Gambling Thread

This is why I like to bet on big global events and follow the news, I think the market does get manipulated but you cannot manipulate or control forces of nature, so when things like wars or severe weather breaks out, that's real, the volume is real, and the impacts are real and consequently 'decently' predictable in terms of direction because there are a lot of past events to base your analysis on which can subsequently give you an idea on what the price impacts will be on commodities like oil and gas. Is it guaranteed that things will always follow the mean path? No, but that's the bet. I'm betting on statistics prevailing by identifying black swan events and accepting these are a irregular, but still inevitable event which you can profit from greatly if you're able to call the timing of the event and magnitude of the price shift correctly, like I am trying to do right now with the short position I took on NG.

I'm long this forum.

Wall of text from narcissists and idiot leftsits? Yeah. I'm HODLing the forum.

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Not sure why you think all this yapping would convince me of any meaningful competency when you post all your Ls

How about this: I'll send you $20 and if you turn it into $100 by the end of the week I'll make a sizable investment in this venture.

I'm betting on statistics.

Hasn't he been working on this online masters for like 6 years? dog Shut The Fuck Up you aren't the big dog here

$20 doesn't even cover commissions. You want a legit chance to make money, you gotta give at least 5k. The minimum you need to even trade future options is 2k, but as soon as you drop below 2k, you're unable to trade so it gives you 0 wiggle room for volatility, at least with 5k, you can do some conservative trades still. I am actually pretty good at the 5-10k bankroll range because I've started there so many times to take it up to something like 40-50k, but once I get to higher numbers I start to get really careless and reckless, so what I do now is bank and bring myself back down to the 10-15k range whenever I go above 30k so I have a scarcity mindset and don't treat my account like monopoly money.

If you're interested to learn, I can show you how it is done, but you're on your own after that. It's a very good way to make money if you can control your emotions and don't get greedy. Oh, and I guess manage the stress well when you see your trade blowing back in your face and your account disappearing.

You will lose all your money

Things you need to consider before you do stuff like this

  1. Has a 14 year old ever had this idea?
  2. Would a person with an 80 iq have this idea?
  3. Do you have a team of 30 highly educated math quants?
  4. Do you have an outsized sum of money and access to liquidity?
  5. Do you have the ability to control your emotions and remain cool under pressure?

If any of these are FALSE you will lose money

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There's a reason quants more talented than all of us combined sit around collecting a paycheck growing someone else's money for at least a couple years before moving on smh

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Thats exactly right girlie

If you want to make money you do so in inefficient markets such as CRYPTO CURRENCIES

I recommend just making scams because its not illegal unless you promise returns

Better yet stop wasting your time you already have a career and can make money

Find something else to fill that void

14 year Olds don't know shit about derivatives

80 iq doesn't know what a put call spread is.

I'm dead inside

I will make money

A 14 year old has never thought of using AI to make money off the stock market?

Bro I never said I was gonna use AI lol. I am literally just building like a decision tree analyzer that's gonna take a window of time series data and provide a report of how it compares to historical data, so nothing involving AI. With that said, it certainly could be a good idea but I don't think there is enough data to even train an AI in it.

I have about 15 years of CL data which is like a 13 mb csv so it's a comical amount of data.. AI is way over my head, also I don't have the compute nor do I wanna buy it until I get a simple thing off the ground first.

Everyone else has the data

Everyone else has 3000 math phds doing research

Everyone else has billions of dollars and access to the lowest possible latencies to trades

Everyone else has insider information

Everyone else does pvp on firms that has access to these data

You have a 15mb excel file and a python script

You can do whatever you want man but you wont make any money

I was about to make a post of a shit load of contradictory and shit ass stupid StovePosts and say "You are a crazy person" but I'm now realizing you have to know that. You have to know you aren't well and the gambling, lying, and grandiose delusions are just the tip of the iceberg. It was going to really clutter up the page.