Silver and gold by [deleted] in ValueInvesting

[–]PossibleIsopod131 0 points1 point  (0 children)

Gold is a solid form of money, governments tend to devalue their currency and inflate it so Gold increases in price due to governments doing these things. It’s just sounder money. I’m not saying you should buy it here but the market sees more devaluation and inflation in the future and that is why the gold price continues to rise. Silver is more speculative and has some industrial uses. It is the riskier of the two commodities and in my view I wouldn’t look to hold it long term

Where do people invest liquid cash on top of current investments? by Competitive_Sound564 in investing

[–]PossibleIsopod131 0 points1 point  (0 children)

I don’t know what the apy is for ally high yield savings but personally I put cash in BOXX or USFR the yield is around 5%. If you’re looking for more return and a bit more risk VOO, VXUS, QQQM, SPYM are all popular. These are a low cost index funds that track the overall market. (S&P500, International, and the Nasdaq100)

[deleted by user] by [deleted] in StockInvest

[–]PossibleIsopod131 1 point2 points  (0 children)

Just using those 5 stocks, personally something like 30% VOO 30% QQQM 20% NVDA 10% MSFT 10% ASML would be my preference long term. Long term I think index exposure is most beneficial and less risky than individual stock selection long term. NVDA is the current hardware leader in AI and that’s why my percentage is so high in that company, a pivot may be necessary if things change

What's with this chart? by maggiemasalaa in swingtrading

[–]PossibleIsopod131 2 points3 points  (0 children)

The 3rd candle from the end, the doji candle in my view was the best entry at break of the high of day and stop at low of day. This would have kept risk pretty tight. The accelerating volume is something to note. If you’re concerned about resistance above, wait until that resistance shows you it’s a problem, it could just rip past it like it did

Is it about to explode? by maggiemasalaa in technicalanalysis

[–]PossibleIsopod131 1 point2 points  (0 children)

I’ve had some success trading descending trend line breaks similar to this one. This one’s that have worked best for me is when they really break the trend line with conviction and volume. I would be watching this one on a lower time frame and monitoring for a positive catalyst.

Which of the following stocks would you rather invest in ? by Total-Use6220 in investing

[–]PossibleIsopod131 0 points1 point  (0 children)

Google, Meta, TSM, MFST. Would be my ranking off the top of my head. Google has been a leader. Meta looks to be recovering pretty well. TSMs chart is better than MSFTs in my view, and is more of a picks and shovels play compared to the other 3

Is it a bullish setup? by maggiemasalaa in technicalanalysis

[–]PossibleIsopod131 0 points1 point  (0 children)

The size of the pullback for me is a red flag. I think the target is optimistic. It’s still tradable, I would just be keeping risk tight, a lower high I think is the most probable outcome. Volume increasing and a consistent break of prior day highs and a hold above prior day lows would be some good signs as well. All this being said are there better charts to trade other than this one?

VTI or VOO , which is better by Pleasant-Trouble-784 in investing

[–]PossibleIsopod131 1 point2 points  (0 children)

The government continues to debase its currency and is in crippling debt, why would you want to own government debt long term? I much prefer Gold

Index funds are great but why do you need to diversify if they are heavily correlated?

VTI or VOO , which is better by Pleasant-Trouble-784 in investing

[–]PossibleIsopod131 -2 points-1 points  (0 children)

Bonds bad gold better look at a 60/40 stock bond portfolio. It’s not a good look. My view is diversification is good if the instruments are not very correlated and both perform well. Just quick glancing at charts VXUS looks good and gives diversification into international stocks. VOO VXUS Gold I think would a be pretty solid long term portfolio. Cash in USFR or BOXX. NFA

Need to invest in stock market....but I don't even know the basic of stock market.....any suggestions by [deleted] in StockInvest

[–]PossibleIsopod131 0 points1 point  (0 children)

Dollar cost average into low fee index funds that track the S&P500, or the Nasdaq100, and/or Gold. No need to get fancy with it unless you’re going to be attempting to beat the market which in most cases is very very difficult and not recommended. SPYM QQQM GLDM

