Futures trading looks simple enough, but why do 95% of investors go broke within the first year?
What does it take to be a successful futures trader?
Futures General
>>1011006
simple. they trade too big
What's your favorite indicator, /biz/?
I like to use the Aroon a lot.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:aroon
>>1011006
>but why do 95% of investors go broke within the first year?
95% of UNTRAINED investors (traders) go broke in the first year.
Fixed it for you.
Any tips on saving money?
Stop being a frogposting NEET
>>1010613
Make more spend less
>>1010613
Making more money.
Every popular book about getting rich involves already having a decent revenue stream. They assume you can cover costs of living, they assume you can throw decent amounts of money into investments, they assume you're wasting thousands per year that you shouldn't, they assume you can put down payments on rental properties, they assume you know people who can invest in your business ideas.
High school senior here, it seems like most of the stuff discussed on here is about stocks and investing and whatnot which is pretty irrelevant to most people about to go to college or college students themselves. What can I do to prepare myself for business later in life?
I worked at a restaurant for about three months and saved up everything I earned ($900) in a savings account at my local credit union (3% and no fees). Yes I know, shitty but it's a start. Becoming financially independent would be great for me because my dad and I don't have a great relationship...
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>>1009918
Wow great job son.
Its a hard question to answer, full disclosure I am a loser in life but I am old so can at least chip in until you get a quality answer.
1. Ivy League has a far different culture than Alabama. Are you ready to become a intellectual college athlete? Competition is really fierce, getting good grades means being better than others, not personally excellent. Mostly no time for fun.
2. Alabama is where you go to get laid by sorostitutes but if your personality and looks are jacked...
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>>1009918
Start buying kneepads, college is retarded
>>1009946
>Its also way better in psychology, history, poli sci then say hard sciences.
Switch them around for LA, SD, and Berkeley and that's accurate. The only UC worth anything for biz is Berkeley and the social scene throughout the UCs is pretty shit unless, like this guy said, you're a hardcore liberal
So I'm on track to buy a very expensive car... I'm about 50% of the way there already.
>be me, 23
>insurance broker since 18
>have 82,000 already for my car
>car costs 160,000 here
>less than 2 years, and i will have enough
>mfw i'll be 24 and own a Ferrari F430, my dream Ferrari, and I have the Lego version since 2007 and that's when I told myself I'd buy...
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Has to be a troll. No one is this pathetic.
Your car is not your penis. Your car is not your self-worth. Your car does not fix your shitty life.
Grow up, kid.
>>1012297
Pathetic? How?
This was my dream, I'm about to achieve it, within 2 years.
I love cars, I remember begging my parents to buy me that Lego Ferrari F430 Challenge, in Red and Yellow, I begged for 3 months before they finally gave in.
Me? Grow up? So just because you are not close to realizing your dream, however Honda Civic pathetic they might be, you think I'm the one who needs to grow up? I was going to be a loser, working at McDonalds. I was so out of it, I decided to go and sell...
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>>1012300
You should only buy a car that is 10% of your income. Youre still a poor fag kiddo. If you buy that car youll still be a virgin and ruin your future.
Mission impossible mode:
You have zero savings; no real assets; say $30,000 debt (credit cards and student loans); only a BA in something like journalism, advertising, English or whatever; only work history is service or retail like cashier or bartender or waiter; no home
BONUS for extra points no or suspended license, no passport, and/or medical debts at wizard level (doesn't matter if virgin only that you're 30)
Extra bonus points: you don't fall back on your parents or social services to do it
How do you dig out and make a fortune?...
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Apply to law school and work part-time there? I know plenty of English majors that ended up going to law school.
What is the point of this retarded "what if" scenario?
Just mental masturbation?
>"What if I could fly but I could fly for no longer than 5 minutes at a time but I could also not land on solid ground however I could also not walk for longer than 10 minutes and I was in the middle of an island from which the nearest island was ~25km and I can only fly 30km/hr. What do?"
>>1011029
This is bad advice. The law industry is flushed with new lawyers right now and law school will put you even further into debt.
I don't have good advice for you, but I can tell you that this is not your option currently.
McDonalds has come up with an answer to the $15/hour wage laws being enacted.
Fuck yeah, basic income here we come!
>>1013911
I love all the craze in the past about how great it would be when "robots do everything and we don't need jobs", then it turns out the future is more like "robots do everything and we don't have jobs".
Dreamers forgot that they don't own any robots and nobody is going to give them handouts.
>>1013944
We're at the point where we do't need jobs tho.
Basic income unless you have a skill which can't be automated is the future
>Be military ossifer; Infantry Platoon leader soon to be staff Officer (AG)
>One year left in contract
>Initially wanted to move to Aviation, get demoted to CW3 and fly helicopters, ride motorcycles and bang bad bitches
>Or get out and maybe become a Private Military Contractor
>Now just want to be rich as fuck
>First step is to get into an Ivy League School
>Want...
