/biz/ - Business & Finance

Consistently*

>>57129748
>consistently profitable
no, top traders both in crypto and stocks make many trades, but make most of their profit from their occassional big wins

so you're just buying tickets over and over, having small losses and wins here and there, and then hit it big when it didn't want to stop running/dumping

key is that pros cut losses quick, but let winners run

>>57129773
Yeah I've heard this advice many times. Have you personally had success trading this way? My experience with this has been that "big wins" don't outweigh the small loses. When I say consistently profitable what I mean is able to say that over say 1 year they substantially positive in equity rather than just making successive profits and then losing it all.

>>57129773
Also with something like this you'd need a very specific system for how many points count as a loss and how many count as a TP etc

>>57129748
What changed the game for me was 2 simple lessons i took 4 years to undertand.
>You dont need setups to trade
>stops happen but they shoudnt
I use classic TA. Trading is like a sport, each people has your own style.

>>57129862
>stobs habben but shouldn't
What dis mean

>>57129748
yes, it takes more time than that
build a system
after 2 years full time maybe youll begin to see it

>>57129862
>You dont need setups to trade

So you're saying you can just be really discretionary with entries rather than waiting for something to fit into a more rigid system?

>stops happen but they shoudnt
So you're just saying you need to have a high win rate? By stop you mean SL right. What types of stop losses are you generally placing that won't get hit? Any recommendations for learning more TA?

>>57129882
Your analysis was dogshit if your stop loss needs to save you.

>>57130110
Lol are you retarded? Even some of the best traders only have a 60% win rate.

>>57130147
Suck my toes kid. Now go lose some more money to me. Faggot...

>>57130175
>here's my winning lottery ticket
>see this proves I can consistently predict winning lottery numbers
Nice

>>57130184
>>57130147
You fags will eventually understand that a stop loss is the worst outcome and the market telling you you're a fucking idiot. Good luck in this game and thank God for people like you who I can trade against.>>57130175

>>57130184
>>57130175
Yeah what he said. Your post means nothing. Actually with your bragging attitude I'm certain over all you aren't profitable. If you really wanted to "flex" on me you'd post your P/L from the entire last year but you won't because its negative and you're a faggot

>>57130209
5 Years successful trading vs the wagie who's barely break even. Hahahahahahhahahah

>>57130195
A stop loss isn't the "worst" outcome. Is an outcome from your controlled risk strategy. The "worst" outcome is losing your entire account by NOT having a stop loss. I see you have a really big hang up with being wrong anon. You'll really need to get over that if you ever want to make actual money instead of your little retard lottery ticket screen cap.

>>57129748
I trade full time for a living, but not in equities or crypto.
My core strategy is short options; positive theta and negative delta. Given that I have portfolio margin and trade almost entirely naked positions I use the VIX to determine how much buying power to deploy. Right now premium has collapsed due to this rally so I am very light in positions.

>>57130224
Post your 5 year p/l then?

>>57130227
How long did it take before you were able to just live off trading?

>>57130225
it is, its just the safety net you NEED in place to be able to grind on. Why do noob traders never realize that a stop loss is getting HIT is a bad thing.. ITS THE MARKET TELLING YOU YOU FUCKED UP IDIOT! Stop justifing your fuckups with exuses and learn to trade mongrel.

>>57130295
You have to just be trolling. There's no way you're able to predict price action well enough that your stop loss never gets hit. Also you still didn't post your p/l. At least just post it for the last 6 months. 3 months even? You're a clown.

>>57130255
I wasn't even profitable for my first 8 years. I started managing my own money right after getting my first job and basically did nothing but continually lose it all until I figured out what worked for me (short premium) and began to optimize. I dropped my career after 5 years of profitability, set up an LLC and have been working for myself ever since.
One nice aspect of dealing entirely with short options is that it's all probability based, so as long as I trade enough to let the numbers play out I know very close to what I'll make in realized profits.

>>57130329
i never said it doesn't get hit, but then my analysis was just shit and my risk managment safed me, i WANT to look for trades that go as fast as possible in the direction i'm opening at i.e. long trade go up shorts go down. Why won't this go into you head, is beyond me. Srsly.

