You can know everything about the company, the drug, the management, etc., and you’d end up the exact same sad someone who learned all there is to know about GALTcoin.
/smg/ - Stock Market General
Chase Reed
Jason Williams
Some of you guys are alright, stay away from galt permanently.
Henry Davis
Worst of all, you have no ability to add to or trim from your only position, and because you try to ignore your emotional reaction to how the stock trades, you’re not even learning about yourself.
Daniel Wood
Excellent
Nathaniel Brooks
I'm thinking sideways, maybe mixed trading for tomorrow. CNBC was shilling $PEP as a nice growth stock. I don't disagree entirely, but I'm not gonna go scoop up a big bag just because they bought sodastream and are looking at selling CBD infused meme Pepsi
Tyler Diaz
>But buying one position, all at once, and holding it until it moons is not experience in the stock market.
You know, after a few years experience now I'll say the intermediate trading feel is not that much different from that statement. You're more calculated about entry, you do cost average within your risk tolerance and you (should) use a stop loss. Probably you did some surface DD on the company's financials and assessment of their future catalysts to make sure said company is very unlikely to go belly up while you're holding. All that said, you're still buying in around support and crossing your fingers in hopes that whatever forthcoming news the company puts out will be good rather than bad.
Jaxon Garcia
Intermediate trading is the true patrician race
We will be the last ones standing
Aaron Hill
It also helps to be well-versed and familiar with an industry. For exam, I feel pretty comfortable with low cap tech stocks, but I stay the fuck away from bio/pharma stocks because I don't know shit about their product
Hunter Wood
Unironically BSV, shit feels like destiny, its going to at minimum be the next 1000 dollar coin but perhaps switch places with Bitcoin, if people believe its superior than Bitcoin and made by the same geniuses behind Bitcoin then BSV will take over.
Jordan Scott
>Buffett style value investing by finding an undervalued company and holding through the noise is the same as crypto