Working and receiving a wage is an infinite return in exchange for your time that would otherwise be spent gooning. Your stonks can go to zero but you always have access to infinite money if you have a marketable skill.Think about it.
>>62302676>tfw your a immortal god
>>62302704>bankers hate him for this one weird trick
>>62302676So as AI destroys decades of life investment and irreversibly ruins the lives of hundreds of millions of hard working people, your meme bullshit propaganda shills becoming a minimum wage warehouse slave who will be replaced by robots in a few months to years? Or will you talk bullshit about learning to weld, to compete with millions of mass unemployed for minimum wage in the meme trades, until robot corporations buy the security certificates to replace you? Or should we all become surgeons, a "market" that only survives on massive, unfathomable corruption that keeps the number of workers down, or else it would pivot into robots + minimum wage service technicians in no time?Or entrepreneurs? With direct capital to minimum wage slave entrepreneurship automation platforms seeing massive growth, I can totally see that working out.
>>62302843>entrepreneurshipThis isn't real work. Real work trades worthless time for valuable money at a fixed rate.
>>62302676Get any job you can and save up $200k any way you can. Just go full NEET while living at home. Then tap out and trade and never have to work a real job for the rest of your life. It's literally what I did except I had my own place instead of living at home.If you don't do this it's literally your own fault. Literally just s.t.f.u. and stop complaining.
>>62302992I'm in Eastern Europe and have a paid off house and about 200k€ liquid and it isn't nearly enough money to retire on.But, I have 4 kids.
>>62302676AI will make 99% of population unemployed
>>62302992>Get any job you can and save up $200k any way you can.$200k isn't enough to live for the rest of your life.
>>62303012>But, I have 4 kidsThat's the difference. You can't go full NEET. Too many responsibilities will make you worry too much about paper losses. Being able to go full NEET is the key. A wife or even a gf is out of the question because a gf will want to go out and do things and spend money. Also investing and trading are two different things. Of course no one can retire on $200k in investments. But they can absolutely trade full time with $200k in working capital.
>>62302676Only true if you walk to work and they provide all clothing and uniforms
>infinite>in a finite working lifeAnon, I...
>>623031371) Go to work2) Get paid3) Have money
>>62302676>access to infinite money if you have a marketable skillNot true I get rejected for roasties and browns with 1/10th my skill
>>62303043$200k is what you need to be able to day/swing trade for a living. People on this board constantly confuse investing and trading. They are two different things. investing is passive income. Trading is literally a day job. The only difference is your boss is god instead of some faggot in an office.
>>62304163>godOof, which (((god))) anon? Mammon the Hebraic Demon-Lord of gluttony and greed?
>>62304163>$200k is what you need to be able to day/swing trade for a living.That's assuming that you're very good at trading and have been trading with small accounts for multiple years with proven returns. You don't become a pro NBA player by buying a basketball and some Nikes.
>>62302676>Working and receiving a wage is an infinite return in exchange for your time that would otherwise be spent gooning.you can keep gooning at work, my forklift operator job became much more exciting when I discovered remote-controlled vibrating cock rings
>>62304845>That's assuming that you're very good at trading and have been tradingIf you can handle risk and are good at any kind of tactical PVP game like League or DOTA or something like that then you can get good at Day/Swing trading pretty quickly. It won't take years because you already have the muscles to do it. It's the risk part that most people don't have the ability to handle though. Also the 95% failure rate is because people think of it as a get rich quick scheme instead of a job. If you are trying to get rich quickly you will lose everything. Being a Day/Swing trader is about freedom and not having to answer to anybody. Plus with the added bonus of low key making more than most people that you know.
