Submitted by [deleted] t3_yzlcb7 in wallstreetbets
MayoLovinApe t1_ix0ouas wrote
Reply to comment by Narrrrrrrrrrrrr in To the ones that swing trade spy calls or puts or get massive huge gains by [deleted]
All of it is if you really study the markets. I have spent a full year studying it for hours upon hours a day. Its really hard to be profitable if you dont set rules.
These youtubers like day trading addict and carmine rosato are jokes. Theres a new one too. Some little 16 year old that posts +12k profits a day on his videos. Its just them selling their discord to you.
I honestly havent found anything that was profitable other than price action and setting stop losses.
TA is a hit or miss. Usually it does the opposite of what it looks like its gonna do. If you got a bull flag forming usually it breaks down.
I use a little bit of everything besides indicators
This little 16 year old right here lol this shit shoukd be banned on youtube https://youtu.be/SQL2xIsdN5c
Narrrrrrrrrrrrr t1_ix0p535 wrote
honestly even studying the market doesn’t work unless you’re using data extrapolation tools. but i get your gist. the truth is - unless you have access to a terminal and high level connections, you will not have a good shot at being consistently profitable. SIDENOTE: this does not apply to theta gang in the SLIGHTEST.
MayoLovinApe t1_ix0pcw4 wrote
True thanks for insight have a good weekend man
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