“BEARS aren’t here” he thought. “I’ve never been in this neighbourhood before, but there are no BEARS anywhere”. The cool wind felt good through his thick voluminous mane. “I HATE BEARS” he thought. The Only Way is Up reverberated his entire car, making it pulsate even as the Diet Coke circulated through his powerful thick veins and washed away any (unmerited) fear of bears in the markets. “With a printer, you can make the markets go anywhere you want” he said to himself, out loud.
There's so many niggers here suddenly And spics And Russians/Lithuanians? How do I short a town?
Daniel Wood
Not too late. I bought 500 shares of Citi and it went down to close at $58.86. Even if it goes up pre-market you can still get it for $60. Should go to $80 easy. Though I'm not sure when or I would have bought calls.
Easy come easy go. If you can swing from 500k to 1m in days you can lose it in minutes.
Eli Jones
>16x leveraged
why do people do this? hell, why are people ALLOWED to do this?
Levi Gomez
>why do people do this speedrun retirement any%
Mason Mitchell
Oil is swinging back up same with finance but real estate is biggest gainer.
Ray Dalio is the best hedge fund manager alive even though he’s retired and just on the board. He is smart enough to explain very complex ideas in a manner that’s understandable to a 5th grader.
John Scott
I know that you both don’t gibe a shit but ill share it: i bought citi at 45$ and was planning to hold. I was waiting for a crash to happen any time soon so i sold @50$ for 12% profit despite my dad advising me not to.. Next day it hit 60
Benjamin Bennett
Estimates on how high RDSb and XOM is going Monday?
With a low margin broker like Amp Clearing you can get 30 or 40x leverage in the futures market. Wheeeeee!
Nolan Thomas
What do you mean "anyone remember this"? That shit is common knowledge. Traders always trade risking a certain percentage of their portfolio and the more money you have the more money you obviously make. The thing is though, you don't need to actively trade when you have a free million to trade with.. you can simply invest it to reduce overall risk and only trade with 3-5 futures contracts instead. One single point on the ES with 3 contracts is $150, so if you caught the pump from 3132 on Friday and sold at 3200 you would have made roughly $10k in 4 hours. It's ridiculously easy for professional traders to make money if they have enough money to trade with. Also, that pic is dumb
Levi Cook
there are dips and rallies every day, user. intraday. a game so fun that i rarely even play actual vidya anymore, i'd rather look at charts and try to see the future through analysis.
Jonathan Ross
I don't know what bothers me more about this post. That it is 11% gains, not 12% or that I made a 44% return on the same rise with a call option.
Eli Campbell
>XOM What is oil doing? Didn't Russia and the Saudis extend the cut?
>What do you mean "anyone remember this"? There was a pic that was posted on this topic.
>Also, that pic is dumb You must be the next slide where one of the words is replaced with drugs.
Blake Gutierrez
Yeah OPEC agreed to extend it today, I just don't know how much that is expected to effect the market. I dunno if we are talking fucking moon mission levels or if we just get an extra 3-4%
Evan Adams
Oh you were looking for a pic? My bad
>words is replaced with drugs. Nah, I don't do drugs. Tried cocaine once like 3 years ago, that's about it
Samuel Gray
I would say given 4% Friday I would expect 5% Monday.
Then picture whatever you think will make you happy, but really won't.
Debating selling off some or all of my VDIGX to buy more shares of STOR and XOM.
Justin Brown
does it matter? financial education especially from people with a proven track record is never a waste. never read the book but generally speaking, especially from someone who is known like ray dalio is, you're sure to learn something new. idk what that will be but who knows.
personally i like Chat with Traders a lot, it's a podcast so it's not a book but i like hearing about the lives and strategies of successful traders in general. you can learn a lot by hearing their different perspectives. i'd say give it a listen and cherry pick what you like from it and discard the rest.
kek, I make shit (27,000) yet I'm just 20,000 away from having 100,000 to my name and I'm only 37 years of age. Thanks to having very little debt and our virus friend I'll be closing that 20,000 gap very fast indeed. Actually my total worth may be more cause I've not gotten my 401 statement in for the quarter yet nor looked at my pension balance for a long spell.
Grayson Torres
>long term treasuries are hosed. Do TQQQ:VIIX 85:15 instead Long VIX is full retard. Even through the aftermath of the GFC and years of ZIRP, TQQQ:TMF would have kicked ass and taken names
Ian Anderson
give some tips man, what are you rooting for these days?
Aaron Campbell
>I'll be closing that 20,000 gap very fast indeed how are you making sure you don't lose 10 - 20k?
