Nah, once I reach my goal I’m done daytrading. I’m not looking to start a fund or become a professional trader

i literally say this word for word to bros and girls and it really helps get it through to them tbh
So basically what the fraud is saying is nobody has reached their goals in trading the stock market. Go get a job lmao
One of my friends is an investment banking a***yst, works for Goldman Sachs. He has a PhD in Neuroscience, they said they wanted his skill set. These people are way over your head, they dissect the market and what types of trades people will make based on how the human brain works, creating models and AI that can predict when people decide to buy and sell. Someone getting paid 6-7 figs to make trades is going to spend a lot more time and resources strategizing than someone on a Hip Hop forum who is looking for a get-rich-quick scheme. Martin is saying these are the people you are competing with. Just because the game is open doesn't mean you're on their level of skill.
The best investment is moving up in your career so you can have way more disposable income that you can invest.
Why do you even bother typing that stuff? Anyone new who is still trading options in that manner in 2022 will lose their money anyway and that's a better lesson than your uncle who works at Nintendo
Why do you even bother typing that stuff? Anyone new who is still trading options in that manner in 2022 will lose their money anyway and that's a better lesson than your uncle who works at Nintendo
bro
Speaking of bubbles, how about the people that passively put their money in ETFs because it's "guaranteed to go up" lol
Once the music stops it'll be interesting to see the revaluation on actual SPY / QQQ components
The everything bubble exists and your pedantic view of investing is a meme in itself. Jack Bogle is dead
The crypto projects we advise people here in this thread to go towards are actual businesses or have some form of protocol that could create profits/revenue in the future... much like a COMPANY without all of the useless overhead
No one in here shilling NFTs. If anything we discourage this type of behavior
The dismissive attitude on alternative investment is the reason you'll NGMI
I think it's time to start shorting again, maybe
that means I will do the opposite
I think it's time to start shorting again, maybe
my favourite trader has spoken
I think it's time to start shorting again, maybe
how'd you time the bottom like that
the problem with the world view of just buying Index funds is that it assumes the world is going to be exactly the same as it has been for the last almost 40 years of low inflation which means stocks go up forever but just cause something happened for 40 years doesn't mean it will be that way forever
globalization and cheap energy fueled this low inflation which could be reversing
to the boomers 40 years is most their adult life so they know nothing else
there have been plenty of lost decades in equities before, if you happen to retire at the wrong time you could be f***ed
index funds and blue chip stocks aren't a bad investment but they aren't a sure thing like many assume, probably better to diversify.. the big Indexes are so heavily weighted towards blue chip stocks it's basically all you own
in periods of stagnation not high inflation gold has done very well, usually alternative asset classes do (bitcoin)