/biz/ - Business & Finance

>>24465151
Some are for sure, but many more are likely getting annihilated by forces out of their control.

>>24465151
Making money in the aggregate? No.

>>24465151
bruh they don't call themselves retards for nothin. most of the tards there lose money. just put 90% of your money into fucking bitcoin and gamble the rest if you want.

>>24465151
i only go there for the loss porn

>>24465151
Idk but they always out themselves on here by saying shit like "gay bears". Plus for every 1 person who makes huge gains probably 200 have lost it all. Buying options are almost a sure way to lose money, the real strategy is selling them.

> t. Tasty trader

>>24465151
Yep these guys are the real winner. Biz is for fucking losers wsb cars are actually making real money

>>24465174
This, just like any other gambling racket. The ones who win big post about their winnings and the ones who lose their shirts end up roping and you never hear their stories. Standard survivorship bias shit.

>>24465208
What is that m8?

>>24465151
I think it's a more sophisticated version of /biz/ because there's actually some rhyme and reason to stocks versus crypto just being a bunch of ponzis

>>24465151
WE HAVE A STOCK MARKET GENERAL AND IM ABOUT TO BAKE A NEW ONE AT 300 REPLIES

>>24465151
>Brokers
https://pastebin.com/F1yujtVq

>Stock market Words
https://pastebin.com/VtnpN5iJ

>Risk Management
https://pastebin.com/sqJUcbjp

>Live Streams
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/
https://wallmine.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/
https://www.msn.com/money

>Bio-pharma Catalyst Calendar
https:/
>>24463807 gov.xrrf:.executeReplythread4channelbiz./12/2020.21:57

Toffee popcorn edition

>Brokers
https://pastebin.com/F1yujtVq (embed)

>Stock market Words
https://pastebin.com/VtnpN5iJ (embed)

>Risk Management
https://pastebin.com/sqJUcbjp (embed)

>Live Streams
http://www.livenewson.com/american/bloomberg-television-business.html
https://watchnewslive.tv/watch-cnbc-live-stream-free-24-7/

>Educational Sites
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain

>Free Charts
http://www.tradingview.com
https://www.finscreener.com/
https://wallmine.com/

>Screeners
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/
https://www.msn.com/money

>Bio-pharma Catalyst Calendar
https://biopharmcatalyst.com

>Boomer Investing 101
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) Calculator
https://www.dividendchannel.com/drip-returns-calculator/

>List of hedge fund holdings
https://fintel.io/

>Suggested books:
https://pastebin.com/jgA5zTuC (embed)

>Misc
https://squeezemetrics.com/monitor
https://market24hclock.com/
https://tradingeconomics.com
https://www.koyfin.com/

>Weekly /smg/ updates
Episode 1 - [YouTube] /smg/ 11/07/20. first vlog (embed)
Episode 2 - [YouTube] /smg/ video update episode 2 (embed)
Episode 3 - [YouTube] /smg/ video update 11/19/20 (embed)
Episode 4 - [YouTube] /smg/ episode 4 Thanksgiving extravaganza (embed)

>Links for (You)
https://suicidepreventionlifeline.org/
https://www.sprc.org/
https://www.nimh.nih.gov/health/topics/suicide-prevention/index.shtml

Previous:>>24463807 (Cross-thread)

at least they say fag and retard, but still fuck plebbit.

>>24465555
Nice.

>>24465398
Wsb posts a lot about losses. Probably just as much as the wins. This place is way worse in that regard

>>24465555
>>24465599
checked

>>24465402
he means getting joy in other people's financial losses (which are frequently posted there)

>>24465151
Those guys are so much smarter than /biz/ and I’m going back there. Cya nerds good luck with your internet money or whatever

>>24465151
I do well in both options and crypto. There is no reason to do one or the other.

WSB makes everyone here look like idiots because they bet on stocks instead of blockchain and coin of the week.

>>24465151
Heavy survivor bias.

Been on WSB since 2016, its gone downhill since maybe 2 years ago.. although the memes are probably near all time highs right now.

PLTR is being shilled on there no-stop and it seems to have worked too.

Go to r/thetagang if you actually want to make bank using wheel strats.

>>24465662
Ok you should probably go back then.

>>24465151
You have to go back.

>>24465151
It's pretty much babby's first stock market exposure. Probably mainly filled with retarded redditors who stumbled on to it and thought it would be cool to play adult and put a whole $80 on some dumb pharmaceutical play some shill mill discord upvoted. If you're used to just plopping money into a stack of crypto and letting it grow like LINK you should probably stick to it.

