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Day Trading

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newcarscent7 On about 20 hours ago




Cleveland, Ohio
#1New Post! Aug 26, 2018 @ 16:15:52
Does anyone here make a profit off daily buying and selling of company stocks?

If so, I'd like to designate this forum for the discussion of up and comers, flips, news and general topics on the matter.
newcarscent7 On about 20 hours ago




Cleveland, Ohio
#2New Post! Aug 26, 2018 @ 16:17:01
I've been dabbling in cannabis stocks long term, such as CGC, which just received a $4 billion investment from a brewer for Corona. I made a nice 40% return this week alone.
cole On March 08, 2019




Stirling, United Kingdom
#3New Post! Aug 27, 2018 @ 09:05:36
I always wanted to do something like this and I watch markets fairly closely. I remember a couple of years ago a large Travel company in the UK seen their stock price fall from £1.60 a share to 9p in the matter of 24 hours. They desperately need a cash injection. I knew just from the sheer size of this company and they amount of people that take on holiday (10s of millions each year) they were not going to fail and would get rescued. If only I had a couple of thousand spare I would've taken a risk. Sure as hell they got the cash injection and were back up at £2 per within days. (not quite Day trading but close)

Same with Royal Mail the once nationalised UK postal service. When the Government decided to privatise them the shares we being offered at about the £2.50 mark, within hours of them going live they were changing hands at £4-£5

One that I suspect will happen in the near future is the Royal Bank of Scotland which was semi nationalised during the financial crash of 2008. It's still 70% owned by the UK Government mainly due to the fact that they doubt they can get back the money they injected never mind a profit due to ongoing fines from various regulators (libor rigging etc) these fines are coming to an end and the bank is returning to profitability so I suspect in the next year or two the bank will be re-privatised. The government plans to offer ordinary citizens first rights to buying shares at a really good price and I know fine well they will jump at least a couple of pounds per share within hours of trading.

It's the initial funding I lack, i'm just a poor single father
newcarscent7 On about 20 hours ago




Cleveland, Ohio
#4New Post! Aug 29, 2018 @ 16:22:29
@cole Said


It's the initial funding I lack, i'm just a poor single father



Unfortunately, that's how it is for almost everyone right now. I try to hype it up to my friends and family, but they all say they either don't have any funds to invest, or they don't want to risk it.

Personally, I worked part time and saved a decent portion of my check for investing. I would buy about $50-200 a month in up-and-comers, or promising gains. Now I don't even work hourly, I just watch the market and make profits with the capital I've accumulated.

At this point I make an average 9% return daily, and though I'm marked at a pattern day trader, I mark it under "Capital gains" under my taxes, and it pays my bills and makes up 95% of my income.

I can honestly say that, after doing hours of research and homework every day, making a profit off the market is not only rewarding but also very easy!
Leon On 50 minutes ago




San Diego, California
#6New Post! May 04, 2019 @ 06:34:10
I have what is known as the lazy 3-fund portfolio, famously promoted by deceased investor guru Bogle.

It’s basically a hands off approach that keeps regular contributions at a set percentage between a total US stock market index based fund, a total international stock market index based fund, and a total bond index based fund. Bogle himself suggested Vanguard’s big three: VTSAX, VTIAX, and VBTLX, and at a 40%, 20%, 40% ratio, respectively.

And then that’s it. Other than the regular contributions, just leave it until you’re ready to retire and cash in. No hassle, less risk than daily trading, and, since they are index funds, very low fees. Should grow at a 6% yearly clip on average, which slightly outperforms most mutual fund based retirement portfolios.
newcarscent7 On about 20 hours ago




Cleveland, Ohio
#7New Post! May 06, 2019 @ 17:26:39
@Leon Said

I have what is known as the lazy 3-fund portfolio, famously promoted by deceased investor guru Bogle.

It’s basically a hands off approach that keeps regular contributions at a set percentage between a total US stock market index based fund, a total international stock market index based fund, and a total bond index based fund. Bogle himself suggested Vanguard’s big three: VTSAX, VTIAX, and VBTLX, and at a 40%, 20%, 40% ratio, respectively.

And then that’s it. Other than the regular contributions, just leave it until you’re ready to retire and cash in. No hassle, less risk than daily trading, and, since they are index funds, very low fees. Should grow at a 6% yearly clip on average, which slightly outperforms most mutual fund based retirement portfolios.



6% yearly isn't going to pay my rent :/ But thanks for the advice
Leon On 50 minutes ago




San Diego, California
#8New Post! May 06, 2019 @ 17:44:01
@newcarscent7 Said

6% yearly isn't going to pay my rent :/ But thanks for the advice


It’s for a retirement pension supplement, not rent (or, in my case, mortgage payments). And I wasn’t giving you advice, but if I were to give you advice, it would be to not try and pay for your rent via day trading. Instead, get a job that pays a solid, stable income.

Just me though. Do what you fancy of course.
newcarscent7 On about 20 hours ago




Cleveland, Ohio
#10New Post! Jul 10, 2019 @ 17:53:26
MSFT and ZNGA and hot, consistently up. I bought a few K in each
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