Any stock pros out there?

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stevel96a1
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Any stock pros out there?

Post by stevel96a1 »

im reading about investing a 1k$ into this and that and return is 30 grand
ofcourse you read about the guys who invest 1k$and pull back a cool mil
heck any number would make me happy any feed back about investing would be nice to hear

i guess im tired losing a casino past 4months and no wstore from windcreek bethlehem sucks so gonna try my hand at stock market books at amazon

billryan
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Post by billryan »

I'm sure there are a number of experienced stock investors here. It's not that hard to turn $1,000 into $30,000 over time, but I suspect you want to do it in a year or less. My only suggestion is to run away from anyone who claims they can do it.

Eduardo
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Post by Eduardo »

I hope you are joking. Listen to BR. If someone is promising you they can turn $1K into 30K over any short period of time, keep your money in your pocket.

Investing is a long term play. Your potential reward will usually line up with your risk tolerance.

Someone may very well be able to point to a lucky stock pick that did well for them.

Odds are if they keep it up, they will perform worse than an index fund.

Not saying you shouldn't invest. But you are on the wrong track if you are looking for 3000% returns.

You can look at plenty of people who have gotten rich in the stock market, some in a very short time. What you may not see as easily is the many who have tried and failed. The key to getting huge returns would be investing prior to the large gains (like placing a large bet just before hitting a royal flush). Good luck with that.

There are lots of good investments. I just get the feeling you are after something else. If there were a way to reliably get 3000% returns, everyone would do it.

onemoretry
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Post by onemoretry »

stevel96a1 wrote:
Thu Apr 15, 2021 7:51 pm
i guess im tired losing a casino past 4months and no wstore from windcreek bethlehem sucks so gonna try my hand at stock market books at amazon
It wasn't that long ago that you were bragging about how well you were doing despite playing inferior pay tables. Welcome to reality!

billryan
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Post by billryan »

As an example, I did really well with Tesla. Bought it the first day for around $15, sold a bunch when it doubled, then a bunch more when it hit $50. Sold the last of it in the low 100s. I then noticed a pattern where it would sink to about 180-190, and rebound to $225. I was buying a hundred shares at a time and doing fine. Then it broke it's pattern and went from the low 200s well north of one thousand. I completely missed that. My usual 100 shares could have been worth $250,000 had I held them. Only I didn't. Meanwhile, I'd talked my sister into dipping her toe in it and she had bought ten shares when it was last in the 180s and held it for the whole ride.

stevel96a1
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Post by stevel96a1 »

onemoretry wrote:
Fri Apr 16, 2021 10:30 am
stevel96a1 wrote:
Thu Apr 15, 2021 7:51 pm
i guess im tired losing a casino past 4months and no wstore from windcreek bethlehem sucks so gonna try my hand at stock market books at amazon
It wasn't that long ago that you were bragging about how well you were doing despite playing inferior pay tables. Welcome to reality!
yea that was before covid wasnt it? before they took away the wstore, they tampered w/ the offers

stevel96a1
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Post by stevel96a1 »

Eduardo wrote:
Fri Apr 16, 2021 8:36 am
I hope you are joking. Listen to BR. If someone is promising you they can turn $1K into 30K over any short period of time, keep your money in your pocket.

Investing is a long term play. Your potential reward will usually line up with your risk tolerance.

Someone may very well be able to point to a lucky stock pick that did well for them.

Odds are if they keep it up, they will perform worse than an index fund.

Not saying you shouldn't invest. But you are on the wrong track if you are looking for 3000% returns.

You can look at plenty of people who have gotten rich in the stock market, some in a very short time. What you may not see as easily is the many who have tried and failed. The key to getting huge returns would be investing prior to the large gains (like placing a large bet just before hitting a royal flush). Good luck with that.

There are lots of good investments. I just get the feeling you are after something else. If there were a way to reliably get 3000% returns, everyone would do it.
i feel like everyone is doing it especially when you read about it on the net, my wife trips (tripled) her buy in w/ 1 stock, and as far as losing 1k$ in a casino thats nothing new

stevel96a1
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Joined: Sun May 07, 2017 5:52 am

Post by stevel96a1 »

there was once a time you could go down to windcreek bethlehem lose250$ and you get 1/2 of it back via their store or wstore they removed the option of purchasing free play to download on to their card, from october to janaury they had option to purchase free play 20$ a day w/o risking a dime they removed it late december not onyl that they down graded their 97.07 dw to 94.81 and 8/5 jacks to 6/5 lol and completely removed 98.92 dw game im suprised im allowed to use my fp on poker machines and only restricted to slots LOL! and my last 5 trips store didnt open now i believe poker machines have no affect on getting their wstore to open up to purchase fp i guess too many abused the system.

Eduardo
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Post by Eduardo »

Yeah, the past year has been a good one to make money in the stock market. But as in other subjects, it sounds like you have unreasonable expectations. The markets are at record highs and there are plenty of opportunities to lose a great deal of money. The overall markets may continue to rise, or they may fall considerably. That's why short term and narrowly targeted investing is risky.

Whatever... best of luck to you. Buy low, sell high.

If you know what the next Tesla/Apple is going to be while the stock is still low, please let us all know.

stevel96a1
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Post by stevel96a1 »

Eduardo wrote:
Fri Apr 16, 2021 12:35 pm
Yeah, the past year has been a good one to make money in the stock market. But as in other subjects, it sounds like you have unreasonable expectations. The markets are at record highs and there are plenty of opportunities to lose a great deal of money. The overall markets may continue to rise, or they may fall considerably. That's why short term and narrowly targeted investing is risky.

Whatever... best of luck to you. Buy low, sell high.

If you know what the next Tesla/Apple is going to be while the stock is still low, please let us all know.
everybody is buying Tesla thats a no brainer, and everyone knows the most expensive stocks most cant afford is the ones you need to buy ofcourse if the little guy cant get it then its a good deal!

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