Wall Street is Not for Everyone

"I tried Day Trading a few months ago and lost money."

You must do the research, you have to study companies, patterns, financial news (CNBC, Yahoo Finance, Benzinga, Reuters, and the Wall Street Journal, to name a few. If you're not willing to put in the work, then you will lose money.

The key is to create a sound trading plan — including price objectives, entry and exit points, risk-reward ratios, stops, information about historical price levels, seasonal influences, government reports, prices of related markets, chart analysis, and so on. Once your plan is create, follow that plan. 

Wall Street is not for everyone. Primarily, the way you nurture a relationship, is the same way, and more, the road to becoming a successful investor.

Bitcoin and Black America

https://www.amazon.com/dp/1079178090?ref=ppx_pop_mob_ap_share

A Beginner's Guide to the Stock Market

https://www.amazon.com/dp/1099617200?ref=ppx_pop_mob_ap_share

Investors have drawn comparisons between bitcoin and gold, viewing the former as a new digital store of value thanks to its limited supply — the total number of bitcoins that will ever exist is capped at 21 million.

JPMorgan’s own strategists say that bitcoin could rally as high as $146,000 as it competes with gold as a potential hedge against inflation in the coronavirus crisis.

Digital Gold

JPMorgan’s strategists said current bitcoin prices appear to be “unsustainable” unless the cryptocurrency becomes less volatile. 

They added that their $146,000 price target hinged on bitcoin’s volatility “converging to that of gold,” which would likely take years to happen.

The bank has been making a push into blockchain technology with its own cryptocurrency called JPM Coin and a new business unit called Onyx.

The rise of digital finance and demand for fintech alternatives is the “real financial transformation story of the Covid-19 era,” according to JPMorgan. 

21st Century Tupac

Ermias Davidson Asghedom (August 15, 1985 – March 31, 2019), known professionally as Nipsey Hussle.

"The rapper Nipsey Hussle was fatally shot outside his clothing store in the Hyde Park neighborhood of Los Angeles on Sunday, the authorities said."

Nipsey Hussle was an outspoken representative of the Crenshaw neighborhood [doing good things in the community].

"Hussle was born on August 15, 1985 and raised in the Crenshaw neighborhood of South Los Angeles. He was once a member of the local Rollin 60's Neighborhood Crips gang.

The Rollin 60's Neighborhood Crips are an African-American street gang based in Los Angeles, California, originally formed in Los Angeles in 1976 from the Westside Crips and have since spread to other cities in the United States. Membership is estimated to be between 6,000 to 8,000 people, making it one of the largest gangs in the Los Angeles area."

'Rollin 60's Neighborhood Crips' criminal activities: bank robberies, drug trafficking, homicide, assault, carjacking and vandalism.

According to the Los Angeles Daily News in 2004, Rollin' 60's was "the largest black criminal street gang in the City of Los Angeles with over 1,600 active members – the size of an Army brigade."

"Two men identified as members of the Rollin' 60 were arrested for the 1984 murders of four members of professional football player Kermit Alexander's family. Police say the gang members got the address wrong and killed the wrong family."

As of 04/01/2019, all we know is this, "A news briefing has revealed the suspect to be a young black male, and initial information has pointed to the shooter being affiliated with a gang."

As of 04/03/2019, "Herman Douglas, an associate of Nipsey Hussle, recounts when the rapper shook hands with the suspect moments before being shot to death. "It was jealousy, hate, and envy," Douglas speculated.

Mr. Asghedom was murdered in broad daylight, by a two-bit jealous rapper by the name of Eric Holder. At the very moment of his transition, the senseless reason of his murder became a moot point; doesn't matter why he was killed.

There is no escaping karmic consequences; and there is also such a thing as "collective karma."  This is not a religious bromide; this is a universal cannon. "You live by the sword, you die by it." It's that simple.All actions and thoughts create energy. Energy fields surround all things and all people. The aura that surrounds every sentient being is our energy field. Positive and negative energy remains with us from one life to the next.

There is a bright side however. If it were possible, Mr. Asghedom would not return to this existence because he's thrilled to return home. His sojourn here was not meant to be a long trip. He was here for 33 years, accomplished what he came here to do, and transitioned home.

Enjoy your rest... Nip!