Facts life’s all about taking risks
Holy hell that’s huge.
What career did you choose?
Having information in advance is not possible in any sphere of life let alone trading. Think.
Nursing. And that was not a good fit for me.
You’re caught up on textbook definitions without appreciation for the subtleties of the actual meaning behind the words, I study finance; insider trading is perfectly possible.
If it wasn’t there wouldn’t be cases of laws for it, or sentences due to it?
To answer your question though, I never said I wouldn’t do, day stock trading, because I actually would. But that doesn’t mean I don’t believe it is all luck unless you can get away with having access to information.
My brother uses ETF, he says its less risky because it covers much more than one company.
Cant you inform the people who run the server about the account and have it verified somehow?
That’s a lot of cash to have access to without having access to…
I don’t mean to offend you in anyway just stating the facts and so r u I agree.
But apart from the risk factor you can choose when to stop loss and other such factors… when u go into a stock and come out of it is your choice entirely. So you play it according to your knowledge. Not all is about luck and risk… there are other factors too.
There’s no one running the server, its practically all the ppl who have the bitcoin app running who are encrypting the bitcoin blockchain. No one owns bitcoin and neither the government controls it. Maybe I can get back my cash if it becomes regulated by the government.
I see, that makes sense.
That’s such bad luck. Hopefully something comes of it
Your best bet is a quantum computer lol. Just gotta hope bitcoin isnt quantum resistant by then lol.
Don’t get into intra day trading. I used to do it. It is extremely difficult because you are literally glued to your screen. You have to simulanteously look at many stock charts and watch all their movements. You can’t even reliably go to the washroom. It is also extremely difficult to make money through intra day trading. Investing in the long run is the surest and safest way to make money. For example, when the stock market tanked briefly couple weeks ago, you could have bought a few when it went down and profit from the appreciation in price now. Trying to use technical analysis, that is stock charts and patterns and moving averages is not what I do. I personally think there is zero value in technical analysis. Everything I do is based on fundamentals. That is if you have a good long term view of the company, then you wait till it dips in price before buying in.
btw insider trading is certainly possible. It happens sometimes actually by finance professionals. They are really greedy and sketchy and sometimes they do get caught and get fined, etc. Insider trading by company insiders, that is executives, happens all the time too, but those are legitimate insider trading.
Maybe i should do a stocktrading game on the real life market.
In my opinion the market at the moment is even harder than a few years ago.
Mostly because interest rates are close to 0 and people prefer to have overvalued stocks than interest rates that they need to pay to have them.
Besides, the rise in popularity of apps like robinhood makes more people wanting to be rich quickly, so the trading volume is even bigger than before which also helps stock prices going even upper.
Also we are in a new trading era where companies don’t need to be profitable to have a high stock price.
With that said, interest rates and new reduced cost apps makes investing even harder with prices of companies that don’t reflect their value which makes it harder for people who want to invest in value trading(which basically is holding good stock and held them for long time, hoping that their value goes steadily up trough the years)
Adding all these conditions together makes very difficult for people with zero experience to make some money in the long run.
Or you could consider a specialized ETF like ROBO that holds a basket of robotics companies.
Not really. I stand to inherit some stocks when my brother passes, but I think I’m just gonna sell them.
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