Veeky Forums WAR ROOM

GoogleCat
GoogleCat

Alright faggots. From next week the shit will officially hit the fan as global markets panic like crazy on the Brexit vote.

Discuss trading setups and strategies.

Ignoramus
Ignoramus

I predict dead cat bounce on Monday, followed by continued sell off on Tuesday.

Stupidasole
Stupidasole

@GoogleCat
Markets shrugged off Brexit already. You should have bought last week like everyone else.

Illusionz
Illusionz

@GoogleCat

Accumulate everything that is falling several percentage points below it's average. Be smart, avoid FUD and shitty short-term assets.

Stark_Naked
Stark_Naked

@GoogleCat
brexit + bitcoin halving = moon

Raving_Cute
Raving_Cute

@GoogleCat
doubt it. Shit already hit the fan on Friday. Should've bought at the open

haveahappyday
haveahappyday

Long on gold/silver. Day trade volatility. Cryptos also look promising, but should be handled with care because their value is tethered to fiat currencys.

cum2soon
cum2soon

@Raving_Cute
You never buy at open

askme
askme

@GoogleCat
Continue following my risk-tolerance-appropriate asset allocation plan with a diversified, low-cost portfolio.

Emberburn
Emberburn

@cum2soon
you never x
...said every poor person ever

AwesomeTucker
AwesomeTucker

POUND AND EURO DOWN CRASHING

ITS HAPPENING

Spazyfool
Spazyfool

BTC should go up with the small crash now, right?

Dreamworx
Dreamworx

Nikkei opened up 2%.

Booteefool
Booteefool

SHORT EVERYTHING

King_Martha
King_Martha

@Raving_Cute
Should've bought at the open

2016
Not know how bid/ask works

MakeBizWorseAgain

Evil_kitten
Evil_kitten

@Booteefool
LE BUY LOW SELL HIGH MAN

askme
askme

@Stupidasole
Meanwhile dow futures gapping down.

Spamalot
Spamalot

@King_Martha
Often when there's a hyped sell-off from an overnight event you can catch an early bounce buying at the open as things settle down later in the day
The More You Know

askme
askme

@Spamalot
Of course you can. Except when you can't.
/dice roll general/
fuck off

Garbage Can Lid
Garbage Can Lid

Futures crazy. Hoping for meltdown b/c short.

w8t4u
w8t4u

@askme
something has to work 100% of the time to make money
this fucking board

VisualMaster
VisualMaster

@Stupidasole
Lol

Emberburn
Emberburn

I bet day traders will lose money no matter what they do, because they're fucking day traders.
Get a real investment and a real job

CodeBuns
CodeBuns

@GoogleCat
Well shit will flood in EU soon(July/August are even more crazy). Buy USD and wait for increasing panic, it has just began so no need to rush yet.

Need_TLC
Need_TLC

@CodeBuns
By shit do you mean immigrants and/or another Greek bailout?

ZeroReborn
ZeroReborn

@Need_TLC
I think that damage by immigrants is done already. EU politicians think that they can mimic good old USA and gain near free workers from illegal immigration and keep wages low. Instead EU has gained 99% of welfare abusers that will eat all internal devaluation. Germany fears using external devaluation and thinks that internal is invulnerable vs inflation(eating savings that devaluation gives) but welfare immigrants are actually doing that, literally.

Greek will make nice negatives to French and German banks that's sure but government adjustment program is already paid, so it's like a comedy play.

Big thing is that if we see couple weeks of sliding in EU stocks, Brussels may press panic button and out law short selling(like in Greek). That is real catastrophe. I'm looking for this since, immigrants and Greek debtz is not on table atm.

France and Germany has elections coming up too! Time to pop some popcorn since next year is going to look more like medieval Europe.

You will have plenty of time on EU stocks! Fun times are just around the corner!

Evil_kitten
Evil_kitten

@ZeroReborn
....I'm moving all my assets into gold.

Bidwell
Bidwell

@Emberburn
I am losing money no matter what I do. I cant find predict support or resistance, every new article that comes out with market predictions is making floors drop. I'm really going to have to do some studying tonight and rethink my strategy for tomorrow. Some articles have came out predicting this will be worse than 2008 housing crisis if other nations start voicing prospects of voting on leaving EU. If this conversation doesnt stop the markets may continue to tank all year. Right now I have all my money out. If I sense we've hit bottom I'm going to pick a few stocks that I think were disproportionately oversold to buy

hairygrape
hairygrape

@ZeroReborn

Shit, how would one abandon the EU boat? I might move to SEA.

TreeEater
TreeEater

Total fucking newb here, I'm a mathematical modeler that deals a lot with natural resources and other shit, so analytics is something I'm pretty good at, quick question

What is the best way to buy stocks? Like TD Ameritrade or something like that? And when you buy them do you just get some kind of receipt or what? I'm just coming into this fiasco and I'm going to start with baby steps like 5 grand or something.

StonedTime
StonedTime

@w8t4u
Actually it has work both (a) at least 51% of the time, and (b) have a better expected rate of return than alternate uses of your capital. Neither of which the tripfag claimed let alone proved.

You're not the smart one on this board, kid. You're one of the dummies. The sooner you realize this the better off you'll be.

Disable AdBlock to view this page

Disable AdBlock to view this page