/biz/ - Business & Finance

first

DO YOUR PATRIOTIC DUTY AND BUY YANG

SHORT ALL CHINK ETFS & STOCKS

I bet the Jews did this.

>had to sell wal mart at a loss

Time to buy some undervalued plays. BGFV is undervalued. Need some guns? go to BGFV need a stock that pays a good dividend? Check out BGFV.

fuck China

>>8051860
Jews are odds on paying 1:5

>>8051862
where you the one that bought the "dip"?

>>8051864
Big Five's earnings call was a fucking disaster, nobody is going to buy that shitty stock.

>>8051809
Wow fuck you trump you orange goblin nigger. I was finally in the green getting ready to hit my sell targets.

I'm alright with death now

>>8051864
I'm baghodling 40 shares of BGFV until it covers my broker's fee. It really just doesn't move. >_> I could take the $20 loss but eh it's a small amount either way.

>>8051809
Okay we still need 4 stocks to buy for this week, first replies and I'll buy it

>>8051914
CRON

>>8051914
X is money

>>8051892
I bought at 91 so it wasnt that bad, I moved it to the dow for saftey, prob should have done the SP

>>8051809
just made a midsize buy in of GE at 14.02. figure it can only go up over the next 2 months..r-r-r-right?

>>8051914
SVXY

>>8051949
GE is going to get kicked out of the DOW

>>8051949
stay away from GE at all costs no matter what the price

I'm an absolute beginner. How do you guys find what to invest in?

Can we get Obongo and Yellen back now?

>>8052021
follow the memes

>>8051932
>>8051940
Bought both of those

>>8051973
You already had your turn, didn't you have me buy YANG?

$76 DOLLARS REMAINING TO BUY, GIB ME MORE STOCKS

>>8052021

>>8052050
>>8052040
Are these your serious answers?

>>8052041
I did, but do you want to make money or not?

>>8052021
I will sometimes just go onto a trading website and just look at random companies in random sectors, and just check their financial reports and debt to equity, current ratio, etc. Whatever you do, don't buy something suggested from here. Do your research and only visit here to gloat about your gains or laugh at the people who lose big.

>>8052059
Of course not. I buy what I know.

>>8052059
ye

also 3x etfs/etns too

>>8051973
Oy vey the bear is bullish. This is the big one. Get some UVXY before it has to split because it's approaching 10 grand a share.

>>8051897
>Big Five's earnings call was a fucking disaster
but yet it trades sideways while market is tanking.. you must really understand how stocks work

>>8051949
great buy

wow what a fucking wild day

AAXN
X
AOBC
RGR

wild fucking rides
i feel like im at the god damn rodeo

>>8052086
>Says the Big5Guy
I can't even take you seriously

Buy FORD

>>8052021
I just dump whatever's left of my salary into deep OTM SPY calls at the end of the month. Might switch to puts if things keep going the way they do.

Cryptofaggot here. How can you guys even have the audacity to post wojaks over a literal 2% drop? You haven't gotten JUST'd in the slightest.

>>8052070
ugh fine. Current holdings:
YANG
CRON
X
SVXY

any others? I'll probably finish the portfolio with JNUG and BGFV

>>8052086
Are you in telepathic communion with the Gods of Market?
Did the Ambien Walrus whisper stock picks to you?
No need to be shy, my man, let it all out.

Is ford /ourstock/?

>>8052176
it's going to take all year to get that back to a 1% gain.

>>8052203
Ford is a great swing stock

Absolutely insane today how can one call this, although i guarantee it's all out trade war, we outproduce leaders in oil now and going for chinks

>>8052176
Most of the gambling degenerates here are balls deep in 3x ETFs, options and microcap meme stocks. Sometimes a combination of all three.

>>8052176
I am 10x levered faggot.

>>8052176
you cryptofags are retarded

so much shit-posting going on

>>8052179
>>8052125
you guys aren't wondering why it's not "tanking" after a "bad earnings" when over half the float is short?? hmmm

>>8052176
>>8052226
can confirm, am balls deep in 3x

>>8052176
we arent poor, 1% is a lot of money

>>8052231
You guys must have the weakest fucking hands, I don't even break a sweat if my shitcoin drops 10%.

