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/biz/ - Business & Finance


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49700851 No.49700851 [Reply] [Original]

I make $5-10k a day doing scalp trades with 3x leverage and tight stoplosses.
Is it really this easy to make money?

>> No.49700921

>>49700851
gj anon. Just make sure to set some aside for Uncle Sam :^)

>> No.49701144

>>49700851
larping faggot you probably make $5-10.00 on a good day, go impress your mom we dont care

>> No.49701473

>>49700851
What's your margin

>> No.49701612

>>49700851
show ur trades then

>> No.49701775

>>49700851
it's his first week take it easy on him

>> No.49701870

>>49700851
Not possible on 3x. You'd need a margin of at least 100-300k, risking 100% of it. That's very reckless anon

>> No.49701897

>>49700851
show trades. How long have you done this, do you account for black swan dumps like in the past days?

>> No.49701907

>>49700851
Ah yes, the 'reverse-martingale'.

>> No.49701958

>>49701897
>black swan

>> No.49702799

>>49701473
$20-40k
Technically I could just use 1x. Isn’t that better?

>> No.49702813

>>49701612
How can I show total profit from a day on Binance?

>> No.49702856
File: 347 KB, 1284x1317, 6D63E6F8-CA33-4882-869F-7F9D1BA68CAB.jpg [View same] [iqdb] [saucenao] [google]
49702856

>>49702813
Ah got it. Here’s for ETH

>>49701144
Coping poorfag

>>49701897
Just for a few days. I got $180k and I am also following a guy who’s been pretty spot on with trading signals

>> No.49702872

>>49700851
This is only possible in a volatile market. Volatility will go away once we start crabing for a year like last time. Make it while you can, but don't chase gains. Realize the long term situation.

>> No.49702892 [DELETED] 

>>49702856
Damn anon, send me $200 usdt. I got rekt yesterday or better yet give me your signal guy.

>> No.49702908

>>49702799
You do this everyday or just when it's trending?

>> No.49702969

>>49702856
You can't just say this and don't tell who is the signal guy please anon

>> No.49702976

>>49702892
You’re gonna get rekt again even if I gave you $10k and this guy’s TG. The best money maker is unironically discipline. You’ll lose everything if you impulsively gamble with high leverage on positions that you have no idea on which direction it will go.
That’s me 3 years ago. Thank goodness I learned my lesson by losing $4k, not 6-figs.
I suggest you play with low leverage and sensible stoplosses but this is impossible if desperation trumps rational thinking.
It’s unfortunately much easier to make alot of money when you already got alot. A 5% gain on $200 is $10 while on $200,000 it’s $10,000
I’m probably just talking out of my ass, I mean if I knew everything about trading, I wouldn’t be making this thread

>> No.49702978

>>49702856
>I am also following a guy who’s been pretty spot on with trading signals

I need that, pls share fren

>> No.49703014

>>49702976
Kek you sound like me when I was in my 20's. Remember what I said >>49702872 and don't trade everyday unless you are 80% sure you can profit. Volatility is everything, if there is no volatility, there is no trade.

>> No.49703031

>>49700851
Are you serious anons? I am finding it difficult to believe. Anyways, I don't trade future. I just stake my Sylo on uniswap for Passive income.

>> No.49703105

>>49702976
Its not for crypto. I wanna register a $10k account with ftmo, an fx prop firm. I'm done with crypto. That way i can gamble with another person's money and build the discipline. Yeah i agree with you, trading small money is harder, i remember i made $300 with a margin of $18 in the $40k to $26k april bitcoin crash and lost it all on the same day.

>> No.49703118

>>49702908
Not everyday, today I have no idea what is going to happen, but yesterday for instance, I knew ETH and BTC was bouncing on a resistance line and got some decent profit

>>49702969
>>49702978
He’s a jeet and a fucking schizo with assburger and also he says the usual “bitcoin can go up or down”
But he predicted 28k would break and alot of his alt signals are pretty spot on

>> No.49703142

lmao and just like that the kiss asses come out of the wood work. If it were up to me I would ban everyone who had less than 300k in an account to trade, from trading. If you can't make or lose 250-300k in a day you don't deserve to trade.

>> No.49703172
File: 8 KB, 254x199, 1655373218156.jpg [View same] [iqdb] [saucenao] [google]
49703172

>>49703118
So basically you won't tell who he is

>> No.49703182
File: 91 KB, 720x960, 1626436378694.jpg [View same] [iqdb] [saucenao] [google]
49703182

>>49700851
sir please make providings of your strategy.

