AMA about investments, stocks etc pt4

[milkjar]

title

 

[MoggerJaw]

Pity reply

 

[MoggerJaw]

Is day trading worth it? What’s the difference between day trading and swing trading I wanted to do something

 

[MoggerJaw]

Also is investing in blue chips a safe bet

 

[Toggle]

Is trading stressful?

 

[milkjar]

Is day trading worth it? What’s the difference between day trading and swing trading I wanted to do something

day trading definitely worth it, but you need to have a good bit of money to start with

with day trading you open and close trades within the same day and you profit from more short term stuff

swing you hold for much longer and profit from medium term trends

 

[MoggerJaw]

day trading definitely worth it, but you need to have a good bit of money to start with

with day trading you open and close trades within the same day and you profit from more short term stuff

swing you hold for much longer and profit from medium term trends

How much work do you need to put in before you can begin? Like does it come very slowly with experience I’d imagine

 

[milkjar]

Also is investing in blue chips a safe bet

depends, index funds are better

 

[milkjar]

Is trading stressful?

probably depends on person to person

 

[milkjar]

How much work do you need to put in before you can begin? Like does it come very slowly with experience I’d imagine

day trading is basically a full time job and you will have to give it constant attention, it's not something you can do if you have to study or work along side it

 

[MoggerJaw]

day trading is basically a full time job and you will have to give it constant attention, it's not something you can do if you have to study or work along side it

That’s disheartening. I wanted to do it besides me studying

 

[milkjar]

That’s disheartening. I wanted to do it besides me studying

the only way I could see it working out, is if you have full online classes and a remote/online job

 

[MoggerJaw]

the only way I could see it working out, is if you have full online classes and a remote/online job

Med school

 

[milkjar]

Med school

bro med school is one of the most intensive study fields, yea you definitely can't juggle that and day trading, I'd say just do some normal investing, but you don't gotta be a day trader

 

[MoggerJaw]

bro med school is one of the most intensive study fields, yea you definitely can't juggle that and day trading, I'd say just do some normal investing, but you don't gotta be a day trader

Normal investing as in?

 

[milkjar]

Normal investing as in?

putting your money in stable stocks and index funds instead of leaving it where it constantly loses value

 

[MoggerJaw]

putting your money in stable stocks and index funds instead of leaving it where it constantly loses value

That’s what I mostly had in mind. Thanks

 

[vespertine]

do you goon to candlestick charts?

 

[milkjar]

do you goon to candlestick charts?

 

[Harold O'Brien]

What are your credentials? Why should we listen to anything you say on this topic?

 

[milkjar]

What are your credentials? Why should we listen to anything you say on this topic?

been looking at the market for few years and made successful predictions before

 

[Harold O'Brien]

been looking at the market for few years and made successful predictions before

>I'm about as qualified as some r****d off the street who occasionally looks at charts and believes in TA

 

[milkjar]

>I'm about as qualified as some r****d off the street who occasionally looks at charts and believes in TA

"i'm smart and you are not" ahh argument

 

[BlendedBulge]

Which ETF to buy if I have free 100k$

 

[Harold O'Brien]

"i'm smart and you are not" ahh argument

Yes