I'm almost a complete beginner that only know few terms. I specifically want to know how to spot patterns to day trade and swing trade (since PDT fucks me over if I day trade)
Noah Martinez
First for my waifu, RKG May her beauty surpass her skill for shitposting
>Friday night >Almost all the tripfags are posting Makes you think... Just kidding I love you guys. There are even a couple of you I would trust to take advice from.
it's so warm in here and everyone has a name tag. awwwww
Thomas Bell
>it sounds like you were too generous with pictures you received No photos or people involved, only corporations. It was semi biz related and I'm not saying any more on the topic >you looked through the archives No, I just have an autistically good memory >merely getting quality financial data has proven to keep me pretty restrained here. how broad of a market segment and what time frequency are you trying to target? Data for individual tickers is easy to find
Logan Sanders
>I pay $35/month to get a real-time data feed for stocks and options. $20 of that is the normal IB monthly account fee. Well shit, I might just end up paying for that briefly just to scalp them for their historical data. Do you know how good their historical data is? Like, the furthest back it goes? That's one of my main interests for backtesting is making sure to cover a couple good recessions, maybe the cold war and Korean/Vietnam/Iraq war. >I have a dedicated mysql db server set up that I use for a number of different projects. The wording makes this sound expensive. I hope this is either a home server or an AWS micro EC2 instance
>So, when did rgt die and smg take its place? I was gone for a few months. Same. I'd guess late fall or sometime in the winter. That's when I stopped posting. Do you remember the forex and investing general threads from before that?
Colton Perry
Whats your account goals, just out of curiosity? I wrote the post in the last thread asking about what account goals should look like if you were trying to make 60k a year, though I was kind of lowballing it because I figured 3 million sounded like a large account, especially when the other guy was talking about his money being put to work on SPY to turn into what, 1.5 million or something like that?
Jace Cooper
Read the basics and spend time (weeks, preferably months) watching charts for a couple companies you like. Get a paper trading account and see how you do before cracking any serious real money. Fundamentals and long term is much better to start on than rapid pattern trading. But there's also utility in partying for a crash course if you don't mind blowing $100 a few times until you're semi not retarded
Cameron Adams
BASED new tripfag
welcome :)
Bentley Ward
:3
I hate actual textbooks... They make nice references, but I've always had better luck with websites and blogs when it comes to learning.
Is this the new tripcode that you had in mind?
Luis Cox
Try something philosophical like "The Richest Man in Babylon"
Evan Gonzalez
Someone tell me some good HMNY news
Gabriel Johnson
That's impossible. 1:250 rs happening late July
Jason Collins
>No photos or people involved, only corporations. It was semi biz related and I'm not saying any more on the topic Well this is fascinating, and from my own experience with the law, I can respect that >No, I just have an autistically good memory Oh, right, people have long term memory. I forgot about that.
>merely getting quality financial data has proven to keep me pretty restrained here. >how broad of a market segment and what time frequency are you trying to target? Data for individual tickers is easy to find I'm not just going for price data. Price data doesn't mean a whole lot, and Stooq has provided a source for all the TA I'll ever need. It's the FA stuff that I'm hunting for, and I only need daily data but I'll settle for monthly. The thing is that I want DECADES of it. I'm shooting for this thing to basically be a super fancy scanner on the whole fortune 500 or more.
Leo Garcia
That was me posting about living off passive divs from a sizeable bankroll. That is my goal, though you've somewhat underestimated the return on this strategy, since you don't have to worry about withdrawing capital. The difference is I'm not trying to build the capital off only trading. I work as a tech executive and make good money doing that, and have no substantial expenses at the moment (no kids/ wife/gf, own a house)
You need schooling for that job? I work at my family's business and have considered the whole "self-learn coding for a tech career" as a backup if things ever went south in a big way.
