**OFFICIAL** Trading and Investing Thread- Part -IX-

[Slamt]

we are going higher

[stevesteve12]

AMD Weeklies hit .40 this morning from .09

lol why do you gloat over a 300% draw-up?

the puts expired worthless, nada, zelch

AMD is 1% lower than where u issued you bear call, with your position = 0$

congrats u turn X dollars into zero dollars, round of applause please
you are the greatest trader ever!

[Slamt]

lol why do you gloat over a 300% draw-up?

the puts expired worthless, nada, zelch

AMD is 1% lower than where u issued you bear call, with your position = 0$

congrats u turn X dollars into zero dollars, round of applause please
you are the greatest trader ever!

are you mentally handicapped? you don't have to hold options till expiration. no wonder u stay losing



worth 0

lmao



check that timestamp, oh wait i sold my puts near bottom, and then turned AMD puts into NVDA calls, and sold those for 50% lol!!

[stevesteve12]

are you mentally handicapped? you don't have to hold options till expiration. no wonder u stay losing



worth 0

lmao



check that timestamp, oh wait i sold my puts near bottom, and then turned AMD puts into NVDA calls, and sold those for 50% lol!!

aight. a decent trade is a decent trade

looks like you are playing with a 10k account

[Smoothies]

wtf is up with spy this past week

[blinkers88]

aight. a decent trade is a decent trade

looks like you are playing with a 10k account

lol after all that. "aight"

[Brazzah]

Finance/IB/Operations/Trading internships in Canada are such a pain in the ass to get.

The ONLY thing they care about is your fukin school name and GPA lol. You see dumbass bimbos with no relevant experience getting in because daddy is a senior partner or they stalked HR managers on linkedin.

Got solid work experience, genuine interest in trading, entrepreneurship experience, tons of extra curriculars, recommendation letters ? Nah, not even a phone interview for you.

No McGill/UofT on your application ? No call backs. Even my own bank is blowing me off because their only target school is McGill lmao (The only kids who get in the capital markets division are from top schools).

Sent probably 60 applications since october, nothing yet. I know the banks just started reviewing candidate applications so i might still have some hope to get legitimate experience rather than flipping fukin burgers this summer.

[Slamt]

Just put in an inside-day inside of yesterday's inside day candle. Means it's coiled up here. I can see 140 once it leaves.

It had the same inside-inside-day action from earnings day. Put in those two, then ripped 6 straight points up.

XLK finished at new high all time highs today. I think tech goes higher and market rips more.

[White-Belt]

lol after all that. "aight"

Aight

[Brosiah]

we are going higher

[RobParks2M]

aight. a decent trade is a decent trade

looks like you are playing with a 10k account

Gets murdered "Aight"

It's hard to hate on someone making money, but I guess you can if their account looks like it is only 10k LOL. Show us how much you made this year? Or are you proud you couldn't make as much on such a yuge account?

[Nara62629]

hey guys, just learning up about this stuff. not sure i'm ready to jump into the options stuff.

all of my money is in 401k and IRA, but started moving some moneys into an individual acct. and also signed up on robinhood.

anyone got any thoughts long term on Ford and Nokia?

[WhAtNoWbChSs]

Anyone know what the divy cut off is?

If I buy a stock now that pays the next divy in early March will I get it?

[RobParks2M]

hey guys, just learning up about this stuff. not sure i'm ready to jump into the options stuff.

all of my money is in 401k and IRA, but started moving some moneys into an individual acct. and also signed up on robinhood.

anyone got any thoughts long term on Ford and Nokia?

Ford is a decent hold with nearly a 5% dividend, great vehicle line up top to bottom, and plenty of room for growth in Trump's 'Murica. Unfortunately the only high growth companies these days carry greater debt than assets. Ford could easily be Tesla if they got rid of all their assets and promised they would again have similar assets in the future

[WhAtNoWbChSs]

Ford is a decent hold with nearly a 5% dividend, great vehicle line up top to bottom, and plenty of room for growth in Trump's 'Murica. Unfortunately the only high growth companies these days carry greater debt than assets. Ford could easily be Tesla if they got rid of all their assets and promised they would again have similar assets in the future

Yes ford looks solid enough. What do you think about centurylink?

[benyu]

guys, thoughts on monero being the next big thing in anonymous kryptocurrency?

[RobParks2M]

guys, thoughts on monero being the next big thing in anonymous kryptocurrency?

For the moment, cryptos don't have any role in the market. Trading on a currency is pure speculation when it fills no role or void in its market. Think about it this way, if there were no cryptos how would the world be different?

