#most profitable stock trading ideas
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aichatgpt · 1 year ago
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racefortheironthrone · 11 months ago
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Why do economists need to shut up about mercantilism, as you alluded to in your post about Louis XIV's chief ministers?
In part due to their supposed intellectual descent from Adam Smith and the other classical economists, contemporary economists are pretty uniformly hostile to mercantilism, seeing it as a wrong-headed political economy that held back human progress until it was replaced by that best of all ideas: capitalism.
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As a student of economic history and the history of political economy, I find that economists generally have a pretty poor understanding of what mercantilists actually believed and what economic policies they actually supported. In reality, a lot of the things that economists see as key advances in the creation of capitalism - the invention of the joint-stock company, the creation of financial markets, etc. - were all accomplishments of mercantiism.
Rather than the crude stereotype of mercantilists as a bunch of monetary weirdos who thought the secret to prosperity was the hoarding of precious metals, mercantilists were actually lazer-focused on economic development. The whole business about trying to achieve a positive balance of trade and financial liquidity and restraining wages was all a means to an end of economic development. Trade surpluses could be invested in manufacturing and shipping, gold reserves played an important role in deepening capital pools and thus increasing levels of investment at lower interest rates that could support larger-scale and more capital intensive enterprises, and so forth.
Indeed, the arch-sin of mercantilism in the eyes of classical and contemporary economists, their interference in free trade through tariffs, monopolies, and other interventions, was all directed at the overriding economic goal of climbing the value-added ladder.
Thus, England (and later Britain) put a tariff on foreign textiles and an export tax on raw wool and forbade the emigration of skilled workers (while supporting the immigration of skilled workers to England) and other mercantilist policies to move up from being exporters of raw wool (which meant that most of the profits from the higher value-added part of the industry went to Burgundy) to being exporters of cheap wool cloth to being exporters of more advanced textiles. Hell, even Adam Smith saw the logic of the Navigation Acts!
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And this is what brings me to the most devastating critique of the standard economist narrative about mercantilism: the majority of the countries that successfully industrialized did so using mercantilist principles rather than laissez-faire principles:
When England became the first industrial economy, it did so under strict protectionist policies and only converted to free trade once it had gained enough of a technological and economic advantage over its competitors that it didn't need protectionism any more.
When the United States industrialized in the 19th century and transformed itself into the largest economy in the world, it did so from behind high tariff walls.
When Germany made itself the leading industrial power on the Continent, it did so by rejecting English free trade economics and having the state invest heavily in coal, steel, and railroads. Free trade was only for within the Zollverein, not with the outside world.
And as Dani Rodrik, Ha-Joon Chang, and others have pointed out, you see the same thing with Japan, South Korea, China...everywhere you look, you see protectionism as the means of achieving economic development, and then free trade only working for already-developed economies.
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spacedkitty · 2 years ago
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I am fascinated that so many people didn't see this whole reddit debacle coming.
They will come for all your social media sites. For your media consumption sites. For your music apps.
Shareholders are playing hot potato with companies until the bills come due and then they are selling them off and the ones left are trying to make up their losses by charging for everything they can possibly imagine.
This is just where things have gotten. Most tech companies aren't profitable and probably won't ever be profitable, but they are traded on the stock market under the idea that they someday will be even when that's absurd and would literally wreck them to do so.
Business articles are talking about "growth" over profit constantly. "Future gains" supposedly outweigh "profit now". So these companies dump money into making themselves "great" and fancy (see: addictive and attractive) for free or for cheap so they can get all the users, because then they become worth a bunch. When they can't keep growing via users, they find ways to push more advertising, try to monetize the users a little, make it seem like they can squeeze that blood out of the stone. Then they try and sell before the bills come due so that when people finally start to realize that there's no way for the company to keep growing, they aren't left out of pocket, but whoever does get stuck with it wants to keep that growth going, so they add more bullshit. They cut account sharing, they add more tiers, they add more ads, they start charging for features that were free or included, they try make other companies pay them just to connect.
They are making things worse in the pursuit of artificial value. They are hoping they have enough of a monopoly on the way you interact that they can keep you hooked and paying their bullshit new fees and suffering through their ads so that they can recoup their losses.
This is going to keep happening.
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quackity1999 · 2 months ago
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"Investments in Las Nevadas, a massive profit in return."
Greetings, fellow readers who's interested in the succesful system of global trade, stock market and capitalism. It's been a while since we have produce an economic analysis of a country, and we don't have the liberty to discuss about our whereabouts.
Moving on, Las Nevadas, the newest addition of countries in the continent as we venture this glamorous city of lights in the desert.
We saw massive profits and entertainment everywhere for all people to serve with. According to our economic analysis and various interview from the employees of Las Nevadas stock market and National Bank.
A staggering increase 400% of foreign investments from other countries around the continent is being injected to Las Nevadas economy just for a single week. Ensuring the Las Nevadas currency is one of the raising and strong currency around the continent.
But that's not all future investors and winners, we decided to make an financial experiment as we invest 500 NVD on a local financial company in Las Nevadas. And just for 30 minutes the company stocks we bought have dramatically increasing to 150% increasing our former investment from 500 NVD to 100,000 NVD in just 30 minutes, this is a staggering successful of stock trading we have seen.
