Trading/Investing Thread

On May 12 2019 13:54 hunts wrote:
I've been trying to learn how to trade. I've read up on investing and such, it seems for trading though you want more trend analysis than fundamentals. Also right now I don't have much money to work with, so I don't meet the $20,000 minimum to be able to day trade, making me limited to 3 day trades per 5 days. Hopefully there are other people on here that are also interested and will make this thread alive.

On May 12 2019 14:31 hunts wrote:
I have put some thought into trying to open bitcoin accounts with 2 different brokers so that I could hedge, although I'm not sure if that's allowed. It seems volatile enough that that would probably do well, but I haven't really researched it enough. Also I thought of doing forex before, but someone else that traded/invested told me not to without a lot of money because the movements there are much smaller than with stocks and so require more money to really make money.

Also I've heard that saying before too. Same with "Bulls make money, bears make money, hogs get slaughtered" which I kind of liked.

On May 12 2019 17:22 FiWiFaKi wrote:
Really, all I'm trying to do is time the next crash,

On May 13 2019 03:18 Sermokala wrote:
I try my hand at fake money trading every now and then to see if I'd make real money on it. I never really make enough to justify the risk and when I Start investing riskier I always end up losing everything.

r/wallstreetbets makes me smile though. The story of box trades and robinhood always brings a smile to my face.

On May 13 2019 03:35 CorsairHero wrote:

With what metrics? What is your entry point? Active funds do exactly what you're trying to do and the virtually all lose to the index.

Market timing is a money loser imo unless you use a trading algorithm that takes the emotional part out and you stick with it. Lump sum (investing today) beats averaging in.

On May 13 2019 04:53 FiWiFaKi wrote:


I guess it might be irrational thinking on my part. When oil drops to $40 a barrel, I know it's going to be up to 80 at the some in the next 5 years, when real estate here drops, it always goes back up after. When the market crashes, its not like we're going to become primitive apes, all the fundamentals and technology is there, so when there's a 20% drop in the market, we're not heading towards WW3, it just becomes a perfect time to buy.

Short term trends aren't too predictable, but I think these long term decisions can be understood with certain thinking. I'm a bit of a virgin investor, not having done much, don't know the business lingo particularly well, and going more with my understanding of the human race and logic instead. From what I've talked to people at wealth management groups, I don't respect the intelligence they possess, it's all about who can put a nicer wrapper on a piece of shit, and justify it by taking higher commission.

I try to avoid all investing literature because it gets your mind into a certain framework, using terms like bullish, and a long position... It gets you to think like everyone else, and takes away from what is important imo. I might be naive and thinking I know everything, but I think about things in a lot of depth, and it might be conformation bias... But so many of the stocks I look at, I get the future trend down so well. Whether it was reading about developments of Ryzen and seeing it as their big break, or seeing how much room Amazon still had to grow in 2016.

Or it was simply coincidence, and I don't know anything. It gives me some semblance of power and control in my investing decisions without having to do any sort of management, just making a decision or two once a year, I like that. Either way, if I don't know anything, I'm probably shooting at stars as much as the fund managers, and my losses won't be too significant. When we're at the peak in stock market history, there's only so much growth that can be had, there hasn't been an output increase in the last 20 years that would warrant such an overvaluation imo, and the US is close to due for a recession if you start going for more welfare state policies.

On May 13 2019 05:15 FiWiFaKi wrote:
Exactly how I feel haha. Pretty nice returns! My dad did a lot of trading into many penny stock natural resource companies, usually gold mines or oil fields. He had a good streak where one company made him 10x return in under 2 years, another 4x in a similar time frame, and then lost around a quarter million in one, Western Zagros I think. Kind of got him to stop after that experience. Feels too much like staking on Runescape, or just gambling and remembering your wins more than your losses.

Kudos to the people that can read those news, figure out the psychology of all the potential investors, flip it on its head, and make consistent returns. Too much like poker for my tastes, mind gaming someone in starcraft is fun, trying to do it as a career is not for me.

On May 13 2019 04:53 FiWiFaKi wrote:


I guess it might be irrational thinking on my part. When oil drops to $40 a barrel, I know it's going to be up to 80 at the some in the next 5 years, when real estate here drops, it always goes back up after. When the market crashes, its not like we're going to become primitive apes, all the fundamentals and technology is there, so when there's a 20% drop in the market, we're not heading towards WW3, it just becomes a perfect time to buy.