Stock Market logoStock Market Station

All the stock market news, every minute updated!

20 June 2021
15:50 hour

Which Forex trading strategy is best for a small account of $1,000 or less?

Reddit Stock Market

17/05/2021 - 05:49

  submitted by   /u/mischelsuccess [link]   [comments]


READ THE FULL ARTICLE ON REDDIT STOCK MARKET

Related headlines:

  1. STOCK VS FOREX (26/04/2021 - Reddit Stock Market)
    The stock market’s not so bad but the financial market gets advanced and if you’re looking for a real way to get on the top with other financial market successful traders,FOREX is actually the trending way most traders don’t know about that higher a higher leverage Forex turns over more liquidity in one day than the stocks, and bitcoin, and as well the real estate investment....and a higher leveraege is also offered, meaning i can trade up to 86x your actual account size which can lead to highly lucrative profit opportunities whilst and this cant be done by all traders this only cost a professional trader to know about this... JOIN JT FOXX’s FREE TELEGRAM CHANNEL FOR FREE TRADING SIGNALS AND OTHER INTERESTING SERVICES COME JOIN THE MILLIONAIRE UNDERDOGS NOW EARN AND LEARN MORE THAN EXPECTED COME GROW YOUR NETWORK AND WORK YOUR WAY TO THE TOP IN THE FINANCIAL MARKET https://t.me/MFXTRADES   submitted by   /u/suckmy614 [link]   [comments]
    [visit article]
  2. margin interactive brokers question (03/06/2021 - Reddit Stocks)
    I have CAD in my account, I use about 3x leverage to daytrade for the past 3 months, I notice on my daily statements though theres a $-20 or $+70 and fluctuates between those amounts under “forex” when im purchasing funds with margin am I buying with USD then when selling is it converting back to CAD? im just stumped because under forex today it showed -$70 no idea how thats even possible   submitted by   /u/AdministrativeSail51 [link]   [comments]
    [visit article]
  3. Question about shorting. (27/03/2021 - Reddit Stocks)
    I’ve been trading for a few years now, always messed with Forex stuff until recently. I’ve bought a few stocks prior to a full move away from forex markets, but have never shorted. I don’t use options and just buy shares, I stay below $10 generally because of my system has me looking for a specific type of Technical Analysis. I under stand that shorting in forex is just buying the opposite currency, but never really understood how a short works with equities, etfs or non currency markets. I understand that options shorting can get You in trouble. So, what are the shortfalls of shorting stocks? Other than being wrong. TIA   submitted by   /u/LSSCI [link]   [comments]
    [visit article]
  4. Forex Secrets For Beginners (04/06/2021 - Reddit Stock Market)
    Even the expert traders and bankers are challenged to make really good and well-informed trades. A single Forex trade ought to be done after cautiously considering some factors. According to the expert traders, it’s easy to trade in the Forex market but for the newbies, it might be a bit hard. You see, there are some things that you need to consider. Many traders lose their capital and according to statistics, these traders make up 90% of the total number of traders in the Forex market. The other 10% is still split into two wherein the 5% are the breakeven traders and other 5% are those traders that attain good results. Forex secrets and the art of buying and selling any commodity step by step Ebook   submitted by   /u/Robert-Kenneth508 [link]   [comments]
    [visit article]
  5. Learning the mindset of powerful traders and mastering the art of currency and commodity trading easily. (31/05/2021 - Reddit Stock Market)
    Even the expert traders and bankers are challenged to make really good and well-informed trades. A single Forex trade ought to be done after cautiously considering some factors. According to the expert traders, it’s easy to trade in the Forex market but for the newbies, it might be a bit hard. You see, there are some things that you need to consider. Many traders lose their capital and according to statistics, these traders make up 90% of the total number of traders in the Forex market. The other 10% is still split into two wherein the 5% are the breakeven traders and other 5% are those traders that attain good results.   submitted by   /u/Robert-Kenneth508 [link]   [comments]
    [visit article]
  6. My trading challenge 2021: 800X my account (27/04/2021 - Reddit Stock Market)
    Hey! I am HODLing BTC and other cryptocurrencies, but aside from that, I like to day trade with a SMALL amount as well. I enjoy it and I am able to make good profits from it. I failed hard when I tried to day trade the first 2-3 years, but now, I have 5+ years experience and I found my style that I like and I am now profitable even if its still REALLY HARD to day trade. However, since I am trying to kill a lot of time here in Sweden during these Covid19 times, I decided to do a Day Trading challenge where I will try to grow my trading account by 800X this year by using a SUPER RISKY leverage strategy. I am live recording every trade that I make and I will keep you up to date on YouTube. If you are interested, here is Part 1 of my Youtube series: https://www.youtube.com/watch?v=mqTq8IEghYM All the best, Joel   submitted by   /u/JoelOnCrypto [link]   [comments]
    [visit article]
  7. Exchanges in the Forex market occur instantaneously (11/06/2021 - Reddit Stock Market)
    Even the expert traders and bankers are challenged to make really good and well-informed trades. A single Forex trade ought to be done after cautiously considering some factors. According to the expert traders, it’s easy to trade in the Forex market but for the newbies, it might be a bit hard. You see, there are some things that you need to consider. Many traders lose their capital and according to statistics, these traders make up 90% of the total number of traders in the Forex market. The other 10% is still split into two wherein the 5% are the breakeven traders and other 5% are those traders that attain good results.   submitted by   /u/Robert-Kenneth508 [link]   [comments]
    [visit article]
  8. What is "TAX WITHHELD" on fidelity (11/06/2021 - Reddit Stocks)
    So I recently opened a youth fidelity account( Cash) and traded AAP for $5.03 profit. today I get 47.49 taken out of my account for "TAX WITHHELD". I couldn't find info about Tax Withheld related to stocks. I am very new to using a non-paper trading account. It says that the Symbol it operated on was AAP so does this mean I will have 47.49 taken away every time I trade because that is not viable for my trading strategy.   submitted by   /u/Doubble3001 [link]   [comments]
    [visit article]
  9. Maintain ‘hold’ on Siemens; SOTP-based TP of Rs 2,156 (08/06/2021 - Financial Express)
    Forex gains supported overall ebitda margin: During H1FY21, the company had Rs 500 million as forex gain vs Rs 900 million forex loss in H1FY20. Overall gains on exports due to merchandise from India Scheme (MEIS) had decreased to Rs 200 million in H1FY21 vs Rs 500 million in H1FY20.
