Does anyone here day trade?

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  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388189

    #36
    Man You guys better just put your money in mutual funds long-term you have no idea what it’s all about
    Comment
    • wikkidinsane
      SBR Posting Legend
      • 05-30-10
      • 13799

      #37
      Originally posted by jjgold
      Man You guys better just put your money in mutual funds long-term you have no idea what it’s all about
      My buddy has a good amount in mutual funds. He lost like 300 k+ since this shit started. The good thing though, as long as those companies are stable that shit wild go right back up. Probably not back to what is was pre-Corona but mutual fund investing is about the longterm
      Comment
      • goduke
        SBR Posting Legend
        • 02-17-10
        • 11580

        #38
        Originally posted by RudyRuetigger
        i would make like 3 fukkin clicks and just see what happens

        thats not grinding out 40 dollars

        good info


        thanks


        thanks

        3 clicks is still too much work just to make at best 40 dollars.
        Comment
        • RudyRuetigger
          SBR Aristocracy
          • 08-24-10
          • 65086

          #39
          oil going up

          Comment
          • RudyRuetigger
            SBR Aristocracy
            • 08-24-10
            • 65086

            #40
            Originally posted by packerd_00
            Im thinking about it, might as well make something positive out of this shit show. Might buy some Harley.
            Originally posted by packerd_00
            Gonna ignore my response mate.
            no bro, i just dont know anything about Harley

            Comment
            • RudyRuetigger
              SBR Aristocracy
              • 08-24-10
              • 65086

              #41
              Originally posted by RudyRuetigger
              i was going to buy some oil stocks in about a week


              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388189

                #42
                day trade

                everyone that claims to do it sells something like a tout
                Comment
                • stackz125
                  SBR Hall of Famer
                  • 01-03-16
                  • 6191

                  #43
                  Just remember do buy low and sell high.
                  Comment
                  • clockwise1965
                    SBR Hall of Famer
                    • 10-01-13
                    • 6753

                    #44
                    The margins are very thin for day trading. A minium of 25k is need to make your efforts worth your time.
                    Comment
                    • packerd_00
                      SBR Posting Legend
                      • 05-22-13
                      • 17780

                      #45
                      Originally posted by RudyRuetigger
                      no bro, i just dont know anything about Harley

                      Okay thats cool.

                      Yeah, I was going to sign up to buy some stocks online but they ask you a whole bunch of private info before you can do it. Just be careful before you do it mate.
                      Comment
                      • Sawyer
                        SBR Hall of Famer
                        • 06-01-09
                        • 7710

                        #46
                        Learn how to analyze graphs.
                        Trade Bitcoin.
                        It's easy. When it goes down, BUY it.
                        When it goes up, SELL.

                        It's priced 7,300$ at the moment. I won't buy at this price right now. Will buy if it drops below 5-6k.
                        Comment
                        • jjgold
                          SBR Aristocracy
                          • 07-20-05
                          • 388189

                          #47
                          Originally posted by Sawyer
                          Learn how to analyze graphs.
                          Trade Bitcoin.
                          It's easy. When it goes down, BUY it.
                          When it goes up, SELL.

                          It's priced 7,300$ at the moment. I won't buy at this price right now. Will buy if it drops below 5-6k.
                          if graphs worked nobody would work

                          flipping coins also shows chart patterns and that is random

                          If you day trade you will lose everything in your account
                          Comment
                          • stevex
                            SBR Hall of Famer
                            • 05-02-10
                            • 5122

                            #48
                            Originally posted by Sawyer
                            Learn how to analyze graphs.
                            Trade Bitcoin.
                            It's easy. When it goes down, BUY it.
                            When it goes up, SELL.

                            It's priced 7,300$ at the moment. I won't buy at this price right now. Will buy if it drops below 5-6k.
                            It will drop to those price levels soon I think.
                            Comment
                            • JIBBBY
                              SBR Aristocracy
                              • 12-10-09
                              • 83691

                              #49
                              I use to day trade years ago, good way to lose money.. I lost 30 grand and gave it up.

                              Can't trust ANY of the smaller up and coming companies with penny stock trading unless you have insider information..
                              Comment
                              • RudyRuetigger
                                SBR Aristocracy
                                • 08-24-10
                                • 65086

                                #50
                                we shouldve been in it


                                i fukkin knew it



                                and none of you fukks could help


                                look at the market since my post


                                unreal
                                Comment
                                • RudyRuetigger
                                  SBR Aristocracy
                                  • 08-24-10
                                  • 65086

                                  #51
                                  Originally posted by wikkidinsane
                                  My buddy has a good amount in mutual funds. He lost like 300 k+ since this shit started. The good thing though, as long as those companies are stable that shit wild go right back up. Probably not back to what is was pre-Corona but mutual fund investing is about the longterm
                                  clown
                                  Comment
                                  • veriableodds
                                    SBR Hall of Famer
                                    • 08-22-17
                                    • 5093

