/smg/ stock market general

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/smg/ stock market general Anonymous Mon Sep 9 12:42:30 2019 No.15537120 [Reply] [Original]

Rainy monday

CME Fedwatch:
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

brokers:
https://pastebin.com/mrSchZPg

basic stock market terminology:
https://pastebin.com/VtnpN5iJ

Free charting tools:
http://www.tradingview.com
https://www.koyfin.com/
https://www.finscreener.com/

Real-time market news:
https://twitter.com/realDonaldTrump

Educational sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://nhentai.net/tag/bear/

Stock screeners:
https://finviz.com/
https://www.tradingview.com/screener

Premarket Data:
https://www.investing.com/indices/indices-futures

Pump and Dump Advertising:
https://stocktwits.comt

Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

Suggested books:
https://pastebin.com/jgA5zTuC

List of hedge fund holdings:
https://fintel.io/

last thread:
>>15528027

>>	Anonymous Mon Sep 9 12:44:16 2019 No.15537143 File: 270 KB, 677x605, 1567975920466.png [View same] [iqdb] [saucenao] [google] HUUUUHHHHHHH AHHHHHHHHHHRRRRGGGGGGGH WHY HUUUUUUF ARE WE DROPPING

>>	Anonymous Mon Sep 9 12:44:18 2019 No.15537146 >>15537120 First for r/wallstreetbets

>>	Anonymous Mon Sep 9 12:44:43 2019 No.15537153 Third for gme puts

>>	Anonymous Mon Sep 9 12:45:07 2019 No.15537158 File: 146 KB, 1500x938, 79D55AC6-BA17-4E89-9E8A-04B1F17C4543.jpg [View same] [iqdb] [saucenao] [google] Buy ETSY Don't be a tourist!

Anonymous Mon Sep 9 12:45:37 2019 No.15537161

>>15536983
>>15537058

From previous thread

>so the highest profit margin must be just games and people get those online
Yes, specifically used games. GameStop can make a 50% profit on used games as opposed to a 10% profit on a new game. However, the used game market is in freefall
https://www.eurogamer.net/articles/2019-04-02-pre-owned-game-sales-are-in-freefall-in-the-uk
>fewer big-budget, triple-A video games coming out, the focus on Games as a Service and an increasing trend towards downloads has had a significant impact.
>Games, now, are designed to be played for months, even years on end, with live services key to ongoing publisher revenue. Fewer people are trading in games, which means there are fewer pre-owned games available to buy.
>And then there's the push for subscription services from the likes of Microsoft (Xbox Game Pass), Sony (PlayStation Now) and EA (Origin Access), among others, which sell you access to a library of titles for a monthly fee.

Plus, if you like a good old conspiracy
[YouTube] SHOCKING Gamestop Bombshell | Lying to Investors (embed)
>GameStop falsely selling new games as used games, GameStop's main source of revenue, to trick investors into thinking that the used game market is far larger than it actually is (Admittedly this is just conjecture right now)

Dead in the water

>>	Anonymous Mon Sep 9 12:45:42 2019 No.15537163 buy $T

Anonymous Mon Sep 9 12:45:45 2019 No.15537165

>>15537104
No I’m doing my first option right now and I’m not a fan.

MA has something going with crypto, but that shouldn’t matter. I guess I forgot where I was.

>>15537133
It’s just a rotation. These stocks went up huge, and now people are finally buying financials and industrials it seems like. Not sure if it’ll last.

>>	Anonymous Mon Sep 9 12:47:38 2019 No.15537180 >>15537161 >>15537165 Is something up with the volume of Gamestop puts? My order won't fill. In any case VISA looks like a great deal so I'm buying two shares.

>>	Anonymous Mon Sep 9 12:48:31 2019 No.15537188 File: 25 KB, 839x526, 1520022010104.png [View same] [iqdb] [saucenao] [google] SFM Bros where we at? $20 by the end of this week

>>	Anonymous Mon Sep 9 12:48:40 2019 No.15537189 Is Ford going to crab in the $9.50s forever?

>>	Anonymous Mon Sep 9 12:54:50 2019 No.15537247 What happens to my puts if pcg gets bought by San Francisco?

>>	LCIguy !7SgaW5KMQI Mon Sep 9 12:56:40 2019 No.15537265 >>15537189 i'm buying under 9 and selling calls at 10

>>	Anonymous Mon Sep 9 12:58:50 2019 No.15537285 why is vix up

>>	Anonymous Mon Sep 9 12:59:21 2019 No.15537294 Holy crap. When did RH get trailing stops? They’re really improving... Fug I gotta cancel some orders or sell some shit if I wanna buy more MA. And I do! But maybe I should wait...

>>	Anonymous Mon Sep 9 13:05:46 2019 No.15537343 >Fastly ...it's not looking so good bros. Will my 9/20 $33 calls be ok?

>>	Anonymous Mon Sep 9 13:07:18 2019 No.15537361 >>15537294 this is news to me. I was planning on ditching RH for someone with trailing stops but that makes a difference

>>	Anonymous Mon Sep 9 13:10:34 2019 No.15537390 File: 26 KB, 336x284, xcwil.png [View same] [iqdb] [saucenao] [google] go winnebago go

>>	Anonymous Mon Sep 9 13:11:06 2019 No.15537394 >>15537361 >stop losses Yes, show the MMs your hand. Make their job easier.

>>	Anonymous Mon Sep 9 13:17:06 2019 No.15537446 LCI plz stap plz no moar low plz aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>>	Anonymous Mon Sep 9 13:17:38 2019 No.15537451 >>15537188 I got 5 shares

>>	Anonymous Mon Sep 9 13:18:13 2019 No.15537457 glad I got distracted and didn't set Teva puts like I was going over the weekend.

>>	Anonymous Mon Sep 9 13:20:14 2019 No.15537478 File: 97 KB, 381x461, Explain your faggotry.jpg [View same] [iqdb] [saucenao] [google] What happened to Pinterest? Relentless bullshit going on.

>>	Anonymous Mon Sep 9 13:20:38 2019 No.15537483 >>15537446 I sold my puts too early.

>>	Anonymous Mon Sep 9 13:21:06 2019 No.15537486 >>15537446 Look at the bright side, at least B5G was right about the mid-teens this time

>>	Anonymous Mon Sep 9 13:24:56 2019 No.15537519 remind me again, when LCI $60? Still eoy?

>>	Anonymous Mon Sep 9 13:25:54 2019 No.15537526 ROKU -3.9%, is the big short on?

>>	Anonymous Mon Sep 9 13:27:07 2019 No.15537534 >>15537486 I'm still up around 50%. But it's not done yet. LCI is objectively better than before, and it was trading higher then. This needs a correction.

>>	Anonymous Mon Sep 9 13:30:50 2019 No.15537557 >>15537534 Can anyone sell me on LCI? I've honestly never done any DD or payed it much attention because of who was shilling it, but I might build a position during this dipping.

>>	Anonymous Mon Sep 9 13:36:30 2019 No.15537604 >>15537451 Those are rookie numbers. I got 60 shares

>>	Anonymous Mon Sep 9 13:38:49 2019 No.15537626 File: 92 KB, 777x652, 1567632969455.jpg [View same] [iqdb] [saucenao] [google] >>15537451 >>15537604 Based SFM bros

Anonymous Mon Sep 9 13:39:12 2019 No.15537635

>>15537557
LCIguy, if you're here make a copy pasta for LCI. I'm tired of constantly telling people what's happened.
>be LCI
>be doing ok with stock prices fluctuating between 20 and 30
>old CEO couldn't stay out of trouble
>stock falls
>new CEO tries fix
>still missing earnings
>August 2018, miss earnings, lose primary product (levothyroxine)
>short interest rises sky high
>stock price drops from mid teens to low singles
>guy gentile goes long, short seller jew goes short
>Tim crew, new CEO, turning company around
>win several contracts, recover levo, pay off debt, beat earnings estimates for whole year
>some price fixing investigation of generic drug companies in there, of which TEVA is targeted
>be recently
>LCI turning around under Crew
>see stock rise to now very quickly
>still not higher than when it was thought to be going to shit
>high institutional ownership, some of which is thrown into value funds
This is the basics

>>	Anonymous Mon Sep 9 13:39:44 2019 No.15537641 >>15537394 like my retail account makes a fucking difference

>>	Anonymous Mon Sep 9 13:42:51 2019 No.15537671 >>15537635 i'm in a similar state of mind as >>15537557 so thanks for the qrd.

>>	Anonymous Mon Sep 9 13:49:24 2019 No.15537729 >>15537626 Thank you for being so nice SFM frens We will make it together

Anonymous Mon Sep 9 13:49:41 2019 No.15537732
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All aboard the Zoetis rocket.
>314% growth since 2013
>recession-proof global industry.
>high ROIC
>diverse new product areas
> Zoetis generates roughly twice the revenue and 16x the profits of its closest competitor Elanco
>isn't too reliant on blockbuster brands, nor acquisitions, nor new products for growth. Instead, it's proving capable of maximizing the returns of each.

Zoetis is developing a pipeline of monoclonal antibodies to treat pain in dogs. Biologic drugs such as these are normally only used for humans but people tend to go to great lengths for their pets, and with significantly less regulatory oversight than human therapies this venture could well be a huge breakthrough in animal healthcare

We mooning now

>>	Anonymous Mon Sep 9 13:50:10 2019 No.15537736 File: 38 KB, 334x506, 1567463339674.jpg [View same] [iqdb] [saucenao] [google] >go all in cgc >Made 800$ last week on ACB >Expect to buy in bottom and watch it go up >Lose 1000$ Really hurts man

>>	Anonymous Mon Sep 9 13:52:31 2019 No.15537758 >>15537188 bought some $20 9/20 calls for your dubs and generally friendly pepe.

>>	Anonymous Mon Sep 9 13:53:53 2019 No.15537768 >>15537736 Speculate to accumulate. When legalization hits the US nationwide, this shit will be a blip.

>>	Anonymous Mon Sep 9 13:54:16 2019 No.15537773 >>15537732 considered it on the pullback, they're pretty hot lately >>15537736 you don't know pain

>>	Anonymous Mon Sep 9 13:58:53 2019 No.15537814 >>15537736 Please sell its not too late. Weed companies are the king of meme stocks. Its literally going to 5$. I think I warned you in a past thread not to buy as well. Please anon save your money this time.

