/biz/ - Business & Finance

[Anonymous No.15663970]

Who teaches investing better?

[Anonymous No.15663986]

>>15663970
biz doesn't know shit

[Anonymous No.15664904]

>>15663970

Teaching investing is a bit of a stretch. It's enough to get you motivated to study investing but you can finish his entire youtube investing playlist/course and you won't even know the fundamentals of investing.

[Anonymous No.15665061]

>>15664904
Theres like 20 episodes though most are 2 hours too.

[Anonymous No.15665091]

>>15663970
whats he thinking right now /biz/?

[Anonymous No.15665097]

>>15663970
>Who teaches investing better?
What type you interested in?
Value investing?
Mohnish Pabrai
https://www.youtube.com/user/mohnishpabrai/videos
He's been compounding at 26% for 20 years and is friends with Warren Buffet
Options
Learn to trade options form ex floor traders
https://www.youtube.com/user/tastytrade1/videos
For general investing I listen to actual money managers
Learn from actual money managers
https://www.youtube.com/user/OpalesqueTV/videos

Who do you listen too?

[Anonymous No.15665109]

>>15665091
>whats he thinking right now /biz/?
shouldn't have stolen that money of course

[Anonymous No.15665147]

>>15665097
I'm not sure friend. Mostly shkrelli but I know of good books such as the intelligent investor. I am interested in it all. MOSTLY day trading right now. Where can I learn this? I know MOST lose. But still.

[Anonymous No.15665155]

>>15665097
I dislike tastytrade. They convey information poorly, often just throwing formulas at you with little explanation. I also find their small-talk extremely distracting, many of their 20min+ videos don't need to be that long.

Optionalpha is alright.

[Anonymous No.15665186]

>>15665147
>I am interested in it all. MOSTLY day trading right now
Why did you chose this style?

Chat with traders is good to start so you can learn what style matches yours.
https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg
https://jackschwager.com/ market wizards will also help.
Step one is to find people with a style you like.

Mine is multi day-month swings where I make multiple on my money. see pic 300% in 30 days

>>15665155
Each to there own I love tasty trade because their trading style and personality is like mine.

[Anonymous No.15665220]

>>15665186
I am incredibly interested in the economy, learning, and businesses. And I hear despite being incredibly risky. (90% losing money) I believe I have the will to learn. I have no money so I can't invest anyways. So I plan to study investing anyways.
I don't know about investing that much.

Is day trading incredibly risky but incredibly lucrative when people profit? Do they make the fastest amount of money? I hear about people making 1000k+ in a day.

I want to make as much money as possible fast. That is why I am interested in day trading mostly. But I have not decided anything.

How do you meet/find other traders?

[Anonymous No.15665357]

>>15665220
>How do you meet/find other traders?
Just watch the channels I gave you earlier and you'll increase your knowledge very fast.

It's a skill, but a skill that scales. trading more contracts is just adding more zeros. my best trade went up 4400% second best 2600% now that I have the skill I am increasing my trade size.
I started with zero, you could have money in 401k, IRA you can trade with.

>I want to make as much money as possible fast. That is why I am interested in day trading mostly.
This money fast is a dangerous instinct I would work on that. This is a skill. You should focus on learning the skill fast. The first thing is to find a style. Mine is to do a lot of research and then do trades that can go ballistic.
You also could make a lot of money scalping making 5% here 10% there. I do that too.

I recommend you get robinhood and put on 1 trade. It'll get your mind engaged. My first investment was 1 silver coin I got raped on! Then I kept learning and now hold 6000oz with low fees. It's a fun side hustle to have.

This board covers options trading in detail
>>15604905

You got other questions.

[Anonymous No.15665401]

>>15665357
Are you rich? Can I get a rough ballpark you sound smart.

I understand that being to eager isbad. I mean what is the most profitable form of investing in the shortest amount of time? I don't intend to get rich today or even this year. But a skilled investor which is why I asked do day traders make thousands of dollars a day? I understand the risk is high but I meant pros and what style of investing is most profitable. Can you answer that? Sorry if dumb question. Why do people day trade if most lose money?

[Anonymous No.15665475]

>>15665401
>Why do people day trade if most lose money?
Because they want to make money like you do. Most lose because of overtrading, psychology and the dynamic nature of the markets.

The outcomes have a power law distribution. A few people make all the money. Be one of the few.

>do day traders make thousands of dollars a day?
A guess some do? It's about % returns on your capital base.
So have you downloaded robinhood to your phone?

[Anonymous No.15665494]

>>15665475
Not yet. I feel like I don't know too much and will loose. A LOT. But I will look into it.
>>15665475
Can you explain to me why someone would day trade though? Like what is the pro? Sorry I am very uneducated. When there are safer ways to invest?

Apologies again.

[Anonymous No.15665514]

>>15665475
>>15665475
>>do day traders make thousands of dollars a day?
>A guess some do? It's about % returns on your capital base.
>So have you downloaded robinhood to your phone?
So day traders. Iirc trade in short periods often days. Even hours. This seems to be among the fastest and most risky way to invest. Is this right? Due to the nature of it.

[Anonymous No.15665645]

>>15665514
>So day traders. Iirc trade in short periods often days. Even hours. This seems to be among the fastest and most risky way to invest. Is this right? Due to the nature of it.
yes that is right