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/biz/ - Business & Finance

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825030 No.825030 [Reply] [Original]

I keep losing fucking money off stocks.

Fuck capitalism.

>> No.825037

You should pick better stocks

>> No.825038
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825038

im not

>> No.825043

>>825038
How do you choose your stocks ?

>> No.825047

>>825043
i dont. i look for long stocks that are having huge buzz around them and approaching earnings report. buy low. sell high. i got into gpro at 55

>> No.825048

>>825038
How much do you win in a year and what was your original investment? pls respond btw

>> No.825050

>>825048
i do this casually. so prolly 5k a year.

i opened this robinhood account last week and put in 3k. woke up to 3171 today lol

>> No.825055

With Texas demanding there gold back from the federal reserve..the formation of the b.r.I.c.s the New dollar backed by China and Russia,,I would say currency exchange and liquid assests are ur best bet

>> No.825062
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825062

>>825030
Confirmed for good taste.

>>825037
>Picking stocks

>>825043
Index funds.

>> No.825064 [DELETED] 
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825064

>>825030
I been doing forex. since u know i can do it around the clock cause i work in the mornings.
Won here But currently as we speak im Loosing..Badly too. Only benifit is its at a upward trend but long term. so maybe ill be able to cash out tonight :-\

>> No.825067 [DELETED] 
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825067

>>825064
Forgot to cut out my Login lol.

>> No.825141

>>825038
what app is that? im 18 and have $3000 saved up from working summers every year during highschool should i invest it?

>> No.825176

>>825141
dude said it in another post its robinhood, But id reccomend acorns.

>> No.825408

>>825050
wish we had robinhood in UK, is it really zero costs?

>> No.826713

>>825062
Can you explain that? I'm new to this. Sorry if it's a stupid question

>> No.826734

>>825055
where do you get your news on the phasing out of the u.s dollar?

>> No.826737

I was doing dogs of the Dow till the oil crash raped me. Back in index funds for now but I plan on doubling down back in oil soon.

The thing about individual stocks is that you really have to have you finger on the pulse of your industry if you want your revenue based on price increase. If you are a dividend junkie, the entry point shouldn't be that big a deal because you won't be selling unless the business is folding.

>> No.827036

How much did u invest in?
Hopefully not much if u don't know how to pick stocks, when u are more experienced u should invest more money and don't be scared when it drops 5% a day, this is just short term effect if u picked a good stock.

A few tips for u
Buy low > Sell High
Buy high> Sell Higher

Believe in your picks, don't listen to fcking anyone ells (For this educate yourselves)

Never buy stocks u don't understand

Good luck

Another option is
Go sell all stocks and suck dicks

>> No.827054
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827054

>>825038
>>825047
>>825055

G A M B L E R S
you might as well play poker or roulette.

>>825062
>Index funds.
The only right answer for people who have no idea what they're doing.

>> No.827060

>>827036
>Believe in your picks, don't listen to fcking anyone ells (For this educate yourselves)
You sound (and write) like a retard.

Stocks aren't sports teams, and you aren't a cheerleader. Stock picking is a failed strategy no matter how hard you "believe" in your picks.

>>827054
>>Index funds.
>The only right answer for people who have no idea what they're doing.
And for everyone else too. There's no evidence that smarts, experience, resources, or effort has any positive impact on your investment returns.

I know that's counter-intuitive, and most of you won't grasp the concept. But its the truth, no matter how strongly you deny it.

>> No.827080

>gamble money
>lose
>fuck capitalism

Typical retard. What makes you think that you can beat the market, faggot? What special information do you have that the market has not yet reacted to? What special insight? None.

You're the kind of retard that many algorithms in Wall St are making out of.

Also, your broker sells your buy/sell information to HFT and they turn around and buy/sell before you do so that you have to buy/sell at a higher/lower price than you should theoretically have to.

As a private investor, if you are playing with stocks it's because you have been duped by those seeking to make money out of your ignorance.

>> No.827103

>>827080
>Also, your broker sells your buy/sell information to HFT and they turn around and buy/sell before you do so that you have to buy/sell at a higher/lower price than you should theoretically have to.
Your description is a little off, but you are correct that paid order flow is one of Wall Street's dirtiest little secrets.

>> No.827158

>>825062
>>827054
Is it ever too early to invest in index funds, or is it better to invest as early as possible?

>> No.827180

>>827158
>Is it ever too early to invest in index funds, or is it better to invest as early as possible?
Earlier is always better than later, but yes there is such thing as "too early."

1. Investing before you've established an adequate emergency fund.

2. Investing money that you're going to need in the next 2-10 years.

3. Investing before you have a reliable, periodic wage or salary.

>> No.827189

>>827060
a index fund doesn't use "smarts, experience, resources" so nice contradiction there. The whole point of a index fund it just a passive tracker on the index you pick...
Also Warren Buffet and many others who read intelligent investor make bank off picking stocks. Also you didn't refute anything, another then throw a red herring saying stocks aren't sport teams..

>> No.827192

>>827180
The only purpose of investing in a index fund is during a bull market, which won't last forever. What is your investment advice after a invariable crash?

>> No.827204

>>825030
Let me guess, you are the same retard that spoke of how AAPL was GOING TO THE MOON! lol

>> No.827213 [DELETED] 
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827213

>>827189
>a index fund doesn't use "smarts, experience, resources" so nice contradiction there.
Please explain how it's a contradiction. Because its pretty much the exact opposite.