>>57130295
>stops never get hit
>shows 100x long on an alt to prove it
>alts regularly take 1% shits randomly which would liquidate his position

>>57130329
there my 2020 tax report. Now go cry.

>>57130350
>i.e. long trade go up shorts go down
Yeah I get it dude I'm not retarded

If you really had a long experience trading then you'd know its a numbers game and there are many losing trades. Look at the comment above you by an actual trader and also the one earlier. If you really are some freaking genius that has even 75% win rate and assuming you don't lose all the gains on that last 25% then post some proof and I will suck your dick or else shut the fuck up and go larp somewhere else.

>>57130362
Again this proves nothing. Show me your equity curve in your trading account or stfu

>>57130372
keep trading kid, love your money in my account ;) ohnononon seethe harder

>>57130381
Equity curve dipshit. As in a chart of your equity. Even if you did make money it was probably just from the last crypto bull run and you already lost it all.

>>57130394
yeah nah i won't screenshot 3 trading accounts and dex trading account, which don't have that shit anyway.

Anyway good luck kid and maybe one day you will realize what i wanted to teach you today.

>>57130406
Lol which was what? Just be psychic so you can perfectly predict price action and never be wrong? You didn't even say what your strategy was

>>57130406
So the lesson is to 100x long alts until you get lucky

>>57130406
sure i lost it in 2022 tell yourself that to feel better kid.

>>57130110
It’s essential to be a good trader. Are you implying you don’t use stops?

>>57130410
simple, EMA/RSI resistances and fibonacci retracements. Pair that trend definition and candlesticks and you win.

>>57130422
My man he showed a 100x long, his stop is liquidation

>>57130424
>fibonacci retracements
Ok now I know you're full of shit

>>57130424
What timeframes 4h?

>>57130431
Yeah. This thread was about how to consistently make money. Not how to get lucky gambling

>>57130424
That's like the most basic noob strategy you would see on tiktok

>>57130422
read aboves. i DO use them, yes they are essential as A SAFETY NET. If you think you did a good analysis when it gets hit yo uare WRONG tho. You need to go back to the setup and look at it, if it fit all your entry points and criteria. If yes, okay bad luck market wasn't your way today. But 99% of the time if a SL gets triggered. someone did fuckup their trading style or didnt follow their list of criteria. I learned that the hard way and so will eventually anyone else.

>>57130431
>>what is a scaleout of collateral + leverage increase the post
you guys really have no clue in this game have you?

please go and watch Crowns TA series i beg you you fucking idiot. And also his risk managment one.>>57130435

>>57130473
I hope to God you don't mean this guy right?

>>57130454
So you're saying that the only time you're wrong when your SL gets hit is that 1% chance that you got unlucky. Wow dude do you have a time machine or something?

>>57130485
yep he made more money then you ever wil trading the 2018 bear live on stream idiot.
watch his TA and risk managment series, you are at absolute beginner level of understanding what you do wrong. Nigger i try to save you from losing your bankroll. I'm also tired of this shit, its your money you lose to me not mine. Do whatever.

>>57129748
yes but I do it professionally, trading options. With my own account I'm just a buy and hold kind of guy.
Anyone on 4chan who claims to make money trading is full of shit lol.

>>57130502
did you EVER think about me manually closing a trade that doesn't look good to "cut losses early"? Instead of letting it run into my absolute "worst case" safety net?

Wild thought huh? Imagine knowing when something is not going your way cunt. Would be money saving right?

>>57130227
Kek you're just picking pennies in front of the steamroller. You're going to blow up sooner or later.

>>57130511
Yeah the guy above you is a total retard I can't keep talking to him. I've never posted about trading here before and I think this is the last time

>>57130522
So.... then thats your stop loss. Its just mental instead of an order

>>57130522
Its where you STOPPED the trade in order to avoid a bigger LOSS

>>57129748
If you have the money and time, use tradersumo’s strategy. A lot of free educational vids and pics on his youtube and twitter including a basic free course with a crucial lesson:

https://youtu.be/J-36od_ab0A?si=qQAkx_3qa1n7hx50

He has a private mentoring course and an indicator which you can see demonstrated here:

https://youtu.be/EYEV6xAyD8k?si=YAo0RSdfU1u9Qfqr

I’ve made 2000$ trading his technique and I would get his mentoring course if I was somewhat well off.

