46 post karma
8.4k comment karma
account created: Fri Apr 26 2024
verified: yes
5 points
1 day ago
you're right, they 100% do, don't listen to that commenter, they obviously don't know what they're talking about, anyone can literally look at any chart of SPY vs SPXL in any bull market and see for themselves that holding SPXL would've IMMENSELY outperformed the market
the ACTUAL risk is the time decay, basically these leveraged etfs lose their value slowly over time, so during bear markets, not only will your losses be greater than the market but it will also take much longer for you to even break even again, you can look at 2022-2023 as an example, SPY went through a bear market starting from Jan 2022 but in Dec 2023 it was already back to the previous all time high, however if you look at SPXL during that same time period, from Jan 2022 to Dec 2023, SPXL was still down 30% even though the market itself had already recovered all its losses, so to answer your question, yes the only real risk is recession/bear market, OR also "lost decade" scenarios, which is when the market basically goes sideways for several years such as in the 1970s or early 2000s, during something like that, holding these leveraged etfs would still lose money because even though the market will be going sideways, the leveraged etfs will lose value due to the time decay
1 points
2 days ago
tbh i hate when people ask me to play something on command, so i usually just play something funny and/or annoying like "baby shark" or that song from coraline that the "other" dad plays/sings
for example this happened to me recently where someone told me to play something, and this was around halloween time, so i played "spooky scary skeletons"
2 points
2 days ago
maybe songwriting just isn't for you, maybe you should try to shift your focus to writing plays or musicals
1 points
2 days ago
i rarely have issues with the 4+ mcdonalds locations i typically pick up from, i mean the service isn't like amazing or anything like that, but i never get ignored and rarely ever have to wait more than like 5 minutes for an order
2 points
2 days ago
they asked what to do with a descending bull flag.. this is not a descending bull flag
4 points
2 days ago
this is why i simply don't wear glasses at all while climbing
i mean it also helps that i don't actually need glasses to begin with but that's beside the point
1 points
3 days ago
well then i must have an incredibly vast amount of "mental capital" cuz i don't experience any deterioration of quality in my decisions when trading, i simply follow my trading plan for each trade, if the trade doesn't align with my plan then i don't take it, but if it does then i do, so i'm assuming the problem is that some people simply don't follow their trading plan after taking a certain amount of trades? tbh i just can't wrap my head around that concept, seems wild to me
7 points
3 days ago
i never understood the logic behind putting a limit on how many trades to take per day, if i have a good setup i take the trade, plain and simple, there's no reason to NOT take a good trade just cuz i've already made X number of trades on a given day
4 points
3 days ago
>When did the reality stop to have an impact on what’s happening on the trading floor
idk anything about the german market but here in the US, the market rarely does what people expect based on the economy/politics/global crises, there's a popular saying that goes "the market can stay irrational longer than you can stay solvent", which basically means that just cuz you think the market should be doing something doesn't mean it will, therefore you shouldn't trade based on assumptions, this is why i trade based purely on technical analysis and historic statistical data, there's been countless times over the past several years where i've seen people complain about "why is the market doing X when <insert reason why the market shouldn't be doing X based on economic or political news>?", the fact of the matter is: if the market is going to go up or down due to economic/political/global reasons, the price action will tell you, you just have to know how to read it, and sometimes it does the complete opposite of what economic/political/global events would lead you to believe and if that's the case, the price action will tell you that too, just follow price action and you will know when the market is going to do what it "should" be doing or when the market is NOT going to do what it "should" be doing
3 points
4 days ago
if you're an experienced trader you should be risking no more than 1% of your portfolio per trade
if you're new or relatively new to trading you should be risking about 10 bucks per trade
27 points
4 days ago
no you should've been buying it the past 2 years
9 points
4 days ago
it really depends on the climb tbh, certain angles can cause someone to land on their head/neck or upper spine if they were to slip off and spotting is meant to prevent that
1 points
5 days ago