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>I'm a glorified janitor
Lol
>>1013902
Nah, those are the Privates kek
>>1013901
>Was not a great student in high school nor College since partied too hard
What I mean by that is my GPA is all sorts of fucked up. Even at the OCS board the Major interviewing me was like; "WTF?" Good thing I was able to utilize bullshit-under-fire and wiggled my way out of it.
[Robinhood General Thread] -- /rgt/
Post Merry Christmas edition
>Stock Questions & Answers
>Stock Predictions & Forecasts
>Stock Graphs & Charts
>Stock Successes & Failures
>Stock Highlights & News
Visit the website first - www.robinhood.com
*Only works for US citizens right now (Australians can get on a wait list for the Australian beta)
Candlestick App - thinkorswim
Available...
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ASTI will probably hit 0
>>1014523
ASTI will hit a dollar, just you watch
>>1014529
Just curious what makes you think this. The stock is very diluted right now.
>tech is developing at an alarming rate and more and more things are using lithium batteries
>Tesla building gigafactory(with more to come)
>electric cars slowing gaining traction
>I'm predicting driverless, electric cars will be mainstream within 50 years as well.
Does anybody else hear follow lithium and its related industries? I barely ever see anyone talking about it. But it seems to have the most potential. My intention is to invest in...
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>>1009126
Now is the time if you're going to invest. Seems like a long term investment that will pay off in the distant future.
When I get out of the military I'm considering working for or starting a PMC and trying to grab a Lithium mine in Africa. They change hands between various warlords and companies like Raytheon every few years.
How long do we give it until a new battery technology becomes established.
Notably sodium ion.
Top Tier
>Math and Finance or Math and Econ
>Operations/Business Analytics, assuming it's quantitative
>Accounting
High Tier
>Operations/Business Analytics if it's not quant heavy
>Finance
>Economics
Mid Tier
>Marketing if you're a self-starter/good with people
>Information Systems/Business Software...
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But the real question is which one will make you the most money
>>1000749
Id put "Accounting and IS", just like you put "Math and Finance" and "Math and Econ", in Top tier.
firms are always looking for accountants yes, but those who can manage the IS of computerized accounting software/create a new one based on firm's needs
Masturbation: The Thread
What are the Pros and Cons of Marriage, if the two partners actually love each other and earn similar money and are not going to fuck the other over with a divorce?
>Age: 25 and 27
>Yearly salary: $130k and $120k
>No kids planned for 3 more years
>$450k in savings between both
>Supportive parents, who paid for their house, meaning no mortgage, just property taxes
What can you actually "do" with...
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I don't understand the question
Every choice you make in life is a compromise and marriage is no exception
You give complete personal freedom to create a loving and supportive bond with another person.
Most marriages fail simply because the couple won't communicate with each other.
As long as you don't marry a word (< or =2 sexual partners max including you) and you're both on the same page with finances, family, religion, and goals, and are constantly communicating effectively, then there are no downsides to marriage.
If...
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>>1011040
Word = whore on mobile
Fyi, each sexual pre marital sex partner a woman has correlates to almost a 10% increase in divorce.
You two have the money issue under control, which is the most common official reason for divorce in the US
A lot of people will tell you to get a prenup, but they don't do jack shit, and are completely void after you have children, even if you try to put a clause in for children.
The prenup itself creates a lot of hostility and can almost become a self fulfilling...
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>25 and 27
>if the two partners actually love each other and are not going to fuck the other over with a divorce
good luck with that
Is your job safe from automation?
My industry? No.
My job? Yes. My company has been in the red for years and will never be able to afford a machine to replace me
>>1009734
Discussions on this topic are a waste of time, you gain more reading books about economy from 100 years ago than wasting time discussing about potential automation of everything.
If by some miracle humanity achieves extraordinarily advanced AI capabilities then the system will adapt really fast with it and you will live to see the changes.
AI's could direct you into where you could create the most value based on your personality / skillsets.
With AI that is pure intelligence humanity would go towards...
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>>1009762
>discussions on this topic are a waste of time
>spends time discussing the topic
Lol
Hi everyone, i would like to know what is the best alternative to bitcoin now ?
Gold! Buy quick before the shit posters come and talk about penny shills
>>1006935
Frozen semen
Ethereum
NXT
Ripple
All have nteresting aspects to them that set them aoart from BTC
Litecoin
The only other altcoin that has some volume and support behind it.
Dogecoin
Totally idiotic but might see some more great pumps in the future
Check coinmarketcap for the volumes and rates. There might be some alts that have the chance to become something, did not research them all.
Memes and /pol/itics aside, what do you think of Donald Trump's proposals for the economy?
>Crackdown on illegal immigration (cheap labor supply).
>Confront Chinese policies (declare China a "currency manipulator", etc.)
>His tax plan (lowering taxes on corporations to keep jobs in the US).
Sounds that he's running on emotion, not actual logic.
>>1013487
It's pretty good. I like it.
>hey brah wanna signup for my direct sales company
>we do direct marketing and are a management training program based on a positive attitude and leadership potential
>positive attitude
god, I hate this BS. What is a job where I can be a huge asshole and make tons of money?
ready to do it!
where can i find info?
>>1012115
>He isn't paid to shitpost