But the thing that shock us the most. Is who's leading this successful financial and well connected country?
It's former vice President of New L'manberg, and now President Quackity, ever since his first serving within New L'manberg government.
President Quackity is a open promoter of free market and global trade to bring the low economy of former country of New L'manberg, but alas.
Former President Tubbo, dismiss his ideas within the cabinet. We at the team of Ekonomists we're glad President Quackity didn't back down from his ideas.
As the scorching sun rise from dawn. Las Nevadas stand as one of the strongest financial country within the continent.
So what are you waiting for? Invest to the nearest Las Nevadas company in your country, or even better visit the country herself. So you can feel what being a successful person deserve to be treat with.
The Ekonomists, investment today, profit tomorrow.
. . oh, shit! that's a positive review for once. shoutout to the ekonomists, these guys know what's UP ‼️‼️😎😎
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trashytoastboi · 2 years ago
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Hello! May I please request a headcanon post about the Strawhats as travelling merchants?
Heyya! Sure thing 🍞 this was quite an interesting one to write! I won't deny that 90% of my merchant knowledge comes from Spice & Wolf 🤣🍀 hope you enjoy~
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Headcanons: The Straw-Hat's being travelling merchants
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Straw-Hat Crew
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Robin📚 The researcher. Market research, audience studies, target market, trends, demand and supply. Robin takes care of all of it. She is precise and proficient that she can usually guess a good investment and stock up on things before a massive price boom. She knows the location they are going to visit beforehand, she research the markets, what they have and what they need. Handles all official paperwork such as travel permits and declaration forms of their products and wares.
Nami🍊 Money and maps. The books, the profits, the expenditure. Not a single beri escapes her gaze. She often works on the books and focuses on how to maximize those profits so that the zeros only grow positively in the bank. She's in it to win it and will work alongside Robin whenever she sniffs out a good chance to make some coin. Nami also plans out the most efficient routes to their next destination.
Brook 🎻 Handles the advertising, he uses his skills with music to attract people almost like a pied piper. The music creates a soothing and pleasant atmosphere for the people who come around to shop and peruse the Straw Hats various wares. He leaves his hat out as a welcome for tips, Nami's idea of course.
Franky 🤖 Franky mostly handles repairs for the various wagons and carts the group need when travelling. He is usually there to handle appraisals as well, having a very good eye to see through bad materials. He creates mechanical knickknacks for sale and offers repair services for all sorts of things.
Usopp 🏹 The salesman could probably sell your own liver back to you. He has a silver tongue and a great well of flattery up his sleeve. Ussop is the best man for the job as he chats up every product perfectly, so much so that nearly everything he proclaims the greatness of will sell out. For every product he has a tall tale to go with it. Customers want value and sensationalism which Ussop knows very well.
Luffy 🍖 An unusual and strange charm that tends to draw customers and trouble. Luffy is the head of their little band of merchants and dictates where they go. A bit inconvenient as Luffy is very erratic and his paths are never linear, usually leading them to the most random location. Usually results getting into arguments with other merchants. A territorial dispute you could say. Though Luffy usually convinces those merchants to just work alongside them.
Sanji 🍽 Sanji is in charge of cooking meals for the Straw Hats as well as trading spices, making food to draw more customers by offering snacks and samples. He calls the shots on rare ingredients and whether it's better to trade them or cook them. A lot of returning customers are there for Sanji's food and his ever so convenient mixed spice packs.
Zoro ⚔ Zoro is not well versed in the matters of trade, nor bookkeeping and even making something to sell. So what he does handle is the security. Brawn is his literal strong suit and he works hard to protect the merchants, their wares and any apparatus. There usually aren't any problems, because Zoro takes care of them quickly. If its too overwhelming a few others would step in but thus far a situation where it's been too much has not arisen.
Jinbei 🥋 Jinbei is in charge of driving the wagon and heading the wagon train. He coordinates the setting up of their little market area. Works closely with Nami when planning routes as Jinbei takes all the obstacles into account when travelling. Also being one of the more amicable and well versed members, he handles negotiations for locations and permissions to set up a campsite doubled traveling shop.
Chopper 🍭 Medicine and Animals. Chopper makes various salves, medicines, and ointments for a wide variety of things. In fact Miracle Medicine is not too far off to describe the health tonics he creates. They are one of the best sellers that the Straw Hat merchant group has to offer. Chopper also takes it upon himself to look after the animals that help with pulling the wagons when they travel on land, as well as offering free medical check ups for anyone that seeks one.
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lunarsilkscreen · 6 months ago
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Troubleshooting Chart of Housing Prices
I watched a [Wired] video article that tries it's very best, but ends up sounding like an AI generated rehashing of talking points the author doesn't really care about.
So, How did I come to my conclusion in the [Homeless for Profit] article?
If we're looking at a problem like "Cost of Housing" we need to first look at what the actual problem is;
People cannot afford permanent stable housing. Permanent *here* I'm defining as "Indefinite". Where most other places define "Permanent" as roughly a year or two.
What this means is I exclude "Rentals" on purpose, because *by that definition* renting is *NOT* a permanent solution.
