/biz/ - Business & Finance

>>671387
Guys, I'm always getting advice here, surely some other people here can post gainz

>>671431
no gainz here...

>>671387

portfolio of 190k as of last december when i looked.

today 238k

18k was savings, 30k was gainz from apple, yahoo, iron mountain, monster energy drink, and CVM

november of 2013 i bought a car for cash and that same account hit 95k after the 25k drop. 95k to 238k in 1 year and 4 months. good savings, good gainz.

I feel like i've gotten my investing house in order over the last 2 years.

I paid off my house in 2011, you can see i cashed out all my gainz on the chart and totally missed the 2012 miracle year for the s&p500. years before that i was putting all my extra savings into the house payment to pay down principle... also stupid. on the other hand, i have no mortgage payment for the last 3 years, and you can see how that is helping savings and gainz go through the roof now.

eh. hindsight...

>>671467
Nice, why not take that 30k from gainz and put them into high risk/leverage?

I like to think of gained money as free money that I can do risky things I wouldn't otherwise wouldn't do

>>671509

I used to think like that too. i never picked the right stock really.

at the moment i've cashed everything out except for 10k in tvix and 10k in dwti... so i am sort of doing that.

i'm just expecting a pullback.. average PE of 18.5 is too rich for my blood, and future guidance during the latest round of earnings reports have been to guide a good bit lower for the next two quarters. a P/E of 18.5 now, is going to be a P/E of much higher 2 quarters from now when earnings are down.

I con't care how resilient the US economy is, or how shitty the rest of the world is doing, and how safe the US dollar is as a flight to safety currency, or how much the US stock market is "the only game in town for gainz" from a world market that is cutting interst rates to 0% everywhere...

The US stock market makes no sense at it's current and projected future PE ratios.

>>671515
I don't know a lot about the stock game, I do currency pairs only.

The stock game just seems like it's rigged, I know that's not true, but the sheer amount of volume on forex + no regs make it seems more like a fair playing field.

I'm guessing that you don't trade, you are in it for the long game on your picks?

I'd consider looking into the Euro if you like playing the long game, it crashed just like what happened when QA was announced for the dollar, but it will go back in time just like the dollar

>>671520

I like to look at product cycles and market trends that I see.

So... apple was doing the whole iphone 6 release, and it was a major refresh cycle for people on the 4s i think. so.. it we will see the same 2 year contract cycle for apple again in 2 years.

monster energy drink is the clear winner of market share in the enery drink market, coca cola is losing market share and looking for a way to help.. so monster was a clear acquisition target, and probably still is.

IRM stores data for companies but was given reit status by the IRS so they now get a better tax structure, but have to pay out large dividends.

yhoo owned baba pre ipo... so of course they were going to go through the roof.

those were my picks last year.

this year, at the current PE, I don't see any picks.

I still like monster and yahoo for possible acquisition plays...

but the macro picture is bleak. a world of slowing growth or recession, over valued markets...

it's really high risk for low reward at the moment imo.

the eurozone could stagnate like japan did in the 90s, no guarantee of a sharp recovery. especially if yellew raises interest rates and the US goes into recession 15 months later. (the average time between the fed raising rates and a recession starting is 15 months btw) I think the market is already primed for a pullback that could last until yellen raises rates.

like i said, it's high risk for moderate reward at these valuations.

if i was going to get in at this point, i'd pick big companies with huge offshore cash piles that were likely to do stock buy backs and dividends. as other people realize the ridiculous prices these days i think there will be a flight to quality/safety.

>>671515
It great that you brushed off your failed attempt to time the market in 2012 and doubled down on more market timing with leveraged ETFs. This is surely a winning strategy, despite the universal collection of research that says otherwise.

The fact that you're significantly underperforming on a cumulative basis due to all your wrong guesses shouldn't deter you. After all, you have made some modest profits by purchasing blue chip large caps during a bull market. Genius! And at the end of the day, what really matters is that you're smarter than the markets.

>Said no one ever.

>>671552
My nipples tingle just looking at those gains.

One day soon I'll share in posting glorious victories like this.

But seriously, good job.

>>671552
pretty nice, babe.

what are you at right now? 14 million?