At least tells us timeframes, tools/indicators, mean reversion/trend-following.

>> No.49703190

>>49703118
>>49703172

Fucking larping NIGGER harvesting {You}'s

>> No.49703259

>>49703172
>giving away the secret sauce
not how it works anon

>> No.49703275
File: 82 KB, 1200x675, CF091188-B406-4739-8F78-E6353FA4E37E.jpg [View same] [iqdb] [saucenao] [google]
49703275

kind sir, plz say good sir wat is strategy

poor pajeet here wanting to follow sir into crypto heaven

>> No.49703330

>>49703172
Well if you are willing to take the risk of dealing with an assburger jeet.
t me/zcrypto

>> No.49703400

>>49703330
Thanks desu

>> No.49703411

>>49700851
If you can continue not getting scam wicked out with your tight SLs and keep the disclipline up of not getting too greedy with positions then yes it is that easy to make money. You should learn to do it yourself instead of following other retard's signals though that way the infinite money glitch never ends as long as there is volatility in the market for us to trade. Still riding some part of my current short from the fakeout following Powell speaking yesterday, no fancy infographic because im on Kuckcoin

>> No.49703418

NO YOU FUCKING DONT KILL YOURSELF

>> No.49703426
File: 8 KB, 648x186, HiFellowTradeAnon.png [View same] [iqdb] [saucenao] [google]
49703426

>>49703411
Forgot my image kek

>> No.49703432

>>49703330
This is just a nigger who gives private info after payment and the public channel has way too few posts to use that info for "daily scalp trading"
KYS pajeet shill nigger, how much did he pay you for this thread?

>> No.49703444

>>49703400
Probably pajeet nigger's alt account
I have been in shill organizations like these in thr past, i can smell the curry from a mile away.

>> No.49703457

>>49703426
same questions apply >>49703182

>> No.49703513

>>49703457
Stare at charts until you get better judgement this is literally the hard part and I would say you either get it or you dont, try out with paper trading to learn. I only use RSI and MACD. I trade on the 5min charts, but i reference the other timeframes to determine if an entry is good. Most of my positions Im in and out in 5-30 mins, some i let a portion ride for extended profits. Catching retraces, betting on a breakout/breakdown etc there are a lot of ways to make money, find out which chart patterns you end up trading the best

>> No.49703577

>>49703513
how much % profit are you getting on average when trading on the 5 minute?

>> No.49703597
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49703597

>>49703457
Free extra tip on retrace catching, dont go heavy on your first position when trying to build a position up, you can "DCA" down or up and usually end up with a pretty decent entry in the top 15% of the local bottom/top, it lowers the risk of a shit position by a lot and usually gaurentees consistent profits even if it does eat into your returns at time. Also trying to catch the absolute bottom only to see your 10% of your order partial fill then the price bounce back up/down is a fucking dog shit feeling kek

>> No.49703617

>>49703513
Have you been consistently making money, or are there days/weeks where at the end you are down? How long have you been doing this for?

>> No.49703627

>>49703577
Checked and 3-8% usually, Some occasional 10-15% ones when i let a portion of the position ride, and the rare (twice in the past year for me) super giga dump/pump that gives you over 50% returns. Usually on 3-5x lev, be disciplined and dont be retarded on the leverage

>> No.49703631

Nobody knows anything. You could be up 100k today and down in debt tomorrow.

>> No.49703676

>>49703617
Slightly over a year now, learned how to short in March-April in 2021 because i felt the market was way too hot. Ofc there are days where you are down and you have to just eat it, trying to "make back" your losses is a easy way to lose a lot more for no good reason, but so far im in the green every month. Now I have more money in local bonds/shiny rocks/USD/JPY/AUD/etcetc than crypto so just living the comfy NEET life while i daytrade now and then

>> No.49703696

>>49703627
If you make 5% profit on average ever day and you start with 10k dollars right now, you'll have over 3 trillion dollars in 18 months from now.

>> No.49703718

Interesting to see leverage trading shills crawl out of the woodwork during maximum desperation. Is this a bottom signal?

>> No.49703731 [DELETED] 
File: 10 KB, 614x175, Overtradingwillkillyou.png [View same] [iqdb] [saucenao] [google]
49703731

>>49703696
There are plenty of times when I go a week or more without trading, forcing trades when no opportunities are present is also a good way to lose money.

