Attracting Money From NoFap Hard Mode

Thats a good enough reason The system is built for you to chase after money all your life trough a less than ideal job. You get caught up in a debt trap and are forced to work for money. There is nothing wrong in not being interested in money. Money is not the secret to a happy life.

It is however useful and it gives you the freedom to choose what direction you want to go.

 

Not religious myself, but whatever turns your crank man.

 

hey dude! It says 28 in your profile, if you are 28 year old, then we are the same age, bro! You're an interesting dude! I like your creative approach to making money. I want to complete reading "the intelligent investor" book as well because warren buffet strongly recommends it.

If i were to day trade, what should be my investment if I were to make or loose 50$?

 

I'd suggest thinking over what day trade is. The nature of it comes down to gambling, identical to poker at a casino. There is some strategy, so it isn't like slots, but your chance of winning is relatively low.

 

Hi! Yea I am 28 years old Not financial advice obviously but if you want to day trade I would try cryptocurrencies. Thats the market I am trading at the moment. It is very easy to make or loose a lot of money in a short period of time.

Day trading isnt easy. It requires 100s of hours of learning market psychology and chart patterns. I would recommend reading at least a couple books on the topic if you are serious about trying it. Also, you usually need way more than 50 dollars to be able to make consistent profit from it.

If your plan is to trade for 50 dollar then the general rule of thumb is that that 50 dollars is going to be 1% of your total bankroll. That way, if you know what you are doing, you are guaranteed to never go broke. If you are a loosing day trader you will loose it all sooner or later.

Day trading is a game about probabilities. If you see a chart pattern then it often have a "tag" attatched to it. For example falling wedges. They have about a 70% chance of breaking to the upside but 1 in 3 times they break down. Thats the reason why your bank management strategy is the most important part of trading. No outcome is ever guaranteed.

 

Wow man....i think I know what you are talking about. The trend graphs and stuff. Its sounds like it takes lots of effort and time (100+ hrs) Anyway..I wanna finish reading the Intellient Investor... Its nice meeting you brother!