Stocks Bonds Forex Options Futures - No Crypto

That's a broad topic. Anything specific? What are your interests?

Well I wake up at 2am and start trading futures, then at 6am I am in out of stocks all day to include options. I then pick up some future trading at 5pm. I am studying FOREX but have not made my first trade. I study all aspects of the market for research to aid in trading. So really I study it all.

Well I wake up at 2am and start trading futures, then at 6am I am in out of stocks all day to include options. I then pick up some future trading at 5pm. I am studying FOREX but have not made my first trade. I study all aspects of the market for research to aid in trading. So really I study it all.

What sites do you find helpful and interesting? Reddit has a lot of investing subs covering a wide range of investing topics, from beginners to experts.

basically i have cnbc and bloomberg on 24/7. I also use barchart, finviz and yahoo finance.

Safe, proven, effective.

Almost all highly educated and trained money managers can't beat an index like VTSAX.

But they can get rich pretending they can, with other peoples' money.

I am starting to learn that all business TV guys and gals are FOS. Its good for news but I believe they are promoting investments that helps them. Lately they have been all over the place.

I am starting to learn that all business TV guys and gals are FOS. Its good for news but I believe they are promoting investments that helps them. Lately they have been all over the place.

Yes. It's just noise.

Be careful unless you have money to burn. I've seen way too many friends & family lose their asses on individual stock gambles. I've been through it myself during the dot com bubble. Lesson learned.

Also, taxes... When you trade frequently, how do you manage your taxes? Seems like a nightmare.

Short Term investing with stop losses set at what I am willing to lose keeps me from unplanned losses.
My accountant handles all the tax stuff. I have other tax strategies that counter the day trading tax repercussions.

I have never paid over 11% total taxes

CDs, T bills, MMFs paying between 4-5 percent now is pretty pretty good for cash lying around. Even high yield savings accounts paying around 4%.

Honestly I'd go annuities right now, much safer and more flexible than a CD. That's a safe route though.

If inflation is 5% and Cd's, Treasuries, and annuities are at 5%. That is a net of zero. Looking to discuss better ROI.

What I did today is short 1000 shares of AAPL just after 10 at 148.88. I then covered my shorts just before lunch at 147.57.

1300 in just over an hour. I set my stop losses and took profits while not be greedy.

If inflation is 5% and Cd's, Treasuries, and annuities are at 5%. That is a net of zero. Looking to discuss better ROI.

What I did today is short 1000 shares of AAPL just after 10 at 148.88. I then covered my shorts just before lunch at 147.57.

1300 in just over an hour. I set my stop losses and took profits while not be greedy.

Annuities and CD's will have a different APY due to capitalization of interest. I prefer safe bets when growing my money, my effort on those is also minimal compared to daily trading. I get it, we have different investment goals and in a way you're viewing this as a hobby?

Matt you are younger than me I think. You should have little more risk tolerance. Not a hobby though. I do it full time for the past 5 years.

42 here, but playing a little bit of catch up on retirement savings mostly.

I do have a brokerage account, but it's mostly random crap I've bought and held. I check it occasionally, but have to limit my exposure or I do stupid stuff like:

Buying GME for it's dividends only to have them immediately stop and tank. Got excited when I randomly checked and had regained my loss plus a little. SOLD! Next day see the whole meme stock thing going on. Kick myself and watch what sort of fortune I just sold in a quick decision.

LOl. I bought some GME to. Not a usual trade but FOMO got me.

I have a large position in Starbucks, just riding and reinvesting there. I'm a longer term investor tending toward financial stocks.

i do have accounts that are set up for long term and dividend stocks. I do actively manage but no day trading.

Dollar cost down and take profits here and there.

Still hoping for that big EMP pulse so my Pitney Bowes might be worth something if mail service came back. If not it's always a nice loss to take if I cash out something else. At least even out the tax liabilities.

I hope that conversations like this will spur other like minded individuals to join the group.

I am long term DVN right now selling calls against it for revenue. Take a look at it. Pays a ga dividend as well.

Sorry, for personal reasons I stay away from energy stocks.

What platform do you use? I'm primarily in Fidelity, but I'm trying out Ally's and thus far I'm not impressed with Ally's platform it's as clunky as their banking.

Sorry, for personal reasons I stay away from energy stocks.

What platform do you use? I'm primarily in Fidelity, but I'm trying out Ally's and thus far I'm not impressed with Ally's platform it's as clunky as their banking.

Etrade and Interactive Brokers

Just wanted to throw a little tip out there:

Be wary of small banks offering above market average returns on CD's or even unrestricted deposits. It usually means they need to balance their liabilities and can be a huge red flag.

IBKR pays incredible interest rate on idle cash.

Etrade and Interactive Brokers

E-Trade is great until you want your money, I left them ages ago due to that.