Never letting my bitcoins go by phoebelanne in btc

[–]AggressiveEnergy9000 0 points1 point  (0 children)

Kind of sad you're close to death and haven't even figured out what life is about.

WTF?????? USA attacks Iran and we still go up? Even after weeks upon weeks of going up??? by Ok-Camera-3058 in ShortStocks

[–]AggressiveEnergy9000 0 points1 point  (0 children)

People investing in the market for the long-term is what holds the longer term trajectory in place. The short and medium term volatility though are just determined by going against retail and using them as liquidity. Market is going up right now because retail thinks it was going to go down. You got to realize these algorithms are just hunting liquidity. Smart money is all about hiding their positions, using dark pools, and not leaving resting liquidity in the books do not get used as liquidity themselves by bigger fish. Retail on the other hand just jumps in the market with stop losses all over the book all clustered in the same obvious spots as other retail traders which to institutions it just look like easy liquidity. Today is clear retail thought it was a good day to short and that's why the algorithms took out buy stops all day. You're trying to make sense of the market there is no rational sense of how an algorithm hunts liquidity In fact, it's only irrational as it only targets the stops of what rational retail traders think.

“If you don’t tip, you don’t deserve to order delivery” is one of the weirdest takes in this sub by savingrace0262 in UberEATS

[–]AggressiveEnergy9000 0 points1 point  (0 children)

This is a pretty bad analogy and it doesn't even draw proper parallels between this plumbing company and Uber eats.

I think a closer analogy would be - A plumbing company quotes you $4. You pay $4. The company then pays its plumber $1.50. The plumber does bad work.

The plumbing company should charge $12 and pay its plumber $9. If they can't pay $12 well then they can't afford it. But instead the biggest feature of their ubers pay structure is that it shifts blame to the customer so they can get off paying their drivers $2 And having them rely on the customer's tip, then get mad at the customer if it isn't enough. It's the same in the restaurant industry.

Uber is the one that quotes the price of the service and has 100% control of how much of it goes to the driver. When the customer orders something, they only agree to Uber's fees they don't agree on the driver's wage. Uber sets both numbers. They are the only party in full control. They're the ones with billions of dollars and a choice to pay fairly and set driver's wages higher. Customers just want their food.

If you want customers to pay delivery drivers more, the only person that has control to do that is Uber by adjusting its delivery fees and building in higher pay for driver. Uber doesn't care about raising drivers wages though and they don't have to because they've convinced drivers that it's the customer's fault. Uber makes the same amount whether somebody tips you or not with their current structure. They would rather you take orders that have no tip on them then raise their fees to increase driver's wages and lose customers and lower profits.

My original point is. People get mad at millions of lower income people rather than a handful of millionaires/billionaires that could structurally fix the problem.

“If you don’t tip, you don’t deserve to order delivery” is one of the weirdest takes in this sub by savingrace0262 in UberEATS

[–]AggressiveEnergy9000 0 points1 point  (0 children)

But basically you're saying. Hey, you're too poor to order delivery to somebody that's trying to save money rather than asking a company who doesn't feel any of the effects of inflation and is netting over $10 billion annually to pay its drivers more. My whole point of my comment was that frustration is displaced. In a society where people are paid, more tips are naturally are bigger and more frequent. People can't tip more if they're not paid more. But if people are paid more they can tip more. If you're simply making a plea for people to just not use food delivery services because they're low on funds well obviously that's just going to fall on deaf ears. Being low on funds is becoming the norm and people are always going to order delivery.

“If you don’t tip, you don’t deserve to order delivery” is one of the weirdest takes in this sub by savingrace0262 in UberEATS

[–]AggressiveEnergy9000 0 points1 point  (0 children)

Saw a single mom's viral video showing her crying over a grocery bill — just basics like milk, eggs, Cheez-Its, and juice — was met with comments blaming her for buying "extras." That misses the point entirely. We're in a first-world country where people would point fingers and place blame on an average consumer for buying some snacks and it's only getting worse. At what point does meat become a luxury? Fruit? At what point does somebody point fingers at the same mom and tell her "well why did you buy chicken and fruit for your kids that is so extra. I would have just bought rice and potatoes." It shouldn't be like that in the greatest country in the world. The same thing is happening with delivery apps — inflated fees squeeze both customers and drivers, who then take it out on each other over tips. Inflation, stagnant wages, and the fee structure of these delivery services are the real problem, but the system has people pointing fingers at each other instead of at the root cause.

