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/biz/ - Business & Finance

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50565821 No.50565821 [Reply] [Original]

I just blew a thousand bucks (half my salary without food and rent) on futures in under ten minutes. Is this what being retarded feels like?

>> No.50565849

no being retarded is blowing the whole salary before paying rent or buying food and then debt maxxing to lose it again and then borrowing from family members

>> No.50565885

>>50565821
Don’t trade short term. Especially with futures. The casino always wins. Take this as a learning lesson.

>> No.50565907

>>50565885
So it actually IS all about DCAing?

>> No.50565915

>>50565821
Welcome to /biz/

>> No.50566071
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50566071

>>50565821
Sounds like progress to me.

>> No.50566108

>>50565907
You could DCA but there are other strategies worth looking into. Some people have a lump sum they’ll just invest into etfs or a diversified portfolio all at one time and hold for years. It really does take time to make money in the markets. Some get lucky but you shouldn’t depend on luck to make it.

>> No.50566147

>>50565821
Signs that today at market opening the shit will hit the fan big time.

>> No.50566165
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50566165

>>50565821
It's over noob bros