/biz/ - Business & Finance

[Anonymous No.1576372]

>When you set your stop loss too high and a stock dips slightly and all your shares sell but then it corrects itself quickly and you just lost a bunch of money

[Anonymous No.1576444]

>>1576372

Stop loss is for plebs

[Anonymous No.1576603]

>>1576372
What ticker symbol?

[Anonymous No.1576742]

>>1576372
>when you set your stop loss too low and you lose lots of $

what's worse. relax you fuck

[Anonymous No.1576748]

>>1576372
You could just make better investments and stop daytrading shitty biz memes

[Anonymous No.1576753]

>>1576603
CGC

I accidentally sold it all at 6.81

>>1576748
>You could just make better investments and stop daytrading shitty biz memes

t. Normie who buys meme funds to get 3% returns

[Anonymous No.1576766]

>>1576372
You can have your broker send you an automated SMS instead of using stop loss.
I honestly don't get why people feel the need to enter and leave stocks so often. My shares are going to be owned by me for at least 20 years anyway, so I don't give a shit about fluctuations.

SWAN my nigga

[Anonymous No.1576768]

>>1576766
>I honestly don't get why people feel the need to enter and leave stocks so often. My shares are going to be owned by me for at least 20 years anyway, so I don't give a shit about fluctuations.

because i'm not holding this shit for long

[Anonymous No.1576771]

>>1576753
Nope.

Even if that were the case, it's clear you're doing much worse than 3% because you're complaining about it here.

>CGC
>unironically """investing""" in weed stocks

Thanks for the laugh.

[Anonymous No.1576775]

>>1576771
>it's clear you're doing much worse than 3% because you're complaining about it here.

I didn't mean to sell. I should've kept holding because this shit closed at 7.06

>Thanks for the laugh.

Are you a fag or something? Weed stocks are a fucking gold mine

[Anonymous No.1576778]

>>1576775
Keep telling yourself that, bro.

[Anonymous No.1576780]

>>1576778
You don't even have an argument.

How are weed stocks bad? They're making insane money for us

[Anonymous No.1576789]

>>1576780
Weed stocks are such a gold mine that you find it necessary to set pubic-hair width stop losses because you're scared this speculative bubble is going to burst and you're going to be one of the few faggots stuck holding the bag.

>They're making insane money for us

So are altcoins and all the other bullshit /biz/ dreams up.

[Anonymous No.1576794]

>>1576789
>because you're scared this speculative bubble is going to burst and you're going to be one of the few faggots stuck holding the bag.

no shit you fucking retard

Why wouldn't I be scared?

THIS COMPANY MAKES *NO* MONEY. None. But I still should've set a more loose stop. Oh well, still made okay gains.

[Anonymous No.1576799]

>>1576794
Wow, you actually are fucking retarded. You don't know shit about investing, and it seems like you struggle with basic reasoning.

>>1576780
>How are weed stocks bad?
>>1576794
>THIS COMPANY MAKES *NO* MONEY.

That's exactly what I've been trying to tell you, these companies have no value. I can't wait until you go all in on one of these """""companies""""" and lose your capital.

[Anonymous No.1576805]

>>1576799
It has a negative p/e ratio

[Anonymous No.1576815]

>>1576805
Alright, buddy, go have fun

[Anonymous No.1576818]

>>1576815
I already sold it

i'm waiting to buy back in after consolidation.

For now im going to play poker

[Anonymous No.1576831]

>>1576768
Then don't hold shit

[Anonymous No.1576844]

>>1576799
btw fuck you

you still havent explained mj stocks are bad

[Anonymous No.1576853]

>>1576844
You literally said yourself why weed stocks are bad. You don't have to be a valuation expert to see why these companies are worthless.

[Anonymous No.1576854]

>>1576853
then why are they growing so fast?

Check mate faggot

[Anonymous No.1576855]

>>1576854
As I said before, it is a speculative bubble. You are digging yourself deeper and deeper into your hole of retardation.

[Anonymous No.1576861]

>>1576855
>Increases by 30000%

>Speculative bubble

I think you're just an idiot. Why would a speculative bubble be doing so well?

[Anonymous No.1576863]

>>1576753
>buy meme stock
>38% spike in the AM
>70% fall in the PM
>lose shitton of money
>post on /biz/ about how long term investments are memes and daytrading is better for returns
>go to kitchen and ask mom for more money so you can trade again tomorrow
>sleep and repeat

[Anonymous No.1576865]

>>1576863
>>buy meme stock
>>38% spike in the AM
>>70% fall in the PM

>>1576855
>As I said before, it is a speculative bubble

LE IT'S A SPECULATIVE BUBBLE MEMAY

eat fucking cock you worthless shitheads. LOOK does this look like a bubble to you you worthless shitstains?

[Anonymous No.1576866]

>>1576861
Is this really how 16-year-olds see the world?

The stocks are pumping on a speculative buying frenzy. When the bottom falls out and they all head back to <1 cent a share (where they belong) we'll see who was right.

[Anonymous No.1576869]

>>1576866
>When the bottom falls out and they all head back to <1 cent a share (where they belong) we'll see who was right.