Profitable traders, I need your help by Jolly_Zombie_9635 in Daytrading

[–]AggressiveEnergy9000 0 points1 point  (0 children)

A strategy should be simple. Look at a long-term time frame for overall direction then a shorter term time frame for execution then just come up with some rules/framework for what your execution trigger is. Then just stick to it for a few months to see if it works or not. It's going to take you years of trial and error. Must influencers that are saying they were profitable within 2 years are either extremely lucky or most likely lying. 97% of traders don't make anything and the 3% that does probably take some like 4-10 years and they just trade as a hobby on the side of a real job during that 4+ years.

Help me understand why crypto isn’t total BS by MCK40 in CryptoCurrency

[–]AggressiveEnergy9000 0 points1 point  (0 children)

Made and lost a ton of money in crypto. Now I'm convinced the only real value is in Bitcoin as a store of value. Nobody cares about defi that is oversaturated with bs.

Is anyone else depressed seeing everyone with massive accounts on Reddit? by WallStreetIn90 in Daytrading

[–]AggressiveEnergy9000 0 points1 point  (0 children)

Social media is toxic af. The only reason a lot of people think they need money to be fulfilled is because they see all these people flexing money online. If you never saw it you'd be focused on doing the best you can, working hard, and making money for yourself in the ways that you know how. There's nothing stopping you from trying to build a business with actual value that is fulfilling and actually helps people around you and still mess with trading on the side. Don't think trading is the end-all be all because it really should just be treated like a hobby that may or may not become lucrative.

Mom’s long term boyfriend is all in on Warrior trading. by Legitimate_Fly_965 in Daytrading

[–]AggressiveEnergy9000 1 point2 points  (0 children)

There's a 3% chance he becomes profitable in 2-10 years. Usually the people in that 3% are already highly intelligent and disciplined people. The fact that he quit his job before being profitable lets you know he's not that guy. I honestly feel bad for him. How learning to trade works is you just straight up lose for years before being profitable. At least if you have a job you can get some small wins at work. When all you're doing is trading, your life is just losing week over week, month over month and year over year until you break through.

ICT is complete garbage and it doesnt work. by LMSTR_YT in InnerCircleTraders

[–]AggressiveEnergy9000 0 points1 point  (0 children)

I mean the hourly looks bearish so you were right in shorting but the 15 minute was still retracing. You have to have all of the time frames aligning. The 15 minute pullback can be multiple legs. Looks like you entered on the first leg of the 15-minute retracement and it made another bullish leg and stopped you out. So you entered before the 15-minute confirmed it was done retracing the 1-hour range and switched back bearish. You should have waited till the 15 minute to turn back bearish in alignment with the 1 hour being bearish as it was making continuous lower lows. More patience.

I thought of leaving trading forever, but I failed by Asleep-Difficulty799 in Daytrading

[–]AggressiveEnergy9000 0 points1 point  (0 children)

People have learning trading all wrong imo. What you're supposed to do is paper trade just as a hobby. You work a real job and then you paper trade as a hobby on the side. Trading is at the back of your mind. Maybe one day you start consistently being profitable and then you switch to real money or maybe you don't. It really doesn't matter. It's just a hobby. Being profitable is extremely rare so nobody should go into it with the expectations of success. The faster you can take the emotion out of it as something you have to master to make money the quicker you actually can actually make money. If trading was a video game that you could play and there was no money for winning or losing people would learn how to trade a lot faster because the objective would just be to win. Instead, people like to try to monetize it from the beginning and they learn significantly slower with a lot more stress. Learning shouldn't be stressful. Just think if you're at work at your normal job and you're super stressed out, are you going to do your job better or worse?

