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/biz/ - Business & Finance

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File: 865 KB, 919x823, CIS.png [View same] [iqdb] [saucenao] [google]
16879391 No.16879391 [Reply] [Original]

>Multimillionaire trader's golden rule: buy when most people are selling and sell when most people are buying.

Thoughts?

>> No.16879418

>>16879391
aint nobody selling tesla yet, shouldnt we be shorting?

>> No.16879565

>>16879391
>millions of yen
so about 10k euro/usd? I've made that much naked, pajamas are for fags

>> No.16879582

>>16879391
>generic advice everyone on this board has probably heard before
literally every "stock genius" says this when asked their secret to success, it doesn't tell us anything.

>> No.16879595

>>16879565
> guy who made >US$200m trading from his home
COPE

>> No.16879627
File: 53 KB, 500x442, 1532010117642.jpg [View same] [iqdb] [saucenao] [google]
16879627

>>16879391
pic related

>> No.16879696

>>16879582
its because it really is that simple

>> No.16879729

So, you better buy Quant now.

>> No.16879784

>>16879582
guy gets lucky, breaking news at 11

>> No.16879800

>>16879391
This is good way to turn your investments to zero

>> No.16879825

>>16879391
https://twitter.com/cissan_9984

>> No.16879929

Is this that guy who keeps making money from reading charts all day but has no idea how to spend any of it. Dude's based.

>> No.16879974

>>16879929
I don't think he's actualy making any money now - HFTs have pretty much eliminated his style of trading. But the guy is rich so he's probably invested in private equities and shit.

>> No.16880040

>>16879974
>guy who doesn't make any money on the market thinks he knows stuff about the market
Typical poorfag brainlet

>> No.16880069

>>16879582
>>16879696
>>16879784
Do people really think that people who’ve made millions using specific tactics would tell everyone what their tactics are? Clearly, he’s doing something with method. It is not luck. There is no luck in the repeated generation of money. Why are people so fucking dumb?

>> No.16880169

>>16879729
Thanks just bought 100,000

>> No.16880214

>>16879391
So you’re saying you should buy(long) at high prices and sell(short) at low prices? Sounds good to me.

>> No.16880342

>>16879391
Many people selling BSV, already down 30% since 2 days.

Better buy now sir, japanese pyjama millionaire will make you rich too. Please buy BSV sir.

>> No.16880533
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16880533

>>16879582
generic advice but even worse OP got it wrong, CIS advices "buy what is being bought, sell what is being sold." ie trend follower but was actually a tape trader

>> No.16880756
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16880756

>>16879582

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book. There is ample opportunity to use wealth in this world, and neither I nor my friends, nor anyone else I have ever met, has so much of it that they are interested in putting themselves at a disadvantage by sharing their secrets." - Victor Niederhoffer