Hey biz I'm new to trading altogether. I am recently retired from the navy and have literally nothing to do. I thought to start trading maybe and msde a robinhood account on a other anons suggestion. Lurking different stocks eight now while i wait for them to do the verification deposits in my account.
So thing is, besides buy low sell high and basic knowledge and research of the company you are trading is there anything else I should know?
Pic partially related, the recent debacle with shadowbanning and twitter had them lose 20 percent jn a day and it got me interested in possibly trading stocks.
Check out Stock Market General /smg/ unless you want your thread to get flooded by Crypto kids.
Everything I've personally learned from trading I've learned in relation to cryptocurrency so I can't help you. I'd say: read up on investopedia about different TA patterns, practice doing technical analysis, lurk, read, read, read, and be lucky. Good luck
Jace Morris
>buy low sell high and basic knowledge and research of the company you are trading is there anything else I should know? Pattern and TA even though it's still bullshit. Not a lot of people can help you with trading, it mostly comes from experience.
Buy low sell high is more of investing, and then again you need a good investing capital and find the right time to hop in.
You are right to buy twitter, it will find a resistance in the downward trend and make a slight increase. You are wrong to think that the drop is only due to shadowbanning controversy.
Christian Sanders
Social media stocks have a long way to come down still, user. I'd hold off on buying for a bit. As someone who deleted all social media years ago I am sceptical about their recovery though.
Alexander Richardson
Every time the price goes down 5% buy a little. Every time the price goes up 5% sell a little.
Jack Rodriguez
Thanks kind user. At least youre not a cryptodick. I appreciate you. Have a picture of a cat.
Oh god no im not buying twitter. Thats retarded. Sure maybe theyll find a resistance but not likely. They are clearly censoring their users and thats hit them pretty hard. Well see monday tho.
Matthew Gutierrez
Buy twitter. Buy Facebook
Leave Snapchat.
Do as this guys says: This is a simple yet effective strategy.
Carson Garcia
It was directly related to it. It dropped 20 percent the day after trumpt tweeted about shadowbanning. Im predicting its only going downhill from here. They wont crash and burn, but they will certainly not recocer from this fully. Not soon at least
Justin Sanchez
Watch yourself, user. Day trading can put you on the hook for short term capital gains taxes. Make sure you know what you're doing before you "try it out".
Grayson Gomez
Day trading isnt really the goal here. Just trading and investing in general. I dont want to touch twotter, its been a pr nightmare for a while now. I want to keep an eye out for its competitora facebook and gab.
Eli Russell
here's all you need to know about trading: it is extremely unlikely you beat the market in the long run. passive investing is your best bet.
Joseph Collins
All S&P500 stocks are on a down trend because of Trump, the controversy just happened to hit a bigger shock on TWTR.
Samuel Hall
>unless you want your thread to get flooded by Crypto kids This OP really needs to be told about crypto though. You can practice trading on crypto, learning how to read charts and movements, and not get blown out of the market and bankrupted. Good luck doing that with "stocks" or F.O.R.E.X.
Gabriel Young
No, i wont touch anything that doesnt have intrinsic value in sweat blood or material.
Chase Mitchell
Don't be a "trader" there is no value in it. Think of the stock market as an easy way to purchase businesses.
Purchase good businesses, at a fair price and hold it or buy more over a long period of time (10-20 years) and you'll do great.
Juan Butler
Buy SQQQ
Adrian James
>Have a picture of a cat. That is one gross bathroom.
Connor Cox
bitcoins have an extrinsic value and its called proof of work (where you stake your energy and computational power to mine)