bossman
Surgerymaxxer-in-progress
- Joined
- May 19, 2019
- Posts
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Any better alternatives?
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but can you make money from itYes it is legit. Will it keep you up at night and be on ur mind 24/7? Absolutely yes
Indians only lose money to itbut can you make money from it
Definition of rent freeYes it is legit. Will it keep you up at night and be on ur mind 24/7? Absolutely yes
honestly cant tell if ur bein ironicYes bro Forex plug and play. Make money.
Can't tell if you're doing some high level trolling right now or nothonestly cant tell if ur bein ironic
whatCan't tell if you're doing some high level trolling right now or not
Any better alternatives?
what's the best wayIt's the quickest way to get rich, but not the best way.
where can i get the knowledgeIt's legit but u need the knowledge
investopedia.com is a good resource. FOREX is way too liquid. Usually institutions don't bother trading it actively until they've about $10b to trade with. There's $5T daily volume.what's the best way
where can i get the knowledge
The knowledge is abstract. It doesn't come in a package that can be handed to you. Making lots of money is not easy! It's very very hard. Asking questions like you are will easily lure you into the hands of a conman or con scheme where you'll lose your money. So stay low profile and start learning on your own. Learning not to fall for a con, before you fall for it, is a good place to start.what's the best way
where can i get the knowledge
brutal, just made babypips highschoolinvestopedia.com is a good resource. FOREX is way too liquid. Usually institutions don't bother trading it actively until they've about $10b to trade with. There's $5T daily volume.
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Try opening a demo account on the stock market and start learning why markets move. I wouldn't advise putting real money into trading even if you have years of experience. It's really difficult and risky. New money gets sucked up pretty quick by professional traders and hedgefunds.
If you try to trade you'll find that things will always go against you, even if you have done immense research and implemented your own trading strategy and risk management paradigm.
You should definitely start learning about the markets because it's fascinating, but be warned that it's very very easy to lose everything you put into it, really quick, even if you have tons of knowledge and experience.
Think of it this way. Big money is what actually moves markets. The big institutions have the big money. They all want to earn money in the markets, and they have so much money that they can move the markets substantially. They won't be winning/losing money between themselves. They'll be mostly earning and retail traders will be losing. They can push asset prices to levels where the collective majority of retail traders lose money, so they take it off you.
The only reason leverage exists is so smaller traders can be liquidated. Why else would exchanges let you borrow money to trade with, which they borrowed from investment banks? So they can liquidate you and take it all back plus the money you didn't borrow.
Look up Anton Kreil on YouTube, he explains basic market psychology pretty well.
The knowledge is abstract. It doesn't come in a package that can be handed to you. Making lots of money is not easy! It's very very hard. Asking questions like you are will easily lure you into the hands of a conman or con scheme where you'll lose your money. So stay low profile and start learning on your own. Learning not to fall for a con, before you fall for it, is a good place to start.
The channel "bitcointradingchallenge" on YouTube is a goldmine. That guy Bennett really explains how everything works and how important sentiment analysis/ advanced market data / exploiting retail traders etc is.brutal, just made babypips highschool
now I am discouraged because it sounds so logical
and I dont want to try my luck
into bitcoin again ?The channel "bitcointradingchallenge" on YouTube is a goldmine. That guy Bennett really explains how everything works and how important sentiment analysis/ advanced market data / exploiting retail traders etc is.
His style of trading is to attempt to mirror Hedge Fund / Professional trader's positions and to take the other side of retail traders positions, despite being a retail trader too, just working with more data and looking at the market and market psychology through a different lens.
He has 200+ videos I think. Based on cryptocurrency trading but he really teaches a lot.
You can get the knowledge from babypips and r/forex data.what's the best way
where can i get the knowledge
thanks bro. i'll be watching anton kreil.Try opening a demo account on the stock market and start learning why markets move. I wouldn't advise putting real money into trading even if you have years of experience. It's really difficult and risky. New money gets sucked up pretty quick by professional traders and hedgefunds.
If you try to trade you'll find that things will always go against you, even if you have done immense research and implemented your own trading strategy and risk management paradigm.
You should definitely start learning about the markets because it's fascinating, but be warned that it's very very easy to lose everything you put into it, really quick, even if you have tons of knowledge and experience.
Think of it this way. Big money is what actually moves markets. The big institutions have the big money. They all want to earn money in the markets, and they have so much money that they can move the markets substantially. They won't be winning/losing money between themselves. They'll be mostly earning and retail traders will be losing. They can push asset prices to levels where the collective majority of retail traders lose money, so they take it off you.
The only reason leverage exists is so smaller traders can be liquidated. Why else would exchanges let you borrow money to trade with, which they borrowed from investment banks? So they can liquidate you and take it all back plus the money you didn't borrow.
Look up Anton Kreil on YouTube, he explains basic market psychology pretty well.
which do you reckon is the most profitable broOptions trading
Real estate wholesaling x leads generating
Crypto trading
Crypto hodling (any decent top 20 coin or an innovative privacy coin will be good)
Forex trading