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Hi , need 11 likes for dm . Pls help.
Joined AC Bangalore office last year as Associate 1 and will be completing year anniversary by April 2022. Wanted to hear from experienced folks how's the path gonna be for Associate 2 . Generally How's the timeline for it , what's the hike Percentage for progression, how is the year end hike etc. Thanks in advance. PwC
What exactly does JPM DIB do?
Earlier i was hired to work on testing/automation but after joining training was never given on that and they took me in an internal project which i wasn't aware of. After working for more than a year i want to switch to testing, so I requested the same to a higher official. They said we can't switch you to testing as you don't have training but we can take you later on and give you training side by side with your current project. Should I believe them or switch the company. Please help PwC
Additional Posts in Personal Investment Chatter
Thoughts on Wealth front?
Thoughts on annuities for early retirement?
Any books or articles on macro economics?
Best personal finance/ investment podcast?
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Don’t
Just go to your nearest casino. If you want to gamble, there are faster and easier ways to do it.
Rising Star
Three ideas:
1) Trade stocks first - or options trades under $100. Understand what a good company looks like (fundamental analysis) and what a good stock looks like (technical analysis). Pick up some some technical indicators know how and see if you can find patterns. Finding stocks that look set to move is a big enhancer to options trading.
2) Do some training around options on sites like Option Alpha, Project Option, or Tasty Trade. This helps you understand the lingo and concepts. Some Tasty Trade videos get very technical so you may want to build up to that (these are the guys that built Think or Swim then built a new platform after they sold TOS). If you’re really up for, it get a book like the Options Edge and learn how the Greeks work and the mechanics of pricing.
3) Create a trading plan and stock to it. What do you want to trade? How and with what strategies? How much capital do you risk on a single position? When do you get out of a winning trade or losing trade? Etc.
This is a skill set and you should treat like that. There’s so many great tools out there and for leas than $100 you can get some good insights into how to make it work. It’s not easy, but if this is something you want to make work over the long term put in the effort to learn.
Start with TOS paper money
Investing with options is an oxymoron. You can use them to hedge your investments or speculate but very different from longterm investments
Bowl Leader
Have a plan and stick to it. My biggest mistake was selling a covered call and when it went up I opted to buy it back and keep the stock. Of course the stock dropped back to its previous level a few weeks later so not only did I pay cash to close the call far in excess of what I sold it for but my offsetting unrealized gains quickly disappeared.
I should have just let the call be exercised like I originally planned then DCAd back in.