Anyone good at stock trading?
- Thread starter Yahya
- Start date
I made $600 last week, I got really interested because my Spotify shuffle played “one trading book per day” podcast.
It’s actually a perfect time to invest because most stocks have bottomed out and they will bounce back next year with interest rates being lowering (business will take out cheaper loans which makes them look profitable). My strategy is every morning find the most volatile stock, find the standard divination, buy at the negative and sell at the positive. I stay away from financial companies or medical, I focus on companies with real assets.
What do you use to trade?
use this site as well, it aggregates all financial news (real time) so you know what to buy and sell.
finviz.com
Stock Market News & Blogs
Stock screener for investors and traders, financial visualizations.
finviz.com
right now, fidelity. i'm only focusing on stocks, i want to see if i can develop code that will do it for me, based on logic i gain.
Where do you live? You can open a tax free savings account in Canada. Most banks such as TD offer it. On my account the first 50 trades of the year are free. I don’t recommend day trading since stocks are hard to predict.
Short term trading volatile stocks is the way to make some money. There’s a company called Tucows in Canada and in the US. Shares fluctuate by a few dollars every day so it’s a good place to start. This is in Canada though.
If you want longer term investments, invest in renewable energy and lithium companies. In Canada, consider lithium americas corp, snowy lake resources and others.
Short term trading volatile stocks is the way to make some money. There’s a company called Tucows in Canada and in the US. Shares fluctuate by a few dollars every day so it’s a good place to start. This is in Canada though.
If you want longer term investments, invest in renewable energy and lithium companies. In Canada, consider lithium americas corp, snowy lake resources and others.
i bought 100 shares of livent at $14 a few weeks ago, i think they mine lithium. its been my winner since i started. they are about merge with a new company and become a new company, i dont know what that means?
tbh, the real reason i started looking into stocks is because of jobs posted on linkedin for quantitive analysts, they pay $200k+. my understanding is that if a company pays that well, the return the employee is providing must be 4-5X that.
Possibly. I use short term trading as a savings account.