>>8052243
They blamed the weather TWICE for their short comings. Can't take the company seriously or anyone that invests in them.

Is it too late to get in on YANG, or is China's economy actually going to crumble?

>>8051897
>>8052086
Shit you not, BGFV is a consistent earner for me

>>8052267
Unlike pump and dump scam coins. trading stock indices involves significant risk of large institutions going the other way on you

>>8052086
>>8052297
I haven't taken position but have been watching since I saw Big5Guy, and it seems like it is a great stock to swing trade.

>>8052236
why are you even using a trip? I understand bigfiveguy and bagholder since their picks are good to short, but what's your purpose?

>>8052267
good, nobody gives a shit. now leave

>>8052222
quads confirm

>>8052270
again.. i don't think you understand how the actual stock works.

Over half the float is short and it didn't tank after a bad earnings...

If you think a stock ALWAYS reflects the company you haven't been in the market long imo

>>8052236
>heNtfIFx
Short NFLX?

>>8052229
CFD?

>>8052341
>It can't go any lower because everyone is already short!

Luckily BGFV is very liquid

>>8052370
Essentially the same thing yeah. Stock index futures.

Finished! This week it's:
AMRS
JNUG
BGFV
YANG
CRON
X
SVXY

I'll see you in a week with sick gains

>>8052021
Start by picking a sector (precious metals, battery metals, retail, tech, pharma etc) then start looking at the top stocks for it. Then yolo in high and sell low in /biz/ tradition.

>>8052415
capped

>>8052377
>>It can't go any lower because everyone is already short!
that is not what i am saying at all... i can see you don't know what short squeeze is.. continue on with your life.. sorry.. i didn't know i was talking to a newfag.

>>8052328
my purpose is to fuck your mom

>>8052415

>> tfw outperform 'cramers charitable trust'

>>8052446
God, you just scream coinfag

>>8052440
I hope you realize that people thought LEH shorts were going to get squeezed too

Like I said, good thing bgfv isnt levered

deep red KO

>>8052415
Fuck yea

lmao KTOS not even budging

>>8052451
I'm hoping we can beat:
SPY
BRK. B
and the stupid cuck cramer

If a bunch of autists on a mongolian knitting board can beat cramer we are unstoppable

>>8052476
>I hope you realize that people thought LEH shorts were going to get squeezed too
>Like I said, good thing bgfv isnt levered
you basically just pointed out the difference in LEH and BGFV

LEH probably was levered and probably with convertable notes.

BGFV doesn't have any notes to convert to sale to shorts there is no more supply of BGFV stock being put into the market, it is actually getting taken out of the market according to filings...

Big difference when shorting when there is dilution compared to shorting when there is a share buy back in place...

my watchlist is looking bad
fuck it Im buying Pep

>>8052270
It is a shitty company but a good stock
Because its pattern is quite predictable

Power hour lets go GREEN GREEN GREEN

>>8052415
YES
AMY MADE IT TO THE LIST AGAIN

>>8051809

Glad I sold TOPS when it was going down from 0.22 per share.

What is a good penny stock to buy right now?

>>8052556
Need more burgers.

>>8052511
its down 9% today my guy

>>8052556
holy shit

We're mooning boys

I've got a limit order on YANG at $5. Chances it actually happens today and will I make money on it, or am I too late to the game?

>>8052656
China sell off starts at their market open

You should buy it before close

XIVH sell now or hold 1 more day?

SELLING IS OVER! BUY NOW THIS IS THE ABSOLUTE BOTTOM BOYS

>>8051914
Anything in aluminum or steel, US based. They're already mooning over Trump's comments.

>>8052675
Duly noted, I'll cancel the order and get in on it

Ford paid dividends today, if you dont buy you will miss your moon mission to 13

>>8052675
I've got some spare divs, gonna jump on YANG meme overnight, fuck it

We rallying back to open?

