Originally posted by Man
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Originally posted by Man View PostWorkhorse or Nikola for EV?
Workhorse has run a lot lately and really needs the usps contract to do much more. While I find it likely they at least get a portion and jump in share price, if they don’t its a hard drop.
Research Lordstown if you’re interested in a up and coming EV. I will personally be adding here this week but doesn’t mean it’s for everyone
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Originally posted by Jzoch View PostOkay, I'm completely new to the stock market game. Can y'all give me some of your personal opinions/advice, please?
1) What platform is best to buy stocks?
2) What stocks would be good to buy long-term/short-term?
3) What's the one most useful lesson you've learned in your time buying/selling stocks?
TIA
Jared
To me Robinhood is the easiest, then webull, and then Td Ameritrade.
I started buying things I truly believed in that would bounce back once covid is over. Casinos, airlines, some oil and gas stocks, ect ect. If I would have just left them I would have made a LOT. I started panic selling though when I first started and that kinda kicked my butt. Remember you dont lose money until you sell.
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Originally posted by CB_TxNole View PostHey man,
To me Robinhood is the easiest, then webull, and then Td Ameritrade.
I started buying things I truly believed in that would bounce back once covid is over. Casinos, airlines, some oil and gas stocks, ect ect. If I would have just left them I would have made a LOT. I started panic selling though when I first started and that kinda kicked my butt. Remember you dont lose money until you sell.
I like these as part of my longer term portion of an account. There are many solid and profitable companies out there that have yet to return to even 50% of their Pre-Covid 3-5year averages. Lots in the Oil/Gas sector that I like with nice dividends to boot!
GEL - Genesis Energy, L.P.
PAA - Plains All American Pipeline, L.P
NS - NuStar Energy L.P.
Sent from my iPhone using Tapatalk
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Originally posted by J_Foster View PostI like these as part of my longer term portion of an account. There are many solid and profitable companies out there that have yet to return to even 50% of their Pre-Covid 3-5year averages. Lots in the Oil/Gas sector that I like with nice dividends to boot!
GEL - Genesis Energy, L.P.
PAA - Plains All American Pipeline, L.P
NS - NuStar Energy L.P.
Sent from my iPhone using Tapatalk
Thats what I did, I looked at 3-5 year averages. Bought things that I had a chance to make 3-6X's on.. I sold most of these when things fell again Mid June. I swear I made "a fly on the wall" a millionaire this year if he listened. Haha I was just too scared to buy into the stocks I talked about. (Penn, Chef, Nio, Plug Power (although I did buy in with my retirment) ect.)
For the longest time I bought and held, then one day I panic sold and its been an issue since lol.
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I learned several similar lessons last year. Getting out early, not paying enough attention to maximize my profits, and missing opportunities. I was negligent, having never taken the time to try and learn the mechanics of the stock market. I guess it's what I should've expected, LOL.
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I’ve been guilty of selling early and too late. I need to actually look at placing trailing stop losses in or checking my fun money investments daily more often. I have had multiple times where a company has bounced right to my target gains and I have failed to sell and take my earnings (greed) and then it rebounds and sometimes never returns to those levels for months or years. I agree with others though as some stocks I was looking at the 3-5yr pre Covid averages to see potential of what they could bounce back to if they do.
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Originally posted by J_Foster View PostI like these as part of my longer term portion of an account. There are many solid and profitable companies out there that have yet to return to even 50% of their Pre-Covid 3-5year averages. Lots in the Oil/Gas sector that I like with nice dividends to boot!
GEL - Genesis Energy, L.P.
PAA - Plains All American Pipeline, L.P
NS - NuStar Energy L.P.
Sent from my iPhone using Tapatalk
And yes this has been my strategy also. Has paid off well. Just takes patience
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