Originally Posted by
J Fish
Sorry for the hijack but I’d like to pick the brains of you regular investors. Yes, I’ve heard not to ask investing advice from pilots but screw it. We know everything, right?
I’m new to investing and am currently playing with a few thousand of fun money until I get some experience. I’m looking for good stocks that I can buy and sell a month or so later (on average) with a decent return. I guess those would be ones with a fairly regular up & down cycle. I’d also like some advice on some good dividend stocks.
The ones I’m currently playing with are TSLA, MA, NVDA, AMD, AMZN, & ZM. I also dabble a bit in BTC.
Also, I’m currently using the cash app for my trading as fees are very low (except BTC) and I can do stocks and BTC on one platform. Are there other options I should look into?
No pain, no gain. Day Trading requires a lot of study, practice and patience. I spend most of 2020 trying to get into it, and it was successful when I gave it time.
You're much better off following the advice above and parking your spare cash in an ETF.
Otherwise be like Buffett and pick a couple dozen solid companies that you know will be there in 50 years. I bought F (Ford) on August 4th, 2020 for $6.75 and today it's trading at $21.56. That's a 220% gain.