/biz/ - Business & Finance

THANKS FOR THE CHEAPIES

I have $5000 dollars i just deposited into my newbie ThinkOrSwim platform from my Ameritrade account. What the fuck are my first move???

OSTK
HERE WE GO
THIS IS THE FINAL POOOOMP BEFORE THE CRASH

BUFFET INDICATOR THAT PREDICTED THE 2000 DOT COM BUBBLE BURST IS AT ATH

Its a good day for memes bros

>>21592505
nice

>>21592511
Fcel isnt a meme you nigger. Also about to pump again check charts. 3.15 soon

SPY and TQQQ question asker here answer me nigger or you prove you’re not even smart enough to explain a concept

Many of you are extremely new and it really shows. It’s making me cautions of holdings.

>>21592505
>Trusting Warren Buffet in the meme Powell Economy
Nah

was bored so i took this screenshot of the standard deviation channel on KODK since you guys were so enamored with it today. thought you might find it interesting, using 5 days worth of data. the fat middle line is the linear regression trendline and each line going away from it is +/- 1 standard deviation from the mean.

but hey, it's just tea leaves, right? lmao. i still don't like fucking around with meme stocks and prefer to trade real companies like AMD but just some food for thought since it sounds like some of you guys lost money today FOMO'ing in. for reference, 99.9% of the data should be below that red line which is 4 SD. maybe i'll start gambling a bit on these if they get THAT overextended though, lmao.

might short WKHS in all honesty but i don't know shit about the story and it at least has a bit more name recognition to me. that's still up above 4 SD.

>>21592572

Do it for LCi por favor

>>21592611
Are you that LCI TO $60 dude?

>>21592438
>Anthony Bourdain
RIP

brainlet here
it was my understanding that the max payout for this was the difference between the two strikes x100
is that correct?

Man no good deals right now for my new strategy. If everything works out I'll be yielding an 11% return weekly.

Also these op's (probably one op whose likely a neet with a bunch of buy puts) are getting annoying with their constant doom posting. Show us your portfolio if you're so confident even reddit has the balls to show it on wsb, bets up and bets down.

Guys I set a limit order for QQQ puts and I got filled. Looks like the market crashes tomorrow. Screencap this.

>>21592653

No just a protege of his ;(

>>21592556
You should be cautious holding in this market anyway

Why the fuck did someone put a YT link in the OP?

>>21592438
is this OC, anon?
as the doomedit and astrological chat anon i appreciate your hard work on this

>>21592713
First day?

should I dump my AAPL now to lock in gains and buy them back tomorrow? or will it jump up 10% overnight.

>>21592611
sure. also,
>both KODK and WKHS are HTB on ToS

fuck well there goes that plan.

>>21592682
Damn. sorry bro

went all in TQQQ puts. I have over 3728 confirmed trades. Never lost a single trade. I have an ROI of 5,727%. I’m not looking for good shorts. I look for good longs. I shorted TQQQ because every ounce of logic told me I had to. My Mind, body, and soul is in this trade. I have never lost a trade. And I will not lose this trade. The music stops now.

How high is TSLA going?

>>21592758
Do it for MMP now please

DEMS cut demands in half, stimulus back on the book. We're getting those $1200 checks boys

>>21592745
retard, someone added the link in the last couple threads

should i actually buy a share of OSTK without a hint of irony or will the year-to-date insane increases stop soon

>>21592758

Thanks man

walmart about to pump again

>>21592758
>Gaussian curves in a random chance application
>5m frame
You're not gonna make it.

>>21592827
Thank god. I don't really need it but hey free money is free money.

>>21592834
Yeah I remember my first day. You’re gonna be great.

11,400 is going to be the high for the nasdaq for a while, get ready for the start of the crash ladies.

Is SSL fucked or should I hold? I read they will be able to recover from selling their assets. Opinions?

>>21592662
Only issue is my account doesn't clearly show it as I don't go all in otherwise if I went through with that my account would be up at least 3000 per week a month's at my former best paying job.

Is CLSK going to drop a few more dollars so I can buy more at or below my average. Or should I bite the bullet and buy now? I bought some at the dip throughout the day but I dont know... Whats the exist target for the any CLSK holders here? I know there was the v-tuber lad?

>>21592818
95% of the data should be within 2 SD (the yellow line) so notice how it's often a great place to buy or sell. it tends to work better with stocks that aren't like shitcoins and are more normal in their price distributions or at least are solid companies that aren't going to take off in one direction and never return. im still experimenting with it though but it's pretty interesting and can be looked at on any time frame. i'd say the longer the time frame the longer you're probably looking to hold it before it returns to the mean which is where you'd probably want to exit your position or at least take some profits.

>>21592942
Lmao what is this. Someone explain the pic. Is it the pepe trying to get a tan?

>>21592942
Why'd you buy it to begin with? Honest question. Of all the oil companies why that one?

OH FUCK
I WAS TOO VISION IMPAIRED TO SEE AUDIO EYE TRAIN LEAVING THE STATION

>>21592997
HBO Chernobyl meme

Yes, he got a tan

>>21592982
Just one more reason to buy. 10% partnership distribution on that one, and their balance sheet is ridiculously strong. I'm going all in bros.

