Investing General Discussion

Haus

Haus

I am Big Balls!
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Jysin said:
This is possibly the dumbest post I’ve seen in a while in this thread. If you think pro traders are out there alt-tabbing, you’re impossibly ignorant.

I’ve got 4x 27” monitors and I’ve been itching for another two. I’ve an entire monitor dedicated to macro charts (SPY, TICK, QQQ, US02Y/10Y, USO, etc). Another monitor with what I am trading broken into multiple timeframes, with a couple private trade room chats scrolling on the side. Another monitor scrolling TradetheNews feed and squawk, typically with Bloomberg or CNBC muted in the background, as well as a Bookmap chart. The final screen entirely dedicated to the 3 brokers I am using. (Lightspeed for quick Daytrades, ToS for swings and options, Fidelity ATP for IRA / 401k trading.

There are far crazier setups out there than mine.
Click to expand...
Not to mention in my work, I live and die in presentations delivered over Zoom. One monitor has to show what my customers are seeing as I present to it, and another (not shared) contains the side channel conversations so that the other people in my company involved in these presentations can be "side feeding" me input as we go. Absolutely essential.
 
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Borzak

Borzak

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I'm sure these are going places. Assuming down is a place.

finance.yahoo.com

‘Too Cheap to Ignore’: Cathie Wood Snaps Up These 2 Stocks Under $5

In the aftermath of last month’s failure of Silicon Valley Bank and the resulting banking crisis, economists and market experts are now turning their attention to the bigger picture, and unfortunately, the outlook is bleak. Cathie Wood, founder and head of ARK Investment, has pointed out that...
finance.yahoo.com finance.yahoo.com

Butterfly Network (BFLY)
SomaLogic, Inc. (SLGC)
 
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Borzak

Borzak

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Been a long time since stagflation was the hot topic. Starting to hear that more and more often.
 
Gravel

Gravel

Mr. Poopybutthole
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All you have to do is have $30 and get a measly 5% per trading day?

Where do I sign up?

And why is she so simple minded not to scrounge up more than $30 for this scam?
 
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Zzen

Zzen

Potato del Grande
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Shit, I knew Shonuff was black, but I didn’t know he was a fat woman 🤷‍♂️
 
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fris

fris

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It's that one of those Facebook math problems where you try to figure out what 2 carrots equals?
 
Borzak

Borzak

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Laugh now, but going off that post I'm a multi multi billionaire already from the last 35 years and never knew it.
 
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Burns

Burns

Avatar of War Slayer
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Edaw said:
View attachment 468743

Click to expand...

Maybe a parody account? Otherwise, what math even gets those numbers? I can't tell where the mistakes were made. A 5% daily compounding interest on $30, starting Jan 1, is way more than 32.92 by Jan 31. Even if you only count 20 business days in January....that's $79.60?

Edit: Playing around with the calculator, she is short changing herself. With 252 trading days in the year you get:
2023-04-13 04.11.35 www.bankrate.com b20cc501d3b6.png
 
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Borzak

Borzak

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LOL if you do daily 5 times a week you quickly get into Elon Musk money after just a few years and then rapidly into errors calculating it on a computer.

In 5 years you get into 21 zeros at 5 days a week 4% compounded daily. Yeah that's the ticket. I could pay off the debt, well of the countries and states I wanted to that I owned.
 
Khane

Khane

Got something right about marriage
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Bought $30 of Dogecoin. Currently shopping around for land, an architect, and a developer to build my own personal golf course.
 
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Borzak

Borzak

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Now calculate how high the inflation rate would go. Just a guess you would rapidly run into problems calculating a number that high.
 
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