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20769541 No.20769541 [Reply] [Original]

Please, enlightened ones, tell me how the whole clown system works.
I've been trying to daytrade for half a year, and I have 0 profit. Everything I Long or Short, regardless of the chart and TA goes the opposite direction. Every time. I've tried every strategy, every risk management, I studied the market thoroughly and I'm coming to conclusion it's literally impossible if you're not an insider. Either that, or I'm just a sub 70 IQ fucking neurotic retard, who's impatient and therefore not profitable.
Lay it out bois, is it Jews? Whales? Insiders? I need more self-aware and mature people than me, to explain it to me.
As I understood, you just need to steal money on the governmental level, so you'd have substantial initial margin to manipulate the normies on the market, or you could sell a course on how to make it as a trader.

>> No.20769631

>>20769541
You are competing against the best in the world on a merit based, darwinian playing field. The odds are monumentally stacked against you, even if you are a genius you are up against 50 geniuses working together. Day trading is not for retail, all those youtube gurus are paid by brokers to get dumb money into the market to fleece. You should stop immediately and consider yourself lucky you broke even, thats a feat after a year.

>> No.20769665
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20769665

>>20769541
I came to biz, saw which coins had the best memes and put money into them.
Also bought whichever coins had the coolest logos
I’m up 3x, so maybe you’re just over thinking it with all that gay nerd market analysis shit

>> No.20769667 [DELETED] 
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20769667

She's so perfect bros... I love seeing her take bbc

>> No.20769681

Day trading is possible for retail traders, but not in crypto or forex or whatever. The fairest market would be futures, commodities, stocks, and treasuries because they are the most heavily regulated.

>> No.20769704
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20769704

>>20769667

>> No.20769733

>>20769665
I think that's what it is.
I too bought the meme'd coins and it dumped 40% 1 day after.
Maybe it's some karmic esoteric shit

>> No.20769765

>>20769667
all white women must choke on BBC
i, as a tiny white boy, love this.

>> No.20769835

>>20769541
the difference between a madman and a genius is the timing. its either luck or insider info

>> No.20769843 [DELETED] 
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20769843

>>20769704
You will NEVER have sex with her. She only wants BBC.

>>20769765
Me too fuck the white race and fuck white people (especially if you're a black man... hehe)

>> No.20770395

>>20769733
>I too bought the meme'd coins and it dumped 40% 1 day after.
i mean - i dont know shit & bought 2 coins on random that i thought sounded good, not even researched too much

both dumped pretty hard for few months before 10x'ing/20x'ing
shits funny lemme tell you

i just hold

>> No.20770507

>>20770395
I guess it's patience

>> No.20770669

>>20769765
>i, as a tiny white boy, love this.
as a black dude, can you stop? Please. I'm begging you "white" boy .

>> No.20770785

After two years of trading manually and trying a variety of auto-trading bots, I'm convinced crypto is just too easily manipulated to effectively trade. You can scalp some barts for fun and utilize the manipulation, but then youre not really trading BTC with a consistent plan anymore.

>> No.20770822

>>20770669
protip: it's an ethnic jew behind that keyboard

>> No.20771551

>>20770822
you gravely underestimate how many seething asian incels there are

>> No.20771577

>>20771551
This sounds like something a Jew would say

>> No.20771738

>>20769541
You just didn't dive deep enough and wanted to win hard enough, or the markets don't interest you enough.
You name a bunch of strategies being employed (and imply they are cheating), but when money is on the table, peiple pull out all the stops.
I would suggest you listen to a bunch of episodes of chat with traders podcast to convince yourself that there are many people who consistently win at trading and no 2 strategies are the same. You don't tell the market what's right or wrong, you study her and ride her waves, or lose your money.

>> No.20771843
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20771843

>>20769541
>I'm coming to conclusion it's literally impossible if you're not an insider.

>I haven't figured this out yet
>therefore it's impossible to
>and all the people who are doing it successfully are "insiders"

ngmi

Honestly it sounds like you should just do the opposite of what your final decision is. Or, when you get to a decision point, then ask yourself, "what do I see that would contradict this," and then do a little bit more thinking, because you might be getting 95% of the way there.

>> No.20771850

>>20769541
TA works fine. You need to undestand how the market moves and when to take profits. I literally started with 1.5k euro and have over 80k now through a combination of holding/daytrading/presales etc.

