/biz/ - Business & Finance

You can still make money not beating the market
that retarded image is comparing losing money to not making 8% per year

It's Joever

>>56384399
Vegas Matt smarter than average day trader confirmed.

>>56384399
I am that one guy.

>>56384429
Making 8%...
You can ALMOST make that much now, by just buying a treasury bond, without risk.
3% difference today... 2% next month...1% by Christmas / WWIII... Jan, you'll probably be pulling 8 to 10% off of a "war bond" at the rate the US dollar is collapsing.

>>56384399
that's not apples to apples, leaving the casino as a winner is not the same as winning reliably.

>>56384685
the treasury only gives 5% what are you talking about

There is no such thing as a "day trader", there are guys who get momentarily lucky for a certain bull run period and assume it's their analysis and not the larger context

>>56384399
based, im a 13 out of 100

>>56384592
this

what if i lie about being that 1 guy on the internet? day trading is moronic and the only people who haven't realized that are 13.

reminder that the ONLY TWO WAYS to earn money trading is
-to have insider information, ie being a public servants or a high profile businessman
-to refuse to bet on the direction of the market, by being an intermediary for the morons who think they can predict the direction, ie being a market maker or fund manager

>>56384909
a day trader is someone who buys and sells securities over the course of a day retard

It amazes me how many people don't know this, too many retards out there following guys on social media claiming they made unfathomable amounts of money off day trading. This isn't a debated topic nearly every piece of academic research conducted shows that a passive buy and hold strategy beats an actively traded one. EMH came out in the 1960s and yet we still have people who think you can freely just beat the market. You have guys who dedicated their lives to identifying arbitrage opportunities down to the nano second, yet some neet supposedly has a strategy that can generate you 200% returns a month for the rest of your life. Your best bet is to hold the market while lowering your transaction costs, part of the reason index etfs are the best possible investment.

>>56384909
https://www.finra.org/investors/investing/investment-products/stocks/day-trading

>>56384399
Looks like we, VINU investors, are the ones who beat bobo every single day, best thing is it's feeless as well kek

>>56386517
>too many retards out there following guys on social media claiming they made unfathomable amounts of money off day trading.
this is all paid promotion. that is an established fact. they are frauds. period.
if you did not know how this works already, these will be the best two hours of your life:
https://www.youtube.com/watch?v=L7G0OfJUON8

>>56384399
just buy 1uck (0xGamble) dude
you get the best of both worlds
the token has gambling on every transaction built into the contract

>>56384399
it's comparing RELIABLY beating the market to leaving the casino in profit ONCE

how many people RELIABLY win at the casino?

>>56386532
shameless bottom of the barrel shitcoin shilling should be a bannable offense

I'm part of that 1 out of 100
Yes that makes me better than you.

>>56386592
All discussion of crypto should be a bannable offense.

>>56384399
thats a red day. on green days we wear green.

>>56384399
Most people are retarded and it doesn't take a genius to pull a slot machine and win. Doesn't take a genius to stay away from leverage either. Pretty easy to make money if you don't use leverage in crypto.

>>56384399
>13%
what did they mean by this

Okau faggots im a degerate gambler and here is my take
>29 years of gamble, since im a sperg I have been taking notes on how much I have won and lost throughout the years
>aroubd 79k gambled, Im around 35k in loses despite not being a retard and playing with strategy
>crypto, stocks, and other financial casinos have made me 16k in profits in around 6 years
Gamblers never ever go on green numbers, and I have made those 16k just following "advice" from here kek, basically gambling but you have way more control over the outcome.

Hey daytrading faggots, what does the bottom tweet mean? He also keep talking about 'setups' like he's speedrunning Mario, is that just cope?

Day trading is retarded. Just run the SP 500 at 1.5x to 2x leverage over a 20 year period. Use Deep ITM LEAPS or long synthetic futures for the leverage. Use SPY for options liquidity. That's at least 15% CAGR assuming relatively normal market conditions over the 20 year period. It's really that easy. Or just max out your roth 401k and roth IRA with QQQ if you're dumb.

