/biz/ - Business & Finance

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Anonymous Mon Dec 3 06:39:45 2018 No.11990646 [Reply] [Original]

I'm trying to get into trading (specifally crypto but that might be a bad idea) but I don't know where to learn all the things I need to understand to be successful. I using trading212 but I feel like I might have been memed

Can someone point me in the right direction to learn everything I need to know, and maybe a few tips for starting out.

>>	Anonymous Mon Dec 3 06:41:53 2018 No.11990661 >>11990646 Check out Anton Kreil...his stuff i online Seriously excellent

>>	Anonymous Mon Dec 3 06:42:49 2018 No.11990670 >>11990646 The only way to make it is to first lose 95% of your stack in 6 months.

>>	Anonymous Mon Dec 3 06:43:31 2018 No.11990677 The only way to learn is by doing.

>>	Anonymous Mon Dec 3 06:43:41 2018 No.11990678 >>11990670 Personally, I did it in one month.. But it's the right of passage OP. You must do it.

>>	Anonymous Mon Dec 3 06:46:07 2018 No.11990690 >>11990661 Thanks, I'm watching his successful beginner video now >>11990670 >>11990677 >>11990678 This is exactly what I want to avoid because I KNOW if I don't take every step carefully my money will do down the drain

>>	Anonymous Mon Dec 3 06:47:31 2018 No.11990700 >>11990690 Then you should also know that your money is likely to go down the drain even if you take every step carefully. But when you do it that way, you'll probably take it a lot harder and make more mistakes trying to fix it.

>>	Anonymous Mon Dec 3 06:51:40 2018 No.11990718 >>11990700 So you're saying I should accept that even if I'm careful I will still lose money? Ok then, but how do you guys make money then? Surely it's more than luck.

>>	Anonymous Mon Dec 3 06:54:49 2018 No.11990732 >>11990646 Crypto is fucking cancer to trade. Trade literally anything else if you're serious. I know you won't listen and will waste time and money getting overload'd on bitmex

>>	Anonymous Mon Dec 3 06:55:24 2018 No.11990735 >>11990718 Who said we made money here?

Anonymous Mon Dec 3 06:59:58 2018 No.11990757

>>11990718
Risk to reward anon, thats everything. Eaven if you lose 80% of your trades but your target is way further from your entrance than your stoploss (given it's calcuoated on good TA and not wishfull thinking) you will be doing ok...i get stopped out on most of my trades but over time my acc is going steadily up...

>>	Anonymous Mon Dec 3 07:00:59 2018 No.11990762 >>11990646 https://docs.google.com/document/d/15c3rN15rkXldY8Te3GDG4NG7noaaoikydOoZQlElwXw/edit

>>	Anonymous Mon Dec 3 07:02:27 2018 No.11990770 >>11990646 >wants to make money >but he's unwilling to take any risks Are you a female by chance OP? Fuck you, grow some balls idiot

Anonymous Mon Dec 3 07:06:13 2018 No.11990780

>>11990732
I have such little knowledge of this field that I'll listen to whatever you say. What do you suggest I invest in?
>>11990735
Yeah I got the feeling that might be the case
>>11990757
Lots of small loses and a few big gains, is that how it works for you?
>>11990762
Thanks
>>11990770
I'm not a chick, I would just prefer to minimise the risk by actually having some idea of what I'm doing. There's no way to entirely avoid risk doing this kinda thing.

Anonymous Mon Dec 3 07:11:38 2018 No.11990798

>>11990780
bruh...you can read as many books as you want/watch all the fuckin videos about trading and you still could be the shittiest trader on earth. just learn by doing. you'll quickly find out that getting a handle on your emotions is a huge factor

>>	Anonymous Mon Dec 3 07:21:19 2018 No.11990846 >>11990798 Ok, I'll open up a practice account on trading212 and just go for it. I think that way I can get experience without losing all my cash and going suicide tier.

>>	Anonymous Mon Dec 3 07:28:39 2018 No.11990891 >>11990846 perfect, just look up stuff/keep learning as you go. once you switch to real muniez, you'll see how bullshit demo trading is. remember, cut your losses short!!!!!!

>>	Anonymous Mon Dec 3 07:40:18 2018 No.11990958 >>11990891 Thanks amigo, you really helped me out, I'll think of you when I'm taking sips on my yatch.

>>	Anonymous Mon Dec 3 07:47:23 2018 No.11990999 File: 27 KB, 254x400, Reminiscences_of_a_Stock_Operator.jpg [View same] [iqdb] [saucenao] [google] >>11990958 one more tip. peace bruh

>>	Anonymous Mon Dec 3 08:03:29 2018 No.11991074 >>11990646 who here trying to set up a trading company but cant find banks to give him an account cuz muh crypto so that it cant get registered.

>>	Anonymous Mon Dec 3 08:07:23 2018 No.11991099 >>11990670 took me 9 months to lose over 95% of my stack, but yes something like this.

>>	Anonymous Mon Dec 3 08:12:42 2018 No.11991124 >>11990670 Does losing 100% to a hacker count? fuck I’m glad I learnt that lesson early.

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