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Author Topic: show you guys how I day trade ( $1500 to $1553.07)  (Read 2423 times)

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Offline hmgROCK

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #105 on: February 08, 2019, 06:56:24 PM »
wisemon,

nobody is calling no one stupid
i think i know your strategy
you are playing on earning report
and with your biotech, new FDA approval, testing result, and discovery

trust me, i know bro
i've been in this game for a long time
like i say it can go

50/50

if you choose to go this route,
i recommend you put a stop loss


not trying to scam everyone here
hmong people just started playing this white man game
so gotta spread the word and teach people the right stuff


« Last Edit: February 08, 2019, 06:59:01 PM by hmgROCK »

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Offline darkhelmet

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #106 on: February 08, 2019, 09:28:44 PM »
Bro where you from?



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Offline hmgROCK

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #107 on: February 08, 2019, 10:37:01 PM »
Bro where you from?


Wisconsin
Northern part

Wish i can go down to Foxconn
And gain 6 figures

Jk

Money means nothing to me



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Offline darkhelmet

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #108 on: February 08, 2019, 10:50:17 PM »

Wisconsin
Northern part

Wish i can go down to Foxconn
And gain 6 figures

Jk

Money means nothing to me

Really?  Me too bro

Foxconn been slow to create jobs, seem they have habit of lying.




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Offline w1s3m0n

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #109 on: February 09, 2019, 09:29:00 AM »
As I said, we've read all the decent books on trading and investing.  High-frequency trading has been out for over a decade.  The current thinking is HFT algos will one day replace day traders.  Day traders value to the market (liquidity) will no longer be valuable, and day trader will also no longer be able to compete with the algos.  One rich Chinese billionaire did a TEDTalk about it a few years ago.

Collecting nickels and dime is not how the HFT trade.  They collect half a penny or a tenth of a penny.  They also have ZERO friction in trades so the whole transaction cost them nothing.  Unless a trader is using Robinhood they will have friction...Als o, Robinhood doesn't have priority so it's not for guys trading with a six-figure account.  It's a platform for what marketer call priming.

i don't know his situation
i don't know your situation

this thread is just about day trading
getting in and out
collecting nickel and dimes
trying to show you guys how i do it
share us your strategy

this strategy is what the super computer are doing
but at a much faster rate
and collecting pennies





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Offline w1s3m0n

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #110 on: February 09, 2019, 09:31:39 AM »
Their culture is HORRIBLE.  They treat people as replaceable parts. 

Wisconsin
Northern part

Wish i can go down to Foxconn
And gain 6 figures

Jk

Money means nothing to me


« Last Edit: February 09, 2019, 09:33:54 AM by w1s3m0n »

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Offline w1s3m0n

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #111 on: February 09, 2019, 10:08:26 AM »
wisemon,

nobody is calling no one stupid
i think i know your strategy
you are playing on earning report
and with your biotech, new FDA approval, testing result, and discovery

trust me, i know bro
i've been in this game for a long time
like i say it can go

50/50

if you choose to go this route,
i recommend you put a stop loss


not trying to scam everyone here
hmong people just started playing this white man game
so gotta spread the word and teach people the right stuff

Risk management and portfolio theory can be simple.  Here is an algorithm.

You have 100 dollars.  You can only buy 10 dollars of stock at a time.  You can only have 70 dollars (7 position) out at a time.  Why save 30?  The 30 dollars is your cushion.  You are not to use it unless you are stuck and believe the market is wrong.  This allows you to average down or absorb losses without breaking the bank.  Some argue for 5 dollars a time OR only 50 out at a time (never all in one position), but these guys are SUPER wealthy.

Now that you the defensive strategy setup, how do you select your offensive strategy?  Offensive selection is the HARDEST part:

VALUE INVESTMENT THESIS
If you use Buffet, Bogle, or Graham's method then the selection is pretty straight forward.  If a company pays a dividend and it's a consumable business that people will always need then invest in it if they have good management and culture.  In addition, invest in what you know.  The classic case here is Coca-cola 30 years ago.  I don't know if I recommend coca-cola because sugar drinks are fading for healthier drinks.  This is YOUR strategy.  This strategy is called a LONG game and has a basic principle of dividend paying and profit over time = wealth.  TRUE.  Since this strategy is long-term, I decided why should I do the work when the fund manager is doing this for me?  So for my 401k/IRA I let the fund manager do the work.  It's far more efficient than what I can ever accomplish.

CYCLE/BALANCE INVESTMENT THESIS
If you use Lynch, Templeton, and Dalio method then they state that market moves in a cycle.  Their goal is to identify market cycles and invest going into the upcycle, and bail before the down cycle.  Lynch also encourages to take the risk.  If there is blood on the street, you buy is what these guys would do then you sell when euphoria sets in...  Today we call this the hype cycle.

Aside from that, there's the basic accounting 101, read the balance sheet, income statement, look at free cash flow...this type of review doesn't work on a growth stock because they normally are burning cash and raising cash.  For example, Buffet and Graham method never have seen Amazon, Ebay, Facebook, etc... because the value thesis would never see the growth thesis.  In 1990 to the present, the growth stocks outperformed the value stocks.

