By Lunatic Go To PostNah I'm good you just took a running joke of reilo being brought up on federal charges for things people post a bit too serious.What's funny is that kabro is an admin so he'll get thrown to the bushes himself
By reilo Go To PostWhat's funny is that kabro is an admin so he'll get thrown to the bushes himselfplease respect my new moniker. "Kabrone".
I’m glad you two made up already. Now let’s get back to high risk high reward plays. GME gang, it’s time.
By sy Go To PostGive me the deeets
Toss 50$ down on any of those long shot pennies with catalysts approaching that Kabro listed. Wait for rise and sell. Rinse and repeat
By sy Go To PostGive me the deeetsseriously start paper trading on webull, sy. there are plenty of tutorials on youtube on the matter.
By rerixo Go To Postdon't fall for it syI feel this honestly. I don’t want to ruin this thread. You can see me and Ka$hbro are trying to steer sy from Yoloing his $50 away without due diligence. I’m just too lazy to make a thread.
can the meme traders make their own thread
By Perfect Blue Go To Post$UAVS lets gooooo
Drone stock 🤔
That seems like more of long or did you get in low?
By Fenderputty Go To PostDrone stock 🤔Cathie Wood's ARK fund is coming out with a drone and space ETF. She's a god at investing and thinks the market for drones is going to skyrocket very soon.
That seems like more of long or did you get in low?
By Blue Go To PostI feel this honestly. I don’t want to ruin this thread. You can see me and Ka$hbro are trying to steer sy from Yoloing his $50 away without due diligence. I’m just too lazy to make a thread.I just want someone coming in new to be somewhat educated before throwing down with real money.
I should've done papertrading before investing real money.
also any stocks i post with catalysts, I dont give advice so do what you want with the info i provided thats widely available on the internet.
I think it goes without saying that any discussion here is not actual money / business advice. Use your money at your own risk.
That’s being said, if it needs to be said I’ll sure we could lol.
Personally, seeing thoughts on specific stock and strats has been enlightening and my exposure is all of $200 lol. This is especially the case here because, as I said yesterday, my brief researching on Reddit and stocktwits was frustrating as most posts just feel like momentum builders and not actual DD (which I realize you should do regardless)
I’m probably going to invest 80% into index funds anyway. Long shot pennies just seem like fun and hey how else do you get rich quick ehh?
That’s being said, if it needs to be said I’ll sure we could lol.
Personally, seeing thoughts on specific stock and strats has been enlightening and my exposure is all of $200 lol. This is especially the case here because, as I said yesterday, my brief researching on Reddit and stocktwits was frustrating as most posts just feel like momentum builders and not actual DD (which I realize you should do regardless)
I’m probably going to invest 80% into index funds anyway. Long shot pennies just seem like fun and hey how else do you get rich quick ehh?
By Fenderputty Go To PostI think it goes without saying that any discussion here is not actual money / business advice. Use your money at your own risk.Aren't you like a Development CONtractor that has been working in the field for 15+ years. You could look into starting your own shop in a few years.
That’s being said, if it needs to be said I’ll sure we could lol.
Personally, seeing thoughts on specific stock and strats has been enlightening and my exposure is all of $200 lol. This is especially the case here because, as I said yesterday, my brief researching on Reddit and stocktwits was frustrating as most posts just feel like momentum builders and not actual DD (which I realize you should do regardless)
I’m probably going to invest 80% into index funds anyway. Long shot pennies just seem like fun and hey how else do you get rich quick ehh?
I envy you guys for having easy and cheap access to the stock market, you're all posting lots of useful and enlightening info.
The only way of investing I have is crypto. I'm a total novice, began moving some of the money into it 2 weeks ago, hopefully, I'll have some useful info in a few months.
For now, my plan is to do a DCA with splits being: 50% BTC, 20% ETH, 20% ADA, 10% XLM.
The only way of investing I have is crypto. I'm a total novice, began moving some of the money into it 2 weeks ago, hopefully, I'll have some useful info in a few months.
For now, my plan is to do a DCA with splits being: 50% BTC, 20% ETH, 20% ADA, 10% XLM.
I mean you could just the same apps interactive brokers, robinhood etc. You can also buy Vanguard and Schwab straight from their website. The cost of entry these days is the cost of one share.
By Lunatic Go To PostI mean you could just the same apps interactive brokers, robinhood etc. You can also buy Vanguard and Schwab straight from their website. The cost of entry these days is the cost of one share.I think Splatt is in Serbia.
By Perfect Blue Go To PostI think Splatt is in Serbia.Not sure of the laws in his country but don't think that should be a problem? Don't think they are a sanctioned country. For taxes you just pay withholding tax right from brokerage account
By Lunatic Go To PostAren't you like a Development CONtractor that has been working in the field for 15+ years. You could look into starting your own shop in a few years.That’s not quick and is a lot more risky with higher barriers to entry than tossing 50-100 down penny stocks lol
By Fenderputty Go To PostThat’s not quick and is a lot more risky with higher barriers to entry than tossing 50-100 down penny stocks lolHa fair enough. From the outside it seems like it is once you actually get into the industry. My long term plans are to close or running my own financial services shop or running a financial institution by the time I'm 45. Seems achievable at the rate of progression.
By Lunatic Go To PostNot sure of the laws in his country but don't think that should be a problem? Don't think they are a sanctioned country. For taxes you just pay withholding tax right from brokerage accountI don't think it's an issue related with laws just that those apps may not be available on that app store or can't operate in certain countries. Robinhood for example isn't available in Canada so I use Wealthsimple.
