/biz/ - Business & Finance

>>17557060
do it fgt

>>17557060
That doesn't make what he said untrue, and you would look like a faggot just trying to show off.

Do it pussy

>>17557060
You can beat the market easily with a 100% success rate. You just put all of your savings in the s&p 500 and get a minumum wage job. The less money you have, the more you beat the stock market.

>>17557060
well, maybe that is why he is a professor and not a trader?
common sense: someone has to win right? and probably consistently. its not a game where there are only losers. the big big majority are but not all. these few do something right to be able to win. there are methods and those who win, use them.

>>17557060
well maybe this professor faggot will define what it means 'to beat the market' before baiting

>>17557060
Funds are SAFU

>>17557113
sorry but how is putting your money on the s&p 500 beating the market? the S&P 500 is literally the index used as benchmark when talking about beating the market. sometimes I wonder if I am on /biz/ or on a basket weaving forum.

>>17557347
fucking kek

>>17557118
>its not a game where there are only losers. the big big majority are but not all. these few do something right to be able to win. there are methods and those who win, use them.
>He doesn't understand probability
NGMI

>>17557418

>>17558527
>posts some low effort shit about probabilities trying to appear smart. explains absolutely nothing about the reasoning of post.
you will surely make it. I really hope you do. but yes, youre probably like the rest of the gamblers here which got sour after getting fucked by going all in with 10x leverage on some shitcrust token. but go ahead, tell me about probabilities.

>>17557060
Kek. I beat the market every day with one to two scalps with high leverage.

My bot destroys the markets even more.

Those who teach finance always think they're right, there is truth to the statement though. It's rare to beat the market, well if most people invest in pump and dumps they won't unless they sell. People think the market is this magical place where you can get an order filled and forget about it for the next 10 years. These people, most likely boomers, are the majority in the market.

Anyone can beat the market if they do some study. In crypto it's easy due to the volatility, you're not going to get a 500% return off the s&p in a year. You easily can in a day with crypto.

no shit. if your prof could beat the market he wouldn't be teaching a bunch of dipshit college kids, he'd be on a beach in St. John

>>17559725
can you follow up on your strategy for a learning anon? thx

>>17559725
>easily

that's where you overstepped anon

>>17557347
First time a poopoo peepee has made me genuinely laugh

how much money does CZ have

>>17559725
Hello, I'm a CS student who's working on studying quant finance for fun.

I've been looking into neural networks, particularly RNN with a LTSM feature for bitcoin price or trend forecasting. Do you have any ideas to throw my way?

ITT: Cringe LARPers
sage

>>17557060
>finance proffesor says
Finance professor is a finance professor because he couldn't get a high paying job in finance. Nor make it on his own.

We have a saying in my country that goes something like this: "Those that are worthy are worthy, those who are not, they teach"

>>17561142
First off
>expanding brain.png
Second, I disagree. I think true teachers are masters in their trade/field and the reason they teach is that they want to leave behind their knowledge to the next generations.
At least that's how it should be but there are very few true teachers atm and the rest are just completely retarded.

>>17561202
>true teachers
>At least that's how it should be
How old are you?

>>17557060
show Chainlink charts, on this meme board with autistic neets going all in at 20 cent

>>17561261
Relax, grandpa, the doomer mindset has fried your brain.

>>17560866
It's simple, find tops and bottoms. That's all. The closer you are the better your trade.
>>17560897
Nein it's easy, just takes time
>>17560972
Lstm is dogshit. Look towards CNN.

Forecasting is hard man, I still haven't gotten it done properly. Just look for tops and bottoms.
You can also make a risk management strat that takes into account the price and whether the leverage is worth for entering a trade. I.e. if the leverage calculated is over X then enter a trade. The higher the better.

>>17560972
Also quant is fucked. You don't need to trade that much. Short term swing (2-3 days) trading is more profitable

>>17561202
sh-should we raise taxes to pay teachers more? Faggot. Socialists get helicopter rides.

>>17557060
Over the long term (10+ years), it's true.
Over 80% of active managers cannot beat the index over 1 year.
Folks drop off every year.
Over 15 years, nobody can consistently beat the indexes.