    [visit article]
  10. Trading OTC vs Listed (NASDAQ/NYSE) (01/05/2021 - Reddit Stock Market)
    Watched some interviews with successful day traders, who are students of tim skyes, and they mentioned how it is different trading OTC vs listed, that they just stick to OTC. So some of the reasons they mentioned were that OTC charts tend to be more cleaner (which i guess to be respecting support and resistance lines more; forming better setups that offer an easy stop), less prone to manipulation and algo trading (thus less noise and cleaner ?). Personally for me I’ve been trying to learn trading with listed big cap high volume stocks (with high volume options) because i’m using a small account (at least starting small), hence i wanna keep spreads as small as possible. And it doesn’t help that OTC has a 6.95 fee that eats away a chunk of my profits / magnify my losses. Can someone please provide more insight and explanation regarding the differences between trading OTC and listed, as well as the implications? Is there one that is objectively/markedly better/easier? Also considering trying to learn OTC trading, but i’m not sure whether it’s worth, given how i’ve invested so much time into learning trading on listed, plus not sure how profitable i can be given my small position size and relative high commissions.   submitted by   /u/sl33pycabl3 [link]   [comments]
    [visit article]
  11. Forex impact and different markets (11/05/2021 - Reddit Stocks)
    My home currency is the euro. A change in EUR/USD also means a change in my portfolio value because i essentially have to buy dollars first so i can buy US stocks. Many of those show forex losses of 1-4%. Now a lot of US stocks in my portfolio are also listed on exchanges in europe. So if i buy APC in germany instead of AAPL, is my investment no longer affected by the happenings on the forex market or is that just baked into the price? Is there any difference at all? I know about lower liquidity but most of these are intended as long term investments so that does not matter too much.   submitted by   /u/sven2123 [link]   [comments]
    [visit article]
  12. I have no knowledge or experience in stocks or economy whatsoever but I want to learn; What should I know before diving into anything? (16/05/2021 - Reddit Stock Market)
    I’m new to Reddit so I don’t know if this belongs here so please don’t bully me lol. My girlfriend has a Robinhood account and she put $100 into Dogecoin. I want to get more into investing/trading (not just crypto). I really would like to educate myself so I can get into this and make some side money. (I’m a high school student with a part-time job that isn’t going to pay for college alone lol) If anyone can give me advice or educate me on this, please don’t hold back. I don’t want to blindly dive into it. I know the basic principles of “never put in more than you’re willing to lose” and “buy low/sell high.” Just a fundamental understanding of economic terms. P.S. I have a buddy who’s into Forex trading and everything that I DO know, I’ve learned from him.   submitted by   /u/idkchroma [link]   [comments]
    [visit article]
  13. Noob question about trading platform online. (27/03/2021 - Reddit Stock Market)
    Hi.. so recently i decided to enter the stock market and all the intriguing details with it. I am a small fish and looking only to research and invest rather then to traid and hold for long periods... years and years. But i am far from comfortable to dump 1000 at once into platforms like forex or similar, who ask up front. What platforms would you recommend for a person willing to spend small amounts for monthly investment? I have heard some names here and there. But wanted to hear a more experienced opinion from here and start from there. Any advice or warning would be welcome since behind fees or other financial mechanical details can escape me initially. Thanks in advance.   submitted by   /u/ParaplegicOctopus [link]   [comments]
    [visit article]
  14. Tools for Trading in Canada (25/03/2021 - Reddit Stock Market)
    I have a few questions and hope you guys could help me answer them. Tracking Tool What’s a tool to track profit/loss on a monthly/daily basis? I’ve seen people posting calendar of their months trading results... I’ve seen Youtubers showing their profit/loss on a month in Green or Red. I looked online but I only see Excel Sheet template. Do people create their own tracking sheet for profit and loss? Trading Platform I have a paper trade account with thinkorswim and opened IBKR account to start live trading when I have settle on a trading strategy. What’s the best way to keep the Canadian currency vs US price in an account? I find it very confusing. Currently have used my bank Broker to buy some stocks and I feel like I am always losing on the price different between US and CAD currency. Any suggestion on other tools i should use?   submitted by   /u/newOneCuriousOne [link]   [comments]
    [visit article]
  15. My favourite trading strategy (aside from HODL) (25/04/2021 - Reddit Stock Market)
    Hey! I found a trading strategy that I really like and I am finally profitable with so I wanted to share it with you guys. But first, I want to make it clear that my #1 strategy is to HODL. But since HODL is 100% passive, I want to trade Bitcoin and other cryptos as well. Because I enjoy it, and its profitable for me. So, my favourite day trading strategy is this: - Taking profit at 3% - Having a stop loss at 2% - Using a 15X leverage (this is risky, so do NOT copy me) - Using an exchange with super low fees - Trading primarily Fibonacci golden pocket on smaller time frames In my +80000% day trading challenge that I am doing on YouTube, I was able to 10X my balance in 2 months. I started with 100 USD and now it is over 1000 USD. If you want to see my strategy in action, I am recording all trades and posting on YouTube here: https://www.youtube.com/watch?v=mqTq8IEghYM All the best, Joel   submitted by   /u/JoelOnCrypto [link]   [comments]
    [visit article]