>>>>8052308
are you seriously implying that buying pump and dump scamcoins is less riskier than buying stocks

I haven't been on /biz/ in like a year; when the fuck did it get so fast? Last time I was here a thread wouldn't hit 100 posts for days

>>8052719
>>8052742
Good job patriots.

>>8052704

>>8052742
>>8052719
dont, Chinas market wont tank

>>8052765
crypto explosion last summer

>>8052765
Cryptoshit killed the board.
Can't have a slow thread or it will get pushed off the board by literal 69 IQ NEET degenerates spamming their shitthreads.

will the power hour bring us some power gains?

>>8052782
fucking commie get off my board REEEEEEEEEEEEEEEEEEEEEEEEE

>>8052765
cryto and then all stock related stuff gets thrown in this thread

>>8052813
so far so good...

sell off tomorrow too, or rebound fri and death monday

>>8052765
Indians
ever notice how every trading website is completely spammed to the brim with indian shills? Its on everything

>>8052782
Based on what?

>>8052782
Just let them meme their way to losses anon.

>>8052782
>>8052742
>>8052768
>>8052719
Nikkei futures sinking like the titanic

>>8052839
You should be asking "why would it tank" not asking me why it wont

>>8052857
I already have my opinion on why it would tank, I'm interested in the counterpoint :-)

>>8052839
Emperor Xi PingPong buying up everything to show the power of China to the amerikkkan piggus

>>8052853
Thanks nigger Im aware, It follows the SP500 x 5 leverage
40k soon

>>8052876
If digits bull tomorrow

>>8052898
o boy

>>8052864
so basically you are extorting info?
The Yuan will get weaker

>>8052059
half and half. I see what stocks people are making memes from and then I do some DD on them. Then I decide whether to buy or not.

>>8052876
then you should be getting on the YANG train autist

angry nip detected

>>8052876
How does the Nikkei correlate to the US markets ? If you want to value play Japanese stocks, what would be the preferred sector for that ?

>>8052898
fugg

Fat cats fat gains let's GO

>>8052021
If you have to ask, don't jump in with real money. Go open an account at Merryl Lynch or Ameriprise, and listen to your account rep and let them get you set up with a long term investment account, so your money earns while you learn.
Then, decide what it is you want to do: day trade? Set up enough investments to live off dividends/interest? Set up for retirement?

If your answer is day trading, forget about actually making trades. You'll lose all your money, fast. The market is incredibly volatile right now.
Put your money away somewhere safe where it will earn a small percentage, and do the following:
Get an account at the Wall Street Journal site, read as much of it every day as you can. Google any term you don't understand. Try other investment sites with forums, read them. Start buying books on investing and day trading. Set up a phoney account at Morningstar, and make fake investments, see how you do.
Do all of this for one year. Then, you might be ready to put real money into the market.
If you're looking for income/retirement, let someone who's paid to do it set up an account for you, contribute to it regularly, and forget it.

>>8052919
why the fuck would I choose an uncorrelated market to hedge? China and japan markets dont correlate at all

>>8052920
because the nikkei is exclusively traded by americans due to the time zone its open, it will follow predictions on the sp, and most people use sp futures instead of the nikkei chart to decide entry points

>>8052225
We hold all the cards in steel and aluminum. China is shitting their collective pants today, it's a war they can't win. It's bad for the market short term but very solid for the US and our economy long term.

I love that we have a pro-US President. Unlike that last guy who gave everything away.

>>8052920
also I dont buy individual japanese sectors or stocks, thats way too dangerous, the stocks are crazy

but if I had to choose, it would be the automobile sector

>>8052966
Oh you were talking about the futures ?

>>8052778
never doubt me!
everything will moon for the next week!
then darkness
only darkness

Post rally cats.

The day is not yet lost my bullbros.

>>8053002
no Im talking about the real Nikkei
it isnt open at the same time as american, Im saying they use american futures for the official nikkei

>>8053001
Thank you for your feedback

Why do say japanese market is crazy ? Because of the volatility ?

