Tfw bought the dip hard during the plannedemic

>tfw bought the dip hard during the plannedemic
>tfw 23% return on my investment

How are you stonks looking, bros?

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Wow 23% returns 23% of a $100,000 investment max is still only $123,000 stocks are a rich mans game. Trade foreign exchange instead if you have low capital.

>Trade foreign exchange instead if you have low capital.
This is why you are poor
You are hoping to get rich quick

>stocks are a rich mans game

I am a rich man, though.

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I’m not poor. I have no idea why you made that assumption. I’m a former professional IB market maker I’ve traded every derivative under the sun whether it be commodity, currencies or equities or even bonds from vanilla to exotic. I can tell you currency fundamentals are much easier to trade than stocks. You aren’t ever going to get rich of stocks. To many retail investors with inside information. Well done you brought at the bottom of a technical correction which was a 50/50 prediction you’re hardly Warren Buffet are you.

$23k is enough for a downpayment/closing costs on a piece of real estate. In 3 months this guy can add another door to his portfolio just by pressing button

coping jelly poorfag

>wow you only earned 23k in two months doing almost no work, the equivalent of 138k a year

Post your bank account then mate let’s see how rich you are. Back up your talk.

I've made around 75% return....all luck on penny stocks. I'm fucking nervous I'm gonna lose it all though....I usually scan for upcoming earnings and high volumes....check technicals really quick and jump in and pull out before the earnings call. Good strat?

You bought alongside the dumbest and financially illiterate people in the market

>Pro tip

You're going to lose it all in the next 3 months

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Held my ground during the entire event and I'm back in the 7% YTD return range. Kinda regret missing out on the dip, but then I really didn't have any side cash to invest anyway.

You probably didn’t even invest $100,000 I don’t believe you had that amount of capital more like $10,000. You profited minimally of a once in ever 10 years markets event. Pathetic. I was market making about $8,000,000 worth of trades for hedge fund clients in London a month in the build up to 07/08.

same OP

Looking comfy at all riots while seeing my stock gains.

> Trade foreign exchange instead
> he doesn't know FOREX is negative sum game

lmao

Bought my first ever shares a few weeks back

20% employee discount in a capital increase where I work (oil n has supermajor).
Bought 5k€ worth, didn't want to go crazy (could've done 10k max)

Up 35% for now, plan to sit on them for 5 years and collect muh dividends

Bought a bit during the dip (went from 20% cash to 15% cash).
I'm up for the year and up almost $300k from my low this year. Feels good desu.
> t. poor man
FX is pure gambling for 95%+ of retail investors. It's extremely difficult to beat FX long term. Pretty much impossible if you don't do it full time AND are extremely skilled.
The expected return (risk free rate + erp) is positive for stocks which is why you don't have to be rich or rainman to buy stocks. Just buy and hold if you don't know what you're doing.

Buddy I’ve probably forgotten more about foreign exchange derivative than you know. But since you’re going to get mouthy tell me how you’d go about go about pricing a forward option using stochastic calculus I’ll wait.

This guy fell for the forex meme kek

ITT: Poorfag copers

Thanks for the dip

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>Already own sotck in Disney
>Thought about buying when they hit $100/share
>Now up to $120
I would have done it but I don't see them being profitable long-term

> But since you’re going to get mouthy tell me how you’d go about go about pricing a forward option using stochastic calculus I’ll wait.

> options

Sorry, not a degenerate gambler, buddy

That’s a load of bollocks the most popular currency pairs have the same level of liquidity and implied volatility as stocks. Most people can’t afford to trade stocks in any significant amount of volume to make big money anyway.

Never claimed I was wealthy, you did, coping & jelly poorfag. I'm 27 with around 400k net worth. I don't even consider myself remotely wealthy. I can guarantee everyone here you are poor, as you seem to be upset about someone celebrating making 23k.

Bought a variety of shit for approx $30k
Now it's all at $42k
Easiest money of my life

up 240% in a couple of days because of GNUS

You’re just an arrogant idiot. Got absolutely no idea whah you’re talking about probably one of those stay at home idiots who’s never taken a financial mathematics course in his life. What do you think all the professional fund managers use they use options and forwards. No point in talking to someone who’s clearing never been exposed to the financial industry or even has any financial education.

You don’t have a 400k net worth stop lying to yourself.

I'm up 78% with TSLA. I didn't buy at the lowest low. Wish I'd put in more. Going to hold it long term.

