Summary of Reddit Comments on Finding Stocks

Trading Platforms

• ThinkorSwim (ToS):

  • Popular platform, "Most profitable traders use ToS" with good execution speed.
  • User seeking faster fills for micro scalping.

• IBKR:

  • Some limitations for micro-scalping per EU regulations.
  • May not be ideal for fast execution like ToS.
  • User started with a small account and made significant profits trading SPY options.

Trading Strategies and Analysis

• Technical vs. Fundamental Analysis:

  • Emphasis on watching price behavior and making trading decisions based on it.
  • Importance of focusing on pure price behavior without getting distracted by other factors like corporate guidance.

• Day Trading and Risk Management:

  • Importance of risk management for day trading, emphasizing the need for consistency.
  • References to tape reading training, L2 chart reading course, and using Discord for chart tracking.

• Scanners and Tape Reading:

  • Interest in setting scanner settings on ToS for better trading opportunities.
  • Discussion on reading the tape for making trading decisions.

Investing and Market Insights

• GME Stock:

  • GameStop's business transformation, debt repayment, and hiring top talent.
  • Links provided to analyses, FAQs, and key hires at GameStop.

• Market Expectations:

  • Discussion on market manipulation, short interest, and potential catalysts for stock movement.
  • Expectations for significant price movements and the importance of holding and being patient.

General Trading Tips

• Broker Choice and Direct Share Registration:
  • Emphasis on using brokers offering Direct Registration Services (DRS) for owning shares.
  • Recommendations to select reliable brokers facilitating direct share ownership.

Overall Sentiment and Community Engagement

• Community Support and Encouragement:
  • Support and encouragement for holding shares during price fluctuations.
  • Enthusiasm, positive sentiments, and readiness for market developments.

This comprehensive summary elucidates diverse perspectives on trading platforms, strategies, investment insights, and market dynamics shared across Reddit comments regarding finding stocks.