Investing question #2

It is hopelessly overpinned today

Should you have put your money in crypto at the beginning of the year?

Yes...Yes you should have


Regarding your question - you buy at market price or put a bid in below the market price & hope it dips & you get a taker

Good luck

Not advice but be careful of FOMO

one of the first articles disagrees with your "HOT STOCK" assessment

[link to www.investorsobserver.com (secure)]

Earnings call at 5pm

Lawsuit to be aware of

[link to www.businesswire.com (secure)]

Its up because they released the earnings report today, so the stock ran in anticipation of the earnings.

It also looks like they missed their estimate by $0.13. Typically, you are going to see a sell off after an earnings report - I have a personal rule to NEVER hold through earnings because stocks dip afterwards and then you are left waiting for some sort of catalyst to get the price back up so you can sell.

My advice would be to not be too eager to pick this up tomorrow. Wait a bit - at least to 1PM EST or so and see if its going to continue (my bet is that it will not).

I rarely trade big board stocks (NYSE, S&P,) because they just don't have the excitement I like. I hate waiting 6 months for a stock to maybe go up 30-50%.

I day trade penny stocks on the OTC market and I see 30-50% gains in an HOUR or two - sometimes I see 400%+ in a day. I have been making $3-$6K a month trading with the same $3000 - I just take my gains and reinvest my original $$.

You sound like a newbie which means, you will be skinned alive.

Get some experience PAPER TRADING and then jump in with 5 shares at a time UNTIL YOU CAN CONSISTENTLY MAKE MONEY.

Dont be greedy, go for small hits (10-30$).

There is a lot of TRICKS used that you need to learn such as
fake breakouts before you go live with serious money.

Get up to speed with ThinkOrSwim platform.

Read the book the Intelligent Investor and realize what is truly the point of INVESTING, not gambling.

Then after that, read some more and take a cautious approach based on actual merit based investment vs trying to follow net trends/tips.

Great advice!

Anything short of three years is gambling...If you are not a long term investor, because you are making a loan to a business, then you are gambling...

DOGECOIN

Become a day trader with 20k minimum and trade after-hours

THIS!

All the best,
Elon

generally trading taking place in ext hours is done on very very low volume. when price shoots up on that low volume what tends to happen when the market opens is what one might call a "flash crash".
be careful not to be the last fool on the pile.

Day trading and penny stocks was good until Feb 1, when desperate larger fish now took over the pond.

This gobble effect will happen so large that countries will topple at this point.

Then the whole world goes into reset. Happening quickly.

Didn't Elon just blow up two rockets for the insurance money... because the wealthy are desperate since the Feb 1st changes?

AH trades are "limit" type. Place an order for the amount you wish to buy, set the price and wait.

Simple answer, you CAN'T!

IF you could, you wouldn't have to ask here.


.

Thank you for all your advices.

Here is another one:

Why SMTOY does no show any movement since yesterday?

You are certainly someone I would love to follow - Stocks are something I have been really interested in since having a child, I want to invest in his future. Thanks for the advice!

I dunno. But I do know where you can get free FARM. Publish0x. Just read and tip. Viola! You get free farm sometimes!

Since the gamestock fiasco

The markets been put on crise control

Yellnin even said the numbers are even bigger than the 2008 / 9 numbers

Don’t listen to some of these people here, you can trade in Pre Market and After Hours trading, these are called “extended hours”. Certain platforms offer it and some don’t,

What platform do you trade with?

Look at a stock with the symbol ZNOG. It has taken them 6 years to finally get their first oil rig up in Israel. The rig can drill horizontally and produce oil equivalent to 10 rigs that are vertical. They have two wells drilling and they have yet to hit oil. The stock closed yesterday at $0.70. If they hit oil it will scream to the $4 to $5 range. They have 30 full time employees. They are based in Dallas,TX.

You can't. At least not meaningfully. As someone pointed out some places offer extended trading to retail investors, but it doesn't matter. You can't trade at the same speed and levels as the institutional investors and you don't have a Bloomberg terminal or anything so trying to play in those circles is useless. The best you can do is place a limit order now for tomorrow at open. If it just popped today, chances are that there will be a sell early at or close to open. Have your limit order be around the close price if that is what you feel comfortable with the price at and wait. Unless it rockets and continues to rocket, there should be a retraction at some point early on or mid-day. Get in then.

What platform do you use and don't you have to have $25k minimum in the account to have unlimited trades throughout the day?

Me as well!