>>57130147
60% win rate is good enough to be top trader. That is the number that top e-sport gamers also reach. You just need a fuckton of entries.

>>57130557
>>57130548
aight last post.

Lets say i risk 1% of folio every trade, which is quite agressive. Thats my SL "the worst" thing i want to lose is 1% maximum on that trade. I see it don't go my way, my expierience tells me my setup got fucked. i close it earlier for only 0.3% loss. i saved myself 0.7% folio size and need way less small winners to bounce that back and if i catch the big boys its easy to let em run.

>>57129748
Right now, I'm anticipating KimberLite launching of its staking options soon. Can't wait to Stake KIMBER for passive income, enhanced security, and contribute to token growth.

>>57130621
Yeah but then your stop loss is actually at .3% and the 1% is irrelevant as far as creating a system goes.

>>57130362
>>57130381
>>57130412
me when i learn about inspect element

>>57130621
You might end up just consistently taking losses in the .3% range and then thats the risk you have to factor in. So this entire conversation was pointless and you proved nothing. Just because the trade didn't go so poorly that it triggered your massive fucking 1% of portfolio size stop loss (and ill admit that if that happened you're a retard) doesn't mean that stop losses in general should never be hit. You can factor in small planned loss sizes to an overall system where you're still profitable.

>>57130346
>set up an LLC
how much of an administrative nightmare is this?

>>57130346
Resources to learn that you can recommend?

>>57130654
quite funny how the barely break even kid tries to tell me how it should work in his little fairy fun pony world. You can't be helped, you won't take advice, you don't even TRY to understand the things i tried to teach you. Really man good luck with your trading career but i don't have high hopes for ya.

>>57130687
I literally just proved you wrong though. I'm guessing that by barely breaking even I'm doing better than you anyway asshole.

-look the most important point in trading is killing loses and killing greed, ie taking partial profits, putting stops at break even, using a runner with trialing stop, and doing small positions
-taking trading seriously (ie not trading for 5 mins at work)
-trading the right instruments, ie assets which have a nice amplitude every day, which correspond to a few hundreds bucks in absolute value
This means basically trading futures on stock index or trading forex, but forex for retailers is just CFDs
trading options is okay as long as you sell premium, beyond that it's really not worth it

>>57130687
>you don't even TRY to understand the things i tried to teach you
I understand everything you said and it's dumb. Maybe you should go read a book instead of your dumb tiktok meme gurus

>>57130706
Right now I'm only trading the euro dollar

>>57130706
The main thing thats bothering me is that no matter how could my risk management is there really isn't any way to make money without being able to predict price direction and having a bias in that direction. And I feel like the market is so random that it is extreamly hard if not impossible to predict short term price direction. Most technical analysis prediction strategies are bullshit and don't work consistently

>>57130736
https://youtu.be/Y_qs50Ju6GQ?si=4HnofiULXytNPNrK

>>57130454
>you shouldnt need stop loss to save you
>they are essential as A SAFETY NET
its a good thing trading is more art than science

>>57129891
You nailed it. Setups only works if you have a bot doing 100% of entries so you dont affect winrate, and they need constant adaptation to continue working, thats a style of trading.
I use classic TA but mainly to avoid shit trades. Its all about waiting for the perfect trade. Its better to lose a trade then to lose money. So i have very few trades, my stops are minimum because if the market doesnt do exactly what i predict i close the position, doesnt matter if it goes right after, if it was a shit trade i shoudnt have done it. But who have the patience to sit your ass for 3 days waiting for a 15 min trade? Most people just cant stay quiet waiting. December i took only 6 positions, made 8% over total capital

So here's how to determine if an asset is worth trading:
-determine the typical amplitudes on the 1min chart, both during ETH and RTH
-take half of this amplitude, and convert it in USD assuming trading 1 lot
that's the target for daily trading
-determine also the amplitude of the fake breakout, that's how much money it's possible to lose when the stop is triggered
For instance on Gold it's stop hunts after stop hunts and it's riddled with fake starts.
-determine how many lots are needed to earn $100 per day assuming you capture only 50% of the typical trend. If you need only like 2 or 3 lots, it's a good asset to trade.

then you just need an entry signal, and an exit signal ideally filtering the fake breakout. Also choose a higher TF than 1min, because the 1min is really hard.
EMAs and Stochastic are completely fine for this. So for instance with the stochastic the divergences work well and they filter a bit the false breakout.

