Market is rigged. Trade it anyway.

[Tair]

You still don't get it. Even with paper trading, I've started it on MooMoo and have NO IDEA what I'm doing, what I'm even looking at, and nobody in any video can seem to be bothered to explain it.

Spoiler

It's all just buy! Sell! Bullish! Bear! Chart pattern! Nobody can explain HOW TO READ THE APP. WHAT DOES THIS BUTTON DO, WHAT DOES THAT BUTTON DO, WHAT A RTH+PRE IS, WHAT 'MAX QTY TO BUY CASH" EVEN MEANS, WHATMV/QTY IS, WHEN TO SELL IT, OR ANY OF THIS JUMBLED UP CRAP ALL UP AND DOWN MY SCREEN EVEN MEANS.

And the craziest thing about it all, IM NOT ASKING ANY OF YOU TO EXPLAIN IT TO ME EITHER!

I AM SIMPLY ASKING, THE BASIC, SIMPLE QUESTION, OF:

WHEN YOU DIDN'T KNOW ANYTHING AT ALL, WHERE AND HOW DID YOU LEARN(not asking you, I dont even want your answer at this point because youve proven you cant/wont answer that). THATS ALL IM ASKING, NOT ASKING TO "HOLD MY HAND" OR "TEACH ME"...JUST ASKING WHERE- WHEN YOU KNEW NOTHING, ZILCH, NADA- WHERE/HOW DID YOU LEARN.

Even the breh @Tair can't answer it all he did was post a link to an "ultimate guide to selling options", which I'm sure is NOT where/how he learned to trade which, for what feels like the millionth time, IS MY ONLY QUESTION- WHERE AND HOW DID YOU LEARN TO TRADE BEFORE YOU KNEW ANYTHING

There really needs to be a study on why it's so hard for people to answer the simplest, most fundamental questions

You said you wanted to learn from scratch, I gave you a link to that course in case you didn't want to read a long ass textbook (that is how I learned).

You learn by studying from scratch, and John Hull is a good book to start with. If you want a shorter book, "Derivative essentials" by Gottesman

and, RTH is "regular trading hours" and pre+post = "outside of RTH". You could've figured this out on your own.

If you are serious about trading, you got to be proactive,

 

[Bboystyle]

I'm about to just say screw it and pay one of these scamming, scummy gurus for their course. Went to a Trade With The Pros seminar last year and of course they wanted $1400.00 at the end of it for you to actually join and get taught how to trade. I'm about to just say screw it and do that.

It just pisses me off to the point of blood boiling because I know none of yall did that, yet, yall don't want to say how/where yall learned. @Bboystyle STILL talking about "I looked up videos/resources!".. as if I haven't been doing that for ages and explained to him why that doesn't actually work.

Answer these for me;

Do u know what options are? Do u know how to buy a call or put? Do u know what a stike price is?


Do u have broker? Do u know how to use it and navigate it?

Do u know what support and resistance is?

Do u know what a trading strategy is? If so, do u have one?

 

[bright black]

they got prediction markets (rigged gambling) on yahoo finance now. companies spending hundreds of billions of dollars they dont even have chasing an ai dream. best you can do is get a high paying job or be like me and live modestly. this capitalism shyt is a rigged game and only allows white men to make it to the top

 

[Bboystyle]

@Ray D’Angelo Harris Y'all are saying the same thing. They can't tell you where they started when they didn't know anything for the same reason you feel like you've watched hundreds of videos and don't know anything.

Everybody watches a billion videos. Nobody remembers where they started. All you can do is trade what you know and refine till youre consistently profitable.

Sounds like you got analysis paralysis.

No I don't trade options, but I did have like 650 gigs of forex courses.

I answered and gave him links on videos and resources i used to learn day trading options. I dunno what else to tell the nikka at this point.

Theres only so much u can learn until u start trading and get a feel of things.

U can read all the shyt in the world on trading but until u actually start it, it wont mean shyt...

 

[The Plug]

This is what i do:


30 mins before market, i mark out premarket support and resistance on the 5 min time frame. I also look at the 1hr time frame and mark out support and resistance areas from previous trading days. I then look at the 4hr time frame for the trend(not huge for my strategy but still useful). I then use mztrading and mark major support and resistance levels(call wall and put wall). I also look at dex and gex data to see if its positive or negative gamma so i know if Market Movers will be hedging towards a certain price(only useful if volume and price action arent high. Can set up for a rejection area or a reversal). Market opens, price action moves past the areas i marked, i get into puts if its dipping past support or calls if its rising above resistance. Once im up 10 to 30%, im out. Do this 2 to 4 times and im done. Ill either be up $200 to $500 or down $200 for the day. And i do all this within the first 10 mins of market opening. Have a 67% win rate doing this. Thats it...