>>8053013

>tfw the music's gone

>>8053028
>exclusively traded by Americans
>on Japan hours

I know Japan has a population problem but this is too much
How come ?

>>8053070
because 2 nukes

>>8053079

nice

>>8053070
yes the volatility is insane, and because of Yen carry trades (and people getting out of carry trades) it increases the fluctuations even more

DOWN, DOWN IT GOES

bullbros on sucide watch

>>8053113
I mean not exclusively, Japs still trade but its mostly just the BOJ
its probably because of its history and that it still never reached all time high since the 70s

ITS SLIDING AGAIN

YAMERO!

How much money do you guys make? How much money do I need to really start and make an impact?

I'm fucking green again. This is pretty fun lol

MY DICK IS GOING FLACCID!
QUICKLY SOMEONE SUCK IT!

BOUNCE DADDY BOUNCE
ALL ON BLACK

Somebody fucking call Bog right now, I can't take it anymore.

>>8053219
on my way

>>8053189
Since I started trading around 3 years ago, I kinda broke even. The knowledge/experience is priceless though.

You can't make too much money with less than 20k imo. Unless you bet on meme stocks, but that's gambling not investing

>>8053113
also its the ideal time for american day traders

most people that work dont have time during the morning to trade, so they trade the nikkei in the afternoon - night

>the wanted to buy x during the "crash" a few weeks back
>tfw buying a house so no liquid cash
>the all my fun investmenttime money is tied up in ge I bought at 17
>tfw I own a house but I'd be happier with a hundred shares of X

What is this life

>>8052021
Don't listen to >>8052947

Just buy YANG right now and come back tomorrow and we'll figure out what to do from there.

>>8053256
You fell for the productive member of the society meme.

>>8053138
>>8053169
>>8053122
thank you for your insight

>>8053248
that makes so much sense !!!

>>8053274
>Yang
Something that's been going down is what I should buy?

>>8053274
>Just buy YANG right now and come back tomorrow and we'll figure out what to do from there.
sounds like a plan

>>8053320
Why are you even asking that, do you know where you are?
Buy high sell low always.

>>8053356
Looking over the past year it's continuity going down; looks like a crash to me

>>8051809
Anyone know why KTOS share price dropped a whole dollar?

>>8053383
YANG is bear exposure on Chinese Markets. By buying it your betting Chinese markets will fall.

Anyone else get an invite to RH web today?

Alright Anons JD is a yay or nay for the quarterly?

>>8053469
china markets are going to hurt but this is china tech so it will probably be just fine

yay

Weed looking really decent today. Possible trend reversal in the works here.

>>8053469
Its a nyay

>>8053459
Oh shit I did

>>8053496
Nyan.

>>8053459
:(
FUCKING ROBINHOOD RELEASE WEB TRADING ALREADY

Post screenshots of charts please, I wasn't one of the chosen

Canopy pumping again. Bulls taking initiative.

AOBC

DO I HOLD THROUGH EARNINGS REPORT

NEED AN ANSWER WITHIN 5 MINUTES

>>8053459
Are you William Ray

>>8053623
Maybe, theres been a gun panic buy so that might help it a little.

>>8053574
They only invited the bulls today to buy the dip. Bear invites go out next week.

>>8053481
I'm trusting you... If I lose all my money it's your fault

>>8053735
im willing to take that risk

>>8053626
Yea I’m the retard that almost doxxed himself the other day. Thankfully there’s shitloads of guys here with that name.

>go to rite aid for the last 30 minutes of power hour
>come back and everything looks ok
thumbs up pepe the frog.jpg

Today could have been worse.

>>8053459
WTF
And I spent all that time using bluestacks and waiting for verification the hard way

Guys help, i lost 74 cents on an 80k portfolio today. This will recover right????

>>8053796
Advil is a hell of a drug.