Isaiah Collins
Good manga, but needs an edit that says "tripfags"
Charles Ortiz
I have no plans or projections yet to try living off it. Living off 3 million definitely isn't being too liberal. 1 million dollars is NOT as much as normies think it is. 1 million dollars in my account would even mean I'd probably have to take a haircut compared to what I make now. I haven't even tried projections for what I'd live off of, I've only calculated out how long, how much to save per year, and the rate of gains that I'd need to get to 1 million dollars, and that's at least 5 years out with a very unrealistic rate of gains.
yep or as I like to say: we loved BASED tripFRIENDS :)
Angel Baker
Source? Also, r/s doesn't mean bad news... It's dilution that's bad news and the owner has mentioned an interest in dilution. Currently holding a call option on HMNY, would it be rights to the pre or post split shares? If it's entitled to 100 shares following the r/s, I'm gonna be rich kek
Mason Thompson
I can't believe that Radiohead song was 7 years ago. Time goes by so fast.
Hudson Johnson
Im glad I didn't, way too many L's this week so I skipped out. Almost did lol
Michael Morris
Depends. No place will hire you into a good full time permanent position without at least a bachelor's in a relevant subject, or several years' experience as an intern/ contractor. Bootcamp is enough for landing initial contract gigs (have a portfolio/github/etc to show) or maybe a crappy foot in the door slot. If you're good with ideas and marketing and have time, bootstrapping yourself and making apps is a good way to learn on the fly and potentially make money. I suggest trying to scrounge up free online courses before paying for a bootcamp too; mit has some good ones I think, and most profs put their course website and content online for their classes to use. Also, any uni will let you sit and audit courses for free even if you're not a student if you ask (attend the lectures but you don't do the tests or get your homework graded)
Blake Sanchez
>tech executive >thinking face.png Start up? You're not exactly rich if you're living off ramen while cranking code 14 hours a day, famalam
I wonder if Zucc is really as absurd a person as he often looks. He doesn't look like he was cut out to be a public figure, but he is trying so hard to fulfill that role.
Brayden Morales
>I'd have to check on the historical data, but I know it goes back a long ways. I'll check it out. I might bump them over Zack's and scalp them first at only 35 bucks...
>The mysql server is just a decent i5 pc I inherited running as a linux server. Didn't cost a penny, just the electricity to run it. You should check your energy bill, the watts drawn by that set-up, and the pricing on EC2 micro instances... Amazon definitely negotiated a deal with their utilities companies. You might be able to run a server in NYC, closer to the NYSE with a faster internet connection than literally how much you're paying in your electric bill. I've done the math before for a start-up that I tried founding.
Julian Wright
he looks so fucked up
Gabriel White
Not the stereotypical no money startup scene, but I do work with some yeah. I've also been leadership at several big companies (not the tech big 5 though, they are fucking horrible to work at). This spring I made 70k for two months of work building an eng department for startup. Currently neeting it up for the summer trying to make it trading
Jaxon Turner
He 100% is. you see the same shit in Musk's public speaking. These are spergs, they don't do well with people
If you're already running your own servicer instance it's going to be faster and cheaper to buy a bargain basement bare cloud vm and use that instead of any aws option
Bentley White
Wait. Wtf. Which Radiohead song was it referencing? I didn't watch the music videos
I imagine that it was before his company really took off. So, sharing images on social media wasn't known to be as risky as it currently is, I'd bet that Google reverse image search wasn't as solid as it is now, and he was still either in or a couple years out of college
He's totally a fucking alien. I need to watch The Social Network. I bet he's borderline Asbergers
I really do believe he may have been on molly or ecstasy
>Not the stereotypical no money startup scene, but I do work with some yeah. I've also been leadership at several big companies (not the tech big 5 though, they are fucking horrible to work at). I was kind of baiting you a bit there. You didn't seem like the start-up type. I was ballparking some lesser known but fair enough company, like IBM or redhat, at a director to VP level >This spring I made 70k for two months of work building an eng department for startup. Very nice lol >Currently neeting it up for the summer trying to make it trading I really don't think a human could possibly beat the index for as long as Buffett has without at the very minimum a bachelor's in something like accounting and at least a few years experience, but I've noticed mathematicians can set up some pretty solid algorithms instead.
