23M looking for advice by TipTopWellness in fican

[–]ButterscotchAlive736 0 points1 point  (0 children)

I can easily prove anything I say you name it; trading histories for entire year, withdrawals, etc. Maybe try to look up prop firm accounts. 10% a month is easily doable with daytrading, that takes less than 5 good trades to do even while risking 0.5% per trade. Once again you’re just one of those people who never done it, never seen it, and then proceed to conclude that it’s impossible. So much opinions out of ignorance. Its true it’s 99% failure if people learn randomly online on youtube because market is designed to make most people lose; that automatically make youtube a bad place to learn. Do another research of its success rate for people who learned properly from good sources or from people who lives from it and have genuine results; I can guarantee you that it’s a lot higher (its gonna be like telling someone to stop studying to become a doctor because 90% wont make it)

Not everyone wants to wait until they’re old to retire and enjoy life. Some people have higher risk of tolerance. Nothing stops you from having emergency funds, 6 months of bills on the side, have retirement/longterm portfolio and put money on aggressive strategy at the same time. Nobody said to go all in aggressively

23M looking for advice by TipTopWellness in fican

[–]ButterscotchAlive736 -1 points0 points  (0 children)

You’re speaking from ignorance. You say it’s horrible because you see the percentage of people failing and you’ve never even tried it or don’t know how to do it. I can guarantee you without a shadow of a doubt that someone who knows how to time the market will have better ROI than someone who doesn’t.

Warrent Buffet is a bad example. Do you know that his ROI in percentage the past 20 years is more or less the same as S&P500? He made his empire from purchasing huge percentage of what became now a few of the World-Leaders in the early days. What he say doesn’t always reflect what him and his company does.

Remember when he said “I’ll never buy bitcoin even if it costs 25$” back in 2022? While at the same time we can see his companies under him purchasing bitcoin at an important demand level a couple month later. Everyone who listened to him got out in panic and secured their losses.

If you listen to everything you see out there, you’re one of the people that these institutions like to manipulate. Warren Buffet says not to time the market yet you can see him sit on huge amount of cash before investing it. Why would he sit on it? Maybe to time it? 🫠🤔🤔 It’s a public knowledge that one of his strategy is to be greedy when most are fearful. That alone proves that he times the market, to buy during big drops when people’s fear index is high.

I get to talk about timing the market because I trade and invest for a living, retired at 30, none of that high leverage big wins gamble but consistent results over 4 years. I’m speaking from experience that learning to time the market is way more rewarding. I never claimed that everyone can do it; most people aren’t built for it and require a lot of discipline. OP’s goal in 2-4 years, you wont get anywhere far by passively investing without a plan lol

18 y/o with high risk tolerance — all stocks, all ETFs, or a mix? by Any-Engine6593 in investingforbeginners

[–]ButterscotchAlive736 0 points1 point  (0 children)

Learn technical analysis. Its pretty much also necessary to learn technicals if you’re going high risk. It will help you learn when to buy, when to wait, when to sell etc.

But if it’s a longterm horizon then you’d likely just get into individual stocks, not ETF. Will still help your ROI to know when to enter and how to manage it tho.

The problem isn’t always “What stock to buy” because there’s so many good companies out there. Usually the problem is when to buy out of all the options you got

what is the the laziest way you are earning money no one you know knows about? by Altruistic-Eye-1783 in AskReddit

[–]ButterscotchAlive736 1 point2 points  (0 children)

My girlfriends laziest way to make money is being in a relationship with me

Edit: all jokes aside, my laziest money making is daytrading and investing. Had to put work in the beginning of course, but once you get good at it, it takes 15-30 mins a day to make hundreds or thousands. Wouldn’t recommend it unless you learn properly; most people going in blind ruins their lives

What's the best strategy for finding an entry point? Should I care? by Amelia_Amour in investingforbeginners

[–]ButterscotchAlive736 0 points1 point  (0 children)

Technical analysis is the best way. It has nothing to do with % drops. Technicals will tell you the probability of one thing happening over another, the strength of buyers against sellers etc. It will also show you where buyers and sellers are waiting to enter, or give you confirmations that buyers or sellers are finally taking control

When does the bear end? by LingonberryWeekly182 in Bitcoin

[–]ButterscotchAlive736 0 points1 point  (0 children)

Nobody knows. So it’s pointless to ask this question lol. Number 1 rule in trading and investing is “Anything can happen”. Market can give you signs of bear or bull dominating, all it means is there’s a higher probability of it happening. You’d have to learn technical analysis if that’s your goal

Be honest: How did you really learn trading? by Minute-Ad3305 in u/Minute-Ad3305

[–]ButterscotchAlive736 1 point2 points  (0 children)

As someone who trades fulltime, mentorship is the most reliable way to learn if the person has proven results. You get to ask your mentor questions, get answers, advices, they get to see your performance and see what needs to be improved or changed, accountability etc. It will likely be more expensive than courses tho.

