How to Trade Stock Options - Your #1 Guide to Success ...

The classic WSB story - lost it all.

Going to keep this simple. EDIT: this isn’t simple and I should write a short story on this.
I am generally risk averse. I hate losing $100 at the casino, I hate paying extra for guac at chipotles, I will return something or price match an item for a few dollars of savings. I am generally frugal.
But, I somehow had no issues losing 10k in options...
How I started
I remember my first trades like they were yesterday. I was trading the first hydrogen run-up in 2014 (FCEL, BLDP, PLUG) and made a few hundred dollars over a couple weeks.
I quickly progressed to penny stocks / biotech binary events and general stock market gambling mid-2014. I was making a few % here and there but the trend was down in total account value. I was the king of buying the peak in run-ups. I managed to make it out of 2014 close to break-even to slightly down.
WSB Era
March 2015 was my first option trade. It was an AXP - American Express - monthly option trade. I saw one of the regular option traders/services post a block of 10,000 calls that had been bought for 1.3 and I followed the trade with 10 call options for a total of $1300.
I woke up the next day to an analyst upgrade on AXP and was up 50% on my position. I was addicted! I day-dreamed for days about my AXP over night success. I think around that time there was some sort of Buffet buyout of Heinz and an option trade that was up a ridiculous amount of %%%. I wanted to hit it BIG.
I came up with the idea that all I needed to reach my goal was a few 100% over night gains/ 1k>2k>4k>8k> etc. I convinced myself that I would have no problems being patient for the exact criteria that I had set and worked on some other trades.
Remember, the first win is always free.
I was trading options pretty regularly from March 2015 until August 2016. During my best week I was up 20k and could feel the milli within reach. I can remember the exact option trade (HTZ) and I was trading weeklies on it.
For those who have been in the market long enough, you will remember the huge drawdown of August 2015.
I lost half my account value on QCOM calls (100 of them) that I followed at the beginning of July and never materialized. I watched them eventually go to 0. It was another 10,000 block that was probably a hedge or sold.
In August 2015 there were some issues with China and all of us woke up to stocks gapping down huge. Unfortunately my idea of buying far dated calls during the following days/weeks after the crash went sideways. I quickly learned that an increase in volatility causes a rise in option prices and I was paying a premium for calls that were going to lose value very quickly (the infamous IV crush).
I kept trading options into the end of 2015 and managed to maintain my account value positive but the trading fees for the year amounted to $30,000+. My broker was loving it.
I tried all the services, all the strategies. I created rules for my option plays: 1. No earnings 2. Only follow the big buys at a discount (10,000 blocks or more). 3. No weekly options 4. Take profit right away 5. Take losses quickly 6. etc.
I had a whole note book of option plays that I was writing down and following. I was paying for option services that all of you know about - remember, they make money on the services and not trading.
I even figured out a loop-hole with my broker: if I didn’t have enough money in my account, I could change my ask price to .01 and then change it to market buy and I would only need to accept a warning ⚠️ for the order to go through. I was able to day trade the option and make money, who cares if I didnt have enough? After a few months of this, I got a call from my broker that told me to stop and that I would be suspended if I continued with this.
By the way, I was always able to satisfy the debit on the account - so it wasn’t an issue of lack of funds.
Lost it all. Started taking money from lines of credits, every penny that I earned and losing it quicker and quicker.
I was a full on gambler but I was convinced that 8 trades would offset all the losses. I kept getting drawn in to the idea that I could hit a homerun and make it out a hero.
I eventually hit rock bottom on some weekly expiring FSLR options that I bought hours before expiration and said to myself - what the f are you doing? I resolved to invest for the long term and stop throwing tendies away.
The feeling was reinforced during the birth of my first born and I thought - what a loser this kid will think of me if he knew how much I was gambling and wasting my life. It was a really powerful moment looking at my kid and reflecting on this idea.
I decided at that point I was going to save every penny I had and invest it on new issues with potential.
Fall 2016
TTD, COUP and NTNX IPO ‘ed I decided I was going to throw every dollar at these and did so for the next few months. I eventually started using margin (up to 215%) and buying these for the next 6 months. They paid out and managed to make it over 100k within the year.
The first 100k was hard but once I crossed it, I never fell below this magic number.
2017 - I did some day trading but it was mostly obsessing over the above issues. I did gamble on a few options here and there but never more than 1k.
2018 - SFIX was my big winner, I bought a gap up in June 2018 and my combined account value had crossed 400k by August 2018. I was really struggling at crossing the 500k account value and experienced 3 x 30-40% drawdowns over the next 2 years before I finally crossed the 500k barrier and have never looked back.
I still made some mistakes over the next few months - AKAO & GSUM come to mind. Both of these resulted in 20k+ losses. Fortunately my winners were much bigger than my losers.
I thought about giving up and moving to index funds - but i was doing well - just experiencing large drawdowns because of leverage.
2019 big winners were CRON SWAV STNE.
2017 / 2018 / 2019 all had six digit capital gains on my tax returns.
At the beginning of 2020 I was still day trading on margin (180-220%) and got a call from my broker that they were tightening up my margin as my account was analyzed by the risk department and deemed too risky. Believe it or not this was right before the covid crash. I brought my margin down to 100-110% of account value and even though the drawdown from covid hit hard, I wasn’t wiped out.
I stayed the course and bought FSLY / RH during the big march drawdown and this resulted in some nice gains over the next few months.
I am constantly changing and testing my investment strategy but let me tell you that obsessing over 1 or 2 ideas and throwing every penny at it and holding for a few years is the best strategy. It may not work at some point but right now it does.
I still day trade but I trade with 10k or less on each individual position. It allows me minimize my losses and my winners are 1-7%. I am able to consistently make between 3-700$/ a day on day trades using the above strategy. I still take losses and still dream about hitting it big with an option trade but dont feel the need to put it all on the line every month / week.
I finally crossed into the two , club. I know people are going to ask for proof or ban but I am not earning anything for posting and the details about some of the trades should be proof enough that I kept a detailed journal of it all. I have way more to write but these are the highlights.
Eventually I will share how I build a position in a story I love. I still sell buy and sell to early but I am working on improving.
TL:DR - I gambled, lost it all and gambled some more lost more. I made it out alive. I have only sold calls/puts lately.
The one common denominator in all successful people is how much they obsess over 1 or 2 ideas. Do the same. All the winners on this sub have gone all in on one idea (FSLY / TSLA ). Stick with new stories or ones that are changing and go all in...wait a second, I didnt learn anything.
submitted by jojo2021 to wallstreetbets [link] [comments]

