Does anyone make daily stock trades

[jjgold]

Been brutal trying to guess the direction

 

[drunkenhorseplayer]

Don't get ideas jj, it won't end well.

 

[samsncharge99]

too slow pace

 

[Tanko]

Kind of volatile lately JJ. Tough to invest with it up and down with every tweet from Elon and Trump.

Now, if I knew what they were going to tweet in advance (like many in the WH do), I'd be a billionaire just in the 8 weeks Trump's been in office. Many people are getting rich by having this insider information. I guarantee it.

 

[jjgold]

Tanker trying these crack cocaine trades now on Webull

Hourlies SP and Nasadq up or down

 

[Tanko]

Tanker trying these crack cocaine trades now on Webull

Hourlies SP and Nasadq up or down

Make bank JJ.

 

[djefferis]

Nope - long term you will lose.

Also not generally a “buy and hold forever” type either - I know going in an entry/exit points I’m comfortable with. If it goes below my point - I review and decide if a re adjustment is needed, same if it exceeds my exit points.

Today for example - it’s a mass sell off. Nothing specific to any sector. I’ll probably dump some of my tobacco names as they just shot up and short term they will likely correct a bit - I’ll buy back then.

My energy names I’ll hold - sucks seeing XLE drop from 93 to 88 - but even as a recent entry I’m dollar cost averaged down to 86 - and received a dividend and a little options premium too in that time. At 85 - I’d probably exit half my position as it’s just a sign that the market is in freefall - at 95 I’d sell unless something significant is moving the oil market.

Today I bought Sbux and CMG at roughly 89 and 50 respectively. Smaller positions - but I like the names and think they will do ok - in the mean time sell options/collect a premium and wait for other buying opportunities with my free cash.

Still like names like FMC and PII today too -FMC off 8% - farmers are going to benefit from the tariffs long term - so anything in the space should be looked at. PII is a consumer play - and despite rumors of their demise - US consumers are doing ok. 38 bucks - down 13% to a 52 week low and 7% dividend - it’s a value bargain.

 

[str]

Kind of volatile lately JJ. Tough to invest with it up and down with every tweet from Elon and Trump.

Now, if I knew what they were going to tweet in advance (like many in the WH do), I'd be a billionaire just in the 8 weeks Trump's been in office. Many people are getting rich by having this insider information. I guarantee it.

Umm....THIS !

 

[jjgold]

You’ll never ever predict short term financial markets it’s virtually impossible long-term is where all the millionaires were made

 

[str]

You’ll never ever predict short term financial markets it’s virtually impossible long-term is where all the millionaires were made

Imagine knowing information that will directly affect stock prices , bitcoin prices etc. weeks in advance.
Thank goodness people that have this information do not abuse it.

 

[jjgold]

There has been numerous studies. It’s a 99% loss rate people that frequently trade markets

Of course, all the scammers win that sell products on social media that claim their millionaires

 

[BobbyFK]

I never got into day trading. All my stocks are long-term

 

[flyingillini]

I never got into day trading. All my stocks are long-term

Post your holdings SBFK!

 

[flyingillini]

JJ, do you consider Martin Luther King Jr and Jesse Jackson heroes ?

 

[BobbyFK]

Post your holdings SBFK!

Pepsi
Duke Energy
Johnson and Johnson
Phillip Morris
Enbridge

That's just a small sample

 

[jjgold]

JJ, do you consider Martin Luther King Jr and Jesse Jackson heroes ?

Yes