/biz/ - Business & Finance

>>19063176
you don’t wanna see

>>19063176
Bro im getting fucking killed right now. Down like 3,400 dollars since open. Im not getting rid of my oil stocks though. I know when we make it out of May it will be a steady climb back up with all of the production cuts.

>>19063481
What are you in? I'm also in oil. SLB, MRO, FANG, COP, XOM

>>19063481
also not selling my oil stocks.

>>19063176
I’m buying today’s dip, if you don’t, you’re dumb af, everything will open in a few weeks

>>19063532
I would buy, but I have no more money at hand lol

>>19063176
>Men

How presumptious of you

>>19063504
Im in XOM, RDS, MRO, MPC and some HAL

My RDS is the biggest loser. Im fucking so pissed off at myself for buying that piece of shit. But I do know that it will survive long term. Its just dead in the water right now.

I sold half my portfolio today. The optimism is breaking and the US is trying to end lockdown too early. I'll consider buying back in 2 weeks from now at the earliest.

>>19063504
>>19063531
>>19063532
Maybe we're in an echo chamber but I guess we'll know in a few weeks lol

Should I buy the dip in MRO,HAL or start an SLB position?

>>19063531
Good man. Hold onto those stocks with diamond hands. Oil is going back to all time highs. Wells are being closed and saudis/ OPEC are slashing production. They are preparing for the big next cycle. Oil is going to rebound like a motherfucker. Be patient and keep dip buying

>>19063651
Yes dollar cost average in now. Look at MPC, MRO and HAL. SLB has a lot of debt. XOM is always a good bet for the dividends.

>>19063176
I went 32k to 9k over 2 years, then up 41k in march, now at 35k. I've been in the hole and come out the other side thanks to corona puts. I was scary being down 70 percent and I felt like an idiot. but i prevailed.

>>19063532
>I’m buying today’s dip, if you don’t, you’re dumb af, everything will open in a few weeks
15 minutes ago in the news:
>Countries that reopened are closing down again as coronavirus infections spike

The objective of this game is to make money. Clearly I am not. Swing trading was only going well for a week and here we are back to square one.

>>19063504
>oil
XOM, HAL, FANG, MRO, MUR
>tankies
FRO, STNG, DHT

and Alexander wept for he had no more cash this month to buy the dips

>>19063896
same here bro

:(

>>19063896
> he doesn’t hold 25% of his investments for those opportunities
You’re never going to make it

>>19063176
tell me when to buy MRO

>>19064307
Gotta use those stop losses my brotha.

>>19063176
I’m doing just fine thanks

>>19064780
now

>>19064932
lol give me a year and I'll show you gains from my oil stocks. I'm showing you a one day chart.

20yo LINKsta coming through

>>19063176
Lmao I’m down like 3000 dollars this year due to doing most of my crypto buying before the corona drop. As long as your not investing more than you can afford to lose why freak out you know this is a long term hold

>>19064932
I made that in a month

Never fucking selling my fanties

>>19065259
>>19065784
Zoomers, this is not a crypto discussion. Please take your imaginary currency and go somewhere else please.

>>19065813
I'll do what I want. Stocks are hardly an iron hand hold anyways

>>19063557
same who else /ballsdeep/?

>>19063802
the problem is you sold
you should only swingtrade solid stocks that way if you go red you can just HODL for a while and enjoy slower gains

Was that the dip?
Are we in recovery mode?

>>19065927
yes. Zoom out on the DOW. just a small dip

I lost all my gains from the past week. I knew I should have done a cash downgrade so I could sell at the top. What a blessing this red day would have been while waiting for settle.

>>19063176
>down 15%
>iron hands
no sweetie that called retardation

>>19065259
shit hard for a 20 yr old keep goin

>>19065259
>Daddy's money.jpg

>>19066015
Portfolio is 100% oil. Volatile right now. In it for the long term. It’s called investing, sweetie. Not day trading.