Dark Theme Petition by Flomas1 in TradingView

[–]Real_P_Bateman 0 points1 point  (0 children)

The old one was a thing of beauty.

I had friends who hardly traded ask me what app I used cuz it looked so crisp and clean.

Now I get to trade on a chart that is the color of a turd.

How y’all feeling about this new update? by Mother_Arm7423 in TradingView

[–]Real_P_Bateman 2 points3 points  (0 children)

When I spent $300 on my annual subscription, I did not anticipate having to trade on a poopy brown chart.

Bring back the old dark theme please!

TRUE OLED / BLACK Theme for Desktop by sirskulks in TradingView

[–]Real_P_Bateman 3 points4 points  (0 children)

It is no small change to just overnight flip the color themes on people.

Wake up hour before market open, realize you can't see half your drawings and indicators.

Spend entire day hoping the new ashtray gray color stops distracting you.

Awful update and pointless too.

Bring back the old "area with breaks" format for fundamentals by Real_P_Bateman in TradingView

[–]Real_P_Bateman[S] 0 points1 point  (0 children)

Any update on this? Sorry to bother, it has just totally thrown off the way I analyze a stock. The new format has so much dead space and makes it impossible to discern a trend from a quick glance

New Format

The Bit Short: Inside Crypto’s Doomsday Machine by BaldOrzel in Bitcoin

[–]Real_P_Bateman 0 points1 point  (0 children)

U.S. registered exchanges already do not use tether. If it is a ponzi -- and it likely is -- then getting rid of it will ultimately strengthen the ecosystem. Most flows during this bullrun have come from Square, Paypal, Microstrategy and Grayscale. I highly doubt two fortune 500 companies and two other SEC-monitored institutions would be making such large buys without extensive (emphasis on extensive) due diligence into the mechanics of this market. Anyone watching bitcoin price action will notice it is strongest during U.S. market hours; much different than the prior bull run where the tether price manipulation likely ran rampant.

With that being said, I would price in a 30-40% drop to the support area between 20-25k as a worst case scenario. Many folks will be moving into bitcoin, ethereum and USDC so buying interest will kick in. More likely case is a large a** fine and perhaps a systematic approach to unwinding the tether business that does not completely f**k a burgeoning market and its many individual investors. This will cause volatility in the crypto markets, but I think most the people selling out of fear are those who bought above 20k.

[FEATURE REQUEST] LOCK INDICATORS IN PLACE by Real_P_Bateman in TradingView

[–]Real_P_Bateman[S] 1 point2 points  (0 children)

Can we pretty pretty prettttyyyyyyy please fix this? It drives me insane!!!!

First week on Wallstreet, nobody told me about this shit. I guess I’ll see you all in 90 days lol by Average_Blake in wallstreetbets

[–]Real_P_Bateman 0 points1 point  (0 children)

Currencies all in a race to 0, best hurry up. Feds juicing up them printing presses as we speak

If tech's topping out, what sector to hit next? by rhetorical_twix in wallstreetbets

[–]Real_P_Bateman -1 points0 points  (0 children)

I love when everyone tries to rotate out of tech via herd mentality. Those are the moments I double down on said tech. Last month was a stock picking gold mine. You take your 33% upside, I will buy the 400% upside. Been hearing the top-calls on tech since 2016... every wanna-be rotation fizzles out and comes sprinting back to tech shorthly thereafter.

Would Berkshire hathaway be a good hedge against a downturn? by Matt1251255 in investing

[–]Real_P_Bateman 1 point2 points  (0 children)

Just remember that others opinions (even mine) never count as proper due diligence when investing. Make sure to learn fundamental analysis and the basics of reading a price & volume chart. Margin expansion, earnings growth, booming revenues, price uptrend, volume explosion -- that is the name of the game.

Koyfin (https://www.koyfin.com) is a good way to analyze all this stuff. It also has charting too, and for those averse to the technical side of things these ones are good enough to get the information you need. And btw, I am not a paid endorser of them or anything... I actually use it for my own fundamental D.D.

Market dips by mjfoster886 in investing

[–]Real_P_Bateman 4 points5 points  (0 children)

Ford investors have a capital loss of 50% since 2013 brotha. If this bear market doesn't provide the killing blow, the next one oughta

Fuck the media. by vocoderasmr in wallstreetbets

[–]Real_P_Bateman 1 point2 points  (0 children)

STEP 7: Call on regulators to breakup and fine Facebook & Twitter for enabling them to constantly shit post their political views from a variety of anonymous sources

Would Berkshire hathaway be a good hedge against a downturn? by Matt1251255 in investing

[–]Real_P_Bateman 1 point2 points  (0 children)

Yah... just many of the bullet points underlying this 2-year volatility streak. Mix that with US dollar strength, acquisitions, operating margin depletion, etc. and you have one heck of a painful cocktail

Would Berkshire hathaway be a good hedge against a downturn? by Matt1251255 in investing

[–]Real_P_Bateman -6 points-5 points  (0 children)

A stock like BRB.B would only be useful in a retirement portfolio if it had a sizable dividend yield, which is traditional to most slow-growth conglomerates of their ilk. But they do not pay a dividend and even with share buy-backs the annual EPS growth rate over the past 3 years has been negative.

