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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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>> No.16218836

D E A N
E
A
N

>> No.16218837
File: 279 KB, 1440x1737, Screenshot_20191111-122739.jpg [View same] [iqdb] [saucenao] [google]
16218837

The one time i shouldve bought put options. I sold put options instead ahhhh. Closed at a loss of about $70 per contract.

>> No.16218844

AIDS

>> No.16218846

How do I turn 10k into 100k?

>> No.16218850

>>16218846
Multiply by 10

>> No.16218852

>>16218837
Loss is under $300 but amn does it sting that i rarely get it going my way heavily in options.

>> No.16218861

>>16218846

90% value investing, 10% speculative shit over the course of 10 years

>> No.16218864
File: 169 KB, 992x720, 1551541308710.jpg [View same] [iqdb] [saucenao] [google]
16218864

>>16218836
SAMMMEEY

>> No.16218869
File: 225 KB, 850x1091, 75ab1c9a648b3.jpg [View same] [iqdb] [saucenao] [google]
16218869

I bought Air Canada again idk.

>>16218844
rude

>> No.16218882

GORO finish strong

>> No.16218886

JCP gonna run up all week and Friday earnings report pre market. Get in or buy calls. Or both if you’re not a broke boy

>> No.16218891
File: 32 KB, 645x729, 1518317114963.png [View same] [iqdb] [saucenao] [google]
16218891

Brainlet here. I'm using a portfolio manager which lets me choose my risk on a slider from 1 to 10, with 10 meaning the manager buys something like S&P 500 ETFs. What would currently be the best risk level to choose so I don't get fucked too hard by a possible recession (serious question).

>> No.16218913
File: 122 KB, 1380x977, aa.png [View same] [iqdb] [saucenao] [google]
16218913

>>16218891
if you are under 60 years old: full extreme risk
if you are super old: just bonds and cash bro

>> No.16218916

>>16218886
Sold puts on them but am nervous. Expectations seem high so if they fail it'll probably crash hard, which is why I closed my sell puts.

Anons buy puts or buy calls?

>> No.16218918
File: 566 KB, 783x1045, 1559076466755.png [View same] [iqdb] [saucenao] [google]
16218918

Fucking blackberry once again holding strong on pitiful volume. I'm STILL up 7% on it and will make no less than 6% if I get stopped out (unless bad news gap down).

>> No.16218920

>>16218891
Uhhhh you don't not get fucked by recession unless you go like 60% bonds, 20% equities, 20% gold.

>> No.16218921
File: 528 KB, 2035x2048, 1550525980847.jpg [View same] [iqdb] [saucenao] [google]
16218921

>>16218869
wow cute

>> No.16218927

>>16218891

Maximum risk if you’re young, less risk if you’re old and trying to protect your wealth into retirement

>> No.16218934
File: 364 KB, 1440x2271, Screenshot_20191111-123621.jpg [View same] [iqdb] [saucenao] [google]
16218934

Anons im a little nervous im get screwed. Pic related.

>> No.16218941

This may give AMRN holders a higher degree of confidence. Seems the peanut allergy drug by AIMT had pretty bad side effects yet the FDA gave it the Green light. So if they gave it the green light even with those effects they should have no problem giving AMRN (which has very little/none) the Green light as well.

>> No.16218942

>>16218934

Don’t they still have an earnings report? It could swing either way wildly

>> No.16218949
File: 272 KB, 1278x1357, 1572112468028.jpg [View same] [iqdb] [saucenao] [google]
16218949

>>16218921
>yuri

shit tier

>> No.16218965

>>16218891
Make sure there’s no bonds, and that it’s not a targeted date fund.

>> No.16218968

Should I go balls deep into KO?

Y/N

>> No.16218973

>>16218934
it's a gamble, but it's a "good" gamble
when things are super volatile, it's better to be the one selling the options. Your short puts are MUCH better than most of the options ""trading"" that goes on in these threads

>> No.16218988

>>16218942
Tomorrow. Which is why im hoping they get better than expected. They jump up to just a dollar ill make $210 from those 7 contracts alone

>> No.16218989
File: 82 KB, 924x571, 1451612020113.jpg [View same] [iqdb] [saucenao] [google]
16218989

>MDR, CHK
I gotta stop buying junk just because they tank 30%.

>> No.16218996
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16218996

>>16218949

>> No.16219002

>>16218973
it's always good to be the one selling the options

>> No.16219010

>>16218996
>gays not welcome
>posts yuri picture

choose one

>> No.16219023
File: 344 KB, 1125x1622, 20023AFA-A9B4-4842-AE38-D144DECE0F34.jpg [View same] [iqdb] [saucenao] [google]
16219023

>>16218968
Gamble on KO
Own PEP and MCD

>> No.16219032
File: 409 KB, 1419x2205, Screenshot_20191111-124537.jpg [View same] [iqdb] [saucenao] [google]
16219032

Would this be a dumb move

>> No.16219034

>>16219010
Pretending to be the girl is kinda gay.

>> No.16219040

YES YES KEEP CAPITULATING!

>> No.16219046

>>16219032
FAKE

>>16219010
Is this the only news galt has for the liver and oncology conferences?

>> No.16219065

>>16219046
...anon did you see the question. I was saying if going all in would be dumb. Not lile i even have that much money

>> No.16219080

Why are options so much fun

>> No.16219085

>>16219065
I've crunched the numbers. It's a genius move. I would do it with as much money as possible, to maximize gains

>> No.16219099

>>16219080
it's scientifically proven that options are like cocaine.

>> No.16219106

>>16219010
Yuri is scientifically proven to be the least gay thing

>> No.16219116

>>16219106
nah everything that isn't yaoi is gay.

