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RE: 2018 Q1 Net Worth Report

in #money7 years ago

Nice numbers. My girlfriend's sister looks down on me because she has a big ass house, a bunch of cars, and three horses that don't do shit but sit around and eat money. I'm like, "Uh, I'm actually doing pretty good and I don't owe a penny to anyone and my only major expense is cigarettes; meanwhile your ass is in debt up to your eyeballs."

I just started investing recently with Robinhood and TD Ameritrade. I've had a few lucky breaks that made up for my amateur fuckups. I jumped into penny stocks hoping to get rich quick, where the fuckups happened and I'm about to get into swing trading ETF's. Got any snippits of wisdom you could drop without taking up too much of your time.

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Hmm, I'm more of a buy and holder. I hold for at least a few months, if not years.

But the best indicator of short term direction is to look at a chart of the moving average and stochastic lines. When the moving average crosses below the stochastic it almost always will lead to a share price decline, and vice-versa.