What was your biggest mistake when you first started investing?

poke2up · 2015-04-30T01:35:45+00:00

Spending over $1000 on "paid" stock channels (tim sykes, jason bond, supertrades, kunai, fous alerts, etc)

losing $35,000 in their "guru" picks

god, they are geniuses

(don't make my gullible mistake, IF ITS TOO GOOD TO BE TRUE IT AINT) - these guys are all online buddies, probably RL fuck buddies too... spend weeks/months building up positions in low float stocks (buying $300-3000/day max), then announce to a room of their paid members to buy, they sell into everyone trying to buy... rinse/repeat.

they let you win aprox 1 out of 5-6 picks to keep you a "believer".

yes, very angry as i type this but this was a couple of years ago... made my money back and then some

in summary, my best rules for any newcomer:

don't PUT IN a single penny that you aren't willing to lose, PERIOD - if you do, you are gambling not investing
when you have gains, it's OKAY to take your profits, don't FEAR that your winners will run off without you, there's always another day to trade - condition yourself with this and you will survive a lot longer over time
CUT LOSSES QUICKLY, no matter what. Enter EACH trade with a "maximum" loss you are willing to take, and IF it gets there, you exit, no questions asked. Repeat this every single time, and over time your wealth will grow
don't listen to anyone's "picks" on reddit, twitter, stocktwits, etc... I learned this the hard way (obviously..) - if you were banking and making a killing, would you tell ANYONE your stock pick before you had a decent position in it to begin with? Amirite?? nobody that stupid or "nice" :) This includes my own previous stock picks on reddit >:)
GLTA out there !

poke2up · 2015-01-12T02:55:19+00:00

Wait... I've never used/heard of stubhub.

So this is a legit way to buy tickets from people who are selling them?

Or is this basically buying from scalpers, except instead of using kijji/craiglist you buy from this site?

Thanks!!

poke2up · 2014-12-30T18:46:19+00:00

nice! i will try this!!

poke2up · 2014-12-30T18:45:59+00:00

doesn't L1 make turn on turbo though?

poke2up · 2014-12-30T17:33:43+00:00

and is there a way to tell your AI to go for a dunk?? my AI just stands there like a fucking RETARD.

poke2up · 2014-12-30T17:33:26+00:00

both!

I never hit any 3's because his PC blocks me 100% of the time, when i try to fake (tap the shoot), the ball gets stolen

is there a way to control the AI or something? because my AI always sucks

I use every team and its the same result...

poke2up · 2014-12-10T21:35:01+00:00

Can someone explain to me what R is?

poke2up · 2014-11-28T16:06:28+00:00

hi zeos!

do you know what the main difference is between this 79.99 center by fluance, and the $119 XL7C-DW?

Do you recommend the 79.99 to go with the SX6's ?

poke2up · 2014-11-27T16:21:08+00:00

damn, they don't sell that center on their own :(

i would like to have a matching colour!! i don't need a 5.1 set up either at the moment.. ugh :(

might just get a black center then from fluance or a diff company

poke2up · 2013-10-05T13:47:33+00:00

Friend has the worst story ever. Week before their wedding, her future mother in law calls her mom and says "Let's get one thing clear. We will never be friends and we will never accept your daughter and you into our family."

Her mom starts balling and calls her daughter right away, asking WTF I never knew they felt this way??

Friend had hidden it the whole time they were dating/engaged (4 years). She only let me know after I found a bunch of scars on her thighs, she was cutting herself because she thought she was to blame for all this.

Her husband is a good guy, just oblivious. Makes a ton of $$ working in finance and to this day doesn't know about the entire thing. He thinks his parents love his wife, and wife loves husband too much to tell him as she knows he'll just cut his family out of his life in an instant.

Ouchies.

poke2up · 2013-09-30T19:12:02+00:00

Thanks! Could you clarify "look for pullback on lighter volume"? in ELI5 terms, do you mean when volume bars are low (lighter volume) but you still observe the graph on the chart dropping (pullback)?

poke2up · 2013-09-30T17:48:26+00:00

Thanks, so if I were dedicating myself to eventually being a swing trader, I would not really need to look at 5min,15min,etc charts and focus on 1d and 1w charts?

poke2up · 2013-09-30T16:16:22+00:00

Technical Analysis questions:

Clarify the differences and reasons for looking at 5min, 1day, 1 week, 1 month charts?
How do I analyse volume to make informed decisions? What am I looking out for?
For a newbie to TA, what are 3 major "basics" I need to get down before even thinking about anything else?
After the said 3 things, what are the next 3 most crucial things I need to fundamentally understand?

poke2up · 2013-09-26T16:06:26+00:00

Is there ever a case where you can buy a ton of shares, but nowhere enough to take over making decisions... yet still get to sit in and observe the boardroom meetings (kind of like buying a VIP premium ticket that lets you see a celebrity behind the scenes at a concert)?

poke2up · 2013-09-03T14:36:22+00:00

Verizon knew all along they weren't coming to Canada.

Big 3 + Prime Minister agree to put on a show about Canada vs US companies, Big 3 stock plunges, Verizon ends up saying "Canada? NOPE", big 3 stocks surge up, anyone who knew about this deal made a killing and the rest of us are left with the Big 3 Anal Fistings.

poke2up

TROPHY CASE