Is all of this just luck? there doesn't seem to be much skill in trading just having the knowledge and being at the right place at the right time...
That's life
>>1316584
thread ended here
>>1316581
>having the knowledge
>just luck
Stick to shrimping Forest
https://www.youtube.com/watch?v=hAQA_29Htts
It's pure luck. 100% gambling.*
*Unless you have info the public doesn't have.
haha nah kiddo
im what they call a value investor :-)
>>1316581
pretty much. the goal is to cut your losing trades short when you're wrong. and let your winning trades run. this way even if you're only right 50% of the time you can still be making money as long as your profit targets are further than your stops.
>>1316711
That's not right at all, the idea is to stop your wins at a certain percentage every time rather than chase them and potentially lose everything. This isn't gambling. Once you buy shares, you're no longer a day trader, you're now a risk manager. You have to learn to think like this or you'll get slaughtered. It may take months or even years, but you're just playing with luck, and it will run out.
>>1316960
It's called cut the losers short and let the winners run. That doesn't mean you can't use stop losses
>>1316581
Options is all skillz baby.
>>1316581
> 1/3 knowledge of the market
> 1/3 tapping into mob psychology
> 1/3 luck
>>1316661
buy ether