[ 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: 123 KB, 958x605, dead-cat-bounce-2008_big.jpg [View same] [iqdb] [saucenao] [google]
29909063 No.29909063 [Reply] [Original]

I'm a stock trader that made it through 2008 alive. How much leverage did your coin brokers let you take?
Give me a number and I'll tell you if you're fucked beyond escape.

>> No.29909484

>>29909063
>trading on dialup because the etrade baby told me so
>trader

>> No.29909679

>>29909063
I don't use leverage but max is 10X I think, on Binance

>> No.29909717

>>29909063
Fuck off boomer.

>> No.29909797

>>29909063
That's not what happens when you jump from a building

>> No.29909800
File: 421 KB, 1024x768, 1591099858181.png [View same] [iqdb] [saucenao] [google]
29909800

>>29909063
Opened a comfy x5 long on Chainlink @ $22.90. Have laddered buys down to $17. Highest liq point is $12 without adding extra collateral.
>mfw

>> No.29909904

>>29909717
>boomer
b-but i'm 32

>> No.29909974
File: 114 KB, 1200x628, image.jpg [View same] [iqdb] [saucenao] [google]
29909974

>>29909797
What happens?

>> No.29910066

>>29909797
It is if you're a cat. Thats why its called a dead cat bounce

>> No.29910118

>>29909904
32 is boomer.
im a 32 yo booomer

>> No.29910240

>>29909904
>made it through 08
>was 19 at the time
Yeah I'm sure you had a lot of money in the market lmao

>> No.29910315

>>29909063
Max Leverage on Binance is 125x

>> No.29910422

>>29910240
But I didn't lose money is the point. I made a lot from my 9k savings.

>> No.29910707

>>29909063
I'm a yuropoor millenial Soviet immigrant who bought and sold some crypto in the past.
I stayed the fuck away from it since early 2020 (before th crash).
my current broker no longer allows leverage on cryptos but I can still trade forex majors with 30-50x leverage and stocks with 1-5x leverage + index and commodity futures with 10-20x.

I am only trading stocks, ETFs and forex right now but I was all cash since January because I knew markets will crash by the end of last week after I saw a buying sentiment for TZA spiking up two weeks ago in the dark pools.

only NEET poorfags and morons invest into crypto to get rich without setting realistic TP/SL. Crypto has its uses but making money just ain't it unless you know when to sell.