How do you survive by day trading?Where do you get all the secret insider info from pharma startups, glucose tracking companies, korean, chinese power companies, etc?Do you have some kind of news crawler set up? Do you just read RSS feed of business and company news?
>>534549963https://youtu.be/e-QmGJU1XYc?si=VAakPgBHAaYm3K7l
90 something % of day traders give away their cash to the 10% that make it big. Don't gamble.
>>534550349>Don't gambleI have no other choiceI'm up 12% today
>>534549963>>534550400Understand what volume.profile is and how it works. You're not making big wins, your making consistent small wins. Find a few niche stocks with high volatility, this means their price fluctuates all the time.
>>534550583>You're not making big winsThese are for me. I need 300 euros montly to survive. If I make 60 euros daily that's fine with me.I lost a lot, now I'm trying to make back what I lost on more stable stocks.I've lost with oil bunkering penny stocks because turns out geopolitics didn't cause them to pump unfortunately.>few niche stocks with high volatilityWhich ones you mean? WHich industry?I focus on tech mostlyMemory chips is a big thing now - sandisk, hk hynix, micron, etc are up 1000% since last summer
>>534549963Just stick to gold and a few currencies.
>>534550746How are chips made? What mines produce which minerals and rate earth metals? I think you should take a bit more time to truly understand the market and what trading actually is before ypu lose even more than ylu already have. Are you familiar with cumulative volume delta? The stock that you tade doesn't really matter as long as you've watched it for a while and recognize its volatility patterns.
>>534550897Fuck gold.I lost on gold miners all my life's savings on march 3rd-4th . I never expected gold would crash like a shitcoin.No one needs precious metals. Their value is greatly overinflated.
>>534550957youre supposed to short when it crashes
>>534549963Bro you’re donating your money to goldman sachs.The jews set the numbers.
>>534549963Literally just vibe trade it's easy as hell. I'm at 37% return annualized compared to like 15% for the same length of time. Currently half my money is in micron (bought at 420, which was already super late) and other half in ASTS. Good time to buy the latter it got tanked recently by the bad satellite launch.
lol it's a casino that doesn't reflect the real world. The fact you think it does is why you "lost a lot".
>>534549963iam recovering right now. after trump and luigi fuck my ass hard
>>534549963It’s mostly just pattern recognition You gotta practice it Simulate trades with no money first It’s just watching the line Insider info is just in the elite circles
>>534551163>compared to like 15%for the S&P*
>>534550583This
>>534550941>What mines produce which minerals and rate earth metals?I know 2 companies that deal with this stuff:Applied Materials and MP materialsThey are also all up since last year. I've gained some % with them last autumn but they are not as profitable as this hyped chip stuff.>>534550941>cumulative volume deltaDo these patterns even have any meaning if most of the market is moving based on the few stocks in every specific industry?I just check total mkt cap values, trading volume in the past day or a week to understand if any meaningful fluctuations are possible.>>534551035I don't do prediction markets. That's too much gambling for me. I just buy/sell.
>>534550400>69 eurosThis is a troll
>>534551170If you moved here, you could survive like 10 years here without working at all.What industries do you day trade in ? tech, military?
>>534551260Real.Picrel is how much I have in my bank account.I have just enough to buy food twice.I survive just by day trading.
>>534551163>Literally just vibe trade it's easy as hellthis is what i do too. chart-cels are constantly BTFO by not understanding the geopolitics (jews)>>534551170i bought AFTER that.
>>534550957gold is amazing return. you just gotta stick to it for 20 years.if you wanna make quick bux trade Nvidia, Google and Meta only.
>>534551214>Do these patterns even have any meaninYes. Are you familiar with order flow or the order book?
>>534551428>20 yearsI don't have that much time.lmao>>534551428>make quick bux trade Nvidia, Google and Meta onlyToo low swings. Maybe 4% weekly - tiny.I focus on something that can bring in about 10% daily. On worst days - 5%.>>534551429>Are you familiar with order flow or the order book?I'm not a pro trader. But yeah I've seen order book in web versions of another trading app - basically how is the sell/buy ratio split in percentages. If sells exceed buys - just jump the ship then.
>>534551567If you're not a pro trader then you should not be day trading as you're livelihood anon
>>534551272uhm, tech is ai bubblemilitary is gay, except northrop grumman.Iam mostly Healthcare(Insurance, it kills lots of americans), Reits(hospitals, old peoples homes, Luxury Fashion(HermesLvmh)so iam death by insurance, aging population, faggy fashion guy. i also do pharma like eli lilly too. United health got also AI which Optum so iam exposed to AI aswell.my bet
>>534551359Richest baltoid alive
>>534551567>Maybe 4% weekly - tiny.you are to greedy and dumb, 4% is a lot of money i sell even at 2% sometimes. as long as you winn you move forward like russian army
>>534551844dont discourage him, you gotta start somewhere.
