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Start with it after November. If you think you can miss eg. 5k. Only buy 2.5 k. In stock, the rest is spare money for drops. Only buy the ones that you have a

Start with it after November. If you think you can miss eg. 5k. Only buy 2.5 k. In stock, the rest is spare money for drops. Only buy the ones that you have a good guess for ( happens once in a year). If you get to 20 k. Congratulations. Now change tactics. Buy stocks that are undervalued and don't buy too much. If it drops pretty hard, buy again. The goal is to reduce your average purchase price. Hold till you think it's appropriate to sell. The more money you have, the more you can diversify your portfolio. Don't use your savings, only what you will never need. Be prepared to lose it all at the start. And lose up to 75% every 8 years when you begin to slowly diversify your portfolio. If you don't know what you're doing. Buy an index when it's low/drops. I'm a big fan of the Netherlands. Ps. Crisis ain't over yet.

NicoJuicy 6y ago
Why downvote? I went from 600€ ( learn money ) to 23 k. In 4 years? It's not about how much it is now. It's how much it gained... Since it only started as a test... Edit: picproof, since my word is not enough? https://imgshare.io/image/screenshot-20200710-230405-degiro.NlM1CZ https://imgshare.io/image/screenshot-20200710-230405-degiro....
brockwhittaker 6y ago
You’re being downvoted because you’re mentioning a strategy. This is not educational. Furthermore, as someone who does a lot of quantitative research on the market I’m not convinced at all that your strategy will beat the market when adjusting for risk. You also say things that are unintelligible to someone who knows nothing about the market. Buy undervalued stocks? What does that mean? Most people think stocks with lower share prices are cheaper — let alone something that’s not dead wrong like evaluating based off P/E ratio, which is still incredibly wrong. So I’d recommend against giving trading advice to someone asking for how to educate themselves.
- NicoJuicy 6y ago
  Ok, seems fair. I was just giving 2 cents on practical learnings, which is indeed not an answer to his posed question. But perhaps useful in the idea behind the question ( starting with trading stocks). Most important take-away from it: you can lose a lot. Additionally, I always asses for risk. Eg. I lost 0€ because of Covid, because I had no stocks when the markets dropped. I didn't mention how to pick stocks though, which is the most important thing. Since there are multiple reasons why you would pick a certain stock. Eg. Markets re-open worldwide => I bought WTI on 29/04, endresult was 40%. I'm positioning myselve right now to multiple market scenarios with an expected (gamble) vaccine in December 2020 ( which is pretty early, I know) and where the vaccine test results come in at the end of the summer. I'm also taken into account the pumped up market by the US government and potential geopolitical issues. These things can't be done by a AI/ML right now. There is literally no precedent for it. -- Just a question, what would your general strategy be? I did check out technical indicators in the past, but I have a hard time believing in it. In the end, I believe the stock market is about emotions in a numbers "game". It's not that quantitive as most people think. What's your take on that statement?

NicoJuicy 6y ago

Why downvote? I went from 600€ ( learn money ) to 23 k. In 4 years? It's not about how much it is now. It's how much it gained... Since it only started as a test... Edit: picproof, since my word is not enough? https://imgshare.io/image/screenshot-20200710-230405-degiro.NlM1CZ https://imgshare.io/image/screenshot-20200710-230405-degiro....

brockwhittaker 6y ago

You’re being downvoted because you’re mentioning a strategy. This is not educational. Furthermore, as someone who does a lot of quantitative research on the market I’m not convinced at all that your strategy will beat the market when adjusting for risk. You also say things that are unintelligible to someone who knows nothing about the market. Buy undervalued stocks? What does that mean? Most people think stocks with lower share prices are cheaper — let alone something that’s not dead wrong like evaluating based off P/E ratio, which is still incredibly wrong. So I’d recommend against giving trading advice to someone asking for how to educate themselves.

NicoJuicy 6y ago
Ok, seems fair. I was just giving 2 cents on practical learnings, which is indeed not an answer to his posed question. But perhaps useful in the idea behind the question ( starting with trading stocks). Most important take-away from it: you can lose a lot. Additionally, I always asses for risk. Eg. I lost 0€ because of Covid, because I had no stocks when the markets dropped. I didn't mention how to pick stocks though, which is the most important thing. Since there are multiple reasons why you would pick a certain stock. Eg. Markets re-open worldwide => I bought WTI on 29/04, endresult was 40%. I'm positioning myselve right now to multiple market scenarios with an expected (gamble) vaccine in December 2020 ( which is pretty early, I know) and where the vaccine test results come in at the end of the summer. I'm also taken into account the pumped up market by the US government and potential geopolitical issues. These things can't be done by a AI/ML right now. There is literally no precedent for it. -- Just a question, what would your general strategy be? I did check out technical indicators in the past, but I have a hard time believing in it. In the end, I believe the stock market is about emotions in a numbers "game". It's not that quantitive as most people think. What's your take on that statement?