Visa wint up 2% in after hours for a moment

>>8053829
IKR, I'M LITERALLY SHAKING ATM LOST $2 ON 250K PORTFOLIO WTFF

>>8053829
is this butthurt from people with $10 or is this a serious question?

Buy reversal guy here. I got greedy and held on to some stocks (against the rules of the model) and lost $5 when I could have made $9 earlier. Total loss of $14. I'll try again tomorrow

>>8053913
https://www.merriam-webster.com/dictionary/sarcasm

>>8053926
Please keep posting. I am curious about your results

>tfw F is ¢10 away from it's 52 week low

What's happening this month that'll impact the market?

>>8053960
I got rid of that shit 3 weeks ago, thank god

Daily I hope you bought the dip post

>>8053978
>not buying more
why?

>>8053976
Everything

>>8053960
F

>>8053926
Do you not set limit sells?

How did AKAM manage to close in the green?

>>8053960
I bought 150 shares at 10.24 Im major comfy

>>8053995
It hemorrhages money. The only reason I was in it was for the dividend. I locked in my div + the special div and got the fuck out. Better dividend plays out there in my opinion.

Steel tariffs are a redpilled move. This admin isnt cucking to China like everyone else.

>>8053829
Better eat the loss and average now.

>>8053976

Who else is up 4 days in a row this week?

Turns out i missed a one-cent change at the bell in one of my holdings and i actually MADE a whole 24 cents!!!!! Hashtag im rich bitch

>>8054120
Only only up three but made 20% in those three

I might short maricann tomorrow. This is the company that has two (former) directors under investigation for insider trading. It pumped hard during final hour for no reason and closed in the green.

I put an absolute garbage shit ton of money on Visa dip, I only have 1 cash position left

SWN giving me an after hours boner in an otherwise painful week

Lel the bounce only lasted two weeks.
Get your DOW 20k hats ready boys!

>>8054126

>>8054002
I do stop loss sells on rising stocks and ones that decline from the get go. I suppose limit selling would be best, or at least it'd stave off my FOMO

>>8053976

https://www.bls.gov/schedule/2018/03_sched.htm

Fed meeting the 20-21

There's that whole thing about spring and seasonal changes in the different market sectors.

There's that tariff and political crap that influences the economy.

Theres that WW3 happening that the increasingly nervous guy keeps talking about.

ALL IN UVXY SPXS LET'S GO

>>8053829
>lose 6k in 3 days on 100k
>no worries it'll bounce back

>>8054141
Nice

>>8053951
I'll be here!

>>8052762
I mean every fucking crypto just goes up indefinitely 1000x / day, so yeah, there's 0 risk, it's fucking retarded, fuck millennials who buy this chink manufactured shit, fuck retards who prop up >muh coin market, it is all fugeizi and needs to be regulated out of existence by the Fed

Unfortunately the Fed is too retarded to do this so crypto will just keep growing based off the average person's stupidity until it becomes systemically important, and the subsequent crash destroys the global economy

That will be the real joke-- the global economy rekt by fucking made up coins instead of, you know, houses that people actually fucking live in...

>>8054328
the investments banks stopped caring about politics and economics since early last year, they will pump the markets because they know in 15 years it will be worth double, thats all that needs to be known when building retirement accounts

>>8051949
>ge
>go up
lol ok

>>8054415
I dont know if youve been living under a rock or not but the crypto bubble popped this year and is still in a bear trend, all alts are scams that lose money because they dont have fiat pairs, seriously anyone still having a signifigant amount of money in crypto is retarded, gambling on volatility you could find elsewhere

>>8051949
buy all you can at $9 you dummy

what's the best place to get real time information about stocks going ape shit?

>>8052176
We're leveraged here retard, now get out.

>>8054415
I like you.

Oh fuck, where is the AOBC guy. Down 20%+

UNIT is a good long term hold. Cell towers in Latin America and pays a dividend.

>>8053623
AOBC -20%

>>8054532
Long UNIT, div fag

>>8054522
BUY. THE. DIP.