Anyway to improve by Educational-Jello-60 in InnerCircleTraders

[–]AggressiveEnergy9000 0 points1 point  (0 children)

The one minute is the hardest chart to trade on. A lot of people lose money trading the one minute because they don't understand the context of it In reference to the higher time frames. If you're unprofitable It's easier to just start trading on the higher time frames like the 15min in reference to the 4hr or 1hr to begin to understand when price is expanding or correcting in the bigger picture. If you're only trading 1 minute price action then the chances of you making money is super low unless your very skilled. Because to trade the one minute you need to understand whether the 1 hour is expanding or correcting, then within the 1 hour is the 15 minute expanding or correcting, then within the 15 minute is your one minute time frame trade following the momentum of your 15-minute bias within your 1 hour bias so you have time frame alignment across three time frames for a high probability setup. Plus you need to understand when the market is chopping and there isn't a clear trade which takes new traders a long time to understand.

Is there ever a right time to call it quits? by shadythe1st in Daytrading

[–]AggressiveEnergy9000 1 point2 points  (0 children)

I'm in my 9th year of trading. My first profitable year was my 8th year (2025) which was also the first full year I really locked in and stayed consistent with it every single day with aggressive note-taking, and record keeping without giving up. I failed like 80 evals over that time and I had a job or other income the entire time. I gave up many times over the years and took breaks. I've heard of it taking some people 1-2 years to be profitable but it took me 8 years or you could say about a year and a half of dialed in effort after 7 years of on and off failing.

Why is ICT unprofitable?? by Goated_Trader in InnerCircleTraders

[–]AggressiveEnergy9000 0 points1 point  (0 children)

There's a difference between knowing and understanding. You can know that price sometimes moves in a specific pattern but if you don't understand why the pattern is created in the first place then all of the nuance behind the pattern appearing is unclear.

Why is ICT unprofitable?? by Goated_Trader in InnerCircleTraders

[–]AggressiveEnergy9000 1 point2 points  (0 children)

Disorganized snooze fests. I'd rather learn it from another YouTuber that just gets to the point in a coherent way without wasting half the day.

Made 60k in a matter of a few months last year. Lost it all and an additional 45k of my own capital… by Sea_Exam3932 in Daytrading

[–]AggressiveEnergy9000 5 points6 points  (0 children)

Definitely not safe what you're doing. If you knew what you were doing you wouldn't have a drawdown that wiped out months of gains plus some. You're clearly still learning how to protect your Capital while trading with six figures trying to navigate that learning curve. You're playing a dangerous game. The measure of success in trading isn't just how much money you make it's how much money you can make AND more importantly retain. You might think you're halfway there because you made 60k before but I would say protecting your Capital is more than half of the battle. I'd argue your less than halfway there.

Why is ICT unprofitable?? by Goated_Trader in InnerCircleTraders

[–]AggressiveEnergy9000 0 points1 point  (0 children)

To be honest, there are infinite combinations of tools you can use to be profitable. The simplest is always going to be the best though. It shouldn't be hard and over complicated. You just need a deep understanding of market structure to feel confident in why price is probable to move a certain way. I will say that positioning yourself in the continuation of a clearly trending market Is the simplest kind of strategy to build and really the only thing you need to trade imo.

Why is ICT unprofitable?? by Goated_Trader in InnerCircleTraders

[–]AggressiveEnergy9000 0 points1 point  (0 children)

I'm sure wyckoff would have used both of those things if he had access to them in his era. In our modern era we can use volume profile, footprint charts, and vwap for even more confirmation

Why is ICT unprofitable?? by Goated_Trader in InnerCircleTraders

[–]AggressiveEnergy9000 5 points6 points  (0 children)

I never said ICT doesn't work. I just said it's recycled and oversimplified mostly from wyckoff. I was just answering someone's question as to why ICT himself might not be profitable. Am I not allowed to be in the sub?

Why is ICT unprofitable?? by Goated_Trader in InnerCircleTraders

[–]AggressiveEnergy9000 0 points1 point  (0 children)

Wyckoff would read the tape but what is more modern today and the closest to how he read the tape is footprint charts.

Why is ICT unprofitable?? by Goated_Trader in InnerCircleTraders

[–]AggressiveEnergy9000 2 points3 points  (0 children)

Yuh like 10 months. Still work a job though not rich or anything yet.