>>671565
14.0 - 14.3MM (still waiting for a pending IPO to price). February was a very good month.

No trading but still gains. Shitty compared to iHaz, but meh, I'm still 19 and it's passive income so..

>>671567
what are you paying in taxes for 2014?

income/percentage?

>>671569
The snowball has to start somewhere right?

>Snowball rolling downhill, in case that didn't come off the way I wanted it to

>>671571
Indeed. Things should start to go faster from now on.

>>671570
Haven't done my 2014 taxes yet, but my effective tax rate was 19.41% in 2013, 21.33% in 2012, and 25.66% in 2011. Its trending downward because I'm reducing my earned income (semi-retirement).

>>671577
Why don't you ever tip /biz/ off with a ticker or 2?

>>671552
I wasn't attempting to time the market in 2012. I had a baby on the way and the wife and I thought it would be smart at the time to take the 80k we had in the brokerage and pay off the 80k left on the mortgage. i wasn't thinking about stock returns at all at the time. the mortgage was still financed at 6%. the early payments saved me a lot of money on interest over the next 30 years and it's one less thing to worry about. i could retire now if i wanted and live off the wifes paycheck. but could i have done better by leaving it in the market, probably.

that's the reason i say i think i have gotten my investing house in order in the last 2 years. now i am thinking about gains.

i opened a brokerage account in 2009 and dumped money in - why? because i did successfully time the bottom there and i made good money between there and paying off my house.

I'm not underperforming on a cummulative basis. if i had left my money in the market and not paid off my house i'd be working with a portfolio of about 500 to 600k right now. but i didn't have that money in the market so you can't say that i have underperformed.

i made 60% on my money from 2009 to 2011 when i paid off my house. that was slightly better than market average and i've doubled my networth in the last year and 4 months, beating market average by atleast 10%.

i might have done better if i hadn't paid off my house, but that wasn't bad stock picking. that was bad asset allocation in the real estate market from a misunderstanding about how investing and mortgages work.

>>671552
>shouldn't deter you

it's not deterring me at all. but PE is sufficiently fucked up, and if you think the market will just keep going up from here you are in for a pretty awesome surprise.

>purchasing blue chips
>monster is a blue chip

aapl is a blue chip and it did 45% returns for me over the last year

genius.

>agreed everyone

i love your fake portfolio screen cap that's cute.

>>671577
I wish I could help you manage a few million ;_;

I have two futures accounts that I've managed the last two years that have grown from 160k to 500k (mine) and 200k to 600k (sister's)

>>671579
>Why don't you ever tip /biz/ off with a ticker or 2?
No problem: VTI, VXUS, BND, and BNDX. Buy in appropriate allocations, and hold for 30 years.

>DON'T TELL ANYONE ABOUT THIS. I could get into a lot of trouble.

>>671582
Well, this is a red letter day! We've found the successful market timer who disproves decades of rigorous academic research. Forget about the fact that you're rationalizing away all of your poor decisions (paying off a 6% loan and missing a 16% market gain). That's not cognitive dissonance at all. What amazes me is how a one-in-a-million investing genius like yourself has escaped Wall Street's greedy grasp. Someone with a track record of market timing as perfect as you claim should be earning millions in fees.

Oh well, I'm sure there's a good reason for that too.

>>671582
>your fake portfolio screen cap
https://archive.moe/biz/thread/301031

Welcome to /biz/. Enjoy your stay.

>>671387

aren't you the demo gains guy tho?

>>671520
can you post gains/ losses from your forex?

>>671611
>rationalizing away all of your poor decisions

i admitted they were poor choices in hind sight.


i love your 30 year 100% gainz bro. love how you posted a timeframe with every single one.

oh wait. it's easy to make 100% in the market over 20 years, and you're actually underperforming like a retiring old bag son of a bitch.

>check out how much fake shit i can post in an archive

i'll start caring what you say when i start failing to time markets.

so far i'm timing markets and picking 5 winners and haven't been bit by it yet.

i'm worth half a million at age 30 even with my bad moves of paying off my mortgage.

i feel horrible about this. i should just kill myself now.

>fake bullshit that was archived

omg you've been here since 2014? that's amazing!!!!! welcome to /biz to you too.

