Literally every time

TreeEater
TreeEater

Buy a stock
It goes down

Literally every time

All urls found in this thread:
https://warosu.org/biz/thread/S1465750#p1466975
https://en.wikipedia.org/wiki/Apophenia
https://en.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway
https://www.youtube.com/watch?v=9Z5py1098RA
https://www.youtube.com/watch?v=yR6p4vPck9A
https://en.wikipedia.org/wiki/Uptick_rule
http://www.efinancialnews.com/story/2007-03-12/the-fat-finger-points-to-trouble-for-traders
https://en.wikipedia.org/wiki/Fat-finger_error
http://www.cnbc.com/id/46835129
https://www.quora.com/In-securities-trading-what-does-fat-finger-trade-mean
https://en.wikipedia.org/wiki/2010_Flash_Crash
https://www.youtube.com/watch?v=abH9NkZev68
https://youtu.be/oZ_9GksAGms?t=1098
https://youtu.be/fEcTYDrDuUA?t=1573
https://youtu.be/9vtb10g7oHs?t=2857
Emberburn
Emberburn

what is technical analysis?

Firespawn
Firespawn

@Emberburn
"""""technical"""""
""""""""""analysis""""""""""

Flameblow
Flameblow

@TreeEater
It goes down
Literally every time

You should get in to shorting.

FastChef
FastChef

@Emberburn
Technical Analysis

viagrandad
viagrandad

@Flameblow
There you go. Do a George Castanza move, you'll make millions

cum2soon
cum2soon

Protip: You never lose money if you never sell

Techpill
Techpill

@cum2soon
80 years old
i-it has to go up any day now, r-right guys?...

TreeEater
TreeEater

@Emberburn
It's a synonym for "I like to talk complicated talk and look smart but can't be bothered with a fundamental and mathematical understanding of what I try to make money off of", or "I usually am more happy winning than sad loosing while day trading"

If you liked this article about "finding patterns in stock quotes" you might like the following : "finding patterns in clouds" and "finding patterns in tea leaves".

Evilember
Evilember

@TreeEater
If you liked this article about "finding patterns in stock quotes" you might like the following : "finding patterns in clouds" and "finding patterns in tea leaves".

Holy fuck this.

Technical analysis is such a joke.

TurtleCat
TurtleCat

@Techpill
Things don't stay low that long

Just don't be a retard who sees a 2% drop one morning and decides to panic sell. That's why most retards lose money

LuckyDusty
LuckyDusty

@cum2soon
actually you only lose money if you never sell

StonedTime
StonedTime

@Evilember
@TreeEater
she doesn't do Macroeconmic and fundamental analysis before she does her TA

eGremlin
eGremlin

@TurtleCat
Things don't stay low that long
Except for the ones that do, amirite? The silliest meme in the world is the one that says the price MUST eventually rise back to the price you bought in for.

PurpleCharger
PurpleCharger

@TurtleCat
Or you hold on to an individual stock too long and the company goes under :^).
Or the company has to adjust to lower growth, permanently lowering its value.

CodeBuns
CodeBuns

@TreeEater

Muh nigga. Yo prob is you keep buying penny stocks.

massdebater
massdebater

@Spamalot
Is that the infamous "smoking duck" pattern?

SniperWish
SniperWish

@TreeEater
Stop chasing the God damn trend you retard.

Look there's two ways to trade basically.

You either trade to make the market and that's basically looking to sell when everyone like you is buying.

Or you look for price drops for good value and buy when something is a lot cheaper than it should be. Then you sell it to noobs who see it spiking up after its already really high

Sir_Gallonhead
Sir_Gallonhead

@Garbage Can Lid
I'm probably one of the few people on this board that actually know how to trade properly. I could show you some trades but you likely wouldn't even understand how amazing the trades are if I showed you them anyway.

girlDog
girlDog

@Sir_Gallonhead
I'm probably one of the few people on this board that actually know how to trade properly
Yeah, I bet you have a 9 inch cock too.

viagrandad
viagrandad

@girlDog
I've showed some really excellent trades here before but since no one understands what they are looking at its just a waste of time.

TreeEater
TreeEater

@viagrandad
no one understands how negative and positive numbers work

Firespawn
Firespawn

@TreeEater
Me showing how much money I win on a trade isn't the same as showing you my entries and exits on a chart and the reason for taking a trade.

You guys think of this on a fundamentally flawed level.

BlogWobbles
BlogWobbles

@Firespawn
money I win

DeathDog
DeathDog

@BlogWobbles
Just for curiosities sake, what is it exactly you're hoping to accomplish with these post?

Sharpcharm
Sharpcharm

just get in things before the normies do

i bought oil stocks like BTE back in january when oil went to 29 and ignored all the cucks saying it can go to 10 and did mad bank

Emberfire
Emberfire

@DeathDog
You got memed the fuck out, my friend.

SniperGod
SniperGod

Nicely wew'd my lad

RavySnake
RavySnake

BUY

THE

DIP

DeathDog
DeathDog

@Emberfire
So, it was just another meme all along?

Well I'll show you guys something cool anyway.

Here's a picture showing my trades i took today during Prime Minister Yellen's speech about the feds.

@RavySnake
I did like this guy says and bought the dips and sold the peaks

Although I think I'm missing a 4th trade

Spamalot
Spamalot

@DeathDog
What the hell? I show you ungrateful bastards some sick ass shit and you don't even give me any yous?

idontknow
idontknow

@Spamalot

Sick ass shit. What did you buy

likme
likme

@Spamalot
Nice now show us your tits

kizzmybutt
kizzmybutt

@idontknow
That's gold. Look at the picture. I bought two or 3 times and sold it once at the top.

I hope you learned some valuable today son

Techpill
Techpill

Kek

TreeEater
TreeEater

@Techpill
Did you learn anything? I don't get what's funny

JunkTop
JunkTop

@TreeEater
hindsight is 20/20 , aint it?

New_Cliche
New_Cliche

@JunkTop
You never answered my question

Supergrass
Supergrass

@New_Cliche
i learned that hindsight is 20/20.

Dreamworx
Dreamworx

@Supergrass
You need to look at the pictures better if you can't understand it.

Nude_Bikergirl
Nude_Bikergirl

@Dreamworx
whats not to understand?

King_Martha
King_Martha

@New_Cliche
@Dreamworx
you can't delete a post this old

@DeathDog

aint that a bitch?

farquit
farquit

@Nude_Bikergirl
I just showed two pictures of me taking position before the market moved. If you can't understand it then I'm just wasting time showing you.

Also it's probably not a good idea for me to leave these up for long

haveahappyday
haveahappyday

@King_Martha
I only want to delete the pictures. It's not a good idea to leave something like that up.

askme
askme

@haveahappyday
yes, wouldn't wanna leave a chart of todays price of gold up on the internet!!

Inmate
Inmate

@TreeEater
That happened to me with VRX, I bought at 26.

But I planned on holding for a year anyway. I expect it to hit about 80 by that time. Gotta get that capital gains tax rate.

lostmypassword
lostmypassword

@askme
Well those entries are pretty amazing and I wouldn't want too many people studying and trying to learn easily what I sacrificed a lot to be able to do.

kizzmybutt
kizzmybutt

@haveahappyday
after all, you made markings on it , that could be considered vandalism!

Methshot
Methshot

@lostmypassword
oh well good thing we still have this chart to look at. @DeathDog

Burnblaze
Burnblaze

@lostmypassword
heres how the big boys do it btw.

WebTool
WebTool

@Methshot
@kizzmybutt
Did you even look at the one showing my entries before the market moved?

