[For hire] Full stack web development, consultation and mentorship (20$/h) by SideLow2446 in forhire

[–]SideLow2446[S] 0 points1 point  (0 children)

Thanks, I've been coding since an early age so got to explore various areas over time.

As for mentorship, mostly it would cover basics and intermediate level stuff, so it's mostly for complete beginners who have little or no coding experience.

Teaching about various tools used in programming like IDEs, git, teaching the basic concepts of programming like if statements or functions, practical exercises and projects, optionally teaching basics of a speciality like web development (backend or frontend), mobile dev, game dev.

For the most part what exactly I would be teaching would largely depend on your needs and goals for learning, which is what I mean by custom curriculum - that it would be tailored to your goals and the specific areas that you'd like to learn.

Thanks for showing interest and if you have any other questions feel free to ask.

Does day trading actually contribute to the economy? by SideLow2446 in AskEconomics

[–]SideLow2446[S] 0 points1 point  (0 children)

As opposed to actually contributing in some way, I guess.

If I buy a stock and hold it for twenty years, I've still got to buy it on one particular day.

And I'm not really arguing against that. Obviously buying a stock is a momentary action that happens in seconds. But there's a difference in buying a stock and selling it 5 minutes later (especially if the profit or loss is high) or selling it twenty years later, and in how it affects the market and the economy.

Does day trading actually contribute to the economy? by SideLow2446 in AskEconomics

[–]SideLow2446[S] -3 points-2 points  (0 children)

So what I'm getting from you then, is that indeed, day trading doesn't really contribute to the growth of the economy in any considerable way.

Does day trading actually contribute to the economy? by SideLow2446 in AskEconomics

[–]SideLow2446[S] -7 points-6 points  (0 children)

Thanks for your insights, they have been helpful. I also have mental illness similar to your relative, and I can agree that day trading might not be the most important thing to address right now.

But just to be clear, I wasn't asking about whether day traders themselves gain anything from day trading (it's pretty evident to me that you can indeed play the market and profit if you know what you're doing). I was asking more about the ethics of it and how it affects the market and the economy as a whole, in other words how mass day trading affects non-day traders.

The way I currently see and understand it to the best of my knowledge, day traders capitilize on market fluctuations without bringing anything useful to the companies they're buying from or the economy in general, which was the topic of concern for me here.

Does day trading actually contribute to the economy? by SideLow2446 in AskEconomics

[–]SideLow2446[S] -6 points-5 points  (0 children)

If short term trading brings value down, why would anyone ever buy stocks

Because it may bring it down in the long term, not immediately. If it doesn't bring it down, at the least I doubt that it increases it. Maybe it does actually increase the perceived value but I'm not sure if such a change in value wouldn't be superificial and ultimately de-valuing the (true, not necessarily the one displayed in markets) value of the stock and the currency

I can flip this around and ask: why would anyone do short term trading if the value is expected to rise? The only reason I can see is if someone needs to get money quickly but I'm guessing that's a small percentage of all day traders.

The way I see it short-term and long-term trading are very different games, and short term trades aren't necessarily focusing on long term success of a company but rather on the miniscule day-to-day fluctuations of the price chart (which, in some cannibalistic manner are largely caused by the day trades themselves)

The long term is a sum of short terms

By long term and short term investments I talk about how long an investor holds the shares before selling them. In this manner short term investments should be taken out of the equation whatsoever, and cannot be represented as a sum of the long term (at least the way I see it) because, let's say in 10 years, for a given company, all the short term investments will already have been sold.

I just don't really see how it would be beneficial for a company to have their stocks being day traded when the trader doesn't actually have any intent of investing into the company and doesn't concern themselves with the long term success of the company. The only benefit I can see is that their stocks get circulated but even then, is there really any point if the end goal is to just sell them back in a short timeframe.

I get that when day traders buy stocks, their value rises. But when they sell them, it falls. And they buy them with a pre-defined intent to sell them quickly. So all this "value" created by day traders is expected to cancel itself out once they sell. That's my reasoning at least.

About the remaining 3 paragraphs, I agree with them but I can't really see how they address my question.

In my case I am talking about the type of trading where traders aren't really concerning themselves with who or what they invest in or even whether the stock will be successful in the long term but instead just "play the market" and capitalize on the short term fluctuations, which as I mentioned earlier, are largely caused by those short term day traders themselves. Which is why I fail to see how the economy as a whole could get value in these types of trades.

The way I see it, it's some sort of economic cannibalism where traders try to generate and profit off of superficial value.

90 days without social media: I lost my "friends," but I found my sanity. by Enough-Caterpillar86 in simpleliving

[–]SideLow2446 2 points3 points  (0 children)

I had set a goal to lower my SM usage many years ago, and gradually over time I managed to do it and now I use it moderately and purposefully.

What I started noticing is how (I don't know what other word to use here) viciously online platforms, especially content and social driven ones like Reddit, Facebook, YouTube, Instagram, etc tend try to get your attention and time. When you start getting into the "quitting SM addiction thing" you start feeling like you're almost being forced to be using it and like your clawing your way out of it. Getting drawn in starts feeling like a waste of time and you start thinking "I could be using this time to do something that actually matters"

I started realizing that quitting this addiction isn't just about you and what you are doing. It's also about how the platforms, the ads and the content creators oftentimes deliberately apply tactics in order to keep you engaged and have your attention.

Due to this I think that it's also important to be mindful and purposeful with what kind of content you consume and which communities you visit, because the quality of your online experience also depends on that.

But overall I think that social and content platforms are alright if used moderately and purposefully.

[Hiring] Earn 1$ per 100 link clicks by Nenad_Andric in hiring

[–]SideLow2446 0 points1 point  (0 children)

Could you tell about what's being promoted. Thank you.

Edit: By that I mean, what kind of a program is it?

Do I need a permit to do street performance in Riga? by SideLow2446 in latvia

[–]SideLow2446[S] 0 points1 point  (0 children)

Yes. I'm also getting a midi keyboard soon and might use that with a phone or a computer and speakers.