Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .
Fidelity.
Okay. I'll tell you, the market is a vulture. They've been feasting on us hard since uninformed investors with stimulus checks
peeped into the dragon's lair. Well, this is where real education starts. Next time, you won't let the media suck you in. Anything
cryto related has been a beast lately. The only reason I profited from MARA is because I already got had by the system. Good luck.

Ok. I feel you thanks man. I just learned about the "averaging" down strategy on Monday.

I hope it doesn't dip even further. I guess this is just a long haul for me and not an easy double your money play.

SMH.

Yeah, you would think that made sense but it's a textbook noobie juxe. Average up unless you're desperate.

pg. 165-166 from Chapter Nine Trading Strategies Penny Stocks for dummies. Peter Leeds, Publisher of Peter Leeds Stock Picks
 
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New to stocks. Just put $1500 into Robinhood (i know thats crumbs but Im trying to crawl before I walk). Any suggestions on what to jump on? I was gonna do coinbase, disney, hbo (at&t), netflix but after looking at their 52 week high/low.....$1500 might make me like got damn $200 in 1 year. Hahaha. Im fine with risky stocks that MIGHT blow up. I aint trippin if I lose the loot, just rather get in on some hopefuls.
 
Not gonna lie. Messing 100% with Chris Sain messed me up.
I am in FTFT, BGNO,MESA, ZOM, GNOG, GNUS all doing bad right now.
I am feeling upside down and inside out.

Bought COIN at $400 now it is $328

I swear I feel like if I were to buy Google it would dip 50%

Just drop those down in your watch list, for long term holds and then just start over:eek::eek:
 
Not gonna lie. Messing 100% with Chris Sain messed me up.
I am in FTFT, BGNO,MESA, ZOM, GNOG, GNUS all doing bad right now.
I am feeling upside down and inside out.

Bought COIN at $400 now it is $328

I swear I feel like if I were to buy Google it would dip 50%

what i personally do

If less than 10% I tend to eat the loss and solidify into my high conviction stocks

If greater than 30%, unless you need the money,

DCA and lower your cost average or just plane ignore.

I like gnog, mesa and coin in your list

hold long enough, those will come back
 
Thanks my bro. I am gonna hold for the long and just wait. I need to learn patience.

I appreciate you responding to me!

what i personally do

If less than 10% I tend to eat the loss and solidify into my high conviction stocks

If greater than 30%, unless you need the money,

DCA and lower your cost average or just plane ignore.

I like gnog, mesa and coin in your list

hold long enough, those will come back
 
Thanks my bro. I am gonna hold for the long and just wait. I need to learn patience.

I appreciate you responding to me!


last year bull run coupled with the rise and ease of retail investors have skewed things a lot
plus the market this year has been crazy...
unless you are trying to swing them, dont follow your stocks too much

just leave them alone
as long as you havent picked any dodgy Chinese style companies that will go out of business randomly
for the most part you will be good.
might take years, but you already know u shouldnt be investing money you will need soon anyway
 
New to stocks. Just put $1500 into Robinhood (i know thats crumbs but Im trying to crawl before I walk). Any suggestions on what to jump on? I was gonna do coinbase, disney, hbo (at&t), netflix but after looking at their 52 week high/low.....$1500 might make me like got damn $200 in 1 year. Hahaha. Im fine with risky stocks that MIGHT blow up. I aint trippin if I lose the loot, just rather get in on some hopefuls.


easy starter spiel

are you maxing out your work retirement funds?
that should always be number one...
tax advantage before brokerage....

once thats taken care of and you want to start a position
while you do your learning
best is to start with a total market etf like vti, vstax
bogle heads like the three fund portfolio strategy....

When it comes to individual funds

you cant go wrong with investing in companies you use a lot

I use an iphone and mac, so i have stock in apple
I literally pay everything with a credit card, so i have sq
wife watches a lot of netflix, so I have netflix
workout? buy nike

then I have about 25% in high growth volatile stock
arkk
nio
pltr

stuff you see the wsb crowd hyping

then I keep 10% just for swing plays
when someone like coldchi drops a name
or i see something trending on twitter or reddit...


honestly, for most people, its best to buy something like vti
then build your position by DCA every time you get paid.

