>tfw you blew $6000 in daytrading over the course of one year

>>1852298
Kek I wish I could say I knew that feel:)

File: image.jpg (53KB, 728x704px) Image search: [Google]

53KB, 728x704px

>>1852302
I work as a low paid admincuck at a local college. To think that $6000 I blew was actually my money I saved up...

File: 1378481167618.gif (31KB, 411x480px) Image search: [Google]

31KB, 411x480px

>>1852298
>he fell for the stock market meme
AAAAND IT'S GONE.

>>1852310
Ya snooze ya lose :)

I made a few thousands thanks to /biz/ actually

>>1852298
>being Aaron

I loled. 80% of people who day trade lose.

i don't understand how you can lose money in the stock market, you just open your position with 2-5% of your net and wait until there is a 5%-10% profit and take it.

The market has gone up year on year, so if you lost money you're a genius, because you've managed to do the impossible. (ie: go down in a bull market)

>>1852298
>falling for the financial jew

>>1852356
>he doesn't buy high sell low

New to /biz/?

>>1852350
It's about half according to this study.

http://www.cdx3investor.com/ns/articles/apr08_day_trader_research.pdf

I don't know how many of the successful traders beat the market though.

>>1852298

I know part of that feel. Lost a bit over $7,000 last year on a couple bad trades after being somewhat successful prior to it all going to shit. Didn't go broke or anything, but that's a hard pill to swallow. Oh well, another $3K deduction next year and a bit the following. Staying out of the markets for the foreseeable future.

>>1852298
I lost about 2BTC trying to short DASH on margin like a retard.

Luckily that was only out of about 14 BTC which I traded up from 1BTC, I would feel much worse if that money came from wagecucking or something.

I wouldn't recommend getting into the market anytime soon. With Yellin raising interest rates and the P/E ratio average is around 27, the market is due for a correction or at least a dip.

>>1852503
go inverse

>>1852496
Don't let that stop you from trying to short dash

File: 1402583346014.jpg (146KB, 375x550px) Image search: [Google]

146KB, 375x550px

>tfw have 1k to my name
>live with parents
>don't want to get a job at walmart or something
>can't stay here for 4 more years while I go to school and do nothing else.
>only options are to get rich in stock market somehow or work some minimum wage shit show for the next 10 years

>>1852555
All in good time, I shorted the other dash pumps successfully which is why I was so over-confident but this pump has some fishy stuff going on.

>>1852572
Just buy ETH you faggot retard.

>>1852503
>>1852548
this
I'm ready for that JDST spike

>>1852503
How big of a dip you expect? imo the market will continue to grow until at the end of this year periodic recession will hit. Nothing extreme though.

>>1852647
Well there are three scheduled hikes according to the fed. I could see the downturn starting at October

>>1852350
Day trading is hard. I usually aim for the month to 3 month period. The commission costs are a lot if you day trade

File: bbbbbbbbbbbbbbbbb.jpg (30KB, 400x400px) Image search: [Google]

30KB, 400x400px

>>1852298

>>1852503
The indexes aren't a good way to gauge every stock. You just need to choose stocks that are already at their low.

>>1852503
The waiting is killing me, I just want to invest ya know? When will this long awaited dip occur?

>>1852298

Sick bait. Bull market losses means you deserved it.