GROWTH/DAY TRADING INVESTMENT THESIS
This is one is harder to describe because fads do exists.  In growth, you look at technology stocks and invest in a company with significantly higher growth than the market.  For every facebook there is a myspace.  So there's really no repeatable way here...Some use a metric in tech stock like number of users...for example Daily Average User is a growth metric for social media.  But what about a biotech stock?  Clinical trials make and break a biotech...so good clinical can mean 100% gain...but this is like gambling....so what really comes down to is that 50/50 as you've said...but it's slightly better than 50/50.  One way to get some advantage is you look at trend...if a stock is trending negatively before the catalyst, the short cover will be higher...  In this game, information is wealth, and so staying on top of information is key...  Some people use scanners to scan the market for news and trend.  Some people use technical analysis 50dma/200dma, RSI, stochastic, macd, volume and so forth.  In my opinion, volume leads to pricing...one catalyst is ER...so in my game I was playing ER...  You are right...I should have use a stop loss but it didn't matter...by 9am ET, the 10% loss was there.  So I said keep it due to 24% revenue rise from last year...the market is wrong...time will tell.  It's also telling me I should buy SNAP but I'm scared their DAU is not mDAU.


I honestly try a bit of this and that...to figure out my own investment style.  As you said, risk management is the most important thing and to each their own.  My 401k/IRA is long term, so the portfolio is high risk only in funds...I'll adjusts it downward as I approach certain age.  My day trading account I day trade...To be VERY HONEST, it's a hobby...it's shop talk to senior management.  Sometimes I don't trade actively and I put them into ETF and work.  Sometimes I get excited about trading and I start to research the market to see what to do.  I think most importantly,  nobody rises to the top rank without understanding economics and markets.  Nobody gets to the top position without learning how to make sound decision based upon high ambiguity, and being able to talk about learning from bad decisions.  Call it practice to stay on top of things.

GTLA


« Last Edit: February 09, 2019, 10:32:09 AM by w1s3m0n »

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Offline hmgROCK

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #112 on: February 11, 2019, 07:34:32 AM »
good stuff
hopefully we can convince/get more people involve with this white man game

outside the 401k at work
a lot of hmong folks don't really have anything
not even a brokerage account/roth
getting people to change their hearts and mind

i wrote a couple of guides here
but i don't think people are interest

getting to realized that 10%ish yearly is pretty good



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Offline hmgROCK

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #113 on: February 11, 2019, 07:48:40 AM »
5 minutes x 48 (30 mins) per 24 hour day = 240 minutes

Man what a waste... I bet buying the winning lotto numbers take much less time than that...

got dumb ignorant hmong people like this
instead of asking the right question and learning
they come here and attack

if you are not interest
no need to open your mouth

just moved on



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Offline darkhelmet

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #114 on: February 11, 2019, 10:25:40 AM »
I tell all my family members to open a Vanguard / Fidelity account and contribute as much or as little as they can monthly.  Every penny helps to build long-term wealth.  Especially, since they are all younger, they got time on their side.

I don't suggest they play stock market.  Just buy and hold.



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Offline theking

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #115 on: February 11, 2019, 12:40:10 PM »
got dumb ignorant hmong people like this

"got dumb ignorant hmong Nostradamus like this" that continues to fail and even get called out by other for giving "bad investment advise"...

Quote
instead of asking the right question and learning
they come here and attack

"instead of" taking ownership of his wrongs and learn from it, he continues his epic failure cycle and run to the "MOD" and cry about it when someone points out his fraudulent failures even though he also put them down like a know it all...

Quote
if you are not interest
no need to open your mouth

just moved on

"if you" cannot take ownership of your wrongs and learn from it, "no need to open your mouth"...



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Offline w1s3m0n

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #116 on: February 11, 2019, 08:01:10 PM »
ATVI has been taking a beating.  I am thinking the $40pps is priced in already for ER.  Took a position in ATVI.   ;D ;D ;D ;D  I already recover my twitter lost and some. 

Just share a couple with you
Donít see you put these down yet

EA
ATVI

these two look good for a swing trade
Videogame stock, NFL starwar, call of duty, Warcraft

Play caution



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Offline hmgROCK

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #117 on: February 11, 2019, 10:05:33 PM »
ATVI has been taking a beating.  I am thinking the $40pps is priced in already for ER.  Took a position in ATVI.   ;D ;D ;D ;D  I already recover my twitter lost and some.

Im thinking about ATVI too, bro
Im a huge fan of the call of duty series
Used to play Warcraft
Love overwatch
They got some good games

But they been doing stuff I donít like
Mostly mircotransacti on
It is really toxic

I was playing the new call of duty
And they wanted $1 for a red dot sight

Iono

The signs are not good on this one
They part way with destiny
The Warcraft expansion suck, people quitting
The new call of duty is pretty bad

Im thinking this thing is going tank
I will probably short




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Offline hmgROCK

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #118 on: February 11, 2019, 10:11:06 PM »
Looking for it to tank to $35
Iíll sit out
Plus free battle royal is where its at
Aka fortnite

ATVI

I will be careful with this one brother
They havenít make good games in a while

Actually all games suck these days
Too many mircotransacti on


« Last Edit: February 11, 2019, 10:13:18 PM by hmgROCK »

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Offline hmgROCK

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Re: show you guys how I day trade ( $1500 to $1553.07)
« Reply #119 on: February 11, 2019, 10:38:14 PM »
Wiseman

I donít recommend you buy ATVI
All the bearish signs are there
You know they laying off hundred of workers
CEO and top brass are leaving

Put a stop loss at 1-5%
This thing is going down



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