Anyone here use koyfin? I get that it's free but is it actually good?
Thanks in advance...

>The chances of someone spitting in your food in a delivery or takeout is not zero and probably has happened

Kek, Citibank sent 175 million to a hedge fund by mistake. Now they can't get the money back. Wish someone would send me money by "mistake"...

soon

>>21592982
Also thanks for that by the way I like this tool you have created. Backtest it on anything good yet?

the horse is on the move again

>>21592497
>>21592839
hmmmm

>>21592897
i figure the shorter the time frame the less time you plan on holding on to it for, and vice versa. imagine if you bought the dip through the corona crash for example. or /ES futures contracts after the rollover period in march? it all depends on your timeframe though. it took like 2 months to do its mean regression finally but you could have bought at the yellow and orange lines (didn't quite get to the red line though but you'd just buy more there too).

>>21593135
They also sent $900 million to a failing cosmetic brand

>>21592660
Yes. So $1000 minus what you paid for it.

>>21593131
most places seal the food now with a sticker so I'm not worried

>>21593146
>says the increasingly nervous bear for the 6th month in a row.

I'm having a good day, up $800, 5% so far.

>>21593131

It has definitely happened.

>>21593135
Bank errors like that happen and when it happens to little guys they WILL get their money back regardless of whether you have spent or invested it. YOU don't get to keep it. But between friends what's a few mil right?

>>21591821
Because the management is retarded. They couldn't say shit like others do "no guidance can be given due to pandemic" instead they decided to say "lmao we think our revenue is going down like 15%, we ain't earning shit here" and then those retards decided to tell everyone they think data-centers market is saturated and also how other companies (like MU or Koreans) come and take their market share with their bits in the market that WDC operates when those companies have any downfalls in their own respective markets that WDC does not operate in.
Also, fuck HDD, nobody buys those and WDC has a fucking big retail segment.
ALSO, this fucking company is still making and selling MP3 players. That's right fucking MP3 players. Who buys those? I'll tell you who. NOBODY DOES.
These faggots paid like 19 billion for SanDisk to make fucking memory cards (hello 2005, but okay, some people actually use those in their Nintendos) and MP3 PLAYERS. They obviously overpaid as hell for that one and now have more goodwill on their balance sheet than their market cap is worth right now. One of the reasons why they have a huge pile of debt and are not going to pay any dividends for any foreseeable future.
Oh, they are also investing in a USB Flash drive factory in Japan. You know, in the era when you can drop basically any file instantly into your Google Drive or something. Surely that's going to experience MASSIVE demand pull from all sides possible.
Anyway, at this price it kinda looks like it's going to bottom out. I'm planning to average down at $32 for this pile of shit of a stock.

>>21593194
if there's a final pump before the Overstock crash i SHOULDN'T buy now correct?

>>21593000
It was doing well it secured that contract in South Africa. It's building that plant in America. Oh well, I guess these heavy bags are taking me down.

>>21593194
yup.
>bought at 113.00
>sold at 115.25
always use an oscillator

>>21593131
The chance that a cute girl spat in your food for an indirect kiss is also nonzero.

>>21592541
Its a fuckin meme make no mistake faggot. Not gonna stop me from getting sick gains tho.

>>21593260
>>21593275
I'm gonna wait to see what it does. Next earnings isn't for a few months but this rally is giving off bad vibes.

>>21593135
What the fuck!? When a bank gives you extra money they can sue you for spending it even if you didnt realize. This sounds very fishy almost lile their cooking the books and "lost" $175 million in a manner that they claim they can't get it back (because it never existed, they lost it some other way).

ALOT

>>21593233
Yeah... I think WDC basically killed MU and are a reason why I’m getting crushed. Also, the rest of semis are getting fucked.

>>21592505
OMG THE BUFFET INDICATOR

https://seekingalpha.com/article/4369537-kodak-be-2-stock-again-soon
hope rodrigo sees this

>>21593261
Hey it could be worse - you coulda bought KTOV at $0.82 like I did (not much but still.) I'm retarded.

>>21593131
>it was possibly a teenage girl who just sucked off her bf in the cooler

>>21593110
i wouldn't go all-in. the strat im testing is that i'll buy some at the yellow line with the ability to buy more if it dips further, scale in. of course it's best if backed up by TA (buying dips on good companies or shorting rips on shitty companies) but in a lot of cases you can play it both ways and your target would be the middle line. it's called mean regression.

>>21593164
it's not a tool i created, it's just multiples of the Standard Deviation Channel in ToS and i made it look a little prettier with color coding. also standard deviation is just statistics but it's an interesting concept. learned about it from here and have been experimenting with it successfully on AMD this week, if it works out i'll continue to increase how big of a position size i take at each level: https://www.youtube.com/watch?v=tNdpkHGhn_E

im cautiously optimistic but im hardly "going all in" on it quite yet, gotta be careful and know how to manage risk but the concept is sound.