#edit; I had to clarify the following section from previous version.#
This forms the basis of "Rent to Own, not Own to Rent".
Why? Because a landlord typically won't allow indefinite stay AND program that help pay rent are temporary, and once the funding runs out; the landlord has to decide if they'll rely on the renter's ability to continue paying or not.
Not only that; Renter's Rights and Squatter's rights afford a renter the ability to own the property after a certain timeframe of continuous rent and home improvements ALONGSIDE eviction protections which landlords do their best to ensure that a renter has no right to invoke by purposefully limiting their stay.
Because excessive rental properties, and properties that continually rotate out occupants in order to pay for a landlord's bills *and* not be used for permanent housing increasing cost of homes, loans, AND rent.
It's effectively a legalized Ponzi Scheme. Where somebody with adequate credit can take a loan to buy a property to rent, using the other end of these programs intended to support the homeless, and then pay off their loan, and keep the equity that the renter paid for.
The idea is either they sell it again, not at the same price mind you; but at whatever the current market price is.
And if you've been watching housing prices; they're going up. Even when there's a literal crisis. (ESPECIALLY WHEN)
The Wired article, and many like it; talk about "Luxury Development" and "Condos for rent" which places the onus of blame square on Millenials for "Not wanting cheaper houses".
Keep in mind; there are no cheaper houses. The blanket price is relative. The same price in rural Alabama as New York City.
And the property in Rural Alabama may as well be considered luxury in comparison.
This is what people are complaining about.
And why the idea of "Rent to Own" is gaining traction. The idea being; if you're going to rent a property; the equity being built up should be going to the person footing the bill.
The argument is always "Well the Owner is taking a Risk by taking the loan". The Risk is the lose of the property they purchased with that loan. Nothing else.
If they stopped paying, they'd loose the house, and get to keep all the rent.
So who is taking the risk?
You could say a home developer... Who spent money to build a property, and so they're taking a Risk by renting it...
But keep in mind; they're renting competitively. They're getting the same payment without needing to worry about a loan.
The risk they took was building the property; and all they need to do is sell it, and invest it into some blue chip stock with dividends.
You'd get much better returns that way. With the same "Risk". Seriously.
And that's where we're at. Right there, the cause of Supply dwindling, and Demand increasing, because *some people* don't want to really work a technical trade.
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transgenderer · 2 years ago
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The domestication of the Syrian hamster began in the late 1700s when naturalists cataloged the Syrian hamster, also known as Mesocricetus auratus or the golden hamster. In 1930 medical researchers captured Syrian hamster breeding stock for animal testing. Further domestication led this animal to become a popular pet.
The Syrian hamster's natural habitat is in a small region of Northwest Syria near the city of Aleppo.[1] It was first described by science in the 1797 second edition of The Natural History of Aleppo, a book written and edited by two Scottish physicians living in Syria.[2] The Syrian hamster was first recognized as a distinct species in 1839.[3] In 1930, a scientist seeking animal subjects for medical research had the first Syrian hamsters captured to become laboratory animals.[4] Scientists bred those hamsters and during the 1930s sent their descendants to various other laboratories around the world.[5] By the late 1940s in the United States, a commercial hamster industry had begun to provide hamsters for laboratory use and at the same time to popularize hamsters as pets.[6] In later years, further expeditions back to Syria captured other hamsters to increase genetic diversity among the populations of hamsters shared among breeders.
Wild Syrian hamsters become tame in a matter of days after being captured and handled by humans.[7] Wild hamsters are quick to adapt to captivity and thrive in a laboratory setting.[7]
Albert Marsh of Mobile, Alabama established the commercial hamster industry in the United States in the 1940s.[30] Marsh first got a hamster when he was gambling and won it in a wager.[24] Somehow he got more hamsters after this one, perhaps from the breeding stock managed by Guy Henry Faget in Carville, Louisiana.[24] At the time, Marsh was a highway engineer but unemployed.[24] After getting his hamsters, he learned to breed them and founded Marsh Enterprises and the Gulf Hamstery, which promoted Syrian hamsters as pets, for laboratory use, and in business schemes.[24] Marsh took advertisements in magazines, comics, and livestock trade journals which praised hamsters as pets and presented the idea that breeding hamsters was a good business investment.[24] In his business, he shipped hamsters to people who would be breeders, then he coordinated the shipment of various breeders' hamsters to other breeders or to laboratories.[24]
Marsh was successful in part because of the professionalism he brought to the art of hamster husbandry. He authored a book, The Hamster Manual, which had a distribution of 80,000 copies by its 6th edition in 1951.[24] In 1946, Marsh began a campaign to legalize the ownership of hamsters in California, which were prohibited. On 10 February 1948, with the help of the governor of Alabama and others, Marsh was successful in convincing the California State Department of Agriculture to designate Syrian hamsters as "normally domesticated animals".[19]
The hamstery business peaked from 1948-1951 then profitability dropped to almost nothing in the early 1950s.[31] The market changed when small hamsteries, most of which started with hamsters from Marsh, became available everywhere and satisfied local demand for pet hamsters.[31] Marsh's Gulf Hamstery closed in the 1950s.[31]
hamsters only became pets in the 40s...
