8 days ago5 points(+0/-0/+5Score on mirror)1 child
(((Large financial speculators))) commands trillions in equity that they can throw around to manipulate the world economy. For maybe 0.1% of people, stock options and trading can make a career, but it's overwhelmingly a scam business.
8 days ago10 points(+0/-0/+10Score on mirror)2 children
I want to agree, but I've worked with some people that do very well in the market and, honestly, White people are greedy with their money skills, even among ourselves. I'm not going to hesitate to say that. I've asked clients and acquaintances as much as I can without begging and they never want to tell me how they manage or move their money.
That's one of our most fatal flaws; we're a very atomized people. If one pajeet gets into the company, he's doing everything he can to get a dozen more in there. I said here already that I had to find a roundabout way of firing one because he was constantly asking me to interview his friends and cousins. White people don't do that; it's every man for himself.
Anyhow, I think I'm going to shift my focus on this board to posting financial videos in the hopes that some of us start learning something and can maybe start connecting dots and putting pieces together. Have you heard about "covered calls." It's a game of chicken where you basically rugpull people trying to buy your stocks. It's basically free money, IF you move before the clock runs out or they call your stock.
Most people just bank their retirement on some index or array of indices, and since we haven't suffered total economic collapse yet, it's working out for them. The overwhelming majority of day traders can't beat the market and lose money.
I was incredibly lucky on oil futures one time, but it was nowhere near as reliable as working a high-skilled job and felt more like gambling. The only way to reliably win is to steal sensitive market information and act before it gets published.
7 days ago3 points(+0/-0/+3Score on mirror)1 child
Start with Mathew kratter from Bitcoin University (formerly trader university). Use strike app for an easy way to get real Bitcoin and some skin in the game. Put one dollar a day into Bitcoin everyday using the strike app (this is called dollar cost averaging). This is just to feel it out, when you get to a higher level, you can do more if comfortable. Use Robinhood for MSTR and MSTY, but do Bitcoin first. Put at least a hundred hours into studying Bitcoin . Reply to this thread if you have any specific questions.
Many Bitcoin people are either very wealthy or very poor. There are not enough middle class people in Bitcoin. Not having Bitcoin is akin to being a midwit which is very unfortunate. I will be willing to help you if you are male and white.
Thanks for the kickstart! The reason I asked, and the reason I know you are legit is because you said "Many Bitcoin people are either very wealthy or very poor." This is something I definitely noticed.
The 3 people I know who are massively into BTC, MSTR, MSTY are all multi-millionaires like me. Yet when I ride my bike around the city, I see crypto ads posted in poor neighbourhoods. I think you nailed it 100% with this observation.
If you want real advice to make the most out of options I recommend the following (research extensively anything you don't understand):
Learn to read candle charts.
Pick a niche. I would recommend commodities and futures if you're serious and indices if you're casual. When you have experience and capital behind you I would suggest looking at moving to forex (there is little overhead, it's decentralised, lots of great price movement, and trading it open 24 hours, 5 days a week).
Practice practice practice. Understand the market of your niche, and practice with paper trading (simulated trading with fake money using real market data).
Once you have enough practice that you feel confident enough to put real money into it, pick a trading platform. MetaTrader or TradingView are the most popular.
Find a broker that is compatible with your chosen platform, offers low spreads (preferably 0.1 pips), and commissions at a price you can afford.
Unfortunately with the modern day Jew clipping of money (inflation), you need to play the (((game))) to keep your wealth. I would start out with buying very low s&p500 funds. Then keep educating yourself and keep researching and in time take out 5% and buy some stocks individually, see how they do, see how you do, build confidence in your ability to not lose it all. Even Warren Buffet talks about how the most of wealth is in the s&p
It’s war time: Ukraine, Palestine, Iran makes all the weapons contractors go up.
AI and tech is booming, stuff like NVIDIA and TSCM will go up.
Corona happened and every other Pharma stock went to the moon.
Rare earths and other metals like copper, gold, silver, platinum, lithium, cobalt, tin, are limited but increasing in demand so it’s just a matter of time for big companies involved in any of the processes, from mining to manufacturing.
It’s difficult to become the next Warren buffet but just observing trends and riding along the wave should be possible for everyone.
That's one of our most fatal flaws; we're a very atomized people. If one pajeet gets into the company, he's doing everything he can to get a dozen more in there. I said here already that I had to find a roundabout way of firing one because he was constantly asking me to interview his friends and cousins. White people don't do that; it's every man for himself.
Anyhow, I think I'm going to shift my focus on this board to posting financial videos in the hopes that some of us start learning something and can maybe start connecting dots and putting pieces together. Have you heard about "covered calls." It's a game of chicken where you basically rugpull people trying to buy your stocks. It's basically free money, IF you move before the clock runs out or they call your stock.
It’s a survival mechanism after the last 80 years. What do you expect?
Just buy everything Nancy Pelosi buys and sell everything she sells.
Those reports are always 30 days behind. Good for a forensic report, not so much for acting upon.
I was incredibly lucky on oil futures one time, but it was nowhere near as reliable as working a high-skilled job and felt more like gambling. The only way to reliably win is to steal sensitive market information and act before it gets published.