Greed is Subtle

The morning alarm woke up Ghen. With an annoyed sigh, he stretched out his arm and silenced the foul-sounding chirps. Slowly sitting up in bed, he let out a deep yawn and got to his feet.
Running a couple of chitinous fingers along his antennae to stimulate them to life, he made his bed and then went to his closet. Today was a work day, so he needed his suit. Once the pants were on, he stretched out his wings so that he could button up the shirt, then relaxing them once all the buttons were secured.
Dressing for the day was done, now for the morning meal. Entering his kitchen, he took out the chilled leftovers of the evening meal last night and popped it into the radiator, first defrosting and then slightly cooking it.
During that process, he also fished out a ceramic cup and placed it in his brewer, serving himself some synthesized caffeine. His idle thought led him to being amused that, when eaten directly off a plant, it has a concentration that could kill him three times over. But after going through some refinement and roasting, all it does is make him hyper.
Once the meal was put together, his plate of heated leftovers and a cup of almost-piping-hot cup of Xia's, he took his time to enjoy it. His communicator vibrated. When he looked, he found it was from his boss.
"Hello?" Ghen answered.
"Ghen, the meeting's been moved up to a few minutes from now." His boss, Xkik, announced. "Apparently higher up has something important they want to say. We have a terminal ready for you, I'll message the login details."
"Wha-, what's so important?" Ghen asked in bewilderment. "Did a water line rupture or something?"
"No, nothing like that." Xkik replied with a slight chuckle. "It's actually about the rumors we've been hearing. That human corporation wanting to acquire us? That's what they're talking about."
Ghen could feel everything inside his thorax drop to the floor. "That must mean it's true then, right? Did we get sold off by the Queen to this company then?"
"Show up to the meeting and you'll get your answer." Xkik said simply. When he finished, Ghen got the notification on his communicator. There's the login details, allowing him to remotely attend the meeting. "They're about to start, hurry up."
Once Xkik disconnected, Ghen worked fast to login and set up the remote viewing. Once everything was done, his screen started transmitting the meeting room. It was already packed. And off by the main board, he saw his answer. There was a human, resting against the wall on his two legs. Standing right in the center of everyone's view was the coordinator, Tizx, watching the clock periodically.
As soon as the meeting's start time was reached, the coordinator began. "Alright everyone. I realize that this was rather short notice, so I want to say how appreciative I am that you made it. Now then, let's just get right to it. For some time now, many of you have been hearing rumors that a human corporation has been interested in us. Why? We never really knew. We're just an organization responsible for finding, extracting and providing water to the colony here all under the direction of the Queen herself. Well, as of now, I have the answer for you. Why don't I let Ryan say that?"
Stepping back, Tizx motioned for the human, Ryan, to take over. With a nod, Ryan practically bounced over and then took the position. "Good morning to you all. I hope my Zazk is passable, heh. Anyways, the answer to those rumors, is yes. Terran Galactic Company is indeed interested in you all. Which now leads to me. I'm here to announce that, effective yesterday evening, this water company is now a subsidiary of Terran Galactic Company, under the name of Zilia Water Delivery."
Many other sub-coordinators broke into hushed conversation, no doubt speaking their thoughts with each other about this move. Ghen could only wonder if this was even a good thing. What will the humans do? Will he still have his job? Will he have to learn how to deal with the ruthless humans?
"Now, I am well aware this is quite the...uh, change." Ryan continued. "That's why I'm happy to inform you that, no, nothing negative or detrimental will happen to you. You just have new people to answer to. Operations will continue as normal, everybody here will still keep their jobs. The only real change any of you will personally experience is that Coordinator Tizx here will now report to someone else. On behalf of the Terran Galactic Company, we are extremely excited and are looking forward to working with you all. Thank you for your time."
A week later.
At least Ryan wasn't lying. After the initial shock wore off, things went back as they normally did. There were no terminations, no reductions in annual pay or anything. Nothing really changed. At least until this new meeting was called. Ghen was at the worksite this time, so he took his seat and watched as, once again, Ryan led the meeting.
"Hello again, everyone!" He said cheerfully, his Zazk noticeably improved. "I hope I didn't end up looking like a liar, right? Everything's still normal, all that?"
All the zazk in the room confirmed, providing comments to their pleasant surprise as well as lingering thoughts.
"Awesome! Awesome." Ryan said jubilantly, his fleshy mouth revealing his bone-white teeth. "Now then, you're probably wondering why I'm here again, right? Well, I got another fantastic piece of news for you all! Two, actually. I'll start with the first: Zilia Water Delivery has just completed its IPO. The company is now publicly traded!"
Ghen and the others voiced their confusion, having no idea what in the name of the Queen Ryan was talking about. What was Ryan talking about? What's an IPO? And why exactly is being publicly traded such a significant thing?
"Oh, you guys don't know any of that?" Ryan asked in surprised confusion. After everybody confirmed, he let out a quick huff as he began his explanation. "Well, to begin, IPO is short for Initial Public Offering. Basically what that means is that, before today, Zilia was privately held. Only certain individuals could buy and sell shares here. But now that we're public? Literally anyone can buy and sell shares in the company, hence us being publicly traded."
"Uh, what's a share?" Ghen asked, still completely lost.
"Oh, boy..." Ryan muttered under his breath before returning to his peppy image. "To simply put it, a share is short for having a share of ownership in a company. When you buy a share, you're buying a piece of ownership, and when you sell, you're selling that amount."
"So wait...if someone buys a share, they're a co-owner then?" One of the other team coordinators asked.
"If they get enough, yeah." Ryan nodded. "You need a lot though, and that really depends on the company. If I had to give an answer though? I'd say usually you need to have a lot more shares than a lot of people combined to be officially a co-owner, but we call that being a majority shareholder."
"And how do we do that?" Ghen asked, now growing curious but still not understanding why such a concept exists.
"Simple. Buy shares." Ryan said simply. "And that leads into the second piece of awesome news. Zilia's corporate has a product in mind, a premium-package of water delivery. Instead of the usual water that you pump out, filter and ensure its potable before delivery, with the premium package, not only will you get that, but you'll also get all of the required nutrients and vitamins the zazk body requires! And they feel you guys have the best expertise and understanding to pull it off! So, here's what we're offering as a good-faith bonus: A 25% increase to your annual salary as well as being given stock options."
Ghen wasn't sure about the second part, but the salary definitely got his attention, as well as everyone else's. Although his job was considered to have a good pay, Ghen isn't going to say no to a higher salary. In fact, he's been focusing his work on getting a promotion so he can come home with even more credits in pocket.
"What do you mean by stock options?" Ghen asked after some time.
Ryan let out that smile again, the one that revealed his teeth. "If you choose to transfer over to the new group, you'll be provided 50,000 shares in Zilia itself. Why's that awesome? Let me walk you through it. Right now, our last closing price per share was 3.02 credits. And if you have 50,000 shares during that time, you're sitting on 151,000 credits, if you cash it out immediately."
"And why shouldn't we?" One of the coordinators demanded in an ambiguous tone.
"Because the price per share changes a lot." Ryan explained promptly. "When we got done with the IPO? It closed at 2.73 a share. Right now? My money's on the closing price being 2.99 a share. However, we are extremely confident in this premium package being successful. If it does? Well, my bet is that the share price will skyrocket to 3.12 a share. If you hold those shares and the price gets to what my bet was? You'll instead get 156,000 credits. Just by holding onto them, you just made an additional 5,000 credits!"
"And what if we have more shares?" Ghen questioned, now getting excited at the prospect of free money.
"Even more money!" Ryan laughed a bit. "And don't forget about dividends, but that's for another time. The premium group is gearing up right now, we just need the workforce. If any of you wants in, I'll be back tomorrow with all the forms needed to make it official. Take the day and tonight to think it over, yeah?"
Everything else melted into a blur. Ghen was practically on autopilot that whole day. Was this the secret to the humans' incredibly massive economy? How so many of them have amassed so much money out of nowhere? All you had to do was just buy this share out of a company and you get more money without even working?
As soon as he got home, Ghen knew what he was going to do during the night. After feverishly looking through the galnet, now having the human race connected to it, he looked and gathered up as many books that were translated into zazk as he could find, all talking about the human economic system. The last time he undertook such an intensive study was during his primary education phase.
And during his search, he even found forums on the galnet that were completely dedicated to the human's economy. All of them talking about strategies on what company, or stock, to pick. How to analyze a company's performance to determine if it was worth the money, or it had potential to grow over time. And that was when he discovered the humans found another method to the extremely simple buying and selling process. There were humans and some other immigrated aliens who made five times what Ghen could receive over a simple month just by watching the share prices during trading hours, and then buying and selling them at the proper times.
Ghen's mind was just absolutely flabbergasted. He thought it was just some strange concept only aliens could make, but no, not with the humans. They've practically made their economy into an art or a science. No, not even their economy. Everything. If humans can see a way to make money off of it, they'll do it. And if there isn't, they'll look for a way.
Healthcare was monetized. Galnet services, transportation, shopping at the store, they even made all of their utilities into profit-oriented companies.
And it was there that Ghen paused, the realization slamming into him. Everything was monetized. Which means, if you don't have the money for it, you're not getting it. Right? Are the humans truly that ruthless? So obsessed with making money? To the point that they're willing to deprive their own people of the absolute necessities if it's a source of credits?
Ghen let out a scoff. There's no way. Nobody is that cruel and callous. He's never been to the United Nations. He can't rely on what a bunch of random people on the galnet says. He decided that from here on out, he'll only go as far as saying that humans are a little obsessed with credits, nothing more.
...
There he was. Ryan, sitting in the office provided to him. And there was a rather large line leading to him. Looks like word got around. Although, the line wasn't as large as he expected it to be. Maybe the others thought it was just a ruse? That there's no such thing as making free money by spending it on such a made-up concept?
Ghen only knows that, if it is a ruse, it's an extremely elaborate one, where all of the humans are in on it. And he believes that's just extremely ridiculous. At the end, if he's unsure, he'll just take the transfer for the very real increase in his very real salary. And although he spent a very good chunk of the night reading up on how humans do things, he's still going to play it smart. He'll leave his 50,000 shares alone and see where it goes from there.
"Good morning sir." Ryan greeted warmly once Ghen took his seat. "Now, name please?"
"Ghen." He answered, barely keeping his nerves down.
"Alright...and what's your position at this location?" Ryan questioned after scribbling on his form.
"I monitor the pumping stations near the extraction sites." Ghen explained, staying on point. "To be more specific, I check to see if they're in need of maintenance, as well as reading the flow rate that's determined by the calculators installed there. If there's too little for what's needed, I pump out more. And if there's too much, I pull it back a little."
"Nice...and how long have you been doing it for?" Ryan complimented with a nod.
"As of tomorrow, ten years." Ghen replied, voice quickly changing to minor awe once he realized that fact.
"Excellent. Do you have anyone in mind you'd like to replace you here?" Ryan questioned after another scribble. "If you don't have anyone, you're free to say so."
Ghen took a moment to think it over. A bunch of names went through his mind, but one stuck with him. "Tilik. He's just been accepted here, but he's learned quickly. Very attentive and he always catches something subtle. I think he'll do really well in my position, even better actually."
"Tilik, really?" Ryan questioned with a little shock, going through his completed forms. Ghen felt a short sense of panic in him. Did something happen, or was Tilik actually transferring? His answer didn't take long to reveal itself. "Right, Tilik was actually one of the first people to want to transfer here. He's actually requested to be part of the testing teams specifically. Do you have a second choice?"
"Um...no, actually." Ghen replied, feeling a little ashamed. "Tilik was my only choice, to be honest."
"Hey, don't worry." Ryan said assuringly with his hands raised. "Nothing wrong with that. Sometimes, there's just nobody up to snuff, right? 'Kay, so, last question. Is there anything specific you'd like to do when given the transfer?"
"If you need someone monitoring new pumps, I'd be happy to do that." Ghen stated.
"So basically same job but with better payoff, am I right?" Ryan grinned. "I hear you. Sometimes, we're just not paid enough for what we're doing. I know I think that sometimes. Uh, our secret, yeah?"
"Yeah, our secret." Ghen nodded, thinking it'd be better to have friendly relations with the human, just in case.
"Awesome. Back on topic, that's it." Ryan announced, placing the form on his pile. "We'll give you a call when you're accepted."
"Oh, uh, that's it?" Ghen questioned with a shrug in shocked surprise.
"What, expecting a question like, why do you want to transfer?" Ryan chuckled a bit as he leaned in his seat. "You can bullshit all you want, but we both know the answer. Sweet money and stock options. Not saying that's a bad answer of course, just that it's pretty obvious."
"I suppose it is." Ghen commented, realizing the point. "Also, you mentioned this...dividend? Is that for Zilia shares?"
Ryan laughed a little bit before nodding. "Yep, announced before I came here. About 0.43 per share. Want to know why that's awesome? Instead of waiting for the proper price to cash out your shares, now? The company pays you for each share you hold."
"A...Are you serious?" Ghen demanded, flabbergasted.
Ryan nodded with his now-trademark grin. "Dead serious. If you get the transfer, and get those 50,000 shares? A little head math...right, if you hold onto those, in addition to your salary, you'll now annually be paid 21,500 credits, if you keep it at 50,000 shares. Only you can decide to sell or buy shares."
Ghen just stood there silent and motionless, no idea of whether to believe it or not, to which Ryan just laughed. Once he walked out of the room, he managed to snap back to reality. Again, just focus on the very real pay-raise. He'll deal with the other parts later.
After he returned to his spot, he spotted Tizx approaching by his desk. The coordinator seems to be as casual as always.
"I saw you in that line a bit ago, Ghen." He said as he leaned on the desk. "Guess you're really taking that human's word?"
"I mean, I don't know about all this share business or what not." Ghen began with a shrug, his tone sounding a little defensive. "But I mean, having a bigger salary? Course I'm going for it when I can. And if all this magic credits turn out to be real? You realize we can live like the royal servants, right? Get the best cars, the nicest food and all that?"
"I'd be very careful, Ghen." Tizx warned in a sudden shift in tone. "Don't trust those humans. The way they just...obsess over money? Come up with more and more insane ways of getting credits? I don't know, it just makes my wings twitch."
"You think this is a bad idea?" Ghen asked with a little surprise at the change-in-demeanor.
"I think you should be careful, with the humans, and with what you're saying." Tizx replied, straightening his posture. "I wouldn't put it past those Earthmen to backstab you if it gets them a few more credits. And we all know how the royal servants get if any of us lowly commoners start thinking we can break into their circle."
