I lost 9k$ trading gold. how can i forgot

[xXx_sHrEK69_xXx]

its been a week. i still feel like a shit every minute.

 

[Deleted member 3902]

its been a week. i still feel like a shit every minute.

Bruv das crazy

 

[maxmendietta]

Your gold bullions: Loses me

 

[Gonthar]

But how???
I mean you just buy gold and keep it, how can you lose it?

 

[Deleted member 275]

But how???
I mean you just buy gold and keep it, how can you lose it?

Leverage, buy high sell low

 

[Gonthar]

Leverage, buy high sell low

Yeah, you are supposed to do it the other way around - you buy when the value of gold is low, and you sell it when it's high, how can you mess up such a simple thing?

 

[Deleted member 275]

Yeah, you are supposed to do it the other way around - you buy when the value of gold is low, and you sell it when it's high, how can you mess up such a simple thing?

Youre supposes to be chad bro. Just be goodlooking. How can you mess up such a simple thing xD

But for real. Value investing has been dead for a long time now, algos took that over. Investing is mostly speculating/gambling on a vision. Some win some lose

 

[Alt Number 3]

Youre supposes to be chad bro. Just be goodlooking. How can you mess up such a simple thing xD

But for real. Value investing has been dead for a long time now, algos took that over. Investing is mostly speculating/gambling on a vision. Some win some lose

value investing is the only way average people can even have a chance of getting rich.

 

[Deleted member 275]

value investing is the only way average people can even have a chance of getting rich.

? Lol. If u mean rich as in 'saved up a good pension when ur 65yo' then yeah sure. But thats not rich in my books.

 

[Alt Number 3]

? Lol. If u mean rich as in 'saved up a good pension when ur 65yo' then yeah sure. But thats not rich in my books.

what other way is there? also not until 65 jfl, maybe aound 40s. daytrading and other methods is for the 1% the rest just lose it. of course its easy to thinkthat one might be in the 1% of successful people. i remember u were investing ur student loans, were u daytrading or smth.

 

[Deleted member 275]

what other way is there? also not until 65 jfl, maybe aound 40s. daytrading and other methods is for the 1% the rest just lose it. of course its easy to thinkthat one might be in the 1% of successful people. i remember u were investing ur student loans, were u daytrading or smth.

No, just gambling heavy on a few stocks with large leverage. Didnt workout yet.

Theres no way u gonna be rich in ur 40s with normal investing. Avg wagecuck in Netherlands saves less than 500dollar per month. Investing 6k/year aint getting u anywhere.

 

[Alt Number 3]

No, just gambling heavy on a few stocks with large leverage. Didnt workout yet.

Theres no way u gonna be rich in ur 40s with normal investing. Avg wagecuck in Netherlands saves less than 500dollar per month. Investing 6k/year aint getting u anywhere.

agree... i was taking into account like a 100k salary from engineering. and thats not an average salary. i take that back. 500$ per month is hell, i can get more than tht amount on welfare here.

 

[6’1cel]

its been a week. i still feel like a shit every minute.

couldn’t you just wait untill you found someone better to sell the gold to?

 

[TsarTsar444]

what other way is there? also not until 65 jfl, maybe aound 40s. daytrading and other methods is for the 1% the rest just lose it. of course its easy to thinkthat one might be in the 1% of successful people. i remember u were investing ur student loans, were u daytrading or smth.

the only real way to be rich is starting your own business, it's not that complicated

 

[Alt Number 3]

the only real way to be rich is starting your own business, it's not that complicated

easier said than done tbh

 

[BigBiceps]

How can you lose money in gold?

 

[TsarTsar444]

easier said than done tbh

who said it's easy? But this is the only actual way people become rich, not shitty investing, real estate or other shit like that

 

[BigBiceps]

Leverage, buy high sell low

Why would anyone do that? If anything is for certain, it's that golds value is only going up.

 

[Deleted member 2634]

I lost 2k on a shitcoin in a week and almost roped
Then this summer it magically mooned and i got them back

 

[Alt Number 3]

who said it's easy? But this is the only actual way people become rich, not shitty investing, real estate or other shit like that

it's not that complicated

 

[BigBiceps]

the only real way to be rich is starting your own business, it's not that complicated

Yes it is. It's very complicated to strike rich with your own business. Unless you have a lot of starting capital.

 

[TsarTsar444]

Yes it is. It's very complicated to strike rich with your own business. Unless you have a lot of starting capital.

i didn't mean that by not complicated, i meant how this is the only true way so it's not that unknown and complicated how all those billionaires are rich from

 

[Deleted member 275]

Why would anyone do that? If anything is for certain, it's that golds value is only going up.

