Quote from PolymathMind:
Anyways, how do you guys handle when people ask you what you do for a living, then start asking how'd you learn it, what is it etc etc?
Telll them it takes years of study. Most want instant gratification and if it takes longer than 10 minutes to learn, they're on to their next profession
And how do you handle the average american who jumps up and says 'oh i should do this, im going to buy google because i use it everyday!'??
Tell em not to invest any more than they can afford to lose.
How do you handle someone asking you about trading stocks, etc?
- Thread starter PolymathMind
- Start date
As a preemptive strike I usually say I'm a professional gambler. At least that way the conversation flows in a direction that bares any interest to me also.
This, I find silly. Unless she operates an online book/food/dvd-rental company, she buys stuff from them and not 'doing business'. Aka. a customer is not a business partner. LOL. Pointing this out is also a very good conversation stopper.
This, I find silly. Unless she operates an online book/food/dvd-rental company, she buys stuff from them and not 'doing business'. Aka. a customer is not a business partner. LOL. Pointing this out is also a very good conversation stopper.
And then they ask you: Where is it harder to make money trading stocks or gambling in a casino?
whatever you feel like..
accountant
technical engineer
online auctioneer
online sales associate for? (name the company you traded that day, ahahha)
entrepreneur
bookkeeper, clerk, merchant, vender
banker
the list goes on and on, just make sure you have follow up answers that are related to the field yet vague enough doesn't really tell them what you do.
TT
accountant
technical engineer
online auctioneer
online sales associate for? (name the company you traded that day, ahahha)
entrepreneur
bookkeeper, clerk, merchant, vender
banker
the list goes on and on, just make sure you have follow up answers that are related to the field yet vague enough doesn't really tell them what you do.
TT
Quote from NoDoji:
On June 23, 2009 my friend called me and said that after being in cash for the longest time, she had 3 stocks she wanted to buy because she did business with these companies all the time and they were great companies and she just knew they were going to be great investments. The stocks were AMZN, COST and NFLX. She wanted my opinion on them.
I looked at the charts and, based on technical analysis and nothing else, told her that her stocks were all "buys" and told her where to place her stops.
Every one of those stocks had excellent gains, with COST gaining almost 40%, AMZN nearly doubling in value, and NFLX more than tripling in value.
I spoke to her recently and mentioned how solid her stock picks were. It turned out she did not buy a single one of them because the concept of "stops" scared her. She said she couldn't bear the thought of losing money on them.
And this, NoDoji, is what separates us, from them. Don't forget it.
Quote from orange_trad:
As a preemptive strike I usually say I'm a professional gambler. At least that way the conversation flows in a direction that bares any interest to me also.
This, I find silly. Unless she operates an online book/food/dvd-rental company, she buys stuff from them and not 'doing business'. Aka. a customer is not a business partner. LOL. Pointing this out is also a very good conversation stopper.
I do this too. I tell em I am a speculator. Then I educate them on how capitalism is speculation. Everyone is much the better off.