TurtleCat
TurtleCat

Stop selling you idiot. Invest in some safe bets that have been around for a long time and wait it out. Some will crumble but overall the market goes up if you average through recessions.

Don't believe that anybody has a way to cheat the market other than insider trading, which exists and they will be the winners every time.

TechHater
TechHater

>>1466784
Are you serious? That's what I mean by its a waste of time showing because you won't understand it anyway.

The green or blue line shows where I entered. And the dotted red line shows where my stop loss or take profit are .

eGremlin
eGremlin

@WebTool
i saw them all , it's just you drawing shit all over todays gold price chart.

FastChef
FastChef

@TechHater
pretty hard to understand something we cant see ;)

BunnyJinx
BunnyJinx

@FastChef
Can you see now? I even circled it for you since you probably don't understand what you are looking at.

StrangeWizard
StrangeWizard

@TreeEater
I have a great strategy for you user. Repeat what you are doing now, but short everything instead.

You will make money every time.

Raving_Cute
Raving_Cute

@Fuzzy_Logic
Well I hope you learned somethingfrom that sick trade. The other picture showed me selling at the top. You'll just have to take my word for it since you didn't look the other time

Crazy_Nice
Crazy_Nice

@Raving_Cute
Why are you so impressed with yourself? There was a $20 price fluctuation in gold when it was already sitting at $1320. That's a fluctuation of less than 2%. I don't know how much volume you were doing but your gains can't be that much unless you were massively leveraged and exposed yourself to crazy amounts of downside if you guessed wrong.

On top of that you had to pay all the fees and taxes involved with day trading. Is it really worth it? Wouldn't value investing be much simpler and pay off better in the long run?

Sir_Gallonhead
Sir_Gallonhead

Every strategy in the stock market is a variation of mean reversion or momentum. Mean reversion is a lot safer than buying stocks that are going high since you'd buy at the bottom.

Playboyize
Playboyize

@Crazy_Nice
I did about 300 pips today.

Commodities don't work the same as stocks where a 2% increase means nothing. %means almost nothing to me. I get paid per micro pips.

Techpill
Techpill

Mabye you should try URRE???

Boy_vs_Girl
Boy_vs_Girl

@Sir_Gallonhead
@viagrandad
@Firespawn
I would be interested in hearing more.
Ignore the all these haters.

@DeathDog
I think I recognize this user from the other day. Are you the user we talked about a H&S chart pattern in the GC futures contract which signaled a short position.

haveahappyday
haveahappyday

@Firespawn
Me showing how much money I win on a trade isn't the same as showing you my entries and exits
Yeah, actually it is. By definition.

Fucking retard.

5mileys
5mileys

@Boy_vs_Girl
Hmm. What do you of trading during nfp?

takes2long
takes2long

@DeathDog
Wtf is this cartoon bullshit? Drawing fat arrows on a chart and pretending that it reflects your entry and exits points is bullshit.

You have trade confirmations. Post them.

Or don't, and fuck off. Poser.

iluvmen
iluvmen

@5mileys
Yeah we talked about how most risk managers wouldn't allow it.

Playboyize
Playboyize

@takes2long
You have trade confirmations.

I used my heart. It's hard for me to explain but I can sort of see most times not every time, when a spike to the high or low is ending. I watched the charts for many many hours and now I can sort of see it if in looking at the charts while the spike is happening

Carnalpleasure
Carnalpleasure

@Boy_vs_Girl
@iluvmen
Yes. I would be very interested to hear more about what you know. It's pretty late and as you can see from my lot sizes I'm not making enough yet to not have to go to work early tomorrow but I'm hoping to slowly start increased my lot sizes the next few weeks.

Also I think someone like you will be able to see my trades and understand why I took them and be able to do similar trades.

It's getting late but I'd love to talk about the market with you another time

Burnblaze
Burnblaze

@takes2long
See
@Playboyize
@Carnalpleasure
Going to delete them soon though.

Emberfire
Emberfire

@Crazy_Nice
There was a $20 price fluctuation in gold
He is trading in CFD which is different than futures but say for example the GC gold futures contract for 100oz of gold:
tick value of $0.10 per ounce which is $00 per contract. 100oz x $0.10 = $10
there are ten ticks per point, that means the minimum the price moves is $0.10 so for example the price can move $1324.0 $1324.1 $1324.2 etc
that means for every point is worth $100
100oz × 0.10 × 10ticks = $100
so that means a 20 point move in the GC contract is worth 20 * $100 = $2000
remember there are 10 ticks per point so if you think of this as a 200 tick move and each tick is worth $10 so,
$10 x 200 = $2000

Flameblow
Flameblow

@Emberfire
I like you. When are you gong to start trading?

RavySnake
RavySnake

@Playboyize
I watched the charts for many many hours and now I can sort of see it if in looking at the charts while the spike is happening
This right here gentlemen is the key. Chart time. Lots and lots of it. You watch it very closely long enough and you'll start to develop an intuition.

WebTool
WebTool

@RavySnake
It's not only that but if you look to the left of my entries there are peaks which were not broken during those spikes

StonedTime
StonedTime

URRE???

AwesomeTucker
AwesomeTucker

@Burnblaze
Going to delete them soon though.
Listen you stupid cunt....

First, you deleting your "trade confirmations" is stupid. Your photos are automatically archived, like pic related. Stop being a fucking noob.

Second, that's not a trade confirmation, kid. That's just another crayon drawing of you roleplaying.

FACT: You didn't actually buy or sell anything.

FACT: Your portfolio balance, if any, is less than $1000.

FACT: You couldn't pick a winning trade if someone put a gun to boyfriend's head.

FACT: You get your jollies coming to a Chinese basketweaving board and pretending to be a wolf of wall street.

Now fuck of back to /r9k/ where you belong.

GoogleCat
GoogleCat

@AwesomeTucker
He s-saved my p-pictures. This is the first time someone has saved one of my pictures. Does this mean were married now?

Also look at the dotted green line next to the word buy with the numbers. That clearly shows my entry.

What else do you think those dotted lines represent?

New_Cliche
New_Cliche

@Emberfire
CDFs are traded with forex brokers and forex brokers allow you to trade based on these lot sizes
Standard 100,000 units
Mini 10,000 units
Micro 1,000 units
Im not sure but IIRC for a xxxUSD pair a mini lot has a pip value of $1 and a standard lot has a pip value of $10
so 20 × $10 = $200 per standard lot.
So you could have a position of 10 standard lots to get the same exposure as the GC futures contract.

Illusionz
Illusionz

@New_Cliche
Here is an example of how to calculate the value of 1 Pip for one 10k (mini) lot of xxxUSD where the base currency of the account is USD.
Start with 10,000. Multiply 10,000 by .0001 since 1/10,000th is a pip for all xxxUSD pairs
10000 x 0.0001 = $1.

Lunatick
Lunatick

@WebTool
I see it looks like your short entry was near the top of the candles from the previous candles around Aug 24.

Booteefool
Booteefool

@Lunatick
Shh don't let these plebs learn the secrets. They just want to get rich quick and be toxic. I don't believe they are actually interested in learning the market and improving. It takes a lot of work and a lot of time. So much sacrifice. I knew you would be able to see it but don't share it so easy with them

Harmless_Venom
Harmless_Venom

@GoogleCat
He s-saved my p-pictures.
I didn't save anything you pathetic mongoloid. Do you even know what an archive is?

https://warosu.org/biz/thread/S1465750#p1466975

Go. back. to. r9k. you. fucking. loser.

