is it realistic to never have to work if I start with 1100 dollars and trade it really well? Would I be better off trading bitcoin on bitmex with 10-25x leverage or getting into stocks?
Is it realistic to never have to work if I start with 1100 dollars and trade it really well...
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saved
Possible:
yes
Realistic:
no
for when I become a millionaire? so you think its possible
No it's not
Put that 1100 into canopy growth corp and come back in 1 year
go all in NULS right about now and in some months you will be set for life
what if I'm like autistic with it you know and just every trade I make is like boom 10% boom 15% boom im a millionaire
>hate the bankers
>fixed amount
>decentralized
>denominated in fiat
>centralized
>unlimited supply
>hope the bankers save you
20-Apr-2018
Looks like you opted for rage quit
J O O B I L A T I O N
Everything is possible, OP. Is it feasible? Are you a genius savant? Can you think like a whale? Probably not.
wtf did u just say to me? i saved your gif nigger
thank you
He gave you the answer. You could be Rainman's level of autistic and still the same. You're going to have to wagecuck bro.
52% trader turn 3k into 55k in year on forex but that takes insane skill
60% + traders routinely make millions off pennies but they are 0.001% freaks
thank you I'm going for it
if you live in the US forget about it. If you live in a shithole or the cheapest countries in europe, you might.
It seems like you're learning how to trade so start with $100, you will lose a big fraction of your money if you don't
That'll get OP a 2x at best in one year from current share price. Maybe 2.5x if Canopy explodes off some kind of mass fomo hysteria. I'm heavily invested in Canadian weed stocks right now too but let's not be ridiculous.
Good luck
One thing to ask though
Have you ever played competitive video games?
Were you ever a millionaire pker on Runescape?
A rank 1 gladiator on wow?
Platinum rank 1 in LoL?
CAL 1.6 CS player?
and becoming a millionaire through trading? Forget about it unless besides trading well, you know how to get in on the bottom of bull runs, otherwise it will take a long time to become a millionaire with that amount
I already lost it all then dedicated my life to learning the trade. I am on a road back to honor. I don't have to pay bills for a while so thats not an issue.
and you'll lose it again. Do as I say or wagecuck forever. The most likely scenario is you won't make money in your first months until you get used to the pace of markets and finding good strategy and sticking with it. Some fine tuning later you'll be gucci in the best case scenario but it takes time since crypto moves fast but not that fast since a lot of alts prices depend on bitcoin and stuff, most safe trading opportunities are very small percentages
I'll tell you an autistic secret
Create a strategy, on a 5 Min time-frame, shoot for 70-80% accuracy with a profit factor of 2. Backtest it on the previous week, run trades the current week.
You can day trade options with 500$
yes, but need to go 50x leverage at least.
That's a pretty old gif tho