My 2nd semester learning econ micro and macro. Took some a broker training course on my free time...

My 2nd semester learning econ micro and macro. Took some a broker training course on my free time. Came to the following conclusion:
Everyone on biz has no fucking idea of what they are talking about. Most of you guys are either paid shills, whales trying to manipulate prices using psychology, pajeets (probably more than 50%), or gambling idiots. Christ I can't believe I used to believe you guys were knowledgeable and educated.

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you're not wrong, but if you think college econ is teaching you the 'right ' information, you're as much a brainlet as everyone here

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>I took econ 101 and 102 so now i am a genius lol xd
Strong dunning-kruger. I have an MFE and an applied math PhD.

My 6th semester learning econ. Did a lot of reading in my free time. Came to the following conclusion:
Everyone teaching in uni has no fucking idea of what they are talking about. Most of you them are either paid shills, career educators trying to manipulate demand for their uselessness using lobbying for regulation and 'free' education, chinks (probably more than 50%), or genuine idiots. Christ I can't believe I used to believe those guys were knowledgeable and educated.

unironically this, take time to really digest this op

>it took me 2 semesters to figure out that biz is full of shit

brainlet detected

Great masta teach us

You took an online course that taught you everything, eh user? So you've made a fortune now, right? I'm sure it was taught by someone worth more than all of Jow Forums put together.

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If biz doesn't know what they are talking about then why did they tell me to buy eth when it was $7

Checkmate biz

>(((Econ classes)))
Kill yourself dumb goy.

Not a fortune but at least I'm making pretty consistent profits.

It's my first year of college you fucking NEET.

Yeah. But I also took some broker training. It only takes one month to become pretty good at predicting prices using candlestick graphs. It baffles me how most fucks in this board have thrown their life saving at something before even bothering to learn anything about investing.

Kek, imagine thinking I share any valuable information with Jow Forums. This place is for memes, shitposting, and making fags second guess themselves, with maybe 1% srs discussion. When I'm having a srs discussion I shitpost my own bread from a different device just so no one else can benefit. Stay poor, fag

anyone want some cool economics education okay coming right up

population = 1,000,000
total income (Y) = my income (M) + everyone else's combined income (E)
E = 0.999999Y (everyone's income but mine makes up 99.9999% of total income)
Y = M + 0.999999Y
consolidate
0.000001Y = M
multiply out
Y = 1000000M

so there you have it, mathematical proof that my income has a one million times multiplier effect on total income, so redistribute from others to me for optimal economic growth!

Econ major and MBA in finance here, Keynesian Econ is mostly trash

I am legit

>he thinks he can predict price movement
oh man... you aren't going to make it

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It is funny it took you half a year of 'micro and macro' to establish people here lie

Lol keep flipping burgers user you will never make it

No one can predict exact price movements. But you ca still come pretty close. Just like I warned everyone to tether up yesterday. Didn't sell the top but came pretty close and didn't get rekt.

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Was the MFE worth it. Did you get a quant trading/research job?

The only people who didn't sell when there were 3 different major indicators telling you to were permabull brainlets. I was hoping they would fomo and give a good short.

suck it up. the math says it's true, and just look at the empirical evidence.
oh that evidence? no, you haven't used the correct econometric weighted proxies there, that's why you didn't get evidence in line with the math
it's okay, we can't all be as smart as me.

You're an idiot, and you'll never make it thinking past price alone is sufficient to make good investment choices. Kill yourself.

Who the fuck said past price alone is sufficient to make good investment choices? But studying past prices help you absolute fucking bra inlet. Economists are basically psychologists who determine how people's behaviors and emotions will affect markets. What drives most people to panic sell of fomo? Emotions. Studying graph can help you predict how people will react. Of course you also need to research different factors from the market as well.

>1 month broker training
>trading using candle stick patterns

why am I responding to bait.

>Economists are basically psychologists who determine how people's behaviors and emotions will affect markets.

You are just adorable if you're even ironically putting economists on a pedestal for anything. Read a book that isn't your econ 101 textbook, retard.

Also, WHAT IS VOLUME, you fuckwit.

Studying graphs can tell you when whales are accumulating, when investors are taking profits, when the market is bearish or bullish, whether growth is organic or manipulated. Graphs could tell you a lot if you actually bother to take the time to actually learn anything instead of "hodling" and hoping and dreaming that your shit coin will one day make you a billionaire.

I said its a useful tool to know. I didn't say it's the only thing you need to know.

>Economists are basically psychologists
>

This is the most liberal interpretation of "economists study the effect of hypothetical scenarios on the allocation of scarce resources" i've ever seen

>past prices don't affect pricing
Support and resistance are 100% a thing. Want definitive proof? Go look at gold pricing in the late 90's early 2000's

Also who the fuck doesn't pay attention to volume? Even fucking pajeets look at volume to see what shit coin to invest in.

>consistent profits
McDonalds paying you every 2 weeks, nice.

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>t. another undergrad retard who thinks he's hot shit after taking two semesters of micro and macro

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