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hekate1308 · 1 year ago
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And That Special Quiet On Christmas Morn, A Destiel Advent Calendar December 1
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Masterpost
It was far from the first time Sam had asked Dean to accompany him to an auction. Came with him being a woodworker and knowing good furniture when he saw it. In truth, Dean would have preferred to gift him every single piece he needed for his office, but Sam was absolutely against that because “You need to make a profit, Dean” but since he was not ready to accept money from family, this was a compromise.
Plus, Sam hadn’t been able to say no to Dean making his desk, at least, and some of his clients and colleagues had actually asked for his number after seeing it, so…
Still, Sam wouldn’t be gainsaid when it came to certain topics, so here they were once more so he could get a new (well, old) cabinet.
Anyway, it also meant spending more time with his brother. And he was never going to say no to that.
“Say what you want” he couldn’t help but announce in the showroom, although he lowered his voice when he noticed several official-looking people around “but most of this is garbage.”
“I was thinking it might be, but that’s what I’ve got you for” Sam simply replied in the same tone.
They came across a desk where someone had decided to carve some… interesting decorations on the legs, and traded a glance. Sam struggled to keep decorum, being an ace lawyer and all, but Dean didn’t bother to hide his smile.
And that was when he happened to see the painting.
Now, normally when it came to these auctions or exhibitions or wherever Sam wanted to take him, he didn’t pay much attention to anything but the furniture. He knew why he was there, after all. But somehow, when he raised his head and noticed the painting, he was drawn to it.
Before he knew it, he was standing in front of the wall where it hung, staring at it.
Now that he was so close, all in all… it was nothing special. It was a painting of a man standing in a non-descript city. He had dark hair and blue eyes (very blue eyes – as his friend Crowley would have teased him, that was probably why Dean had noticed the piece of art in the first place) and the shine from the street lamp he stood under made it seem like he had a halo.
It was not a bad painting, as far as he could tell with his limited experience, but it probably wasn’t what one would have called a masterpiece either. Still, there was something about it…
“Dean?”
He turned his head to find Sam looking at him, clearly puzzled.
“I –“ he cleared his throat, having no idea how to explain, then gestured towards the wall. “Not bad, is it?”
Sam, who’d taken an art class in college (which Dean always held didn’t count for much because he had mostly done it to meet girls) turned his head and studied it. “I suppose not. Nothing to write home about, but…”
He shrugged. “I just thought it looked neat, is all.”
Sam nodded, apparently satisfied. “Come on; the auction is about to begin.”
---
The auction went as these things always did. There were the professionals, hoping to stock up their warehouses or stores; those pretentious ones who believed they knew what they were doing and might find a bargain; and normal people like Sam and Dean who were just looking for something they needed.
Sam got the cabinet they had been eying – naturally, he had to be persistent with his job – and sat back, clearly happy enough. Now they just had to wait out the rest of the auction.
Yet somehow, Dean grew more and more nervous the more time passed.
He didn’t know why until the painting – truly the painting, for he would late realize that for him, there really had only been one there, he wouldn’t have been able to describe any other that he had seen – was carried onto the stage.
He looked at it again. Well, he hoped whoever bought it would find a nice place to hang it up instead of locking it away in a safe, as some of those millionaires one heard about were wont to do…
He raised his hand without meaning to. Or rather, his hand went up when the auctioneer called out, clearly to Sam’s surprise.
He very resolutely did not look at his brother as he bid against a little old lady who seemed determined.
But suddenly Dean realized he was as well – more than that – he had to have the painting. It was meant for him.
In the end, he managed to bid 200 dollars – luckily he’d had a few big orders lately – and won.
He let his hand sink, still not catching Sam’s eyes.
What had just happened?
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I mean Lee Seunggi went through shit with Hook for 18 years and no one outside the industry had any idea until dispatch’s exposé, so BigHit or Hybe being shady wouldn’t be a surprise…
I think they’ll re-sign because BigHit have enough shit on all of them to sink them, the only reason it might be dragging a little now is because some of the guys probably also have something up their sleeves. I’m no company hater, but it’s basic stuff, if it were all roses and sunshine, there wouldn’t be so many “we hope” statements being thrown around, especially by Bang himself, who doesn’t prevaricate.
This is not the same situation...
Lee Seunggi, signed with Hook in 2004 when slave contracts were prolific, but his dispute with Hook was mostly about money not mistreatment, despite what he says in his own statement...
For years it appears that Hook misled him about how much profit he was earning and had hung his idol training debt over his head.
BTS and BigHit it different, BigHit didn't pass on any debt to BTS when they debuted and when BigHit started to be profitable BTS started receiving royalties.
Most Entertainment companies in Korea are private companies who can hide profits and do dodgy things. Whilst big companies who are publicly traded can also be dodgy, they are bound my market regulations, we know this because just this week the regulator will be closely looking at Kakao and SM's recent dealings. If anything is untoward no merger.
HYBE has investors who need to be kept happy and what keeps them happy is high stock price and big profits. BTS is crucial for that to continue at HYBE, so in order for HYBE to flourish it needs BTS. So why would HYBE fuck up their relationship with an Artist by threatening them, because I don't think these boys would tolerate that. Remember these were the same boys who almost disbanded back in 2018.
