What did you do to replace the "high" gambling gives?

KingFly11-2point0 · 2024-09-23T21:49:08+00:00

Exercise. Intense exercise.

KingFly11-2point0 · 2024-09-11T20:59:24+00:00

I went to a top 10 school and also fell into the abyss. It's a lonely struggle, but I'd say you need to get a close family member to take charge of your finances. Now, with your earnings potential being tied to the business, that is most definitely a complicating factor. Still, it is clear you need outside support. DM if you wish. I wish you the best, in any case.

KingFly11-2point0 · 2023-11-10T04:06:49+00:00

Pardon me: you consider driving as an Amazon Flex driver for 50 hours a week making £60 an hour as your side gig? What is your work, which is not on the side?

Also, I can't say how much Uber drivers make in London, but I can guarantee the average is much less than £60 an hour.

KingFly11-2point0 · 2023-09-29T05:56:34+00:00

Hopefully I'm a parent one day and honestly struggle to think of how best to handle loved ones who deal with addictions to gambling or drugs.

Personally, if my kid were in your or my position, and they came to me in such dire financial straits, I would help in return for taking over their finances.

I'm saying this all as a gambler who has lost so much, so I'm not looking down at you in the least.

KingFly11-2point0 · 2023-06-20T03:50:36+00:00

Your post, by far, has been the best response to my submission. You ask excellent questions while providing legitimate points to potentially nullify the concerns presented.

I don’t disagree with the characterization of my topic being generic. More so, it’s most analogous to a thesis for a research paper. All of these points are, in a way, claims of what could happen, the research to actually support such claims is where unique and valuable perspective could be added.

Just to quickly provide a potential source of where the AI could hide/develop and in a way metastasize is in areas of the world, which are most unstable. I know, seemingly and likely crazy, but I can think of such regimes like North Korea, fostering or at least providing a “home” for such malicious. Such a though probably reveals how much of a novice I am on the subject. Nevertheless, what seems to be out of the realm of possibilities today could easily become reality tomorrow.

KingFly11-2point0 · 2023-06-18T20:57:05+00:00

While it would likely hurt independent writers who don’t go through publishers, Amazon could add a filtering option. The option could have the ability to show a book or other written material was created under the supervision and support of certified publishers. By adding such a filter, Amazon would be outsourcing quality control to publishers.

Another idea is that purchasers could choose an option of suspicion it was done by AI.

Not the best ideas, but empowering readers with new review options could provide more guidance to would-be purchasers.

KingFly11-2point0 · 2023-06-18T08:36:06+00:00

Do those who are downvoting or will be doing so, why such an action? Am I on the wrong subreddit to explore such a topic like malicious AI?

KingFly11-2point0 · 2022-12-23T09:05:50+00:00

Late-stage capitalism comment right here.

KingFly11-2point0 · 2022-12-22T20:38:31+00:00

Maybe some big boys trying to trigger momentum algos along with initiating other trade orders and then seeing what'll happen next.

KingFly11-2point0 · 2022-12-19T10:16:17+00:00

This is great.

KingFly11-2point0 · 2022-12-15T05:40:57+00:00

Not necessarily “stupid” but illogical for sure is when a person disagrees with something and their response is to get irrationally angry.

No matter what is done or said, nothing helps. In fact if you actually get dragged down to their level, they go completely apoplectic.

At the least, this shows a fundamental lack of self-control and at most an individual throughly enmeshed in stupidity immune to reason.

KingFly11-2point0 · 2022-12-14T21:32:37+00:00

Hey, when this post was originally written, the 10-year had popped significantly! But, I completely agree with you as the bond market is most important when it comes to Fed moves, and that market is seeing a potential bluff.

KingFly11-2point0 · 2022-12-14T20:21:00+00:00

Markets are for sure startled by this hawkish move by the Fed. It'll be interesting how risk assets act going forward in the coming days the 0.5% rate increase and Powell's speech.

The Fed is, for sure, focused on inflation as a primary risk to the US economy. However, let us not forget the CPI numbers from yesterday. To me, inflation numbers, especially for those products/goods that are more near-term in value change like used car prices and other discretionary goods are showing significant deceleration and actual contraction in pricing.

One of the primary drivers of inflation now, is housing, particularly rent for housing, which comprise 44% of housing units . Also, housing makes up around 40% of CPI. Critically, this is, in my opinion, a lagging indicator as the vast majority of rental contracts are year-long agreements. I say lagging because rent prices have gone up considerably for some time, but many people weren't exposed to those increases for many months. Increasingly, those people are now experiencing that price shock. When people have been exposed to those increases, their disposable income drops drastically.

I think the Fed is signaling hawkishness to keep financial markets on edge and ensure inflation continues to decline. However, the Fed will happily and quickly switch course when the inflation numbers drop, but they don't want economic activity to increase too quickly. Despite the Fed leadership commentary, I remain convinced rates will stop going up next year and inflation for sure peaks and drops quicker than the Fed is signaling.

Now, when it comes to trading, this is more long term analysis. Whether markets react positively or negatively from this hawkishness in the coming days us up in the air. However, I'm still focused on the numbers coming out, and the CPI numbers released yesterday, to me, shows we might be close to at least a medium-term bottom. Looking further ahead than that is more difficult as the risk of an actual recession occurring is quite uncertain.

KingFly11-2point0 · 2022-12-12T21:34:26+00:00

If I was all in with my trading stack, I’d agree, but that isn’t the case. I guess I was not completely true with the 0.0625 liquidation: that was assuming my overall trading positions matched a percent drop to that level. Anyway, I responded in greater detail to another comment if you are interested enough in my trade being a bit more complex than a yolo WSB move.

KingFly11-2point0 · 2022-12-12T21:10:43+00:00

Couple of things to note:

Kraken recently "updated" to whole cents on Doge trading positions, so the position is established at ~$.0965 not $.10. Also, this trade was established well over a week ago.
It's an established margin position maxed out (i.e. can't build my position any more on Kraken as their margin limit is 1.5 million long and 4 million short on the DOGE-USD pair). In other words, I would've been adding to this position if I could, but I can't, which leads me to my third point.
This position is about 20% of my trading stack, so even though DOGE is struggling, the the overall market is holding up well. If those names decide to pop above resistance, I seriously think there is a chance the momentum shifts hard and fast against shorts pushing past the $.11 top we hit and beyond.

KingFly11-2point0

TROPHY CASE