>>671621
>i love your 30 year 100% gainz bro
>in the market over 20 years
I never said how long I've owned any of those investments. You're the one who assumed 20-30 years, and extrapolated.

In point of fact, the funds in that screenshot range from about 36 months to about 8 years. Not that it maters, but I can't be expected pass up another opportunity to point out your ignorance, especially when you make it so easy.

By the way, the reason I say "not that it matters" is because using percentage gains as a metric of investment performance is pretty retarded. I'd be happy to discuss my long-term ROI any time you like. However, I highly doubt that someone who thinks their "Net Investment" rises and falls with the markets would be able to have an intelligent conversation about performance metrics.

>so far i'm timing markets and picking 5 winners and haven't been bit by it yet.
What's sad is that this isn't remotely true (based solely on what you've posted here) and you don't even know it. "Look at me! I picked some winners during a historically strong bull market! I'm so good at this." Jesus man, you're the living, breathing stereotype of the typical market timing investor.

Well, in any event, I don't have any ill will towards you. I'm sure the light bulb will go on at some point. Or not.

>you've been here since 2014
>The board was created in 2014.
>But you already knew that, right?

>>671387
Congrats on ur gainz bud.

>>671670
>using percentage gains as a metric of investment performance is pretty retarded
oh, i think we know who's retarded my friend.


>I'd be happy to discuss my long-term ROI

you already posted in the archive thread that you are worth 12.5 million in 2014 and 14 mill now. you also stated that is 60% wages and 40% gains. and that you are about 50 now.
Talk about shit gains over a long time period. I mean I have to extrapolate a bit here but shouldn't your gains over the last ciouple years worth of "historically strong bull market" have doubled your net worth in the last 5 years? Shouldn't your gains be in the 90% range like everyone else who would have been well invested?

But let's take a look at how you and I did over the last year...

So out of a portfolio of 12.5 mill you have gains of 1.5 mill for the year. Let's round up and call it 2 mill.

if you had invested like me for the last year you would have had 40% apple, 40% yhoo, 10% monster, 10% Iron mountain. You'd have sold when apple hit 120, you'd have cached out of yhoo at the baba ipo and you still be holding irm and mnst now.. or maybe not... either way...

You'd have made 3 million on apple alone and the others would have netted you 65, 40, and 30% returns. I'd guess another 2 or 3 million dollars easily.

So instead of making 5 to 6 million by making common sense picks in "blue chips" as you called them, you made 2 mill by being a boggle head shill.

>during a historically strong bull market!

your advice is bullshit. your gains are weak.

enjoy being fully invested through the next down cycle since you'll never see it coming.

>>671698
>shouldn't your gains over the last ciouple years worth of "historically strong bull market" have doubled your net worth in the last 5 years?
Yes my net worth should have doubled in the last 5 years. And it did. A little more than a double, in fact.

>So instead of making 5 to 6 million by making common sense picks in "blue chips" as you called them, you made 2 mill by being a boggle head shill.
But I did in fact make $5-6 million by being a boglehead shill. And with a less risky portfolio. Where is your God now?

Also, not that you would understand, but I also own several million in private equity investments and real estate that bear very little direct correlation to the broader markets. So I suggest you stick with looking at my Vanguard balances, and not my overall net worth, when you make your next asinine comment.

>your advice is bullshit. your gains are weak
kek. I guess we're done here. Thanks for playing.

>>671670
Picture speaks for itself.

>>671722

you say that you gain 60% from your job, so that would mean that you're market gains only account for the 40% of your net worth increase.

>>671600
>>671600
Did you actually hold stock for that long?

>>671722

Where would you suggest a 19 year old start when it comes to investment?

I have around £1000 cash, a decent part time job with no debt and I'm going university this September. I'm looking to do something with my money in the mean time but I'm not sure where to start learning. I understand £1000 isn't a lot but is there nothing I can do with it for the next seven months?

Thanks in advance mate

>>671738

Forgot to mention I've been recommended Van Tharp's trading your way to financial freedom which I am going to start reading tomorrow. I'm not sure where else to look though.

>>671614
I just started last month, but my client isn't showing any activity for last month.