>>21593233
You sound really mad. Usbs are still useful. I use it for backups but i mainly use portable hdds for that and the usb for smaller stuff or less frequent baclups of important stuff.

As for sandisk idk but i did get this cool looking one for my switch. Thing was a rip off though and then i learned i didnt need it as i prefer physical copies of my games....

Are there limits to trading options like the pattern daytrading restrictions if you have less than 25k in your account?

I'm researching them now on TD Ameritrade's youtube channel, and it seems like a tool I should be using more of.

I'm gonna be sick bros how the fuck does it keep going up

They say you can't predict the top of the market, but I'm telling you this right here is the top for QQQ, you all should listen to the rat.

yup, im taking a week to think about why im losing money, cya in a week smggers

>>21593201
where does it reach that level? the way it was explained it seemed like once the underlying hit the upper number it was over

is it just that it has to be above the sold call at expiration?

>>21593131
i drink a glass of orange juice and take a multivitamin everyday so im fine, i got dat vitamin C famalam :^)

>>21592505
https://brrr.money/ - And it would be 100% correct if not for the global money printing that's going on right now.

>>21593460
if you day-trade options contracts, it's literally the same as daytrading stocks

guys MDLY halted, get ready to get in!

>>21593484
its because of the retardation

>>21593475
thanks, buying more TQQQ

>>21593484
>a week
right in time forr the post-split crash

>>21593450
they make 1tb flash drives now, not sure why you would even bother with portable hdds anymore.

>>21593409
Your posts are great. I am not all in on MMP because your chart looks good for it, there's a myriad of reasons including very strong balance sheet and 10% partnership distribution yield. It's a fee based company with extremely low overhead and next to no long term debt. Boomer tier but I think midstream gas companies are a fantastic buy at the moment.

>>21593233
Woah just looked it up, glad I sold

>>21593461
The rest of the world is red, usually it just follows spy, it's strange...

>>21593544
>There are people who fell for KODK the first time
>And KODK the second time today
>And now they'll fall for MDLY
please don't

What stocks should I bet on if the Three Gorges Dam bursts?

>>21593198
Show me the 01/01 to 2/21 channels.

I am never fucking selling my Kodak

WDC isn't going anywhere, HDD still has a place in today's world. Bulk storage. Data centers and home servers eat that up like crack. Have you seen an 8TB SSD? I sure ain't. Have you seen it for around $200? Oh wait it don't exist and it for damn sure wouldn't cost $200 as a regular HDD would even if it did.. Bulk storage is only going up, 14TB drives today, 20TB drives next year (well, maybe not that soon), but you get the point.

>>21592472
5000 different $1 calls expiring 8/21. You're going to make it.

>>21592662
Go back faggot

>>21593347
They surely did, much like STX dropped after earnings (kinda funny how they still manage to be profitable and keep a better face than WDC, although they are pretty much only in the dying HDD market). Retarded financial analysts think WDC, MU and STX are one of a kind. But the CFO of MU just recently said on some conference that yeah there are headwinds in this quarter reaffirming the bad guidance by WDC.
MU is kinda cool at $44, but I think it's a good stock for swing trading (really volatile all the time) and is not a good stock as a long-term investment due to complete lack of shareholder returns.

The pop will be glorious and more devastating than the 2000 dot com crash and corona crash combined

>>21593748
pop this *unzips dick*

HOLD OR SELL TSLA AGGGGHHHH

I am considering morgagging my parents house without their permission and putting it all in Sqqq.
This is a great idea right guys?

>>21593748

It’s not going to happen. The corona crash wasn’t even all that bad all things considered. We’ll probsbly maybe get some cool cheapies but it won’t be anything wild or crazy.

>>21593748
>0 rates
>flailing dollar

Where else is the money going to go?

>>21593584
sounds good anon, hope it works out for you. that's 5 days worth of data so you're probably looking at a swing trade off of it at most. obviously it helps to have more DD behind your ideas, the standard deviations just tells you how far away from the average price the stock is trading at. theoretically the further away it is from the mean the higher the likelihood that it will reverse. it should help a lot if you scale in and out though, or just trade in the direction of the trend, but there are plenty of instances i've seen where you could literally just buy/short through the SD levels and hold until it returns to the mean. it probably also works better with a long bias since it's basically just a strategic form of dip buying using statistics at that point.

>>21593748
https://www.youtube.com/watch?v=fH2PCByRU74

>>21593748
In 2000 the technology wasn't there yet to justify these prices for the Tech, today it is and it's going forward even faster. I don't claim I know the future and I agree that the BRRRR created this bubble, but people have literally nothing better to do with their money except either the stock market or precious metals. And there is a coordinated shilling to make sure that the Normies are not buying any gold.

>>21592572
What days are those SDs based on? If they include the day it peaked like that, worth knowing that you couldn't have traded it, because you would be waiting for your lines to catch up with your numbers.

Hope that critique makes sense.

>>21593716
What conference?

Well. I’m down a solid 11% on MU. So I’m stuck HODLing. Another 35 shares and I can start selling covered calls.

Fuck.