Go back

Margin and 3x ETFs > Options

>>24465151

Trustfunders and techies, name a more loathsome combo

BOTY
boty
BOTY
boty
buy boty?

I've made 360% in moderna stocks on robinhood thanks to a 4chan conspiracy video.
As with politics, you should exploit both sides and not swear allegiance to either.

>>24465151
buy options is retarded. selling options is based.

>>24465402
they laugh at what we would pink wojack for.
This is loss porn

>>24468001
you and me

>>24465151
When something trends on WSB I use it as a massive sell signal. Case in point: PLTR. WSB is good for gauging normie FOMO sentiment on pumps. A good pump has four stages: initial new pussy $, paper hand dip, FOMO, and dumping on the normies. If you can gauge where you are on the pump you're good to go. Guess where WSB is on this. Spoiler alert: it's not before the smart money dumps their bags.

>>24465151
You can join Theta Gang for comfy and consistent gains.

Google “The Wheel Strategy” for options.

I learned to trade options there and I've made a lot of money this year riding the crash with puts and then buying stock when it was cheap. The loss/gain porn is also helpful because you can analyze people's decisions and learn from their mistakes or successes. They're still r*dditors but a lot of them are based retards doing high risk plays to try and beat the jews and make it.

>>24465151
Does it bother them that the guy looks like Trump?

>>24465151
They are a bunch of teenagers who desperately try to market themselves as edgy cool 4chan-like basedboys and adopt this websites culture, memes, and slang. Very annoying.

>>24468605
Pltr tanked because of citron, it ran up 200% while trending for weeks all over wsb and Reddit.

Plenty of larpers on there but some make money in options, like with any gambling though alot of profits go straight back as they continue to double down until they’re broke

>>24465151
Might as well get into Union over Q1 since they already know about the De-Fi insurance bubble.

Active Reddit users are sociopaths that will do anything to farm updoots. Here's what most of them do to farm thousands of updoots:
>Make 2 accounts
>Buy call option on one
>Buy puts on the other
>post results of whatever wins/loses bigly
>collect thousands of le epic updoots
>updoots satisfy your reptilian brain more than real money
>repeat

Imagine going to a casino with a bunch of insufferable faggots and fawning over them playing roulette. That’s basically it

>>24468741
Looks decent, not too many users.
Reddit isn't actually that bad on smaller boards if the moderators are based, when they fly under the radar of the trannies and the soibois that are going for maximum karma.
The moment they get too big, start showing up on the front page, and the trannies find another target for their "open up the culture" assault, they become, well, Redditors.

>>24469008
It's actually a lot of fun if you can get a good crowd and a dealer who plays along

>>24465184
Option trading is a hell of a way to gamble though. I am going to move another k over to play with. With that you only need one good trade a year.

>>24468272
does this big a loss happen regularly there?

>>24465151
I’d have close to 1 full BTC if my fucking dumbass didn’t blindly waste money for 6 months learning options.

>>24469089
WSB was a decent mid sized board when I joined, I remember it had Shkreli as a mod

>>24465151
Nigger they are making more money on just meme stocks high/low in a week than you could make in a year on most crypto. But yeah, I bought some PLTR calls last week and they did pretty well. Problem is the Jew is watching them now and working against WSB. Mostly pumping and dumping with calls and puts.

>>24469579
Oh yeah. It's basically the whole reason the sub exists. Every now and then some lucky degenerate gambler will win big, but mostly it's about retards losing their portfolios.

>20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance
Also, sometimes shit like this happens.

>>24469579
Some of these niggers found a glitch on robinhood a few months ago that let them take out infinite leverage and everyone involved lost massive amounts of money (tens of thousands to millions) on margin holding options through earnings when they only had a few thousand or tens of thousands to their name.

>>24465151
I wish I knew enough about options to try what they're doing.

>>24469639
So what did you learn?

TENDIES XDDDD

>>24465555
woah

>>24468920
This
Luck me average is 9.50
HODL 4EVA

>>24465151
They're retards, but funnier and far more knowledgeable than /biz/. At least they know about other assets besides crypto.

>>24468258
Buying options is retarded. Selling options is retarded on steroids.

For anyone who isn’t sure how to do options just make sure they’re at least 25 days left. Buy one call that’s below the mark price, and sell one call that’s at or above the strike price. Pretty hard to lose money this way. And if you move them farther apart it gives you more risk and more leverage.

crypto is just a far superior game. We buy crypto it dumps 99%, we hold, 1 month later its back past its ATH. easy.