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/biz/ - Business & Finance


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16275821 No.16275821 [Reply] [Original]

Hey finance student here,
just wanna let you know:
-day trading is glorified gambling
-crypto is glorified gambling
-fundmental analysis is a meme
-technical analysis is a meme
-if you react to news youre an idiot

>> No.16275932

they teach you none of those things in a finance degree

>> No.16275946

>>16275821
You are a stupid nigger

>> No.16276041

>>16275932
>going to cheap and unknown schools
topkek

>> No.16276276

>>16275821
>financial student
>ZERO experience in trading and investing
AHAHAHAHAHAHA kys

>> No.16276318

>>16276276
day trading =/= trading =/= investing

>> No.16276332

>>16275821
Hey Coomer here,
- everyone with two brain cells knows this
- you can still make money if you're not a retard

>> No.16276359

>>16276332
>you can make money with slot machines if youre not retarded
???

>> No.16276378

op sounds mad he's flunking out of finance school, so he's taking it out on us:(

>> No.16276385

>>16276378
sadly top 10% of class

>> No.16276394

>>16276378
this whole board is cringe and needs a rename, it triggers my autism pretty hard

>> No.16276399

>>16275821
If day trading is gambling then how can tim sykes do it consistently over several years and always make profit

>> No.16276403

>>16276385
You sell that at interviews? That's a shit sell OP. You're gonna need a better sell OP.

>> No.16276409
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16276409

>>16276359
>he doesn't know these particular slot machines have a negative house edge over the long run

>> No.16276415

>>16276399
>one person
surviver bias, if tons of people try one person while have a have eventually a positive outcome. nothing special. good for him but nothing more than a glorified gambler

>> No.16276423

>>16276403
usually giving them my grades when applying obv

>> No.16276432

>>16276415
Literally by the fundamental definition of gambling he would not be able to make consistent gains if it were chance.

>surviver bias

there is no bias
at least one person has figured this shit out which means it's skill based and not luck based. How can you not comprehend this

>> No.16276435

>finishes first semester of uni
>not living with parents any more
>suddenly know EVERYTHING!

>> No.16276442
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16276442

>>16275821
Did your Masonic "degree" teach you that this is a slave planet and the Rothschilds work for aliens, nigger brain?

>> No.16276457

>>16276432
expected gains*
statistical outliners are possible
you could technically make millions of 50/50 gambles but it would be highly unlike but if you increase the sample size you will have those outliers eventually

>> No.16276460

>>16275821
this post reeks of Freshman

Probably like 95% of /biz/ has more experience trading than you, Zoomer. Stick to your books lel. Maybe you’ll learn something useful in your next summer internship you fucking faggot nigger.

>> No.16276466

>>16276432
You don't understand survivor bias

>> No.16276468
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16276468

>>16275821
>crypto is gambling

And

>> No.16276479

>>16276466
>Survivorship bias or survival bias is the logical error of concentrating on the people or things that made it past some selection process and overlooking those that did not, typically because of their lack of visibility.

So how does it not relate to what i said?

>> No.16276489

>>16276468
no skill envolved, pseudo "traders" thinking they do smart things when in reality they are just gambling

>> No.16276495
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16276495

>>16275821
gtfo normie

>> No.16276642

>>16275821
Didn’t read
Not selling
Sage