeating the mindless propaganda of the Marxists thinking yourself clever for repurposing it so you're the "winner" instead of the "victim".
If you can't handle consenting trade, move to Europe. If you're already in Europe, stop posting here.

>>19973191
If this doesn't go BK, or delisted like lucken. Still no, profit less micro-caps get raped during downturns.

>>19973249
No, but if it does go public I'd suggest buying in the moment it comes up

>>19973205
$BYFC is the bank for niggers

These anime girls are just suifuel

>>19973167
Based.

What are some good kike stocks to make money on? Looking to put jew the jew

>>19973266
Yeah I would for sure. Imagine if Donald Trump went there and it was all over the news and his whole following went there. It would be straight cash!!!!!

>>19973259
But thats the thing, it literally cant go BK in the near future because
https://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/chinese-ev-maker-nio-secures-1-billion-investment/75463038

>>19973191
>investing in Chinese companies
>ever

>>19973302
I think you'd have a lot of 'silent majority' types trying it out, so they'd be able to tout lots of users. But it's also based on how a bunch of companies opening recently went up ridiculous amounts, stuff like Royal Pharma and ya bois at NKLA. People have money to throw at the market it seems.

Bring him back home and let Capitalist, Blitz, LD, and Godz kneel before him.

i've never seen blue on this before

>>19973372
pls no schitzo posting in /smg/

I hope you're ready. This year is going to get wild.

>>19973167
What say you, did I miss the boat on the Second Crash? I feel like SPY will see a bounce into July 4th because it held support and everyones going to vacation so the coronavirus should slam us 9-14 days later right?

I'm hoping to buy buy July 31 215p and sell 200p. Hopefully 50 for 300 bucks, 75000 profit.

>>19973243
>mentioning WFC
I'm literally all in on bank calls.. why would you hurt me like this?

Time for a /biz/ performance survey. Please answer the following questions regardless of if you've made money and be truthful with your answers. Keep in mind survivorship bias and that we'll never hear from the thousands of people who blew up their accounts and stopped coming here.

What was the total amount of money contributed into your trading/investment accounts?

What is the amount you have now?

How long did this take you?

>>19973415
You can make money but get your profits. I have a feeling the bulltards are right and we'll bounce up on Monday, but financials are in the shitter, and I've been saying this from April when Powell was dovish or rates for the end time. I would reccomend payments but they're over priced. The only other exposure I would want in financials is brokers and VRSK (too expensive) AJG, BRO, etc.

>>19973415
>being this retarded
Sell at monday open or lose everything you have.

How much/often does an earnings report generally affect a stock's price? For example I'm looking at a ticker that went from $11.94/share in Feb to -$20.44/share in April. Is it a safe bet to assume the price is going to crater in the medium term?

>>19973415
I hope you at least picked swiss banks for your play or you're extremely fucked.

>>19973402
How are people vacationing when almost every country is still closed for international travel, most cities are re-closing, and there's uncertainty as to whether vacationers are going to be able to go back home after they're done?

>>19973222
There are people who like what they do.

>>19973464
>What was the total amount of money contributed into your trading/investment accounts?
I started with 11k leafbucks, plus I've added around 2k a few months ago.
>What is the amount you have now?
88.5k as of Friday.
>How long did this take you?
A year and a couple of months.

>>19973319
>ttm profits -1.2B
Think again

>>19973507
He's still right. Even if you like what you do, what happens if you get fired? Or if your workplace goes under? Or if the work environment becomes shit? You should be working before you like it, not because you have to.

>>19973464
Been putting in 10k a year for the last 3 years and 5k this year so far. Im down 10k on that because i was heavy on hotels, had some MLPs and blew 2k on a retarded frac sand play.

>>19973464
Started with $320 to see if I had the chops for it and am now at $504. Started last Monday. Hadn’t been to /biz/ since the crypto explosion, but glad I found these threads because I’m having a lot of fun investing with you guys. Going to pump more money in once I’m confident I know enough to make some good calls.

Why are we bullish again? Did the coronavirus go away while I was napping?

>>19973492
Normally, yes. But in the Nu-Market fundamentals literally do not matter. You buy now based on what you think the company's profits might be in 2022 and based on past experience.
We shitcoin now.

>>19973243
Every single stock is going to crash and burn. Hopefully it will look better by the election, but it looks bad right now. At a certain point, printing money doesn't work anymore.

>>19973522
Then I start responding to recruiters because I have work experience and marketable skills and many options.

>>19973501
America is crazy af bro no way will they force people to stay home for July4th its bread and circuses, everyones going to freak out if they stay at home order this week.

>>19973536
If Trump bankrupted us that would be strangely based tbqh like the cherry on his lifes work

>>19973552
How is going outside in the streets the same as vacationing?

>>19973551
What if every workplace is shit now and yours was the last one to shitify, or if your entire industry is firing people because of an industry-specific downturn?
You've clearly never been employed in the first place so you can't consider these things but come on bro.

>>19973464
$2750
$2530 (-220)
Two and a half months of incremental investment as I had the cash. I was up on everything but since the cash was trickling in FOMO'd pretty hard beginning of this month wanting to get everything in, and now I'm down slightly because the market fell back down and I overbought that big peak.
So I missed some growth opportunities and have to wait until winter to see significant green again, but it's okay. I've been partially selling and rebuying dips since learning my lesson so that will help me in next bull run.
>>19973552
>>19973566
You talk like a fag, and your shit's all retarded.

>>19973566
I admit he is a grifter, but that is what got him the presidency. He has been grifting for America for the last four years and it has been working. Coronavirus has given the Democrats ammo to slander him, but really Trump has done a fantastic job playing along. The problem is the entire world is about to see a massive recession. I'm still voting Trump, but I doubt the stock market will be up very much in November.

>>19973582
>You've clearly never been employed in the first place so you can't consider these things but come on bro.

Lol. You sound like some kid who would share screenshots of their four-figure RH account. Stop doing that. It’s embarrassing. Keep coping.

>>19973636
I accept your surrender.

>>19973646
Come back here and tell us when you make it. Black Lives Matter.

>>19973531
I only see a huge crab from here. 290, maybe 280 is my bottom if the gov has any interest in the market.

It wont go up, it wont go down, just an eternal crab.

CLSK has been trending upwards since March. They've had a string of positive press. The interest is gathering. Volume was up over average by over 500% on Friday. It closed nearly 20% up and then went stronger AH. HC Wainwright set an $18 PT. Google search trends are up. It's about to begin pumping very hard. RH and the rest of retail will be all over this soon.

Fair disclosure: I bought in on Friday at 2.35 a share. I think we'll make some good money on the pump alone but I also believe that it's an undervalued stock. They make microgrid equipment with an emphasis on software control to predict energy usage and source this energy as effectively and reliably as possible.