>> No.16219128

Sold half my PINS stake, used that money to buy KHC so that way I'm still able to claim that Divvy for sure. I'll re-buy my PINS shares early morning.

>> No.16219142

Whats the low down on XRNS

>> No.16219156
File: 347 KB, 1366x2214, Screenshot_20191111-130008.jpg [View same] [iqdb] [saucenao] [google]
16219156

Well i got 20 $1 sell puts on DF, average premium of 0.30

>>16219085
Lol

>> No.16219167
File: 29 KB, 530x298, smgafterhours.jpg [View same] [iqdb] [saucenao] [google]
16219167

Ding ding ding! How did everyone do today? I'm down .87%, I'd be unhappy but still big ups from friday. CGC returning to a lower level before earnings, wat means? I'd have been terrified if it continued up today. GEO at all time good buy zone tm as judged by me, a genius! QSR did great on news that their employees crippled an elderly woman, good fighting stock means they can resist a hostile takeover.
Need to know if I should buy PEPpers I really want it

>> No.16219180
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16219180

>>16219167
QSR doing well for me. Just need 1 or 2 more murders before the next leg up

>> No.16219193

>>16219167
+.14% I started the day down .6 so I am happy.

>> No.16219198

>>16219167

Up 0.15%, right back where I started after spending the day autistically watching numbers

>> No.16219203

They almost bought back the entire fucking dip today, again.. this is just ridiculously bullish

>> No.16219212

Anyone know any okay-ish brokers that operate in Latvia? I've asked my bank but their fees are terrible and getting access to foreign markets is a pain.

Fuck I hate living in this 3rd world shithole.

>> No.16219237

>>16219203
All I saw was these low volume pumps, when the veteran traders come in tomorrow they're going to sell with volumes we haven't seen in months I tell you!

>> No.16219248

>>16217199
>What do you guys think of NIO?
I think there's a possibility that they'll follow LeEco's demise

>> No.16219249
File: 41 KB, 506x608, 1417294951107.jpg [View same] [iqdb] [saucenao] [google]
16219249

>>16219167
Down -0.5% ($136). I got /CHEAPIES'd/ out of over $700 since last Monday because of CHK and DF. The trend really is your friend.

>> No.16219250

>>16219046
for now, from what I understand
they're also presenting at the anti-fibrotic drug development conference on the 19th

>>16219116
correct

>> No.16219257

>>16219167
down 2.81% but oh well. I'll make it back.

>> No.16219264

>>16218989
>CHK
I keep telling myself the same, anon

>> No.16219277

>>16219167
Down .14%

>> No.16219299

>>16218989

That’s a solid strategy if it’s not junk you’re buying

>> No.16219345

I don't really get why some people hate on Target Funds. From what I've read the only way you can fuck yourself is if you get one that cuts off to early from your retirement point (or whenever you decide to say fuck it). Me; I got the 2050 one. I'll be 67. So that gives me little over 30 years to let it rack up the gains. It dumps over into mostly bonds at the 10 yr mark so that leaves 20 yrs of it being in majority of stocks. So really long as you dump money into it like clockwork and let it roll you should be ok. Your gains can really rack up if you dump a shit pot of money into it early and let it roll for 20 years. (Hello AMRN Profits)

>> No.16219387
File: 21 KB, 423x245, dividends are your fren.jpg [View same] [iqdb] [saucenao] [google]
16219387

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>> No.16219414

FUCK I KNEW I SHOULD HAVE GAMBLED ON GROCERY OUTLET! It’s the only grocery store I even go to.

>> No.16219430
File: 26 KB, 750x750, 1421813138567.png [View same] [iqdb] [saucenao] [google]
16219430

>>16219299
Unfortunately, all I buy is garbage. So what do you guys think? DF to $1 by Friday? Or Dec 20?

>> No.16219449
File: 7 KB, 196x250, 53f.jpg [View same] [iqdb] [saucenao] [google]
16219449

>mfw hodling TheTradeDesk through the last 2 months finally pays off

>> No.16219459

>>16219250
How far into development is that drug?

>>16219167
Got cheapied on geo. Shame on me for FOMOing above $15.

Just buy a PEP! If it takes off and you only make $20 or whatever, then too bad. If it dumps you get to buy more for even lower! That’s how I’m playing it.

>> No.16219483

Got out with profits on a bag holding penny stock and the stock dumped behind me. Was like I was running from a house about ready to explode and boom behind me and I get thrown in the air from the blast as I hit the ground I realize all the poor bag holders that stayed in the house are now incinerating. Dealing with this eventually I imagine I’ll die my hair green then a week later start wearing makeup and all of the sudden I’m the Joker

>> No.16219523
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16219523

>>16219459
>>16219167

>> No.16219529

>>16219483
You fortunate bastard. What ticker?

>> No.16219541
File: 19 KB, 743x360, comeback.png [View same] [iqdb] [saucenao] [google]
16219541

the comeback is real bros

>> No.16219554

>>16219483

Congrats that’s a good feeling

>> No.16219579
File: 133 KB, 690x313, 1561505505976.png [View same] [iqdb] [saucenao] [google]
16219579

>>16219167
down around 0.8%
I would have done a little better if I hadn't slept through the open

>>16219203
crabbish
<hsibbarc>

>> No.16219592
File: 2 KB, 125x121, 1573503811205s.jpg [View same] [iqdb] [saucenao] [google]
16219592

Isn't stock money pretend money?

why is it a big deal when the stock market crashes ?

>> No.16219625

>>16219592
Based.

