/biz/ - Business & Finance

[Anonymous No.8821083]

Trading is a fucking meme and I'm fucking sick off it. The whole thing is a fucking joke. The math is so fucking stacked against you, it's literally impossible to win without huge amounts of luck.

Think about it. A coin moves down 50% and you lose 50% of your money. Fine, shit happens, but now what? You need to move 100% up to just fucking break even. It's a complete joke.

Fuck this shit.

[Anonymous No.8821150]

>>8821083
When I bought eth, it first moved 50% down and a year later it was 20000%

Day trading is pointless. It's even worse than wagecucking, you still spend whole day doing computer work and get crumbs for it.

[Anonymous No.8821158]

That's why you short

[Anonymous No.8821186]

>>8821083
>it goes down 200 then sideways buy
>goes up 200 sell
?????? must be hard being a brainlet

[Anonymous No.8821222]

anon this is basic game theory, how is the math hard?

[Anonymous No.8821262]

>>8821083
I'm literally 2x just by daytrading.
Sure the market crashed and I'm still on fiat loss but shit just happens.
You're just a fucking brainlet

[Anonymous No.8821272]

>>8821150
worst. daytrade whole day and lose money. kek.

[Anonymous No.8821301]

>that's why you lose all your money in a volatile market

[Anonymous No.8821360]

>>8821262
What are people doing to survive the current market trends? I was 70k up and i lost it all Hodlin, I was thinking of tethering at 10k then buying back in round 6k and just do that over and over. I'm looking for some legit tips here

[Anonymous No.8821376]

>>8821262
Wow look at this guy who got 100% gains while the market went up 30x.

[Anonymous No.8821388]

90% of traders lose money.

Sorry op, but you belong with the brainlet masses.

[Anonymous No.8821389]

the answer to your dilemma is that you keep some cash to buy more.

[Anonymous No.8821390]

>>8821083
Its called a stop loss you imbecile

Hint= if yoi're long, and the price drops below the last swing low, sell instantly

[Anonymous No.8821787]

>>8821272
>do good all day
>lose all your gains and then some on one bad trade

[Anonymous No.8821831]

>>8821360
Just learn to cut your losses shortly and don't hold for too long. That and don't start trading with shitcoins that have been freefalling for days.
That's all it takes.

>>8821376
I said that I increased my coins while the market was going down the shitter you mentally impaired imbecile.
I'm at a loss because they're now worth shit.

[Reluctant kneepad girl No.8821912]

>>8821083
Trading most competitive games on planet since time begins.
Unless you consistently top 2% of every thing you do, not bother with trading.
Also if you not intuition understooding options and margins, stay away from trading.

You can still try long term swing trades if are brainlet tho. Try only making 1-2 trade a month

[Anonymous No.8821923]

>>8821150
Agreed, buying shitcoin at the very bottom is the only way

[Anonymous No.8821932]

>>8821083
>Think about it. A coin moves down 50% and you lose 50% of your money.
This is not for you already, I can tell.

[Anonymous No.8821946]

>>8821083
>A coin moves down 50% and you lose 50% of your money
What fucking retard trader holds a 50% loss? Set a stop loss at a reasonable level, like -5 or -10%. If it triggers, feel good that you've stuck to your guns.
Anyone who buys and doesn't have a stop loss is gambling, not trading.

[Anonymous No.8821958]

>>8821083
Fucktard. There are indicators that predict market moves if you spend 10 mins understanding how they work and 1 hour learning how they work IN THE MARKET YOU ARE TRADING IN (Imortant) the btc crash that just fucking happened was signaled as early as 10 hours ago you fucking chump. Learn the profession. Make money. Brainlet.

[Anonymous No.8821983]

>>8821958
How much money have you made, anon?

[Anonymous No.8822069]

>>8821983
I don’t trade crypto mate, forex is where it’s at

[Anonymous No.8822072]

>>8821958
>the btc crash that just fucking happened was signaled as early as 10 hours ago you fucking chump.
what signal was that? I'd be interested in knowing how you were able to foresee that drop. Bitcoin was above the 10-day moving average right before that drop. Bitcoin was in a very good spot. And then poof some whale decides to take a shit.

[Anonymous No.8822087]

>>8822069
>forex
AAAAAAAAAAAAHAHAHAHAAHAAHAHAHAHHAAHAHAHAHAHAHAHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAH

[Anonymous No.8822100]

>>8822069
I asked you one simple question. How. Much. Money. Have. You. Made.

[Anonymous No.8822122]

>>8822087
>AAAAAAAAAAAAHAHAHAHAAHAAHAHAHAHHAAHAHAHAHAHAHAHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAAHAAHHAHAHAHAHAHHAHAHAH

this but unironically

[Anonymous No.8822124]

>>8822069
can only agree as a forex trader myself. All markets are manipulated but this crypto shit is manipulated the most by FAR.