Josiah Rodriguez
I'm sure AWS isn't necessarily the cheapest option, I was just making a point that a home server isn't the deal that people think it is. AWS also has that "reserved" instances option that my company is pretty idiotic for possibly completely ignoring... What cloud services do you think are good deals though?
Kek. That's not real though
Ryder Hall
I bought 500 shares at $0.40. Yes, it was complete gambling. I'm never going to see that $200 ever again, am I?
Personally I find that I did way better as a hobby than full time, because work kept me from constantly starting at charts and getting emotional in moments. But if I don't pay at least some daily attention my performance tanks immediately.
Serious question: how do people get independent ideas and is ta really such a big deal? I've only ever gone on gut, fundamentals and cursory dd. Algos and quant just don't seem worth it to me at an individual/ retail level
Adam Brooks
You goys I have good news, I looked at HV and MACD for 5 minutes on trading view and SPY on robintrack and we are 100% golden bull this week. We're all going to make it
Digitalocean and azure are both substantially cheaper: roughly 50% and 40% respectively at the cheapest tier, plus they give you better hardware. And I'm counting aws storage space as free though even a tiny db instance would not fit within the free constraints for s3. But if you have trivial computational and storage needs (e.g. a cheap Android phone would be an adequate server) then aws free could do it for you. The others don't have a free offering. Aws market dominance comes from the integrated suite of products and the fact that Microsoft's marketing sucks fucking dick
Chase Wilson
I couldn't say. It doesn't look good, looks exactly like some stuff i've also lost money on. Just get out and move on is all I would do probably.
Hunter Young
There's a research paper that I really like where they trained SVMs for monthly price targets off FA and TA, the bulk of the results came from TA... but it was on a monthly timeframe
Gavin Miller
I'm trying to figure out if you're LCI poster and just don't want to tell everyone
This. It was priced in, and everybody already finished selling.
>Digitalocean and azure are both substantially cheaper: roughly 50% and 40% respectively at the cheapest tier, plus they give you better hardware. Noted. I've heard azure has more competitive pricing. I think AWS is relying more on vendor lock-in. >And I'm counting aws storage space as free though even a tiny db instance would not fit within the free constraints for s3. S3 isn't for databases. S3 only handles file storage. RDS is for databases. >But if you have trivial computational and storage needs (e.g. a cheap Android phone would be an adequate server) then aws free could do it for you. As long as you don't have "users", you could use a fucking potato, usually. Free is probably fine even up to 1000 users if it's just a static site -- actually for a static site, you're able to host off just an S3 bucket. No joke. >The others don't have a free offering. Aws market dominance comes from the integrated suite of products and the fact that Microsoft's marketing sucks fucking dick I hated that "I'll do anything to help compute a cure for cancer" commercial. Could you do anything more obvious for slapping me in the face with some fucking pathos?
Ryan Wright
I saw somebody do the math on where the discrepancy is on that somewhere. The cut changes to being not perfectly diagonal or they add a little length to it midway through.
if any of you have got a happy ending at a massage, this is pretty much how it is. Literally happend to me one time, even the calling at the beginning part. Friend knew of a place and it's basically exactly how it went.
How did you get into leadership with big tech? Do you have an MBA?
Started a job where I ended up herding a bunch of engineers as a project manager and I realized I enjoyed organizing and delegating much more than doing the engineering itself. Moving to a bigger company now, hoping to climb a bit of the ladder.
Henry Harris
Here. It's already up to .42, so you've already made a profit. I'll sell if it goes below .40 or above $1. This isn't a stock I'm interested in hodling long term, I'm just trying to ride the pump and then dump it.
Christian Powell
>I've heard azure has more competitive pricing. I think AWS is relying more on vendor lock-in. It does and it's a much better product, and yes on lock in >S3 isn't for databases. S3 only handles file storage. RDS is for databases. S3 is the storage backing for ec2 (cheap tiers don't have their own storage) and the initial context was running a personal mysql instance on a server. Rds is more expensive than managing your own instance for obvious reasons >Free is probably fine even up to 1000 users if it's just a static site Aws has a free cdn that'll do it, but it's only free for the first year
Noah Murphy
There was a similar puzzle from my middle school days (pic related). Turns out it's not a real hypotenuse.