>>	Anonymous Mon Sep 9 13:59:17 2019 No.15537818 File: 82 KB, 500x487, americans-spend-more-money-on-pets-yearly-than-germany-spends-14991053.png [View same] [iqdb] [saucenao] [google] >>15537732

Anonymous Mon Sep 9 14:00:26 2019 No.15537827

>Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced new data from its broad oncology portfolio and pipeline will be presented at the European Society for Medical Oncology (ESMO) 2019 Congress in Barcelona, Spain, from...

I kinda want to buy this pullback, but the conference isn't until Sept. 27-Oct. 1, 2019, but there are a LOT of keytruda combination presentations.

>>15537814
>tfw I'm in too deep
I think I'm stuck. Have to wait years now for legalization to move forward. Maybe the fat boomer will consider the gains to be made here...

Anonymous Mon Sep 9 14:01:52 2019 No.15537838

>>15535898
>you said you’d tell when
Literally any day besides today. It dipped one (1) time recently and I didn’t even buy then when I should have, otherwise it’s just been high divvy, ex divvy dates, good news, and back to school. You literally hate money at his point and can blame no one but yourself. You waited until the rocket took off before buying a ticket to the moon mission.

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 14:02:49 2019 No.15537843 >>15537736 5.7 must hold. we better pump 20% soon because on the monthly chart we are not too far away of a death cross. so now you're down 1000 or 200?

Anonymous Mon Sep 9 14:03:02 2019 No.15537845
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>>15537814
I just don't fucking know man. my brainlet mind won't press the button. Maybe I should wait a day. NO! two days! I need to at least get back to the 4 digit before 9/13 when the options contract ends! Someone please end me now.

>>	Anonymous Mon Sep 9 14:03:24 2019 No.15537851 File: 312 KB, 601x595, 1563297076787.png [View same] [iqdb] [saucenao] [google] >didn't buy LCI calls last week >anon tells me buy LCI puts friday >didn't buy >tfw you don't like making money

Anonymous Mon Sep 9 14:07:25 2019 No.15537880

>>15537161
Not to mention hatred by it’s core audience and even though pink haired hot topic users may say they love video gaems they don’t actually buy or play any or go into GameStops, which is why having a quarter of the store be PoP toys and Hot Topic clothes was a terrible idea.

>>	Anonymous Mon Sep 9 14:11:14 2019 No.15537902 Im all in $T, am i gonna make it bros?

>>	Anonymous Mon Sep 9 14:14:08 2019 No.15537918 File: 163 KB, 780x818, 1494705051964.png [View same] [iqdb] [saucenao] [google] >>15537814 >>15537845 Should I cut my losses and sell CGC? I don't have THAT much in it but if it ends up being a successful company...

Anonymous Mon Sep 9 14:16:15 2019 No.15537934

It's official, I just rotated out of UNH and into MA. I anticipate the debate to kick UNH down to it's recent lows, where I will reenter. I don't see much headline risk for MasterCard, even if their P/E is a little heavy. I can't own everything all the time, and that might be the worst thing about the stock market.

Actually, Warren might be bad for business all around. Wonder if that's why defense is selling off too.

>>15537838
Oof, I just don't have your eye for quality.

Any thoughts on what's driving today's silly-market rotation?

>>	Anonymous Mon Sep 9 14:21:40 2019 No.15537981 missed all my entry points bros DLTH UVXY TOPS WPG and now XERS

>>	Anonymous Mon Sep 9 14:23:28 2019 No.15538000 >>15537918 The current share price counts for nothing if you don't intend to sell. You only have losses to cut if you actually sell the shares. If you genuinely believe that the company will succeed then any dips are irrelevant.

>>	Anonymous Mon Sep 9 14:24:59 2019 No.15538015 OH SHIT I forgot about UNH's EX date on friday... I think I might've just gotten weak-hand-shookout... FUCKing democrats...

>>	Anonymous Mon Sep 9 14:25:21 2019 No.15538017 File: 11 KB, 620x349, 25F27F59-39D6-4C4D-AC3E-A2884557FA25.jpg [View same] [iqdb] [saucenao] [google] flop or moon?

>>	Anonymous Mon Sep 9 14:33:20 2019 No.15538092 >>15537918 Honestly it depends how bad you need the money or if you have better deals that would offset your losses and commission costs. Otherwise, forget about it and check in a year

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 14:33:56 2019 No.15538098 >tfw you hope for ROKU to bounce before close so you can short higher

>>	Anonymous Mon Sep 9 14:34:30 2019 No.15538106 >>15537814 CGC is a meme but ACB is

>>	Anonymous Mon Sep 9 14:35:51 2019 No.15538121 who bought LCI at low 6 and sold for 12-13 here?

>>	Anonymous Mon Sep 9 14:37:31 2019 No.15538141 Making that CHK money today boys Making that "I have a well paying job and nice investments too" feels pretty good ya

>>	Anonymous Mon Sep 9 14:38:11 2019 No.15538146 Think I'll focus on REITs now since everyone thinks there will a recession. That way I'll have more money each month to buy cheap stocks.

>>	Anonymous Mon Sep 9 14:39:33 2019 No.15538158 File: 21 KB, 423x245, dividends are your fren.jpg [View same] [iqdb] [saucenao] [google] THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>	Anonymous Mon Sep 9 14:39:36 2019 No.15538159 Holy crap the selloff just keeps going... my poor LMT and MA, my poor cloudcucks! Zoomers: Have you ever been to a shopping mall? In the past year? All of the GameStop's I've been to have been in malls.

>>	Anonymous Mon Sep 9 14:41:53 2019 No.15538174 >>15538146 been buying nothing but bond ETF's for the last 4 months.

>>	Anonymous Mon Sep 9 14:43:11 2019 No.15538192 >>15538158 You have any love for high yield bond etfs? I'm deciding between JNK and HYG.

>>	Anonymous Mon Sep 9 14:44:06 2019 No.15538202 >>15538017 earnings report on 9/11

>>	Anonymous Mon Sep 9 14:44:50 2019 No.15538207 Bad news is coming tonight, I can feel it.

>>	Anonymous Mon Sep 9 14:45:34 2019 No.15538213 >>15537838 You check out the BB's on MDP? CEO just bought 12,000 shares at $35/share, now holds about 100,000 shares. Could just be incompetent, the buys could be meaningless.

>>	Anonymous Mon Sep 9 14:47:16 2019 No.15538229 >>15538192 I have a small position in ANGL it's fallen angels so less risky than junk but slightly less returns. Still yields 5%/yr it's only 3% or so of my portfolio though. I feel like you can probably do better yields with stonks at the moment.

>>	Anonymous Mon Sep 9 14:47:44 2019 No.15538232 >>15538121 Bought LCI below 6. Not selling until it hits at least $20. I have made only bad decisions trying to time the market

>>	Anonymous Mon Sep 9 14:48:24 2019 No.15538240 >>15538232 LOL i hope you sell soon

>>	Anonymous Mon Sep 9 14:48:33 2019 No.15538244 >>15538017 I think you missed out last week man. I got 1000$ from options.

>>	Anonymous Mon Sep 9 14:49:09 2019 No.15538251 >>15538159 SHOP has been on a slide the past week. Today is a bloodbath

>>	Anonymous Mon Sep 9 14:49:39 2019 No.15538255 >>15538244 i saw the ride last week

>>	Anonymous Mon Sep 9 14:50:04 2019 No.15538257 >>15538192 not much, I don't invest in them personally. I usually stick with foundational dividend aristocrats and kings (PG, JNJ, KO, LEG, PH, T) while also investing in the up and comer dividend growers (AAPL, CSCO, SBUX, MSFT)

>>	Anonymous Mon Sep 9 14:50:19 2019 No.15538262 Opinion on gold miner stocks?

>>	Anonymous Mon Sep 9 14:50:31 2019 No.15538264 Stop gambling on options.

>>	Anonymous Mon Sep 9 14:51:56 2019 No.15538278 ACB earnings 9/11 they sold their dutchman shares and got increased credit last month

>>	Anonymous Mon Sep 9 14:52:33 2019 No.15538288 >>15538240 Lol why so u can steal my gains? Not gonna happen. LCI to $60

>>	Anonymous Mon Sep 9 14:53:15 2019 No.15538295 >>15538146 >Think I'll focus on REITs now since everyone thinks there will a recession. look into ones geared towards nursing homes. Profit off the decrepitude of the Boomer.

>>	Anonymous Mon Sep 9 14:53:19 2019 No.15538296 >>15538288 bruh. gl

>>	Anonymous Mon Sep 9 14:53:35 2019 No.15538300 >>15538159 I'm 21 and usually go to a mall once or twice a year. Mainly for Christmas shopping.

>>	Anonymous Mon Sep 9 14:55:17 2019 No.15538315 >>15538300 Thanks and checked I figured everyone would be using Internet and Walmart/target

>>	Anonymous Mon Sep 9 14:57:08 2019 No.15538327 Thoughts on REIT funds? Thinking of rebalancing 10% of wife's retirement to VGSIX. Currently 55% total us, 35% total international, 10% bonds on 200k. Mine is similar but with a 10% tilt on small cap value but that's been shit for like 2 years.

>>	Anonymous Mon Sep 9 14:58:02 2019 No.15538338 >>15538327 just buy actual real estate. its a good tax shelter.

>>	Anonymous Mon Sep 9 14:58:35 2019 No.15538344 File: 166 KB, 1440x2880, Screenshot_20190909-135737.png [View same] [iqdb] [saucenao] [google] >>15538264 No, it's the poorfags only (heh) option.

>>	Anonymous Mon Sep 9 14:59:28 2019 No.15538353 >>15538338 LOL property taxes

>>	Anonymous Mon Sep 9 15:00:24 2019 No.15538362 >>15538353 Lol write off all that shit with maintenance and repairs

>>	Anonymous Mon Sep 9 15:01:26 2019 No.15538372 >>15538264 Why? its the only thing that makes sense to me

>>	Anonymous Mon Sep 9 15:01:30 2019 No.15538373 >>15538338 >just buy actual real estate. requires a lot of time+work to do profit off it tho. I don't feel like unclogging toilets for NPCs at 3am.

