[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 11 KB, 275x183, daytrade.jpg [View same] [iqdb] [saucenao] [google]
6142383 No.6142383 [Reply] [Original]

Hello /biz/

I was wondering if any of you had any personal recommendations for books or YouTube channels that helped you improve your day trading.

I've been able to turn my $50 initial investment into $144 in three days of learning day trading.
I am a complete novice, but would really like to improve.

Any recommendations/advice would be highly appreciated!

>> No.6142445
File: 146 KB, 1024x680, 1514916598384.jpg [View same] [iqdb] [saucenao] [google]
6142445

>>6142383
Send bobs and vageen

>> No.6142449

>>6142383

Here’s a google drive literally filled with books.

Good luck.

https://drive.google.com/drive/u/0/folders/0B1s-Y597iYjabW5rZklPTzlpcmc

>> No.6142502

>>6142449
Any you would recommend to start with?

>> No.6142510

trade cryptos not stocks. You’ll never make it with $100 in stocks. I traded 10k in stocks to nothing. Traded 3k in crypto to 25k in a month. Get on this idiotic train before it’s too late.

>> No.6142571

>>6142383
That's nothing. I turn 20 into +100

>> No.6142624

>>6142449
Thank you! Like >>6142502 asked, any that you would say are 'essential'?

>>6142510
I am, currently using binance on ethereum pairs with a focus on coins less than $1, ideally less than $0.20

>> No.6142783

Swing trade instead. I make money day trading 90% of the time, but some of my biggest regrets were the MASSIVE moons I missed out on (ETP, SUB) etc where I miss a rebuy and it goes 2x

>> No.6142908

>>6142383
We don't talk about day trading around here. You never know when (they) are listening. You certainly wouldn't want women or niggers to learn the secrets.

>> No.6143161

>>6142783
I don't think I could apply the very basic candlestick / RSI / Bollinger / depth knowledge to hold any position for longer than 15 minutes, let alone several days. I would really need to learn the ins-and-outs of whatever I wanted to get into for that time-frame, read the white papers be up to date on all news and buzz etc. Do you do all that before buying in, or more decisions based upon TA?

>>6142908
If not here, where the threads get deleted automatically, 4chan the last bastion of free speech, then where?

>> No.6143279

gtfo panjeet

>> No.6143790

>>6143161
Well I'll let you know friend. It's an old rule that's not abided enough around here it's called lurk more.

This sort of thing is discussed but never as a topic of conversation.

>> No.6144162

>>6143790
It is better to ask for advice. Already with the books >>6142449 here I have reading material for months that I wouldn't have ever had access to otherwise.

Thank you for the bump

>> No.6144311

"One Good Trade"
And unironically "Trend Trading For Dummies"

>> No.6144369

>>6144311
Thank you!

>> No.6144573
File: 187 KB, 371x200, yep.gif [View same] [iqdb] [saucenao] [google]
6144573

>>6142449
You are the real hero.

>> No.6144801

>>6142383
Day trading is a scam.

For every successful 'day-trader' that 10x'd his money twice.

There's 8 that lots 30-50% and pulled out licking their wounds or an hero'ing themselves.

>> No.6144874

>>6144801
This. Be very wary of thinking that trading crypto is some money train where everyone comes out winning.

>> No.6145005
File: 107 KB, 1200x675, 1500678021156.jpg [View same] [iqdb] [saucenao] [google]
6145005

>>6144801
>tfw you all or nothing short sell your stack and get a 5-10% increase
I can't help but try it. What a rush. What a thrill. It's better than gambling. I have to be watching the charts for an hour or tvo before feeling confident enough to go for it. I've only lost a couple times but with stop losses it's not that bad, and I've done it a dozen times.

>> No.6145169
File: 20 KB, 600x600, 1506343984570.jpg [View same] [iqdb] [saucenao] [google]
6145169

>>6144801
>Day trading is a scam.

for the losers

be the 1%