I'm bored just being a successful trader. There's nothing to live for and life is too easy just coasting. It seems like I can make all the money I want with a snap of my fingers. I need competition to bring me to my full potential, and that's where you guys can come in.
I know that I'm the best trader here and I'm willing to prove it. If anyone wants to compete against me, for any duration of time, I'd be happy to keep track of a friendly game (with any number of us simultaneously) where we all start at the same date with an equal amount of starting capital, and after a span of say, one month, the winner is the one with the highest percent return on the starting capital.
It'd be as easy as screenshotting your positions as you enter them and posting them to a dedicated thread every monday/wednesday/friday night.
Any form of trading is allowed, as long as it's manual trading (no algos). Crypto, stocks, options, forex, even stuff like steam marketplace items would be allowed.
I propose we start August 31st with $10k starting capital (to include hopefully as many people as possible) and post our positions to the dedicated threads as the orders are filled.
By September 30, we'd know who among us are the best traders.
I'll post another thread about this on Wednesday, the 26th, and Friday, the 28th.
Literally just posting your positions as a screenshot. Competition can make you better.
Jackson James
>want to play a game >dedicated threads >no tripcode
Caleb Phillips
I think that's a fair amount as any amount of downside on the front-end could still be usable with decent risk management.
Also, with something like 1k, I'd expect some user with 2 decent options yolos to get an 'undeserved' win. Probably most people won't treat 10k like it can be thrown in the bin.
Luke Myers
I'll do that for the actual threads. ty
Wyatt Diaz
I'd like to play maybe in the next edition. I'm off because of covid, and I have free time. Where did you learn, op? I'm ready to spend 8+ hours per day studying.
Lincoln Mitchell
Should start now in this thread before it dies so you have something everyone participating follows your threads and what you post.
Adrian Edwards
I would love to watch this unfold, but I'm too risk averse to play a game myself.
Jacob Hughes
Please teach me I know there's people actually making consistent profits just by discretionary trading and I know its hard as fuck and most fail but it drives me nuts to not understand how people do it after 1 year of study,practice, and research
Caleb Myers
I would join a similar competition but to find the worst trader
Ryder Hughes
Im in, but instead of 10 k can we make it 100?
Kayden Martinez
take me under your wing, when i make it i'll believe you
unironically could turn this into a neet version of fantasy football and make a good profit running something like that
Jack Gomez
bump
no homo
Alexander Martin
I'm down for this lol.
Mason Torres
Can any of you even pose a threat to me? Is there anyone else that thinks they're even half decent at trading?
Surely there must be at least one other trader here with blood that runs hot, thinking they're the best.
Where are the other richfags? Sunken into the sofa, glued to the TV? I'm trying to offer you a chance to get in touch with reality and better yourself. Show the small fries how it's done. Prove to yourself that you've still got it.
Challenge me, motherfuckers. Stand your ground and post your positions. You think you're good? By the end of September, you'll be the defending champion or the board's laughing stock.
I ate s*** day in and day out, started with steam marketplace, got a good understanding of basic market strategy and most importantly market manipulation. Then move to crypto where it was basically the same thing but at scale. Finally, moved to options trading where I've been spending the most time lately.
I think options are the way to go if you want to become a good hands on trader. I recommend TD Ameritrade's education section and their thinkOrSwim platform. You can do something called paper training where you have fake money on an account and can trade real time alongside the market.
It genuinely comes down to time studying the market and understanding what other traders want. It's pure psychology, everyone in the market is acting in their best interest and it's your job to see it through bouts of fear and greed.
You guys really want to make it? Do you dream of being able to never work for anybody else again? Dedicate your life to it. I know it sounds like stupid bullshit but once you understand enough about economics and finance you'll practically be able to see the future in some situations. Most of you won't do this, actually probably none of you will, but the answer to financial independence is simple: You have to consume as much data as possible about money and investing. By the time you're ready to start you should know more about money/investing/finance than anyone you know and anyone you've ever heard of (other than the superstars like big hedge fund Managers/Warren Buffett). I spend sometimes 12 hours a day just reading about current events and watching the market.
You basically live as a filter feeder absorbing little opportunities when they come. I don't think it's a glamorous life but it's better than eating a shit right out of your boss's asshole for 40 years.
Jaxon Richardson
Lotta typos punching this shit on my phone between crappy voice to text. Paper trading with ToS anyway.
Henry Richardson
bump for interest
William Jackson
I don't understand what's going on, are you guys on life support or something? It seems like this place doesn't even have a pulse. Where the fuck are the people who want to be decent traders? Where's the hot blooded rivalry that you see in movies about Wall Street? Have you been none of you guys had a trading week that makes you think "I'm the man, I'm a killer, I'm unbeatable, untouchable, none of these idiots around me are even near my level"!
It's like a drug, and after being exposed to it for a while, you become numb to it. I want to feel it again. I want to share it with you. I'm trying to offer this feeling to you on a silver platter.
Win or lose, you will feel competition, the threat of humiliation, the shame of bad decision making, and you'll feel more alive. Failures make you better!
Grayson Reyes
>Implying 95% of people on this board aren't complete failures
Henry Ross
most of this board don't have the 10k starting capital. i do, it's just in Link and I'm never selling
Ryan Wilson
What do you use? Indicators? Candlesticks? Tell me, o wise one.