>> No.16219627

>>16219592
Cause you can get real money from stonks, dumb anime girl

>> No.16219647
File: 10 KB, 728x245, lhx call.png [View same] [iqdb] [saucenao] [google]
16219647

>>16219167
I was red until I made my first options play of the week, then I went green. Fifth win in a row.

>> No.16219649

>>16219592
If it's your money involved it's a big deal. Some poor fool took a bet on options and got 200k in the hole. Back in the 30's stock dudes offed themselves from sky scrapers cause one day they were rolling in green, the next they were in the hole broke as fuck.

>> No.16219654

>>16219592
stock money is pretend -> all money is pretend -> everything is pretend -> everything is real

why is it a big deal if reality crashes?

>> No.16219662

buy Unilever (UL)

>> No.16219671

>>16219647
Based. What made you bet on Harris? I bought a share around the same time.

>> No.16219686

>>16219592
>Isn't stock money pretend money?
fiat isnt real money anyways

>why is it a big deal when the stock market crashes ?
because there usually is an underlying cause (recession) but people often over react. im just loading up on cheapies while retards piss their pants

>> No.16219692

>>16219649
>Back in the 30's stock dudes offed themselves from sky scrapers cause one day they were rolling in green, the next they were in the hole broke as fuck.

Those were just made up stories by commies to keep children out of the stock market so their gains wouldn't compound over time.

>> No.16219703

>>16219459
about to start phase 3

>> No.16219732

>>16219671
First reason is It is down 7% in the past 3 months despite a strong quarterly report.
Second is today had an especially large dip on low volume with no news.
Third and the one that made me pull the trigger was other stocks in the defense sector was trending upwards so I figured it was overdue for a bounce.
I usually dump my options same day when I make a good profit like that but I have a strong feeling tommorow will be green since today still finished down despite a recovery.

>> No.16219745

>>16219671
Also I added LHX to my watchlist a month or two back thanks to a tip from an anon, perhaps it was you?

>> No.16219792 [DELETED] 
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16219792

>>16219249
Idk why but that phrase /CHEAPIES'd/ is funny. Anon how much did you buy DF at? Starting to get scared with my heavy position. Pic very related.

>> No.16219802

>>16219167
Red day. Enbridge and Blackberry sole green representatives. Baba bounced after i got stopped out but i didn't bother rebuying on account of you break my stop loss i don't trust your rally. We will see what we will see in future with the babas.

>> No.16219827

>>16219483
This is a wonderful although nail bitey feel when you realize if you had been just a little late you would have lost so much more.

>> No.16219836

STAY LONG $ARWR AND RIDE IT FO THE MOON.

>> No.16219851

my client today is raising her child as vegan and its taking everything in me to tell her that's probably child abuse

>> No.16219891 [DELETED] 
File: 182 KB, 1440x1421, Screenshot_20191111-142508.jpg [View same] [iqdb] [saucenao] [google]
16219891

>>16219449
Explain idk what you mean.

>>16219430
Closed some options at a loss earlier cause they keep tanking. Company is NEWM, thought dump was over and it tanks nearly 50 cents midday!

Pic related. Sold put options when it was around $7.60 since i wouldnt mind owning it. Then it tanks today, qyite a while since they blew earnings harder than the last 3 quarters -0.32

>> No.16219904 [DELETED] 

>>16219483
Lol that was funny. It's like the one of the succesful put options I bought on apple a while a back. Seconds after buying it the stock crashed.

>> No.16219915
File: 398 KB, 498x1012, 1569897503745.jpg [View same] [iqdb] [saucenao] [google]
16219915

>>16219851
that's messed up
how old is the kid?
did she breastfeed?

>> No.16219927

>>16219851
But imagine all the planets they will save

>> No.16219935

>>16219483
Lol

>> No.16219938
File: 338 KB, 1100x1372, 1572454791030.jpg [View same] [iqdb] [saucenao] [google]
16219938

>>16219387

>> No.16219995

>>16219851
Every human being is an experiment, and every parent fucks some things up. If they do everything right supplement wise, it could be a worthwhile experiment. Not my kid, so I wouldn’t get involved.

>> No.16220000

>>16219927
The answer is 0, they will save 0 planets. We all know the earth is fucked when the sun goes red giant so I mean unless somehow their veganism is going to change the earth's orbit this planet is fucked anyway.

>> No.16220006

Interesting to see just how DF does tomorrow. Gotta say from what I'm reading the annalist don't hold out much hope. Be a real kicker if my puny investment skyrockets to 5 a pop due to them pulling a miracle outta the hat.

>> No.16220027

>>16220000
You will be long dead before the sun does any such thing. Also those are quality numbers.

>> No.16220042

>>16220000
Z E R O

>> No.16220051

>>16220000
Nice quads

>> No.16220063
File: 184 KB, 437x467, 1561473805523.png [View same] [iqdb] [saucenao] [google]
16220063

>>16220006
best case is $2 per by Friday with amazing earnings (IE, they only lose a little bit of money)

>>16220000
wow those digits

>> No.16220082
File: 1.01 MB, 2011x2048, 51A4C5CA-EDCA-444E-AE04-D09AE9724A56.jpg [View same] [iqdb] [saucenao] [google]
16220082

>>16219745
Could’ve been, I’ve mentioned them a number of times.

I’m suddenly bullish on defense and aerospace, I think LXH is supposed to have good detection technology, radar and such.

