Submitted by ConsiderationOne5943 t3_zr8y74 in wallstreetbets
Elderberry420 t1_j14i84x wrote
Is this option trading?
ConsiderationOne5943 OP t1_j14xx3j wrote
No it isn't! Haven't tried it so I'm not comfortable with it!
Elderberry420 t1_j14ygaf wrote
In that case, holy shit. Those are incredible gains. My next question is how?
ConsiderationOne5943 OP t1_j14z0yy wrote
Thanks mate! Patience, really. If you zoom out and wait out the storm long enough, you really need to have bad luck to get a loss. Time in the market, not time the market!
Also, watching stocks that have crashed and buy these very low and sit out for like a year really helps!🙏
Elderberry420 t1_j150mki wrote
Thank you. I’ll try a new approach. I’m always after these penny stocks/low priced stocks but I’m no millionaire. Yet.
ConsiderationOne5943 OP t1_j151xv1 wrote
You'll get there! But don't be fooled by penny stocks, zoom out on daily/weekly chart and do your analysis to understand why a drop occurred to assess buying opportunities!
Elderberry420 t1_j15436i wrote
I’ll try my best. Good job on being in the green
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