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/biz/ - Business & Finance

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2013780 No.2013780 [Reply] [Original]

>mfw just went balls deep in silver options at x100 leverage

W-Wish me luck bros..

>> No.2013842

>>2013780
Why tho

>> No.2013847
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2013847

>>2013842
it was just a YOLO trade tbqh. After this I would have either blown my account or make a $50k profit

>> No.2013854

>>2013847
Good luck. May kek guide you.

>> No.2013859
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2013859

>>2013847
I see. What are you gonna do if you lose all your money?

>> No.2013867
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2013867

>>2013859
I won't lose all my money. Just my trading account will be blown. I can always put more money in later but I won't. I'm pretty much done day trading at this point. I'll just long index funds and cryptocoins for now on.

>> No.2014355

>>2013780
Dubs say silver = $1200 tomorrow

>> No.2014358
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2014358

>>2014355
Lookin' good.

>> No.2014367

>doesn't understand leverage
>owes trading house $400k
welp

>> No.2015889

>>2013847
why not go red on roulette?

>> No.2015907
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2015907

>>2013780
Lol my first trade ever @ the tender age of 12 was silver with leverage back when it was at 25USD. Followed that fucker up to 48dollars, at 12x/4x leverage, I had no idea how it worked but the x was pretty intuitive.

Tried shorting it a few times too, sadly the volume on the short was too low to make any good trades, and I lost all my gains on the way down. But for a kid I'd say it was a great experience.

Anyway OP, stop playing around, you might as well bet on something.

>> No.2015917

I lost 2 BTC with silver last week
My worst trade of all time

>> No.2016365

>>2013780
dont post this shit without screen shots god

>> No.2016390

>>2014367
You can't get in debt levaraging.

>> No.2016396

>>2014367
they just margin call u and close ur positions before they get in trouble bro

Although I could see how you wouldn't know that cuz it doesnt come up in paper trade shit sites

>> No.2016402

>>2013780
why? that was 'tarded...

>> No.2016744

>>2013780

Do I have to have an steady income to get into margin trading?

Can somebody redpill me on it