Position trading and investing > all short term trading strategies edition
>I'm new to the stock market, what stocks should I buy? Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.
breddy gud day starting to recover from October, added another $100 to my portfolio and used it to buy more WTR i've now invested exactly $1000 into the stock market and am ahead 8.0875% overall since I started in June
Ding ding ding! How did everyone do this week? I’m up .2% today. Today we’re going to a Romano’s in El Secundo, but I’m sick and will just have some tea
Pfft. Acreage Holdings up 19.75% on the day. My stupid broker didn't have it up for sale until noon today and I didn't chase (it was up over 20% at the time). Quinsam Capital, proud over of 160,000 shares of Acreage at a pre-IPO cost average of $6.20, put in a weaksauce low volume doji for the day. Lovely.
Quinsam paid $992,000 for their 160,000 Acreage shares back in May. Those shares are now worth $3,880,000.
it's impossible to time the exact bottom or top, but it's easier to tell when something could be getting close to a bottom or top the key is being patient and not letting your emotions make your decisions for you biotech is a good sector for position trading because it's highly volatile and predictably spikes/drops on catalysts like the results of clinical trials also, the most important things in terms of the fundamentals of a biotech company are how well their drugs perform in clinical trials and how much funding they have (most small-cap biotech companies operate at a loss initially, it's a question of if they have enough money to fund clinical trials, not how much money they're making)
I know you're kidding but still. I think there might be some potential here, aviation ain't going anywhere and if anything healthcare costs will be going up as more and more boomer move into the late stages of life.
Caleb Richardson
5-10 years.
Isaac Sanchez
Not a great week because holding AMD and NVDA But $100 of this week's losses are from crypto
I need to trim down my portfolio soon, either sell some meme bags at a loss, liquidate some crypto, or sell AMZN soon
My one year chart officially went from green to red today, so that's not a great feeling
i am able to buy about $1000 or so a month of index funds between QQQ and SPY, will I make it long term? I dont make a lot of money right now but I save about 35% of it, im tryna retire within like a decade
Extremely unlikely it will happen within 20 years (if ever). GE is unironically a good buy though. My DCF model has fair value at $13. Obviously a lot of risk though.. I started dollar cost avaring in yesterday at $8.
Connor Morgan
Was too busy to do much trading today, still green
Damn son is that Ultrapro Enjoy your speedy retirement
Kayden Hughes
also, you're supposed to hold through short term price fluctuations and focus on the dominant trend with position trading not being emotional is very important
>bearish trend turned flat >then high, higher low, higher high, higher low at present >symmetrical triangle with a doji candle today
Their investments are way up, including aforementioned Acreage Holdings, the profit from which is nearing 300% after two days trading. Last financials were great, EPS 0.11. Current share price $0.31, ATH $1.19. Market cap $37m.
The way to beat fomo is to just keep the money you plan on investing in a savings account, and only buy when there is blood in the streets. You only buy in once a year or even less, but you don't sell and you should end up crushing the market.
Joseph Butler
>holding a 3x leveraged ETF in the long term
I'm a naturally even-tempered person I feel fairly confident in my ability to not get overwhelmed by my emotions and stay relatively calm and collected under pressure, and it makes sense to me to use a trading style where this quality is very useful
Trade the trend, user, not the daily spikies. Swing trading also often involves two or three orders worth of cost averaging on both entry and exit. Daily spikies are the day trader's domain and their goal isn't perfect timing either. Day traders just want a piece of it then they get out and move on to the next thing.
>bought one share of AMZN when it was $990 instead of one BTC when it was at $900
I watched BTC on this board go from $400 to whatever last year's peak was, and repeatedly missed the moon mission
also want to learn to mine something on PC while Im not using it (anything that can make money from electricity and nice PSU/GPU, not only BTC) but am too retarded to trust random strangers on to teach me how to properly
plus the world needs a global currency, and why not some digital meme instead of a government backed thing?