>>57129891
The most basic is Charlie Dow teory and knowing markets will always move in waves and it will always make you doubt the obvious making traps

>>57130736
>being able to predict
traders don't predict anything. The goal is anticipating a possible outcome with a good R/R. Framing it as a prediction isn't the right way to look at it. It's more like "if x and y, then I'll bet z with this setup".
>hard if not impossible to predict short term price direction
definitely true, the lower timeframe the more noise. Setups do happen though wherever the human element presents itself. Lower timeframe in general are going to be harder to trade due to the noise, higher implied leverage and fees.
Also if you want you can try "predicting" the derivative of price direction using options, which is even more difficult lol.

>>57131068
>the lower timeframe the more noise
theres more noise of a certain type. higher timeframe has its own higher timeframe noise because well, theres more time for market breaking shit to happen

>>57131087
It's not near as frequent though, and sometimes you get warning signs (like 05/19/21 and 12/04/21). Although I will give it to you that when it happens, it's fucking catastrophic. We've had more flushouts on low timeframe than I can count over the past month, but the last major big timeframe flushout was the SEC FUD back in July. That's 5 months of smooth sailing for daily/weekly swingies.

>>57131125
*June

>>57131125
all [meaningful] risk is tail risk unfortunately

>>57130523
A common catchphrase, although I don't think that it applies to someone who is always net short the market like am (even when I'm bullish) to blow up my account would require almost a 30% gain in the /es in one 30-60d monthly option expiration while I'm not paying attention to my Greeks.

>>57130680
The best resource if you literally know nothing is probably Tastytrade. I disagree with some of their methods, but their core strategy mirrors mine. In fact, I've never met a successful long-term net option seller which does not follow the core concept of +theta, -delta and selling into vol expansion. I think every other strategy is a net loss as this is the only way to take advantage of the fact that historically vol is too expensive.

>>57129795
i made some trading rules for myself that if the price is below range, i must buy in, and i always sell when i'm above 2% profit, i did like 15 wins in a row, and made money straight for two weeks, i lost big when fomoing and breaking my rules. You just, need to identify when we are in range and trade that range, i don't know any strategies for big market shifts.

>>57129748
Day trading and swing trading is a meme. You're better off just averaging here near the bottom and sell at the top of the cycle. Save you a lot of headache too.

seems like there are some knowledgeable and helpful people itt. Besides the resources already listed here, I'd love some more learning materials for the absolute beginner, as in just learned what stop loss means beginner.

>>57131372
1) the goal is +EV
2) EV = (% chance win * win size) - (% chance loss * loss size)
3) to maximize EV you either increase your win probability or your reward to risk, or both
4) minimize risk of ruin by sizing small - there is a threshold of betting size where risk of ruin becomes guaranteed. Avoid getting anywhere near that.
5) ...? Profit.

since we never really know what our % chance of winning is, and the prospect of reward is uncertain, the only thing we can control is our risk. Thus the R/R. Keep track of all your trades over time in an excel/google sheet. Get a sense of what works, what doesn't, and adapt over time. Also lets you track your winrate to figure out what kind of R/R you need to remain +EV.

>>57131186
So you take a big loss on any large uptick, right? How are you sure your theta gains on average are larger than the loss on a large move?
Seems you know what you're doing, so why stick to always selling premium. When the vols are low like they are now it seems a dangerous game to me to insist on being short premium. Dunno what realized in es is these days though.

>>57130666
Checked satan. Not that bad at all actually. And usually llc taxes pass through to your individual income taxes. So it's pretty easy to file them

>>57130725
You're trading the /ge futures? Based on what you've said in this thread, you are far out of your lane. Do you have an extensive background in fixed income derivatives trading? Do you know any of the brokers from the merc? Or do you actually mean the usd/eur forex pair?

