Serious Trading is bullshit

[TheJester]

Ive daytraded for close to 12 months now and did over 2000 trades. I usually traded Forex, sometimes Oil, rarely stocks. In my first month of trading I turned 1000€ into 3000€ and was amazed, I thought I was a genius, but apparently it was just a bullrun. Eventually i got sick of only making so little, few trades only 10€ then I took profit. So I discovered OPTIONS its what all these guys do over r/wallstreetbets I made my first NVDA option trade, a long that turned my 300€ investment into 2000€, "this is quick money" I thought...the next one was a SPY call where I lost close to 4000€. So I got instantly sick of this and continued to trade Forex.

I was in profit for so long, especially with the bullrun on Gold in September, so today I was like..."Lets invest some in the Nasdaq...long term"

Then 15.30 today, yeah...some unexpected news dropped and now I am back to 1000€.

So basically this shit fucking sucks. I used several different trading strategies. But im literally just sick of it now.

I think for those that arent already millionaires, a diverseified portfolio OR copytrading is the best you can do.

I doubt i ever really daytrade anymore.

PS: Fuck the Discord Trading communities, all you niggers do is show of your million dollar portfolio and huge gains then larp and troll around with shitty Elon Musk and Powell memes.

 

[Skelly]

you gotta start off rich to make it in trading

 

[over_department]

Start trading primitively

Oogaboogamaxxing

 

[starcrapoo]

call it what it is, day trading is degenerate gambling

leverage trading, calls, options, technical analysis, etc...

its gambling

you can think of the stock market as degenerate enough as it is. day trading is taking it to the next level with financial instruments

the safest way to make money in the stock market is to not day trade at all and invest, diversify, and DCA (dollar cost average aka slowly buy the dips or just set recurring buys). of course you won't make as much money but in the long run its the safest option to make money in the stock market

either way if you're day trading or just investing, you gotta pay attention to the macro-economics, primarily what the fed does, look at charts, or make your own charts when taking in the data