@TheBigBerbowski You’re right. I don’t like to talk to people about my returns as that feels too egotistical. Something I have to change is I’d rather be complacent than come off as a dick flaunting edge. I should just call it how it is instead of hiding behind the “I’m just lucky” type beat
@crjpilot47@NoLimitGains Not sure if insider trading makes them look like imbeciles since she’s… insider trading. You can copy trade congressionals given you think they have insider info but to say shes a better trader is an overstatement. Note: all her trades are delayed. Learn price action, u will win
@ricfleer Take a look at every stocks price action after trump has tweeted them over short term 1D-1W and the long term, 1W-3M. Not great. Just stick with price action fundamentals, it’s all you need.
a vc told me startups keep raising because talent is expensive so i asked why talent is expensive and he said everyone has to pay $4,000 rent to live near the office so i asked what happens when rents go up again and he said the startups have to raise another round so i said it sounds like he’s feeding his capital to SF landlords and then he started crying
@robertsd@Globalflows Remember that the equity markets rely on real rates which is applied onto the real markets via leverage. If a real rates change due to whatever reason, then the markets may not do what you expect in a micro environment, but a macro environment.
@robertsd@Globalflows price is doing the exact opposite of what you expected it messes with your head. price is just what people are voting with money right now, it doesn’t rewrite the fundamentals. if it contradicts, check if the core drivers changed or just noise bs, then use ta to adjust
HR forced me to hire a junior systems administrator last week.
He's 23 years old and showed up on day 1 carrying a physical notebook.
He spent his first morning looking at our backend and realized my automation scripts were written in 2008.
He asked me why we're running deprecated code that relies on an unpatched version of Windows 7.
I told him we employ a strategy of chronological obfuscation.
I explained that modern malware is designed to attack modern architecture.
By keeping our infrastructure trapped in the Bush administration, we're immune to zero-day exploits.
You can't hack what you can't interface with.
He looked at me like I was insane and asked about data compliance.
I leaned back in my chair and whispered the phrase "asynchronous legacy tunneling".
He immediately closed his notebook and apologized for questioning my vision.
I spent the rest of the afternoon watching a 4-hour documentary about the Roman Empire at my desk.
Next week I'm going to make him untangle category 5 cables for character development.
⚠️ DISCLAIMER ⚠️
This is not for everyone. Trading is extremely hard and stressful.
For most investors, the best strategy is still to buy, hold, and DCA.
I want to talk about trading and taxes.
A lot of people are so afraid of paying taxes that it completely clouds their judgment.
Let's use a simplified example based on my recent $NBIS trades with an hypothetical $1,000,000 position to simplify the math.
• Average cost: $180
• Trimmed at $270 (reduced from 40% to 15%)
By trimming from 40% → 15% at $270:
• Realized gain: ~$312,500
• Tax at 30%: ~$93,750
Then I re-entered around $220-$230 (let's call it $225 average).
Later, I sold half of that re-entry at $283:
• Realized gain: ~$120,830
• Tax at 30%: ~$36,250
Total taxes paid: ~$130,000
Now let's look at what that tax bought me:
• Avoided a drop from $270 to $225 on the shares I sold: ~$156,250
• Captured another move from $225 to $283: ~$120,830
Total benefit from actively trading the position: ~$277,000
So I paid roughly $130k in taxes to generate roughly $280k in additional gains and avoided losses.
The lesson?
Don't let taxes make your decisions for you.
Too many investors focus on the tax bill and ignore the opportunity cost.
I'd rather pay taxes on gains than watch a much larger amount disappear because I was afraid to act.
@ChairmansLedger@Walsher448441 Bro, if your position on a company is based on whether a Twitter user is long or short, you deserve to lose money. Instead, use fintwit to find companies to do your own due diligence and make your own risk reward. It pays to hold risk and put your money where your mouth is.