>> No.20771895

>>20771738
thanks

>> No.20771971

>>20769541
I back into crypto last month and turned 500 into 3.5k so far, and honestly i'm not even a good trader, ask me anything you want

the key is to be patient, and don't be emotional
DO NOT FOMO into coins, everything that comes up, must come down.
if a coin goes up, wait until it comes down (which it will) and buy back in, if it goes down, either wait till it goes back up (it will if it isn't a shitcoin) or see if you can find a better opportunity.
never sell at a loss unless you see a better opportunity

you can never time the market perfectly, but you can follow the trends

>> No.20772050

>>20771895
Once you get over that hump, it's rewarding as fuck. Good luck. Also find a group of like minded people (like biz discord hdkHjG) or get a mentor (listening to interviews with pro traders can be a substitute for this).

>> No.20772161

>>20769541

Fucking hot, but those fake lips. Ewww

>> No.20772182

everything is numbers. everything. run the numbers.

>> No.20772222

>>20770822
Hence the apostrophes surrounding "white". I swear, people are stopping at nothing to dismantle the greatest country in the world.

>> No.20772273

>>20769541
I tried doing it with 1500 in stocks and 700 in crypto almost a year ago. Was doing pretty decent, but didn't take hard enough risks. Then came the market crash and now I find myself 33% in the hole in the stock market. Funny enough, I doubled my crypto by doing nothing but hold. I just recently took my initial investment in crypto and moved it into silver. I studied the stock furiously for months and the memes are true: market stays rational as long as long as you can remain solvent, develop iron hands, "buy the dip, faggot," etc. As long as you just put on the table only what you're willing to lose it helps to remove the eventual emotional burnout.

And finally...it's always the jews.

>> No.20772321

>>20769631
>all those youtube gurus are paid by brokers to get dumb money into the market to fleece
Cold hard facts right here. FPBP

>> No.20772392

>>20771971
Whats your strategy and which indicators do you use then?

>> No.20772400

>>20771738
i cant figure out what makes a good trader, almost all of them have some kind of narrative or bias in their head that makes no sense or is totally unprovable, yet they are correct in the end.
i also cant figure out at what point you can declare yourself "profitable". is there a minimum number of trades? if i make 1 good trade and never trade again am i a profitable trader? it doesnt make sense.
at the end of the day, you just have to win your trades more than you lose i suppose, but there is absolutely no way to tell whether you are on a luck streak or just good

>> No.20772403
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20772403

>>20769541
I've been a forex trader, been successful for the better part of ten years now.
I have several accounts and make between $50-100/day in each account on average. I've limited my everyday spending to the point where I pretty much have two years worth of living just in one bank account.
You learn to control your emotions, your frivolous spending and treat your day trading like A BUSINESS. That means discipline, spreadsheets, budgets, all of it.
My suggestion is if you find yourself in a rut to try and get a part time job somewhere like landscaping or driving---something just to get you out of the house, it'll focus your time a bit better over the long run.
And no drugs or alcohol during the week...limit it to weekends, if ever.
I've made between 2-300k over the past few years and have been able to take fantastic vacations. It's doable, just clear your mind and focus. And try to steer clear of crypto, its too volatile and scammy to day trade, but hodl if you can't get away from crypto.
Don't listen to negative asshats on this site, be your own success.

>> No.20772446

>>20771971
Yeah, fomoing and emotions is still my problem.
thanks

>> No.20772453

>>20772403
To clarify, thats 2-300k per year over the past 6 years.

>> No.20772455

>>20771850
Good stuff. Stocks or exclusively Crypto? Timeline?

>> No.20772463

>>20771843
theres ALWAYS an argument both ways, i dont see how this helps you be correct

>> No.20772494

>>20772392
On Uniswap shitcoins there's no real graph, so you can't use indicators lol, you have to watch the info page like a fucking hawk and never sleep.

my strategy is to get in on solid but low mcap coins (new uniswap listings, coingecko recently added) hold for a week max so i get that 2x-3x then switch to another coin

>> No.20772531

>>20772222
Checked for truth

>> No.20772569

>>20772446
There's knowing when something is on an uptrend and knowing when to pull out, and then there's FOMO. Discerning between the two can be difficult

>> No.20772572

Don't day trade. Find possible black/grey swans and set yourself up to take advantage of them. But never bet large. Only small bets. It'll add up.

>> No.20772580

>>20770395
iron hands produce diamonds

>> No.20772595

>>20772403
i tried this, i logged my trades in detail for months, but in the end still couldnt turn a profit. i suppose i just had no idea what i was actually doing wrong. it seemed like everytime something different happened that cause me to lose

>> No.20772617

>>20769665
Based. TA is horoscope tier pseudoscience.