This was my profits the past month inlcuding the first 2 days of Feb(havent traded since the 3rd due to vacation):

For those out there who think its not possible or sustainable, it is. Just stick to your strategy and protect your capital like its a business. U will see red days/trades, it happens. Keep your emotions at the door. I do all this with only a 5k portfolio. I do not let it grow due to chances of me increasing size position and over trading. Again, i only do 2 to 4 trades all within the first 10 mins of the market.

What app are you using? I was thinking of doing options trading but a lot of these AI LLMs are p*ssy and scared that I might lose too much money. In any case, 73% is big for two months. Is this purely options or this group that OP is in?

 

[Ray D’Angelo Harris]

That's exactly what I did. I posted it here before, but I started my trading like 2 years ago. I wasn't AI then, didn't know shyt. Then last year around July, I started heavily using AI and I got more than enough answers for what I need and I'm regularly beating NASDAQ / S&P. It isn't 30% yearly returns but when you're new and willing to use AI, it heavily helps.

Treat the AI LLM as a teacher and ask it everything you want. What i started doing was feeding it as much info as I can that isn't confidential.

So i start with a prompt like

"Use web, be comprehensive and rigorous. I'm a novice in investing in stocks and ETFs, but I want to make large returns/P&L. My current budget is $10,000, and I would like a broker that will let me purchase stocks in fractions. Explain to me the concept of stocks, what an ETF is, and search the global market for the best stocks to invest in and best way to invest in. Should I purchase by market, should I use limits? What do they all mean? What stops should I use to ensure I don't lose too much money? Explain how taxes play into stock purchasing. From there we will build a play book geared towards my risk tolerance.

Be thorough in your answer. Don't be incredibly conservative"

This is essentially how I started. Went from robinhood to IBKR and fidelity. Learned the different type of stops and use trailing stops. Current chatgpt, Gemini, and especially perplexity will generate real time graphs for you.

On top of that, if you're regularly feeding it your dashboard from whatever broker you use showing how many stocks you own, volatility, last price, price you bought, etc. It makes the AI response significantly better. Let the AI model know what app or website or broker you're using, send a picture of whatever you're seeing
You have to coach the AI LLM, and some are significantly better than others. That's why I recommended the chatgpt 5.2 thinking mode. Don't use the base model of any AI LLM, they're shyt. Always use the thinking model.

https://nof1.ai/leaderboard

These guys did their automated test using all the different models and chatgpt 5 generally beats most when it comes to investing.

Like I typed you're not gonna get as good as those people who have been doing this shyt for 20 years but as someone new, that 10% returns will be quickly reached. That's where I'm at right now. I didn't pay anyone, and I'm not gonna pay anyone for this shyt because the knowledge is there.

I cannot stress enough that AI will NOT teach me how to trade. Why is that so hard to understand? If I don't know what to ask it, how is it going to tell me? I was watching a Trading View tutorial the other day, FROM THE TRADING VIEW YOUTUBE CHANNEL AT THAT HAHA, and it left out so much crap about navigating it and where to place your cursor or markers or this or that. ChatGPT cannot help with that because it's not looking at my screen!

 

[The Plug]

I cannot stress enough that AI will NOT teach me how to trade. Why is that so hard to understand? If I don't know what to ask it, how is it going to tell me? I was watching a Trading View tutorial the other day, FROM THE TRADING VIEW YOUTUBE CHANNEL AT THAT HAHA, and it left out so much crap about navigating it and where to place your cursor or markers or this or that. ChatGPT cannot help with that because it's not looking at my screen!

Bro, I promise you it can. I just started doing this shyt less than a year ago. If I can learn from it, you can too.

Literally, ask it anything you want. It will be a thorough as you need. Tell it you don't know anything about stocks, you have a million dollars, and you want to learn and it will walk you through with baby steps. These things have come far.

nikka, you can tell me how much you have and I'll ask chatgpt on your behalf and share it with you so you have a place to start.

 

[Bboystyle]

What app are you using? I was thinking of doing options trading but a lot of these AI LLMs are p*ssy and scared that I might lose too much money. In any case, 73% is big for two months. Is this purely options or this group that OP is in?

