Boiler Room: The Official Stock Market Discussion

lib123

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No I didn't. Have you ever studied degree level finance/maths/economics?



The current drop is a "crash". I said the "effects of a crash are overblown". We are talking about a future "crash".

Now you come with irrelevant cop out babble of "well overnight crash".

You said my comments about a "crash" are wrong so no post-hoc babble please without acknowledging your mistake.



Taleb is a one-trick pony hack with his black-swan "that everyone knows about anyway" babble. He says nothing insightful.



You didn't say whether you read this book? I would like to know if you have read the fundamentals? Do you understand/work in capital markets?

Serious question as I would like to know if I can chalk this up to a misunderstanding.

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Yes, I’ve worked in Finance and capital markets for several years including on BB trading floors. I haven’t read that book specifically but know everything it covers very well. However, the fact that you were using notional value and market cap interchangeably leads one to question your knowledge of finance. And Nassim Taleb is highly respected among most BB traders.
 
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trading is just the same buyers and sellers going back and forth, it's just supply and demand. THere's no secret forces that makes the markets go up or down. Learn how to trade both sides.
I REALLY need to learn how to trade in a bear market, have been buy and hold and LEAPS focused until this point. Any resources you highly recommend?
 

Scholar

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Some people purchased PTON at $129 and rode it down to 9.47
was chicken wrong. :shaq:
I think we will have a recession confirmed on the 29th. His video is lame because everyone knows it. Freezing up the amount of money in the system to reduce inflation is the Fed's clear play here
 
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