I started watching stock tv channels today.
They've successfully convinced me that Activision, Macys, Sony, and Smith&Wesson are good to get into.
How can I tell if these are good stocks to get into?
If you have and friends that work for one of the companies, you should try asking them for some questions regarding moves that said company will make in the future.
Only suckers watch stock tv channels, all the pros make their move long before any information gets released to the common plebs
Don't be a sucker anon.
There's no way to "know" all you can do is control your risk.
there are two extremes. here. Warren Buffett went and met with leadership personally of his first major investments. There were many companies that he crossed off his list b/c the people sucked. Then he went Balls deep and put 70% of his money in Ben Graham's company.
He knew his Metrics and he knew the people and made the most educated bet possible on the best people with the best metrics.
if that's beyond you right now
learn tastytrade's methods.
Movements are 99% random events, 50/50 shots. So take many high probability small bets and manage your risk at order entry.
Warren Buffett is a high level strategist, while the Tasty trade guys espouse high level execution.
A few points, Warren Buffett uses high level execution when he invests. The Tastytrade guys, say that not everyone is the king, but with good execution you can get 10/10 bets wrong and still make money 7/10 times.