Once you are more confident, or have built up a large market value, then start buying individual stock
 
New to stocks. Just put $1500 into Robinhood (i know thats crumbs but Im trying to crawl before I walk). Any suggestions on what to jump on? I was gonna do coinbase, disney, hbo (at&t), netflix but after looking at their 52 week high/low.....$1500 might make me like got damn $200 in 1 year. Hahaha. Im fine with risky stocks that MIGHT blow up. I aint trippin if I lose the loot, just rather get in on some hopefuls.
First, plan which broker to use once you move out of Robin Hood. It's not a good broker. It's fantastic
to get started with. However, when you decide that you're a trader rather than an investor, break the fuck out
of Robinhood. If you're cool with buying something and allowing it to grow six months later, 1500 is cool. But with
RH, you can't even paper trade, and even TD Ameritrade, you can do that. I'd spend some of that grip and purchase
one of those trading teaching videos on udemy or something. They're more expensive if you deal with the grifters on
you tube but if they've already won your attention, run with them.

One poster keep insisting on reading books and watching videos. But I don't agree with him. And he hasn't posted since.
Self learning can take you so far. One brother I'm running with is cheap as fuck until you consider the one on one mentoring.
I'm still learning. I've celebrated back to back four figure wins, a few in the hundreds, but I'm currently struggling.

Here's a gem. Go to finviz.com . Explore the home page. Click on any of those tickers. if it's shows stats, look for the ATR
and the Beta. Make sure they're both greater than 1. Of course, it's barely any information but if you're fiending for volatility (risk), that's a start. Plus you can find a stock that gels with you.

You can also consider REITS. And cop a monthly paying you each month. That's nothing but it's something.
 
Cause I am not that bright when it comes to this. I got caught up in the hype bro.

I admit it. I am a bit slow.

I figured that it was going to take off. I needed to buy it early?
I've mentioned what I'm about to say in this the end a number of times as well as in the "advice" thread........

You can not cheat the system. In some capacity, you have to invest time. Most people on here who are successful trading options or day trading have spent countless hours studying, learning from errors, watching tutorials, etc.

Investing is a long game and not a get-rich-quick scheme. Occasionally you hit a lick, but for the most part, its just making sure your small wins outnumber your losses.

Lastly, take this last piece of advice that every successful trader ever had to learn the hard way, including the ones on the forum, do not, I repeat, do not start trading trying to make up your loss. That money is gone. Forget it and trade smart. When you start reading with emotions, that's when you lose your house, the kid's college fund, your retirement savings, etc.

Stay in the game playa.
 
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When you say "start over" what you mean exactly?

Build your new portfolio on stronger companies, that have a longer trend of growth. Assume you will hold them for 5 years, versus trying to gain too fast. This assumes you can handle your current losses, and you don't need the liquid cash.

Your current losses will recover, just assume it may take until December.

I understand your pain though. I have about $2K in profits stuck in Socket, like a dumb ass, trying to chase. We all get caught, but if you can wait, you will always win in the market.
Coldchi hits more than most youtubers:money:.
 
Not gonna lie. Messing 100% with Chris Sain messed me up.
I am in FTFT, BGNO,MESA, ZOM, GNOG, GNUS all doing bad right now.
I am feeling upside down and inside out.

Bought COIN at $400 now it is $328

I swear I feel like if I were to buy Google it would dip 50%

Stop fucking with penny stocks. Channels like Chris gains only produce content to make money from affiliate links. Be sure not to repurchase any of the stocks you lost money on for 30 days so you can right them off on your taxes.
 
I've mentioned what I'm about to say in this the end a number of times as well as in the "advice" thread........

You can not cheat the system. In some capacity, you have to invest time. Most people on here who are successful trading options or day trading have spent countless hours studying, learning from errors, watching tutorials, etc.

Investing is a long game and not a get-rich-quick scheme. Occasionally you hit a lick, but for the most part, its just making sure your small wins outnumber your losses.

Lastly, take this last piece of advice that every successful trader ever had to learn the hard way, including the ones on the forum, do not, I repeat, do not start trading trying to make up your loss. That money is gone. Forget it and trade smart. When you start reading with emotions, that's when you lose your house, the kid's college fund, your retirement savings, etc.

Stay in the game playa.

Ppl should do backtest-portfolio just to see the benefits of long term investing.