>>21593527
I just double checked and you're right, I thought because options were simply contracts and not securities themselves they might be exempt, but I guess it's understandable they would be subject to the same rules since the contracts are for the right to buy and sell shares anyway.

>>21593748
show us your short positions please

EVERYTHING I SELL MOONS

>>21594004
Stop selling, hold.

Last chance for Apple cheapies before the pump

>>21594004
Tell me what you're gonna sell and I'll buy your bags

>>21594033
how high we pumping?

>>21594019
Everything I hold dumps

>>21594004
short selling degenerates deserve only cunny and nothing else

How is the S&P up, but RPV is down? I understand not.

>>21593936
https://www.bloomberg.com/news/articles/2020-08-13/micron-falls-after-cfo-says-outlook-worse-for-memory-chip-demand this one here.

>>21593871
see the 5 D 5m? that means 5 days with candles that each represent 5 minutes worth of trading. so, the past 5 days + the current day, so 6 days total while still during market hours.

like i said i think it's better to look for good solid companies that aren't low float penny stock meme shit, but i just thought it was interesting to see the levels on it. theoretically if you had been shorting some at each of those levels you would be making bank right now. but penny stocks can do crazy things instead of being more normative so who knows.

the point is that considering the past 5 days of data, today's values are way outside of the majority of the data set. like if you had 1000 people, 1 person would be beyond that red line, 4 standard deviations, so it's incredibly rare compared to the rest of the data set, an extreme outlier. how you interpret and/or trade extreme outliers in stocks is up to you.

All in on FUTU
The Chinese robinhood. Lets fucking gooooo.

Continue shorting boomerstocks. Long tech and PMs.
Even the boomer "analysts" and hedgefundies are doing that now.

How much for a beautiful gf like her to look at me like this

>>21594041
I sold persimmon at £23.75
I'm going to sell games workshop
everything else is just FAGMANT because I give up.

>>21594106
What is that white stuff on the table?

>>21592438
Is ibio a buy? Why is Google spamming me telling me to buy it lol

>SSL
>REFR
>AMPY
>PRPO
>KNDI
jesus christ, all of my meme bags fell off a fucking cliff today

>>21594128

That’s a man

>>21594106
Also, valium doesn't work

UFO

>>21594055
$473 EOW

>>21594033
We've got until the end of the week.

>>21594120
whoops forgot pic

also i mean hey, im still experimenting with it and seeing where it's going to work and where it'll not work. i already think that you want to be looking for more stable stocks to use it on, but i definitely know people who use it on penny stocks (literally the guy i discovered it from, the boiler room, uses it for just that, profitably). i use it on shit like AMD and MU and INTC for short term trades.

>>21594166
gross

Who lets their daughter wear a choker and a push up bra? Bros, I don’t want a daughter.

>>21594166
try taking it normally..

>>21594131
The lines are blue. The white is the overhead lights reflecting in the granite.

>>21594166
oh you railed the valium? You're just supposed to take it and make it turn 1 drink into 3 drink.

Why the fuck shouldn't I buy these chink banks?
BACHY, IDCBY, CICHY?

Good performance, great dividend, and low prices because of chink FUD. love 'em or hate 'em that chink money ain't leaving anytime soon.

>>21594093
Bears are not allowed out of their chastity cages.
>>21594243
>granite countertops

>>21594166
dude just fucking take benzos subliminally (chew and let it dissolve under the tongue), it's not hard. also xanax is way more fun than valium.

I'm holding movie theaters, place your bets on how fucked I am long-term.

how do you make money in this market
without FAGTMAN or tqqq spy solx qqq

>>21594166
>valium doesn't work
????

>>21593583
Cheaper than the flash drives. Plus it's used only for backups of personal stuff in case the pc dies. If it was for a job I don't care, the company can give me a flash drive or hdd not like I'm paying.

>>21594308

Probably get a pump out of them but I think long long term everything is going towards goy cattle not being allowed to/being tricked into staying home is best for them.

What are some super long range buy and holds?

Need a FAGTMAAN dip

>>21594301
Well, not all of our mothers-in-law have xanax sitting around waiting to be stolen. We work with what we have

>>21594372
RTX for low risk, TSM for high

>both baba and amazon green again
Took them long enough

>>21592438
Should I just bite the bullet and sell tvixf now?

>>21594301
>subliminally (chew and let it dissolve under the tongue)
Sublingually. Lingua = tongue

>>21593818
Hold.

>>21593667
I mean it's possible. I would likely give this strategy a try (I've already considered it long ago) if I was rich enough.

If I had $1 million, I'd toss 2k in options expiring a week out on 500 companies. 100% confident I'd walk away richer. However i have no confidence in that right now as I am not rich. If I fail I'll have nothing left to try to make more money with.

>>21594313
You don't. Fed POOMPED money into market and TINA makes it stay there. There was no natural reset and stimulus/GIBBS favored large and megacap winners even more than everything else.

>>21594372

Best is WM (waste management) they’re going to take over the trash of the country, banks, the airlines that are in good shape, same with a cruise line or two, casinos, beer companies. But in the 1-3 years you’re waiting for these to look you could be making money elsewhere instead of holding bags.

