The Stock Trading and Shitposting thread.
- Thread starter Araysar
- Start date
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
Stock Pals continues to deliver in 2nd week of April with even bigger gains. Averaging $500+/day and a 84% win rate on trades.
Stock Pals might as well be a money printer but not the Janet Yellen kind.
Stock Pals might as well be a money printer but not the Janet Yellen kind.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
Stock Pals also emphasizes low risk day trading. Making money should be fun, not stressful.
This entire month, I lost less than $600 in trading, most of these are from entering a position too soon, having to exit and then waiting for reentry.
Stock Pals is the premier FOH investment and trading club
This entire month, I lost less than $600 in trading, most of these are from entering a position too soon, having to exit and then waiting for reentry.
Stock Pals is the premier FOH investment and trading club
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
CPI announcement tanked the market for the whole morning, so day trading opportunities were few
NVDA was the runaway winner but I missed it while trading AMD. Seemed like AMD had more upside. Shitty day, but still finished it in the green. Grabbed a bunch of QQQ at a discount in my 401K for a swing trade into next week.
NVDA was the runaway winner but I missed it while trading AMD. Seemed like AMD had more upside. Shitty day, but still finished it in the green. Grabbed a bunch of QQQ at a discount in my 401K for a swing trade into next week.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
Another excellent day over at Stock Pals. Amazing tips and insights, awesome callouts and support, great strategies that are low stress and low risk
9 straight green trading days in April, nailed a really nice 90 minute run on AAPL. So far every day in April has been a green one.
pulled in another $488 on a swing trade when i bought some QQQ on discount yesterday
for a total of $1353
Done for the day, this brings me to over $5200 in April
We are open to accepting new members who will actively participate and contribute. Dont trade alone, trade with pals. Stock Pals.
9 straight green trading days in April, nailed a really nice 90 minute run on AAPL. So far every day in April has been a green one.
pulled in another $488 on a swing trade when i bought some QQQ on discount yesterday
for a total of $1353
Done for the day, this brings me to over $5200 in April
We are open to accepting new members who will actively participate and contribute. Dont trade alone, trade with pals. Stock Pals.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
Earnings season starts today with Chase, Citibank and Wells Fargo announcing Q1 results and Stock Pals has some easy tips for you to help you succeed
1. Never buy before earnings calls, this is gambling. Statistically, you have less of a chance to make money than if you went to a casino and put it all on red. At least in casino you get a 50/50 chance. In earnings calls, you typically have to have 2 positive outcomes (each of which has a 50/50 chance) and thats earnings that beat forecasts AND guiidance that is positive into the next quarter.
2. If you didnt follow advice in #1, you're probably wondering if you should "average down". Never average down into anything. Averaging down is not a trading or an investment strategy, its a mental crutch for traders to cope with a badly executed entry. If you entered too high and are watching your stock skiing downhill, the correct strategy is to exit the trade, eat the loss, reassess what the correct entry point should be and then reenter it there. Mathematically, this saves you more money as opposed to riding down your original entry to the bottom (let alone adding to the position on the way down)
Averaging down is going double or nothing after you just got wiped out at the roulette table, its a gambling reaction
Another name for "averaging down" should be "throwing good money after the bad"
Another name for "averaging down" should be "sunken cost fallacy"
"Averaging down" can still fail even if you had unlimited money to keep buying in, and unlimited time to wait for the stock to rebound
Never average down. Accept that you misjudged your entry point, and figure out where the correct entry is.
Trade safe in this earnings season and good luck. Remember, dont trade alone, trade with pals. Stock Pals.
PM me on how to join our exclusive, premier investment club on Discord that is comprised of FOH posters like you. Or you can just average down UNH with
Sanrith Descartes
1. Never buy before earnings calls, this is gambling. Statistically, you have less of a chance to make money than if you went to a casino and put it all on red. At least in casino you get a 50/50 chance. In earnings calls, you typically have to have 2 positive outcomes (each of which has a 50/50 chance) and thats earnings that beat forecasts AND guiidance that is positive into the next quarter.
2. If you didnt follow advice in #1, you're probably wondering if you should "average down". Never average down into anything. Averaging down is not a trading or an investment strategy, its a mental crutch for traders to cope with a badly executed entry. If you entered too high and are watching your stock skiing downhill, the correct strategy is to exit the trade, eat the loss, reassess what the correct entry point should be and then reenter it there. Mathematically, this saves you more money as opposed to riding down your original entry to the bottom (let alone adding to the position on the way down)
Averaging down is going double or nothing after you just got wiped out at the roulette table, its a gambling reaction
Another name for "averaging down" should be "throwing good money after the bad"
Another name for "averaging down" should be "sunken cost fallacy"
"Averaging down" can still fail even if you had unlimited money to keep buying in, and unlimited time to wait for the stock to rebound
Never average down. Accept that you misjudged your entry point, and figure out where the correct entry is.
Trade safe in this earnings season and good luck. Remember, dont trade alone, trade with pals. Stock Pals.
PM me on how to join our exclusive, premier investment club on Discord that is comprised of FOH posters like you. Or you can just average down UNH with
Sanrith Descartes
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
- 80,181
- 160,399
Great example today with JPM. It beat earnings handily.
But Jamie Dimon decided to yap to the stockholders about how unsafe the world is with World War 3 looming.
JPM stocks drops 5% in premarket. It beats total revenue numbers, and it beats EPS numbers and it still drops 5%.
Citi and Wells Fargo also beat earnings but their CEOs decided not to tell shareholders about WW3 so their stock is doing fine in premarket today.
But Jamie Dimon decided to yap to the stockholders about how unsafe the world is with World War 3 looming.
JPM stocks drops 5% in premarket. It beats total revenue numbers, and it beats EPS numbers and it still drops 5%.
Citi and Wells Fargo also beat earnings but their CEOs decided not to tell shareholders about WW3 so their stock is doing fine in premarket today.
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