This is a good website to do it Click here!
Ppl should go there put in 5 to 10 stocks and look at the return in a 5 to 10 yrs period.

Short term trading is highly speculative, there is only a small number of traders will benefit from it. If ppl want more money to build up their portfolio find another job, find a hustle(uber, delivery) but I think youtubers have conditioned ppl into thinking that trading is a good way to make fast money.
Also why are ppl not paper trading, ppl just jump in with real money but at the same time scare to lose money.
 
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Thanks for the encouragement. Yeah. I am down really big. Bigger than y'all might even be thinking. 15k big.

Build your new portfolio on stronger companies, that have a longer trend of growth. Assume you will hold them for 5 years, versus trying to gain too fast. This assumes you can handle your current losses, and you don't need the liquid cash.

Your current losses will recover, just assume it may take until December.

I understand your pain though. I have about $2K in profits stuck in Socket, like a dumb ass, trying to chase. We all get caught, but if you can wait, you will always win in the market.
Coldchi hits more than most youtubers:money:.
 
Yeah. I feel you big dawg. I am new to the game and I got in cause he seemed cool. It is my fault though. I was being too greedy.
Also too late. I thought I was slick and I repurchased so I got the Wash Sale thing going on. No one told me I couldn't do that.

Stop fucking with penny stocks. Channels like Chris gains only produce content to make money from affiliate links. Be sure not to repurchase any of the stocks you lost money on for 30 days so you can right them off on your taxes.
 
Lmao energy and ev bleeding out
The very industries analyst said were going to do well
This administration
Thinking about buying '22 calls in a few of them. I'm not really not interested in long term in any energy plays.
 
I am not that smart. It takes a while for me to learn things but I wanna share some things for some newbies.

1. This shit is a gamble. It is one big game and it is being manipulated by the big dogs. However you can learn and be better skilled at it.
2. If you have an amount you want to spend on a stock don't buy it all at once. Break it up into like 4 payments. See how the stock moves.
3. Dividends to me is the real passive income but the stock also has to grow in value.
4. Averaging down can help you. However, average down over time don't put 1 big lump sum if you aren't sure.
 
Yeah. I feel you big dawg. I am new to the game and I got in cause he seemed cool. It is my fault though. I was being too greedy.
Also too late. I thought I was slick and I repurchased so I got the Wash Sale thing going on. No one told me I couldn't do that.

Now that it happened to you, you wont let it happen again. A wash sale isnt a total loss if you still like the companies you loss on.

Read this page it has some good examples how to deal with wash sales.

 
Yeah. I feel you big dawg. I am new to the game and I got in cause he seemed cool. It is my fault though. I was being too greedy.
Also too late. I thought I was slick and I repurchased so I got the Wash Sale thing going on. No one told me I couldn't do that.


Shit happens sometimes.. but as long as you learn from it you will be fine.. guys on this board are very helpful and also very knowledgeable! Most of all they are willing to help point u in the right direction..but u still have to be willing to put in your own work to understand some of these things...plus u need to know if you are gonna be a trader or investor!!
 
Right now. I know I am gonna be an investor.
I am not ready for trading at all. I want to know everything first.
Some things y'all talking about like "calls, puts, margins"etc.
I got to be googling. Someone wrote DCA and I had no clue. Lol.

Shit happens sometimes.. but as long as you learn from it you will be fine.. guys on this board are very helpful and also very knowledgeable! Most of all they are willing to help point u in the right direction..but u still have to be willing to put in your own work to understand some of these things...plus u need to know if you are gonna be a trader or investor!!
 
Right now. I know I am gonna be an investor.
I am not ready for trading at all. I want to know everything first.
Some things y'all talking about like "calls, puts, margins"etc.
I got to be googling. Someone wrote DCA and I had no clue. Lol.


I cant lie i dnt do option, at least not yet. Im just investing myself and sometimes dable in a few spac plays sometimes..im definitely big on dividend plays...
 
Yeah. I feel you big dawg. I am new to the game and I got in cause he seemed cool. It is my fault though. I was being too greedy.
Also too late. I thought I was slick and I repurchased so I got the Wash Sale thing going on. No one told me I couldn't do that.
It's a learning mistake..you'll make it back with patience
 
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