Bboystyle
FIRE MATT LAFLEUR
link u what?
The Make Money Online Thread
- Thread starter irishfury
- Start date
lol how'd u learn so quick breh?
Bboystyle
FIRE MATT LAFLEUR
Taking the time to learn.
Torenko
All Star
After seeing @Bboystyle 's success, I'm interested in learning myself. I got a pen & pad and have been taking notes from this video. 20 minutes in and it's pretty simple and informative so far. I learned that these trading apps have something called a Demo Account that lets you trade real stocks with play-money so you can build up your knowledge and confidence until you're ready to use real money. That shyt is dope!
I'm trying to learn as much as I can before I give it a real shot; any other good beginner friendly resources would be appreciated
Koichos
All Star
After seeing @Bboystyle 's success, I'm interested in learning myself. I got a pen & pad and have been taking notes from this video. 20 minutes in and it's pretty simple and informative so far. I learned that these trading apps have something called a Demo Account that lets you trade real stocks with play-money so you can build up your knowledge and confidence until you're ready to use real money. That shyt is dope!
I'm trying to learn as much as I can before I give it a real shot; any other good beginner friendly resources would be appreciated
Recommended publication: Bulkowski’s compulsory Encylopedia of Chart Patterns - the bible of trading
Recommended YouTuber: Rayner Teo - The Ultimate Technical Analysis Trading Course (For Beginners)
After seeing @Bboystyle 's success, I'm interested in learning myself. I got a pen & pad and have been taking notes from this video. 20 minutes in and it's pretty simple and informative so far. I learned that these trading apps have something called a Demo Account that lets you trade real stocks with play-money so you can build up your knowledge and confidence until you're ready to use real money. That shyt is dope!
I'm trying to learn as much as I can before I give it a real shot; any other good beginner friendly resources would be appreciated
Really appreciate you brehs! I got some debt to clean up but I plan doing more with stock trading/investing outside of my retirement setup.
Thanks again brehs
MarrieGotBandzzz
Pro
are there any groups I can join to learn more I seen some telegram groups sometimes they ask money but I have no idea if its legit or not ???
Koichos
All Star
Trading groups are weird and scammy. Get yourself a copy of Bulkowski’s excellent Encylopedia of Chart Patterns and watch some Rayner Teo for visual learning.
MarrieGotBandzzz
Pro
Thx I will look into it and rapport back
Ray D’Angelo Harris
Silky smooth
This is what I came here for. I’ve been binging YouTube videos trying to learn how to day trade but there are just too many holes in everyone’s information. How did you learn? Like, from scratch how did you learn day trading?
Bboystyle
FIRE MATT LAFLEUR
i first learned about options through videos and how to trade them. Most the time u dont need to know the technicals on them (like theta, greeks, ect) just understand what strike price is, days until expiration, what in the money and out the money is. Know that 1 contract = 100 shares. I hyper scalp options so im in and out within mins. My strategy i use goes based off of major support and resistance , Gex, Dex, Volume and price movement. I dont do candles or trends primarily (though i use them to see which way price action may go premarket). I learned about Gex and Dex through a discord im no longer a part of. Other than that, its 80% psychology and 20% strategy. Know when to exit, dont revenge trade and take profits based off of support and resistance areas. Most folks like to hold for 50+% gains. I usually am in and out by +10% to +20%. My size position for each trade is usually $500-1k. So a 10% move will net me $50-$100. My portfolio never goes over 6k and never under 4.5k. I usually trade at opening because thats where the most price action is at and im usually done 5 to 10 mins after the bell. Any profits i make, i withdraw immediately so i dont give it back to the markets and i dont over trade. I usually do 2-4 trades a day and im done. Here's a screen shot of my gains and losses this month so far. Noticed how strict i am with my losses, thats the key. U cant trade options if u dont prioritize risk over profits. Been at this for 8 months now, and been consistently profitable for 4 months. Expensive lessons I took but well worth it.
there is a ChatGPT prompt i used to use to help me develop a trading plan that will help those who are just starting. I dont use it anymore as i can mark my own supports and resistance quickly enough just before open but im open to share it for those interested.
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Is this the woof discord?
Bboystyle
FIRE MATT LAFLEUR
yes. I learned from Bowie 1 on 1 and then bounced after 3 months there as i didnt need to follow anyone's trades anymore.
Ray D’Angelo Harris
Silky smooth
i first learned about options through videos and how to trade them. Most the time u dont need to know the technicals on them (like theta, greeks, ect) just understand what strike price is, days until expiration, what in the money and out the money is. Know that 1 contract = 100 shares. I hyper scalp options so im in and out within mins. My strategy i use goes based off of major support and resistance , Gex, Dex, Volume and price movement. I dont do candles or trends primarily (though i use them to see which way price action may go premarket). I learned about Gex and Dex through a discord im no longer a part of. Other than that, its 80% psychology and 20% strategy. Know when to exit, dont revenge trade and take profits based off of support and resistance areas. Most folks like to hold for 50+% gains. I usually am in and out by +10% to +20%. My size position for each trade is usually $500-1k. So a 10% move will net me $50-$100. My portfolio never goes over 6k and never under 4.5k. I usually trade at opening because thats where the most price action is at and im usually done 5 to 10 mins after the bell. Any profits i make, i withdraw immediately so i dont give it back to the markets and i dont over trade. I usually do 2-4 trades a day and im done. Here's a screen shot of my gains and losses this month so far. Noticed how strict i am with my losses, thats the key. U cant trade options if u dont prioritize risk over profits. Been at this for 8 months now, and been consistently profitable for 4 months. Expensive lessons I took but well worth it.
there is a ChatGPT prompt i used to use to help me develop a trading plan that will help those who are just starting. I dont use it anymore as i can mark my own supports and resistance quickly enough just before open but im open to share it for those interested.
Thank you for responding, breh. For real.
All of the bolded are things I have know idea of. I mean I am completely lost reading that, which leads me back to my question of how/where did you learn it? Like even your screenshot, what website is that? And how are you trading on what appears to be a cell phone when I thought you had to have a pc with preferably at least 2 monitors?
I know you said videos but I’ve watched a billion “how to” trading videos and they ALL, without fail, go too fast and are way too vague and leave out a ton of small details that leave me clueless. There was a time when you didn’t know any of those things I’ve bolded, or any other small detail about trading, but there was a way that you learned. My question is just how/where?
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Ray D’Angelo Harris
Silky smooth
@Bboystyle man look at this mess. I done racked up a playlist of almost a hundred trading videos and I’ve watched at least half of them and they all be on the same “vague”, flying too fast through the info type bs. The ones I haven’t finished yet are because they’re like full length courses and are literally 3-4 hours long, but I’m trudging through those as well.
But I’m just tired of having the same old questions and it’s just about little basic stuff that nobody seems to really want to touch on. I need a real source to learn from and I’m not talking about spending $1400.00 on one of these “trading gurus” trading courses. Most people didn’t have to do that they just found the right plug or source for information. It’s frustrating!
But I’m just tired of having the same old questions and it’s just about little basic stuff that nobody seems to really want to touch on. I need a real source to learn from and I’m not talking about spending $1400.00 on one of these “trading gurus” trading courses. Most people didn’t have to do that they just found the right plug or source for information. It’s frustrating!