"I hear you, I'll be on my guard, promise." Ghen stated with a nod. With a confirming nod of his own, Tizx returned back to his duty, walking past Ghen's desk.
Several weeks later.
Everything became so much better. Ghen got the transfer. He didn't need to relocate to a new residence either. And after he was walked through into learning how to manage his stock account, and seeing that new form of payment in his hands, he already felt as though he made the best decision. But it was only when he decided to take those shares more seriously that he became privy to what he was given. After receiving the dividend payment, and actually seeing it was real, valid credits after transferring it to his main bank account, all he could describe was the most powerful high he ever felt.
While his first thoughts were to buy himself a royalty-class car, some nicer furnishings for his home, or even a better home entirely, he ended up going the smarter route.
After going back to his stock account, he discovered that Zilia's shares rose to about 3.22 credits in price. Knowing that this was the easiest money he could ever make, he took all of his dividend earnings and bought more shares in Zilia, bringing him to owning 56,891.
And from his new regional coordinator, a human named Dylan, tomorrow is the grand release of the premium package. For just a monthly rate of 14.99 credits, the tap water will now include a sizeable portion of all nutrients and vitamins required in the zazk physiology. Still, Ghen has to admit. He's not entirely sure why anybody would want such a thing, if they'd even go for it. But, as long as he's practically swimming in easy credits, he won't pay much attention to it.
And just like when he was intensively studying the basics of how the human economy worked, he barely got any sleep. His mind was constantly thinking about the things he would buy. Or rather, what other stocks to put his credits into. Even now he can still hardly believe it. Just spend your money on some, make-believe thing and, if you wait long enough and picked the right stock, you'll get more than you spent back?
His mind even wandered onto what human colonies, or even their homeworld, Earth, was like. If everybody was making so much money, what kind of things would they offer? What kind of ridiculous service or product or item can you get? He's even debating on joining some forum and just asking around. Explain how he's new to how humans do things and was wondering what he should expect if he's successful.
By the time he felt like he can go to sleep, the binary-stars of the system were rising from the horizon. After getting out of his bed and changing to clean clothes, his mind returned onto what-ifs.
What if he bought better clothes? He's had his eye on that human brand of luxury clothes, Tessuti di Venezia, that's been all the rage amongst the royal servants. Or maybe he can go on vacation and just check out Earth for real?
It was a short ride to his workplace from his home. After getting stuff his stuff and preparing to walk through the doors, he heard the roar of a car grow louder. When he looked, he saw the sleekest and quite possibly the coolest looking car he's ever seen. Each time the engine revved it would startle him, both from how harsh it sounded as well as just how intense it sounded. And after it parked, he saw the doors pop out and then slide along the body back. And there, he saw Tilik, the seat literally turning and extending out a bit before he got off.
As soon as he saw Ghen staring, he struck a rather prideful pose after putting on his lab coat and then sauntered over to Ghen.
"What do you think?" Tilik said, without any doubt inviting praise or compliments.
"D...Did you actually buy that?" Ghen asked, unable to tear his eyes away from the car.
"You're Queens-damn right I did!" Tilik laughed happily. "Thing takes off like a starship, has temperature-controlled seating, all-in-one center console, barely any bouncing on rough roads. Hoof, best decision I've ever made!"
"How much did that thing cost?" Ghen asked after letting out an incredulous laugh.
"Five million credits." Tilik replied, earning an absolutely shocked stare from Ghen. "And thanks to the incredible salary I have, in addition to all these shares and dividends, I'll pay back the credits I borrowed in no time!"
Ghen needed a few moments before he could speak again. "All I've been doing is buying more shares."
Tilik laughed and then patted the now-envious monitor's back. "Smart man. I got a little carried away, yeah, but not anymore. Any spending credits I got, going right back to investing. That's what it's called right, investing?"
"Yeah, it is." Ghen nodded, feeling a fire light up in his thorax. "And also? Today's the day that the premium water thing is being released. Here's hoping it starts out well, right?"
"Oh it will, trust me." Tilik chuckled as they both began making their way inside the workplace. "Lots of research, lots of study. By the Queen, so much of it...it'll make your head spin."
And after hearing that, Ghen had a moment of realization. "Hey, Tilik? How did you get such a nice position anyways? Weren't you just studying under me before the humans came along?"
Tilik let out a sigh after opening the door. "I'll be honest, I never wanted your job. Not because it's boring or terrible, just...I didn't suffer so many sleepless nights in the science academy just to be a glorified button pusher. This is what I've always wanted. Doing science, solving problems rather than just applying the solution, you know?"
"Wait, you got an academic certificate?" Ghen questioned, completely floored. "How did you end up beneath me then? I should've been answering to you!"
"Simple." Tilik gave a heavier sigh. "A royal servant was asking for the same job I was. Take a guess at who got it."
"Ouch. Good thing the humans came along when they did, yeah?" Ghen was taken aback. He never heard anything about a servant taking a job at his place. "Looks like you're proving yourself to be well suited."
"By the Queen, of course I am." Tilik nodded. "Like I said, I nearly broke my wings through so many nights, got certified top of my class, all just to get pushed to the dirt because someone who was born into a particular family wanted the same thing I did? I know I'm smarter than any of those empty-skull servants back in the Center. I know that, whatever, uh...corporate? Yeah, whatever corporate wants out of science, I will xeek give it to them."
"Well, let me know how things go in the lab." Ghen said, admiring his drive as they neared the main office floor. "Because this is where the button pusher needs to go."
Tilik let out a laugh as he nodded. "Hey, how about we meet up at Queen's Fine Eatery tonight. I'll pay, yeah?"
Ghen, at first, wanted to admonish him for choosing such an outrageously expensive place to go. But he quickly realized that, he truly is good for it, thanks to the humans. "Well, hey, if you're paying for it."
...
It was a fantastic opening. After being told what news sites to keep in mind for stocks, he first heard it from Dylan, and then got more detail on Business Today. There was such a massive demand right from the start that Zilia needs to increase extraction just to meet it. But what really got his attention was the effect it had. Zilia Water Delivery's share price just blasted off. After seemingly holding steady at about 3.15, by the time he got home and logged onto his account, it already reached 7.04 a share. The calculator on his account told him that he got a value-gain of 54.26%.
Never in his entire life had he felt such...joy. With all of the shares he currently has? He's sitting at 400,512.64 credits. He knows that it is woefully pathetic compared to what the royal servants have just in their pockets, but the fact that he has such money, just by owning some intangible concept? Why even work at Zilia? Why doesn't he just sit at home, figure out what companies to invest in and make his money that way?
What's even the point in working a real job, getting a pathetic pay when you can just take the money you have, determine where to spend it, and get triple back? All just sitting on your wings at home, researching?
He was so wrapped up in his excited high that he completely forgot he was going to meet Tilik at Queen's. After quickly and haphazardly putting on his nicer clothes, he got to the place only a few minutes late.
Tilik was there by the guide, no doubt having been waiting for him. As soon as he strode up, Tilik's wings stiffned out some. No doubt he must've seen the numbers as well.
"I can see your wings, Ghen." Tilik began with an excited chuckle. "Made some serious credits?"
Ghen let out an incredulous scoff, struggling to find the words for a moment. "Incredible. All I'm going to say."
"Likewise." Tilik chortled some before nodding to the table guide. "All here. Table please?"
"Right this way, sir." The guide said politely. It was a short walk, travelling between round tables. The vast majority were populated by zazk, but Ghen was surprised at seeing a few humans here as well. No doubt corporate workers checking out the local food. He did spot them having bowls filled with some kind of mass. Some were brown, others white with what looks to be black specks on them.
They arrived at their table. A rather nice one, affording a view out the windows into the busy colony streets. Once Tilik and Ghen settled in, the guide handed out the menus.
"May I suggest our rather popular option for tonight?" The guide began. "Human ice-cream. Ingredients sourced from Earth itself. Very cold, but incredibly sweet, and coming in many flavors. The most popular amongst us is called vanilla-bean. The vanilla itself soaks in the cream for much of the process, and then the innards sprinkled on top of it near the end. Rumor has it that the Queen herself has demanded personal shipments of such a treat straight from the home of vanilla, an island on Earth named Madagascar."
Ghen didn't even spare a single thought. "Vanilla bean ice cream then, please."
"Same." Tilik seconded when the guide glanced to him. With a slight bow, the guide proceeded to ferry their orders to the kitchen. Thankfully it was just a short wait before the guide returned, carrying a large plate containing bowls of ice cream. Ghen could feel the saliva on his mandibles as the bowl was placed before them. He could just feel the cold air around that glistening mass of sugary goodness. The white snow decorated with the black dots of vanilla bean.
Once the guide left them, Tilik and Ghen both dived in at the same time. As soon as the ice cream entered his mouth, touched his tongue, he exploded in incomprehensible bliss. The sweetness, the smooth and creamy mass, even the taste of vanilla he wasn't sure about was just absolutely delightful. It was so overwhelming that his entire body limped, slumping in his seat as he was forced to ride on the surging tide of joy and happiness sweeping over him.
Tilik was no different. He too was taken completely by the effects of the ice cream, his wings fluttering some against the seat. Ghen could hear some noise. It was the humans they passed by. They were chuckling, grinning, and glancing over at them discreetly. Unlike the two zazk, the humans seemingly just enjoyed the ice cream as if it was just another nice dessert to them. Or perhaps they couldn't allow themselves to succumb to the high?
And as soon as the wave of indescribable bliss and happiness subsided, Ghen knew. He just knew. This was the life. He wanted this. The ice cream was just the beginning. So many things denied because he didn't have the credits, or worse, not the blood. Because he was just a drone in the great Collective, even if he had the credits, he wasn't allowed because of what caste he was born in. That fire that sparked in him when he saw Tilik's new car? It exploded into a raging firestorm.
And when looking into Tilik's eyes, Ghen could see the same. He was on the same page as Ghen was. Both of them were sold. They have the credits. And the humans? If you can pay for it, they'll never discriminate. All they cared about is if you have the money.
And by the Queen, Ghen and Tilik will endeavor to amass as much credits as physically possible.
The rest of the night faded into a blur. A blur that evokes only one thing. Bliss. It was only when he walked through the door of his pathetic hut that Ghen's mind snapped back to focus. His mandibles felt sticky. And he felt a weight in his stomach. How much ice cream did he eat? Whatever it was, he ate such volume that the lower-section of his throax extended and rounded out, visible even under his shirt. He felt something odd in his pocket. It was a receipt. 43,000 credits for ten bowls of vanilla bean ice cream. Was that ten bowls for both of them? Or individually? Ghen didn't care. He's good for it.
Returning back to his calculator, he acted upon the decision that he had made at that eatery. He's acquiring as many books about investing and stock trading as he could find, frequent and study all the discussions and arguments presented by other like-minded individuals such as he, all to ensure he can live the good life. And he had a very good feeling Tilik was doing the exact same thing.
Well, first, the gurgling in his stomach, as well as the feeling of something rising demanded his attention. Looks like he'll need to take the night off to let his stomach get back to normal.
Three Years Later.
Ghen looked out beyond the horizon, seeing the colony that he grew up in. On the far side was where his old house was. With only a simple robe on, made from the finest silk from Earth's nation-state of China, he relaxed in his seat.
It was a long road. Stockpiling credits from pre-existing investments and from subsequent pays, he and Tilik made it. From having only half a million in assets and cash, now transformed to over eight-hundred million. And now, his call contracts on American Interstellar? They've just announced a breakthrough in their next generation of warp drives, reducing the speed coefficient even further, resulting in far faster travel. And with that, their stock price climbed sharply.
Another hundred million credits in the bank. Soon, very soon, he and Tilik are about to become the galaxy's first zazk billionares. But that's not enough. There are many humans who are billionares. Only those he can count on one hand are considered trillionares. He's going to break into that circle. He and Tilik.
Looking beyond the colony, he saw the abandoned building of the workplace he transferred to when the humans arrived. Turns out, the reason for such a high demand was that the humans also slipped in sugar to the tap water. As soon as that broke, many influential royal servants demanded investigations and outright banning of Terran Galactic Company's influence over the former government division. Zilia's stock price plummeted. But thanks to an advance tip from his human coordinator, Dylan, he and Tilik made a put contract. And that's where they struck gold, as the human saying goes.
Dylan warned that if they were citizens of the United Nations, they'd be investigated and convicted for insider trading. But, since they weren't, and the Collective were only just introduced to capitalism, there's no risk at all. Now the colony is going through a withdrawal phase, Zilia has been dissolved and reformed back as a government division and are currently at work re-establishing the standard, plain water delivery.
"Well, shit." Tilik muttered as he walked up to Ghen's side, taking well to human speech. "Looks like you win. American Interstellar's announcement really was a good thing. There goes a million credits. Ah well, the Royal Shipyards will make it back for me soon."
"Oh? Did they just go corporate?" Ghen asked curiously, glancing to Tilik.
"Hell yeah they did." Tilik chuckled, sitting down. "Queen and her retard servants fought it hard, but Royal Shipyards is now officially a human-style corporation. And, to a surprise to all the xenophobes in the galaxy, they're already being offered contracts for ship production. That'll raise the stock price pretty good."
"What's that human word...?" Ghen muttered, already having a reply in mind. "Dick? Yeah, calls or suck my dick, Tilik."
Tilik roared in laughter. "Already made them. Forty credits a share by this day next month."
"I have half a mind to go thirty." Ghen chuckled. "Either way, until then, I heard from Dylan that he knows a guy who knows several prime human women who happen to be into zazk."
"You're interested in women?" Tilik said as his wings fluttered. "With how often you tell me to suck you off, I'd have thought differently."
"Oh, I always thought it was you who was into men." Ghen responded dryly. "Just wanted to be a good friend, you know? Considering how you never seem to make it past, Hey sweet thing, I'm rich you know."
"Oh, go fuck yourself." Tilik countered with a little laugh. After he stopped, wings stiffened, he looked to Ghen. "So, know any royal servants we can put the squeeze on for more revenue streams?"
"I got just the one." Ghen nodded, sitting up. "Fzik. He's been fighting to control the ice cream trade. Worried it's a corrupting influence. Got done talking with the human CEO of Nestle earlier. If we clear the way, he'll know how to squeeze a little more gains in stock price when he makes the announcement."
Tilik's wings stiffened even more, signaling his approval. "Alright, time to throw some credits around, yeah?"
AN: Sorry for the period of no updates. College is starting up, lots of stuff to clear and work out. Not sure why but I just got a bug up my butt about incorporating money and the stock market into a short. Here it is. Sorry if it seems abrupt, character limit fast approaching. Let me know how you guys think about it!
submitted by SynthoStellar to HFY [link] [comments]

