Northernlion reacts to absurd financial TikToks
ฝัง
- เผยแพร่เมื่อ 15 ต.ค. 2024
- yeah just sell when the line stops going up
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Twitch: / northernlion
TH-cam: / @northernlion
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Stream date: 03-21-2023
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#northernlion #clips
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“Maybe the librarian will edit it in” he’s getting complacent
Something something strong men something something bad content
@@aureus79+2
@@aureus79 +2
@@aureus79 this comment fucked me up
Getting? My dude, when he had the two parter Isaac episode it was the most video editing he's ever done lmao
i love how the librarian is just part of the stream . stay pegged librarian!
So pegged
NL knows he can make references to tiktoks and memes now because you'll edit in the context lmao, thanks librarian!
"Maybe the librarian will edit it in" LMAO
OMG he did!!
"Technical analysis is just astrology for men" So true chatter, so true
Thanks librarian for editing the videos in :)
That guy might be up 100 units, but NL is up 100 +2s
I love the inability to understand that "anyone could do it" ≠ "everyone can do it"
If everyone can easily and reliably make thousands on sports betting in the long run, then the whole business model of running a gambling establishment falls apart.
Ok but this time the house definitely won’t win, I’m sure of it
For information: 'professional' gamblers start with a fund of 100 units. You decide the value of your unit, but the idea is that you bet a maximum of 1 unit per bet.
For example, my unit value would be $1 so I would deposit $100. Each bet I make would be $1, with the idea of profiting each one. This in theory minimises losses if bets dont hit, while providing a steady return rate when your bets are correct. It also reduces the likely hood of high risk stupid all in yolo bets (never do this, this is why you lose money).
So being up by 100 units implies he is up 100% on his original deposit.
Dont gamble unless you can afford to (insert train copypasta).
Save your cash and buy your mom some flowers or something nice xoxo gossip girl
least helpful northernlion viewer
@@lucasnadamas9317 yes and no. Even in sports betting complete laymen average same results as experts. It's how the bets are designed. It's basically impossible to know it better than the bookmakers
yall haven't won 100 units before and it shows
When you’re up 100 units but the units are cat turds..
Units -> Fuel Units -> Freedom Units
"maybe the librarian will edit it in" you should have hit him with the rock sus eyebrow
Chat has never been addicted to gambling and it shows
Bat zoomin down the backrooms is some of the funniest I've heard in a minute, so good lmao
Face it Librarian. You've been put in the franchise whether you like it or not. It's only a matter of time before they start asking you to edit their videos too (which technically you already are). :P
Let me be the first to congratulate you on being a very useful member of the Letourneau franchise.
I appreciate all the extra editing you do :)
I watch this dude every damn weekday, but hearing him say “Maybe the librarian will edit it in” blew my damn mind. I didn't even know he knew about this channel. Has he talked about it before on stream? This is a fantastic development.
There's a joke community post about 10 posts back, look up that one it's actual gold
Yeah he mentions the Librarian super frequently on stream (maybe he didn’t do it as much a few months ago when you posted it). The librarian is definitely deeply entwined in the NL mythos at this point tho
this guy just assigning the librarian homework now LMAO
Financial Advisor has logged on
if he turned a 135$ bet into 3000 then that means at least 22 other people had to lose 135 dollars. So it literally isn't "so easy anyone can do it" because the only way that someone can make money is if lots of other people lose money...
When you gamble you can only lose 100% of your money, but you can win 1000% of your money. Think about it.
You can only lose all of your money but you can actually win infinity money, the only way to lose is not to play take the red pill and stay pegged gamers
Gambling with stocks can actually put you in debt xD
@@Xankek Only if you either borrow the capital you are financing the stock purchases with or you use derivaties (options or certain leveraged items). Options are a great recipe to blow yourself up. If you just take money from your bank account and buy a stock in a boring company like Coca Cola you might be in the red for a while but chances are extremely low that your money will be gone in your lifetime and quite high it'll net you more money than a bank savings account. Stocks are fundamentally a rigged gamle, where instead of the game being rigged in favour of the house it's rigged in favour of stock owners.
pausing youtube in one tab to open youtube in another tab to watch a clip of the video I was just watching because I needed to see the bat zooming
thank you for your swift and hard work as always pegged librarian
"if i can do it you can do it"
[actively isn't doing it]
pepeW Librarian get to work! I can't possibly adjust my screen regions to show these videos on stream.
