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Stonks
Apr 28, 2021 18:49:49 GMT -6
via mobile
Post by Presidential Immunity Cock on Apr 28, 2021 18:49:49 GMT -6
Still Holding myself.
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Stonks
Apr 28, 2021 20:29:35 GMT -6
via mobile
socal likes this
Post by Ginger on Apr 28, 2021 20:29:35 GMT -6
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Stonks
Jun 9, 2021 6:13:00 GMT -6
Post by NOTTHOR on Jun 9, 2021 6:13:00 GMT -6
Don't use Robinhood if you plan to trade options on meme stonks. I thought the horror stories were user error of slack jawed knuckle scrapers. Nope. I bought call options on CLOV on Monday (just 2 contracts, nothing huge). They popped 500% yesterday and when I went to sell one the fucking app would just say "ERROR, NOT FOUND." So I had to exercise the fucking option and then sell the stonk. Cost me $400 between the delay and loss of intrinsic value in the option. Unfucking real. I still have one call and she's mooning today.
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Stonks
Jun 9, 2021 6:46:26 GMT -6
Post by socal on Jun 9, 2021 6:46:26 GMT -6
Don't use Robinhood if you plan to trade options on meme stonks. I thought the horror stories were user error of slack jawed knuckle scrapers. Nope. I bought call options on CLOV on Monday (just 2 contracts, nothing huge). They popped 500% yesterday and when I went to sell one the fucking app would just say "ERROR, NOT FOUND." So I had to exercise the fucking option and then sell the stonk. Cost me $400 between the delay and loss of intrinsic value in the option. Unfucking real. I still have one call and she's mooning today. Yep. Shit moves fast. That panic is the worst... and in my case, has resulted in an estimated $5k in unrealized gains. Just have preset limit/stops in place and realize you don't have the benefit of pre-hindsight. Personally I've been having fun taking mini rides on the NU roller coaster. Seems immune to the Bitcoin driven market influence.
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Stonks
Jun 9, 2021 7:29:55 GMT -6
Post by NOTTHOR on Jun 9, 2021 7:29:55 GMT -6
Don't use Robinhood if you plan to trade options on meme stonks. I thought the horror stories were user error of slack jawed knuckle scrapers. Nope. I bought call options on CLOV on Monday (just 2 contracts, nothing huge). They popped 500% yesterday and when I went to sell one the fucking app would just say "ERROR, NOT FOUND." So I had to exercise the fucking option and then sell the stonk. Cost me $400 between the delay and loss of intrinsic value in the option. Unfucking real. I still have one call and she's mooning today. Yep. Shit moves fast. That panic is the worst... and in my case, has resulted in an estimated $5k in unrealized gains. Just have preset limit/stops in place and realize you don't have the benefit of pre-hindsight. Personally I've been having fun taking mini rides on the NU roller coaster. Seems immune to the Bitcoin driven market influence. Yeah, I put a limit on it after hours last night, but I'm now worried that if I try to change that limit order during market hours I'm not going to be able to.
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Stonks
Jun 9, 2021 7:43:08 GMT -6
Post by socal on Jun 9, 2021 7:43:08 GMT -6
Yep. Shit moves fast. That panic is the worst... and in my case, has resulted in an estimated $5k in unrealized gains. Just have preset limit/stops in place and realize you don't have the benefit of pre-hindsight. Personally I've been having fun taking mini rides on the NU roller coaster. Seems immune to the Bitcoin driven market influence. Yeah, I put a limit on it after hours last night, but I'm now worried that if I try to change that limit order during market hours I'm not going to be able to. Put in an order that you think is OK (not perfect). Live with it. If the risk of not watching constantly is too high, then don't. Shit is a friggin drug. Watching a rocket that you have prepared for is euphoric... ALWAYS followed by the hangover result of missing the optimal target. Looking at my stats... On just Coinbase Pro, have traded $308,388.08 (paying them $410.54 in fees). Out of all the trades, 2 that I know of have been within an ideal margin. So with $3k real cash put in, now sitting at +/- $5.2k. Edit: Alternately, if a "wager" doesn't meet your minimal standards - DON'T stick it in just to have it not being cash. Step away with a cash balance and come back later to see if anything has become optimized... without second guessing the random shit that you could have gotten a good return on in the interim. My analogy is - those were slot machines you walked by & didn't sit at, as your ass isn't 1000 cheeks/chairs wide.