By Perfect Blue Go To PostI think Splatt is in Serbia.
Yes.
I do have access to Trading212 (still waiting for them to enable account verification) and Interactive Brokers (for which I have to lie a little in order to activate the account) but the process of paying taxes on any gains/dividends is incredibly obfuscated here and there is little to no help from the government since they employ people that have no idea about the laws that they should enforce.
The main reason I'm reluctant to start investing is that the government has started retroactively implementing tax with interest for any foreign inflows to local bank accounts after years of not giving a shit and not giving any notice to anyone... I don't want to risk getting a notice to pay taxes with gigantic interest 5 years from now because someone in the government didn't do their job correctly.
You can read more about it here
If you keep your money in the broker / stock / index etc, then you don’t realize profit and don’t transfer money to your account
By Fenderputty Go To PostIf you keep your money in the broker / stock / index etc, then you don’t realize profit and don’t transfer money to your accountYeah, I know...
I'm just being overly scared/cautious of trying to do anything until I learn more about the law on investment taxes and waiting for the resolution of the freelancer situation.
I'll probably start some small investments whenever trading212 enables verification and figure out the details later.
Thanks for all the helpful comments guys :)
here's the latest pitfall on OTC stocks. Caveat Emptor on COUV
Trading suspended. and you can't pull out your money atm.
Trading suspended. and you can't pull out your money atm.
By Kabro Go To Posthere's the latest pitfall on OTC stocks. Caveat Emptor on COUVGood to bring this up to show everyone how OTC can be very risky place to put your money. That’s why I personally don’t invest in Caveat Emptor. That 💀 scares me away.
Trading suspended. and you can't pull out your money atm.
Mastercard to let merchants accept some cryptocurrencies directly later this year
interesante.
https://www.marketwatch.com/story/mastercard-to-let-merchants-accept-some-cryptocurrencies-directly-later-this-year-11613010252?link=MW_latest_news
Kabro you still bullish on NSAV? Some news just came out ... shits moving a little (I only put down 100$ lol)
By Fenderputty Go To PostKabro you still bullish on NSAV? Some news just came out … shits moving a little (I only put down 100$ lol)yeah im in NSAV, 1 million shares in.
there's another catalyst. acquisition of cannabis company.
By Kabro Go To Postyeah im in NSAV, 1 million shares in.
there's another catalyst. acquisition of cannabis company.
The movement today was fast and fell fast lol
By Fenderputty Go To PostThe movement today was fast and fell fast lolWelcome to pennyland, baby! If you join Triple0 or Double0 gang then all you have to do is ride the wave whether it goes up or down and not worry much.
So I feel pretty confident that we’re gonna get a green jobs bill and that bernie will use reconciliation of he needs to. With Dems control green energy could be a big market. We already know Biden wants to make all his fed vehicles electric.
So ... other than Reddit boards. How does one go find green start ups and such in the pennys? If I’m searching for companies to do my own DD on, where do I look?
Wind / solar or even pollution cleaning companies
Everyone is already pumping MJ stocks from the election, but I haven’t seen much hyper around green tech
So ... other than Reddit boards. How does one go find green start ups and such in the pennys? If I’m searching for companies to do my own DD on, where do I look?
Wind / solar or even pollution cleaning companies
Everyone is already pumping MJ stocks from the election, but I haven’t seen much hyper around green tech
twitter / stocktwits people will usually list other stocks in the same sector.
check out ASTI and MMEX
check out ASTI and MMEX
By Kabro Go To Posttwitter / stocktwits people will usually list other stocks in the same sector.
check out ASTI and MMEX
I sort of feel like this is already at stage where you’ve missed out??? Or more aptly, if you’re relying on someone else’s DD / discussion, you’re already in more of a pump phase
Like I’ve isolated an industry and market / sector. How do I find a new or newer company that’s just started being traded on the market?
MMEX mines for gas and Biden out a stop on all new fracking lol
So people use screeners to isolate stocks to do DD on? Seems like they looks for factors like maybe 52 week low or, age or trading activity. Most new upcoming IPO’s all seem to be in the 10-20 dollar range if I’m going to the NASDAQ or NYSE Upcoming ipo lists.
By Kidjr Go To PostOut of interest kabro do you know what sharpe your running?You mean sharpe ratio?
For day trading I use level ii data plus volume to determine when I get out or in.
Finfiz. Best overall imo.
I've caught falling knives using screeners but it's been 50/50 for me not knowing the context.
I've caught falling knives using screeners but it's been 50/50 for me not knowing the context.
By Kabro Go To PostYou mean sharpe ratio?
For day trading I use level ii data plus volume to determine when I get out or in.
Yeah. I see.
oh, fender. this is where MMEX is heading as of Feb. 10.
MMEX Resources Corporation (MMEX) is making an explosive move up the charts in recent days after the Company announced it intends to develop solar energy to power multiple planned projects producing hydrogen and ultra-low sulfur fuels combined with carbon dioxide (CO2) capture in Texas.check twitter for chatter. i'll see how she coils up after this dip. i'll definitely get a small position tomorrow or tuesday.
By Kabro Go To Postoh, fender. this is where MMEX is heading as of Feb. 10.Looks good. Looking to squeeze in a couple more shares of BLSP on the dip, especially if it goes below .020
check twitter for chatter. i'll see how she coils up after this dip. i'll definitely get a small position tomorrow or tuesday.