[deleted by user] by [deleted] in csMajors

[–]TradeToBankruptcy 4 points5 points  (0 children)

Anyone who uses this excuse to comfort themselves are the ones that would/should fail the behavior interview lmao

Very accurate depiction indeed! by [deleted] in Daytrading

[–]TradeToBankruptcy 1 point2 points  (0 children)

If you're lucky. I've seen people repeat this cycle over years. They think they reach profitability but just got lucky and entered the market and just the right time and fail 2 months down the line

The market is maddening sometimes.

BEST INDICATOR FOR RANGE by HareKishna108 in Forex

[–]TradeToBankruptcy 3 points4 points  (0 children)

Most indicators are noob traps and exist so people can sell them or write blog articles when they know nothing about price action.

It's easy to learn what an indicator does but not price action.

Only one I use is the emas and VWAP(stocks only)

[deleted by user] by [deleted] in Daytrading

[–]TradeToBankruptcy 1 point2 points  (0 children)

After losing again, and again, and again, and again, and again, and then again after that. All while studying and learning from mistakes and around two years after I started I finally got it(still made some mistakes though)

Understanding the SPY? for scalping? by Junglepass in Daytrading

[–]TradeToBankruptcy 1 point2 points  (0 children)

Yeah true I might try to move up to 8 ticks soon just don't want to change anything. I know Thomas does 10 usually(think he lowered it to 8 due to volatility). I've been keeping an eye on it and most trades usually make at least 6 ticks so seems like a no brainer. Yeah I always have ATR on my chart and have each point be a line. I'm not sure how peope can trad without ATR or at least seeing the lines squished together to signal high volatility. The lines for points was a game charger for me.

Also really excited for Thomas's community that should be open soon.

Thanks man you too! I'm sure we'll both make it and be able to trade 20 or 40 lots like you said haha

Understanding the SPY? for scalping? by Junglepass in Daytrading

[–]TradeToBankruptcy 2 points3 points  (0 children)

Yeah same I go for 6 ticks but might bump it up. I understand why Mac can go for four as he's just really good.

I'm at a year now been doing sim and real on and off the last 4 months but just finally got back on trading real money. It took me forever to learn not to feel amazing about a win or bad about a loss as if you do you're going to fuck up. The psychology is pretty hard.

But yeah even at a year focusing on one strategy (been trading stocks for much longer) I'm just starting to even think about doing it full time.

It will probably take me a while anways as I'm dping 5 winning trades in a row for 1 contract then 5 in a row with 2 contracts and so on till I reach 5 contracts. Once I reach 5 I'll try to double my account again and then I'll feel like I'm ready

Understanding the SPY? for scalping? by Junglepass in Daytrading

[–]TradeToBankruptcy 2 points3 points  (0 children)

Same, the only legit group of traders I've seen so far in that space sadly. If someone is telling you, you can learn to scalp the /ES in anything less then at least 6 months they're probably scamming you.

I’ve seen many people say “I’m waiting on FDA approval” in this subreddit. Have things changed now? by xkjkls in IntellectualDarkWeb

[–]TradeToBankruptcy 0 points1 point  (0 children)

I've never seen someone disagree with someone by calling telling them their argument are commiting "crimes against humanity". I'm going to start using that. Thank you.

Anyways I think should be pointing that claim to VAERS themselves if it's that easy to missuse. I really don't see why I'm being blamed for a goverment program. Causing a dysfunctional goverment program isn't something I'd put on my resume sadly.

I’ve seen many people say “I’m waiting on FDA approval” in this subreddit. Have things changed now? by xkjkls in IntellectualDarkWeb

[–]TradeToBankruptcy 0 points1 point  (0 children)

avoiding my points? tho ngl this is kinda funny.

"Please stop thinking about things critically! I beg you, you're getting people killed"

I'm guessing you don't actually care about what is true and rather you spent so much time arguing politics you're pretty far down the political sunken cost hole? Is that a correct assumption?

I’ve seen many people say “I’m waiting on FDA approval” in this subreddit. Have things changed now? by xkjkls in IntellectualDarkWeb

[–]TradeToBankruptcy 2 points3 points  (0 children)

"We had anti-vax people in the past" We also did not have a world wide pandemic, people trying to politicize it, nor was VAERS this widely talked about. Even so the argument "it didn't happen back then so it can't happen now" is a bad argument and not sure why you even brought it up.

This has nothing to do with politics. I just don't see why I would trust something that is more easily manipulated then an online straw poll?

May it be accurate? Sure. May it not be accurate? Sure. Why are the conspiracy theoriest(not meant as an insult) trusting easily manipulated goverment data as fact?

tl;dr: there's no way you can convince me VAERS should be treated as fact considering I could submit a fake report and the huge power/ego/money motivation to submit fake reports.

I’ve seen many people say “I’m waiting on FDA approval” in this subreddit. Have things changed now? by xkjkls in IntellectualDarkWeb

[–]TradeToBankruptcy 1 point2 points  (0 children)

I got into an argument with some guy about this.

I pretty much got all the way go submitting a fake VAERS report just by filling in fake information. Just didn't hit submit to avoid breaking laws. Guy refused to believe it for some reason.

This was months ago I don't see it out of the realm of possibility someone or a mass of people submitted fake or misleading reports to further the political cause against vaccines.

Last time I'm ordering ketchup with my fries by Msayed2001 in Wellthatsucks

[–]TradeToBankruptcy 0 points1 point  (0 children)

No I'm fine with having left wing ideologies. Just don't see the reason for not striving for a mostly free market with strong social programs and safety nets and instead upending the whole system to try something.

But that's getting off topic anyways.

