Why aren't you a day trader user?

Why aren't you a day trader user?

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Because most of them lose money

Not autistic enough to learn TA, I guess

Most people are also stupid. The average day trader is a pajeet. Are you telling me you aren't smarter than most pajeets?

Because statistically 90% of day traders lose their money. Tons of papers on arxiv looking into profitability of day trading

Can you draw trend lines?

What kind of logic is that?

Not really a day trader. I like buying coins at the bottom and waiting for the pump. ALGO is on my radar right now. What a steal.

>arxiv
literally dunning-kruger academics who think they know-it-all. Also, if you found a way to trade profitably, while researching if it was even possible, would you then publish your research after the fact.

Majority of financial papers on arxiv are like the polar opposite of survivor bias. They are failure bias.

I keep seeing the stats of the vast majority of them losing money. I don't really think I can compete with professionals or math PhD's algos.

It's like when people talk about some fund managers beating the market, okay but how do I know they'll do it in the future and how do I know I'll pick the right one? I just rather not.

>Using JavaScript

Not using c++ or java to gain runtime

>buy coin
>wait for pump
yeh i'm sure your sharpe ratio is great bro. Consistency is also a thing. Would rather make $1 a day for 365 days than make $365 on one random day of the year, not knowing what day it would be. Obviously an exaggeration in comparison but the point still stands.

this lmao, Node.js is the slowest shit

Shut the fuck up if you're not going to show how much you've made so far

>I haven't started yet
Then shut the fuck up

>implying that even matters
here is an example of dunning-kruger academic i was talking about.

computation time/CPU is not the bottle neck. It's irrelevant. Main bottleneck is time it takes for request to reach the server and vice-versa. Only need to use c++/rust (java lmao) in backtesting. Even then it's not really necessary because it takes like 5x as long to try out new strategies and code in c++/rust than javascript. Main bottleneck in backtesting is I/O reads - which the libraries are already optimised for anyway.

brainlet.

what are your numbers?
also answering the question i can't program for shit and im an emotionlet

If I knew how to trade successfully and consistently make profit I would be working at a prop trading firm making bank. What have you made so far and how long have you been doing it?

nice B^)

read this

but why? making money on your own is superior to being a slave for some (((bank)))

nice B^)

Because you would make a lot more money than trading with your tiny portfolio.

>(((bank)))
What do jews have to do with this?

They're analyzing the markets in aggregate, not individual traders. The real question here is why would it be advantageous for me to day trade? That only feeds exchanges and leaches running arbitrage bots, there is no advantage in it for me. Also you really need to fix that spacing or go back

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Damn and I thought my code looked like shit. At least you use async/await I guess...
What exchanges are you targeting?