money making trading potential

[mr take your gf]

that's not a real account I've been practicing for 3 month in demo account

next month I'll start with a real account my mentor said that I still need some practice
I'm just showing y'all the potential of trading
wish me good luck

 

[WhyNotMe_]

Goodluck been doing for two years just making money right now it's a long journey but goodluck.

 

[Seraphyx]

that's not a real account I've been practicing for 3 month in demo account View attachment 3433487
next month I'll start with a real account my mentor said that I still need some practice
I'm just showing y'all the potential of trading
wish me good luck

What steps should a beginner take to get into trading? Which form of trading is the best and is not pure speculation/gambling?

 

[mr take your gf]

What steps should a beginner take to get into trading? Which form of trading is the best and is not pure speculation/gambling?

1-youtube teaching is bullshit
2-most people that sell courses are scammer
3-you need to learn basic stuff like how to use broker firms trading platform how to open close position how to take partial (can be learned from YouTube)
4- learn risk management ( can be learned from YouTube)
5- learn fundamental analysis (paid mentorship)
6- learn technical analysis (paid mentorship)

trading is based on speculation you can't be 100% sure of what the price is gonna do, you can be 100% sure about the direction of the market with fundamental that's why fundamental help if you know that the price will go up because of inflation and interest rate you will be focused only on buying but you can't be 100% sure that your trade is gonna be a winning trade because to take your position you need to use technical analysis so the price will end up going up but it may liquidate you before that or not,
if you have a strategy with a win rate over 50% and combined it with fundamental you can be 100% sure that you will make money
and if you use all the stuff I mentioned+ risk management it's not gambling

 

[turneywest]

what strategy do you use?

 

[Seraphyx]

1-youtube teaching is bullshit
2-most people that sell courses are scammer
3-you need to learn basic stuff like how to use broker firms trading platform how to open close position how to take partial (can be learned from YouTube)
4- learn risk management ( can be learned from YouTube)
5- learn fundamental analysis (paid mentorship)
6- learn technical analysis (paid mentorship)

trading is based on speculation you can't be 100% sure of what the price is gonna do, you can be 100% sure about the direction of the market with fundamental that's why fundamental help if you know that the price will go up because of inflation and interest rate you will be focused only on buying but you can't be 100% sure that your trade is gonna be a winning trade because to take your position you need to use technical analysis so the price will end up going up but it may liquidate you before that or not,
if you have a strategy with a win rate over 50% and combined it with fundamental you can be 100% sure that you will make money
and if you use all the stuff I mentioned+ risk management it's not gambling

Thank you very much for your thorough walkthrough! Is it worth learning trading even if you only have a few thousand dollars to start with? I assume I would have to use some kind of leverage, i.e. options or something?

I am myself trying to find a good money-making method that I can do alongside university but idk if its best to try to start a business (ecommerce, agency, etc) or start trading. I guess that learning trading would be beneficial if one wants to study finance later since you learn fundamentals within finance? Anyways thank you

 

[mr take your gf]

what strategy do you use?

- I use commitment of trader to see the overall trend
- I do my fondamental analysis by reading news reports ( I can't explain how to do it's too long )
- I do my technical analysis by marking some levels on the chart and put an alarm ( I'm not gonna explain how I choose those levels because it's my mentor strategy)
- I wait for the price to go those levels and buy or sell from those levels
- I use a confirmation in smaller time frame (it's a pattern)
- use 0.5% of my capital and aim for x4 which is 2% so if I lose lose 0.5% and if win I win 2% of my capital
- or I close 60% of my position at x3 and let's the rest run till it reach a target I've marked on the chart that's swing trading
- and I repeat

 

[dark triad]

Goodluck been doing for two years just making money right now it's a long journey but goodluck.

Dude how do i get a mentor or whatever who ever thdt can teach me to trade

 

[mr take your gf]

Thank you very much for your thorough walkthrough! Is it worth learning trading even if you only have a few thousand dollars to start with? I assume I would have to use some kind of leverage, i.e. options or something?

I am myself trying to find a good money-making method that I can do alongside university but idk if its best to try to start a business (ecommerce, agency, etc) or start trading. I guess that learning trading would be beneficial if one wants to study finance later since you learn fundamentals within finance? Anyways thank you

you can start just with 100$ if you use firms
and stay away from options, that's gambling and it's a scam trade normally have full control of your trade in options you can't make x3 or x10 it's 1/1 or 1/0.9 1/0.8
and about fundamental analysis you can learn it from YouTube but bad explanation
good luck

 

[mr take your gf]

Dude how do i get a mentor or whatever who ever thdt can teach me to trade

bro it's so hard to find a good mentor because there's a lot of scammers
the problem is that you can't know if they are legit or not till your start testing thier strategy, it's not like getting scammed by Indian scammer's once they scam you they block you, those dudes will teach you bullshit and waste your time , if you don't want to wast your time purpelmiaa in Instagram

 

[Seraphyx]

you can start just with 100$ if you use firms
and stay away from options, that's gambling and it's a scam trade normally have full control of your trade in options you can't make x3 or x10 it's 1/1 or 1/0.9 1/0.8
and about fundamental analysis you can learn it from YouTube but bad explanation
good luck

I suppose u mean prop firms? Which firms are good? Thank you

 

[turneywest]

- I use commitment of trader to see the overall trend
- I do my fondamental analysis by reading news reports ( I can't explain how to do it's too long )
- I do my technical analysis by marking some levels on the chart and put an alarm ( I'm not gonna explain how I choose those levels because it's my mentor strategy)
- I wait for the price to go those levels and buy or sell from those levels
- I use a confirmation in smaller time frame (it's a pattern)
- use 0.5% of my capital and aim for x4 which is 2% so if I lose lose 0.5% and if win I win 2% of my capital
- or I close 60% of my position at x3 and let's the rest run till it reach a target I've marked on the chart that's swing trading
- and I repeat

What is better, trading forex or cryptocurrency?

 

[mr take your gf]

I suppose u mean prop firms? Which firms are good? Thank you

ftmo

 

[mr take your gf]

What is better, trading forex or cryptocurrency?

forex for sure, crypto is also good

 

[dark triad]

bro it's so hard to find a good mentor because there's a lot of scammers
the problem is that you can't know if they are legit or not till your start testing thier strategy, it's not like getting scammed by Indian scammer's once they scam you they block you, those dudes will teach you bullshit and waste your time , if you don't want to wast your time purpelmiaa in Instagram

I dont find anything bro its js some thai young girl