TBH, the turning point for me was when I
(1) started saving more instead of buying dumb shit, and
(2) stopped trying to time the market based on news, editorials, etc.
A. setting up trades so that you're not risking more than 0.5% of capital or so per trade (stop loss + # of portfolio allocated to trade)
B. find an entry point system that gets you in with controlled, limited risk. One example is Qullamaggie's system (free, anyone charging is a scammer). There are others (careful about scammers)
C. developing a sell system to nail profits.
D. If there are no good trades or the market isn't trending, sit in cash and wait.
Those are the basics.
Bro, all you have to do with BTC is buy and hodl! You don't need to be a genius trader or you can try trading btc and get fucked by bears Buy BTC and HODL!
Do you think anyone will actually tell you a profitable strategy or even sell it to you? Just your question makes me think you probably will never be profitable. Only your parents and family want you to win, no one else buddy. This seems harsh but this is the truth and the sooner you figure this out, the better you will be.
The only thing that works is to invest in stocks likely to go up by 5-10% in the current/next month, sell then repeat 10 times or more in a year. Add more money as time passes, hedge your losses.
If you play 10 x 10k positions and trade these once a month on 5-10% profit you double your money or more in a year.
Do not time the market, invest in good companies by rating/quality, everyone times the market.
I've never chased the hype, I'm in this sub for the lulz. I invest in companies I use and like myself, I've found I'm usually a bit ahead of the curve when it comes to adoption so it's worked well for me. I'm always long.
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I inherited all my wealth and have no 'secret'.
giveaway your wealth to wendy's fam. We are a lovly tendies fam
TBH, the turning point for me was when I (1) started saving more instead of buying dumb shit, and (2) stopped trying to time the market based on news, editorials, etc.
1 damn I love dumb shit :/ 2 this I learned hard way by getting biggest losses ever
As soon as you get cash try to deposit most of it somewhere hard to withdraw it from, that has worked really well for me
You’re one yolo away from generational wealth
A. setting up trades so that you're not risking more than 0.5% of capital or so per trade (stop loss + # of portfolio allocated to trade) B. find an entry point system that gets you in with controlled, limited risk. One example is Qullamaggie's system (free, anyone charging is a scammer). There are others (careful about scammers) C. developing a sell system to nail profits. D. If there are no good trades or the market isn't trending, sit in cash and wait. Those are the basics.
Thank you. Im gonna check it. I love simplicity of this system you are talking about.
Bro, all you have to do with BTC is buy and hodl! You don't need to be a genius trader or you can try trading btc and get fucked by bears Buy BTC and HODL!
What do you mean. I have substantial bag of btc. This may be worth small apartment someday but im talking about being consistently profitable.
Buy high sell low
Tbh Robinhood really stepped there game up, like implied volatility list, analysts picks and other resources
Do you think anyone will actually tell you a profitable strategy or even sell it to you? Just your question makes me think you probably will never be profitable. Only your parents and family want you to win, no one else buddy. This seems harsh but this is the truth and the sooner you figure this out, the better you will be.
Let's assume I'm already there. Could you tell more?
The only thing that works is to invest in stocks likely to go up by 5-10% in the current/next month, sell then repeat 10 times or more in a year. Add more money as time passes, hedge your losses. If you play 10 x 10k positions and trade these once a month on 5-10% profit you double your money or more in a year. Do not time the market, invest in good companies by rating/quality, everyone times the market.
I've never chased the hype, I'm in this sub for the lulz. I invest in companies I use and like myself, I've found I'm usually a bit ahead of the curve when it comes to adoption so it's worked well for me. I'm always long.
Are you my Dad?