[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 13 KB, 236x227, c3af1ea68ad5424012ac6f888e3ccabd--the-frog-funny-posts.jpg [View same] [iqdb] [saucenao] [google]
18191954 No.18191954 [Reply] [Original]

Day traders are useless parasites that should be fucking shot. change my mind

>> No.18191987

>>18191954
Day traders are useless parasites that should lose all of their money.

>> No.18192010

you are just jelly

>> No.18192016

OP is bitter that he got liquidated one too many times

>> No.18192028

OP is bitter hodler

>> No.18192057

>>18191954
Day trading is a meme, OP. Most day traders are idiots with too much money and bad risk management. The few that aren't - who actually make money - are just savvy investors.

>> No.18192059

>>18191954
If you look at the stats you will find that day traders are worse off than someone who makes quality investments and holds.

>> No.18192080
File: 4 KB, 205x246, 1584658908219.png [View same] [iqdb] [saucenao] [google]
18192080

>AHH IT DO DA GREEN ONE DAT MEAN GOOD GOOD
>EEEHH IT DO TEH RED ONE DAT MEAN BADBAD

If you are going to be an investor, it means you have to hold fast through the storms, OP. Don't blame the fucking daytraders because you overreacted.

>> No.18192086

>>18192057
Its fucking impossible to make a living day trading unless you make one day trade a year with a 2 million dollar investment

>> No.18192126

>>18192086
There are professional day traders. That's literally what they do for a living.

>> No.18192205

>>18192126
They are called inside traders and they have a bullshit advantage >>18192126

>> No.18192245

>>18192086
you're a fool. day trading and on small gambles is mostly foolish unless you're a computer wizard or very dedicated and intelligent, happy with small gains. actual traders have their bigger gamble. if you had 5k you started trading even just some few months ago, you could have pumped and dumped quite a few coins on here that have 2x or 3x. many of these coins have already dumped massively, but that's the thing with our markets. people are buying to sell, many people who aren't traders that invest in these literal shit tokens get their ass raped thinking that they got into a project they are determined to hold because of the craze and excitement and their surety that they are going to be rich since they managed to scoop it up before the pump. it is not always wise to try and take your profit, every instance is different and it is easy to spot the trends if you are not low IQ.

>> No.18192318

>>18192245
I was talking about stocks not SHITCOINS

>> No.18192341

you think thats bad?
There are companies that use supercomputers that are garaunteed to make money day trading.

>> No.18192439

>>18192318
it's literally the same

>> No.18194261

>>18191954
Don't worry no day traders are making any money anyway. The system is punishing them enough as is. In advance I'll state, if you claim otherwise, post your track record from the past 12 months. Don't bother linking any twitter "gurus" or YouTube scam artists. Concrete track record showing consistent profitability over the past 12 months. You have better odds of beating stage 4 lung cancer than becoming a successful day trader. Keep that in mind.

>> No.18194374

>>18191954
How much did you lose?
t.day trader up 2k today

>> No.18194423

>>18191954
Daytraders are not useless, they are fantastic ways of shuffling more money to CEOs

>> No.18194444

>>18191954
Why does it concern you?

>> No.18194449

>>18194444
Digit good!

>> No.18194472

>>18191954
true, but most of them don't make any significant money so the problem sorts itself out

>> No.18194519

>>18191954
Companies make money when they offer tradable stocks to buyers, this money is used to develop themselves and therefore serving the economy, and the buyers wouldn't buy if the stocks couldn't be traded one day to some greedy fuck.

Trading is not good for the economy by itself, but it's essential to a greater system that is good for the economy

>> No.18194522
File: 1.74 MB, 3944x811, 1EAC6C8A-D572-40E5-99A9-F37A93A67A45.jpg [View same] [iqdb] [saucenao] [google]
18194522

>>18191954
Is this you OP?

SAD SAD YOU MAKE BAD BAD

>> No.18195012

>>18192126
Look up credentials before you start believing people are professionals. A lot of those youtube/twitter traders fake their trades and give bullshit advice just to get people onto the exchanges they get salary from.

>> No.18195160

>>18195012
The only credential you need to be a professional day trader is cocaine/adderall

>> No.18195175
File: 64 KB, 750x562, asuka hoes mad.jpg [View same] [iqdb] [saucenao] [google]
18195175

>>18191954

>> No.18195375

>NOOO YOU CANT BE A DAY TRADERINO, YOU WON'T MAKE MONEYRINO BECAUSE IT'S JUST GAMBLINGRINO NOOOO

didn't know /biz/ was this much of a npc board.

>> No.18197431

>>18191954
All traders are useless parasites.
Pol Pot was right.

>> No.18197485

Day traders provide much needed liquidity to the market. They give hope to wagies that people are able to make money in the market, making wagies work harder in their wage cages so they may one day become a "day trader" and work from home "only a couple hours a day". In reality all these people just lose money and only actually makes a few bucks through their ads on youtube videos. It's a very important part of the system.

>> No.18197502

>>18192086
Im trading 10k links (which is only ~21k usd). 1 cent move = $100 profit or loss, with 2x leverage it's $200

link goes up and down way more than 3 cents per day. This is hardly impossible you just need to identify moments of minimal risk and highest potential

For example if you had shorted 10k links since 2.20 today you wouldve earned $700 by now

or longing $1.70 to $2.50 wouldve earned you $8k, even more with leverage. It's not impossible you just need to approach it in terms of probability and statistics

>> No.18197513

>>18191954
As a day trader I agree

>> No.18197523

>>18191954
Does that include all the big firms who use your information to take your money by betting against you while having the clear advantage?

>> No.18197567

>>18191954
Nothing wrong as long as I pay my taxes

Our entire monetary policy is one giant game and trading is just a subset

The market's open 24/7 to anyone if it's that easy it wouldve been saturated by now like dropshipping or youtubing - I deserve what I made

>> No.18197576

>>18191954
The thing that pisses me off about day trading is the charlatans on YouTube/Twitter/Instagram who try and flex and get retards to pay them money.

I’ve been day trading as I WFH and make $40-$200 every day or so. Not bad for extra money in addition to my regular job.

>> No.18197586

>>18191954
they're gonna lose all their money and commit suicide eventually anyway, just give it time

>> No.18197639

>>18192126
The traders working at banks are just told which trades to make at the beginning of the day by the Boss Jew at any bank.
Basically, Boss Jew gets inside information, and passes it on to his minions to execute.

>> No.18197723

>>18194444
They'll need a scapegoat for what's coming.

>> No.18197754

>>18197723
And who better than the bad goys who doesn't fall for all the rubbish and negativity.