Lord_Tryzalot
Lord_Tryzalot

@Harmless_Venom
OK bye

SomethingNew
SomethingNew

@Booteefool
you're correct it takes a lot of time and effort and hard work to learn this stuff which is one of the many reasons why 95% of people who try to trade end up failing even though
there are lots of books and websites and blogs that talk abuot this plus there are tons and tons of videos around on places like youtube that talk about this

5mileys
5mileys

@DeathDog
@DeathDog
@DeathDog

What do you think about buying growth shares? I like to analyse fundamentals and then buy from small cap companies and wait for them to appreciate.

I just bought my 2 first shares but since im not american i couldnt invest in HLFN. It's on the OTC Pink sheets :C

My problem is im low paid, so i invest in mutual funds like vanguard and some others, and try to put like 100 dollarydoos at a time into some small cap companies.

iluvmen
iluvmen

@SomethingNew
@Booteefool
meme

lostmypassword
lostmypassword

@SomethingNew
Maybe I should try watching more videos but when I was first learning ait of what I found online wasn't very helpful at all. It was then everyone would be doing it.

And there's some shit I could show you that I'm pretty sure you would never find online or anywhere. I'm not saying no one else figures it out but they sure as hell aren't telling anyone else.

@5mileys
Sorry bro I don't know shit about stocks yet. I only do fx for now and I seem to do much better on gold charts. If you are low paid I would look into something with high leverage if you actually know what you are doing or really lucky.

This shit is really tough and you likely won't see any results for a long time but if you are lucky and good enough and put enough time into it and willing to sacrifice everything then maybe you can make it.

Poker_Star
Poker_Star

@lostmypassword

I got my copy of the 1940 edition of Security Analysis, too. That's gonna be a fun read. Here's to reaching financial independence and not having to be a wagecuck

PackManBrainlure
PackManBrainlure

@lostmypassword
I'm an Order Flow newb myself but here is my attempt at analysis

StrangeWizard
StrangeWizard

@SomethingNew
it takes a lot of time and effort and hard work to learn this stuff
Can you show me the evidence that "time," "effort," or "hard work" leads to greater returns? You retards keep saying these platitudes, but you never back them up.

Dreamworx
Dreamworx

@BlogWobbles
Nicely wew'd my lad.

Fried_Sushi
Fried_Sushi

@DeathDog
A lot of [you's] bb girll.

5mileys
5mileys

not much opportunity to invest in undervalued stocks

Buffett says hi

idontknow
idontknow

@StrangeWizard
@StrangeWizard
@StrangeWizard

The rate of return sought should be dependent on the amount of intelligent effort the investor is willing and able to bring to bear on his task. The minimum return goes to the passive investor, who wants both safety and freedom from concern. The maximum return would be realised by the alert and enterprising investor who exercises maximum intelligence and skill.

t. Benny Graham from The Intelligent Investor

Emberfire
Emberfire

@idontknow
The rate of return sought should be dependent on the amount of intelligent effort the investor is willing and able to bring to bear on his task. The minimum return goes to the passive investor, who wants both safety and freedom from concern. The maximum return would be realised by the alert and enterprising investor who exercises maximum intelligence and skill.
That's a conclusory statement, full of puffery and good intentions, but completely lacking in actual hard evidence. Saying that "Graham thinks so" is not proof of an argument. Graham is full of shit and/or outdated on many topics.

So how about some real evidence that effort, hard work, skill, time, or commitment actually improves your rate of return. Because I know a lot of Wall Street trading firms and hedge funds (95% of them, in fact) that have FUCKING PILES of effort, skill, education, time, commitment, and resources ... and yet can't beat an index fund after accounting for their expenses.

Prove me wrong.

Firespawn
Firespawn

@Techpill
Took two decades but my 1/64th share of Disney is finally worth enough to buy a pack of gum. Thank you Luke Skywalker.

TalkBomber
TalkBomber

@Emberfire

Well beating the market as an institutional investor who needs to invest billions in high quality and fairly low-risk investments is hard.

Beating market returns as an individual investing in under-valued or growth shares is not as difficult.

Also, Graham's writings all clearly demonstrate those willing to do good security analysis can make good returns.

Buffet's only real difference from Graham is that he places great value on unique intangible advantages like strong brand names.

I know you want to pretend you're all scientific with evidence, user. If you'd ever read anything on investing, such as Tim Hale's book, you'd know the majority of evidence says that passive investing usually gives better returns than those who try to beat the market with stocks.

And yet here we are with people like buffett. I myself know a 75 yo guy who has made a few hundred thousand from stock investing, he's amazing.

Point is, success can be had. Don't take advice from losers though. If you follow the advice of slater, graham, and buffett, you can do a lot of good.

Booteefool
Booteefool

@TalkBomber
Well beating the market as an institutional investor who needs to invest billions in high quality and fairly low-risk investments is hard.

Beating market returns as an individual investing in under-valued or growth shares is not as difficult.
Ah, the old Buffett apology. "It's harder to invest more money than less money." Conveniently forgetting a few things though: (1) It's never been shown to be true. (2) Having more capital open up opportunities not available to smaller investors. (3) No one is requiring them to invest every dollar or even to take in every dollar offered to them, especially if they can't earn an above-market return on the funds.

It's a tired, well-worn excuse than doesn't convince anyone who thinks beyond platitudes and pithy quotes.

So, I'm still waiting for that evidence that effort, hard work, skill, time, or commitment actually improves your rate of return. You keep posting bullshit and idealizations. You keep posting quotes from "star" investors. You keep providing anecdotal stories about your neighbor's cousin's hairdresser.

Got any actual evidence? It's a simple question that should have a simple answer....

farquit
farquit

@Booteefool

You're a giant goober.

(2) Having more capital open up opportunities not available to smaller investors.

Yes, it does. But the fact is, an institutional investor is never going to put a small amount of money into a small-cap company. They are very limited in the type of trades they can make.

Similarly, individual investors are limited by being poor, or poorer than institutions, but they can invest in anything they can afford.

Got any actual evidence? It's a simple question that should have a simple answer....

I've already pointed out that Tim Hale gives LOADS of references in his book to financial journals, and explained that most of the evidence suggests passive investing is better than trying to beat the market.

As someone whose day job actually involves research, let me tell you not to place too much importance on MUH JOURNALS, you fool. They only tell you what has happened in the past, for one thing, and they certainly cannot predict the future.

And they certainly do not tell you what you are capable of. With some study an intelligent person can beat the market, and indeed many of them do.

So you can stop repeating yourself asking "where is muh evidence" now. Posters of your type are very common at forums about intellectual activities, but you fail to think about any problems that """"""actual""""" evidence has.

w8t4u
w8t4u

@Booteefool
@TalkBomber
How about when your position sizes in the millions and there is simply not enough liquidity in the orderbook to do things that you could do with a smaller position size.

Methshot
Methshot

@farquit
They are very limited in the type of trades they can make.
No. No they're not. I know of very few hedge funds or trading firms that arbitrary restrict themselves from profitable investments. And while they may have size thresholds, that's more a function of transactional and research costs rather than a limitation on their pursuit of profit.

They only tell you what has happened in the past, for one thing, and they certainly cannot predict the future.
Nice attempt to move the goalposts and avoid the question. I'm not asking about the future. I'm asking a simple question that you're unable or refuse to answer.

With some study an intelligent person can beat the market, and indeed many of them do.
Less than 5%. Bleak numbers indeed.

Posters of your type
You mean people who ask for proof of claims, rather than accepting conventional wisdom? You mean people who are aware of the dismal track record of stock pickers? Or do you mean people who aren't beholden to Wall Street, like you?

