War Room Lounge v54: I was there for Kimura-Gracie, solid crowd

[BarryDillon]

 

[Prokofievian]

Oh, no I haven't. I never have really gotten into reading any fitness coaches works. I think I always get hung up on the capitalistic aspect of "they're trying to sell a product, so it probably sucks and just says whatever they think will net sales." I will on occasion read on various scientific studies of the volume/weight debate and other topics. Brad Schoenfeld and Alan Aragon are too much "bro" personality wise, but I like their work and mostly their pushback on any fad diet or workout.

Any lifting plan I have is just the generals of stuff picked up there shoved together with the overlying principle of steadily increasing weight a la Rippetoe's starting strength. (which I also never read. Just the do compound lifts. Lift more weight each week. Get stronger basic takeaway)

You must have just quoted me to get my attention, because what you quoted to what you responded with were so far apart on topic it through me for a loop

Yes. I did Sheiko's beginner program and had really good results, but I wasn't sure how to proceed and I kinda fell off the wagon. Essentially, if there's a program or concept to bridge the beginner to his intermediate programs (because going from progressing once per week to once every 4 weeks seems stupid) I would totes by the book.

 

[Sketch]

huh.
I never peaked into the stock market thread before, so I took a look at a few pages. Its seriously just 2-3 people consisting 99% of the posts.

Because those guys appear to know what they are doing, and have the money to play with.

To be fair, I find most people have no idea what stocks to buy or how to invest, let alone have enough money to day trade with.

I'm just starting to invest myself and reading a lot of material on the subject. There is endless amounts of knowledge to digest it's pretty daunting.

 

[Rational Poster]

Not even their own supporters--themselves personally, mostly. The response to losing arguments is to attack the credibility of anyone who isn't part of the movement and willing to bow to it, and they have an audience that buys that so there's no need to actually do anything for them.

I don't think I'd even consider the majority of their voters actually their supporters.

I mean to imply the defense contractors, pharmaceutical companies, and agriculture conglomerates, etc.

 

[Higus]

Because those guys appear to know what they are doing, and have the money to play with.

To be fair, I find most people have no idea what stocks to buy or how to invest, let alone have enough money to day trade with.

I'm just starting to invest myself and reading a lot of material on the subject. There is endless amounts of knowledge to digest it's pretty daunting.

I don't know enough about it to even guess if they know what they're doing, but that's beside the point. It's a +40 page thread of 2 dudes talking to no one in particular. Nothing wrong with that, just unusual by the forum's standards.

 

[Prokofievian]

Because those guys appear to know what they are doing, and have the money to play with.

To be fair, I find most people have no idea what stocks to buy or how to invest, let alone have enough money to day trade with.

I'm just starting to invest myself and reading a lot of material on the subject. There is endless amounts of knowledge to digest it's pretty daunting.

There was one guy whose youtube channel I was watching. He decided to go whole hog into day trading, and had the most ridiculously complicated algorithm that, on paper, sounded amazing. He lost his roll within a week. I found that quite funny.

In the last year or so it's been quite good to pay off debt. 2018 was dead flat on average, but with enough variance to have caused a big loss depending on buying-selling times.

 

[Jack V Savage]

I don't know enough about it to even guess if they know what they're doing, but that's beside the point. It's a +40 page thread of 2 dudes talking to no one in particular. Nothing wrong with that, just unusual by the forum's standards.

They do not know what they're doing.

 

[Sketch]

They do not know that they're doing.

Do you day trade?

 

[Sycho Sid]

They do not know that they're doing.

I do not know what they know, but I do know that the TS seemingly knows nothing about anything else, so my confidence in him is quite low

 

[Sketch]

There was one guy whose youtube channel I was watching. He decided to go whole hog into day trading, and had the most ridiculously complicated algorithm that, on paper, sounded amazing. He lost his roll within a week. I found that quite funny.

In the last year or so it's been quite good to pay off debt. 2018 was dead flat on average, but with enough variance to have caused a big loss depending on buying-selling times.

Fortunately, I do not have any debt and neither does this wifey.

Day trading is complicated. I have decided to understand and learn about ETF's, Stocks and dividends for the time being.

 

[Sketch]

I do not know what they know, but I do know that the TS seemingly knows nothing about anything else, so my confidence in him is quite low

Not everybody can be the Master of the World and the Universe like you, Sid. Have some patience with the rest of us.

 

[Trotsky]

I don't know enough about it to even guess if they know what they're doing, but that's beside the point. It's a +40 page thread of 2 dudes talking to no one in particular. Nothing wrong with that, just unusual by the forum's standards.

lol I never clicked on the thread, so I didn't realize it's like 80% posts by JonesBones. I assume he has some acquired knowledge, for sure, but he also seems to think of it more like trading cards than investments.

 

[Prokofievian]

Fortunately, I do not have any debt and neither does this wifey.

Day trading is complicated. I have decided to understand ETF's, the Index and Growth stocks with dividends for the time being.

It's my edge-lord opinion that day trading is basically the way to build a big roll when you're still young, even though there's about a 90% chance or better that you'll lose everything. Average people just don't have enough capital for a respectable return to make that much of a difference. Let's say you have 10 grand and you really nail a call on a stock and you make a 50% return...is your life any different now? No. If you do that a few thousand times it would be, though. You have to get the volume somehow.

 

[Rational Poster]

They do not know that they're doing.

 

[BarryDillon]

They do not know that they're doing.

 

[BarryDillon]

You have to get the volume somehow.

Cocaine?

 

[Jack V Savage]

I do not know what they know, but I do know that the TS seemingly knows nothing about anything else, so my confidence in him is quite low

Good thinking. Especially when you consider the difficulty involved in what he's trying to do.

lol I never clicked on the thread, so I didn't realize it's like 80% posts by JonesBones. I assume he has some acquired knowledge, for sure, but he also seems to think of it more like trading cards than investments.

I'd disagree that he has any knowledge of anything but investing jargon.

 

[Sketch]

It's my edge-lord opinion that day trading is basically the way to build a big roll when you're still young, even though there's about a 90% chance or better that you'll lose everything. Average people just don't have enough capital for a respectable return to make that much of a difference. Let's say you have 10 grand and you really nail a call on a stock and you make a 50% return...is your life any different now? No. If you do that a few thousand times it would be, though. You have to get the volume somehow.

I've always thought day trading was a rich mans game. Like you said, it's too easy to lose it all. And going from 10K to 15K isn't worth the risk. Young people and those starting off should invest long term for growth in my opinion. It's the rich guys who can throw down 100k+on a stock, wait an hour, profit another 20k off it rising and keep snowballing from there.

 

[Trotsky]

I'd disagree that he has any knowledge of anything but investing jargon.

You may be right, but I tend to assume that interest and effort go a long way. I'd be surprised if he didn't pick up something in the apparent hundreds or thousands of hours he's spent thinking about the topic.

 

[Limbo Pete]

Well don't just stand there. Put on your sleuth hat and find that exchange

Hmmmm
Lemme see what I can dig up
Think a lot of that stuff ended up getting deleted for one reason or another, though