>>21594296
they were not allowed to cum today, but it might change soon

Wow that green line really does keep going up

>>21594296
Yeah, my dad/stepmom made it, so sue me. Doesn't help me any.

Anyone else holding FANG? Looking good!

>>21593748
I meam if it happens I'm still partially in cash that even with a devastating loss I'll have enough left over to 10x in 10 years, eg 2001 to 2007.

>>21592929
cute

stimulus deal may be imminent lads, get ready for stocks to go to the moon

>>21594491
About to FOMO

>>21594479
140 years of gains and bears think surely this time it will fall

>>21594461
PPP is taxable, too. lol.

>>21594543
link?

The influx of newfags to the thread is indicating to me that the market is getting to hyped for it's own good. We're going to crash with no survivors.

>>21594543
Imminent? Those lazy fucks are on vacation for the next month

>>21594543
nooooo not until tomorrow morning, my monthly deposit into my brokerage arrives tomorrow

>>21592505
isn't this just because fed purchases don't count towards GDP? that indicator has been pretty much broken since QE became the norm and it looks absurd in the face of Unlimited Printer Works

>>21594578
go all cash so we can moon.

Wells Fargo will crash and burn, and it will destroy everything.

>>21594543
Thanks that all I needed to pull the trigger

I'd say we're in for a correction...

yeah:
>>21594578

>>21593748
Also show us your puts you guys have gotten on my nerve that unless you put your money where your mouth is I'm just gonna take your opinion with an entire barrel of salt. Not confident in your opinion? Why not Jan 2022 buy puts, expensive but if ur right it'll be an easy 15x on spy considering how you claim itll pop a lot harder and i assume harder than in March.

Anyone know if there are salt contracts? I know there are for oil, wheat, corn, etc.

>>21594585
They came back for an emergency session, lad

>>21594543
tyfys

>TQQQ going up and hitting ATH
>my TQQQ puts are increasing in value

The big one is coming

>>21594578
Not just me to /SMG/ new to trading in general. I definitely don't ever like agreeing with you but you may be right.

Should I buy a 8/21 NVDA 500 call? Or a safer 2021 call? Or even a put? I have about 3500 cash

Looking like the bull pennant is tightening up on WKHS. My guess is it pops up to near $19 before consolidating again.

>>21594578
the last influx of newfags was literally market bottom

Pretty funny seeing analysts "revise" price targets for tech stocks because of price rallies and then stocks "rally" because of price targets.

>>21594692
hope you're wrong 'cause I want to buy back in at 15 Lol. I sold at 16 today thinking it'd swing back down.

>>21593748
boomers still have some life to suck from their children and grand children. dollar is going to shit, interest rates are nill. eternal bull market. corona was the guarantee of the eternal bull market, not bobos work.

die market die die die die

>>21594715
you haven't noticed the fomo we've been seeing for the past few weeks? Shit's getting ready to come down and hit the fan.

>>21594729
I dont take those guys seriously. If I've learned somethimg from stocks is that these hedgefunds, news agencies, and analysts domt really know why stocks moved the way theu did.

>tfw 100% tech
>tfw no longer stressed because I know line only go up

>>21594563
Didn't some guy buy Tqqq Puts in the last thread?
Did we ever hear back from him?

>>21594578
yeah, people are getting way too bullish now which usually a bad sign. I'm guessing a 10-15% correction sometime this year. Really doubt we will crash completely again though.

Wtf is this FX Impact on trading212!?

>>21594747
Same here. Shorted from 19 to 17, bought back in at 14.70 yesterday and sold at 16 today. I want to get in at 15.

>>21594795
See you've also studied at the University of Wall Street Bets.

7>bought UBX yesterday at 4.17
That 3-day rule is no joke. I got fucking JUST'd.

>>21594756
it will crash
but I fear it will be after my broker liquidates my account

>>21593842
>flailing dollar
https://www.marketwatch.com/investing/index/dxy
dollar isn't even near to all time low

>0 rates
banks struggle with 0 rates, no wage slave can buy a house anymore, prices will explode and gini coefficient will rise. they could do 0% rates for another ten years, but they will probably let it crash and blame it on Trump. 0% are not sustainable

>>21594804
Bears never post their puts, just keep "warning us"

>>21594220
My question was more: where it says "StandardDevChannel(CLOSE, 1.0, yes, 21)", what does that mean?

Obviously, the tool is called Standard Deviation Channel, the 1.0 means it's drawing channel lines 1 SD above and below the average (what average? It's sloped, so some kind of MA?), but the rest means nothing to me.

My concern is how your SD is being calculated. It looks like it's constant (same size at all points on the graph), but that doesn't make sense with your changing average line.

