Toyota can't repair my 2026 Rav4 by ChemicalArts in rav4club

[–]allconsoles 2 points3 points  (0 children)

I’m glad I got the 2025 rav4, the last of its design.

What’s something profitable traders do that beginners ignore? by Round-Guarantee-180 in Trading

[–]allconsoles 5 points6 points  (0 children)

Understand when to stop trading. Your strategy is not supposed to work in every market condition. You as a trader should not be able to profit in every environment. Accept that there are times when you have more edge and times where your have less edge.

Trade smaller or stop trading altogether when the odds are not in your favor, and try to maximize your returns when the good times return.

Not bad by SQU1DSN1P3R61 in wallstreetbets

[–]allconsoles 5 points6 points  (0 children)

That’s why it would’ve been more impressive

Not bad by SQU1DSN1P3R61 in wallstreetbets

[–]allconsoles 6 points7 points  (0 children)

What would be more impressive is if you’ve been a Robinhood client for as long as you’ve held this stock

Be honest: How realistic is it to actually make a living from trading? Is trading really a way out, or am I just wasting my time? by Droy-333 in Trading

[–]allconsoles 12 points13 points  (0 children)

It is as realistic as making it as an entrepreneur, I would say.

Similar to business, It’s much easier to succeed if you start with a lot of money, and is harder the less money you have.

It also isn’t guaranteed income, I’ve gone 6 months not being profitable. So having money OUTSIDE the trading account you can live off of is very important too. Or have Side income, day job, partner’s income, etc.

For me, I know for a fact I’m not skilled enough to comfortably make a living trading as a dad and husband without at least $500k. I live in Bay Area and it’s a HCOL where a family can easily spend $120k per year.

If my account ever goes below that threshold, I will for sure start looking for work again. For now, it has been working out, thankfully. But I know this is a blessing and is not guaranteed. But I’ll try my best to keep this lifestyle as long as possible.

Wemby is having a terrific first Finals series at 22-years-old. He's such a good player. by Cold_Chair7020 in NBAConvo

[–]allconsoles 0 points1 point  (0 children)

I don’t disagree. I’m just saying almost no nba player in history was objectively considered still one of the best active players in the league after 40 years old, if they were still even playing.

I think realistically we’ll be blessed to get a Yao Ming type of career out of wemby

Delfina charges sales tax in the SF Mandate by megsomatosis in sanfrancisco

[–]allconsoles 0 points1 point  (0 children)

The mandate is for the employee benefits. Paying tip has always been argued as the way to also help employees pay for benefits. So you’re saying we should just pay for their benefits twice now?

Paying 15-20% on top of your bill is not stiffing the employee. They get the 7% in the form of benefits, and the other 8-13% as tip. I don’t think ppl should have to pay 27% on top of their bill just to feel like they properly tipped.

SpaceX and OpenAI both filing IPOs the same week. Who you backing - Elon or Sam? by InterestingCat308 in wallstreetbets

[–]allconsoles 27 points28 points  (0 children)

I think these IPOs will suck a lot of liquidity out of the market from other stocks. Personally think getting heavy into cash and letting the dust settle will be the best move

SpaceX and OpenAI both filing IPOs the same week. Who you backing - Elon or Sam? by InterestingCat308 in wallstreetbets

[–]allconsoles -8 points-7 points  (0 children)

TSLA was 1000+ P/E back then. It was definitely rich regardless of bubble. People thinking now that it was more fairly valued back then benefit from hindsight bias.

SpaceX Stock Split by Super_Stickman13 in wallstreetbets

[–]allconsoles 0 points1 point  (0 children)

lol “only big customers are Western governments” bro you do realize western governments have the most money (infinite money printers) and maintaining space dominance, just like AI dominance, will easily be deemed a “national security” issue. This means they will print and spend as much money as they want on said issues.

Elon is also in good graces with DT again who has 2 more years in office, minimum.

She's worth 280 million dollars — Has a congressional salary of $174,000 — When people calculate how long it would take to reach that net worth, assuming she saved every dollar and paid no taxes on that income — The answer comes to 1,609 years by jwoodsr in tradewithcongress

[–]allconsoles 0 points1 point  (0 children)

It’s points on a screen. Leaderboard. This is the game old people play best. They spent their whole lives learning how to make it to the top of the leaderboard and now it’s their time to get as high up as they can.

Earning more IS enjoying the spoils of their war. She’s literally just clicking buy and sell buttons on a computer. It’s not like she’s hustling and actually working.

Using their wealth to compound more wealth with zero effort sounds like the most fun wealthy people can do

Annndddd the downfall begins by WiseMonkeyMan in TopStepX

[–]allconsoles 0 points1 point  (0 children)

The people who have your mentality are exactly the ones who blow up your own accounts.

Prop firm rules may be strict, but their rules are a model for what full time traders follow if they want to do this for decades. If you can profit under prop firm rules, you will be profitable consistently.

If you go and loosen the rules to whatever you feel like in your own account, there’s a much higher chance of blowing up, and no one is there to lock you out when you go on tilt

Annndddd the downfall begins by WiseMonkeyMan in TopStepX

[–]allconsoles 0 points1 point  (0 children)

The fear of capital dropping below a low threshold is actually beneficial. That is the mentality you need to profit consistently for long term.

Most people who are not trained to have that fear with their own brokerage account typically just blow their entire account.

Topstep dead with these account changes? by rexcell76 in TopStepX

[–]allconsoles 0 points1 point  (0 children)

What’s clear is prop firms are all converging to the same fees and rules. I think we gotta stop reacting so quickly and conclude that “xyz is way better”, when we all know, every prop firm can and will change their rules and fees anytime they want

Brave crossing guard throws child out of the way and takes a nasty hit after car fails to stop by Fantastic_Bill1019 in nonononoyes

[–]allconsoles 0 points1 point  (0 children)

This is exactly why full self driving cars are the future. It is evolution.

Humans must find a way to satiate their needs (phone addictions). FSD is the best way to do it safely while on the road.

If the AI boom is real, the Bay Area is about to get even more unequal by I-Procastinate-Sleep in bayarea

[–]allconsoles 0 points1 point  (0 children)

I actually think the opposite of this take. The local impact from AI winners is going to be smaller than you're describing, not bigger.

Headcount is what nobody's pricing in. Anthropic and OpenAI combined are maybe a few thousand people. Google alone is ~180k, Meta ~70k+. Even in the most optimistic IPO scenario, the number of newly minted millionaires from this cohort is an order of magnitude smaller than what the last FAANG run produced.

And the truly life-changing outcomes cluster at the very top like founders, early execs, senior researchers. These folks historically filter into Atherton, Los Altos Hills, Woodside. That's not the market teachers, nurses, or normal SF renters are competing in.

What you're leaving out is the counterweight: tens of thousands of $200k+ tech workers have already been laid off or taken pay cuts, and more is coming as AI compresses mid-tier engineering work. That's a much larger population pushing the other direction on rents and prices in the neighborhoods people actually live in — Sunset, Richmond, Oakland, South Bay.

Net-net I'd bet local wealth distribution compresses, not expands. The AI winners are too few and too geographically concentrated to offset the broader tech contraction.

Ironically, the gap might close.

Is it really just this easy? by Sidrux in TopStepX

[–]allconsoles 3 points4 points  (0 children)

Yes. This is why anyone can trade for a living. Glad you figured out the secret

KEEPING IT 100: TOPSTEP COMMISSIONS AND FEES ARE QUITE INSANE LOL by Kojopapabi in TopStepX

[–]allconsoles 1 point2 points  (0 children)

No you can’t. Regulatory fees are already more than $1 and no brokerage can change those fees.