No BH isn't blackmailing the boys to sign and nothing they've done so far comes off as shady. People presume shady shit because of issues with other companies. Plus, would a company led by Bang PD shit on the boys, you know the same Bang PD who supported Jo Kwon the queer K-idol of 2AM, by also giving them their first pair of high heels.
I do think you're partially right, though, that the boys (all of BTS) are being tough with negotiations, but I think it's because they want a good deal that benefits them.
I still think by 2025/26, when the boys return we'll get an announcement of contract extensions.
And... @nonalisa @lullaby-of-taekook @taekookgotjamz This is my partial thoughts on contracts, I'm still composing a more thorough post.
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swiftqash · 1 year ago
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dailygong1 · 2 years ago
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Exploring the Top Trading Platforms for Investors: A Review of Daily Gong
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Trading platforms have become increasingly popular over the years as more and more people are looking to invest their money in the stock market. With so many options available, it can be difficult to determine which trading platform is the best fit for your needs. In this article, we will take a closer look at Daily Gong, a trading platform that has been gaining popularity in recent years.
Daily Gong is a trading platform that was designed specifically for retail traders. The platform offers a user-friendly interface that is easy to navigate, even for those who are new to trading. One of the biggest advantages of Daily Gong is its low fees. The platform charges a commission of just $0.50 per contract, making it one of the most affordable trading platforms on the market.
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scotianostra · 2 years ago
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29th March 1958 saw the death of Sir William Burrell.
William Burrell, the shipping magnate who amassed a giant art collection and then gave it away, is perhaps both one of the best-known names and least-known characters in Scottish philanthropy.
I first  learned of William Burrell through my mum in the early 80’s, he was born into a shipping family and ran the business with one of his brothers, George after his fathers death.
In 1876 William entered the firm at the age of 15, and on his father’s death in 1885 he and his eldest brother George took over the management. the firm was already prospering, but under their shrewd direction it reached a position of international standing in worldwide tramping and in ship management.
The Burrell brothers undoubtedly had the Midas touch. George kept abreast of developments in marine engineering while William specialized in the commercial side. Their fortunes were based on a steady nerve, foresight and breath-taking boldness. The formula was quite simple. In times of depression they would order a large number of ships at rock-bottom prices, calculating that the vessels would be coming off the stocks when the slump was reaching an end. Burrell and Son was then in a position to attract cargoes because it had ships available and could undercut its rivals. Then, after several years of highly profitable trading, the brothers would sell the fleet in a boom period and lie low until the next slump occurred,  it was a simple idea for them and very shrewd, none of their rivals were brave enough to take the risk and the firm went from strength to strength. It was when the firm were at there peak William became one of the most important collectors in Scotland. His interest in art went back to his youth. While still a boy he was already buying pictures, although he used to say in later years that their chief value lay in the frames. 
Although it is not known what sparked off Burrell’s love of art, there were plenty of opportunities in late 19th century Glasgow for him to form his tastes. A number of collectors were to be found amongst the wealthy Scottish industrialists and shipowners of the time.
  An estimate of Burrell’s early interests can be obtained from his loans to the Glasgow International Exhibition of 1901, when he was the largest single lender with more than two hundred works. Their range and scope show that he was already a collector of major standing. They included medieval tapestries, ivories, wood and alabaster sculpture, stained glass and bronzes, Roman glass, 16th and 18th-century Dutch, German and Venetian table glass, silver, furniture and Persian rugs. The paintings are by too many artists to mention here without it looking like a shopping list, but Whistler, Manet and Monticello were among his purchases.
  Between 1901 and 1911 little is known of Burrell’s collecting, apart from his acquisition of some fine pictures, including his first Degas. Unfortunately, at the same time he was selling as well as buying, a policy he was to continue even after the sale of the fleet had removed any major financial restrictions on the scale of his spending on art. In 1902, for example, he sent nearly forty pictures for auction, and among those sold were paintings by Daumier and Manet which are now in the United States.
From 1911 until 1957 Burrell kept detailed records of his expenditure in twenty-eight school exercise books. He made almost all the entries himself, except during the last few months when failing eyesight compelled him to delegate the task to others. These purchase books are an invaluable record of the astounding range and scale of his collecting. Although the entries tend to become more detailed as the years go by, the basic format was established on the first page of the first book. There are separate columns for date of acquisition, description, from whom the item was acquired, its price, date of delivery, insurance and whether photographed. The last column is headed “All in Order” and usually has Burrell’s initials.
Burrell was never an easy client. He was strong-minded, liked to haggle over prices and could be very cautious., well what would you expect from a canny Scot! Even dealers with whom he had done business over some years would find him seeking a second opinion on an object they were attempting to sell him. His collection is only bettered by some of the major museums across the British Isles.
  Until about 1930 Burrell seems to have been buying merely for his personal enjoyment, with no thought of forming a collection which would be kept together after his death. Until then he continued to sell or exchange paintings, but in the 1930s he formed the idea not only of having a permanent collection but of handing it over to public ownership. Burrell had discussions with a number of interested parties regarding the disposal of the Collection, and eventually, in 1944, it was donated to Glasgow, the city of his birth and centre of his business activities, in the names of himself and and his wife.