>>	Anonymous Mon Sep 9 15:02:46 2019 No.15538382 >>15538362 that will work

>>	Anonymous Mon Sep 9 15:03:21 2019 No.15538384 >>15538382 As long as you aren’t living there

>>	Anonymous Mon Sep 9 15:03:31 2019 No.15538385 >>15538158 At what yearly gains is your cutoff? Everyone seems to falaciate Pfiezer, but they're up 15% for 5 years and have a 4% dividend. WOOOHOO! 7%/year!

>>	Anonymous Mon Sep 9 15:03:36 2019 No.15538388 File: 17 KB, 890x472, Capture.png [View same] [iqdb] [saucenao] [google] >>15538372 >>15538264

>>	Anonymous Mon Sep 9 15:03:50 2019 No.15538394 >>15538338 I'm in school so there's really no point in dealing with that now. We have 250k cash and 500k on the market. REIT is there definition of buying high though

>>	Anonymous Mon Sep 9 15:03:54 2019 No.15538395 >>15538362 its baked into the rent. >>15538373 get a property manager

>>	Anonymous Mon Sep 9 15:04:12 2019 No.15538401 >>15538384 no it wont work

>>	LCIguy !7SgaW5KMQI Mon Sep 9 15:04:59 2019 No.15538409 >>15538240 LCI to $60

>>	Anonymous Mon Sep 9 15:05:32 2019 No.15538415 >>15535736 It's a metal hat designed to fit 5 shotguns pointed inward towards the wearer's cranium and fire at the same time. I believe it was actually used once and now it's in the Smithsonian.

>>	Anonymous Mon Sep 9 15:05:40 2019 No.15538417 if you bought LCI at $6 you more than doubled your money. SELL

>>	Anonymous Mon Sep 9 15:06:20 2019 No.15538425 >>15538401 Sure bruh. Incorporate. Throw that shit on the books. Profit.

>>	Anonymous Mon Sep 9 15:07:03 2019 No.15538432 >>15538425 they will just lower your cap rate. you will pay tax

>>	Anonymous Mon Sep 9 15:07:43 2019 No.15538442 >>15538417 >be (you) few years ago >omg if you bought AMZN at $100 you more than doubled your money. SELL. Lol! No.

>>	Anonymous Mon Sep 9 15:08:49 2019 No.15538458 >>15538442 SELL

Anonymous Mon Sep 9 15:10:08 2019 No.15538469

>>15538432
>you WILL pay tax
What is it with you and trying to make people lose money? If it's a business literally EVERYTHING I do with it can be itemized. Gotta drive to my property to inspect it? Some of that gas is written off. Any depreciation of a part of the house? Tax write off. Spend money to repair it? Even more tax write off.

>>	Anonymous Mon Sep 9 15:10:23 2019 No.15538473 If you don't buy DWT at 5.55, you're basically retarded and admitting you hate money

>>	Anonymous Mon Sep 9 15:10:25 2019 No.15538474 What happens if i let my call option expire if its still under the strike price? Will i loose money or does the contract not execute at all and i dont lose or gain money? This is on robinhood.

>>	LCIguy !7SgaW5KMQI Mon Sep 9 15:10:25 2019 No.15538475 >>15538417 Lol.. dude.. LCI to $60 >>15537635 Thanks.. I'll have to add to it and save it later.. I'm phone posting today..

>>	Anonymous Mon Sep 9 15:11:26 2019 No.15538485 >>15538432 >not compartmentalizing all your assets into an S type corp >only pay yourself when you want to buy something >run the company at a "loss"

>>	Anonymous Mon Sep 9 15:11:46 2019 No.15538486 File: 676 KB, 1078x1520, 1568055646540.jpg [View same] [iqdb] [saucenao] [google] How do I write calls on piggies?

>>	Anonymous Mon Sep 9 15:11:52 2019 No.15538490 >>15538469 Lol, enjoy your audit

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 15:11:53 2019 No.15538491 >>15538458 long term lci is still hugely oversold... if he bought at 6 he has the luxury of not giving a fuck with a -25% correction

>>	Anonymous Mon Sep 9 15:12:02 2019 No.15538494 >>15538395 >get a property manager profit margin is thin enough isn't it? Or is it supposed to lose just $ to be a big tax write off? How would that be when your rental properties should be their own LLCs?

>>	Anonymous Mon Sep 9 15:12:09 2019 No.15538495 SELL LCI ALL IN ON ACB ACB EARNINGS WEDNESDAY

>>	Anonymous Mon Sep 9 15:12:34 2019 No.15538501 File: 379 KB, 1200x1494, EDSlg2_U8AAeXKc.jpg [View same] [iqdb] [saucenao] [google] >>15538417 I bought it at 13.30 because I love to buy high and sell low.

>>	Anonymous Mon Sep 9 15:12:56 2019 No.15538505 >>15538469 >property taxes can be written off lmao

>>	Anonymous Mon Sep 9 15:13:36 2019 No.15538514 >>15538485 nope. under the line expenses dont count >>15538475 SELL

>>	Anonymous Mon Sep 9 15:13:59 2019 No.15538521 >>15538495 Please moon so I can wipe that boil off my lolfolio

>>	Anonymous Mon Sep 9 15:14:08 2019 No.15538523 >>15538491 SELL LCI

>>	Anonymous Mon Sep 9 15:14:55 2019 No.15538533 Oh yeah... September is supposed to be a terrible month for stocks...

Anonymous Mon Sep 9 15:15:04 2019 No.15538534

>>15538494
Property managers will generally take between 5-10% of rental income. Work out how much it will cost to manage the property yourself in terms of transport costs, lost time, reference checks, etc.

It will probably save you money to leave the property in the hands of a manager. If you have a job you will lose more money in lost hours than you will save by managing the property yourself.

>>	Anonymous Mon Sep 9 15:17:44 2019 No.15538554 >>15538362 This. Also buy appliances and return them, but also keep the receipts for tax purposes. You can do this without the appliance ever leaving to store.

>>	Anonymous Mon Sep 9 15:17:53 2019 No.15538557 >>15538534 huh. I've been thinking of getting into landlording but the biggest reason i won't is time constraints. Would a manager really take on one property for the equivalent of $60 a month? (avg rent here is $600/mo)

>>	Anonymous Mon Sep 9 15:18:26 2019 No.15538566 File: 95 KB, 1053x322, SmartSelect_20190909-151732_Firefox.jpg [View same] [iqdb] [saucenao] [google] >>15538505 >>15538490 https://www.allpropertymanagement.com/blog/post/10-rental-property-tax-write-offs-youd-be-crazy-to-ignore/ Lol @ the taxlets

>>	Anonymous Mon Sep 9 15:18:36 2019 No.15538567 So what's the deal with fastly?

>>	Anonymous Mon Sep 9 15:19:57 2019 No.15538582 >>15538486 >African Swine Fever How did it get to China? Damn. Nowhere is safe.

>>	Anonymous Mon Sep 9 15:20:13 2019 No.15538583 File: 537 KB, 750x400, 26B91A2F-394B-44D1-B2D7-BDC013E86F92.png [View same] [iqdb] [saucenao] [google] >>15538566 >blog

>>	Anonymous Mon Sep 9 15:20:45 2019 No.15538589 >>15538557 Property manager average is 10% plus one months rent. So yeah, a firm will take it on.

>>	Anonymous Mon Sep 9 15:21:30 2019 No.15538598 >implying property taxes wont wreck u l0l

Anonymous Mon Sep 9 15:22:34 2019 No.15538611

>>15538557
It's a fairly standard price, can't speak for you area but across the board 5-10% is normal. They can manage hundreds of properties simultaneously as there will only ever be a handful that will have issues that need addressing at any one time.

Talk to some local letting agents and see what prices they offer. Remember to pick a letting agent that prioritises quality of tenant over filling the property ASAP. It will benefit you a lot more in the long run to miss out on a month's rent finding a tenant that will stay long term and keep the property in good condition than letting it on day one only for it to be trashed within a year

>>	Anonymous Mon Sep 9 15:25:02 2019 No.15538635 >>15537981 Dude you just buy it

Anonymous Mon Sep 9 15:25:35 2019 No.15538638
File: 687 KB, 1078x1677, SmartSelect_20190909-152415_Firefox.jpg [View same] [iqdb] [saucenao] [google]

>>15538583
>implying the information isnt factual
Ok last one for you taxlet. Hopefully you put it to good use
https://www.irs.gov/businesses/small-businesses-self-employed/tips-on-rental-real-estate-income-deductions-and-recordkeeping

>>	Anonymous Mon Sep 9 15:26:11 2019 No.15538643 >>15538474 If the option expires worthless it expires worthless, you lose the money you used to buy it

>>	Anonymous Mon Sep 9 15:26:37 2019 No.15538646 >>15537918 At least wait 3-12 month when their production gets ramped up so high everyone else goes out of business. CGC will be the price decider in the industry. I have a lot of money on them and gnln

Anonymous Mon Sep 9 15:27:53 2019 No.15538663

>>15538611
>Talk to some local letting agents and see what prices they offer. Remember to pick a letting agent that prioritises quality of tenant over filling the property ASAP. It will benefit you a lot more in the long run to miss out on a month's rent finding a tenant that will stay long term and keep the property in good condition than letting it on day one only for it to be trashed within a year
yeah I felt the same way. I'd be willing to freeze rent for any tenant that always paid rent on time and did no damage. My main interest in getting a house is to have someone else pay for my leverage to get other properties, and to be able to have someone else pay for my kids house.

>>	Anonymous Mon Sep 9 15:27:56 2019 No.15538665 fellas i had my order for UGAZ at 11.20 entered for 100% of my port and I pussed out. F for me I KNEW NAT GAS WOULD GO BACK OVER 3 DOLLARS FUCK MY FUCKING ASSHOLE

>>	Anonymous Mon Sep 9 15:29:56 2019 No.15538679 >>15538638 >may

>>	Anonymous Mon Sep 9 15:31:00 2019 No.15538692 >>15538638 You can also find receipts from places like Home Depot and Lowe's and deduct them.

