Topics

16

General Discussion / Ring Toss Winner

« on: August 19, 2022, 11:15:55 AM »

Walked away a winner on the first try and still plenty of rings left but only one winner per family per day here which is fine and made someone extremely happy. A stranger said she spent $50 trying to win this exact toy for her daughter but wasn’t successful and offered to buy it but the winner said nope. 

17

Money & Investment / Crypto

« on: January 28, 2022, 11:19:38 AM »

Crypto has crashed big recently, just dropped 50k for the long haul. Do your own dd.

Yes, just opened a Robinhood account for crypto. Limited crypto here but no gas fees and what I want are already here.

18

Money & Investment / SPY 500

« on: December 24, 2021, 02:02:53 PM »

at the start of the year
when that dude was calling for a ceiling...
i told him $SPY 500
we got a long way to go yet end of the year

Hindsight is after the fact incase you don’t know lol

I never called for a market ceiling because I know better than to time the highs and lows. Your comprehension is like your hindsight, not much. Don’t think you will wake up any time soon.

You’re the only idiot who is calling stuff. I will put a million dollar that spy will not be 500 end of year on dec 31 after market closes. We will see who is right rocky when dec 31 comes.

You have 5 trading days left in 2021, you think SPY will improve by $30? Good luck because you are going to need it.

19

Money & Investment / Walley’s beginner guide

« on: October 22, 2021, 10:44:01 AM »