  16. MagKing Forex : It's a scam, save yourself and people around you from it. They target people who know little about forex and daytrading. (24/03/2021 - Reddit Stock Market)
    I don't know where else to post this but this seems like a place to raise awareness against a Forex broker that is scamming people, please repost in other subs that you think are the right place for this kind of stuff. So a few days ago I matched with a girl from Hong Kong on tinder, we start to talk about normal stuff, she told me that she was swiping in my country because she likes to travel and would like to visit soon. So over the next few days we exchange numbers, she shows off her nice job and how she makes a lot of money by trading and investing. I always had some curiosity about trading and investments but never actually got around to learning about it so I guess I was a easy target. To start things off I invested an initial amount of $1000 but the website seemed a bit shady, in less than a month she helped me double my investment and my account had $2k in it and she constantly kept saying things like how I could make a lot more if I invested more money, kept saying things like you need to increase your capital then you can so much more money. There were multiple red flags and I went looking for answers. All the reviews I found of that website are extremely negative and the final confirmation was this website, reading the comments at the bottom was confirmation for me that I was being scammed https://theforexreview.com/2020/11/05/magkingfx-review/ It was bad news but honestly losing $1000 was not going to kill me but all those people in the comments probably lost more than that. Basically they ask you to invest a small amount of money at first, then ask you to invest in XAUUSD.m which is probably controlled by them, then they show you how easy it is to make an insane amount of money in a short time, they'll even let you make a withdraw but then pressure you to invest a lot more and that's when you lose all your money. Tried to find if there's anything on reddit about them but all I got was this https://www.reddit.com/r/investing_discussion/comments/kr82y7/any_thought_about_magking_limited_trading_website/ More people who got scammed and probably don't know what to do after. As for me I convinced her that I'm going to invest another $10,000 but I need to see how the withdrawals work and I was able to withdraw $1500, I had already accepted that I'll lose all my money I was just lucky that this trick worked. They have hundreds of different domains just one of which is this one https://www.magking.com/ On the front page they claim to have a US FinCEN and a Canadian FinTRAC license and they actually check out. They are actually registered with them but since I'm not from either of those countries I don't know what this amounts to and how to get these authorities to act on them. I hope someone can find a way to stop them because they are very aggressive, very believable and probably targeting hundreds of people right now. This dude on YouTube is promoting them is probably involved in the scam https://www.youtube.com/watch?v=QRsJRl6MdX0 TL;DR : MagKing forex is scamming people out of thousands of dollars across multiple countries, using girls that contact you through Tinder, Insta, Facebook etc. Report them to the authorities, they are registered as Money Services Business with the US FinCEN and Canadian FinTRAC.   submitted by   /u/anshul22 [link]   [comments]
    [visit article]
  17. New to active trading - Strat on RBLX? (10/03/2021 - Reddit Stock Market)
    Hey Everyone, I'm new to trading, been holding stocks for a decade that I inherited. They were all beaten by the S&P and as I’m remote all the time now I thought it was a good time to learn and make my stocks work for me. I learn by doing, mostly by making mistakes so I have a small bankroll for my learning curve. I started on Monday and have small pieces of QEP, OII, MTDR and BBKCF. With my low bankroll I got RBLX @ $65.22 x 25. What is the right strategy here? I saw someone post that we should sell today, but we’re only at a +$10 from where I could get in, now +$5. Thoughts? I appreciate any and all comments!!! Thanks!!   submitted by   /u/Josh_Mantis [link]   [comments]
    [visit article]
  18. Suggestion for New Traders and How They Should Start! (02/04/2021 - Reddit Stock Market)
    I have just recently joined Reddit, and in my short time I have seen a lot of new investors asking questions about where to start. I’m sure this has been posted on this massive community before, but here is my input on WHERE a new trader should start and how. First and foremost, focus on LEARNING Before focusing on making money. Get yourself a demo trading account. This can be done with many big brokers. Will not name any here as a simple google search will answer this for you. Read the following books: Books are a great way to stimulate your mind and get you thinking in the right direction. Most things online try to sell you some sort of program after. Books don’t tend to do that! Trading in the zone - Mark Douglas Trade Like a Stock Market Wizard - Mark Minervini A Complete Guide to Volume Price Analysis - Anna Coulling Pick ONE trading strategy. TRADE ONLY THAT for 3 months in your Demo account! A strategy can be any of the following: Bullish pennant Falling wedge Breakout Double bottoms Cup n handle etc Track your entries, exits, targets, and why and what happens. Tracking everything you do will give you enough data points so you can make a decisions based on what and where you should focus your energy on! Use an excel sheet! Keep tracking and trading until you are consecutively profitable for 3months straight. You want to stay consistently profitable in ur demo trading account before you go live! This is going to be the best and least expensive way to get you started! Hope that helps!! Oh and I already love Reddit! Haha   submitted by   /u/InvstNOW [link]   [comments]
    [visit article]
  19. Kotak Mahindra Bank launches outward forex remittance service ‘Kotak Remit’ (15/02/2021 - Money Works 4 Me)
    The outward forex remittance solution is live on the Kotak Mobile Banking App