>>62307016lol saying that League and DOTA translate to trading is... something. I've got over 1k hours in both games and another 3k hours across a variety of pvp shooters. Am I going to be the next Michael Burry?Probably true though that if I spent those 5k hours hyperfocused on trading/investing I'd probably be a lot better off for it.You're not wrong that the primary challenge is risk management but identifying opportunities and executing on them are not far behind. Not to mention the psychological aspects of money that simply don't exist when you're blowing off some steam after a long day of wage cage screaming at some internet cafe idiot who insists on instalocking Invoker and going mid. There's no risk in losing a game of dota. Psychologically it's not the same thing.That being said if there's some secret sauce I'm missing about turning $200k into a career please enlighten me. I am genuinely interested in losing all of my money. ty
>>62302676this is why waging or owning a business isn't considered an investment.it is interesting from a mathematical standpoint, but in a banal and obvious sort of way. People ask what the ROI is on my business and it's effectively infinite.but that says nothing about what I put in or take out. The ROI is infinity whether I made a dollar or a million dollars. And anyone with a brain knows there are limits to how much you can make with a job or a business. Even if it's "free" money, it's not necessarily scalable like investments are
>>62307844Is this an LLM chat bot?
>>62307844Dumbass answer. Even private single person businesses have opportunity cost and cost of capital. ALL business is arbing your return on capital with your cost of capital.
>>62308000>arbingchecked, and I'd arb his moms vagina, as in eat that arbies roast beef, if you know what i mean
>>62308000Let me know when the IRS lets me write off opportunity cost.you sleazy little retard
>>62307815I already told you that the catch is that most people can't handle the risk. It's in the very same post. I would say that you have a far better chance of being able to handle the risk if you don't have a lot of life responsibilities. Ideally someone who is already living a NEET lifestyle is optimal.
>>62307815 >You're not wrong that the primary challenge is risk management but identifying opportunities and executing onAlso this is not the primary reason that having a tactical gaming background is an actual advantage. Specifically a PVP background NOT a pve background. Because PVE games can be solved. A tactical PVP game specifically requires you to be able to predict what the person on the other side of the monitor that is playing against you will do next and that's the key.This is the secret that they don't tell you. The average person thinks predicting the stock market is like predicting the weather. When in actuality it's not like that at all. Because the weather doesn't give a fuck about you or your actions. It just does what it does. The stock market DOES care about what you do in it and will actively move against you to take your money. That is because there are actual people (or their algorithmic avatars) that are on the other side of the monitor that are actively trying to take your money. It's a zero some game. And when you realize this one simple fact it can be used to your advantage. And it doesn't hurt that as a gamer you already have the competitive mindset of not wanting to get beaten by some faggot on the other side of the screen and you will do what it takes to not let it happen.
>>62303012To get into full time day trading you are gonna need about $200k working capital to start. Then around 3 to 6 months living expenses on top of that. If you have responsibilities then I would say 12 months living expenses on top of the $200k working capital. It took me about 8 weeks to start making consistent money. But that third month I made more money in that single month than any month before in my entire life. If you have kids I would say wait until they are grown and out of the house to give it a shot. You don't want to be stressing out about paper losses. And for God's sake don't talk to you wife about your day to day trading. Keep all of that to yourself and online with people that get it and understand the game.
>>62303053>A wife or even a gf is out of the question because a gf will want to go out and do things and spend moneyNot necessarily
>>62307016The problem with trading is that you're investing your time into learning strategies that might not even work anymore since everyone else is doing the same thing.
>>62310525Known strategies and standard methodology are a dead end anyway. The entire institutional system is built around making money from anyone using standard methodologies. That is why you should never believe anyone that says they have a foolproof system. Because if it was foolproof everyone would be doing it. And since trading is a zero sum game that makes it mathematically impossible.The only way to make money is to have your own personal system that works for you alone and is compatible with how your brain works. Like don't use a system that requires a lot of advanced complex math if you're not a math genius etc. Every methodology that works only works up until the institutions account for it and incorporate it into their models. Then you have to readjust and modify to your own system and strategy. (A new meta). So if you use standard methodologies you are giving up the one advantage you have over the institutions. Which is you are the only one that knows what your next move is. If you use standard methodologies the institutions already know what your next move is and they will rip your heart out.
