/biz/ - Business & Finance

>>56604393
Best tech with innovative ideas and lots of potential, one of the best teams in crypto working on it, the VC unlocks are getting close to finished and the unlocks that remain are getting smaller and smaller.
Technically it's improving as well. Break downs below prior pivots are getting weaker and weaker and longer term moving averages are flattening out more.
LINK and BTC are my 2 main focuses though.

>>56363990
Actual retard
There are many professional day traders that consistently print money and the big trading desks are green like 85% of the time, you can look through the financial statements from the banks with trading desk and see their results. There's many prop firms that have very consistent and profitable traders too. Lance Breitstein is a good one to follow. Ya ya I know ((()))

Find the people that teach for free, or have courses but offer so much shit for free that you don't actually need the courses.
TraderLion channel is great on shitter or (((tube))).
Jared Wesley/Live Traders is an absolute gold mine
Cameron Ross is solid for intraday momentum trading on small acps.
Oliver Velez
Kristian Quallamaggi
Mark Minervini
All have content on yt that you can check out for free.
Mark Douglas, Livermore, William O'Neil, Oliver Kell, are also great sources.

Most traders fail because most people are lazy and full of excuses. 90%+ of traders fail and funny enough 90% of the people on this board will tell you technical analysis is astrology for men, which tells you that the 10% that take TA seriously are part of the 10% that actually succeed.
>t. full time profitable trader for 5 years, I trade stocks only.

>>54341065
>>54341021
More pictures

>>53021773
Stocktwits - Follow the top traders there. Anyone who is directionally biased avoid. Good traders trade what the market is showing, not what they want it to do.
Check out Jared from Livertraders on youtube, Oliver Velez is another. Read stuff by Al Brooks, Mark Douglas, Larry Williams.
You gotta figure out what time frames and style of trading you want to do. Are you a trader or an investor? Are you swinging or scalping? There's a million different ways to skin the cat. Becoming good at trading is a game of surviving until you learn all the stuff you need to. It's like being put in a dark room loaded with glass, knives, bear traps, and other dangerous shit and being told you need to look for that financial freedom exit. If you blindly race around looking for the door at full speed you're gonna die (blow up your account), but if you feel your way around with smaller size, ya you'll get cut up and take some damage here and there but you'll eventually be able to map things out and learn what not to do.
-Try to get rich in a week, you go broke in a day
-Try to get rich in a month, you go broke in a week
-Try to get rich in a year, you'll go broke in a quarter
-But if you try to get rich in a decade, you'll take losses at first but after several years you'll hit an inflection point where you'll actually start gaining traction. It's not a linear process.
Bank roll management is everything. When a poker player "goes all in", they're not putting their entire bank roll at risk, only what they came to the table with which is usually just a small % of their overall bank roll. You gotta approach trading the same. Newer traders get this feeling that "every dollar not in the trade or invested is money left on the table". Avoid that shit. This shits gonna take you a long fucking time to get any good.

>>52438264

>>52376286
Things don't go straight up, the market moves in cycles, that includes stocks. Accumulation > Mark Up > Distribution > Mark Down.