This FUD article from Saturday’s WSJ has me feeling cautiously bullish

>> No.16220089

>>16220082
Obviously, I meant LHX not LXH

>> No.16220119
File: 677 KB, 717x720, 1564925644588.png [View same] [iqdb] [saucenao] [google]
16220119

>>16220000
catching quads 0 planets saved 0 fucks given

>> No.16220139

>>16219915
yes she did and she's aware of the hypocrisy but claims it was freely given to her son via consent from her and that other animals cant consent, which is true

>>16219927
kek

>>16219995
true. he has dietary restrictions because type 1 diabetes runs in the family so it makes a little sense. but a little chicken, steak, pork never hurt anyone

>> No.16220151

>>16219167
Up 1.48%, which is really just $1.78. All aboard the DF milk truck tomorrow

>> No.16220179

>>16220139
it's at least good for the kid that he/she/it got some breastmilk for early development
it would be near murder to try and raise a kid vegan right from the start
is the kid old enough to speak and ask for tendies?
Eating meat as much as Americans do is messed up, I agree with that, but raising a child vegan is worse.

>> No.16220188

>>16219212
saxobank (high fees) and interactive brokers (lower fees) are probably your best bet, degiro is not available

>> No.16220192

>>16220000
>answer is 0
>gets quad 0s

>> No.16220194
File: 247 KB, 1440x1495, CHEAPIES&#039;d.jpg [View same] [iqdb] [saucenao] [google]
16220194

Anons am I gonna get /CHEAPIES'd/?

>> No.16220201

>>16220139
Breastfeeding isn’t really hypocritical, it’s giving from yourself.

And while I agree, our food system is totally fucked and everything processed seems to be linked to cancer. Our meat is heavily processed unless you know some good ranchers and butchers or do your own hunting.

>> No.16220209

sell GOOGL

https://www.techspot.com/news/82711-youtube-can-now-delete-accounts-arent-commercially-viable.html

>> No.16220221

>>16220209
>more control is bad for big tech
Explain your thesis here

>> No.16220242

Tuesday the FDA will release all the topics under discussion during AMRN's meeting on the 14th. So judging by those we'll see just what issues the FDA has and how big a deal they are. We'll also be able to see if they are things AMRN can clear up with ease to appease the FDA. This may all be a big old "rubber stamp deal" depending on what the questions are. If AMRN passes this, you can be sure that the Dec 28th meeting will be a "rubber stamp" deal.

>> No.16220259

>>16220209
So what about people's accounts for the purposes of making comments? Get the vibe theyre shooting themselves in the foot with this, even though theyre likely doing this to clear up storage space and deleting anything against their agenda under a guise.

>> No.16220275

>>16220221
Basically they want to insta ban wrongthink channels instead of doing the algo demonetization routine of recent years. If i were an alphabet investor i would consider this a risky policy as it further increases their vulnerability to antitrust investigations. For now alphabet sites are still claiming status as, and benefit from, 'platform' designation as opposed to 'publisher' designation. They are attempting to weasel their way around the law acting like a publisher while maintaining benefits of platform. Facebook is in similar situation.

>> No.16220502
File: 1.05 MB, 1125x2001, 9D96794A-7A4D-409B-93E7-E58D1E74B69A.png [View same] [iqdb] [saucenao] [google]
16220502

What do we know about EXEL?

>>16219703
Optimistic? How does the new drug factor in to your thesis?

>>16220275
Yeah regulatory backlash could be a problem. But for all the shit Facebook has done, users don’t seem to care. People aren’t going to stop using google, and some think a breakup could create value.

>>16219745
LHX getting a lot of coverage lately

>> No.16220513

what is /biz/'s opinions on the keltner channel, especially when used with a hull moving average and combined with at least the macd, if not also the aroon indicator?

sorry, i have no one irl to talk to about stocks and TA, i need feedback from people who actually (at least potentially) know shit and also give a shit about this shit. my family just tells me to fuck off because i've only been into this for less than 6 months and am still learning and testing stuff and they won't care until real money is involved, it's really frustrating not having any moral support irl you know what i mean? originally i was like "oh shit if i figure something out i should keep it to myself and not tell anyone", but i absolutely need some kind of an outlet for my ideas or else im just talking to myself all the time.

>> No.16220612
File: 108 KB, 630x1061, it&#039;s just money, right.jpg [View same] [iqdb] [saucenao] [google]
16220612

explain this to me. like im 5 years old. why the fuck would you ever do this to yourself?

>> No.16220648

>>16220612
What if he made 30k?

>> No.16220656

>>16220275
To clarify this a bit as the media reporting on this are taking sides and both argue the other side is incorrect: there is no legal distinction between platform and publisher perse. Online sites are protected from liability for the things their users post to their site under section 230 of the Communications Decency Act. One side argues that sites must maintain neutrality in order to remain protected by section 230, however, this is not currently part of the law. Section 230 came about as a response to a case in 1995 which held Prodigy liable for user posted content on their site. Under traditional publisher law, the publisher IS liable for content made available through their service. Section 230 protects websites from that. The pro internet censorship side argue that websites need not adhere to any standard in order to maintain section 230 protection, which is legally the case... for now.

This is a secondary issue to antitrust law. Biggest vulnerability to antitrust on the part of big tech is colluding to deplatform a user from ALL the major players. Now there are legal problems re; competition.

>> No.16220662

>>16220612
>why do people take extremely risky trades
because they see people making big gains and want to do it too
once people want to believe in something, they start selling it to themselves, convincing themselves of it
people have been blowing up accounts since early times

>>16220513
I don't know much about TA. Many (most) of our regular posters don't actually use a formal, organized TA strategy.
If you have some kind of formal strategy in mind, backtest it in a realistic use case and see what the results are

>> No.16220694

>>16220612

Some people don’t care about risk. Financial risk physical risk there’s different types. There’s people that gamble with their life savings and future, there’s people that free climb 1000 foot rock walls.