I wonder about day trading though. Aren't your taxes an absolute bitch to do because you'd have so many buys and sells to log? Or is that pretty well all handled for you and imported automatically these days?

cope

My return so far is in thousands of percent. keep coping, options gambler deggie

Yeah defiantly I fell for the forex meme just like all the professional fund managers in Wall Street and London who use investment banks to market make currency options and forwards.

Buying cheap with dividends really have my portfolio a boost. Bought a nice position in a Nasdaq ETF when it bottomed out so that's way up.
I'm also up 51% on a mining stock in the last 4 months so that's cool.

No it isn’t stop lying to yourself.

The market is a bear trap right now lol.

I hear the dollar is going to dip a bit soon, is that right?

I only buy $appl for the past few years

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27% for me. I put all my Jacindabux in the US market LOL

cope

You sound like a fuckin tool who takes himself way too seriously

I've seen guys like you on the District and Jubilee Lines. Not as awesome as you think you are m8

Hehe watch it stop RIGHT NOW because I'm buying some

Ad hominem. Try better next time Pierre.

>My MGM is finally turning a profit.
>Good hold on Pharmacyte, waiting to kick
>Everything else is cash trades on ETFs daily, making me a few hundo here & there

Shits great, but its futile.

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Brainlet here

tired of being a wagie poorfag and want to empower my people through power and money.

How do I get into this jew game of stonks?

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ok, check this

You now how much I started with in 2013?

6000$

so keep coping

>no denial
Interesting
Bet you can't wait for Christmas to blow your millions in bonuses on high end slags

lmao happens to me all the time too

>invest 10k
>get 2.3k for nothing
huh

What's ETF?

seeing a trend of Zig Forums finance threads. finally glad people realised you need MONEY to do shit

2020 has been my most profitable year on the boomer markets by far, 40%+ in a few months.
nothing will come close to ethereum 2017 or chainlink 2019 but its been good fun seeing laughing at stonks.

it still blows me away after so many years of AI driven autopilot growth and state sponsorship theres still people who arent making any money at all on the markets, especially in the UK were spreadbetting is tax free, theres still brainlets out there who havent realised the whole thing decoupled form reality in 2008

I never said that wasn’t good return for a small amount of money invested. I encourage anyone to invest and have a go but to try a LARP as so genius because you were on the right side of a 50/50 guess is laughable.

Our streets are on fire and we’re at 40% unemployment, and yet the stock market soars. I fucking hate Wallstreet.

My index fund shares are up 21%. I'm buying options as well and planning on hitting a payday with at least 1000% returns on some

> most popular currency pairs have the same level of liquidity and implied volatility as stocks
So? The expected return is still zero (negative when you take spreads and fees into consideration). Retail investors have no chance of beating algos and funds that spend tens (if not hundreds) of millions on research and modelling.
> inb4 'b-b-but I made x% last year'
It's called variance.
> Most people can’t afford to trade stocks in any significant amount of volume to make big money anyway.
That's the kind of mentality that will keep you poor. No, you won't get rich over night, but 6-8%/ year adds up over time because of compound interest.
If you're smart enough to beat FX (you're not) then money shouldn't be an issue anyway.

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I only made 15% because I was to scared to go all in!

>23% compounded regularly makes you poor

Hoe broeder? stocks?

Exchange traded fund.
like a mutual fund that's traded like a stock. Lower fees. Good stuff, I'm invested in 2 and just started my son on one. He's just turned 20. Gonna be loaded.

15% in crypto. I dont fuck with stocks.

The stock market is just gambling with more cheaters. Remember that every trade has a buyer and seller, there's no guaranteed profit and way you will get rich for free. Holding cash however, is also still a position. If you want to make money either get your hourly rate up as a wagey (mine is 95 an hour and I consider it bad). Or get rich with other peoples' money.

Personally I would only recommend reading Nasim Taleb's books.

I got a 83% return in Pen virginia corp. Got loads in oil, its been doing well for me.

Fag

You are a degenerate white collar gambler that has contributed nothing to your community or your country

and I'll buy the dip again as I'm betting against the US collapsing
So unless the US completely collapses in which case money is worthless and you should be shopping for bullets you're basically guaranteed to get your money back.
these times are when the new class of millionaires are born

Sounds jewy, like an MBS or something.
Not sure I have the stomach for this fairyland money stuff.

