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/biz/ - Business & Finance

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1561917 No.1561917 [Reply] [Original]

I'M FINISHED !

>> No.1561927

>>1561917

> lose $200 in Monopoly-grade money
> finished

Time to sudoku yourself.

>> No.1561929
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1561929

>>1561917
Ever heard about a thing called "stop-loss-order"?

>> No.1561932

>>1561917
Iktfb

I'm done with this shit. Dumping this fucking trash in November

>> No.1561934

>>1561929
Not him but how much should you put those in for? I'm always worried it'll sell on a minor dip which would suck

>> No.1561944

>>1561929

i dont loose as long as i hold

>> No.1561965

>>1561944
Yeah hold until 0 you'll definitely never lose

>> No.1561974
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1561974

>>1561934
Depends on the risk, how much you could afford to loose and your style.
A example:

Look, at MGT's chart from yesterday.
I followed the trend beginning at 1,75 and always adjusted my stop-loss 0.10$ under the current price. My stop loss finally triggered @2,43 today. That's about 38% plus. To bad I only had 155 shares

>>1561944
I also used to say that as I started. One day you will wake up and realize what you've done wrong.

>>1561932
Try to figure out what went wrong, If you got some money to play, simply restart the game.

>> No.1561992

>>1561917
this is what you get for investing in penny p&d bullshit

>> No.1561998

>>1561974
But isn't that too close of a stop loss?

Should I always have them in place?

>> No.1562014
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1562014

>>1561998
Depends on how fast the price moves. For this type of stop-loss it is necessary to watch the chart and always adjust the order. It's work, but that's just one way to make money with these pump and dump stocks.

>> No.1562037

>>1561965
>why does my ticker have SQ on the end now?
Lol

>> No.1562392

when it costs 10 bucks per buy or sell, you can't afford to loose

>> No.1562401

Didn't you watch Wolf of Wall Street?

You are the fools buying the pink slips.

>> No.1562408

>>1562392
>when it costs 10 bucks per buy or sell, you can't afford to loose

True shit

For real

>> No.1562422

>>1562392
Maybe you're too poor to be trading.

>> No.1562437

>>1562422
Maybe you're too gay

>> No.1562445

>>1562422
maybe.....or maybe i can actually say i've never lost a single dollar on a trade

>> No.1562460

>>1562437
Stay poor

>>1562445
NOT A SINGLE DOLLAR?

>> No.1562483
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1562483

>>1562392
Then it's time to look for a cheaper broker.
I use Degiro, they take 0,50€ + 0.004 USD for every US order.

Here are the prices.
https://www.degiro.co.uk/fees/
(europe only, scroll down for countries)