So I'll ask again, and keep asking until I get a direct answer: do you have any evidence that effort, hard work, skill, time, or commitment actually improves your rate of return?

@w8t4u
How about when your position sizes in the millions and there is simply not enough liquidity in the orderbook to do things that you could do with a smaller position size.
No trading firm or hedge fund is required to invest all of their capital into any single investment. If they wanted to do small plays, they could. If they wanted to do hundreds of small plays, they could.

Stop with the "muh small trades" bullshit. There's no evidence that small trades are more profitable than large trades, or that trading firms are precluded from making small trades if they wanted to.

In reality, they do whatever is sufficiently profitable to keep their investors and their board happy. Even though in 95% of cases, that means underperforming an index after expenses.

PackManBrainlure
PackManBrainlure

@Methshot

do you have any evidence

Yes, I do. Investors who beat the market using their effort, hard work, skill, time, and commitment.

SniperGod
SniperGod

@PackManBrainlure
Yes, I do. Investors who beat the market using their effort, hard work, skill, time, and commitment.
Who are they, how many are there, and by how much did they beat the market? What's the correlation to effort, hard work, skill, time, and commitment? Where are the numbers?

I'll ask again, and keep asking until I get a direct answer: do you have any evidence that effort, hard work, skill, time, or commitment actually improves your rate of return?

CouchChiller
CouchChiller

@SniperGod
I'll ask again, and keep asking until I get a direct answer
Would you stop if someone slapped the shit out of you?

Lunatick
Lunatick

@TreeEater
If your good at picking losers, then put a limit order a few percentage points below the market price.

Emberfire
Emberfire

@PackManBrainlure
You should really start trading. I actually fell into that trap up there at 1 trying to go long but I also had a short a but above it waspretty risky though as the price had been spiking lately and completely blown through a couple of my limits so fast that it actually hit their stop losses which on the charts were about 10 to 30 pips away and the limits were even further from each other.

Some sort of weird slippage happened where I was charge for 0 pips for both orders being activated.

I also set a limit there at the end of that too and made another quick 60 pips or so right before the market ended too.

I'm no expert myself but I like the way you see the charts. It's similar to how I see it. You would probably be pretty good at this.

Too many people are focused on chasing the trend in too short of a time frame and lose. They don't see the traps which you should be doing the opposite of the masses to actual win good trades

Stupidasole
Stupidasole

@TreeEater

Clouds actually have really nice patterns.

eGremlin
eGremlin

@Raving_Cute
Going to take a look through these

Deadlyinx
Deadlyinx

@eGremlin
from chapter 2 on the history of technical and fundamental analysis in the book "Investing With Volume Analysis: Identify, Follow, and Profit From Trends"

Snarelure
Snarelure

@Stupidasole
this is actually a thing: https://en.wikipedia.org/wiki/Apophenia
is the human tendency to perceive meaningful patterns within random data.

Evilember
Evilember

@Emberfire
you might be interested in the book "Daemon Goldsmith Order Flow Trading for Fun and Profit"

DeathDog
DeathDog

@Evilember
I'll look into it but I honestly have trouble understanding this kind of stuff from books. Much easier if I see it on a chart

Sharpcharm
Sharpcharm

@Booteefool
This is a pretty good read so far. Sounds like technicals got cucked by fundamentals even though technicals were clearly predicting shit and making people into millionairesome.

Then some guy told everyone not to worry about learning the markets and dealing with manipulation(which I doubt can ever be stopped) and just focus on fundamentals and long term trades.

Reading this makes a lot of things clear to me and answers some questions. I've always wondered why the average person thinks you can't predict the market and thinks it's all random.

Thanks for this. This is really interesting so far

ZeroReborn
ZeroReborn

@Sir_Gallonhead
OK now this makes things much much clearer holy shit. The SEC basically brain washed everyone.

Well if these fools want to believe that the market can't be gamed and like that dude said don't want to learn the laws of supply and demand then that just makes it easier for people like me to slaughter them in the markets.

Sharpcharm
Sharpcharm

@ZeroReborn
@Evilember
@DeathDog

Don't mean to bother you guys, I'm a newfag on this board and I was wondering how you guys got to where you guys are now?

You guys seem to have heads on your shoulders. I'm new to business and finance and wanted to start learning as a hobby mostly and perhaps as something profitable in the future. Is there anything I should focus on as a beginner?

Im looking for some guidance or some general direction to steer. I was thinking of learning what I could on Khan academy and see which way the wind blows from there. Anything would be helpful

kizzmybutt
kizzmybutt

@Sharpcharm
I haven't gotten anywhere yet. I've only been learning how to trade for the last year and I only started to have a better understanding of the market very recently like maybe the last 4-6 months. And on top of that I seem to only be able to trade gold well.

I guess you want to study supply and demand and the way the ways the market moves.

Most of what I learned is from watching some videos on how the market traps the average investors into fake out moves and then watching the charts and learning why what I was learning as a beginner wasn't working and seemed to always have me trading the exact opposite of what the market was doing for the day.

And then lots and lots of live trading experience over the last year and looking at other traders charts and entries to help structure the way I see things and building from there.

It's probably a good idea to just read some of those books the other guy is recommending. Will save you a lot of pain and money learning those same lessons from the market at a premium price.

GoogleCat
GoogleCat

@Emberburn
technical analysis
lel that shit's a meme, it doesn't work

Fuzzy_Logic
Fuzzy_Logic

technical analysis
"see dey beez 2 hills on dis chart here? dat means da double top pattern gunna go downzies"
It's just pseudo science garbage

Harmless_Venom
Harmless_Venom

@TreeEater
"I like to talk complicated talk and look smart but can't be bothered with a fundamental and mathematical understanding of what I try to make money off of"

This sums "technical" "analysis" up.

SniperWish
SniperWish

@SniperWish
DELET THIS!!"!1!!!

eGremlin
eGremlin

@Lord_Tryzalot
LOL ROBOTS BTFO
HOW CAN HE EVER RECOVER

GoogleCat
GoogleCat

@Harmless_Venom
Some technical analysis is okay if there's a logic to the patterns.

For instance heads and shoulders. It's the point where an up trend fails to make a new high.

Trendline break is a natural point where stoplosses are. When stoplosses are hit, people that have bought expecting a bounce all 'sell' accelerating the price.

Supply and demand just represents unfilled orders. So a bank tells some trader to place 500lots of EUR/USD at 1.1 price. Lets say 400 of those 500 gets filled. There's 100 more lots sitting there at that price.

So when price goes around and comes back to 1.1 it jumps up again as those orders are consumed.

Sir_Gallonhead
Sir_Gallonhead

@BlogWobbles
nicely wew'd my lad

viagrandad
viagrandad

@Flameblow
Lol, my thought. "Buy one share, then sell one hundred, then buy 99 to cover the gap."

Playboyize
Playboyize

@GoogleCat
lolwut

Illusionz
Illusionz

@Booteefool
Lol bro
Go try to buy 50 BILLION dollars worth of any stock lol just try. That's the cash Berk is sitting on right now. No they don't need to invest every dollar, and they don't! All that waiting for the right, big opportunity is harder than just buying memes on Robinhood.
tfw you are sharing a board with people that honestly think investing is linear

Ignoramus
Ignoramus

@Illusionz
BRK doesn't buy public stock, moron. Well, they do buy some, but their trading activities are a de minimus percentage of their income.

tfw you are sharing a board with people who don't know the difference between M&A and stock purchases

Nude_Bikergirl
Nude_Bikergirl

@Ignoramus
https://en.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway

Lord_Tryzalot
Lord_Tryzalot

@TreeEater
The stock market is not for you.

