I can assure you: In the crypto space you need both! Knowledge to understand what/why is undervalued or not, as well as how this value could be unlocked. Balls of steel to handle the volatility.
Has anyone turned 5 figures into 7-8 in a few years?
- Thread starter iamnewuser911
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I can assure you: In the crypto space you need both! Knowledge to understand what/why is undervalued or not, as well as how this value could be unlocked. Balls of steel to handle the volatility.
My friend/ ex-colleague turned 30k into $1.1 million in 3 months in '99. He had a remote prop account with 30 to 1 leverage intraday and 10-1 overnight. He got a lot of nervous phone calls from the prop firm that went like: 'Do you really need to hold 50,000 shares of IBM overnight into earnings?' LOL crazy times
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so strategies to make millions are for free on internet? ROFLMAO
why are here then so many losers?
can you post some links to these millions generating strategies?
you clearly don't understand my posting. i will try to explain it very simple:
if you have knowledge, you take the big positions based on the knowledge instead of doing that based on your steel balls. if you have enough knowledge you can even take bigger positions then by having steel balls. knowlegde can make you smarter, steel balls not. but to understand that you need the required knowledge, and that knowledge you clearly miss.
so strategies to make millions are for free on internet? ROFLMAO
why are here then so many losers?
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1. Knowing a strategy doesn't give you balls or patience.
2. As often quoted "I could publish my strategy in the WSJ and nobody would follow it."
3. Why do you think winning strategies are so different from those that are widely circulated?
4. The high % of losers has nothing to do with the availability of winning strategies.
5. etc.etc.etc.
In 2008 and 2009 I had years that anyone would be proud of. Maybe I was lucky. If so, I'll take luck over brains any day.
if you have a very good strategy:
- you don't need balls, as balls are only needed for taking big risks. and taking big risks is reversely related to a very good strategy. a very good strategy limits risk.
- you will have patience, because you know why you should be patient. having no patience is a result of being in a uncertain or very risky situation. basically when you have no clue what you are doing.
this is a typical no brainer, a oneliner. used by people without a brain for people without a brain.
show me some of these strategies, i am sure you will not find any. so they are published nowhere.
as you know these strategies, how many millions did you already make?
maybe ask the profitable traders who made millions or even billions. i never found the strategies they use, they were and will never be published. their returns are a magnitude bigger then what the average trader uses, so they are clearly completely different. your statement is complete nonsense.
Same crazy time now.
Yes! If you hold 500 contracts of IBM strike $150 expires 10-27-17, two days ago, cost:$7,500. Today after earning release, valued at $55,000.
