Thread 60556638

Why do I feel like every day trader makes money except me?!

Youtube gurus are not your average day trader. Stop letting social media warp your perception of reality.

how is day trading an actual skill? Its literally just random

>>60556663
actually they are your average day trader
they lose money and figure out it's easier just to become a youtube "guru" and take money from fools that way

>>60556638 (OP)
everybody is losing money, if they've made it it's because of luck

>>60556638 (OP)
The only ones who stay in the game are the profitable, a few bad moves can wipe you out immediately

>>60556668
>He hasn't unlocked his Trader-sense

NGMI

>>60556638 (OP)
because you are not holding, hodl more, especially cheese rn.

>>60556638 (OP)
Because if they weren't making money they could no longer be trading?

>>60556638 (OP)
>Why do I feel like every day trader makes money except me?!

We are all 2 meters tall, with cocks longer than your forearm, and we fuck runway models 3 times a day.
You are nothing but a complete loser!

i’ve been on a losing streak for 6 months now. this market is fucked

>Make a huge watch list
>Refresh when extended morning market starts
>Buy top 3 upward movers
>Sell when profitable
It's literally that easy. Wake up on time you idiot.

>>60556638 (OP)
Day trading seems like it's better suited as an actual full time job. It's one thing to follow the news and move money around accordingly, but to actively trade every day based on technicals and w/e, seems like unless you want that to be your full time job you're better off focusing on your craft, and then investing on the side.

>>60556638 (OP)
I do not even get past the obligatory broker trading obstacles like solving the quiz or having a jerb.

Granted I just started learning this shit 2 weeks ago but damn it's tough.

>>60559785
no way that's it

>>60556638 (OP)
90% lose, most youtubers use demo accounts and not even using real money I made up the last part

show me a singular (one (1))) day-trader who is making money long-term (2+ years). I will wait.

>>60556638 (OP)
Youre really believing what the internet tells you?

Successful day traders dont tell the world big difference. If theyre selling you a course theyre usually demo trading.

>>60556638 (OP)
No retail traders make more than 0.3% a day. and if you do, you are probably taking too much risk that will backfire and wipe out your account. The math simply does not add up if you make more than 0.3%.

>>60561582
Lies. Stop buying single calls & naked calls.

>>60556638 (OP)
Most dont have the $$ to survive wipeouts.

>>60559858
But you need a very capital to start and most people dont have. You need lets say 200k to start. And another 200k when that first 200k gets wiped out. And at least 5 years of doing it which means you cannot hold a pt or ft job.

>>60556638 (OP)
because you haven't bought Bitcoin yet

>>60560704
For the first time in 7 years, I am on a 3 month no lost streak. Most people dont have 5 years to full time trade.

Expect to make nothing for first 5 years. Most people cannot afford no income for 5 years lol.

It's a whole career, for some reason I thought I could press a button make 10k and fuck off the rest of the day but in reality I was dumping like 40 hours a week so I just got a job instead

>>60561646
A job is way worse. You got a job because you couldn’t afford to not work.

>>60561646
> It's a whole career
not at all. lol. I just do it for fun. Its the same as me playing Marvel Rivals or Rainbow Six Siege. I

>>60561665
I was making double the index rate of return for the 5 years I did it but my capital was tiny so it wasn't worth it hourly. I'll return once I have big boy money

Also I was cursed with a risk management education so I can't yolo into retard shit

>>60561672
Cool. Most people simply dont have the capital and time to do it. And survive wipe out.

>>60561672
Yeah some people are profitable consistently. I am now.

>>60561672
Most people are brokie losers and cannot afford taking 5+ years off work in their 20s. So they end up stuck working till retirement. That is the life of most people disregarding if they want to day trade or not.

>>60561722
Stimulants are a net negative for your returns my dude, you should probably wind down and tighten up

>>60561723
What are you on? Am I wrong? Look at up wealth stats. Majority of people are working class and the gap between the top 20 and bottom 70 is huge and growing. The past few years, the top 10% increases their spending while everyone is tightening their belts.

>>60561672
Get a loan stop being a boy. $600k in debt before my first $2 million.

>>60561761
When you start treating trading like a business and not a video game will will only make sense then.

>>60556638 (OP)
They make money until they don't, and then they lose it all trying to win it back.

>>60559785
I've been demo trading but worried about my profits getting rinsed. How much would u say is the minimum profit i should be looking for on a single trade? Once commision and tax are taken low level profits are probably just useless, right?

>>60561761
how do you even get a loan from a bank for trading purposes? make up a business idea?