This is a basic guide for stock trading. Understanding the topics below are useful for any type of trading or investment. Thinkorswim is considered a good general platform to use for beginner traders, but you are not limited to it. Just make sure you enable real time data. Here is a video about enabling real-time data https://youtu.be/ASNPoq4L_AQ. You can message support within the thinkorswim platform if you don’t have real time data in the platform or come across any other issues. Use paper trading and the on demand feature to learn and practice before using any real money.
Note for Those That Are Considering Day Trading
Day trading will be one of the most difficult things you will ever do, but will be very rewarding once you attain the skillset. Most will say that 95% of day traders fail. You are going against yourself and the best in the world. You will lose and you will need to learn to lose. With that in mind, spend the time to learn and put in the screen time to get the experience. YOU HAVE TO COMMIT TO THIS, OTHERWISE YOU WILL FAIL. RISK MANAGEMENT AND CONSISTENCY IS THE KEY FOR SUCCESS.
You need to avoid trading like the following popular people and those like them, especially if you are new. They have some good informational videos and make a lot of money, but they tend to trade penny stocks and low float stocks, which are easy for them to manipulate.
Timothy Sykes
Ross Cameron
Steven Dux
Basic/Useful Information
Watch this before you start to trade https://youtu.be/pgpac3472JY
How the stock market moves https://youtu.be/Y0jP5QBlL5w
What are pre-market and post-market hours? https://youtu.be/TVyJG2ZnpWE
Stock trading lingo https://youtu.be/O2QOz8igtpQ https://youtu.be/KqlZkotuh0k
What are the differences between cash and margin accounts? https://www.youtube.com/watch?v=_Ta6cSTaRZw
What is float and why does it matter? https://youtu.be/mbUqLPlPqBg
Common types of stock order types https://youtu.be/QYjB43EqraQ
What is a circuit breaker halt? https://youtu.be/Kh4Vcs4RpCU
What is Short Selling Restriction (SSR)? https://www.youtube.com/watch?v=NBPv1Et5Agc
What is stock delisting? https://youtu.be/sT9od3xVKYY
Risk management https://youtu.be/1z8_qGvO144
What is smart money? https://youtu.be/4Oe-7ofZclc
Market manipulation https://youtu.be/clB8yfVna64
What is a pump and dump? https://youtu.be/mFEf5WwR5ZU
What are dark pools? You want to understand this because about 35% of trades happen in the dark pools. https://youtu.be/0a16ubeWJvE
The biggest problem for day traders https://youtu.be/rvOz7XFjMtQ
Mastering the skill of taking a loss https://youtu.be/YIr4OB9cK1o
How goals help traders profit https://youtu.be/pS8eG0Dilxw
Keys to becoming a better trader https://youtu.be/lgTj6kKos4o
Day trading psychology https://youtu.be/QM_gV4ahhUM
Psychological mistakes of traders https://www.youtube.com/watch?v=u4k96uMx3dU
How to predict what the stock market is going to do https://youtu.be/unLub2LYJyc
Everything you need to know to profit from trading the news https://youtu.be/B7RfhK_lXL4
Trading Platform
Open an account with a broker https://www.tdameritrade.com/
Download trading platform https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page
Enable thinkorswim platform settings https://youtu.be/Gzt6mM3Iuyo 
Basic setup https://youtu.be/Hjn40uLaewQ
Indicator setup https://youtu.be/ipHPp5SEosE
Basic stock order types https://youtu.be/9lMHnK9eqQw
Scanning for stocks https://youtu.be/AJnISPfuOdA
Charts
Chart timeframes https://www.youtube.com/watch?v=BSyNbCPLQ5I
Candlestick formation https://youtu.be/oIHJuRn-zy8
Candlestick retracement and penetration https://youtu.be/13SWXqtSRX0
Volume and liquidity https://youtu.be/DxF-q2fCykA https://www.youtube.com/watch?v=QYo8m9o6N_g
Use multiple chart timeframes https://youtu.be/Dnh1uya1QAg
More charting tips https://youtu.be/RJ8wXrzPmrs
Support and resistance https://youtu.be/k4PIea7hTZI https://youtu.be/stZ5PmTo4rE
Support and resistance how to tell if it will break https://youtu.be/K5dnTdg7Lz8
Properly identify breakouts https://youtu.be/n_qgPGPTBEE
Trading reversals, pivots and volume https://youtu.be/dzLdPCJDius
Patterns https://youtu.be/o6hZma0bajE
How to draw supply and demand zones https://youtu.be/xJJa0NuqsA8
Level 2 and Time and Sales https://youtu.be/Rn5rMtwI81w
Basic Indicators
        These are some basic indicators I found helpful in getting me started. You can update your strategies once you get more experience and find which indicator is useful or not useful to you based on the way you trade.
VWAP https://www.youtube.com/watch?v=5VUa6jAJpwk
EMA and SMA https://www.youtube.com/watch?v=09c1giawo4g https://youtu.be/FNHfQOjk1CI
RSI https://www.youtube.com/watch?v=C6z4Ntf4Yos
Divergence https://www.youtube.com/watch?v=BBJQ8-lGlbE
MACD https://youtu.be/eob4wv2v--k
Useful Tools (do not buy or sell solely based on any of these tools)
        I’m personally subscribed to BlackBoxStocks, BookMap and FinViz.
https://blackboxstocks.com ($100 a month) Useful to quickly see time and sales and level 2 sentiment through a visual indicator, see stock and options alerts, aggregated option flows and dark pool orders. This helps you see where smart money is moving, which will move the stock prices. The service also includes a discord channel for mentor alerts, listening on mentors talk as they buy and sell, help from mentors and others and the news stream from thefly.com. This is my favorite tool used for options flow.
https://finviz.com ($40 a month) Useful for seeing the overall market in a heat map. Real time if you pay for the elite version. Useful for screening and identifying trending stocks and stocks in certain patterns and news that may move the market. I like using this to see institution holding and short float percentage and as a scanner for stocks in certain patterns.
https://bookmap.com/ ($40-$80 software + $50-$100+ data feed a month) I primarily use this to visualize level 2. You can also get it through thinkorswim for $40 a month and it’ll use the data feed within it. It's the same data feed you get from paying the extra fee with the standalone software. The thinkorswim version doesn’t seem to contain all the features when compared to the standalone, but it's enough for me.
https://www.marketwatch.com/economy-politics/calendar and https://us.econoday.com/byweek.asp?cust=us and https://www.federalreserve.gov/newsevents/calendar.htm are useful economic calendars that can show scheduled events that may move the market
https://www.earningswhispers.com Useful for seeing the earnings calendar
https://www.tipranks.com Useful for comparing price targets from the “experts”.
https://stocktwits.com Useful for seeing trending stocks and sharing information. DON’T trade based on the “hot tips” here.
https://www.tradingview.com Useful for making quick charts, reviewing/sharing charts, basic company financials and news. Some people also use it as their primary charts.
Short Sale Circuit Breaker lists NASDAQ https://nasdaqtrader.com/trader.aspx?id=ShortSaleCircuitBreaker NSYE ftp://ftp.nyxdata.com/NYSEGroupSSRCircuitBreakers/
Recommended Stock Market Related YouTube Channels
        Financial Education and Investments
Tom Nash - https://www.youtube.com/c/TomNashTV
Stock Moe - https://www.youtube.com/c/StockMoe
Let's Talk Money -  https://www.youtube.com/c/LetsTalkMoneywithJosephHogueCFA
Jeremy Lefebvre - https://www.youtube.com/c/FinancialEducation https://www.youtube.com/c/FinancialEducation2 https://www.youtube.com/channel/UC_xMKlHYdRNXLX9XzuOLjsg
AK Fallible - https://www.youtube.com/c/Fallible
Trader University - https://www.youtube.com/c/TraderUniversity
Meet Kevin - Helps understand how political jargon may affect the market https://www.youtube.com/c/MeetKevin
Peter Schiff - Economist/financial commentator https://www.youtube.com/c/peterschiff
Ark Invest (Cathie Wood) - CEO of investment management firm https://www.youtube.com/c/Arkinvest2015
Ray Dalio - Hedge fund manager of one of the largest hedge funds https://www.youtube.com/c/principlesbyraydalio
Mark Moss - Investor/Entrepreneur https://www.youtube.com/c/MarkMoss
        Trading and Technical Analysis
Live Traders - https://www.youtube.com/c/LivetradersNet
Rayner Teo - https://www.youtube.com/user/tradingwithrayner
Market Reviews and Preparation
StockedUp - https://www.youtube.com/c/StockedUpMikeDAntonio
Trading Fraternity - https://www.youtube.com/c/Thetradingfraternity
Right Way Options - https://www.youtube.com/c/RightWayOptions
        Supply and Demand Analysis
Carmine Rosato - https://www.youtube.com/channel/UC9KV4pshtiKoQF_IanKiT_w
AFX - https://www.youtube.com/c/ATLASFX
Other Stock Market Related YouTube Channels
        Various Financial Education, Investment and Trading Tips, Stock Market Thoughts
J Bravo - https://www.youtube.com/c/BillStenzel
ZipTrader - https://www.youtube.com/c/ZipTrader
Blaze Capital - https://www.youtube.com/c/blazecapital
ClayTrader - https://www.youtube.com/c/Claytrader