>> No.49703738

>>49703676
Shit anon, you got the secret sauce then, congrats. Is your trick all technical analysis/sentiment then? Do you evaluate your strategies quantitatively with coding, or is it more intuitive than analytical for you?

>> No.49703799
File: 37 KB, 629x660, Overtradingwillkillyou.png [View same] [iqdb] [saucenao] [google]
49703799

>>49703696
Well yes but a lot of times you dont get good opportunities to trade every day, also you aren't gaurenteed a win every time and a few big losses can set you back easily. See pic rel
>>49703738
Mostly sentiment/intuition i got from staring at the charts every day, there are some common "patterns" in price action that you get to see sometimes that doesnt paint a real picture on the chart for you to do TA on.

>> No.49703818

>>49703676
>>49703738
Imagine you guys are telling the truth about successes with leverage trading.. To advertise it to normal people can only mean you are either dumb luck and don't yet know how rare it is to succeed or you do know how rare it is to succeed and you are recommending it to people knowing that it will almost certainly lose them money. Anyone who shills leverage trading is either dumb or an asshole or both, you will never see a succesful trader who isnt an asshole trying to encourage people to trade with leverage

>> No.49703827

>>49703799
Seems like you've lost more than you've made. What leverage do you use? How much do you risk 1%, 2?

>> No.49703849

>>49700851
That actually look so simple. But I'm only staking and Dca-ing into RIDE because I'm anticipating the Audi integration coming soon.

>> No.49703856

>>49703818
Leverage trading is okay as long you don't risk more than 5% of your portfoloio. Also you don't need to trade everyday.

>> No.49703884

>>49703799
>Tight SL
Lmao

>> No.49703904

>>49703827
See >>49703627
Im gambling with 10-30k capital now mostly since ive basically made it already and have my funds parked in various other places. And yes that was a shit day i ended up ~3k down for all the effort i put in lel
>>49703818
Just sharing my own experiences with futures trading for my /biz/ bros, if people cannot determine the sheer difficulty to get constant wins they probably will lose their money in some other fashion anyway. You sound like you got liquidated before anon, thank you for playing.
>>49703884
Im not the curry OP, i dont use that tight SLs which is why i can get hyper fucked at times as you've seen

>> No.49704011
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49704011

Alright tired of nursing this shitty short now while shitposting, going to close it off and play vidya, good luck /biz/ bros and faggots alike

>> No.49704083

>>49704011
Donate something small before you leave anon just $200.

>> No.49704157

>>49700851
>transparent poorfag larp
you make $120 a day at mcdonalds

>> No.49704205

>>49704011
How do I do this? What are the sites / platforms / programs that I need to do it?

>> No.49705386

>>49702892
MODS
fucking begger

>> No.49705469

>>49705386
Shut the fuck up snitch. Asking for donations to my dog charity is not begging.

>> No.49706482

>>49703142
>If you can't make or lose 250-300k in a day you don't deserve to trade.
probably the most ruthless opinion ive heard all year, based

>> No.49706645

>>49703818
Getgudnub?

>> No.49706718

>>49700851
I get it even easier staking my stables on freeway Network for decent apy. Whats better than this anon

>> No.49706891
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49706891

>>49705469
I can't come here to beg. I rather join the freeway cad supercharger staking since the platform already supported it.

>> No.49706907

>>49706718
Stable staking is all good and fine. But never forget the pesky problem of inflation. It's in everything and it's everywhere.

>> No.49706931
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49706931

>>49705469
Lmao. Be a good anon. Superchargers aren't silly. Begging is. Think on it.

>> No.49706943

>>49706718
Staking is one of the viable strategies worth inculcating. It is best when dealing with stablecoin where IL and volatility are negated by default.

>> No.49707058

>>49706891
You like good sustenance, don't you anon? Don't be a greedy pleb there.

>> No.49707079

>>49706907
As long as the stablecoin remains pegged, that wont be a problem.

>> No.49707087
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49707087

>>49706943
Of course that works. Also remember that inflation is a real thing. And when stables inflate, they stay inflated. I'd rather bet on BTC

>> No.49707210

>>49706907
Why not go for fiat anon? CAD and GBP recently got activated.

>> No.49707265

>>49707210
People who are terrified of the dump think this is the end of Bitcoin. Well, I'm staking ETH and BTC. And I've been buying it up like never before

>> No.49707269

>>49706931
Easy to stake when the only money you have is for food

>> No.49707324

>>49707087
I'd suggest you act smart and wise when buying. No one knows what might happen from here. Some factors may cause a price decrease. I won't be surprised to see a high influx of folks making the most passively in Cedefi platform.

