I’m usually hesitant to share but I’ve been doing commodities trading. There’s a humongous amount of BS out there about trading or day trading but the fact is that people do it and make it, and my best friend being a consistently profitable trader for the last 4 years didn’t help my skeptic case… At any rate, turns out that the challenge of trading is less of a technical or financial one. Sure, one needs to understan…
> doing commodities trading. Game is rigged for big players. You are gambling. > best friend being a consistently profitable trader for the last 4 years didn’t help my skeptic case… Last 4 years have been a boon for day traders. Any idiot with a decent sized portfolio and appetite for risk can make a living. However you are literally staring at graphs all day. Not very fun or rewarding or contributing much to society…
This is funny tho
> Game is rigged for big players. You are gambling.
That’s the whole point of the thing, I’m not playing their game! Look at, say, wheat… a report comes out with adjusted supply/demands (USDA releases those), then if players need to buy/sell a few million bushels of wheat… well, you don’t buy/sell a couple million bushels of wheat without paying on slippage…
I’ve made money exactly that way from “big players”. We are not playing the same game at all!