Thread 61238264

>decided to get into stock trading
>thing is red
>i buy
>next morning
>thing is green
>i sell
>made 40 bucks
It's literally that easy?

>>61238264 (OP)
>40 bucks
yeah and you barely made even after accounting for fees lmao

>>61238272
The fee was literally 1€ lol

Yes its that easy
Welcome to the club young man
Wait until you learn about options

>>61238264 (OP)
Yes until you’re playing with volume. Pretty low risk to make bets when you’re dealing with a couple of thousand bucks. If you lose it you can make it back from one wagie check. When you get into high six figures or seven plus you think twice about putting all your money into something because even a small 2% dip becomes months of waging and a 10-15% dip might be an entire year’s salary you could lose in a day. I have multiple times now watched my portfolio fluctuate $500k+ within a week in assets I believe in. Imagine throwing everything into a gamble you aren’t event 100% sure about hoping for green the next morning. Not worth the stress.

dont forget to pay taxes on it

>>61238272
Who still pays fees these days?

>>61238264 (OP)
It's that easy, until you become bagholder.

>>61238264 (OP)
No, because if you repeat this 10 times, you will end up losing at least 1/3 to 2/3s of your account.

>>61238264 (OP)
Well you need to know why it turned green, otherwise you're just gambling obviously.

>>61238264 (OP)
Wow Anon, you made 1200 bucks a month this way if youre lucky. If.

>>61238264 (OP)
Yes. It unironically is that easy. Retards /biz/ actually never seen to sell green and buy red.

>>61238332
>$1200 a month
better than nothing honestly; its amazing how many people dont at least start here

>>61238272
What fees? Stock brokers don’t charge fees unlike the gay cex and dex you’re used to, dumbass crypto faggot

>>61238344
yeah right

>>61238344
>>61238281
>no fees
>op literally paid fees lmao

>>61238369
that's true
most brokerages in the US don't charge fees for share transactions
the only thing mine charges fees on is options, and I think those can be waived somehow...

>>61238332
>Looking down on an extra 14k a month

>>61238264 (OP)
yeah the hard part is doing that everyday

>>61238498
*a year

>>61238505
>thing is red
>i buy
>thing stays red
>i hold
>thing is green
>i seel
it's THAT easy for fucks sake

Try SPX options next. I had some SPX monday expiry options in my watch list yesterday, and on just this move, one contract went x3, from sub 1k to 3k in 2 hours

>>61238332
1200 is more than my monthly wage. If I ever start making over 3k a month from stocks that's when I'll retire

>>61238307
this

>>61238264 (OP)
What if you do this on 10 stocks and it turns out you have to wait 10 days for that first green day for 7 of them? Still worth it?

>>61238535
Options valuations have absolutely loony tunes rollercoaster tycoon swings, it looks probably scary to novices seeing your entire account deep in the red for the day basically as a function of almost noise.

>>61238339
>just repeat it infinitely till youre 120 or some shit bro

Easy come easy go.

>>61238289
tax free in sweden up to $30k

>>61238762
In Germany only tax free until 1k. Then we get assraped with 25%. Get me out of this shithole.

>>61238801
Not if you life below poverty line. Git gud in scheming.

>>61238801
>but muh healthcare

Get fucked euroslime

>>61238264 (OP)
I start every morning like this, use Houdini more then phone app now

>>61238264 (OP)
Ok now scale this up to at least $40k profit next. We're not in this for lunch money.

>>61238880
Sweden is also located in Europe

>>61239254
>>61238880
In Switzerland we don't have any healthcare and no taxes on capital gains from trading.

>>61238285
If you have 8 figures in your account you probably work as a lawyer anyway so why the fuck do you care? You're not investing to "make it and fuck sluts in japan/thailand/whatever" you're investing because you're a new york jew bigshot flexing on people with insider trading.

>>61238311
I am going to repeat this 10 times.

>>61238722
'luck' is really just the continuation of a bullish trend. If you assume nvidia will keep going up then watch for a 1-2% dip in the morning, set your buy and then sell when it goes back up 2-3%. If it doesn't, then sell when it does, since nvidia is in a bull trend. Easy, no?