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/biz/ - Business & Finance

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54552751 No.54552751 [Reply] [Original]

>just opened a fidelity brokerage account
>percentages and random numbers
>graphs
>words I don't understand
My brain is melting. All this finance mumbo jumbo may as well be black magic. Imagine a finance major being tossed into an organic chemistry lab. How do I being to unravel this shit

>> No.54552789

>>54552751
It was literally easier to open a bank account in another country, link it to the domestic bank account, wire it to a foreign exchange, buy Bitcoin, and also mine it, download Tails, and get on Tor and the darknet back in 2010 than use their boomer stock tools in the current year.

>> No.54552830

It is the only way to learn. Your next step will be to lose 30K making stupid mistakes. Never paper trade. Consider losses your "tuition". In the end you will come out ahead. This can't be taught in college. Otherwise the professors would be billionaires.

>> No.54552836
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54552836

>>54552751

sit down, we have to talk

>> No.54552980

>>54552830
>lose 30K making stupid mistakes
I'm only transferring 1k to start out with so I don't do something stupid like that
>Never paper trade
looked it up. Supposedly a simulated trading tool. How is this bad? It's basically practice trading
>>54552836
I'm listening

>> No.54553325

Start with the Greeks

>> No.54553358

>>54552751
to a sufficiently low enough IQ, any advanced concept appears as magic

>> No.54553628

>>54552980
>How is this bad? It's basically practice trading

Without having anything on the line, you will trade differently than you would when it actually matters.