Anonymous Mon Sep 9 15:31:33 2019 No.15538698

>>15538663
Offer rent on your property at slightly below the market rate for the quality of house you're offering. Prospective tenants will know that there is no way they could possibly get a house of that standard anywhere else so will go out of their way to take care of it and ensure that they remain on good terms with you

>>	Anonymous Mon Sep 9 15:31:38 2019 No.15538699 >>15538692 unimaginably patrician

>>	Anonymous Mon Sep 9 15:32:15 2019 No.15538702 OOOOOOOOH Mnuchin bullshitted the market this morning, saying trade talks were going well. THATS why were getting the industrial/energy rally. Jeez, you guys could’ve told me that.

>>	Anonymous Mon Sep 9 15:32:55 2019 No.15538707 >>15538679 if you are only running a couple of properties as a small time landlord, they all apply.

>>	Anonymous Mon Sep 9 15:33:00 2019 No.15538710 PAY PROPERTY TAX

>>	Anonymous Mon Sep 9 15:33:01 2019 No.15538711 >>15538474 obviously you lose money or there would be literally no downside to options and everyone on Earth would be billionaires

>>	LCIguy !7SgaW5KMQI Mon Sep 9 15:33:06 2019 No.15538716 >>15538523 >>15538514 Why would I sell LCI now when it's going to $60?.. I think you might be a little confused.. you should probably lurk more...

Anonymous Mon Sep 9 15:33:08 2019 No.15538717

>>15538679
Lol you've never itemized before have you? I can tell. You probs dont do enough to itemize. Every deduction is a 'may' because you dont have to deduct shit. It is not required. You can pay your full taxes without deductions. Lol why do you want to pay more taxes? I'm literally teaching you faggots some of the most useful information you can ever have in the US, and you're just here sneering at it? Lmao fucking pay all your taxes then. Be poor.

>>	Anonymous Mon Sep 9 15:33:46 2019 No.15538725 >>15538707 >tax laws are the same everywhere

>>	Anonymous Mon Sep 9 15:34:24 2019 No.15538730 >>15538692 While that may be true, that is illegal. I try to be good goy and not risk the government on my ass.

>>	Anonymous Mon Sep 9 15:34:37 2019 No.15538732 >>15538717 why do you think im talking about federal taxes? are you a brainlet

Anonymous Mon Sep 9 15:36:46 2019 No.15538754

>>15538725
.... damn I've never seen such a taxlet before in my life. Are you 18? Take the great state of Texas. No income tax. They make up for it with high property taxes determined by local counties. The IRS, your FEDERAL tax boys, allow you to include your LOCAL property tax as an EXPENSE for your BUSINESS which is DEDUCTIBLE. How hard can this be to understand?

>>	Anonymous Mon Sep 9 15:38:48 2019 No.15538769 File: 10 KB, 238x360, 71E20DE7-C7B4-4FC9-89FF-A86A0AA2F85F.jpg [View same] [iqdb] [saucenao] [google] >>15538754 >what works in Taxas will work in other states lmao

>>	Anonymous Mon Sep 9 15:39:20 2019 No.15538776 >>15538725 state tax laws aren't appreciably different with regards to being a land lord.

>>	Anonymous Mon Sep 9 15:39:49 2019 No.15538785 Fuckin WKHS getting pummeled the past few days

>>	Anonymous Mon Sep 9 15:40:20 2019 No.15538793 File: 78 KB, 850x478, 3CAE5B9F-0CA8-4D65-B500-06C19A87FAD9.jpg [View same] [iqdb] [saucenao] [google] >>15538776 >not different lel please just stop

>>	Anonymous Mon Sep 9 15:40:22 2019 No.15538794 >>15538769 its a federal law dumb fuck, of course it works in other states.

>>	Anonymous Mon Sep 9 15:40:38 2019 No.15538795 >>15538716 >Why would I sell LCI now when it's going to $60?.. rough ballpark estimate of when that will be happening fren?

>>	Anonymous Mon Sep 9 15:41:23 2019 No.15538800 >>15538793 not what i said, try again with more reading comprehension.

>>	Anonymous Mon Sep 9 15:41:54 2019 No.15538803 >>15538769 >state charges you property tax >IRS, a federal tute facilitates property tax write off regardless of state >(you): lmao you cant deduct that property tax on your IRS tax return! Your state wont let you ok

>>	Anonymous Mon Sep 9 15:41:59 2019 No.15538806 >>15538785 Babies first pump and dump.

>>	Anonymous Mon Sep 9 15:42:05 2019 No.15538809 File: 79 KB, 237x217, 31335B82-1459-41B0-BE17-862A7AFF88C6.png [View same] [iqdb] [saucenao] [google] >>15538794 hey brainiac... did you know you still gotta PAY property taxes? lmao

>>	Anonymous Mon Sep 9 15:43:20 2019 No.15538824 File: 829 KB, 640x360, E99B6A5F-8F21-41A0-8BC7-7AC40CD57F2F.gif [View same] [iqdb] [saucenao] [google] >>15538803 >>15538800 do you even know what deductibles are? you still pay taxas lmao

>>	Anonymous Mon Sep 9 15:43:21 2019 No.15538825 File: 188 KB, 326x416, k1x.png [View same] [iqdb] [saucenao] [google] Everyone wants a WGO

>>	Anonymous Mon Sep 9 15:46:38 2019 No.15538861 >>15538794 >>15538776 >>15538769 Trump capped the SALT (State and Local Taxes) exemption at 10k with his new tax law. Taxfags btfo

>>	Anonymous Mon Sep 9 15:47:48 2019 No.15538873 File: 422 KB, 873x655, 1BD5DFFF-FFD0-4217-AA7E-F8BA0855463C.png [View same] [iqdb] [saucenao] [google] >>15538825 Quiet your bragging and eat your doggies

>>	Anonymous Mon Sep 9 15:47:49 2019 No.15538874 >>15538809 and i ball that cost in with the rent like everyone else. you don't actually need to get positive cashflow out of a property in order to see gains. you get your gains off appreciation and principle on the mortgage.

>>	Anonymous Mon Sep 9 15:48:33 2019 No.15538880 >>15538874 >increase rent enjoy increased taxes

>>	Anonymous Mon Sep 9 15:49:09 2019 No.15538885 >>15538861 >exemption at 10k with his new tax law. way more than i pay. don't care.

>>	Anonymous Mon Sep 9 15:49:30 2019 No.15538888 >>15538806 So WKHS to -0.50?

>>	Anonymous Mon Sep 9 15:49:50 2019 No.15538891 >>15537180 How the fuck is Visa rising 24/7? Holy fucking shit look at that 5 Yr graph. Can Any1 explain?

>>	Anonymous Mon Sep 9 15:49:55 2019 No.15538892 >>15538885 >10k t. landlord of a 4 unit duplex

>>	Anonymous Mon Sep 9 15:51:01 2019 No.15538901 >>15538891 Cashless society

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 15:51:01 2019 No.15538902 >>15538891 good business model

>>	Anonymous Mon Sep 9 15:51:21 2019 No.15538907 >>15538873 I switched it up today and made Toad in the Holes

>>	Anonymous Mon Sep 9 15:51:28 2019 No.15538909 >>15538892 Isn't that a multiplex then?

>>	Anonymous Mon Sep 9 15:51:31 2019 No.15538910 >>15538880 i only get taxed on positive cashflow.

>>	Anonymous Mon Sep 9 15:52:15 2019 No.15538919 File: 226 KB, 540x748, 953AF605-63D8-480F-B388-A71BA0001658.png [View same] [iqdb] [saucenao] [google] >>15538909 >>15538910

>>	Anonymous Mon Sep 9 15:52:53 2019 No.15538924 >>15538901 >>15538902 The question is, will it keep rising? What would make it stop? I'm honestly fucking intrigued

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 15:53:05 2019 No.15538925 >>15538891 also check companies like ROL, UNH and UNP

>>	Anonymous Mon Sep 9 15:53:26 2019 No.15538929 >>15538824 You're arguing semantics? >you still PAY taxes >you get all that money back but you still have to pay it first >lmao dont even bother with real estate cause those taxes lol ok

>>	Anonymous Mon Sep 9 15:54:29 2019 No.15538942 >>15538909 I think they literally call them "4-plex"

>>	Anonymous Mon Sep 9 15:54:44 2019 No.15538945 ACB TO $18

>>	Anonymous Mon Sep 9 15:55:29 2019 No.15538954 >>15538924 The USA is lagging behind the rest of the west in terms of transitioning to a cashless society, they don't even have Chip and PIN. There is still plenty of room for growth. Electronic payments will continue to dominate the market

>>	Anonymous Mon Sep 9 15:57:33 2019 No.15538982 File: 76 KB, 685x684, kumikohonk.jpg [View same] [iqdb] [saucenao] [google] anybody else sold shitty T before it fell today? trash management, idk why i even bought in before desu

Anonymous Mon Sep 9 15:57:41 2019 No.15538985

>>15538892
fuck no. multifamily dwellings suck ass. i have a couple studio condo's, a granny 1 br, and a warehouse.

my tenants are nothing but lonely ass people who don't do shit and won't tear up my units. running a daycare facility or bro-dude flophouse is a recipe for eating many thousand $ repairs.

my one tenant works 12 hours a day and just eats out all the time, the stove is spotless.

>>	Anonymous Mon Sep 9 15:57:54 2019 No.15538987 >>15538954 >cashless society That sounds really dystopian.

>>	Anonymous Mon Sep 9 15:58:39 2019 No.15538997 >>15538985 >warehouse very nice. Amazon will buy you out

Anonymous Mon Sep 9 15:59:03 2019 No.15539001
File: 94 KB, 1280x720, animu_dubs.jpg [View same] [iqdb] [saucenao] [google]

>>15537120

Appropriate thread. Rainy as fug here today. And chilly. I took a sick day from wagies to have a comfy sit in blanket and trade today.

But no trades. Just holds. Green Thumb making moves. Staying above that 50 day average like a god damned CHAMPION.

Anonymous Mon Sep 9 16:02:24 2019 No.15539021
File: 29 KB, 530x298, smgafterhours.jpg [View same] [iqdb] [saucenao] [google]

Ding ding ding! How did everyone do today? I'm up .60%, pretty good day even with CGC doing poorly. Feeling good.
15.80 limit sell triggered and took all my BWL/A from me ;_;
Now I have to wait until the gutter gods give me more. Do it, do it! NOW!