>>21594576
>>21594585
>>21594597
>>21594628
>>21594645
https://www.zerohedge.com/markets/deal-imminent-pelosi-says-democrats-willing-cut-demands-half-get-agreement-stimulus-bill


>l ahead of the election - as failure to compromise would send the broader economy into the abyss once more just ahead of the elections - we expect that the theater over the latest round of fiscal stimulus is almost over and within days if not hours, Dems and Republicans will announce a "deal" for a new fiscal stimulus round of just around $1.5 trillion,

>>21594715
I'm talking about people like >>21594795 it's like I dunno, you see stuff like that, and that's the fucking flashing red warning sign with the siren blaring.

>>21594886
>marketwatch

>>21594388
>>21594559
>>21594628

As soon as I buy it crashes.
Pottery

>>21594804
Yes, I went all in. I’m still exactly even and my mind has not changed. I have over 3728 confirmed trades. Never lost a single trade. I have an ROI of 5,727%. I’m not looking for good shorts. I look for good longs. I shorted TQQQ because every ounce of logic told me I had to. My Mind, body, and soul is in this trade. I have never lost a trade. And I will not lose this trade. The music stops now.

>>21594843
:(
how long have you been shorting?

>>21594747
>>21594692
It's so textbook it looks fucking fake.

I think watching stocks long enough can probably turn you into a schizo.

>>21594919
Ehh I've seem nearly every move you make go the opposite way. Cam i see your portfolio? I'm really curious to see how you account has done over the last 3 months.

I'm curious to see how NVDA earnings is going to affect AMD for the rest of the week.

>>21594488
>my dad/stepmom made it
>making it
>granite

>>21594843
Why bet so much against the US and the central bank?

>>21594907
Thank you!

>>21594372
CBRP

>>21594907
Fuck
Better grab some more uvxy

>>21594919
shjut up baggie. all I did was dump some bags for something better

How useful is it to see what hedgefunds' holdings are and changes in holdings?

>>21594907
To the mooon

>>21594933
It’s the absolute worst. They link to barrons sometimes, but I started to read one of their original articles and holy crap is it bad.

>>21594692
I'm selling as soon as the contract is announced

>>21595007
because reddit told me to!! This was supposed to be the second great dip of 2020!!! this was supposed to me MY TURN!!!! REEEE

>>21594972
XRP just got a failure of this pattern. Don't trust meme patterns.

>>21594919
>Shitposting = THIS IS IT THIS IS THE TOP
Wtf is a broker me n my 200 homeless friends just bought robinhood today and FOMO'd TSLA at $1900 is this smart bros? idk what any of the stufdf means can you just tell me what buttons to push?

>>21594578
Who cares. Let them pump and place your stop losses.

>>21594643
Wasn't this just to discuss USPS' situation?

>>21594692
:^( missed 14.80 yesterday cause no settled cash. Was going to set a 17 sell set it and forget it

>>21595138
You felt politics memes were necessary here?

>>21594963
Friday
I fucked up pretty good by not closing at small loss

>>21595007
I always bet against everybody

>>21594972
Wherever it goes I can't tell where the ceiling is, but I sure as hell know where the floor is without any news. I'll be shorting if it reaches 19 within the week

>>21595132
I don't disagree with this plan. Sell the news. The contract will take the stock to new highs but it will likely retrace from there.

>CLSK
Nice.

>>21594907
BUY THE RUMOR SELL THE NEWS
THIS IS WHAT WE TRAINING FOR YOU FUCKING HOMOS LETS GOOOOOO

Hello everyone, I want to buy fractional shares of NASDAQ but robinhood doesn’t have it. Do I need another broker to buy fractional shares of NASDAQ?

tomorrow will decide if i skyrocket to 200k or plummet down 20k. 100 shares of NVDA + 8/21 and 8/28 calls

It really does get easier as you get more money, anons. Unless you're trying to put money in and forget about it for 10 years, or are literally trying to become a millionaire ASAP, it does get easier. You can live a very comfy life being financially independent with under 100k/yr (depending on your cost of living.)

Really, I think there are only a few big goal posts.

>$100-> $1k
It's very hard but it can be done. You just have to be cautious and not make insane bets on options. Lots of trades will have to be made, though.

>$1k -> $10k
By far, probably the hardest leap. You're at the point where big plays through options can be made to increase gains exponentially, but you have to be incredibly careful because losses here can hurt more than $100->$1,000 due to the small amounts you have. Medium-High risks for Low-Medium rewards.

>$10k -> $100k
Assuming you're not bleeding money because you got lucky off of options (very early on) and continued to gamble, you're most likely set. Once again, it depends on where you live (sorry NY/CA bros) but there's enough capital here for you to live a very modest life if you aren't in crippling debt. Just make a ton of low-risk low-reward plays (because you have that kind of money) and shoot for $1,000-$1,500 in gains a week. Might be time consuming but it's better than being a wage cuck. Assuming you do don't blow it all on fancy cars, giant houses, etc, you could definitely be set for a long time. Take $80k and I don't see why you couldn't turn it into $500k over the course of a few years. At some point you'll reach the end game of just letting your stocks make passive income for you. Whether that's through funds or divvies, I think you can make it.

Yes it's nowhere near as nice as turning $3k into $120k over night, but that's not feasible. You have to be lucky to do that. Materialism and greed are bad. Fight your own human nature, reach financial independence and do what YOU want to do. You'll make it, anon.

