tt00
Team Owner
[MENTION=75601]tt00[/MENTION] Do you still have those dollar whatever stocks you had from '13. Cause if you do....
Yes , I do . I re-invest what I earn to make more $$$$
[MENTION=75601]tt00[/MENTION] Do you still have those dollar whatever stocks you had from '13. Cause if you do....
Are you still involved in this? Are you still successful? How did you learn about day trading?
Do you trade on the OTC? Just asking because that's what I do for now. It's volatile but more exciting.Yes , I am still trading . This is were I am at this year still trading PT, I guess I am still doing ok . You can do it start with something anything and its better now than never . Also don't play with money you can't afford to lose / do your research homework and you will be good.
I learned about trading in college teaching myself. Then are started going to meetup groups to sit in with traders who were doing this for a living to learn from them.
Do you trade on the OTC? Just asking because that's what I do for now. It's volatile but more exciting.
I've been paper trading options, but haven't taken the leap.
He thinks he's slick too. . I remember his show when mmj was getting big he had this company on that was tradingJim Cramer is an idiot, Please do not base your trading on what he says. People in the know who trade always do opposite of what he says. It is an inside joke among traders who trade for a living lol
He thinks he's slick too. . I remember his show when mmj was getting big he had this company on that was trading $60 or so the show caused a stir and another price surge then the stock tanked. I think that company got ripped a new one by the sec too.
What resources would you recommend for those interested in trading?
in no order:
bloomberg
investopedia
seekingalpha
sec.gov
the daily paycheck and dividend.com for dividends
gurufocus
no fee drip investing
finviz. msn and yahoo have pretty comprehensive screeners too.
I live on etfdb.com right now because i'm focusing on etfs and capping my roth in 2018.
sorry i've not tried options yet so i cant offer anything (it's on my list), or forex and i don't do mutual funds. i've not done anything with altcoins either.
also many platforms have an education section. i use vanguard. but there are others. Also, some platforms offer no transaction fee's for certain securities.
I also use acorns which i think charges a small monthly fee. buts it's more a set it and forget type of investing.
there are some places you can get stocks with no fee's like loyal3 now foliofirst, robinhood etc. which is cool but the downside is that there is no way to set a buy/sell price? I could be wrong but I didn't see one.
i ignore anything that trades on otc markets. Scammers love talking about pennystocks and get rich schemes. they are bµllsh!t.
No.
I'm waiting for it to crash.
The years are getting later and later it's time to leave people behind and start a new way of living by 2020.
what do you mean by the second part?
Here are a few words from an active investor. If you are new to investing or the stock market. Read as much as you in regards to investor books, stock forums, bloomberg, and other financial . Learn to how to interpret and read stock charts and the various technical indicators analysis tools out there to break down a single individual stock. Like RSI, DMA, MACD, SMA, Volume, and so on as there are tons of them. Learn at least 3-5 of them real well. Know what a limit order vs a market order is. Learn about stop losses and the various types of stops and how it affects you if a certain event was to happen in the stock price. Learn about level 2 . Pickup the Wallstreet journal and IBD from time to time to look at how the overall market is doing and review the sections that cover stock quotes( notice drops /increase in sectors ). There are also different areas you can invest in forex, commodities, ETFs, currency, eminis, regular market NASDAQ/NYSE and so on . Find out which one you want to do.
Also pay attention to what is going on in the news as well as it does affect specific industries at specific times of the year. Learn how to short stocks (Making money on stocks going down in value).
Nothing is the best teacher like hands on. If you don't have the money yet. Play around with simulator stock accounts. Trademonster has these and there are many others only. That is where you get pretend money and you can buy stocks and see how well you do with to test what you learned.
Learn how to manage/ invest your own money because no one has your best interested at heart with your $$$ but you. Do your own research and do not base your investments ever on hearsay from Stock Analysis / These so call experts - CNBC. Never invest money that you cannot afford to lose.
I am a swing trader and sometimes a day trader if opportunity is presents itself at the right moment. Swing trader meaning I only hold stocks for about 1-3 weeks or if the profit presents itself sooner I sell it. I am not a buy and hold person in this stock market. In my opinion the market is too Volatile for that right now.
Also in terms of e-brokerage there are many online find one that fits you and take notice of the fees to buy and sell stocks and other fees they charge to wire in and out. If you use margin to invest do not over extend yourself when buying stocks and never but all your money into one stock spread it out.
This is basically a snapshot of what I have traded so far since the beginning of this year.
Decided I shouldn't get ahead of myself and only invest in some stocks that are set to take off that are below $5
Plan to buy Nept, Aker, Admp, & Crmd. Plan to sell my Walmart & Aldx stock to buy into them. Small loss, but I'll get it right back with cannabis stock.
Here are a few words from an active investor. If you are new to investing or the stock market. Read as much as you in regards to investor books, stock forums, bloomberg, and other financial . Learn to how to interpret and read stock charts and the various technical indicators analysis tools out there to break down a single individual stock. Like RSI, DMA, MACD, SMA, Volume, and so on as there are tons of them. Learn at least 3-5 of them real well. Know what a limit order vs a market order is. Learn about stop losses and the various types of stops and how it affects you if a certain event was to happen in the stock price. Learn about level 2 . Pickup the Wallstreet journal and IBD from time to time to look at how the overall market is doing and review the sections that cover stock quotes( notice drops /increase in sectors ). There are also different areas you can invest in forex, commodities, ETFs, currency, eminis, regular market NASDAQ/NYSE and so on . Find out which one you want to do.
Also pay attention to what is going on in the news as well as it does affect specific industries at specific times of the year. Learn how to short stocks (Making money on stocks going down in value).