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 16:02:51 2019 No.15539028 GME and TLRD have been killers these past days

>>	Anonymous Mon Sep 9 16:03:09 2019 No.15539031 File: 124 KB, 1080x2160, Screenshot_20190909-160137.png [View same] [iqdb] [saucenao] [google] >>15539021 Today was a good day.

>>	Anonymous Mon Sep 9 16:03:10 2019 No.15539030 File: 225 KB, 700x450, B208DAB9-59DC-4BFC-ACFD-87645D9799A5.jpg [View same] [iqdb] [saucenao] [google] >>15539021 chillis dont have a raw bar.

>>	Anonymous Mon Sep 9 16:03:36 2019 No.15539039 File: 228 KB, 419x504, xkoume.png [View same] [iqdb] [saucenao] [google] >>15539021 made another million today bowl america is just showing off

>>	Anonymous Mon Sep 9 16:03:41 2019 No.15539040 File: 330 KB, 1125x893, 446855F3-0F44-4B13-8388-E4A9CE136873.jpg [View same] [iqdb] [saucenao] [google] >be me >but the momentum etf I’ve been eyeing >this fucking happens >biggest 1-day momentum shift

>>	Anonymous Mon Sep 9 16:05:01 2019 No.15539052 >>15538523 I’ll take your bags

>>	Dobber !!qEeBALi+hGB Mon Sep 9 16:05:22 2019 No.15539055 File: 158 KB, 750x1334, B7A56C3B-3374-4CE3-B040-1A785121B5A4.png [View same] [iqdb] [saucenao] [google] >>15539021 >dude when tmf falls upro is supposed to rise! >tmf -5.45% >upro +0.02% i got meme‘d on today.

>>	Anonymous Mon Sep 9 16:06:39 2019 No.15539062 >>15539052 sell

>>	Anonymous Mon Sep 9 16:07:00 2019 No.15539064 >>15539021 Down 0.5%, pretty boring day overall. Picked up some KR and CLOU near the end.

>>	Anonymous Mon Sep 9 16:08:34 2019 No.15539074 holy fucking shit how fucking juicy is AYX looking right about now? i'm holding out for just below $100 but omfg look at that baby drop

>>	Anonymous Mon Sep 9 16:08:47 2019 No.15539077 File: 719 KB, 1500x1065, basubaru18.jpg [View same] [iqdb] [saucenao] [google] >>15539021 Good day. +2.25%.

>>	Anonymous Mon Sep 9 16:09:14 2019 No.15539082 File: 99 KB, 746x512, 1528261825666.png [View same] [iqdb] [saucenao] [google] >>15539039 You're scary desu. But I like u anyway. Even tho you're evil. Fren?

>>	Anonymous Mon Sep 9 16:09:38 2019 No.15539088 File: 23 KB, 530x298, 355B69E2-3748-492A-8700-46D7E6B84FB2.jpg [View same] [iqdb] [saucenao] [google] >>15539021 >>15539040 +0.59% -0.73% -0.08% All in all, pretty shit day. Toad in the hole sounds yummy

>>	Anonymous Mon Sep 9 16:10:06 2019 No.15539093 File: 138 KB, 1312x2560, Screenshot_20190909-130926.png [View same] [iqdb] [saucenao] [google] >>15539021 Doing pretty good ding ding poster, thank you for asking

>>	Anonymous Mon Sep 9 16:10:49 2019 No.15539100 >>15539064 Really? Was it because I’ve been talking about CLOU? There’s a lot of names I don’t know on it, and it has NO history.

>>	Anonymous Mon Sep 9 16:11:33 2019 No.15539107 >>15539100 Shop is a big holding and scheduled to moon once it finishes correcting.

>>	Anonymous Mon Sep 9 16:11:37 2019 No.15539108 >>15539028 I'm going short on GameStop before earnings

>>	Anonymous Mon Sep 9 16:12:39 2019 No.15539115 File: 289 KB, 1242x2208, 63442CC4-A1D1-4FF3-A99E-7DFA0EA40191.png [View same] [iqdb] [saucenao] [google] >>15539021 LCI options wrecked me today cause of the downward action but still up a shitload

>>	Anonymous Mon Sep 9 16:13:38 2019 No.15539120 >>15539108 Imagine burry’s face while you do it

>>	Anonymous Mon Sep 9 16:14:35 2019 No.15539131 File: 637 KB, 616x591, xrez.png [View same] [iqdb] [saucenao] [google] >>15539082 absolutely, but be careful what you wish for

>>	Anonymous Mon Sep 9 16:15:35 2019 No.15539143 >>15539107 Yep, that’s one of the ones I know, and it’s a huge weighting. And it’s nice that it’s a fee-free etf...

>>	Anonymous Mon Sep 9 16:17:19 2019 No.15539158 >>15539131 I want a ratsufren! Hands and all!

>>	Anonymous Mon Sep 9 16:19:27 2019 No.15539180 >>15539120 I will, this is a PND if I've ever seen one

>>	Anonymous Mon Sep 9 16:23:47 2019 No.15539226 >>15539021 Im sad i live in the south and 99% of chain restaurants are disgusting and all ex-felon blacks in the back :( chilis included

Anonymous Mon Sep 9 16:25:24 2019 No.15539238

>>15539120
I still don't understand Burry's logic. Gamestop is fucking dead. Everyone with a few braincells uses steam or g2a.
>>15538925
Thanks, they seem compelling, I just couldn't find rol, cuz my broker doesn't work like that. Solid stocks for longterm passive investing though.

Anonymous Mon Sep 9 16:27:08 2019 No.15539259

>>15539226
You’re a faggot. The south literally has the best food. I hate nigger but some of the best spicy fried chicken is in Nashville at prince’s fried chicken. Niggers make some good ass spicy chicken there. Untold amount off nigger and white bbq places around. Fucking mexicans in the south are the best mexicans in the country as far as work ethic and culinary arts. I dont live in the south anymore sadly and miss all the great food. The west cosst has the shittiest food in the world, even the best restaurants are literal garbage

Anonymous Mon Sep 9 16:28:33 2019 No.15539274

>>15539238
I don’t either. The interview on ZH made it seem like new consoles coming out with optical drives was the key. Maybe he’s convinced himself it won’t go lower. It’s basically a brick and mortar getting killed by amzn and the like. Is it an asset play or something?

>>	Anonymous Mon Sep 9 16:29:49 2019 No.15539286 >>15539259 Whoa somebodys mad for some reason, are you a nig?

>>	Anonymous Mon Sep 9 16:30:26 2019 No.15539294 >>15539286 No i just love southern food. I really hate niggers a lot

>>	Anonymous Mon Sep 9 16:31:34 2019 No.15539308 >>15539294 Well your food sucks dick and so do you :^) an average chilis/kfc is gourmet compared to what the south passes off as food

>>	Anonymous Mon Sep 9 16:32:37 2019 No.15539320 >>15539308 average chilis/kfc in the north

>>	Dobber !!qEeBALi+hGB Mon Sep 9 16:33:20 2019 No.15539333 >>15539259 >The south literally has the best food I, along with others, prefer a healthy balanced diet that isn‘t 75% fried chicken.

>>	Anonymous Mon Sep 9 16:34:10 2019 No.15539341 >>15539308 Did you decide to come into smg and talk about food? Where are you from that has such great food? What places are you even eating at? Where yelp tells you too? Lmao

>>	Anonymous Mon Sep 9 16:35:09 2019 No.15539355 >>15539341 Did you come into /smg/ to defend your shitty retard-iq illiterate region?

>>	Anonymous Mon Sep 9 16:35:12 2019 No.15539357 .

>>	Anonymous Mon Sep 9 16:35:25 2019 No.15539360 >>15539308 Damn everyone hating on some fucking ribs and steak. You guys are literal faggots. Enjoy BYND in your ass

>>	Anonymous Mon Sep 9 16:35:30 2019 No.15539361 >>15539308 >>15539294 #BlackKnivesMatter The Cajun food I’ve had has been delicious, and that’s like pretty black I think. Black French, like the three musketeers guy.

>>	Anonymous Mon Sep 9 16:36:45 2019 No.15539382 >>15539355 >0 posts by this id about stocks

>>	Anonymous Mon Sep 9 16:37:25 2019 No.15539391 Southern food is delicious if you're not a low test, onions loving, cum drinking, Yankee libtard fucker T. Californian :^) Short GME

>>	Anonymous Mon Sep 9 16:38:20 2019 No.15539401 Oof, I hope everyone holding Ford and Wendy’s took some profits. I think I will buy some CLOU afterhours, and maybe some more of those beatendown ETFs, SPLV and MTUM.

>>	Anonymous Mon Sep 9 16:40:09 2019 No.15539415 In summary the south has garbage people and garbage food :^)

>>	Anonymous Mon Sep 9 16:40:55 2019 No.15539421 File: 7 KB, 250x198, 1567064731697s.jpg [View same] [iqdb] [saucenao] [google] >>15537736 >Lost 1100 in total today

>>	Anonymous Mon Sep 9 16:42:38 2019 No.15539441 >>15538888 Yes, negative fifty cents.

Anonymous Mon Sep 9 16:46:25 2019 No.15539475
File: 403 KB, 1125x1648, 47BB8AE8-F1D4-4FA1-8FE4-7FEBC059E0CA.jpg [View same] [iqdb] [saucenao] [google]

When do you add more to your favorite stocks?

Shits all red, can’t decide if this move is going to last. And we seem to be getting some real resistance before we can approach 3000.

>>	Dobber !!qEeBALi+hGB Mon Sep 9 16:48:00 2019 No.15539487 >>15539475 >single digit shares anon, I...

Anonymous Mon Sep 9 16:51:27 2019 No.15539521

>>15539487
How wealthy do you think I am? LMT is expensive! If you must know, I’m holding a lot more MRK and DIS in my IRA.

And so much fucking MO. Goddamn they’re really going after these guys hard. I gotta stop listening to CNBC, the fud is getting real.

>>	Anonymous Mon Sep 9 17:08:49 2019 No.15539641 So I know the best option for an ira seems to be roth, but should I go for a traditional or roth 401k? For the record, I'm 25

>>	Anonymous Mon Sep 9 17:09:42 2019 No.15539654 >>15539521 >And so much fucking MO. Goddamn they’re really going after these guys hard. Tobacco wrote a lot of checks to GOP people, many of whom are still in office. Can't see the Trump admin giving them more than a slap on the wrist.