[Anonymous No.8822125]

>>8821360
Bought now m8 bull trap will come in 2 days, i'm pretty sure. Oh and one more thing if y loose your money dont blame me, blame your self for listening to some random guys on the internet m8

[Anonymous No.8822138]

>>8822124
Fuck off, larplord, you have no idea what you're talking about.

[Anonymous No.8822161]

>>8822138
enjoy wagecucking soon or learn forex

http://babypips.com/learn/forex

put some time into your education and learn how to consistently make money.

[Anonymous No.8822162]

>>8822138
>unregulated markets are surely not manipulated

[Anonymous No.8822170]

>>8822161
also check EURUSD rising right now and my profits going up, is that a larp?

[Anonymous No.8822181]

>>8822072
Volume. Learn what it means in the market you trade in, it’s the first thing you should consider before making a trade

[Anonymous No.8822276]

>>8822161
>>8822170
>enjoy your insane fees
>enjoy your spread
>enjoy having to use magin to do anything
>enjoy having to deal with broker manipulated data that is designed to fuck you over because your broker is betting against you
>enjoy getting jewed on every move
>enjoy not being able to cash out if your broker denies it (seriously google this, it happens OFTEN)
As I said, you have no idea what you're talking about and linking a babbies guide to forex makes it even worse because you obviously fail the realize the devious purpose of these guides.

[Anonymous No.8822297]

>>8822181
unless bots just fap on each other in order to fake an increase overall volume

[Anonymous No.8822398]

>>8822276
>there are no fees - find a broker without commissions, 0.6 pips spread on EUR/USD which is tiny if you make hundreds of pips on 1 trade. Maybe you're talking about swap fees, which are small aswell and only due to margin
>what's wrong with margin trading?
>implying manipulators in crypto don't have access to all positions which they inevitably LIQUIDATE on the daily
https://twitter.com/BitmexRekt
it's the same shit in forex and in every other game be it stocks or futures.
>regularily cashing out without problems

Crypto is essentially the same game as forex only with the difference that the big players fuck you over much harder.

That babypips guide should be sufficient to build a base knowledge and from then on you can form your own system and trading plan. it is free because 95% of all traders are doomed to fail. They attract dumb money - it's up to you if you can make it up to the 5%.

[Anonymous No.8822435]

>>8822398
>Being this brainwashed by the jews.
Yikes, bro.

[Anonymous No.8822756]

>>8821083
Do you guys serious? far out youze are brainlets,

Bitmex chad here, scalping daily picking up points

[Anonymous No.8823020]

>2018
>still trading crypto

sorry but that party ended in late 2017. Early 2018 were for people who desperately didn't want it to end and thought it would be realistic with infinite exponential growth, and later it was artificially pumped by whales. now its controlled by whales who randomly pump/dump the price a long with their short/longs, but unless you have info about when it happens its a complete gamble

[Anonymous No.8823076]

contact me if you would like to know how money's inherently broken

jonathanflower#5056

[Anonymous No.8823092]

>>8823076

[Anonymous No.8823233]

>>8823076
>>8823092
sounds like too much work

[Anonymous No.8823394]

>>8823233
for the lazy/stupid folk (>95% of the world) yes, absolutely it is

[Anonymous No.8823608]

>>8823076
this is a total scam. he gives some nonsensical math pages as ((preview)) and then charges $200 in btc for "full package". he is preying on desperate anons left in biz for a quick buck. dont fall for it

[Anonymous No.8823626]

>>8823076
>>8823092
also notice how it's basically all testimonials he made himself with the right emotional triggers to lure in victims. the first red flag of any scam

[Anonymous No.8823758]

>>8821083

lol... trading. You don't trade, you buy low cap coins and hold. Then sell at target price.

Allright faggots, buy this:

ColX
ESP
ACAT
Relex
Babb

Put them in hardware wallets and never look at charts again untill 2020. Do some actual work in the meantime and build up some fiat reserves. Sell crypto's in 2020 and retire.

Its literally that simple. I'm 35 and retired 3 years ago lol. Never had to post a wojak.

[Anonymous No.8823788]

hodl

[Anonymous No.8823861]

>>8823608
honestly, I really should be charging like $200,000 (probably more) but I'm a nice guy

[Anonymous No.8823892]

>>8823608
>>8823861
oh, and it's $225 now; the student after will be $250; the next, $275 (making it more of a supply/demand thing)

[Anonymous No.8823964]

IOt is a casino gamble, and 99% of people lose.

Crypto is shit and it is dying

[Anonymous No.8823988]

>>8823608
>>8823861
>>8823892
and I take any form of payment, crypto, $, whatever

can you transfer penny stocks? lol been wanting to get into those lately

[Anonymous No.8824056]

>>8821787

Then you're a fucking amateur. You shouldn't be on danger of losing your gains from one trade if you have good money management strategies.

[Anonymous No.8824529]

>>8821946
but warren buffet said to hold