Yeah I think im gonna hold on to it for awhile however im kinda regreting it. I should have put all my money into workhorse.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
MIST is on fire this morning. Should pop at the opening bell.
I hope somebody caught part of that run on MIST. It ran from 6.20 to 9.20 in under an hour.
@conspiracy_brotha
@sickwidit
NIO is gonna be a wild ride... I bought back in yesterday too and still have the option. Ima true believer..
@sickwidit
NIO is gonna be a wild ride... I bought back in yesterday too and still have the option. Ima true believer..
Option trading is not for beginners.
You can still learn how to trade options but beginners need stick to the simplest form of trading before moving to option trading.
STRONGLY agree with this. Most people in this thread just try to trade off news and know nothing about fundamentals or technical analysis. It's easy to maybe have a good month or so, but from skimming this thread.......most people who were posting regularly about how well they were doing have disappeared. My guess is they suffered some pretty big losses and moved on.
People talking about how they have made more money than they have at their regular gig......have largely disappeared and gone quiet.
Agree with both of ya'll. I'm def a beginner but I'm not doing anything wild. Starting with buying calls, 1 contract at a time at a premium I can afford to risk. And doing so with companies I know and understand.
I think words of caution from the more experienced members such as yourselves are just as valuable as the "hot tips" and success stories. So thanks and keep it coming.
Ditto... When gambling, "Never play with more than you can afford to lose"
..shiiit I can't anyway. The account that I use to trade is all basura basically. Its not my long term portfolio or retirement account or anything like that.
Yea this is where I am although some of these spread strategies can really help you manage risk even a bit better than just buying long calls or puts. But I'm starting small with just a cash account. Doing options on companies you really follow is already a jewel I learned the hard way.
I just got approved for spreads at my broker. Them dudes legit gave me a test over the phone. It was pretty cool. We went over strategies and they were asking what I would do in different situations, etc. Really helped my confidence that I knew what I was talking about. They have a trader line too and I can call in to run by how to apply different techniques and strategies.
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Heres’s some game on the PDT rule.
www.warriortrading.com
Pattern Day Trader Rule (PDT) Explained - Warrior Trading
Pattern Day Trader rule is a designation from the SEC that is given to traders who make four or more day trades in their account over a five-day period.
www.warriortrading.com
I made a rookie mistake today trading.
Made 2 day trades as I was really rocking it.
My broker caught it and send me a note, you made 2 day trades watch yourself.
So going to take it easy and do my usual overnight hold and swing trades.
Man I am going to have to put 25k in the account and day trade.
Got some cheap DIS and CARV shares along with CCL and NCLH.
Holding USB and BOA for dividends.
Also holding UONEK as their earnings will be reporting shortly.
Made 2 day trades as I was really rocking it.
My broker caught it and send me a note, you made 2 day trades watch yourself.
So going to take it easy and do my usual overnight hold and swing trades.
Man I am going to have to put 25k in the account and day trade.
Got some cheap DIS and CARV shares along with CCL and NCLH.
Holding USB and BOA for dividends.
Also holding UONEK as their earnings will be reporting shortly.
Great calls man for overnight.
Still eatin off ABUS. My PT is 10
i sold at $8.36......i was wishing it would have held that $9.
i may swing ASNA over the weekend.....unless of course it get over $1 today....
Know of any plays for next week? CHFS gave me 15% return
wait til after lunch and i'll have a better idea....
Understood
Keep your eye on MSFT. It dipped below $200 earlier today. If it does it again, grab any August call option contract with a strike price of $200 and wait for the payday.
If the price is below $202, You may want to consider a call option contract of $205 with a late August expiration.
You can pay this month's mortgage or rent this play.
If the price is below $202, You may want to consider a call option contract of $205 with a late August expiration.
You can pay this month's mortgage or rent this play.
CAPR going.....
AMD... The gift that keeps giving. Fuck around and pay off most of the house. INTC fucking up their fab process. Now, if only AMD could make a serious run at NVDA with their yet to be released gpu. All this even before PS5 and Xbox series x.
C'mon AMD... You can do it.
C'mon AMD... You can do it.
Props...Great call. Should've went in more than I did.
Good looking on the heads up on ASNA. I eat today
I'm wondering which is better to buy and hold from a growth standpoint going forward
a) How much more and NVDA possibly go up? What is the precedent?
b) Can AMD reach an NVDA type price point eventually? Even half that?
I'd love to see that. I've been an AMD user since the Phenom series.
*I dont see them catching NVDA though.
Same here with the Phenom. Yeah, I gotta agree. Would be nice. There's always competition on the cpu side. Right now Intel might falter but they could go fabless like AMD as well. Then you have ARM (who Nvidia/NVDA was looking to buy) being a cheaper way for companies to build chips in house (see AMZN and their cloud computing servers).
On the GPU, NVDA has a stranglehold, but AMD could make noise in the HEDT arena. But Nvidia is way ahead when it comes to artificial intelligence and deep learning. Then even INTC is throwing their hat into that GPU ring.
Won't mention all the Chinese chips and gpus that are being pushed.
I bought $10k Worth last week. Sold today, profited close to $3k
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