/biz/ - Business & Finance

[Anonymous No.1664630]

Is there any real trader on this shit board?

Or are all faggots here just average losers?

Can any real trader here give us some answers?

[Anonymous No.1664633]

try r9k

[Anonymous No.1664815]

Nope.

Every few weeks someone here will post that they are making hundreds or thousands a week from day trading.

Then some one asks them to post a pic of a few days of trades and they disappear. Shocker.

[Anonymous No.1664817]

I short-term trade not day trade (weeks vs days) if that's any constellation.

[Anonymous No.1664836]

Yes. I have been trading for 12 years. I have absorbed massive amounts of trading knowledge. I have read thousands of pages of material. And I have lost money every. single. time.

I have never made a profit. All my trades have been losses for 12 years straight. I think God does not want me to have money.

[Anonymous No.1664854]

>>1664836
fucking lol! tough luck, pal :(

[Anonymous No.1664862]

So far i've only at least not lost money. Winning it big is still elusive.

[Anonymous No.1664874]

>>1664815
>spoon feed me

Fuck off it's a code and once you hack it you will have many shekels

[Anonymous No.1664878]

>>1664817
No, in fact, it is a post on an imageboard. I don't know how you got that confused with a constellation.

[Anonymous No.1664915]

>>1664878
Fuggin autocorrect

[Anonymous No.1664916]

>>1664815
That is 99% of biz posts.

Look at how rich I am. AMA

Will either get hundreds of replies by suckers or somebody will ask for proof and OP ghosts before 10 replies are made.

Even that trip faggot claiming he was a millionaire got BTFO when somebody posted their vanguard reports and how his was fake. Now he has disappeared.

[Anonymous No.1664920]

ok guys, made a demo account to try to learn to scalp forex, wish me luck.

[Anonymous No.1664931]

still learning the software, made a mistake and was looking at hourly timeframe rather than minute.

[Anonymous No.1664939]

now it entered a neutral market.
can go either way.

[Anonymous No.1664946]

>>1664939
>5 minute time frame
>neutral market

You mean it's churning? There's no such thing as a market on such a short time frame. It's all noise.

[Anonymous No.1664953]

>>1664946
I dunno, I'm new to this.

but scalping is fun.

by neutral I mean, nor bulls nor bears have won.

[Anonymous No.1664955]

>>1664630
OP, here is what I suggest you do. attempt to define trading for me, or what your concept of trading is in layman's terms

[Anonymous No.1664956]

>>1664953
But it's clearly in a bull trend. It's just churning.

[Anonymous No.1664958]

>>1664956
sure, if you look at the montly or hour trend is downwards.

but 1 minute frame is noise, can go either way.

Actually, will try this strategy:

Put the stop loss acording to the hour time frame, like what can you lose in the hour candles, but put profit in the 5 minutes candles.

Going to test this idea all week.

[Anonymous No.1664960]

Put it all on red.

[Anonymous No.1664964]

>>1664960
lost 70 bucks, didn't looked at the 15 minute chart, it was on upward trajectory.

which are bulls and which are bears?

[Anonymous No.1664968]

going to test this idea.
this will go up.

[Anonymous No.1664972]

the trend is ur friend

[Anonymous No.1664975]

>>1664964

Stick to one time frame friend.

I prefer volume charts.

[Anonymous No.1664980]

>>1664630
>Is there any real trader on this shit board?

We're all professionals here

[Anonymous No.1664982]

my nigga you tried ichimokus

[Anonymous No.1664983]

>>1664975
I dunno, I think diferent charts allow for more information.

I'm trying to scalp.

[Anonymous No.1664987]

>>1664983
whats your trading experience

[Anonymous No.1664991]

>>1664987
a few youtube tutorials and downloading the software, lmao.

just made 18 now from a good trade.

It seems 20 is a good profit number.

[Anonymous No.1664996]

>>1664991
whats your strat? just scalping candles when it feels good?

cuz im of the opinion that forex trends forever why scalp it lol

[Anonymous No.1664999]

>>1664996
seems fun to scalp, is exciting I guess, more interesting than looking at longer trends.

what's a good profit number to scalp?

I'm trying to see the trend in the 30 minutes frame to see where the trend goes in the one minute frame.

[Anonymous No.1665005]

>>1664991
I've been trading for 3 years and started down the same path.

Stick to 1 time frame friend.

[Anonymous No.1665012]

>>1664999
trading for entertainment will get you killed

when i scalped, i scalped the 15 sec off the daily. i'd only go long on the 15 sec if the daily suggested a long bias. i didn't have profit targets, but i had mental price and time stops. time stop as in if the market didn't move my way within a minute or two, i got out

now im older and wiser and trade higher time frames

[Anonymous No.1665024]

>>1665012
Same. Started as a scalper on 1 minute charts. Would feel good making 1,800 in a day making small scalps but then you'd lose it all in 1 trade. There's no way to have a profitable risk reward scalping. Now I trade volume charts that are about as equivalent as a 10 minute chart. My set ups happen 1-3 times a week though. Though I have to say its been almost a year since I traded. I got promoted to management and just haven't had the time. I was successful in my win rate and average winners being 2.3x higher than my average losers but the dollar amount just wasn't enough to live off of. I think my best month ever was $680 and something.

[Anonymous No.1665027]

>>1664630
I was up for a little while, now I am at break even. I was to impatient and took some loses.

[Anonymous No.1665073]

>>1665024
yeah it got stale giving 100% of my attention to a screen after a while. now i trade range bars, 30 minute bars, and 130 minute bars depending on the asset, much of it automated (generally all futures automated except crude, and stupid stuff like shorting UVXY automated as well)

[Anonymous No.1665079]

>>1664630
Buy kneepads

[Anonymous No.1665098]

Nobody actually trades for living. That's retarded and near impossible. You have to be above the 99.999999% by having information that others don't possess. No, technical signals aren't useful information.

[Anonymous No.1665232]

>>1664630
Yes, I am a real life day trader. I made $47k last year and $54k the year before that. I am sitting at $39k this year. I have no idea why people on /biz/ claim that this is impossible to do. It's hardly even good money when you consider that there are no benefits, no 401k, no ira. I guess you do get to work any time and any where, but still.

[Anonymous No.1665267]

>>1665232

So humor us then.

Post a handful of trades you'll likely make this week. No secrets, no strategies. Just a handful of trades you're looking at this week.

Surely this small gesture could prove you're legit and not another meme poster? What could possibly go wrong?

[Anonymous No.1665300]

>>1665232
how much tiem a day u spend doing it? why haven't you scaled better?

[Anonymous No.1665397]

>>1665232
reeeeally recommend you setup an LLC and elect to be taxed as c-corp, dude. you could then mark-to-market and draw salary for a SEP-IRA and all that crap. even if you mostly do futures and dont wanna lose the 60% long-term capital gains benefit, it's still worthwhile for the benefits, imo, and you could always trade the futures from your personal account and equities from your LLC, or mirror trades on multiple accounts in your charting platform

>>1665267
i'm looking for a short entry in nq around 4820 if it happens. if crude didn't gap and run so hard this evening, i'd be looking to take some off there too, still might depending how NYMEX closes tomorrow. like this shit aint hard if you zoom out from the noise. anyone with a pulse could short UVXY or VXX or buy SVXY or XIV when contango hits. go look at something like PFF or VRP and tell me you couldn't figure out how to trade a slowboat like that