    [visit article]
  20. Help me stay developing real strategies please (01/06/2021 - Reddit Stock Market)
    So I've been investing a year now and for the most part I've been doing great. I've done a lot of small scale trading to help me aave 20-40 a paycheck. Then when I got taxes and stimulus around the sand tons earlier this year I started trading more with that. Turned a little less than 2k into around 5k with only probably a thousand dollars put into the account and I had used a few thousand dollars out of it as well. But then my fiance and I got an inheritance and I put the account at 40k and turned it into 45 in 2 days then bought GOED and lost 14k on that alone. So I've realized that I might not know a lot. And that even if I am knowledgeable I need to know a lot more so hit me with anything from beginners stuff to options. I'll work on the rest later. But I wanna retire and trade someday so I need to take the education part of this more seriously.   submitted by   /u/Gfro3141 [link]   [comments]
    [visit article]
  21. Celebrating my 1 year anniversary of my experimental active trading account. $69,000 to $1,320,000. (14/03/2021 - Reddit Stock Market)
    About one year ago I decided to open a new account just for fun dedicated to active trading with $69k. Today is the one year anniversary of the said account. So I am celebrating $1.3M in gains with three cups of morning coffees instead of my usual two. I felt a lot of rules we set on ourselves limit returns we can get. The strategies I use for this account would be shitted on by investment professionals and most people lurking on value investing forums. This account was dedicated for fun trading using strategies that I don't implement on the other accounts I manage. I have been sharing my DDs here with the community. ​ https://preview.redd.it/7bk37r1z61n61.png?width=1004&format=png&auto=webp&s=6d00eefaad3cd44c1095e8301eacfea61bb3fa9f   submitted by   /u/_WinnerTakesAll_ [link]   [comments]
    [visit article]
  22. I recorded all of my trades this year, and I’m up +636% on bitcoin. (01/04/2021 - Reddit Stock Market)
    Hey guys! Part 7 of my +80000% crypto day trading challenge is now live on YouTube! https://youtu.be/BJ9DcDNz0HM Since I have a lot of extra time due to the Covid situation here in Sweden, I decided to do a day trading challenge this year, which I’ve been doing since February 2021. The challenge is based on a strategy that I created based on my trading result calculator and it’s actually working out really good so far. I’m 36 trades in and up +636% already. My vision is to increase my trading account by +80000% this year, going from 100 USD to 80k USD. I know it sounds insane, but I actually have a plan for this. All the best, Joel   submitted by   /u/JoelOnCrypto [link]   [comments]
    [visit article]
  23. Rookie Mistake, left with a question. (26/03/2021 - Reddit Stocks)
    So I misunderstood RobinHood’s day trading warning, I took it as this is your 3rd day trade this week, unless you have $25,000 in your account one more trade after this you will be labeled a pattern day trader and penalized. Apparently it meant this is my 4th day trade for the week and now I’m waiting for A representative to ask for my kneecaps. From my understanding, I could be subject to needing a $25,000 amount in my account by next week or else I’ll be a labeled pattern Day trader and banned from day trading for 90 days. Is there anything I can do? I’m assuming I can’t just switch platforms to TD Ameritrade or something like that? TLDR:I’m an idiot and thought I was playing by the 3 weekly day trading rule but there was an additional small buy/sell I made on Monday, is there anything I should do? Thank you, I’m sorry for such a rookie question, this was an honest mistake, I was aware of the 3 day trade rule but I didn’t keep close enough track of all my orders, cause I’m an idiot. Have a great day!   submitted by   /u/Cindermidnight2 [link]   [comments]
    [visit article]
  24. This guy is killing it Day Trading bitcoin... almost 10X in 2 months (06/04/2021 - Reddit Stock Market)
    I found this guy on Youtube, he is doing a day trading challenge this year where he will try to day trade 100 USD to 80 000 USD with a specific strategy which sounds insane. He even updated the strategy which now allows even more profit. This guy obviously has a lot of experience, but based on his trading style, how long do you think it will take to get to his level? The style he uses doesn’t seem that complicated, but it’s a risky style. I would recommend to watch his trading challenge here: https://www.youtube.com/watch?v=mqTq8IEghYM Let me know what you guys think   submitted by   /u/Routine_Rest8832 [link]   [comments]
    [visit article]
  25. HFX (03/05/2021 - Reddit Stock Market)
    Hello I will like to tell you all what High Frequency Forex(HFX) is all about you investing in a recommended broker and start trading. Trading in the sense that you predict if the price of a certain commodity falls or rise. As an expert it’s no longer prediction. I have studied the market so I know when it will move either way. Permit me to create awareness about the business opportunities I organize for potential investors to make profits. I work with Learn 2 Earn It as the Head Of Operations. Learn 2 Earn It is a world class HFX (High Frequency Forex) network based in Europe. As a result of the lockdown and its effect, we have collaborated with blockchain.com birthing a program that can enable individuals and groups, stay home, stay safe and stay funded. The program has been set to reproduce 80% in profit. earning 0.8BTC profit, for every 1BTC right in the comfort of your living room. This initiative is powered by advanced algorithms and a genuine heartfelt compassion for life in this tough time. With your permission I can provide more information on how it works. Contact us [email protected] Regards.   submitted by   /u/Safe-Holiday4086 [link]   [comments]
    [visit article]
  26. My Story.... (27/02/2021 - Reddit Stocks)
