Day trading is a meme isn't it

ur not alone

day trading bitcoin

Weak hands won't get any gains
Gotta day trade some 1m mcap coins, you'll pull a 2x everyday

that is fucking hot

From jan to march I made 90k day trading. Then revenge trading and losses and with little by little 10k deposits I managed to be down -200k and into credit card debt.

Don't fucking do it please, I managed to trade stocks profitably for 5 fucking years and I blew all my family's money.

Right before october 1st I climbed from 9k (from cc personal loan) to 49k in 2 days leveraging long in wif. I got liquidated by 2 fucking cents like an idiot and blew up the account.

If I just set a stop loss 3 cents below I would have hit my 90k goal to recoup some of my losses.

Now I'm on my last 9k, traded it down to 2.5k and currently climbing at 10k again. I swear this teim it will be different. I just want to hit 50k to pay my 30k in credit card debts and the rest as emergency savings while I go hermit mode trying to study and get a better software dev job.

The only thing that eats me inside is if my family asks about money.

I'm betting it all now on the third week and fourth week of october being historically bullish.

At this point I either make back at least 50-70k to pay off debt and at least have something or go even more into debt and declare bankruptcy.

I literally turned 5-10k deposit into 60-120k multiple times (like 8 times) and managed always to blow my account to 0, how am I so fucking stupid, if just once I took my initial deposit x 2 that would have been enough to satisfy my revenge loss quest.

This meme is literally me with an ex, best sex I ever had though, would use her rebound from every pump to then rebound against the bed so I'd keep plapping her at full speed with not mucv cardio needed and wouldn't coom fast because she fat and she'd scream as if I was a horse expert in sex, which is qo far from the truth it hurts, also she sweat easily and it made everything more hot

reddit
lemme guess you're also "built different"

I'm betting it all now on the third week and fourth week of october being historically bullish.

rip anon

most of the time, i close my position before the end of the day for a gain...but if i had waited til the next day i would have made like 2/3x on the play

third week and fourth week of october being historically bullish

Unfortunately that's already baked into the markets anon. Sorry for your losses, but somebody has to keep the barrel manned and it's not gonna be me.

This. Op didn't wait for any signals. Just jumped in looking for profit.

are you me?
i hate them from the front

wow ok

gambling is based

Keep chasing those losses, chad.

I mean at this point what is there left to lose?
Some 5k when I have 27k in credit card debt + 150k that's nto even mine?

I have literally turned 5k into 60-120k like 8 times, I just never set a stop loss when I was hugely up, my stop loss was always barely above liq price. If I actually manage to get to 50k+ this time I will lock in profits.
Currently up from 2.5k to 15k, stop loss is set at 12.5k.

I have no choice, what's sad is before I used to dream about turning it back around and walking away with profit, now I just want to be able to have -55% instead of -150% so I can at least make it back in 7 years with VOO.

yes sir frfr

just keep going, sirjacksalot on wallstreet bets made over a million in like 2019, then he lost it all in the covid crash and owed like 400k in taxes that he couldnt pay, so he borrowed a bunch of money and then traded it to ~10m in 2021. the moral of the story is most traders stop just before they win it big

I exhausted all my credit options. The only thin remaining if I blow this port is 5k in my stock port.
(I withdrew 120k this year alone from my stock port to crypto)

Well I got stop lossed at 11.5k, which is still a 4x for today but less than 2x of my latest deposit.
I then saw wif mantaining 2.8 again so I went long on that, I got trailing stop losses set along the way but if wif goes on a parabolic 20% day without too many stops along the way I will probably have between 30-40k tomorrow, what I do after is what I don't know.

If that doesn't materialize I will go to sleep with like 10k and just wait for the next opportunity.

The thing I never did before is just wait, I always went for the next and next trade, that's how I rode all accounts to 0.

It's all so cruel, the moment I stop and look at my balance and just start pondering how much money that is is the moment it reverses, and if I actually sell it keeps moving and I end up buying back in at the worst moment.

Can't tell you how many times i had a 50k loss that would have gone to 100k+ for less than 1 percent move.

bro if you just put that into wif without leverage you would make 10x in the next 2.5 months.

even if you do win once. you WIL lose it all eventually. and you will remember this post when you do.

Dont remember this post anon.

Revenge trading will be the death of your chance at a semi-decent life.

revenge trading will bankrupt you, leverage trading is an addiction. its a fairy tale. only 1% of traders make it out with a solid profit and some people choose actual suicide.

Didn't you read my last posts?
I ALREADY LOST IT ALL AND MORE, this is simply a last shot in the dark. Your advice would have been perfect and I knew it when I was down only 30k, hell If I just kept my stock portfolio intact isntead of withdrawing I would have been up 150k on my stock port just this year with 0 trading.

There is no playing it safe here. I'm basically trying to do the exact same thing I have done over 5 times already but this time I will set a stop loss once I have at least 37k which is what I need to not be in debt, another 5k down the drain doesn't make a difference.

The thing is I have done it before, I was down 100k at some point only and managed to go to 90k, but my stupid autistic brain wanted to at least be 10k in profit so I lost it all, now I'm only aiming to be at at a 50-70% loss and not in debt as opposed to 150% down in my total net worth.

I'm basically not playing to win, I'm risking it all to be at a point where I can live like a human being.

And yeah if I played it safe yesterday when I was down to my last 2.5k I wouldn't have 15k in my account right now. I realize it can go against me but my stop losses and new attitude won't allow me to go to 0 again.

I'm basically trying to do the exact same thing I have done over 5 times already but this time

you will lose all your money again

you can still get a 10x on that money if you just leave it in wif without leverage

wif= india coin

Ah I see your problem. You don't know what day trading is, so you entered a trade without having clear exit conditions and now you're holding your dick wishing you knew what to do.

Don't worry, I have the perfect fix for your situation:
Immediately close your trade. Then immediately close your trading account.

isnt it just martingale desu?
double down every time you lose. account for losing around 7 times and the odds of losing are around 0% point something

oh no because the odds would have to be 50%

You bought a declining speculative asset with no inherent value during a time when the economy is entering a recession.

You crypto guys think you're smart or something right? That's what you've been gloating for the last three years about obnoxiously.

Martingale nerfs your returns per trade, forcing you to have many more trades to get reasonable returns.
Alas, all those extra trades increase the odds you'll get more consecutive losses than you can afford, at which point you lose everything.

i just thought of something else but im going tp keep that for myself srry

I have discovered a truly marvelous proof of this, which this margin is too narrow to contain.

this time

says every gambler every time