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Archived threads in /biz/ - Business & Finance - 6322. page

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Well it's almost the end of 2016.

How have your GAINZ been? Post your rates of return, let's see them.

This has been my first year investing and I'm pretty happy.
26 posts and 5 images submitted.
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Good job, but how come you have basically a flat graph with two giant leaps in them? Seems a bit odd.
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>>1668192
I invested my money in big chunks and was really cautious for a long time

That's why it's kind of weird (says 19.29% return but only $1940 gained)
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>>1668201
Well it's good that you've started investing, and if I may recommend something it would be that you, in the future, invest monthly.

The specific method of investment doesn't matter, investing monthly (or dollar-cost averaging, in finance jargon) is generally a good method to eliminate some risk.

For example, if you invested one of those big chunks before a large drop in stock price, you'd probably feel pretty bad, especially if you're new to investing, and might pull out, which would be even worse.

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Why are you guys so bitter? Stock market is literally free money
8 posts and 1 images submitted.
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>>1668129
>bitter
I don't know about you, but I'm up over $3,000 today.
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>>1668129
It's difficult to get past the initial rough period(s). There's "info" on how it conceptually works, and you can know exactly how it works, but it's not as easy as just doing it because in reality nobody is holding your hand.

I'm sure a lot of /biz/raelis could become millionaires if they had an actual teacher, but self-help is difficult when pages you find about it amounts to "I dunno, buy low sell high, or short high bruh its easy get into it lol faggit". Even the "serious" sites aren't going to show you enough to get started and actually become successful. It takes a while of struggling before you can really become successful, and this is where the ridiculous numbers come from when they discuss new people in the market (I forgot, but they always quote some number, "90% of people who try fail!") - it's easy to learn but hard to master.

Personally, I made 25+25% over two weeks on my first real money account, then lost ~50% because I was an idiot and thought I should follow the "advice" to put a stoploss over night. Well, I would've made my target and more, it just up, touched just above where I had put the stoploss, and dropped way down. My mistake was an initial bad entry (trading just to trade), and using a stoploss when I had devised a method that wouldn't need it. After that, I gained some back trying that method (hedging the pair with itself until it moves in my direction, basically), just to see if it actually worked. After that, I stopped trading, despite only eating into a bit of my original balance and actually having succeeded except for the one big mistake.

I traded EURUSD AND GBPJPY, both of those were positive overall. The loss was on a pair I only traded a total of two or three times. I know I'm good enough at it to trade it, I have a decent (shitty in implementation, but good in function) platform and broker, so what am I waiting for? No idea.

TL;DR I don't fucking know. Lack of motivation?
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>>1668167
i trade forex too. if i were to blindly follow my system it would work. but sometimes i need to make subjective adjustments based on volatility. and then i don't get fucked but i basically chop my gains in half or worse.

>so what am I waiting for? No idea.
the problem is account size. if i were to have double my capital right now, i could easily trade without worry. but sometimes i cut close to margin based on expected volatility. note i've never actually been margin called. it's just you need to calculate and account for that possibility.

the most important thing is that you have a provable system and a high win percentage. that will give you confidence moving forward. i've actually only had 1 losing trade over the last 6 months.

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Stealing from the rich is bad? From a really rich guy who could own a city?
34 posts and 2 images submitted.
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>>1668123
I bought 1 share of Berkshire Hathaway for $125,000 two years ago. Now I could sell it for $ 250,000.That's 100 % in just two years.
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>>1668123
>From a really rich guy
Well, that changes things.
You should be allowed to torture him to death if he's that rich.
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If you got really rich robbing a rich person would you be okay with somebody else robbing you after you became rich?

My major is engineering
I currently have around a 3.6-3.7 GPA

Did I choose a good major for money making?
17 posts and 2 images submitted.
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>>1668105
Lol! These pics are getting rediculous
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>>1668105
What kind of engineering?
Then again, name a type of engineering that ISNT good for making money

[spoiler]pic saved[/spoiler]
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>>1668449
Mechanical

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Do carfaxes show all accidents or just the ones reported to insurance companies?
12 posts and 2 images submitted.
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Carfax has secret sensors in every single car that knows when you back into a telephone pole or above your shopping cart in it.

Jesus Christ you have to be retarded to not figure this out on your own.
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>>1668076
any accident reported to insurance.
some accidents where there is a police report, but not all.
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>>1668082
This. Almost all new cars come with them.