>>8054567
>>No dividend
It doesn't even show up on my radar lol

>>8054553
FUUUUUUUUCK

>>8054567
IM BUYING DAMMIT
scooped some at 7.35

but god fucking dammit im going to be bagholding for an entire quarter now while i wait for consumer demand to spike when the gungrabbers actually try to grabguns

RH web is just like the app. No difference.
>disappointed.jpeg

>>8053623
Rip

>>8054693
holy fucking shit

>>8054599
Someone said "dividends"?

>>8054644
If it keeps dropping through friday, i'll probably pick some up right before close.

>>8054693
They're going to ban the guns aren't they.

>>8054705
>earnings beat expectations
>another profitable quarter projected
>no short term debt

revenues fell year over year but THIS SHOULD HAVE BEEN PRICED IN ALREADY look at the fucking chart fucks sake people

who /doublingdown/ here?

>>8054693
RGR dropped 6% also. Keep in mind it closed up 5% today.

>>8054710
Are you seriously shilling some cryptofag scam to a guy who pays his bills with dividend checks? I couldn't be further from your target audience

>>8054771
>to a guy who pays his bills with dividend checks
How do I get to this point?

You have to buy shit that pays a dividend first.

>>8054818
Have a fuckton of cash invested in dividend paying stocks. Something most people here don't have nearly enough cash to do.

>>8054856
Well count me out then.

>>8054818
80k portfolio yielding 11.3%.

Everything I own is paid off except for my house, which I only pay $500/mo for a 3bed/1bath (new mexico USA), renting out one room for $300/mo.

Life is all about being on the right side of transactions anon

>>8054758
I dunno I got like 10 percent of the meme folio in cash right now. I'm not sure what I'm going to buy with it yet. Waiting to for Chinese civil war to cause their markets to crash.

>>8054889
You aren’t named Alvin by any chance? Cause I got an uncle living in NM who lives of of trading stocks.

Should we all make fake accounts on Chinese social media and post FUD about their markets?

>>8054930
Nah man, they call me White Mic

>>8054467
i made 100% on nano in the last month by buying at the lows. i fully expect it to go another 500% minimum.
you guys don't seem to understand the competitive advantage crypto has.

>pay 2% fees with credit card or bank
>pay 0% fees with nano
>payment is instant, peer to peer, anywhere on the globe.

or I can stick with western union which costs $10 and takes 1 day.

I also don't have to worry when the Federal reserve decides to print 1 trillion more USD tokens. The supply of nano is always fixed.

>>8054971
>>implying i don't already have accounts for the asian bitches

>>8054930
>>8054980
>tfw you find your uncle on 4chan

>>8054990
>Too risky with all the scam coins running amok
>Wallet system is a pain in the ass
>Trading platforms freezing withdrawals because they feel like it
These are the reasons crypto can fuck right off.

>>8054980
Kek. Either way, I’m gonna be like you one day. I’m determined to make it one way or the other.

>>8051809
>Be American
>Lose everything in Stock Market
>Have to sell everything and become homeless
>Get shot over food or drugs

>>8055024
It wouldn’t surprise me. He built a place in the mountains of NM about 10 years ago and moved there. Payed cash. He trades stocks and owns positions in a power company. That’s only what I know of cause everything is a secrect with him. I know he’s been a multi millionaire before. I also know he’s lost it all before too.

>>8055034
I got the money from binary options and a bit of FX. Gotta take some risk to get to the comfy level.


>>8054990
>>8055031

Trading on unregulated markets will get you scammed sooner or later, just hope you make it out in time.


>>8055036
Go away eurotard cryptofag, pic related

>>8055024
this pic

>>8055031
You forgot the most important one

>no government oversight

Biggest double edged sword ever. You have no control if your entire portfolio gets stolen, or your coins turn out to be worthless due to a ponzie scheme, or if your broker decides to just say "meh". There is no safety net, you are literally gambling, and the house isn't giving you free drinks.

