[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 24 KB, 657x527, 1546904445067.jpg [View same] [iqdb] [saucenao] [google]
12436558 No.12436558 [Reply] [Original]

If the great majority of traders lose money and I am not a good trader I'm gonna lose money too. So I should always do the opposite of what I would've done and I will make money?

>> No.12436570

It's not about doing the opposite, you need to do what you are doing but with more skill. Trading technique isn't binary. It's not as simple as buy or sell there are nuanced strategies that advanced traders use that you won't even be aware of.

So to put it another way even if you did the opposite you'd still be fucked.

>> No.12436573

>>12436558
Then you’ll have to do the opposite of the opposite of what you were gonna do. It’s a never ending cycle of second guessing yourself and losing money.

>> No.12436575

>>12436558
no. if you're not a good trader and don't have time to learn you should earn through other means and invest what you can afford to lose.

>> No.12436698
File: 51 KB, 657x527, 1594357860481.png [View same] [iqdb] [saucenao] [google]
12436698

>>12436558

i'm thinking up just putting all the options i'm weighing up on a certain trade into a random selector. i'd be surprised if it somehow worked out worse than the way things usually go.

>> No.12436708

>>12436558
a good trader doesn't lose money alot, maybe once in a while but thats cause its a risky investment. Just invest in things that are 100 percent, aka a dollar into two, its not hard

>> No.12436717

>>12436558
Yes. It worked for me. I would always fomo in and buy the exact top and then panic out and sell the exact bottom. When I started doing the exact opposite and trading exact opposite of my gut, I started making money.

The problem is once you start doing this for a whole and git gud, your instincts sometimes turn out to be right and you still do the exact opposite.....