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He does seem to be the best man for this job though.
If you can't laugh at yourself - ask me and I will do it for you.
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Today marks the first day of online classes for one of the subjects I'm taking. The meeting got dropped in the middle of the lecture and we had no idea why.
Later we received Professor's email saying
"I was using my phone for meeting and I thought you guys were sending me spam messages but it was actually my phone warning me of low battery. Sorry folks! see you in the next class" 
Can't wait for the next class. 
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I hope the subject isn't "Mobile Phone Usage", although the professor's skills seem to be about normal for a university "expert".
I wanna be a eunuchs developer! Pass me a bread knife!
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For the most expensive university in Pakistan, I would say, it was great I didn't choose it for my MS.
The sh*t I complain about
It's like there ain't a cloud in the sky and it's raining out - Eminem
~! Firewall !~
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I don't really have a bucket list or anything, but I've been wanting to do some stock trading for a while now.
In fact, about three years ago I talked to an adviser from my bank about it (which was easy since they were in the same building as employer at the time).
However, talking about it and doing it are two different things.
It's a bit scary, you can lose money, how does it work, how do you get started, etc.
I know I can just say to my bank invest some money with some risk profile and in 30 years I'll have an estimated gain of 6%, but I wanted to do this myself.
Now, with the global economy in shambles, I thought I'd just go for it.
So yesterday I bought my first stocks and today I sold them with a small profit*
Let's see if I can keep this up until I'm either extremely rich or lost my money
I'm doing this for the experience though.
Hopefully I'll make some money in the end, probably not, but for now I'm enjoying the graphs and the thrill of buying and selling at the right times
* I'm very aware of the risks, I'm doing this with money I can miss.
If I'd lost it I'd be bummed, but I can afford to shrug it off.
modified 7-Apr-20 5:58am.
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Quote: I'm a rambler, I'm a gambler, I'm a long way from home
And if you don't like me, well, leave me alone
I'll eat when I'm hungry, I'll drink when I'm dry
And the moonshine don't kill me, I'll live til I die
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RickZeeland wrote: I'm a rambler
You could've stopped there 
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Sander Rossel wrote: So yesterday I bought my first stocks and today I sold them with a small profit*
Be careful with that, sometimes although you sell with profit you still loose money because of the trading quotes / fees. I would say you have to sell at least in +2,5% so you can have green numbers.
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Yep. In many ways, a small loss instead of a profit might have been better for him in the long run - discourages the mental "this is easy money!" chain of thought.
Remember: stocks and shares may go up and down (in small or wild swings) apparently randomly, but probably because of events both beyond your control and unknown to you ...
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
AntiTwitter: @DalekDave is now a follower!
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OriginalGriff wrote: a small loss instead of a profit might have been better for him in the long run
Well that's the thing, my investment was a "sure thing" 
Seriously though, I'm not in this for the money, but for the experience.
And hopefully I'll make some profits or at least minimize my losses at the end
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Sander Rossel wrote: Well that's the thing, my investment was a "sure thing”
Yeah. That’s how it starts.
May as well look up the number for your local ‘gamblers anonymous’ group so you’ll have it handy...
Actually - good luck with that. It’s something I’ve thought of doing as well. Just to see how it works.
Mark
Just another cog in the wheel
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OriginalGriff wrote: stocks and shares may go up and down (in small or wild swings) apparently randomly, but probably because of events both beyond your control and unknown to you ...
I know, and right now... even more. It is like a damned randomized roller coaster
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Nelek wrote: It is like a damned randomized roller coaster
Also known as "Bitcoin"
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
AntiTwitter: @DalekDave is now a follower!
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No way... Bitcoins are one of the absolute No-Go for me.
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Is that because it's a damned randomized roller coaster used by criminals?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
AntiTwitter: @DalekDave is now a follower!
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I lost some money there 
I've actually found some source code from Bitcoin.
var config = configuration.Get<BitcoinConfig>();
Random rnd = new Random();
int currentRate = rnd.Next(config.MaximumRate);
return currentRate; This code is called every few seconds.