>> No.16220712

>>16220513
I'm not familiar enough with that specific combination of indicators to comment. However, for any indicator system you want to thoroughly backtest it first. This means looking at a variety of charts on your preferred time scale and seeing what the indicator(s) said at any particular juncture and what the price proceeded to do from there. Make sure to measure and record all hypothetical trades you would have made using the indicators and see if you overall gained, lost, or broke even. Integrate stop losses in to this backtesting as sometimes the stop loss will get tripped before you ever see a sell signal from the indicator you use to tell you to get out.

>> No.16220720

Uh oh, PCG is tossing out over 13 billion to wildfire vics. Cheapies!? This may be the nail in the coffin for them. I mean hell, you know people are gonna be scamming this shit like crazy hoping to get a slice of that pie.

>> No.16220748
File: 1.10 MB, 1191x1587, 1561281569455.jpg [View same] [iqdb] [saucenao] [google]
16220748

>>16220694
The difference is barrier to entry
It is pretty easy to download an app on your phone, link a bank account, and send all your money.
And if someone is pretty new to the market, they might not fully comprehend the risk, or they might convince themselves that their decision is right, etc.

I get the comparison, but with physically risky activities you are really there, you feel it. Internet phone gambling doesn't automatically activate the animal parts of your brain, you have to do that consciously. Obviously that guy didn't, or else he wouldn't have bought options on ATVI lol.

>> No.16220778

>>16220648
Just seems like incredibly bad risk vs. reward. The most likely answer would be that in the long run even if he won 30k he'd then lose like 60k or some shit. When trading you want to be like the casino, have the odds in your favor in the long run not against you.

>>16220662
yeah, it's fucking stupid. i guess most people are stupid and are blinded by the upside without considering the risks. when you lose in the stock market you lose money, it's not like you either gain money or nothing happens. you'd think people would be more concerned with that is my point i guess. i certainly am.

im currently in the process of forward-testing with paper trading on think or swim. it's been going well but i don't have any outlet for bouncing ideas off of people and getting feedback, it's just been me myself and i currently. i feel like my family won't give a fuck until i all of a sudden make a ton of money, but at that point i won't need the moral support because i already have the money you know what i mean? i need the help now when things are difficult and uncertain and require a lot of data and testing and experimentation, which is what im currently doing... by myself (alongside internet research i guess but that is hardly another person i can discuss things with who actually gives a shit about it).

>>16220694
both seem stupid irl tbqh. you fall off a mountain and you fucking die, gg no re. you risk 30k you better be a fucking millionaire and not care about losing that much compared to your total wealth or you're retarded imho.

>> No.16220779

>>16220513
I mean.. that shit depends on how you want to trade I guess. Do you want to know when I used indicators like RSI, Bollinger, MACD, etc etc..? My first year when I kept losing money. All these sort of indicators will just drag out time and confuse you, but again.. what kind of trader are you?

>>16220612
That's just people that can't trade. They have what crypto people call the "HODL" mentality which usually fails a vast majority of times. A smart person that knows about risk management would have put his stop loss under heavy support and get stopped out if that support got smashed, the people "HODLing" are retards.

>> No.16220815

>>16220712
Also don't be too fussy about wanting an indicator that does multiple things. The stuff i use to indicate i should buy is not the same as the stuff i look at to tell me i should exit. Once i'm in a trade, a couple of the widgets i used to show buy signal are no longer relevant to me. Now it's the exit indicators taking the lead.

Very generally, for best protection against fakeouts, you want your entry indicator(s) to be a little laggy. You're entry will be considered by some to be a smidge late but this protects you more from false signals and gives you higher success percentage. Exit indicators, on the other hand, are more effective if they're quick. For example, maybe i want at least a week of da

>> No.16220826

>>16220815
...sorry. For example maybe i want at least a week of data to indicate a potential buy, but want out on no more than 2.5 days worth of data showing me to sell.

>> No.16220832

if you're holding df i hope you're ok with losing money

>> No.16220851

I can see holding some companies. Like DIS for example. The only way they'll be bankrupt is if Florida sinks due to Global warming or a hurricane wipes the park off the map. (or no more kiddies). In the 80's you could bag a season pass for Disney world for $100.00. Now your lucky to escape with 100 left. But they still cram people in there like it's nothing.

>> No.16220854

>>16220712
yeah, all stuff im already well aware of. and to be fair, i did pretty much just "dump" a bunch of ideas with no context onto that post, keeping it simple and not beating around the bush on purpose here. ultimately my goal is to make $50k/year off of day trading, if i can do that at least, any extra i make would just be gravy (maybe put into more risky investments). my money is currently invested in a biotech i believe will be bought out in the near future, while i wait i have been practicing day trading through my paper account. i have a pretty chill job so every day at work i can practice a few trades and see how i ultimately do. i plan on doing this until at least the end of next year, 2020. im essentially easing into it: i started with roughly 3 months of pure backtesting and research, then months of forward testing in paper trading (probably more than a year total), then i will start trading with small risk/reward ratios with real money, and if that works out i will increase the amount i trade. i plan on eventually having an account where i can just constantly trade with half of the account. for example if i have a $50k account, i'd trade with around $20-30k, 1% max stop loss per trade (maybe 2 but probably stick to 1), if i go down to $40k i'll trade around $20k, if i go up to $60k i can trade around $30k, etc. my goal is to make a job of it, so im putting in all of this extensive work upfront, but honestly i love it. i feel like this is my calling, i put so much time into it but it's fun to me. like some sort of incredibly deep strategy game: what do you think will happen next? that's the ultimate question.

we'll see what happens i guess but i've also heard that you could literally just flip a coin on whether to go long or short on any given trade, and if you have good enough money management and trader psychology, you will do well in the long run.big props to No Nonsense Forex, learned so much from that guy.highly recommended (and i trade stocks)

>> No.16220883

>>16220748
mainly i've been learning about options lately and i don't get it. why not buy ATVI stock and then write covered calls in that case? you don't literally know the future, any ER bet is a pure gamble. if he just did a covered call instead, he would at least be making money on the premiums as the stock went down, and it's likely to pop back up again soon where he could make a profit on the shares too, right?

