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Thread: The Automation Spiral (obligatory loleconomics thread v2)

  1. #2041
    Venec's Avatar
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  2. #2042
    Liare's Avatar
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    Quote Originally Posted by Venec View Post
    yes
    Viking, n.:
    1. Daring Scandinavian seafarers, explorers, adventurers, entrepreneurs world-famous for their aggressive, nautical import business, highly leveraged takeovers and blue eyes.
    2. Bloodthirsty sea pirates who ravaged northern Europe beginning in the 9th century.

    Hagar's note: The first definition is much preferred; the second is used only by malcontents, the envious, and disgruntled owners of waterfront property.

  3. #2043
    Venec's Avatar
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    Quote Originally Posted by Liare View Post
    Quote Originally Posted by Venec View Post
    yes
    YES

  4. #2044
    Keckers's Avatar
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    Robinhood has removed several stocks from the app lol
    Look, the wages you withheld from the workmen who mowed your fields are crying out against you. The cries of the harvesters have reached the ears of the Lord of Hosts. You have lived on earth in luxury and self-indulgence. You have fattened yourselves for slaughter.

  5. #2045
    Alistair's Avatar
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    There are days I'm glad I'm not an investor. I think I've missed this entire "GameStop" story.


  6. #2046
    theBlind's Avatar
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    Quote Originally Posted by Joe Appleby View Post
    Quote Originally Posted by Lowa [NSN] View Post
    But thats the thing to take out of this, if you are not thinking about this stuff, not have a small budget that can be insta-yolo'd and is already set up to trade, chances you will look at this logically and do a move at the right time and dont lose (all) money is very slim (imho).
    That's more along the line what I meant. I am not set up to trade to begin with, and at the most that's what I would have considered the learning experience. Not how to make money by yoloing a stock because wsb said so.

    Tapapapatalk
    Up until today, I would have recommended DEGIRO for an initial setup. Fast and easy to do and no running costs. It's IMO a nice playground to setup, send your game money (seriously, this is EVE all over again: Don't invest what you can't afford to lose) there and be ready to play with it. Get actual experience.

    Given that so many brokers are currently giving their smallscale customers the middle finger and putting up artificial barriers, that recommendation might need reevaluation after this blows over. DEGIRO disabled market orders and stop-loss orders on GME and AMC for "customer protection" this morning.

    ---> Disabled stop-loss orders for customer protection <---

    Anybody know a good broker for a small investor?
    Tanks: theBlind[URBAD] (in my heart there will always be a place for [FAIL])
    Planetside2: [UBAD]theAngelic

  7. #2047
    Keckers's Avatar
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    The only good broker is a dead one
    Look, the wages you withheld from the workmen who mowed your fields are crying out against you. The cries of the harvesters have reached the ears of the Lord of Hosts. You have lived on earth in luxury and self-indulgence. You have fattened yourselves for slaughter.

  8. #2048
    rufuske's Avatar
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    Quote Originally Posted by theBlind View Post
    Quote Originally Posted by Joe Appleby View Post
    Quote Originally Posted by Lowa [NSN] View Post
    But thats the thing to take out of this, if you are not thinking about this stuff, not have a small budget that can be insta-yolo'd and is already set up to trade, chances you will look at this logically and do a move at the right time and dont lose (all) money is very slim (imho).
    That's more along the line what I meant. I am not set up to trade to begin with, and at the most that's what I would have considered the learning experience. Not how to make money by yoloing a stock because wsb said so.

    Tapapapatalk
    Up until today, I would have recommended DEGIRO for an initial setup. Fast and easy to do and no running costs. It's IMO a nice playground to setup, send your game money (seriously, this is EVE all over again: Don't invest what you can't afford to lose) there and be ready to play with it. Get actual experience.

    Given that so many brokers are currently giving their smallscale customers the middle finger and putting up artificial barriers, that recommendation might need reevaluation after this blows over. DEGIRO disabled market orders and stop-loss orders on GME and AMC for "customer protection" this morning.

    ---> Disabled stop-loss orders for customer protection <---

    Anybody know a good broker for a small investor?
    Jesus christ...

  9. #2049
    DerWish's Avatar
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    Quote Originally Posted by theBlind View Post
    ---> Disabled stop-loss orders for customer protection <---
    Isn't this the equivalent of saying:
    I put a hole in your condom to protect your family plans?

  10. #2050
    Venec's Avatar
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    haha fuck you little man

  11. #2051
    Joe Appleby's Avatar
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    Quote Originally Posted by theBlind View Post
    Quote Originally Posted by Joe Appleby View Post
    Quote Originally Posted by Lowa [NSN] View Post
    But thats the thing to take out of this, if you are not thinking about this stuff, not have a small budget that can be insta-yolo'd and is already set up to trade, chances you will look at this logically and do a move at the right time and dont lose (all) money is very slim (imho).
    That's more along the line what I meant. I am not set up to trade to begin with, and at the most that's what I would have considered the learning experience. Not how to make money by yoloing a stock because wsb said so.

    Tapapapatalk
    Up until today, I would have recommended DEGIRO for an initial setup. Fast and easy to do and no running costs. It's IMO a nice playground to setup, send your game money (seriously, this is EVE all over again: Don't invest what you can't afford to lose) there and be ready to play with it. Get actual experience.

