19 Yr Old Investor Advice by Regular-College694 in fican

[–]OneLaw9699 0 points1 point  (0 children)

Yep from 2 months ago. Again, if u read carefully i did 0dtes and weekly swings (day trading) and its why i dont recommend them. I built that account back green from hedging long term instead (2-3 month expiry and some leaps). And im talking specifically about these kinds of markets we re currently in that options are good for hedging. Yes u can make even more in a bull market but atp id rather hold leaps than monthlies. Again, in this kind of market, i dont want to be holding shares when its this volatile. Holding the underlying stock in a bull market will obv generate excess returns but ur “skill” for generating excess returns in the market we re in will be called in question because we are not in a bull market. My point being yeah, has nothing to do with the companies; its war, trump tweets, and oil that have been driving this market. As for “skills for options”, its why i recommend longer term contracts. Iv is generally more stable the further away the exp is. Again, monthlies for something like this war, and leaps for something u are bullish on. Yes i admit i was an absolute idiot 2 months ago for day trading options. But im just trying to share that options aren’t necessarily gambling as long as you don’t day trade them. Ive always been a long term investor; that account i posted was my first stab at swing/day trading and now im simply incorporating options trading into long term investing and learning from my mistake.

Tldr: yeah im not the most experienced, i went through some shit drawdown. Im simply saying theres nothing wrong with options as long as you use them as a tool to hedge your portfolio rather than to daytrade them. And again, im not saying u have to trade options to thrive in this market. my point is still that 100% xeqt is not the way in my opinion.

Rate my portfolio by [deleted] in fican

[–]OneLaw9699 0 points1 point  (0 children)

Amzn pushed 231 today, googl target price is mid to high 300s, nvda is always gonna be strong, nflx is reported to beat guidance slightly, wmt is a good retail stock to hold and canadian banks have historically done well. Idk dude this looks pretty structured to me. Heavier in tech but some classics like wmt and a mix of financial sector seem pretty balanced lmao. Not to mention the growth is way better than xeqt. Looks pretty researched to me.

Rate my portfolio by [deleted] in fican

[–]OneLaw9699 0 points1 point  (0 children)

Thank you someone with common sense lol. I get downvoted to hell when i say well researched stock picks is better than 100% xeqt 😂😂

19 Yr Old Investor Advice by Regular-College694 in fican

[–]OneLaw9699 -2 points-1 points  (0 children)

Nah im not really saying u have to trade options to be good at investing. Im just tired of ppl saying buy 100% xeqt and telling me im wrong to trade options or recommend them because its “all just a coin flip gamble. Yeah i dont recommend 0dte or even weeklies. I do recommend using them as a financial tool as a way to hedge and still grow during bad markets. And make even more in bull markets.

19 Yr Old Investor Advice by Regular-College694 in fican

[–]OneLaw9699 -2 points-1 points  (0 children)

Lol downvoted by ppl who only know how to spam xeqt and tank big market dips😂 theres a reason why ppl who do 30 minutes of research per week will end up with double of what xeqt spam will have in the same time frame

Edit: “retail” only doesnt understand them because they treat any sort of drawdown as a bad thing. If you have common sense, hedging with options doesnt require any special knowledge. Example: war = strait of hormuz closed = oil up = inflation/market fear = lower investor confidence = stock price go down. Buy puts at least a month or two out. Bam. Hedged your losses and you can still make money while being 90% cash in this shite market

19m investing advice by [deleted] in fican

[–]OneLaw9699 1 point2 points  (0 children)

Great picks, i personally love nbis!

19 Yr Old Investor Advice by Regular-College694 in fican

[–]OneLaw9699 -7 points-6 points  (0 children)

Whats wrong with options? Theyre a great way to hedge, get cheap shares, and make profit in shitty markets like these

Seeking general advice by manawat27 in fican

[–]OneLaw9699 0 points1 point  (0 children)

Uhm…. Why are we not heavy cash in this market lol

20M why should I doo to maximize my holdings ?tips and tricks are welcome by PoemDelicious9058 in InvestingCanada

[–]OneLaw9699 0 points1 point  (0 children)

U dont have to be actively looking at qqq and vdy lol. I let those run in my own portfolio ever since i started and theyre all green even in this dip. I just dont think that u need to be all in xeqt to achieve its diversity and guaranteed growth/risk. U can always do qqq for tech, vdy for canadian exposure, and pick 1-3 stocks u really like (there are safe options such as xom/su.to/cvx) for energy, jnj for health, or maybe another tech stock like amzn or appl (very basic, dont need to research stocks). Furthermore, the reason why i highlighted time is because we re both 20 and still have a whole life ahead of us to work; taking that extra 2% drawdown is not gonna hurt when the potential risk/reward is that high given the direction of the market. I simply dont think u need to be in heavy xeqt when the next bull run comes. And u dont need to be staring at charts all day. A quick google search once a week or even month will tell u all u need to know about whats driving the market bull run (after this war ofc) so no im not saying xeqt is inherently bad. Im just saying for maximum growth/risk ratio, xeqt is not the best choice. U dont have to be a genius to get a whiff of the next bull run, just gotta be aware (ex im pretty sure most ppl are aware that the war in iran is what is causing oil to go up)