>> No.20772639

>>20772569
do explain, because this adage that you cant be emotional or impatient escapes me. i am the most patient and rational person i know irl but this doesnt seem to help me in my trading at all.

>> No.20772642

>>20769541
Whatever you’re gonna do, do the opposite.

>> No.20772647

99% of day traders lose money and then only 1/2 of those make a decent bit. Don’t day trade , no one knows how a stock will perform in a short term basis unless you have insider info or have enough money to impact the market yourself.

>> No.20772667

>>20772463
>theres ALWAYS an argument both ways, i dont see how this helps you be correct

Yes, but one side is right. The trick is to figure that out, otherwise you're flipping coins.

>>20772617

TA is literally astrology for men.

>> No.20772683

>>20769541
>I've been trying to daytrade for half a year, and I have 0 profit
yeah shocking, who could have seen that one coming? i've been unprofitable for the first 2 years and i was trading full time, autistically putting 10 hours a day into it. now i'm at $400k and slowly, but steadily going up, and i don't even care about the money anymore, i knew, if i lost it all right now it wouldn't be the end of the world, because i can make it again, with the skill and knowledge i have now. if you come to the conclusion that the system is rigged after half a fucking year, i wonder what you will say in another 6 months after you blew up another 20 trading accounts.
see this guy >>20772403, it just takes some time and you're too impatient

>> No.20772693

>>20772667
how can you know which side is right until it happens?

>> No.20772735

>>20772693

By gaining understanding of the forces involved. Have you ever done sales?

>> No.20772753

>>20770822
All BBC posters are Asian until proven to be jewish

>> No.20772757

>>20769541
buy good companies and hold them. i'm up 1.3% in ATAT.

/sarcasm

>> No.20772758

>>20772735
yes, what does that have to do with it? if its some weird thing about human psychology, explain it

>> No.20772801

>>20772572
how many black swans can you find a year to make this worthwhile?

>> No.20772825

>>20772683
how do you make money trading if you lost all your money?

>> No.20772830

>>20772403
Can I get to 100k profit within a year with no experience in forex? (4 years in crypto) Willing to read any book or watch videos. Could you provide a roadmap?

>> No.20772853
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20772853

>>20772683
>slowly, but steadily

>> No.20772881

>>20772683
Where to start as a newbie?

>> No.20772918

>>20772758
>yes, what does that have to do with it? if its some weird thing about human psychology, explain it

Without wanting to write a whole book, when you're trading volatile stuff, it's all human psychology. The thing itself is only important to the extent that it's as attractive or unttractive to humans with money. Great fundamentals are great, but what you're actually doing is participating in a social sales event

>>20772830
>$100k profit in a year in forex

How much money do you have to start with?

>> No.20772934

>>20772830
100k is doable, just give it time.
If you understand crypto, you'll understand forex to a degree...put a small amount into a forex account (around $300 or so) and trade 0.01 lots until you get a feel for daily and hourly movements, and movements based on news and such. Start small and work your way up as you go along. Babypips.com is a decent place to start, just don't get negative in your thinking. Good luck.

>> No.20772955

>>20772403
>>20772453
im sure people here will believe you and lose all their money in forex, good job anon

>> No.20772961

>>20769631
Fpbp, I daytraded and got 50x, after that I kept getting experience and lost all my money, I put even more and lost more. It's just roulette only the fact that the odds are against you

>> No.20772977

>>20772918
>but what you're actually doing is participating in a social sales event
so you just play it by gut feeling or whatever?

>> No.20772985
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20772985

>>20769541
I've seen this bitch take two dicks in her ass at the same time then swallow both

>> No.20773004

>>20772985
Who is that? Lana? Why does she look different?

>> No.20773038

>>20772494
How much do you usually put into those coins?

>> No.20773069

>>20769541
how much did you lose, what was your biggest trade, I need to know this for context

>> No.20773078

>>20772977

No, read more about psychology. "Influence" by Cialdini should be read by literally everyone above 95 IQ anyway.

A bunch of people FOMOing into something and a Black Friday mob are essentially the same thing happening, for example.

That said, I've now made enough flipping shitcoins to invest in more "blue chip" crypto so I don't really have to day trade anymore. If you want a less stressful life, the Coingecko-Uniswap Shitcoin Flip is a reliable way to make a few hundred bucks a day.

>> No.20773114

>>20772403
>2-300k per yearover the past 6 years.

