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>tfw made over $600,000 last week after 2 months of successful

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Thread replies: 12
Thread images: 2

File: PORTFOLIO-NET-WORTH-12-29-2016.jpg (22KB, 685x380px) Image search: [Google]
PORTFOLIO-NET-WORTH-12-29-2016.jpg
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>tfw made over $600,000 last week after 2 months of successful daytrading
>and then lost it all

JUST
>>
>>1689274
What were you trading and with what strategy? This can happen pretty easily with options if you were trading condors.
>>
File: DSC_0101.jpg (52KB, 425x640px) Image search: [Google]
DSC_0101.jpg
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Tell us more tales of valor, Oh Mighty Wolf of Wall Street.
>>
>>1689274
There is actually a mathematical theorem that proves this is an inevitability. You have to be really careful in this game knowing you can easily lose everything at any second.
>>
>>1689274
Oh shit I got the date wrong for the filename.

>>1689275
>>1689280

Guess I fell for the Technical Analysis meme.

I used
>MA crossovers 50 and 200 SMAs
>CCI at 20
>MACD at 12, 26, 9

Basically I went short on a false short signal. The small MA was lower than larger MA, CCI and MACD showed a negative divergence, but then the price suddenly went to the moon a few days later. I was using excess leverage yeah, but it was no more or less than what I was using for the past 2 months,
>>
>>1689285
>excess leverage
lol
>stock chart settings
lol
>>
>dat spike at 400k.

you had enough warning.
>>
>>1689285
thanks cutie, will learn how to use it and stop before greed uwu
>>
>>1689274
cuz u sleepin on ur brokerage account
>>
>>1689285
>shorting with that amount and leverage >instead of buying puts
>>
>>1689274

>tfw it's demo
>tfw your account is less important than toilet paper
>>
>>1689285
Alan?
Is that you?
Thread posts: 12
Thread images: 2


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