[Slamt]

For the moment, cryptos don't have any role in the market. Trading on a currency is pure speculation when it fills no role or void in its market. Think about it this way, if there were no cryptos how would the world be different?

damn btc back over 1k

a lot of chinese people buy bitcoins as a way to launder money srs

[RobParks2M]

damn btc back over 1k

a lot of chinese people buy bitcoins as a way to launder money srs

Till their government strings them up for moving their money out of the country. We both know it is only a matter of time. I think gold transactions are easier to hide than moving money from your bank to a website that can convert yuan to BTC. But perhaps I am ignorant of how easy it is to hide such a transaction...

speculation usually doesn't turn out well is all I am saying. Eventually those with a legitimate reason to buy will have a good reason to sell too eventually. Like anything else time it right and you can do well for yourself.

[Brazzah]

Till their government strings them up for moving their money out of the country. We both know it is only a matter of time. I think gold transactions are easier to hide than moving money from your bank to a website that can convert yuan to BTC. But perhaps I am ignorant of how easy it is to hide such a transaction...

speculation usually doesn't turn out well is all I am saying. Eventually those with a legitimate reason to buy will have a good reason to sell too eventually. Like anything else time it right and you can do well for yourself.

Laundering money is easy as hell for those with a lot of capital. The chinese billionaires/millionaires who profited from that slave labor in the last decade's bull run just send the money to their kids in Canada, and they buy real estate in Vancouver/Toronto/Quebec's real-estate development areas. Due to all the lax regulations there concerning real-estate, all that undeclared dirty money becomes clean and sits there until the person sells the house and deposits the profits in a canadian bank account, far away from China's jurisdiction. From there they can make a wire transfer to anywhere like the caribbean and get away with no legal troubles, since the 50k wire limit only applies to inbound/outbound transfers to and from China.

It's either that or they buy gold, move the stuff to Macau (which is close as hell to China and is a hub for all the elites of the region that want to make their money disappear) and stash their money in off-shore accounts. If it's easy for the upper class of North Korea to go there and hide billions of dollars worth of stolen public funds, imagine how easy it is for chinese billionaires/millionaires with much less visa restrictions.

You don't need cryptocurrencies for that, and i doubt they will become bigger than they are today, especially with the governments keeping a close eye on them and ready to legislate new laws against them at any given time.

[VSVP99]

Finance/IB/Operations/Trading internships in Canada are such a pain in the ass to get.

The ONLY thing they care about is your fukin school name and GPA lol. You see dumbass bimbos with no relevant experience getting in because daddy is a senior partner or they stalked HR managers on linkedin.

Got solid work experience, genuine interest in trading, entrepreneurship experience, tons of extra curriculars, recommendation letters ? Nah, not even a phone interview for you.

No McGill/UofT on your application ? No call backs. Even my own bank is blowing me off because their only target school is McGill lmao (The only kids who get in the capital markets division are from top schools).

Sent probably 60 applications since october, nothing yet. I know the banks just started reviewing candidate applications so i might still have some hope to get legitimate experience rather than flipping fukin burgers this summer.

At least get a teller job so you can cruise the internal job boards/make a few contacts. A lot of TD banks combine their retail and private banking at the same branch. That'd be ideal so you can chat with that side casually in a work setting.

Linkedin/networking are a necessity in the professional world. Better to start early on those.

[ctownballer04]

hai guys, my back is peeling, wat do.

On my flight back to NY, I had an intredasting convo w/ a girl that graduated from Stanford w/ the two snap cofounders. She is a writer
and apparently they went no contact on her when she declined to write about their app way back when it was called picaboo and know one knew what it was.

Anyone know what the divy cut off is?

If I buy a stock now that pays the next divy in early March will I get it?

You have to buy before ex-dividend date. You do know the stock price will drop by the amount of the dividend on the ex-dividend date though right?

[ctownballer04]

Finance/IB/Operations/Trading internships in Canada are such a pain in the ass to get.

The ONLY thing they care about is your fukin school name and GPA lol. You see dumbass bimbos with no relevant experience getting in because daddy is a senior partner or they stalked HR managers on linkedin.

Got solid work experience, genuine interest in trading, entrepreneurship experience, tons of extra curriculars, recommendation letters ? Nah, not even a phone interview for you.

No McGill/UofT on your application ? No call backs. Even my own bank is blowing me off because their only target school is McGill lmao (The only kids who get in the capital markets division are from top schools).

Sent probably 60 applications since october, nothing yet. I know the banks just started reviewing candidate applications so i might still have some hope to get legitimate experience rather than flipping fukin burgers this summer.

