/diy/ - Do It Yourself

mostly luck*

If you don't know what you are doing don't waste your time or money. I work with my dad (he was head of a large investment bank in Korea but is a full time investor now) and even he doesn't have nfidence in the market right now.

A lot of people are predicting a crash, especially with Europe and America being so fragile.

Before you invest ask yourself these questions
>what is my advantage?
>where do I expect this stock to be in the next x monts?
>can I afford to lose all this money?
>when will I sell or at what price?

unfortunately it is very difficult to get ahead in the market now and for the last number of years.
also,
>you normally have to pay fees every time you make a trade
>you cant make trades with out a broker, because your not one, and that is another fee.
>some brokers will not even speak to you without 10,000 to start out with. but bigger companies will work with much less. you just need to look, they are out there

You actually may be better investing in an IRA, like a Roth IRA, especially if you can continue to put money into it.

But if you still want to do stocks, make SURE you do research on the company you buy stock in. they have to make annual reports to their share holders and the government by law. this info is available to the public.
PS, even though mcdonalds is a bag of fuck, they steadily generate growth in revenue, you may want to look into them.

Protip: Investing takes a fuckton of work. If you can't put in the effort to learn about it yourself, what makes you think you can make it in finance?

>Second Protip: It's always a great time to invest, you dipshit

im obviously putting in the work to learn it myself, i grew my initial capital 100% with no prior knowledge....?? lol.
i was just asking if anyone could add to what i already know. secondly, the market will not crash as it did a few years ago. it may continue to slightly decline but no crash.
im asking more along the lines of how to find fresh companies prior to them breaking out. i've done great with pennies but dont like the risk.

Invest: have a fair understanding of the nature of the companies you're buying shares of and have a reasonable expectation of return.

Speculate: buying shares for any other reason.

>>207203

The market crashes every 7-10 years. Has for centuries.

>im obviously putting in the work to learn it myself, i grew my initial capital 100% with no prior knowledge....?? lol.

My investments consistently return about 150% per year... ?? lol.

If you make 100% with stocks, yet are on here of all places asking for help, it looks to me like it was the result of pure chance.

>>207207
So is what happened in 2009 not considered a crash? legitimate question.
Well good for you and your constant 150% gain, that's what i'm hoping to get to hence why I am asking for help. Secondly it is not pure chance if it happens over an entire year, I can continue buying penny stocks, making large profits on some and gambling on others and making that solid 100% increase, however I am looking for ways to grow my % increase not maintain it. Stop trying to bring me down, if you dont have some positive bit of information you think I don't already know, that you feel I should. you are trolling fine sir and can die.

>>207172
>I'm a drug dealer and I need information on how to launder my ill-gotten gains
GTFO my /diy/, criminal scum.

>>207229
>wah wah i only make 100%/year
>not realizing that 100%/year is an unspeakably amazing RoI that beats almost every other investor in existance
>seems legit

>>207262
Also don't bitch. As I belittle you, I also bump your crappy thread so maybe someone else will help you out.

So you should just bend over and thank me for the privilege

>>207229

Apparently 100% annual ROI = chump change.

What the fuck kinds of advice are you looking for?

"You should shortsell this company called Enron, I hear they're going to do pretty shitty come first quarter."

why would anyone stock market? it's a waste of time when you can simply take your money to the casino and perform the gambling activity quickly

>>207236
>money laundering
That's not how it's done. On the contrary, OP will get problems as soon as someone at the IRS wonders where he got all the money to buy stocks.

OP is even doing the economy a favor by investing money in legal companies which will hopefully use it to create jobs (haha, oh man, my jokes are awesome).

I'm really thinking in becoming a day trader.
Anyone here already lives as a day trader?
Any tips or advices on how different it is of the typical investing and speculating strategies?

>>207172
>500

Wow, you're a big time investor now! Why don't you save up another 103$ and buy 1 share of Apple.

>>207534

seriously this, the fees and shit will cancel out any profits you make

>>207388

98% lose all their money. What makes you think you can be part of the 2%?

I blew my first 4 accounts completely before I began to achieve anything resembling consistency.

I only know a handful who make money consistently and they all trade in a completely different manner. I can honestly tell you that you are completely in your own.

My best advice is to open an OTC forex account for $500-1000 and try your damnedest not to lose it all. After you've lost it all, start learning why you keep losing. It is 99.9% mental. Only 0.1% technical.