stonk-trading
Discord ID: 701676805727453255
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that's not enough to file taxes
Lol yeah but I work 2 other jobs
you have to get up to the minimum tax bracket in a year to file taxes (i'm not a CPA), but a CPA will probably tell you that or the exact number
oh. if your total income is above the amount, then yea, you'd have to include the 30
Well I have to do it through my parents since Iโm still โdependentโ.
It has to do with total home income
yeah, then you're setup with a guardian account. but anyway, that's good
just don't "gamble". learn about risk management strategies
you don't want to buy $500 worth of stock and think you're risking the entire $500. you want to think of it as "risk capital" but really think that the amount you're risking is what you set your stop-loss to
Well yeah. With the Snapchat I knew that too many kids use it for it not to recover
it's tech. probably a decent chance since staying at home means more online tech use
but it's also social media, and that shit can come and go
Not for teens. They are too invested in โstreaksโ to just delete the app unless their progress transferred
you're probably right. you're more connected to the trends of that group than i am
I will be honest I spend too much time on social media but what Else am I supposed to do
but still, learn about the risk mgmt and simple, high probability setup strategies. you'll thank me when your'e rich.
go outside
^
I do a lot. But I canโt leave the property line
why?
Got caught violating curfew at 1AM
lol
stop talking to police, man
I donโt. I didnโt say a thing except my name and dob. Then I told em to arrest me or fuck off
very polite
you could've left that last part off. they probably would've let you go home if you didn't say that
but police treat you how you treat them
No. I was already in the precinct being processed
why did they arrest you for that? that's like a fine
Itโs bc apparently Florida has a curfew that if your 16 or younger you canโt be out passed 11 w/out a guardian. That and the corona lockdown on top of my other charges which were all dropped it not filed
I have returned
that's like pretty much every state. i also had to follow curfew laws (and did), but i don't see why you got arrested for it
a simple story like "i'm sorry sir. i was on my way home but didn't pay close enough attn to the time. i'm very sorry" is probably how you might've just gotten a verbal warning and allowed on
and first call would've been to my parents if they were arrersting
I got charged with possession of a concealed knife. It was dropped bc the blade was under 4 inches. Iโve been detained for suspicion of escape and evasion of law enforcement (which I didnโt do). My friends were with me and they said we were walking and talking even tho I told them not to say anything except we will go back inside if there is a problem with us being out.
that's not what police like to hear. i've dealt with police a few times when i was younger (low risk situations like that), and i just said "okay, i'm sorry." (officer talks here) "okay, we will right now"
they think you're arguing if you say "if there's a problem with us being out"
basically, my tactic was not talking to police officers. you sound like you talk to them a LOT
So they said they had to take us to the station (standard protocol) after they said that and then there I told them my name and dob then they called my parents and told them i have 2 choices. Be detained indefinitely or be put on house arrest. Also I do talk to them a lot and I only tell the ones I donโt know to fuck off.
Iโm normally respectful except when they enforce bs
my advice: never tell hem to fuck off. guaranteed problems.
Guaranteed problems once they find out my name
that's what court systems are for, and you can sue them afterwards if they are harassing you
don't know what to say. don't keep getting in those situations then? like, you could've just made sure you were home on time
They only stopped us bc we were suspicious. Like I didnt that was a crime
you wouldn't have to worry about it if you were already home
if you were of major age and they stopped you, nothing would've happened
luckily, you're a minor, but i would change things before you're a major
@EliteBeret Unit?
@TheGhostScientist wdym? Also John thereโs no crime in being out late. Plus I donโt commit any crimes
@EliteBeret your nick is Elite Beret, I was asking which Unit?
if you're past curfew, then yes, it is under the penal code probably
Lol it was a random name I made when I was young. Also it might be against the penal code but I see it as a violation of my rights so I am not going to follow it.
I see
doesn't matter how you see it. you will have to work through the court systems to change it
I thought you were a team/group member sorry
or... stop being out beyond curfew and hurting your life
Iโm not hurting my life. Cops here are pretty corrupt. If ya know em your basically untouchable
courst probably won't see it your way though. being of minority age, you don't have the same rights as majority age. parents can act as dictators in your life, and there's nothing you can really do
were they acting in a corrupt manner when they took you in at 1am though?
either way, this seems unrelated to stonks
Well itโs a good thing they ask the cops what I did. If there is anything else they need to do then they tell em to leave donโt care ab the curfew at all. When I was brought there I was treated different bc I knew like 5 cops at the precinct
anyone mind explaining what Stonk is?
Yeah letโs change channels if we want to talk more ab it
Elite gtfo with your life story
Stonk=stock
This is for stonks
i see
had no clue sorry
it's kind of a meme name. reddit r/wallstreetbets uses the name often
Anyways
I'm banking on a massive earnings call and my options going through for fat gains
gotcha. are you holding AAPL calls?
Nah
I dont fuck with those
Least not till I get some more capital under my belt
I'll probably leave 10k in later and fuck with them then
sounds good. so you just bought the stocks you thought would go up?
btw, risk with options is them going to 0 at expiration
risk with stocks is that they'll just go down
I bought ones I've been following forever and I see very little risk in me losing money
cool. i've got you
i was just explaining options and how they're riskier for speculation is all ๐
Oh absolutely they can fuck me out of 2k rn
But I shall watch it very closely
Plus I cant do anything with my money now while on deployment anyhow, might aswell increase my gains
Today I officially made enough to buy a baconator at Wendy's lol
fuck ya man
i'm waiting for my company to approve my FCM account opening. if they deny me, i'm thinking i might find a new job outside finance and quit. then after i start making money, quit that job too
That's a good way to go about it
I've been looking into side gigs and ways to self employ too
ya. it's just i'm not that into TDA's 13.2k margin price for e-mini futures when i can go to another FCM and pay just 500 per contract. (margin price is similar to stock price.... it's actually different, but when you're entering the contract, it's similar)
i've got 100k to trade with, and while i wanna start slow, i want to ramp up to some decently sized portion of that as my strategy works and my confidence builds
for futures, i'm thinking just trading with 5k of it. then as i get really good at scanning stocks, i can probably make more in those kinds of trades. low float, large movers, small share price
but i gotta learn how to find the high probability winners for the day
Shit i wish i had that much to play with
i made a good investment several years ago in a private company that i also worked for. it's started to pay off. so i have enough risk capital to try things confidently now
Noice man
I got into all this shit back in October so
that's totally fine. honestly, you're probably further ahead in learning earlier in your life than me
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