>> No.16220910

FUCK BARRON'S
>The Next Videogame Cycle Is About to Begin. Here Are the 2 Stocks That Benefit Most.
>One videogame stock that won’t benefit from the 2020 launches is Nintendo. The console maker is on a different upgrade cycle and already had its time in the sun, a moment we also captured in this column.
>In January, we were bullish on Nintendo’s prospects, citing the stock’s attractive valuation and its valuable brand. The shares have risen about 33% since then, helped by a lower-priced Switch Lite console model and robust slate of new games.
>Now, it’s the rest of the videogame world that’s primed to rally.

>>16220883
>why not
because when your shares get called away, and you're down that far, sure you make a tiny bit back, but you have no real hope of recovery.

>> No.16220927

>>16220779
>Do you want to know when I used indicators like RSI, Bollinger, MACD, etc etc..? My first year when I kept losing money.

what do you do, then? i want to inevitably do stock trading in some form for a living with a goal of $50k/year, so im honestly down for learning about anyone elses strategy and considering it. really, lay it on me, link me to stuff, whatever. i've basically been developing and testing my own algorithm based on no nonsense forex, even though i want to day trade stocks. i generally let LiveTraders twitter pick the stocks i day trade (or at least make the watchlist), but after getting deeper into keltner channels lately i've been thinking that stocks that don't have news going on are much better to trade with the keltner. big news events fuck up moving averages and the like.

>> No.16220928

Options can fuck you over. Some bright lad thought he'd make a mint via options. Instead he got 200k in debt. Margin is kinda the same thing, I mean unless that stock goes up high enough to cover the loan, your fucked. In this case the brokerage just comes in and takes what it wants to cover the loan. You like your DIS stock? To fucking bad, we're taking it cause you owe us and this is your largest holding.

>> No.16220929

>>16220832
Sold my 100 at $0.81. Got five bucks. gonna use it to get coffee tomorrow with no milk

>> No.16220951

>>16220910
Nintendo's stock is gonna skyrocket next year. Animal Crossing is gonna be the one of the top three best selling Switch games of all time and Super Nintendo World is opening in the summer just in time for the olympics.

>> No.16220971
File: 64 KB, 900x1042, 15506216473441669380205394268090.png [View same] [iqdb] [saucenao] [google]
16220971

>Dean foods at 1.20
I'm officially financially ruined

>> No.16220978

>>16220910
>because when your shares get called away, and you're down that far, sure you make a tiny bit back, but you have no real hope of recovery.

what? if you own the underlying stock and you write a call for lets say $60 on ATVI and it doesn't get there, the calls expire worthless, no? you get the premium and, because it's a covered call, you own the underlying shares already, correct? and if it DID get to $60 (or wherever you were hoping it got to), you'd STILL get to sell your shares at $60 no? that's kinda how covered calls work unless im missing something. I'm pretty sure if I buy shares at $55 and write covered calls for $60, if it goes to say $100 i still get my $5/share profit, no? all it does is cap the profits but you still are making those profits if it gets there.

>> No.16220996

>>16220928
margin is good if you use it as basically free money to make multiple trades. it's not good if you use it to go all-in on a single trade. basically if you follow the methodology of "i can only lose 1% of my account max per trade", margin allows you to trade multiple stocks at the same time, each with that 1% risk of your initial account amount, without having to wait for your first trade to complete. it's literally free money if used properly especially for day trading.

>> No.16221015

>>16220929
good job

>> No.16221025
File: 111 KB, 1151x536, oof.jpg [View same] [iqdb] [saucenao] [google]
16221025

>>16220971
what was your investment thesis, exactly?

>> No.16221029

>>16220996
>IF you can guarantee a return beyond the rate of interest which is usually 5+% that's not cheap at all.

>> No.16221051

>>16220951
fuck I forgot about SNES World!
I should really be buying comcast too then... hopefully I can when all the media players obliterate eachother in the streaming war.

God damn I wish I had DCA'd down harder. The fucker won't dip!

>>16220978
He's 98% down though... I didn't realize that's probably because of calls but not on shares. Anyhow yes yes it's good in theory but there's always the risk that it spikes up and you lose money.

>>16221025
It's milk. He's betting on get woke go broke, own the libs and soibOys

>> No.16221053

>>16221029
iirc at least at TD ameritrade the interest rate is pretty much negligable if you day trade. it's a question of how long you intend to hold it for. so yeah obviously it becomes a problem if you're doing long term trading, but for day traders or potentially even swing traders it's a boon.

basically similar to options it's great if used properly and an absolute fucking nightmare if used improperly.

>> No.16221088

>>16220778
>it's been going well but i don't have any outlet for bouncing ideas off of people and getting feedback, it's just been me myself and i currently

that's one of the strengths/weaknesses of individual traders vs. teams
If you want to join a firm, there are ways to build strong teams and share workload to go after certain strategies. If you're going solo, your strategies should be taking that into account, depending on how much time you are putting in every day. If you're for real, you do really have to put the time in.

you can always come to /smg/ and ask questions, if you have something specific people will respond. Especially if you post your ideas in a clear way with chart screenshots. If you post a bunch of ideas it's harder to have a clear discussion.
After-hours and weekends are good times to talk through things, during trading hours the threads might move too quickly or people will be distracted by daytime things.