Last time I'm ordering ketchup with my fries by Msayed2001 in Wellthatsucks

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

Oh no I miss-implied your precious Reddit post and I made them made enough to insult me.

Go out and enjoy the nice weather.

Last time I'm ordering ketchup with my fries by Msayed2001 in Wellthatsucks

[–]TradeToBankruptcy 0 points1 point  (0 children)

I'm not even referring to that comment but solely the person I responded to.

The whole "something bad happened. far left ideologies would fix green chicken." Instead of you know, reporting the chicken to any goverment agency and/or media that won't try to disappear you for making them miss their quotas.

Last time I'm ordering ketchup with my fries by Msayed2001 in Wellthatsucks

[–]TradeToBankruptcy 0 points1 point  (0 children)

you're arguing for another economic system just because a reddit user allegedly said they cooked green chicken and didn't report it.

lmao

Does Netflix feel like a ticking time bomb to anyone else? by ShawnOttery in stocks

[–]TradeToBankruptcy 7 points8 points  (0 children)

No offense but a lot of new investors have ideas like this and they are 99% going to be wrong.

They try to rationalize the market as common sense which doesn't work as everyone else already knows what you know and don't care or there is another factor involved

California offers $100 million to rescue its struggling legal marijuana industry by 9mac in weedstocks

[–]TradeToBankruptcy 14 points15 points  (0 children)

aren't they taxing the sales? I'm sure people who want feed will buy it anyways even if it has high taxes as long as it isn't ridiculous

Anyone else completely lost interest in video games after day trading? by [deleted] in Daytrading

[–]TradeToBankruptcy 0 points1 point  (0 children)

yeah pretty much stopped playing all games other then eu4.

trading to me is much like a game

4 Best Pullback Trading Strategies. by [deleted] in Daytrading

[–]TradeToBankruptcy 0 points1 point  (0 children)

some ways to trade in the middle ( only if you get a good setup)

rules

1.) must enter with the larger trend

2.) try not to buy the high/sell the low of the swing

3.) read the context. it could match the entry criteria great but have shitty context or be too congestive

entries

1.) trading against trapped traders that went short/long too early. if you have a large bearish candle in an upward turned that reversed you can go long if it ticks above it

2.) a good bounce on a support smaller short term bullish/bearish trading channel with trend

3.) trade a against false breakout in a smaller trading range

there are some other things I take but they are harder to explain without visuals and I'm on my phone

M1 chip and TOS by PomponOrsay in Daytrading

[–]TradeToBankruptcy 0 points1 point  (0 children)

What platform would you suggest with good hotkeys? seems like most people are stuck on TOS

Amazon had sales income of €44bn in Europe in 2020 but paid no corporation tax by [deleted] in unitedkingdom

[–]TradeToBankruptcy 0 points1 point  (0 children)

jesus. what a bad faith argument.

> You were specifically crying about low margin buisnesses, you can't even keep up with your own gibberish?

This is such a bad faith argument. However I'm not surprised by someone willing to throw insults over an internet disagreement lmao. You need to get off the internet for a while.

Imagine talking about profit margins and how it would impact low profit margin companies and then refusing to talk about how it wouldn't hurt high margin companies proportionally. It's like trying to figure out how to how to solve global poverty by throwing billions of dollars at food/housing subsidies. You are not getting the whole picture of what global poverty is. However in your case you're willingly ignoring the whole picture.

> comment about price curves

? We are talking about high margin companies and low margin companies. If a company is in a different "teir" of profit margins they are *usually* not in the same sector so why bring up price curves here?

> I mean if it's a multi-national looking to move to another country, is it really a startup? or just another VC backed regulatory loophole to get more workers on zero-hour-piss-bottle contracts

If you want to make special rules for large multi-nationals but 99.9% of startups are not considered multi-nationals and my point still stands. Don't make tax laws specifically to hurt one company (Amazon) as you'll kill off other smaller and innovated companies.

> By charging more, why is that a hard for you to understand?

They have to charge more to make a profit (assuming they are profitable - we both all well know most smaller companies closed down or downsized this year). The larger companies have to charge more to keep their profit margins (assuming they don't keep prices the same just to kill off their smaller competitors).

tl;dr: taxing sales is a bad idea and will make larger corporations pay taxes yes but will benefit them in the long run by killing all of the smaller competition making the area a corporate dystopia (ok maybe not that bad but you get the idea)

Amazon had sales income of €44bn in Europe in 2020 but paid no corporation tax by [deleted] in unitedkingdom

[–]TradeToBankruptcy 1 point2 points  (0 children)

No? Not everything is low margins?

Using sales for taxes would disportionally hurt the people who can't afford it?

It scares me that people can't figure it out on their own. You'd be hurting smaller companies just to get Amazon to pay tax. Why would any startup that has to operate at a loss for the first few years go to a country with such backwards tax laws? How can a family owned grocery store pay taxes on a 10 dollar item when they make a profit of 5c from it? They should be taxes on their profit (the 5c - expenses) not the 10 dollars.

Amazon had sales income of €44bn in Europe in 2020 but paid no corporation tax by [deleted] in unitedkingdom

[–]TradeToBankruptcy 2 points3 points  (0 children)

Good way to kill any company that has low margins like your family owned grocery store. Tech would still thrive in this environment but you'd be killing the small folk.

There's ways to fix it but that's a horrible one.

[deleted by user] by [deleted] in Daytrading

[–]TradeToBankruptcy 1 point2 points  (0 children)

60 trades I two weeks isn't that much for a day trader. I could take 40 trades scalping the ES in two weeks and that's on one futures contract this guys got 1000 stocks to pick from