    Hello, a 23-year old newbie investor here… I know you guys are tired of my kind and I would like to offer an apology for that lol! Also English is my third language, so I am sorry if there are any grammatical errors. So anyway, I followed this subreddit and the few others quite a while ago, almost a year ago before COVID happened (not r/wallstreetbets though, didn't know about its existence until the GME situation). I used to lurk occasionally and read DD's posted here, wanted to start my journey in investing but couldn’t due to my bad habit of procrastination. Then GME happened, and my interest in stocks skyrocketed "to the moon". I was just planning to be a spectator and enjoy everything from the sidelines. But then it started to rise to $200 and FOMO kicked in hard. I immediately signed up for a brokerage account. My account was activated on 1st Feb and by that time, stuff had already happened. My ape brain still dumped 8 shares @$88 thinking it will go up again. It went down and I started contemplating my decision very much lol… Now let me come to my point. I learned a few things from this ordeal, that is not to go into a trade with ZERO KNOWLEDGE of stocks. So I have decided to rectify my mistakes now. Here is what I am going to do going forward: I have started reading books on investing, mainly- 1. Technical Analysis Explained -by Martin Pring 2. The Intelligent Investor -by Benjamin Graham 3. The Richest Man in Babylon -by George Clason Once, I finish reading the "Technical Analysis" book, I will start practicing on the paper trading account of TD Ameritrade. I'll only start trading with real money when I can make a small profit consistently for a few weeks on the paper trading account. I have set my initial goal at $5 profit per day. I'll be happy if I can meet that goal every single day (is it too much for a newbie like me?). And by this time next year i.e. 27the Feb 2022, if I make a $15 profit per day, I'll consider myself a successful trader lol. I am never planning to trade with a margin account, don't want to take any risk ever. Also, I have developed an interest in the "scalping" strategy from watching Ross Cameron's Youtube channel. I will try that out in the paper trading account. If I end up having any profits on the GME trade, I'll use that to start my investment journey. Never again will I take any shortcuts or risky trades unless I have money to dump around. If you are still reading this, thank you for your patience lol. This is my plan for the future. Please correct me if I am doing something wrong here, I will be extremely happy to hear your advice and suggestions. Thank you in advance. Peace :)   submitted by   /u/Karm_21 [link]   [comments]
    [visit article]
  27. Discussion: Why small investors can’t get rich quick and rich investors interests are protected. PDT. PCO’ing. After hours trading and the GME debacle. (12/02/2021 - Reddit Stock Market)
    I’ve always thought that the stock trading system has had its flaws and I think this past month’s ordeal with GameStop showed that. Robinhood PCO’d (position closing only) the stock making it only available to sell, but this limitation mainly effected small-time investors that use these brokers open to the public. Another thing I think makes it hard for small-time investors is the PDT (pattern day trading) rule. Also the ability for after-hours trading has traditionally been for institutional investors, although it’s opened up more in recent yearsany thoughts on these? Are there other things in the stock market that protect the interests of the rich or at least keep small investors from being able to “get rich quick” so to speak. Do you guys know any good articles that talk about it?   submitted by   /u/XCLawandRealEstate [link]   [comments]
    [visit article]
  28. I just turned 18 USD into 1369 USD in 2 months (76X) (24/04/2021 - Reddit Stock Market)
    Hey! First of all, I want to make it clear that i HODL Bitcoin and other cryptocurrencies, so please dont hate on me for day trading as well. I both HODL, swing trade and day trade because I enjoy all of it. But 99% of my money is in HODL, ok? But aside from the HODL portfolio, I am also doing day trading and swing trading because its fun and I am actually profitable in day trading as well. Right now, I am doing a day trading challenge on YouTube where I will try to 800X my money this year. I started with 100 USD, then I lost a lot and went down to 18 USD (LOL)... But then I turned that 18 USD to 1369 after a small adjustment in my strategy, thats 76X the money. And I will keep doing this and hopefully I can reach my goal at 800X this year. I am recording every single trade that I am doing and showing it on Youtube. If you are interested to see that, here is a link to Part 1 of my Bitcoin Day Trading Challenge 2021: https://www.youtube.com/watch?v=mqTq8IEghYM All the best, Joel   submitted by   /u/JoelOnCrypto [link]   [comments]
    [visit article]
  29. $10k to invest in a standard account, but where? (26/05/2021 - Reddit Stocks)
    Hello internet, Back at it trying to figure out my next move in my standard account, I’ve already maxed out my contribution in my Roth account and put it primarily into AAPL, MSFT, and VOO. With that being said my standard account is more of my play account where I’ve been losing money ever since. I have 220 shares of $NIO, 90 shares of $GBOX, and 290 shares of $CLOV. I’m down pretty bad in this account but am determined to learn from my mistakes and get better. I have $10k in cash I want to put in this standard and let it sit for minimum of 18 months due to tax purposes. My thought process is throw it all into $VTI as I’m tired of losing money on “meme stocks” and Twitter kids hyping things up. Would the strategy be ETF focused or individual stock picking? My goal in next 2 years is to buy a property   submitted by   /u/cbpa07 [link]   [comments]
    [visit article]
  30. Better than SBI Fixed Deposit! Savings Bank Account with 7% interest, zero maintenance charge launched (25/03/2021 - Financial Express)
    A Saving Account offering 7 per cent interest on the account balance has been launched by Niyo in partnership with Equitas Small Finance Bank.