>>671737
People talk about investment lifetimes of up to 75 years. If you think you're going to get rich quick in the stock market as a brainless teen you're in for a rude awakening.

>>671722
Muh weiner.

Does the air taste different when you're not a pleb?

>>671742

Sounds just like what everyone else in my family that is stuck at the middle class level would say.

>>671728
>you say that you gain 60% from your job, so that would mean that you're market gains only account for the 40% of your net worth increase
This was truly in the past. I've since retired, and my law practice currently generates a net loss (for tax purposes, at least).

>>671737
>Did you actually hold stock for that long?
Jesus, man. I'm not even 50 years old. So. no, haven't held anything for thirty years.

But I will.

>>671738
>is there nothing I can do with it for the next seven months?
Seven months is by far an insufficiently short investing period to expose yourself to the equity markets. If you're going to need the money in the next 1-3 years, there is no way you should even consider the stock market.

Put your money in the bank and don't start worrying about real investing until you have a full-time career and a steady income. Job first; investing second. Then establish an appropriate emergency fund (6-12 months living expenses in cash). Then save up at least $3000 (plus or minus). Then you can think about investing.

>>671762
I realize it was probably tongue in check, but I guess what I'm asking is do you play the long game with stocks?

On currency pairs, even trading on D1 intervals will have at least a few trades per month, and much shorter windows for trades as the interval goes down.

Did you pick them based on trends, or information on their companies and where you believe they were headed?

My reason for getting into the game would be entertainment/make $$$, I might invest in some stocks for a longer game, but currency pairs I want to be in on the action and ebb and flow of the market

>>671387
>Gains thread?
>Gains Thread

I post excellent gains. Get accused of trying to time the market, when I wasn't.

Post gains that are percentage wise way better than the people telling me i don't know what i'm doing.

>>671670
>using percentage gains as a metric of investment performance is pretty retarded.

in a gains thread. lol

>>671722
>My networth did double in the last 5 to 6 years.

from archive thread:
>my wealth is 40% gains, 60% wages

so this is where i call bullshit on your being a millionaire altogether. because you don't even know how simple math works.

it simply can't add up, no matter what, that your net worth is 60% wages, and in the last 5 years you doubled your net worth, and increased your net worth WITH GAINS in the last year by 2 million. You could have done it if in the last year you earned 2 million. There is no explanation or formula or accounting bullshit that reconciles your fucking lies.

You can go ahead and claim that it's really difficult discerning the value of private equity investments... but that's all bullshit. you could easily just tell us the numbers you are using for valuation. but you won't because you are a fucking bogglehead shill. you manufactured all your numbers and statements to sell the bogglehead story.

look, my gains outperformed yours for the last year and i'm 20 years younger than you. there is no need to be upset. there is no need for you to be jealous or even respond to me. you're at least 13.5 million dollars richer than me right? i'll never be able to pick good stocks like this on a recurring basis... even though i gave you the rational reasons why i picked all my stocks last year. all my money will vanish in the next down market and i'll never recover because i didn't read this book and follow these 4 simple rules of investing...

so you have nothing to worry about. i'll never be as successful as you. just let it go.

>kek. I guess we're done here. Thanks for playing.

>>671775
> Get accused of trying to time the market, when I wasn't.

Even you were, it's still gains.

Sweet, sweet gains.

We're all gamblers deep down

>>671762

Ahh I see. Fair enough I'll wait and save for now then. But wouldn't it be wise for me to start learning from now? Where would you recommend I look/read? Or is the best way to learn through trial and error when the time comes.

>>671783
If you've got parents backing you up financially, as in they will bail you out if you need rent/food/etc, then I'd yolo it and invest it

>>671769
Don't take offense, but what you and I do are about as opposite as opposites come.

I buy low-cost highly-diversified mutual funds, primarily index funds, with an investment horizon of 20-50 years. Short of some minor rebalancing and consolidation, I haven't sold a fund in 12 years. I follow a strategy that generates steady, predictable long-term gains according to every respected financial expert and researcher.

You gamble on short-term currency transactions, making frequent trades based on unscientific principles. Your strategy has been proven unsuccessful in 80-90% of cases, and has almost no long-term prospect of generating meaningful returns.