and I know as soon as I dump my crypto they will moon without me again (although I withdrew the last of my bags from coinbase last tuesday, so that was a bit of luck)
also also the plan was to scalp crypto commission free on RH, but robinhood doesnt have crypto stoplosses or stop limits so ive kind of fucked up on that front since i dont stare at the charts 24/7
>and I know as soon as I dump my crypto they will moon without me again
they'll never moon again, the speculative bubble has already hit its top they're addicts desperately chasing a high they'll never get again
it is pretty difficult to scalp without stop losses or stop limits if you aren't constantly in front of your screen hopefully you'll be able to make it work tho
>>they'll never moon again, the speculative bubble has already hit its top >they're addicts desperately chasing a high they'll never get again probably, I was hoping for a breakout up when it broke the triangle this year, but looks like its breaking down instead
ill be fine if it ever gets to $6500 again, but looks like ill need to find some other way to "work" from home or make money from my PC
I remember talking so much shit about crypto in the old /rgh/ or /rgt/ threads whenever crypto was mooning, and now that my stocks are down crypto is too
I cant time shit when it comes to finances apparently, and not enough money to scalp in stock market with daytrades yet
Most the ADRs are right now if you see trade war resolving this year. If not its a fucking money pit investment.
Eli Flores
>Goldman Sachs equity analysts Friday cut their target on GE shares to $9 from $12, and said they do not "see GE as inexpensive given its leverage profile... and tail risk associated with GE Capital."
>The Goldman analysts also said GE's power business sales continue to decline, and they expect 2019 to be another down year.
Regardless that one is good as a long out investment, but I don't like being tied down for years.
Henry Hill
Go for BILI, IQ is still on a long term downtrend after the crash whereas BILI already broke out in Aug.
Jace Kelly
Yep I've been eyeballing their news releases about going public too.
Joshua Wood
BILI is getting fucked in the immediate term by the government heavily controlling the game industry, why would you tell someone to go for it now as if its a safe bet imo. Maybe once they finish legislation but they literally cant release games right now.
Isaac Hall
Wasn't that in October, didn't seem to break it out of its uptrend. The daily candles are bullish as fuck compared to IQ and HUYA.
Mason Bailey
Bili also has communist shrines in their headquarters wish I saved the pics kek
Luis Nguyen
boomers BTFO
Oliver Rogers
How do I make money on retiring boomers?
Cooper Fisher
start a cruise line
Xavier Green
If you wanna talk a few months out we can look at each company, but as someone who has followed daily movement for these ADRS every open hour of the day for months. They are inherently chained together and move 95% on sentiment.
They move together on Chinese Markets and US markets, only breaking from the trend temporarily on their own ER's and on major PR's. The worst part being that on down days in either market they have a really hard time, but when the conditions line up right they easily grab 5-15% in a day. On the same hand when Donald has a mean tweet, or bad news between the nations comes out they get the dick so hard. At our current junction substantive news can boost days from what they would be normal by a couple percent, but bad news will easily and swiftly undo weeks of hard fought progress.
This is not a normal way for them to react but the tradewar has just become the most important factor and none of them can standout on their own beyond "risky chink adr" to any conventional investor.
Nathaniel Brooks
>faggot dem Congressman threatens Americans with atomic weapons What effect is this going to have on my stonks.
Carter James
I've got a great stock for you. FVE
Hudson Diaz
healthcare ETFs
Christopher Cox
Mortitions and graveyards
Jackson Turner
You are going to have to convince me that IQ is somehow more bullish short-med term than BILI, because no matter how much I look at this chart I'm not getting the same message.
Simply put with Chinese censorship and laws about games still being drafted it has more negative PR in the air to potentially hold it back for the next month and a half when things may rally.
That aside as I said it just all moves together and until all this drama is over it really doesn't matter, regardless of how much it should.
Brayden Torres
question about options: is there a way to 100% never touch the underlying stock/index safely?
that is, if i'm trading an option and it goes south can i close the trade w/o risking more than the purchase price of the option
Christian Diaz
Isn't that what derivatives are?
Asher Cruz
maybe i should specify:
if i'm selling a put and it ends up going against me can i close the position and get out before expiration and being obligated to carry out the contract? if so i should only lose the price to close right?
Jose Smith
>when you realize this market is simply gaining rocket fuel for the new all time highs
I made three hundred on nbev back during the run up to that oct 8th conference.
I'm done with dude weed for now.
Adrian Lewis
1000/month into those funds is great
Austin Martinez
Because I was a tard who bought weed stocks at all time highs and now I get the feeling it might be 6 months to a year before I even break even. I probably won't be buying many more weed stocks for a while.
Kevin Smith
>I feel fairly confident in my ability to not get overwhelmed by my emotions and stay relatively calm and collected under pressure kek, the stress an unimaginable watching p/e fluctuate 1k every penny everyone has plan until they punched in face!