>> No.16221104
File: 74 KB, 1442x310, Screen Shot 2019-11-11 at 4.20.24 PM.png [View same] [iqdb] [saucenao] [google]
16221104

Well, this was unexpected.
Am I going to lambo land now?
Do I buy more?

>> No.16221106

LK gonna go down tomorrow after shit earnings

buy the dip

>> No.16221118

>>16221051
>Anyhow yes yes it's good in theory but there's always the risk that it spikes up and you lose money.


but you don't lose money if it spikes up. i guess you lose "virtual money", but you don't literally lose money, you just make less money. it caps your profits. that's why it's considered like "insurance", if the stock gets to your price you get your price, if it doesn't you still get to help cover your losses with the premium. if you write $20 calls for a $10 stock and it gets to $16 by OpEx you both get the premium and get to dump your shares at $6/share profit.

stock trading should be a business, not gambling. praying for a huge spike is gambling, ensuring you make a good profit with a high probability is a business. it's an important difference and one i've often seen mentioned in many books and videos on the subject. i look at this as a way to make a living without having a day job, not as a fucking lotto ticket, people are crazy i swear. what do you do, just bet all of your money in one go and if you lose you just kill yourself? i don't get it, i'd be terrified of that shit.

sure, gamble with extra money you have laying around, but you NEED to pay the fucking bills. what the fuck is wrong with people? idk... every time i see losses like that it's a cold, stark reminder, a vindication of all of my research, experimentation, and extensive testing. testing, testing, testing. high probability, low risk, strict rules. how people can gamble with their life savings just blows my fucking mind, fucking terrifying i don't know what better word to use for it. terrifying.

>> No.16221126
File: 178 KB, 1927x1378, 00 0 00.png [View same] [iqdb] [saucenao] [google]
16221126

>>16221053
>TD ameritrade the interest rate is pretty much negligable[sic] if you day trade

yeah I dunno about that lol
https://www.tdameritrade.com/pricing/margin-and-interest-rates.page

>> No.16221142

>>16220242
So... buy more now?

>> No.16221166
File: 281 KB, 660x857, 1573507190396.png [View same] [iqdb] [saucenao] [google]
16221166

>>16221142
buy BILI instead

>> No.16221222

>>16221088
i literally do this shit every single day now, since July of this year. like... every single day. at work, even. a lot of the things im naturally talented at apply to it (pattern recognition, deduction, strategy, logic, psychology, etc), and honestly it's really fun to me. even if i never traded a real dollar in my life, i'd likely still paper trade for the rest of my life. day trading beats most video games in terms of fun, that's how much i enjoy it, truly. it's just fun for its own sake, to me. there's so much depth in determining when to take a trade or not, what risk to set, and when to take profit, i have just fallen in love with it.

i don't live in NYC or near any sort of big city, becoming a broker is something i've toyed with but it's not really my style. /smg/ is easy for now, it's 4chan and anonymous and quick/easy to post anything. maybe that day will come but i'll be successful on my own before i'd decide to "upgrade" to a prop firm or some shit. i wouldn't do it the other way around. it's just a bit lonely sometimes, especially with something as mind-blowing as potentially a golden goose or a money tree. i feel like most normal people can't even comprehend something like this even being possible, so they remain highly skeptical if for no other reason than to protect their own egos because of all of the shit they put up with every day at their jobs. if they could just trade stocks instead they subconsciously feel like all of the shit they've eaten at their jobs over the years to pay the rent will have been for nothing, that they would be made a fool or something. it's a bit sad, but just motivates me more to not be like them to be honest.

basically, i already have a good thing going. i just wish i had someone especially IRL to talk to about it, who cared about it and thought it was as fun and exciting as i do. all i get are naysayers and skeptics who are afraid, it seems. even despite how much derisking i show them im doing.

>> No.16221285
File: 26 KB, 905x519, american etf.png [View same] [iqdb] [saucenao] [google]
16221285

post patrician ETFs

>> No.16221306
File: 1.18 MB, 1416x1340, Screen Shot 2019-10-27 at 7.16.53 PM.png [View same] [iqdb] [saucenao] [google]
16221306

>>16221166
holy damn...
>tfw trying to find a reentry after selling at 15.25

>>16221285
HAHAHA what's the ticker?
I was just eying DFEN today...
>3x leverage ETF's aren't safe to buy and hold!
uhhhh... damn dudes I don't know...

>> No.16221312

>>16221126
full disclosure, i have a margin account but i don't like to trade on margin, i just understand the theory. i've talked with my representative at AMTD a few months ago and i remember him saying something along the lines of the interest rate changes depending on how long you hold the stock for, so if you only hold it for less than a day or even say half an hour, it isn't really an issue. now, granted, this is something i would look more into once i get into legit day trading with real money, but it seemed like it's more a matter of how much you have in your account (i have around $30k) and how long you hold it for. like, is the base rate per day, per month, etc? i would ask how much extra money i'd have to pay to make day trades on margin if im not holding them longer than a day, perhaps even longer than an hour. similar to how much it costs to short a stock since you're borrowing stock on margin as well.

basically i'd ask them this before playing with real money and if it's really that bad, i'd just never short a stock and never trade on margin, simple. i doubt it's all that bad if you're day trading though, but i could certainly be wrong. i feel like fees become more of an issue the longer the time period you're trading over. also the recent $0 fees changes happened after september, idk how they effect those prices listed there.

>> No.16221313
File: 837 KB, 1439x1786, 1572086037131.jpg [View same] [iqdb] [saucenao] [google]
16221313

What apps or programs do you guys use for tracking net worth? I downloaded Personal Capital and used it for like 10 minutes before deciding that having all my financial and bank information in the hands of one company was a bad idea.

