*Investors Blog*

Zee09 said:
For guys considering getting into the market

Day trading rules
I don’t use this broker but it explains the rules. I understand new legislation is up to the lower the cost of entry.... I use the Robinhood app on my cell as the desktop option isn't the best but recently improved.... HTH

https://www.schwab.com/learn/story/introduction-to-pattern-day-trader-rules
Click to expand...
https://blog.google/products/search/new-google-finance-ai-deep-search

There is supposed to be a price prediction feature as well. Let's see how that holds up.
 
Owen Lucas said:
https://blog.google/products/search/new-google-finance-ai-deep-search

There is supposed to be a price prediction feature as well. Let's see how that holds up.
Click to expand...
Yeah...lol


I should say for day trading as explained in the article.
I started in Robinhood with $5500 to play with it and not to get hurt...

I liked penny stocks because I could make things happen with not much money and to sharpen my trading skills on the app...

In short order I found i couldn't control myself to 3 trades a week...
More like 3 times an hour....lol

Naturally I was suspended many times and I coughed up the $25k minimum.
In the end due to my excessive trading they allow me only to trade on my own money which I prefer..

If I run dry...no more trading until I have the funds but I only trade maybe 5 to 10% of my account daily.

Since I get interest on my account I rarely ever touch the account to withdrawal any money.
 
Zee09 said:
Naturally I was suspended many times and I coughed up the $25k minimum.
In the end due to my excessive trading they allow me only to trade on my own money which I prefer..

If I run dry...no more trading until I have the funds but I only trade maybe 5 to 10% of my account daily
Click to expand...
Impressive. You have more guts than me. In retrospect a lot of these trades seem obvious but when in the heat of the moment, watching the chart and guessing will it go up and down on a minute by minute basis, one needs an iron stomach!

It's amazing to see your wins though. I might dabble one day. Reactive / meme stocks like PLTR seem to be good for this.
 
Owen Lucas said:
Impressive. You have more guts than me. In retrospect a lot of these trades seem obvious but when in the heat of the moment, watching the chart and guessing will it go up and down on a minute by minute basis, one needs an iron stomach!

It's amazing to see your wins though. I might dabble one day. Reactive / meme stocks like PLTR seem to be good for this.
Click to expand...
You said it well Owen....
It doesn't get easier either
We know we have to get in but when you hear the ping you got your shares your heart sinks and you say why did I do that..... 😔
It's a tough game .
Not so long ago I got 5% interest and that was icing on the cake...

The big mistake is paying too much just to get in.... that never works out.. another big mistake is not knowing the difference between a market buy and sell vs a limit buy and sell and when it's safe to do either.....
Best of luck guys...
 
I just looked PLTR is up about $4 just now

1000023189.webp
1000023187.webp
 
Zee09 said:
Yeah...lol


I should say for day trading as explained in the article.
I started in Robinhood with $5500 to play with it and not to get hurt...

I liked penny stocks because I could make things happen with not much money and to sharpen my trading skills on the app...

In short order I found i couldn't control myself to 3 trades a week...
More like 3 times an hour....lol

Naturally I was suspended many times and I coughed up the $25k minimum.
In the end due to my excessive trading they allow me only to trade on my own money which I prefer..

If I run dry...no more trading until I have the funds but I only trade maybe 5 to 10% of my account daily.

Since I get interest on my account I rarely ever touch the account to withdrawal any money.
Click to expand...
if $3,885 is 0.41% of your portfolio, how is it a $25k portfolio? Math is not mathing.
 
I put in 12 hrs today ...my eyes are shot...only one stock left in play and its flat lined but in the green right now but i figured its a few weeks minimum fiasco.....
 
My old stock market buddy got exposed today...he doesn't think I noticed but his holdings got real fancy lately as he is a dividend sucker only.

So today he slips as I'm flipping a stock and I acted like I didn't hear it.
Started talking about a premium Seeking Alpha membership he got for $499... a year... we were on the phone to be clear

Got it like 3 months ago....
Why is everyone so sneaky and competitive? None my business but fess up...😆
This guy won't spend a dime so he must think its extra special 🤔

I know nothing about it and don't care but I thought it was funny.
 
New Laws for Stock Purchasing

1) If you buy something, maybe not always, but greater than 50% of the time it will go down soon after purchase.
2) Buying 1/2 the intended amount of shares cancels out Law #1. If you buy 1/2 the lot, seeing law #1, and hoping to average out purchase 1 and 2, this will not happen as stock price will go up.
3) If law 1 is in place for your purchase, buy the same stock again but in a different account. Because Law 2 only applies in the same account, same lot of shares.

This applies if you are a chartist or not.

We will approach selling later on in this series.
 
Pablo said:
New Laws for Stock Purchasing

1) If you buy something, maybe not always, but greater than 50% of the time it will go down soon after purchase.
2) Buying 1/2 the intended amount of shares cancels out Law #1. If you buy 1/2 the lot, seeing law #1, and hoping to average out purchase 1 and 2, this will not happen as stock price will go up.
3) If law 1 is in place for your purchase, buy the same stock again but in a different account. Because Law 2 only applies in the same account, same lot of shares.

This applies if you are a chartist or not.

We will approach selling later on in this series.
Click to expand...
Your chasing SQQQ again?
 
My flat line fresh turd has finally got a pause....I'm not into dividends but will suckle $1050. In mid December and wait to pump and dump...😆 🤣
Boredom sets in quick when the stock moves 4 cents a day..

1000023336.webp
 
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