@Deleted User you can't think like that, dude

like what haha?

"I COULD'VE BEEN RICH"

I mean, opportunities like that aren't exactly every day. And I've gotten in on them before

When I was paper trading, I was able to catch the infamous $LFIN

There's a reason why people don't make money on that stuff. It's anomalous. Don't go chasing waterfalls. Stick to the rivers and the lakes that you're used to

I'm not only looking to trade these lol, I'm fine with 3% for the day too

I'm just saying why the hell wouldn't I want to get in, given the opportunity

@Deleted User thoughts for this week?

@ophiuchus here's a page for all european options http://www.cboe.com/products/stock-index-options-spx-rut-msci-ftse

@ThisIsChris Nothing in particular, I'm not as wise as I should be here. hopefully the market heads up again from this recent downtrend

There’s a lot of reasons not to trade but if you want some pointers let me know, I’ve been in for quite a while but I’m typically risk off or focused on commodities

http://www.bbc.com/capital/story/20181101-fire-the-movement-to-live-frugally-and-retire-decades-early

pretty, innit

So satisfying

@Deleted User did you buy?

Yeah I'm in it

@Deleted User great job!

https://old.reddit.com/r/personalfinance/comments/9uendp/the_cfp_board_is_expanding_fiduciary_duty_for/

>Beginning in October 2019, all Certified Financial Planners will be required to act in the best interests of their clients at all times when providing financial advice. While many CFPs already operate this way, CFPs are currently only required to act as a fiduciary when helping clients with financial planning.

<https://www.predictit.org/markets/detail/2704/Which-party-will-control-the-House-after-2018-midterms>

@Tanner - SC yeah there's a few bets I'm maxed out on for an easy 12% return, like "will Rs hold senate"

@Tanner - SC how did you do? I walked away with a good return

I made almost $300

Just remember, guys. Predictit.com isn't investing. It's gambling

eh

it's not really gambling either

because gambling is chance

this isn't so much chance as it is based on how well you know your stuff

that being said, it's still risky, and you shouldn't get over confident

@ThisIsChris I didn’t put in any money this time. I was not as confident as 2016.

You could say PredictIt is speculation, which is still a form of investing. Not quite the same as gambling.

<https://www.law.cornell.edu/uscode/text/31/5362> Legally it's considered a form of sports betting, which is the staking of a wager on the outcome of a certain event. What's interesting about PredictIt is that you can sell your stake to someone else before the outcome of the event is known.

PredictIt is not investing because you can't capture anything that's produced along the way. (Although the public has access to the information you produce as someone willing to put their foot forward on a price.) This is different from shares of stock because that is ownership of a company which produces things and whose value increases in a non-zero sum way. But many common speculations are zero-sum such as stock options.

@John O - nice job with the wins, what did you bet on?

DeSantis winning Florida and Dems taking the House. I won big in 2016, so I've just been reinventing my winnings ever since then

@John O - nice

I didn't know anything about that race so I didn't touch it.