BBRG Reddit Mentions | ChartExchange

ALL - 3 things:
1. I do not get paid to pee in your Cheerios, rain on your parade, etc. and I'm not a d\*ck;
2. Please take my advice - I am more than qualified to give it.
3. STOP DAY TRADING UNLESS YOU LIKE TO BE POOR. I am a former sell-side institutional bond and equities trader (Series 7, 63, 65, 55, 24) at a top 3 firm and also went to Harvard Business School and ran both a hedge fund and a private equity fund.
With that background/education and 2 decades of training, ***if I wanted to be poor, the very first thing I would do is to do what you are all doing or contemplating***. PLEASE do yourself a favor and index the vast majority of your money (in something more aggressive if you have the tolerance profile) and DO NOT waste your time/mental bandwidth & hard earned money in the pursuit of understanding how and why, where and when other investors and companies with resources that are almost certainly well in excess of any amount you have or the size of your portfolio. People on the internet talking about options strategies, building models, scouring research, charting, following momentum are all frigging sheep. Just like a casino, the house always wins. Sure, you will have good days and luck does favor the brave but statistics are the ONLY thing that matters. And I hate to break it to you ladies and gentlemen, the percentage of guys/gals with portfolios that are larger than where they started after taking advice from here and day trading every day for 2 years is probably not more than 5-10%, most don't make it very long.
If you are actually a player with real money (not fifty grand from a legal settlement), get a Bloomberg terminal and just start messaging real players (you know they're legit b/c they're on BBRG and you see the firm and individual name/desk when you search for recipients. You'd be pleasantly surprised at how receptive the community actually is - not everything is like the show Billions....
If you're younger and looking for alpha, just remind yourself of the compounding factor. You will wake up one day and be blown away by how much your portfolio has grown - and all you need to do is to index (I did extremely well with just a blend of middle market russell 3000, q's, etc with 80% of my money and tactical manager-focused plays. These days, if I was starting investing again in my early 20's/30's, I'd just make sure that I have a lot of exposure to energy, tech, ai and a few metal plays. Eat ramen, buy quality equities. Do not eat Kobe beef and invest in garbage plays because somebody else was dumb enough to do so.
Then grow your money to the point where you are worth talking to so you can get real IPO access and private equity returns. All of the big money is in private equity folks, not flipping crappy meme stocks and wasting your life in front of screens like a coked-up gambler.

All of the above advice has served me rather well.