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*Floyd Mayweather voice* Easy work
OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT
- Thread in 'General' Thread starter Started by dey know yayo,
- Start date
*Floyd Mayweather voice* Easy work
Mr.Guy
formerly timidtebow
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I want to invest in stocks. Where should I start? Which website should I use and which stocks should I buy?
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For IPOs like SFM, is it too late to get in?
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+1, sharing is caring
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+1
Any books out there that can lay down a foundation?
gold st capital
Banned
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Already sold, KOG was the stock
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What about the 500k shares of FB... Still holding?
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Anyone get in on V yesterday when it hit $175? I think it could move back to $190-$191 pretty quickly.
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asdad
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gold st capital
Banned
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No not holding Facebook any longer
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I've been watching them since you've been talking then up for some time. Nice run the last few days. The big day is near for you
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I've been watching them since you've been talking then up for some time. Nice run the last few days. The big day is near for you
I would've taken some off the table, but that's just me.
Majorbread
formerly 40inchboost
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How do they do the research though?
I know being a Big 4 auditor has it's perks as we are privy to draft financials ~7-14 days after quarter/year end, which would certainly be a big advantage if you were playing on earnings.
Unless I'm missing something someone please school me
I know being a Big 4 auditor has it's perks as we are privy to draft financials ~7-14 days after quarter/year end, which would certainly be a big advantage if you were playing on earnings.
Unless I'm missing something someone please school me
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gold st capital
Banned
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You are not missing anything. There is no secrete edge. I simply pay a person who knows a lot about trafing an incentive to research (by any means) technical and financial data about companies and make an educated guess.
He has been wrong. I took a position last week in bidu and was wrong.
He has been wrong. I took a position last week in bidu and was wrong.
How do they do the research though?
I know being a Big 4 auditor has it's perks as we are privy to draft financials ~7-14 days after quarter/year end, which would certainly be a big advantage if you were playing on earnings.
Unless I'm missing something someone please school me
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its funny because I told my friend who is a finance major to research etc... and I will give him some profit. He never got around to it. This year I have been calling a lot of earning correct but never had a call on them.
I cashed out of all my stocks and I will start playing with options
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Sold my October AAPL $500 calls. Waiting for a dip to go back in.
Not my pic.
Not my pic.
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FNMA earnings should be fun
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AAPL close above 470 would be nice
gold st capital
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In for 2MM shares Fannie Mae
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I hate working 9-5 so ive slowly cared about stocks lol.
This is how im seeing it as based on my little experience i've had with it so far. Id like to know your opinions on how realistic im looking at these profit margins.
I use some android app to play with stocks with fake money. I start of with 20k.
I start putting 1k each on things the app dev suggests for the day. I see them go up 2 or 3 percent. Leave em on for about a week or two. Add some more. Same thing. Theyre half negative half positive, losing or gaining about 30 40 bucks each. Sell off some cause they were old news anyway. Heard about fb having unexpected earnings. Bought a k the night I heard. Market closed, but I knew it would go up even if it was 4 percent its still an automatic gain. Made ~250$ cause of that crazy spike overnight. Held it for about a couple hours but sold it. Havent been paying attention but I think its still slowly up? Couple days ago sold everything. Was sitting at 19600 lets I dont remember. I read tesla having 8 percent of lux market one night so I bought 19k of it just to see what happens. Id be happy to see 1 percent which I knew that was the bare minimum. It went up 3.someting percent and made like 570$.
I know fb was once in a blue moon and gambling 20k at a time on one thing is ehh but cant I just do this in small doses daily (is this what a day trader is?) and just live off my 1 or 2 percent gains? All I need is 100 bucks a day profit and im good. Then scale from there.
Is this a realistic idea? Seems too easy. If its this easy then ive been in the wrong field lmao. And I know everything I pick wont gain.
I havent taken account of fees to buy and sell and im from canada. My coworker said something about fees to convert to usd too. So if I aim for 100 bucks a day clean. How much do I need to really make...like 120 to 130? I need that kind of info.
This is how im seeing it as based on my little experience i've had with it so far. Id like to know your opinions on how realistic im looking at these profit margins.
I use some android app to play with stocks with fake money. I start of with 20k.
I start putting 1k each on things the app dev suggests for the day. I see them go up 2 or 3 percent. Leave em on for about a week or two. Add some more. Same thing. Theyre half negative half positive, losing or gaining about 30 40 bucks each. Sell off some cause they were old news anyway. Heard about fb having unexpected earnings. Bought a k the night I heard. Market closed, but I knew it would go up even if it was 4 percent its still an automatic gain. Made ~250$ cause of that crazy spike overnight. Held it for about a couple hours but sold it. Havent been paying attention but I think its still slowly up? Couple days ago sold everything. Was sitting at 19600 lets I dont remember. I read tesla having 8 percent of lux market one night so I bought 19k of it just to see what happens. Id be happy to see 1 percent which I knew that was the bare minimum. It went up 3.someting percent and made like 570$.
I know fb was once in a blue moon and gambling 20k at a time on one thing is ehh but cant I just do this in small doses daily (is this what a day trader is?) and just live off my 1 or 2 percent gains? All I need is 100 bucks a day profit and im good. Then scale from there.
Is this a realistic idea? Seems too easy. If its this easy then ive been in the wrong field lmao. And I know everything I pick wont gain.
I havent taken account of fees to buy and sell and im from canada. My coworker said something about fees to convert to usd too. So if I aim for 100 bucks a day clean. How much do I need to really make...like 120 to 130? I need that kind of info.
gold st capital
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FNMA and SCTY lets get it!!
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Put my 2000 shares to shame
Here's my take so far in the 3 months I've started trading:
1) Don't quit your day job. Any money you make from the market should only supplement what you're already making and absolutely should NOT be your primary source of income.
2) Trading using a virtual account is a good start to learning how the market works, but there's no way to simulate the real thing without real money.
3) Don't listen to what other people say. You can use the general consensus as a guide, but do your own research.
4) Don't put all of your eggs in one basket. Ever heard the saying "diversify your portfolio"? I made the stupid mistake of trading on emotion and put damn near 80% of my all funds into TSLA.....luckily I came up +$600 in a few days
I did the same thing for ***** and giggles for SCTY and came up +$400 in 2 hours. I got lucky. Seriously don't do that 5) Averaging +$100/day is definitely doable but it all depends on how much you're putting in in the first place. I think a good rate of return is +10% a year. This year has been REALLY good (almost too good to be true), so I'd be wary of a bear market coming.
Hopefully the more experienced folks can chime in and correct any points I have wrong.
I put my money in the wrong solar company. SPWR
Are you holding SCTY through earnings? Can't wait to see how that and TSLA does.
