30% times 25

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0/10

>>1097918
>Is it really hard to make 30% profit 25 times?

yes

>>1097918
No, it's very easy.
Why, do you think, are the people on /biz/ so rich?
Literally everyone here has at least 2-3 millions.
All they kept doing was what you said in your post.

try focusing on making 5% 50 times

>>1097918
Personally, I found it was easier to just make 700% once, so I did that. Then I figured why stop at $700k, so I started doubling my money every hour which worked out a lot better

30% is easy but things get tough when you scale down to 0.5%. That's where everyone lose their money.

Make -1% 100 times
Make 500% 1 time

>Make 10k working in McDonald's
>With 10k, keep working but start trading until 20k.
>With 20k, you have 4x leverage from your broker
>80k is enough to live comfortably in Thailand and daytrade.

Do it all the time by FOREX trading.

>>1097918
Yes it is really hard and look into options. Good luck

>>1098042
Wtf, I sucked dick for 30 million.

>>1098112
>>1098171
>>1098189
>>1098193

ITT: /biz/ neets casually outperform the most celebrated investors of our time

Top kek fellas, I'm off to /fit/ to hear about how everyone can squat a fucking mountain.

>>1098232

While a do agree with what you're saying, consider this: If you gamble pretty hard in the stock market and you're lucky you can make insane gains. Equally you can crash and burn just like a degenerate in a casino. If you're investing personally, then usually you are much more conservative and take safe slow gains. "the most celebrated investors of our time" are typically dealing with other peoples money and are even more conservative again. They can't afford to fuck up and so take even less risk than they would personally. Or they manage funds with varying degrees of risk outlook.

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>>1098087
> 700% of 1k is 700k

Nah OP its really easy. That's why its impossible for poor people to ever get rich, because as they're easily and successfully turning 1,000 into 700,000 rich people are busy turning their 10,000,000 into 7,000,000,000 with the same easy method.

>>1098243
>and take safe slow gains
>take safe slow gains
>safe slow gains
>slow gains
>gains
As if you have more of a chance profiting if you do it slowly. All it does is let's enjoy the ride for awhile. If you suck at trading, it doesn't matter if you lose money in a short amount of time or a long time. You're still losing money. Might as well take the risk. If it hits than you can invest in ETF's or whatever.

>>1098312

It was just an example. The point was that you can take varying degrees of risk in the stock market, from full on gambling to steady post retirement income.

I was just trying to point out that with enough capital many people have made millions in the stock market. It's not unheard of at all which is what the other guy seemed to be implying.

>>1098322
Of course. I'am sure there a lot of people who have made millions. But you still make the same mistake.
>full on gambling
>post retirement income
Why call one gambling and the other retirement income. Either there both gambling or both can make money.

>>1098312
>All it does is let's enjoy the ride for awhile. If you suck at trading, it doesn't matter if you lose money in a short amount of time or a long time

This is memecoin and memestock central. Preaching to the wrong crowd.

>>1098363

I'm not sure I understand what you're getting at. And I don't think you quite understand the points I'm making. I think were saying the same things, just with different mindsets.

>>1098247

Don't you feel stupid now?

1k => 1%
700k => 100%

Game, check and mate, compadre.

>>1098232
What would be the comparison of steroids vs full natty bruh in trading?

>>1098452

No...he's right, he just worded it kinda funny, but in the form of an equation it spot on.

700%*$1,000=$700,000

>>1099168
Steroids = insider information

Just daytrade your way to being rich.
Let's say you have $25k and a typical stop loss eats $250 (1%), while a typical winner will grant you $750. You can expect to make around $500 a month with that one lot.
Instead of spending it, you reinvest your gains and any spare money you have, keep doing this until you have enough for 2 lots ($50k). Now gains are doubled. Repeat until 75k, then trade 3 lots. Over and over, always with a maximum risk per trade of 1%.

Eventually you'll be rich, as long as you maintain consistent gains.

>>1099209
>a typical stop loss eats $250 (1%), while a typical winner will grant you $750
>as long as you maintain consistent gains
>implying

And why, pray tell, do you expect 50% of your bets to be winners? Statistically speaking, that would only be the case if you capped wins at $250.

>inb4 I'm a wizard who can predict daily variations in the stockmarket

Don't be a shitter, just go to the casino, put down 1000 on red and win 10 times in a row and get $1million bux

>>1098042
This, it is very easy. Think of all the millionaires in the world. There are so many. They all use this one weird little trick.

It looks like you want to bet $1000 at 3/10 odds 25 times. The odds of this happening in a row is less than one in seven hundred and you'd literally be better off taking a 700/1 bet to get to $700000

Doing something like trading and shooting for +30% every time is probably unrealistic. +1% 800 times is easier to do (you need to do less, I'm putting in extra for the odd loss)

>>1099241
I have a winner rate of 48% in daytrading.
I make zero to 3 trades a day.

>>1099296

A winning rate of 48%? So what you're saying is you usually lose on your bets?

>>1100203
Go back to shilling eth threads.

Those are amusing, shill threads being hijacked by other shills.

>>1099179
pls bait

>>1100212
Yes, and I still make money.

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Its very hard but not impossible. In my 5 years of lurking in Forex forums, Ive seen people turned 1k into 1M several times.

http://www.myfxbook.com/members/goodboyfx/pap/1504371