    [visit article]
  31. Low Investment Account Transfer Suggestions (14/02/2021 - Reddit Stocks)
    Hi, I am a new member of the subreddit, and a few years ago i invested $100 in a mobile app to explore trading with relatively low risk, due to a small initial investment. Now, I still don't have a lot of money, and after the whole GME debacle recently, I want to pull out of my current account and move elsewhere. I did look at the wiki here, and there are a lot of options, but all of the recent events has left my head spinning, contradicting some of the suggestions on the wiki I'm not sure what I should be looking for in the first place, and some suggestions would be immensely helpful. Right now, I like having no commissions and access to fractional shares, because it doesnt punish my low balance. I'm no sure if there is anything out there for me, but if there is I want to know about it!   submitted by   /u/yeeshue [link]   [comments]
    [visit article]
  32. I need help finding a broker that is well suited for an Austrian investment starter. (22/02/2021 - Reddit Stocks)
    Hey guys! I got interested in investing a rather small part of my money that is rotting at the bank. I am quite new to all that and am in the process of learning and paper trading I would like to put the majority into an index found like s&p and forget it, like I did when it was at the bank the past 10 years or so. With a small part of the money i would like to try investing here and there in companies/stock i believe in, as soon as I feel educated enough to do so. Everything with little money. Probably gonna start with 2-3k € (where 60% would rest in a fund) I made an account on eTorro, but after the fiasco last month i swapped to capital.com. But I did not do my DD on the broker. So now i see that it only offers margin trading with overnight fees. Which is the exact opposite of what I need. Any suggestions? I am interested in a place where i can invest and forget, optimally without margin cause that does scare me somewhat. Any help is appreciated   submitted by   /u/liquidmasl [link]   [comments]
    [visit article]
  33. Critique my strategy (13/02/2021 - Reddit Stocks)
    So I just wanted to get some feedback on my strategy. Background: 30 married, 2 kids, self employed. Through my SEP alone I'm able to put a pretty good amount in yearly, plus I save additional from my salary. Liquidity is pretty important incase I ever need the money (you never know being self employed). Not shown is cash account, I also allocate cash monthly for an emergency fund. I broke it out it out into what would be 2 different accounts, one ETF's and the other dividend (I understand there is overlap here) So the ETF account would hold: SPY ARKK IWM VGT XLV YOLO (this could be a shorter term investment) VWO The dividend account would have: MMM KO IBM JNJ T or VZ XOM BKH LEG JPM or PBCT HD Thought process being ETF account would focus more on strong growth over the next 30 to 40 years and then put into something else when I "retire". The dividend account would be reinvested and focus on the income stream it produces in the future, making it a livable amount by the time i'd 60ish. With both account, I would just buy more ever month or whatever, never worry about the short ups and downs. I'd save some cash incase we have major corrections I have more buying power. I saw a couple threads asking critique on strategies and I've been working on this a lot lately so just wanted to get outside feedback.   submitted by   /u/oddball09 [link]   [comments]
    [visit article]
  34. Where to find a list of tradable rights and/or warrants? (14/05/2021 - Reddit Stocks)
    I'm interested in trading rights and warrants as part of a strategy, but I'm having trouble findings a list of stocks that have associated rights and/or warrants. Is there a source of all active tradable rights and warrants? Free preferred, but I'd be willing to pay. My strategy is to purchase single rights and warrants that are exchangable for a fraction of a share when the company has stated that fractional shares will be rounded up to full shares. Round ups are rare, but happen a few times a month of small profits.   submitted by   /u/ReverseSplitArb [link]   [comments]
    [visit article]
  35. Am I misunderstanding a margin account or am I right to want to switch back to a cash account? (23/02/2021 - Reddit Stocks)
    I switched to a margin account with Ameritrade because I thought the extra buying power would be nice in those moments when it'd be worthwhile (e.g., I am very confident about a stock increasing in value). If that's how it works, I would be happy to have a margin account. However, it seems that I have to use margin for every stock purchase even when I have cash in my account? That seems like bullshit to me. The last thing I want to do is use margin to buy small positions here and there and then pay interest on those "loans" when I have the cash to make the buys sitting in my account. This happened yesterday and I just couldn't believe that I "owed" a margin loan despite wanting to use my own money. I've requested to switch back to cash account (no reply from them yet sigh...), but am I understanding this correct? Am I forced to use margin or did I overlook the way to use cash instead of margin?   submitted by   /u/JoshTheBear_ [link]   [comments]
    [visit article]
  36. schd in taxable account (06/05/2021 - Reddit Stocks)
    I want to set up my taxable account to be more tax efficient. Looking to long-term hold a couple of low cost index funds and non dividend paying stocks. With this strategy in mind, is schd good to hold in a taxable account? I currently have a position in taxable.   submitted by   /u/PlayerLou [link]   [comments]
