Does anyone here do trading

[RJ_ascends]

Title. i see .org users do a lot of other methods but i was wondering if anyone actually does trading

 

[blinkers]

@Seth Walsh

Most famous one here

 

[RJ_ascends]

@Seth Walsh

Most famous one here

what niche do ya'll usually trade in? prop firms, options, futures, etfs, etc.?

 

[willascend123]

Title. i see .org users do a lot of other methods but i was wondering if anyone actually does trading

yes. prop firm futures. if your thinking abt getting into it, dont.

 

[RJ_ascends]

yes. prop firm futures. if your thinking abt getting into it, dont.

I do a hella niche part of trading and im very profitable; I just wanted to see if anyone else here trades that niche.
im not retarded, i understand prop firms are competitive

 

[cargo70]

Title. i see .org users do a lot of other methods but i was wondering if anyone actually does trading

@Seth Walsh does

 

[RJ_ascends]

@Seth Walsh does

what does he trade

 

[Seth Walsh]

what does he trade

Cryptocurrency when it trends. Not too interested in trading equities - I just buy tax advantaged diversified equity holdings for the long term.

Pretty much just a long term trend following trading approach to liquid cryptocurrencies.

This thread has a lot of notoriety since I made a lot of profit from the trade. I didn't predict the future but a huge trend did play out over the proceeding 6 months. Which was very nice. https://looksmax.org/threads/buy-solana-now-wait-6-months-get-super-rich.758683/

 

[RJ_ascends]

Cryptocurrency when it trends. Not too interested in trading equities - I just buy tax advantaged diversified equity holdings for the long term.

Pretty much just a long term trend following trading approach to liquid cryptocurrencies.

This thread has a lot of notoriety since I made a lot of profit from the trade. I didn't predict the future but a huge trend did play out over the proceeding 6 months. Which was very nice. https://looksmax.org/threads/buy-solana-now-wait-6-months-get-super-rich.758683/

Alr thanks for the response! I will check out the thread, seems pretty interesting.

 

[Seth Walsh]

Alr thanks for the response! I will check out the thread, seems pretty interesting.

It's all in the past lol. But yeah, was a full cycle from around a $9-15 bottom up to over $250. In an extremely liquid coin like Solana that was extremely fortunate timing.

There's no real lesson there except that some outsized trades can pay for pretty much all of your profits, even if your "win rate" is very low.

Zooming out and sticking to long-term trend trades in larger cap coins is probably the only stable way to make money in crypto.

Sticking to rules and staying out of the market unless a price trend permits you to enter, is probably the best way to keep yourself exposed to upside without exposing yourself to the consistent possibility of ruin. Staying out of the market and not making decisions is probably more important than anything else.