The guy in chat that's like ":clueless: I just trade" sent my sides into orbit, I'm impressed
NL confirming FOMC 25 bps? Wow he is an economic genius
25 points!
s tier thumbnail
Bruh, my mom is a retired accountant, and she used to laugh at the returns she was reviewing. Day trading is basically rich- person gambling. She saw MASSIVE day trading losses, and she also saw millionaires who made thousands of trades in a year, only to see a couple thousand bucks one way or the other.
Day trading isn't how you make consistent money.
they edited the vidoes in pog champion
+2 units
The investing dude literally has the view of a 14 year old who just learned what the stock market is 😂
Pogged out work as always
Buy low sell high bad girls do it well
free armor trimming
I agree with that guy, college isnt for him
The pool analogy goes hard here
these people are just permanently trapped in my once every two years pre-casino trip cope brain where I think I'm gonna leave the casino with a profit
That bat really is in the backrooms
These smaller size vids are nice make more of these please
He edited it in the short way
+2
Next time, don't put the video in lmao
Also, BTW I'm up by 100 units.
Dude if you buy low and sell high you'll become rich, did you think about that?
the funniest thing about the Robinhood people is that on Robinhood the money you put in technically isnt even your money since you have to sign a ToA before using it agreeing that any money you put into it and profit from is basically an IOU so if Robinhood doesn't feel like paying it to you, they don't have to.
NL is better entertainer because of the Librarian’s existence.
Ok I'm very uneducated on the trading and economy stuff, can someone explain how the last strategy is BS if they got 20x money off of it? Im genuinely confused bcs it looks like it worked for them?
He's implying that you can identify a stock that's going up, catch it while it's still low enough that you can buy it low, and always be able to sell it just as it's peaking. If it was possible to do that so easily, you don't think everybody would be doing it?
So either they're lying about their success or they're extremely lucky idiots whose luck just hasn't run out yet.
The "strategy" is stupid because the entire thing hinges on the line that's going up to keep going up. That's not how the stock market works. It's not so much a strategy than it is magical thinking. You're basically betting on the line to keep going up without any additional knowledge about the company, the product, the company's competition, the wider economic context etc. when the line could just as well either plateau or dip massively.
Imo the dude is either misinforming his audience about the actual steps he takes aside from that, or he's just really dumb and has been really lucky.
Short-term variation in stock prices are essentially random and impossible to predict unless you have good information and detailed analysis, and even then they are still unpredictable. It's impossible to guarantee that every time you buy a stock it will go up to a point where you can make a significant profit selling it. It's equally likely that it'll go down after you buy it, at which point you'll have made a loss, so this "strategy" is basically gambling. Also human psychology is such that you're very likely to be able to time your buying and selling "correctly" (i.e. you might hold on to a rising stock for too long, or panic sell a depreciating stock) - professional day traders earn six figures and use fancy software to try to predict market movements and correct for human biases and even they can't consistently beat the market, so it's ludicrous to imagine that you can do it just sitting at home. These people are probably lying or not telling the whole story.
It might as well be gambling. Just because someone got a jackpot on one of their first few spins doesn’t make it a viable strategy for making money.
I remember I did bet matching for a couple days in Uni and with around 4 hours of work managed to make an extra £80 total. It's absolutely not worth it unless you're already starting with capital, and I think that's the case with all gambling. I'll go to the casino, but I only go with friends and set a hard cap, so that my worst case scenario is that I've spend £20 to have a fun night out with my friends. The problem with winning is that most people have the sickness where every time you win, you just think about how much more you'd have won had you bet 10x your initial. And that's how you lose.