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[ERROR] No.30182495 [Reply] [Original]

I just signed up for a simulation account and I was trading the SP 500 decently well. All you have to know are patterns and if you take one good trade, you can easily make $200 dollars a day with a $1000 initial deposit
I'm 18 and this seems like free money.
Is it worth getting into?

>> No.30182608

Patterns in charts are shit. One big swing for an announcement or something like that and you are fucked

>> No.30182673

>>30182495
plan your trades so you can take losses and not wipe your shit out

>> No.30184100

try to do it then since you talk so big without actually doing anything retard.
The market will liquidate you like it's a big joke with one swing.

>> No.30184436

>>30184100
I don't know man stop losses are pretty easy to make

>> No.30184658

>>30182495
futures for anything other than btc (and uvxy/pms during boring market days) are complete shit. you will get liquidated by news and swans.

>> No.30184956

>>30184436
Everyone says that they're going to religiously stick to them, but when you're out there loosing money things get emotional and you panic

>> No.30184985

>>30182495
>you can easily make $200 dollars a day

and lose faggot

>> No.30185026

i was like you once op
but then i lost $300k
now i'm homeless

>> No.30185078
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>>30184436
Enjoy getting stop loss raided by the big boys faggot.
Futures and forex trading are two things I don’t fuck with, you will get eaten alive by the sharks that are institutional investors.

>> No.30185177

>>30182608
>>30185078

Yeah if you're a retard that bets 100% of his money.

As soon as you see the patterns (honestly just being able to see elliot waves is enough) and only use 10-20% of your total funds in a trade, together with stop-limits, you'll make money.

>> No.30185198
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>>30184436
good luck with those when the jewish hedgefund's supercomputer which is colluding with the jewish brokerage's supercomputer moves the price down to your stop-loss sell point for 0.01 nanoseconds, liquidates you, and then puts the price back where it was.


i'm being unironic, that's what happens IRL zoomie, try it out with a few $100 and see for yourself how stop losses work.