I have bachelors in cs, business and philosophy but no higher ed degree. I started as a grunt engineer and displayed talent and drive. I asked (or more often, told) my bosses for assignments with more challenge. I'm also ruthlessly mercenary and was willing to leave when my progression wasn't fast enough, and was willing to move long distance for new job markets. The longest I've stayed at any one company is maybe 20 months, and the longest I went without a promotion was 10. Also did a stint consulting, which forces you to learn a breadth of skills. But after 7-10 years the hopping becomes an impediment rather than a win as companies don't like to hire leavers for important positions. PM is a good skillset for management. Can you do at least basic coding? It's important for earning respect of reports and being able to pitch in if shit goes sideways. Coin toss whether a company prefers making a techie manager or not Post this on /b/ for guaranteed thread limit
Camden Powell
Anyone else looking at Entercom (ticker ETM)? Quick rundown
>philly based company that owns and operates radio stations >formed a reverse morris trust by buying CBS radio >2nd largest owner of radio stations in America (behind iHeartRadio) >trades 9x forward earnings and 4.5% dividend >got fucked from last quarter because they had to write down some inventory due to problems with the content producer (US Traffic Network) >Leverage is moderate (4.4x EBITDA) and no foreseeable bankruptcy (unlike iHeart and Beasley) >Radio is still a valuable advertising medium (92% of Americans listen to radio weekly, 88% of millennials do as well) >Radio ad revenue is relatively stable >ETM is also is #2 for weekly podcast downloads (behind NPR), creating potential room for growth and additional capture of millennial market
Wow. Screencapped. Awesome advice, you wrote it for the other guy but I'm in tech too, thanks
Lincoln Allen
Are they likely to need to do more significant write offs? Also commune is low and they're just coming off a strong rally so I wager you're looking at buy and hold for at least a quarter or two, probably longer
Charles Ross
*volume It's definitely not the path for every person or market but I imagine most dedicated biz posters are as money grubbing careerist as I am
James Bailey
>It's definitely not the path for every person or market but I imagine most dedicated biz posters are as money grubbing careerist as I am I definitely am. I've honestly been considering applying to Apple since I imagine they're probably the least insufferable of FAANG stocks, but I'd honestly be fine kicking as at Amazon for a year or two for a nice lift in my career. Otherwise, stocks have really piqued my interest because I don't want to rely on people to get what I want out of life.
Jayden Thompson
Probably not. The write-off was basically the result of a PE firm fucking around with USTN's pricing but ending up getting too aggressive with it. The other factor in this, is that as part of USTN's restructuring, ETM is getting an equity stake in the company
Will the new stakeholder try For management changes? That's the only remaining concern I'd have. Seems pretty low risk to me, but also not a moon shot. I'd watch for a while and look for an entry point. Upside is here but it's a make a percentage then exit play. I'd be happy with 10%, but also be unwilling to hold longer than 6mos because I'm impatient
Jose Mitchell
I like stocks for the same reason. Big tech pays well and looks great on the resume but it's not for climbers other than the office politics types. I hear the best stuff for ambitious types around Amazon. Google, Twitter and fb are nightmares, do not touch. MS pretty stereotypical corporate boomerville
Nolan Murphy
>I like stocks for the same reason. Big tech pays well and looks great on the resume but it's not for climbers other than the office politics types. I think I've noticed a knack for the VP+ people to have an MBA. Not a fan. >I hear the best stuff for ambitious types around Amazon. Yeah, the articles weren't really scaring me. >Google, Twitter and fb are nightmares, do not touch. MS pretty stereotypical corporate boomerville Google has one of those "flat" hierarchies. The project managers are total fucking rockstars. I heard Microsoft is trying to change, but I have no faith in post-Bill Gates era. They've just been playing catch-up since Windows 7.