Inmate
Inmate

@TreeEater
Most institutional investors are in it for the short run. Most stockholders outside of Wall Street are in it for the long run.

Think about the long run. By seeing the stock going down, you are guaranteed to lose money. 99% of stocks will not plummet to zero.

lostmypassword
lostmypassword

@cum2soon
Except you do. Companies can go under and have their stock ticker removed from the system. No penny stock starts as a penny stock.

WebTool
WebTool

THERE IS AN EMERGENCY, THIS IS NOT A DRILL OR A SHILL.

>>>>>>SWHC + SLV<<<<<<<<<<<<
SWHC ER (EARNINGS REPORT) COMING IN
SILVER WILL RISE BECAUSE OF DOLLAR CRASH

INVESTORS ARE JUMPING ON THE SILVER (SLV) BANDWAGON AND GOLD,
THE USA HAS SO MUCH DEBT THAT THEY ARE JUST PRINTING THEIR OWN MONEY.

THE DOLLAR IS SAID TO CRASH NEXT WEEK.

INVESTORS ARE BUYING SILVER (SLV) BECAUSE GOLD IS BECOMING TOO EXPENSIVE.

BUY SLV
(iShares Silver Trust (ETF))

AND

BUY SWHC
(Smith & Wesson Holding Corp)

I KNOW THIS SEEMS UNSURE, BUT SLV WILL RISE IN PANIC OF DOLLAR CRASH, MANY INVESTORS ARE BUYING SLV... ITS GOING TO HAPPEN SOONER THAN YOU THINK IT IS.

WITH A MIX OF SWHH , YOU GOT YOURSELF SOME GUNS AND SOME SILVER, FEAR MONGERING AND NEARING THE ELECTION SWHC WILL SKYROCKET, AND BECAUSE OF PANIC IN DOLLAR CRASH FOR NEXT WEEK, PEOPLE STOCK UP ON SILVER.

SLV IS A SECURE INVESTMENT
AS WELL AS SWHC.

SWHC + SLV ANY NAYSAYERS ARE KEKS

https://www.youtube.com/watch?v=9Z5py1098RA [Embed]
https://www.youtube.com/watch?v=yR6p4vPck9A [Embed]

SLV AFTER GOVERNMENT SHUTDOWN mooned CONTINOUSLY.
IM HERE TO SAVE YOU ALL.

LuckyDusty
LuckyDusty

@Nude_Bikergirl
Owning shares in a public company doesn't mean you bought them off an exchange, idiot. Ever heard of a tender offer?

Jesus, I'm getting cancer just dealing with these morons.

Fried_Sushi
Fried_Sushi

@LuckyDusty
tender offer means you payed above share price because you are buying so many shares.

its painfully apparent that you are indeed new 2 the game. while i ,intact , am TRUE , to the game, keep playin tho playa. .

Garbage Can Lid
Garbage Can Lid

@Fried_Sushi
tender offer means you payed above share price because you are buying so many shares.
It's called a control premium.

Are you the same moron quoting investopedia in the other thread? I hope so. I'd be even more sad if there were TWO people so stupid. I'm honestly hoping it's just you.

MPmaster
MPmaster

@WebTool

Silver could go down to 17 dollareedoos yet. Even lower.

Soft_member
Soft_member

@Garbage Can Lid
Tender Offer Definition | Investopedia
www.investopedia.com/terms/t/tenderoffer.asp
Investopedia
A tender offer is an offer to purchase some or all of shareholders' shares in a corporation. The price offered is usually at a premium to the market price.

SomethingNew
SomethingNew

@Firespawn

"lmao"

5mileys
5mileys

@TurtleCat

Look at the fucking Nikkei cunt

takes2long
takes2long

@WebTool
THE DOLLAR IS SAID TO CRASH NEXT WEEK.

Yeah and Russia is going to invade USA next week too.

Techpill
Techpill

@Snarelure

ordo ab chaos or some shit nigga

It's called having a fucking brain

Methnerd
Methnerd

many investors much smarter and successful than you lot attribute a lot of their success to technical analysis

Just because you're shit at it and can't combine it with a fundamental view doesn't make it useless

JunkTop
JunkTop

@SniperWish
This

Just use finance ratios to make sure the company isn't fucked before you buy it.

Enough muh super intelligent speculation

WebTool
WebTool

I'm going to buy 10K of AMZN monday and it will assuredly crash and burn for the rest of the year.

WebTool
WebTool

@Crazy_Nice
@WebTool
You are going to try to catch that falling knife?

I learned about that term on investipedia.

Crazy_Nice
Crazy_Nice

@TreeEater

IT WONT STOP HAPPENEING

Gigastrength
Gigastrength

@TreeEater
what criteria are you using to pick stocks?

I used to be a prop trader, and I used what I learned about institutional algorithms to develop my own indicator. But it's not like I run around applying my indicator to anything with a pulse. I am very particular about my short list of stocks. Then I apply my custom indicator to my short list and:

pic related.

ZeroReborn
ZeroReborn

TA is a meme, all you should do is buy Bitcoin on every dip or cry later.

GoogleCat
GoogleCat

@TreeEater
cuz ur too big of a pussy to sell

Supergrass
Supergrass

@Gigastrength
What would you say are the different risk/reward ratios that the institutions use in trading positions (not market making)?

Evil_kitten
Evil_kitten

@Supergrass
I wouldn't say. Nothing personal, it's just how I feed my kid. I have no incentive to see my strat diluted by posting specific details online.

Evil_kitten
Evil_kitten

@DeathDog
Give good luck to other anons you retarded cunt

what other use do you think it has?

5mileys
5mileys

@CodeBuns
@PurpleCharger
@eGremlin
@TurtleCat
@Evilember
@TreeEater
@Techpill
@cum2soon
I bought a meme stock (AFPO) and it has gone down 90%. All of my bluechip picks have soared 20-40% in a year. Lesson learnt. Not penny stocking again tbqh.

Gigastrength
Gigastrength

@Emberburn
But it becomes more and more popular, when a majority of people will do it, won't it be usefull, or true more often, not always because of luck ?

Playboyize
Playboyize

@Emberburn
who the fuck orders shots of espresso?

LuckyDusty
LuckyDusty

@Evil_kitten
Exactly. People don't understand that if you share what you know and everyone starts using it then it won't work as well anymore.

There has to be losers so the few can win. Everyone can't win or it doesn't work.

JunkTop
JunkTop

Short a ton of stock
Buy a small amount of stock
Sell portions of that stock for lower prices that would almost certainly be immediately snatched up
Do this over and over again until you create a panic-sell situatoin
MASSIVE gains on the shorted stock
So why wouldn't this work

Ignoramus
Ignoramus

@JunkTop
I don't do stocks but apparently people used to do things like this and now there are rules against shit like that.