>>57131465
ev is dynamic though
whats the method for bringing your realised value and your ev closer?

>>57131784
Theta isn't really what you want to focus on, when you are short naked options your Vega exposure is significantly higher than your Theta and Delta combined. Too many new traders focus on Theta when Theta is really just a function of risk exposure. Maximum Theta would be to sell short DTE, which I actively avoid. What you really want to care about is your Vega exposure.

You mitigate damage from up moves naturally by being short vol; Volatility always contracts when the underlying goes up (with the exception of a couple of commodities and bonds).
Down moves are the opposite. Volatility always expands on down moves, which is bad for current positions - but allows me to scale up, making the inevitable future vol contraction work in my favor. Think of it as averaging down with a traditional trading instrument like a stock. If an underlying goes below your cost basis, buying more to lower your cost basis means you no longer need the underlying to go up as much to become profitable. Selling into vol expansion is the same concept, except you also have the benefit of how volatility has behaved ever since black monday -- namely, implied volatility is almost always higher than realized volatility. You don't get that same guarantee buying stock in a company.
In addition, my permanent negative delta mitigates the damage caused by volatility expansion. It is a balancing act between the two.

Regarding your question of "why stick to always selling premium", my answer is pretty simple: it works for me psychologically. People are their own worst enemy, myself included. The fact that time is always on your side selling options is enough to give me the mental fortitude to stick through days where I'm blood red, whereas when I tried to trade stocks (and crypto) I would always fail due to panic selling. I know that I shouldn't do that, but I do -- whereas when I use this strategy I let the numbers play out without letting emotions factor in.

>>57132190

I see so you just play the monthlies and don't really care so much for gamma/theta. Do you directly observe the implied vol to consider whether options are cheap/expensive or do you always use the underlying level as a proxy? That's the main danger for you I guess is if you sell while the implied vols are actually on the low end even with the underlying being down.
I like the idea of being short delta to limit the downside risk. I'm used to trading delta flat and playing purely the vol. I trade fixed income so for me the skew is not necessarily to the downside.

>>57132423
Which products do you trade? How is skew not biased to the downside? When I traded vol in US treasuries the 30 delta puts were cheap because the fed was buying everything in the world. Calls got super cheap on the short end and belly once qe3 settled in. The euro dollar options were a fucking mess once fed funds pinned 0%. Lots of locals tapped out over the years because there wasn't any edge left

>>57131465
what do you believe are clear positive EV plays right now?

>>57130764
a kid who needs to be right so he speaks hypocritically

>>57130485
Eric is honestly one of the better ones on YouTube. I feel ashamed to write it, as I mostly hate these people.

>>57131372
I think the first step in deciding to trade is considering what the "tradeable universe" looks like for you. Equities? Shares or options? Commodities, forex, futures? Bonds? Over what kind of time horizon?

Trading is about identifying some kind of inefficiency in the market that you can take advantage of and these opportunities are always fleeting. There won't always be companies vulnerable to a short squeeze. There won't always be a mis-pricing in oil futures. Implied volatility won't always be too high or too low. Stock prices that break resistance sometimes revert and prices that dip can keep dipping.

So I'd recommend checking out what different kinds of trading there are before doing anything. Knowing lots of strategies gives you options for picking what you think is viable in the current market and suitable for your temperament. Patrick Boyle doesn't cover everything but he's a good place to get a starting overview:

This playlist is about the different opportunities that exist in different segments of the market. Videos 7 & 8 specifically cover many hedge fund trading strategies and their historical performance: https://www.youtube.com/watch?v=PtDzY3-7ieE&list=PLHC72UlhAthDJjFF1-bimGHG5Ubjff5cw

Video 4 & 5 in this playlist go a bit more in-depth about some kinds of volatility arbitrage options strategies: https://www.youtube.com/watch?v=QgdWK4xB5CY&list=PLHC72UlhAthC-AvkRjPoLjs_BDHgcF17E ; TastyTrade loves volatility arbitrage and has much more on them if you find them interesting

And this playlist just has a bunch of trading strategies that have been used over time and how they went: https://www.youtube.com/watch?v=VnQs_HhfYKI&list=PLHC72UlhAthDutLZCI4Hd2IN4qCKMedSn

Make a document and each time you encounter a new trading strategy put it in with a brief note on how it works, when it works, and its performance. You can go back to it again and again when market conditions change to re-evaluate how you're doing and what's promising.

