why didn't you listen????? >but muh vangard!!!!

File: I-told-them-this-would-happen-But-noothey-didn39t-listen-meme-9987.jpg (51KB, 600x786px) Image search: [Google]

51KB, 600x786px

Its not too late...

>>1647570

what app is that pajeet?

File: 4492645.jpg (49KB, 430x241px) Image search: [Google]

49KB, 430x241px

>>1647582
was it my skintone that prevented you from heeding my instruction?
im mohammed

>>1647570
wtf is wrong with that guys hand? its all brown

File: c87156773e1b8e8bbf9df58b56392d65.jpg (14KB, 236x236px) Image search: [Google]

14KB, 236x236px

>>1647593
is my pigmentation what caused you to miss out on such epic gainz while simultaneously losing 70points on the NYSE?

File: 1457397196935.jpg (48KB, 640x640px) Image search: [Google]

48KB, 640x640px

>>1647626

>>1647636
https://www.youtube.com/watch?v=bvJ2Un40voU

>>1647570
> 99.19% diversified
> Being a smart investor

Pick one?

>>1647570
I was busy buying contracts, rather than some horribly illiquid ETF?

File: 1363234013118.gif (1MB, 250x250px) Image search: [Google]

1MB, 250x250px

>>1647649

File: Photo on 12-1-16 at 9.58 PM #2.jpg (191KB, 1080x720px) Image search: [Google]

191KB, 1080x720px

>>1647654

A:
Billionaire investor Warren Buffett famously stated that "diversification is protection against ignorance. It makes little sense if you know what you are doing." In Buffet's view, studying one or two industries in great depth, learning their ins and outs, and using that knowledge to profit on those industries is more lucrative than spreading a portfolio across a broad array of sectors so that gains from certain sectors offset losses from others.


Read more: What did Warren Buffett mean when he said, “Diversification is protection against ignorance. It makes little sense if you know what you are doing.” | Investopedia http://www.investopedia.com/ask/answers/031115/what-did-warren-buffett-mean-when-he-said-diversification-protection-against-ignorance-it-makes.asp#ixzz4Re6gAe98
Follow us: Investopedia on Facebook

>>1647656
its an ETN , market makers love it (credity suisse is actually buying them back b4 they moon, i called them), and i was talking to the index shills.

https://www.youtube.com/watch?v=ei7pz6axpxg

File: 1299040371882.gif (2MB, 319x343px) Image search: [Google]

2MB, 319x343px

>>1647667
>Billionaire investor Warren Buffett famously stated that "diversification is protection against ignorance. It makes little sense if you know what you are doing." In Buffet's view, studying one or two industries in great depth, learning their ins and outs, and using that knowledge to profit on those industries is more lucrative than spreading a portfolio across a broad array of sectors so that gains from certain sectors offset losses from others.

Sounds like a weak appeal to authority, to me. But you're missing the point. Warren Buffet diversifies because he's knowledgeable in what he's diversifying with. Offsetting losses is the only way to make long term gains. That's why we have indices. Without diversification, you'll have better odds gambling in a casino.

File: 1470628300517.jpg (54KB, 640x640px) Image search: [Google]

54KB, 640x640px

>>1647677
>you believe the only money i have is the one on my robinhood?

>>1647570
Congrats. You got lucky. There was no way you somehow knew Iran would "cooperate" with OPEC and that Russia might follow suit. The market, and other meetings pointed towards the contrary. People didn't listen because despite being correct, it was actually a retarded trade. I hope you're selling. The price will pull back and be unsustainable when shale oil plays quickly rebound. Enjoy your shekels.

>>1647690
I'll amend my comment. You didn't sell yet. You've made nothing so far.

File: 53526862.jpg (59KB, 250x250px) Image search: [Google]

59KB, 250x250px

>>1647690

File: 1456861369393.png (645KB, 1000x562px) Image search: [Google]

645KB, 1000x562px

>>1647654
what are you 65? diversifying is retard

>>1647667
>its an ETN
Regardless, it's still illiquid as fuck, slippage will cost you out the ass.

> i was talking to the index shills
Yeah well, not everyone on here is a newbie.

File: 361548551039_1.jpg (12KB, 212x225px) Image search: [Google]

12KB, 212x225px

>>1647707
"slippage" is only a problem if the futures price is going in the opposite direxion of the product ;)

>>1647718
Lol.
It's a problem for both "direxions".
>So sold on leveraged products he's using the company name as a noun

File: 1470802662610.jpg (144KB, 750x750px) Image search: [Google]

144KB, 750x750px

>>1647707
u ever trade on the otc?

its pretty liquid, even 2 sell bankrupt penny shit.

File: dh.png (1MB, 966x802px) Image search: [Google]

1MB, 966x802px

>>1647728
>trade on the otc
Wow.

