Actual info from an investor

$SLV $PSLV $AG Buy Buy Buy Physical Silver, then attack ETF’s and Futures. When you buy retail physical silver the dealers have to go and cover that on the market. And it’s this transaction that causes the price to go up. They can stop you from buying stocks but They can’t stop retail buying

Ahem...

Those Stock-Market numbers are about as real as Creepo-JHoe's overwhelming Election-Win / FRAUD.
.

What are some of the things you expect hyperinflation will bring?

How will it impact debt from loans, credit cards, student loans?
How will it create opportunity to make money?

I'm glad so many people are learning about and exploring the markets, but there is a lot more to investing than "diamond hands" and "HODL!!1!"

None of this is investment advice, just my personal opinion and approach to it all.

GME was an anomaly with 130-140% short float. This is not very common and allowed it to be skyrocketed "to the moon." They caught a hedge fund with their pants down. AMC and many of the others are nowhere near this level of shorting, which means they don't have same potential upside.

Holding to short squeeze is fine and an awesome way to stick it to the man, but it is all artificial and has just as much downside when unexpected things happen like government intervention (Which could come soon, even today). If you are willing to lose money to make a point, then HODL! If not, learn to read charts and understand the market.

Look at historical charts, such as the 1yr, 3yr, and 5yr highs and lows. Nothing fundamentally changed with these companies aside from the lulz, so expecting AMC to hit $50-100+ is not realistic. Their pre-covid price was around $6.50-7. Their 3yr high was only around $20. Their 5yr was $33-34.

Look for resistance. It was clear that the AMC resistance was around $15. It would struggle to climb much higher each time $15 was approached. This often means that is the highest point it will hit. You can never time dips and peaks perfectly. Resistance data is the best indicator you can use. I was able to buy at $8-9 and sell at $14-ish the first time, and then when news of opening up trading again came out when it had fallen back to $8-9 that was time to buy back in and ride it back to $15. That was almost 400% gains, but it required absolutely NOT HODLing and diamond hands. It required trading and understanding the data.

A great book to start to learn is The Bogglehead's Guide to Investing. It is skewed to starting with index funds, which is safe and conservative advice, but isn't going to bring in massive gains. It also doesn't involve massive risk. Things like cost-averaging are also great strategies. Rather than trying to perfectly time things, you buy on the way down in smaller chunks and sell on the way up in smaller chunks. Once you have recouped your initial investment or pulled out some profit, then the rest of the shares are play money and can be gambled with no risk.

In normal investing, "diamond hands" and non-emotional trading are key. Losses are only on paper until you actually sell. In meme investing, diamond hands are a surefire way to lose massive gains. I can't hope to cover everything in one post, but I'm happy to offer info and opinions to anyone that has any real questions. Limit orders, stops, market orders, etc. There is a lot to it and knowing more than what I see on various sites and forums being thrown around is really important if you are seriously trying to invest or make money.

...

GME was an anomaly with 130-140% short float. This is not very common...

APES TOGETHER STRONG

Actual info from an investor

I grew up very poor. I've worked since 14. I saved money like crazy and used my skills to make extra money or start small businesses where I could. I opened my first trading account with $2,500 (the minimum at the time). I have kept that same account open and separate from my other accounts to see what I could turn it into as I learned more and grew. It is now around $60k. If a kid that was helping to pay for and support his family could save $2,500, anyone can. That is a Starbucks a day for a year cut out. Or a subscription service cut out for one year. Instead of slot machines, lottos, etc. put that money into a bank account and open a trading account within a year.

I'm glad so many people are learning about and exploring the markets, but there is a lot more to investing than "diamond hands" and "HODL!!1!"

None of this is investment advice, just my personal opinion and approach to it all.

GME was an anomaly with 130-140% short float. This is not very common and allowed it to be skyrocketed "to the moon." They caught a hedge fund with their pants down. AMC and many of the others are nowhere near this level of shorting, which means they don't have same potential upside.

Holding to short squeeze is fine and an awesome way to stick it to the man, but it is all artificial and has just as much downside when unexpected things happen like government intervention (Which could come soon, even today). If you are willing to lose money to make a point, then HODL! If not, learn to read charts and understand the market.

Look at historical charts, such as the 1yr, 3yr, and 5yr highs and lows. Nothing fundamentally changed with these companies aside from the lulz, so expecting AMC to hit $50-100+ is not realistic. Their pre-covid price was around $6.50-7. Their 3yr high was only around $20. Their 5yr was $33-34.

Look for resistance. It was clear that the AMC resistance was around $15. It would struggle to climb much higher each time $15 was approached. This often means that is the highest point it will hit. You can never time dips and peaks perfectly. Resistance data is the best indicator you can use. I was able to buy at $8-9 and sell at $14-ish the first time, and then when news of opening up trading again came out when it had fallen back to $8-9 that was time to buy back in and ride it back to $15. That was almost 400% gains, but it required absolutely NOT HODLing and diamond hands. It required trading and understanding the data.

