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/biz/ - Business & Finance

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53476826 No.53476826 [Reply] [Original]

>94% of traders lose money
its simple. the way to make money is then to just trade like a normal person, but program a script to counter trade yourself using between 1.01x-100x leverage.

since there is a 94% chance you will lose money in your trading, there is also a 94% chance that you will come out ahead once adding in your bot's trades where it counter trades you with leverage.

has anyone done this? why wouldnt it work?

>> No.53476876

>>53476826
Most profitable traders have a 40% win rate. You might wonder how that’s possible. It’s because they cut losers early and let winners run, taking profits along the way.

>> No.53476942
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53476942

>>53476826
you know what i wont spoonfeed you people anymore. its impossivel to trade or whatever you newfags regurgitate, thats it. go away!

>> No.53477274

>>53476826
94% of "traders" are 20-30 year old midwits who think they're the main character and will get lucky on this stock without any research, graph and indicator knowlege and then think its a smart idea to buy a stock as its going up at a giant rate then panic when it suddenly dips to -30% on the pull back and sell at a loss. again and again and again. I tried researching most youtube "traders" and many of them admit to losing up to 5k before making any actual money lmao.