Microgrids allow places with larger energy footprints and off grid energy resources to trade with the main grid more profitably and CLSK products automate this process. For anyone with energy demands and alternative power sources or storage willing to buy this equipment it is free money they'd otherwise be throwing at the power company by buying energy inefficiently. CLSK holds patents allowing this equipment to operate automatically and in real time saving money and energy by using, storing, buying, and generating it more efficiently. This technology is green in more ways than one.

>>19973730
>It wont go up, it wont go down, just an eternal crab.

>>19973167

Oil Chads,

Where my XOM bros at?!?!?!?

>>19973464
Totals since my start in February are cost basis of 5,638.96 and a current balance of 5,108.69. I completely sat out buying during the recovery because I had no idea what was going on and didn't want to form bad habits (surprise, I've formed them now that we're at the top again). I did unload bags when there were good opportunities which is why that loss amount is no longer in the 4 digits.

>>19973797

when will the EV meme die

>>19973730
It will go back up. Rona death rate is still plummeting in spite of infections. About to be another great jobs report too. And don’t forget the money printer + stimulus checks round 2.

>>19973797
I’m thinking bout buying quite a bit on Monday as long as we get a morning dip. Is it too late bro’s?

2nd wave of Govt checks soon I hope.. I'd take another 2400 dollars without hesitation. Supposedly Trump's in favor of it and Congress is supposed to be kick starting the final round of free money handouts in July. The whole "debt" construct is fake anyway. Hell modern "money" ain't nothing but digital zeros/ones anymore. So tell that computer to create 5 trillion extra dollars and boom, there your "debt" problem is solved. Since you know money ain't backed by anything physical anymore aka Gold.

>>19973822
If they don't continue the unemployment package do you really think another round of checks will offset the damage?

>>19973845
All good news. More free money to bet on the ruin of this country.

>>19973820

Well , the USA has their hire and fire mentality.
Today they are fired, tomorrow they're hired back again plus those wagekeks can benefit of trumpbucks. No loss but thinning out excessive expenses in the company.
Still comfy with XOM desu, half of my folio is Oil.
Diamond hands boi

>>19973536
>At a certain point, printing money doesn't work anymore.

That point is now, the banks are literally topped up in minted brand new dollar bills that no one is using and they'll be stuck there for the foreseeable future, no one is taking loans, no one is buying or selling.

Inflating currency only works for shit already bought not for future trades

pee pee poo poo

>>19973883

>>19973874
It won’t offset shit but it will give everyone a little shot of optimism. But mostly I’m banking on a winning jobs report again.

>>19973821
Don't be daft, the fight is over. EV is the norm. Even ford is buckling to pressure from consumers and is making an electric f150

>>19973888
People are buying like crazy. The dam of COVID savings is about to burst. My local outlet mall is currently OVERRUN by nogs with two bags in each hand.

>>19973536

Spotted the poorfag, im still feeling comfy desu and my 600$ divvies are coming in september like they used to do in this month.
Meme flu is over , Masks will prevent further spreading.
Also im DCA so i dont give any fuck about prices.

>>19973900
We just had a jobs report and it was slightly worse than last time.

>>19973821
When governments stop virtue signalling by subsidizing and encouraging them via regulations.

>>19973827
You're too late for the short term oil play and if you buy now you're too early. The energy sector bet is a 1-2 year one and there's no reason to think that it's going to steadily recover without problem. There will be more dips if demand remains as low as it is now.

>>19973883
Excess expenses are precisely the things that are NOT being trimmed because it's tied up in either diversity or nepotism.
Companies are cutting wages of people they accept back while telling them to work remote as well. As you might guess, that doesn't exact affect laqueefa dash-johnson-queerson, nor does it affect the CEO.

>>19973909

Imagine forgetting to charge your car over the night and hurry the fk to the gas station and charge your car for half an hour (plus you are getting late to work) , cant wait for the discounted used EV market and 60% discounts

>>19973820
>>19973896

So is XOM fucked?

>>19973725

he rekt you pretty bad so you had to resort to THAT ?

>>19973756
Another anon mentioned that their tech is quite old. Do you think that doesnt matter considering the PnD markets were in?

>SNSS

>>19973959
Who the fuck knows? Maybe Jerome will buy it all up. He’s surprised me before, that stupid motherfucker.

>>19973981
pee pee poo poo

What's about to happen to oil?

Bulls say July 4th always pumps oil hugely, and we're leading into it this week.

Bears say Exxon had layoffs and corona fears are resurfacing.

>>19973205
WYNN, MGM, CHDN

>>19974009
Well, this is a completely different scenario than other years dude

No one can predict because if COVID 2.0 happens oil crashes. Even the fear of a possible covid 2.0 = crash

>>19973916
Customer spending is a drop in the ocean when it comes to economic means, oil companies borrow insane amounts just to keep operations running, the housing bubble is about to fucking burst go take a stroll around your town a count the for sale signs you'll get a panic attack I was in Clark county Nevada also called the epicenter of the housing debacle in 07-08, I remember all the signs before the economy took a huge fucking shit and for what I am seeing, 08 las Vegas looks like fucking fairy tales in comparison.

I spotted 3 brand new houses for sell just this morning around my hood, this whole spending is literally yolo shit and people finally going back out.
Jobs are being lost by the millions a day, the correction is coming.

I was in denial bull mode but shit is about to hit the fan, the economy is about to shit again.

In the mean time how do I profit from all this niggers buying shit?
Do I long air Jordan's or some shit

>>19973959

Not at all.
Bears are just trying to shake out deez hands.

XOM already reduced investing in Shale oil.

This is year is going to be bad but the next coming years XOM is a very well bet on the future of broad economy in terms of Oil Ask.
At some point we will get rid of the chinese flu and get back to business as usual.
In the meantime BLM niggers are geting deleted during protests getting the flu.
At some point Oil production will be so low that they cant keep up with the demand, because every oil company is stopping investments in new oil sources.
So the oil price will unironically hit 100$+ the next bull cycle.

>>19973215
why would Merck offer 30x the market price for KTOV. 5-10 dollars not without the realm of reason but 30x? fuck thats a pipe dream

>>19973909
the more EVs, the cheaper gas becomes, the more I'm gonna stick to gas.

>>19973959
Long term, it'll be fine. In for short term turbulence, possible divy cut looking at the payout ratio

>>19973984
If you read the more recent comment chain between him and myself you'll see that he didn't research the tech and was unaware of the automated real time nature of the technology to make decisions regarding usage. I don't want to cast aspersions but I wonder about his understanding of microgrids as a concept. I'm sure he's quite knowledgeable of more traditional energy business though. I should probably blame myself for not representing the technology correctly in the beginning, which I think led to the misunderstanding. The post I wrote above is in the hopes of portraying the situation more accurately.