That's good but it should be a lot more due to compounding. Even at 1% per day that's at least 10x per year.

t. daytrader making 2-3% per day

>> No.20773115

https://www.youtube.com/watch?v=Aa54bSxbbEU

>> No.20773136

>>20773078
>>20773038


Asking you this too

>> No.20773144

Everything you think is gay snd stupid and wrong is a good buy. Look at BYND. Fake meat for bugmen and if you had gone all in at the start you’d be a millionaire today. Same thing with Tesla. The next one is going to be a company that makes fake meat out of insects, I’m keeping an eye out for that. What you need to understand is that the world is gay and dumb, so if you invest in dumb gay shit you will make it.

>> No.20773145

>>20773078
how do you apply the psychology to trading? how do you know when a mob will act or not?

>> No.20773191

>>20773144
kek
just buy some ETFs anon

>> No.20773257

>>20773038

1-5 ETH, that's pure gut feeling

>>20773145
>how do you know when a mob will act or not?

The mob is always acting, that's literally what the market is. When they all start moving fast in the same direction, position yourself to move opposite, then make an informed guess as to the peak and make your move any time before then.

Read that "Influence" book, it's not long and it actually helps in all areas of life, since our entire lives are unfortunately made up out of dealing with people

>> No.20773305

>>20773257
>When they all start moving fast in the same direction, position yourself to move opposite
what does this mean exactly in terms of trading? how do you time the contrarian move without getting stampeded?

>> No.20773354

>>20773038
at the start i would typically go all in, but really it depends on a lot of factors

for instance, if a coin looks risky i typically put in less, but since my porfolio is around 3.5k i typically split it around 2-3 coins, you cant overdiversify

>> No.20773374

>>20773144
lol, true but only for memes, everything else thats shit stays shit

>> No.20773395

>>20769541
Literally gambling unless you have insider info like warren buffet, soros etc

>> No.20773433

Trading as in regard to forex is all manipulated by Jews and whales. If you have the patience to cock fight with them then try out this course “ beat the market maker steve mauro”
It’s a payed course but you can download it for free if you have enough IQ points.

>> No.20773438

>>20773305
>>20773257
>>20773145
>The mob is always acting, that's literally what the market is. When they all start moving fast in the same direction, position yourself to move opposite, then make an informed guess as to the peak and make your move any time before then.

I should clarify that when you see that mob starting to go fast, join them, and then bail out around the peak. The spread between your entry and exit is called profit. In early, out early is the principle.

>>20773305
>what does this mean exactly in terms of trading? how do you time the contrarian move without getting stampeded?

Of course nobody can predict the future but you can make educated guesses. Understanding the fundamentals is KEY, which you should have at least a glimmer of before you spend a single dime on a project. Is this (in your opinion) a $100m idea that just blew past $130m mcap? You could be underestimating the idea, but more likely it's time to start planning for the exit. TA can actually be useful here, not intrinsically as science but to give you some rough idea of the realistic limits of a given mass psychological movement.

>>20773395
>I don't understand it so it must all be luck

I bet you are a man of many skills and hobbies

>> No.20773466

>>20769541
>Either that, or I'm just a sub 70 IQ fucking neurotic retard, who's impatient and therefore not profitable.
/thread

>> No.20773478

>>20769541
https://youtu.be/L7G0OfJUON8

Watch this first nigga, really watch the whole thing. It specifically addresses the same issues you face

>> No.20773503

>>20773438
>I should clarify that when you see that mob starting to go fast
in terms of price action this is following the trend i guess, but how can you tell how big and long the trend is?

>> No.20773513

>>20769765
Reminder to newfags these are poltards trying to start a racewar

>> No.20773566

>>20772955
Many will lose for sure, but I'm letting you know there are success stories out there that rarely post here. I'd consider you a failure if you wanted to do it but didn't even try.

>> No.20773572

>>20771971
Nigga the whole crypto market is up from last month. You just got lucky.

>> No.20773613

>>20773572
honestly that's true too, but i was there during the bull market, literally completely different

>> No.20773621

>>20772825
>how do you make money trading if you lost all your money?
you never lose all your money, because you don't trade with all your money

>> No.20773627

>>20773478
he's just selling his course in a different way it seems

>> No.20773652

>>20773621
you just said, if you lost it all

>> No.20773718

>>20773627
But the part where building a portfolio rather than just putting money in 5 stocks without proper research and strict stoplosses targets. That is what the pros do.

>> No.20773765

>>20773718
those things alone dont make you profitable

>> No.20773868

>>20772918
What could I be looking at with 20k?

>> No.20773939

>>20772934
>“Get a feel”
What other more concrete advice would help me? I like reading a manual and learning that way.

>> No.20773965

>>20773503
>but how can you tell how big and long the trend is?