From your posts, you seem like a decent enough fellow. Indeed, I would have guessed you were smart enough not to get caught up in something so reckless as currency trading.

As with the other guy, I have no ill will towards you. But I do think you're making grievous mistakes with your money. Chances are you'll learn your lesson eventually, and probably soon. Whether its an expensive lesson or not remains to be seen.

>>671783
>Where would you recommend I look/read?
http://www.bogleheads.org/wiki/Getting_started
https://www.bogleheads.org/wiki/UK_investing
https://personal.vanguard.com/us/insights/saving-investing

>>671788

This is excellent advice.

And don't listen to the idiot telling you a 7 month time span is a bad time span for investing. you need some time, but certainly not 7 months and certainly not 3 years.

monster energy drink is blowing it out of the water.

i bought that shit the day before earnings and sold it the day after earnings and made 10% on my money. that shit was easy money.

there is timespan out there that will work for you no matter what the timespan is, you just need to do your homework.

watch earnings reports for industries. there is a yahoo earnings calendar that is really easy to use.

make a spread sheet by industry. watch each industry.

when the earnings season is about half way done, you'll have an idea of which industries are generally doing well. after that, just start picking up large stock positions in the companies that haven't reported yet, the day before they report.

it's a simple way to pick up 3 to 10% gains everyday on your portfolio and you can do it 4 times a year.

turn on margin so the SEC doesn't come after you for free loading, and maybe limit the number of transactions to one every other day, call and talk to your broker about your plans and they will tell you what you can and can't get away with.

>>671796
>but what you and I do are about as opposite as opposites come.

I get that, one day I'd like to hold some shares, but like I said, the currency trading is more a thrill game for me than what I want to pursue for solid financial gain.

I currently am in year two of my startup, and if things keep going well, and I generate enough that I wouldn't mind squirreling away instead of funneling back into the business, I'd like to get with a financial advisor and get some investing tips to generate long term returns like yours for my kids/grand kids.

But having said that, I'm 23, so right now everything is going back into the business, and the high risk trading on forex is more of hobby than it is a vehicle for gains.

>>671801
>This is excellent advice.

Can't tell if you're being serious, but I was serious with it.

>>671387
Man you were in the other forex thread right? Is there only one part to it or what, cuz it seemed pretty goddamn shitty before.

>>671809

yeah, the one with demo gains

>>671809
your strategy i mean

>>671796
>I buy low-cost highly-diversified mutual funds, primarily index funds, with an investment horizon of 20-50 years. Short of some minor rebalancing and consolidation, I haven't sold a fund in 12 years. I follow a strategy that generates steady, predictable long-term gains according to every respected financial expert and researcher.


I buy low priced, high value stocks of high brand value companies with an immediate realistic future growth story. (no tsla please) With an investment horizon of whatever that story is. I re-balance my portfolio for whatever is currently undervalued by the market so that I maximize my return on invesment when the market finally understands the growth story or the company reports earnings. I follow a strategy that generates predictable short and long-term gains according to every respected financial expert and researcher.

>>671796
>Chances are you'll learn your lesson eventually, and probably soon.

all you have to do to avoid it is read this simple book and follow these 8 principles!!!

>>671800
>http://www.bogleheads.org/wiki/Getting_started
>https://www.bogleheads.org/wiki/UK_investing

of course...

>>671801
>it's a simple way to pick up 3 to 10% gains everyday
Well, I take back everything I said earlier. This anon right here is promising us annual gains in the range of 840% to 2800%.

Everyone, please dump your shitty 8-12% mutual funds because the key to true wealth has just been revealed. And its simple too!

Congrats on your strategy anon! Within 3 years you'll be the richest person on Earth.

>in2thefilterugo

>>671810
I sent that nigga a fuckin pdf of my method, I guess its too much work, he prefers using the oldest, shittiest strategy in the book.