>>19973954
The slow charging thing is an issue that will be solved in 2-3 years imo. It's already kind of a non-issue, it will be a complete non-issue soon.

Is there a reason why BABA so popular on Robinmeme?

>all in Goodyear tire at $8.00 per share

>instead of reinvesting over time throw hundreds of nails onto the interstate from the bridge each month for less than $8.00

How viable is this?

>>19973909
Ev are such a fucking meme, the only reason at all ev's were a thing is because everybody was living in a comfy economy as long as Jerome the cuck made the printer go brrrrrr.

Who the fuck is going to throw 200k at an exotic car that for all intent and purposes are still pretty much experimental when gas is cheap as fuck hybrids are reaching 60 miles a gallon.

Putting a lithium battery on a car is a great idea, running on nothing but lithium is so fucking stupid

>>19974060
There are those like yourself, sure. But the trend is clear.

You guys held your horses right?
(wish i bought more)
https://www.youtube.com/watch?v=NtXjVT2Wvbo

How do I short US crude oil ?

>>19974094
Don't do it yourself, pay a homeless guy to do it for you.

>>19974100
It’s not 200k, more like 50k-60k. Which is just a Mercedes. But yeah how many people would buy Mercedes during a depression?

>>19973205
MO

>>19974080

Yeah it is but imagine charging a car with like 2 to 10 Kilovolt in order to get it loaded in under a minute or so and the energy demand those cars will produce.

>>19973167
>Genocides 20% of your stock portfolio in just 6 days
All my 2020 gains are gone and then some. This must be the famed German efficiency.

SOXL chads, what is your buy in price?

>>19974154
Tbf. Shit happens.
These rumors were always there, but nobody expected the whole company to not exist.

Still
>Investing in German stocks
Lmao

>>19974111
Literally who, shilling to a nitch market, 2.4k views

You fucking tesla cucks are such fucking homosexuals, you're worst than the star wars soi boys

I want to sell covered calls on boomer stocks that are crash resistant, KO WMRT, things like that. It'd be great if i could do that on divvy heavy things. Any suggestions?

>>19974179
nice pit

>>19974100
If you do a bit of research you'll see that there are EV's priced at 50K and under, with the price going down every year as tech develops. Have a look at this video, the man explains it quite well if you have some time on this pleasant Saturday: https://www.youtube.com/watch?v=y916mxoio0E&t=1108s

I'd rather argue stuff like hydrogen is more of a meme right now with how much effort and money still needs to be put into developing it, which is why I wouldn't buy NKLA stock, whatever they want to do with their trucks won't be viable for at least 10 years unless the gas market implodes completely.

But seeing how far EV's have come, I think it'll work out. Btw the Lordstown Endurance costs 54K

>>19974179
“Shit happens”. Are we as a society this desensitized to white men fucking over small people that we can somehow emotionally justify blaming the victim for this? If they had financial regulations worth a shit this wouldn’t have happened.

Kek, so EV is taking off. Ok all well and good. But it still requires electric to charge them. Electric still comes from power plants that burns coal mostly. So all your really doing is switching from one fossil fuel (oil) to another (coal).

>>19974187
just buy KNG or SPXX
or buy SPLV components and write calls on those
or use the screener in the OP link to screen for stocks with whatever dividend and price movement parameters you want.
get some practice with the tradingview screener, it is genuinely a good tool

>>19974149
So what you're saying is long energy production companies?

>>19974219
Presumably, solar, nuclear, fusion will take over.

>>19968506
>I was watching some vids from this guy George Gammon who really seems to know a lot and he seems to think a more likely scenario is them losing control of the bond market rather than currencies, you have any thoughts on that?
I don’t know how that would happen or what that would mean. Maybe I should check him out?

Everyone’s got predictions on how this ends terribly because it’s never been done before. But a country thats debt is denominated in the currency it issues can have pretty good control over its debt and inflation.

>>19968505
>Mmmm, but these guys need inflation to get out of control due to their liabilities as well. The debts need to be serviced and everyone is choking on over competitive dollars (too much credit expansion).
Maybe they do need inflation, but do they really need it to get out of control to the point where the rape hikes become absolutely necessary? Once these companies are able to return to profitability, couldn't they refinance, as the market (and banks?) would be much more willing to loan money to companies after they are profitable and even growing again?
Some may not be able to, and that is when the creative destruction of defaults could occur, erasing the “moral hazard” that some have been complaining about?

>>19973205
Actually hot enough to make that Geass spin-off worth watching.

>>19970263
>best abs loves her pops
Best girl?

>>19974219
If nothing else it'll continue to grow just cause people want less pollution in cities, despite the fact that you'll need more powerplants. Also the power plants could be nuclear, or based on renewable sources (less likely, but could work in some countries if you can do hydroelectric or use tides or some shit)

>>19974009

Gas portion is like 46% , i could imagine gas demand rising due to holiday season and re opening, the jet fuel is pretty muched bogged.
Diesel will go nowhere but is gonna rise because homemade products will take overhand because production is coming back home Deglobalization baby.

good job chinks

>>19974199
No one gives a fuck except for a very small amount of nerds, the economy is driven by Joe nobody with 2 jobs and rent over due not by some self fart smelling faggot with 3 houses and 2 tslas.

Given the option I can guarantee you 7 out of 10 will take a Toyota Prius for 20k than one of those meme cars for 40k, electric cars are not the future, they never were and never will.

I'll still pump and dump their stock tho, they're great for that

>>19974199
>Buying yourself a death cage.
Fucking EVs are the most flawed vehicles out there.

How’s this Wirecard thing affecting European stocks in general? Did they get fucked? Did they turn on the Euro printer yet?

Biz bros, how much do you feel like you would need to have in your bank account to have officially made it?

>>19974070
Thanks Anon! They're being added to my watchlist right now. I appreciate your thoughtfulness.

>>19974323
you should never have more than 250k in a single normal bank account because of "the rules"

>>19974323
just enough to never have to work
~5M

>>19974295

based and redpilled.
Also shout outs to Joe "Nobody" hard work

>>19974323
100k base

You can do so many moves with a hundred thousand in your bank account and is right around the margin where the sluty bank teller starts to flirt with you

>>19974295
I agree that you won't sell EV's to Joe Shmoe because they're cool or 'green' or 'environmentally friendly'. But if the price continues to trend downwards, you might well sell Joe on the fact that charging the car will cost less than gas and with less fluctuation in price (and without OPEC-style cartels I might add). You might also sell Joe on the idea that he wont have to service the car as much, and that it potentially has more mileage in it than a gas car. And then it's just a matter of packaging it in a body that Joe likes, like a pickup truck. Once the tech is there, marketing should be easy.

>>19974323

For me quarter divvies in worth amount of 5k$

>>19974295
There are states where tesla out sells the Honda civic

>>19974323
Long as I've got enough to cover my expenses plus a bit more for "shit happens" deals when I retire then I'm good.