    [visit article]
  37. Why won’t Fidelity let me trade options? (14/05/2021 - Reddit Stocks)
    I am cleared for level two options trading and I have about 23k in my account? Is there a minimum account that I don’t know about? I’m not new to trading options... I’ve been doing it for a bit on Robinhood but I transferred everything over to Fidelity for obvious reasons and this process has been a pain. I haven’t traded any covered calls which is level one trading but I thought that since I’m cleared for level two I could. I don’t want to reach out to customer service since their hold times are too long. Any advice?   submitted by   /u/doubtful_youth [link]   [comments]
    [visit article]
  38. How to identify exit points on a 1 min or tick chart? (11/06/2021 - Reddit Stock Market)
    Hi, I'm looking for some advice. I'm pretty new at this and I've have a swing strategy I'm happy with, but I can't seem to master getting out of my positions at the right time. Prevailing wisdom is, cut your losers fast and let your winners run, but how do I tell which is which? My strategy right now is, my stock is up, I'm watching the bars and macd . . . when the little line on the macd starts moving sideways instead of up, sell fast. This is working in that I come out with a profit, but wow - I just got out of GBS this morning with a 4.4% profit and it proceeded to shoot up another $2 a share. I tried to get back in on another trading account but the price was moving too fast and I knew I was now just chasing and going to lose. I mean, 4.4% is fine. It's in the green . . . but I missed some really nice profits.   submitted by   /u/Sunsheynn [link]   [comments]
    [visit article]
  39. How to take the next step in trading/investing? (09/06/2021 - Reddit Stocks)
    I am relatively new investor, I have been doing my own research for about year now. I have a Vanguard account that I have almost all of my saving in. I am perfectly fine with keeping 80-90% of my savings in this account and am fine with the returns its producing. However this past month I have been accepted to a graduate program where I will be attempting to get my Masters of Finance. With a focus on Financial Analysis. For the past 6 months or so I have been using a play around account that I deposited 5k into. The problem is that the stuff I have been investing in has been either a flop (ARKW) or there is not enough risk for me to make any worthwhile gains. What should I be looking to do with this play around account. Currently I feel invested into way too many dividend stocks and stuff that will make me money if I hold the stock for life, but I doubt I will be doing that as the returns will end up being too small. What is the first step too branching out into more risky plays (not Meme stocks)? Currently my positions are: VZ $57.50 calls 1/22/22 AMD $92.50 calls 6/17/22 UNFI $60 calls 1/20/23 LMT (+5%) MO (+3%) MSFT (+4%) PENN (-17%) ​ Take it easy on me I am still a noob but would love some advice on how to take the next step! Thanks   submitted by   /u/tahopg [link]   [comments]
    [visit article]
  40. Guess my amazing opportunity was rescinded :( (25/05/2021 - Reddit Stock Market)
    May 20 ????benryker 04:59 PM Hello ???? ????Midweek-Meltdown10:52 PM Hi there May 21 ????benryker 02:56 AM How are you doing?? ????Midweek-Meltdown 07:44 PM I'm good thanks, not to be rude but why are you talking to me? ????benryker 07:50 PM Wanted to know if you are open to new business opportunities ????Midweek-Meltdown 07:55 PM Ominous, it depends what these opportunities are. I wont sell my body May 22 ????benryker 06:54 PM Are you familiar with forex? May 23 ????Midweek-Meltdown 09:14 AM of course, please get to the point. I'm all for a bit of fore play but the suspense is dwindling ????benryker 11:49 AM I work with a trading platform where after trading 7days your profit will be made available for withdrawals into your bank account or crypto wallet respectively With an average deposit I can assure you making 595% of the amount you trade with within seven days of trading ????Midweek-Meltdown 06:28 PM so I give you money and then 7 days later you give me a 595% profit? you are A) the greatest trader in the world B) your platforms business model is terrible and you are loosing money daily and will be bankrupt in no time or C) this is a scam. Also looking through your comment history it looks like you push doge quite heavily which leads me to believe your maybe scam has something to do with the dogga. Not gonna lie, I see you've been awarded a hugz award and also have enough karma to post on my favorite subreddits which makes me sad and jealous, I will make it one day I guess. Just out of interest what made you target me with this great opportunity?   submitted by   /u/Midweek-Meltdown [link]   [comments]
    [visit article]
  41. Should I quit my job and try to live off trading? (21/02/2021 - Reddit Stocks)
    Last month I made AMC gains, portfolio is around 124k right now. I have a miserable factory job on first shift (out at 3.45est). I want to try and play safer dividend and etf trading, so that I can slowly live off my account. I have been trading since 2019 so I don't want to give the impression that I just started when GME started memeing. I have only put in 22.5k cash into my account all time. What are some things I should check to make sure I can make that decision. savings account? Knowing more about the market? 100% budgeting for the rest of the year? I make about 41k 40hrs week. I actually work about 50-55hrs. So I can actually live on my portfolio losing, for about a year. A bit more info, i'm single, live an apartment, no kids/car payment. ​ What would you do? Is this just a dumb idea, tell me what you think. thanks.   submitted by   /u/xpercipio [link]   [comments]
