muathaz03
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Everything posted by muathaz03
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any day trader doing good these days? for me it's almost like impossible now.
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I was going to start swing/short term after budget. now it's ran up too much lol. will wait for the next correction (if at all in the near future).
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go Qatar sir. great salary and relatively easier to get into compared to other arab nations for doctors.
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I doubt the fall was due to budget. all global markets were underperforming too. all global markets are interlinked and it was just a general sell off all over. please correct if i'm wrong.
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no matter how strong the rally is, no matter how much every stock moves up. i always end up in red incurred a loss in the morning session and moved away from the terminal expecting frequent whipsaws and wild swings. now when i check back, even ITC has moved strongly in one direction. as usual, moves happen only when i exit my terminal
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preparing for dispatchhhh!!!
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is this true? o.O 5k a share?
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Well that's the correct way to look at it. to each his own i suppose.
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exactly. that's the plan sounds easy and simple but really isn't. hope experience improves my skill over time. but one problem with very low capital and not using leverage is that one won't learn much from the failed trades. it's only when the loss stings, one actually will go and analyse what went wrong/what could have done better. otherwise it's just like paper trading. just my opinion.
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it looks easy until one decides to do it frequently. maybe one two times beginner's luck is applicable. all beginners including myself think we would do better if we had bigger capital.
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i was going to say that. P.A with volume is the sole thing i focus up on now. at times it feels easy but it really is not. only experience can improve the skill. if there's one indicator i'll learn deeply in the future it's RSI. VWAP and MAs will try soon. like you said not to base my moves but to support them.
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i assume many people there are already millionaires. not from trading though
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only people who assure you of 100% sure return from the market are scammers. there's nothing sure shot in there day trading is the only thing which takes you through every human emotion in a very short time btw I don't rely on technical indicators much (rather not at all). i could be wrong but they are of very limited utility for day trading imo since they are derived from price itself and is lagging. they might be more useful for short/swing/positional trades.
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was hoping finally today would be green after a week. Edit: damn didn't see that. I feel better.
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i was up 5% for the day, was hoping for 10%, stock showed slight weakness, i exited at 2.5%. entered a couple other positions, sl hit. after 10 min i see the first stock behave EXACTLY like i thought it would. ended the day with 1% down. FML. FML. FML. Real legend.
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Very true. i'll try for a couple more months and then see what happens. probably will have to stop day trading at this rate everything is good in hindsight.
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that's awesome. <10% red days!! aren't those stocks very illiquid? much more riskier for day trading i believe? that's very confidence inspiring. those few from college are they full time traders now?
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yep expiry sessions are always volatile but now it's been like this since more than a week. Stocks swinging and SL hunting like indices. totally random moves. well in hindsight it's easy to analyse but realtime since last week it's been extremely difficult. i'll be able to do full time only till march before i have to go back to college. p.s: does anyone actually know anyone irl who has made it in day trading?
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everyday after market closes i tell myself i'm not gonna trade until feb 7. but you know
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Intraday? ahaan. how's it going for you? I'm a very beginner don't know anything about how algos work. which stocks and what TF please? i know leveraging is a suicide mission but i feel one can do well with low capital and leveraging if success rate is at least 60%. and then compound further. edit: equities. not bn or nf options.
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burnt my hands with scalping options. but equity intraday with proper risk management still seems doable. however since the past 1.5 weeks volatility is off the roof and swinging up and down like nothing. just when i thought i finally had a grip, the next two weeks end up like this.
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so nobody does intraday here? would love to have some company for sharing daily loss porn.
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whoops. turns out it was the console's issue. I held the console the console at an odd angle and it read the disc fine. Is this issue easily/cheaply fixable? looks like it has some problem moving the disc into the reader properly. edit: holy sh*t, 55 min to copy the game to console ??! ps5 better do it an a few min.
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Retailnet. this is my first ps4 disc so have no idea.