>>19974320


Euro printer here is pretty much on since 2011/12ish man.
Without BRRRRR italy and several other southern gibsmedats countries would be bankrupt ever since those dates.

uh oh stinky, clean up needed on aisle S&P 500.

>>19974320
Euro printer was on already, but Wirecard doesn't seem to have done much. The DAX actually had some up days, and the UK FTSE closed in the green on friday, just about.

>>19974323
It's not about cash in the bank, it's about cash flow. 2k/month and I'll never have to care where I work, or if I have to work. It's not luxury but the bottom is covered, anything more is gravy.

>>19974219
everyone assumes EVs get charged at solar charging stations, some do but most are charged at home via the conventional grid. daily reminder solarcity was insolvent and had to get rescued by musk/tesla.

>>19974415
You guys notice any inflation over there? The EUR is relatively steady against the USD.

>>19974187
Just do it on SPY. Should be more profitable desu.
Or use some divvy ETF
>>19974217
Our gouvernment banned CFD, Futures and Options trading starting 2021. They did not ban warrants (bank sponsored options) because "options are always exercised but warrants arent". The minister of finance said that he puts his money on his checking account and people dont need interest on their money.
This all was done to ban private people from HF-trading and because "the money they lose investing is taken away from the country".

The same country that wants a 0,2% tariff on buying German stocks, but not foreign ones. Because making investing in Germany harder will improve the economy and punish those gamblers in America or whatever.

Investing here is the last thing I would ever consider. At least China tries to fuck you over for their own good, not to make everyone miserable.

Do not invest in Germany. Just do not.

>>19974442
In Canada charging stations are owned by petro canada, owned by oil and gas producer suncor

Reminder to take the performance survey:

>>19973464
>>19973464
>>19973464
>>19973464
>>19973464

The winners of today seem obvious, but put yourself back 20 years. The obvious winners were Yahoo, Nokia and so on. How do I buy & hold successfully when the corporate world can change so fast?

>"Just sell if there are problems."
This only works in hindsight. In the actual moment those problems appear as dip buying opportunities to you.

>"That's why you diversify."
I don't know if I'm comfortable writing off a position. After you bought several dips for maybe years I would be looking at thousands of lost dollars.

>>19974295
Most manufacturing plants in U.S have been selling off their gas powered fork-trucks/heavy equipment in place of electric ones, steadily for nearly a decade now. The trend is obvious

>>19974488
I did fag and you didn’t even give me advice and it triggered my autism

>>19974415
Italy is a net contributor anon

>>19974488
Simple: astrology charts and/or tarot.

But really, no way to know, I believe the people who got rich by buying 100 shares of apple in 1995 are just lucky, there's no way to know what'll catch on

>>19974228
Thanks, ill start digging into that screener!

>>19974330
Of course. I'm glad to have people to share this stuff with.

>>19974468
>no options
God I hate Germany, basically everything that country does sets a bad example for the rest of the world

>>19973464
$748 starting balance.
$1220 now.
4 months.

I NEED MORE GAINS THIS IS SHIT I'M SUCH A GAINLET

I LET STUFF GO TOO EARLY

>>19974379
Pie in the sky

>>19974381
>my anecdotal evidence proves it

No

>>19974491
Again, experimental, I doubt even many companies will replace their fleets with lithium powered meme cars and I doubt the oil barons will allow it even if it was possible

>>19974459

Yeah.
Let me explain it to you in Burger visualisation bro,

Nowadays a regular BigMac Menu costs around 9$ here.
The fries are in portionwise like the US kids portion and the coke is 500ml (16,9 oz).

2010 it was around 5$ here.

This example is basically for every example out here.
Also real estate is doing like 20%+ growing a year where i live.

But the avg. Hans here in germany doesnt give a fuck as long as he can eat his pork steak for 2€ and gets his bear bottle for 1€. Thats the prolem.

>>19974578
Literally short everything tomorrow, the play is fucking obvious

>>19974585
hey, a pork steak and a cold bear for $3 doesn't sound so bad

>>19974597
>tomorrow

Kek, I make shit. My monthly expenses are around $1700. House payment sucks up $400 of that. Which is my only debt. So once I pay off the house my expenses drop to 1300 a month. But to account for inflation lets assume cost of everything doubles so I'd need 2600 a month then by retirement time. Easy to do.

>>19974597
I ran out of money to short and I can only do shitty ETFs.

Why do stocks have the most intense reactions to events versus assets like real estate? Real Estate investors just sit on their shit, but stocks panic crashed down 30%+.

Is it the impact of algorithms, day traders, etc and the liquidity? I understand the March sell off but it obviously went too far. But if investors are really looking long-term why did stocks crash so hard?

Is the emotion aspect of stocks just that much higher still and why are algo traders not dominating? Ren technologies for instance lost 20% this year as of june

>>19974633
That or does the floating shares, the percent of total traded, not actually reflect real price that much as the majority do not buy/sell except on yearly time scales?

>>19974584
>statistic
>anacdotal

>>19974614
Don’t fuck with it. Just sit on cash and wait for things to happen.

>>19973229
but jpow is predictable now

>>19974540
Swede here. I had to jump through a bunch of hoops for options, but at least it's possible. Didn't expect countries to be more cuck'd than us. Trading is expensive, though.

>>19974633
>Why do physical asset investors not panic sell?
Anon...it may have something to do with requiring a physical sale.

>>19974540
>>19974670
Im either moving over to Austria or register in CZ or Bulgaria/Malta/Romania. At least the EU makes it really easy hehe

The law for the ban is against the constitution btw.
But its only allowed to sue once you actually get the tax form and have to pay. So we dont even really know if we can trade or not and I wont take the risk.

And the law itself was supposed to be against being able to claim "total losses" as deductible, so if something goes to 0. But they missed adding the "total" in the law itself.
So now losses are banned. You can not deduce losses from your tax. Its a defacto ban on private investing.


>>19974578
>+70%
>4 months
>Gainlet

>>19974167
$100 avg

>>19974468

Hans here,

I hate paying Olaf Scholz Alimente and i hate paying taxes for this stupid country.
Taxes everywhere bros,
Wage comes in and the government takes 30% pretax.
pay like 0.89€ per liter of gas tax.
pay like 16% tax on food
pay like taxes for car

At the end of the a litt bit less than half of post tax wage goes to ahmed and tyrone or white trash plebs so they can stay at home. (the gov pays their condo rent and longterm unemployed keks get around 400€ play money per month)
per kid you get around 170€ , with 3 kids starting you get 190ish €...

I hate this country so much , merkel fucked us twice.
Letting in niggers and ahmeds and literally doing no investments in the infrastructure of this country.
Gonn leave this shithole country when i make it.
In the meantime i get my Tax money back thru dividends from german real estate operators who also gives condos to government gibsmedats poorfags...