>>	Anonymous Mon Sep 9 17:11:36 2019 No.15539668 >>15539333 >I, along with others, prefer a healthy balanced diet that isn‘t 75% fried chicken. Why don't you and pendy go canoodle your dicks together at a sushi place?

Anonymous Mon Sep 9 17:15:46 2019 No.15539696

>>15539641
I’d say Roth, because you’ll probably be in a higher tax bracket when you’re older, but who knows what taxes will be like in 50 years.

>>15539654
Maybe, but there’s bigtime risk from the FDA, who can’t seem to get their shit together over this stuff, and can’t tell why people are suddenly dying when that never happened before. And there’s still risk from legislature and the courts.

>>	Anonymous Mon Sep 9 17:17:12 2019 No.15539711 IDEXX labs pulling back as well... Shit, I’m so adhd with my stocks. Should just stick to a few.

Anonymous Mon Sep 9 17:22:03 2019 No.15539747
File: 311 KB, 1440x764, 1561918810703.jpg [View same] [iqdb] [saucenao] [google]

>>15539696
Fair point, and I've read a good amount of people saying that taxes are pretty low right now and will probably only go up. So better contribute now while I have the chance. Cheers, friend. Gonna contribute 4 percent for now, although if I want the full amount my employer will match I'll need to make a bigger contribution down the road (although they only match 2 percent of my total income for 50 percent of my contributions. Lame)

Anonymous Mon Sep 9 17:24:55 2019 No.15539762
File: 1.64 MB, 1440x1440, temp.png [View same] [iqdb] [saucenao] [google]

>>15539747
Also letting fidelity manage my 401k for the time being. Set it to be pretty high risk, but anyways they set it as
>57.8 percent domestic stock
>24.2 percent foreign stock
>17.0 percent bonds
>1.0 percent short term
Seems even a bit safe with how big that bond chunk is, but sound good? I'm not opposed to managing it myself, but id rather let this be somewhat safe and my IRAs can be dedicated to more tweaking.

>>	Anonymous Mon Sep 9 17:25:19 2019 No.15539765 File: 43 KB, 485x486, 0F2B988B-E7D6-4AA8-A889-30377A979341.jpg [View same] [iqdb] [saucenao] [google] >>15539747

>>	Anonymous Mon Sep 9 17:31:52 2019 No.15539814 hey, is SGMO anon still around? i need someone to make me not want to kill myself while i'm here at over $12 average.

Anonymous Mon Sep 9 17:32:53 2019 No.15539821
File: 20 KB, 500x500, att_globe_500x500.jpg [View same] [iqdb] [saucenao] [google]

He is unstoppable oh yes indeed. Even that pussy activist investor group can't hope to sway Him. That group dropped 3.2 Billion into Him. Ha, that's merely a Drop in the bucket compared to 270 bil. I hope the board tells them to Fuck Off and goes on with business as usual. Now that group will know the Wraith of Him as our boy Stephenson has hired some big shot firm to guard against any chance they got to try to do any harm.

Our boy Stephenson has done things quite well so far, just look at what's happening over these last few months. Debt is down, Profits is Up, The stock price is moving Up. That group should just leave things alone and just sit back and watch as the Profit piles up.

I'm tempted to write the board myself, telling them exactly what they should do with that group of nuts. But it seems our boy Stephenson has it well in hand. Tell them to kiss his ass.

Anonymous Mon Sep 9 17:38:38 2019 No.15539865

>>15539747
Get the maximum employer match, it’s free money, just means you can’t access it until you’re older.

>>15539762
I don’t like this, I would go even heavier in to domestic large cap and keep a completely minimal amount in bonds and foreign, but it’s your call. You can maybe change it up after a market correction, but I think we have higher to go before that happens.

>>15539821
Activist investor said its wayyyyyy undervalued. Basically that the ceo isn’t doing a good job maximizing the value of the company, and that the market doesn’t realize what it’s really worth.

You should be thanking him.

Anonymous Mon Sep 9 17:38:51 2019 No.15539872

>>15539821
No, business as usual will sink this company. They need to be broken up, skullfucked into profitability and get with the times. They have some great assets but management is terrible. Also have you seen their customer portal? Worst UX/UI I've ever seen.

>>	Anonymous Mon Sep 9 17:40:37 2019 No.15539890 My refr bags are getting heavy

>>	Anonymous Mon Sep 9 17:44:46 2019 No.15539935 >>15539872 They were also giving people directv for free? I should tell my parents to ask for a refund.

Anonymous Mon Sep 9 17:51:07 2019 No.15539985
File: 430 KB, 1570x943, HARV1.jpg [View same] [iqdb] [saucenao] [google]

Buy signal today on Harvest Health. It's another multi-state US dude weed. I wasn't particularly interested in fishing for the early reversal on this one but now it's showing indications of reversal confirmation. Will be looking for entries this week depending on how it moves from here.

Anonymous Mon Sep 9 17:52:00 2019 No.15539997
File: 60 KB, 807x269, Capture.jpg [View same] [iqdb] [saucenao] [google]

>>15539762
That looks good. Should probably lower your bonds to 10 or maybe even less since you're so young. My goal is 50% domestic, 30% foreign, 10% bonds, 10% small cap value at 33. international and scv have been total garbage the past few years, but whatever.

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 17:53:38 2019 No.15540012 >>15539814 it will dump more imo

Anonymous Mon Sep 9 17:55:12 2019 No.15540023

AMRN, is giving you a last ditch chance to get in on the ground floor before Profit is pouring in like mad. Only 2 months left before the big day! That's when AMRN will kick the FDA's ass and put a smile on the CEO's face. Remember the 52w high was 23 something. That's nothing compared to what's a coming!. More Green bags is always nice cause fuck I'm a greedy bastard who just wants to live the good life without worrying about nothing.

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 17:56:58 2019 No.15540036 >>15540023 what happened a year ago with that 230% gap up ?

>>	Anonymous Mon Sep 9 17:59:22 2019 No.15540055 File: 370 KB, 1125x1509, D5CFE735-9456-426A-8E9A-37CD76A4FF14.jpg [View same] [iqdb] [saucenao] [google] I think... maybe I should just keep buying MTUM all the way down?

Anonymous Mon Sep 9 18:03:45 2019 No.15540086

>>15540036
People got spooked when the FDA pulled a fast one at the last moment. Thankfully those nuts who where on the panel then have all moved on. Also the little nagging issues they came up with have all been fixed.

Now its' completely different. New Panel, More solid data, More big name groups showing support/backing AMRN, All issues from last time have been fixed. So it'd be like me telling you the world is flat when you know and all the evidence proves otherwise. The FDA will have no choice but to Green light. Or they'd look like fools under so much evidence saying otherwise.

>>	Anonymous Mon Sep 9 18:09:52 2019 No.15540126 >>15539814 Just buy more. Under $10, buy a lot. SGMO is money. Road to $20 easy

>>	Anonymous Mon Sep 9 18:11:29 2019 No.15540145 File: 50 KB, 600x900, 1555038617486.jpg [View same] [iqdb] [saucenao] [google] I don't want to wage slave anymore.

>>	Anonymous Mon Sep 9 18:13:55 2019 No.15540163 >>15539997 >>15539865 Cool. Gonna drop my bond share to probably 10 percent then, maybe I'll increase it by 0.5 percent every year, maybe a bit more. Gotta call fidelity to change that now though, gay. Cheers

>>	Anonymous Mon Sep 9 18:13:58 2019 No.15540165 >>15540086 Whats you price target?

Anonymous Mon Sep 9 18:19:37 2019 No.15540206

>>15540165
Everyone seems to agree the average price now is $30 per. After FDA Green light/sales skyrocket the price has been put at a very conservative $50 per.

The thing that no one really knows is just what a buyout price may get. Or really what the stock price will do over time if sales fly over the life of the drug. Which is 10 years. After 10 years the drug gets Generic branded. So less Profit.

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 18:24:19 2019 No.15540241 File: 21 KB, 910x140, gold 15001600 sell call.jpg [View same] [iqdb] [saucenao] [google] 1 month later and gold is now trading below 1500.

>>	Anonymous Mon Sep 9 18:29:07 2019 No.15540275 File: 96 KB, 714x1000, 1563383887491.jpg [View same] [iqdb] [saucenao] [google] When do I dump my nktr lads

>>	Anonymous Mon Sep 9 18:29:36 2019 No.15540280 >>15540241 Buy the S&P, it’s going over 3000.

>>	Anonymous Mon Sep 9 18:29:50 2019 No.15540282 File: 16 KB, 396x385, 1556463646666.jpg [View same] [iqdb] [saucenao] [google] >>15537736 I had a bad day today aswell (not as bad), we will recover though!

>>	Anonymous Mon Sep 9 18:33:23 2019 No.15540302 File: 188 KB, 680x680, 1556745213434.png [View same] [iqdb] [saucenao] [google] >>15540280 THIS MARKET WANTS HIGHER

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 18:38:26 2019 No.15540332 >>15540280 we still have to fill those gaps around 2914.. doesn't mean they will get filled but probability is they will. if so, will we go to new ath or dump in a few days, i have no idea

>>	Anonymous Mon Sep 9 18:42:04 2019 No.15540367 >>15540332 >it may go up >it may go down Filtered

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 18:45:29 2019 No.15540406 File: 42 KB, 550x469, 5657464674.jpg [View same] [iqdb] [saucenao] [google] >>15540367 >tfw filtered

>>	Anonymous Mon Sep 9 18:47:47 2019 No.15540425 >>15540302 I know, I used to like cheapies but now that I’m in the red... let’s go higher! >>15539487 >owning triple inverse ETFs during a marketwide rotation How’s that working for you? Liking crabland?

>>	Anonymous Mon Sep 9 18:47:53 2019 No.15540426 >>15540367 Thanks, anon. I didn’t understand his business jargon. Fuck these barriers of entry.

Anonymous Mon Sep 9 18:49:33 2019 No.15540435

>>15540126
>Road to $20 easy

WHEN, though? ASH? A year from now? 2 years?

