smh can't believe my dumbass bought AMC shares at $19 thinking it was going to take off, should've known they would start having the brokerages do the dirty work to artificially limit buy volume. The Nokia shares its looking like i'm just going to have to hold long as a potential 5G play or something
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
There really isn’t a difference. Most of my day is spent at the medication cart and at the nurses station with my phone unlocked with Robinhood opened. I legit have my childrens text right next to the trading app.i dont fuck with day trading bruh !dont have the heart!
im more a swing trader
Sometimes I wonder if I should leave nursing.
Why would you buy a stock in that position? Did you really believe someone was going to push it to $40? $60? $800? It’s a fucking pandemic. HBO is releasing films on their app. Until AMC can work out a deal between Biden and the Clinton Foundation to host their child-sex-rings at theatres instead of pizza parlor basements they’re a dead fucking company walking. AMC the WeWork of pedophilia has a fake news ring to it.
Zerohedge is an especially terrible website.The usual suspects....Blackrock, Renaissance , Goldman etc
How much money did they make ?
I don't even get this post? Didn't you just witness a $13 dollar stock shoot to over $400?
You think the most impossible thing is for $19 to go to $40?
Perspective is funny thing ain’t it? And it’s fucking impossible for AMC to go from $19 to $40 and beyond.
I was raised to believe a fool and his money are easily parted.
it is
they are essentially russian funded MAGA endorsers
but their financial tweets are up there
So if wall street gets another fuckn bailout before we do,.
IT GONNA BE ON AN POPPIN RIGHT???
yall believe this shit cocksucka cramer was sayin...
IT GONNA BE ON AN POPPIN RIGHT???
yall believe this shit cocksucka cramer was sayin...
or NOK
Thanks for providing the headsup on this. I'll add it to my watch list for this week. All of these short squeeze potentials can be viewed as scalping potentials. The stock is unlikely to do what $GME did. But there's probably a good chances that it moves 3% -10% and that's a decent return on a good scalp.
Nah, I get all that. I actually posted that video to research some of the stocks he's trading. I'm brand spanking new to the stock game but I've been fucking with crypto for the past 4 years.
His style of trading doesn't work that well with small accounts. Surprisingly in the world of stocks that means accounts under $21K. Don't get me wrong, a 5% gain is a 5% gain. But that 5% on $40K worth of shares vs. $400 worth of shares is vastly different.
I'n not even going to mention PDT rules for accounts under $21K.
The other thing to keep in mind is the platform he's using and how it allows him to get in and out of a postion as quickly as possible minimizing slippage. Which is a huge deal when you're trying to scalp volatile positions.
yeah he goes all in on a daily basis! !! I CANT !
MY SUGAR WOULD GO THRU THE ROOF JUST WATCHING THE INDICATORS !
Robinhood exodus likely with limits on Starbucks, GM and SPACs
Robinhood currently has an expanded list of 50 equities where buying shares and options contracts is limited.
seekingalpha.com
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Honestly, this is the easiest form of gambling there is. You find a stock that has lost more than 3% that day. You check to see if they’re up for the week/month/3 months/year and you go the fuck in. If you’re bored you check the volume. And that my friend is gambl... investing. The only interesting part is finding companies to trade in that you can reliably skin alive.yeah he goes all in on a daily basis! !! I CANT !
I have rounded out my days for many a days with the SDNL stock since Christmas early January. It was one of the cheapest cannabis stocks available. You know covid has been fucking with the revenues in Canada. You know there was a merger. And you knew earnings were coming soon. You just follow the Coldchi template on purchasing certain tiers of stocks and you just wait.
I made most of money in the beginning of the week with GEVO. I had an interesting week because of those lovely fellas.
The shares owned allows you to have a good meal even if you only eked out a .05 gain that day. Then again you have to define what’s a good day. It depends how much you’re investing and how much you expect to make in the market per day.
Once you’re out of the day trading $25k handcuffs you can really enjoy yourself. And that’s why Robinhood is great. Before you had to pay $4.95 per fucking trade. That shit can add up.
Thanks to those guys you can buy a quick dip, jump in the bounce and hit your fucking numbers without incurring crazy fees and fucking with your averages.
$40,000 *.05 = $2,000
$400 *.05 = $20
1) The above is assuming perfect entry and exit points with minimum slippage.
2) One doesn't incur a PDT the other does for the day or unsettled funds which requires 2 days to settle. You're essentially done scalping for the next 2 days if the latter is your account.
Point being, once more, theres a HUGE difference not only in gains, but the very nature of how you play the game.
