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originally posted in:Destiny Economic Forum
2/17/2016 6:49:37 AM
2
Stock Trading
Anybody here trade stocks? I live in California and have flexible work hours so I try to get up at 6:30 to trade until 9:30 when I leave for work. Have had some success. Thus far I am only trading indexes and commodities, via ETFs. I don't plan to pick stocks as that leaves you vulnerable to the performance of an individual company (and any downward surprises).
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I like your strategy, I'm also invested predominantly in indexes and commodities. Commodities exposure through ETFs is a great way to invest, I also have exposure to companies that are directly affected by commodity prices. Oil did well for me last year during the Yemen ordeal when it spiked upwards, after selling I've gotten back into it since its dipped into the low 30's high 20's. I'm confident the best way to ride out the current rut is with a blue chip oil company (they're so cheap right now) that pays a solid dividend. Bottom line commodities are easier to assess and forecast since they are much more bound to supply and demand (that's my humble opinion at least).
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I do not trade actively but as an economics student I do enjoy speculating for fun. I think short term trading is fine in the current market but I would not plan to hold in the market for the long game. I believe the bond market is your best bet there. Commodities is another beast entirely since the china slow down and Iran ramping up oil production has turned the whole field around.
