Anyone here making money off of stock market?

[Sugar Adam Ali]

Why don't you use &/or like Robinhood? Idk what Schwab offers, but I'd definitely suggest RH over Etrade or any of those $7.95 per trade type deal sites. If you're just some random cat with under 10k to invest or wanna dollar cost avg, like you brought up, over several weeks or years I'd say RH is the superior & cheaper method to do that, but you for sure got more experience than me so you might know something I don't with all this.

Schwab is 8.95 a trade, $500 to open, you can invest commission free into any schwab index fund, the cost is .03 year
Y which is the lowest available.
Commission free into a schwab index fund, I have been basically investing for free. Plus I have had great customer service from them in the past, and they will reimburse you if account gets hacked and you get wiped out.. that's one thing that scketchy to me about strictly E- based brokers..

[B.UTLER]

"The study shows that LSI outperform DCA about 2/3 of the time. This makes sense because historically, the stock market has gone up over the long term. When you wait (DCA), you’re losing out on the gain the market is making."

[Kuyukut]

if you're really into aggressive investment, my advise is try a casino then go all in on a game of blackjack. you can double your money in less than a minute.

[Monaco Slim]

The stockmarket pays my food, bills, holidays and whatever I feel like buying. Here's a few short term trades from last month

[Sugar Adam Ali]

"The study shows that LSI outperform DCA about 2/3 of the time. This makes sense because historically, the stock market has gone up over the long term. When you wait (DCA), you’re losing out on the gain the market is making."

no your also not missing out on big declines..

The easiest money to make is buying on dips,,,

Buying 20 times in 20 years

Or buying 240 times in 20 years- you are going to be able to buy the quick dips ...

That's where the big money over the long term, buying the tips..

thats what these articles don't take into consideration.. they are just using a generic template of same time period, same amount, same frequency, when an investor wouldn't do that using Dca. If the market crashed tomorrow your guy is ****ed, and I can buy some more at really cheap prices, if it gets too high, hold off an wait.

Using dollar cost averaging just means not putting invest in all at once, not some formulaic routine over and over again.. it allows one to be fluid.


Anyways who you gonna believe- some internet writers, or the money managers that actually use it as part of their job success

[B.UTLER]

TS Google COL financial. It's more exciting to invest in Philippines stock market. Their mutual funds have higher return too.

[Monaco Slim]

i have 7k to play with. im looking into aggressive trading.

If you've only got 7k then there's really no point in long term holding, just use it for learning to day trade, perhaps that's enough to pay for your weekly shopping once you get half decent at it. The rent/mortage once you get really good, but definitely stick a hell of a lot more on there.

Once you get really good at it after a year of experiencing getting burned hard and making epic equity comebacks then you'll start making serious money in short periods of time.

[Sugar Adam Ali]

If you've only got 7k then there's really no point in long term holding, just use it for learning to day trade, perhaps that's enough to pay for your weekly shopping once you get half decent at it. The rent/mortage once you get really good, but definitely stick a hell of a lot more on there.

Once you get really good at it after a year of experiencing getting burned hard and making epic equity comebacks then you'll start making serious money in short periods of time.

I would highly advise against this unless you are very astute at trading..
He could just as easily burn threw 7k in a week day trading. Plus dude probably has bills to pay so he has to work. Average person doesn't have the time or knowledge to day trade. So aren't even investors or investments, just traders and trades.

If you can be a successful day trader- more power to you. But it's not easy and not everyone is capable of it, especially your typical average investor.

Day-trading was invented by trust fund babies that never had to work but wanted to pretend they had a job.

Day traders are like when someone says they are a pro poker player. I'm sure there are some greats but most flounder. Same thing with rappers and rock bands

[KING MEAT]

To TS are you interested with long term stock investment or you want to try day trading because they are different. Day trading involves technical analysis (you analyze the graph). The other involve fundamental analysis where you analyze the company based on its performance, good or bad news about this company.

Either way both involves a lot of work.

Based on your previous posts, you don't strike me as a smart person.

You should stick to mutual funds and leave it there for many years instead.

lol damn..
this is why i started this thread. to get more info/advice.
i appreciate your take tho. im still a beginner but i feel like this is gonna become a hobby for me.

[KING MEAT]

I invested in private prisons with trump getting elected.

They are going to make bank off the immigration reform. All my stocks sky rocketed already.

I think private prisons is the most despicable industry in this country, and I'm completely against them, but that was such a obvious winner as far as stocks go I had to do it.

I didn't invest a lot though, I hate wall street, and want to be cash rich enough where I can buy a house in the mountains somewhere, for when this whole thing crashes.

It's gonna crash guys, be ready for it.

im thinking about investing on whatever company takes on the wall and dakota pipeline. you think thatll be a good move?