Started only buying AI stocks, now I’m just selling on profits. Curious to know everyone else is trading for profit right now?
What stocks did you buy?
NVDA, AMD, AVGO, MRVL are the main ones
Don't ask me...but yolo into IBRX with the rest of the gang
This might be the one lol….
@netflix: I am long ibrx. PSS — the billionaire cofounder — likely won’t sell less than 20B. What’s your holding plan?
What does the 68 percent profitable mean ?
Means 68 percent of my trades were actually profitable lol. Got some losses in there..
i might send some short term META options 🚀 also how r u tracking that profitability?
Got that META bag too! I’m tracking everything on Roi. Tracks all of my trade stats across all my brokerages which is nice.
What’s this newbie brokerage you’re on? You think you’re so smart cause you’re beating the market over less than a year? Call me back when you’ve hit 10 years.
Not a brokerage actually. It’s an app that connects all of my brokerages into one. Of course it’s less than a year…. Because we’re only 5 months into the year 🤪
Obviously you’re a new grad and have been trading less than 5 years. You shouldn’t be “trading” at all. I’ll bet you 500k you cannot beat the S&P 500 over the next 10 years by actively trading. In case you’re not aware, Warren Buffet did a similar bet against professionals (hedge funds) who do this for a living. Only one fool was foolish enough to take him up on the bet. Guess who won? Warren Buffet. Go look up the story. It’s famous. You cannot beat the market long term. Every new grad thinks they can because they got a couple of short term wins. In the end you will blow your account and go back to sticking with the buy and hold index funds strategy.
You’re selling too early. Trends go on much longer than people expect. The initial internet boom went big from 1995 to 1999. This AI boom is only 18 mths old
Put it all on black next.
Serious Note : Don't get yourself carried away in short term profits. Investing is an ocean you are barely ankle deep rn. wishing good luck for ahead.
Are you taking short term capital gains
Not atm, using mark-to-market method
What is that?