why does my financial analysis book have a /biz/ meme on it
This is why i pour money into a stock blindly without doing any research
>people go into debt to learn this Grim.
one problem with this chart is that 1) /biz/ doesn't buy at that low point, they buy at 'overconfidence'. 2) the chart is wrong because most assets I've seen like this are like Nvidia and will do the GIGA dump, then violently recover to new highs leaving you wondering why you sold in the first place.
>In early 2021, a bright-eyed young couple named Chad and Jenny became instant celebrities with a TikTok video on how to make money without working a 9-to-5 job. "I see a stock going up and I buy it," said Chad with a cheerfully clueless shrug. "And I just watch it until it stops going up, and then I sell it. And I do that over and over, and it pays for our whole lifestyle."Based Chad.
>>62597245>until it stops going up, and then I sell it> - 20 % crash after earnings disappointment> he is now in the red with that positiontypical summer tourist fuccnigga
>>62597245yes this is called momentum trading but most people are too low IQ with too much ego to do it
>>62597157because it's accurate