Raving_Cute
Raving_Cute

1467138
1467143
1467185
1467196
1467220
posting your blog on a self destructing image board

CouchChiller
CouchChiller

@JunkTop
One thing to consider is that your sell orders would only be filled on an uptick after a decline activates this uptick rule.
https://en.wikipedia.org/wiki/Uptick_rule
The uptick rule is a trading restriction that states that short selling a stock is only allowed on an uptick.
It is triggered when a security's price decreases by 10% or more from the previous day's closing price

Another thing to consider is that there are plenty of examples of traders entering incorrect prices way below/above the market and they lost hundreds of millions or even billions to the other sharks in the water who smelt the blood because when you are offering APPL for $7.71 instead of $771 they are willing to buy as many as you can give them. And then these typo traders got hit with huge fines from the regulators for manipulation and causing halts.

http://www.efinancialnews.com/story/2007-03-12/the-fat-finger-points-to-trouble-for-traders

https://en.wikipedia.org/wiki/Fat-finger_error

http://www.cnbc.com/id/46835129
Shares of Apple plunged 9 percent on a single trade, causing it to be halted by the single stock circuit breaker rule
A single trade of 100 shares at a price of $542.80 hit the tape at 10:57
The previous trade seconds earlier was at a price of $598.26.
“It looks like a fat finger mistake,”

https://www.quora.com/In-securities-trading-what-does-fat-finger-trade-mean
Apple's share price fell today because a trader supposedly entered a price for Apple stock that was much lower than the market. He essentially gave away apple stock at a steep discount and the market responded with confusion and selling. The activity was so significant that automatic security protocols were launched resulting in a "halt trading" in which Apple's stock stopped trading until the mistake was uncovered. Apple's stock recovered promptly after the error was identified and the shares resumed trading.

ZeroReborn
ZeroReborn

@CouchChiller
But if you have deep enough pockets to exhaust the buyers you may get 'lucky':
https://en.wikipedia.org/wiki/2010_Flash_Crash
detailed how a large mutual fund firm selling an unusually large number of E-Mini S&P contracts first exhausted available buyers, and then how high-frequency traders (HFT) started aggressively selling, accelerating the effect of the mutual fund's selling and contributing to the sharp price declines
determined that a large seller, a mutual fund firm, exhausted available fundamental buyers and then triggered a cascade of selling by intermediaries, particularly high-frequency trading firms.

eGremlin
eGremlin

@TreeEater
lol I know the feel user, I know the feel

FastChef
FastChef

@JunkTop

That's called "painting the tape" I believe and it is illegal

Do not do it. Ever ever

Ignoramus
Ignoramus

@FastChef
@JunkTop
interesting, not tryna to do that just curious. dont you need massive amounts to do that, like millions?

girlDog
girlDog

Does anyone here actually make decent profit from stock investments and how much?

Harmless_Venom
Harmless_Venom

@massdebater

I believe you'll find it's the "farting duck" pattern.

askme
askme

@Flameblow
Topkek

Nojokur
Nojokur

@Burnblaze
i knew it

Supergrass
Supergrass

@TreeEater
shoulda bought Rich Dad, Poor Dad

THEN and only THEN will you be financially successful

Dreamworx
Dreamworx

@5mileys
I got burned once and now I'm too much of a pussy to ever do it again

Not really a good attitude for life tbph

TreeEater
TreeEater

@LuckyDusty
The stock market isn't a zero sum game. Companies are creating value and grow in size organically. Companies develop new tech and new products. Markets expand, economies expand. Zero-sum is just a child-tier meme.

Emberburn
Emberburn

@Nojokur
deal with it.

Flameblow
Flameblow

@JunkTop
lol, the fucking amount of illiteracy on this board. 4 people replied to you, and none of them hit the mark.
if you short a ton of stock, then buy a small amount of stock, you are now short slightly less than a ton of stock and you do not own any. Short 1 million shares, then buy 100,000 shares, you are now net short 900,000 shares. Period. End of story.
Also, thinking that you can just sell your 100,000 shares down to shittier and shittier prices. There is such a thing as a bid/ask spread. You cannot sell at a price lower than the current highest bid. You can try, but your broker will just match your retarded sell order with the NBBO (National Best Buy or Offer). So right now, you could go out and put in a sell order on AAPL for $0.01 and you broker will just execute that order at $106.38 for you.
So much fucking stupid. I don't know why I even.

SniperWish
SniperWish

@Burnblaze
Taking a picture of his screen
Trading geniuses in this thread

Crazy_Nice
Crazy_Nice

@Dreamworx
I got burned once and now I'm too much of a pussy to ever do it again
That's what I said about Three Card Monte.
But now I realize that like penny stocks, I should try again, with more money.

TreeEater
TreeEater

@PackManBrainlure
Where did you learn how to do this? Because of you I recently started looking into this and stumbled upon some videos that teach what I've been painstakingly teaching myself from scratch.

Seems like my crude and simple view of the markets is about to get expanded on exponentially .

I didn't think I would actually learn anything useful here but you helped point me in the right direction.

I'll probably take a break from trading for a while and at the very least skip out on nfp while I study this shit.

TurtleCat
TurtleCat

Anyone else make money on the brazil impeachment? I'm up 120k this year.

Techpill
Techpill

Put $50 in 4 days ago, up to $120 today. This shit is so easy come on senpai you got this

TreeEater
TreeEater

I've got one
Buy cryptocurrency
It goes up 10%
I had no idea it was such a small currency

Skullbone
Skullbone

@TreeEater
I already recommended the book I started with:
@Evilember
you might be interested in the book "Daemon Goldsmith Order Flow Trading for Fun and Profit"
since this was one of the first books I read I see the rest through tinted glasses because now every other book I read I see these concepts between the lines, even going back to Edwards&Magee I these concepts being hinted at.
From here I was able to find a lot more information and ventured out into other concepts related to this by searching for things like: order flow, trapped traders, depth of market, price ladder, market microstructure, tape reading, metagame concepts like lots of traders placing their stops at the same level, institutions with large positions hunting for liquidity.
Al Brooks talks about trapped traders in his price action books.

Evil_kitten
Evil_kitten

@Skullbone
I see thanks. So if you have all this knowledge why aren't you trading? You would make a killing.

w8t4u
w8t4u

@Evil_kitten
Like I said I'm very new to this and I still have a lot to learn and plan on reading many more books first. I enjoy learning as much as I can anyways so I'm enjoying the journey.

Crazy_Nice
Crazy_Nice

@w8t4u
Look up a guy named Mike j huddleston of ict.a lot of it you may already know but I'm sure you will find it very interesting.

massdebater
massdebater

@Spamalot
if you see that beautiful duck pattern and don't buy it you only have yourself to blame

TurtleCat
TurtleCat

It can't be this easy

StonedTime
StonedTime

@TreeEater
you see a stock go up
you get excited
so you buy it too
it goes down
Turns out when the stock is going up, the people and institutions who bought before you were taking profits, causing the stock to go down.

Why don't you do the opposite? Buy during the accumulation phase, after a decline, then sell when the stock is going up and distribution phase.

If you're thinking that doing the opposite is scary, remember that buy when it's scary for ordinary people, and sell when ordinary people are excited and positive.

DeathDog
DeathDog

@TreeEater
What stocks are these my shorting budda

Fried_Sushi
Fried_Sushi

bump

girlDog
girlDog

@StonedTime
This user knows whats up

i usually do this.. got burned a few times by bull traps. I bought the dips and it kept dipping. But thats part of the game. sometimes you learn to cut your losses.

cum2soon
cum2soon

@StonedTime

so buy low and sell high?

HOLY SHIT WHO WOULD HAVE THOUGHT

WE HAVE A MODERN DAY GENIUS HERE

cum2soon
cum2soon

@cum2soon
It's a lot more complicated than you are making it seem.

@girlDog
This guy seems to know what's up to.

There are trap moves that make you think it's going one way when it's really going another way and it happens very very fast.

You have to have a great understanding of what's going on. I mean honestly would you have sold into this here or bought it? It moved down in seconds and back up in seconds.