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I'm gonna share a secret for you guys. Here's how I find moon mission penny stocks, and it's a lot easier than you think. In fact it's so simple you probably think it doesn't work.

When deciding to purchase a stock, I judge it by three criteria. It must meet all three. The first two are also indicators I use in a stock screener.

1. It must be up 10% or more. The best way to make gains at minimal risk is to piggyback off of stocks that are already moving.

2. The volume must be greater 5 million. 6 million is when it really gets my attention. At that volume, you know that people are heavily trading it. It's getting people's attention and will start to pop up on more people's radar. You can take a position and quickly exit without affecting the stock price at all.

3. Must have at least 10,000 watchers on StockTwits. Yes, ridiculous, I know. But that is a good indication of how much attention it has for the plebs and p&d scammers. I can personally swear by this third criteria. If it has high volume and good price movement but only a few thousand are watching on StockTwits, there aren't enough people interested to keep the momentum going; it's likely only a few pumpers getting ready to dump and make the stock crash.

Once you've found a stock that meets these three criteria, you can quickly look at its 5-day chart and easily determine for yourself whether the moon mission is beginning or whether it's over. If it meets the criteria but it's under $1 and has only gone up a few cents, it's just getting started. If it meets the criteria but already exploded (up a dollar or more) it's probably almost over.

Try it out and stop losing money
49 posts and 4 images submitted.
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>>1668007
Pretty good, but the SEC is even better at spotting P&D's.
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Thanks, but could you elaborate more about looking at the chart and determining if the moon mission is over or not yet begun?
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>>1668007
Shitty trading discipline but good advice for the gamblers I guess

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I'm fucking tired of working for other people. I can't fucking do it anymore. But I'm also broke as hell. What business can I start for $1000?
16 posts and 2 images submitted.
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same
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>>1667924
freelance work
lemonade stand
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Any business for that price won't be a real business it will self employment. Nothing wrong with that. Find a service you're good at and could eventually outsource to an employee.

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A few months ago, I managed to fix my sleeping schedule for the first time in years and I have been waking up around 06:30 every morning to do all my errands, chores, workloads and still end up with enough time to do everything I want at around 13:00.

When did you realize that poor people are poor because of bad time management rather than anything else?
13 posts and 1 images submitted.
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>>1667888
People are degenerate and poor because they browse 4chan, play video games, and fap to cartoons all day.
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So you're a neet

Try moving out of the basement and watch how hard it gets with your rent, car payment, car insurance, health insurance, utilities, and food.
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>>1667888
Go live in the real world as an adult for a while and then come back and let us know how well you are doing.

/rhg/ & /rgt/ are dead Edition

-- Links --
Stickerbitch's calendar of memes and dreams:
https://calendar.google.com/calendar/embed?src=moonmissioncontrol%40gmail.com

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

memechat for redditors and commies
https://discord.gg/5k3sVzC

alternative memechat for poorfags
https://telegram.me/robinhoodgeneral

-- Robinhood FAQs --
- VISIT THE WEBSITE FIRST DAMMIT!! - www.robinhood.com
> How is it free?
They invest your unsettled funds after a trade. It's also pretty basic shit.
> When is it coming to my country?
Never. They only have "plans" on an Australian beta.
> It's been X days, why isn't my account verified yet?
If it takes more than 3 days, email their support. They are very good.
> Is this the place to pump and dump and/or shill a worthless stock?
NO! THIS IS 4CHAN, A PLACE OF POLITENESS AND PROFESSIONALISM!!!
> I hit sell when the stock was X.XX, but it actually sold at a lower price, am I being jewed?
No, that would actually be illegal. Robinhood graphs are just shit and only show you an average, not-really-realtime price. To get Bid/Ask prices and important things like candlestick graphs, you should use a more robust platform. -- (also learn difference between LIMIT and MARKET orders!!! and Jews are not white)
> Where can I get better charting or bid/ask?
thinkorswim is bretty gud if you want a 2nd account with real broker.
Otherwise you should be using stockcharts.com, finviz, or a non-pile-of-shit for your graphing in addition to Robinhood.
>How do I git gud?
Technical analysis-
http://www.investopedia.com/termsc/candlestick.asp?layout=infini&v=5F&orig=1&adtest=5F
http://opwrote/rgt/inthesubject?hisHIVdiagnosis=positive
Fundamental Analysis- Martin Shkreli finance lessons on youtube
> Can I use Robinhood on my PC?
Yes, download an android emulator

Previous Thread:
>>1666386
329 posts and 41 images submitted.
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FIRST FOR TPLM
>>
BUY THE $PTN DIP MY NIGGAZ
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second for dgaz

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I was told biz would know the answer to this.