>>534549963just buy nike with the world cup coming up it will do well inb4 they are woke and gay also buy low sell high
I go to /biz/ and find people who flirtatously claim they have some secret knowledge and dig into whatever thing they're expecting to launch then try and buy the rumor. usually works out because people have no idea how much info they're giving away.
>>534549963>How do you survive by day tradingYou don't.
>>534551899>greedy and dumbHow can you not be when you are trading with basically nothing?Anyways, I just sold what I had invested yesterday and got +12~%.>>534551899>sell even at 2% sometimesGood for you, there was a time when I traded with 20k and 1% was also great - 200 euros, but not now. You trade with 140k, nigger. Even 0.5% is a monthly salary for you.Anyways how much is the fee on the platform you trade for sell/buy?
>>534552023hmmm no, better buy coca cola.people get thirsty, shoes are to complicatedits just water and sugar, simple business.
>>534549963>How do you survive by day trading?OP, this is your lucky dayI just wrote this 6-7 page guide to day-trading and emailed it to my friend, I posted it on pastebin for you personallyhttps://pastebin.com/TcpY3TdS
>>534552167greedy i mean you wait for to long.dumb i mean 2%+2%+2%+2%+2%+2%=12%small trades vs 1 big is same.>Anyways how much is the fee on the platform you trade for sell/buy?i dont care about this. if you do, then dont trade, buy property with interests and work 2 jobs to pay it off quickly.
>>534551163I'm up 67% YTD on Autopilot. I let other randos vibe trade for me.
Remember. If you lose 50% you need 100% to get it all back.Thats how much a loss sets you back.
>>534552569i had 60% down and it recovered.
>>534551780>tech is ai bubbleYeah, you ride the wave and make profits. That is the goal. Just don't be there when it all crashes.Micron, western digital, sandisk, intel is down today, but a good time to buy in the nearest 24 hours potentially.>>534552351>if you do, then dont tradeOn some platforms making several small trades will cause total fee to exceed any gains, that's why I ask. So it's more profitable to just do one big trade.>>534552351>work 2 jobsI would do that already, but here it's impossible due to nepotism.
now its going crazy
>>534552682>On some platforms making several small trades will cause total fee to exceed any gains, that's why I ask.its precentage wise, the bigger the trade the bigger the fee. they cant charge you negativly.20 trades with 100 eurosbank account ----------5000000 lol
>>534551780If I were you i'd diversify that way more and put small amount into junior gold mining, MP materials, applied materials and more different industries including in asian tech which is blooming - south korea especially lately.>Healthcare(Insurance, it kills lots of americans)>old peoples homesYeah, from picrel injuries which there are plenty of...
>>534552682>I would do that already, but here it's impossible due to nepotism.any job, some shitty cleaning job or whatever.here is also nepotism. its in all countries.it will boost your trades greatly if you have extra cash.
>>534552898>asian tech which is blooming - south korea especially lately.SK hynix looks interesting. i agree with you and Nintendobut here my watchlist. i like the nursing home guy(i reported him to police), btw the guy hes beating up is ex police officer and half black.
Dont "day trade", just flip things by assessing the state of their vibes.
>>534552898>junior gold miningagnico eagle mines is good one from canada.here are some techstocks i traded with
>>534553191>SK hynixYes, huge demand for korean DRAM including Samsung as well.>>534553191>ferrariHow is that company not dead yet?All the rich people here just drive lexus or bmw
>>534553588i dont know tech much but ASML is good i made good money fast with it. eventho sold to early. win is a win.ferrari is social club not a car company.
>>534553446>reddit
>day tradingmay as well gamble in the casino or on shitcoinsdaytrading is for people with the inside knowledge you absolute fucking nigger, if you're a no one that only has access to official news you're in a huge losing advantagejust buy the stocks that you trust and keep themor if you want to make money really fast without any risk just order LSD through darkweb and sell it locally to hippies, they will pay 20x times the price if you order in bulk
>>534554014or do sports betting.
>>534553957Yeah they have better stock advice than you guys.
>>534549963Day traders deserve the rope.
