/biz/ - Business & Finance

[Anonymous No.23860619]

Any leveraged day traders here can teach me on how to get rich quick?

I dont want to be a wagie in the middle class

Sadge

[Anonymous No.23860657]

If you're talking about crypto, it's the worst way to do it. Sooner or later you will lose everything.
Even shitcoin pump and dumps are safer.

[Anonymous No.23860686]

>>23860657
Any kind of leverage trading, futures, stocks or crypto... I dont want to be wagie

[Anonymous No.23860725]

>>23860686
>>23860657
I live in Brazil shithole, here you can leverage 200:1 with futures. Called winz2020 the future contract rn

If only I was good at trading it

[Anonymous No.23860790]

>>23860619
1. buy low
2. sell high
3. max 5 leverage
3. 1-2% gains are fine
4. be patient
5. don't gamble on shitcoins
6. no all in moves (risk management)
7. maximice crypto not fiat
8. buy the rumors sell the news
9. use one strategy
10. don't be greedy

[Anonymous No.23860830]

>>23860686
I had good results trading oil with 10% leverage.
my rules: not more than 8% of trading portfolio in a single position (still aggressive). Using basic support and resistance. Mental stop losses.

But keep in mind I was already somewhat experienced in trading after trading crypto with leverage on bitmex for 2 years and losing everything.

And besides, I believe the safer option for you would be looking for uniswap shitcoin gems and flipping them early for profit. It's safer than leverage because you won't get liquidated (though the shitcoin may die)

[Anonymous No.23860845]

>>23860790
Im not patient. Basically all strategies would take me decades to get rich. By then I'd have wagecucked a lot of years.

I'd prefer not

[Anonymous No.23860884]

>>23860830
Thanks for the tip anon
But desu it would still take a while to get where I want
I'd prefer to just end desu

[Anonymous No.23860888]

>>23860845
you will lose everything playing with leverage as a newbie trader, just scrap some money and start flipping shitcoins if you're that desperate

[Anonymous No.23860893]

>>23860619
a lot of the time you're just sitting on the sidelines
right now i'd go long BTC, but i'm waiting to see if the triangle is confirmed

[Anonymous No.23860912]

>>23860884
some anons managed to 1000x their money by gambling on shitcoins, I'm definitely not one of them but it's possible and safer than leverage
just buy before it pumps and sell early before the rug is pulled

[Anonymous No.23860918]

>>23860619

whats your edge

first give some evidence that you can beat a 50% win/loss rate per trade, then think about day trading.

[Anonymous No.23860945]

>>23860888
I already tried that, still couldnt make it. Now im trying to predict, as i said, the futures here in br. Called winz2020 in tradingview, gives huge leverage (200:1) but I just get blown

>>23860893
but the time I sit on thesideline hurt
as i said, prefer to end it

[Anonymous No.23860998]

>>23860912
i tried that and just lost most of the time
>>23860918
as i said, i wanted to do leverage to get rich quick. If i cant, id prefer going BOOM

[Anonymous No.23861007]

okay just end yourself then

[Anonymous No.23861120]

Please, someone

[Anonymous No.23861220]

>>23861120
fucking kill yourself. you worthless garbage piece of shit. you want someone to hold your hand and tell you exactly when to use extra high leverage. it's not going to happen, get it through your thick skull

[Anonymous No.23861243]

>>23861220
Yes i want someone to hold my hand like that. I hope i can find someone

[Anonymous No.23861247]

>>23860790
the dont be greedy should be higher, ive for sure lost out because i wanted a little more.

[Anonymous No.23861441]

i need a miracle, please

[Anonymous No.23861550]

someone that can predict the future

[Anonymous No.23861630]

>not a single 4chan filename
>typing like a twitch watching faggot
>begging for help
end your life

[Anonymous No.23861654]

>>23861441
If you want a "sure bet" (be aware nothing is 100% in the economy) just buy calls for AMD, their last ryzen blows out of the water the competition and Intel LITERALLY has nothing to fend it off thespotlight for the next 3 years. The calls are so far off the money and timeframe everyone should be individually extremely cheap. Get 120 contracts of x100 and sell them for profit wenever you see fit. If you didnt understand anything I've sayd go studi on options.

