I think I was too late! I bought at 6.780, and it's been ste...
$Second Sight Medical Products Inc(EYES.US$
I think I was too late! I bought at 6.780, and it's been steady dropping 😩.
I'm really really new at this, and have been losing so far. anybody got any tips for a rookie?
I think I was too late! I bought at 6.780, and it's been steady dropping 😩.
I'm really really new at this, and have been losing so far. anybody got any tips for a rookie?
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预测未来 : Don't have fun and go to work
FelonTraderSoWhat : lesson one, don't chase stocks that are running up. let it go. there will always be more to come in due time. actually tho, lesson one is don't invest money you're not willing to lose, but you get the point. investopedia is a great source to learn everything stocks
getyourmoney : do not buy unless its at or below the support line and sell if you make 7% no more than 20% on a good day and you will slowly build your money as you learn how market works.
DollarsmakeSense : Have specific percentage points on when you sale a stock for profit or loss. Same could apply on when to buy in also. Never chase a hot stock that has already gained over a certain percentage. Whatever your comfort level is. Don't trade during pre or post market, unless you know what price point your wanting to buy in on. Never trade at opening bell or within the first 10+ minutes after the markets open. It seems fairly regularly the price drops a bit between the pre market and going into regular market hours. Funny business happens during post and pre markets, or so it seems to me and how the prices differ. Do your research and due diligence on which positions you decide to trade and stick with them until you've lost too much for your taste. My most common mistake was buying stock and selling it if it didn't perform within the first few days sometimes hours and most usually for a loss. Only to see those stocks explode the next week for huge gains. FOMO is real and it is a tempting temptrous, buy don't let her influence your trading. There will always be another trade for you to profit from.
DollarsmakeSense : On the other side of things. If you're holding on to a stock that's been going down, and you're wondering if you should sale or looking for it to make a reversal. You can watch it and wait till it starts turning back towards and gaining today's the high again. You'll notice when it's losses start slowing down, and turning back to green. And if you miss it by a day or two where It's staying flat or making small losses don't sweat it. Just hold cause it'll go back up. Keep a price or a percentage in mind as your risk factor of how much you're comfortable losing. If you feel good about sitting on a 20% loss than sell of it falls more than 20%, or 10%, or 5%, or whatever you feel good about. I don't like holding stock that's not making money, cause there's always another trade. Some people like to hold and not take a loss on their investment. Just gotta find your comfort level.
DollarsmakeSense : Also, be aware of premarket cause those prices can be deceiving for sure. One good rule to stick to is never trade during PM or AH. A lot of shady dealings and big moves happen then. A lot of day traders won't even trade during the first 15-30 minutes from opening bell. Just to let all the premarket movements settle, and to get a feeling for what the stocks gonna do during the day. I've learned that the hard way many times, and still do from time to time. Unless there's tons of volume happening with a lot of price action, as opposed to just big jumps in the price without the price wars you usually see happening with bust outs with tons of volume. That's usually a fairly safe sign there's a lot of people trading that stock. Instead of just market makers and institutional traders conducting their funny business.
Ticker3000 : Not mine, but these are gold
Marty Mincer : PLTR
Your welcome
論資本遊戲 : DUDwwwading, still need more vision, knowledge and experience for a bigger picture, you added even more to my understandings ,thank you .
Elvis : my tip to you is to buy low and sell high. when you see a stock going up never get in wait for a pull back .
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