>>62310855>So if you use standard methodologies you are giving up the one advantage you have over the institutions. Which is you are the only one that knows what your next move is.They know that you're trying to make money, which already means you will use a specific set of strategies that work during backtesting. It's impossible to make anything truly new since you have to test it on old data, otherwise how will you know that it works?
>>62310365Story on that image?
>>62311178Thinking you know what will happen in a trade from backtesting is like like thinking you know how to box from punching a crash test dummy. The crash dummy doesn't react to the stimuli of you punching it the same way backtesting doesn't react to you putting your own money into a stock. The stock market is a living thing it's not random and it's not some unthinking system like the weather. It will physically react to the stimuli of you putting money into it. Which is why the only real way to know if a strategy will actually work is by testing it live.
>>62312379>It will physically react to the stimuli of you putting money into it.Bro your account size is $200k not $10 million. The candle will not change when you buy anything.>Which is why the only real way to know if a strategy will actually work is by testing it live.Maybe, but then it might only work during those specific market conditions and evaporate as soon as the general market changes. You are trying to build a castle on shifting sands.
>>62302676i fucking love working and earning just enough to pays rents forever, it's the fucking best. i work and someone else, probably some fucking boomer gets all my money, it's so cool!
>>62312392Dude I've moved $140bn market cap stocks in real time by making moves into them. I remember one time thinking it was pretty funny knowing I was the one that dropped Pfizer by nearly 30 cents that day. Just go hard into any consolidating trap and buy into it and see how it tooootally won't react to you making a move into it and try to stop you out. People that don't day trade for a living have no idea what they are talking about when they say you are too small to move a stock. The institutions and market makers and anyone with Level 2 can literally see what you are planning to do in real time when you set pre-set limits orders and they will fight you every step of the way. Which is why a day trader setting pre set orders is retarded. You are literally giving away your greatest advantage by using set and forget limit orders.
>>62303043>$200k isn't enough to live for the rest of your life.what if i only plan to be alive for another year? then it's a small fortune.
>>62312678>Dude I've moved $140bn market cap stocks in real time by making moves into them. I remember one time thinking it was pretty funny knowing I was the one that dropped Pfizer by nearly 30 cents that day.No you didn't, the market did that and you took credit for it. It's like that scene from Saving Private Ryan when the guy shoots a tank with a pistol and it explodes.>You are literally giving away your greatest advantage by using set and forget limit orders.No because you use tight stops so you can only lose $100 and no one will care about making only $100.
>>62312746Yeah I guess all of the money I make every month to pay my rent and bills isn't real either. If you don't have the ability to see how the world is instead of what you think it is or what it should be then I highly recommend you don't get into day trading. That is the beautify of this game. There are no experts and no authorities. There is only what works and what doesn't work.
>>62312777I know everything there is to know about trading. I make so much money.
>>62312789yakub (pbuh)
>>62312789Nobody knows everything there is to know about trading. That's the point.
>>62302676diminishing returns*>bossman will not give you raises that beat inflation>age slows productivity >robotic revolution soon>w2 taxes are more than cap gains (in burgerland)the permenant underclass will be realact accordingly, citizen
>>62309885But did you trade through a full blown bear market yet? And did you beat the slightly more risky specialized indices? Friend of mine just put his 200k into automation indices in 2023, is at 700k now, without ever doing anything.
>>62313722Did I beat the bear market?No but I survived it. Which is really all you need. Its not hard if you already live a NEET lifestyle. I can't imagine having to tell a wife. "Babe. We need to go full NEET for the next quarter. Xbox and free Prime videos only. And any anime blu-rays MUST be on sale."
>>62304163holy based
>>62302676Huh? Your body has limited repair cycles. Each time you work, you damage your body a bit more, bringing you closer to oblivion. You're trading your essence for money. That's all that working is.
