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Dec 24 2021 07:01pm
Quote (pichupowa2 @ Dec 24 2021 04:22pm)
Any way how to start?
Thanks everyone for the advice.

i will read books and learn from it.


if you want to try to be a day trader...be ready for it to be like a full time job

id advice the old "buy low sell high" tactic...research companies and find ones that you think have long lasting longevity...then wait for a dip..buy it and hold till the price goes up and sell. patience is key to have when investing.
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Dec 24 2021 08:09pm
i even have a program where to start yet, any advice about it?
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Dec 25 2021 10:43pm
Alot of day traders fail because of greed … gotta be happy with them 2-3% gains get in and out quick it will add up
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Dec 26 2021 12:15pm
Quote (BlemBlem @ Dec 25 2021 09:43pm)
Alot of day traders fail because of greed … gotta be happy with them 2-3% gains get in and out quick it will add up


But that's the thing. It does not really add up unless you're trading with significant sums of money and successfully doing it. You're likely far better off in putting your efforts into increase your two week return on your time, a pay cheque.

The at risk amount to earn 2-3% and make it worthwhile is likely the OPs entire savings.

Most people are far better in spending time on their own education that will have a direct pay increase. If your an Eng. Go get your Peng. Same with P Bio, P Chem. If you have a two year program, go get the courses necessary to get a 4 year undergrad. If you have nothing search our a two year program, etc, etc. There's something for the majority of people who have the time to learn something new and have some disposable income ready, which I assume the OP does because he's planning to day trade. '

Anyway that's my rant. So many young traders being influenced by Reddit right now. For the past 5 years you could toss a dart at the dart board and win. It wont always be like that and to think you're successful because you're marking a return right now is very misleading. If you're young you should think about a long term career. Too many young people getting sucked into the haha I can trade for a living because they're making money off the market. An ape can make money off the market when all the market does is go up.

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Jan 11 2022 07:27pm
Trade what you can afford to lose, like gambling.

Also can do free trades using wealth simple vs through your bank.
Also be patient, just set an alert for the share price exceeding what satisfies you and sell it when it reaches it.

Or hold on for more in hope for the moon or miss out on the opportunity.

Ive never made money because I go greedy never sold when I was in the money even at 100% gains.

Then sold when I needed money cause I invested money I couldnt afford to lose, at a loss.

Lol.

This post was edited by kaisersigismund on Jan 11 2022 07:30pm
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Jan 11 2022 07:31pm
Quote (kaisersigismund @ Jan 12 2022 01:27am)
Trade what you can afford to lose, like gambling.

Also can do free trades using wealth simple vs through your bank.


really? like what.. im living uk and i use barclays
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Jan 11 2022 07:32pm
Quote (pichupowa2 @ Jan 11 2022 08:31pm)
really? like what.. im living uk and i use barclays


Wealth Simple Trade

Im in canada, not sure if it works everywhere.

I started using it because TD bank was 10$ per trwde, selling/buying.

This post was edited by kaisersigismund on Jan 11 2022 07:33pm
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Jan 11 2022 10:20pm
eh don't listen to the boomers here, that's why they're posting in jsp instead of driving lambos with super models, i got you fam
step 1. get as many credit cards in 1 day as you can, they typically won't see each other's pulls if you do it same day and you'll get more approved at higher limits that way
step 2. cash advance all of them to the max, open a brokerage, lie about your networth so you get a higher margin limit
step 3. spend 10-15 minutes reading wallstreet bets until you see a can't lose trade, try to look for someone claiming to be an insider, those are always winners
step 4. grats, you just paid your tuition and learned a lot, now you know day traders have a shorter life spam than stripping and you should just buy $voo
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