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? Stock Market Trading - Best way to have success in one year?

tennis4789 890 383 June 8, 2016 at 09:35 AM
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Last Edited by tennis4789 June 8, 2016 at 09:39 AM
I have traded some and read some books.

I don't know anyone that does really well consistently over a one year period. I know people that have successfully invested over longer like 20 years (just spend less and save more to invest some in stock market) So I don't have anyone I personally know to get advice from on 1 year horizon.

I'm not sure where to start. Or, if short term like year horizon is more similar to gambling hoping to get lucky. And maybe forget about short term and move on to other ways to make money??

So if I have 5 hours to spend getting started studying/doing something, where would I start??? Maybe work hard studying 5 stocks and get really good at trading them?

I have little bit of capital and accounts at Robinhood Options house and few others.

TIA

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#2
Go long on oil, call it a day.

I hope you are trolling because this literally the worst post I've ever read.
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#3
Quote from bta15 View Post :
Go long on oil, call it a day.

I hope you are trolling because this literally the worst post I've ever read.

nope not trolling. Not sure why you think this is worst post?

I am no longer able to MS anymore. I do do occasional bank bonus. And now I'm trying to replace MS money more in shorter time frame.

How would you go long on oil?
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#4
oil - short oil
ooooooooooooooooooooooooooooooooooooiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiilllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll - long oil
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#5
buy low and sell high...then spark up a j and get high
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#6
Quote from FHRITP View Post :
buy low and sell high...then spark up a j and get high
What I'm hearing is straddle oil but make sure it hasn't been refined into gas before lighting up a joint. Sounds like good way to get burnt.

Very helpful. (sarcasm)

Might be more productive to go back to Front Page deals and get free Red Box movie. Although I'm pretty sure there are some pretty successful shorter term investors on SD whether they are willing to drop a crumb or not is another question.
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Last edited by tennis4789 June 8, 2016 at 11:24 AM
#7
If I knew the answer I would be doing it, however there is no guarantee way to do so. At the end most of us are all guessing. You may here things from people here and there, but IMO it's just selective/confirmation bias or plain ol luck. It also really depends on how you define success. I know some that have done pretty good with P2P lending, getting lucky with timing on certain stocks, mutual/index funds, etc. I've had some success with timing, but in all honestly it's just good guess. At then end my investment is in it for the long haul. Most people lose with short term trading and time spent can be used elsewhere.

I think what can sometimes help more is reevaluating your money management, time management and health. Then being able to pick up a skill/service you can provide on top of the business skills to generate more income.
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#8
what kind of returns are you looking to get? Defining what you are trying to do would be helpful in determining a strategy.
Instead of picking 5 companies pick a sector or two and learn everything there is know about those sectors.
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#9
Quote from boingyman View Post :
If I knew the answer I would be doing it, however there is no guarantee way to do so. At the end most of us are all guessing. You may here things from people here and there, but IMO it's just selective/confirmation bias or plain ol luck. It also really depends on how you define success. I know some that have done pretty good with P2P lending, getting lucky with timing on certain stocks, mutual/index funds, etc. I've had some success with timing, but in all honestly it's just good guess. At then end my investment is in it for the long haul. Most people lose with short term trading and time spent can be used elsewhere.

I think what can sometimes help more is reevaluating your money management, time management and health. Then being able to pick up a skill/service you can provide on top of the business skills to generate more income.
Thanks for good advice. Yeah MS was pretty much guaranteed. Stock market seems like pretty much a craps game over short term. Craps players are always willing to tell you about their wins and seem to forget their losses. Have been spending time looking for ways to make money that do not involve me being an employee. & do not involve me spending a total of 40 hours a week & have 5 weeks off per year to travel. (TUFF to find!)

Quote from Rob_799 View Post :
what kind of returns are you looking to get? Defining what you are trying to do would be helpful in determining a strategy.
Instead of picking 5 companies pick a sector or two and learn everything there is know about those sectors.
I have little more than $20,000 cash, which I worked very hard to save. Other money is in retirement accounts. Although MS is dead for most people including myself recently, I was using it to MS/bank bonuses netting about $500 per month (although did involve some time expenditure). Which is 30% pretty much guaranteed. I would like to continue to get the 30% and if I can scale it as I get more money.... Although losing 30% would suck.

I'd never much thought about sectors. Found this:http://money.usnews.com/money/blo...n-a-sector
From site above:
"choosing a sector is just as challenging as researching an individual stock"

Why do you think sector investing is better than individual stock?
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Last edited by tennis4789 June 9, 2016 at 02:51 AM
#10
My idea was to select 2-3 sectors to study and find stocks out of those sectors. Even if the sector or market is on a decline you might have a better chance of finding a winner because you are an expert on that sector.
If you had to select 5 stocks to study and trade how would you go about making the selection?
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#11
You're talking about actively trading a few stocks (as distinct from long-term buy-and-hold). In that case, just remember that the smartest computer engineers and mathematicians in the world are being employed by banks with unlimited money to outsmart people like you. Every trade you make has already been analyzed by a computer somewhere in a fraction of a millisecond. Studying for a few hours will never allow you to do what they do better.

Now, you absolutely can do well for yourself by investing in a broad diversified index fund, OR even by finding a few good individual companies that you trust for the long haul. But trying to day trade a few stocks manually is a far more difficult proposition. There is no *system* that anyone can recommend, because if there was, every computer in the world would already be running that system and taken all the profit out of it.
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#12
nice username.
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"This whole.. I have XX company so my pee pee is 2" longer talk is hilarious. Who cares what company is cheapest, best, etc. Pick the company and plan you want and keep it to yourself."
#13
One example of a successful guess I made revolved aroind the housing sector. Since I saw the trend of home prices rising without a clear indication of it stopping I invested in multiple home builders and home improvement store back in 2013. Ive made nice gains since and considering cashing out now.
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#14
Quote from tennis8363 View Post :
nice username.
You too.
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#15
Quote from boingyman View Post :
One example of a successful guess I made revolved aroind the housing sector. Since I saw the trend of home prices rising without a clear indication of it stopping I invested in multiple home builders and home improvement store back in 2013. Ive made nice gains since and considering cashing out now.
Nice. What kind of returns%?

Wonder if stock market seems to be picking up if brokerages like Ameritade might be area to investigate.

I'm going to start investigating stock screeners models more towards value /discounted stocks, but more with longer time frame. & maybe look to use my money in different way (not sure what)

Anyone have any good/bad experiences with screeners/models?
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