Of course you can set limits but you have to know exactly where to place them and it takes either a lot of luck or a great understanding of what's happening

@AwesomeTucker

StonedTime
StonedTime

@Crazy_Nice
I looked into ICT back when I was researching hunting for liquidity but I didn't look into it any further but now you've brought it to my attention that it is much much deeper than than. I really like it so far. I especially like how it unifies a lot of concepts from different camps into one framework. Thanks for pointing that out to me.

BinaryMan
BinaryMan

@Flameblow
And then it goes up
kek

Dreamworx
Dreamworx

@BlogWobbles
Nicely wew'd my lad.

Booteefool
Booteefool

@BlogWobbles
nicely wew'd my lad

viagrandad
viagrandad

@Sharpcharm
heads on your shoulders
Kek
@TreeEater
@Evilember
@cum2soon
Man you guys are actually idiots
There are many successful traders who use fundamentals, technical analysis and quantitative as well as qualitative analysis to make decisions. TA is not a meme, you're on a 5chan finance board lol. Of course no one here would know how to use it, but it works. Paul tudor Jones etc. When certain ratios reach cyclical lows and macro sentiment is smooth and there's an RSI & MACD bullish divergence near a key fibonacci retracement level it can indicate a reversal you cuck. Its a cyborg finance world, not your dad's 1980s human only market

takes2long
takes2long

@TreeEater

not staying the course

Carnalpleasure
Carnalpleasure

@StonedTime
No thank you friend. I was starting to put together a lot of the little pieces from teaching myself how to swing trade basically.

And some of the things you mentioned like order blocks got me digging and looking and it led me to this guy.

I've been watching his stuff and it's starting to fill in the gaps of what I've been discovering on my own.

I think I'll take a break from trading for a while and study.

I already have some new ideas on how I want to eventually trade. Thinking of trading somewhere between how a hedge fund and an institutional trades.

I want to position and swing trade while stacking orders for my position trades and unload them at the end of the cycle and then do it the opposite way back every cycle.

I thought I couldn't find anything worthwhile here but I found you and it helped lead me to where I needed to look next.

Dreamworx
Dreamworx

@5mileys
mutual funds
Enjoy your high MERs when you can get the same or better returns with ETFs

cum2soon
cum2soon

URRE you're welcome

MPmaster
MPmaster

@TreeEater

retard

Deadlyinx
Deadlyinx

Been on this thread for almost 20 and still don't know wtf is being discussed.

Finance grad here lol

Emberburn
Emberburn

@BlogWobbles
nicely wew'd my lad

AwesomeTucker
AwesomeTucker

Buy stocks.
Stock goes down.
Buy more of said stock.
Stock goes down.
Buy even more of said stock.
Stock goes up.
Profit.

Literally half of every stock I've bought goes down when I buy it.

It's difficult to pick the perfect time to buy, so you just get as close as you can then average down until you feel comfortable holding or it bottoms out.

Playboyize
Playboyize

This thread has been here like a week now what the fuk is even going on in it?
How come my "every stock I buy goes down thread" didn't last a week and have 200 replies?

Gigastrength
Gigastrength

@Playboyize
What the fuck actually over a week now

Techpill
Techpill

@AwesomeTucker
buy stock
stock goes down
buy more stock
stock goes down more
buy more stock
stock continues to fall
buy more stock on margin
stock stays at bottom
stock doesn't rise for 10 years
all your money you ever had is tied up and you have absolutely nothing to show for it.

this WILL happen to you the more you work in the markets. its up to you how much money you want to lose.
This is how great wealth dies.

WebTool
WebTool

@AwesomeTucker
More like

Buy stocks.
Stock goes down.
Buy more of said stock.
Stock goes down.
Buy even more of said stock.
Stock goes up.
Doesn't go above your average price/share.
Falls down again.
You buy more.
Falls more.
You buy more.
Stock rises.
Still doesn't go above your average price.
You by more.
Stock falls more.
Stock is flatlining.
Stock is in danger of delisting.
You panic. But because it will go up you don't sell, though you're down 90%.
Stock gets delisted.
Stock is fucking dead and your shares are worth less than a penny.

Add some stock splits in there so your shares really do end up worth less than a penny by the end of the day.

kizzmybutt
kizzmybutt

@Crazy_Nice
@Carnalpleasure
Have you looked into analyzing volume going off at the bid and offer? This nicely complements with orderflow analysis. Some call this footprint charts of volume delta or volume profile and there are several products that offer this such as sierra and marketdelta and ninja. here are just a few examples of what this looks like but there is plenty more out there on youtube.
https://www.youtube.com/watch?v=abH9NkZev68
https://youtu.be/oZ_9GksAGms?t=1098
https://youtu.be/fEcTYDrDuUA?t=1573
https://youtu.be/9vtb10g7oHs?t=2857

haveahappyday
haveahappyday

Buy a stock, stock goes down.
Buy more of said stock, it goes down even more.
Stock stays at the bottom for months, you wait patiently.
It falls even more after months of waiting.
"Well, I guess I should cut my 60% loss"
Sell stock.
Next day it goes up 40%.
"I'm not falling for that trick again, I'm not buying you, only to go down the next day."
Stock goes up 25%
Stock goes up 30% again the next day.
"alright, I guess I should buy. Don't wanna be left out."
Buy stock.
It goes down 50%.

Poker_Star
Poker_Star

@haveahappyday
This post is perfect.

/thread

TreeEater
TreeEater

@massdebater
Only if the duck is facing upward. The duck is looking straight down so it's imminent doom

ZeroReborn
ZeroReborn

$URRE$

CodeBuns
CodeBuns

@TreeEater
So I checked a paper trading account I hadn't used in a year and I made about $1500 profits in that time. I'd say that's pretty fucking good but what do you faggots think?

girlDog
girlDog

@Spamalot

Utter retardation. Price is a reflection of fools fears and emotions over it. All the good investors like ben graham and buffett agree with this.

Do good fundamental analysis and find companies that do good business.

hairygrape
hairygrape

@girlDog
Price is a reflection of fools fears and emotions over it.
Do good fundamental analysis and find companies that do good business.

That's a contradiction. No matter how good a company is, if fools aren't emotional about it, price won't move. No matter how shitty a company is, if people are emotional and positive about it, price will move up.

Fundamental analysis doesn't matter. It's a waste of time. Same with technical analysis. Better do a psychological analysis.

@CodeBuns
Buy and hold works in an uptrending market. If the market was trending down for the past year, you would have made -$1500 in losses.

Firespawn
Firespawn

@CodeBuns
Depends how much you started with.
$2000? Fucking great gains.
$50000? Fucking pathetic.

Emberburn
Emberburn

@hairygrape

That's not true though. Only a fool would buy a stock on the price alone. If the company is great but nobody is excited about it, then the price is probably undervalued and you can make good money on it as its earnings increase (and thus, its price will increase anyway).

Booteefool
Booteefool

@Burnblaze
what app is that?

SniperWish
SniperWish

@Emberburn
and thus, its price will increase anyway
Why would its price increase?

Earnings don't make a stock's price increase. It's possible that a company can have growing earnings but flat stock price.

So why would an undervalued company's stock price increase? Answer: When people get excited about the company and start buying. So why study fundamentals when it's the people that make the price move, for both undervalued, overvalued, good, and bad companies.

The most important single factor in making money in the stock market is public psychology. The fact that people think prices are going to advance or decline very much contributes to their movement, and the very momentum of the trend itself tends to perpetuate itself.

An understanding of mass psychology is often more important than an understanding of economics. Markets are driven by human beings making human errors and also making super-human insights.

VisualMaster
VisualMaster

@SniperWish

Why would its price increase?

