Message from @Jonaltright
Discord ID: 487098117372641281
I could see the argument both ways @Tanner - SC I consider it an asset both ways, and it's the only asset I know off that isn't simultaneously someone else's liability. Because I hold it, not a claim but the actual asset...I can retain X value...it is a speculation I'll admit.
Yeah I highly doubt they’ll be currency again. In some disaster scenario where the USD, etc, fail, I really doubt people are gonna flock to precious metals, because a catastrophe of that size would basically mean civilization was over.
Precious metals are useful as a hedge and not much else- investing wise. Silver and platinum have utility in industry, gold is kinda eh.
Gold seems super inflated to me rn
Stratton Oakmont: sell us MeeMaw’s old jewelry
Always keep a little physical nearby.
@Argument of Perigee That's beautiful
Thank you, Sir. Peak AnCap.
Wew
PAMPed
@Argument of Perigee that is incredibly dope
I like the Canadian maple leaves a lot
I couldn't help but feel Nike drop today was similar to the Daily stormer endorsement of Papa John's that tanked it briefly before a quick recovery, so I bought some call options on 'em.
Can I get anyone's opinion on day trading? I see alot of tutorials on youtube.
know what the fuck you're doing, understand the risks. 's about it
@Deleted User any particular learning software or any recommended tutorials?
Okay, you'll want any good chart analysis platform
I use Td ameritrade's TOS software
It's free and pretty easy to get the basics of
And as far as tutorials go. How new are you to trading?
I am attracted to the ability to make money from home or while on my laptop. Beats Witcher 3. Just being honest
Okay, so you'll need to learn all the basics of chart reading. Support, resistance, simple patterns, etc.
There's a daunting amount of information on it all but don't worry it's not that hard to get into
having a community to learn from/with will really be an asset too so I'd recommend finding trading circles
How much of a return is realistic in as short a period as possible?
I frequently traffic Techbud Solutions discord, lotsa guys over there making a living from this
Depends on how much you wanna risk tbh
Really a living? That's awesome.
The smaller the time frame necessitates more volatility for price movement
if that makes sense
Yeah it does. That's what I am aiming for. This stuff is gold by the way. Thanks
Yeah I'm just a little bit a head of you in this very same journey
I started by papertrading (simulated trading) for the longest time
I actually just transitioned to real trading
made my first 2.7% profit today actually 😅
Well I'll give some of this a shot. Thanks again
Just be careful man
@Jonaltright I think you should look into "Funded Trader" programs. There's a ton of them. You invest with other people's money. They train you at first, and when you prove you can recognize some patterns then they start to give you money to use. You split your profits with them. As you get better they give you more money and a better commission rate.
If you're serious into doing this as a career type shift this is a good place to start. My dad is retired now and started doing this a few hours a week. If you want to make real money then you need to do it like a real job, he basically does a bit for a little extra each month.