If it was certain, why isnt everyone leveraging their ass into gold and becoming rich? It aint that easy lmao

 

[TsarTsar444]

Yes it is. It's very complicated to strike rich with your own business. Unless you have a lot of starting capital.

just sell 10kg of coke from Spain in Germany and you will make 500k starting capital, it's more then 50% chance of you business being successful jfl

 

[Alt Number 3]

i didn't mean that by not complicated, i meant how this is the only true way so it's not that unknown and complicated how all those billionaires are rich from

agree but in america only.

 

[BigBiceps]

If it was certain, why isnt everyone leveraging their ass into gold and becoming rich? It aint that easy lmao

Because there are methods that give more impressive returns to your money. Value of gold is always growing, but sloooowly. Everyone wants to get rich now, not in 50 years.

 

[Pillarman]

haha so dumb holy

 

[Deleted member 275]

Because there are methods that give more impressive returns to your money. Value of gold is always growing, but sloooowly. Everyone wants to get rich now, not in 50 years.

The whole stock market is growing sloooowly. Just buy an ETF and dont look back. But nobody wants to be rich 50 years from now. So stop saying it is easy to be rich in 10 years

 

[TsarTsar444]

unironically try to make 1g of anti matter in your basement, it sells for billions of dollars

 

[Alt Number 3]

Because there are methods that give more impressive returns to your money. Value of gold is always growing, but sloooowly. Everyone wants to get rich now, not in 50 years.

compound interest, he who doesnt know pays it etc etc

 

[BigBiceps]

The whole stock market is growing sloooowly. Just buy an ETF and dont look back. But nobody wants to be rich 50 years from now. So stop saying it is easy to be rich in 10 years

Well no, but let's say you invest 200 000 USD today. In 20 years with average market growth it'd be 932k, close to a million. So yes, stock market does give better returns than gold.

 

[Deleted member 275]

Well no, but let's say you invest 200 000 USD today.

Just be rich to get rich theory tbh. But yeah youre right. Also better return than real estate

 

[Alt Number 3]

Well no, but let's say you invest 200 000 USD today. In 20 years with average market growth it'd be 932k, close to a million. So yes, stock market does give better returns than gold.

if u can even slight beat the market by a few percent, then u can get way more. not crazy return like 15% + but maybe like 12% annualised? hell i made 34% this year but thats not guarenteed in the future which is y im saying 12% annualised return over 20 years can make u wealthy in the future. but the idealshere are getting rich soon, which is extremely hard to do + extreme luck. no one can do this here.

 

[Deleted member 275]

if u can even slight beat the market by a few percent, then u can get way more. not crazy return like 15% + but maybe like 12% annualised? hell i made 34% this year but thats not guarenteed in the future which is y im saying 12% annualised return over 20 years can make u wealthy in the future. but the idealshere are getting rich soon, which is extremely hard to do + extreme luck. no one can do this here.

I was getting 20% return per year until jewrona, biggest economic crash in the history of humanity, wiped me out

 

[Deleted member 3043]

if u can even slight beat the market by a few percent, then u can get way more. not crazy return like 15% + but maybe like 12% annualised? hell i made 34% this year but thats not guarenteed in the future which is y im saying 12% annualised return over 20 years can make u wealthy in the future. but the idealshere are getting rich soon, which is extremely hard to do + extreme luck. no one can do this here.

just sugarmommy max

 

[Alt Number 3]

I was getting 20% return per year until jewrona, biggest economic crash in the history of humanity, wiped me out

yeah thank god i didnt sell. shit was back up in 2 weeks. were u forced to sell?

 

[Alt Number 3]

just sugarmommy max

need psl

 

[Deleted member 275]

yeah thank god i didnt sell. shit was back up in 2 weeks. were u forced to sell?

Yeah, leveraged so was being margin called. I got back in but the stocks i was in never returned to pre covid level

 

[Jamal2222]

Imagine buying gold in a biden presidency jfl at you

 

[Alt Number 3]

Yeah, leveraged so was being margin called. I got back in but the stocks i was in never returned to pre covid level

tbh if i used margin, i wouldve lost everything

 

[wristcel]

i've lost large amounts of money trading before.
Basically, as with all things, time is a healer.
You'll get over it

 

[Deleted member 275]

Imagine buying gold in a biden presidency jfl at you

Show your gold-short position or cope.

ppl always saying random shit with 0 value and 0 money where their mouth is.

 

[Jamal2222]

Show your gold-short position or cope.

ppl always saying random shit with 0 value and 0 money where their mouth is.

I never said I bought gold, I’m laughing at your dumbass for buying it.

i trade stock options. Gold is cope.

 

[Deleted member 275]

I never said I bought gold, I’m laughing at your dumbass for buying it.

i trade stock options. Gold is cope.

Main position?

 

[Jamal2222]

Main position?

Nio and li auto but goodluck getting in now jfl. After earnings there’s a brutal selloff coming

 

[Jamal2222]

its been a week. i still feel like a shit every minute.

It’s okay , relax