and just like in the other thread your "predictions" are getting you in trouble. Everyone only takes trades when they think they will win. If they didnt think they could win they wouldnt take the trade. You know how you cancel out big losses? Take less risk and preserve your capital. You sound like you belong in r/wallstreetbets.
the name of the game is preserving capital not making home runs. Who cares if your gains are limited if you are consistently profitable. Over time your gains will outperform your losses. But hey, you sound like you know what you are doing with an 8k loss, so whatever.
And this requires successfully PREDICTING what will happen >50% of the time. I am unwilling to consider TA as anything more than voodoo nonsense. The answers lie in economic fundamentals, which are a massively complicated topic that even PhD's don't understand fully. Ray Dalio's fund lost 18% this year. What does that tell you?
$8k loss as of today, but also the EIA showed that gasoline demand is up for the week. It's still well below normal levels. $8k = $.063/gallon. I am still watching fundamentals and basing things on that.
You gotta remember this is trading and not charity work. I know some people have free discord channels etc. He's running a biz so he should charge people for the service he provides. That's how it works in capitalism. Now, I think his sub provides stability of income. But since May of this year, he has been on fire. He turned $50K account into over $2M in a matter of months. But remember it took him YEARS and YEARS to get here. He blew up his first few accounts ike everyone. Then got better.
But remember it took him YEARS and YEARS to get here. He blew up his first few accounts ike everyone. Then got better. If you bother to listen to the video posted, then you would have known about his history. I watched that a long time ago and have respect for the guy. He started out with $6K and worked his way up. And staring in May/June of 2020 he turned $50K into $2M in a few months.