A few years later he gave the then Glasgow Corporation £450,000 for the construction of a building in which the Collection was to be housed and displayed. The terms of the Deed of Gift as regards this building, however, presented difficulties. Burrell stated that it should be within four miles of Killearn in Stirlingshire and not less than sixteen miles from the Royal Exchange in Glasgow. He felt that the Collection would appear to best advantage in a rural setting and was also deeply concerned at the harm which could be caused by the high levels of air pollution then prevailing over Glasgow. The councillors and Corporation officials were aware of the problems in, firstly, finding a suitable site and then in administering a museum so far removed from the city, but attempts to persuade Burrell to make his conditions less stringent met with little success. Various sites were considered, but the issue was still unresolved at the time of Burrell’s death. It was only nine years later, in 1967, when Mrs Anne Maxwell Macdonald presented Pollok House and estate to the City of Glasgow, that a site was at last found.
Sadly, he did not live to see them in the gallery in Pollok Park, where they form such an important feature. He died at Hutton Castle on 29th March 1958, at the age of 96.
A design competition for the museum building in 1971 was delayed by a postal strike, allowing time for the eventual winning architect  Barry Gasson. I have no idea why it took so long to actually get it built, but it’s size was maybe a factor. The building is the second largest post war building in Scotland, the abandoned St  Peter’s Seminary at Cardross being the largest. The Burrell Collectioned opened it’s doors in 1983.  So far, more than 1.3 million people have visited exhibitions
The Burrell Collection closed to the public in October 2016 in order to embark on a programme of refurbishment. It was reopened last year, after covid caused delays.
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noellevanious · 1 year ago
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This is a really good read! I do wanna clarify though -
what the article used the coined term "enshittification" is the direct effects of capitalism.
as I'm sure my followers are sick of hearing me drone on and on about, Capitalism relies on what its name suggests - Capital. Not just current profits in the moment. Infinite profits. Constant revenue generation.
Because Capital Holders (read: stock holders, think the kind of guys Patrick Bateman's character in American Psycho is a pastiche of) want to see returns on their investments. They gave the company money. They have power over it. If the company stops Generating a Profit for them, then they pack their bags and go home, leaving the company to die and whither, because once one leaves, they all start leaving.
This is also why the idea that "we (internet users) had it good for too long" is patented bullshit. The only Genuine Positive we got out of the Capitalistic Machine sinking its teeth into the internet was the exponential improving of internet speeds and introduction of internet systems like Fiber. Everything else was very clearly done in purpose - companies/sites operate without profit because they're trying to get a foothold and start Generating Revenue, usually with the endgoal of gaining a Monopoly in their area of business. It was, is, all intentional.
But while that's the end-goal, it's not the literal end for them. They still have to keep generating profits - more profits than ever, because the standards are higher, now that they have higher value, there are more stockholders, and/or their stocks are worth more.
It's a perpetual machine that objectively can never - will never - work. It's a fundamentally broken system. The core of the system isn't "trading money for goods and services of equal value", it's "money is power, so try to gather the most power with the least amount of effort/input".
tumblr trying to be like tiktok then trying to be like twitter then giving us the 3rd unreality inducing immersive ad, its staff members being condescending to the userbase, the marketing team trying to parasocialize their way into your pockets, youtube trying to do away with adblockers after upping the percentage of ads by 40% and making it so even if your video is demonetized watchers will still get them, youtube removing the dislike button then making it so you don't get a home feed if you have watch history turned off, google being able to remove your synched bookmarks if they don't comply with their policy, if i listed every way in which twitter has gotten worse in the last year this post will be as long as a novel, ai generated articles and images everywhere, google searches sucking ass in general, reddit charging for its api, KOSA being introduced into the US senate, tiktok in general, every social media under the fucking sun introducing log in walls, being unable to browse most sites on mobile from the sheer amount of popups taking over your screen WAUUUGH social media being products and thus requiring infinite growth and thus trying to introduce newer and newer shit that alienates its dedicated userbase. saturated sludge era of the internet
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traderscircuit7676 · 16 days ago
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Finding the Best Stocks to Swing Trade with Expert Trade Ideas
Swing trading is a popular strategy for investors looking to capitalize on short- to medium-term price movements. To successfully engage in swing trading, having access to high-quality trade ideas is essential. These trade ideas can help investors identify the best stocks to swing trade by analyzing trends, market patterns, and price volatility. In this article, we’ll explore how the right trade ideas can unlock opportunities and guide you toward the most profitable best stocks to swing trade.
What Are Trade Ideas?
Trade ideas refer to specific recommendations or suggestions for buying or selling a stock based on in-depth analysis. These ideas are typically rooted in technical analysis, which looks at price charts, patterns, and other indicators to predict potential price movements. Fundamental analysis, focusing on a company's financial health and growth prospects, is also considered.
For swing traders, trade ideas help identify stocks that show promise for short-term price swings. Since swing trading typically involves holding positions for a few days to several weeks, it’s important to find stocks that are poised for significant movement within that time frame.
