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When I started a year ago it consisted of a brand new HP Pavilion with 16 GB RAM, new SSD, Rayden Graphics Card and the highest internet wifi available (no fiber optic available). However, I've since transitioned into my Samsung Galaxy S8 while lying on the couch watching movies or shows, or...

Hedge Fund Quants, algorithms, HFT's

I dunno, but Robinhood is probably the shittiest brokerage in existence, and only total noobs would be dumb enough to keep their money there with 0 customer service by phone in case of an emergency. There have been so many who were hacked and had to literally sit there and watch their money...

Panic is their purpose. Panic creates fear. Fear gives them control to enact bs laws. 9/11 Patriot Act. Coronavirus lockdowns and everything theyve done during them.

Well I was long until it reversed out of Nowhere and took me for a ride as I waited for the pullback that never returned was actually a reversal. I thought the s&p would hold at 4550 but it crashed another 50 points. Still think it could go another 100 - 250 points before stopping, but who knows.

Micros is awesome for back testing your strategy and creating your system. My greed pushes me back to the minis in short order though.

Why trade at the open? Just skip the first 30 minutes to avoid thening volatility and it goes back to normal. Or, get on a platform/ brokerage that trades all world markets. I day trade futures all night and also US hours, whatever time I feel like.

I'm making more shorting futures market than buying the dip.

I feel like George Costanza when I trade. Whatever move appears the most obvious the opposite is usually the profitable one.

I carry debt because I make more in interest by investing the entire principal then I pay out. If a person wants a $100,000 home and has $100,000 in cash is it smarter to buy it outright to avoid paying interest? In all the years I've asked people this question only one has given the correct...

Wash sales don't forfeit your losses, they just divert them to a later date. Even if you gain a wash sale in the month of December it will still be able to be carried forward, it's just you will not be able to do so until the following tax year a year later, unlike any wash sale gained prior to...

If it was purchased or used in the course of your business you can. Being employed while simultaneously running a business is irrelevant. The 2 are are mutually exclusive in accordance with your business.

The size of your business is irrelevant to the tax shelter you wrap your business in. You can be a 1 person business that you incorporate and utilize the tax advantages afforded under that umbrella.

I'm baffled by how anyone could use this shit brokerage. They don't even have a human contact number. The amount of horror stories by people who have watched hackers drain their accounts in real time because they could not get any contact from Robinhood beyond canned email responses is...

"Work" vehicle, office space, petty cash, business lunches, vacations (company related travel). Pretty amazing the amount of shit you can attach to a company.

I just pay my taxes. It's part of the game. Why risk tax evasion?

The other day I made a single fucking comment about the SEC and Elon Musk and this retard immediately latches onto it and stating Elon manipulated Tesla and the SEC would have done more but Elon was the golden boy etc etc etc. Proceeds to argue for an entire day without providing a single...

There's another sub, I guess it was created to call attention to them, they said the mods there push the meme stocks and delete the ones calling attention to the manipulation. It's just a sub used to pump and dump now. But it's so huge that people are still pumping or oblivious long after the...

Are you a dickrider? I swear you follow me around like a little girl. I'm mad at an entire reddit sub that has no fucking clue what they are doing? Outperforming me? I doubt 95% of that sub has the bankroll pattern day trade. If you want some dick go find somebody else instead of acting like a...