>>19974670
It's bothersome they restrict one of the few ways to escape wage-slavery under the guise of protectionist legislation

>bought FUSN at 18.10
>Bought ZOM at 0.2624

What color 2002 Mercury Grand Marquis should I trade my car for, lads?

>>19974678
Yeah but if the maj of stocks are in super rich people and institution investors, why the fuck did they sell on March 20-23?

>>19974468
lol That's pathetic.

>>19974707
I live in Passau so I can just move to Czechia or Austria and not give a fuck desu. so at least Im not getting fucked THAT hard. Just need a new flat.

>>19974693
Those gains aren't really legit. It was mostly currency shifts. I had a decent MRNA buy a while ago but I let go too early at 40%. Same thing with INO which I sold at like 40 cents profit.

I make good bets but I don't hold onto them since I second guess myself.

>>19973464
i put in 1000
i have 1032 dollars in total investmens 469 in withdraw-able cash
took me 3 weeks
im a gainlet

>>19974738
Why not retire to a cheap ass country where you can live off 20k USD a year well off?

>>19974693
Aww man
I wanna live with sexy Romanian and Swedish babes. Visiting Sweden and going to a music festival in the north is one of the few things I did right in my younger days.

>>19974707
>niggers
No, you don’t get to use that word. That’s OUR word. Those are just Africans. They’re not basketball-Americans.

>>19974724
To rebuy the dip. Simple math. You don't know how low it'll go, you only know that it'll go lower.

what anime or manga is op from?

>>19973464
3 units
32 units now, height of 43 units
under 24 months

not giving exact dollar fig

>>19974468
>Do not invest in Germany. Just do not.

Couldnt have said it better myself.
Since the economy here in germany is selling their ass to china i highly recommend not investing here.
Social disorder will take place soon or later, in a decade first sandniggerdick lives matter protest gonna start plus the automatisation is coming in huge steps

>>19974751
So playing musical chairs at an already record dropped amount?

EVFM - another promising company with an FDA approved money maker kept knocked down into the shat. This is what happens when you reject Big Pharma's buyout offer. How else do you explain the shoddy stock price after an FDA victory? After all the product can now be used to rake in money out the ass for the company. But it sure don't look it to me.

>>19974747
When I get a million

>>19974774
Rich doesn't mean smart. These are the same people telling you to not catch falling knives, diversify and sell while they buy the falling knife all in.

>>19974724
The same reason we all did, to secure profits in case something comes up

The market right now is hilariously fucked up. Everyone hates the fucking market. The public has gone insane. Witch hunts are taking out trillion dollar company prices. kek

Yet, the winning move is to just go long and literally brainfuck yourself on the reasoning because the actual end event will be asset inflation out the ass and the retarded hated stock market wins from this whole thing.

>>19974752
Looks like Fallout fan art
Look the pip boy

>>19974693
Kaguya's such a cutie.

>>19974797
million is way overboard. some of these countries have only thousands of usd millionaires. Plus you can let your account compound to a million while there.

Unless your reg income is too high to give up.

>>19974809
I'm holding only 2 companies, AMD and MRNA.

I wanted to get rid of AMD a long time ago but it refused to go above 60. I'm holding MRNA at 60 now and if this virus shit keeps going I'm going to ride this baby to 80 and beyond.

>>19974800
>>19974807
I shorted in late feb and went long march 14 or so.. I bought calls in March 23..

It was all routine trading and totally expected.. what the fuck are wrong with big money dudes.

>>19974809

Commodity will be nearly uneffected in the inflational era of this fiat cycle.
Also low oil prices will be a huge boost for economy.

>>19974738
Swedish women are garbage tier. Enjoy your std ridden roasties and manjaws.

>>19974831
Well, I'm just playing a lame boring ass trade. I expect assets to inflate Q4/Q1 2021 because of a lot of reasons. Mostly the huge nominal debt increases worldwide and this requiring inflation worldwide to "pay off".

It's a stupid ass low IQ 2 sentence idea. Assets will eventually inflate and nominal currencies worldwide will depreciate.

I don't even have an optimistic view of the virus except that it fucks up small business so these big boys get a larger market share of world economy.

>>19974856
Oops.
>>19974750

>>19974776
T-cuck, how have you still not figured out the “buy the rumor, sell the news” meta?

>>19974670
Can you tell me about the current sentiment in Sweden regarding the virus? Are citizens taking it seriously because the government did not? Do people keep more than 1 meter of “social distance” or wear masks? Are people still going to dance clubs and such?

I just put all my money into VTI lmao

>>19974827
I know I know. Ive been to 50 countries and 200$ a month will let you live like a king in Tehran or Jaipur.
Its just a personal goal. I still enjoy my life here enough to spend it here. In 5 years or so Im gonna disappear
>>19974856
O-Ok

>>19974845
I dunno. I'm no longer trying to 10x up..

so I'm taking a boring trade of going long for 2021+ and just waiting for the positive news in Q3+ to happen.

I actually hate the market right now like everyone bearish. I just don't think I would be able to time when we hit 3200 s&p for real vs a rug pull so I'm just sitting long with no options and taking any hits/pumps till Sept when things calm down.

I also don't think Dems will fuck the stock market, even if people scared of that too... So 2021+ timing trades seem like good ROI. AKA just boring ass tech ETFs

>>19974085
because only idiots invest in chinks

>>19974902
Have a recommended country with cheap cost of living?

>>19973632
Whatever makes the lefties lose desu

>>19974923
Mine is ok. Why am i browsing smg at the table? Cause im with a bunch of boring fucks from work.

>>19974869
Oh yeah they’re not ALL beautiful, but there’s a lot of long legs, blue eyes, slender physiques, blonds hair, etc.
I like fair-skinned women.

Pic unrelated, these are Finns, not Swedes.

>>19974873
>Are citizens taking it seriously because the government did not?
No, the average person never did. Middle aged to old people may keep their distance, but noone uses a mask, even though we have the second highest death rate per capita in the world.
>dance clubs
I haven't checked, since I'm no normie, but I'd be surprised if their not open. When I go on my daily bike rides, the cafes and restaurants are packed, with absolutely no regard to Corona-chan. She'll make them pay, really.

>>19974873
Is that even the current meta?

Right now the meta seems to be fuck over momentum traders fomoing and panicking.

>>19974966
Eastern Europe or SEA seems the best places. Probably more bullish on the future of SEA than EU though.

>>19974923
Depends on your favourite climate and culture. Georgia is nice. Romania. Greece. Albania maybe as a cheaper Greece.
Who knows? Maybe you really like India.

>>19974972
Sure, but they're among the most promiscuous girls in the world. Maybe even in the lead. That kills all appeal for me.

