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Hi, did anybody ever experience wrong tax calculations by JPMC Payroll/tax team ? Or is there any specific month where they deduct more tax. Huge amount of tax deduction is done for Oct payout. From my CA’s calculation the amount deducted by JPMC team looks wrong. Anybody experienced this?
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Hello Fishes 🐟🎏
I am rigorously looking for a job from past few months and tried applying many opportunities i came across, but everywhere I receive is Rejection or No response at all. I am not sure what needs to be added to my profile to get more attention or is it really something because of my Notice period which is 90 days at HCL.
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Might as well read tea leaves if you’re doing technical analysis
Rising Star
Technical analysis is the astrology of finance
Such a Scorpio thing to say
No technical analysis will ever help you predict short term stock movement. However, if you want to be a long term investor, you need to be able to analyze the fundamentals of a company. For this you should be able to read financial statements. You need knowledge of accounting and finance. Pick up any financial management, financial accounting or accounting management book from a B-School finance class and you’re good. We used to study Dyckman’s books.
Stick to index funds and play around with 5% of your net worth if you really need to scratch the trading itch. You will almost certainly do better over the long run this way.
I have yet to meet a stock analyst that has gotten rich off their own money. They only make money from other peoples money. You were warned.
I don’t really understand what you’re saying, but finding profitable research/indicators is hard. You’re not going out there to sell your precious alpha if you can make money yourself on them. Of course, duh plenty of people make money privately but statistically, most people are not. This is why money management is hard.
I basically just wait until everyone on Reddit is talking about the end of the world, how much they’ve lost / cutting their losses and their girlfriend leaving them - then I figure it’s a good time to buy
Appreciate the humor here folks - hope I can attend your show someday. Intent is to understand the industry and not ‘do analysis - buy - get rich’.
You’ll have better chances marrying rich 🤑
Better to start with learning market structure, who are market participants and what’s their motivation (eg market makers, hedge funds, growth investors, value investors, etc), how macro factors affects different asset classes, asset class allocation and correlations…Technicals and sentiment can potentially help you find an entry/exit price or perhaps maintain a trend but if you don’t understand the complete picture it’s basically gambling.
Motivation includes behavior / investor psychology. Understanding biases in participants and your self
Pro
Look up some of Michael Mauboussin’s work on the psychology of investing
Uhh if anything try a couple simple valuation methods and plug in variables you can predict like interest rates (are they going up or down) and see what the math says. Otherwise agree that technical analysis isn’t absolute. My biggest one I can bank on it where it’s at relative to its 200 DMA
Are you investing or gambling? If you’re investing, look for good basic financials in a company whose products you use or who you’d work for (personal choice stocks). Mix that with index funds based on the major indices (diversity). DO NOT make trading decisions based on day-to-day market fluctuations.
If you’re gambling, do lots of research, but know that like Las Vegas, the game is rigged against you.
100% agree - don’t confuse investing with gambling options with money you can’t afford to lose… take the long term approach
Nothing you analyze can predict the future or determine what day traders will do next. Be in it for the long haul and invest in solid companies with strong financials. Sell when the company no longer makes sense to continue the investment.
Look up @ripster47 on Twitter. I tried his system and didn’t love it myself, but he has amassed an insane amount of educational content. The best Youtube channel that I have found is Wysetrade. He has only made 11 videos in 4 years, but they are all top quality
https://twitter.com/cvotrades/status/1470414006225678341?s=21&t=TBlXE3Yh6RGMam7fRVyX2Q
Shameless plug
Hold cash. Don’t invest. We’re in a Bull in a Bear rn so just wait for things to go way down and come back up again.
I mean I bought VIX monthly calls that I’ve been closing/rolling for 3 months so I’m obviously making money in this market but I’m not gonna opine about bear market options strategies in a social media post.
Most stocks I’d say trade on psychology as people react to news or (for smaller public companies) early investor want to sell new shares to the market so they come out with nothing burger news jack up the price, sell, exit, price drops, and other tricks of the game.
So yeah I’d much more recommend trading psychology
To learn options, watch many videos on the YouTube channel called InTheMoney. Be warned, as much as you think you learn, options will decay fast and most of your positions will expire worthless or you'll end up selling at a great loss. But when you hit a jackpot you will profit greatly, IF you sell at the right time. Trading is all about being right twice-- the position open and the exit. It's incredibly frustrating and thrilling and rewarding. You will learn all kinds of virtues and you'll learn to respect money and be indifferent to it all at the same time.
Options open up a whole new way for you to express your views on the market and your various investment theses. Of all the things you mentioned in your post, I would say they are the most valuable when learned right. Unfortunately, most youtube channels simplify the greeks and fail to build intuitive understanding. They are complex instruments whose values are affected by many many dimensions. I would say youve got a good grasp on options if you can understand terms like skew, fixed-strike vol, dynamic delta hedging, long gamma trades, volatility term structure
Unusualwhales is a good start for lotto option plays. For hardcore trading like index futures and index options grounded in technical analysis I like Arastoo Fazeli’s discord the best.
Also, best way to learn based on experience is not how much you read or know but your experience. Trading/investing psychology is a real thing.
Technical analysis can only do so much… you shouldn’t use that for options unless you’re doing that full time and you can watch volume/etc