    [visit article]
  42. Automatically Investing Small Amounts Each Week (11/06/2021 - Reddit Stocks)
    I have my account and my roth and everything set up with schwab but the thing is that it doesn't allow to me to set up automatic investments in any stock only certain ones i want to set up where 5% of my check each week goes into the SPY and another goes into a small cap etf can anybody help me out with a broker that allows me to do that !!!! Thanks   submitted by   /u/laxgivens [link]   [comments]
    [visit article]
  43. Silly question below! (25/05/2021 - Reddit Stocks)
    Let's say I have two different brokerage accounts, account 1 and account 2 On account 1 I have 1 stock of ABC, ABC is trading a $10/share. Let's say that I put in a limit sell order at $100/share on account 1, and on account 2 I put in a buy limit order at $100/share. will this transaction link these two accounts? also, how will that affect the current stock price of ABC? sorry if this seems like a silly scenario just curious what would actually happen, thanks!   submitted by   /u/GodOfThunder101 [link]   [comments]
    [visit article]
  44. Stock trading brokerage for a teenager? (13/06/2021 - Reddit Stocks)
    My 17 y/o is working and is already set up with and contributing to an IRA (through Vanguard), but is looking to take a small portion of his part-time income and use it to trade individual stocks. The online brokerages I've looked at (WeBull, TD Ameritrade, RH) all require you to be 18. Is there a brokerage where I can set up a custodial account to allow him to do his own trades? Or is there a better way to do it?   submitted by   /u/Hey_Peter [link]   [comments]
    [visit article]
  45. Intra-month trading > day trading (28/04/2021 - Reddit Stocks)
    What if the strategy involves turning a lot around within 2-3 weeks instead of day trading? That's a viable approach too right? Less time spent with possibly making just as much money and less stress, especially using bracket orders.   submitted by   /u/smoledman [link]   [comments]
    [visit article]
  46. Different trading strategy per stock? (27/03/2021 - Reddit Stocks)
    I recently made a strategy for a stock that works quite well for that specific stock, but not for other stocks. Is this a bad thing? Should a strategy always work on each stock? I backtested it as a script, havent used it realtime yet. Made it specifically based on historical data of that stock.   submitted by   /u/DeeperLevelGame [link]   [comments]
    [visit article]
  47. Bear ETF's to cover my arse?? (13/03/2021 - Reddit Stock Market)
    I am a newer investor with a relatively small amount of money invested. I'm basically at the "dipping my toes" stage and seeing what I can do with a couple grand. I do not, nor have I ever owned any stock that starts with a "G", but that hype is what led me to Reddit and I am happy to have found it. So far, I've been relatively successful and have grown my account by about 62% as of close on Friday. I get that this is a Bull market and gains are not always as easy as they are right now. After the week or 2 of red we just went through, I see that it can happen quickly and with little or no warning. I've been looking at some Bear ETF's as a way to possibly "pad the fall" when it does happen. I wouldn't put much into them, maybe 5-10% of my portfolio. They are trading at basement level prices now, but looking at the 1-year charts, some were 60 - 80% higher this time last year, when the covid-crash hit. Also, for instance UVXY, deals with short term futures. Which could possibly be used as an indicator as to what may be up ahead as well. Is this a good strategy? Tell me why it's not if I'm missing something.   submitted by   /u/Joper407 [link]   [comments]
    [visit article]
  48. A stock trading app that allows use of debit card (09/06/2021 - Reddit Stock Market)
    I frantically tried like 7 different apps today to no avail. Any ideas? My direct deposit through work is just a debit card. It's not a bank account, just a preloaded debit card with an account and routing number. Because of this, I can't actually link any bank account to an app. One of you brilliant shits has to have a solution, eh? If you don't know of any app that will allow a debit card, perhaps one of you has info on how to link a PNC Smartaccess account to one of the common stock trading platforms? I'm trying to meet the 560 character minimum now so that this will post, as I'm in dire need of assistance with this so that I can invest before my wife blows this extra money that I have to use. It would be especially kind of reddit to have a character counter in the text window, as I've no idea what number I'm at and I'm tired of typing.   submitted by   /u/0newithbow [link]   [comments]
    [visit article]
  49. Question about day trading and pattern day trading...my account is teetering just above and below 25k right now. (18/02/2021 - Reddit Stocks)
    So I'm finally teetering on the brink of 25k and have 2 day trades in the past 2 days. Is 3 day trades a violation if you have less than 25k, or is it 4 that would become the violation? Also, how would it work if your account is jumping up and down and occasionally dipping below 25k? More often I'm above, and on red days like today, I tend to dip below.   submitted by   /u/frogger1988 [link]   [comments]
    [visit article]

For more information mailto [email protected]. Disclaimer.