You won't be.

It's literally the biggest marijuana producer in canada and weed iwll be legalized you little cuckhead

How have your shitty index funds done?

Oh only gained 2%? That's really too bad. Maybe next time faggot

[Anonymous No.1576877]

>>1576869
>implying you know anything about my investments

You don't know even know what a bubble is. I really can't wait for you to get BTFO. I will remember this and make sure to bring it up and call you out in all the crying threads after this shit blows up.

>you little cuckhead
Wow, 16 may have been an overestimate of your age.

[Anonymous No.1576883]

>>1576877
it will never happen dumbass.

Look at all the people in the canadian mj thread. We made the big fucking bucks you're jsut a lil cuck

[Anonymous No.1576884]

>>1576877
in fact

you can't even EXPLAIN WHY they won't do well. you don't know shit dinklecuck

[Anonymous No.1576895]

>>1576883
>>1576869
>>1576865
>>1576884

Hmm, let's evaluate the facts.
>company has 0 value
>company has negative earnings
>share price is growing rapidly despite no indications of actually realized growth
>predicted future growth of company is based on DUDE WEED LMAO speculation
>individuals on the DUDE WEED LMAO train buy up as many shares as they can get their hands on, driving the price higher and higher
>CGC has pumped 121% in 3 months due to these speculative effects
>every other weed stock exhibits the same pattern

I cannot simplify this any further for you. I have explained this several times now. It is a bubble.

What positive things can you say about weed stocks other than "DUDE WEED MIGHT BE LEGALIZED KEK LMAO"?

Enjoy your bubble, son. I've been around a lot longer than you. It's going to crash a lot harder than it has risen, and you clearly won't see it coming.

[Anonymous No.1576897]

>>1576895
>It's going to crash a lot harder than it has risen, and you clearly won't see it coming.

what if i have trailing stop losses in place?

checkmate retard

[Anonymous No.1576898]

>>1576897
I don't give a shit about you. You said these stocks aren't worthless, and have been saying they're "good", asking me to prove that they're "not good", and trying to argue that this isn't a bubble.

You haven't actually come up with any investment ideas on your own, you're just riding on the coat tails of people that told you to buy this shit.

Your only argument in favor of these stocks is pure speculation (which reinforces my point) and insulting my investments that you know nothing about. You have not addressed any of my points.

[Anonymous No.1576899]

>>1576898
>you're just riding on the coat tails of people that told you to buy this shit.

Y-you TAKE THAT BACK!

[Anonymous No.1576900]

>>1576899

Looks like these LE quality stocks are working out real well for this guy:
>>1576887

[Anonymous No.1576901]

stop losses overcomplicate things. just set aside the money youre willing to lose, and choose the leverage to set liquidation price to your "stop-loss" price.

There is no reason to use stop-loss over liquidation price

[Anonymous No.1576903]

>>1576900
>for this guy:

Well that guy is a faggot, what does that have to do with hat we're talking about?

Fuck you index cuck. what are your investments? It's easy to cast stones when you don't open yourself up to be vulnerable.

[Anonymous No.1576905]

>>1576901
what the fuck is a liquidation price?

i set a 3% trailing stop loss and it sold all my fucking shit on a slight dip

[Anonymous No.1576915]

>>1576903
I'm not asking you to evaluate my investments, because I didn't share them with you. You've made it clear you don't know shit about investing, so why would I go to all the effort of explaining this shit to you? More than I already have, I mean. Go read investopedia or something you bitch

You're still not addressing any of my points, just acting like a complete retard and trying to attack me personally.

[Anonymous No.1576916]

>>1576915
faggot index cuck detected

post ur investments so we can call see what kind of faggot you are

You are bitter you didn't get in on the marijuana boom

[Anonymous No.1576921]

>>1576916
>>1576905
>>1576903
>>1576899
>>1576897
>>1576884
>>1576883
>>1576869
>>1576865
>>1576861
>>1576854
>>1576844
>>1576818
>>1576805
>>1576794
>>1576780
>>1576775
>>1576753

These are the best arguments that can be made for weed stocks. To any anons reading this thinking about getting in, proceed with caution.

[Anonymous No.1576924]

>>1576921
t. indexcuck

marijuana stocks are the future

[Anonymous No.1576966]

>>1576924
>marijuana stocks are the future
This might be the case if legalization happens, but no one knows for sure if it will.
Isn't this the definition of speculation?
Not to say money can't be made from speculation, but call it what it is.

[Anonymous No.1577120]

This is why I don't set stops anymore

[Anonymous No.1577141]

>>1577120
T. Loser

[Anonymous No.1577152]

>>1577141
Nah m8 I just pick the best

Also its better just to set a limit order for what you bought it for so you catch the dead cat bounce on crashes

[Anonymous No.1577159]

>>1577152
Wish I knew this

Guess that's the end for me. Not buying back into CGC

[Anonymous No.1577325]

>>1576372
Depends on the stock but usually 30%. I don't put money into companies that don't have a future though. Only retards buy penny stocks.