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

When did you start watching MMA?


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I don't know this means. Can't you just observe stock prices for industries/companies by political cycle and, if price rises and falls at the points you designated, then you were right?
That's actually a statistics problem, and the sample size required to claim high confidence in a winning strategy is higher than intuition would suggest.

I was just saying that lots of really smart people are drawn to trading and they have already thought of just about everything.
 
That's all day trading is. Looking at premarket volumes, floats, news, and trying to ride bull/bear flags. Long term is way safer and actually makes investment sense. But for us little guys it's basically saving for retirement.

We sound poor.
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That's actually a statistics problem, and the sample size required to claim high confidence in a winning strategy is higher than intuition would suggest.

I was just saying that lots of really smart people are drawn to trading and they have already thought of just about everything.

Well now I'm going to do it and PM you the results. Maybe buy the Lounge some "Fawlty puts pubes in his tuna salad" tee shirts with the proceeds.
 
Incidentally that's not unlike his previous approaches to philosophy and psychology. I've sure you've all seen the bolded Nietzsche quotes with no sign of context or understanding.

Yeah, his comments there are often cringeworthy.
 
Well now I'm going to do it and PM you the results. Maybe buy the Lounge some "Fawlty puts pubes in his tuna salad" tee shirts with the proceeds.

It's a bad idea, Trots. There probably isn't a person alive who can reasonably expect above-market returns from daytrading (or any simple strategy).
 
To move up the earnings ladder, you need a recursion: something you own gives you something that begets more something. Think about a business: I own a business, it pays me profit that I can use to invest in another business. If this happens a few times, congratulations you're in the rolex daydate wearing persian nightclub owner tier. Or you own a property, which pays you a profit from rental income, which you can use to get another property *snort* and so on and so on.
 


To move up the earnings ladder, you need a recursion: something you own gives you something that begets more something. Think about a business: I own a business, it pays me profit that I can use to invest in another business. If this happens a few times, congratulations you're in the rolex daydate wearing persian nightclub owner tier. Or you own a property, which pays you a profit from rental income, which you can use to get another property *snort* and so on and so on.

Wait, what are you snorting to get more property? Figured that relationship would correlate in the negative.
 
Oh for sure. And all that stuff got deleted with the original conversation. It's still pretty funny to see him pretending some Vietnamese model is his ex GF though.
Found her...

KasumiFromDeadOrAliveBodyPillow.jpg
 
Forex is another form of day trading that seems quite complex. To my understanding it is day trading but instead of stocks it's about currency manipulation.
 
Fawlty said:
Oh, I wouldn't want to run down your momentum. You're on fire here. May youth continue to be on your side. I'm sure that any poster here would do well to think twice before accepting an IRL fight challenge of the man who is dating that young lady, out of sheer gentlemanly respect of course.


 
Yo. Don't. My post earlier in the thread got deleted and I was told to be careful with pedi accusations

Was jokey enough to not get me some yellows, but I'm done on the topic now as this line is thin
Yeah but you give a terrible pedicure
 
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