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(Topic ID: 175889)

Stock Market Traders?


By kpg

3 years ago



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  • Latest reply 19 hours ago by marlboroman
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    #4238 4 months ago

    Just saw this post for the first time. Funny enough, back in March I decided to dip a toe into day trading because the market had (in my opinion) bottomed out, and there was a lot of potential upside. My goal was to try to make enough during the economic recovery period to pay for a new stern pro in full.

    Over the past 10 weeks my day trading has gone exceptionally well, and just this morning, I cleared the $10k milestone (almost 2 stern pros). My initial bets in Tesla, Netflix and Wayfair paid off huge as lockdown commenced. Now I am doing well with United Airlines and Apple.

    I know that I will end up loosing 35% in taxes next April since I’m holding these stocks for only 1-2 days at a time which is a bummer, but right now I’m feeling pretty good about how things are going.

    I don’t pretend to be an expert, and some of my bets got very lucky. For those of you on the sidelines I would consider getting in now or possibly waiting to see if the economy takes another downturn with so many Americans being unemployed. For those of you who have been investing for years I’d love to hear your recommendations and lessons learned. My house has room for 4 pins and I currently only have one (Stern Jurassic Park). My new goal is to make enough in investments to possibly add Stern’s new TMNT (Depending on upcoming gameplay streams) along with JJP’s Pirates and (fingers crossed) their upcoming GnR.

    Happy Flipping!

    Kevin

    1 week later
    #4289 4 months ago
    Quoted from jacksparrow0112:

    Just saw this post for the first time. Funny enough, back in March I decided to dip a toe into day trading because the market had (in my opinion) bottomed out, and there was a lot of potential upside. My goal was to try to make enough during the economic recovery period to pay for a new stern pro in full.
    Over the past 10 weeks my day trading has gone exceptionally well, and just this morning, I cleared the $10k milestone (almost 2 stern pros). My initial bets in Tesla, Netflix and Wayfair paid off huge as lockdown commenced. Now I am doing well with United Airlines and Apple.
    I know that I will end up loosing 35% in taxes next April since I’m holding these stocks for only 1-2 days at a time which is a bummer, but right now I’m feeling pretty good about how things are going.
    I don’t pretend to be an expert, and some of my bets got very lucky. For those of you on the sidelines I would consider getting in now or possibly waiting to see if the economy takes another downturn with so many Americans being unemployed. For those of you who have been investing for years I’d love to hear your recommendations and lessons learned. My house has room for 4 pins and I currently only have one (Stern Jurassic Park). My new goal is to make enough in investments to possibly add Stern’s new TMNT (Depending on upcoming gameplay streams) along with JJP’s Pirates and (fingers crossed) their upcoming GnR.
    Happy Flipping!
    Kevin

    Talk about beginner's luck!

    Last week Thursday I decided to take a big risk and put all of my COVID earnings to date plus the savings amount I started with into United Airlines. Over the past 3 days that stock has shot up 50%!!! As of a few minutes ago, my COVID earnings to date are roughly 4-5 Stern Pros. Hoping this economy continues to rally and we don't see a spike of COVID cases in the next few weeks. In the meantime I certainly feel like celebrating. Very happy I decided to take the plunge 3 months ago and get into day trading. I'm sure returns like this are unheard of during more standardized economic times.

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