kranerman23123
Luminary
- Joined
- Oct 16, 2022
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Dude youre a noob. Gambling is investing money with absolutely zero strategy or expected long term return, whether your preferred method of gambling just so happens to be profitable or not (theyre usually not) doesnt change anything. With any legitimate way of making money long term, there is risk involved yes, but ultimately you have an expected return (EV), profit margins, equity. If you dont have any of this you arent going to make a living. You might get lucky you might get unlucky. Its a gamble. You have zero control whatsoever over the outcome. That's the point. This is what seperates a professional poker player from a gamblerYou’re low IQ if you can’t see how LIFE in itself is a gamble to begin with
Literally nothing is guaranteed
Sorry you let your emotions drive you to unprofitabllity and blind you to the fact that losses are simply costs of operation with proper risk management
The reality with day trading is that you simply have no strategy which gives you a statistic edge over the market long term. If you did, a few things would also be true: firstly you would be able to compound and scale that strategy into the tens of millions extremely fast and become one of the most successful people in America. Secondly you would have wealthy investors and billionaires who would actively seek you out and beg you to trade their money for them.
Some people argue "well my strategy relies off of smaller market cap stocks and theres not enough liquidity to scale" but those kinds of strategies are extremely opportunistic, volatile, short term, and risks blowing up and not working anymore at any moment, which if you are a margin investing day trader could ruin your life. Day trading just isnt real dude. There is no reliable way to predict the future.
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