>>671807
>Can't tell if you're being serious, but I was serious with it.

yeah i'm serious. i think that families and friends represent under utilized pools of capital.

for instance... myself and a dozen friends all might have 100k to invest. and we might all feel as though we need to keep 50k of it for a rainy day/nest egg. well.. absent the information that we are all in teh same boat, we each have 50k to invest.

well.. if we all knew that each of us had 100k, and we felt inclined to trust each other for back up, we could each lower our nest egg requirement significantly and pool our money to able to invest maybe a million dollars, which could open up new investing opportunities which might have higher ROI. (although as I have demonstrated over the last year there was no price barrier to apple stock and it fucking did really well because of the 2 year model refresh cell phone carrier contract cycle) but you still see what i am saying...

it's the same story for your.. as you put it "yolo" investing strategy. the idea being that you are young and you have your parents for back up. so your best gainz will come from slamming everything you have into investing at an early age.

our friend likes to keep saying that academics have proven XYZ over and over in this thread.. and i think most of what he has said is shit.

but academics certainly agree that investing as much as you can at an early age is simply mathematically proven to boost cumulative gains simply because of the longer investing timeline.

my 1 word of caution for investing right now is that current average PE in teh market is 18.5 (historical average is 14.5) and forward guidance for many companies is negative for the next 2 quarters meaning that PE will only go even higher as companies fail to report earnings inline with price per share.

We are likely on the cusp of a market correction and the risk/reward in the market right now is probably worse than at any previous time i can remember.

>>671819
>everyday

everyday during the last half of earnings season when a company that you can trust is going to report.

it's no where near 840% a year.

but it's fuck ton better than the market underperform 8% you did last year m8.

>>671820

i just go after negative spreads. literally free money.

>>671819

are you implying that he implied that you can actually have those returns every single day of the year?

>>671819
Hey iHaz, great respect for you, read all your posts, you inspired me a lot. I have a question for you. I have around 200k invested right now. 95% of that is into ETFs I bought about 6 months ago.
I went with a NASDAQ one, a biotechnology one, a pharmaceutical one, a semiconductor one. I know the pharma-bio field quite well so I thought might go with these. All those ETFs outpreform the NASDAQ one (yellow big graph). Is there sth bad with this? Should I just hold until the sector falls and then switch to a more general sector? I active use my portfolio and the 5% not used for long time ETF's a stuff I like to do like swing trades, Stocks, certificates, a bit of forex etc.

>>671835
How do you even do that? I don't think I've seen a negative spread on any financial instrument i've ever seen.

>>671838
>>671819
>I active use my portfolio and the 5% not used for long time ETF's a stuff I like to do like swing trades, Stocks, certificates, a bit of forex etc.

I actively use my portfolio and do trading like swing trades, Stocks, certificates, a bit of forex etc. with the remaining 5% that is not invested into ETFs

Sorry, late, not my language

>>671840

by looking at the spreads across all the pairs im subscribed to and then picking off the ones that dip into negativity

>>671812
That's fuck nuts >>671810


>>671812
Did you sell them when they started to lose, and on what interval were you trading?

>>671838
I wouldn't be at all comfortable being so over-weighted in tech and biotech. Even if you know the field well, that doesn't mean you can accurately predict tops and bottoms. Consider yourself fortunate to have performed well in the short-term, and now consider diversifying into a much broader portfolio.

No one knows what the next hot sector is going to be. Last year's hero may be this year's zero. Or not. Which is why we diversify.

>>671842
>the remaining 5%
No worries here. I have a play money account too, that also makes up about 4% of my gross portfolio. As long as you're disciplined with the bulk of your wealth, I don't see much harm in taking bolder chances with a small piece.

>>671812
Give me a second and I'll draft you up a quick chart.

>>671851

remember how i was right about where price was going to go? and you should still be long and in the red, right? paying up on that interest all the while, too

I tried trading stocks but lost like 5k, I am not that good or interested in math so trading is not for me.

>>671855

communications, especially companies who do super cheap plans due to wi-fi abundance and the ability to use fallback networks along with all the apps that can circumvent needing a monthly plan

>>671828

I'd say average salary at 22+ is something like 50k out of college.

I think instead of 20% of your paycheck going to savings everytime, you should throw 10k into forex after trading a demo account, leverage the fuck out of it, ???, profit!

I have a much larger threshold for risk than a lot of people though because my family would catch me if I fell

>>671862
In the red by one point today with it still trending upwards.

You called 93.85, so don't act like you know shit.

