[ 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: 89 KB, 1000x561, cd6771e5b42b6c016b7b7cdac5f15ed1.jpg [View same] [iqdb] [saucenao] [google]
51341214 No.51341214 [Reply] [Original]

I burnt 4 thousand dollars in the past two days trading futures. Ive lost close to $50,000 since December attempting to trade futures.

>> No.51341395

>>51341214
Damn, I could buy a house with that much money

>> No.51341419

>>51341214
based lol. hopefully 50k isn't too big a percentage of your folio :^)

>> No.51341433

why are you still using high leverage? every time you go x10 it's like putting on a bright neon hat that says "rape me"

>> No.51341464

>>51341214
Lol you'll make it one day just keep practicing.

>> No.51341583

>>51341214
You're not using enough money or leverage.. perhaps both.

>> No.51341603
File: 88 KB, 1424x648, BABFDF5B-C64E-48A1-B604-A7AACC79CD26.jpg [View same] [iqdb] [saucenao] [google]
51341603

>>51341214
What the fuck did you do, stop wasting money and try to invest in the long term, place your investments in coins desu

>> No.51341619

what is this boards obsession with losing money jesus fucking christ, at least offset losses by throwing your money into save investments like mutual funds

>> No.51342493
File: 25 KB, 614x586, 1666000134467.jpg [View same] [iqdb] [saucenao] [google]
51342493

>>51341214
I thought i had burned 5k on vinu and then it just pumped bros, its not all lost

>> No.51342972

>>51341619
They can't. It's legitimately gambling addiction.
I don't even want to rip on this guy because I've seen firsthand how destructive gambling addictions are.

>> No.51343483

>>51341214
And did it work?

>> No.51343489

>>51342493
The thing about vinu futures is that its constantly pumping so the shorts aren't worth a bit

>> No.51343505

>>51341214
>>51342493
We are innit for the long ride
We are innit for the long ride
We are innit for the long ride
We are innit for the long ride
We are innit for the long ride
w-w-we

>> No.51343523

>>51342972
i mean i will rather die stupidly indebted but knowing that i tried my best than live a whole life of feeling like i could put a bit more and never do it

>> No.51343570
File: 59 KB, 658x662, 1fe[1].png [View same] [iqdb] [saucenao] [google]
51343570

I unironically said stop the margin trading when I lost in 10 minutes $100 b-day money that my grandma gave me. It was a 20x, relatively high but not completely degenerate. And I didn't buy the top or anything, it just crashed rapidily for no reason at all, recovered decently right after.
It's beer money, no doubt, but my feelings was hurt.

>> No.51343596
File: 10 KB, 361x149, Screenshot 2022-09-09 003800.jpg [View same] [iqdb] [saucenao] [google]
51343596

>>51341214
Time in the market beats timing the market
>picrelated

>> No.51345161

>>51343596
You're down 50% or so though if you held all the while not like that's any better.

>> No.51345191

>>51341214
I'm down considerably also. It's a clown market. Don't beat yourself up.

>> No.51345209

>>51343570
Holy shit anon thats the worst loss, ive lost like 10k to futures this year but it was just internet money gains, nothing compared to grandma bday money, think about her feelings if she found out