>>19974873
kek, Oh I know. I didn't have any skin in the game so I found the whole thing funny. I saw the before, the run up, and the fall. Those poor bastards who're holding a lost cause.

I was super fucked up after wisdom tooth surgery friday and bought 100 shares of xom at $44 how screwed am i?? Didnt even realize i bought it till a few minutes ago. Oil seems fucked short term

>>19974992
If only city properties weren't so overpriced id be in heaven.

>>19974975
That’s crazy... Hasn’t everyone already known someone who died from the virus? They still don’t take it seriously? Aren’t they pissed at the government?

>>19974976
It’s the meta for biotechs

>>19975013
Are you a virgin or something? Just trust people to be what they are, animals. Wear a rubber and be on the hunt for the rare woman worth gambling on.

>>19975038
Just hold on to them

>>19975038
43-44 is actually a fine price but I expect short term dip. You might as well double down and average.

>>19974903

yea im with you on that opinion anon,

2021 Q3 is where most corps gonna make profits again

>>19973821
Hydrogen/EV cars are the future. Hydrogen tech still needs development.

>>19975064
>averaging down
OOOOOOF

Anyone in this thread actually make money day trading or is everyone just roleplaying?

It's interesting though. Treatment has gotten a lot better supposedly, up to 10x in some cases. I wonder if that combined with lower age cases will matter at all for how July goes.

Antibody treatments are set for August, hundreds of thousands of doses. Regeneron set their entire production into their cocktail and will have hundreds of thousands by Aug. Plus whatever eli lilly hits.

I really wonder how a "cure" will go down. Should have a good number of doses for those symptomatic. Will that create a "reopen" scenario combined with more spreaders having gotten it by then?

I think June/July are going to peak volatility and we at least have a calming down in August from those treatments.

>>19975089
I lose money day trading does that count?

>>19975089
I think "day trading" isn't the right attitude. Why restrict yourself to one time frame to make money?

I've definitely traded with time frames of 1-2 days but not a day trader.

>>19975090
nice set-up for a cytokine storm disaster

>>19975044
>Wear a rubber and be on the hunt for the rare woman worth gambling on.
lol Whores don't make good partners, whether they're male of female.

>>19975089
I don't nearly have enough money to daytrade properly. My broker fee is fucking $10.

>>19975112
plasma antibodies have been in use for a while now and there are 4 clinical on monoclonal treatments.. one in phase 2.

>>19975089
Doubt many here are truly day traders. More like opportunistic swing traders or options traders.

>>19975121
Jeezus. Why not switch to Interactive or something?

There is also a very clear effort underway to distract people from antibody treatments especially retail investors. I don't really get it though.

Reminds me of when they said to not wear masks. Some nefarious powers at work on antibody treatments

>>19975089
I have a good track record for day trading and swing trading for years. However, my long term holdings always fuck me in the end making it all worthless

>>19975090
I work in healthcare. The reason outcomes have improved is Vitamin C. 1000-2000mg a day is being prescribed to patients. IV form if ventilated. It really is a wonder drug, and I bet it has preventative qualities. All the new drugs don't hold up compared to the results from ascorbic acid. You won't hear about this though. There's no money in it.

>>19975157
How can you fuck up the easiest part?

>>19975170
Vitamin c is more helpful than dexamethasone?

>>19975192
Yes

>>19975170
Don't get me wrong, but isn't V-C water soluable and is excreted not to soon after excess

>>19975170
Yes, I've read the studies on exercise and vit D3 being as effective or more than psych drugs for depression too.

It's not just the drugmakers though, people want a "drug".

>>19975121
>$10
Jesus
Switch ffs

>>19975211
The dose is 500mg 4 times a day. It doesn't matter if excess is excreted as long as the serum levels are maximal for as long as possible.

>>19975121
TD I'm guessing? At least you have the research platform, and your broker isn't front running your trades or selling the Dara for others to

>>19975182
the stocks I bought for long holds were good at the time then one day, became bad stocks. KHC, BP ect

>>19973725
> haha only old people die from meme flu
> a black man died, idgaf if I’ll spread the virus to old people imma riot
If old lives don’t matter, black lives don’t matter.

Thanks to our virus friend I'm expecting a nice fat payday in due time once things rebound. 47-48% of my portfolio is in DAL. DIS makes up almost 15%. T is almost 10%. Remaining percentage is split among 2 funds and 11 stocks including MRO,HAL,RTX and WFC.

this is the visual representation of the /smg/

>>19975325

>>19975325
based

>>19975325
those are men

>>19975298
No XOM? DAL might take a while.

>>19975298
DIS is a great long term hold, looking for sub 100 to improve my cost basis and fill out my position. Only have a couple k

>>19975346
This. Girls are fucking obsessed with disney

>>19975298
That sounds like a great recovery portfolio. How long do you plan on holding?

>>19974698
Pretty optimistic/pessimistic. I'll throw 25% of my cash at it at 150, another 25% ~130 and if it falls below 100 i'm gonna go all in

>>19975089
I'm still down 50k ytd with 270k remaining.
I fucked up such retarded things. I had 1000% gains on options 4 times in a row, but didn't sell and they became worthless next day or two.
Somehow I didn't react on WTI / Brent oil after it going negative. Even with a 5x leverage on contracts, you would be up 4000% since it went negative.
Don't know what to do now to break even, seems like all opportunities are gone

>>19975357
I meant when I bought in not when I'd buy it. Now you can buy it higher than $100 safely depending on vix. If vix was in low 20s and things looked good you can just buy into SOXL regardless and hold 5 years+

Though I don't believe in 100%, I like it as a position though.

>>19975352
>girls
>SW soifans
>sports
>your girlfriends husband
>your children
>your children's children
The mouse owns everything

>>19975376
Well im waiting on HUYA to dip to 14-15 on the new Chinese censorship guidance and rebuying. Whoever bought my weeklies 2 weeks ago made a 10x and im happy for him, i took my 20%.

>>19974111
I bought in at 10.18 how badly did I fuck up?

>>19974219
>Electric still comes from power plants that burns coal mostly
Coal stopped being the most common source of electricity generation in America a few years ago.

>>19975298

Half of my portfolio is in oil , i picked 2 companies.
One is RDSB and XOM.
Total oil percentage 50% of folio
Total spent money on both 31k$

Planing to hold forever.
Paycheck quarterly around 610$ish

>>19975376
I'm saving cash. The market has sent the bear signal, and I might jump in for little pumps. Just trading indexes.

>>19974094
>invest into Dunkin Donuts
>sneak inside at night and eat all the donuts

Petty crime meets white-collar crime, as I create infinite demand.

Fellow Eurofags, what online broker do you use ?

And, if there are any fellow Estonians here, what do you use ? LHV is jew as fuck, 12 euros per transaction.