This board is not full of people who have beaten the market.
This board is full of people with amnesia. People who only remember their wins and not their losses.
By definition , retail traders don't have a market edge. Fool, keep your god damn hand down.

>>17561540
There's a flaw in your logic though: people are, on average, very stupid. You assume hedge fund managers chosen based on their investing skill... But how do you know?
I think a daytrader with a 145+ IQ can beat the market consistently

>>17561516
cringe burgermutt logic, rot in your swine shithole then

>>17557347
hello? based?

>>17561479
>>17561428
Ok, thank you. I appreciate it.

>>17561632
Then where are all the rich 145+ IQ daytraders?
Protip: they do not exist. Also you need to understand that high IQ people tend to be MORE risk adverse AND indecisive than average IQ folks.
>You assume hedge fund managers chosen based on their investing skill
You don't understand the definition of financial hedging so I'm not surprise that you also assume that hedge fund managers have no "investing skill"

>>17561202
Lolno

>>17561868
Just leave the cringe LARP thread, it's pointless.
People here think they are some kind of 200 IQ demigods and market manipulators just because they've made $1000 from a trade once.
I cannot even begin to describe the pathetic state of this situation and am not going to bother.
I suggest you do the same, assuming you are not retarded and/or a masochist.

>>17557060
Do it so this boards gets full of normie faggots

>>17561868
this. why was everyone pissed at algo traders? because they fucked everyone else. why was everyone pissed at hedge funds? because they ... You get the idea. You have to know how to win over someone in a game. Those who lose will always cry and blame those who win of cheating.

>>17561202
What fuckin school do you go to? Every professor I had either spoke shit English and or lack so much energy. And if you don’t toe the line with sjw kiss your grade goodbye

>>17562163
No, I was just daydreaming.
Teachers like that are extremely rare.
Have met only one and it was in HS.
Changed my life in a very positive way.

>>17561202
Found the finance teacher kek.

>>17562298
My conclusion was that 99% of them are retarded.
On what base did you assume I'm some burger's boomer teacher?
Don't answer.

no one cares snowflake

>>17557060
>past three years
>extremely rare
>sample size = 1

>>17562813
based sage

>>17557060
>Excuse me professor, but I made thousands of dollara in LINK tokens that a chinese basket weaving forum told me...
>yo where dis nigga live at bruh? we gon rob his bitch ass tonite

>>17557113
None of what you said made any sense

>>17561868
There are 350k people in the US win an iq of 145+ (1 in 1000).

>>17557060
People like you are the reason places like this get tuned to shit. Don't tell people about the goose that lays the golden egg until you've cahsed out.

>>17557060
>I have beasten the market for the past three years

In ten years you'll realize he was right. You probably just got lucky with LINK or something. You won't be lucky forever.

>>17563010
If you have 100 dollars in the S&P 500, and you make 100 dollars at McDonalds, and the market stays flat, you have beaten the market on that day by a factor of 200%. Your net worth has risen from 100 to 200 dollars.

I'm trying to elucidate the fact that "beating the market" is a moot goal.
The market may be in recession, and you may beat the returns of the market, but you still lose most of your money. People do not "make it" by trying to beat the market. Most people "make it" off a career trade, like the big short, breaking the British Bank, early Bitcoin, etc.

Beating the market will not make you rich.
Only getting a lot of money will do that.

>>17557090
this

>>17563338
Luck CAN last forever, thats why its fuckinf luck

>>17557060

he's saying this to protect norma and billie joe from loosing their life savings

its possible to beat the market but its rare that someone good enough to do it isnt already in finance (and so the market) or working for a fund.

its possible that there are a few natural geniuses out there working shit retail jobs like you who could better identify a disease than a doctor via self education, but eqaully unlikely

finance, like poker is something everyone thinks they're good at when really its a serious profession.

don't worry tho anon, i doubt some banker could beat you at stock shelves either.

small portfolio easy, do it with a few bill under management different story...

people allocate capital to managers not because they want to beat the market, some institutions are told to seek out "risk" and that risk is found in a fund that "doesn't beat the index"