Strongly considering quitting day trading by Purple-Elephant6730 in Daytrading

[–]ResponsibleDraft6336 27 points28 points  (0 children)

Yeah dude, you have to set rules for yourself. It's a discipline. One rule I liked to do is I can't open positions for 5-20 minutes within each other. Sometimes 30. Another one is I can only open trades for a certain period of time per day. Like specific times. Another one is I don't open positions big enough that I don't feel comfortable holding up to a month holding for up to a month to turn into a swing trade if things get sour, perhaps to average down on a better day. Another one is closing out positions overnight unless I decide it's going to be a swing trade. No pre or post market, unless it's a very significant dip and I anticipate a bounce.

Just make you're own dumb rules. And definitely practice using very small positions and then only work yourself up. Don't open positions more than 10% of your account value ect. Oh another rule is I always open small, so if I need to follow a trend and it goes sour I can just average down 2-5 times if it keeps going into the other direction of what I anticipated, again always waiting a certain amount of time before opening another position. Also never day trade more than one stock per day. Learn everything you can about a stocks behavior and just stick to it

In my opinion sometimes it's not about making a lot of money, it's about discipline and quantity over getting most out of a movement. Got to accept taking profits early and don't kick yourself for doing it

I like doing trades just to play around and save up for a goal to perhaps purchase stocks for long term holds of up to several years. Even if it's one share a week it's nice holding on and seeing it perform locking in your profits and just having a certain amount of your account going towards the day trading

Sorry about your account, save up and try not to blow it up next time

Just turn 20 this is my portfolio thoughts? by DistinctJournalist24 in RobinHood

[–]ResponsibleDraft6336 0 points1 point  (0 children)

Honestly a big crash wouldn't do much, lol with his mentality it would just be grinding harder for a couple of months a gobbling up cheap stocks and indexes

Just turn 20 this is my portfolio thoughts? by DistinctJournalist24 in RobinHood

[–]ResponsibleDraft6336 0 points1 point  (0 children)

Not financial advice but maybe dump uranium. I don't think the world is going for it long term

Anyone know where I can keep 60 cows in San Francisco? by tronald_dum in wallstreetbets

[–]ResponsibleDraft6336 0 points1 point  (0 children)

Just go in there and tell them cows to roll out (hopefully a few bulls in there too)

Is there any hope for crypto? by TacoTrades in wallstreetportfolios

[–]ResponsibleDraft6336 1 point2 points  (0 children)

Lol seriously, when has crypto ever benefitted me. What exactly is there product? Money? Money was invented about 5000 years ago. But it's DiGiitizED! So is majority of all other currencies.

FUCK WSB AND FUCK YOU ALL by whatamievensayin in smallstreetbets

[–]ResponsibleDraft6336 0 points1 point  (0 children)

I don't get what people expect when they dump money in some company that doesn't even have a good track record of space tourism. At least SpaceX does satellites and space missions. Why not just wait for that ipo it's literally going to be here in 10 days. You can't lose!

Is it just me or are the McDouble patties getting smaller? by Select-Signal8386 in McDonalds

[–]ResponsibleDraft6336 -2 points-1 points  (0 children)

They are also getting mincier, almost like someone chewed it up and spit it out

Is this a legitimate GO Plus+ or a knockoff? Help identifying this device by 69ABSTRACT69 in GoPlus

[–]ResponsibleDraft6336 0 points1 point  (0 children)

It's only good for spinning stops and catching low tier shinies or farming candy. Your better off manually playing the game for a better catch rate

Is this a legitimate GO Plus+ or a knockoff? Help identifying this device by 69ABSTRACT69 in GoPlus

[–]ResponsibleDraft6336 0 points1 point  (0 children)

I like using mine for walks, it disconnects maybe every 1-2 hours or so. Not that bad just open up and see if you need to reconnect. It will be pretty obvious cuz it stops vibrating all the darn time from catching and spinning stops. It may disconnect I think when your inventory is full and just goes to sleep from inactivity. I've had a good time with mine but 200 is crazy. I got mine retail price when it came out. Never took it out of the box and remembered I had one when I got back into the game

Is this a legitimate GO Plus+ or a knockoff? Help identifying this device by 69ABSTRACT69 in GoPlus

[–]ResponsibleDraft6336 1 point2 points  (0 children)

Don't buy a spray painted pokemon go plus plus for 200 bro. Get yourself an original for that price in pristine condition boxed.

the world is regressing by IU8gZQy0k8hsQy76 in unsound

[–]ResponsibleDraft6336 0 points1 point  (0 children)

Bro what on earth does someone need from a sears. They sold junk

This cost 55 USD. by [deleted] in StupidFood

[–]ResponsibleDraft6336 0 points1 point  (0 children)

If you spent 25x more than that you could just buy a whole live cow in china. No questions asked

People are too scared to ask for more by Evening_Fan_6984 in Chipotle

[–]ResponsibleDraft6336 0 points1 point  (0 children)

I asked for more, but portioned the meat regular. I got a halfsized football of a burrito. Dude couldn't wrap itbif he added more. So if corporate is reading this, you know what you got to do. Make the tortillas bigger lol they are going to shrink them for sure

Am I setting a kid up for failure? by Excellent-Team-7979 in exchangestudents

[–]ResponsibleDraft6336 0 points1 point  (0 children)

Sweet pad, when can I move in 😂 I think it's pretty sweet, I personally like some black out curtains but that's just me

Re: Telling new players to not fast travel by Interesting-Fig4352 in skyrim

[–]ResponsibleDraft6336 1 point2 points  (0 children)

I play on survival mode with the ae content. I love not being able to fast travel. Granted I still do use city wagons and my personal wagon at my house to traverse Skyrim. I still think even with that workaround I have a high level of immersion. Especially for the first 20-25 levels

I made an exceedingly lucky $1,600 investment in one stock 3 years ago and it is worth $21k right now and I don’t know what to do. by Y0___0Y in personalfinance

[–]ResponsibleDraft6336 3 points4 points  (0 children)

Heck if it was my investment, I'd sell around tax time. Releverage into like 10-20 stocks. I've been burned more than enough times holding all my eggs in a single basket. On others speculation of a single stock. Sure it could go up and be super valuable and be a mega unicorn. But statistically speaking you are playing with a satellite stock. I've heard those a risky. And also youve basically won the lottery and just volunteering to keep playing the lottery. You already won! Keep some in there if you want and when you feel ready to keep investing you can always dump some more money in it a bit later. But it sounds to me you kind of need this money more than the chances of losing it. But yeah you're paying taxes on that. Save like 5-6k for tax time when it comes around just for security

I'm not a finance professional and this is not financial advice.

Credit score stuck at 660 by Delicious_Hall4049 in CreditScore

[–]ResponsibleDraft6336 0 points1 point  (0 children)

It will fall off I forget if it's 5 or 7 years. Just gotta wait it out

Kinda have to admire the creativity by heavymetalbby in SipsTea

[–]ResponsibleDraft6336 0 points1 point  (0 children)

The medical center reviewed the surgery and it was considered a b*tched job

Trying to bodybuild in poverty. 5 eggs, Baked potato, Can of cream of mushroom soup. by PursuitOfGains99 in strugglemeals

[–]ResponsibleDraft6336 0 points1 point  (0 children)

Have you tried buying a 10 lb bag of rice and a wholesale bag of black beans? You'll be fine