>> No.49707329

>>49707079
Stay away from algorithmic stables dude. You should be fine then.

>> No.49707354

>>49706718
>Whats better than this anon
Not being a street shitter?

>> No.49707430

So you really not gonna tell us how to learn to do what you do huh? brag thread it seems.

>> No.49707448

>>49707324
If you stake assets on platforms like Binance or Freeway. They'd accumulating throughout the dip, and also discourage you from selling now. When the bull market returns, you'd be many times richer. That's my plan

>> No.49707504
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49707504

>>49707265
Good for you anon. Hold on to those rewards. Wait for me.

>> No.49707579

>>49707504
Many platforms give great rewards for a wide range of tokens these days. I suggest you pick the ones who have shown constant trackable growth, like Freeway. Or your traditional CeXs like Binance.

>> No.49707666

>>49707269
Lmao. You might as well maximise those rewards for more food anon.

>> No.49707742

>>49707448
I believe those caught up will utilize what Binance and freeway are offering. They never listened when I raised the alarm of a bear market.

>> No.49707746

>>49707666
I still need to pay rent and buy more food for next month. This month i'm covered.

>> No.49707816

>>49707579
Well said. Being brokerage regulated and insured is an advantage.

>> No.49707817
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49707817

>>49700851
trading is a cheap scam OP, you can do better for real..
Am fine with my spot positions on KCS ALBT ETH with decent returns daily am good

>> No.49707884

>>49707329
We know we all learned our lesson from the UST so why still hold an algorithmic stablecoin? This is shame!

>> No.49707961

>>49707746
Good for you dude. I need more superchargers for rent and food. Never resting.

>> No.49707993

>>49707816
Upgrading the platform for growth development and security also matters to everyone.

>> No.49708027
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49708027

>>49707579
The two are centralized. This is the major issue I'm having with this platform. It can easily be sabotaged by hackers. I prefer dealing with a completely decentralized system.

>> No.49708111

>>49707961
Anon i meant that after this month. I'll prob be starving and homeless.

>> No.49708132
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49708132

>>49707993
Based, Security before anything else. Can't be overruled.

>> No.49708143

>>49703031
What's the reward for that. I get Juicy apy on freeway Network for staking my cryptos

>> No.49708221

>>49702799
Yes of course, don't fucking use margin if you got sufficient money. Margin is CANCER, volatility decay is CANCER
>t. lost 50% on volatility decay twice after a 200%+ movement correcting a little in the last months

>> No.49708240

>>49703330
PLEASE SIRS DO THE NEEDFUL

>> No.49708301

>>49708027
Do you know the meaning of brokerage dude? No lending on the first one. You need to learn.

>> No.49708316

>>49700851
How much capital you using ?

Do you use any specific indicators or literally gut feeling and sentiment?
For months now I've been thinking about trading and whenever I think "I should do this " it would 70% of times work out for me but I never have the courage to do it , fml

>> No.49708338

>>49707961
Imagine 3 crypto using there treasure to buy supercharger and you are here and you here contemplating

>> No.49708359
File: 40 KB, 589x680, FB_IMG_1655384029399.jpg [View same] [iqdb] [saucenao] [google]
49708359

>>49702856
>>49702813
>>49702799
>>49700851
I try to do this with tight stop losses and I always lose a bunch of money since I can't time the bottom. And a small dump triggers my stop loss. Do I just need to get better at reading charts, or keep absorbing the small losses and doubling down after my stop loss triggers?

>> No.49708380

>>49708027
You have it upside down. Decentralized platforms have had the most hacks. Individual wallets get hacked all the time. And at least these centralized systems can boast of insurance. Can you insure your wallets?

>> No.49708398

>>49700851
kek, "easy" scalping is so draining I'd rather take orders from jabba the hutt normies at 7/11

>> No.49708402

>>49708143
Seems you're way ahead anon. I like working products. If they have it, why not?

>> No.49708431

>>49708301
I think most people don't understand that brokerages are inherently better than banks. Nobody plays with your assets in a brokerage

>> No.49708463

>>49707884
It is better to stick with fiat or USDC than to use an algorithmic stable coin. I don't trust that of algo. It's good that the FWT platform doesn't make use of any of those algorithmic stable coins.

