Message from @.ȼ๏ʍ
Discord ID: 808940721314201620
Coin is way better
I'm a beginner so I could be wrong on all of that by the way
No worries we all are learning
Start by learning how to read candlestick charts
Next learn what a moving average is
The economy is just like getting laid after too much drinks
When you wake up in the morning, you dont know what to expect
Then learn what RSI and MACD are
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
actually, avoid them lol
What would happen if most of the money in the US is digitalized into cards and accounts such as in northern countries?
Then learn about Bollinger Bands.
Then learn about patterns like symmetrical triangles, ascending and descending wedges, flags and pennants
They pay everything with digital cash
until you get more knowledgable, some say to avoid margin accounts entirely
Ah so they're actively trying to fool me huh
Just fucking rainman those candle sticks
Also, is it true that you cant resell a share worth less than 25k in the same day or week?
I heard that somewhere
About regulations and the lowest inversion limit
you got the numbers right, but said the words wrong
Gonna learn the lexicon
You need a 25k minimum balance in a margin account in order to continue trading if you are flagged as a pattern day trader
Because it keeps the poor poor
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
Can’t have plebs rising up now can we?
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
Oh so they are giving us protection we dont want at the expense of the money we dont yet have
Amazing
Yes. Welcome to the Nanny State
Dangerous liberty is swaddled in bubble wrap
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)
What happened to the good old paying for products and services in demand
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
Meanwhile the government runs lotteries which are definitionally a mathematical rip off
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
You buy a ticket for $1 and the expected value might be $0.75
Well a smart part
There's trading with paper
you can simulate having a brokerage account and they use it against real life stock data
many different apps out there like that if you want to practice, it's not real money though
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
definitely good to practice on that though and see if it's for you.