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Stonks
Jun 9, 2021 8:33:15 GMT -6
Post by NOTTHOR on Jun 9, 2021 8:33:15 GMT -6
Yeah, I put a limit on it after hours last night, but I'm now worried that if I try to change that limit order during market hours I'm not going to be able to. Put in an order that you think is OK (not perfect). Live with it. If the risk of not watching constantly is too high, then don't. Shit is a friggin drug. Watching a rocket that you have prepared for is euphoric... ALWAYS followed by the hangover result of missing the optimal target. Looking at my stats... On just Coinbase Pro, have traded $308,388.08 (paying them $410.54 in fees). Out of all the trades, 2 that I know of have been within an ideal margin. So with $3k real cash put in, now sitting at +/- $5.2k. Edit: Alternately, if a "wager" doesn't meet your minimal standards - DON'T stick it in just to have it not being cash. Step away with a cash balance and come back later to see if anything has become optimized... without second guessing the random shit that you could have gotten a good return on in the interim. My analogy is - those were slot machines you walked by & didn't sit at, as your ass isn't 1000 cheeks/chairs wide. I put $370 in on Monday, closed second contract on the open and made just under $1800 even after the exercise snafu. CLOV now drilling. What a lucky fucking trade! Those coinbase fees sound high. I typically do all of my trading in ETrade or Fidelity. That shit is free.
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Stonks
Jun 15, 2021 21:27:15 GMT -6
Post by NOTTHOR on Jun 15, 2021 21:27:15 GMT -6
So after I made money on CLOV, I traded some MO calls and close to doubled my money in under a day. Then, I got arrogant today. I watch XOM religiously because it is my biggest position and the sumnabitch has had a pattern of gapping up at the open and then trending down through the day. So I bought puts, which is a bet that the stonk would go down. Welp, today was the fucking day that every asshole and his brother suddenly woke up and realized "golly gee, the last time there was a Democratic president oil was over $100 for years" and "wow, oil seems like it might be a good inflation hedge." So this morning the whole fucking market was drilling and so I drop coin on this trade. The fucking thing was down 50% before I could even hit refresh. So what did my dumbass do? Doubled the fuck down. Stock was up 3.64% on the day, which is scorching for an old stalwart like Exxon.
I got gaped worse than an 18 year old first timer on a set with Rocco Siffredi and Mandingo. Ouch.
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Stonks
Jun 16, 2021 3:06:13 GMT -6
Post by socal on Jun 16, 2021 3:06:13 GMT -6
So after I made money on CLOV, I traded some MO calls and close to doubled my money in under a day. Then, I got arrogant today. I watch XOM religiously because it is my biggest position and the sumnabitch has had a pattern of gapping up at the open and then trending down through the day. So I bought puts, which is a bet that the stonk would go down. Welp, today was the fucking day that every asshole and his brother suddenly woke up and realized "golly gee, the last time there was a Democratic president oil was over $100 for years" and "wow, oil seems like it might be a good inflation hedge." So this morning the whole fucking market was drilling and so I drop coin on this trade. The fucking thing was down 50% before I could even hit refresh. So what did my dumbass do? Doubled the fuck down. Stock was up 3.64% on the day, which is scorching for an old stalwart like Exxon. I got gaped worse than an 18 year old first timer on a set with Rocco Siffredi and Mandingo. Ouch. Ouch. Rub some dirt on it. May seal the fissures. My recent bet finally moved the way I predicted, but I had my sell in at +2O%... and went up around +30%. Has been fluctuating near the max. Waiting for it to drop again and catch another mini ride.
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Stonks
Jun 16, 2021 6:20:35 GMT -6
Post by Presidential Immunity Cock on Jun 16, 2021 6:20:35 GMT -6
I closed out of all my GME and AMC positions in the past week (or so, I forget) and both got close to their highs. Sold my GME for 335 a share and AMC at 61 a share. Not bad since I had been holding them for a while and was just waiting for a moment to dump them. I then went and dumped some into Ford as they are starting to roll the new full size Bronco off the line right now. Ford will be a longer play for me as I see them bouncing up once the chip shortage isn't a factor and they can get back to full production. Not quite sure what my next short term play will be yet. I didn't jump into CLOV because by the time I noticed it was going to go up, it was too late and would have lost my pants on it.
