/biz/ - Business & Finance

>>15609265
GET THE FUCK OUT NIGGER FUCK YOU KYS
NIGGER
NIGGER
NIGGER

Turn around and leave
or lurk 5 years before you post and wait another 3 years before you make a thread faggot larper

>>15609273
>>15609284
Pretty much the initial expected responses. Took some losses today I assume?
Anyone else have something more constructive to say?

>>15609295
YOUR ID SAYS JEW

FUCK YOU KIKE

>>15609265

>>15609311
A good omen, hopefully, Jews are infamously excellent with money.

>>15609265
>>15609265
>>15609265
>>15609265
>>15609265
GO BACK TO REBBIT FAGGOT YOU DONT GET TO POST YOUR GARBAGE HERE JUST FUCKING READ ONLY OR GET THE FUCK OUT YOU ARE RUINING TO BOARD JUST BY BEING HERE YOU NEWFAG SCUM STAY POOR

>>15609327
https://www.bogleheads.org/wiki/Getting_started

>>15609265
are you looking to invest for short term or long term?

>>15609346
I’m financially stable, if not outright ahead of my peers money-wise, and wish to continue such a trend by being proactive with my excess funds.
Though, perhaps you have a point. I feel like not many Wall Street Wolves would seek proper advice here, of all places. I only poised my initial question from a more curious standpoint. Just casting a line to see what would bite. Results are expectedly disappointing.
Keep at it though! You’ll get there soon, I’m sure.

>>15609369
Thank you.
>>15609373
A bit of both, perhaps? I already have a retirement plan moving along from my employment (federal gov’t), but bolstering it independently can’t hurt. Short term-wise, I mainly wished to experiment, and just see if any of my money can make me a little more ‘fun’ money instead of sitting idly in my savings account.

I'm in the same boat as you anon. Been lurking for 2+ years and if you ask for advice you will get responses like faggots above. Read SMG and scroll thru some of the other threads. It's mostly shilling and FUD but there are occasional nuggets of good info, or at least something to spark some interest and send you down a rabbit hole. I think this something u have slow play. Don't throw around any money your not prepared to lose and don't get upset when u do lose. Think of it as paying for a lesson on how not to do something. If u want to accelerate the process take a udemy class or watch YouTube videos on trading and crypto, but don't expect any help from these "people".

NIGGER FUCK YOU
so why should I help you faggot??? Huh? I shouldn’t. And that’s why you get no help here, you’re a fucking leech from rebbit providing zero value, looking for free handouts. LURK MOAR OR GET THE FUCK OUT NO ONE IS GOING TO DO THE WORK FOR YOU IDIOT

>>15609265
Jewish controlled boomers ITT

>>15609392
buy some bitcoin while it's cheap fren, it will literally ouperform any investment strategies you could find on here

>>15609265
No leverage
Trade small each trade 5-20% of total capital
have fun

>>15609392
>I mainly wished to experiment, and just see if any of my money can make me a little more ‘fun’ money instead of sitting idly in my savings account

I recommend options trading anon
can be the same payoffs as shitcoins without dealing with so much fraud

In the thread below I went deep with an anon about options trading
>>15604905

TLDR
I trade options biggest gain 4400%, recently made 14% in 50 days and also 300% in 30 days.
The 300% trade could have been done with just $35

It's a skill and a fun skill to learn.
ask questions if you want.

>>15609634
Didn’t the bitcoin bubble pop already tho?

>>15609696
What’s hot rn regarding options? What appears to be upcoming?

>>15609265
buy high, sell low

>>15609712
yes it already popped like 5 times sometimes there's not enough liquidity for the demand and prices go stupid, but since you don't seem to know why btc is steadily rising in value you should do a little research on how it works and why it only increases in value over the years and make the easiest longterm investment of your life.
the only reason why people on this board don't like btc is because they were too poor to buy "enough to make it" and gambled away their money on shitcoins instead, while they would have made so much more by simply holding btc

>>15609733
>What’s hot rn regarding options?
They have very high intrinsic leverage
>What appears to be upcoming?
It's a skill you need to learn.