The config.MaximumRate is sometimes set by some guy based on how he's feeling that day.
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Yeah, I'm assuming they won't take more than a few € per transaction, but I'm still figuring that out.
I'm using the +500 app and so far I've got mixed feelings about it.
It was easy for me to buy and sell, I can find my open and closed positions, orders, all kinds of instruments with nice graphs, etc.
But now that I've closed a position I can't see what my initial investment was and for what I sold it.
I can see my profit, the opening and close rates, values and times, but I'm not sure what they all mean.
So I can see I've made a profit of let's say €10, but I can't see if that's on an investment of €1 or €1000.
I suspect the opening rate is what I've bought it for, but the closing rate is not what I sold it for because opening rate - closing rate is far less than my profit...
And so I'm learning as I go 
One thing kind of bothers me though, I got this app because it would've been available in Dutch, but so far I haven't found it and now I'm trading in English.
It makes it hard to talk about this with Dutch people who only know the Dutch terms, because I don't know the translations.
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I do it through a bank, I have control over the orders and I get pretty nice and detailed reporting. At the beginning it was a bit confusing, but you get it fast, the important things is to know the differences between the available type of orders. Once you get that is easier.
I am not a broker, and I will never be one. I don't know why / when the stocks reach / are going to reach an inflection point (ok, sometimes is obvious but you know what I mean). But as you say... if it is something you don't need for living and you are aware that you can loose it in one second... why not?
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
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I started off with a demo account.
Thought I'd put some demo money in oil.
Next day, over €600 (demo, argh!) profit!
Open the news, Trump made some announcement that he was going to put tariffs on oil to keep the price up or some such.
That explained it
The opposite can happen just as well and sometimes it makes no sense whatsoever.
I remember Facebook going to the stock market.
Everyone wanted a share, everyone was optimistic, closed at minus more than you'd expect
Back in the day, when I was still in elementary school, my parents invested some ƒ100 (guilder, back in those days) in the internet funds or some such.
A LOT of people lost money when that bubble burst (ƒ100 was like two years allowance for me!).
Luckily, my parents just wanted to teach me a lesson and it didn't affect my weekly allowance
I'm also still at -50% on Bitcoin
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I have used long existent companies that are local but with worldwide market (no cars). I won some hundreds and now I am in red due to the drops of last weeks, I didn't panic sell. Just letting it there, giving time to recover. As already stated in several times, not needed money for living.
I am not going to put more money (although many people say now is the moment), when (IF) I get back to green, then I will see again. Not in hurry.
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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That's how to do it (well, apart from the buying high and not buying low ), don't panic sell and take losses (unless you're worried a company will go bankrupt and you'll lose it all).
I'm doing the same with my Bitcoin, let's just wait until it turns around.
And if I have reason to believe it'll never get to where it was I'll sell it with loss and spend my remaining money somewhere else.
And that's why you shouldn't do this with money you need 
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Sander Rossel wrote: And that's why you shouldn't do this with money you need
exactly
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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A great many of the brokerage firms (in the US) now allow trades for no fee at all - at least a couple of hundred a month. Day traders will exceed this and pay up. Trading firms can make money, anyway, depending upon how they place your trade.
| Ravings en masse^ |
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| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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W∴ Balboos, GHB wrote: A great many of the brokerage firms (in the US) now allow trades for no fee at all - at least a couple of hundred a month.
Only for locals, being in Germany all had fees (at least what I found)
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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Also, in USA (I don't think that's where Sander is, but for others) short-term capital gains are more heavily taxed than long-term (to encourage investment, I guess).
Back when I started investing many years ago, I just looked at the Berkshire Hathaway holdings, found subsets of that I felt comfortable with, then purchased those companies. Figured if it's good enough for Warren Buffett, it oughta be good enough for me.
Just let the dividends plow back into buying more. I think I've done reasonably well over the years. Like Sander, I've only invested extra money, so I don't track returns that closely.
My goal is someday to live on the dividends (i.e., start taking them as cash instead of reinvesting). We'll see.
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