I'd further add latter causes you to take on alot more exposure because ain't no one trying to make $20 a day and considering that a win..fuck that shit! . As an example in order for the $400 account to equal a comparable gain to the $40,000 account you need a gain of nearly 20% on that position.
It's a lot easier to make and live of 5% gains trading than trying to make 20% gains..PERIOD!! That's part of the reason why some say you shouldn't even think about investing until you have an account size of bare minimum 5K.
It's one of those hidden lessons i think most don't realize when they start trading. Especially with small accounts!
I don’t want to come across as elitist and out of touch here but it’s hard as fuck to plan your positions with only $5k. As you were saying if you make more than 3 trades in 5 trading days you get reported to the principals office. That forces you to think of trades in sequences instead of reflexively. I have to make a trade today and can only unwind it tomorrow in order to avoid that penalty.$40,000 *.05 = $2,000
$400 *.05 = $20
1) The above is assuming perfect entry and exit points with minimum slippage.
2) One doesn't incur a PDT the other does for the day or unsettled funds which requires 2 days to settle. You're essentially done scalping for the next 2 days if the latter is your account.
Point being, once more, theres a HUGE difference not only in gains, but the very nature of how you play the game.
I'd further add latter causes you to take on alot more exposure because ain't no one trying to make $20 a day and considering that a win..fuck that shit! . As an example in order for the $400 account to equal a comparable gain to the $40,000 account you need a gain of nearly 20% on that position.
That's part of the reason why some say you shouldn't even think about investing until you have an account size of bare minimum 5K.
It's one of those hidden lessons i think most don't realize when they start trading. Especially with small accounts!
A few months back. I made my average in about 2 hours. I couldn’t imagine getting lucky and then forced to wait a day to unload that position.
The system is rigged.
That's why it's hard for a good number of people to come up. Let's be honest most people don't have $10K sitting in a bank that they can easily throw into a brokerage account and start trading. Most people live hand to mouth and then some. Obviously the debt collectors and max out credit card companies love it. The interest rates only will kill you long before you can even start touching that principal.
Not to get into politics, but it's part of the reason why you'll never see $2,000 monthly payments during the pandemic in this country. Yes! Some people will eat that shit and go out and get a brand new TV. But what some will also do is join the record number of retail traders that's been created during the pandemic and if $GME can be replicated with other stocks? Look out!
The system will NEVER allow that. People possibly getting out of debt? Generating some wealth? Fucking with the debt to instrest money? Hell nawh...never! They're about to shut down the $GME loophole down. Lol, You got Billionaires crying on tv because bob, joe, laqueshia made $10K off $GME...
These Mfers got some nerve brah! Hate these cats with all my soul! BTW that $10K is what some of these clowns make daily in like 10 minutes.
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This dude is an idiot if he doesn't take his profits now! After that? I'd be like man you're the biggest fool since chicken little!
Someone better tell him to take about 3/4's of that out now and put it in VOO, VYM or something stable that pays a divvy. CYO buddy.
Another misinformation agent spotted and exposed.
I don’t play when it comes to $. This thread needs its own moderator to toss out the trash.
Aphria and Tilray to Merge In $4 Billion All-Stock Pot Deal
Aphria and Tilray agree to join forces, creating the world’s biggest marijuana production and distribution company with a combined value of nearly $4 billion.
www.thestreet.com
Hey man, stop stealing my plays. I been posted about that!
I’m just fuckin’ with ya. The more the merrier. You and @Coldchi can take over from here. Too many agents and pro-whites in here picking up the harassment. Got me
My brother and I bought SLV options earlier this week waiting on it to take off, never happened - so we sold. If it starts to move, I'll jump back in.
Agreed.
Silver has been suppressed for years, so I could see this climbing to possibly $35-$40 relatively quickly. Not GME levels, but a rise is a rise.
Hey man, stop stealing my plays. I been posted about that!
I’m just fuckin’ with ya. The more the merrier. You and @Coldchi can take over from here. Too many agents and pro-whites in here picking up the harassment. Got me
Word?
I may have missed it then.
I give most members the benefit of the doubt unless I see some blatantly foul shit come out there mouth.
Bruh, you should block 'em so they can't see any of the gems your sharing.
That's the challenge with options! It's a decaying asset and you need to hit it just right. BTW, Forget about OTM plays that are too far out. The hoping and wishing will kill you.
You are saying the exact opposite of Mark Monroe; he say the shortest option play should be 1yr with 2yr options as the preferred and definitely OTM. I always find it interesting to hear different POV's... its all about perspective.
But when they hit u up up. OTM actually brings you the most money % wise. One or two slots OTM is a great play as long as you have time on ya options. I don't play ITM because the profit isn't as good
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