- Sep 30, 2006
- 15,804
- 12,202
I aint big spending on these stocks
Just whatever i have left over once bills is paid
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
I aint big spending on these stocks
Just whatever i have left over once bills is paid
- Mar 22, 2003
- 28,993
- 17,663
- Sep 30, 2006
- 15,804
- 12,202
Must be nice fam! Proud of you for paying the bills
What positions are you looking at /getting into?
Let go some uber and tsla and
Got into $bbig positions and options yesterday
- Mar 22, 2003
- 28,993
- 17,663
Nothing man I is retired from the game!
- Sep 30, 2006
- 15,804
- 12,202
Im guessing u won lol
- Dec 23, 2009
- 30,363
- 21,940
アミーゴ
got them startup esop windfalls and cashed out at a high, now he's running the bitcoin game and too good for low volatility stocks like SNAP or UBER smh my head.
- Mar 22, 2003
- 28,993
- 17,663
Never had ESOPs - only equity
ESOPs are a fugazi
- Apr 16, 2014
- 24,047
- 48,637
I knew yesterdays pump was fake.
Think we're going back under 3600 today but I'm not risking it.
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- Mar 22, 2003
- 28,993
- 17,663
What happened to this thread?
This the time to make real money
This the time to make real money
- Apr 16, 2014
- 24,047
- 48,637
I can't speak for anyone else but for me this market volatility is terrifying and exhilarating at the same time.
- Dec 23, 2009
- 30,363
- 21,940
I'm jealous of you boys that can play in single stock names. I'm over here changing 401k allocations and watching from the sidelines
- Dec 23, 2009
- 30,363
- 21,940
Ride the wave and don't betray your strategies. Bear markets are great for options trading
- Mar 22, 2003
- 28,993
- 17,663
I'm jealous of you boys that can play in single stock names. I'm over here changing 401k allocations and watching from the sidelines
Just max it you’ll be fine
- Apr 16, 2014
- 24,047
- 48,637
Ride the wave and don't betray your strategies. Bear markets are great for options trading
Yeah sticking to my guns and taking profits has been the biggest challenge for me. Days like yesterday make it extremely hard when you watch a contract you made a measily $300 off of run to 10K a few hours later.
But it's a perspective thing. Most people don't make $300 a day let alone in a hour. Pigs get slaughtered.
- Mar 22, 2003
- 28,993
- 17,663
- Apr 16, 2014
- 24,047
- 48,637
Good on you. Takes a mature adult to say this
Not me
Oh I'm a degenerative gambler at heart but losing a few thousand is a great teacher.
I make mistakes constantly but the same mistakes? Nah
- Dec 3, 2007
- 8,180
- 5,405
Retirement is getting the max contribution every pay period, so I'm good there. Just looking to ride this market out like everyone. Separately, in my trading account, I try to pick up a few shares of some techs here and there when certain price points are hit.
Only thing I really dislike about this market is that it's making it hard for me to settle my margin balance. I pay it down only to increase it again when I nibble on days like yesterday. SMH.
...
Only thing I really dislike about this market is that it's making it hard for me to settle my margin balance. I pay it down only to increase it again when I nibble on days like yesterday. SMH.
...
- Dec 3, 2007
- 8,180
- 5,405
Yeah I just said to hell with options all together. Got tired of given back my profits ...lol
...
- Apr 16, 2014
- 24,047
- 48,637
I only use $500 at a time each week in a Cash account. EOW I take out anything above $500.
If I blow it up (which I usually do) I wait a few weeks before I jump back in.
- Aug 9, 2014
- 12,848
- 28,001
I been trading in my Roth IRA, lose hella $ it’s cool, that money is for when I’m retired anyway lmao
I never actually traded thru a bear market like this before, have hella regrets for not liquidating wayyyy more back when the feds told us their game plan of increasing rates and cutting off the printer. Maybe I thought about the covid crash which recovered instantly. I didn’t realize this was gonna be such a long drawn out bear market. I still expect much more downside but also feeling like why sell now, missed the main move, prob won’t time it right. Waiting for a good rally which ain’t happening.
It’s low key depressing when I see I make a few bucks trading downside and the portfolio down thousands in a day bc of all the commons.
- Dec 23, 2009
- 30,363
- 21,940
Buy buy buy. LikeI been trading in my Roth IRA, lose hella $ it’s cool, that money is for when I’m retired anyway lmao
I never actually traded thru a bear market like this before, have hella regrets for not liquidating wayyyy more back when the feds told us their game plan of increasing rates and cutting off the printer. Maybe I thought about the covid crash which recovered instantly. I didn’t realize this was gonna be such a long drawn out bear market. I still expect much more downside but also feeling like why sell now, missed the main move, prob won’t time it right. Waiting for a good rally which ain’t happening.
It’s low key depressing when I see I make a few bucks trading downside and the portfolio down thousands in a day bc of all the commons.
アミーゴ
has been saying, wealth is made in bear markets. Keep in mind almost all retail traders lose long-term, especially options; look at building positions on oversold blue chips, or dividend aristocrats. Id love to be stacking GOOG shares right now.
- Aug 9, 2014
- 12,848
- 28,001
Yea I’m gonna load up on googl. I’m doing ok trading options, some good days, some bad days. planning to stick with it til im consistently profitable, playing small size til then. Easy money selling covered calls lmao. I just have 3 stocks I can sell covered calls on right now and it’s just been free money, Amzn, aapl, and shop. If shop gets called away I’d be fine with it, I’ll use those funds to build my googl position. Shop’s 10-1 split is the only reason I have 100+ anyway. I don’t plan to lose my aapl/Amzn shares, was thinking if I get called I’ll sell puts til I get em back.Buy buy buy. Like
- May 5, 2007
- 715
- 93
You and I have a similar strategy
I also only trade $500 at a time. Since end of July, I’ve been swing trading $QQQ put spreads (sparingly call spreads too). And it’s working so far, I take profits when I see them. Nothing too crazy.
- Jul 13, 2005
- 35,415
- 27,029
Have we bottomed yet
- Dec 23, 2009
- 30,363
- 21,940
SNAP driving off a cliff would suggest: no.