File: 13653337_1073490109373352_3824084340560274167_o.jpg (225KB, 1536x2048px)

225KB, 1536x2048px

>>1647740
https://www.youtube.com/watch?v=z4uI_YSiMm8

>>1647740
honestly though, i make most of my money on otc stocks, took awhile to learn them but there is alot of money to be made in them.

>>1647746
>took awhile to learn
>alot of money to be made
How long have you been "learning", and how much have you made?

File: AAEAAQAAAAAAAAWvAAAAJDljZGY1NWM5LTMzOGUtNGIyOC1iMDdjLWIwYzg2Y2FjOGQ1Ng.jpg (55KB, 612x350px) Image search: [Google]

55KB, 612x350px

>>1647723
you've never traded futures before, have you?

>>1647825
I'm sure that would make you feel better, but I trade them regularly.
Sorry about that.

File: 1479962424627.png (108KB, 500x357px) Image search: [Google]

108KB, 500x357px

>>1647834

prove it.

>>1647839
>prove it
Like that's possible on this board.
I'm not the one claiming to trade ETN's and otc stocks, you are. Face it, if you knew dick about trading crude, you would've been buying contacts instead.

File: trillionsim.png (836KB, 2560x1440px) Image search: [Google]

836KB, 2560x1440px

>>1647845
you lose or make way more money.
if your future goes backwards , you could end up owing thousands or contract dissapears.
yea.
i know a thing or 2 kiddo, have over 1000 years simulation trading experience on futures options bonds commodities and common stocks ;).

>>1647864
>have over 1000 years simulation trading experience
Have fun with that, kiddo.
Maybe someday you'll try the real thing.

>>1647570
You can't be serious. They are literally delisting uwti and dwti in less than a week. You money shall disappear. http://www.investopedia.com/news/leveraged-oil-etfs-face-delisting-uwti-dwti/

File: 1472430932123.jpg (54KB, 566x480px) Image search: [Google]

54KB, 566x480px

>>1647869
>You money shall disappear.

is it true?
is ignorance really bliss?

>>1647869
>Your money shall disappear
Lol.
That's not what the simulation told him!

>>1647874
Absolutely true. Do a google. I'd sell ASAP. The closer you get to the 8th the less liquid the ETF will become. It'll be almost impossible to get out of.

>>1647898
ETN rather.

File: 14c.jpg (17KB, 207x253px)

17KB, 207x253px

>>1647898
have u ever sold anything on the otc, or you just flapping ur gums?

>>1647690
My initial thought was shale business was going to come back en masse. Rig counts will start gaining again. Ride the wave now but it wont last. Too bad DWTI is getting delisted.

>>1647825
What happens when they expire? On my paper trade I cant get rid of a short oils contract from june.

>>1647907
Prop trader for the last 5 years. I know my shit.

File: 1472002799534.png (313KB, 453x453px)

313KB, 453x453px

>>1647864
gayest looking windows 95 software i ever saw

>>1647959
what have you bought, that you haven't been able to trade otc?

>>1647958
u get credit deposit or physical delivery if u need physical.

>>1647996
>haven't been able to trade otc
I'm approved for options, futures, forex, and portfolio margin, but they tell me I need at least $250,000 before they'll let me trade OTC.
Sucks.

>>1647996
These days virtually nothing since I'm at a boutique firm. Back when I worked for a oil trust I bought shares of FB before the IPO, several pharma companies pre-ipo.

>>1648015
A and you have trouble selling them over the counter ????

>>1647570

Are you still bag-holding VHC?

File: 530.png (1MB, 796x1050px) Image search: [Google]

1MB, 796x1050px

>>1648021
yes
it makes up over .5% of my portfolio.
to the moon , my friend.

WARNING:
UWTI will be DELISTED in only 7 days.
Why the fuck are you people still buying it? It will be worthless in 7 days!!

>>1649030
UWTI is an index of oil stocks and high-volatility derivatives. It is NOT a company. Hence, knowing that it will delist in 7 days is not an indication of bankruptcy, collapse, bad business, etc.
Furthermore, high-volatility ETFs/ETNs like UWTI and DWTI aren't meant to be held for more than ~2-3 days at a time. Anybody holding it for more than 7 days is titanically retarded and deserves to lose their money.

For the record, UWTI/DWTI fags should look into GUSH/DRIP. It's basically the samething.

>>1647864
>netbeans
Get Eclipse or, better yet, IntelliJ you fukken scrub

>>1647570
Everybody calm down.

Just let OP be lucky and happy for the moment. Berkshire Hathaway is diversified as fuck so he obviously has no clue what he's talking about.

Just let OP be lucky. Because only when the tide goes out do you discover who's been swimming naked.