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Kamikaze_Cash t1_j2dupsl wrote

It looks like you’ve done nothing but lose money for the last 6 months, and without numbers, this doesn’t mean much anyway.

If you’re making 300% in 6 months off a $700 portfolio, it’s not that great. That’s like my monthly dividend income.

If you’re doing this with $80,000 then it’s impressive. But the fact that you’ve done nothing but lose for 6 months shows you why most daytraders lose money.

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mbcls OP t1_j2eq4ry wrote

yeah? and most "investors" made money? how much they made this year? err. how much "investors" lost this year?

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Kamikaze_Cash t1_j2erw2m wrote

Most investors have losses of around 23% this year in accordance with the market decline. They’ll have recouped 1-2% in dividend.

It looks like you lost around 70% over the past 6 months, but your gains earlier in the year make up for it.

I hope you tax-loss harvested effectively or you’re going to owe 6-figures in tax due to all the wash sales.

You’ll have to make some adjustments going into 2023 to change your trend.

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