90% lose money. Why you day trade?

[Anonymous No.17131556]

[Anonymous No.17132074]

>>17131556
The 90% are the reason I day trade

[Anonymous No.17132237]

>>17132074
So how you not loosing? You play on leverage? When you close the position?

[Anonymous No.17132259]

>>17131556
I take a good sum of gains and put them into DAI where I don't have to pay a fee to buy back in once the price lowers. It's not hard to get ahead of the game. Just don't be greedy and stick to your plan no matter what

[Anonymous No.17132320]

>>17132237
When I lose I lose small and when I win I win big. I lose often, still make money. Yeah I'll send you over a PDF on how to make my money, sure thing skip

[Anonymous No.17132334]

>>17132320
Not great examples of winning big today, but days are different whatever

[Anonymous No.17132352]

>>17131556
Thats why i trade every other day.

[Anonymous No.17132517]

>>17132320
Can you provide mega link boss? Looking to maximize profits

[Anonymous No.17132783]

>>17132517
Nah just use a volatility indicator of your choosing and set up alerts on to make you check when they ding, if the rsi isn't too fucked and the ema has been above your favorite low (<10) ema line without touching for a few 1-5 min candles, try to steal a few percent trade real quick, stop loss at -1%. If it's still volatile after your few percent drop stop loss to -3 or -4% and ride it longer. You're trading against mostly teenagers and bots that are always trying to scrape 1%s

[Anonymous No.17132853]

>>17132783
Btw I literally just told you here what people read books and books to finally end up doing in day trading. It's not that complicated, there's scalpers, there's holders and there's swingers, don't comepte with any of them, make safe money when they challenge each other

[Anonymous No.17133062]

Trading is literally like playing poker. You can do the game optimal move every time and still lose all of your money because something completely unreasonable happens or you just have no luck at all. Also you play against rake (fees) which means breaking even isn't enough, you have to make a profit as high as the fees to even get back to 0.

Don't do it, it's unproductive and the exchange bots and AI will fuck you anyways.

[Anonymous No.17133110]

>>17133062
Kek, popular trading bots are literally open source, go look exactly how they work. They try to make 1% scalps Max. Writing it off saying it's too hard is retarded, if you don't trade outside your indicators and always keep your stop loss up, you literally can't lose, it's not even a game, you're being paid for doing a job, providing liquidity to the market. If you manage to lose money doing this, then thanks, it probably indirectly ended up in my wallet

[Anonymous No.17133576]

>>17133110
how much can it make you a day? be completely honest.

[Anonymous No.17133591]

Buy and hold Master race here.

[Anonymous No.17133797]

>>17133576
I keep my percent gains monthly, too easy to get greedy/tilted caring about daily gain, but I usually trade one pair at a time $2500 principle , I'm up 62% ( almost $1600 )February month thanks to a good icx trade, but without it, still about 20% up. I keep my funds in tether . Daytrades become exponentially more dangerous and difficult the higher volume, Im strict about $2500

[Anonymous No.17133848]

>>17133110
Except it really isnt easy, you probably spent at leadt 2 years practicing. More likely 3+

[Anonymous No.17133944]

>>17133848
Not true. People like yours problem is you don't even understand what a market is, fundementals matter. It's not a casino, providing liquidity is very valuable, and necessary. Solid strategies are never scalable for example I could not do what I'm doing with $25k, and I'm fine with that, this isn't my full time job. People trading $25k, $250k etc need to trade on longer time frames, which I never bothered to study.

[Anonymous No.17134039]

>>17133944
I’ll try your logic of trading towards closest biggest liquidity pools with tight stop losses, but I’m sceptical that is the obly thing youre using

[Anonymous No.17134194]

>>17134039
The reason you're looking for very very fresh current volatility is because you're looking for a whale selling off to huge buy demand or a whale eating up pages of sell orders, the bots in schizo mode and retards in panic/fomo mode cause the volatility, I rarely use more than ema lines, rsi and 1-5-15 min charts (obviously check higher just for big red flags).

Consider yourself the mutually beneficial fuckers that live on whales skin irl, you both need each other, they need liquidity to sell, and they sell for less than they believe it's all worth if theres not enough liquidity, effectively paying you to offer liquidity.

[Anonymous No.17134210]

>>17132783
>Nah just use a volatility indicator of your choosing and set up alerts on to make you check when they ding, if the rsi isn't too fucked and the ema has been above your favorite low (<10) ema
I really don't understand what you are saying here? Volatily indicator dings meaning what? The ema has been above your favorite low? Which ema? What low?
Not trying to be rude just have a hard time figuring out what you mean, can you please elaborate

[Anonymous No.17134216]

>>17132853
>make safe money when they challenge each other
And how do you know when this happens?

[Anonymous No.17134220]

>>17132853
wow great job. how do you know when to take profit? for example how did you choose to take profit of about 1 cent on the third ICx trade but 20 cents on the next one

[Anonymous No.17134255]

>>17134210
No your volatility indicator ATR or some oscillator or whatever reaching your set conditions just means bother looking at it. A lot of the time it's just a clear dump and bearish 1-5-15 so ignore it. But if you can tell its a whale selling off and there's significant buying power, and the chart looks ok, go for it. Same goes if a whale is buying out the sell wall aggressively.

[Anonymous No.17134337]

>>17134220
Too many bid orders being filled and no offers being filled means not only the volatility has stopped but it's probably going down, after a 2+% quick pump, do not be afraid of a massive red candle forming as long as the buy orders getting higher and sell orders getting higher with continued volume and continued volitility, that's how you turn 2% pumps into 10% and 20%, you will learn to dream about giant red dildos being instantly eaten up by sluts buying in later than you

[Anonymous No.17134392]

>>17134255
I see, so you only take long positions, is that correct? And you use two different emas, where one is ema10 and the other is a faster ema, and you only take positions when you see that there is significant buying power?
Thanks for replying

[Anonymous No.17134393]

>>17134337
based thanks. what do you use for your alerts

[Anonymous No.17134474]

>>17134392
Yes, effectively I buy into pumps before they are pumps. But sometimes they are dumps, so need to keep the stop loss tight or else it doesnt work.

[Anonymous No.17134586]

>>17134392
No ema 10 and something like 25, in reality it doesn't matter, have the time I'm using my phone looking at binancea default 7, 25, all I means are the intersections are shifted a bit and you can gauge pretty much how much by looking at the chart

[Anonymous No.17134743]

>>17134474
>>17134586
Thanks anon, I will try trading this way

[Anonymous No.17134761]

>>17131556
There's a difference between day trading and swing trading.

[Anonymous No.17134852]

>>17133110
>it's not even a game, you're being paid for doing a job, providing liquidity to the market

never thought of it this way. interesting perspective, fren. for how long have you been doing that?

[Anonymous No.17135920]

>>17134852
oy vey. if you could answer me your question alter it would be great. if you use discord and want to meet like-minded people you can join my discord server. ID is TcbT8yY or you can just send me a pm. agreen#6534

[Anonymous No.17136378]

>>17132074
join @ChadLounge on telegram

[Anonymous No.17136405]

>>17133110
here's a tip
find the worst roi public bots and counter trade them