That's where the informed guessing comes into it. You need solid, reasonable answers to the following questions

>having researched this, how much do I think this thing is potentially worth
>by what percentage could I be overestimating that?
>what's the current market value?
>are people slowly buying into this, or is this clearly a stampede?

Once you have the answers to these, you have a very good chance of making the correct decision.

Also of course there is no such thing as a perfect trade, I've sold out and watched stuff double again after that. But I made a very healthy profit even on that one, and selling early has saved me from a dozen vicious losses if I hadn't slipped out of the stampede before it reached the cliff.

>>20773868

I couldn't tell you -- the shitcoin profit margins are so huge I never bothered with anything else (for profit generating, gains are getting stuffed into Boomer index funds)

>> No.20773974

>>20773572
>you just got lucky
this is the most irrational thing to say about traders from other traders. i come across (by self admission) profitable traders that say this or that trade is lucky, but the same thing could be applied to any of their own trades. its totally irrational.

>> No.20774025

>>20773965
>>having researched this, how much do I think this thing is potentially worth
>by what percentage could I be overestimating that?
>what's the current market value?
>are people slowly buying into this, or is this clearly a stampede?
how would you apply this to say btc? it swings wildly from 10k+ to 3k over a few months, with people saying it goes to zero or 100k

>> No.20774063

>>20769541
That's a man.

>> No.20774116

>>20769631
this is why u dont "trade" crypto, only invest. iv done 2 trades in 7 years and im 800x

>> No.20774153

>>20773939
I'm sure there's tons of youtube vids, haven't looked at any books though....experience really is the best teacher

>> No.20774159

>>20773974

One of the main things that keeps poor people poor is the belief in luck.

Successful people say "man, I got lucky" because they don't want to sound like smug assholes, when what really happened was "I read the shit out of everything related to this until I got a decent idea of what could happen, bet huge on myself being right, went through a period of fucking agony when it seemed like I was wrong and was going to lose everything but I refused to break down and cash out, and then I was eventually proven totally right and made a fuckton of money"

I mean, luck doesn't exist and can't exist if you think about it for a second

>>20774025

I'm a believer in BTC, long-term. The price has been getting fucked by shorts for a year now, so I see it inevitably in the 6 figures in the next few years, 2023-24. That's guy feeling.

I think right now it's being manipulated by massively leveraged short/long traders. If you short the shit out of BTC at 11,000 with huge leverage and it goes down to 9,100, you make huge money. Then you flip long and make huge money all the way up to 10,000 again, where you flip short etc.

People made a fucking fortune this way. We'll see if this time, it's a genuine breakout, in which case I'd say BTC will become a very attractive investment for the next few years.

But I might be wrong.

>> No.20774180

>>20772639
A little DD (due diligence) on a company to make sure that it isn't going to go tits up can go a long way. Any reputable organization releases earnings reports and even shows how much money they have in surplus, which can help you value the true value of the stock. That can be done overnight on a handful of companies, or even within 10 minutes if it's just one you're specifically eyeballing. If they have money and don't spend money like a woman overall it can be worth a long term hold if you get dumped on.

>> No.20774204

>>20774180

This. Fundamentals > technicals

>> No.20774215
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20774215

>>20769541
Or you could just hold LINK.

>> No.20774375

>>20774159
>luck doesn't exist and can't exist if you think about it for a second
thats bullshit, luck is simply a way of describing an unrepeatable outlier event. these happen all the fucking time, just not all the time

>> No.20774379

>>20772403
Any reason why you have different accounts? Liquidity issues?

>> No.20774472

>>20774375
*just not all the time to the same person*

>> No.20774506
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20774506

>>20774204
Which leads me to this: if you're trading, there's a difference between swing trading and day trading. Swing trading leaves you less vulnerable to getting rekt because you're at the very least in it for some period of time. And try to swing something with a dividend, so if you do get Bog'd, you can at least get an consolation prize of sorts while you ride it out, to either DCA into or divert into something that may be a better opportunity.

This is all shit I've learned (the hard way) over the last 9 months. I'm just being patient and accumulating more knowledge, because more opportunities will reveal themselves. I'll get out of the hole eventually.

>> No.20774523

>>20772400
at least 200 trades and profitable on the whole, mark spitznagel (famous options trader) has only a 2% win rate, but the winners cover everything

>> No.20774547

>>20774116
>this is why u dont "trade" crypto, only invest. iv done 2 trades in 7 years and im 800x
redpilled

>> No.20774554

>>20772580
bs, cut losers fast, getting emotional is the fast lane to ruin

>> No.20774600

>>20772693
by using a combination of ta, indicators and reading the tape

>> No.20774602

>>20769631
>all those youtube gurus are paid by brokers to get dumb money into the market to fleece.
Fpfb.
This right here is the redpill you need anon.
Repeat after me.
Retail traders are liquidity providers for institutions.
Again
Retail traders are liquidity providers for institutions.
Keep repeating it until it's embedded in your head.
The more retail providers flock to an institution, the more money they make.

