EU wasn’t showing a clear setup so decided to trade gold. I’ve been eating off 1R trades and set the limit as a guaranteed target since I’d be away from the screen.
This is one I wish I could get back lol a win’s a win though, we move on.
Under capitalism, each generation buys up the available assets—shrinking supply, driving demand, and pushing prices higher. Older generations get in earlier than you and their net worth grows as values climb. Take housing: the median home price in 1970 was $17,000 ($122,000 adjusted for inflation), while today's median exceeds $400,000. That's over a 200% increase. They also work to preserve it through zoning restrictions, credential requirements, and regulatory capture.
By the time the next generation enters the market, they’re priced out of those same assets. To build wealth, they have take on massive amounts of debt to buy assets like housing, build their own businesses from scratch, or create entirely new asset classes like crypto.
At the same time, the money supply keeps expanding, diminishing the value of whatever cash younger generations hold. The result is a cycle where each generation starts further behind, has to innovate to keep up, and carries more financial risk.
Do you see this as a problem? What's the endgame?
This post is about China. I’m not sure why so many socialists argue that it’s a socialist country.
China has billionaires. It has a stock market. It has private corporations competing for profit. Workers sell their labor for wages. Foreign investment is welcomed and protected. Property rights are legally enforced. Wealth is accumulated, invested, and inherited. The economy runs on profit motive.
It’s literally capitalism. The government claiming socialism doesn’t make it socialist any more than Nazi Germany calling itself socialist made it socialist.
In theory they don’t. In practice, neither has ever worked any other way.
The system creates the incentives. If capitalism doesn’t require infinite growth, point to a capitalist country that isn’t structurally built around it.
Capitalists often try to discredit wealthy socialists as hypocrites and act as if markets are unique to capitalism.
There’s nothing about “workers own the mean of production” that stops someone from building web apps, or day trading the foreign exchange market for a living, or making millions while streaming games, or writing a best selling book, etc.
You can get rich if you earn it and aren’t exploiting others. Markets and self employment overlap both capitalism and socialism.
For me, it’s trusting the analysis and holding full volume to TP.
I was in a MyForexFunds evaluation and kept screwing myself by cutting trades short, taking so much on partials that a 5R became 2R, or moving to BE too quick and getting stopped out.
The analysis was right every time but I was sabotaging myself and down 4%. So I decided to hold full volume to TP or take the L.
I forced myself to stare at the PnL and not touch a thing. It took everything in me not to close out or modify the trades. My heart would be racing and I would legit feel uncomfortable lmao
But I started having big winners and brought the eval back from -4% to passing both phases. Got funded with a 50k account.
For me, it’s trusting the analysis and holding full volume to TP.
I was in a MyForexFunds evaluation and kept screwing myself by cutting trades short, taking so much on partials that a 5R became 2R, or moving to BE too quick and getting stopped out.
The analysis was right every time but I was sabotaging myself and down 4%. So I decided to hold full volume to TP or take the L.
I forced myself to stare at the PnL and not touch a thing. It took everything in me not to close out or modify the trades. My heart would be racing and I would legit feel uncomfortable lmao
But I started having big winners and brought the eval back from -4% to passing both phases. Got funded with a 50k account.
$2700 in repairs covered*
Within 15min of the delivery driver leaving I heard this. Took it to a in-network dealer the next day and they performed an inspection.
All of the brakes and rotors needed replaced along with some other things. It came out being $2700 in repairs. It was clearly not inspected well.
The claim was filed within the 7 day warranty so SilverRock covered all of the repairs with $0 out of pocket for me. I didn’t have to do anything, the shop has handled it all and updated me through text. They also extended my warranty by two days to be sure the mechanic would have time to file everything
Overall im satisfied with the purchase. The process was smooth and I like that Carvana honored the warranty without any fuss. Otherwise I’d have returned it.
It’s very important to take the car to get inspected within the first 7 days. Also, take it to a dealer with certified technicians not firestorm or pep boys.