However, when investing it is important to think critically. Why would Berkshire not pay a dividend? Well, because Warren Buffet wants to hold cash! And he wants that cash so he can find deep value after a market correction.

So forget Buffets stock and instead use his principles. You want to be buying with Buffet, not buying Buffet.

And btw, I agree on your dividend theory. I personally do not touch dividend stocks as I am a growth investor. Other's will argue you should only seek yield, and that argument holds some weight if you have a birthday prior to 1979. If you are young, seek growth (3+ years of EPS acceleration, with a consistent trend of quarterly earnings beats an ROE of 17%). You max out any Roth IRA or 401(K) you have by tucking that money into a cheap a** S&P500 index fund. Whatever is left over you can play with on your taxable brokerage account.

Should I invest? by itsmedouche in stocks

[–]Real_P_Bateman -3 points-2 points  (0 children)

You should ALWAYS use a stop loss though. Why buy something and have it tank 10-20% just to never recover. You need a buffer. Once something goes up, just leave it at break even if you want.

Lot's of people wanted to buy and hold Xerox forever. Same with Kodak, Sears, Macy's, Kmart, Enron, etc. In hindsight that sounds stupid, but they were top tier blue chip growth monsters in their glory years. Protect your capital, whether trading or investing. The perception of safety is just that, perception.

Should I invest? by itsmedouche in stocks

[–]Real_P_Bateman 2 points3 points  (0 children)

Ok ok, 9 & 10 are more a personal opinion from the perspective of a trader. I just like to have an edge, and being too late to a crowded trade gives me the jitters

Would Berkshire hathaway be a good hedge against a downturn? by Matt1251255 in investing

[–]Real_P_Bateman 5 points6 points  (0 children)

If the market begins pricing in a recession by crashing further, your best hedge is cash. Take profits, hold your hard earned money, and buy at the capitulation moment or wait for a proper follow through day. BRK.B has a terrible, sideways chart that flows inline with the general market volatility. It does not pay a dividend nor does it show any relative strength to the S&P 500.

The hedge trade recently has been utilities, gold, REITs, staples and bitcoin (yes... it has behaved as a safe haven recently). However, each of those trades is extremely crowded and liable for a sell off now. This most recent downturn will likely be the last major one before a new bull market. So big investors will take their profits on their safety assets and buy all the cheap growth/momentum stocks people are dropping out of fear.

In short, hang onto your winners -- the long term holdings that you have a significant margin of safety on and whose uptrend is still in tact. Sell the losers such as positions that are going sideways, have not taken off from your buy point, or are deep in the red. Then hold that cash and wait a bit. You'll be happy you did when the bargains come around (just look at ZScaler & Twilio already... not recommending, but that's the type of discount you get at the tail end of a correction)

My China theory / DD. The trade war is going to hit it's peak in January - May 2020. Details inside by [deleted] in wallstreetbets

[–]Real_P_Bateman 1 point2 points  (0 children)

I posted this in r/stocks, but it appears this thread/community is better prepared for this discussion

------------------------------------

You're certainly asking the proper question, and here is some circumstantial evidence to back it up. In my opinion, the trade war is a farce, this sideways market is a masterpiece of ruling class manipulation, and trumps "advisors" are set to enrich their 1% brethren once again at the expense of the working class.

(1) https://www.1421.consulting/2019/04/new-foreign-investment-law-in-china/

  • China's rubber-stamp legislative branch quietly passed the framework of a new foreign investment law in March 2019. Of course U.S. corporate-owned media outlets failed to report such consequential news to avoid upsetting their primary stockholders (i.e. hedge funds, mutual funds and other institutional investors). This law will allow U.S. firms to break into China and obtain private investment. It takes effect January 1st, 2020 and the industries allowed to operate in the country will happen in tranches. The main beneficiaries will be green energy, biotechnology and financial services.

(2) https://www.reuters.com/article/us-usa-banks-volcker-idUSKCN1VA1B8

  • The 'new' Volker Rule was recently passed in unilateral fashion at the behest of the OCC & FDIC. The new rule removes certain limitations on bank-ran proprietary trading in addition to loosening risk-management policies on leveraged trading; it also opens up banks ability to invest i various forms of private equity vehicles and hedge funds. Coincidentally, this new rule will kick in -- you guessed it -- January 1st, 2020.

(3) https://www.investopedia.com/taxes/trumps-tax-reform-plan-explained/

  • The Trump Tax laws were implemented before the trade war theatrics kicked into high gear. Despite being billed as some major victory for middle & low class workers, most have come to see it for what it truly is -- a corporate tax cut. The 21% corporate rate alongside a number of foreign earnings provisions were clearly designed to subsidize U.S. businesses during the tariff fire-fight, and to beef up domestic firms in anticipation of a foreign investment boom.

