>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.
If a company has 500 shares available in the stock market that means that the company is divided in 500 parts and whoever buys them all own the company?
biotech is truly the most based sector there's still a ways to go, the entire sector is still very oversold the moment the market starts to recover, biotech is going to rally to the stratosphere
It ain't that simple. Yes you may own a majority (or all the shares) but the controlling power still rests with the board/ceo. Depending on share class you can however vote during meetings for board members, etc. So you can influence how the company does things even if you own just 1 or 50 shares. Some companies limit the voting class shares to only high level employees so that way the "common" folk can't turn around and hi jack the company.
Dylan Morales
interesting
Kevin Ward
Yep. If you see a stock that says "subordinate voting shares" that's what that means. Usually you can still vote on stuff with those but your vote doesn't count as much per share. It's setup like this so subordinate shares can't add up to majority even if they all vote unanimously. This is somewhat common on small cap startups.
An extreme case is Google. It has three stock classes.
A Class - Reg voting power, common type
B Class - Voting w/10 times the power of the other two classes. Founder only shares.
C Class - Non voting, common type, cheapest of the lot.
Xavier Brown
This is why the google (and FB) will never be sold or the way the company does things will never change. Cause no one other than the founders have the voting power. The founders would have to retire, die, or something drastic before anything changed.
Chase Bennett
Yepper. Broke out the descending trend. Monday should be green on either neutral or good news from the G20. Proper bad news is the only thing that can turn this train around now.
>bulls started getting smug right before the October correction >bears started getting smug right before the December rally
market sentiment is a pendulum when people are at their most smug, that's when you know things are going to start going bad for them when people are depressed and about to give up, that's when you know things are going to start getting better for them
Really Buffett claims the best way to go is just dump money into a etf or index fund. Which is not bad cause then you'd get broad market exposure in a simple setup.
Caleb Perez
Touche, S&P500 has been mentioned by him before
Adrian Allen
He specifically says to DCA, and if you're an amateur to accept it and stop trying to be cute.
Logan Perez
>if you're an amateur to accept it and stop trying to be cute
True but if you want to be a trader, you have to trade to learn. With money. And not a small amount. It has to be enough that losses hurt, uncertainty plays tricks with your mind, and gains make you euphoric to the point that you think you're a genius now and can do no wrong. You can learn TA and math and accounting and what have you from books and tutorials. The psychological aspect of trading can only be learned when you're deep in the shit yourself.
>gains make you euphoric to the point that you think you're a genius now and can do no wrong This is kind of why I'm glad, in a twisted sense, that I got into the stock market this year instead of in the beginning of 2017. That year-long bullrun would've caused me to become complacent, and it would've given me a false sense of my abilities. I got JUST'd hard twice this year: once in February and then again in October. I am keenly aware of how much I suck at it.
Similar experience for me as well. I started in 2015, things were going pretty well, bull market ensured my mistakes were recoverable pretty quickly, all going good, then 2016 and holy shit I was not prepared for that. It was a really important learning year for me and I think i've been able to handle this years volatility much better because of that earlier experience.
Levi Ramirez
how did you learn to trade? where do I start?
Jacob Bell
I just jumped right in without reading a single thing. I didn't even know what settled funds were until I got a sternly worded email from my brokerage.
How did you handle the volatility on the market ? I am living the same experience : got rekt in february then PF saw a substantial amount of gains but I hodl and now I am bagholding since it would be stupid to sell this low...
Brayden Nguyen
Download Robinhood or TDA and just go do it. Pick out 5-8 big companies from different sectors and buy shares. Buy some shares in a S&P index and a treasury bond index because they are good benchmarks. Proceed to lose all your money, or not.
My buddy is getting 70k a year to become a tea taste-tester for Chipotle. I'm never going to make that kind of money in a year in my life so I'm just gonna throw it all on gambles and hope one pays off.
Jackson Reyes
prep ur anus bull
Xavier Lee
>How did you handle the volatility on the market ?
A lot of research on how to trade, running simulations to figure out a strategy that worked best for how i wanted to trade, keeping a log of my trades to have a record of my thought process so i could then look back on it later and pick out what part of my strategy at the time lead me the wrong way.
Just a lot of work. Learning how to hedge. Learning how to risk manage. Learning how to stop doing stupid emotional trades. From my phone. When i'm half asleep in bed at market open. Not even looking at charts.
this guy comes in here, starts talking up a storm about shorting women ceos, she got stressed and her condition worsed to death
Jack Smith
slept from 5pm until 2am, now being depressed and moping about unemployment and failing school until i go back to blissful unconsciousness
I got a "friendsgiving" dinner on sunday, so gotta start thinking of what to say when people ask whats new with you, because saying everythings the same but i wish more and more for death every day is probably not a great answer
Really the best strategy for nuubs. 90% of your holdings in s&p, dow, nasdaq, hedge with nikkei, ftse, dax, etc and a percentage in a bond index, depending on your age. The other 10% can be your meme stocks for gambling and learning/experimenting. You will still learn your lessons the hard way but wont go broke doing it.
Jonathan Smith
Absolutely not. The free float (percentage of shares available on the market) is never 100%.
TRUMP DELAYED THE G20 PRESS CONFRENCE CAUSE A FUCKING BUSH DIED
Evan Jones
how does it feel knowing that r/WallStreetBets makes more than you? you guys are honestly pussies for not yoloing
Ryan Walker
1 down, 1 to go
Isaiah Baker
>r/wallstreetbets >the pinnacle of survivorship bias you have to go back.
Thomas Thomas
can someone post a video or explain how stock prices change? all I understand is that the more people buy a stock, the higher the price. But that can't possibly be the only way stock prices change, right?
Nathan Campbell
i started here and went there because ledditors actually have more balls and are smarter than you pussies
stock price is determined by supply and demand
Alexander Moore
People are constantly buying and selling stocks user. When there's more stocks being sold than bought, the price goes down, when there's more stocks being bought than sold, the price goes up. It's simple supply and demand.
Isaac Adams
Or rather I should say, when there's more buyers vs sellers and vice versa.
Christopher Brown
>alienate your core audience >cater to children instead