A great book to start to learn is The Bogglehead's Guide to Investing. It is skewed to starting with index funds, which is safe and conservative advice, but isn't going to bring in massive gains. It also doesn't involve massive risk. Things like cost-averaging are also great strategies. Rather than trying to perfectly time things, you buy on the way down in smaller chunks and sell on the way up in smaller chunks. Once you have recouped your initial investment or pulled out some profit, then the rest of the shares are play money and can be gambled with no risk.

In normal investing, "diamond hands" and non-emotional trading are key. Losses are only on paper until you actually sell. In meme investing, diamond hands are a surefire way to lose massive gains. I can't hope to cover everything in one post, but I'm happy to offer info and opinions to anyone that has any real questions. Limit orders, stops, market orders, etc. There is a lot to it and knowing more than what I see on various sites and forums being thrown around is really important if you are seriously trying to invest or make money.

BillyBob's Guide to Stonk Market Investing

Step #1

Realize via the most brutal manner possible that There are no institutionalized unmanipulated 'markets'

Step #2

True, a professional shill would know to change their eye pee before replying agreement to themselves.

I know you are an AC, but you seem to have missed the fact that my goal was to explain some basic concepts to newcomers. I worked in banking at the officer level for 12 years. I have had my own Bloomberg terminal. I could explain esoteric and complex concepts, but that isn't going to help anyone. In fact, the information I mentioned there is enough for almost all investors to do fine for themselves without ever getting into overlays and various theories and concepts. If someone has specific questions, I said I was happy to answer. There is a massive chasm between the constant "HODL!" and "Diamond Hands!" and even what I wrote here. It is a primer for newcomers to have some actual information and not people with their own motives or wanting them to hold their bag for them.

dude you ain’t an investor, you’re a daytrader aka gambler. Don’t share your winning stories if you ain’t gonna share your losing ones either.

I appreciate your thread OP! I was thinking earlier this morning I had questions but wasn't sure where to direct them. Just want to mention I did order the book that you recommended. I have no experience with the stock market.

Do you have to work with a broker? Pay monthly fees?

Also, not really interested in long term so much as I am older : )

Do you have to have a lot of money to begin with?

Could someone invest with something as minimal as $10,000?

Does it take many years to get to the point where you are making monthly profits? Is that even feasible if you are not younger?

I'm not asking you to wave a magic wand. I realize there are risks in everything. Just basic questions.

Thank you for your time

I'm glad so many people are learning about and exploring the markets, but there is a lot more to investing than "diamond hands" and "HODL!!1!"

None of this is investment advice, just my personal opinion and approach to it all.

GME was an anomaly with 130-140% short float. This is not very common and allowed it to be skyrocketed "to the moon." They caught a hedge fund with their pants down. AMC and many of the others are nowhere near this level of shorting, which means they don't have same potential upside.

Holding to short squeeze is fine and an awesome way to stick it to the man, but it is all artificial and has just as much downside when unexpected things happen like government intervention (Which could come soon, even today). If you are willing to lose money to make a point, then HODL! If not, learn to read charts and understand the market.

Look at historical charts, such as the 1yr, 3yr, and 5yr highs and lows. Nothing fundamentally changed with these companies aside from the lulz, so expecting AMC to hit $50-100+ is not realistic. Their pre-covid price was around $6.50-7. Their 3yr high was only around $20. Their 5yr was $33-34.

Look for resistance. It was clear that the AMC resistance was around $15. It would struggle to climb much higher each time $15 was approached. This often means that is the highest point it will hit. You can never time dips and peaks perfectly. Resistance data is the best indicator you can use. I was able to buy at $8-9 and sell at $14-ish the first time, and then when news of opening up trading again came out when it had fallen back to $8-9 that was time to buy back in and ride it back to $15. That was almost 400% gains, but it required absolutely NOT HODLing and diamond hands. It required trading and understanding the data.

A great book to start to learn is The Bogglehead's Guide to Investing. It is skewed to starting with index funds, which is safe and conservative advice, but isn't going to bring in massive gains. It also doesn't involve massive risk. Things like cost-averaging are also great strategies. Rather than trying to perfectly time things, you buy on the way down in smaller chunks and sell on the way up in smaller chunks. Once you have recouped your initial investment or pulled out some profit, then the rest of the shares are play money and can be gambled with no risk.

In normal investing, "diamond hands" and non-emotional trading are key. Losses are only on paper until you actually sell. In meme investing, diamond hands are a surefire way to lose massive gains. I can't hope to cover everything in one post, but I'm happy to offer info and opinions to anyone that has any real questions. Limit orders, stops, market orders, etc. There is a lot to it and knowing more than what I see on various sites and forums being thrown around is really important if you are seriously trying to invest or make money.

I'm glad so many people are learning about and exploring the markets, but there is a lot more to investing than "diamond hands" and "HODL!!1!"

None of this is investment advice, just my personal opinion and approach to it all.

GME was an anomaly with 130-140% short float. This is not very common and allowed it to be skyrocketed "to the moon." They caught a hedge fund with their pants down. AMC and many of the others are nowhere near this level of shorting, which means they don't have same potential upside.

