If trading isn't just gambling, then how come your not all millionaires right now?

If trading isn't just gambling, then how come your not all millionaires right now?

>But muh starting capital is so low

Take out a bank loan, mortgage your house.

We dont have a house, fuckface

I'm down -7k for 2016 trading options. I'm about to take out a loan trying to get even.

go take out some payday loans then

>payday loans
>10% a month in interest
The guys who run those payday loan agencies are making a shitton, far more than anyone can make in the stock market in an average year

but I thought people here doubled their money trading in a month?

It's still difficult, faggot.

margin loans are far far cheaper than payday loansharking

because you can't predict the future with 100% certainty

Not everyone made 400% gains in the last three months :^)

I am.

who claimed that

pls give money

Does this usually work?

dicks for $

Because it takes too much effort to set up a proper trade with the competition in place you stupid faggot.

I made 67% gain on my portfolio last year (slight leverage 2-3x on a few trades), but it takes too much of an effort to generate returns. Most of my trades take weeks to set up but only last a few hours or minutes.

I just dont have the time or capital for trading to be a proper economic decison for me, and I'd rather spend my time studying and getting an income to support my future wealth.

>I just dont have the time or capital for trading to be a proper economic decison for me
Good call.
It can be profitable with enough resources put in (and I do), but I can guarantee I would be making the same choice as you if I wasn't already retired.

>he doesnt realize that alot of people make a living off trading

Actually am good at tradeing and can live off a 10 grand forex account but my bank won't loan me 100,000 for tradeing. They will loan me money for a car or house but not for tradeing. Maybe I could get a small business loan then just not start the business then trade it and return the loan asap but I'm sure that's illegal

I am a millionaire.

I didn't make my money trading though, that's silly.

most millionaires own businesses, they didn't trade to get rich.

>I'm sure that's illegal
in the US that's felony fraud and will land you in prison. Not that it matters, you wouldn't get the loan anyways. Business loans are much harder to get than Veeky Forums likes to pretend.

trading goes like this:
>have idea
>do a couple fake trades to build confidence
>enter position, it's green, feel great
> trade turns against you, start to feel uneasy, should I sell before it turns red?
>trade goes red, it will go back up, you think
>trade keeps going down, oh I will buy a little more, I'm holding this long term
> trading day ends
> next day stock has gapped down. You panic and sell.
>week later stock is above where you bought it.

...

Damn, how much did you lose?

I am a millionaire thanks.

And before you ask, it was bitcoin.

thats life of people who play on garbage stocks

This

And the timescale is never the same, and it always plays out differently... All apart from the point at which you sell it immediately goes up... EVERYTIME

No you're not

Minimum leverage should be ~x100 for forex. Less for indicies/commodities, and less for individual stocks. Still, that is exactly what leverage does - you borrow money to trade, temporarily, putting up only a small portion of it as safety.

Check out tastytrade. Dough is basically options trading for people too dumb to trade options (most people, me included probably).

"The competition" is exactly why it works, dipshit. You need liquidity to get in and out smoothly.

>$10k forex account
You need more than $1 million after leverage, to trade.. ?

But muh (XX% of people lose) meme :((

There are people that can turn $10 into $1 million or something in almost no time though. But to them, $10k is very little, so they feel at ease when trading it and don't really care. That's one of the real secrets of being able to actually make money trading - keeping your feelings out of it.

Why do you people insist on holding individual stocks? Do you want to lose money? It's not the 90's anymore, quit it with the stocks. There are a million leveraged derivatives of various markets, and you pick the dumbest least flexible, most punishing way to trade, directly owning stocks? No wonder you lose.

Also, more of OPs pic(s). Post full versions, not screenshots of them.

>There are a million leveraged derivative

ok what do you trade? How much you make? I don't really trade, and haven't lost big ever really.

I put all my money in the sp500 a couple years ago and have just been sitting on that. the dividends are nice.

Can you explain that picture for me.

I made 300K last year trading stock index futures (YM, ES). Ask me anything

>daytrading stocks

Futures is where its at my man

>EVERYTIME
Sounds like you're kind of frustrated.
You know it's impossible for this to be happening to everyone, right?

>Business loans are much harder to get than Veeky Forums likes to pretend.

Yep.

The SBA also only really likes to give out loans to companies they think are going to fail. They run a side business repossessing all of the equipment from the majority of failed businesses and then re-selling them back to the next failure.

If you've got a proposal that involves anything food service they'll offer to give you a "good price" on the shit they took from the last guy who's restaraunt failed.

>had them flat-out tell me no on a written proposal because all of the equipment was leased and there was nothing for them to seize if it went belly up.

>Taking out a bank loan
>Mortgaging your home

>Two things that often exploit a persons emotional state of mind in order to succeed

>To then embark on an endeavor you need to device your emotions from in order to make cool, calculated objective decisions.


You's a retarded motherfucker ain't ya?

returns of japanese trader individuals. 10k to 300 million

I would rather invest in kneepads than get a fucking payday loan.

In what part does the word "trading" imply millionaire status will be reached.

What sort of fucking retard are you.

If you could consistently generate a risk-adjusted return better than the market through trading, you'd be a millionaire. Period. Even if you didn't have the capital for your own account, other people who fall over themselves to give you money to invest, and would pay you obscene amounts to do it.

But you can't.

So you're not.

financing loans and mortgages have two major degrees of risk that should be talked about before you use their funds in the stock market.

One, if invested unwisely or, your supposed safe harbors for stock/bonds loses a significant portion of your investment, your dividends and returns will be heavily impacted.

Two, if your funds can't be realized by the ups and downs of the stock market, you still have to pay your monthly loans and mortgages regardless of rough patches in the stock market. If you can't then you end up having to sell your stocks at a loss meaning not only do you lose out on your stock growth and future returns, you also now owe your loan sharks.

How much capital do you have?

After you factor in all. The nigs who dont ever pay you back it breaks even

So... its gambling?

Invest in blue chip stocks. You buy the dip with a company you actually like. Buy it when it has hit near its 1 yer low. Wait a couple months sell and wait for it to dip again. This only works with blue chips though. Ive made 40 % return on my investment this past year just investing in amazon apple and netflix and pulling out when theyve reached some highs, then buying their lows. If your smart you can make alot of money being patient and investing long term.

Literally every financial decision is a form of gambling. Stop being such a fucking pussy

Yes, SBA loans require significant collateral and they prefer real estate plus intangibles.

I don't think they're turning a profit without subsidies, but they definitely cover their ass. The meme where you get a business loan with a good business plan and nothing else is just that-
a meme.

send me ur paypal il take care of it

Lol.
The begging, not paypal

OP IS NOT A FAG!

FUCKING FINALLY!

thank you user. Bless you with monies.

Rich guy traped in a wage cuck body checking in.

Suo faggot daytraders and shitcoiners.

YOU MAD BRO!

So do that...

D
>Dicks for $$$ you say?

That can be arranged. N-nohomo.