4 ms·
Welcome to gambling.
by knodi 5y ago
Welcome to gambling.
- hallway_monitor 5y agoYou misspelled stock market.
- metalliqaz 5y agoI think he got it right.
- FuriouslyAdrift 5y agoI very very rarely go for a risky investment. I am what is referred to as a grinder. I am averaging about 16% YTY return for the last 20 years (and much better than that the last 5, obviously). The trick... undervalued or momentum stocks that suddenly have big interest. Spot the trend and go with it (swimming in the big fishes wake). It's OK to exit AFTER the movement breaks... never be greedy. Never cry about the profits you never got.
- deleted 5y ago[deleted]
- kbart 5y agoWhat tools do you use for that? I tried similiar strategy just by looking at the publicly available tools (e.g. MartketWatch), but it seemed I'm always too late, so I resorted to mid-long term investments to the companies I believe.
- FuriouslyAdrift 5y agohttps://unusualwhales.com/ https://unusualwhales.com/ and just following trending on specific targets. Enormous amounts of reading. Basically, if the popular media is hyping something, I go contrarian or least start thinking that way. There's nothing wrong with coming in late or leaving late on something. Go into investing with a realistic set of expectations and goals and you'll do fine. Occasionally, you'll screw up (I missed an options spread that someone else nailed me on and lost $7k in potential profits just a couple months ago). The best thing is just to go with indexes and spread buys over time (daily if you can) and sell only when you want money to spend, not because you're scared of the market. No one beats the market... I just try to find the flow and go with it.