>Also Warren Buffet and many others who read intelligent investor make bank off picking stocks.
Warren Buffett doesn't pick stocks. BRK an investment company that focuses on capital acquisitions and strategic combinations, neither of which is possible for an actively managed fund. While BRK does also engage in some traditional investment activity, its a tiny portion of their revenues. Take a look at the their most recent 10-K and see how small Investment Gains are compared to their other income sources.

>>827192
>What is your investment advice after a invariable crash?
Same as before and during. Buy and hold. Duh.

Stop being such a moron.

>> No.827214
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827214

>>827189
>a index fund doesn't use "smarts, experience, resources" so nice contradiction there.
Please explain how it's a contradiction. Because its pretty much the exact opposite.

>Also Warren Buffet and many others who read intelligent investor make bank off picking stocks.
Warren Buffett doesn't pick stocks. BRK an investment company that focuses on capital acquisitions and strategic combinations. While BRK does also engage in some traditional investment activity, its a tiny portion of their revenues. Take a look at the their most recent 10-K and see how small Investment Gains are compared to their other income sources.

>>827192
>What is your investment advice after a invariable crash?
Same as before and during. Buy and hold. Duh.

Stop being such a moron.

>> No.827269

>>827103
Except most retail investor orders never get to market and are crossed internally.

>> No.827277

>>827269
Depends what you mean by "market." But no, most retail orders don't get filled internally because if they did the brokerages wouldn't get paid for the order flow.

>> No.827281

>>827277
They get paid for outgoing order flow i.e. the orders they can't cross internally.

>> No.827302

>>827281
I'm not saying that internalization doesn't happen, but your assumption that all trades are subject to internal execution if possible is simply false. Best execution rules would prevent this, among other things.

But we're really in the weeds here.

>> No.827341

>>827189
>Also Warren Buffet and many others who read intelligent investor make bank off picking stocks.

This is not true, but so what if it was? Warren Buffet is amongst the most connected people in the world of finance. If he is buying or selling it's because he knows something that the market still doesn't know.

>> No.827342
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827342

>>827080
>>827103
These anons know what's up

>> No.827360

>>827302
In any case, we can probably agree on the fact that the exclamations that HFTs front-run retail purchases is misleading fear-mongering on several levels.

>> No.827367
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827367

Im doing ok, would be doing a lot better if the market hasn't been sucking recently. Know nothing investor here, just bought stocks because I like the companies.

>> No.827391

>>827158

As early as possible. Just start very small and increase your injections as you earn more money.

Waiting to create emergency funds, bigger salaries and money "might" need is too long and not necessary.

You make 5000 a month, take 500 and put it into an index fund every month simple. Do everything else with the remaining 4500

>> No.827456

>>827214
I misread your reply that's why I hid the reply. Couldn't delete it, yeah I agree. I thought you were initially advocating active funds. My bad

>> No.827523

>>827367
>aapl

>> No.827527

>>825037
>you should pick better luck
Fixed
Or just buy Bitcoin.

>> No.827534

>>827103
Thats why Bitcoin is the future. No more middle men once decentralized trading is everywhere.
Inb4 clueless grandpas in denial coping.

>> No.827539

>>827036

Thanks for the tips! I don't know why more people don't just sell higher than they buy.

>> No.827564

>>827534
Idk man. Regardless of the currency, you need two things to trade efficiently: (1) an active market, and (2) a fraud-free environment. Cryptocurrency can't create markets, and its riddled with fraud issues.

>Also, Bitcoin won't be the one. The first one is never the one.

>> No.827586

>>827564
>implying Bitcoin is the first one
>implying the current system is fraud-free
>from 0 to 4 billion in 6 years and it hasn't even begun
You are overall clueless. BTC is the TCP/IP of money. Not the first protocol, but the one that was good enough and caught on.

https://www.youtube.com/watch?v=_0mykANOMGQ

>> No.827879
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827879

even after the shitstorm from yesterday I made out pretty well. AAPL will bounce back, they bomb and skyrocket like clockwork it's the most annoying thing I have ever had in my life.

MSFT will release Win10 and the world will forget Nokia shit on their quarter

>> No.827946
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827946

>>827879
Fucking AAPL has been a consistent earner for me for years now, never giving it up

What I did lose a shitload of money on was fucking UPOT because I listened to some fucking idiot website saying that it was going to make some money right before Colorado legalized

Colorado and Washington legalized and fucking UPOT is still losing fucking money fucking rage

>> No.827954

Well I'm up 0,03% since mid-May.

I think that's fine considering Grexit, and me living in the Eurozone.

>> No.827960

>2015
>Thinking you can out compete and get better returns than quantitative investing by popular mutual funds.

>> No.827980

>>827946
investing in business run by potheads. Genius.

>> No.827984

>>827960
you can just one way is ETFs and derivatives. The studies you're quoting conveniently dismiss highly leveraged assets, and only target 50/50 shots in the dark equity picking. Of all asset classes those with the most leverage have the most returns. period.

>> No.827988

>>827980
to be fair it was supposed to explode when they legalized

How was I supposed to know that a business run by dirty hippies was not going to make mon-

oh

>> No.827996

>>827214
>Warren Buffett doesn't pick stocks. BRK an investment company that focuses on capital acquisitions and strategic combinations.

You acquire a public company by buying literally all of its shares, you fucking retard.

>> No.828130

>>827367
Lol garbage investor

>> No.828353

>>827996
>buying literally all of its shares
And you do that so that you can control its board of directors, select management, enter into mutually beneficial cross-company agreements, direct the strategic vision of the business, and pull the income stream into your parent company.

NONE of which bears any relation to stock picking, you fucking retard.