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  #41  
Old 2nd February 2022
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Quote:
Originally Posted by xena View Post
I took a beating but trying to recover by taking small position sizes.
Beating in what and what time frame?
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  #42  
Old 3rd February 2022
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Beating in what and what time frame?
Over the past four weeks. I scalp SPY options. I played too big for my britches. I know what I did wrong I just lose my mind when Im convinced something is going to go a certain way. Now I'm paying more attention to having patience, getting in at the right time, following price action and market awareness. Rome wasn't built in a day.
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  #43  
Old 3rd February 2022
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...Education costs $$$
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  #44  
Old 22nd February 2022
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Lesson learned, margin account.

When the "plague" hit, all of a sudden I was WAY "over extended". My {absurdly low} trade triggers had all hit and the prices were still dropping, fast. This time is better, won't loose unless I sell.
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  #45  
Old 25th February 2022
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Not a day trader but in mutual funds through works TSP program. When it goes down like now I’m shoveling more coal into the fire.
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Old 12th June 2022
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The Word on The Streets, is buy The House of the Mouse.
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Old 26th June 2022
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I invested in crypto a little (in LUNA particularly) . Doesn't look very promising at the moment so will look into different investment options. My first option is to get a crypto license in lithuania and start trading cryptos. Anyone can advice any good resources where i can read more about different regulations and things i should know about that?
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  #48  
Old 6 Days Ago
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I’m doing much better now. Fortunate to have found a group that is led by and has many seasoned traders who have worked professionally in the market. I’m still scalping options but am now to the point where I’m profiting more than losing and that is a wonderful milestone. If anyone is struggling and wants to learn the correct way to do options and spreads let me know I can send an invite. I’m paying $125 a month but getting an education in options trading that is worth six times this.
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  #49  
Old 6 Days Ago
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Personally, I think it would behoove everyone to get out of stocks and dollars and into precious metals or crypto.

I feel like there is something fishy about more dollars entering circulation on the last decade than our history, a national emergency, and the market doing well. Seems unnatural, and crypto is on sale right now imo.

But who knows, maybe all thier wierd complex wizardry that even someone with a BS in Mathematics can't understand is legit. Seems to good to be true.

Also, statistically most day traders lose (also inevitably in a zero sum game, but that's a harder argument) Veritassium (Content creator on odysee and youtube) just released a video on experts claiming studies say most "expert traders" offering classes do worse than random chance. So that just seems like gambling against the house to me. But what dies my broke shadetree xss know, right!


Quote:
Originally Posted by AlexD View Post
I invested in crypto a little (in LUNA particularly) . Doesn't look very promising at the moment so will look into different investment options. My first option is to get a crypto license in lithuania and start trading cryptos. Anyone can advice any good resources where i can read more about different regulations and things i should know about that?

I never liked Luna, crypto mason of odysee turned me off (seems like a shill) and he really pushed it. I believe a man needs three crypto, a store of value (btc for me, widely accepted)
Cash (monero fungibility is a must)
Computational (will help if you get into the tech, eth is centralized under emperor Vitalic Buterin, etc is where I'm at on that)

All in all I am still up, I dollar cost average.
A while back I was impatient, made a few hundred but could be a few thousand (that's what scarce acceptable assets do, transfer value from the impatient to the patient)

Oh and I don't care for regulations, so I don't know, but it's better to ask permission than forgiveness, AFAIK there us nothing wrong with tieing your crypto up in a contract as such it us not technically yours, you cash out the gains and report them as freelance income. The downside is no protection if you lose, and I shouldn't mention what I think about "protections" due to the no politics rule.
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