Is day trading the most distressed job

Is day trading the most distressed job

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it's only distressed if you don't know what you are doing.

no,its just numbers so u dont feel that much,if it were actual physical cash however...

What do you mean? You literally just set your stop loss at 5% each time

On average if your trade ration is for every 3 losing trades you take, you get 1 winning trade - then you're set to go so long as you stick to your strategy: which is you lose small and win big.

5% + 5% + 5% = %15 loss
one winning trade must yield you over at least 15% profit, or it's not a winning trade.
The thing is, if you're smart, you won't settle for 16% win. You'll ride out the wave until you incur a 25-40% gain. If you're smart, you'll get better over time.
Starting to get the picture?

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Yes

Nobody does

So how rich are you?

>Nobody does
>So how rich are you?

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No, its sales.

I haven't started yet desu, I'm still learning strategies and techniques

I've never used a stop loss. I recently lost 17k, so it makes me think I should have. I did recover 4k recently. But a big hole to get out of.

Kek

ok, well if you disagree - feel free to tell me where I'm incorrect. I don't see anything wrong with what I've said

No the worst job you can have is Facebook video quality assurance.
You get paid to peek into hell. It’s not worth

Not him but your strats is not good enough and you have zero understanding of the real market. The market does not give a shit on how big/small your risk/profit ratio are, so dont ever trade like that..
>what should i do then
Read the chart.. Identify support/resistance/breakout/flip levels, you enter when the market reacts in your favor at your entry level, and exit if you are wrong about your entry levels. This is the fundamental of the markets and it has work since the the spawn of the supply/demand idea. However, identifying the levels is another story. Good luck.

It's easy to keep winning even with high leverage. What makes you lose is impatience and greed. If you get busy in other things after making the daily targeted profit , you won't lose

not even close

Fucking kek, the moment you start with real money you will realize how fucking stressful day trading is (started 2 months ago).

I combine my trading strategy that I described above with what you said just now. I don't just blindly trade, I analyze the charts with TA and market sentiment.

I'm starting out with $500, something that I don't even need right now. It's all psychological. I don't need that money at all right now - so there's no emotion that I attach to it.
>started 2 months ago
and where are you now then? Do you even TA?

Only if you're doing it with your own money. If you were good at it, you'd be getting paid to do it.

I daytrade with no stop loss, and literally just dont sell.
I've held shit for weeks that went down and all it really did was lower my profits from other winning trades.
I kinda get why people sell at a loss to free up money for new trades, but I feel like if I did that I'd lose money, by doing this I just make less money but I've never lost any.

Nobody is good at it. There is no bigger meme career field than finance.

nice bait

15 percent by day trading? you're dreaming bro, aim for 1 percent by trade at most

I know what I'm doing and I'm still pretty sure I'm going to die young from stress if I don't stop this. I don't think human beings were meant to perpetually exist in a state of "conscious uncertainty" or confront the things you have to confront on a daily basis or maintain the level of alertness and focus that you need to as an intraday trader. You have to become something very mentally and physically unnatural to day trade successfully and maintaining that "state" is really draining.

I love what I do, but in the quiet moments of the day and night I get an ominous feeling that I would have been better off as an engineer or a physician, Hell even a manager of like a Target or Walmart. Hell, starting a business and scooping fucking ice cream. I'm giving strong consideration to just building a long term portfolio, going into semi-retirement, and managing my money in a less stressful way. It's like, sure you can drink a bottle of Whiskey every day, but you know damn well that's not good for you.

day trading is easy just trade stocks that only go up like indexes and if you dont make money hold until it does

>day trading is easy j
i was told huge majority of day traders lose in the long run

Was it a jew or a Boomer who told you that?

only if you're bad at it

Started just with 20$ as training me, lost 20% in a day, now if i want those money back i need to make 30% of gain because i have less capital.
Now i made 14% of gain and i just recovered ⅓ of that huge loss, believe me even if you're not emotionally invested this thing tests your personality, your ego (in a nutshell, who you really are).

did a professional day trader who has worked for more than 5 years told you this? or someone who gave up trying?
im curious

I can tell from your description that you're probably a full time trader who makes more money than he thinks he does and still doesn't think of himself as a successful trader even though he is. Get more sleep, take days off and don't be too hard on yourself.
I know that feeling all too well but as soon as I think back to my old office job all those doubts vanish. When you get more sleep and don't trade oversized positions most of the anxiety and that draining feeling goes away.
You don't burn out on success, you burn out on failure. When things go well I'm sure you don't think about that "unnatural state" but you're likely pretty content with what you're doing.
Have a good one mate and cut yourself some slack.

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