Which broker to choose to start trading binary options?

The success of your binary options trades depends on choosing the right online broker.
What you need to pay attention to when choosing a broker:

- Assets available for trading
You need to make sure that the chosen broker has the assets that you want to trade.
- Minimum deposit amount
There are brokers that accept low deposits of $ 10, while the minimum bet for these brokers is only $ 1. Therefore, if you do not have significant funds, you can work with a broker that will allow you to create a small trading account.
- Number of years of activity
The longer a binary options broker has been in existence, the more reliable it can be.
- Customer support
Read the reviews and notice the professionalism of the customer support team.
- Financial instrument
The broker can provide you with a wide range of in-depth financial tools for analyzing financial markets and economic climate. The best offer live stocks, commodities, indices and currency data.

For more information on choosing a broker, visit vfx.com
submitted by vfxAlert to u/vfxAlert [link] [comments]

Trade binary options on the real market quotes on BAEX Blockchain eliminates exchange rate manipulation!

Trade binary options on the real market quotes on BAEX Blockchain eliminates exchange rate manipulation!
Hello. 👋🏻 Today we will tell you about trading binary options on real market quotes.
📌 A quote is the value of a product at a specific point in time. The change in quotes occurs due to a change in the ratio between buyers' and sellers' orders. For example, if the total volume of sellers 'orders dominates the total volume of buyers' orders, then the asset's market price will decrease.
📌 Binary options quotes are an important concept for a trader. Successful trading without taking into account the indicator is simply impossible. Therefore, it is simply necessary to follow their changes. It is the asset price indicators that provide information about the state of the market.
📌 Quotes are indicative and real. The first is just information for reference. But to buy, for example, a currency at the exchange rate you saw, you need a real indicator - it is at this indicator that all transactions will be made.
❓ Where can you trade real binary options?
✔️ It is best to trade real Binary Options on blockchain-based exchanges like the BAEX Platform. This platform operates as an open-source smart contract on the Ethereum blockchain. The source code proves that BAEX is a 100% transparent, fair, self-balancing binary options trading system.
Blockchain eliminates exchange rate manipulation! BAEX Oracle interacts with Yahoo Finance and stores quotes to the blockchain.
Profitable deals are determined by a smart contract, according to Yahoo Finance, one of the world's largest providers of quotes. All deal rates are stored in the blockchain and can be checked at any time.
❗️ A unique feature of BAEX is that it is possible to trade binary options on real market quotes of the most popular stocks, currencies, and indices for the first time. Trade Tesla, Apple, Amazon, SP500, EUR / USD, and other traditional stock instruments directly through the blockchain!
💡 In BAEX, not only can you trade options, but you also provide liquidity for other traders as a counterparty.
✔️ With BAEX tokens, you can trade options through the blockchain and earn almost instantly! Typically, the profit will be in the range of 180 to 220% of the trade volume, but the system automatically adjusts the odds based on the loss to win ratio.
💰 BAEX is the only binary options system where the profit can exceed 100%!
🔥 Register now: https://baex.com
https://preview.redd.it/lhu6uvz76xp51.png?width=1200&format=png&auto=webp&s=ed6b53e10e19f433a77b2b8e96e6f1a91c8910cf
submitted by VS_community to BaexExchange [link] [comments]

How To Make Money Trading Reddit

How To Make Money Trading Reddit

MAKE MONEY WITH TRADING (Forex, Stocks, Binary Options)

https://preview.redd.it/onvu1owbn2v51.jpg?width=640&format=pjpg&auto=webp&s=63508b4c3653556bc53e4ef2df86a29df5e5dd0b
Trading consists of buying and selling assets, such as stocks, futures, currencies or derivatives, in a financial market. To trade, so that we obtain benefits, we will have to speculate with the movements in the price of the assets. This is the first step to making money from trading.
The word trading is usually associated with short-term investments, that is, short operations that seek benefits limited to a small time frame.
In other words, trading and investing are the same, only the time frame changes.
So if you hear terms like "stock trading" or "stock trading" it is the same thing, only they usually refer to different time frames.
The person who invests or trades is called a trader. A trader then is someone who invests in the financial markets.
Generally, the term trader is usually added to the asset that operates. For example, stock trader, futures trader, forex trader, in short, the asset that operates.
As you can see I am adding several concepts so that we all start from the same base.
So, trading is basically buying and selling assets, trying to buy at the lowest possible price and sell as high as possible. As simple as that.
I want you to understand something, the bases are 70% of your trading. It is amazing to see how advanced traders forget the basics before trading.
By advanced trader I mean someone who already knows how to trade but that doesn't necessarily make him a winning trader. In most cases they apply complicated strategies and forget something as simple as the bases.
How much can a trader earn? You put the roof on it, there is no limit. I recommend you measure your progress in percentages and not in nominals. It is best to verify your progress.
Is it necessary to be in a Trading Academy? Like everything, there are some who like to be social and others who prefer to work in a self-taught way. In trading, it is the same. If you need the constant support of people to not be demotivated, then a Trading Academy is a good option. Now, if you are an already motivated person who only needs to clear up doubts, then the best thing is a mentor, consulting professional, or a trading teacher who clears your doubts.
The foundations for making money trading have to be solid if we want to make profits consistently. So today I want to emphasize that, the foundations of being a successful trader. Let us begin!

How to Make Money Trading Reddit - Key Steps

https://preview.redd.it/la3o4919o2v51.jpg?width=640&format=pjpg&auto=webp&s=02e5635985796aa609c9ed4848285b4ce69f1196
1) Buy Supports (and resistances)
Buying in supports is buying in a key area where the price exerts a certain friction preventing the price from continuing to advance, for whatever reason.
A support is nothing more than an area where the asset finds the confidence of investors, it is the level where they estimate that it is a good purchase price for them, and that is why they buy the asset in question, in such a way that the asset finds help in that level.
Most trading systems, at least the ones I know of which are a few, are based on this principle but what happens, they camouflage it with flourishes.
Instead of saying, to the purchase in supports, they add colored mirrors so that it does not look so simple.
I'm not saying that details are not good, but exaggeration of details can lead to confusion and later paralysis.
Systems must necessarily be simple.
Buying in stands not only improves your overall entry, but it drastically lowers your risks. The further we move away from a support, the more the risk increases.
Many times we end up buying halfway because the price "escaped" us and we think that we will not have another equal opportunity. The reality is that the market always provides opportunities for those who know how to wait.
There is a saying that the beginning trader has fun in the market, the professional trader gets bored.
This does not mean that the professional trader does things reluctantly, or that he does not like to invest. It means that the professional trader waits crouched, calm, for that opportunity that he is looking for appears, that entry into support that reduces his risk. While the novice trader enters and exits the market euphoric.
A professional trader can be in front of the screen all day and not make a single trade. The novice trader, on the other hand, if he spends more than 5 minutes without trading, he already feels bad, anxious and thinks that he is losing opportunities.
Without further ado, enter supports.
2) Execute stop loss
Holding losses is the biggest mistake of traders. Who in the beginning has not moved the stop loss because the operation moved against him?
It's a very common mistake. We enter the market, we put the stop, the operation turns against us and instead of executing the stop, we RUN IT!
We are camicaces.
The typical phrase "I'm waiting to recover" has burned entire wallets.
The market fell 40% and instead of leaving, they began to pray.
The great advantage of small portfolios, that is, investors with little capital, is flexibility and speed of reaction.
By running the stop loss you are losing the only advantage you have with respect to professionals and large investors. Because they sure have more capital and have wider margins.
Please don't take losses, don't run the stop loss.
If you miss the stop, distance yourself from the market and analyze why that happened to you for the next better place your stop.
3) Sell in resistonce
I want you to remember something. Until you sell, the profits are not yours.
Until you sell, you have no money.
Until you sell, you cannot say that the operation was successful.
Many traders are very good at finding entries. They perfectly see the supports and manage to enter at the best prices. But what happens to them, they don't sell.
It hits a key resistance, where price clearly can't break through and what they do, they hold out in case it breaks.
The worst, the price does not break or make an upthrust (which would be a kind of professional feint), it returns to support, it bounces, it goes back to resistance and what we do ... we wait again to see if it breaks, because now it is the correct.
And there is a worse case. It reaches resistance and we want to apply the phrase "let the profits run", so what do we do, we adjust the stop loss near the resistance in case the price breaks and continues.
The price tests the resistance, falls, touches our stop and we run it in case the price returns to the path. Instead of applying the phrase “let the profits run” we apply the phrase “let the losses run”.
An old master used to say, when the price reaches resistance, I collect my winnings and go on vacation.
It seems silly but it is a way of telling our brain, if you do things well you have a prize.
Sell ​​in resistance, the market always gives new opportunities.
4) The Trend is your friend
No better elaborated phrase. The trend is your friend. And as we all know, almost no one pays attention to their friends. We ask them for advice and if they don't say what we want to hear, we won't.
If the price goes up, where do you have to invest?
"It is not that the price was stretched too much and surely now a correction is coming, so I invest against it."
You are seeing that the trend is upward in an annual, monthly, weekly, daily, hourly and minute time frame, but just in case you invest against it.
Please, the trend is your friend, if it tells you that the price is going up, it is because it is going up.
I invested in favor of the trend. You do not want to beat the market because I assure you that it breaks your arm in a blink of an eye.
5) Statistical advantage
In the financial markets there are no certainties, only probabilities and whoever tells you otherwise is surely not winning in silver.
What we are looking for are windows of statistical opportunities. In other words, we try to turn the odds in our favor.
That is why it is always important to ask yourself the question, what is more likely, that the price will go up or down?
This is because many times we operate and do not realize that the odds are against us.
We can never be 100% certain, but just putting the odds in our favor by making concrete decisions based on logic and not on emotions can earn us a lot of money.
6) Consistency
You often see many traders showing one or two of their most successful trades and the occasional loss. This is good for teaching purposes, and it is useful for transmitting teachings.
But if you want to become a professional trader you need consistency. And consistency does not speak of an isolated operation, it speaks of sustained profits over time.
And when I say time I speak of years. Not a month, not a week, not a semester. 3 years, 5 years, 10 years, 20 years.
To give you an idea, ultra-professional traders fight to see who is more consistent.
In other words, the first question they ask themselves is how many years have you been winning?
A trader who every year earns a tight, modest percentage, reasonable to say the least, but consistently, is a much better professional than one who doubles the capital one year and the other is -90.
Consistency is highly treasured as it allows for simulations, strategizing, and even projections.
7) Trading plan
The number of traders who invest without having a trading plan is impressive. Something so important, so simple to make, so useful and very few use it.
A trading plan allows you to analyze your operations, see what you are doing, and then improve.
When we don't have a trading plan, what we did last week goes completely unnoticed because we can't internalize the teaching.
And when I speak of teachings, they can be gains or losses.
A loss allows us to adjust the plan but a success also.
In fact, when we have several successful operations, there is nothing better than taking their teachings and replicating them.
The trading plan is the only tool that allows us to do this, learn, improve and be the most objective possible, leaving aside emotions.

