Stocks.

[Swole_T1D]

Nothing yet, at least no more, took out all my investment out in januray to buy a little plex. Not much money left at the moment.
Still debating about the long term invest versus day trading.
Currently trying to learn during minimum 3 hours a day.

Just sign up for a 90 Practice account with Questrade IQ Edge, will see next week what happen. Looking to trade penny stocks.
I don't think i have enough money to put in long term investment to get decent payback from it and be able to live with it, but i start to think that i might be able to do it with day trading. Will soon know.

 

[ABMonkey]

Nothing yet, at least no more, took out all my investment out in januray to buy a little plex. Not much money left at the moment.
Still debating about the long term invest versus day trading.
Currently trying to learn during minimum 3 hours a day.

Just sign up for a 90 Practice account with Questrade IQ Edge, will see next week what happen. Looking to trade penny stocks.
I don't think i have enough money to put in long term investment to get decent payback from it and be able to live with it, but i start to think that i might be able to do it with day trading. Will soon know.

Day trading is a different beast that I know very little about to be honest. Its risky but can be very rewarding.

I'm more into long term value investing and looking at the backbone of a company, future value etc. Tracking graphs & numbers is not my forte and as such I'd probably suck at day trading.

If you treat it as fun and dont mind losing what you put it, give day trading a shot. The biggest downfall for most part time traders is they cant afford the best computers with the fastest systems.

 

[Swole_T1D]

Day trading is a different beast that I know very little about to be honest. Its risky but can be very rewarding.

I'm more into long term value investing and looking at the backbone of a company, future value etc. Tracking graphs & numbers is not my forte and as such I'd probably suck at day trading.

If you treat it as fun and dont mind losing what you put it, give day trading a shot. The biggest downfall for most part time traders is they cant afford the best computers with the fastest systems.

Yeah you're right, long term investing is a lot different than day trading, that's what make it interesting for me. Getting used to read graph and learn how to predict the short time reaction of the market.
From my understanding, someone need to set a maximum loss tolereance at first and respect it, no gambling allowed, setting a physique or mental stop loss is a priority in day trading. Always work with technique you know and never engage in something too volatile at first.

Seems like a big challenge and i like challenge. Account set up to start on monday, still 2 day of learning before going into practice mode.

Maybe when my money will be made, i'll go into long term with dividends so i could modestly live from this. Finger crossed hehehe

 

[Greatful]

Yeah you're right, long term investing is a lot different than day trading, that's what make it interesting for me. Getting used to read graph and learn how to predict the short time reaction of the market.
From my understanding, someone need to set a maximum loss tolereance at first and respect it, no gambling allowed, setting a physique or mental stop loss is a priority in day trading. Always work with technique you know and never engage in something too volatile at first.

Seems like a big challenge and i like challenge. Account set up to start on monday, still 2 day of learning before going into practice mode.

Maybe when my money will be made, i'll go into long term with dividends so i could modestly live from this. Finger crossed hehehe

Well you're in luck...welcome to one of the bigger challenges you can partake in, lol
Easy to get a few wins here and there...but to consistently make a profit over the long term?
Buckle in.

 

[Cumminstech2]

I’m more of an equity guy myself. I do not trust any government with the economy enough to put my savings into their artificial and fiat system. Especially now.

 

[Swole_T1D]

Well you're in luck...welcome to one of the bigger challenges you can partake in, lol
Easy to get a few wins here and there...but to consistently make a profit over the long term?
Buckle in.

That's what i'm currently learning, things move so fast.
I need to learn a lot more!!
It's a lot harder than i first thought. A lot more practice and reading needed. Really look to be one hell of a challenge and where sucess is hard to get.
I'm learning from a guy who live from that and make pretty decent income with it, but he's been in the game for over 13 years and his first 4-5 years were not that great, but he's now making an average of 200k per year.

 

[Shrek]

Seems appropriate to slide in this question here:

What are your opinions on buying Gold and Silver, both physical material (coins, bricks, etc) and in stocks?

Granted prices have gone up as markets have gone down which is typical so it's probably not the best time to buy, but still I am curious on opinions of others that have more expirience ...?

 

[Funnyman]

Seems appropriate to slide in this question here:

What are your opinions on buying Gold and Silver, both physical material (coins, bricks, etc) and in stocks?

Granted prices have gone up as markets have gone down which is typical so it's probably not the best time to buy, but still I am curious on opinions of others that have more expirience ...?

I'm personally saving for physical gold.

I won't have enough for 1 oz, but say 1/10 oz.

 

[Swole_T1D]

Seems appropriate to slide in this question here:

What are your opinions on buying Gold and Silver, both physical material (coins, bricks, etc) and in stocks?

Granted prices have gone up as markets have gone down which is typical so it's probably not the best time to buy, but still I am curious on opinions of others that have more expirience ...?

Never a bad idea since it's something you can hold and have a real value.
But in these time it's getting hard to put your hand on them.
Silver may not take a lot a valu in the futur but i'm sure gold will as it always did.

 

[ABMonkey]

Seems appropriate to slide in this question here:

What are your opinions on buying Gold and Silver, both physical material (coins, bricks, etc) and in stocks?

Granted prices have gone up as markets have gone down which is typical so it's probably not the best time to buy, but still I am curious on opinions of others that have more expirience ...?

If I was going to invest in commodities I'd be buying the physical bar or bullion.