Message from @ophiuchus
Discord ID: 487832412970024972
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.
Yeah I'd love to do it as much as possible if I could. I wouldn't have to worry about moving if I needed to. Don't know if I have the math ability to do it though. Any kind of hands on training would help me alot, which this Funded Trader option appears to be. Thanks @ThisIsChris
You're welcome! I think it's a good path for anyone who wants to try trading every day since you get trained and can make your mistakes with other people's money
New robinhood update actually added candlesticks and volume markers
I'm so stoked on Gold and Silver going down more...at market rates, miners who aren't well capitalized can't continue to produce. The product is lower in value than the cost of production. When they fold, there will be a "shortage". True this is bad for some people and well capitalized businesses will consolidate in a fire-sale, but it will benefit a lot of stackers.
Cost of production for silver is around $20/ozt and gold ~$1200
Smart miners stay afloat by making these metals not the primary element. So lead and copper miners find them as a side item in their ore extraction...but exploration is often for a primary source with most of the precious metal miners.
New Robinhood update is dope
Enlighten me...what is that?
Commission free trading
Interesting.
I bought several shares of an obscure antimony mining company from there today lmao.
Nice
My Robinhood account is basically used to buy really small cap shares that would be prohibitive to buy with commission
Also bought some physical today from an extremely old gentleman with a MAGA sign on his wall above his gun
I can’t afford to buy gold lmao. We all silver.
You can buy fractional gold...Start small like MX 10 Pesos or British Sovereigns, or French Roosters, or Swiss Francs
Oh wtf
Man why did I never think about that
What’s your opinion on gold vs silver or so right now?
Kinda skeeves me out its trading for way more than platinum
Silver is waaaaaayyyyyyyy undervalued...but Gold is what the elite hoard...They hold art, gold, and real estate. Gold is my grand children's future, silver is mine and my children's...
I'm probably too optimistic, but I think the market correction will eventually favor silver, but I don't anticipate living to see gold more sought after than silver.
So, you will see a higher percentage increase in value for silver than gold IMHO
Gold may go up 10x current valuation, but Silver may go up 100x...so I buy what I can afford, and I'm heavy silver, but I like gold too.
I admit, it is pure speculation. I have bought in to all the myths. I believe them all to have truth.
Do you dabble in any of the more obscure ones? Like platinum, even palladium etc.
I don't because they haven't had monitary history, but they have a great deal of value, very market specific.