Tomorrow will be a BRUTAL day in the market

MacBookProHo said:
That's Exactly how the sad reality of social media trading/gurus....plays out,

It's very easy to Devlishly entice and woo.....the dumb, naive, young, inexperienced, and gullible....with Lamborghini's, Rolexes, Homes, Girls, Vacations.....You TOO....can Print Market Money from HOME....it's CoOoOoOoooOlL and AWEsom,

All you have to do....is $$$signup for my chatroom, course$s and s$ubscriptions, and content,
And the rest is history....Everyone Loses, of course. and the Salesman who sold his soul gets Rich.
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Hello MacBookProHo,

You right. You right.

I will say it again and stand on this man. The easiest legal way to get Rich is the Trading Business. It is very easyyyyy.

All a person has to do is charge a fee to sell trading products, books, and software to traders.

It is very true.
 
KCalhoun said:
Choppy af grrr
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There's nothing wrong with choppy markets. Likewise, you shouldn't get excited for a market that goes straight up, or straight down.

You should be very warm and happy with yourself if you've anticipated the general movement ahead of time. And placed a trade accordingly to the spot on the chart line.

Just nailing a small portion of the market, daily, will make someone rich. A trader doesn't have to foretell a direct, obvious, major move up or down, and ride that trend completely.
I knew the market, today, would be generally down/Flat'ish overall. There is a lot of support, dip buyers, inspite of the market indicators and signs saying it's Supposed to be a down moving day.
Ken Calhoun 2022
 
SimpleMeLike said:
Hello maxinger,

Exactly. Trading is a serious business.

This business can cause severe losses so big that it stresses a human and subtract days of their life.

I recently met a trader who is currently down -$120,000 since November 2021. He told me he never sleeps well and have anexity.

Everyone talks about winning and making money. Noone dare talks about how they losing money.
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Everyone has losses. If you know how to trade, you will also, have gains to offset the losses. That is trading in real life. Nobody bats 100%. Only Bernie Madoff claimed that. The best batters in baseball bat 30%. In real life stock trading, you can make monies getting just 40% winners if your gains are large and your losses small. That is why risk management is very important in stock trading. If you do not have a trading edge, you do not have a prayer. Might as well go to Las Vegas.
 
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