is daytrading the secret key to escaping neetdom?
Is daytrading the secret key to escaping neetdom?
yes, unless you're one of the idiot 90% who somehow manage to lose money
kek go back to plebbit faggot
stay trading shitcoins poorfag
if you aren't day trading shitcoins you're ngmi
I just think it's fun lol, I've only made a few hundred dollars through swinging shit coins in the past few weeks but the experience was so satisfying
90% of people fucking up isn't that impressive if you are used to all the other stupid shit that 90% of people do, and can see how you are different than them
Same boat. Great advice fren. While learning all of this shit overall, I realized that I am acquiring a set of skills that 90 percent of the population will never even consider learning, let alone be good at. It’s a steep learning curve, and I’ve come a long way in a short amount of time. That alone is worth it.
I've made 60% day trading in the last two months without any kind of particularly deep analysis. $4500 -> $7500 That's while learning some painful lessons about trading fees depending on which site you're on and also being an impatient dipshit in general.
I'm sure there are people who will boast higher amounts, but I prefer a reliable method because realistically? If you can capture 3% per day, that's more than you can make on hardly any real markets. Sometimes you lose, sometimes you win more. But look at it like this:
3% per day with $10,000 is $300 before taxes. That'd be almost $40 an hour with a regular 9 to 5 with virtually no effort on your part each day.
humble yourselves before the bear does it for you
based
it's HODLers who are in real danger of a bear market, if you're a decent day trader you'll just stay out of the way lol
> Bilateral Patterns
> It might go up or it might go down!
It's fun til you lose
you have be good first
Isn't there an trading algorithm bot to automatize that?
Care to share any tips or advice? Pls help a newfriend.
Any tips to get started or where to go to start learning how to do this? I am literally brand new and would like to learn. Thanks anons. Pls respond.
it's complete bullshit so why would you automate that. trend analysis is horoscope tier garbage
this plus that makes me a lot of gains
It probably is on a macro level but it's hard to deny that there are semi-predictable ups and downs in the course of a day
bots can't do that
bots can only do high speed trading with high volume
>Technical Analysis of the Financial Markets A Comprehensive Guide to Trading Methods and Applications. John J. Murphy
>it’s fun I’ve made money
>made money
>over the past two weeks
>two of the most bullish weeks in memory
Get a load of crypto Warren Buffet over here
Yes, it's called harmonic trading
It works well until it doesn't. Having a bot sling all your capital around is a good way to wake up to a kill-yourself-day.
Kek this, who hasn't made a killing in the past 2 months? If you are reading this and somehow are down then honestly this game is not for you.
>It works well until it doesn't
KEK
no it doesn't. only retards think those candle patterns give you an edge
Technical analysis is fucking bullshit. How anyone could believe that nonsense is beyond me.
simply saying something is bullshit does not make it bullshit
if you had any maths/finance background you would know TA is proven to be bullshit.
Bounced off most of these today, lines on chart before the open.
masters in data science, neet
Buy low. Sell high.
If you feel like the market is losing momentum going up, sell and take your benefit.
If you feel like something is dropping, cut your losses.
If something seems unusually low, buy it.
If you see something mooning and you fear your'e missing out, DO NOT FUCKING BUY.
3-8% is great. Don't hold out hoping for the moon.
Do NOT use coinbase normal. Use coinbase pro. Normal has a 1.5% fee on every transaction. Pro has a 0.5% fee which also goes down the more volume you do. This allows for wider profit margins.
good, so you understand what a backtest is and why ta is bullshit.
it's fun until you lose.
protect your capital
limit trades to 5% of your total bag
i dont trade anything in the first or last 30 min of the market session
have a plan for your entry and exit points. "it's gonna go up and then imma sell it" is not a strategy.
daytrading is interactive risk management. you have to learn your own impulses.
well, look at this and tell me that this is bs