Don’t daytrade

[OrbitMax]

Listen I know everyone wants to get rich quick and day trading seems to promise that. However, that’s exactly the problem too many people wanting to get rich quick while not having the necessary emotional intelligence to get rich. Trading is great and I trade however when I did daytrade I lost a shit ton of money. At first you get lucky and you believe your the next “millionaire” ain’t gonna happen. At the end of the day trading is calculated gambling and it doesn’t teach you necessary life skills like starting a business would. So do that instead.

 

[dxoforprez]

i day trade and i’d recommend it to people if they put aside the “get rich quick” mindset and shoot for funded accounts first

 

[hxdsxn]

shut the fuck up bro

 

[Iblame2023]

i day trade and i’d recommend it to people if they put aside the “get rich quick” mindset and shoot for funded accounts first

Do you have payouts ?

 

[dxoforprez]

Do you have payouts ?

nah tried taking a 50k funded and failed so waiting to get out of school so i can trade ny open, also i was like a month into trading when i tried for the eval

 

[AbelMakkonenTesfa]

.org "money making thread" slop anyone that talks about trading here is a retarded 14 year old 1% of them have ever even got the chance to blow a funded account a bunch of larps thats just papertrade lolll

 

[bbobby.]

Trading is a game of patience sold to the impatient. The best way to become profitable is to close the computer when you don't know how price is going to react. With recent events I've only been taking 2-3 trades a week.

 

[Weatherspace]

i day trade and i’d recommend it to people if they put aside the “get rich quick” mindset and shoot for funded accounts first

dont bots just beat u everytime

 

[eduardkoopman]

i day trade and i’d recommend it to people if they put aside the “get rich quick” mindset and shoot for funded accounts first

Trading is a game of patience sold to the impatient. The best way to become profitable is to close the computer when you don't know how price is going to react. With recent events I've only been taking 2-3 trades a week.

Listen I know everyone wants to get rich quick and day trading seems to promise that. However, that’s exactly the problem too many people wanting to get rich quick while not having the necessary emotional intelligence to get rich. Trading is great and I trade however when I did daytrade I lost a shit ton of money. At first you get lucky and you believe your the next “millionaire” ain’t gonna happen. At the end of the day trading is calculated gambling and it doesn’t teach you necessary life skills like starting a business would. So do that instead.

Basically for almost everyone, daytrading is a losing thing when it comes to putting your time and money into that.
don't become another sucker, whom gets his money and time stolen from.

 

[monk321]

skill issue

 

[Jesus_ist_König]

Day trading = Low iq

 

[Jesus_ist_König]

Basically for almost everyone, daytrading is a losing thing when it comes to putting your time and money into that.
don't become another sucker, whom gets his money and time stolen from.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101

 

[OrbitMax]

nah tried taking a 50k funded and failed so waiting to get out of school so i can trade ny open, also i was like a month into trading when i tried for the eval

Bro exactly I had fundeds too just don’t waste your time it’s meant for you to loose. Just invest smart like in real estate or the S&P. Or you could just invest in government bonds. (This is the safest investment)

 

[OrbitMax]

Day trading = Low iq

Agreed

 

[OrbitMax]

dont bots just beat u everytime

There’s no way you truly believe in a.i trading. People just be believing anything on TikTok

 

[OrbitMax]

Trading is a game of patience sold to the impatient. The best way to become profitable is to close the computer when you don't know how price is going to react. With recent events I've only been taking 2-3 trades a week.

Yes that’s good. And I’d recommend to someone before they start trading to paper trade for atlease a year. That’s what I did

 

[eduardkoopman]

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101

thanks for the link, mentioned in the video.

"We show that it is virtually impossible for individuals to day trade for a living, "....
We find that 97% of all individuals who persisted for more than 300 days lost money. .......
Only 1.1% earned more than the Brazilian minimum wage
and only 0.5% earned more than the initial salary of a bank teller — all with great risk."

 

[Jesus_ist_König]

thanks for the link, mentioned in the video.

"We show that it is virtually impossible for individuals to day trade for a living, "....
We find that 97% of all individuals who persisted for more than 300 days lost money. .......
Only 1.1% earned more than the Brazilian minimum wage
and only 0.5% earned more than the initial salary of a bank teller — all with great risk."

Didnt watch the video, no problem though
Its from the trading megaguide of that guy, best trading guide i have ever read

 

[WhateverItTakes1]

and any move you make is already priced in its just insiders farming everyone