Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .
CHFS will be a great swing as well. Get in now while its cheap. ($0.56)
bought in for 500 shares near the end of closing.
Peace bruh I just took your advice and bought 130 shares, what’s the potential or what should I set the sell limit price for?
 
I did a paper trade for $205 and another for $230 with Aug 14th expiration. Looking forward to seeing how this goes. Learn by doing :thumbsup:
I did the same. In the meantime took an L on that NIO drop. Should have sold and re-entered earlier when I had the chance. Good learning experience. Took a loss and re-entered with a better position. Also bought 2/3 of a Netflix share. Ballin with the big boys, :money::roflmao: but I’m in there for the earnings over reaction correction
 
I did the same. In the meantime took an L on that NIO drop. Should have sold and re-entered earlier when I had the chance. Good learning experience. Took a loss and re-entered with a better position. Also bought 2/3 of a Netflix share. Ballin with the big boys, :money::roflmao: but I’m in there for the earnings over reaction correction

I'm thinking about getting real reckless with this paper account :lol: ...but before I get ahead of myself: this is all for entertainment purposes only, right?
 
What are y'all looking at for a long term investment?
Long term I use low cost index funds. Take your pick of any of the Vanguard, Fidelity, etc with the lowest fees. I prefer Vanguard.

..what he said. I'm tryna build a small position in Exxon (or oil in general) while its down...you can pick a few travel related jurnts (airlines, hotels, etc) while they're down...look at some bank stocks. Lots of good companies are on sale.... Start brainstorming with ones you already use on the daily and believe in and research...oh and that pay dividends. Walmart, Citi, CapitalOne, Ally, Pepsi or Coke.. AMD, Nvidia, other tech.

You can look at some ETFs like VOO, VTI, VXUS...they cover the SP 500/ Total US Market /Total International Market, respectively. This is an easy way to get quick, broad exposure to loads of companies while you decide if and when you want to get into specific stocks.

Also SKYY for cloud computing/ Tech..

I use this website to research and save my watchlists: https://seekingalpha.com/
 
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Any of you hear about a possible market crash next week? Worth it to sell off now and pick up next week after rebound.
 
RMBL was the biggest surprise. i wasnt alerted til late. closed at $10 on yesterday and damn near tested $40 today before hitting a dip.
COHN took off later in the day when i was driving home. i missed out on a lot of action today.
missed out on $JE too. i would have definitely bought 3,000 shares of that at around a grand, and sell at opening bell on Monday. shit.
 


4:47 - Basic Call Option Example (With a House)
10:13 - TSLA Call Option Example
15:43 - Do You Have to Exercise an Option to Make a Profit?

I recommend checking the complete video and then start practicing with a paper account opening and closing option positions
The latter was very confusing for me since it differs per trading platform

Thanks again for this link. This dude’s channel has the most thorough and easiest to understand set of videos on options that I have found. He uses a lot of examples and goes step by step which makes it way easier to follow.
 
Thanks again for this link. This dude’s channel has the most thorough and easiest to understand set of videos on options that I have found. He uses a lot of examples and goes step by step which makes it way easier to follow.

I've been bouncing around soaking up info, but will make this one a priority based on your recommendation..
 

@sickwidit
@Tito_Jackson
Here's an article about Con Ed that outlines some options strategies in advance of their ex dividend date. I'm already building a position long term, but learning about other possible plays for these dividend stocks that I follow is hella interesting.
 
..what he said. I'm tryna build a small position in Exxon (or oil in general) while its down...you can pick a few travel related jurnts (airlines, hotels, etc) while their down...look at some bank stocks. Lots of good companies are on sale.... Start brainstorming with ones you already use on the daily and believe in and research...oh and that pay dividends. Walmart, Citi, CapitalOne, Ally, Pepsi or Coke.. AMD, Nvidia, other tech.

You can look at some ETFs like VOO, VTI, VXUS...they cover the SP 500/ Total US Market /Total International Market, respectively. This is an easy way to get quick, broad exposure to loads of companies while you decide if and when you want to get into specific stocks.

Also SKYY for cloud storage/ Tech..

I use this website to research and save my watchlists: https://seekingalpha.com/
Yes, SeekingAlpha is the best for research. I will check out SKYY.
 
Too people with knowledge on index funds.

what’s the difference with these funds
VOO
VTI
VTSAX

VOO is an ETF that tracks the S&P 500 companies
VTSAX and VTI both track the total market (not just the S&P 500 companies)..
VTSAX is an index fund that requires a minimum deposit (I believe 3K).. VTI & VOO are both ETFs that you can buy and trade on a per-share basis

 
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Brothers, take this as an opportunity to learn lesson number one regarding options: Mitigate your losses. You can literally controll how much you lose. I'm not kidding. Say you buy an options contract for $1.00. Since each h contact is for 100 shares the cost to you would be $100.00. Once the purchase is confirm you monitor the progress. You need to establish from the beginning what your loss tolerance is. For me, its 10% - 15%. So, as I am watching, if the contract price drops to .9 or .85, I sell with no hesitation. I do not play the "it might go back up" game. I can always buy on the way back up. Nonetheless, I only loss $10or $15.

You can even do vertical spreads to further reduce you potential for loss. What many new traders do not know is that you can make money when the stock goes down by selling puts.

So, for me and other experienced traders, it does not matter if the stock is doing well or not, we still make money.

You can do it to bro.
This answer makes way more sense to me now! Do you ever put in physical stop losses (sell contracts) to mitigate loss?
 
VOO is an ETF that tracks the S&P 500 companies
VTSAX and VTI both track the total market (not just the S&P 500 companies)..
VTSAX is an index fund that requires a minimum deposit (I believe 3K).. VTI & VOO are both ETFs that you can buy and trade on a per-share basis

Thanks
 
Do you have a potential sell point? I know this isn’t a long term hold. Or is it?
no its not a longterm hold. but keep a close eye on it for the rest of the day and the coming days, because once that volume hits, get ready to reap your profits and sell when you've seen it has lost support.
 
no its not a longterm hold. but keep a close eye on it for the rest of the day and the coming days, because once that volume hits, get ready to reap your profits and sell when you've seen it has lost support.
I’m not understanding what your saying about the “volume hits”. I can PM you and we can discuss this more if you have a moment. Unless you want to put it in the feed so everybody can learn.
 
I did a paper trade for $205 and another for $235 with Aug 14th expiration. Looking forward to seeing how this goes. Learn by doing :thumbsup:
I did the same. In the meantime took an L on that NIO drop. Should have sold and re-entered earlier when I had the chance. Good learning experience. Took a loss and re-entered with a better position. Also bought 2/3 of a Netflix share. Ballin with the big boys, :money::roflmao: but I’m in there for the earnings over reaction correction


How you holdin' up Playa? The $205 call is in the money now, so we wait at least till the $213 break even at this point, right?

..I also did a $12 call for NIO, break even is $15.75 with a Jan 21 Expiration. Its ITM aw well but this is my first rodeo so I don;t know what to expect.

(Paper Trades, btw)
 
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