>> No.20774738

>>20774375

"Luck" describes an event that you didn't understand. It's at best a statement about the limit of the human brain's ability to comprehend the Universe. Or at least about human intentions combined with the limits of understanding.

We each bet $10,000 on the flip of a coin. It comes up heads and you win. Lucky for you, unlucky for me. But, if you built a robot that could duplicate my hand motion precisely, from the same position, in the same location with the same conditions, it would flip that coin to heads 100% of the time. The second it left the tosser's hand it was always going to come up heads. It's math.

If you pull a lever on a slot machine, the RNG inside comes up with a number that corresponds to an outcome on an internal table that wins money or doesn't. Lucky you (or not)! But if you pulled the lever at that precise moment the RNG would come up with the same number. Math.

Then there's all those "lucky shots" that were in fact the product of huge investments of time to build skill, etc etc. Outlier events were caused by a rational process. That, long term, they were unlikely is irrelevant -- they were inevitable. If you'd been able to see the causes happening and intelligently interpret what they would've done, you would've predicted the outlier event. Maybe no human could, but that doesn't mean anything other than the limits of human understanding of the Universe.

If you want to get rich, first stop believing in luck. "Luck" is a word that stops you from thinking

>> No.20774751

>>20774506

This is really excellent advice

>> No.20774801
File: 46 KB, 600x582, mandm21_corplogoFC.jpg [View same] [iqdb] [saucenao] [google]
20774801

u guys are fegs lmfao. Stop acting like ur wall street pros. LIterally everything went up in crypto the last 4 months. Everybody made money, all you had to do was blindly long anything.

>> No.20774850

>>20774738
>It's at best a statement about the limit of the human brain's ability to comprehend the Universe.
yes, but theres a fuckload of things humans dont comprehend. and even then at the microscopic level theres quantum shit, so your idea of a robot recreating events perfectly is bullshit

>> No.20774862

>>20769541
Day trading isn't for everyone, if you are slow, very patient and like to do research and dd, then it isn't for you and you should explore swing trading (holding period 2-14 days). Doing something your mind isn't made for will be like pushing a triangle in a square hole and will make you less competitive with the pros and algos. Not worth it.

>> No.20774908

>>20769665
I just did what the nazis over in pol told me to do and I 15X'd. booya

>> No.20774925

>>20774862
also don't get emotional, don't give a shit anybody tells you and do it your own way, but learn the basics (buying dips etc.) first and then advance to more advanced patterns like flags etc.

>> No.20775064

>>20772273

I confirm it is the jews

>> No.20775126

>>20774751
Like you were saying about certain events: this year has been probably the best lesson in the stock market anyone could ask for. A flash crash is prime buying opportunity, not time to cash out and take a loss. My problem is that I cashed out and tried putting into shit I thought had a better chance of recovery. I made the retard move of REITs, but with DCA and dividends I broke even on NLY recently, moved that money into QYLD to get a fatter dividend payout for riding out however long this takes. Doesn't matter if I bought the absolute top of something, you can always get out if you're patient, and develop a strategy and stick with it. Shit, that's just life in general

>> No.20775162

>>20774850
>so your idea of a robot recreating events perfectly is bullshit
>thinks quantum noise has an effect on a 6-gram quarter getting flipped

lmao that'd be like an elephant tripping over a single bacterium

More involved are atmospheric conditions and the way the edge of the coin, which is imperfect, interacts with the floor, which is also imperfect. But those are hard to model, not impossible. That's where predictability comes in, but predictability is again just a way of getting somewhat accurate results with human limitations.

Same with any computer RNG, of course they can't actually generate a random number because random numbers don't exist. They just take the last few digits from the CPU clock at a random snapshot, since the clock ticks in billions of cycles per second, which FOR US is good enough to be random.

I mean, an asteroid might wipe out all life in France tomorrow, what an unlucky day. But of course the asteroid has been on the course that sent it into Lyons for millions and millions of years.

>> No.20775203

>>20775162
i guess youve never heard of the butterfly effect, or dont believe in its existence?
what you say is just bullshit, im afraid. EVEN IF the universe was as deterministic as you believe, thered be absolutely no way to prove it by humans

>> No.20775243

>>20775126
>A flash crash is prime buying opportunity, not time to cash out and take a loss. My problem is that I cashed out and tried putting into shit I thought had a better chance of recovery.