Forex trading Reddit

https://preview.redd.it/ljyjklqgo2v51.jpg?width=640&format=pjpg&auto=webp&s=c50d6af6b81521fbbfe25938c98971e1592de261
When it comes to the currency market, one of the most popular trading markets is Forex. It represents the world's largest decentralized currency market. So we will answer how to make money from forex trading.
With only having a computer, tablet or mobile phone, and an excellent internet connection service, you will be able to operate from anywhere in the world in the Forex market. It has the great strength of being flexible and adaptable to all types of investors.
Select a prominent broker or intermediary agent, one that is recognized and very professional. Conduct negotiation trials with him, so that you get to know each other and do not put your capital at risk.
Develop together the work style that most identifies you and decide to earn money by trading, enriching yourself with all the possible knowledge and strategies.
Acquire strengths in detecting the ideal moment to carry out operations. You will achieve this by studying and understanding the graphs and trends of transactions, detecting that unique pattern that tells you when is the right time to proceed.
Do not hesitate, it is possible to earn a lot of money with trading! But, make sure, above all things, train yourself with a duly accredited professional, in guarantee of acquiring quality theoretical knowledge, imperative to understand the movement of the market.

How to Make Money Trading Reddit - Final Words

Trading is an “investment vehicle” that can serve your objectives of having financial peace of mind as long as it is part of a broad economic and financial planning in the short, medium and long term. If not, trading can become a fast track to lose your money, if you lack the necessary knowledge, experience and training. Follow the following formula to Make Money in Trading Consistently:

Profitability = (Knowledge + experience) x emotional and mental management

submitted by kayakero to makemoneyforexreddit [link] [comments]

Help I've softbricked my sm-g930w8 and Odin won't flash the stock firmware

Reposted this on /galaxys7 too just in case
I'm a pretty big noob and don't really know any of the terms with regard to rooting so please be patient and explain terms in your answers, and thanks in advance for any help provided.
model: sm-g930w8 carrier: FMC (Canada) warranty: I'm out of warranty for the past year or two, and I tripped knox anyway so no going back now data: I don't care about my data, phone already been wiped
I rooted the device with Odin and cf-autoroot, I realized that was probably a mistake because if I understand correctly that only works on the snapdragon based devices.
I did find a guide to root this model with Maginsk? (I don't know what that is) but I started encountering these problems where I can't even restore the stock firmware so rooting is a little lower on my priorities right now.
So after using cf-autoroot I tried to unroot the device by restoring the stock firmware, at this point I can't recall which version of Odin I used originally but I think it was 3.12.3.
Sometimes the flash from Odin would fail and when I unplugged the device and restarted it I would receive this screen:
https://imgur.com/qLYUPam
I couldn't even get smartswitch from samsungs site anymore, their download link was broken and just linked back to the download page. I found a download for it somewhere, but it just says that I've connected an unsupported device and doesn't provide any other options. (Smartswitch does this: https://imgur.com/ayd5rcl)
I figured that since the flash only got half way and odin failed (I don't have the exact failure reason, sorry) unplugging mid-way through flash probably screwed it really good.
This is what happens when I try to flash the stock Firmware with Odin:
I load all 4 files: BL, AP, CP, CSC (I don't care about HOME_CSC) and then I connect the phone in download mode and hit start:
 Odin engine v(ID:3.1301)..  File analysis..  Total Binary size: 3885 M  SetupConnection..  Initialzation..  Set PIT file..  DO NOT TURN OFF TARGET!!  Get PIT for mapping..  Firmware update start..  NAND Write Start!!  SingleDownload.  sboot.bin  param.bin   Complete(Write) operation failed.  All threads completed. (succeed 0 / failed 1) 
I found that if I ONLY loaded the bootloader with Odin, and specifically I had to load this firmware:
https://www.sammobile.com/samsung/galaxy-s7/firmware/SM-G930W8/FMC/download/G930W8VLS7CTB2/319574/
And I had to do it with a special version of Odin, version "3.13.1 3B patched". I have no idea what the difference is but apparently it solved some issues for my model and it seemed to load the bootloader successfully.
Then I was able to load the BL file successfully which allowed my device to start up into recovery mode (vol up + home + pwr) but beyond that I cannot load the AP file.
After loading the bootloader I was able to boot it into the recovery screen, but all of the options here yielded no result and actually booting the phone just displayed the Samsung logo (boot loop?)
Now it was around this time that I found I could install TWRP on the device, I was able to load that and actually launch TWRP but beyond that I don't know what to do to solve the issue loading the AP.
I've tried like 15 different versions of firmware and 5 different versions of Odin, but the main one that works best is the one linked above from sammobile with "Odin 1.13.1 2B patched"
Here is what happens when I try to load the AP with Odin "3.13.1 2B" patched after loading the BL file successfully (pretty much all other versions of odin give varying worse results):
 Added!!  Odin engine v(ID:3.1301)..  File analysis..  Total Binary size: 3668 M  SetupConnection..  Initialzation..  Get PIT for mapping..  Firmware update start..  NAND Write Start!!  SingleDownload.  boot.img  recovery.img  system.img   Complete(Write) operation failed.  All threads completed. (succeed 0 / failed 1) 
It makes it all the way to system.img before failing, this is further than it gets in any other situation.
At this point I don't know what else to do, if anybody could possibly help me I'd be extremely appreciative.
Edit: Also, since I've already tripped knox (didn't realize it when I did so, derp) I might as well continue rooting the device now... So if anybody can help me with that as well, or all in one (two birds one stone) that would be fantastic
Edit2: I've tried all different kinds of combinations of BL + AP + CP + CSC -- what I find is when I do BL and CP separately they work and it brings the device to a slightly more working state. But when I try to do AP or CSC it just gets the same operation failed error
submitted by CarnivorousSociety to androidroot [link] [comments]

The Beginner's Guide to SPACs

What are SPACs?
A special purpose acquisition company (SPAC) is a company formed solely to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. SPACs are also called “blank check companies” because they IPO without having any actual business operations.
SPACs are generally formed by investors, or sponsors, with expertise in a particular business sector, with the intention of pursuing deals in that area. The founders generally have at least one acquisition target in mind, but they don't identify that target to avoid extensive disclosures during the IPO process.
A SPAC generally has two years to complete a deal (by a “reverse merger”) or face liquidation. Companies aiming to go public with this route are typically 1x-5x larger in terms of market cap than the SPAC itself.
The SPAC Process
The money SPACs raise in an IPO is placed in an interest-bearing trust account. These funds can’t be used except to complete an acquisition or to return the money to investors if the SPAC is liquidated.
So, in practice, these companies will typically have a $10 floor on their share price, as that is what must be paid out to holders of shares if the company does not successfully reach a deal. If the deal is not completed in time, the warrants expire worthless and the remaining funds are distributed back to the shareholders.
After a SPAC has completed an acquisition the SPAC then trades as any other company listed on an exchange. If you came across a SPAC stock several years after the acquisition, you would likely have no idea it ever started as a SPAC unless you did some research into the company’s history.
Finally, the SPAC symbol and name will change to reflect the company that has been purchased. Often the SPAC takes on the name of the new company, but that is not always the case. If you own either common shares or warrants in your brokerage account, those shares will automatically be converted to the new name/symbol.
The SPAC is Back
SPACs were popular before the financial crisis, but use of SPACs declined following the market meltdown.
Recently, though, an excess of capital has led investors to seek out merger and acquisition opportunities more aggressively, and that's led to the return of SPACs.
More SPACs went public in 2018 than in any year since 2007, raising more than $10 billion in capital for use in searching for investment opportunities. In 2019, the figure was even higher $13.6 billion —more than four times the $3.2 billion they raised in 2016.
SPACs have also now also attracted big-name underwriters such as Goldman Sachs, Credit Suisse, and Deutsche Bank, as well as retired or semi-retired senior executives looking for a shorter-term opportunity.
Through May 2020, $9.8 billion has been raised in 21 SPAC IPOs.
Recent High Profile SPACs
Example 1: SPCE. Before it was Virgin Galactic, it was a SPAC trading under the ticker IPOA. Social Capital Hedosophia raised over $650 million in 2017.
Example 2: DKNG. Before it was Draft Kings, it was Diamond Eagle Acquisition Corp. The SPAC originally raised $350 million in May 2019, listing its units under the symbol DEACU, which comprised common shares and 1/3 warrants. When the investors approved the merger, the SPAC's common shares traded at $17.53, a 75% return from the $10 offer price.
Example 3: NKLA. Before it was Tesla-killer Nikola, it was VTIQ. VectoIQ Acquisition raised $200 million in a May 2018 IPO. In March 2020, the SPAC agreed to merge with Nikola Corp at an implied enterprise value of about $3.3 billion. The rest is history.
Units, Shares and Warrants
Units
When the IPO occurs, a SPAC generally offers Units – generally at $10 per Unit. These Units are comprised of one share of common stock (Share) and a Warrant (or portion of a warrant) to purchase common stock (generally exercisable at $11.50).
Depending on size, prominence/track record of sponsors, and investment bank leading IPO, Units may consist of one Share of common stock plus one full Warrant, ½ of one warrant or ⅓ of one warrant.
Shortly after the IPO, the common stock (Shares) and Warrants included in SPAC Units become separable. At that point, the Warrants and Shares trade separately alongside the unseparated Units.
Shares
SPAC common stock is linked to the SPAC’s secure trust account. SPACs are structured such that the trust account contains at least $10.00 per public share.
Liquidity may be limited in the open market for Shares but the defined liquidation term of SPAC common equity can provide for a relatively attractive yield with an option to own a SPAC's future acquisition target.
If the SPAC fails to complete a business combination in the required timeframe, all public shares are redeemed for a pro rata portion of the cash held in the trust account.
Companies will typically have a $10 floor on their share price, as that is what must be paid out to holders of shares if the company does not successfully reach a deal.
Warrants
A warrant is like an option but traded like a stock. Warrants provide the owner the right (but not the obligation) to purchase one share of the underlying company at a predetermined price per warrant – typically at $11.50.
Almost all SPAC Warrants have a five-year term after any merger has been consummated. However, SPAC warrants, expire worthless if the SPAC can't close a business combination, are thus a binary bet on a five-year warrant on a hypothetical future company.
Warrants become exercisable only if the SPAC completes a business combination transaction before the specified outside date.
The speculative nature of this Warrants tends to lead to wild price swings.
SPAC Tickers
SPAC Shares typically trade with a four-character ticker – eg. MNCL
The SPAC Units are identified as the Share ticker plus “U” at the end – eg MNCLU
Finally, the Warrants are the Share ticker plus “W” at the end – eg MNCLW.
submitted by SPACvet to SPACs [link] [comments]