20

General Discussion / Rock, another go fund me

« on: April 15, 2021, 02:25:25 PM »

You choose the amount but it has to be above $200 and below $500 and I’ll match you. None of that $20 or $5 donations. Lets see if you’ll show up to this dance for this young Hmong brother up in Wisconsin. I have no relationship with this fund.

https://www.gofundme.com/f/burial-and-funeral-for-our-beloved-antonio-her?qid=6e48aba653409d248bcc018630a0adeb

21

Money & Investment / Markets ceiling height

« on: April 05, 2021, 02:44:18 PM »

33.5 dow, 13.6k nasdaq

Who is nervous especially those that have no strategy for the downturn?

22

Money & Investment / Dividends and Retirement (early)

« on: April 02, 2021, 01:45:35 PM »

This biotech dividends consistently covered my water bills every year. My other dividends covered a significant portion of my bills now but the goal is to cover all for early retirement. May even consider selling everything and travel indefinitely. After leaving work, tax bracket goes down and may pay nothing in long term capital gains tax when kept under a certain numbers. What are your goals for retirement and what are you doing toward it aside from regular social security, 401k, ira plans, pensions or hands off plans?

*Not a financial advisor so do your own DD.

23

Money & Investment / What kind of investment

« on: October 27, 2017, 03:10:26 PM »

would you do with 500k?