[Anonymous No.23861742]

>>23860790
>>23860830

[Anonymous No.23861763]

>>23860619
Just hold TQQQ for 5 years

[Anonymous No.23861817]

>>23861742

[Anonymous No.23861827]

>>23860619
risk management, risk management, risk management
made trades with like 2-3% of your stack.
imo finding profitable spots isn't that hard of a skill to learn, but not being a shitty degen and losing your stack is how most people fail.

[Anonymous No.23861931]

https://www.youtube.com/playlist?list=PLvkpxFSTppmnQ7A5DP386zEKU0Tv_fatm

[Anonymous No.23861993]

>>23860619
Only way to get rich from leveraged trading, is to actually do it, trial and error.
But since you are not gonna be good when you start out, you are gonna lose money on the journey to 'getting good'.

my advice would be take what you can spare from your monthly income and trade it, you will probably lose it and then repeat next month with what lessons you have learned. After a while if you don't get better or repeat the same mistakes over and over, you should accept that it is not for you.

[Anonymous No.23862152]

>>23860725
>If only I was good at trading it
>If only I was good at something no one is good at
There is zero proof that people that are profitable with trading are profitable because of skill. Trading is a luck based activity. People who win at it are about as skilled as people who win lottery tickets. Some deny it, but again there is simply no statistical proof that proves otherwise.
In fact, as a whole "traders" are less profitable than s&p 500.

Take it as you will, if you have to go into get rich quick scheme then do it. Dont worry about skill, its irrelevant. Just flip a coin and go with whatever it says. You are 99% going to lose everything and rope, but if thats the route you want to take, go for it.

[Anonymous No.23862186]

Buy when you feel like you should sell and sell when you feel like you should buy.

>iphone posting from my lambo

[Anonymous No.23862893]

>>23862152
Delusional retard, look up the turtle trader this was a common question back in the 60' maybe but we have cold hard data that trading can be taught if you stick to systems. The average normie with 2 weeks of market indoctrination was +80% eoy, compared with 4+ years experienced traders who were using their feefees and intuition to trade (they had around +25%).

Its gambling in the same way that poker is gambling, good players still make money, and bad players will lose.

[Anonymous No.23863123]

Hey is crypto+leverage still good if you have 3 million usds? or you're already too big and you need to switch to stocks?

[Anonymous No.23863185]

>>23860912
Only do this with an amount you’re willing to lose. I’ve won and lost some of these gambles, but ultimately it didn’t make much of a difference because I didn’t go all in like a degenerate greedy retard

[Anonymous No.23863413]

>>23862893
The only delusional person here is you, retard. Show me a single paper that proves profitability of trading over the course of 10+ years. Good luck, because there is none. Even hedge fund managers who rake in milions a year for managing funds you cant imagine cant be proven to actually be good and not just lucky. And there is plenty of cases of said managers or big time traders randomly dropping their entire portfolio while using the same strategy they used for years. Recently there was norwegian millionaire who literally lost everything and went into debt. But he was profitable before that. So he was good trader, who suddenly turned into a bad trader? Or how does it work?

[Anonymous No.23863477]

>>23863123
>has 3M
>asks for investment advise on four fucking chan
anon, I...

[Anonymous No.23863485]

>>23860998
>if I can’t get rich quick I will kill myself
Ok faggot calm down

[Anonymous No.23863504]

>>23860619
You are a wagie, and you will stay a wagie.

[Anonymous No.23863513]

>>23860619
Buy RL3R. There's already jobs

[Anonymous No.23863992]

[Anonymous No.23864035]

>>23860619
How would you like to earn $1,000 by the end of the week?

[Anonymous No.23864061]

all in link 3x leverage come back end of 2021

[Anonymous No.23864139]

>>23860790
What do you use besides binanace? Does any platform have calls and puts?

[Anonymous No.23864681]

you wont make it.

You wont make 1000x, just facts

concede

[Anonymous No.23864971]

HELP, please someone that can predict the future help me

[Anonymous No.23865050]

>>23864971
The emotions of desperation you are projecting mean you will not make it. Even if you succeeded at a wildly risky day trade, you would likely squander it immediately.

[Anonymous No.23865090]

>>23865050
i need a hero

[Anonymous No.23865491]

someone who can see the future, please answer