This. A million calm people actually form a fairly genius-level evaluator of value, which is why the market works. But get people all riled up with a bubble or a flash crash and they get unbelievably stupid. Then, doing the exact opposite is generally free money.

>> No.20775295

>>20775203
>lmao physics aren't real

Ok bro, I'll just keep being "lucky" over here and hope the same for you.

Be sure to buy a lottery ticket tonight.

>> No.20775312

>>20775243
what stops it flash crashing again? for example btc lost 50% in one day, what prevents it from happening again? why would you buy btc is it could happen again anytime??

>> No.20775336

>>20775295
what ive described is physics, your deterministic universe is pseudoscience. physics says many things are random.

>> No.20775478

>>20775336
>physics says many things are random.

lmao I am going to assume you have an arts degree

>>20775312

Luck bro

>> No.20775508

>>20775478
the fact that you cant even justify your world view proves you are lucky lmao. you dont understand what you are saying but still have success

>> No.20775747

>>20775508
>hey successful guy, I want to be successful too! where do I start?
the first and best thing is to get rid of these limiting superstitions that keep shut off thinking
>no I think you're wrong

lol, I don't need to justify my world view -- I'm trying to help you, a stranger, for FREE, get to where I am. If you don't want to, that's fine.

I will, one last time, say that there are many times where things have happened, and if I'd said, "wow, that was lucky/unlucky" and gone onto something else, I would not be where I am today. It's because I said "now how the fuck did this all happen" and starting digging into the causes that I gained enough understanding to reliably make money. When I lose, it wasn't luck, it was that I didn't understand what was going on. When I win, great, but I still want to better understand what happened.

And I've noticed the same attitude with other people who've been successful. Losers complain about all the bad luck they have, successes want to understand what is happening.

>> No.20776010

>>20775747
i know plenty of successful traders with superstition out the ass, and pay top dollar for fengshui and astrology, but at least they can admit luck is a major factor in trading

>> No.20776059

>>20776010

Fair enough -- I wish you best of luck, Anon, and I mean that.

We are all gonna make it

>> No.20776246

>>20775312
It's a certainty it's going to crash again. Some whales are going to dump it hard to take profits. Buy a little bit of that and if it keeps dumping buy a little more. Once it starts going back up ride the wave until you're comfortable with the amount of money you made. You can move that profit into something more stable and then at that point you'd essentially be playing with house money of you moved your initial investment out.

>> No.20776330
File: 51 KB, 750x810, 1565948780390.jpg [View same] [iqdb] [saucenao] [google]
20776330

>>20772580
yeah seems to be true so far
ill buy some more shit i guess... (and hold for few years without looking at the price)

ill kek into oblivion if this meme internet coin shit gives me some REAL return

>> No.20776605

>>20772494

How do you know when a coin is solid anon? What and how do you look at/for?

>> No.20776826

holy shit a quality thread on /biz/

>> No.20776901

>>20776605
honestly, 99.99% of coins on uniswap are scams, you just have to find a scam that will make you money

this means:
liquidity above 10k
not just one dude providing liquidity
liquidity providers aren't connected to any scam tokens
social media/telegram doesn't have too many pajeets

if you find this coin and get in early, you are guaranteed to make profits

>> No.20776991

The generals (pmg excluded, as a lot more valuable information flows) are basically for shitposting and wojack price indicators. 90% of this board is unironically crypto scams

>> No.20777580

>>20774925
>>20774862
everything you said can be found literally 5 mins on google. KYS

>> No.20777634

>>20769665
This, but unironically

>> No.20777777

>>20774908
kek

>> No.20777816

>>20777777
checked

>> No.20777821

>>20777777
Holy shit this is the worst get of all time

>> No.20777829

>>20777777
>>20777777
>>20777777
>What does it mean?

>> No.20777835

>>20777777
WASTED

>> No.20777840

>>20777777
fucking failget

>> No.20777841

>>20777777
You bastard.

>> No.20777845

>>20777777
what a fucking waste, checked though

>> No.20777855

>>20777821
my id tho

>> No.20777858

>>20777777
Has kek blessed us?

