Archived threads in /biz/ - Business & Finance - 362. page
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.
Can someone help me figure out how the poloniex fees add up and end up affecting my trading?
I have a subhuman poverty peasant tier account, so the fees that apply to me are:
Fee: 0.15/0.25%
Now I don't completely understand... do they apply to both selling and buying? Sometimes sell/buy orders are split into several orders. Do the fees then apply to every order, or to the cumulative amount (or does it end up being the same? I'm no math wiz here).
And lastly, do the fees swallow a significant amount of profit if I trade too small of a price movement? Can it ever get to a point where a trade that is positive on paper, ends up being nonprofitable due to fees being larger than the price difference of my trade?
For example if I sell ETH at 0.02230, and later buy at 0.02183, that's a rather small price movement. Are the fees significant or can I yolo it up and consider them negligible?
anyone?
>>1226467
fuck you /biz/, whenever I ask anything important you faggots let me down.
>>1226569
haha pleb
What did you end up doing with YOUR degree?
>I'm doing a Bachelor of Business and want to go into a Business Analyst position or educate myself more about hedge fund etc
I did Math and went into software development.
>>1226434
Software developer here to tell you that BAs are our bitches. Don't do that. It's just a bunch of paperwork. Get into management or something.
>>1226445
Ah really? I've heard its a pretty good job and thats from IRL's.
I also really want to begin to understand portfolio management and hedgefunds etc..
>""""""technical analysis""""""
>>1226414
Tea leaves
>>1226418
>When you see a duck, it's time to fuck
BUY BUY BUY
How do I pass UK graduate job interviews? I've probably taken part in about 30 processes for internships and graduate roles since 2013 and failed all of them (though I have passed individual phone interviews).
Almost all questions are basic questions about the company or competency questions. I know about the STAR format for the latter. I think the only reason I may fail these is due to not being a normie. I've interviewed with companies in many industries (investment banks, public sector, engineering, and more) and it seems that every recruitment process desires...
Comment too long. Click here to view the full text.
>>1226386
Civil servant here. Recently successfully got a promotion. STAR format is one thing, but they're also testing you at competencies such as leadership. The civil service ones are here
>https://www.gov.uk/government/publications/civil-service-competency-framework
Try and meet the effective indicators under EO/HEO/SEO (junior-middle management) for the key ones applicable to the area you're applying. Leadership and communication always. Delivering at pace too. Get a peer review...
Comment too long. Click here to view the full text.
>>1226393
I interviewed for a similar graduate role as a civil servant and the application process was clearly an exaggerated version of what I described. The numerical test was designed for 12 year olds (as opposed to 16 year olds for most other companies) and the entire interview was like an HR parody
>>1226393
>and ALWAYS be super enthusiastic.
I guess I have no hope afterall then.
There are many books on the subject, but from everyday negotiations to business negotiations which books do you think helps most?
You have to start from somewhere, so which books to read in what order?
>>1226385
Are you asian? I only ask because I can only conceive an asian asking for an ordered list of reading material on the art of negotiation.
Anyway, just practice negotiating. If you like you could start by trying to get better prices on the things you buy in stores.
>>1226388
Nah. As I read on some reviews, some books goes in to detailed real life examples on social encounters and some give various business principles etc. I asked an order because it may help to have a better understanding of the subject.
Art of the Deal
I'm back from college and I'm taking over the family's economy. I haven't used Excel that much, let alone accounting stuff.
Which are the best resources to learn Excel from zero to God himself?
Which is the best to learn how to track expenses and earnings?
Thanks in advance.
>>1226284
The board is so slow that maybe my IP already changed. So tentative bump.
>>1226705
Holy fuck use your head.
Pen & paper is good enough for budgeting.
Google is your friend mate.
>>1226717
Yeah, what the fuck was I thinking asking /biz/? In hindsight is so retarded I should buy ethereum and off myself.
What do /biz/
>I'm an army IT guy
>Top secret clearance, couple of IT certs (Sec+, Net+, CCNA)
>Switching to National Guard so I can maintain my clearance and healthcare
Now I plan on going to college in the fall since I'll be out. I was considering majoring in Electrical Engineering, since IT is oversaturated and supposedly outsourced majorly.
Then I get on here and everyone says engineering is a waste of time for the same reason.
What do I major...
Comment too long. Click here to view the full text.
Get a degree in information systems then work in cyber security.
>Army IT
That's a cute way to spell 35S.
You could do contracting with places like Raytheon or some junk. If you got a TS you can do a lot of lucrative stuff.
Source: father has done a bunch of private contracting with different companies for the Army and DoD. Can make a fuckton if you got the right credentials or contract.
>>1226474
This. Lots of F500 businesses looking for this skill set; major in some form of computer science, engineering or networking, get an undergrad degree, and get a job that pays 6 figures straight out of school.
