Any stock traders here?

[Higher Tech]

This is the usual case with investors that are just beginning. They earn a little money and get greedy and think it's easy to earn money in the stock market. The stock market's job is to take your money, it is controlled by these billion dollar bots that calculates every scenario within a millionth of a second. They will take your money. Not to mention all the other crap the market is controlled by.

I think slow is the way to go, and patience is key. Having stop losses is key, and also not being too greedy. I was learning for a few years before I started investing on my own, but I worked at an IB. As long as you know your limits, then you should be good.

I was heavy into trading options, sometimes earning over 10k a day and losing just as much. Now that I'm engaged I can't be doing all that.

What do you mean about having stop losses?

I thought about doing futures, but I found out you have to have some pretty serious capital to do that. Same with options. I keep my stock money seperate from my savings, 401k, and bill money, so if it ever grows enough, I'll dabble with options.

 

[Higher Tech]

how do you all feel about defense stocks??

I have four (van etf, one prec metals, and another) ... one is defense; Raytheon

sharebuilder. I invest then kinda forget about it for a while then check back on them. Idk if that's a good strategy but it works ok.

I've never looked into them. With the climate of the world today it might not be a bad idea.