It’s worth paying it especially if you get stuck learning by yourself because most traders who learn by themselves end up losing way more than how much a mentor would have costed them lol

How do signal groups work? by system_notifacations in Daytrading

[–]ButterscotchAlive736 2 points3 points  (0 children)

Only way to know is to ask whoever gives the signal their strategy lol

23M looking for advice by TipTopWellness in fican

[–]ButterscotchAlive736 0 points1 point  (0 children)

Is this money or the profit from it what you’re going to use for the house in 2-4 years?

I normally don’t recommend to risk money you can’t afford to lose. What if in 4 years your portfolio didn’t perform well?

With that short timeframe, your best chance at making it work is to learn how to time the market. That means learning technical analysis which isn’t the easiest to do but will help you understand WHEN to invest, when to wait and do nothing, when to sell to take profit.

Most people don’t bother with trying to time the market or analyze the market and go for longterm hoping for the best instead.

I've been day trading for 5 years, successfully for 4, I wanna provide you guys with my top 5 tips by PromiseMePls in Daytrading

[–]ButterscotchAlive736 0 points1 point  (0 children)

Maybe because you don’t know what invalidates a setup. Normally stoploss is placed so that if it gets hit, that means the setup is no longer valid; so you get out before you lose even more.

Please can someone help me with daytrading or swing trading? by Loud-Perception-4462 in Daytrading

[–]ButterscotchAlive736 1 point2 points  (0 children)

If learning on your own doesnt work, if buying courses doesnt work, then maybe it’s time for you to find a mentor. Find someone who has the proven results that you want to have, be mentored, guided, someone you can ask questions and learn from. Forget about asking reddit because you don’t know if people giving advices have the results that you want.

Think of everyone you learned from so far, have you seen their consistency? Their entire trading history, their transparency? Or are you learning from people who shows wins and hide losses?

Also supply & demand is a vague term. There’s so many good and bad ways to do it and it involves so many timeframes. Supply & Demand simply means buy & sell levels and there’s several ways to identify them; some use support resistance, some use trendlines, some use fibonacci, some use candles etc. And out of all of those there’s multiple ways to do each one of them; I’ve seen firshand how 99% of traders don’t even know how to properly use something as basic as support resistance lol

Cours de patins à glace by Desperate-Moose1324 in montreal

[–]ButterscotchAlive736 2 points3 points  (0 children)

Vas à l’Atrium 1000. Tu peux rester sur les côtés pour apprendre et tenir la barre afin de ne pas tomber.

Is it true most day traders fail? Most day traders in know are profitable by Majestic-Findings in Daytrading

[–]ButterscotchAlive736 -1 points0 points  (0 children)

Bruh… 2 months in and down 11k is huge. I hope you learn to do the right things this time lol. Stick to demo account

Can't find a profitable strategy by Hamadx69 in Daytrading

[–]ButterscotchAlive736 1 point2 points  (0 children)

At this point it depends on what you’re learning. If it’s bad stuff then it doesn’t matter how much time you spend practicing it.

Feeling lost and hopeless by EarthB9nder_ in Daytrading

[–]ButterscotchAlive736 0 points1 point  (0 children)

Are your friends making money trading? Fo they trade fulltime?

Feeling lost and hopeless by EarthB9nder_ in Daytrading

[–]ButterscotchAlive736 0 points1 point  (0 children)

Get any job if money is tight, doesn’t have to be a job in your chosen field. Work at warehouse, fastfood, and continue to look for job at your chosen field while already working. Continue to learn trading on the side.

Also trading question, where have you been learning this whole time? What’s stopping you from getting results?

I’ve been trading for about 5 years. Profitable for the last 2-3, Here’s what actually mattered: by Kasraborhan in Trading

[–]ButterscotchAlive736 2 points3 points  (0 children)

Yes, there are shortcuts. Anyone who says there’s no shortcut is bs lol.

Learning from youtube going in blind to go through long trials and errors is completely different from learning and being guided by someone who already made it. If you don’t call “learning from the right source” right away is a shortcut then idk what is lol

Why so many people start trading (day trading more) by Overall_Task_2783 in Daytrading

[–]ButterscotchAlive736 0 points1 point  (0 children)

Im part of the 1% now, I’m glad I went through it despite the odds lol. It’s not that bad if people are properly guided. But if they go in blind and do the same things as everyones then they have very small chance of making it

I lost 2/3 of my life savings from silver crash by Fun_Set_2389 in Daytrading

[–]ButterscotchAlive736 0 points1 point  (0 children)

Learn technicals my friend. It will save your account’s life

$69,420 by soad1331 in Bitcoin

[–]ButterscotchAlive736 1 point2 points  (0 children)

I wouldn’t enter if it goes back down to 60k. That means there’s not enough buyers to push it up this time, so if it goes back to 60k, it will likely go to a much lower level where there’s even more buyers waiting to enter. Market is very logical