If you bought a $10k position 5/15, it would now be $40k+. Their is so much potential across the market right now. Find the right ones hold position through minor up-and-down swings through intraday
$Sonnet BioTherapeutic (SONN.US)$ this is a good example as many many other stocks are near their All Time Low and moving in a similar trend.
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Rade : Ive been trying to tell yall since .20c . Sometimes slow and steady wins the race. Don’t gamble your money.
RIPPER OP Rade : Well, the problem is, the market has not been stable enough for STANDARD investing for the last 16 months
From the looks of things, it should remain relatively stable and on and upward trend, at least in the next month or two
If you have the cash and are able to, daytrading is so much more profitable but I understand what you were saying. If someone is attempting to build a large enough pot to trade with, it’s good to have a mixture of both. Slow and steady does win the race, however for a lot of people, if you are not aggressive, then taking on that risk they can’t get into the race at all. I was in that situation for years, but eventually was able to reach the watermark. From that point on I love every second of trading
By the way, not sure why I’m rambling so much right now… I just finished my 2nd cup of coffee
RIPPER OP Rade : I recommend learning how to play options if you do not already… A lot of blue chip companies should have a slow, gradual increase, possibly some easy profitable, trade out there waiting
I’m holding a ton of GameStop call options literally all across the chain… Although there are some, I flip in and out, a handful of them I have a held since first purchase. Example of one of the strikes, I’ve been holding onto for over a month
Rade : Hahahahah, domt worry brother im on my third cup of coffee
MstrNobody RIPPER OP : not all of us have the funds to day trade, just another flaw in the system, on the wealthy get to capitalize on opportunities like this while they steal from those of us trying to start out and don't just have $25K to maintain let alone start off with.
Any tips for those of us who cannot day trade as frequently as you guys?
Dons hobby : Wow, Since you don't have 25K to open a day trade acct is why you are crying ? I have never had a day trade account either maybe it's because I don't have the cash maybe it's because I don't feel like I am good enough to open a day trade account but I do know that whatever the reason is just because you don't feel like you have what you should then do what I do go EARN IT. This is one of the most self entitled lines of shit I have ever heard
AMAZING
RIPPER OP MstrNobody : I mentioned this
MstrNobody RIPPER OP : and I appreciate that. just curious to things that helped you out, was there any signals you looked for? what were some of the things or resources you used to help get you to that point?
RIPPER OP MstrNobody : Become very familiar with the trends and movement of a “favorite group” of stocks, so watch CLOSELY.
When looking to aggressively build value, it’s very important to learn how to trade options. Options are essentially leverage of ownership, equivalent to 100 shares… and of course, there is the premium, but that’s a whole lecture on its own. Personally, I believe the only way to really learn options is a jump into the deep end in full and start playing them after research. Thing is, you WILL LIKELY LOSE MONEY when playing options, no way around it but it will be a game changer when you do.
If you want to reach such, and such number, have a plan, don’t just blindly trade. Create plan and execute it. Light mentioned above you will likely gain more value holding than constantly doing trades. Plan plan plan
MstrNobody : Awesome! thank you so much for the advice it is very much appreciated
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