>>8055117
>you are literally gambling
And people wonder why /biz/ is flooded with crypto threads. People love gambling, it is as addictive as any other drug. This board should be changed to /gamb/ Because hardly any real investing or business news goes on here.

>>8054990
Like I said... youre gambling on volatility

anyway I probably bought bitcoin before you faggot :v)

>>8055036
>be american
>have to bury all my guns cause they're going to take them
>stock market crashes, everybody else is homeless but I was able to keep my home because I did something retarded that ended up being profitable
>forget where I buried my guns because I was beyond drunk.
>some fag who had a metal detector finds my guns on my property
>get shot over my stash of home made alcohol

>>8055182
They aren't even true gamblers, most of em are just larping as gamblers lol. The only safe haven is /smg/, and some of yall are even a bit 'gambly' in my opinion too

>>8055193
i read about bitcoin the day it was launched. I had to choose between eating for the week, or buying. i chose to eat.
$2700? my average is $200.

>>8055308
Im satoshi himself

>>8055299
Yeah, penny stocks and crypto are two sides of the same coin.

I'm satoshi's dad, satoshi wouldn't even exist if i didn't fuck that 15yr old whore in the big five bathroom.

>>8055337
just for you fag

>>8055386
You have a whole board cryptofag, go away

>>8055386
Just remember to not be the last person to pull out of the ponzi scheme, but at $240. you'll probably never lose money, just lose gains.

>>8055407
trading hours are over

>>8055386
impressive bud

my very first bitcoin purchase here

>>8055386
nice image edit

>>8055438
I was trading these things for cocaine on silk road back when they were less than 20 bucks.

>>8054818
I have 26k in my account and I travel the country living out of my car

>>8055583
T-Terry is that you?

>>8055386
stick to your cointainment threads

>>8055640
i normally don't breath a word about it.
but trading hours are over and there's nothing to talk about. stfu faggot

>>8055625
nope

>>8055660
after hours buying for tomorrows swing. I just bought apple idk what else, I still don't trust the market but I feel like its finding its feet

>>8055660
Check this coin out faggot
https://killyourself.network/

MYO

>>8055696
i'm long american oil. trump just imposed tarriffs on steel but i doubt he'd do it for oil, right?

>>8054467
i dont own fucking any crypto because i bought drugs with it like 7 years ago and then forgot they existed till last march. i agree with this guy >>8054415

the reason i dont like crypto is that it is the OTC market on steroids. theres no fucking rules, most alts have absolutely nothing to them and decay constantly, and goldman sachs just bought poloniex or whatever that exchange is. and lets not forget about futures on bitcoin. lets face it, when goldman steps in, you know the jig is up. if i had serious gains i would be fucking hiding the shit out of them right now in fear of the most intense audit ever. or even better, use something relatively anonymous with buying power (XMR if i remember) to buy a bunch of things (something illegal and under the radar, like drugs etc) that you can resell irl and not pay taxes on.

that said, i think when china wakes up and sees they are at war with us, and start feeling the effects of the 1st american airborne short division, they will ALL flee to crypto simultaneously. but im speaking out of turn as those arent my markets

>>8056022
I agree, I'm curious how greedy some of the crypto traders are? For christ sake sell and get those legendary gains while the market is still free. For as many people that FOMO'd on crypto, there is going to be an equal amount if not more that are going to wish they sold, "during the good times.

JUSTED by the nips yet again
jesus christ, drops 700 points back to the bottom of the correction zone

>>8055583
kek this is so close to what i am, but i am even poorer

>>8056091
say it with me anon:

GLOBAL SELLOFF

So since you guys are talking about living off of dividends, at what financial point can I think about doing that? I have ~9k in my main investment account, ~3k in Robinhood, ~13k in the 401k, and 12k exactly liquid cash (the emergency fund, I'm absolutely paranoid of going under. At the very least it's in a money market with a 1.7% APY)

>>8056156
I think itll make a tail before open, idk If it will go lower but if it does... we are looking at a potential 19000 zone, which is good for me because Im buying

>>8056168
Be able to comfortably live off of 6%, whatever "comfortably live" means to you will determine how much you need.

