[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 1.14 MB, 612x928, Screen Shot 2020-04-02 at 8.30.40 PM.png [View same] [iqdb] [saucenao] [google]
20369482 No.20369482 [Reply] [Original]

I've got some cash to spend and have kinda wanted to get into daytrading for awhile. Im a total newb and don't totally understand what's going on other than "number go up". Does anyone have any advice or suggestions for where to start? Any advice would help thx

>> No.20370109

Just light your money on fire, at least then you'll get some warmth

>> No.20370419

>>20369482
When number goes down, buy SOXL.
wait until number goes up, sell SOXL.
Wait for number to go down, buy SOXL.

>> No.20370458

>>20369482
>asking financial help in a token carving senegalese anonymous forum

already did not make it

>> No.20370528

>>20369482
Experience is best teacher
Start with a modest amount, $500 or so
DONT DO OPTIONS until you understand what the fuck is going on
Buy recognized brands that are going down in value
When they go up to a price you think they might peak, sell
Lurk the daily threads to learn about shit like SPY and TQQQ stocks
Use a beginner app like Robinhood
Keep up with news to see if a stock may do well or is doing poorly
Be patient