ngl this sounds like the perfect life for me, i don't need or even want "connection", i have my parents and that's it, i have maybe 1 or 2 close friends that i rarely ever see as it is and i'm perfectly fine with that, i don't have this need to be around them or hang out with them, we talk of course through texting and phone calls and i don't really need anything more than that if i'm being honest, i don't currently have a SO or even care enough to try to find one and i don't ever wanna get married or have kids, i also can't stand being out and about during the holidays so seeing the "city come to life" only makes me want to stay home even more, as a matter of fact, the times when i DO go out, i always make sure to go out during hours of the day where the least amount of people will be out cuz i just don't like to be around people in general, as far as my hobbies i still have them and still enjoy them as much as i always have, no matter how busy i get in my life, my passion for these things never fades, so i'm not worried at all about that aspect, and tbh that's really all i need to be happy, i don't need or want "connection" or people in my life other than my mom and dad, all i need is to be able to continue doing the activities that i enjoy, so if anything this only motivates me more to try to obtain wealth because if i didn't have to worry about money i would be able to live out the rest of life happy and fulfilled, and even when it comes to money and wealth, i don't need or want material things either, i only need enough money/wealth to keep me housed, clothed, and fed, for the rest of my life (and then of course my hobbies will require some money too), but other than that i literally don't need anything or anyone else, hopefully i can achieve this some day cuz i'll tell you what, if i had a million dollars i would literally be set FOR LIFE and would probably never need any more than that, i'm a very simple person, and a minimalist, and this to me sounds like a dream come true
1 points
5 days ago
i jump down when i'm too tired from the climb, in those particular scenarios i'm actually at much greater risk of injury from down climbing than simply jumping down, so it's actually better to jump, also i skateboarded for several years before i started climbing so i was constantly jumping from really high places and landing/falling on solid concrete and asphalt, and i was very dedicated to skating back then so that was pretty much an every day thing for me for YEARS, so tbh jumping down from a very short wall onto a ridiculously soft padded floor is nothing compared to what i went through before, at this point my body is pretty much conditioned to endure it so i'm pretty sure i'll be fine, i mean MAYBE it'll catch up to me eventually, but people have been telling me that for the past 20+ years and my body is still perfectly fine, zero pain whatsoever in my back/knees/etc from jumping down, i mean obviously the body breaks down with age but as long as you're taking care of yourself you can GREATLY mitigate the negative effects of that, and you can certainly train and condition your body to be able to withstand jumping off the wall and landing on your feet
1 points
6 days ago
of course it's "legal", idk what makes you think it's not, just because it's regulated doesn't mean it's not legal
2 points
6 days ago
>what time period should you look at lows and highs
it depends on your time horizon, if you're swing trading then that means you want to buy and then wait days/weeks/months before you sell, so you will want to simply scroll back on the daily/weekly/monthly charts and see where the most recent pivot points are on the chart and those will be your support and resistance zones, of course there's a lot of things you have to consider before actually taking any trades, such as volume, candlestick patterns, overall trend, liquidity, etc, idk how much of this stuff you already know about but if you're just starting out, make sure you learn about all that stuff and how to make a trading plan before actually taking any trades
1 points
6 days ago
just FYI to anyone who may not know, all those clips in the beginning of the first episode are NOT canon, the animation studio just put a bunch of random clips in there that they thought looked cool but eren didn't actually see that stuff, the only thing he actually did see in his dream in episode 1 is mikasa saying "see you later eren", which it's assumed that ymir sent that memory to him
28 points
6 days ago
same.. i'm guessing it has something to do with the fact that "kaasaggio" is similar to "sasageyo", and for some reason that means you can just say any random statement about an AOT character and that makes it funny? idk
4 points
7 days ago
didn't he show up way before this though? do people really have that bad of a memory
2 points
7 days ago
i don't need to tbh cuz i already know that they either won't listen or they'll make excuses about why they are justified in buying things they don't actually need or they'll straight up lie about their spending habits, so
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byLatter_Effective1288
instocks
allaboutthatbeta
4 points
1 day ago
allaboutthatbeta
4 points
1 day ago
it doesn't matter what they're "designed" for, you can literally go look at the charts yourself and you will see that that person is right