Stock Trader Answers Stock Market Questions From Twitter - Tech Support - WIRED
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Date: 2024-06-26
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Comments and reviews: 20
KrakenIsland64
I just disagree where he says it's like gambling on slots. In stocks if you stay safe the player almost always wins. The market will go up eventually, it may rise and fall sporadically, but in the long term it rises. Gambling is the opposite, you can rise and fall sporadically but will always lose long term. If you're not a full time, informed, day trader - buy and look away. Even with successful stocks a novice will inevitably buy highs and sell lows. The stock market as a whole will continue to go up. You just can't watch it intermittently and sell every time it dips.
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I just disagree where he says it's like gambling on slots. In stocks if you stay safe the player almost always wins. The market will go up eventually, it may rise and fall sporadically, but in the long term it rises. Gambling is the opposite, you can rise and fall sporadically but will always lose long term. If you're not a full time, informed, day trader - buy and look away. Even with successful stocks a novice will inevitably buy highs and sell lows. The stock market as a whole will continue to go up. You just can't watch it intermittently and sell every time it dips.
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frankydman
Personally I would have asked him what he uses as a reference for how well the economy is doing since a while back I learned the Dow, despite being referenced in the media a lot, is deeply flawed (not adjusted for inflation and only accounts for 30 of the over 3, 000 companies in the stock market, among other flaws)
So I’d be interested in knowing what indicators he relies on to help him know how things are doing
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Personally I would have asked him what he uses as a reference for how well the economy is doing since a while back I learned the Dow, despite being referenced in the media a lot, is deeply flawed (not adjusted for inflation and only accounts for 30 of the over 3, 000 companies in the stock market, among other flaws)
So I’d be interested in knowing what indicators he relies on to help him know how things are doing
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theshortbear3250
This is it guys.
I cant start to tell you just how much knowledge Lance has. 11 years in and I am learning every day talking to him.
This is not the typical momentum trader. He understands how to produce alpha and on top knows how to teach it through years of practice teaching fellow traders at one of the biggest prop firms.
I am glad wired saw the value!
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This is it guys.
I cant start to tell you just how much knowledge Lance has. 11 years in and I am learning every day talking to him.
This is not the typical momentum trader. He understands how to produce alpha and on top knows how to teach it through years of practice teaching fellow traders at one of the biggest prop firms.
I am glad wired saw the value!
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LeahLewis-ny9iu
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
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Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
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FortuneCookieLies
The AI boom will also bust small software based startups and kind of consolidate that arena because AI can produce software and solve problems more efficiently than newer software can. We will see a lot more consolidation in software companies that don't have AI integrated than those that do.
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The AI boom will also bust small software based startups and kind of consolidate that arena because AI can produce software and solve problems more efficiently than newer software can. We will see a lot more consolidation in software companies that don't have AI integrated than those that do.
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KarnodAldhorn
So he is a professional at legally gambling with large sums of money. And corporations are buying parts of each other in order to make more money. And the ones who win have enough money/power to influence society. And society males sure people can keep on professionally gambling legally.
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So he is a professional at legally gambling with large sums of money. And corporations are buying parts of each other in order to make more money. And the ones who win have enough money/power to influence society. And society males sure people can keep on professionally gambling legally.
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wired
Wow, I really like the way he answers with simplicity and confidence. Most of the time ppl tend to over-complicate the explanation, or they just shrug & tell u it depends, this guy makes stock trader sound like a true profession Truly a helpful video especially for beginners to the market
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Wow, I really like the way he answers with simplicity and confidence. Most of the time ppl tend to over-complicate the explanation, or they just shrug & tell u it depends, this guy makes stock trader sound like a true profession Truly a helpful video especially for beginners to the market
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AnymMusic
genuine question tho, what value do traders add to the world or the market Cause it's like playing professional poker, but not sending out the game for entertainment. Like the trades build our society, the arts entertain our society, rulers manage society. Where do traders come in
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genuine question tho, what value do traders add to the world or the market Cause it's like playing professional poker, but not sending out the game for entertainment. Like the trades build our society, the arts entertain our society, rulers manage society. Where do traders come in
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juliegolick
I'm surprised no one asked about trading against algorithms. There is literally no way to be the fastest (as he said, seconds count) when you're up against a literal algorithm. The computer's reaction time will always be faster than a person's.
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I'm surprised no one asked about trading against algorithms. There is literally no way to be the fastest (as he said, seconds count) when you're up against a literal algorithm. The computer's reaction time will always be faster than a person's.
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ufuksenol2005
Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.
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Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.
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nandojuace
Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.
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Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.
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anonymousart22
if you listen, u find out that stocks for companies that ACTUALLY MAKES SOMETHING makes sense by the numbers. not NFTs and scamcoins, unless something tangible is produced down the line = money no go up
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if you listen, u find out that stocks for companies that ACTUALLY MAKES SOMETHING makes sense by the numbers. not NFTs and scamcoins, unless something tangible is produced down the line = money no go up
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wrahttia
A really important video for me. I had some experience that helped me lead to have prior knowledge of some of the answers, but this guy and wired really nailed it down with greater clarity and scope.
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A really important video for me. I had some experience that helped me lead to have prior knowledge of some of the answers, but this guy and wired really nailed it down with greater clarity and scope.
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sherlockrobin597
I don't think we should be calling Technical Analysis a science. Science has predictable results. Technical Analysis gives vague clues. People lose an awful lot of money with this confusion.
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I don't think we should be calling Technical Analysis a science. Science has predictable results. Technical Analysis gives vague clues. People lose an awful lot of money with this confusion.
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surjeetsharma6262
In difficult times, it's wise to consider niches that have the potential to grow, and Unimantic offers that opportunity! Explore the benefits of MEV bots. Unimantic, you are welcome!
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In difficult times, it's wise to consider niches that have the potential to grow, and Unimantic offers that opportunity! Explore the benefits of MEV bots. Unimantic, you are welcome!
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user-jr8rz7bx3v
Warren Buffet has an anual return on investment of 20%. Great, but why is no one mentioning Jim Simons 66% Why is Warren Buffet 'the greatest' when Jim Simons beat that by factor 3.
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Warren Buffet has an anual return on investment of 20%. Great, but why is no one mentioning Jim Simons 66% Why is Warren Buffet 'the greatest' when Jim Simons beat that by factor 3.
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joshwright790
Been investing since 2017 and I just now learned about the reasoning behind using a bear and bull as symbolism for market trends, great video! Giving Lance a follow
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Been investing since 2017 and I just now learned about the reasoning behind using a bear and bull as symbolism for market trends, great video! Giving Lance a follow
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Leilani-Pattel
, love seeing Principal Steinbeck return. The fact that Cody being in kindergarten is an arc reminds me of Junior going to summer school which was also an arc.
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, love seeing Principal Steinbeck return. The fact that Cody being in kindergarten is an arc reminds me of Junior going to summer school which was also an arc.
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georgebelcher5668
Lance is the best! So much value here, anyone interested in truly becoming a successful trader needs to follow this man - so much amazing content out there
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Lance is the best! So much value here, anyone interested in truly becoming a successful trader needs to follow this man - so much amazing content out there
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charon59
I like that when asked if trading stocks is like gambling, his response isn't No, of course not! it's Well yeah, but it's more like Poker instead of Slots.
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I like that when asked if trading stocks is like gambling, his response isn't No, of course not! it's Well yeah, but it's more like Poker instead of Slots.
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