>>57134178
fucking playlist link embed broke

investable universe & hedge fund trading strategies playlist (esp. vid 7&8): https://www.youtube.com/playlist?list=PLHC72UlhAthDJjFF1-bimGHG5Ubjff5cw

volatility arbitrage playlist (esp. vid 4&5): https://www.youtube.com/playlist?list=PLHC72UlhAthC-AvkRjPoLjs_BDHgcF17E

general trading strategies playlist: https://www.youtube.com/playlist?list=PLHC72UlhAthDutLZCI4Hd2IN4qCKMedSn

hello i am a trader/investor with 7mm

i'll let you know what it's about

ready?

IQ

that's it. that's the answer.

you need high iq (130+) to suceed in markets. if you are breaking even after over two years, you just don't have it in you and you should do passive index investing instead.

being aware of where you are on the iq scale is a very valuable skill.

>>57129748
I was consistently profitable until I lost it all and that's the way it works.

>>57134234
>reddit spacing
stupid faggot. it is not about IQ at all. there all millions of "high IQ" engineers who fail at trading. LOL stupid fuck you never traded once in your life. the real 1% traders like me who make retards like you our exit liquidity are the ones who are gods at pattern recognition.

>>57134234
This is true, but iq is far from all it takes. Discipline is equally important. Work ethic is crucial as well. That is where I failed. My laziness doomed me to a lifetime of suffering. Mentally and physically. Knowing yourself from every angle serves you well as a trader. The other anon saying you need to be short deltas to be profitable is wrong. It depends on the product and market. Being short deltas from 2009 through 2019 in /es and /nq was retarded. Being short gamma and Vega made bank from 2010 to 2013 in all products

>>57134277
Checked. However you are a dumbfuck niggerfaggot. Most likely a zoomzoom who will be humbled. Neck yourself nigger

>>57130566
LMAO stupid faggot he got fucked doing live tradings sessions and lost 20k on live streams.
>private mentoring
GTFO dope faggot

>>57130473
>crown TA
>the most retarded subhuman on youtube
>never does any real trades
>every video is 20 minutes of not saying anything
>is actually a jew
LMAOOOOOOO get rekt pleb

>>57134300
get fucked rekt pleb

>>57134277
Checked. 140 IQ here. I pay other people a fee to access their newsletter, to help me with my trades. I also listen to people who have 40+ years of trading profitably and read their books. George Soros's Alchemy of Finance is my current read. Rick Rule advised, "Read one book every week." I research extensively on Seeking Alpha by reading the research of people more talented than I before making a buy, to ensure that the stock is something that I would like to own with fair consideration to potential peers. To recap, I'm smart enough to understand that other people are smarter than me and that I can benefit from their knowledge and experience. This year I'm up 20% on my portfolio and I sleep like a baby. I check stock prices daily but often only once during trading hours. I own less than 15 stocks because I don't have enough time to do consistent research. I also sell when I'm in the money. Buy cheap, sell expensive. Don't get greedy, choose to earn a small sum with high probability over time than to assume high risk for a short-term juicy return.

>>57134355
>To recap, I'm smart enough to understand that other people are smarter than me and that I can benefit from their knowledge and experience.
let me break it to you retard. there are only 1% elite traders who actually make money trading. everyone you see on youtube, all those gurus, all those authors, all these retards in this thread, all those faggots on trading forums, they are all the 99% losers. the cycle of a newfag getting into trading and losing everything he has is 90 days. there are those who get lucky and enter the market when its 45 degrees (which is only 30% of the time). they make money and think thats how its going to be and then they enter a ranging flat market (which is 70% of the time) and lose everything they make plus their initial. these are the ones who stay in the market for 6 months. thats how the markets work. newfags come and stay for 3 to 6 months, get rekt and pay the elite 1% and a new wave of newfags enter the market and rinse and repeat. anyone who doesn't do live trades is not a trader. get it through your thick skull.

