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<blockquote data-quote="Faceplanted" data-source="post: 3473651" data-attributes="member: 56697">Be very very careful.&nbsp; 95% of day traders loose.&nbsp; Also every single trade is a taxable event.&nbsp; So short term capital gains will eat up your profit.I personally only leverage trade bitcoin using 3-10x leverage.&nbsp; I just play around, no serious amounts of money yet.&nbsp; You need to literally do months of watching and starting to learn and see patterns, as well as learn to read buy/sell orders, understand candles ect.&nbsp; Tons of stuff to learn.&nbsp; Best part is you can sign up to most bitcoin leverage exchanges as an anon, don’t put in real personal info, and simply cash out proceeds via “localbits” in peer to peer transactions or bitcoin atm machines to avoid the tax man.... this is illegal though of course.&nbsp; I claim everything because illegal things are bad90% of my crypto money is in coins/tokens that I’m holding for the mid term.Concerning real stocks.... you are battling computers that were literally posistioned physically as close as possible to wall st exchange to get info first and make fractional second decisionsGood luck if you do. It can be done successfully if you dedicate your self to it</blockquote>

[QUOTE="Faceplanted, post: 3473651, member: 56697"] Be very very careful. 95% of day traders loose. Also every single trade is a taxable event. So short term capital gains will eat up your profit. I personally only leverage trade bitcoin using 3-10x leverage. I just play around, no serious amounts of money yet. You need to literally do months of watching and starting to learn and see patterns, as well as learn to read buy/sell orders, understand candles ect. Tons of stuff to learn. Best part is you can sign up to most bitcoin leverage exchanges as an anon, don’t put in real personal info, and simply cash out proceeds via “localbits” in peer to peer transactions or bitcoin atm machines to avoid the tax man.... this is illegal though of course. I claim everything because illegal things are bad 90% of my crypto money is in coins/tokens that I’m holding for the mid term. Concerning real stocks.... you are battling computers that were literally posistioned physically as close as possible to wall st exchange to get info first and make fractional second decisions Good luck if you do. It can be done successfully if you dedicate your self to it [/QUOTE]

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