OVERSTOCK OOOOOOOOOOOOOOOOOOO

>>21595271
No. Buy ndaq or qqq

>>21595138
post chin

>>21595159
They want to discuss the stimulus as well, I believe. Dems need to do it because they are literally the ones holding it up and are looking like shit, during their own convention

how the fuck is the market up while volume is so low

>>21595290
What low risk plays? How is getting 10-15% of your total amount of money low risk?

>>21595440
JPOW remembered his robinhood password

>>21594897
https://tlc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/R-S/StandardDevChannel

>>21595290
wait I don't get it
how is 10k -> 100k easier than 1k -> 10k ?

>>21595294
wait 2 days and it will be up another %10

>>21592974
At this rate, you're better off waiting for another dip to the 10s for entry. CLSK seems to retain its pattern of dumping 1-2 dollars before reaching its new ATH and has shown as one of the more resilient stocks.
>exit target
Gonna wait to see where it's at in a year. The technology has long-term potential, but it's also not a bad idea to wait for another pump like we had last monday for a good profit.

>>21595204
>Friday

>>21594421
ah yes you're right my bad. always mess those up lol.

TRUMP ORDERED COLLEGES TO SELL BABA

>Trump orders all U.S. Endowment and Pension University funds to sell Chinese holdings.
Trump orders all U.S. Endowment and Pension University funds to sell Chinese holdings
>Trump orders all U.S. Endowment and Pension University funds to sell Chinese holdings.
Trump orders all U.S. Endowment and Pension University funds to sell Chinese holdings

>>21595493
Thanks fren~!
May you be blessed with Gainz!

>ITT:
>schizos
>((reddit)) tourists claiming everything will crash
>people buying KODK P&D

>>21594578
this is why i day trade. all a crash means is that i get the signal to short instead of go long.

AHHHHHH WTF TRUMP THIS IS SUPPOSED 5O BE CAPITALISM BABAAAAAAAAAAAAA

>>21595581
source?

>>21595581
>>21595527

>>21595665
do you not get any news check livesquawk at least

MY FIRST COVERED CALLLLL!!!

How much am I going to regret this?

>>21595665
Trump. he called me to tell me first so I can sell

>>21592974
>>21592974
Clsk $7 by next week

>>21595284
200k? But ur account is only like 7k away from that. How many options do you have on them?

>>21595699
you fucked up, newfag.

>>21594907
what do I buy TQQQ?

>>21595699
How much? Your total account value.

>>21595699
you only sell covered calls on shit that's going to crab, you just gave some kike the majority of your upside.

>>21595290
>It really does get easier as you get more money, anons.
Yeah I know that. I've done that math on it. Once you hit $1,000,000 you're pretty much in the clear just don't do ridiculuos moves. $100k and up just dont be erratic....I reached six figures once and behaved erraticly back down to five figure I went and it was a hard fall too.

>>21595511
I shorted Nasdaq at 11,100
it gone wrong

jfc this shitty NQ range/crawling cunt uptrend is fucking cancer aaaaaaaaaaaaaaaaaaaaaaaaaaaaaggggggggggggggggggggggggggggggggggggggggggggghhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
move you fucking bitch move

>>21595699
You should only sell a covered call if you can accurately estimate the value it will be near expiration

>>21595761
>How much? Your total account value.
Now now, no one likes a braggart.

why the fuck is Salesforce up they don't even do anything

>CLSK
OH SHIT LOOK OUT ABOVE

I just bought FNGU and it's like 9.55% BABA

>>21595290
Can you do some for $100k - $250k, $250k - $500k, $500k - $750k, $750k - $1m. Want to see your opinion on what to do then. I already have a general idea mostly cause I fucked up once I reached six figures a few months back and went back down to five figures.

Where’s this stock heading in 6 months?

>>21595865
Why?
Worst outcome is they get called away?

Last ten minutes what do I put money into for gains tomorrow

>>21595922
If it's an airline. Nowhere until maybe early 2021 or next summer.

>>21595940
Nvidia, earnings tomorrow

>>21595940
VXX or UVXY my dude.

>TQQQ Volume: 17.6 M
>SPY volume: 30 M

Circuit breakers tomorrow

>>21595456
If you've got $80k, you can easily throw a few hundred at smart educated calls low-risk calls. Stuff you know that will likely go up a few percentages. You have to be smart but you will make money, even if it's only like $20. Losing $500 in a week is feels much better when you have $80k and not $800.

>>21595472
Try throwing $3k at a play when you have $5k. Try doing it again when you have 30k.

Once a certain threshold is reached, you're literally too big to fail. It's exponential.

Have $5,000? 5% of that is $250. You aren't going to make serious money with $250 unless you get really lucky.

5% of $50,000? That's $2,500. Even a super safe call that barely breaks even will probably make more than what $250 would make in the best possible scenario.

>>21595940
Yourself.