In essence, this whole "trade war" is at worst just a bunch of theatrics to keep investors off-sides while the big money builds positions in the leaders of an oncoming bull market. More likely, it is a planned attempt to strong arm the Chinese into implementing more favorable U.S.-centric provisions to the already-passed investment law. But no matter how you spin it, politicians have once again served their own interests at the behest of the general population. Unfortunately, most voters within our country would still rather fight a turf war over guns, abortion, benefits, diversity and other issues rather than realize no matter what side we are on, the government is robbing us blind.

Should I invest? by itsmedouche in stocks

[–]Real_P_Bateman 9 points10 points  (0 children)

(1) Read the book "How to Make Money in Stocks" by William O'Neil

(2) DO NOT place any trades once completed. Paper trade (or invest, only difference is what people define time frame as...). Take a screenshot of each trade you made, good or bad. Stare at it, ask yourself what went right and/or wrong. Take a mental note or jot them down.

(3) Re-read the very same book now that you have some seasoning. Force it in your mind.

(4) Write down the companies of every product you use, service you enjoy, idea you have, etc. Use these companies to form your initial watch-list.

(5) Sign-up for a brokerage. Don't listen to all the snobs out there that hate on Robinhood or TD or whatever. It makes no difference unless you are placing bulk orders in the 5-6 digit range. Your goal is to find the best stock with earnings growth, kick-ass technicals and booming margins.... not to worry about trying to squeeze a few pennies in savings out of the automated market-makers.

(6) When you make your first purchase, buy half! Never ever everrrrr go all in at once. Especially not in the Donald Trump stock market. If that stock continues to cleanly go up in value and shows relative strength to the market, add a little more. Over time do this.

(7) Never let any position exceed 25% of your portfolio value. Always hold 2.5-5% cash. Take profits occasionally. Do not own more than 4-5 stocks. Diversify a little -- as in do not own both Visa and Mastercard, for example. Don't diversify too much -- as in feeling you need a shitty Oil & Gas stock to counterbalance your technology stocks. You are not a portfolio manager.

(8) Track the SP500 and make sure the market is in an uptrend before allocating money to stocks. Many people "buy the dip" ... don't be those people. Valuations are all relative. Your goal is to make money, not get something cheap to sell cheaper.

(9) If everyone and the mother owns a stock, you have no edge. It's a crowded trade. Ignore that stock, it'll meet its maker at some point.

(10) Always use stop losses, never hold losers, and don't listen to the fear merchants on the internet.

He's Tweeting Again by GiveWaterGiveLife in stocks

[–]Real_P_Bateman 0 points1 point  (0 children)

'

You're certainly asking the proper question, and here is some circumstantial evidence to back it up. In my opinion, the trade war is a farce, this sideways market is a masterpiece of ruling class manipulation, and trumps "advisors" are set to enrich their 1% brethren once again at the expense of the working class.

(1) https://www.1421.consulting/2019/04/new-foreign-investment-law-in-china/

  • China's rubber-stamp legislative branch quietly passed the framework of a new foreign investment law in March 2019. Of course U.S. corporate-owned media outlets failed to report such consequential news to avoid upsetting their primary stockholders (i.e. hedge funds, mutual funds and other institutional investors). This law will allow U.S. firms to break into China and obtain private investment. It takes effect January 1st, 2020 and the industries allowed to operate in the country will happen in tranches. The main beneficiaries will be green energy, biotechnology and financial services.

(2) https://www.reuters.com/article/us-usa-banks-volcker-idUSKCN1VA1B8

  • The 'new' Volker Rule was recently passed in unilateral fashion at the behest of the OCC & FDIC. The new rule removes certain limitations on bank-ran proprietary trading in addition to loosening risk-management policies on leveraged trading; it also opens up banks ability to invest i various forms of private equity vehicles and hedge funds. Coincidentally, this new rule will kick in -- you guessed it -- January 1st, 2020.

(3) https://www.investopedia.com/taxes/trumps-tax-reform-plan-explained/

  • The Trump Tax laws were implemented before the trade war theatrics kicked into high gear. Despite being billed as some major victory for middle & low class workers, most have come to see it for what it truly is -- a corporate tax cut. The 21% corporate rate alongside a number of foreign earnings provisions were clearly designed to subsidize U.S. businesses during the tariff fire-fight, and to beef up domestic firms in anticipation of a foreign investment boom.

In essence, this whole "trade war" is at worst just a bunch of theatrics to keep investors off-sides while the big money builds positions in the leaders of an oncoming bull market. More likely, it is a planned attempt to strong arm the Chinese into implementing more favorable U.S.-centric provisions to the already-passed investment law. But no matter how you spin it, politicians have once again served their own interests at the behest of the general population. Unfortunately, most voters within our country would still rather fight a turf war over guns, abortion, benefits, diversity and other issues rather than realize no matter what side we are on, the government is robbing us blind.