                                    #52
                                    Originally posted by jjgold
                                    Man You guys better just put your money in mutual funds long-term you have no idea what it’s all about
                                    90% of all mutual funds do not even outperform the s@p 500. Myself invest for different reasons then most i look for solid ets's that pay great dividends and have for long long time. Diversify as in utilities, consumer cyclical, tech, and the regular spy's. Really think the old buy and hold theory just isn't true these days, if you buy for long term but stock is stagnant as in down 2 years later time to rethink.
                                    not exactly day trading but market is good investment
                                    Comment
                                    • Bucketwah
                                      SBR Sharp
                                      • 08-14-09
                                      • 476

                                      #53
                                      Can try doing short trading, swing trading. Most brokers only let you do 3-4 day trades a week if its a cash account. Webull or td america both good choices. Webull has the longest after hours and premarket trading that i know of. Robinhood not a lot of options. The way bitcoin is moving tho, im sure theres people pulling $ out of their stocks and throwing some in btc
                                      Comment
                                      • packerd_00
                                        SBR Posting Legend
                                        • 05-22-13
                                        • 17780

                                        #54
                                        Originally posted by RudyRuetigger
                                        we shouldve been in it


                                        i fukkin knew it



                                        and none of you fukks could help


                                        look at the market since my post


                                        unreal
                                        Mate if id said do it and you lost all your doe you'd have been pissed about that.
                                        Last edited by packerd_00; 11-17-20, 02:37 PM.
                                        Comment
                                        • jjgold
                                          SBR Aristocracy
                                          • 07-20-05
                                          • 388189

                                          #55
                                          Originally posted by Bucketwah
                                          Can try doing short trading, swing trading. Most brokers only let you do 3-4 day trades a week if its a cash account. Webull or td america both good choices. Webull has the longest after hours and premarket trading that i know of. Robinhood not a lot of options. The way bitcoin is moving tho, im sure theres people pulling $ out of their stocks and throwing some in btc
                                          good review but just use what you can afford to lose

                                          If not buying and holding long term you will lose , lots of trades is just random as far as winning and losing like sports
                                          Comment
                                          • hubie69
                                            SBR Hall of Famer
                                            • 09-16-10
                                            • 7329

                                            #56
                                            I wouldn't say I day trade Rudy. I do swing trade several stocks on a weekly basis or every few weeks.

                                            I also have a handful of stocks I buy and hold (and will continue to hold for several years).


                                            Taxes aren't that big of a deal. My brokerage account just provides an easy end of the year form.

                                            What are you thinking about buying on the stock side RudeDawg?
                                            Comment
                                            • chico2663
                                              BARRELED IN @ SBR!
                                              • 09-02-10
                                              • 36915

                                              #57
                                              Originally posted by RudyRuetigger
                                              I don't know anything about it

                                              Been watching El Pres at Barstool

                                              I don't expect to make anything and thinking of just throwing in about $500 to fukk around for shits n giggles

                                              Looks like fun and a good way to waste time




                                              Any advice besides don't do it?
                                              I day trade. Initially rolled 1 of my ira. Still have 2 plus a sep. started out with 30,000. It went down to 24,000 at peak of covid. Now at 40,500 plus I took 1000 to bet my derby. I am dumb ass.
                                              Comment
                                              • chico2663
                                                BARRELED IN @ SBR!
                                                • 09-02-10
                                                • 36915

                                                #58
                                                Originally posted by RudyRuetigger
                                                ok best i dont fukkin do it


                                                i was just going to pick random shit to buy and sell whenever i felt like it


                                                i know nothing about the stock market and was just gonna use it for entertainment
                                                Rudy...you are a snowflake. Day trading is for big boys.
                                                Comment
                                                • carolinakid
                                                  SBR Posting Legend
                                                  • 01-12-11
                                                  • 19106

                                                  #59
                                                  i do the xmi and oex indexes..........
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388189

                                                    #60
                                                    Market been on a bull run everyone looks good now
                                                    Comment
                                                    • chico2663
                                                      BARRELED IN @ SBR!
                                                      • 09-02-10
                                                      • 36915

                                                      #61
                                                      Originally posted by veriableodds
                                                      90% of all mutual funds do not even outperform the s@p 500. Myself invest for different reasons then most i look for solid ets's that pay great dividends and have for long long time. Diversify as in utilities, consumer cyclical, tech, and the regular spy's. Really think the old buy and hold theory just isn't true these days, if you buy for long term but stock is stagnant as in down 2 years later time to rethink.
                                                      not exactly day trading but market is good investment
                                                      I am making fortune in ev s. Bought nio 1.98,sbe 16.10,tsla 386,xpev39,li 30 ,wkhs 17 and f 7.50
                                                      Comment
                                                      • THE HITMAN
                                                        SBR MVP
                                                        • 06-16-07
                                                        • 2393

                                                        #62
                                                        Originally posted by cincinnatikid513
                                                        taxs prob a bitch