I use webull. Im not apart of any discord group. I was in OP original discord group back in june and left as soon as a i got the grasp of things. I was basically followong their trades while learning on the side to do it on my own. Took me 3 months before i left and started trading on my own. Been profitable since october. Honestly the biggest thing about trading is strict risk management and not to trade with emotions. Its easier said then done thats for sure. Even now i have a day or two i get frustrated and end up straying away from my strategy. The difference is keeping that to a minimum or nothing at all. The professionals are the ones who can trade and stop when they meet their daily loss 100% of the time. Im at 80% as of now lol.

 

[Ray D’Angelo Harris]

Answer these for me;

Do u know what options are? Do u know how to buy a call or put? Do u know what a stike price is?


Do u have broker? Do u know how to use it and navigate it?

Do u know what support and resistance is?

Do u know what a trading strategy is? If so, do u have one?

Do u know what options are? No
Do u know how to buy a call or put? NO
Do u know what a stike price is? NO
Do u have broker? Would that be WeBull and MooMoo?
Do u know how to use it and navigate it? If by "it" you mean WeBull and MooMoo, NO.
Do u know what support and resistance is?
Do u know what support and resistance is? Vaguely
Do u know what a trading strategy is? I have an idea

What is your point breh?

 

[Mr. Negative]

I answered and gave him links on videos and resources i used to learn day trading options. I dunno what else to tell the nikka at this point.

Theres only so much u can learn until u start trading and get a feel of things.

U can read all the shyt in the world on trading but until u actually start it, it wont mean shyt...

honestly you gave him a rock solid trading plan with a solid win rate. I hope he's not looking for like 90% wins or something. Cause everybody loses.

He just gotta find a trading platform he's comfortable with and get to it.

 

[Ray D’Angelo Harris]

Bro, I promise you it can. I just started doing this shyt less than a year ago. If I can learn from it, you can too.

Literally, ask it anything you want. It will be a thorough as you need. Tell it you don't know anything about stocks, you have a million dollars, and you want to learn and it will walk you through with baby steps. These things have come far.

nikka, you can tell me how much you have and I'll ask chatgpt on your behalf and share it with you so you have a place to start.

Man I'm going to try this ChatGPT mess but Ima be honest, I can feel the frustration boiling up already because I know the questions that I have and I know that a computer cannot grow hands and point to where I'm supposed to place stuff and it cannot see my screen to even know what im even doing!

 

[Bboystyle]

Do u know what options are? No
Do u know how to buy a call or put? NO
Do u know what a stike price is? NO
Do u have broker? Would that be WeBull and MooMoo?
Do u know how to use it and navigate it? If by "it" you mean WeBull and MooMoo, NO.
Do u know what support and resistance is?
Do u know what support and resistance is? Vaguely
Do u know what a trading strategy is? I have an idea

What is your point breh?

Ok so the videos i linked u about options u said u been watching videos like that for a year and yet u still dont know what options are?


Yea breh, u trolling at this point

 

[bright black]

I cannot stress enough that AI will NOT teach me how to trade. Why is that so hard to understand? If I don't know what to ask it, how is it going to tell me? I was watching a Trading View tutorial the other day, FROM THE TRADING VIEW YOUTUBE CHANNEL AT THAT HAHA, and it left out so much crap about navigating it and where to place your cursor or markers or this or that. ChatGPT cannot help with that because it's not looking at my screen!

Could be because there might be risk to giving out advice. I see people saying this is not financial advice and i am not a financial advisor like it is a disclaimer when they talk about that kind of stuff.

 

[Mr. Negative]

Do u know what options are? No
Do u know how to buy a call or put? NO
Do u know what a stike price is? NO
Do u have broker? Would that be WeBull and MooMoo?
Do u know how to use it and navigate it? If by "it" you mean WeBull and MooMoo, NO.
Do u know what support and resistance is?
Do u know what support and resistance is? Vaguely
Do u know what a trading strategy is? I have an idea

What is your point breh?

if you really just wanna throw money away on a scammy course, look up kaycapitals

 

[Ray D’Angelo Harris]

Ok so the videos i linked u about options u said u been watching videos like that for a year and yet u still dont know what options are?


Yea breh, u trolling at this point

Honestly dude I've ingested so much crap info I get them all mixed up now. Options, futures, stocks, it all started just meshing together into a blob a long time ago. Only thing I know for sure is forex because that's money. And crypto of course.