Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,646
121,106
Jysin

Jysin

Ahn'Qiraj Raider
6,462
4,348
Sanrith Descartes said:
Shonuff was finally right about something?
Click to expand...
NCLH was his bread and butter. Swear to god, I think it just got back to his cost basis for the first time in the last couple weeks. ($28ish)

1732035865520.png
 
  • 2Worf
Reactions: 1 users
Blazin

Blazin

Creative Title
<Nazi Janitors>
6,958
36,175
This thread has a long history of successful day trading graduates making 1%+ a day. The reason they only show up during melt ups then fade away is because they make so much money they just retire to the Hamptons.

So far the recipe for success is to only have been doing it a few months but catch on quickly for big gains, shun any advice and call others jealous stupid and old to understand the new strategies. Then take your mountain of money and quietly fade away usually to coincide with the first uptick in volatility or regime change.

I like the traders personally, it's a journey each man must take few will make it but some will and that stage is a right of passage towards more mature trading. My bread and butter fun is the doomers we have been short on as of late. Let's get some doomers in here please, I have it on good authority the DOW will never be over 20,000 again in our lifetimes.
 
  • 3Worf
  • 2Like
  • 1WTF
Reactions: 6 users
Lightning Lord Rule

Il_Duce Lightning Lord Rule

Lightning Fast
<Charitable Administrator>
11,019
57,957
Blazin said:
This thread has a long history of successful day trading graduates making 1%+ a day. The reason they only show up during melt ups then fade away is because they make so much money they just retire to the Hamptons.

So far the recipe for success is to only have been doing it a few months but catch on quickly for big gains, shun any advice and call others jealous stupid and old to understand the new strategies. Then take your mountain of money and quietly fade away usually to coincide with the first uptick in volatility or regime change.

I like the traders personally, it's a journey each man must take few will make it but some will and that stage is a right of passage towards more mature trading. My bread and butter fun is the doomers we have been short on as of late. Let's get some doomers in here please, I have it on good authority the DOW will never be over 20,000 again in our lifetimes.
Click to expand...
You're not going to feel so smug after the Deep Street drops the market 40% a week before the inauguration, Captain Optimism!
 
  • 1Jonesing
Reactions: 1 user
Palum

Palum

what Suineg set it to
26,572
41,390
Blazin said:
This thread has a long history of successful day trading graduates making 1%+ a day. The reason they only show up during melt ups then fade away is because they make so much money they just retire to the Hamptons.

So far the recipe for success is to only have been doing it a few months but catch on quickly for big gains, shun any advice and call others jealous stupid and old to understand the new strategies. Then take your mountain of money and quietly fade away usually to coincide with the first uptick in volatility or regime change.

I like the traders personally, it's a journey each man must take few will make it but some will and that stage is a right of passage towards more mature trading. My bread and butter fun is the doomers we have been short on as of late. Let's get some doomers in here please, I have it on good authority the DOW will never be over 20,000 again in our lifetimes.
Click to expand...
I need a mini doom, need spx to calm down to about 5900 by end of year.
 
Daidraco

Daidraco

Avatar of War Slayer
10,080
10,408
Blazin said:
This thread has a long history of successful day trading graduates making 1%+ a day. The reason they only show up during melt ups then fade away is because they make so much money they just retire to the Hamptons.

So far the recipe for success is to only have been doing it a few months but catch on quickly for big gains, shun any advice and call others jealous stupid and old to understand the new strategies. Then take your mountain of money and quietly fade away usually to coincide with the first uptick in volatility or regime change.

I like the traders personally, it's a journey each man must take few will make it but some will and that stage is a right of passage towards more mature trading. My bread and butter fun is the doomers we have been short on as of late. Let's get some doomers in here please, I have it on good authority the DOW will never be over 20,000 again in our lifetimes.
Click to expand...
Im having fun with it and making money but arrogance is just obnoxious. On that same note, the older guys that are at my gym really are the fucking doomers you're talking about. "rabble rabble rabble, you cant make money doing that. You're wasting your time!" "I tried to do that for a little while and couldnt get ahead!" ..

But this one guy, he is captain optimism, and he does really well. He's telling me I should sign up for a Funded Trader program and see if I can beat a simulation. I have yet to read about that because I feel like I would just be wasting my time right now. I dont know what half this shit does, or why this line matter or that line matters, or this study, or the candle patterns, etc. Then someone will come in and say that none of that shit matters, which I dont know if thats a doomer take or a realistic take.

But I do know Etrade has been having a straight fit with me here in the last few days. I have 39k in the account and in the last month, Ive came in just over 11% gain. It keeps telling me I'm making day trades and that I need 25k in the account to keep going... but I have way more than that, which is confusing as all fuck. The optimistic guy is kind of religious, and has given me access to something called Surge University? Which sure, I'll take those classes and see if I learn anything there, too. (They have a prayer at the end of each live session, which is.. odd..) ... Again, Im just having fun with it at the moment. The pittance of money I've made so far isnt worth bragging about by a long shot. Not with you guys sporting half million, million dollar + portfolios.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,646
121,106
Daidraco said:
Im having fun with it and making money but arrogance is just obnoxious. On that same note, the older guys that are at my gym really are the fucking doomers you're talking about. "rabble rabble rabble, you cant make money doing that. You're wasting your time!" "I tried to do that for a little while and couldnt get ahead!" ..

But this one guy, he is captain optimism, and he does really well. He's telling me I should sign up for a Funded Trader program and see if I can beat a simulation. I have yet to read about that because I feel like I would just be wasting my time right now. I dont know what half this shit does, or why this line matter or that line matters, or this study, or the candle patterns, etc. Then someone will come in and say that none of that shit matters, which I dont know if thats a doomer take or a realistic take.

But I do know Etrade has been having a straight fit with me here in the last few days. I have 39k in the account and in the last month, Ive came in just over 11% gain. It keeps telling me I'm making day trades and that I need 25k in the account to keep going... but I have way more than that, which is confusing as all fuck. The optimistic guy is kind of religious, and has given me access to something called Surge University? Which sure, I'll take those classes and see if I learn anything there, too. (They have a prayer at the end of each live session, which is.. odd..) ... Again, Im just having fun with it at the moment. The pittance of money I've made so far isnt worth bragging about by a long shot. Not with you guys sporting half million, million dollar + portfolios.
Click to expand...
There is nothing wrong with paper trading or trading simulators while you learn the ropes. New traders will make fundamental mistakes. Not might, will. Make those mistakes with fake money. This will help you learn the why of the mistake you made so you know not to repeat it in the future.
 
You must log in or register to reply here.