My Truth

So it was 430am and I had been awake for nearly 2 hours now unable to sleep - things on my mind. I hope that perhaps putting into words exactly how I feel will help relieve some of the worry and pressures I'm feeling inside.
This may be long so I do apologies and thank you for taking the time to read. (Also please be aware I talk about my sexuality so just in case anything of the like may make you uncomfortable.)
So I (currently 33) was born male and as of recently lived that way and have recently come out as gender fluid however I am unsure if I truly want to be female. Constantly reinforced by society that I am a boy I should dress, play etc as a boy should. I have a boy's name which to be honest unlike most non binary I am happy with and I've never felt uncomfortable with being referred to as he/him.
However I have always felt this underlying concern/question that I am not who I am supposed to be. I remember, quite late into puberty I still had not masturbated and asked my mom if I was "broken" I had never had a sexual attraction to women so when being around male friends who would comment on how attractive that girl was or how hot celebrity x, y and z were I simply would smile, remain silent or over play it. However I never felt anything. The first time I did manage to successfully masturbate helped to alleviate these feelings of "brokenness" but again this was not due to being aroused by that of a female, or even male.
I think before moving on it may be important to highlight moments I can recall where moments that I was struggling with my gender would surface however I am aware that these could have been "normal" behavior for a young boy. I remember having my sister dress me up as we would pretend to be spice girls...I wanted to be Geri as she was the one I liked the most. I loved toys and I remember playing with my sisters Barbie and RV however this was suppressed by me having an action man doll. I remember going to the shops with my and sister looking at dresses and holding one up to me and half jokingly "does this suit me?" Of course this was seen as funny, I wanted to be an entertainer so this was just something people saw me do and think "oh you, aren't you funny". A final pre/early puberty memory I have was seeing my sister have some new heeled shoes for Christmas so I snuck into my sister's room and tried them on however being young and unsure how to walk in them I instantly tipped over snapping the heel clean off, upsetting my sister and leaving me to put this experience as a reason to not pursue wearing heels.
I know this is going on so let's move forward, in 2016 I moved away from home. I was 18 and lived over 100 miles south of my hometown living and working with a unique cast of characters my eyes opened up to all manners of people. What I take from this is this would of been the very first time I openly questioned my sexuality...perhaps this is why I never felt comfortable, why I felt "broken" however even when someone did make advances with me I panicked and once again repressing these feelings and continued with my day to day.
During this time I happily chose to cross-dress for a department football match. Now I'm not a fan of football but when the ladies team needed a goal keeper I was their only option and I um'd and ar'd ultimately until they explained that I would need to dress up as a girl which I then jumped at the chance. In a poorly fitting outfit comprised of a crop top and mini skirt I felt comfortable I vaguely remember playing it off as a joke but thinking back now it was not only fun but I enjoyed it.
Over the years after this point dressing in women's clothes never really cropped up but of course I would look at dresses in a shop and wonder how it would look on me. My friend group at the time was a very stereotypical bunch of lads beer, football and girls. I get on with them they're a great bunch but I always felt uncomfortable and out of place. I would redirect a conversation so I could join in as it would primarily be about football or girls. I continued to get on with my life, feeling forever sad, I had moments of happiness but many were forced.
Now the next part of this story could be a bit TMI so you can skip if you want however I feel it's a stepping stone to where I am and why I'm writing this. I always had a fascination of transformation I remember as a child I would watch a tv show, a movie where the protagonist would be transformed into something/someone or of course body swap with someone of the opposite sex. Now what frustrated me and again building up this narrative that I was "broken" was feeling of arousal I would get from these scenarios. After watching I would be left in a state of sadness as I wanted that to happen to me, be it being turned into an animal or having my body swapped with that of a women. So upon searching the internet I found sites that allowed people who had a similar interest and would draw and upload artwork of men becoming women, women becoming men, people being turned into animals - I was happy I had found like minded people who, through their art could satisfy this deep yearning to be someone else.
(A side note when I was younger I loved theatre. I attended a youth theatre and this was always because I could be someone else)
As time went on I found more and more sites which offered artwork, offered stories - stories where I could put myself.in the shoes of the character so in my mind I could live out that fantasy. Eventually I discovered the furry fandom, briefly the furry fandom are a group of people who are fascinated by anthropomorphic animals and where they create a character that they use to interact with one another. "Great!" I thought I could pretend to be someone else. Not thinking I chose a male based character but would regularly design a female version. The main benefit of being in this fandom was meeting many people, people of all shapes, sizes, sexualities and genders. It opened my eyes to so many possibilities. This feeling I had always pushed away surfaced again but tenfold. I first began to question my sexuality more realizing that I wasn't straight and then experimenting to see if I was gay, I enjoyed my experience but again I wasn't turned on by a man. Speaking to people who had a better understanding of the different sexualities on the spectrum we identified that I fall into the Asexual umbrella, specifically Demisexual.
Apologies for all of this info dump but I promise we are getting to end….
During this time I came across sissy pornography something inside me enjoyed how these cross dressers were wearing ladies panties, makeup, stockings etc and after some time something inside me clicked "I want to try on some female underwear" my thinking was perhaps if I tried a pair and they was uncomfortable I could remove this idea that I wanted to be a girl. So I went out to the local Tesco I walked upstairs looking like I was up to no good, I had researched sizing and worked out that back then I would of been a 22 panty size. So I picked up the first pair I laid my eyes on went to the self service (luckily no tag so I wouldn't have to ask for it to be removed) paid for my "contraband" and went home.
I took them out quickly and held them up if I remember rightly they were a pair of briefs, not full briefs, navy blue thrilly around the edge and a little bow in the centre. I took off my current pair of boxers and slid on the panty and as they rested in place I was amazed by actually how soft and comfortable they felt. I looked at myself in the mirror and I loved the way they looked and the way I felt. I felt cute and comfortable, something which I had not felt for ever or the least for a very long time. So months passed, no one knew about my "dirty little secret" . I felt bad, like I was doing something wrong. But I chalked it up to a sexual kink and not a way of me opening up about who I am. I was asked by my sister to house sit while she and my brother in law went away and while sitting in their living room I suddenly had the urge to rummage through my sisters clothes and try some items on. I found a blue/purplish dress, a pair of tights and shoes which at that time fitted me...not comfortably I might add but my feet squeezed in. I put a little bit of makeup on (poorly) I had a reasonable length hair then so I found and donned a headband and upon looking in the mirror I felt good amazingly this dress fitted it wasn't too tight or too loose the tights showed off my legs I was happy, I took a photo but suddenly I was hit by a feeling of guilt and again like was doing something illegal…"this isn't right I shouldn't be doing this" so with that I took off the clothes put everything back and did my best to forget it however the photo I took would always be a reminder of how comfortable and pretty I felt at that exact moment.
Moving forward I continued to wear my ladies underwear, I bought another pack with different patterns all still donning the tiny bow on the front of the lace always making me feel like a girl when I wore them. One day when I was visiting my mom, she wanted me to stay, I declined as I had no change of clothes but she insisted on washing my current underwear and borrowing a pair from my step dad(clean I will add). Suddenly panic rushed over me winding me, I stuttered my objections leaving my mom feeling upset and unsure as to why I didn't want to stop and spend some time with her. She was unknowing of my little ladies underwear secret and how she would react washing a pair of white panties with lace, a bow and little hearts on...which her son was wearing.
That same day and a reason I can't exactly remember my step dad took me out I think my car may have been in for its MOT hence why I was visiting. My step dad had brought up about me staying saying that it was fine for me to stay and that I could borrow a pair of his underwear (again I'll add they would of been clean) already frustrated of having to make excuses I let it out, my secret I had kept silent about for so long, was out between me and my step dad...and he was absolutely fine with it, he understood said that my mom doesn't need to know, he would offer to do the washing instead of my mom limiting the chance my mom would see my pretty panties.
Once back and feeling a little better that someone knew I bit the bullet and told my mom, her reaction was confusing. She seemed fine but withdrawn from it. I know she probably didn't understand it, why would her SON want to wear ladies underwear? Now that people close to me knew my secret I felt a little relieved. I decided to tell my aunt (whom I'm very close with) and she was extremely understanding and happy for me that I was comfortable. However over time the feeling of it being a “dirty thing that I shouldn't be doing” cropped back up. Perhaps because I couldn't go and wear more than a pair of knickers, still keeping it a secret from my sister who had that nice purple dress that made me feel so good and that I wanted to try on again without the worry of being considered a freak or it was just an odd kink.
Eventually I was tormented enough to take every pair of pants I had and throw them away, gone for good I could forget about this silly little “phase”. I eventually told my sister who was shocked at this admittance but I think it was perhaps more so because I never told her sooner. I eventually told my dad after a conversation about my sexual orientation but I think that was brushed over as it was something he didn't want to consider.
So from that point on I continued to live my life as I had before putting any thoughts about wanting to be a female to the back of my mind out of the way. I lost a lot of weight which helped me find better suiting clothing but from time to time I would see a woman wearing an outfit and I would, in my head, envy that I couldn't be her. I decided to binge every season of Ru Paul - I understand that drag queens are different from transgender however the confidence and bravery to live the life along with looking absolutely gorgeous was just another thing to be envious over.
Which now brings us pretty much up to date the last few weeks thoughts of wearing women's underwear have surfaced and the idea of pushing them away has become difficult. I see items of clothing that I think I could pull off. I find that over all I have begun to feel more feminine, I've always hated my body hair but always seen it as a "man" thing to have whereas now I have shaved and smooth legs, chest and arms feel so good.
I branched out and purchased some outfits I can wear under my male clothes, I've bought makeup to practice. To help prevent the "dirty feeling" I had when I first tried on ladies underwear I decided. I would control the narrative I would tell those closest. Granted I was a bit off handed with it as I couldn't bring myself to initially say it out loud but after the message I’d sent and was read, a deeper, emotional centric conversation was had. It was hard to hear how people thought they failed me and that they were so concerned that I could harm myself from not being happy.
However I explained that 1. Coming out as genderfluid has helped me as I don't have to worry about being "caught" which would make for a more awkward conversation and 2. Over time as I become more comfortable with who I want to be. Who my true self is, I may hopefully find a place in my life where I can sit back without feeling guilty about being me.
Of course I have a long road to go before I can be confident in who I want to be. As things stand and reciting these moments that have played a part to this point I think I will always come back to the idea that I am a woman at heart.
Thank you for sticking around. I've written this to help me identify and validate my emotions and feelings at this time in my life and also as a call to anyone who read it and had experienced a similar trail of events.
TL:DR: Can intermittent moments have lead me to this point or would my experiences have been more "above" the surface. I am just worried that how I'm feeling and how I have felt is not real and is from something else, from what I'm not sure. This is to put it out there to see if there are others whos experiences were similar.
submitted by beardedguy87 to TransSpace [link] [comments]

