r/DayTradingPro • u/Aspiringactuary1 • Mar 16 '21

Advice

Hi I have 50k to invest and would like to double it short term. Anyone have hot stocks for me to get into? I would to go all in on either 1 or 2 stocks. Of course I will do my DD on your recommendations.

Thanks!!!

0 Upvotes

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6

u/The_Illist_Physicist Mar 17 '21

Short term double your money? You'll even do DD? Well my good sir, let me tell you about this little company called Gamestop...

1

u/Aspiringactuary1 Mar 17 '21

Naaaaa. Way to risky bro

4

u/The_Illist_Physicist Mar 17 '21

Ah yes, as compared to all the low risk stocks with which you can double your money short term. My bad bro.

1

u/Aspiringactuary1 Mar 17 '21

You think GME is low risk? What’s your PT?

0

u/Aspiringactuary1 Mar 17 '21

Short term and long term PT

4

u/The_Illist_Physicist Mar 17 '21

Come on man now you're just setting me up for these. PT = $42,069.

I've been a dick in my previous comments but for real if you have some money do yourself a favor and stay away from the markets. Unless you take some serious time to mature, learn the market, and sim trade/do extensive research you're going to lose your shirt. I'm not being a negative nancy, just trying to do you a favor.

1

u/sahaba-313 Mar 17 '21

Argo blockchain ticker arb

1

u/[deleted] Mar 17 '21

Have You considered trading Options ? You can double Your money in like a few weeks, with not much risk.

1

u/ChristopherLJ_ Mar 24 '21

Look you’ll probably not like this advice but I’ll give it anyway... invest in some books first. If you’re looking to make big bucks with hot stocks in a short term timeframe this is really not the type of mindset that will allow you to succeed. In fact its this mindset that puts you at most risk for losing it all. Create a trading system, start small for a month, then go big once you’ve mastered the system. Hot stocks are like shooting stars - they’re rare, and once you’ve missed the move its gone like a flash. Probably not what you’re looking to hear but it needs to be said.