How big is your account going to be $2500 is that the minimum on TD Ameritrade? I recommend Interactive Brokers best on fees especially options.

What sectors of the economy are you interested in?
I trade sp500, gold, silver and sometimes mining stocks.

>>15609742
>buy high, sell low
great advice anon
best advice is to be a freight broker...just sayin

buy btc
buy rsr
buy link

you aren't going to listen to what I've just told you but I've just given you the answers for financial freedom for the rest of your life if you're willing to buy and hold until 2021.

have fun remembering this comment anon. enjoy your stay on biz, there's no escape from this hellhole until you make it.

>>15609265
Never trade through Interactive Brokers is a big one and it seems like you've already got that covered. Other stuff would be start small and give yourself time to develop a style. Read books, listen to podcasts, watch people on YouTube, but all the while maintain a healthy degree of skepticism and realize that a significant portion of what you're taking in is either a scam outright, just plain wrong, or inapplicable to how you're going to end up trading.

>>15609798
>Never trade through Interactive Brokers is a big one
Why no IB?

Also another piece of wisdom is that you'll probably fail to do anything exceptional financially on the markets (assuming you don't just lose all your money outright). Once you know how to trade which most people get within the first year, everything BESIDES trading becomes the challenge and if you didn't fail learning to trade, generally you'll fail at this stage. Assuming you get to this stage, you're going to need to learn to say "no" to a lot of people and you will almost certainly get branded an asshole for doing so. So this ultimately the future that awaits you with very few deviations in my experience.

You're losing money or making almost nothing for at least a year. After you start making okay money, then women, family, friends, people you run into at the gym, whatever all will serve to harm your trading most likely. More money you make, more invites you get. More invites you say yes to the shittier your trading will get. As you get better these people and things will cost you more and more which will force you to adapt or lose. Now having some drinks on Sunday with your buddies doesn't cost you $50 on Monday, it costs you $500. If you adapt, you're most likely going to be an asshole. People will say they understand, but trust me, they won't. If you don't adapt, you lose. You'll be a bit more popular and liked, you'll be Mr. Friendly, but you won't be a trader.

>>15609771
I thought td’s selling point was no minimum.

>>15609862
Because their data feed has this cute little tendency to be bucket shop tier as far as accuracy goes. Always seems to coincide with one of their undocumented patches/build updates as well. Depending on how you trade that can have anywhere from an incredibly destructive or functionally non-existent impact on your trading. With smaller time frames and more rapid instruments, it can be a nightmare. You can trade consistently profitably with them, I did (and a little over 50% of my trades tend to be scalps), but around the 10th time or so that their data feed unexpectedly teleports the fuck around after being what appears to be throttled (and I've seen people confirm this is the case on /g/) you'll want to start smashing shit. It got to a point for me where I would wake up, get in gear to trade and then just start thinking "I wonder if IB is going to be serving me up shit data today or if it's going to be coming in clean?" It's like going to the gym and worrying if the roof is going to fall on your head when you should be worrying about lifting correctly.

>>15609265
All you need to know :
Be a contrarian
DO YOUR OWN RESEARCH

>>15609971
>Because their data feed has this cute little tendency to be bucket shop tier as far as accuracy goes
I'll keep this in mind, thanks for the info

>>15609951
I looked your right $50 min $2000 for margin

What sectors of the economy are you interested in?

>>15610133
Nothing specific. Like I said, I’m new, so I’ll probably start safe. Maybe branch into cryptocurrencies when it feels right.
Any reccomendations?

>>15609951
OP you there?

>>15610544
if you starting with a little money and you like crypto GBTC is a bitcoin etf.
I'd buy SLV $23 JAN 21 options for about $60

>>15609377
Good on you anon. Unfortunately biz is now crypto hell and not many good threads these days. Personally I had a friend suggest sp500 vanguard index VOO. It's still ath currently but I've made some decent gains so far. And it reinvests dividends automatically.
I also got into silver. Anything I buy as an investment is usually for my resale business. I'm a noon investor so that's all i got. Good luck

>>15609295
JIDF detected