Message from @.ȼ๏ʍ

Discord ID: 808940721314201620


2021-02-10 05:57:09 UTC  

Coin is way better

2021-02-10 05:57:21 UTC  

I'm a beginner so I could be wrong on all of that by the way

2021-02-10 05:57:32 UTC  

No worries we all are learning

2021-02-10 05:58:02 UTC  

Start by learning how to read candlestick charts

2021-02-10 05:58:11 UTC  

Next learn what a moving average is

2021-02-10 05:58:20 UTC  

The economy is just like getting laid after too much drinks
When you wake up in the morning, you dont know what to expect

2021-02-10 05:58:30 UTC  

Then learn what RSI and MACD are

2021-02-10 05:59:06 UTC  

learn the differences and rules of what each brokerage account offers so you don't get flagged as a pattern day trader with a cash only account, learn what margin accounts are and how NOT to leverage yourself into a hole

2021-02-10 05:59:13 UTC  

actually, avoid them lol

2021-02-10 05:59:16 UTC  

What would happen if most of the money in the US is digitalized into cards and accounts such as in northern countries?

2021-02-10 05:59:21 UTC  

Then learn about Bollinger Bands.
Then learn about patterns like symmetrical triangles, ascending and descending wedges, flags and pennants

2021-02-10 05:59:22 UTC  

They pay everything with digital cash

2021-02-10 05:59:31 UTC  

until you get more knowledgable, some say to avoid margin accounts entirely

2021-02-10 05:59:53 UTC  

Ah so they're actively trying to fool me huh

2021-02-10 06:00:22 UTC  

Just fucking rainman those candle sticks

2021-02-10 06:00:43 UTC  

Also, is it true that you cant resell a share worth less than 25k in the same day or week?
I heard that somewhere

2021-02-10 06:00:59 UTC  

About regulations and the lowest inversion limit

2021-02-10 06:01:04 UTC  

you got the numbers right, but said the words wrong

2021-02-10 06:01:25 UTC  

Gonna learn the lexicon

2021-02-10 06:01:26 UTC  

You need a 25k minimum balance in a margin account in order to continue trading if you are flagged as a pattern day trader

2021-02-10 06:01:37 UTC  

And why is that?

2021-02-10 06:02:00 UTC  

Because it keeps the poor poor

2021-02-10 06:02:21 UTC  

and that's margin equity + cash balance, it's purpose is to "protect you" but really it just makes it so you can't touch your own money until you make even more of it

2021-02-10 06:02:29 UTC  

Can’t have plebs rising up now can we?

2021-02-10 06:02:40 UTC  

they don't want you leveraging yourself into a hole but some people still do it, the government came up with the rules so you know they suck

2021-02-10 06:02:46 UTC  

Oh so they are giving us protection we dont want at the expense of the money we dont yet have

2021-02-10 06:02:48 UTC  

Amazing

2021-02-10 06:03:07 UTC  

Yes. Welcome to the Nanny State

2021-02-10 06:03:32 UTC  

Dangerous liberty is swaddled in bubble wrap

2021-02-10 06:04:11 UTC  

They think that they can give you 50k buying power with 25k worth of cash in there and you won't somehow end up with a negative balance by investing incorrectly (it's still possible)

2021-02-10 06:04:33 UTC  

What happened to the good old paying for products and services in demand

2021-02-10 06:04:51 UTC  

if anything it's worse because if you dip to like 24,999 dollars in the account, it gets locked, can't do any trades to get yourself out of that situation, and if your securities are still going down, then that balance still goes down with it until you put in more money, it's stupid as hell

2021-02-10 06:05:11 UTC  

Meanwhile the government runs lotteries which are definitionally a mathematical rip off

2021-02-10 06:05:29 UTC  

Thinking about this, it is possible to use the fake digital currency from discord bots into simulations of these exchanges

Would make a visualization of the market

2021-02-10 06:05:30 UTC  

You buy a ticket for $1 and the expected value might be $0.75

2021-02-10 06:05:33 UTC  

Well a smart part

2021-02-10 06:05:42 UTC  

There's trading with paper

2021-02-10 06:06:01 UTC  

you can simulate having a brokerage account and they use it against real life stock data

2021-02-10 06:06:14 UTC  

many different apps out there like that if you want to practice, it's not real money though

2021-02-10 06:06:37 UTC  

Well toilet paper has the same worth as the inflated Venezuelan coin so I'll need a lot of it for a good exchange

No worries tho
I have the clinton books to wipe my ass

2021-02-10 06:06:48 UTC  

definitely good to practice on that though and see if it's for you.