how successful are you

I have a portfolio and I hired a funds manager to help me manager my investment portfolio.
Him understanding/checking the financial markets, keeping up on trading news, and buying and selling investments has really been a success as my portfolio is gaining its potential as i anticipated.
I have acquired stocks, bonds, and other assets in real estate etc. He has also invested with my money in binary options trading and I have been earning cool returns.
I am open to sharing my experience.
submitted by easymole to u/easymole [link] [comments]

Immediate Edge Review, Is Immediate Edge SCAM Or Legit Trading App?

Immediate Edge Review, Is Immediate Edge SCAM Or Legit Trading App?

Immediate Edge Review: Is This Crypto Robot Legit or Scam
Immediate Edge Review and investigation 20twenty. The Immediate Edge app is a crypto, forex and choices trading robot utilized by folks to automatically obtain and sell Bitcoin and create profits. Wanting at the website, many people claim it helped them move from rags-to-riches trading Bitcoin. Further, some claims linked it to Ronaldo and Sir Alex Ferguson

https://preview.redd.it/rttn3i4hohm51.jpg?width=1280&format=pjpg&auto=webp&s=8f0dc345c3ace4032d571d44fabe356f13ff1a33
Is Immediate Edge app legit or scam? Whereas the claims of its linkage to the higher than celebrities are unverifiable, we tend to can verify that the app is not a scam and permits individuals to trade Bitcoin using the Fibonacci strategy with ten minutes time frames
The app, that allows people to deposit at least $250 through mastercard and Sofort, scores 88% rate and a 5 stars as a real software
Since there are several scam cryptos, forex and options brokers who trick individuals to depositing money, and then they run away with the funds, we have taken time to review this software to determine if it is real or a scam.
Is Immediate Edge scam or legit
High success rate is reported by users with this software.
The Immediate Edge web site provides truthful claims about the service though it will not mean the crypto trading risks are eliminated with its use.
Customers should start with the minimum investment and increase it when satisfied with the utilization of the app.
Click the link to access Immediate Edge official web site or keep reading to understand more
This software will not seem to be a scam and users report that it helped them make real money trading on it.b site
What is Immediate Edge App?
Immediate Edgecould be a robot or auto-trading software that allows folks to trade forex, crypto and binary choices. A user deploys the algorithm-primarily based bot, which relies on a trading strategy that's automatically executed on a broker trading platform once deployed.
The strategy is coded or set like to permit the user to automatically get and sell crypto, stock or choices on the broker platform at favorable prices, to form profits. It can do automatic market analysis by analyzing a vast amount of knowledge from completely different sources, at intervals seconds and with high accuracy, then use the data to predict the costs. It can then come up with a transparent buy or sell tradable signal and then execute it automatically by shopping for and/or selling on the broker platform.
The software can, therefore, save a trader thousands of manual hours and labor they might have spent analyzing information to form trading choices and to follow the markets and to position and close trades. You conjointly do not want to understand anything concerning crypto, stock or option trading to use this auto trading app, although it is suggested to possess this information to keep improving on trading.
Trading bots will achieve high success rates of more than 90p.c and have been tested to work. You may be searching for Immediate Edge scam but the website can tell you that you can expect to earn between $950 and $a pair of,two hundred per day using the software but that depends on your expertise. As a newbie, you'll not start making that a lot of immediately and conjointly it depends on how a lot of you invest. With an investment of $250, you'll be able to expect to form a lot of lesser although some people claim to own made $12a pair of in a very few hours using this software.
That will not mean Immediate Edge is error-free. There still is a heap of unpredictable high volatility in crypto and bots will make mistakes and errors to create losses. Auto trading robots are better employed in combination with manual trading strategies.

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Immediate Edge Review
How will Immediate Edge work?
All a user has to try and do is join up at the Immediate Edge web site, then deposit funds to have access to the robot, when which they can begin trading by switching on the bot. It will would like no control or intervention from humans, beyond beginning and stopping it.
You additionally need to stay checking, daily, to observe the performance of the software in doing its job and ensure that it is earning any returns needless to say. From there, you can confirm whether or not to extend or decrease your investment towards crypto, options or stock trading using this robot.
You'll be able to also monitor performance to be ready to regulate the trading settings from your dashboard and optimize totally different features of the trading bot for instance set amount of trades or amount to invest in every trade.
Founder of Immediate Edge
In line with the Immediate Edge website, this trading bot was founded by Edwin James. Reportedly, he created billions with forex, crypto, and binary options trading and still shares his strategies on the way to trade the assets on the app.
He founded the app to create it potential for brand spanking new traders to create cash in less than 3 minutes of signing up.
How to sign up on Immediate Edge:
Registration: Registering or signing up on the website is free but to start trading, you want to deposit no less than $250. You discover a registration type on the top right of the page, on that you type in your email, full names and phone numbers and country code. Create a password to be used for logging in later.
Deposit funds: Depositing funds allows you to connect to a robot broker and then you'll begin the bot to start out trading. You'll deposit with Visa, Wire Transfers, Klarna or Skrill. The currencies supported are Swiss Franc, British Pound, US Greenback, and Euro and using a credit or debit card limits deposits to less than $/£/€/?10,00zero in one day and $/£/€/?40,000 in an exceedingly month.
Immediate Edgeisn’t licensed to handle your funds, it works with brokers to handle the cash once it's deposited.
Demo trading: Relying on the broker you're connected to, you can begin to practice trading with the Immediate Edge software. Some brokers do not have this feature on their platforms. Still, with the latter, you can test their options before you deposit cash to try and do live trading. With the demo options, you'll be able to familiarize yourself with the trading house before beginning to use real money to trade.
Trading: Before and when you've got switched on auto-trading, you would like to check the trading settings daily. You'll regulate some things including stop-loss orders and when to try to to them, amount to speculate per trade and how several trades to try to to per day. You'll be able to also choose that cryptocurrencies to trade, and you'll be able to select all the most in style ones together with Bitcoin and Ethereum. You also get to observe the profits/losses and decide if to continue and/or when to prevent.

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Withdrawals, user verification, cost of using the app and alternative options

The payouts or withdrawals are made by filling letter of invitation type on the funds’ management page and it can take two operating days to replicate in your checking account. No fee is charged on withdrawals. You'll withdraw your cash including the capital while not a lot of problem on this app, that is better than several that don't enable withdrawals at any time
While some bots need verifications by asking for your ID and statements, this one will not. You are done once uploading your payment details. The bot charges a commission on profit. Besides, you get twenty fouseven client support on Immediate Edge
Immediate Edge may be a legit, secure, user-friendly trading application for crypto, stocks, and choices. It has a zealous customer service and reports a high success rate. Another smart robot we have recently reviewed is Bitcoin Professional
We tend to hope that this review helped you to make a decision concerning this trading app. Additionally, subscribe to our web site to be invariably notified concerning new software from this industry. For live reviews subscribe to our Youtube Channel or FB Page.

https://www.immediateedge.org/
https://www.facebook.com/immediateedge/
https://www.pinterest.co.uk/immediateedge/
https://twitter.com/EdgeImmediate
https://www.instagram.com/immediateedge/
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The Sun Rises as Usual: My thoughts on the enactment of the national security law in Hong Kong (Author: Simon Shen 沈旭暉)

The below essay by Simon Shen (沈旭暉), a Hong Kong-based political scientist and columnist.
Link to original essay: Facebook
YouTube channel (Cantonese)
His videos and articles has been on this sub a few times (See https://redd.it/hmttfa https://redd.it/gn5j83), so I thought this one is also worth a read and discuss, whether we agree or not.