>>56386536
So this is all crypto is? Can anyone reliably claim they've actually made ANY significant money in crpyto? Ever? Or is all "wunderkinds" like Bitboy and MartiniGuy that just claim to be multi millionaires, and you just believe them?

>>56384399
It's stupidly easy to make money sports betting

I don't know why people invest in stocks where 10% is considered a "good year"

I can make 10% after 5 arbitrage bets in sports

>>56384429
>>56384448
>>56384536
>>56384592
>>56384685
>>56384685

I made $700 today day trading Donut after the violent dip. Sold it back and realized my profit.

The caveat is that you need at least $1k-$2k per day trade bet to make anything palatable.

>>56390062
is eternal envy really making that much money in trading?
I thought he was gonna fail and dota was his only chance to make it in life

>>56384399
>T. WALLSTREETJEWRNAL

I wonder why this infograph was made

>>56390062
wtf how?

>>56384399
I honestly don't think they consider QFL and learning to read the charts. It works almost 100 percent of the time. Tell anyone that and they point to infographics like this. Full of shit.

I don't mind telling everyone this method because the volume in crypto is currently too low so have at it. We'll buy each other's bags as brothers.

Pick a token that regularly drops 10% or more.
After each drop it bounces back at a strong rebound from a local base.
After the next drop, did the price go back to that base?
What about the other drops? Do they all recover to the strong rebound base before the drop?

Look at the most recent rebound base. Set an alert at that base. When the alert goes off, set a buy order 10 percent below that base.


Do the same thing for channels. If a token is moving within a channel, set an alert for when it breaks the channel support and place an order 10 percent below.

Are there fat fingers, ie scam wicks? If there are multiple regular scam dumps to a certain price, set a limit buy order down there.

Trade small enough that you don't mind losing the money in case you catch a falling knife. Besides you can put in another order if it drops more and you're impatient and want to save the deal. You actually want it to drop more so you can make money faster. When it eventually comes back in a month the original order you "saved" with that safety order then also makes you money.

But even the falling knives recover after a month with this method.

It's called QFL. You don't ever lose money, you always want to come out at least 1% ahead, set trailing buys for 2% profit with 0,2 trails.

Ease your way into trades, nibble at them more and more as they drop. Don't sell all the way when they come back up, you're buying yourself free coins that will explode when the market enters a bull run.

>>56389437
R is just your multiple of risk
If youre Risking $100 per trade,1R for you is $100 and gaining 12R would mean $1200 gain.
Most people target 2R (2:1) per trade as a starting point.
If youre risking $300 per trade then 1R for you is $300 and making 12R would be $3600

>>56389437
And set ups are just things like buy set ups, parabolic shorts, flags, vcp's (voltaility contraction patterns) inside bars, and that type of shit.
Good traders master a handful, midwits try to do them all.

>>56390062
in sports betting, you are either right and win the odds, or you wrong and lose 100%. At least in trading you can get out at any percentage of loss.
And that's the only difficulty: accepting defeat and cutting the loses at -5%.
Once people are good at losing, the gains are astronomical and nothing competes with trading.

If sports betting is easy it's only because the bet maker cuts the bet for you.

>>56384429
nice ID

Unban me? Yes. Thumbs up.

>>56384399
that 1 is me

>>56390999
It's not quite the same but a lot of sportsbooks let you cash out bets early if you're ahead.
>bet on underdog to win
>underdog is up at halftime
>if you cash out at halftime you'll win some money, not as much as if you waited for the game to end but you're also not risking a loss if the favorite comes back to win
>bet a 5 leg parlay
>can cash out after hitting the first 4 legs
>not as much money as if you hit all 5 legs but again you're avoiding the risk of losing that final leg and thus losing the whole bet

>>56384399
Holy shit I'm a 1/100 winner?
I thought 30% won.
Thanks for the post OP, this makes me feel fucking amazing