>>19975398
Yeah it's ridiculous netflix is worth more given the incredible brand value of disney.

>>19975505
Interactive brokers and a local guy i call on the phone because he has all the east euro stock exchanges. He charges me 9$ a trade but i rarely use him so i dont mind too much.

>>19975505

In germany we have discounter broker.
Volumes starting at 500€ you pay 0 fees over Gettex trading place.
Other one called lang&schwarz(translated long and black in english btw kek) you pay 1€ fee for 500€ volume.

I mostly buy growth stonks and possible tenbaggers plus future stonks like nvidia.
My dividend income portfolio is located in an other broker desk.

>>19975505
>Estonia
ooo what an intriguing-sounding place
are there any companies based in Estonia that have stocks?
how is the Estonian economy doing?

>>19975582
not him. Estonia is like 1.3 million people.

>write down all the stocks shilled here on /biz/
>make minimal research
>profit
How do I explain to my parents that my investing advice comes from a bunch of lolicons on a Taiwanese basket weaving forum?

>>19974698
>180 avg
Well I blew it. Probably should realize these losses as the turbulence looks likely to get worse.

>>19975440
Yikes

>>19975617
>my investing advice comes from a bunch of lolicons on a Taiwanese basket weaving forum?
You think hedgies and algos do it any differently? Literally just trend finding robots.

>>19973215
>
its not gonna go to $1.10 lmaoo

most likely gonna gap up to high $1 at the very least by opening on monday

>>19975621
well, vix is pretty damn high. I don't think we have more turbulence over early june with the huge fomo runups and rug pulls.

I can definitely see turbulence for 2-3 weeks more but I think we generally should calm down. Especially if stimulus moves forward.

>>19974585
> big mac & coke, $9
> steak & beer, $3
??

>Some people bought in at 320
Really makes you think

>>19975505
Tastyworks
IBRK is ok too
>>19975579
Any broker not denoted in USD is a joke desu

>>19975638
I thought the big secret hedge funds do insider

>>19973534
>being stupid
Right now the only variable worth considering is if the herd is going to buy or dump something

>>19973783
Covered calls bro

Does anybody else do this?!

>let cummies ferment inside your foreskin
>hour after hour run your fingers along the pocket crevice to pick up the smegma
>immediately deeply inhale the scent like savoring a fine wine?

This is normal right?

>>19975778

>>19975582
Got stocks, a handful. LHV itself has been growing quite well. 11.5 % this year, 30% from the corona dip.

https://nasdaqbaltic.com/

Most companies stay private, so if you want to invest, you gotta hit them up. A lot of mom and pop businesses as well.

Economy aint that bad, no major shutdown happened, just 2 people 2 meter rule set. Since there are a lot of small companies, most just shut down by themselves or offered takeout instead. Rest just kept on keeping on.

>>19975778

>>19975579
Is it like part of a bank, or a standalone broker ?

>>19975778
And just like that I am now in favor of circumcision

>>19975778

>>19975778

>>19974975
Swedes are not wearing masks because you have no masks.

t. sending masks to my Swedish family, as do all the other expat Swedes I know.

>>19975778

Alright, time to unpack the results from the /biz/ performance survey. Most of the replies are from people new to the game with a small account size which makes sense with the increased popularity of stocks in the last few months but the lack of successful long term traders should be incredibly concerning to everyone here. It shows that people with 5,000% returns from short dated options are unable to hold onto it and not one of the responses beat the return of someone who doesn't use them. It seems the average person here won't be able to beat a leveraged index ETF and may not even be able to beat the market at all. The results also indicate that nearly everyone with a 100k account didn't get it through trading but they just have high income and keep contributing to their account.

Take this as a lesson, stop fucking around, never sell short, always take profit, and your number one goal should be persevering your capital so you're still around to catch other opportunities.

it's a sign of things to come

>>19975325
Must be a wkhs, steering wheel is on the wrong side.

So I'm thinking about actually opening a margin account, can someone explain to me how this works? Like it says 50%, but does that mean all of my trades I do are now 50% not my own money whether I want them to be or not? Does the margin account exist separate to the cash account, and if so do I have to fund it to half from the cash account or can I operate fully on margin from it with my cash account investments as the security?

>>19975778

I knew that i wasnt the only one doing it

>>19973896
they'll just roll that debt out with new debt and push out the due date

>>19975933
But anon I'm a new broke retail investor and I'm holding long term stuff, I'm just down a bit right now from buying higher than current. Nearly everything I have is 1 to 2 year holds.
Unless Sasol never makes it back up to even 9, I'm in the gravy. I'm not really trying to time the market.

>>19975933
Yeah im well aware of my retarded choices.

>>19975933
People with higher accounts are more reluctant to reply usually.

Anyone here work in the oil/gas industry? I'm trying to figure out when it'll start to recover. Demand should shoot up for winter especially if we get over all the covid lockdown mania (we need heating fuels, gasoline, diesel, jet fuel, asphalt, etc), but obviously we have a lot of reserve oil too. Anyone with any insight?

>>19975952
When you have 10k and buy something for 11k you have 10k in cash spent and 1k is used as margin. You have to pay interest only on that 1k and your cash balance is 0.
When you buy something for 13k 3k of that are margin and your cash balance is again 0.

>>19975939
If any zoos, either local or in neighboring countries, have space that is usually the best way to go for bears who become too willing to enter human frequented areas, raid camp sites, attack people.

>>19974740
Anon, there's no need to push yourself so hard. Just keep making steady gains, and eventually you'll stumble upon bottled lightning. I believe in you.

>>19975717
>I thought the big secret hedge funds do insider
I don’t think they even need insider.

I think the big secret is that they have access to creative and expensive ways of obtaining information that most of us would never even think of. You know how corporations and governments hire white hat hackers to test their systems? These people have the money to outbid them, and they don’t need to rely only on white hats.

I think they have ways of getting cellphone records, electronic communications, video feeds, gps tracking etc. They probably have cameras and mics set up to read lips from afar, or pick up audio from a great distance. They can monitor movements of key players by tracking their phones or see who’s talking to who before mergers and acquisitions are made public. They hack audio feeds to find out central bank policy, earnings results, trade policy decisions, all sorts of things.

We know there’s all sorts of government and corporate espionage, but no one ever talks about it in the financial world.

See pic for a recent example.

>>19975660
I’m not sure about the headwinds to semis in an isolationist world. Trade is going to be more contentious between the Us and China no matter who wins in November. I need to find out who in China and the rest of the world ISNT going to be harmed by this, and who might even benefit.

US business that supply the chinese with semis and foundry equipment could get really fucked, and vice-versa. I posted some DD about this recently but no one really cared. And I don’t know enough to figure out who’s really going to win or lose, but the indexes (SOXX and SOXL) may not be the way to play it.

