Send CathInfo's owner Matthew a gift from his Amazon wish list:
https://www.amazon.com/hz/wishlist/ls/25M2B8RERL1UO

« previous next »
Pages: 1 ... 5 6 [7] 8 9 ... 12

Author Topic: Do any of you day trade for your living?  (Read 16689 times)

0 Members and 1 Guest are viewing this topic.

Änσnymσus

  • Guest
Re: Do any of you day trade for your living?
« Reply #30 on: October 04, 2022, 12:09:55 PM »
Quote from: Änσnymσus on October 04, 2022, 11:51:03 AM
I like charts that show price is lower on the left side of the chart and higher on the right side of the chart. To me, that is one ugly chart.
Sounds like you're not interested then. Maybe in a month it'll look different but, then again, it's the stock market so maybe not?  lol

Any killer picks to share?
Logged

Änσnymσus

  • Guest
Re: Do any of you day trade for your living?
« Reply #31 on: October 04, 2022, 12:14:32 PM »
Quote from: Ladislaus on October 04, 2022, 11:31:23 AM
You make money for doing nothing, by basically gambling.  You make money; someone else loses money.  
That is a massive oversimplification of how the stock market actually works.
Logged

Änσnymσus

  • Guest
Re: Do any of you day trade for your living?
« Reply #32 on: October 04, 2022, 12:18:35 PM »
Also, lest anyone run away on the usual/typical Cathinfo bashing/rip fest, I mentioned criteria that still has to happen before I get involved.  Ahhh...
Logged

Änσnymσus

  • Guest
Re: Do any of you day trade for your living?
« Reply #33 on: October 04, 2022, 12:32:42 PM »
I'm not saying I'm a genius but yesterday I took out some Call Options on Nokia and this is where it's at.  Of course, the right side of the chart could be lower than the left side, but I've been holding longer than a day so it's technically a Swing Trade/Investment in a real company and therefore moral, I think.

 
Logged

Änσnymσus

  • Guest
Re: Do any of you day trade for your living?
« Reply #34 on: October 04, 2022, 12:46:30 PM »
Quote from: Änσnymσus on October 04, 2022, 12:14:32 PM
That is a massive oversimplification of how the stock market actually works.
Massive oversimplification to the point he's simply wrong.
he says:
Quote
You make money for doing nothing, by basically gambling.
Beginners most often do in fact gamble, but after a while, day/swing traders take the same calculated risk with their capital that all business owners take. Best to stay on your salary. That's not to insult you, it's to say that most people simply cannot handle the uncertainty of it all.
Logged
Pages: 1 ... 5 6 [7] 8 9 ... 12
« previous next »