>> No.20777862

>>20777777
fucking cunt i had an epic post for my 7s you newfag

>> No.20777869

>>20777777
BASED MINIMALIST

>> No.20777894

>>20777777

Fucking weak


>>20774908

POST PORTFOLIO NOW

>> No.20777928

>>20777777
Checked id and digits and the lord's name

>> No.20778023
File: 163 KB, 818x503, pPdNZ3c.jpg [View same] [iqdb] [saucenao] [google]
20778023

>>20777777

>> No.20778027

>>20769681
>yes goy our regulations benefit you and not us!!

>> No.20778037

>>20772494
>he doesnt know how to query the api

>> No.20778044

>>20777777
>kek
>is him Adolf88
Witnessed.

>> No.20778092

>>20777777
based, shitlinkers seething

>> No.20778206

>>20778027
That's not what I said, brainlet. Good luck protecting your funds when an exchange goes down

>> No.20778269

>>20769541
Imagine how rich you could’ve been by simply counter trading yourself

>> No.20778277

>>20777777
checked this kek post

>> No.20778297

>>20770395
literally this, you never lose money unless you sell at a loss

>> No.20778388

>>20769681
>beating trillion dollar markets is easier than thousand dollar markets
Shut the fuck up

>> No.20778432

>>20777777
>Kek
>Get
No surprises here. Am glad this derailed OP's rubbish thread.

>> No.20778489

>>20772400
Most of them probably just got lucky and then came up with some stupid fake theory after the fact that had no effect beyond allowing them to serendipitously luck into their wins. Unbelievable survivor bias in that field.

>> No.20778513

>>20778388
What?

>> No.20778583

>>20773114
>That's good but it should be a lot more due to compounding. Even at 1% per day that's at least 10x per year.
Yea this is how u can tell it’s fake
If u can consistently make 2-3% per day u will become the richest man in the world soon

>> No.20778686

>>20777894
all link all day

>> No.20778749

>>20774159
You’re an asshole idiot
I invested in crypto in the last month for the first time since 2012 and I’m up 50%
It’s because I’m lucky. Most people are the OPPOSITE of what you claim and will take credit for wins even though they are actually just fucking lucky. Funniest example of this is good looking people giving shitty dating advice. Fuck off.

>> No.20778778

>>20777777
Well considering my portfolio is 100% LINK this is fitting.
Yet another sign kek is telling me I am on the right path.

>> No.20778785

>>20773513
>Reminder to newfags these are poltards trying to start a racewar
**Reminder to newfags these are asians or jews who frequent /pol/ trying to annoy and demoralize white people

>> No.20778787

>>20778686
based

>> No.20778806

>>20774180
>A little DD (due diligence) on a company to make sure that it isn't going to go tits up can go a long way
The opposite can be useful in the current environment where you can get super high yield corporate bonds that the fed then backs.
Either insider trade or get lucky.

>> No.20778926
File: 1.60 MB, 5472x3648, moon wall.jpg [View same] [iqdb] [saucenao] [google]
20778926

>>20778778
hodl

>> No.20778942

>>20776901
Do you know of a reliable feed of new coins

>> No.20779007

>>20778513
You’re not winning a “fair” market as a retail trader and if you think anyone is you’re a fucking retard

>> No.20779013
File: 26 KB, 500x385, 1577539846833.jpg [View same] [iqdb] [saucenao] [google]
20779013

>>20777777
Checked, based and 88 pilled.

>> No.20779024

>>20772222
checked and based fren ty

>> No.20779191

>>20769541
14/2 and 14/1 bb. sell overbought 1d/1w charts with leverage as soon as it goes below mid on 30min chart. sl at 20% latest. do not bet against bubbels like tsla

>> No.20779224
File: 111 KB, 1663x316, 1488.png [View same] [iqdb] [saucenao] [google]
20779224

>>20778926
No doubt.
>>20779013
Very based indeed.
Reminds me of pic related.

>> No.20779259

>>20773965
Tell me the price for tsla by EOW
I’m sure you won’t guess right

>> No.20779352

>>20774738
Wow I thought you meant it philosophically but you literally don't understand the concept of entropy. Best of luck in your investments kek

>> No.20779861

>>20777777
kek be praised

>> No.20779902

>>20769541
>Either that, or I'm just a sub 70 IQ fucking neurotic retard, who's impatient and therefore not profitable.
Looks like you figured it, nice blog post retard

>> No.20780077

>>20769541
Also stop daytrading SHITCOINS (ALTCOINS).
THAT IS NOT DAY TRADING.
start with BTC.

>> No.20780213

>>20780077
>Double dubs
>ID: Dvb

Not a coincidence. But he can also play with ETH, since it moves with BTC and less risk involved. Plus, 2.0 (if it ever happens) will give it a surprise shot in the arm that'll boost his confidence for other assets like stocks.