How to Identify the Best Stocks to Swing Trade
Finding the best stocks to swing trade requires careful research and analysis. Swing traders often look for stocks with high volatility, solid momentum, and market catalysts that could trigger price swings. Some common criteria used to identify the best stocks to swing trade include:
Technical Indicators: Tools like moving averages, RSI (Relative Strength Index), and MACD (Moving Average Convergence Divergence) help traders spot stocks with the potential for price movements.
Market Trends: Observing the overall direction of the market and specific sectors can guide traders to find stocks that are likely to perform well.
Recent News: Earnings reports, product launches, or changes in leadership can create opportunities for swing trades.
By using these criteria, traders can find stocks that are ready to make a significant move, allowing them to enter positions at the right time for maximum profit.
Why Expert Trade Ideas Matter
While it’s possible to identify potential best stocks to swing trade on your own, having expert trade ideas can significantly improve your chances of success. Professional advisors and seasoned traders use their expertise and access to market data to find stocks that are likely to offer profitable price swings. These experts stay on top of market trends, news, and technical indicators, offering well-researched ideas that can save you time and reduce risk.
Expert trade ideas can also help mitigate the emotional decision-making that often hinders traders. By relying on solid, data-backed suggestions, you are more likely to follow a disciplined approach to trading.
Conclusion
To succeed in swing trading, having access to quality trade ideas is crucial. These ideas help traders identify the best stocks to swing trade, ensuring that their investments have the potential for short-term gains. Whether you’re a new swing trader or an experienced investor looking for fresh ideas, leveraging expert advice and analysis can lead to better trading decisions and more profitable outcomes.
By focusing on well-researched trade ideas and using the right tools to identify the best stocks to swing trade, you can increase your chances of success in the fast-moving world of swing trading.
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starseedfxofficial · 23 days ago
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Decoding the McClellan Summation Index: The Hidden Mean Reversion Strategy The Secret Sauce to Forex Success Imagine you’re trying to predict the market with the same tools everyone else uses. It’s like playing poker when everyone’s sharing the same deck of cards—you’re relying on luck more than strategy. Enter the McClellan Summation Index, a tool that feels like the secret cheat code to market trends. Pair it with mean reversion strategies, and you’ve got a recipe for turning missed opportunities into market gold. Today, we’ll explore how these two powerful concepts can help you sidestep the common pitfalls of trading and unlock hidden market patterns. Why the McClellan Summation Index is a Game-Changer Breaking it Down: What Is It? The McClellan Summation Index (MSI) is like a Swiss Army knife for traders. Derived from the McClellan Oscillator, it’s a breadth indicator that analyzes the cumulative net advances of stocks over time. It’s widely used in equity markets but can be adapted for Forex to gauge market sentiment—an often overlooked hack by retail traders. Think of It This Way: The MSI works like a metal detector for overbought or oversold conditions, signaling when a currency pair might be ready for a reversal. While most traders focus on price charts, the MSI lets you analyze market health from a broader perspective. It’s like spotting a storm coming while others are enjoying a sunny day. Mean Reversion: The Art of Predictable Profits What is Mean Reversion, Really? Mean reversion is based on the idea that prices eventually return to their average over time. It’s not about catching every high and low but about exploiting predictable behaviors. Think of it as that one friend who always overpacks for trips—you know they’ll bring things back to balance eventually. How It Works in Forex: Currency pairs, like EUR/USD, often swing too far due to overreactions. Mean reversion helps traders profit from these deviations by identifying when to “bet on the comeback.” Combine this with MSI, and you’ve got a strategy to outsmart trend-followers. Ninja Tactics: Combining MSI and Mean Reversion Step 1: Identify Extremes Using MSI When the McClellan Summation Index hits extreme high or low levels, it’s like a neon sign flashing “Opportunity Ahead!” Pair this signal with mean reversion to determine when to enter or exit trades. Pro Tip: Look for divergence between the MSI and price action. If the MSI shows weakening momentum while prices are still trending, a reversal may be imminent. Step 2: Overlay RSI for Confirmation Use the Relative Strength Index (RSI) to confirm mean reversion opportunities. For example, if RSI is oversold and MSI is at a low, it’s a double confirmation to go long. Step 3: Backtest for Reliability No strategy is complete without rigorous backtesting. Test the MSI-Mean Reversion combo on historical data to find optimal thresholds for your trades. Use tools like MetaTrader or TradingView for detailed analysis. Why Most Traders Get It Wrong (And How You Can Avoid It) The Pitfall of Over-Reliance Many traders misuse MSI as a standalone indicator. That’s like using a map without a compass. MSI is a guide but needs complementary tools like RSI, moving averages, or Fibonacci retracements to fine-tune its effectiveness. FOMO: The Trader’s Worst Enemy Jumping into trades based on MSI extremes without waiting for confirmation often leads to losses. Remember: patience is not a virtue in Forex—it’s a necessity. Real-World Case Studies: MSI Meets Mean Reversion Case Study 1: The EUR/USD Rebound In early 2023, EUR/USD showed an MSI low combined with RSI oversold conditions. Traders who acted on this confluence netted a 3% gain within two weeks as the pair reverted to its