Legit Daytrading content

monkelucker72

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Whats the best content on on day trading that’s legit? I am serious about learning.

Thanks
 
Whats the best content on on day trading that’s legit? I am serious about learning.

Thanks
only fundamental analysis is legit and even then profits are not guaranteed if a whale manipulates the market you are in.
 
If you just made a 1% gain a day you would double your account in a bit over three months. Even if you can’t hit that every day it shouldn’t be too hard to reach it over the course of a full year. If you get a bigger gain it goes even quicker.
 
If you just made a 1% gain a day you would double your account in a bit over three months. Even if you can’t hit that every day it shouldn’t be too hard to reach it over the course of a full year. If you get a bigger gain it goes even quicker.
and how does one gain 1% a day? That would be an annualised 3678%
 
and how does one gain 1% a day? That would be an annualised 3678%
I wouldn’t expect to actually hit that every day - I do 2% and set it to sell when it reaches that then leave it be on crypto - you could do the same with a leveraged etf like mentioned above. Find something that isn’t changing on a macro level but swings a bit every day or so. Just ride the little waves.
 
I wouldn’t expect to actually hit that every day - I do 2% and set it to sell when it reaches that then leave it be on crypto - you could do the same with a leveraged etf like mentioned above. Find something that isn’t changing on a macro level but swings a bit every day or so. Just ride the little waves.
Where can I learn about this kind of stuff?
 
 
step one : have 25k

after that its so easy anybody can do it
then you can easily make a couple hundred a day
just swing trade leveraged etfs

they usually move atleast 1% up or down a day
If you just made a 1% gain a day you would double your account in a bit over three months. Even if you can’t hit that every day it shouldn’t be too hard to reach it over the course of a full year. If you get a bigger gain it goes even quicker.
I wouldn’t expect to actually hit that every day - I do 2% and set it to sell when it reaches that then leave it be on crypto - you could do the same with a leveraged etf like mentioned above. Find something that isn’t changing on a macro level but swings a bit every day or so. Just ride the little waves.
are you guys actually daytrading or were you mainly giving tips here?
 
are you guys actually daytrading or were you mainly giving tips here?
I was for a while - I like to dump gains into more passive income every now and then which is what I did. Toying with the alpha picks from seeking alpha atm
 
i used to but when i moved to asia i stopped because i didn’t want to ruin my sleep to make a few hundred dollars
you mean ruin your sleep because of the time zones for trading US market? or because of the stress?

i used to do it for some time until i burned my fingers with forex. you're dealing with fractions of fractions of a bigger picture there if you trade with high leverage. and then some whale comes along like a government who suddenly changes the rules and instantly the small picture you were looking at completely falls apart. if only once you make a mistake like setting incorrect stoploss it can fuck you up. the more trades you make the more error-prone it becomes. of course you can lower the leverage if you use higher amounts of money, but then theoretically there's even more at risk if you are not concentrated.

how much money did you go in with for single trades?
 
yes

had around 40k that i would use to swing trade 3x leveraged nasdaq etfs. would easily make atleast $400 a day
nice!

at what % did you take profits and losses?

which broker do you use?
 
just swing trade leveraged etfs

they usually move atleast 1% up or down a day
Can I start at a micro level say $200 a week invested while reinvesting the profits or should just save up to 10k+ before trading because of volatility?
 

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