>>57134355
you are not 140. everything you wrote is like a midwit's interpretation of what 140 iqs thought process is like.

george soros and rick rule, hahaha. good one.


>>57134277
you are not a trader, likely another zoomer who will get rekt.

both of you are retards. you don't speak like actual real traders or high iq people.

if you want to see what real traders talk and think like, check out r/quant.

>>57134416
I listen to guys with net worth in excess of 10 million each and they freely tell you what they are doing and why. It is pretty amazing. Some of these guys read newsletters and they tell you who from time-to-time. It slips out in an interview that they like the book from this guy or another and that they love the newsletter of this one or another. I chose to run with the guys that have been around the ups and downs at least since 1980. That means old dudes with no hair and a lot of money. My next read is Market Wizards and The New Market Wizards.

97% of active traders are down after 1 year. I am up, so I am at least part of the 3%. I am smart enough to learn from others so that I can be in the 1%, simple as.

>>57134489
>check out r/quant
LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>57134495
>My next read is Market Wizards and The New Market Wizards
>I listen to guys with net worth in excess of 10 million each and they freely tell you what they are doing and why.
you're my exit liquidity

>>57134512
you're a larp and likely a poor and/or the exit liquidity of everyone you're responding to

>>57134521
>retarded newfag learns about trading
>finds out about quant trading
>complex shit looks to him to be the final redpill
>thinks high IQ people are top traders
you're my exit liquidity. that is the highest form of insult. you should kill yourself after this.

>>57134489
I find that we are at the beginning of a commodities supercycle so why not turn on some Kitco News and learn about the commodities sector? I cleaned up with Uranium these last few months. I am currently out of all Uranium waiting for a pullback. Copper, Uranium, Gold, as long as the money is begging to be put in my pocket I'll play. My other positions that aren't miners are LMT, GSL, KUBTY, SFM, LW. I picked up $6k worth of Maersk last week in case the Houthis keep it up. So far they have.

>>57134512
Well I have been trading for 3.5 years and I have been making money but talking about exiting, I'm about 50% in 4 and 8 week t-bills right now. I'll move to about 60% t-bills by February. The rich guys I listen to are 60-70% in t-bills today, using three different sources. When Buffet buys Occidental you might consider why. Do your own research. I'm looking at ExxonMobil, currently in CVX, PBR, RIG, but I could pick up some Occidental, Sure. Then I wait, easy.

>>57134581
you never traded once. based on your explanations you are an investor not a trader. you will get rekt anyway based on what you described. it just gets a little bit longer since you are not really trading. you are investing.

>>57134593
Listen Fren, I was in and out of UNG and made $30. Do I qualify? I am impressed with Gareth Soloway's analysis and he is in/out over a few days. You are a high-frequency trader and that makes you better? I cannot compete and my time horizon is a few weeks on trades, with Beta looking at 3.5 to 8 years depending on the investment.

Look at the cup and handle on gold, poised for a massive breakout. I can wait, not worried in the slightest, but I continue to accumulate. What are you bullish on? GME?

>>57134706
>I am impressed with Gareth Soloway

>>57134726
If you like that, have you seen the feminine stylings of Lynn Alden?

>>57134735
bro get out of the markets before its over. im not trolling. your "master trader" gareth soloway has been getting rekt the entire bull run shorting every support. get out retard you are clueless as fuck.

>>57134763
OK, when do I buy back in? Wait for a massive VIX spike?

If the bet goes against you and you buy in more because the probability of a bounce is even better, how does that discount the technical analysis?

>>57134794
im not gonna give you any signals bro. youre a normie and my enemy. you would probably crucify me and spit on my face if you knew about the things that i believe.

>>57129748
Any market with decent liquidity is going to be efficient enough that you can't make up a relatively simple trading strategy and execute it for gains over the long run.
You may have a strategy that's profitable during current market conditions (mainly by luck), but those will inevitably change. Changing market conditions also makes back-testing strategies very questionable.
If you have a profitable strategy, once enough capital discovers and starts copying your strategy it will cease to work.
Of course if you have a genuine edge over the market based on some insider information or very rare insight into an industry then you can use that edge to make returns.

Individuals really should focus on generating money with a career or business where their effort can actually pay off, while passively investing.

