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I am a book worm deluxe and currently reading Dostoevsky's "The Gambler" for pleasure and "futures 101" by Waldron for education. I do not recommend this book really for anyone that isn't a complete neophyte...I'm pretty ignorant to futures markets and not really learning much. Next on the...

great advice, thanks.

yes, the races with the highest # of single parents also have the highest poverty % (Native Americans and African Americans).

sure buddy...the S&P500 has been tanking since they've had the printers rolling 24/7 :rolleyes:x1000 SPY is @ $435 currently and was ~$337 pre covid crash. It isn't inflation that hurts the markets, its a rise in interest rates that follows.

inflation tends to benefit the wealthy class in that they hold all of the physical assets...which increase in value from inflation.

according the the authors of "Millionaire next door", the majority of millionaires in America are first generation wealthy meaning they didn't inherit shit.

how many people fresh out of high school know the difference between an asset and a liability? I doubt many do. What should you do with a dollar? what percent should be allocated to what? how's about the difference between a Roth and traditional IRA? how's about some guidance on how to open an...

This is because no one knows anything about money...schools don't teach it and most parents are poor also with no understanding of anything but being a wage slave. It was always a sore topic in my house because there was never enough of it to go around. we need education reform in a bad way...

lol this post cracked me up. you are essentially asking "Why doesn't the price go where I want it to"...overcoming this mindset is foundational IMO.

im down close to $100k in 3 years lol I'm tired of losing money.

any books or youtubers or chat groups that you consider as good educational resources on futures trading? I have read "Commodities for Dummies" and Hull's "Options, Futures, and Other Derivatives" so far and the latter was extremely helpful. Just looking for some more material to digest...

my opinion on GME...smart money made the most money off of it the past year. The squeeze squoze almost exactly a year ago...those who are still holding shares and thinking they are part of some epic, peasant class squeeze of tHe BaD GUys is little more than a delusional nincompoop trying to...

depends on who you ask looks like lol.

again surprised...i was expecting $100k-$250k to be minimum. Thanks for the reply.

my thoughts exactly. Too many horror stories of people getting wiped out instantly due to leverage. (long) Options have too much of this against them....small moves in the underlying can destroy your position so fast its not even worth rolling or closing most of the time. I am trying to get...

damn I was expecting much more than that...care to elaborate why you consider $15k as the number?

Looking more for education than personal advice. I have always had an interest in commodities...but this market is intimidating lol. They do seem more simple and appealing than options: no theta, ruled primarily by supply & demand, taxed slightly better, etc... so just for the sake of...

ok. I don't disagree i was just trolling.

Cramer changing his opinion on oil to bullish is the most bearish thing I have ever seen. The top must be in.

Crypto is to currencies...what penny stocks are to equities