Should I just call it a day? I can barely tie my shoes, I shouldn't be trying to trade..
>>62538670I lost 20k this year trading because I am retarded you'll be fine
Thought i was being clever investing in quantum stocks. Im an engineer and interviewed for these companies recently and it wss obvious to me they are full of shit but I thought they were good at scamming.
>>62538674Forgot to mention this is my entire savings lol
Or will it go hack up eventually? Like if stocks plateau and never reach their levels again all of our money will be worthless anyways right? I thought that if u humanity stops making exponential progress mist of us will die off right?
>>6253868920% is nothing. Make a better TA algo to increase your confidence in buying low, or just lower your leverage and properly adjust your stop loss orders. You'll make it.
I think k im down 60k in the last month alone lol
>>62538769I dont know if u noticed but I bought the stock high. I quit weed and was like "well im gonna do something with my life". Stupid. Worse than stupid, I knew it was wrong and i did it anyways, i didnt except 20 fucking percent drop in 2 weeks though. Will it stop dropping?What is a TA algorithum? What does TA mean? I just put my money in quantum and Healthcare stocks like a newb
>>62538795Is 60k 20 percent of ur entire network?Also shouldn't we just sell and call it a day for a for months? What is the proper action when shit like this happens? Making 3 k back wont change my life but losing another 3k will fuck me.. This is all the money I have. I do get 3k twice a month after tax but I dont start that job till mid august
>>62538670get an edgeotherwise you are blind
>>62538670Trade with tiny amounts until you're actually profitable. Realize trading is retarded for building wealth. Keep trading small amounts because its just a degenerate gambling hobby. Try to have fun.You didnt catch the obvious nasdaq100 bottom with a 125X leveraged long turbo future? Then sell that off to buy a 50x leverage short turbo future? You would have made up for all those loses + end the day above index ytd.
>>62538670See >>62538864If this is actually money you need then start asking yourself hard questions. What's your advantage? Who is on the other side of this trade? What % move would invalidate this thesis? Etc. etc. Otherwise keep at it and if worse comes to worse, you can always tell yourself no crying in the casino.
>>62538899Can you please elaborate
>>62538964I thought i did do that which is why I invested in quantum stocks. That was my edge. Diversified with Healthcare and a bit of the big tech goys. Did anyone who didnt shortsell even make money this past month? I did reserch and thought that tesla wouldn't start dumping till August and the AI bubble wont burst till december. Obviously it wss wrong. Should I sell now and reevaluate and learn more and come back or should I hold this for now cuz it has nowhere to go but up now?
>>62538996>Quantum stocks>Tesla researchGood luck man. Also that's not what edge means in this case otherwise your PNL graph wouldn't look like that
>I'm an engineer>clearly eslThis is why jobs don't pay shit anymore.
>>62538670Buy 1 share of VOO every week for the next 20 years and dont fucking look at the priceCongrats you're now retired
>>62538996One of the best things you can do is read the 10-K of a company all the way through. You'll miss opportunities on things like people speculating/gambling on retarded shit (Elon Musk products), but you'll also minimize the amount of retarded shit you buy that doesn't actually work out because you'll see how fucked their financials and company direction actually are.It's also boring as hell.
>>62539242>Just have 33k in disposable income every yearWhy didn't I think of that?
>>62539277Thats not hard to do anon. Go flip furniture on Facebook market and deliver to boomers
>>62538675you have no fucking edge man. This stock list looks like its straight from CNBC's fast moneyif you have no edge and have no desire or IQ to think differently, why do you expect to make money doing this? Stick to your day job. For example, go look at TRV, ALL, CB stock. I guarantee nobody you know even considered buying insurance stocks, but anybody with their eyes opened the last 6 months who was watching when they were getting massacred by the long AI trade understood that there was a negative correlation between defensive value and high beta dogshit, and that trade would one day unwind. Those who knew profited and didnt hold high beta dogshit way past its expiration datethink differently or STICK TO YOUR DAY JOB. NO EDGE = NO TRADING
>>62539621Quantum computing is going to be viable eventually. I didnt have my eyes open last 6 months. I sobered up and invested. I admit it wss stupid. Can u share ur portfolio?
>>62538675quantum stocks are an indirect trade on bitcoin because the only thing they'll be good for is cracking the satoshi wallet
>>62539621Kek you have no edge neither sit the fuck down you ain't schooling nobody.