Nothing is the best teacher like hands on. If you don't have the money yet. Play around with simulator stock accounts. Trademonster has these and there are many others only. That is where you get pretend money and you can buy stocks and see how well you do with to test what you learned.
Learn how to manage/ invest your own money because no one has your best interested at heart with your $$$ but you. Do your own research and do not base your investments ever on hearsay from Stock Analysis / These so call experts - CNBC. Never invest money that you cannot afford to lose.
I am a swing trader and sometimes a day trader if opportunity is presents itself at the right moment. Swing trader meaning I only hold stocks for about 1-3 weeks or if the profit presents itself sooner I sell it. I am not a buy and hold person in this stock market. In my opinion the market is too Volatile for that right now.
Also in terms of e-brokerage there are many online find one that fits you and take notice of the fees to buy and sell stocks and other fees they charge to wire in and out. If you use margin to invest do not over extend yourself when buying stocks and never but all your money into one stock spread it out.
This is basically a snapshot of what I have traded so far since the beginning of this year.
aldx is a therapeutic company. what was your reasoning?Bumping this thread.
Just bought some stock in ALDX and IGC. Interested in purchasing some stock in CGC, SMG, and AbbVie.
For anyone trying to get into the stock game, they now have fractional shares, which means you dont have to buy a whole share of anything. You can invest as little as a dollar in a company like Chipotle whose stock is valued $882 if you are so inclined. Im doing it through cashapp but I think the most popular way to do it is through something called robinhood
Can you share more info about this fraction share? Like dumb it down.
Ok so, like I said, Chipotle, before you would have to pretty much pay $800 to buy ONE ☝️ share of Chipotle, but now you can invest as little as one dollar and that dollar will go up and down with the market just like the full $800 dollar share would.
I believe the main thing keeping people from investing, is that the shares can be very expensive, however with this you can invest in 20 different stocks with $20. So if you potentially have one stock you bought that turns out to suck, it doesnt turn you off to the entire game.
Ive been doing it through cahsapp, You can probably check it out without having to do much of anything if you have cashapp
*disclaimer, I absolutely dont work for cashapp or anything
like that, I just stumbled upon this and its been working out for me, I think its fun
So what's the return from a $1 investment?
Yes, I have a cousin who is a Stock Broker. He used to handle N.Y. corporate securities, but opened his own brokerage firm on Walnut St. in Philly, my hometown.
He used to do the "StockWatch" news segment for the Tri-State area. He is amazing and has helped me grow an impressive well diversified portfolio.
ETA: Buy stocks like Warren Buffet, with the idea of never selling. Ever.
Arrange your financial model in the form of a wedding cake...
1 months supply of money in your bank account at the top; 6 months supply insured money in the middle layer, and 10 years supply in your foundation, which consists of real estate and equities. Put all the money you make into the middle, and distribute it from there.
I know the thread is old... but here's my two cents.
Stay away from IPOs
Analyst "opinions" on TV are as valid as weather forecast or Steven A predictions lol.
If you hear it on TV or reading it on newspaper, it's too late.
Invest in what your know
If we stay away from IPOs, how can we invest in up and coming companies that seem promising at a cheap price?
I started trading last month and at the close of the market on Friday, I made $500. I am doing this long term and I want to make thousand, or tens of thousands. It seems the way to do this is via IPOs, buying several shares for hella cheap, watching the trends of those companies and holding on to them over the 8 week period. I plan on 'riding the wave' of a few of the stocks I have invested in , ie PK, FUN, TS, for 5 years.
" Volatility’ is perhaps one of the more commonly used words in the investment dictionary. Put simply, volatility drag is a function of the cruel maths that govern the difference between average returns and compounded returns. The idea is very simple, if a portfolio falls in value, it needs to work harder to go back to its initial value. Take for instance, a £100K portfolio. It falls 10% in year 1 and rises back 10% in the following year. The portfolio should be back to the initial amount of £100K right? After all, the arithmetic average annualised return is 0% isn’t it? Well, wrong! The portfolio fell by 10% in year 1, so your initial investment of £100K is down to £90K. To get back to the initial value of £100K, you need the portfolio to grow at around 11%, not 10%. So the portfolio needs to work harder to get back up. If the portfolio only grew by 10% in the second year, it will be back to £99K, not £100K. The £1,000 leakage from the portfolio is down to volatility drag. ''https://finalytiq.co.uk/wp-content/...aging.Final-copy.pdf#page=8&zoom=auto,-82,845
Just wanted to plug my investing blog (just started it a few weeks ago). I left investment banking not too long ago (my specialty is stocks/equity) and love to break down everything about Wall Street to the simplest language that everyday people can understand. My PMs are also always open for follow-up questions!
Investor Simplified
Please feel free to read for guidance on the stock market. Will appreciate your feedback too
Just wanted to plug my investing blog (just started it a few weeks ago). I left investment banking not too long ago (my specialty is stocks/equity) and love to break down everything about Wall Street to the simplest language that everyday people can understand. My PMs are also always open for follow-up questions!
Investor Simplified
Please feel free to read for guidance on the stock market. Will appreciate your feedback too
Just wanted to plug my investing blog (just started it a few weeks ago). I left investment banking not too long ago (my specialty is stocks/equity) and love to break down everything about Wall Street to the simplest language that everyday people can understand. My PMs are also always open for follow-up questions!
Investor Simplified
Please feel free to read for guidance on the stock market. Will appreciate your feedback too
Just wanted to plug my investing blog (just started it a few weeks ago). I left investment banking not too long ago (my specialty is stocks/equity) and love to break down everything about Wall Street to the simplest language that everyday people can understand. My PMs are also always open for follow-up questions!
Investor Simplified
Please feel free to read for guidance on the stock market. Will appreciate your feedback too