/biz/ - Business & Finance

>>59552439
The way you trade inevitably loses. You need to change your mindset. Also your margin before liquidation is retardedly excessive.

Another anon said something right. That risk management is key. That's true but also just being good at this is a form of risk management.
Every trade is a risk/reward evaluation. And if the risk vs the reward isn't good for the longevity of your portfolio then it's better to pass it.

What an ideal trade looks like to me is:
1. an airtight entry with 1% to 3 % margin for error. That's 1% - 3% of the total distance before liquidation, not percentage of price movement.

2. Losing a 1/100th your portfolio for a loss ensures that as long as your odds are slightly above 50% you'll eventually win in the long run. Little loss, little loss, big win. Not the other way around. I would be just fine slinging 20k with 3x leverage on a long position while bitcoin trends up. And just keep the position open for a couple months. Beats working a job.

3. Additionally, all the indicators publicly available are useless unless you have an intimate knowledge of statistics, logic operators, and sometimes theory. Even more so the most popular indicators are traded against by institutions to score on retail traders.

4. This is just surface level knowledge. The font is deep and the currency for knowledge is suffering. It took me 8 years constantly losing before getting any good at this. The most important part is discipline. You will learn discipline through trading or you won't learn to trade at all.

If you want access to the knowledge to actually perform and help from people that can get you there. Visit https://sharkcharts.live/ and find the discord link.

This will not make you an epic trader over the course of a night, or a month, or a year. It will take years, lots of time, and much of your sanity before you can live off margin trading.

Why come hell froze over in Dante's version?

>>51700941
At the end of the day, we are all in our own little personal cave

>>30425538
Limit soon reached, we soon need a new XSG thread going

>>18817833
As for what is really trapped in the eye of that Hexagonal Storm, remains an important question

bound in a lake of ice... metaphors of course but not false.

>>16636083

I really don't know why I was worth so much. He didn't tell me anything in particular but he said I was going to be useful as fuck.

> How many other politicians have done the same shit??

Haha, if you knew the true you wouldnt even believe. Although most of them don't sell their souls, they just do some favors in exchange of power

>>16636101

No, he unironically can't. There is the record of the first man who ever sold his soul, he prayed and prayed and the devil took him anyway.
Why is this? Because you voluntarily give it to Satan, there is no way to escape.

>>16636102

Although LINK is believed to be linked with Satan I can't really tell you. Just remember that 1000 EOY may be just a soul away.

>>16636113

I did.

>>16636124

The most probable thing is that I may be frozen, not burned. Pic related, but thanks for your support anyway.

>>16636152

Ask him yourself.

>>16636182

I didn't pay shit. He did it for free.