>>671788

Unfortunately I don't have parents who have the ability to back me but I have been planning so I should have at least £2000 that I wont need to touch while I'm at uni. I like having that cushion so I'll work on increasing it to £4000 before I start doing much with it. I think being cautious until I have a better idea of everything is best.

>>671800

Thanks I'll take a look!

>>671801

I'll study the markets and practice without risking money for now. I still need to learn more before I start. While I'm definitely not risk averse I know I can burn myself. So I'll make sure to fully understand what I'm getting into.

>>671855
Thank you very much. I plan to invest another 100k in the next few weeks/month. I was thinking of splitting it up between 2-3 ETFs (one of them would be an automobile and automobile parts ETF) and a stock I feel very confident about. Since im non-us i dont have access to vanguard. Do you have any concrete ETFs that would help diversify my portfolio but also grant me some short term success? I dont want to go into the emerging Markets just because of pure diversifications reason. I was thinking of maybe getting an index ETF of some already emerged booming country like China, Brasil, India or sth along the lines of those, haven't done much research to be honest in this field.

>>671874

i called 92.87, actually. you're in the red due to roll over, brah.

>>671876
That is unfortunate, I wish everyone would have family that were like that, I count myself very fortunate for the opportunities it's afforded me in life.

>>671886
See OP picture, you could have had those gains if you listened instead of trying to argue

>>671893

just a small sample of what happened sunday
i was placing at least 30 traders per minute

>>671898
Good job, but I don't really believe that's from yours considering you were bragging about 300 dollaroos in the last thread

>>671901

that was on friday, right?
cause this was on sunday

>>671904
Good job m8.

Like I said, I'm using this time testing that strategy and learning the markets as I go along before I commit any money to it.

>>671904
The cool thing about this strategy is that the wins are almost always 4-5x higher than the losses.

Pic related, whereas I was down by one point with the AUD/JPY, I'm up over 100 points with the CAD/CHF. and still climbing.

And as I wrote that this post, the AUD/JPY is now 10 points in the green

>>671883
Not knowing more about your situation, I'm reluctant to make a specific recommendation. I'm a big fan of the model portfolios described on the bogleheads and Vanguard websites, but you're not starting from square one. I suggest you find the bogleheads wiki article for your country/region and see if there are any recommendations there that make sense to you.

>>671907

here real simple thing for you to try
on the hourly time frame
ema: 24
sma: 48
get an indicator that can tell you the pip difference between the ma's
get an unsmoothed rsi and put it at 24

the idea behind this is that price will deviate/revert from/to the mean quite a bit and you want to get in when the mean deviation is over and mean reversion is beginning
look for when the rsi is starting to diverge from price and the ma difference is near average peak levels
buy/short depending if it's oversold/bought and get out when price hits the ema or when price hits a level where the two ma's crossed or one of the ma's high/low which price hasn't visited that level since the creation of the cross or high/low

the lower the time frame, the more this will appear, though, the less gains you'll get therefor spread can prevent any profits
the higher the time frame the harder it is to get into a comfortable price and can cause you to panic and exit too early.

there will be quite a few times where you'll break even as well as the longer you hold, the more likely your exit (if you're using the ema) will have arrived at the very price you entered

you can also mix this up with some fundamental/geopolitical plays. i used this very method to short aud/usd back when it was above parity all the down to .8

>>671928
Thank you very much for answering my questions

>>671929

here is an example
>pic related

it's the aud/usd on a weekly time frame (different ma time periods used)

you can see that the ma difference is actually higher than the last two previous highs, though this indicator wasn't made to be viewed in a candlestick which would give an even more accurate picture

while the rsi has shown divergence

you can start building up positions or wait for price to drop maybe 100 or so pips then start and then target either the ema as the exit or .915 or 1.035

though i would also look at factors such as the american economy/dollar stength, the australian economy, and the surrounding economies such as japan and china since this is on the weekly time frame

>>671929
>>671937
I'll definitely look into it, thanks for the tips

>>671937
>>671904
french ppl pls go!

>>672377

but im not a le french

>>671467
where did you learn to get your investing house in order, as you put it?

not asking you to teach me yourself, just where to go to do the learning and hard work myself

thanks man and congrats on your gains