What are the strategies you use for trading? I usually use the scalping method, it works well for me.
Pic unrelated
>>1101379
I'm interested in day trading advice too. Bump.
1. VOO
2. Wait
buy the dip
Play both sides of the coin, especially in a volatile market. Yesterday I made eight grand, all short. Today I'm at six and a half, all longs.
Algo scalping has been pretty profitable recently. Excluding the week going into and out of the december rate hike.
>>1101379
Buy high
Sell low
>>1101433
>>1101518
>>1102680
Kek. Look at all these noobs.
Just go back to Vanguard and enjoy your 1% annualized returns so that you can save $1 million by the time you're an old and miserable 80 year old faggot
>>1101523
anon you mind telling me how you did this? I am failry new to this
>>1102688
>anon you mind telling me how you did this?
He used his imagination, obviously.
You didn't actually think that was true, did you? Kek.
>>1101379
>put 3x bull/bear etfs on watchlist
>guess if it's gonna be a good or bad day
>put some money down
>see if it works
Buy low, sell low, buy again, sell slightly lower, buy again, sell much higher, buy again, sell slightly lower.
desu, I've always though buying a call and a put option a month or so out and hoping for at least a slight pull into profitability with both at separate points in time before expiration was a decent move, but it's not likely to work for either unless you get large spikes in volatility, and it doesn't help now that volitility is high and options are expensive. I can't bring myself to enter large positions as I figure to lose 100% of anything i put in.
>>1101379
what means "works well" for you?
How long have you done this? What's you track record? be clear, everything else is gibberish
>>1101379
I made 210k on a combination of UWTI, Etherum, doge coin, fedora coin, and bit coin.
Thank you based /biz/.
>>1103767
A smart investor doesn't buy options, he sells them.
Options fail 9/10 times.
>>1102686
Go back to losing money or making even less than a second minimum wage job overall.
>>1102686
Is rather be 80 with a million dollars than be a crack whore with no money. Can't be crack whoring forever baby.
>>1101379
Pick a stock you think is likely to flip. Keep an eye on the news, check out sites like Seeking Alpha, and keep abrest of those stocks.
Then, buy. Then, sell at a reasonable spot.
For example, /rhg/'s darling ASTI. We know it's a joke stock now, but at $0.08xx a share, someone with $100 can buy a bunch, flip it, and make a bit. If you have more, then of course you can make more. Last flip I did, I bought 23000 shares of ASTI at 0.0857. I immediately set a limit sell at 0.0880. $50 gained, roughly 3% profit on the trade.
I sold at what I thought would have been the daily peak would be. Turns out it was actually $0.0920, so I undercut myself, but that's ok, because I still turned a profit.
In the end, that's the best way to do it (IMHO.) Playing a small margin for limited gains is better than going for a big buy.
>>1102626
rebate trading with algos also working
>>1104663
You're absolutely right. I unfortunately don't have the money to back even smallish positions in top traded securities, so I tried small amounts of options gambling. Even if i had enough money to cover being short, say, spy options, I'd be too scared to do it