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Stonks
Jun 16, 2021 6:25:04 GMT -6
Post by NOTTHOR on Jun 16, 2021 6:25:04 GMT -6
I closed out of all my GME and AMC positions in the past week (or so, I forget) and both got close to their highs. Sold my GME for 335 a share and AMC at 61 a share. Not bad since I had been holding them for a while and was just waiting for a moment to dump them. I then went and dumped some into Ford as they are starting to roll the new full size Bronco off the line right now. Ford will be a longer play for me as I see them bouncing up once the chip shortage isn't a factor and they can get back to full production. Not quite sure what my next short term play will be yet. I didn't jump into CLOV because by the time I noticed it was going to go up, it was too late and would have lost my pants on it. What are you millennials investing in longer term? Are you in SOFI? I bought 300 shares of that as a long term play. I am short 2 7/16 20 puts as well, so if I get hit on those I'll have 500 shares. I am inclined to get a 1000 share position in that one. I've been long SENS since several months ago and I'm long term bullish on that as well. You going into that one?
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Stonks
Jun 16, 2021 9:02:10 GMT -6
Post by socal on Jun 16, 2021 9:02:10 GMT -6
AMP is about to take off...
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Stonks
Jun 16, 2021 11:38:43 GMT -6
Post by Presidential Immunity Cock on Jun 16, 2021 11:38:43 GMT -6
I closed out of all my GME and AMC positions in the past week (or so, I forget) and both got close to their highs. Sold my GME for 335 a share and AMC at 61 a share. Not bad since I had been holding them for a while and was just waiting for a moment to dump them. I then went and dumped some into Ford as they are starting to roll the new full size Bronco off the line right now. Ford will be a longer play for me as I see them bouncing up once the chip shortage isn't a factor and they can get back to full production. Not quite sure what my next short term play will be yet. I didn't jump into CLOV because by the time I noticed it was going to go up, it was too late and would have lost my pants on it. What are you millennials investing in longer term? Are you in SOFI? I bought 300 shares of that as a long term play. I am short 2 7/16 20 puts as well, so if I get hit on those I'll have 500 shares. I am inclined to get a 1000 share position in that one. I've been long SENS since several months ago and I'm long term bullish on that as well. You going into that one? Sir. This is a Wendy's and I'm Gen X.... Thank you very much. My main holdings are still VTSAX and VFIAX as they've been solid funds for quite a while. I'll jump into some of those others when it looks like there is positive news coming out. And if anyone is holding CERN, sell that shit quick. I'll sometimes dabble with some of the cannabis stocks for longer term holds as well. Eventually that shit will be legalized federally and it will take off.
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Post by NOTTHOR on Jun 16, 2021 12:28:46 GMT -6
What are you millennials investing in longer term? Are you in SOFI? I bought 300 shares of that as a long term play. I am short 2 7/16 20 puts as well, so if I get hit on those I'll have 500 shares. I am inclined to get a 1000 share position in that one. I've been long SENS since several months ago and I'm long term bullish on that as well. You going into that one? Sir. This is a Wendy's and I'm Gen X.... Thank you very much. My main holdings are still VTSAX and VFIAX as they've been solid funds for quite a while. I'll jump into some of those others when it looks like there is positive news coming out. And if anyone is holding CERN, sell that shit quick. I'll sometimes dabble with some of the cannabis stocks for longer term holds as well. Eventually that shit will be legalized federally and it will take off. Pal, I've told you this before and I'll say it again - federal legalization of weed will enrich Altria (MO) more than the weed plays. Supply chain, logistics, distribution network, credit market access, marketing, legal/compliance. Those are what you need to roll out a national consumer products business. Altria is the best in the country at moving age restricted small packaged goods.
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Stonks
Feb 21, 2023 16:12:10 GMT -6
via mobile
Post by Ginger on Feb 21, 2023 16:12:10 GMT -6
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Stonks
Feb 21, 2023 16:39:48 GMT -6
Post by NOTTHOR on Feb 21, 2023 16:39:48 GMT -6
Remember folks, there is usually a 2-3 year lag between the top of the rate cycle and the bottom of the markets. We hit the top of the rate cycle on May 16, 1999. Market bottomed in October 2002 and that included a bunch of cuts taking the fed funds rate from 6.5 to 1.75%. The last cyclical crash was the great recession. Rates topped in June 2006, market didn't bottom until March 2009. Every bubble is different, but this one definitely has the elements of both of those last two. Ridiculously speculative assets getting bid way up. Monstrous leverage. Real estate sky high. Gas price spike caused by the Oil Man in the White House. There's a perfect fucking storm out there.