mean. Case Study 2: GBP/JPY’s False Breakout GBP/JPY exhibited an MSI divergence while prices hit a resistance level. Savvy traders using mean reversion avoided the fake breakout and profited as the pair retraced 150 pips. The Hidden Formula for Consistent Wins - Follow MSI Trends: Use MSI to identify market sentiment and extremes. - Combine with Mean Reversion: Look for reversion opportunities when MSI signals align with oversold/overbought conditions. - Confirm with RSI: Add RSI or another momentum indicator for added precision. - Backtest Religiously: Develop a trading plan that incorporates these tools and backtest it across different pairs and timeframes. Your Next Steps The McClellan Summation Index and mean reversion aren’t just tools—they’re secret weapons. Use them wisely, and you’ll find opportunities that most traders overlook. Want to take your skills to the next level? Explore our exclusive resources: - Latest Forex News: Stay ahead of the market. - Forex Education: Master advanced strategies. - Community Membership: Join like-minded traders. - Free Trading Plan & Journal: Optimize your strategy. - Smart Trading Tool: Simplify your trading process. —————– Image Credits: Cover image at the top is AI-generated Read the full article
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traderscircuit1234 · 25 days ago
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Unlocking Success in Trading: SEBI-Registered Investment Advisors, Trade Ideas, and the Best Stocks to Swing Trade
Swing trading has become a popular strategy for traders looking to capitalise on short-to-medium-term price movements in the stock market. Achieving consistent success in swing trading, however, requires a combination of professional guidance, advanced tools, and an understanding of high-potential stocks. This article highlights the importance of working with a SEBI registered investment advisor, leveraging platforms like Trade Ideas, and identifying the best stocks to swing trade for optimal results.
Why Consult a SEBI-Registered Investment Advisor?
A SEBI-registered investment advisor is certified by the Securities and Exchange Board of India to provide expert financial guidance. Their registration ensures that they adhere to strict ethical and regulatory standards, making them a trustworthy choice for traders and investors.
Benefits of Working with SEBI-Registered Investment Advisors:
Tailored Financial Advice: Advisors offer personalized strategies based on your financial goals and risk tolerance.
Regulatory Assurance: Their adherence to SEBI guidelines guarantees unbiased and transparent advice.
Comprehensive Market Analysis: SEBI-registered advisors use advanced tools to analyze trends and recommend high-potential stocks.
Risk Management: They help you mitigate risks by providing effective entry and exit strategies.
If you’re a swing trader, these professionals can provide valuable insights into the most promising stocks and strategies to maximize your returns.
Using Trade Ideas to Enhance Swing Trading
Trade Ideas is a cutting-edge stock analysis platform that uses artificial intelligence to identify profitable opportunities in the market. For swing traders, this platform is a game-changer, offering a range of tools to streamline decision-making.
Features That Make Trade Ideas Ideal for Swing Trading:
AI-Powered Insights: The platform’s AI assistant, Holly, scans thousands of stocks to highlight the best trading opportunities.
Customizable Stock Scanning: Create filters based on criteria like price action, volume, and technical indicators to find swing trade candidates.
Real-Time Alerts: Stay updated on price movements and trade setups that match your strategy.
Backtesting Tools: Test and refine your swing trading strategies using historical market data.
Educational Resources: Access tutorials and webinars to enhance your trading knowledge.
With Trade Ideas, swing traders can quickly identify stocks with the potential for significant price movements and make informed trading decisions.
How to Identify the Best Stocks to Swing Trade
Finding the best stocks to swing trade requires a combination of research, technical analysis, and market insights. Here are some key characteristics to look for in swing trade candidates:
High Liquidity: Focus on stocks with high trading volumes to ensure smooth entry and exit.
Volatility: Choose stocks with enough price movement to capitalize on swings.
Strong Trends: Look for stocks in well-defined upward or downward trends.
Earnings Reports: Monitor upcoming earnings announcements, as they can create significant price movements.
Sector Momentum: Identify sectors experiencing bullish or bearish momentum to find potential opportunities.
Platforms like Trade Ideas can simplify this process by scanning the market for stocks that meet these criteria.
Combining Expertise and Technology for Swing Trading Success
The key to successful swing trading lies in combining expert guidance with advanced tools. Here’s how you can use these resources effectively:
Consult a SEBI-Registered Advisor: Get personalized advice on which stocks to trade and how to manage risk.
Leverage Trade Ideas: Use the platform’s AI-driven insights and customizable scanning tools to identify profitable trades.
Conduct Research: Stay informed about market trends, sector performance, and company fundamentals.
Test Your Strategies: Use backtesting tools to refine your approach and improve your trading success rate.
This holistic approach ensures that you’re equipped with the knowledge and tools needed to maximize returns while minimizing risks.
Conclusion
Swing trading offers significant profit potential for traders who approach it with the right strategies and tools. By working with a SEBI-registered investment advisor, utilizing Trade Ideas, and focusing on the best stocks to swing trade, you can improve your trading efficiency and achieve consistent success.
Start integrating professional guidance and AI-powered analytics into your trading journey today, and unlock the full potential of swing trading.
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