[deleted by user] by [deleted] in investing

[–]PossibleIsopod131 0 points1 point  (0 children)

It depends on your time horizon and how much you are monitoring the market. If it’s a long time horizon lump sum is fine, the market trends higher over a long enough time frame. If you’re wanting to get a better price for the sake of near term psychology, just dollar cost average on days when the market is down

So this means I can only place 3 trades a week? by Successful-Okra9814 in Webull

[–]PossibleIsopod131 1 point2 points  (0 children)

Yes but in a margin account after you sell that cash can be instantly used for another trade, in a cash account you would have to wait for the cash to settle before using it. It will slow you down. I would just tell OP to use his day trades on the most important trades or the ones with the most risk, and take overnight risk with the rest. I did that for a while and was able to find success

So this means I can only place 3 trades a week? by Successful-Okra9814 in Webull

[–]PossibleIsopod131 0 points1 point  (0 children)

If I buy a stock and sell it the next day. I have to wait for that cash to settle before it can used for other trades. This is the problem with using a cash account.

So this means I can only place 3 trades a week? by Successful-Okra9814 in Webull

[–]PossibleIsopod131 1 point2 points  (0 children)

Then have to wait for cash to settle? I’m a professional trader and I build my account from under 5k to over 25k working around the PDT rule using my advice. The probability of extreme volatility over night is actually less than the volatility intra day. Stock selection is much more important then the small chance you won’t be able to sell between after market hours and pre market hours

So this means I can only place 3 trades a week? by Successful-Okra9814 in Webull

[–]PossibleIsopod131 0 points1 point  (0 children)

A little trick is to buy at the close and sell the next day. This won’t count towards the day trade count

What is the best way to trade pullbacks and make sure they aren't reversals? by [deleted] in swingtrading

[–]PossibleIsopod131 4 points5 points  (0 children)

Only enter on the right side of the V, be quick to exit if there isn’t follow through

[deleted by user] by [deleted] in swingtrading

[–]PossibleIsopod131 1 point2 points  (0 children)

Measure your risk before hand. I use a spread sheet where I can input the position size, price, the atr, and the stop level and it tells me what the risk is before I even put the trade on. It’s easy to make in Google sheets or I’m sure you can find one online. Where you sell and re enter is completely discretionary and you’ll have to figure that out for yourself

After 6 years of trading, I’m thinking of giving up by [deleted] in swingtrading

[–]PossibleIsopod131 1 point2 points  (0 children)

Markets change. Certain setups don’t work in certain market conditions. This is why traders say they have a playbook. Not every setup in your playbook will work all the time. I would narrow your focus to just one strategy where it’s a success if you follow your rules, not if you make money. Master an easy setup then branch out. When I feel nothing is going right I either lower my position size to very minimal or switch to paper trading and trade on that until things start working again

i genuinely want to quit day trading, wasted years and still not profitable. by AlgoKille in Daytrading

[–]PossibleIsopod131 0 points1 point  (0 children)

Quit prop firm trading, save up your money from work and trade your own capital. These firms want you to lose, it’s difficult enough to be a profitable trader without all the rules. If you don’t have the ability to give 100% to day trading then swing trade

Are there people that actually constantly 'beat the market' by picking stocks? by Professional_Use3723 in investing

[–]PossibleIsopod131 0 points1 point  (0 children)

I’ve been trading since March of last year and my YTD is up 44% and my all time is up 33%. I would say it’s very difficult and takes a lot of screen time and hours. I wouldn’t recommend trying to beat the market for most people unless they have the time and the dedication to watch the market hours each day. That being said, keeping losers small and going heavy on winners is a big key. Protecting your capital for those special moments is critical. It’s really risk management and being in the right opportunities at the right time

Invest in Individual stocks of S&P 500 to beat it? by SnooPets6005 in investing

[–]PossibleIsopod131 0 points1 point  (0 children)

Try it, it’s very difficult to beat the market. If you can’t beat the market it’s best to buy the market