I started an Instagram fitness motivation page (of stuff like pic related) when I started lifting for personal motivation. Now I have 100,000 followers and was wondering if I could make money out of that?
23 posts and 2 images submitted.
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>>1667824
yeah and i just farted and gained 200k followers on instafart, show proof.
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>>1667828
Lol, I'm not posting my page. Why would I lie about this? I just want to learn how I could possibly make money out of it
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>>1667824
sell out and start marketing supplements, travel agencies, clothing, etc.

what were you even expecting from here

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Sup /biz/,

I kinda neee your advice. There is a 6 digit profit deal on the table. I need to close it fast. So here is the situation.

> buyer gives an order for 20k tons of a certain product
> We can't fill the order at the requested price
> I go ahead and redirect the order as private person
> Sales Agency of a producer takes the bait
> I tell them my conditions. Hire me in your company, x commission, y fixed salary
> They agree and send me the certificate of their producers product
> ProducersName.jpeg
> Contact the producer directly. Skip the middle man duh
> 1hour later sales agency asks to keep infos flowing over them. Hurr durr if you skip us we won't get paid
> It's too late starts playing in the background
> Producer answers me and absolutely wants to hire me but exact conditions haven't been discussed yet
> Buyer calls me and makes pressure. GottaGoFast.jpeg

What do I do? Go with the sales agency at the risk of getting cucked, a lower commission, a fixed salary and access to a network of producers?
Go with the producer at the risk of not finding any common ground, not being able to close the deal, not being able to go back to sales agency cause i cucked them? But i would most likely have a higher commission and profit margin. But who knows if they can operate at the clients level.

Both parties are shady east European companies. Producer is an LLC. One thing i know is i'm in the fuck you position with the buyers order to fill. All producers would kill for such a deal. WHAT DO I DO?
42 posts and 6 images submitted.
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>>1667808
Either way you are fucked. They will cut you out after a month especially since you jumped over an established agency.
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>>1667875
Thought so to. That's why included in the conditions that i get a protection for the cancellation of my contract for at least 6 months.

6 months is more than enough to prove to be a valuable asset. All of them are fuckups and I would be their best man. Got a database of several hundred of potential clients for them. I know their needs, the quality they request, the transport logistics and most importantly their prices.
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>>1667882
let me get this straight, you were working independently before or you stole this info from the some other company? Clarify this part, might be some wiggle room then

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>0 experience
>0 contacts
>0 social skills

I do have a STEM degree with a 3.2 GPA, but a toilet roll is worth more than it by now.

>inb4 kneepads
7 posts and 1 images submitted.
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>>1667674
try /r9k/
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>>1667674
learn a trade
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Stop fucking bitching and go be successful

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>he didn't buy the dip for the 999999999999th time

What makes nocoiners unable to learn?
11 posts and 2 images submitted.
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>>1667653
cryptos are literally printing money for me, gained 2.7mil from eth mess.
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>>1667807

> 2.7m

Can agree that it's like printing money. Sitting on 2.8m right now.
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>>1667653
Nobody cares about your tiny gains from huge volatility, and nobody wants to get fucked in your P&D schemes.

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So is the stock market really going to crash after the rate hike or are we just being meme'd again like what happened with Trump?
7 posts and 2 images submitted.
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i will gladly tell you, for a generous fee.
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>>1667575
Probably not, stocks are going crazy. We might see a dip though.
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stocks are going up until January. Then watch for the 15% dip.

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I received this reply from my business proposal. But why? How can someone 'not have the time' to become hella rich?

>Thank you for your email. I appreciate your interest. Your proposal sounds intriguing but unfortunately I am not considering anything new at this time, or for the foreseeable future. I simply have too much of an existing workload to think about anything more. I’d be kidding myself and you to say otherwise. So, with regret, I must decline. Nevertheless, I wish you every good fortune and success.
12 posts and 1 images submitted.
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>>1667555
It's a polite way of saying it sucks and they don't want to risk any money with you.
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This is the standard polite way of saying "meh, not interested". I pretty much write the same thing to unsolicited job applications.
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>>1667556
I don't buy it because why would he write that much? He also said it is intriguing, so he would do it if he weren't so busy right? Should I message him again in six months? This guy is a billionaire that I managed to find his contact info.

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