>>534554224this guy is good for beginnershttps://www.youtube.com/watch?v=SCMSOSsoD5U
>>534553828>ferrari is social club not a car company.The same can be said about F1. Hobby for the riches.Rich French, Germans and Austrian boomers pour money into amateur F3, F2 drivers in hopes they become the next F1. A lot of pol people call this money laundering.>>534554224on which subreddits? CryptoMoonShots or weedstocks ? lol
>>534549963There are characteristics you need to develop (you won't). >But so many regular people are making money in the market right now! Anon says he's up 50% YTD!!!The markets have been in a macro uptrend for years. You could literally throw darts at a board and "make money". All of these gains (plus more) will be lost in the long-term. This is not a mere assumption; it happens literally every single time. Humans (especially untrained in statistics) suffer from biases that make long-term alpha basically impossible. You are not immune to these biases without extensive training or winning the genetic lottery, this I promise you. Investment billionaires like Buffett take advantage of this. Shorter term swing traders can also take advantage of this on a smaller scale. Day trading requires you to take advantage of a different set of human biases.Most day "traders" try to use discretionary techniques to achieve alpha because (1) they think they have the ability to outsmart everyone else (even multi-billion dollar algorithms), and (2) they think even if they had the ability to outsmart everyone else, that this alone is sufficient. Succeeding with this approach in the long term requires extraordinary understanding of market psychology combined with rigorous emotional discipline. I am telling you this with utmost certainty: this combination of traits is exceedingly rare.The less uncertain approach to long-term success is to use a quantitative/systemic strategy. Though less uncertain than discretionary strategies, developing and testing a quantitative strategy with long-term alpha requires extensive labor that you [almost certainly] will not be willing to do.It's up to you. Everything else people tell you is cope.
>>534549963lol day trading is a fool's errand. yeah you'll get lucky here and there but the odds of you being able to do this long-term and not lose all your money are not great. it's not better than any sort of betting - sports, polymarket, whatever.unfortunately jobs pay dogshit wages so idk what else there is to do to make real money
>>534554485>genetic lotteryYou mean, you have to be Jewish like Epstein? Who was a trading pro according to you?
>>534551359Boss it's week 1 and u already burnt half of it
>>534554485>with rigorous emotional discipline.yeah basicly this.
>>534554609No, the genetic lottery of psychological traits that are contrary to human nature. The most simple example: most humans exit trades as they're winning to "lock in profits". This behavior is based on the human instinct of pursuing certainty. In trading, it is statistically wrong. There are a multitude of human instincts like this that are statistically detrimental; even a small degree of some of these instincts makes long-term alpha mathematically impossible.
>>534554609He had access to fuck loads of insider info thats for sure. He was basically the broker middleman that many elites went to.
>>534555050>access to fuck loads of insider infoTrue. He very often mentioned that lehman brothers ceo or whatever was his friend and even called him from prison.
>>53455126070 euros buys a weeks worth of food here and i suspect even more in latvia
>>534555884its good money
>>534555884Obviously. And I only buy last expiration day food that is discounted by -50%.I got ready-made pancakes with ham and cheese today.
>>534551359You would make more just by begging on the streets
>>534556014Why even live at this point might as well kill yourself. I assume you are leeching housing from someone so clock it ticking for you
>>534552710man life is so easy when you're not a broke nigger, just 100k euros lets you live off trading without ever working again
>>534556164i still work buddy.
>>534556088I'm not a beggar type and the people that begged here like 15 years ago were begging in places which usually had passerby's that were also poor slave workforce using public transportation to get to work.
>>534556139Why post behind a memeflag? What are you afraid of?
>>534556177why bother when half your paycheck goes to fund shitskins
>>534556014>I got ready-made pancakes with ham and cheese today.based i had rice with beans, super healthy and frugal.
>>534556245i've heard from germans that you can't overwork in germany otherwise you don't even get salary for that time you overworked, so this discourages people to do better.
>>534556245>fund shitskinsthey actually work here. we have also polacks but they lazy as fuck.
>>534556190>I'm not a beggar typeYou are are actually that's what you are doing here. Hell beggars probably don't eat the expired food you eat. Also I hope you are filling your taxes properly on those gains otherwise the taxman will rape your accounts and then you are done for
>>534556392>overwork in germany otherwise you don't even get salary for that time you overworkeddepends on the job, security works 12 hours. its job specific.there is "zeitkonto" where your extra hours are put on a vaccation account but you can get it payed out. most people are just lazy and dont want to work.
>>534556190>that were also poor slave workforce using public transportation to get to work.tss have some respect of the workers m8
If you figure out a way to make money in their system, I guarantee the rules will be changed immediately to prevent that. If you're lucky you will be allowed a one off win. If your situation is typical, your trades will be canceled.
>>534549963Your education:magnet:?xt=urn:btih:0fe3c3fbe173c0e9fa3fa1e2d5e7a69569e8f5b5Why you shouldn't day trade most days:https://www.youtube.com/watch?v=L7G0OfJUON8
>>534556392Faggot did you really disappear an hour ago?