>>19976079
I was thinking "new normal" by Q1 2021 but now I don't know, maybe Q3?
Really though, as long as it's before say 2028 it's pretty much a guaranteed way to at least preserve the present day value of my cash in the face of retarded inflationary measures by the fed, for the low low price of inferior liquidity.
>>19976085
Okay, so it's all still grouped under one account, just doubles your investment potential in exchange for interest? So if I'm all in stocks, I can then buy that amount of stocks again on margin using all margin funds, but if they tank I'll get called and have to sell them and a few of my cash stocks to make up the difference to the investor?
I'm thinking about opening a margin account but only using the margin to buy the deepest dips if it continues to tank after I've already conservatively bought into dips early with my own cash. Like if I sell Monday, buy Wednesday, and we get a nice blood red Thursday like we sometimes do but not always, I'd then use the margin to buy the deepest depths of that Thursday, then sell it Friday immediately and maybe invest any gains I made after interest in cash account stuff over the weekend. Is this a good method or stupid?
Also what sort of interest over time am I generally looking at, does it automatically pay itself out if I sell a margin stock for profit?

Judging from the crypto market, Monday is gonna be a pump day.

>>19976195
If it doubles your stock buying power you can buy twice the stocks. You need to pay interest on that second half though.
You will get margin called once your account is no longer sufficiently covered.

I use my margin sparingly. 100% of my account is stocks and then some naked puts written for a max 25% of that account. If it all goes down I dont have to worry and I can buy a dip here and there. This strategy uses nothing of my margin since I only get credit for my written puts but also gives me a chance to get cheap shares. Best of both worlds imo.

>>19975981
That's a good strategy but you still should focus on trying to make extra income to contribute into your account rather than expecting a slightly better than average return to make you a millionaire. That can still happen through compound gains over the next few decades but nearly everyone here is better off focusing on making more money even if their return is slightly lower because of it.
>>19975989
Nearly everyone is retarded in that sense, if people could sustain a high return over time, they would be billionaires. 10k with a 200% annual return over ten years is over a billion dollars before taxes. You would reach the point where firms would start trading against you and you wouldn't be able to instantaneously unload a position but the point still stands, it's nearly impossible to maintain a high return and we are fooling ourselves for believing it is possible.
>>19976038
Maybe rich people without a high return are reluctant to reply but I see no reason why someone who is rich with a good return wouldn't. You have a lot of crypto millionaires but I doubt there are many people who have managed to do it through trading stocks and starting with low amount.

Fug me sucking cocks cannot make new thread @_@

>>19976270
IM ON IT
SUCK MY COCKS NEXT TIME

>>19976267
200% is an insane return though. Pretty much impossible.
30% a year is very very good already, assuming you have a solid trading strategy

Will my AAL bags get less heavy with the news of them going back to full capacity flights?

post yfw GREEN MONDAY

>>19976251
Yeah, do you know what sort of interest level is typical?
>>19976267
I know, but I'm too sad to cope with work related to my degree right now, so I'm working retail and I took the summer off from my second job working nights to recover my sleep schedule, I got a lot of overtime which is why I have an account to begin with. So for now I want to accelerate my gains with margin.
It seems like the interest makes it less appropriate for long term stuff, so I'm going to try to do fairly safe and small weekly plays to avoid the SEC's bullshit while still making things short-term.
Is there any industry norm to how far you can fall without getting margin called? Like they probably wouldn't call me over 3% down one day, right?

>>19976267
I appreciate that you are taking the time to beat some sense into people here. I wasnt going for mad returns though, just held like a dumb bitch through yhe fall. Well its my first real actual turndown.

Are ya ready for negative rates ye land lubbers?

Man I thought that I went into OTSKand FSLY, but they both made me a cool 5-7% on Fridays bloodbath

>>19976349
Normal margin rate is 5-7%. ibrk has 1.55% but it's not worth dealing with all the other cancer it comes with.

>>19976349
5-7%/year

>>19976306
Would be weird but we are in clown world

>>19976306
Correct. Also why the fuck is my power out? Now how am I gonna beat off to hentai?

Word on the atreet is there is beta for trailing stop orders on webull. Is it true and is it true that if I talk to customer support they will add it to my account. Pls respond. Im jumping off the RH ship.

And unironically $SHIP

>>19976456
>>19976456
>>19976456
NEW NEW NEW
>>19976456
>>19976456
>>19976456
NEXT NEXT NEXT

Planets are aligning on July 4, is this bullish?

>>19976205
You mean dump?

>>19975778
You lose foreskin privileges now.
Prepare to become American.

>>19976299
I currently have around a 770% annual return and I'll never be able to discern what is luck or skill. I've already started to become much more conservative with my money management so I expect that it will drop off soon but I still believe it is possible to return 100% annually over time, which I admit is contrary to my last post. I simply do not know the answer, the lack of hyper successful traders is the biggest mystery in stocks. Most hedge funds can't even beat the market which is so counterintuitive to what we see while trading. Holding a normal index ETF with a 10% position in a 3x index ETF would easily beat the market, yet there's only a handful of funds that managed to beat the market over ten years.
>>19976349
Please be extremely careful with margin and ensure you don't risk a margin call. You shouldn't be using enough margin that it's even a real possibility outside a great depression like situation. Right now you're a relatively young person with time and income, you can easily become a millionaire if you play your cards right, there's no sense in taking on a lot of risk.

>>19975170
i work in healthcare too. pharmafag. fuck off with your anecdotal evidence.

we heard all about hydroxychloroquine. now dexamethasone. and soon maybe colchicine

no money in those either.

you're probably some shit nurse calling out sick for the covid pay.

>>19975038
I bought a call on gush for 400, immediately lost 200 overnight, close position and I ain't looking back, I am thinking of throwing everything I have on airplane shorts in the morning.

Other than jet is there a better stock to put a huge short on?

>>19975617
I am actually getting in to this strategy!

I came to the conclusion the market is totally irrational because the biggest and safest investment, oil and transportation are TOTALLY fucked and they will be for months to come, housing is coming next and only god knows what's to follow.

Everybody is gambling on literall meme stocks mostly on tech because they feel secure, muh TSLA, muh AMZN, muh GOOG.

I am actually planning to scoop every day highest pumpers and day trade them for a 1 or 2 day pumps, I have a tendency to watch for trends in the market and that one I been seeing lately mostly because there is a shit ton of new traders ready to buy anything that paints green.

That one nigger radio station is been pumping and dumping for a whole week on a red week

Shll also did and that one chink too, the secret is to find out which one will keep on pumping and get early.

I'll follow this strategy for this week and see what happens, I'll be shilling my bags here

Wish I could buy a ton of UBER

How do we get more hot diversity hires in finance?

>he fell for the airlines meme
>he fell for the cruise ships meme
>he fell for the hotels meme