Quit yo bishin son. If I can go drop out of high school to play a video game professionally and still make it to Wall St, any young person can pull it off if they're scrappy enough. Took me 3 years of hundreds of rejections to even get an interview at a BB bank, and I only got that because I won their biannual stock valuation challenge. I spent literally hundreds of hours, probably like a 500 to 1000 hours doing applications over a 3 year period (basically a month straight every year when summer analyst recruiting came around). One year I applied at like 60 banks for a total of like 200 jobs, sent cold e-mails and physical letters to all of these shops. Heard back from one person and didn't even get an interview lol. I did something similar the other two years, but not quite to this degree. I do agree w/ you though. It's a fuked up game. All about pedigree, and anyone going to Harvard is going to have a cakewalk to Goldman relative to the rest of us. Just gotta grind harder and separate yourself. Make sure you are a more sound candidate when you finally get that chance.

You don't even want to know the number of x-ray searches I've done on LinkedIn (tfw no premium) and the number cold e-mails I've sent. I got interviews at Goldman and JPM by a pure cold e-mail. With that said, that's very unusual, but if you find the right person, AND you are actually qualified for the job, it can work wonders. Now if you're totally unqualified, there's no hope in that. Send them e-mails, keep them short, always attach your resume, and if you catch a nice person at a good time they'll possibly forward to HR (I've had at least 20 random people I've never met forward resume to HR from cold e-mail). HR/Recruiters receiving your resume via an employee forwarding it to them increases your odds of getting an interview easily 10 fold. I have never got an interview at any name brand firm from applying online without cold e-mailing someone on the team. I have gotten interviews for random start-ups and other smaller shops just by applying online, but you aren't going to get the GS/MS/JPM type names just picking people from online applications for IB spots or any capital markets type job. The reality is they have WAY more candidates than spots to fill.

[VSVP99]

The Economist makes the case for a copper bull run:

http://www.economist.com/news/financ...m-bullish-case (open in incognito if it blocks you)

[Brazzah]

Quit yo bishin son. If I can go drop out of high school to play a video game professionally and still make it to Wall St, any young person can pull it off if they're scrappy enough. Took me 3 years of hundreds of rejections to even get an interview at a BB bank, and I only got that because I won their biannual stock valuation challenge. I spent literally hundreds of hours, probably like a 500 to 1000 hours doing applications over a 3 year period (basically a month straight every year when summer analyst recruiting came around). One year I applied at like 60 banks for a total of like 200 jobs, sent cold e-mails and physical letters to all of these shops. Heard back from one person and didn't even get an interview lol. I did something similar the other two years, but not quite to this degree. I do agree w/ you though. It's a fuked up game. All about pedigree, and anyone going to Harvard is going to have a cakewalk to Goldman relative to the rest of us. Just gotta grind harder and separate yourself. Make sure you are a more sound candidate when you finally get that chance.

You don't even want to know the number of x-ray searches I've done on LinkedIn (tfw no premium) and the number cold e-mails I've sent. I got interviews at Goldman and JPM by a pure cold e-mail. With that said, that's very unusual, but if you find the right person, AND you are actually qualified for the job, it can work wonders. Now if you're totally unqualified, there's no hope in that. Send them e-mails, keep them short, always attach your resume, and if you catch a nice person at a good time they'll possibly forward to HR (I've had at least 20 random people I've never met forward resume to HR from cold e-mail). HR/Recruiters receiving your resume via an employee forwarding it to them increases your odds of getting an interview easily 10 fold. I have never got an interview at any name brand firm from applying online without cold e-mailing someone on the team. I have gotten interviews for random start-ups and other smaller shops just by applying online, but you aren't going to get the GS/MS/JPM type names just picking people from online applications for IB spots or any capital markets type job. The reality is they have WAY more candidates than spots to fill.

Lmao just venting out bro, ain't giving up that's for fukin sure. In Canada the market is even smaller than in the US so once you run through the big 5 banks, you'll pretty much toasted unless you apply to foreign positions.

TD: Only way to get through the door is either be a bimbo with that pussy pass or have killer networking skills, started cold emailing people there now instead of hoping for a call back lol.

RBC: If you're not asian forget it, their capital markets division seems to have a hard on for asians and 90% of their gigs require mandarin now lol, i guess that's because of all the chinese rich fuks laundering money in Canada.

BMO Capital Markets: They only recruit at McGill and UofT, they discriminate a lot because it's basically a boutique investment bank by all standards and they only have 9-10 spots to fill for over 6-7k applicants. Your employee referral doesn't do chit because internal promoting doesn't enter in their company culture: They promote tellers to FSR positions and let them rot there so they can be 9-5 slaves making 40k/year for 20 years, and that's assuming you're in the top 20% of sales in the district. All the recruitment for the good stuff like Wealth Management/Asset Management/IB/Sales & Trading/Operations is done externally, so you need to network as early as july because most of these gigs are filled around december. My branch is filled with losers being happy with their 50k/year salaries and 40h/weeks, they know nobody at the head office nor the HR asking them to recommend you is meaningless. I know a branch manager downtown who hangs out with the disctrict VP's weekly and gets involved a lot in the head office, will try to target her instead because her reach is much bigger (Worked for her twice as a replacement at her branch lmao and she kinda likes me).

