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TheRarePondDolphin t1_j25w20k wrote

Delete the app

38

dalmathus t1_j25wlyq wrote

This ain't it chief.

I highly recommend never learning what an option is.

13

Strange-Fix-1498 t1_j25w7eb wrote

Daytrade instead of investing. Or just put money into the SPY and let it chill for 10 years.

5

GetBetterPP OP t1_j25werl wrote

SPY? ETF trust??

3

Strange-Fix-1498 t1_j25wkz7 wrote

Yes

2

rylar t1_j25x1wx wrote

Put 80% into SPY and never touch. Leave 20% on the side for gambling.

3

FATPEPPAPIGGAMER420 t1_j25xpf6 wrote

Not a bad idea actually, me personally my porfolio is 70% cash right now, 25% energy, semiconductors, and china stocks, and 5% yolo monies

2

[deleted] t1_j25w8za wrote

[deleted]

4

GetBetterPP OP t1_j25woti wrote

Neither. I don’t want to gamble, as have high tendency to get addicted. So for sure no gambling.

Day trading or simply would like to watch my money grow rather than keeping it rotting in the bank account.

−3

Reefer150G t1_j25wzie wrote

Boy did you come to the wrong place for addictive gambling.

10

0x11C3P t1_j25x5i9 wrote

Go to r/investing.

All we do here is gamble and lose money.

7

FATPEPPAPIGGAMER420 t1_j25xdqm wrote

Your money in the bank is decreasing in value by less than 10% a year, if you invest or trade stocks you are 90% likely to lose much more than that, just buy $SPY long-term to minimize that risk

2

YOLOResearcher t1_j25x254 wrote

Leave wsb and never look back. The best advice I could give anyone

4

daambl t1_j25x6me wrote

Calls on SNAP Jan 20. Thank me soon.

3

FATPEPPAPIGGAMER420 t1_j25wp8i wrote

Literally just buy $SPY and hold it for 10 years, never bet against America, and if you want to, then just invest in China via $FXI, there market is oversold and may be a more profitable bet, don't use options, don't buy individual stocks, if you do, there is a 90% chance you are fucked. Remember INVESTING is long-term, TRADING is short-term, if you want to be a trader then you can send me your money in advance, I'll gamble it away for you!

2

FATPEPPAPIGGAMER420 t1_j25wty6 wrote

obviously you can buy individual stocks, but your chances of getting fucked are higher than ever in these current market conditions imo

2

VisualMod t1_j25vybz wrote

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1

digitalpalmtrees t1_j25whaz wrote

Well you came to the right place! Key terms I’ve learned are 0TD options and you have to be in deep negatives if you don’t have a printer.

1

nateccs t1_j25xdhg wrote

Go for TDA - RH is trash. Youtube is your friend to start with learning investing and trading.

1

stockchaser317 t1_j25xjde wrote

70% SCHD and 20% BST and 10% JEPI. Let it ride and drip for the next 20 years

1

VenomInfusion t1_j25xssm wrote

U r about to make the worst or best decision in your life by deciding to play at the casino. Only advice I can give u is: don’t play if u can’t handle the stress of losing money. U have a steady job, focus on that. If I could go back I’d never invest my money just to see it evaporate. It’s not for everyone and I am one of those people.

1

pineapple3210 t1_j25y4eg wrote

Honestly SPY and QQQ calls and puts would be the only thing I trade. Too much uncertainty for individual stocks until earnings and market is pretty much moving in unison off macro. Learn about options and then learn how market reacts to news (I.e., FED, housing, job data). Learn also about what price action is and maybe paper trade first. Once you are ready, I would try to play close to the money options with a couple to a few weeks for. I’m a degenerate gambler though so what do I know

1

Apollo2021 t1_j25y9gy wrote

Just buy weeklies or 0dte options for FD’s and you will be golden.

1

colino11 t1_j25yc66 wrote

Rean 5 books a year and then start in 10 years

1

Gangmbrtheta t1_j25ycco wrote

Best advice around, leave this sub keep working your job.

1

DvisionX t1_j25yeun wrote

You said "investment", but your in a """""gambling""""" subreddit

1

NoStart7231 t1_j25yx6z wrote

Well the first thing you should do is trade options on penny stocks

1

bjenks2011 t1_j25z7k4 wrote

The amount of money you lose on robinhood by getting rekt on order flow will far exceed whatever commissions you have to pay on Fidelity, TDA, etc.

Delete Robinhood asap.

These two points are what WSB gets right. Inverse everything else you see on here.

1

lagle123 t1_j25zxj2 wrote

Was this money earned near or behind a dumpster?

1

NyackAP t1_j260s9v wrote

Practice on a stock simulator... it will save you a shit ton of money. Most new investors think it is all easy, you pick a stock and you make money... Most likely though you will pick a stock and lose money. Play for a while before you commit yourself.

1

smallfeetpetss t1_j262wd7 wrote

If you have a steady job, then you should go all in 0DTE. You can always fall back to your job at Wendy. If you don’t have a steady job, you have nothing to lose so all in 0DTE.

TLDR: 0DTE it is!

1