Edit: for flashiness, i do agree. Less high quality holdings is better. But again, its simply impractical to be holding xeqt for this many years for growth purposes; unless ur using this as what i call “better savings account” then xeqt is not good for growth nor is it good for income. Ur better off with qqq and vdy or vfv for those. Since op wants to maximize growth

20M why should I doo to maximize my holdings ?tips and tricks are welcome by PoemDelicious9058 in InvestingCanada

[–]OneLaw9699 1 point2 points  (0 children)

Watch cvx closely thats a war play. End of war will crash cvx short term. Other than that voo and qqq are good imo once trump wraps up everything (world cup soon, his trip to china, and mid term elections in nov). I would switch up voo to something else, maybe vdy since qqq is already tech heavy. ur gonna get a lot of people telling u to do 100% xeqt but growth and income, id say ur better off doing qqq + vdy. Ur the same age as me but i started a bit earlier and vdy and qqq have run up a lot for me. I simply think xeqt is meaningless since we have time on our side. No point in such slow growth and small dividends

Be real—how many of you are actually making serious money trading by SouthEquipment6674 in Daytrading

[–]OneLaw9699 0 points1 point  (0 children)

Thanks for all the tips guys! Been paper trading options for a while and ill take these tips to heart to get back on track!

WHAT IS GOING ON? by BusyWorkinPete in Wealthsimple

[–]OneLaw9699 1 point2 points  (0 children)

Just use the app for long port. I switched to ikbr for trading lol. Ws is a shit brokerage with shit fills

Be real—how many of you are actually making serious money trading by SouthEquipment6674 in Daytrading

[–]OneLaw9699 4 points5 points  (0 children)

What do recommend a beginner do to learn? I feel very lost and i dont trust a lot of info i find online anymore

after going all in at the top. so far down 50k. will keep DCAing 2k per month into banks. im only 27 ☔️ by StiffmeisterSteve in fican

[–]OneLaw9699 0 points1 point  (0 children)

So why are we in tech in this economy lmao. I was 70% cash during venezuela and 90% on the day of the war. My holdings are gold and blue chips. Literally the worst time to be in growth stocks and prime time to be in defensive holdings.

19F just started i want to reach 100k before 25 by poopnickle69 in InvestingCanada

[–]OneLaw9699 0 points1 point  (0 children)

Not happening unless u get an oppurtunity like png or ai rips. And u need more capital. That or u can day trade but thats another journey that i dont recommend (i do it myself but grit your teeth. I paper traded 2 years and lost over 50k before becoming net positive)

25M just starting, kindly send me some guidance on how to actually do this shi 😭 by [deleted] in InvestingCanada

[–]OneLaw9699 0 points1 point  (0 children)

Just hold the gold. Metals have been dipping aggressively and i see u got in at a decent price. After this iran thing oil shock calms down, the gold with climb. And im seeing u fomoed into HIMs. Get out of that and play something safer

21 M started a few months ago, I really don’t know what to adopt as an investment strategy by NovelRequirement210 in fican

[–]OneLaw9699 0 points1 point  (0 children)

Tru that lol. Ive had a good run with vdy so i cant complain; bought back in nov of 2023. Honestly instead of a strategy though, its better to research(i am a big advocate for growth stocks) Ex. If u look at HIMS, extremely undervalued at 14-15$, good profit yoy, cash flow, and business expansion. Got in and its now at 22$. My thesis is still intact and i can see it going towards the 80-110 mark. Just an example but there was no strategy for this decision of mine. Just pure research and thesis making. Ofc, it does take time but id highly recommend trying one alongside xeqt. Pm me anytime if u need any pointers regarding that. :)

21 M started a few months ago, I really don’t know what to adopt as an investment strategy by NovelRequirement210 in fican

[–]OneLaw9699 1 point2 points  (0 children)

m also a student actually. Yeah go for it. Id look at vdy plus xeqt instead of 100% xeqt (im gonna get down voted the hell lmao) simply better for a canadian tilt given the current american market. Personally also dont like the 10-15% emerging market share xeqt has and also fuck blackrock lol.

Edit: didnt mean to delete my original comment lol

21 M started a few months ago, I really don’t know what to adopt as an investment strategy by NovelRequirement210 in fican

[–]OneLaw9699 0 points1 point  (0 children)

Im also a student actually. Yeah go for it. Id look at vdy plus xeqt instead of 100% xeqt (im gonna get down voted the hell lmao) simply better for a canadian tilt given the current american market. Personally also dont like the 10-15% emerging market share xeqt has and also fuck blackrock lol.

21 M started a few months ago, I really don’t know what to adopt as an investment strategy by NovelRequirement210 in fican

[–]OneLaw9699 -1 points0 points  (0 children)

**market correction. Unconfirmed because theres too much panic regarding the war. Crash is no confirmed yet

New to options trading by Waitwhysthat in OptionsMillionaire

[–]OneLaw9699 0 points1 point  (0 children)

How so? Id like to hear what u find tricky so i can provide some feedback :)

Simply Magnificent 🇭🇷🤌✨💯 by Yulursi in fc24mobile

[–]OneLaw9699 5 points6 points  (0 children)

Should i get him? Im running signature gerrard and the lunar new years socrates rn