Here is the BEST market advice you will ever receive on Twitter.
Systematically buy low internal expense index funds / Index ETFs every single month no matter price action or world news. Secure yourself for the future then with leftover money use it to actively trade and learn.
I’m a systematic buyer every month. Market up, down, or sideways I’m buying. Sure I hold market and economic views that effect my trade, but it doesn’t effect my investing.
@HofackerIvan@MurrayFullerton@Trader00X@GRDecter QQQ was back to the 2007 high after 1162 days which is a little over 3 year’s. Plus that is assuming you didn’t DCA any lower over those ~3 years.
@Trader00X@GRDecter For people who are actually investing and have a time horizon longer than 10 years who cares if it takes a decade? Meanwhile you are systematically buying every month for those 10 year’s DCA at low prices and you making tons of money on the rebound.
In 1929, the stock market crashed.
In 1987, the stock market crashed.
In 2008, the stock market crashed.
In 2020, the stock market crashed.
Since 1926, the stock market has returned an average 9-11% per year.
Translation = BTFD.
@GreekTrader777 The markets are not a zero sum game. Technically the upside potential is infinite therefor pulls backs do not create more “more room to the upside”
I was buying the market last month, last week, and I will be buying it today, next week, and next month. My outlook isn’t to make money today my outlook is to make a lot of money in the coming decades. Twitter going to be a bear frenzy today 😵💫
Here is the BEST market advice you will ever receive on Twitter.
Systematically buy low internal expense index funds / Index ETFs every single month no matter price action or world news. Secure yourself for the future then with leftover money use it to actively trade and learn.
The most important part of investing is not how much you can contribute to your account, it is not picking the hottest stock on the street, it is not timing the market, IT IS TIME IN THE MARKET. Let your account compound for 30,40,50 years and you will be amazed at what you have.
$AAPL and $QQQ both up ~10% since my tweet. More to come IMO. I see no reason to expect a reversal keep rising the wave and limit your timeline from 24/7 bearish posts for the last year
$GOLD $GC_F Daily: Looking good it broke out of resistance directly which is a good sign. Expecting small pullback then higher high then larger pullback before the next major leg higher. Wouldn't want to see anything lower than 1800 or more consolidation/weakness to come.
$HRL Weekly: I was hoping to get around to making a post about this name before the breakout of the blue flag but it beat me to it. I initiated a new long in this name last week and this will be a multi year hold for me. Once the black resistance goes we should be off higher!
@KelownaJamesin I am but I think bonds need to see a minor new low first. We will see but I feel stronger about new highs coming in metals then I do new low in bonds. I expect both to rally but maybe bonds need a lower low? we'll see
$CL_F $OIL Daily: Looks like my thoughts about oil still correcting were accurate so far. The red rising wedge has broken down and I think we continue lower in the coming days/weeks with a downside target around 57-59. From the 57-59 target I would then expect oil to run to new
$CL_F $OIL Daily Update - I still think its a decent chance that oil is correcting rather than breaking up higher directly. We are in the red wedge still and have not broken up or down from it. Pretty good chance this wedge breaks down and corrects further but I would not short!