The Sun Rises as Usual: My thoughts on the enactment of the national security law in Hong Kong

July 1st, 2020 shall be remembered as the day Hong Kong completed its second Handover to China. A strong sense of despair clouds over the city as Beijing nuked us with the National Security Law (NSL). The thought of losing the authenticity of Hong Kong forever is ingrained in many of us.
The same day, the sun rises in the east as usual.The rule of thumb to survive this era of turmoil is to maintain control of your mental state. Remain unflappable by the ongoing absurdity. You live your life at your own pace with no restrictions. And that is how you win in society, at the workplace, on campus, and in marriage.
As to how we could achieve that, I hope my two-cents would give you some ideas.
The officials expected us to be overwhelmed, terrified, and occupied by NSL. Nevertheless, the clauses of the law have never been the main course of this extravagant meal. What truly awaits for us is the complete makeover of the Hong Kong ruling. Abolishing the standard procedure inherited from British Hong Kong, rationality and logical decision-making are soon replaced by the ambiguity of the authoritarian “rule of law” of China. Hong Kong has lost its place in the globe at the mercy of NSL; that is, to show a lucid message: Beijing could withdraw the “One Country, Two Systems” principle however it sees fit. Moreover, it is the re-education training CCP set up for Hongkongers to make them know their place and accept the “Mainland ideology,” which includes tolerating laws and regulations that are more “lenient” to serve the Chinese political agenda. Placing the national interests in heart, it is farewell to “Rule of Law,” and the common understanding of right and wrong and dos and don’ts.
This is the textbook example of authoritarian ruling. Perhaps people would be seeing some form of democracy and freedom; however, those were merely decoys in which the supreme power vested afar.
23 years after the Handover, pro-Beijing population remains small by default. The young generation rebukes Chinese identity even more than before. The enactment of NSL indicates the failure of CCP’s strategic approaches to entice Hongkongers. If the regular and United Front approaches failed through, they might as well execute eradication instead. It may appear as China is calling for enticement, but the underlying measures/gimmicks are showing something else. The grand Unity of Mainland and Hong Kong is nothing more than a hoax.
In this new Hong Kong, measurements taken to appease public backlash or allow people to express their frustration toward politicians or policies are stored in the past. Furthermore, the Hong Kong government has adopted more extreme approaches—severing Hong Kong into the pro-democracy camp and the pro-Beijing camp; bringing back Cultural Revolution tactics to effectively counteract dissentance; and activating 24/7 monitorization of the population. The propaganda of the CCP regime is to increasingly disintegrate the mutual trust between people by ratting and spying. Building the new norm where the civil society crumbles and espionage is normalized. People with malicious intent may find this new world rather exciting. Without the checks and balances or supervision in the system, the escalating waves of purging the “impure” in the next 2 years are anticipated.
The hostile public opinion of Hong Kong toward Beijing’s decisions have always been a throne in the flesh for the ruling party which led to it prioritizing the disunification of the Hong Kong civil society in the following 2 years—gathering the elites from all professions, alternating the policies of media regulations, reforming education to be more CCP-interests-oriented, and emphasizing the governmental compliance of all departments for effective executions of the new laws. The small population that is most affected by NSL would be those who are in the “Four Black Categories,” including the influencers and KOLs. The two major key points for Hong Kong government’s guidelines are “rule by law” and “always have the national interests at heart.” Regardless of NSL, Public Order Ordinance(POO) per se or any other laws could be used to incriminate the dissidents. Even a world-renowned Chinese artist such as Ai Weiwei was accused of Tax Evasion. Apolitical celebrities with millions of fans and could also be targeted; e.g. Fan Bingbing. Over time, people would adapt to self-censorship. As their minds slowly die of a thousand cuts to circumvent trespassing the political “bottom-line”, it includes avoiding dissenting the propaganda and minimizing exposure that may attract unwanted attention.
Oddly enough, if you were to be a tourist, you probably would not be able to capture the post-NSL nuances of this hollow Hong Kong. You would see all business continue, stock market arises, and the real estate market thrives as usual. It is as if the script written for the second Handover would play out successfully, as long as the basic needs of Hongkongers are satisfied.
Amidst of this turmoil, Hongkongers wouldn’t need me to elaborate more; however, we should ask ourselves if there is something else that we could do. Do you still remember how we were like before all of these occur? What are the options we have aside from obeying to the laws, immigrating out of our homeland, or starting riots? How should we live in the middle of this mess?
From the anti-extradition law protest to the ongoing movement we have today—disregarding the variations in the slogans—we are a part of the global transformation which is beyond politics and may very well be a segment of the fourth industrial revolution. Moving forward from now, with AI replacing brain-power taxing positions, it would be unlikely for anyone to have a stable job and their retirement secured. With that being said, we are facing a tomorrow where people could no longer rely on a singular path for career planning. The younglings are determined and flexible about making chances. They are independent individuals who seek for autonomy in life without relying on governmental entities, pro-establishment units, and consortiums, for their survival which tie into a global trend. The “ultrastable system” of the good old times Hong Kong is in the past. The young generation is calling for “Laam Chau.” (self-destruction to counterbalance Hong Kong government) Acknowledging the fact that enduring injustice would not secure any job positions, the young generation tends to take on entrepreneurship and minimizing their political dependency.
Many friends started talking about immigration. A decade ago, the media were hyping the topic regarding whether or not I would be immigrating to Singapore. I have been repeating myself—the concept of immigration is obsolete. Over the past year, would you say that the overseas Hongkongers contributed more to the movement or the apolitical Hongkongers? Even if we hold multiple citizenships, travel around the world, send our children to study abroad, or hold investments in another country, what would it matter? Any of those would not affect our Hongkonger identity. When online classes are given remotely on Zoom, would it matter if you are in Hong Kong or in Congo? The physical location of Hong Kong shouldn’t tie us down. We should sever ourselves from the idea of leaving or staying and make the world our home. By stitching the virtual world to the real world, we are undefeated by constant change. To me, that is what Hong Kong really is.
All censorship from the authoritarian regime have one in common; that is, the oppressions could never be reasoned with the Common Law. If the pro-democracy anthem, “Glory to Hong Kong,” is prohibited to be sung on campuses, what about the 80’s Cantopop hit, “Boundless Oceans, Vast Skies” or “Blowing in the Wind” which both hint liberation in the lyrics? As the movement slogan, “Five Demands, Not One Less,” was banned, could the protesters express their dissent by raising their hands to point out 5 and 1 or having the number 5 and 1 written over their tops? Does everything related to the number 5 and 1 need to be a politically sensitive topic? Could we still talk about the Labor Day that falls on May 1st? The rebellious ideology is embedded in the mind of Hong Kong protesters, as people have witnessed the incompetence of our government on a daily basis. This movement has been embodying innovation in various ways. No extra commentaries are needed. This is the true essence of “be water.”
Similarly, Poland and the Czech Republic in the 60s were under greater oppression than what we have been seeing in recent Hong Kong; however, “life always finds a way.” We now live in a globalized world where “colluding foreign forces” is unnecessary, with the help of our overseas brothers and sisters to amplify the pro-democracy messages to the international community. We shall acknowledge the fact that dwelling on the past does no one any good for sustaining this movement.
You could be someone who lacks the courage to venture out of the comfort zone, refuses to adapt to having multiple careers, resists leaving the physical location of Hong Kong, fears to put on a yellow helmet (a pro-democracy symbol), and chooses to be enslaved by the ruling party. Even if you are a Blue Ribbon ( pro-established or pro-Beijing person), as long as you are not a part of the most extreme 20% of the deep Blue Ribbon community, I say you are still a very valuable asset to Hong Kong. In this NSL-enacted Hong Kong, you should give it some thoughts about what advantages you hold that the “new Hongkongers” cannot offer. If you cannot answer this question, then no matter how patriotic you are, you will be eliminated in the next wave of selection. “Survival the fittest.” Even in Chinese companies, they still need Hongkongers to do the due diligence for them. In bureaucratic institutions, the Chinese would still need someone with a creative spirit and an international perspective while putting on a nationalist front.
Many have expressed their concerns toward the implementation of “Indoctrination” in Hong Kong, including some of the pro-Beijing parents. By sending their children to non-state-owned schools, their actions speak louder than their words. The new trend of education has confirmed that the traditional classroom model inherited from the 19th century Prussian teaching is outdated. Through big data, the teaching materials are personalized for individuals; moreover, students may build up their unique libraries of knowledge via their personal experience and curiosity. Regretfully, the new Hong Kong under authoritarian ruling embraces a rigid education system where syllabi and marking scheme is key to grooming the next generation of nationalists. The instructors would be under surveillance, school principals would bend to state-interests policies, and households would monitor each other for anti-government speeches or actions. Apparently, CCP would not succeed in brainwashing anyone with these educational reformations. Perhaps, Tik Tok may be more effective. Personalized education is an irreversible global trend. The authoritarian Hong Kong could butcher education but it could not prevent people from adapting to other alternatives. I would like to believe that the younger generations would harness the power of the internet and seize the opportunities given by an international community that has become more amiable to Hong Kong.
NSL’s main target is those who are “in collusion with foreign forces. How ironic is it to see how the strong connections between Hong Kong and the global community came back to bite per se? I recall reading from a research report, stating that on average every 1 out of 3 to 4 Hongkongers have connections overseas—overseas relatives, holding foreign qualifications or degrees, overseas working experience, having international investments, or having work contacts with foreign employees. Hongkongers have been colluding with the foreign forces before NSL made it a crime. The 2020 Hong Kong is suffering from cultural discontinuity created by the conflicts between the Chinese authoritarian system and the Western democracy system. Soon enough, “mass surveillance enabled by Big Data” vs. “A.I. regulated by privacy concerns” could be a multiple choice question for all Hongkongers. As long as Hongkongers are connected to the global network, we shall not lose our resilience against oppression.
To sum it up, Hongkongers have incorporated the world into “the revolution of our time.” March on and be water. The world we are facing is no longer black and white or binary of any sort. We may not reap what we sow. This is a long-term fight that requires us to be resourceful, as well as being mentally and physically prepared.
You may ask if I have ever wanted to leave Hong Kong. Ironically, since my 18th birthday, I have never stayed in Hong Kong for so long. The past 6 months, aside from pandemic, I have been sentimental toward this land. My profession and residences require me to travel a lot of places. I hardly stayed in Hong Kong for long as I made that decision deliberately 10 years ago. Now you may understand where I am coming from. Thus, I would not change for this NSL-enacted Hong Kong. I would not stay to make a statement, nor would I leave this land to make a stance. To my dear friends out there, my piece of advice has been the same—live like a digital nomad and have your footstep stamped locally and globally. No need to start from scratch. You may join a community that is well-established.
Should I self-censor for my safety? I’ve never been an editorial writer. My rationally words and videos are merely personal expressions of a Hongkonger. I honestly can’t get any more cautious. I am the same Simon Shen, now and always. We should not take any form of harassment or attacks personally.
Before the extradition law and the NSL, CCP had been effectively silencing dissents by sending them on one-way trips to Mainland China (i.e. Causeway Bay Books disappearances). The regime needed no bills to aid its attempt of kidnapping those who dare to voice up. Hong Kong has fallen too fast that no one bothers to attack or criticize the kidnaps. There is no such thing as making something less absurd by talking about it more. The systematic oppression of Hong Kong’s civil freedom does not only come from the without but also the within; especially when nowadays all we could talk about is “safety” and “survival.” It is exactly what CCP wanted for us to believe—we are trapped and our lives depends on our compliance. Hongkongers are being tested for our resilience. If we couldn’t pass this challenge together, how could we stand up tall as proud Hongkongers?
As to making ends meet, I’ve always believed that the global Hongkonger network is a large enough of encomany to support, expand, and give back to Hong Kong. We are all at its mercy, including me becoming a KOL. Within the Hongkonger community, I wish to be more practical and strategic; especially, in terms of elevating our quality of living. CCP is extremely calculative and different from us. It is my deepest belief that when the world sees how irreplaceable Hongkongers are that is the day when we can anticipate change. Before then, we will keep a low profile and prepare for this long battle.
Do expect the next two years to be a long rollercoaster ride with plenty of ups and downs. Hongkongers will only thrive through the hardships. Buckle up, winter is coming.
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Binary Option Trading - Trading Success Story 2016

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