Better yet, I learned how to make money where I don't have to worry about working for someone else. Learning to trade changed my life.
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Better yet, I learned how to make money where I don't have to worry about working for someone else. Learning to trade changed my life.
Do you play with Futures as well?
I do, haven't been lately because I have been doing my main trading for my family hedge fund and I am trading all options there.
Options are cool one way or another, but the risk is quite high. But, hedge fund is more secure since you balance the pair with multiple trades.
I have been a full time, professional trader for several years at this point, trading just about every instrument you can trade, so I completely understand the risk. I am not one of these memecoin kids 🤣.
Hehe, well said. 😁
Do you use technical analysis or get tips/signals from fellow traders when to invest and when to pull? I haven't tried futures recently, just did some spots.
Primarily technical analysis with some fundamentals and news for stocks. I do not trade based on anyone else's opinion, that shit will wreck you pretty quick. I created my own indicator that gives me my signals when to trade. You can add the free version of the Logical Trading Indicator directly to your charts, then set up buy, sell, take profit, and other momentum alerts.
As far as crypto is concerned, I really only trade BTC and ETH futures. As far as stocks, I have a handful of top end blue chips that I watch, but I primarily focus on selling options contracts for weekly income. It's a simple strategy that makes a lot of money if you do it right.
I need to learn this technical stuff again, I had left when eToro was providing buying internation stocks service for my region but for reasons they stopped offering it to most Asian countries. I had made some good profits simply buying..
penny stocks that grew 2-3 fold in a month. I even tried to learn the basics with a subscription plan, but at that time it was hard to deposit funds in Crypto and Forex markets.
I'll try your suggestion and start with BTC and ETH again.