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Wow, call me a moron, refute none of my points
code monkeys who understand nothing about investing
I’m back in. Trump is gonna win and it’s gonna bump stocks up as people know the devastating lockdowns are done for good. Good day for investing!
I’m back in. Trump is gonna win and it’s gonna bump stocks up as people know the devastating lockdowns are done for good. Good day for investing!
I’m back in. Trump is gonna win and it’s gonna bump stocks up as people know the devastating lockdowns are done for good. Good day for investing!
Reading the original post and now this. How much did you lose?
I'm getting antsy to short TSLA.... its at 1715 today. Holy shit, look at that 1yr
BayArea saysReading the original post and now this. How much did you lose?
Got out at DoW 26,000, not much change from today’s result.
You can't time assets, you just need to be in them. Unless you like getting fucked by inflation...
you can automate certain patterns then you can make a lot of money every day, esp. in a volatile market as right now.
I'm getting antsy to short TSLA.... its at 1715 today. Holy shit, look at that 1yr
Hircus saysI made some money on TSLA puts after the "funding secured" $420 tweet. The basic problem is that the puts are very expensive — put writers know there's a reasonable danger of a crash. If a $400 strike costs you $100, the company needs to go down to $300 before you even just recoup the purchase price. To justify the risk of expiring worthless, you want to believe the company will go to $100 or $200 in short order.I'm getting antsy to short TSLA.... its at 1715 today. Holy shit, look at that 1yr
How about buying puts instead of shorting? Then your downside is limited to what you buy them at, but the upside is the same.
I tripled my money on TSLA and got out because I thought it was overvalued, then it freaking quadrupled. I really don't understand it, but shouldn't complain.
Dholliday126 saysYou can't time assets, you just need to be in them. Unless you like getting fucked by inflation...
Depends, for the regular side/hobby trader that is likely true. However if you're willing to invest most of the full 10 hours (incl. AH) into the market action (since everyone is WFH anyways) or you can automate certain patterns then you can make a lot of money every day, esp. in a volatile market as right now. In the past weeks there have been numerous days where one could turn a few k loss into a few k green for select stocks within minutes. I expect volatility to continue or even grow in the current climate.
If a $400 strike costs you $100, the company needs to go down to $300 before you even just recoup the purchase price.
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Those of you who know me a bit from my history know that I don’t pull this trigger lightly. I didn’t fall for all the bear schemes in the last five years. I’ve been a bullish investor for the past 10 years.
The last time I did this (everything to bonds) was in December of 2007.