>> No.49708469

>>49703031
>staking
Every staking is a ponzi, I hope you do remember that.

>> No.49708498

>>49707961
Don't be a fool and withdraw your gains now though. Accumulate as hell. Remember Rockefeller. Buy when everyone else is selling

>> No.49708499

>>49700851
How the fuck do you make such?
You don't get liquidated? I stopped trading futures and staked my Axl, Cake bags to return after the dip.

>> No.49708506

>>49707961
When some projects use their treasury to buy supercharege you are still contemplating

>> No.49708544

>>49708431
You know this. Your assets are as safe as can be. You deposit and withdraw as you want.

>> No.49708591
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49708591

>>49708431
I don't think any bank will pay you as high 20-43% apy like freeway is doing right now

>> No.49708604

>>49708506
The innovations are good to watch. They keep trickling in like water.

>> No.49708738

>>49708402
I think officially they are top performing project on the TrustSwap Launchpad. What else do you want to see

>> No.49708813
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49708813

>>49708380
I doubt if most jeets understand what that means. The fag should have done his homework before shitposting.

>> No.49708890

>>49708402
If stakig is your priority yea.
then Alliance block newly DEX got you covered, you could add liquidity or stake.
several pairs keeps coming up

>> No.49708954

>>49706931
My eth usdt address anon
0x49869b3466d4af4c587c395d49feaf7915e92a1a

>> No.49708965
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49708965

>>49708132
People don't understand security until they got rekt. Shame on them, wish i could tell them straight.

>> No.49709230

>>49708506
The passive income model and structure is something that's attractive and compelling. I won't be surprised if I see more based on my view.

>> No.49709246

>>49708954
Funny

>> No.49709293

>>49708604
I like their Swapping between Superchargers you can swap freely with 24 hours

>> No.49709388
File: 2 KB, 125x95, 1644242751459s.jpg [View same] [iqdb] [saucenao] [google]
49709388

>>49708890
Staking is my priority and glad freeway has choose to support cad supercharging. I'm getting 43% for this hence

>> No.49709408

>>49708402
Everyone does, but the bags are the most coveted. That is while most normies are trooping into staking. Be smart, son.

>> No.49709447

>>49709246
Nothing funny about being homeless and starving

>> No.49709585

>>49700851
If you have to ask that then you haven't been doing it very long.
The problem is eventually you make bad trades that erase months worth of progress. Sometimes multiple times in a row.

>> No.49709682

>>49700851
When do you entry and exit? What are your strategies?

>> No.49709920

>>49700851
Share TG, op. Also how much are you trading with?

>> No.49709925

>>49709447
Bad

>> No.49710071

>>49709925
At this point in life. The risk of being banned is tolerable.

>> No.49710330

>>49709230
If the platform is designed for long term, then it clearly is for long term bets. People should your first before engaging anything

>> No.49711735

>>49702856
internet funny money isn't real money

>> No.49711984

>>49708604
Yeah, that's why to DYOR is really important. I don't want to get rekt anymore. Been using freeway since last year. Staked some assets on mexc, binance and kraken.

>> No.49712356

>>49709585
Ouch

>> No.49712566

>>49700851
shhhh dont tell them

>> No.49712612

>>49709388
Anon is choosing what's best on his food menu. Passive income has never been old

>> No.49713122

>>49709408
Demn staking and your assets are down and dying

>> No.49713453

>>49700851
ITT larping

>> No.49713637

>>49713453
Sure?

>> No.49713668
File: 89 KB, 500x501, bait2.png [View same] [iqdb] [saucenao] [google]
49713668

>>49700851
>>49703330
>says makes ez $10k a day "scalping"
>next post is tg link
>131 replies
And you retards wonder why you can't make it. Can't even sift through bs properly.
>saged

>> No.49713875

>>49703818
Eat shit fag, thanks for playing

>> No.49713938
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49713938

>>49712612
You still don't get the idea of staking stablecoin and fiat. Forgive this innocence.

>> No.49714191

>>49709925
Good

>> No.49715120

>>49702856
>usdt
-35% for taxes and fees

>> No.49715305

>>49715120
lol what? i use usdt futures on kucoin here and there, the fees are fuck all

>> No.49717296

Yeah, it's very easy to make that amount of money if you have a good starting capital. Unfortunately it's just as easy to lose it all.
It takes balls of steel to do what you are doing (or larping to do). Hope this is true and wish you luck.