It hurts because I've researched the shit out of the company and everything looks so good about it fundamentally, I just can't understand why the SP is so low and keeps going down. It makes no fucking sense to me. I'm willing to at LEAST wait until ASH since there are rumors that they're under an embargo and won't tell us the big news until then, but jesus fucking christ dude im down like $4k right now at this price. I'll keep averaging down and probably give it at least a year to at least give me my money back, but probably never going to trade on fundamentals ever again.

That said, the idea is still there that if it DOES pop off, I'm set to make quite a bit of money. Just feels fucking bad right now I just wish I knew why the SP was going down so much even though literally all of the news surrounding the company is solid as a fucking rock. I don't fucking get it, if the drugs were shit or they had no partners or the CEO was a coke fiend or something I'd understand, but everything is good yet it keeps going down. I just don't get it that's the worst part. And December isn't exactly soon.

Anonymous Mon Sep 9 18:51:32 2019 No.15540451
File: 99 KB, 650x1076, cc6250c452e1504ae9feb054239115dbd6add621.jpg [View same] [iqdb] [saucenao] [google]

Cool, so I'm still new to mutual funds that aren't vanguard but I guess fidelity doesn't offer their funds which is kind of gay. But here are my options...
Large cap:
PFGKX (largest returns so far)
PEQSX
VITSX
mid cap:
AMDVX
HRAUX (highest returns)
FSMAX
Small cap:
HSRUX
VSOIX (which I've read good things about victory)
International:
FSPSX
IINCX
Some dumb blended investments
Bonds:
CT STABLE GOVT ii-0
GOBSX
MWTIX
STRKX
VBTLX

I can also just convert it to a brokerage account apparently, but are any of these any good? I'm always inclined to just choose vanguard but fuck if I know. Here's some milkers

Anonymous Mon Sep 9 18:57:08 2019 No.15540499

>>15540435
You're overthinking things.
If you want to nerd out then get some science or engineering job where that level of autism is rewarded.
You had weeks to buy under $10, under $9.
Keep buying SGMO, don't rush it or try to time it. Don't sweat. Low price is just a good buying opportunity. This is not a one product binary pump/dump company. Their pipeline and partnerships are a setup for log term success.
I'll see you at the yacht club my man.

Anonymous Mon Sep 9 19:18:17 2019 No.15540654
File: 430 KB, 1339x1373, Screenshot_20190909-160317.jpg [View same] [iqdb] [saucenao] [google]

>>15539421
Find it ridiculous that most stocks I buy just go down.

>stock dips
>buy
>crashes down more unlike the last 3 times in the month

>stock pumps
>refuse to buy
>stock pumps for a almost a month
>buy
>it crashes

>set sell call option as stock has dumped massively and stagnated so i can at least make a little bit of money should it stay down
>pumps to strike price and passes it
>all that effort down the drain
>as if i never owned the stock
>refuse to buy a lot more as my sell call gasnt been exercised, cant risk the price crashing after buying and then suddenly my bags are even heavier

This is getting tiresome. I change my action of when to buy and I still lose yet I refuse and it mostly goes upward trending. I buy and I get stuck holding bags. I refuse to buy and it goes up 15-
33%. Starting to think I should play recklessly considering my current method isn't working.

Also holding heavy gold mining stock bags. Of all the times to buy. At this point I should reduce overall stocks I'm holding once calls are done and stocks go above breakeven as I have way too much invested with a possible depression looming.

Anonymous Mon Sep 9 19:24:40 2019 No.15540685
File: 32 KB, 476x393, 1567931581179.jpg [View same] [iqdb] [saucenao] [google]

>>15540654
This, except for the selling calls part. I've lost so much money, and I bought the dips today.

It's day one of a selloff... fuck I'm not too bright

Onwards! I'll brute force this game if I have to!

>>	Anonymous Mon Sep 9 19:34:38 2019 No.15540746 File: 44 KB, 851x479, 009B0B9D-113A-43C6-9F89-6F00CF0AC738.jpg [View same] [iqdb] [saucenao] [google] >>15540654 bogged

>>	Dobber !!qEeBALi+hGB Mon Sep 9 19:37:27 2019 No.15540757 >>15540654 >/biz/ - Buy High and Sell Low literally inverse yourself. It‘s all about having enough autism to reject your inner brain risk center feelings and pull the trigger.

Anonymous Mon Sep 9 19:46:43 2019 No.15540818
File: 94 KB, 800x800, 254212354544.jpg [View same] [iqdb] [saucenao] [google]

>>15540654

This sounds like you're trading behind the curve and then making impatient sells or fear based sells. Even when you're swing trading it's important to have confidence on the company's short term future based on your research on their financials and upcoming catalysts (good or bad).

Maybe cool it on the options for a bit. I don't recommend options for profit (rather than as a hedge) until you're very confident in your strategy on the underlying common shares.

>>	Anonymous Mon Sep 9 19:46:46 2019 No.15540820 File: 109 KB, 1080x1920, Screenshot_20190909-194600.png [View same] [iqdb] [saucenao] [google] AAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHH AAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHH AAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHH

>>	Anonymous Mon Sep 9 19:47:44 2019 No.15540824 9/13 $3.50 put on GME too optimistic it'll go down after it's earnings report is released tomorrow at 5pm?

>>	Anonymous Mon Sep 9 19:47:52 2019 No.15540827 >>15540820 Gigabogged

Anonymous Mon Sep 9 19:50:11 2019 No.15540844
File: 267 KB, 344x389, 1564102048601.png [View same] [iqdb] [saucenao] [google]

>>15540820

Oh hey this looks like my chart from June. Haha. Haaaaaa.... Fugging bioshit fugging cash raising private placement set way under the fugging average price for the month fugging...

Digging my way out though. Getting there. Good luck!

Anonymous Mon Sep 9 19:57:43 2019 No.15540905
File: 191 KB, 960x960, 1AC38CCC-8839-4CBD-9E78-E323A4606C67.jpg [View same] [iqdb] [saucenao] [google]

I’m scared to actually quantify how much I’ve lost since getting starting to trade actively, visiting /smg/, and downloading robinhood.

Not only have I lost loads, if you compare it to how much I would have made if I just VTSAX STACK IT UP’ed, it’s going to be deveatating.

>>	Anonymous Mon Sep 9 20:05:56 2019 No.15540981 >>15539333 >fried chicken Ahem. BBQ beef brisket with potatoes that have been diced and browned and hash-ed

>>	Anonymous Mon Sep 9 20:06:37 2019 No.15540986 Bought my first ever stonks today. Hoping they are worth hodling. Also how do you guys deal with capital gains tax? Didn't realize that shit was real.

Anonymous Mon Sep 9 20:07:08 2019 No.15540990

With AMRN so many good options could lead to Profit.

$23 per w/ no buyout (lowball) - $9,752.00
w/buyout = $19,504.00

30 per w/no buyout (average) -$12,720.00
w/buyout $25,440.00

50 per w/no buyout (current high) $21,200.00
w/buyout $42,400.00

Real world if a buyout happens I'd guess the price would be somewhere in the middle of the avg and high options. If they go it alone, the sky is the limit. All depends on sales. Which means it'd take longer for the Profit to come to you but your apt to get more of it. V.S a buyout you'd get a nice Fat Wad right then and there. So really its all how you want to play it and your $$ needs. Above figures could also be meaningless and the actual Profit would be much higher, depending on buyout terms.

Anonymous Mon Sep 9 20:12:46 2019 No.15541032

>>15540499
I hope you're right. I just kind of fell into this thing starting out in stock trading. Now I have poured pretty much all of my free time into researching technical analysis over the past 2 months and come up with a really really good system (even writing a program to actually crunch numbers on it because doing that manually is becoming too much of a hassle), but I can't even fucking use it because all of my meager earnings are in SGMO right now. I just hope I don't get fucked, like... I have no problem waiting, I just wish I had more of a guarantee, though I suppose that's wishful thinking. I just keep reading good things about it though, despite the sinking share price. If any bad news came out about the actual science, I would have cut my losses a long time ago, but goddamn.. you know what I mean right? The fundamentals are so fucking strong and the potential upside is fucking insane. Like, potentially 10x your money insane. How can I turn that down, even if it takes a year or two?

>>	Anonymous Mon Sep 9 20:12:57 2019 No.15541035 >>15540685 >>15540746 >>15540757 >>15540818 Lost about 1k but I refuse to sell at loss unless im confident the company may fail. Eg $350-$450 realized loss vs the likely $4000 loss had I refused to sell (said stock is currently delisted on robinhood).

Anonymous Mon Sep 9 20:13:54 2019 No.15541042
File: 384 KB, 700x856, utDDEF.jpg [View same] [iqdb] [saucenao] [google]

>>15540986
>Also how do you guys deal with capital gains tax?

Pay it while cursing the government. However, one advantage being a leaf has over being burger for trading is the tax free savings account (TFSA). Contrary to the name it's not really a savings account. More like a capped trading account. No capital gains tax but also no tax deduction allowed on capital losses inside the TFSA. I'd rather trade under burger rules and tax structure but this is the one helpful trade-off for the situation.

Hey hey ho ho Justin Trudeau's got to go! Hey hey ho ho Trudy gt fugging o.

>>	Anonymous Mon Sep 9 20:16:55 2019 No.15541054 >>15540990 when do you expect this heavenly moon mission to commence? You said two months here >>15540023 you confident in that timeframe? options expiring worthless hurts like a motherfucker.

Anonymous Mon Sep 9 20:19:41 2019 No.15541066

>>15541054
i still don't get options. all i know about them is that most people who post "loss porn" were the result of options trading, and because of that i just pretend like they don't exist besides being a somewhat useful fundamental analysis tool to consider.

i'd rather just make consistent smaller profits on a regular basis trading stocks normally. which is what i plan on doing whenever this SGMO ride ends, for better or worse.

Anonymous Mon Sep 9 20:19:44 2019 No.15541067

So many of our little /smg/ posters who try to trade options think "oh, I would have made money if I had just made slightly better decisions".
Nah, that's just how it works. You got crabbed. You have to make real significant correct decisions to beat the market with options, because they are (theoretically, mathematically) EV neutral, but once you fight the spread and taxes you end up EV negative for a blind option strategy.
To make money with stocks you don't have to out-think the market, you just have to be there for as long as you can.
The crab can't snib you if you chill. Relaxation is unsnibbable.

