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WTF? what is the opposite of the big short? you cant answer that shit HAF

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  • WTF? what is the opposite of the big short? you cant answer that shit HAF

    Ding dong the 2006 nwp is dead. We tried to hold on to the magic as long as we could. Team retard is a deal breaker, poker is faggot, Lets face it, just because Sonatine had the mid life observation that he knows a lot of dumber, younger people that have more money than him, still doesn't make investing "not faggot" Let's help each other out, give you best honest advice to people that have been part of your life for years. (fuck you, I'm going last) GO
    Last edited by yang; 06-13-2023, 10:44 PM.

  • #2
    Oh, and if you wasted more than 1% of your grey matter for 45 seconds on "bud light" please fuck off.

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    • #3
      That was wrong of me, what I really wanted to say was " please die in a fucking grease fire"

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      • sonatine
        sonatine commented
        Editing a comment
        legend alert

    • #4
      you know, at the end of the day, i want to gamble, but i also want to get rich from it, so i basically crunched the numbers on the available options...

      the absolute worst place to attempt it is table games, which are mathematically impossible to beat by design. duh sfo.

      the 2nd worse place is poker tables. very very very few people make money and keep that money in poker. everyone is always in debt to each other, the rake is extortion, b&m is torture and online is completely untrustworthy. plus the learning curve is fucking vicious.

      the only place i saw actual millionaires being minted was the market. the top slot went to investment bankers who were making literal millions of dollars in bonuses alone without ever really having any substantial risk. thats been a complaint about institutional investors since the mid 2000's; there is virtually no penalty for failure for them. but thats a highly specialized gig for people who have connections and/or very specific educations, its not an option for mortals.

      crypto was/is a giant MLM essentially and i didnt want to have to grift my way into the cool kids club to get in on mints etc. so that was out.

      stocks seemed beatable (suuure) but you know, when people go off about being a 'success' at stocks its like, wow they managed to earn more than a savings account would pay. and then the next year they go busto or whatever.

      i settled on options for a while but if you dont have 25k handy to get past the pattern day trader regs, youre at a huge disadvantage. also its one of the most mathematically scrutinized markets. there is basically no edge; everything is priced in and the market makers very rarely take Ls. exception being weird shit like tesla, gamestop, so on.

      anyway one time i was talking to a customer support rep at TDAmeritrade about some day trading violation concerns i had about one of my accounts and he was like 'dude you should trade futures'.

      so i looked into futures and i liked what i saw.

      - no limits on trades.
      - psychotic over the top leverage all over the place.
      - LOTS of people make extremely good livings trading futures and quite a few become outright rich.
      - insanely liquid market on SPX and pretty good liquidity on NQ as well.

      the downside is that its not really a very social activity. if you have a working system for trading futures, you really dont talk about it. its not like options or stocks where every fucking influencer on the planet has 30 hours of youtube videos about their PrOveN SySTeM.

      so i dont really get the opportunity to have lots of intense convos about futures here. shrug.

      but you know.. last month i invested $2000 into setting up some prop accounts and about 10 days later i nailed a $47,250 profit trade that lasted about 20 seconds. im just saying.

      every so often i splash around with options still. im currently sitting on a 30 day $AI call thats doing well. but if/when i start posting pics of me doing a pacific crossing in my new 40' catamaran, i can pretty much guarantee you that futures will have paid for it.

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      • yang
        yang commented
        Editing a comment
        I wasn't in any way trying to throw shade. I somehow managed to get to the point in life that talking about money bores me. I would much rather talk about the time I was 12, and Susie Adkins let me play with her boobies.

      • sonatine
        sonatine commented
        Editing a comment
        yang i absolutely 100% didnt take it as shade! i enjoyed your posts actually. i was just describing a personal arc, and why im not driving a lot of discussions about stock these days.
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