>Download app for practising job interview questions while commuting or working out instead of pussychasing in pof or playing chess.
>Get the best rated one and download it.
>English is as broken as my ex-gf's heart when I told her I didn't want to play as Popori in Tera, but as an Elin instead.
>Check again.
>All the reviews are from Indians, muslims or Chinese.
>Uninstall app...
Comment too long. Click here to view the full text.
>>1226266
How can you even use an app to practice for something like that? Unless you get 1 on 1 mock interviews, you may as well just watch youtube videos
>>1226266
>not playing as Popori
do you even want to collect em all
>>1226266
>is there an app that's good for interview questions
Doubtful. Just study behavioral interviewing in general, and make sure you know what answers your interviewers are looking for based on BI principles; study up on the firm if you're looking for something to do in your down time.
Last month I bought a couple of stocks with low price to book ratios, low price to cash flows, current ratios > 2.0, ROE > 20% and EPS growth > 20%, and just today I find out my portfolio dipped -13.5% since last month...
>Last month
There's your answer. Is the company valuable at its core? If so then think of this as "You can buy even more now at a 13.5% discount." Sure, you bought some before the "sale" and that kind of stinks in a way but it's water under the bridge at this point.
>>1226272
How do you define "valuable"? They're not exactly Apple or Google...
If you can't handle the it, leave the stock market.
The market returns belong to the storm riders.
So my student loan is a shitty $23,000. Is there anyway I can lower it? Also I have $19,000 saved up.Should I just dump it all in the loan? Should I pay little by little? Any other tips and tricks?
what the fuck man
>>1226211
I mean I got a good career started because of it. I was just figuring out if there's any 'right' way to pay it off.
I would try to get rid of it as fast as possible. I mean what we're you going to do with the 19k anyway?
Hey /biz/, what's it like being obsessed with the accumulation of something that will never provide you with fulfilment?
>>1226131
>no fulfillment
I enjoy nature and music, thus having enough money to retire into a NEET/trader lifestyle is 3-4 years away.
I'll be moving to Eastern Europe or maybe near Berlin. I'll have 1M to boot, currently 30 y/o with 620K saved. I've worked 80 hours a week for the past 2 years after opening a small business. God bless Provigil.
>>1226136
>Germany
Enjoy your refugee neighbors and high taxes.
>>1226136
>God bless Provigil.
This is the second time in a few days I've seen someone on /biz/ advocating doping to succeed in business/school.
I'm kind of curious about it.
Hi /biz/!
Anyone of you got good tips/advice?
Currently im using metatrader4 with some templates, economy news and also tried to get a feeling for the charts for a week now and i thinks is working good.
But what should i do more? What to do to get more safe(r) trades and maximize my profit?
Thanks for advice!
No one?
It isn't safe OP. It's not going to be. You could use hedging via synthetic options to lock in profits, but that relies on being able to borrow endlessly at basically 0% interests. Which you can't do.
>>1226140
I refuse to believe that these con artists don't have my best interests at heart.
Is forex a meme?
With $100,000 of capital, what kind of returns could I expect to see if I studied trading for a year or two?
Statistically, virtually everyone loses money with Forex
It is an investing vehicle that individuals with low capital and knowledge, are at such a significant disadvantage, that it would almost appear rigged to an observer
Expect to lose around 10% your first 60 days
You're thinking about it the wrong way.
It's one of those situations where it isn't the spoon that bends.
Practice for two years, and whatever returns you're capable of at that point is what you can expect to see, kinda.
ForEx is very headline driven and most of the giant moves are nearly instantaneous and totally unforeseeable. See the recent bank of japan shenanigans for example.
Think of it like working on commission. You can't precisely predict what next month's paycheck will be but if you're good at what you're...
Comment too long. Click here to view the full text.
>>1226055
forex is a meme
your expected returns are negative
> it's very difficult to make money trading
> therefore the market is efficient
Why do people believe this bullshit?
Nice non sequitur
Here's your (you)
>>1226054
Nice non-response. Too difficult to defend your precious EMH?
>>1226051
depends what you're doing - short term trading in highly liquid products and big name stocks - sure they're all very efficiently at least in terms of their short term intraday movements relative to each other
buy and hold, value investing etc.. on the other hand - nope... the market is erratic some stocks gaining and losing double digit percentages based on hope, fear, subjective predictions of future decisions of governments and central banks etc..while the underlying business itself is unchanged....
Comment too long. Click here to view the full text.
Red pill me on flying first class /biz/
Is it a meme? Or should I stick to business class and save money?
>>1226007
On some routes, First class is cheaper than business, as companies have started to require people to fly business class. With fewer people flying first, the prices have dropped.
I believe SF to Zurich is one of those cases.
>>1226007
Anything past economy is a meme. You are really going to pay $2000 for a slightly larger seat and a free drink worth $5?
>>1226007
It's mostly a status symbol thing.
