PhyteClub: i wouldnt say that i'm too concerned with my financial safety
tingtrong: ok
PhyteClub: what is your opinion of my financial security?
tingtrong: don't know
PhyteClub: ...
PhyteClub: some friend you are
tingtrong: what do u mean your financial security?
PhyteClub: we're in the financial safety chat
PhyteClub: and here i am talking about my financial safety
PhyteClub: and you're all like "i think you're an asshole"
PhyteClub: which i think is totally out of line
tingtrong: :'(
PhyteClub: are you sorry?
tingtrong: yep
PhyteClub: good
PhyteClub: i think we can be friends again
tingtrong: ok
tingtrong: what do u do?
PhyteClub: i'm a day trader
tingtrong: like broker?
PhyteClub: yeah, but more seedy
tingtrong: who do u work for?
tingtrong: I mean what's company?
PhyteClub: no company, self employeed
tingtrong: ok
tingtrong: may I ask, how old r u?
PhyteClub: 46
tingtrong: =-O
PhyteClub: ?
PhyteClub: why does that surprise you?
tingtrong: nothing
tingtrong: I'm just 22
PhyteClub: oh.
tingtrong: where r u from?
PhyteClub: new jersey
PhyteClub: what about you?
tingtrong: cool!!
tingtrong: Bangkok, Thailand
PhyteClub: wow
PhyteClub: you know what they say?
tingtrong: say what?
PhyteClub: "tall man who runs into airport counter is going to bangkok"
tingtrong: never hear before!
PhyteClub: haha
tingtrong: could u tell me more, please?
PhyteClub: "man who lives in class house should get changed in basement"
tingtrong: still don't understand!
PhyteClub: that's okay, you're foreign, it's understandable
tingtrong: ok
tingtrong: how long do u work as a trader?
PhyteClub: about a half hour a day
tingtrong: r u kidding me!!
tingtrong: then the rest of your time, u do what?
PhyteClub: sit around. chill. hang. hizzy.
tingtrong: so u have a license for being a trader, right?
tingtrong: it's necessary?
PhyteClub: yes
tingtrong: and u have to accumulate working hours before take a license test?
tingtrong: :-)
PhyteClub: :-)
tingtrong: I still don't understand ,how your client trust u if u not working at the remarkable firm.
tingtrong: please tell me?
PhyteClub: it's an american thing
PhyteClub: very strange
PhyteClub: don't you worry about it
tingtrong: so if everybody use independent trader, how big firm can survive?
PhyteClub: independent traders are disreputable and therefore few peopel use them. only when you trust a person
tingtrong: such as a familier persons , right?
PhyteClub: correct
tingtrong: ic
tingtrong: so u have got a knowlege of financial background, right?
PhyteClub: right
tingtrong: what's your bachelor degree majoring?
PhyteClub: BS in economic trends and accounting balances
tingtrong: what do u mean "accounting balances"?
PhyteClub: basic accounting and market entropy combined
tingtrong: cuz accounting thing have to balance between 2 sides all the time.
PhyteClub: depends
tingtrong: how?
PhyteClub: on the one hand an accountant can manipulate funds however he sees fit, and with market entropy this can make a difference in the projections
tingtrong: ohh!! ic
tingtrong: so u have to judge the number in financial statements that which one u can trust, right?
PhyteClub: that's part of it
tingtrong: if some firm that they manipulated income for make the operating activities looking good...how do u know?
PhyteClub: i suppose you dont
tingtrong: yep. we never know the exactly numbers of it..but if operating income looking good, it will make stock price of that firm higher
tingtrong: but i the long term the stock price have to falling down, right?
PhyteClub: for most trades, yeah
tingtrong: so u have to take that risk?
PhyteClub: to make a buck
tingtrong: ok