Nothing but free money has created unbelievable amounts of wealth!

Discussion in 'Wall St. News' started by S2007S, Oct 16, 2024.

  1. Hello ironchef,

    I am sorry buddy.

    But I do not understand what you stating.

    What is your question to me again, sorry?

    Just go and make money man. I do not try to learn all that fancy stuff about trading man. Too much work.

    I am here to get as rich as I can man, no time to learn trading anymore.

    If you keep on trying to get smart about trading, you will be very poor man.

    So just go make money man. It is not hard at all.
     
    #41     Oct 17, 2024
    Wide Tailz likes this.
  2. taowave

    taowave

    He also worked for Vic Neiderhoffer ..

     
    #42     Oct 17, 2024
  3. Specterx

    Specterx

    People have been saying that for over 40 years. The movie Wall Street from the mid-eighties had a line about "too much cheap money". So far, all we've had are temporary dips which were generational buying opportunities.

    The current year USA is a wealth creation machine. No polity in history has ever come close to its present endowment of land, labor and capital combined with entrepreneurial dynamism and a culture sucking in talent from the entire planet. Nothing lasts forever, but barring a truly cataclysmic shock (more than just some financial-market nonsense: something like a nuclear war, an asteroid strike, a communist revolution, or SkynetGPT attacking humanity) such embedded long-term trends will remain in place and sort of gradually attenuate or fade out over several decades, rather than coming to a screeching halt overnight.
     
    #43     Oct 17, 2024
  4. MarkBrown

    MarkBrown

    in 82 i was a carpenter making 16.91 hr owned 2 new cars, new boat, motorcycle, new brick home, worked 40 hrs a week only, wife stayed home raised kids. had money to burn.

    milk was 21 cents a gallon

    now what does a carpenter make 12.hr

    milk is 4.00 a gallon

    so how does all this wealth work?

    the whole market is a ponzi/pyramid scheme
     
    #44     Oct 17, 2024
  5. Sergio123

    Sergio123

    Its always been that way throughout history.

    Now you get to sit on your ass in front of a screen in a house that you rent from your own dummy corporation, and get food deliver and hookup visits on demand.
     
    #45     Oct 17, 2024
  6. ironchef

    ironchef

    Yes I am trying to get smart about trading and I am not a poor man.
     
    #46     Oct 17, 2024
    SimpleMeLike likes this.
  7. Hello ironchef,

    To be an ES Master Trader like myself you must have the following:

    1. Born in America and very very very extremely poor since a baby until your 20s or 30s. Extremely poor and raised in a Harsh and Violent community in America.

    2. Know the lifestyle of rich people, personally while being extremely poor. In other words, know someone enjoying life with +$1 million cash and refuse to share with you any secrets how they got the +$1million.
     
    #47     Oct 17, 2024
    ironchef likes this.
  8. ironchef

    ironchef

    OK I get it.

    But, I didn't say I am rich.

    For sure I am no ES Master, not even an Options Master like some ET option traders (e.g. wxy, ..., ...).
     
    #48     Oct 20, 2024
  9. The difference is that labor is a cost and will be reduced or eliminated. It is funny to see when utility rates jump up and labor and consumers get passed the new cost.A corporation would rather squeeze the little people then stand and fight an equal.. Manufacturing vs. Power companies. Only now are extremely large tech go nuclear. Change your skill set look for an opportunity and strike a death blow on profit taking.
    Akuma
     
    #49     Oct 27, 2024