>>8056168
50k in a total return dividend Etf

>>8056198
I'd do with my rent being fully off of dividends, so that's $1000 a month.

>>8056168
give it a couple years anon. honestly you should be happy you have a smaller account right now as you can make quick moves no fucking problem. try reacting to a day like today with six figures.

>>8056183
you talking about nikkei? or DOW? cause thats where i think the DOW is probably going to get. i mean, we were there only a year ago

who here about to /day trade the nikkei in 1 hour/
its friday in japan, things will be hot

>>8056219
About 200k sitting should do it at 6%, not sure what your 401k looks like if you have one haha. If you can push 10% yield, you can do it on a little over 100k. I'd suggest a cheaper rent to be honest lol

>>8056232
i hope you are going short anon. japan will no doubt be affected by this trade war (especially since they have to import fucking everything), and they almost always crash after we sell off like we did today.

those poor japs, always having to clean up after our messes

>>8056322
Im use my secret market neutral strategy, I dont lose

now, who do you work for that is making you spread these trade war nonsense posts?

>>8056361
>Im use my secret market neutral strategy, I dont lose
options?

and i guess we dont know for sure, and its mostly just the market reacting right now, but that in and of itself is a bad sign, honestly. trump said he wanted 25% tariff on imported steel and 10% tariff on imported aluminum. i know for a fact china is gonna get hammered tonight as they are heavily reliant on industry/mining and selling shit to us. trump just removed their best customer, and i can only imagine he will be taking it further at this point (ie hopefully renegotioate or abolish NAFTA).

dont know about the nikkei as i dont follow them too much, but i know japan imports almost everything, and they are our ally not the chinese. if i knew more i would tell you guys, but im just a poorfag that can into charts, and geopolitics.

>>8056361
also, what brokerage do you use where you can trade the nikkei?

>>8052898
Rekt

>>8056577
nadex

>>8056536
Its about the currencies, not the markets specifically, the market drop is just people risk averting into currencies like the us dollar or yen, which would be bad for the nikkei, but its temporary, there will be a bounce back because they are simply carry trades, this is a good time to place 1 buy, and one next week

>>8051809
Nice general haven't been to /biz/ in while

>>8056848
good luck then. im gonna watch from the sidelines. ill send you some of my memetic energy

>>8056848
Nice nadex, thats where I made my chunk of cash that I invest with now

If the chinks all sell off will that continue into the european and american markets again?

>>8056920
i know its fucking surprising given the rest of the board. i guess all the pajeets here are simply shilling for crypto and dont have any interest in equities.

>>8056965
whats the commissions like?

>>8055386
still kicking myself for not getting at that price point.

>>8056991
2%, 1% on buy and 1% on sell or expiry

>>8057008
>>8056991

It's binary options btw

yeah the crypto shilling got crazy on here last year. i primarily trade options but i like to shit post about /biz/ness and the markets

>>8057008
holy shit. is it liquid? like can i pull money out whenever no problem? i use schwab because they reimburse all atm fees everywhere in the world, and i move around a lot and use some of my gains to live my minimalistic existence. but schwabs commission is simply too much for my shorter term trading style. and their trading platform is pretty wonky

>>8057091
Absolutely liquid. Be careful with binary options tho man, its a bit gambly

USA only, just in case you are overseas. Its the only binary options platform regulated by the SEC.

https://www.youtube.com/watch?v=fm2mlT7q7mY

Buy RIOT

>>8057149
thanks for the tip. definitely lookin to get into options with my smaller account. and the percentage based commissions sounds sweet

>>8057185
Just remember, binary options =/= regular options. It's a bit different. I'd suggest practicing with paper money first. Nadex will give you a 25K demo account to fuck with, i'd take advantage of it

>>8057221
will do. my whole life is basically based off of risk. i actually try to stay a bit on the safe side in my trading.

>>8057301
I just used risk to get myself a comfy stack, now i live off of dividends so its all ultra low risk