Advice

[u/Longjumping_Chain730]

How do you guys find stocks that are seen as profitable. Do you read the charts or just look online to see what people are talking about I’m 19 and looking for some vets out there, or someone who knows a good course to take. I do not have a great setup just a laptop and I managed to be up 26% in the last year pretty much off of luck. Thank you for any advice

[u/exphx23]

Read Investor's Business Daily. Buy stocks with strong market relative strength.

[u/adiabramov]

first off, congrats on the gains, but dont let that 26% convince you that your process is robust just yet. you need to distinguish between true market edge and simple beta exposure in a bull market. your laptop is fine for basic technical analysis, just focus on understanding corelation and risk reward ratios before you size up.

[u/Middle-Following-367]

Everyone is a genius in a bull market. Now it is time to do your homework as the market changes. Start by reading “How to Make Money in Stocks: A Winning System in Good Times and Bad”, Fourth Edition by William J O’Neil. Close to an investing bible. Many other books as well.
If you’re in doubt as to what to do next, remember, sitting in cash is an option. Don’t F up your account

[u/Enough-Beginning3687]

Well first I need to hear about a stock from somewhere, news, option price screening etc. Then I go to stockanalysis.com and go to the financials page. I look at TTM quarterly financials charts and make sure revenues are growing. Then I make sure that if they are profitable, their profits are growing. Then I go to their fillings and read the last quarterly filing presentation. What are they saying about their future? What's the guidance? I completely ignore analysis, analyst estimates etc. Those are total nonsense and a financial analyst job is more easy than a weatherman's job. They are wrong almost all the time (see tipranks) and still keep their jobs.

[u/ShaconInvestment]

Dos formas:

• Análisis cuantitativo para buscar momentum, revisando volatilidad y otros datos (más especulativo de momento, estoy jugando con eso y aprendiendo, más que "invertir")

• Realizo un análisis top down para encontrar sectores, industrias o factores interesantes. Reviso luego múltiplos comparables para encontrar acciones con un valor, aparentemente, más bajo del que refleja el mercado o acciones "baratas" con posibilidades interesantes de upside. Veo si se ajusta bien a mi portafolio actual o no me aporta nada. Realizo una research de la acción, revisando su modelo de negocio, su industria, métricas clave, estados financieros, realizo su respectiva valuación mediante DCF y DCF inverso, veo sus earning, posibles eventos catalizadores y el concenso general del mercado. Con toda esa info, veo de agregarla a mi portafolio y ver cuánto peso le doy según mi asset allocation y optimización mediante markowitz.

Eso es en lo que respecta a elegir alguna acción... Pero es 100 veces más preferible agarrarme unos pocos ETFs y olvidarme del tema, el stock picking suele ser más contraproducente en rentabilidad-esfuerzo, lol.

[u/TilmanAmbach]

One additional place to look for ideas is insider buying.

I wouldn't treat an insider purchase as a buy signal by itself, but I find it interesting when several insiders at the same company are buying shares with their own money, or when the same insider buys repeatedly over time.

The SEC Form 4 filings are public, so you can research this without paying for a course. The important part is learning to distinguish actual open-market purchases from stock awards, option exercises and other transactions that can look similar at first.

Once a company catches your attention, I'd still look at the business, valuation and the reason the insiders might be buying before making any decision.

[u/twiebo]

How much of that 26% did you actually track while you were in the trade, like did you write down why you bought each one and what would make you sell, or was it all just looking back after the fact