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Apr 30 2020 09:57am
Quote (Bazi @ Apr 29 2020 06:18pm)
^excellence

I hate this company with all of my little heart.

troll ass elon says dw America ill make you guys ventilators and ends up making BiPAPs which are contraindicated in all covid illness


He doubled down on it too.

He's taking on sleep apnea in the new Tesla Sleep Study.

For real though even cpaps and bipaps are good gifts.


Quote (excellence @ Apr 29 2020 06:59pm)
is elon musk the greatest african american since martin luther king jr?


This is likely.

This post was edited by Skinned on Apr 30 2020 09:58am
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Apr 30 2020 10:04am
Quote (Thor123422 @ Apr 30 2020 10:52am)
Yeah, it feels bad when you realize you could have gotten more, but you're also exposing yourself to substantially more risk. Be careful about cognitive bias. You only remember the ones you would have won.

Remember that you could have always picked the third hand that lost 50%


it's basically a trinary of win, lose, or draw. and ties are like kissing your sister.

but in investing its more than that really. people either employ a strategy of small short term gains that add up cumulatively over time or longer term larger gains. i'm a short term trader, so small gains are wins to me and big gains are just a rare occurrence pleasant surprise. but if i was a long term trader a small gain is basically a loss. holding something for a few months with a target gain of 100% that u only eek out 10% on is a loss of money. you could have flipped it several times on shorter term peaks and made far more money. its basically making money but holding to inflation, u actually haven't made your % in gross gains.
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Apr 30 2020 10:33am
DIS and SPY dumping further, like i thought they would. Happy with my gains but would of been nice to hold until now and sell for another 20% profit.
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Apr 30 2020 10:35am
Quote (thesnipa @ Apr 30 2020 11:04am)
it's basically a trinary of win, lose, or draw. and ties are like kissing your sister.

but in investing its more than that really. people either employ a strategy of small short term gains that add up cumulatively over time or longer term larger gains. i'm a short term trader, so small gains are wins to me and big gains are just a rare occurrence pleasant surprise. but if i was a long term trader a small gain is basically a loss. holding something for a few months with a target gain of 100% that u only eek out 10% on is a loss of money. you could have flipped it several times on shorter term peaks and made far more money. its basically making money but holding to inflation, u actually haven't made your % in gross gains.


Except eeking out a 10% is still making a profit if your term is less than, say, several years. We aren't at hyperinflation.... yet.

If you are targeting 100% gains every few months you're going to lose your ass eventually. Nobody will maintain that long-term.
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Apr 30 2020 10:56am
Quote (Thor123422 @ Apr 30 2020 11:35am)
Except eeking out a 10% is still making a profit if your term is less than, say, several years. We aren't at hyperinflation.... yet.

If you are targeting 100% gains every few months you're going to lose your ass eventually. Nobody will maintain that long-term.


in this comparison inflation would actually be just an index fund. if you can't make more than an index fund why bother trading? just toss it in a vanguard TSM and do nothing but let your IRA cook.
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Apr 30 2020 11:04am
Quote (thesnipa @ Apr 30 2020 11:56am)
in this comparison inflation would actually be just an index fund. if you can't make more than an index fund why bother trading? just toss it in a vanguard TSM and do nothing but let your IRA cook.


If an index fund is your index then you're still winning with 10% every few months.

Even a great trader would sell their soul for guaranteed 10% annual returns. Warren Buffet is the king of Wal Street on 13-15% annual returns.

This post was edited by Thor123422 on Apr 30 2020 11:04am
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Apr 30 2020 11:22am
Quote (Thor123422 @ Apr 30 2020 12:04pm)
If an index fund is your index then you're still winning with 10% every few months.

Even a great trader would sell their soul for guaranteed 10% annual returns. Warren Buffet is the king of Wal Street on 13-15% annual returns.


yes we shifted from void's example to trading generally, so the percents im listing are representing generalities not mathematically accurate. the point is you can still make money over inflation and under an index's gains, having made money and not lost it, and still see it as a loss. especially affected by what approach you take to trading given time.

and in any case this seems like 3-4 too many back and forths given we likely agree lol.
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Apr 30 2020 11:35am
Quote (thesnipa @ Apr 30 2020 12:22pm)
yes we shifted from void's example to trading generally, so the percents im listing are representing generalities not mathematically accurate. the point is you can still make money over inflation and under an index's gains, having made money and not lost it, and still see it as a loss. especially affected by what approach you take to trading given time.

and in any case this seems like 3-4 too many back and forths given we likely agree lol.


My point is just that feeling bad and wanting to retrain yourself away from 20% gains towards 100% gains is a great way to lose all of your money
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Apr 30 2020 11:43am
Quote (Thor123422 @ Apr 30 2020 12:35pm)
My point is just that feeling bad and wanting to retrain yourself away from 20% gains towards 100% gains is a great way to lose all of your money


gotta risk it for the biscuit. and anyways bad and good aren't binary, they're a spectrum. 20% gains when the market is tanking feels good, 20% gains when you could have made 200% feels bad, losing it all chasing 200% gains feels real bad.
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Apr 30 2020 11:46am
Speaking of TSLA, missed pulling the tsla short trigger again today, woulda made $ on that $100 drop. Been burned before on this one so I’m extra wary.

This post was edited by obisent on Apr 30 2020 12:02pm
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