Been trading for a year now just trying to stay consistent with my strategy and it’s working took me a while to get my ego in check and stop being greedy. Was aiming for 10k this month and almost already there. Once I hit 10k paying off my tuition and putting the rest in my savings and restarting with 1k. Follow your rules and take profits people there’s always profits in the charts you can scale up once you have the discipline down.

    https://www.reddit.com/gallery/1g49wfo

    Posted by goat33u

    39 Comments

    1. OutsideOwl5892 on

      Trading under performs passive investing over long periods of time for the vast majority of people. Like 90%+

      If you enjoy doing it go for it but most of you will actually lose money “following your rules” than you would if you just set it and forget it.

    2. Heavenly-alligator on

      Everybody’s “strategies” works in the bull market apart from bears obviously. 

    3. Is this a streak now or just one day in the year? Kinda makes a difference to validity of the statement, lol.

    4. Man he’s so wise. Can’t believe it’s that simple. Can you give us an update in 6 months when we actually have a real drawdown? RemindMe! 6 months

    5. Metropolitarian on

      How much of your portfolio are you gambling with? That buying power is scary low for a trade that size, you basically all in?

    6. Learningcurvve on

      See the thing is, you’ll get bored with these “rules” and might even venture into adjusting these “rules”

      For example, an amendment to existing rule:

      > Keep money in account in anticipation of Lambo

    7. Ballislife1313 on

      +70% in one day isn’t the result of a “strategy” that works, it’s something that worked this time and likely won’t the next time you try it. But hey, this is what this sub is all about so congrats on the gains.

    8. Django2chainsz on

      When you do take profits please remember taxes, you don’t wanna get thunked with the long dick of the IRS unexpectedly

    9. The-Night-Raven on

      Lost me at “been trading…” This is a gambling sub. r/investing is over there —–>

    10. banditcleaner2 on

      never fails to make me laugh when wsb thinks +72% in a week is anywhere near sustainable

    11. Putrid_Race6357 on

      People shit on this guy for being excited. Just let him have one day in the sun, boys.

      Happy for you OP. Take profits. Or don’t. Just have a good time.

    12. richreason1983 on

      Don’t mind the haters… I’m pretty sure there are several hundred people if not more on this sub that have a solid strategy that works for them. I have one but unlike you I am not brave enough to say anything. Good on you and hope it keeps paying out. I think because trading is so psychological every person needs a tailored approach to their variables like risk tolerance, ability to take profit, ability to understand resistance and support, etc…

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