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/biz/ - Business & Finance

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53163393 No.53163393 [Reply] [Original]

I'm unironically making more money by opening trades at the current price, setting a sell order where i can reach 0.5% or 1% profit, and just wait for it to close automatically.

Hours, days or weeks doesn't matter, i forget about it and not care at all, you just have to learn and avoid long term bear markets.

>> No.53163424

I'm doing that with forex and hedging
Every 500 pips I add another trade and it's so low I don't care just will build it over a decade

>> No.53163936

>>53163393
Same. Perhaps it's not the most intelligent or effective method but it works and it's ridiculously easy

>> No.53164106

One -20% move would cancel out 30 good trades

>> No.53164129

>>53163393
How did so many anons figure this out at once? I literally started doing this on Monday and now I'm actually making money. Not much, but I rather have a steady flow of $2, $5, $10, etc. than waiting a year just to make $50.

>> No.53164131

>>53164106
why the fuck would i invest in something which is that volatile?

>> No.53164172

>>53164129
Probably because most things have been down the last year but fluctuations still exist

>> No.53164220
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53164220

So you need one trade to go horribly wrong which will eliminate the profit you got from 200 other trades. And that's ignoring the fees. What a great strategy.

>> No.53164235

>>53164106
stop loss -$2

>> No.53164238

>>53163393
so you made 1 trade the past month and you had to do it spot because funding would have eaten all your gains in 5 days. nice strat bro

>> No.53164249

>>53164129
and theyre all short term capital gains