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/biz/ - Business & Finance

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11090634 No.11090634 [Reply] [Original]

A hedge fund manager told me to buy S&P 500 futures for dec 2019 for 10x current value...thoughts?

>> No.11090661

>>11090634
yeah, that's gonna be a yikes from me.

>> No.11091192

>>11090634
go all in OP

>> No.11091202

>>11090634
Yes goy buy stocks now

>> No.11092078

>>11090634
>10x current value

*inhale* HAHAHAHAHAHA

>> No.11092092

>>11090634
DO IT!
TOO BIG TO FAIL!!!

>> No.11092110
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11092110

>>11092078
futures are traded on margin, you could easily 10x your investment if ES rallies until december

>> No.11092146

Try it. We'll find out next year.

>> No.11092201

>>11092110
This works both ways dipshit

>insert go fund me
>insert sob story i wuz trickd n shiet
>insert margin call after the margin call
>insert beheading cos debt is illegal in saudi arabia

>> No.11092406
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11092406

10% left

>> No.11092456

>>11090634
He didn’t tell you 10x or this is bait.

>> No.11092487
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11092487

>>11092201
>t. never 10x'd an account futures trading

>> No.11092756

>>11092487
Not with futures no.
Went from rags to riches holding smallcap till they turn bluechip companies
>>11090634
To be fair hedge fund managers are overrated af. in the US the minimum to start a hedge fund is pleb tier. in europe it requires just 1 million in capital.
also there is no 'edge' in futures. Ask Deutsche bank and JP morgan how they managed to shit up their leverage exposure and you'll come to realise each and every one of these clowns is destined to lose. let alone a lowly hedge fund that only trades 'other peoples money'
The bank left holding the bag is the one that falls.

if the above confuses you, i'm sorry but i'm tired as shit.

>> No.11092845
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11092845

>>11092406
jesus. how do I long normie suicides?