Because:

Earnings are the engine that drives the share price. If the engine fails or falters the price will come down. There can be no doubt that earnings per share growth and the performance of share prices are umbilically linked, though there may be long periods during which they get out of kilter

t. Jim Slater, a guy who has been investing successfully longer than you've been breathing, ran an investment conglomerate, and also made himself and many of his friends rich with his method.

GoogleCat
GoogleCat

@VisualMaster
Earnings are the engine that drives the share price.

Nope. If no one buys the stock, or if there's no demand, the price will not go up. And who buys the stock? the irrational humans

A fundamentally good, undervalued company with good earnings can have a flat stock price for a long, long time.

John Maynard Keynes said,
"The market can stay irrational longer than you can stay solvent."

Nojokur
Nojokur

@VisualMaster
It's the people's expectations that matter, not the earnings. If a company has negative earnings, lots of debt, but people expect the company to make it big in the near future (because there's a new CEO and it's the Google guys, for example), a lot will buy it and the stock price will go up.

That's just an example. Negative earnings, lots of debt, but people are excited because they believe in the CEO, its price can go up quickly.

Stark_Naked
Stark_Naked

@Nojokur
Oh I don't disagree with that at all.

But going back to my original point, and it seems you agre with me here, people's expectations can hugely influence the price.

And like Graham said with his analogy of Mr Market, you shouldn't pay attention to the whims of others.

Instead you have to do good fundamental analysis and find companies with intrinsic value to invest in.

Booteefool
Booteefool

@Emberburn
Is it possible to be successful at technical analysis by checking stocks occasionally throughout the day?

kizzmybutt
kizzmybutt

@Playboyize
I used my heart
Never change Veeky Forums... Never change.

VisualMaster
VisualMaster

@Techpill
5 year plan dude. dont watch the market every other day. look at months, and years. thats the big win.

Bidwell
Bidwell

@VisualMaster
this

don't be a day trader unless you have tons of fun money to play with that is separate from your day to day expenses.

buy into total stock and total bond market index funds or etf type blends weekly or monthly.

Over a lengthy amount of time doing this you can start generating decent passive income monthly, all while not having to worry about anything other than rebalancing your portfolio between stocks and bond funds.

Fuzzy_Logic
Fuzzy_Logic

@Booteefool

more to my earlier points:

In the heyday of strong “efficient market” views, the accounting that
fundament investors so rely on was dismissed: accounting does not
matter, it was said, for the market can see through the accounting. What
then, one might ask, does the market see? The standard answer is
that the market sees through to the future cash flows. But one cannot,
of course, see the future. The market must see something observable,
something real, and that reality must be some form of information that
forecasts future cash flows. We, of course, do see factories, employees,
the movement of goods and delivery of ser vices, but accounting produces a repre sen ta tion of these realities appropriate for valuation.

Garbage Can Lid
Garbage Can Lid

2016
still falling for the stock market mem
ISHYGDDT

Evilember
Evilember

@kizzmybutt
Seems cool but I'm not interested in any fancy expensive indicators. And my technical analysis skills and ability to read market structure is growing much quicker than it could have on its own. I can now see more complex price action so I'll just keep honing this skill.

@Evil_kitten
Why do you waste your time with these fools? They'll never appreciate what you try to teach and most won't even understand.

Dreamworx
Dreamworx

Business is more about rocks and shit than your pathetic existence.

Methnerd
Methnerd

@Booteefool
robin hood.

let me know if u want some recommendations / strategies.

i can break u off 3 really hot tips for the coming few months.

BinaryMan
BinaryMan

@Methnerd
lets hear it

Supergrass
Supergrass

@BinaryMan
buy MEET at around 6.00 if you can , they were hit in publicity and are about to start buying back shares, seems kinda insider, but what do I know. who would say....

trade the swings on KO , you can get in now.

trade the swings in FOX.A
(or b, i happen to prefer a shares)
you can get in now :)
<3

Crazy_Nice
Crazy_Nice

@Methnerd

why would i possibly care about someone pulling in sub 3%

Lord_Tryzalot
Lord_Tryzalot

@Methnerd
how about you post the "ALL" chart then we can talk

Spamalot
Spamalot

@Crazy_Nice
if u like low risk?
instead of putting all ur cash in meme stocks with scary looking balance sheets?
i run a fund and an online bank/brokerage soo i dont have a need or want to pull death defying financial heroics.

happy_sad
happy_sad

@Spamalot

You are showing me a 3% increase on $1000, if you are doing that with a well-balanced hedge fund then congrats, but with $1000 I don't see the point. Why not make 10% trading AMD and just let profits sit in BRK.B?

w8t4u
w8t4u

@Lord_Tryzalot
cuz its the same , but with a longer tail. i haven't had robin hood on my phone for that long, didn't know it existed. i been throwing some spare change into it, testing out some strategies for the fund.

@happy_sad
its only 3 percent so far, thats more like the taste, im actually telling u when 2 get in so.... i expect all three of those to deliver upwards of 30% but. u wouldn't want me to tell u after i took down the profits and they peaked would you?
or are u one of those buy high sell lows?

Playboyize
Playboyize

@w8t4u

I appreciate the calls. It just seems a bit silly to be posting a gain of 3% in a month and acting like that's a lot of clout. I would recommend AMRS, anything gold related, and buying the AMD dip. Maybe SWHC. MSTX if you are a memer.

Skullbone
Skullbone

@w8t4u
the "ALL" chart doesn't show the tail.. the year chart would.. so stop being a faggot and show it or else nobody cares about your little gains

Firespawn
Firespawn

@Playboyize
in all the time that i posted here , have i ever posted negative?

@Skullbone
feel stupid.
now.
not about being wrong.
about being rude and wrong.

TalkBomber
TalkBomber

@Firespawn
and now apologize, for using ur online anonymity to be a real lyfe jerk

StonedTime
StonedTime

@TreeEater
tfw I made 15% in the last 2 weeks on asx.RAP

VisualMaster
VisualMaster

@Firespawn
proove me wrong then

CodeBuns
CodeBuns

@BlogWobbles
nicely wew'd my lad

Carnalpleasure
Carnalpleasure

@haveahappyday
quit investing i n shitty pump n dump schemes retard

5mileys
5mileys

bump

hairygrape
hairygrape

@Supergrass
Tfw bought meet at 5.28

Sharpcharm
Sharpcharm

@hairygrape
its still a good time to buy meet.
im gonna hold mine for a few years.
teens aint gonna stop being horny, and advertisers aint gonna stop capitalizing on them.
internet stocks make huge gains. and this companies got solid books.
that price is gonna hit at least 25 before i sell... but thats just me

GoogleCat
GoogleCat

@BlogWobbles
nicely wew'd my lad

Lunatick
Lunatick

@Supergrass
How do you know about the buybacks?

happy_sad
happy_sad

@Lunatick
i work with a highly compensated research team that procures cutting edge information , in an extremely timely manner. they're are certain questions I don't ask them, and they're are certain answers they cannot legally disclose, but , you nor i wouldn't nor couldn't be legally liable for acting on this information.

cum2soon
cum2soon

@happy_sad
Thanks. It's just hard to trust an user on Veeky Forums (and especially one who works for a research team yet can't type 'there are' correctly :^))

AwesomeTucker
AwesomeTucker

@cum2soon
yo, i was being sarcastic . it on their investor relations .

when u go to the site, create profile, link it on ur fb and twitter, recruitment adds to their bottom line marketing pitch to advertisers.

this is the best kinda business to be in right now but if you cant research ur own due dilligence, honestly, you dont deserve to make the money.

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