I get sweaty when I think about how I don't actually have any money in a bank somewhere it's all just numbers on a server

Welcome to /pol, where everyone is a 24/7 dank meme shitposter and a smart wealthy investor making seven figures in his twenties all simultaneously

Ik ben aan het werk als programmeur sinds ik 19 ben, als freelancer in Amsterdam kan je rond de 110 Eur per uur verdienen en wat je daadwerkelijk doet is gewoon een 40 uur in de week baantje als de rest van Nederland. Uit aandelen of crypto heb ik hooguit 60k ofzo.

>Sat on £200 large
>Can't wait to snap up a cheap house in the meme virus
>Banks freeze prices
>Minimum deposits raised to 15%
>Prices go up 20% in 2 months
>All the time estate agents are closed with frozen client books
Seems legit
Going all in BTC fuck clownconomy

Yea I told him as much earlier

I cached out all my crypto just before it tanked.
Trading it was a blast. I'd lay on the couch and swing trade all day. Taught me a lot about trading because in one day I'd trade more than I do in months on the stock market.

I’m homeless with $50 and can cope like almost no other

Enjoy the incoming crash that will be bigger than the depression when the markets realise the scale of job losses and loss of consumer confidence.

I'll enjoy my gains from the 50x leveraged short positions I've opened against the Dow and FTSE with £20k margin.

Cool, numbers in an excel file. I bet you drive a Bentley and fuck super models as well...

110 per uur oef, ik tik net de 53k p/j aan met mijn baantje.

Aandelen gaan redelijk dus ik hoop in ieder geval voor mijn 50ste de hypotheek te hebben afbetaald.

fuck Amsterdam overigens.

>well work on changing that flag of yours first and maybe you too can experience fiscal independence

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looking great thanks, I too secured a 25% profit on every single trade for literally months

You got it

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32% return bought big on blooming brands fucking love this clown world

>Sounds jewy, like an MBS or something.
Pick an ETF from a reputable company that mirrors the Nasdaq or S&P 500 and you're going to be as safe as you can be.
Even Warren Buffet has recommended investing that way.

great work, boi. remember: no student loan interest until october. you can direct payments to cover specific loans. target all (((unsubsidized loans))) first. :)

I don’t know about going short.
Central banks have much better grasp on the financial system and they’re loading everyone with cash this time. Banks are lending to everyone who asks for liquidity, unless the real economy crashes hard and businesses go bankrupt en masse, it’s impossible to have great depression 2.0. The financial system is kept alive this time.

This

Direxion has'nt been as good as it used to be lately, but Its a solid basis to learn how ETFs behave.

so play that thought out to its conclusion, the whole thing is no representation at all of the real world.
theres 2 economies at play and in a sense there always has been, the labour/time economy has no correlation at all to what we've seen over the last few years in the boomer markets and the hyper unreal crypto world.
from there decide what you want to do, by all means ignore it but the markets fucking trying to give you money, not everyone wants to take it.

>not trading options
Come on, bro.

17% Return so far.

I'm gonna pay off my car.

why? Are they gonna fuck up more Marvel and Star Wars crap?

You don't seem to get that it's beyond retarded to be trading foreign exchange if you're NOT extremely smart.
Retail investors SHOULD be investing in stocks EVEN if they aren't very smart because the expected return is positive. The expected return is negative for foreign exchange.

I didn't buy anything lads, I thought it was gonna dip harder throughout summer but I probably fucked up

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>fuck Amsterdam overigens.
Ja

mooie cijfers

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based. imagine being black right now. you have great opportunities to guarantee yourself huge investment profits, massive loan forgiveness, direct $1,200 payment on top of your tax returns, community grants and favorable loans coming out the ass, and you... riot and steal chinese-made consumer discretionary goods

40% off of 20k

Literally free money. Can't go tits up. Just know when to sell.

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Would have done the same, but had no seed cash :(

>be me
>invest 250 whole dollars into Robin Hood
>mfw now i have three hundred and 80 dollars

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T-thanks, cousin

Stocks only go up. There has never been a bear market that lasted over 3 years. Stocks. Only. Go. Up.

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I have invested 60K€ have now 100K€

was a successfull pandemic for me

invested $2500 not even at the lowest of lows and am up to $3420 rn feelsgoodman

invest what you can afford on a regular basis. you gain the advantage of dollar-cost averaging and will come out ahead. it's literally impossible to fuck up if you buy a total stock index fund every week and do nothing else.

Still waiting for the second covid dip.

>ib market maker
Can't break into a buy-side MM?
Plenty of firms in London hiring right now. You have to pass this interview though.

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up like 10% since you said this

Oh shit, I'm on Zig Forums now.