>>57134809
I might do that without consideration to the things you believe, if you are the wrong ethnicity. Make mine Esoteric Hitlerism. Nothing personal.

I just draw lines and notice patterns, no real system, go with what feels right and follow a stock every day get a feel of how it behaves. mostly Fibonacci retracements and swing trades on biotech stocks

>>57134828
>shills for a jew called hitler
see that's why i didn't give you any profitable signals or hints. you disgusting subhuman sheep deserve what is coming for you.

>all these hedgies on their day off telling noobs to use stop losses
Stop losses are visible to hedgies. They can short to tank the price to scoop up your delicious stops before letting it run back up. Don't use stop losses, take actual profit when trades are profitable.

>>57134815
Wrong there is allways enougn dumb money that makes smart money grow. Most people don't learn so the markets will always be not 100% efficient. Its not illegal to make the market less efficient and loosing money,

>>57129773
This sounds like something you are repeating.
I've been trying this and getting small 'wins' more often than getting it wrong.

>>57134529
i've been in crypto since 2013 and i'm comfortably retired, thx.

>>57134977
Checked. I gave you book titles, stock tickers, trading advice, etc. You gave us, "I'm withholding secret knowledge." Fabulous, glad that you posted. I can sleep well tonight.

>>57134977

>>57135001
I remember when it came out that Binance was actively trading against it's users.

>>57130227
>VIX
does crypto follow this too or nah?
what's the truth.

>>57136245
4

>>57130764
stop loss in crypto is just a lock loss. It means your out because of a tiny dip and then FOMO back in after it recovers

if youre a '24 year old male' and youre just now finding out about trading, youre in no way cut out to compete with others. you literally need to have a type of autism thats obsessed with stats and strategy but here you are asking for some worthless opinions on a board that openly shuns trading like some npc normie

>>57131878
yeah i think he means eurusd

>>57129748
It's is not possible to be consistently profitable trading, because the market is controlled by (((large banks))) with way more IQ and capital than you.

>>57137116
losing is common in trading, better get used to it

>>57137803
>>57138497
Probabilities, if you are educated, are better than the casino. We know that this is true because people do trade and win. The question is, are you willing to learn? If not then you should go to the casino, bet it all on odd at the roulette wheel one time only, because those are the best odds you can get being a mindless pleb,, and the best you can do is a double or an hero.

>>57129748
daytrading is a scam by definition
for it to work you either need the abillity to forsee the future or have inside information
long term trading is the answer

>>57129748
Daytrading is so easy bruh. Just watch some zoomer yt vids bruh.

>>57135424
> I gave you book titles, stock tickers, trading advice, etc
lol dumb faggot. you follow gareth soloway. all your "books" are trash. the real trading knowledge is not in those books melanated person. gtfo and kys.

>>57139779
So when a guy with a net worth of tens of millions tells you what he does and what he recommends that you read, you respond with, "not this, this isn't what I was looking for." How about this gem: buy low, sell high. Try it for yourself. Gareth is a good dude, 100% called the top on Bitcoin when everyone else was FOMOing like rabid animals.

>>57139818
>thinks rich people give away their secrets

Lol…lmao!!!!

>>57139963
Baka

I bought PBR when Doug Casey mentioned that he bought a lot of it, for free. I did well. I pay some of these other "rich" people for their newsletter services because they don't give it all away for free as tgey did alot of hard work. I pay $600 per year for access to analysis and newsletters. It is a bargain.

>>57134726

>>57139818
>100% called the top on Bitcoin when everyone else was FOMOing like rabid animals.
he shorted multiple times from the '21 summer lows all the way up to 69k and has the audacity to say he "called" the top. Okay whatever, I'll let him say he "called" the top because I really don't give a shit - he lost money and that's all that ultimately matters.

>>57137202
You're insufferable. Ever wondered why you don't get invited to shit? This post sums it up.

>>57129748
Yes

>>57139818
>literal jews are telling me what to buy to make a lot of profits
who is going to tell him?

>>57141176
yeah because i give a fuck about the acceptance of half retarded npc's. meanwhile op has been arguing with everyone while people are telling him outright that pro's arent going to just give up their secrets.