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9223456 No.9223456 [Reply] [Original]

So, do you trade for a living. Or do you have an actual job as well?

>> No.9223498
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9223498

>bank teller

>> No.9223521
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9223521

FUCK.

OFF.

DAD.

I'M.

NOT.
FUCKING.


LEAVING.

>> No.9223530

Lawyer.

>> No.9223570
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9223570

>>9223456
>trade
>for a living

Pick one. Believing traders make money how new are you?

>> No.9223584

Nope. I'm 21, and i'm about to drop out of engineering. What else can I major in? Everybody is making me understand that anything except STEM is useless. Do I have to give up and wagecuck for the rest of my life?

>> No.9223585

>>9223570
i made a dollar today trading with $5

anythings possible

>> No.9223593

>>9223570

What?

>> No.9223599
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9223599

>>9223456
he will show us da wae

>> No.9223613

>invested in crypto in july 2017
>left my job after
>holding 50k$ in alts now
>living by government help money until i make it

>> No.9223616

>>9223584

>Everybody is making me understand that anything except STEM is useless.

Lies. Accounting for instance is not useless. Neither is teaching if you don't mind the low pay/status.

>> No.9223624

>>9223613
lol you're that rich and on welfare?

>> No.9223628

I currently am going down this route. I turned 1k into 200k+ and can make $100-$2000 in a day just through trading for more coins.

>> No.9223630

>>9223570
Absolute cope.

> Markets are random!
> You can't beat the market! (That goes up 1000% then down 90% in a year)
> Just buy and HODL!

>> No.9223631
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9223631

>>9223593
>What?

traders lose money overtime and lie about it like degenerate gamblers.

>> No.9223643

>>9223613
If you invested in july 2017 why do you only have $50k?

>> No.9223679

>>9223643
he bought link

>> No.9223720

>>9223630
You are saying I am wrong or something? Because I surely am not and Philakone is a fucking crack head

>> No.9223728

Put $2000 early 2017. 60k now and I'm just living on centrelink until btc is 100k then I'm gonna cash out and retire

>> No.9223763

>>9223720
Yes I'm saying you're 100% wrong and the reason people perpetuate the "Trading can't be done! Just HODL" meme is to deal with their own inadequacy.

Do you really, genuinelly believe there is no way to consistently exploit these huge emotionally driven swings in this highly volatile market?

>> No.9223822
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9223822

>>9223763
>"Trading can't be done! Just HODL" meme

Look at the "Professional" finance world you retarded fucking imbecil. Index funds out perform mutual funds simply because no one beats the market over time. Those are the "Professional"s fuck even warren buffet can't beat the market anymore. You expect me to believe crack head phil is out performing people who don't smoke crack?

>> No.9223875

>>9223530
Same here. What kind?

>> No.9223886

>>9223822
We're talking about crypto, ofcourse low-volatility blue-chip boomer stocks are hard to trade.

You can't take advice tailored to the largest most efficient markets in the world and apply it to a low-cap, wildly volatile market built mostly on speculation, emotion and filled with amateur traders.

>> No.9223903

>>9223613
Get cancer.

>> No.9223905

>>9223456
people who say "let me show you the way" are fucking idiots. you'll never succeed copying someone, maybe some temporary success but htqat's it

>> No.9223948

>>9223886
>You can't take advice tailored to the largest most efficient markets in the world and apply it to a low-cap, wildly volatile market built mostly on speculation, emotion and filled with amateur traders.

The same exact logic applies. You just don't understand how things work.

>> No.9223967

>>9223456
I don't know why he's burning bridges with his former employer. I wouldn't publicly call any of the firms I worked at "shitty".

>> No.9223976

mason
i have to make it i dont want to work in the sun anymore

>> No.9223977

>>9223763
>Do you really, genuinelly believe there is no way to consistently exploit these huge emotionally driven swings in this highly volatile market?
>consistently
There is absolutely no way to do it consistently.

You might get lucky though. Even a blind squirrel will find a nut every now and then.

>> No.9223982

>>9223456
>$173
>Daily engineer salary

If you take in to account total compensation, that's less than 2 hours work for a l3+ engineer at a FAANG company. And the beauty of it is you get payed no matter what.

>> No.9224011

There is actual academic evidence supporting TA (not that indicator shit tho). Apparently you guys are just too stupid to use google scholar.

>> No.9224013

>>9223948
Mate I have a spreadsheet with thousands of trades through these bullish and bearish periods making consistent daily returns.

Don't be so dogmatic about shit someone who probably doesn't even trade told you on the internet.

>> No.9224018

>>9223456
Chemical engineer, doing process development in nanotech fabrication. Trading is some fun side gambling.

>> No.9224035

>>9223977
>There is absolutely no way to do it consistently.

So I imaging you're of the mind that people who consistently beat the market are just 'successful coin flippers'?

>> No.9224073

>>9224013
I guess you trade based on TA? What's your favorite indicator? RSI? MACD? Moving averages? Elliot Waves?

>> No.9224076

>>9224035
They're just lucky.

>> No.9224104

>>9224073
I don't use indicatiors or ta apart from basic support and resistance, I just wait until what people consider an important peice of resistance is cracked which causes panic and makes people rush to exit their positions causing the price to quickly fall to unsustainable levels.

That's when I start buying.

>> No.9224106

>>9224076
>lucky for 20 years
>quantitative finance companies lucky too

>> No.9224118

>>9223822
cope

>> No.9224120

>>9223456
wasn't this guy hacked like two times, losing everything?
How come he still has so much money? It smells of larp

>> No.9224132

>>9224120
lol disregard that, I read this as making $173k, he actually made $173...

