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/biz/ - Business & Finance


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22650878 No.22650878 [Reply] [Original]

Are any of you skilled traders, or would you basically leave /biz/ the moment that you become financially independent?

Just curious as to why trading is virtually never spoken of here. Why are there no threads discussing strategies, theory, and price forecasts.

>> No.22650909

I want her to eat a lot of onions and go for a nice long jog. Then sit on my face

>> No.22651018

>>22650878
>Just curious as to why trading is virtually never spoken of here. Why are there no threads discussing strategies, theory, and price forecasts.

I've been here since 2017 but stopped going on here 2 years ago because this entire board is stupid and never learns from their mistakes. When the markets are green, it's always the same "ANNNDD WE'RE BAAACK" green wojak shitty threads or when the markets go down it's always the same Pink wojaks spamming AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA all around. I used to post trading forecasts and strategies from time to time but they get flooded by the same retarded emotional wojak posters who harvoc the entire catalog of either pure europhia and/or pure seething.

And also it's always shitty shill threads spamming whatever new coin is in town. This board sucks when it comes to advice and you're better off finding financial trading advice else where.

>> No.22651069

I want to use that ass as a mask

>> No.22651137

>>22651018
This. Even I've noticed this place is dominated by just complete emotional rides and zero discipline. Smug posting going up, screaming and depression going down.

Can you recommend any solid material for learning strategies and forecasting fren?

>> No.22651198

>>22650878
Zero panty line

>> No.22651210

>>22650878
I successfully lose about $1,000 every day I try to day trade

>> No.22651224

>>22651198
fuck

>> No.22651235

>>22651018
Very sensible post. Its unfortunate, because I'm sure there are autists here who are absolute slayers with charts and making high accuracy trades, but their voices are completely drowned out in the low IQ spam threads of pure raw emotions or shitcoin shilling.

>> No.22651271

>>22651235
>ID PIPe

I would certainly like to pipe her sewage drain if you know what I mean

>> No.22651298

Oh sorry i didnt realize there was an actual question. Im one of those autists.
The reason is because trading is for boomers, right now its all about speculation and 99% of that is avoiding code bugs and lying devs

>> No.22651302

>>22651235
Yeah but none of those autists will share their findings with you.

>> No.22651316

>>22651018
There was a post 12 hours ago when Uni was imminently about to drop. He had two charts ,solid clean TA, and wasn't screaming buy or sell other than a caution the price is about trend down. It was deleted within minutes. The price did indeed break through support so the post would have been validated. I thought surpression was only on reddit but it's here too.

>> No.22651339

>>22651302
I wouldn't blame them. They probably get shut down and made fun of every time they try to help others by predicting market dumps

>> No.22651343

>>22651018
What strategies do you find beneficial? Are your trades based solely on market activity or a mix of TA and FA? I'm trying to learn but it seems like the best I can do is DCA and hope for the best

>> No.22651354

>>22651316
who the fuck cares about 20% down when if you got in the yfi vault minute 1 you would have got 6,000,000% briefly? Or farm sustained 1,000,000% for an hour.

>> No.22651655
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22651655

>>22650878
You won't break my day 2 nofap streak OP, nice try

>> No.22651865
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22651865

>>22651655
what's your type

>> No.22651995

>>22651865
I...is that a female?

>> No.22652022
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22652022

>>22651995
who knows
maybe a blondie is more your type.

>> No.22652042

>>22651865
>>22652022
Stop tempting him

>> No.22652081
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22652081

>>22652042
i got a webm too if that's what he wants

>> No.22652116

>>22650878
>skilled traders

Because they simply don't exist in any significant numbers. 90% of traders cannot even beat the S&P 500 index, and a large number lose money.

A "skilled trader" is just someone that won the lottery more than once. It's the definition of survivorship bias. You have literally tens of thousands who lost money for any one person that beat the index.

>> No.22652173

>>22652116
I'm not convinced that trading is simply impossible and anyone succeeds is lucky. Most people are just trash at everything. Look at how many people fail to lose weight. All they have to do is stop eating and like 90% of people can't even do that.

>> No.22652209

>>22652116
skilled trader just means not being a degenerate gambler buying weekly calls on retarded shit.

or buying retarded shit like airliners. You'd be surprised at how some people's DD was basically opening the 1 year chart and assuming the upside potential within a year is basically what it was before the March dip.

Right now the best play is buying Gamestop stock and most people overlook it because it's Gamestop, but /smg/ has been shilling it since end of August because it's such a no-brainer low-risk/high-reward play.

>> No.22652232

>>22650878
I'd wear her like a beanie!

>> No.22652283

>>22652081
wtf this kid is gonna have a massive complex

>> No.22652309
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22652309

>>22652283
that just how it is

last attempt to make anon cum

>> No.22652313 [DELETED] 

>>22651316
So are you saying jannie positions have been compromised and they are receive payment from shady sources?

>> No.22652371

>>22651316
i saw that too, and shouldve listened lol

>> No.22652415

>>22652309
Wheres the benis?

>> No.22652417

>>22651018
Whenever the market gets bogged I post pink wojacks because it's funny and a nice way to vent

>> No.22652469

>>22652209
sauce on gamestop? been hearing same thing but new so

>> No.22652517

>>22652173
>>22652209
It's not impossible, but if you can't beat or can barely beat a passive index with hours of daily or weekly work, then you have effectively lost money

Thinking you're somehow special is the fastest way to get fucked up with anything in life. Do you think all those men that got divorce raped thought they'd be getting divorced?

>it's such a no-brainer low-risk/high-reward play
They already closed 10% of their stores and they're probably going to close another 5-10% within the next six months. It may get a temporary boost from the new console launches, and you'll make money if you sell on it, but this is a business heading to zero on a long enough timeline.

>> No.22652522

>>22652469
/smg/ was discussing how reddit just started taking notice of it kek, meanwhile a bunch of retards on /smg/ are already up +30% to +50% on it.

someone posted this link
https://www.reddit.com/r/wallstreetbets/comments/ivs6dw/bankrupting_institutional_investors_for_dummies/

>> No.22652552

>>22651198
now this is a man who pays attention to details

>> No.22652597

>>22652517
the closing is bullish news, their overexpansion was bad enough that there were 2 EBgames in a nearby mall at one point.

But that's besides the point, all that matters is that they're nowhere close to bankruptcy for at least 2 years, severely undervalued for its revenues and healthy balance sheet, and retard short sellers managed to short the entire float and have already lost the bet for GME to go to $0.

>> No.22652602

Is this the new smg?

>> No.22652621

>>22650878
>Why are there no threads discussing strategies, theory, and price forecasts.
TA has been proven time and time again to be completely worthless for crypto because of how manipulated the entire space is, and since this board is based around crypto all we can really do is react to it. I haven't been in /smg/ or robinhood general before it that much though, maybe things are different there.

>> No.22652661

>>22652621
>TA has been proven time and time again to be completely worthless for crypto
TA only works in the sense that it makes many people buy at the same time.

>> No.22652829

>>22651018
yes me too. I never look at this board. everyone that is very smart is going to r/wsb now

>> No.22653150

>>22652621
Meh. Some people can cut through the ted tape using TA

https://youtu.be/Qgg94vh_MVE

>> No.22653772

>>22652621
TA makes sense in a bull market.
But every strategy works in a bull market.