Why is day trading so harddd How do I git gud
>>62117135you need to understand the nuances of day trading
>>62117135You can have the best entries but if you can't handle your emotions then you don't stand a chance. This is why I joined theta gang.
>>62117135it's complicated
>>62117135You’re trading against Jews who sacrifice babies to demons in order to profit. You don’t stand a chance goy.
It's not that hard to trade btc. You gotta trade based on the 4 year cycle + support and resistance. With those 2 things, you can make some good money. Have a good stop loss in case some shenanigas happen, and there you go
The best way to think of it, even this is not strictly true, is a lot of the big players want to take money off of the noob retail traders by using sophisticated tricks that will get the better out of most people that are not using billions of dollars worth of instruments to get an advantage such as investment bankshuman nature dictates that you will panic and lose your stuff with a bad entry and bad exit. you will always be playing checkers whilst the people youre up against are playing chess
You can't. Day trading is fake & gay. You are literally gambling.
>>62117446An example is:Sometimes it can feel like trades are always going against you. Obviously there isnt someone tracking your trades but big institutions will be tracking the general sentiment. They might see something like 100,000 people buying into a position at a price, then they manipualte the price, blow out like 10,000 people that exit, they take that money as it recovers.You will find yourself in that losing position that gets blown out way more than you find yourself making the perfect trade. You see, its not just about avoiding losses but also exiting at the perfect time to maximise your return on investment. its really really really hard and might as well be random
>>62117135Less than 1% of millionaires are day traders. It will not work out for you in the long term. Markets trend upward, yes, but day-to-day charts are essentially random
it's literally gambling with worse odds. you're better off going to an actual casino and not larping as an investor