>> No.9224166

>>9224076
brainlet cope

>> No.9224233

>>9223584
you need to get some capital, sadly a job is one of the best ways

>> No.9224279

>>9224011
>There is actual academic evidence supporting TA (not that indicator shit tho). Apparently you guys are just too stupid to use google scholar.

Got a good paper? A classic perhaps?

>> No.9224306

>>9224279
>Apparently you guys are just too stupid to use google scholar.
I think he was talking you directly...

>> No.9224335

>>9223456
>Profession Shitposter
Buy mobius, good investement. Plese, Sirs my children need eat.

>> No.9224337

>>9224106
>comparing financial institutions with NEETs trading in their bedrooms

>> No.9224404

>>9223456
I wagecuck cutting meat at a grocery store.
Management is great, they love me and regularly ask me if I want more hours.

Customers are usually angry baby boomers who conduct themselves like they have never made a purchase before in their lives, but the pay is good so I don't care what the sad old cucks say or do.

Once I have a year's worth of funds and an additional 100k to trade with I'll probably go full time trading, but I don't anticipate that happening for a while. maybe by 2020.

>> No.9224415
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9224415

Accountant fuck sake

>> No.9224420

Help me boys.

45k/year cad bucks with benefits and a ~10-12min commute.

Or $35 per hour (~70k a year) contract with no benefits and a 25-30min commute

>> No.9224459
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9224459

>>9224420
>>9224013
Mate you can say anything on the internet.

last video Phil made that I clicked on told me he was shorting EOS at 18.00 when it went to 21. that is all i needed to watch then I closed it before he started being "funny"

>> No.9224477

>>9223584
STEM-ism a brainwash. It's a strategy devised by extroverts pols to enslave brilliant introverts and creatives. Don't fall for it. In my 12 years in coding and product development, realised one thing: gain domain expertise. Know supply-chain-management and then gain technical expertise in a SCM package - SAP or .NET or Rails based - does not matter. Given chance will wipe out my STEM degree (electronics & electrical with heavy computing mix) to gain a Economics + Accounting degree / CPA. In addition to that, if you know programming you are an unicorn.

>> No.9224556
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9224556

>>9224018
>>9224477
>>9223584
Well damn I'm jealous a.f.

Got no one to blame but myself though.

>> No.9224578

Yeah we should trust this rhetorician

>> No.9224597

>>9223822
This just lie too
There many 300% actively managed funds

>> No.9224613

Pharmacist.
I already used crypto to pay off my student loans in under 2 years. Next stop is buying a big house. After that, early retirement.

>> No.9224702

Why is he making YouTube videos if he is that rich.
Just to make that hundred dollar in admoney? He is multimillionaire ist ne.
Dumb delusinal liars. Everyone who believes these lies should kys

>> No.9224705
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9224705

>>9223456
>not working + trading at the same time take your pick maintenance electrician, security guard, night fill at gas box station.

>> No.9224717

>>9223456

Software engineer 120k/y. I'm cross-skilling into blockchain/contract dev so I can pick up on some of the hypemoney.

31k in crypto

>> No.9224733
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9224733

coping larping wagecucks =D

>> No.9225298

>>9223875

The souless leach on society, only useful as a gatekeeper since other lawyers rigged the justice system so they could act as a permanent government subsidised class of rent seeking trash? Oh wait, that's all lawyers. Enjoy getting replaced by smart contracts faggots.

>> No.9225374

>>9223822

You're an idiot. I have multiple trading bots (arb, mean reversion, market makers). All average about 1 to 2% per day in returns (not including the appreciation in price of underlying assets). If what you claim is true, bots like mine wouldn't work. Would they? Ergo, stop believing everything you read on Reddit - markets aren't random and there's plenty of ways to beat them.

>> No.9225394

>>9224705
Maintenance man here

>> No.9225410

If you are not a whale don’t trade or you will absolutely BTFO by bots. Then about these «traders» on twitter, they are just selling their bags and that’s why they are successful so they just invent the biggest narrative there is in order to make you follow ... well I’m not gonna explain all the pajeet scam there is...

Tldr if you trade you are an absolute retard. If you trade while bein poor, literally kys.

>> No.9225428

>>9224337

You do know we all have computers right? Trading isn't magic you fucktard, just math and some bssic ability to find patterns.

>> No.9225480

>>9225410

Or just.....you know get your own bots? And that's crap anyway - I still manually trade on Bitmex since I can outperform my bots on higher timescales with leverage and shorts (don't use those with bot trading, make a mistake anywhere and you'll wipe your account). It's not a mystery anon - just go buy one, not that expensive. I coded my own, but there's some decent off the shelf ones.

>> No.9225489

>>9223822
The amount of money mutual funds have to manage, is humongous.

The argument that individuals cannot beat the market consistently, because mutual funds can't, is the dumbest shit ever. Go read a book. Some strategies don't scale well into the billions. Doubt you need billions though.

>> No.9225633

>>9225298
Huh?

>> No.9225650

>>9223584
Just go into the FIre Department. You can make 80k and only work 72 hour shifts and get 5 days off. You'll get overtime too. Try to get a join on a military base so you only deal with simple shit.

>> No.9225656

>>9224337
There are individual traders that are doing it since very many years. Also, the statement that TA doesn't work is clearly wrong. Maybe you are too stupid, but plenty of people aren't. There are pattern that can be exploited, even by trading manually without an algorithm developed by a team of math phds. Have you ever looked at a chart? Can you honestly not find any pattern that can be exploited? You don't even need indicators.

>> No.9225826

>>9225650
Not in Europe. In various countries it's volunteer titled work only, so basically you get paid nothing as being a fire fighter.

Basically they say 'you do this out of goodwill for the community so it's not a paid job.