/biz/ - Business & Finance

[Anonymous No.15736762]

Want to start trading bonds

how do I get into it?

[Anonymous No.15737029]

Get 10k and look for a prop trading desk

[Anonymous No.15737221]

>>15737029
As a job? I have 10k easy

[Anonymous No.15737226]

>>15736762
Why would you want to enter a market that is no longer a market due to fed money printing and pension fund purchasing obligations? Good bonds: over-bought and have non existent returns. Junk bonds: still over bought because of yield seeking and excessive institutional credit, probably going to be wiped out in the next recession.

[Anonymous No.15737237]

>>15736762
You don't. You have no edge and never will. I don't know why you guys all seem to insist on asking some variant of "how do I trade?" time and again. You hear the 95% of traders fail figure repeated again and again. Do you fucking realize how insane that is? Think about that in other contexts. 95% of the people who go to this gym end up in worse shape 1 year later than when they started. 95% of the people who go through this med school fail to ever become physicians. 95% of the people who eat at this restaurant get sick.

The reason 95% of traders fail is because there are structural issues with modern markets thanks to technology and collusion between regulators and a minority of market participants. Repeat that to yourself as many times as it takes for it to sink in. These are not the same markets people were trading historically. There aren't any good prop firms left. They're all making money through "education." There aren't any "Market Wizards" left, they're either doing the same as the prop firms or have hired legions of programmers to get them on board the corruption train.

You have a better chance of starting your own non-trading related business, you have a better chance of becoming a heart surgeon, you have a better chance of getting into MIT after several attempts, you have tons and tons of opportunities to actually be successful. I would go so far as to say you have a better chance of becoming a successful professional poker player than becoming a successful trader. Crypto markets and non-U.S. markets are different for now, but it's inevitable the corruption will spread all over. Turn back before you light huge amounts of time and money on fire.

[Anonymous No.15737260]

get a time machine back to the 1980s and go to an ivy league college

[Anonymous No.15737269]

>>15736762
>buying toxic IOUs going into a recession
I want you to make it anon but the odds are not in your favor

[Anonymous No.15737282]

>>15737237
Cope. I'm down several hundred thousand but I feel I've really got the hang of it now, you probably lost 10k and gave up like a pussy

[Anonymous No.15737322]

>>15737282

bro

[Anonymous No.15737352]

>>15737237
>I would go so far as to say you have a better chance of becoming a successful professional poker player than becoming a successful trader.
Surely getting into MIT is harder? I'm not sure being a pro poker player is harder than becoming a professional trader.
t. has lots of experience in this regard

[Anonymous No.15737367]

JUST BUY THE DIP

[Anonymous No.15737395]

>>15737282

dude...

[Anonymous No.15737397]

Shaken not stirred

[Anonymous No.15737403]

>>15737282
nice larp faggot

[Anonymous No.15737454]

>>15736762
>Want to start trading bonds
Why? CBs have the game tied up.

[Anonymous No.15737457]

>>15737282
I'm guessing you're masterfully trolling there, but if you aren't that's good that you "feel" you've got the hang of it. You should take that intuition and disregard for actual performance data that would objectively tell you "you've got the hang of this" (or more likely that you don't) and bring it to the casino to sniff out all the machines that are about to hit. I mean, think of how many people put money into them before you. Anon is due for a jack pot!