>>	Anonymous Mon Sep 9 20:20:11 2019 No.15541070 >>15540824 That's hyper aggressive, I went for 10/18 $4.00 puts

>>	Anonymous Mon Sep 9 20:23:50 2019 No.15541095 >>15541066 If you had employed options instead you would have an equally high success rate you would just have profited significantly more per trade

Anonymous Mon Sep 9 20:24:21 2019 No.15541099

>>15541066
I'm doing OK but still fairly new (pic related) >>15539031 I use my retirement accounts for long-term holding. This is more of a learning experience/try something new and hopefully get decent at it and make even more $ over time.

>>15541070
Yeah I figured. I have an instinct their earnings report won't be as bearish as some here seem to think. It's still a dead company walking though.

Anonymous Mon Sep 9 20:26:58 2019 No.15541111

>>15541067
From what I've researched, to make money in the market you don't have to out-think the market, you have to think LIKE the market. You have to use the tools you have available to create a system that doesn't tell you the future, but allows you to say something like "i don't know what will happen next, all I can tell you is that this price action is likely moving in a bullish/bearish direction, and using these rules i will stay in this trade until it is no longer doing that in this time frame". Something like that. Right now I'm in the process of forward testing it with a paper trading account, and it's been working quite well.

Basically you're just trying to predict the near-future and have a backtested strategy that effectively tells you when the up or down trend is no longer happening, even if it's the very next candle.

>>	Anonymous Mon Sep 9 20:28:45 2019 No.15541120 >>15541099 honestly, try using a demo account, thinkorswim comes with a paper trading account that gives you $200k to play with. if you don't know what you're doing you shouldn't be trading real money, ESPECIALLY options.

Anonymous Mon Sep 9 20:30:39 2019 No.15541132

>>15541095
how so? my system is only good at telling me which candles to get in on and how long to stay in the trade before the price is considered to have actually turned on me. i thought options were a month to month thing, considering opex dates and whatnot?

Anonymous Mon Sep 9 20:30:40 2019 No.15541133

>>15541054
Nov, after the FDA ass kicking. That'll be the thing that kickstarts it big time. Before then who knows, it may rise back to the 52w high but the real Profit comes after Nov. It also depends on how bad Big Pharma wants AMRN as the Nov date gets closer.

Anonymous Mon Sep 9 20:30:46 2019 No.15541134
File: 64 KB, 800x800, nothigh.png [View same] [iqdb] [saucenao] [google]

>>15541067
That's why you don't pick crabby stocks
Just play silver/gold options with this on going trade. I'll admit i have 0 clue what im doing yet ive somehow made money. Stock market is intuition nothing else matters.

>>	Anonymous Mon Sep 9 20:32:28 2019 No.15541143 >>15541134 >Stock market is intuition nothing else matters. you're insane and going to lose money in the long run.

>>	Anonymous Mon Sep 9 20:35:19 2019 No.15541162 >>15541133 Sure the CEO is kinda saying "we'll go it alone" but when push comes to shove and Big Pharma tosses a shitload of heavy Green Bags of Cash on the board table, well I think things will change mighty fast. Just my thoughts.

>>	Anonymous Mon Sep 9 20:36:10 2019 No.15541169 >>15541134 Huh im losing on gold mining stocks atm.

>>	God of Calls !!oZXahFyAqDi Mon Sep 9 20:37:25 2019 No.15541177 >>15541134 >Stock market is intuition nothing else matters rofl you're just a gambler and you will eventually lose your money

>>	Anonymous Mon Sep 9 20:38:12 2019 No.15541188 >>15541134 >I'll admit i have 0 clue what im doing yet ive somehow made money Yeah that'll bite ya eventually. It happens to everybody.

>>	Anonymous Mon Sep 9 20:39:01 2019 No.15541195 Hows everybody feel about TRQ? The projected price is 4 its trading at 0.45 and they just got a non compliance letter from the Nasdaq requiring them to raise to 1 in 180 days.

Anonymous Mon Sep 9 20:39:07 2019 No.15541198

>>15540757
only way is to trade based off of a system of indicators and rules which you have extensively backtested and as such feel extremely confident in just trading by the rules like a robot. hell, maybe even program a bot and automate it at some point if it's good enough. that's the only reliable way to remove emotion from the equation.

Anonymous Mon Sep 9 20:41:15 2019 No.15541211

>>15541195
>they just got a non compliance letter from the Nasdaq requiring them to raise to 1 in 180 days
That doesn't mean the price is going to rise, it just means penny stock have no place on the NASDAQ and they'll be booted off without significant change

>>	Anonymous Mon Sep 9 20:42:20 2019 No.15541216 >>15541195 In assuming they start a share buyback to force up prices, so for shits I might just throw down a 1$ long call that'll expire in march

Anonymous Mon Sep 9 20:42:27 2019 No.15541219

>>15541132
I mean they can be week to week "weeklys" but if you are wrong you lose money but if you are slightly right in stocks you still come out with 0.06% or whatever. Definitely judge your skill levels and maybe paper trade.

Just don't paper trade earnings because that shit is a coin flip.

>>	Anonymous Mon Sep 9 20:43:23 2019 No.15541227 NEW >>15541223 >>15541223 >>15541223 NEW >>15541223 >>15541223 >>15541223

>>	Anonymous Mon Sep 9 20:43:23 2019 No.15541228 >>15541211 They've got huge resource holding and have partnerships with the Mongolian and chinese government. They're a solid company that got fucked accounting wise by their parent company.

Anonymous Mon Sep 9 20:43:56 2019 No.15541231

>>15541134
>That's why you don't pick crabby stocks
Things are very correlated, very crabby across the board right now.
Equities, bonds, rocks, crypto"currencies".
The crab is everywhere, this crustacean vortex is too powerful to escape under almost any inertial frame.
If you haven't been snibbed, you either have a proper time-invariant risk-controlled strategy, or the claws are coming. It sounds like you're in the "haven't been snibbed yet" camp, but you also might be in the "getting snibbed presently but hasn't realized it yet" camp. In either case, you're in good company here in /smg/, you have many fellow campers.

Anonymous Mon Sep 9 20:45:08 2019 No.15541237

>>15541143
>>15541169
>>15541177
>>15541188

I've been biten. How goes all that analysis you're doing though when someone like trump can throw a 30 femtosecond tweet and invalidate everything. The first step is admitting there's information asymmetry. Pick stocks you think will be future winners, I.E. where will there be future demand? No shit stocks like BYND, AMZN, will be on the rise whereas some useless shit like GME will probably not exist in 5 years.

>>	Anonymous Mon Sep 9 20:46:32 2019 No.15541248 >>15541216 They'll do a reverse split

Anonymous Mon Sep 9 20:46:36 2019 No.15541249

Hell I like Green as much as anyone but if I get an e-mail from AMRN stating they've sold the company and I'm getting 42k for my shares, well I'll take it and be mighty happy.

Added to my current net worth that'd put me at around $80 ish thousand dollars. Free and clear. Fuck I can't wait. I make shit now btw.

Anonymous Mon Sep 9 20:47:28 2019 No.15541257

>>15541237
>How goes all that analysis you're doing though when someone like trump can throw a 30 femtosecond tweet and invalidate everything

It's called a stop loss you fucking mong, jesus christ how new are you? Like you've never even heard of HFT's before, like they don't happen even besides Trump throughout history.

>>	Anonymous Mon Sep 9 20:47:44 2019 No.15541259 >>15541249 Weren't you getting a new jobbo ?

>>	Anonymous Mon Sep 9 20:48:04 2019 No.15541263 >>15541249 Why tf is over 50% of your net worth in one asset? Diversify

>>	Anonymous Mon Sep 9 20:48:26 2019 No.15541267 >>15541248 Fine by my as long as it pumps it up for my calls

>>	Anonymous Mon Sep 9 20:51:06 2019 No.15541288 >>15541267 A reverse split won't pump your calls The value might fall even farther, usually does after a R/S. It's a learning opportunity ;^)

>>	Anonymous Mon Sep 9 21:17:26 2019 No.15541481 >>15541257 Should I really bother with stoplosses? They seem to trigger right before the stock rebounds, in my experience.

>>	LCIguy !7SgaW5KMQI Mon Sep 9 21:18:40 2019 No.15541492 >>15541263 >Why tf is over 50% of your net worth in one asset? Diversify woah bro... we go all in here..

Anonymous Mon Sep 9 21:30:30 2019 No.15541575

>>15541481

For surely do stop losses. There's a trick to them though. Knowing when to have a stop loss, when to use no stop loss because you expect wild volatility, how much of your position to stop loss, whether or not you want to do staggered stop losses; say one tight one, one medium drawdown one and another even futher down. Or if at that point you'd rather put low ball buy bids to cost average. It's kind of an art all its own.

>>	Anonymous Mon Sep 9 21:40:10 2019 No.15541628 >>15538229 >not selling all your bullshit and going all in on 20% yield divvy stocks not gonna make it

>>	Anonymous Mon Sep 9 22:01:30 2019 No.15541757 >>15539641 ROTH. always ROTH. you're gonna pay your taxes, you might as well just pay them on the initial investment instead of the part you put in AND the growth. Roth grows tax free. TAX FREE GROWTH.

>>	Anonymous Mon Sep 9 22:05:33 2019 No.15541780 >>15540163 NOTHING IN BONDS GROWTH GROWTH AND INCOME AGGRESSIVE GROWTH INTERNATIONAL MAYBE REITS BUT NO AND I MEAN NO NO BONDS!!!

Anonymous Mon Sep 9 22:20:27 2019 No.15541869

>>15541120
>honestly, try using a demo account, thinkorswim comes with a paper trading account that gives you $200k to play with. if you don't know what you're doing you shouldn't be trading real money, ESPECIALLY options.

Simulated cash would alter my behavior though. Real money forces me to behaves as if I am betting with real money. Because I am.

I only put $150 to start, which thankfully is not a large sum to me right now.

(I have about $235k in various index funds/etfs)

My main goal is just to make small bets, study charts+news and apply it, and soak up info here. /smg/ is by far the sole beacon of usefulness on /biz/. I actually learn here.

>>	Anonymous Mon Sep 9 22:22:22 2019 No.15541883 >>15541133 >>15541162 Duly noted. Will begin my research.

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/biz/ - Business & Finance