>>21595983
Earnings has just been dumping shit lately tho

>>21595989
I can never tell if you're genuinely trying to give advice or if you're just doing your usual "ktov lol"

>>21595996
please i beg

>>21595940
GOLD

>>21596095
is that the tripfag? just mute him like everyone else in the tthread does

>>21595290
Also give us some low risk play EXAMPLES for the $10k to $100k section I'm curious to see what strategies you recommend and how much is being risked.

Lmao that Canoo EV company looks so fucking bad it actually made the SPAC it's merging with go down. the SPAC ticker is HCAC.

>>21595912
In general, I think that would all fall under $100k -> $1M

Personally, this is my take: If I have $500k, I'm probably going to take at least $400k and put it into growth stocks or into bank accounts. $100k? That's a lot of capital. You'll have many opportunities to make smaller plays that can double.

Think there's an opportunity to double your money? Never ever play it all. Try to double like $3k or something. It's small comparatively, but it's still money. Just don't get greedy and take the small wins and losses over big wins and losses.

how long should i realistically be holding TQQQ

Please dear god, pump my RTX and XOM bags
I can't stand the fucking losses

>>21596260
$10k in TQQQ 10 years ago would be $638k as of yesterday's close

What a day, I love Tesla.

>>21596260
how rich do you want to be?

>>21596260
Today was the last day you should’ve been holding. Tech crashes tomorrow

>>21596195
Don't SPACs usually have an amount that if they go below the company will buy it back at the set price? Sounds like some possibly guaranteed money

only lost $3 today bros it was a good day

>>21596260
Unironically forever

NEWWWW!

>>21596314


>>21596314


>>21596314


>>21596314


hehehe NEW

>>21596314

>>21595466
Thanks! So having read through that, I'm pretty sure my concerns are justified. Basically, your channel looks like it has predictive power, but it really only describes the candles that have already happened. And yes, that's broadly true of any statistics, but here I think it's a larger problem than usual.

First, it's centered on the linear regression trendline. That will, just from the way it's calculated, draw a nice straight line right through whatever data you give it. But depending on the points included, the slope of the line will vary significantly. Your linear regression could give you different predictions depending on whether you're looking at the last week, the last month, or the last year, etc. Those predictions could very plausibly be contradicting each other - what tells you to favor one time scale over another?

From there, you add in the SD channels. These are based on the entire set of data, so by definition, mathematically, anything that appears above them is going to be coming down shortly afterwards. If it hadn't, the trendline would have been steeper and the channel wider, because those values have been calculated specifically to do just that.

Not trying to be negative, but I think it's an important point.

>>21594897
also thanks for pointing this out. basically by default it calculates using the entirety of the data set. but if you set it to "no" then you can set how many bars it calculates by. scalped a little at the end of the day here and it was actually pretty neat, also tripled the default value. might have to experiment with this as well for scalping, could be cool.

>>21596313
b-but ratking always says this and i just buy more and then line go up..

>>21596189
Yeah same seems just generic dumb advice.

>>21595996
wait how can you tell just with volume

Ding ding ding! How did everyone do today? I'm down .17%, kinda nothing day. S n' P kinda alarming in that it traded lower than yesterday's lows, but returned to thick volume established in last night's futures. The dow and russel are just doing bad huh? Trump pardoned... Susan B. Anthony? I thought it was gonna be Julian, oh well. So sleepy, I kinda just woke up :/

>>21595996
>TQQQ Volume: 17.6 M
it was the morning pump and powerhour dump
>>21596260
no. I was in TQQQ but the closer and closer we get the october the riskier it gets

>>21596360
See you in the new thread?

>>21596432
+ 0.09% otherwise known as a 4 dollar gainer. My breakfast cost more and all I had was a bagel and a coffee. Good bagel, good coffee, not red, good day I suppose.

>>21595940
your mattress

>>21594283
>>21594283
shameless bump need advice regarding chink banks, thanks

>>21596432
Still down 200 dollars in option calls

>>21596348
i mentioned this already, it's not really a concern it's just a question of what time frame you're working on.

>>21592982
>but it's pretty interesting and can be looked at on any time frame. i'd say the longer the time frame the longer you're probably looking to hold it before it returns to the mean which is where you'd probably want to exit your position or at least take some profit

like if you're trading it on 1 day worth of data you're probably taking profits on the order of minutes, more data likely means more time that you're planning on holding like hours or days or months or years. like the SPY graph, you'd be holding for like 2 months before it fully regressed to the mean. you could also potentially use multiple time frame analysis in your trades as well which could help back your trading choices.

so it's not really a big deal it's just that you should choose a data set that fits the time frame you plan on trading within, and there is a higher chance of taking trades that go with the trend (slope of the mean) than against it, but it's possible to take extreme values from either direction theoretically. probably also works best by scaling in and out of positions to de-risk yourself when possible, depends how risky/greedy you want to be, and having FA back you up too (this is a good company so im not gonna short the top values and im gonna buy the extreme dips) should also help.

>>21596432
2 AND A HALF WEEEKS OF RED, EVERYTHING I DO FAILS, IM GONNA END IT AAAAAAAAAAAAAAAAAAAAAAAA

>>21592505
>country shutdown
>WHY IS GDP DOWN?!?