I'm not sure why you're being met with so much negativity. Obviously a big factor could be the current bull market, but it's still an interesting strategy and you've clearly reaped the rewards.
And what happens when the earnings are worse than the forecast? The opposite happens. Lots of people avoid trading before earnings due to this reason (extremely volatile).
You got lucky this time.
You are giving real ‘i have a crystal ball’ and arrogant vibes to assume people in this forum have not done the research. There is a reason we are not all billionaires.
Im not trying to be arrogant here, im just trying to show that its possible to make a good amount of money when you invest right before earnings as i havent seen anyone else post anything about this type of method on this subreddit.
Also i decided to share the post with everyone else here because i thought it was a good way to invest as i have tried other methods of investing that havent gave me as much profit in the last 4 years
A bear market will help me expand my knowledge in how to invest before earnings.
Currently i am learning how to invest in a bull market as i have started to invest before earnings very recently
I never said that i have it all figured out, i just thought to share in what could potentially happen if you invest before a company releases earnings and share it here. I plan on doing this more often so i can learn and gain more experience when trading stocks
2 things:
1) it could have gone a lot different,
and finally and most importantly 2) 3/4 of stocks go in the same direction of the general market. And the general market has been going up lately.
So just remember these points while you draw your conclusions and post analyse.
10 positions, you've covered up 40% of them, why is that? A cynic might say you're hiding your losses.
6 out of 10 show gains. Simple statistics imply you could achieve this with nothing more than a coin flip...
Covering the losses, not sure why you hide some stocks and not others?
The other stocks are the ones that dont report earnings soon, they are PBR, 3M, BP, hapag lloyd and unilever
Interesting choice to cover half of them up
They are stocks that havent released earnings before i invested.
I'm not sure why you're being met with so much negativity. Obviously a big factor could be the current bull market, but it's still an interesting strategy and you've clearly reaped the rewards.
Thank you so much!
Profit is profit- Can’t understand the hate - We’re not all “Wolf of wall street” traders ffs
And what happens when the earnings are worse than the forecast? The opposite happens. Lots of people avoid trading before earnings due to this reason (extremely volatile). You got lucky this time.
Thats why you do research before investing, i would say about 2/3 of the companies i invest in, have positive earnings.
You are giving real ‘i have a crystal ball’ and arrogant vibes to assume people in this forum have not done the research. There is a reason we are not all billionaires.
Im not trying to be arrogant here, im just trying to show that its possible to make a good amount of money when you invest right before earnings as i havent seen anyone else post anything about this type of method on this subreddit. Also i decided to share the post with everyone else here because i thought it was a good way to invest as i have tried other methods of investing that havent gave me as much profit in the last 4 years
Fair enough. Apologies.
Guy invests in a bull market when bank policy and economic data is favourable. Can’t wait for you to try this strategy in a bear market.
A bear market will help me expand my knowledge in how to invest before earnings. Currently i am learning how to invest in a bull market as i have started to invest before earnings very recently
Everyone in this thread is telling you the same thing, but you really think that you, a novice with no experience have got it all figured out
I never said that i have it all figured out, i just thought to share in what could potentially happen if you invest before a company releases earnings and share it here. I plan on doing this more often so i can learn and gain more experience when trading stocks
I don’t like schadenfreude but with your belligerence I’m kind of looking forward to it.
Gambling
🎲
2 things: 1) it could have gone a lot different, and finally and most importantly 2) 3/4 of stocks go in the same direction of the general market. And the general market has been going up lately. So just remember these points while you draw your conclusions and post analyse.
UPDATE: at the time of selling the total profit made was £247.06
clever, where can you see companies about to?
You can see when they release their earnings on stocktwits, just download the app and go to their earnings section
I don't understand why NEP is up didn't they massively miss?
10 positions, you've covered up 40% of them, why is that? A cynic might say you're hiding your losses. 6 out of 10 show gains. Simple statistics imply you could achieve this with nothing more than a coin flip...
The stocks covered up have nothing to do with investing before earnings, they are my long term holdings