    Given that so many brokers are currently giving their smallscale customers the middle finger and putting up artificial barriers, that recommendation might need reevaluation after this blows over. DEGIRO disabled market orders and stop-loss orders on GME and AMC for "customer protection" this morning.

    ---> Disabled stop-loss orders for customer protection <---

    Anybody know a good broker for a small investor?
    For Germany quite a few people talked about Trade Republic. Mobile only though but from Berlin and with a BaFin license. Getting set up seems to take a few days though. The German wsb like subreddit is r/mauerstrassenwetten.
    nevar forget

  12. #2052
    Keckers's Avatar
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    They're clearly shitting themselves right now.
    Look, the wages you withheld from the workmen who mowed your fields are crying out against you. The cries of the harvesters have reached the ears of the Lord of Hosts. You have lived on earth in luxury and self-indulgence. You have fattened yourselves for slaughter.

  13. #2053
    Lief Siddhe's Avatar
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    Good.

    I was somewhere around Old Man Star, on the edge of Essence, when drugs began to take hold.

  14. #2054

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    Quote Originally Posted by Keckers View Post
    Robinhood has removed several stocks from the app lol
    Blatant market manipulation by the brokerages. Disgusting.

  15. #2055
    Lowa [NSN]'s Avatar
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    Quote Originally Posted by Venec View Post
    Careful, posting revenge porn is illegal.
    Quote Originally Posted by Tarminic View Post
    I would create a dragon made out of vaginas. Then I would create a dragon made out of dicks. Then I would have them fight to the death.

  16. #2056
    rufuske's Avatar
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    Quote Originally Posted by Joe Appleby View Post
    Quote Originally Posted by theBlind View Post
    Quote Originally Posted by Joe Appleby View Post
    Quote Originally Posted by Lowa [NSN] View Post
    But thats the thing to take out of this, if you are not thinking about this stuff, not have a small budget that can be insta-yolo'd and is already set up to trade, chances you will look at this logically and do a move at the right time and dont lose (all) money is very slim (imho).
    That's more along the line what I meant. I am not set up to trade to begin with, and at the most that's what I would have considered the learning experience. Not how to make money by yoloing a stock because wsb said so.

    Tapapapatalk
    Up until today, I would have recommended DEGIRO for an initial setup. Fast and easy to do and no running costs. It's IMO a nice playground to setup, send your game money (seriously, this is EVE all over again: Don't invest what you can't afford to lose) there and be ready to play with it. Get actual experience.

    Given that so many brokers are currently giving their smallscale customers the middle finger and putting up artificial barriers, that recommendation might need reevaluation after this blows over. DEGIRO disabled market orders and stop-loss orders on GME and AMC for "customer protection" this morning.

    ---> Disabled stop-loss orders for customer protection <---

    Anybody know a good broker for a small investor?
    For Germany quite a few people talked about Trade Republic. Mobile only though but from Berlin and with a BaFin license. Getting set up seems to take a few days though. The German wsb like subreddit is r/mauerstrassenwetten.
    And it's a gold mine for quality memes I never thought germans are capable of producing. I recommend subbing even if you don't speak german.

  17. #2057
    rufuske's Avatar
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    Quote Originally Posted by Keckers View Post
    Robinhood has removed several stocks from the app lol
    So much for free markets? Eh...

  18. #2058
    Joe Appleby's Avatar
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    Trade Republic is down (German laws require banks to host their own stuff, same as in Switzerland), r/mauerstrassenwetten* is reporting that to BaFin, the German regulator.

    Should be interesting.

    *That name is a meme in itself. It is a literal translation of Wall Street Bets and follows the German Internet culture's trend of translating English terms, memes etc literally. If an English word has several possible translations into German, the absolute wrong one will be used. If the English word is in use as a loanword in everyday German? It is still translated. Mistakes are answered by insults.
    nevar forget

  19. #2059
    Lowa [NSN]'s Avatar
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    Quote Originally Posted by rufuske View Post
    Quote Originally Posted by Keckers View Post
    Robinhood has removed several stocks from the app lol
    So much for free markets? Eh...
    TIL: RH is owned by Citadel. I know nothing of this but halting normal users from trading while allowing teh established firms to continue must at least be a violation if not outright illegal.
    I am never letting go of my babies, I'm just mad that their pre-market manipulation didnt bring it down further so I could by 1 more share!
    Quote Originally Posted by Tarminic View Post
    I would create a dragon made out of vaginas. Then I would create a dragon made out of dicks. Then I would have them fight to the death.

  20. #2060
    Lowa [NSN]'s Avatar
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    Holy shit! It seems my trading site (avanza) is also keeping it locked right now (could be that they are just slow to start but that would be a terrible rating of their systems so...). This is rage building on a whole new level!!

    Edit: apologies, I got a head of myself, it seems you can trade but you only see that you can, and at what rate, when you actually go into Buy. Even that is a bit fucked tho.
    Edit2: Hmm...yeah...still not sure. If anything the metrics are not coming in as they should, some tables are getting updated others not. I sill look down -15% but real time on yahoo would have me up 15%!
    Last edited by Lowa [NSN]; January 28 2021 at 02:47:57 PM.
    Quote Originally Posted by Tarminic View Post
    I would create a dragon made out of vaginas. Then I would create a dragon made out of dicks. Then I would have them fight to the death.

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