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Stonks
Feb 21, 2023 17:14:03 GMT -6
via mobile
Post by Ginger on Feb 21, 2023 17:14:03 GMT -6
Remember folks, there is usually a 2-3 year lag between the top of the rate cycle and the bottom of the markets. We hit the top of the rate cycle on May 16, 1999. Market bottomed in October 2002 and that included a bunch of cuts taking the fed funds rate from 6.5 to 1.75%. The last cyclical crash was the great recession. Rates topped in June 2006, market didn't bottom until March 2009. Every bubble is different, but this one definitely has the elements of both of those last two. Ridiculously speculative assets getting bid way up. Monstrous leverage. Real estate sky high. Gas price spike caused by the Oil Man in the White House. There's a perfect fucking storm out there. So cash out my 401? Got it.
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Stonks
Feb 21, 2023 18:01:56 GMT -6
Post by NOTTHOR on Feb 21, 2023 18:01:56 GMT -6
Remember folks, there is usually a 2-3 year lag between the top of the rate cycle and the bottom of the markets. We hit the top of the rate cycle on May 16, 1999. Market bottomed in October 2002 and that included a bunch of cuts taking the fed funds rate from 6.5 to 1.75%. The last cyclical crash was the great recession. Rates topped in June 2006, market didn't bottom until March 2009. Every bubble is different, but this one definitely has the elements of both of those last two. Ridiculously speculative assets getting bid way up. Monstrous leverage. Real estate sky high. Gas price spike caused by the Oil Man in the White House. There's a perfect fucking storm out there. So cash out my 401? Got it. Never sell out totally, but if you are on the cusp of retiring there are finally decent yields on fixed income assets and you should be considering making that move on a portion of your assets. I have another 20 years and I bought the shit out of long bonds last summer when rates spiked and am feeling decent about the first 10 years of retirement barring hyperinflation. B00mers got skullfucked by interest rates going to 0 for so fucking long and they're sitting on way too much stock. The demographics for the market are not looking great until the Millennials get a little further up the ladder. I hope those kids do well because I need them to puff up the next bubble so I can retire.
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Stonks
Mar 11, 2023 1:18:17 GMT -6
via mobile
Post by Ginger on Mar 11, 2023 1:18:17 GMT -6
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Stonks
Mar 11, 2023 1:20:51 GMT -6
via mobile
Post by Ginger on Mar 11, 2023 1:20:51 GMT -6
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Stonks
Mar 12, 2023 8:39:44 GMT -6
Post by NOTTHOR on Mar 12, 2023 8:39:44 GMT -6
LMAO. I really can't help but laugh. Any dipshit who left a material portion of their cash above the FDIC limit in a deposit account at a bank that is outside the TBTF list after 2009 is a complete and utter idiot who absolutely deserves to lose their money.
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Stonks
Mar 12, 2023 9:43:09 GMT -6
Post by livingintheusa on Mar 12, 2023 9:43:09 GMT -6
they ment FED
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Stonks
Mar 12, 2023 9:49:19 GMT -6
Post by livingintheusa on Mar 12, 2023 9:49:19 GMT -6
LMAO. I really can't help but laugh. Any dipshit who left a material portion of their cash above the FDIC limit in a deposit account at a bank that is outside the TBTF list after 2009 is a complete and utter idiot who absolutely deserves to lose their money.
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Stonks
Mar 12, 2023 9:50:40 GMT -6
Post by livingintheusa on Mar 12, 2023 9:50:40 GMT -6
LMAO. I really can't help but laugh. Any dipshit who left a material portion of their cash above the FDIC limit in a deposit account at a bank that is outside the TBTF list after 2009 is a complete and utter idiot who absolutely deserves to lose their money. Bro. I thought your parts were players
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Stonks
Mar 12, 2023 11:54:16 GMT -6
via mobile
Post by Ginger on Mar 12, 2023 11:54:16 GMT -6
Just read through this guys tweet and others. At first felt sorry for the guy. Sounded like he was a regular Joe losing his life savings but as I read further it’s apparent he is not. I’m sure after losing his ass with this bank he still has a lot more cash on hand than I do with my credit union.
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