Holding to short squeeze is fine and an awesome way to stick it to the man, but it is all artificial and has just as much downside when unexpected things happen like government intervention (Which could come soon, even today). If you are willing to lose money to make a point, then HODL! If not, learn to read charts and understand the market.

Look at historical charts, such as the 1yr, 3yr, and 5yr highs and lows. Nothing fundamentally changed with these companies aside from the lulz, so expecting AMC to hit $50-100+ is not realistic. Their pre-covid price was around $6.50-7. Their 3yr high was only around $20. Their 5yr was $33-34.

Look for resistance. It was clear that the AMC resistance was around $15. It would struggle to climb much higher each time $15 was approached. This often means that is the highest point it will hit. You can never time dips and peaks perfectly. Resistance data is the best indicator you can use. I was able to buy at $8-9 and sell at $14-ish the first time, and then when news of opening up trading again came out when it had fallen back to $8-9 that was time to buy back in and ride it back to $15. That was almost 400% gains, but it required absolutely NOT HODLing and diamond hands. It required trading and understanding the data.

A great book to start to learn is The Bogglehead's Guide to Investing. It is skewed to starting with index funds, which is safe and conservative advice, but isn't going to bring in massive gains. It also doesn't involve massive risk. Things like cost-averaging are also great strategies. Rather than trying to perfectly time things, you buy on the way down in smaller chunks and sell on the way up in smaller chunks. Once you have recouped your initial investment or pulled out some profit, then the rest of the shares are play money and can be gambled with no risk.

In normal investing, "diamond hands" and non-emotional trading are key. Losses are only on paper until you actually sell. In meme investing, diamond hands are a surefire way to lose massive gains. I can't hope to cover everything in one post, but I'm happy to offer info and opinions to anyone that has any real questions. Limit orders, stops, market orders, etc. There is a lot to it and knowing more than what I see on various sites and forums being thrown around is really important if you are seriously trying to invest or make money.

Thanks, glad it was helpful to someone! Do not use a Broker. Get an online account like TD Ameritrade, Fidelity, etc. Also open a Vanguard account. You can open both I think for $2,500 (I haven't opened a new account in over a decade so I have no idea what it is now). I started with $2,500 and that Bogglehead's Guide and taught myself as I went, I eventually worked in banking and soaked up as much knowledge as I could from the Raymond James guys we had daily.

$10k probably won't supplement much income monthly, but don't worry about that. Diversify into some funds or an index fund, some high dividend stocks, some super solid boring stocks, some risky high reward plays, and then some penny stock gambles. It all depends on how much you need that money and how much time you have. Time is the biggest variable. Trend safer if the money matters to you and you don't expect big gains and don't have time to heal wounds from any big losses. Trend riskier if you don't care about the money and don't have a lot of time and just want to gamble.

I always recommend using a fake trading website where you trade with fake money (and don't earn anything). After you read that book, open a fake trading account on one of the sites designed to teach you. Start with $10k in fake money and make your buys, then watch it over some time and see how you do. You will likely lose a fair bit. Learn from that and then try again, see if things improve. If so, then start to dabble. The most important things from what I originally mentioned are not buying in large chunks at once. Cost-average buying and selling.

I think if you buy a stock, you should be required to own it for a year.

It would cut down on a lot of fuckery. Owning part of a company for 3 days isn't an investment.

I think if you buy a stock, you should be required to own it for a year.

It would cut down on a lot of fuckery. Owning part of a company for 3 days isn't an investment.

I do day trade and I also invest. I have never had a negative year. I can show my SigFig monthlies for over 10 years. The lowest year I have ever had was an 18% gain and that was the housing crash. I also hold long on a bunch of dividend stocks, AAPL, biotech, foreign investments, and blue chips. I have had massive losses at times, they just have been offset by gains. CTIC and Chesapeake Energy were two. I am crazy long on an insane gamble in FNMA. It may never pay off, but if it does, I'll be buying a private island. I've had paper losses of over $20k a day yesterday and today because of the volatility in the market. That is when to HODL and have diamond hands.

Sadly, most aren't. Many of them are buying/selling tiny (even fractional) amounts of shares. However, I've seen a lot of large buys and money in single chunks and then holding all of it. What you are saying is the correct approach. Don't sell it all, sell to cover your investment at a minimum. Sell to cover some profits (including taxes which is something I don't think many of these folks realize are coming) and pay off debt or buy something needed/wanted. Even then, debt isn't all bad. I see people 100% paying off student loans. That is terrible. Not only could student debt be seeing some relief (free money now lost), but the interest is a tax write off now lost, and likely these people have much higher interest debt in other areas. It is emotional to want to see $0 on a balance. Emotions have no place in finance. Instead they could set aside the profits to cover that student debt, invest it in something "safe" and then just continue to make the payments from that money while likely earning more on interest than low student loan interest costs. You still have the capital and nothing is lost.

You dont Get It.

I could train you, 30 years in the markets,
Its a movement. Against Financial Tyranny.

F- Em!

BUY and hold SILVER now. The antifiat.