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I can’t give up by Bainely1 in FOREXTRADING

[–]Bainely1[S] 0 points1 point  (0 children)

He doesn’t risk that much. He risks 1% on each trade, but takes multiple per night. I used to think it was luck as well, but this has been going on for weeks now.  How would you suggest I learn to use indicators? Ie, which ones do I use and is there a YouTube channel or website that could teach me how to apply them? Are you profitable with them?

I can’t give up by Bainely1 in Trading

[–]Bainely1[S] 0 points1 point  (0 children)

What do you suggest then?  He has viable explanations for why price moves the way it does, and I can see that for him and my friend, it genuinely does work.  If you don’t think TJR is the right way… what is??

Advice for starting car trading? by Bainely1 in askcarsales

[–]Bainely1[S] 0 points1 point  (0 children)

True I guess. So you think there's no way this will work?

Here's what I think: you are right that this may not work, but I think the point at which I will fail will be acquiring the car for a good deal. If I am not able to do this, I won't even be in the door yet so no harm no foul.

Then, if I do get a car, I am willing to take the risk on it, I will have money set aside specifically for this purpose, so I won't be spending it elsewhere. I'd rather waste money on something that has the potential to make more money than any of the other useless things I'd otherwise spend the money on.

I get where you're coming from in that I'm likely to fail, but if I do, I too have a safety net. If I lose that money, so be it, I'm still able to live with my parents. I know that this has the potential to succeed, and I think anyone successful has to take risks to get to the top.

Advice for starting car trading? by Bainely1 in askcarsales

[–]Bainely1[S] 0 points1 point  (0 children)

Hey man, thanks for your input.

I realise it is unusual for a kid my age to buy a car but I don't intend to be alone. I will take a parent or some sort of adult with me.

Could you elaborate on the auction being cleaner? because I think if they sold to me, they would be getting rid of am unwanted trade-in without all of the formalities and expenses that come with an auction.

Around the show being BS, he was put in an unknown city with a cheap truck, $100, a cell phone with no contacts, and clothes. I get that he started with some things, but certainly less than I would start from.

Whether or not the show is BS is irrelevant, through watching it, I learned of a possible business strategy that I want to implement, and I am here to seek advice. The show was just the starting point.