                                                        Open a stock Roth IRA, no taxes or IRS bookkeeping to hassle with
                                                        Comment
                                                        • JIBBBY
                                                          SBR Aristocracy
                                                          • 12-10-09
                                                          • 83691

                                                          #63
                                                          I use to day trade penny stocks like 10 years ago. I lost 30 grand and quit.
                                                          Comment
                                                          • RudyRuetigger
                                                            SBR Aristocracy
                                                            • 08-24-10
                                                            • 65086

                                                            #64
                                                            Originally posted by packerd_00

                                                            Mate if id said do it and you lost all your doe you'd have been pissed about that.
                                                            i lose it any way regardless


                                                            Comment
                                                            • RudyRuetigger
                                                              SBR Aristocracy
                                                              • 08-24-10
                                                              • 65086

                                                              #65
                                                              Originally posted by hubie69
                                                              I wouldn't say I day trade Rudy. I do swing trade several stocks on a weekly basis or every few weeks.

                                                              I also have a handful of stocks I buy and hold (and will continue to hold for several years).


                                                              Taxes aren't that big of a deal. My brokerage account just provides an easy end of the year form.

                                                              What are you thinking about buying on the stock side RudeDawg?

                                                              i was just looking to get in when it was real low and start messing around to see what i could learn
                                                              Comment
                                                              • RudyRuetigger
                                                                SBR Aristocracy
                                                                • 08-24-10
                                                                • 65086

                                                                #66
                                                                Originally posted by Bucketwah
                                                                Can try doing short trading, swing trading. Most brokers only let you do 3-4 day trades a week if its a cash account. Webull or td america both good choices. Webull has the longest after hours and premarket trading that i know of. Robinhood not a lot of options. The way bitcoin is moving tho, im sure theres people pulling $ out of their stocks and throwing some in btc
                                                                yep this is best info here

                                                                i needed you 7 months ago



                                                                i think i will probably look at intro bs on youtube if we go to a full lockdown
                                                                Comment
                                                                • RudyRuetigger
                                                                  SBR Aristocracy
                                                                  • 08-24-10
                                                                  • 65086

                                                                  #67
                                                                  Originally posted by JIBBBY
                                                                  I use to day trade years ago, good way to lose money.. I lost 30 grand and gave it up.

                                                                  Can't trust ANY of the smaller up and coming companies with penny stock trading unless you have insider information..
                                                                  Originally posted by JIBBBY
                                                                  I use to day trade penny stocks like 10 years ago. I lost 30 grand and quit.
                                                                  atleast we know you are honest there
                                                                  Comment
                                                                  • RudyRuetigger
                                                                    SBR Aristocracy
                                                                    • 08-24-10
                                                                    • 65086

                                                                    #68
                                                                    what about currencies?


                                                                    Comment
                                                                    • chico2663
                                                                      BARRELED IN @ SBR!
                                                                      • 09-02-10
                                                                      • 36915

                                                                      #69
                                                                      $39.05 Day's Change-0.3355 (-0.85%) Bid39.05Ask39.06B/A Size1100x1900 Day's High39.95Day's Low38.91 Volume(Heavy Day)
                                                                      7,779,639November 18, 2020 1:45pm ET
                                                                      Set triggersSet alertsAdd to watch listOptions chainHistorical quotes & splitsIncome Estimator

                                                                      • Prev Close39.39
                                                                      • Today's Open39.94
                                                                      • Day's Range38.91-39.95
                                                                      • Avg Vol (10-day)10.4M
                                                                      • Last (time)1:45p ET 11/18/20
                                                                      • Last (size)100
                                                                      • 52-Wk Range
                                                                        33.36 - 62.38LowHigh
                                                                      • % Above Low
                                                                        (11/18/19 - 10/30/20)17.06%
                                                                      • Historical Volatility
                                                                        47.5%






                                                                      1d2d5d1mo3mo6mo1yr3yrDJIAS&P 500NASDAQSMA(50)
                                                                      when you look at a stock the more it is held by the big boys the better it is. Check out the short interest. The less it has the better you are. Don't buy an otc stock unless you plan to hold awhile. Bought fubo at 9. But they have since up lifted so now they are trading at 22. You can own the best company in a sector but if that one is underwater you can't make money. Set a price that you are willing to take a loss. This I shared with you is walgreens-boots-alliance. There was speculation that it was going private. I owned in the 70's but it fell to 59 I got out. I just bought for the dividend and still may lose money. If stock market is going bad put you money into p&g because when everything does bad they do good. But if everything is doing good than they trade sideways.
                                                                      I know this doesn't figure into the picture of me that you have pigeon holed. But I had a series 6 and 7 so i know a little bit.
                                                                      Comment
                                                                      • jjgold
                                                                        SBR Aristocracy
                                                                        • 07-20-05
                                                                        • 388189

                                                                        #70
                                                                        Go look at all the studies that have been done and daytrading 98% lose and they’re all verify
                                                                        Comment
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