Post
Topic
Board Trading Discussion
Re: Indicator for good daily trading performance?
by
bitgolden
on 02/02/2021, 20:08:28 UTC
First of all whatever profits you are having it cannot be considered unfair, those people that say it have never risked a dollar in their lives, you are taking a risk and the bigger the risk the better the payout, people see others making millions and they only see the end result but they never see all the money, time, energy and planning that goes into getting those millions.

Second, you are making good profits already, if you can maintain that progress, something really difficult I must admit, then you will become wealthy over the long term, do not fall in the classic mistake of trying to chase more profits to accelerate the process only to make a mistake and cripple your account to the point that it is almost impossible to recover from it.
That is the real problem with those type of situations, only seeing the end result. For example very recently there is this GME stock and reddit situation right? There is this guy who invested 50k into gamestop back in early 2019 and he has been holding it forever and keeps buying calls with his profits and he has a long thats forever basically without a time end, and he turned his 50k into 35+ million dollars. Now when someone says 50k to 35 million dollars people think that it is luck, or it is just as easy to do that if they bought some as well.

There are so many people who buy GME now and they hope to get rich from it as well just like how user "deepfuckingvalue" did, but the reality is that this dude figured out that this coin would go up a lot waaaaaay before anyone did, and figuring that out and putting 50k on it 2 years before anyone else did is a marvelous move that nobody else could have done. Hence they see the 35 million and they think they could do that too but in reality very few people have the talent and courage.