Scotiabank: 100% networking, nothing else matters there, you see fukin morons getting in with terrible stats and top students getting rejected daily there. I know an IB analyst from there due to a class we had together and out of nowhere the guy just invited me to his office to present me to his director, i'll go this week and see what happens, bypassed the whole process just because i knew someone on the inside. Not expecting an offer but never too late to start networking early for the next round of selections.

HSBC: My application has been under review for a while, looking for some people on the HR team that i can message before they choose to toss me aside for some other kunt who did a trip to africa to feed refugees or some chit. I think it's a good sign because if they reject you, they do so very quickly and don't leave you hanging for a month.

Will just change my tactics and be more aggressive from now on.

[VSVP99]

Been Bullish all year on GOLD, but seeing a bullish set-up on USD/JPY where it would slam gold back down.

Interdasting inverse correlation here as you're saying between USD/JPY and gold :



https://www.bloomberg.com/news/artic...eory-yet-again

[RobParks2M]

Quit yo bishin son. If I can go drop out of high school to play a video game professionally and still make it to Wall St, any young person can pull it off if they're scrappy enough. Took me 3 years

You dun goof'd brah. Streamers playing videogames can clear 7 figures annually. There is a goofy ass league of legends player named Imaqtpie (has strong negative correlation between his name and IRL looks) that has been clearing 2 million a year annually and he might be in the top 10 for just league of legends streamers in terms of popularity.

[ctownballer04]

You dun goof'd brah. Streamers playing videogames can clear 7 figures annually. There is a goofy ass league of legends player named Imaqtpie (has strong negative correlation between his name and IRL looks) that has been clearing 2 million a year annually and he might be in the top 10 for just league of legends streamers in terms of popularity.

Yeah, I didn't play that chit game lol.. Was part of the halo master race crew.

Lmao just venting out bro, ain't giving up that's for fukin sure. In Canada the market is even smaller than in the US so once you run through the big 5 banks, you'll pretty much toasted unless you apply to foreign positions.

TD: Only way to get through the door is either be a bimbo with that pussy pass or have killer networking skills, started cold emailing people there now instead of hoping for a call back lol.

RBC: If you're not asian forget it, their capital markets division seems to have a hard on for asians and 90% of their gigs require mandarin now lol, i guess that's because of all the chinese rich fuks laundering money in Canada.

BMO Capital Markets: They only recruit at McGill and UofT, they discriminate a lot because it's basically a boutique investment bank by all standards and they only have 9-10 spots to fill for over 6-7k applicants. Your employee referral doesn't do chit because internal promoting doesn't enter in their company culture: They promote tellers to FSR positions and let them rot there so they can be 9-5 slaves making 40k/year for 20 years, and that's assuming you're in the top 20% of sales in the district. All the recruitment for the good stuff like Wealth Management/Asset Management/IB/Sales & Trading/Operations is done externally, so you need to network as early as july because most of these gigs are filled around december. My branch is filled with losers being happy with their 50k/year salaries and 40h/weeks, they know nobody at the head office nor the HR asking them to recommend you is meaningless. I know a branch manager downtown who hangs out with the disctrict VP's weekly and gets involved a lot in the head office, will try to target her instead because her reach is much bigger (Worked for her twice as a replacement at her branch lmao and she kinda likes me).

Scotiabank: 100% networking, nothing else matters there, you see fukin morons getting in with terrible stats and top students getting rejected daily there. I know an IB analyst from there due to a class we had together and out of nowhere the guy just invited me to his office to present me to his director, i'll go this week and see what happens, bypassed the whole process just because i knew someone on the inside. Not expecting an offer but never too late to start networking early for the next round of selections.

HSBC: My application has been under review for a while, looking for some people on the HR team that i can message before they choose to toss me aside for some other kunt who did a trip to africa to feed refugees or some chit. I think it's a good sign because if they reject you, they do so very quickly and don't leave you hanging for a month.

Will just change my tactics and be more aggressive from now on.

I completely agree w/ your statement about tellers lol. I would never recommend taking a job as a teller to try to network internally into a capital markets role. Sure, taking a telling job in undergrad while doing school is one thing, but starting as a teller for a career is another. You'd be laughed at.

Sounds like you have a very solid lead at Scotia. Best of luck.

[RobParks2M]

Yeah, I didn't play that chit game lol.. Was part of the halo poverty master race crew.

time to switch focus back to videogames for league sl00ts. Sounds like from your last post you got the grind part down at least then you can make an LCS team and sell it to the Dallas Cowboys. Start-ups are old business nowadays it is all about the pro teams.

[Venom08]

Those videogame YouTubers are making bank. So many Lambo and Audi R8 owners and they're like 19.