>> No.16221316

>>16221306
>what's the ticker?
SLIM

>> No.16221327

>>16221316
>invest in the battle AGAINST obesity
oh... I don't know about that...

>> No.16221338

>>16220242
While we're on the subject of biotechs: what is everyone's current feelings on SGMO? we had a serious rough patch but with the new CFO among other things I feel incredibly bullish going into december. I'd just be happy with a spike at ASH for HemA data but I've heard rumors of a potential buyout by PFE which is pretty spicy. Figure I'll probably sell on the spike but then buy back in when it inevitably crashes under $10 temporarily like it always fucking does like clockwork.

>> No.16221370

>>16221166
if China has one thing, it's people. holy fuck do they have a lot of manpower, that's for sure. overtake in skill though? ehhhhhhhh... but production for sure! (lol)

China is known for making a lot of things, not making GOOD things. name me 3 good chinese anime on the level of say cowboy bebop (easy target, i know), i'll wait.

>> No.16221377

>>16221338
>SGMO
Bad company to invest in atm, but I have high hopes for them simply because i think gene editing is sick.

>> No.16221378

>>16221327
Yea, that was one of the first ETFs I was considering investing in a few months ago when I started my TDA account. I didn't have much bread and figured most people only try to lose weight for a few months before giving up. That industry would cycle through a lot more customers than it retains.

>> No.16221379

>>16221313
Excel, what are you a fucking retard or something?

>> No.16221386

>>16220927
>big news events fuck up moving averages and the like.
Yes they do indeed, both to your benefit and detriment. This applies to all ta based trading. I strongly suggest fashioning a set of rules for yourself about predictable price moving events: quarterly earnings and Federal Reserve meetings. When selecting a stock swing trade i think it's important to see how the stock reacted to its last several earnings calls. Lately i'm leaning toward not even caring whether the earnings were actually good or bad, more what in the hell did it actually do on earnings day. If stock typically doesn't react much to earnings, great. If it has a habit of pumping or dumping 10%+, i'm going to adjust the size of my position before earnings day accordingly, all the way down to zero if need be.

>> No.16221393

>>16221379
>Excel
i think you mean google spreadsheet

>> No.16221395

>>16220656
I hope they get shit on. It appears that Twitter is the least offensive regarding this use of platform vs publisher, but maybe only due to incompetence.

>> No.16221399
File: 873 KB, 1200x1156, 1571546812054.png [View same] [iqdb] [saucenao] [google]
16221399

>>16218822
I NEED AN ANSWER NOW, PLEASE
ONLY 10 MINUTES LEFT IN EXTENDED HOURS TRADING

DF...DO I BUY IT OR NOT? DOES ANYONE HAVE AN EDUCATED OPINION

THANKS

>> No.16221412

>>16221379
No need to be a cunt man, I was just asking. I haven't had Microsoft office since graduating college.

>> No.16221426

>>16221377
PROTIP: they are cyclic, they spike and then crash every time big news hits. i bought in at the ISTH spike in July like an idiot but now that I know, it's an easily abusable formula. just look at the fucking charts dude it's the most obvious thing ever. buy the rumor, sell the news, short the fucking aftermath EZ money.

>>16221386
PROTIP: buy the rumor, sell the news. it's a well known saying for a reason. the key is that you should never play the event, instead you play the hype leading up to the event, and then the aftermath once you already know the results. trying to play an event itself is a gamble, because no one knows what will happen unless you've got some shady insider trading shit going on.

basically i think you need a strategy for no-news markets and for when news happens. the more i think about it the more i feel like it's a lot more predictable to trade while avoiding big news events as often as possible. like no nonsense forex avoids the popular currency pairs or any pairs that have news/controversy surrounding them at a given time, but with stocks. keltner channels get kinda fucked up when a stock just shoots to the moon or down to hell super fast instead of staying within the boundaries. you have to be looking for predictability, not massive profits in minutes.

>> No.16221444

>>16221399
Flip a coin or ask the magic 8 ball

>> No.16221453

>>16221412
It should be obvious to any respectable adult, though. also literally just get Open Office, it's the same exact fucking shit except it's free and open source. hopefully that makes up for me being a dick about it lmao.

>>16221393
whatever. use excel or an excel-like program, same thing. it's not that hard and even applicable to a lot of jobs (i use excel a lot as an engineer to tabulate data).

>> No.16221458
File: 211 KB, 1059x1200, x5x.jpg [View same] [iqdb] [saucenao] [google]
16221458

>>16221399
You need at least 1 share to be apart of the Dean party tommrow

>> No.16221461

>>16221399
buy it. that shit is going to the moon, kiddo. buy it BUY IT NOW!

>> No.16221462

>>16221426
>buy the rumor, sell the news.
Easier said than done famalam. That same idea can cut you off from a heap of gains too if done on the wrong stock.

>> No.16221463

>>16220996

It’s hardly free money. Using 3,000 of margin on Robinhood will run you $13.40 a month. $5 monthly fee and 28 cents Interest per day (5% yearly) on the 2000 over the 1000 included in the 5 dollar fee. Can you outperform that with 3 grand? Certainly. Will you? Maybe, maybe not. If you’re putting it into blue chip value stocks and getting your money’s worth it’s probably ok but the average idiot will likely be rolling the dice and going balls deep on penny stock plays with it.

>> No.16221466

>>16221444
so there is no guidance one way or the other....completely neutral?...3 minutes

>> No.16221477

>>16221462
you should be looking more at the downside than the upside in stocks, that's your problem. i'd much rather make less money than lose a ton of money.

>> No.16221481

>>16221399
when you sit on your hands, the worst thing that happens is you miss out on one of countless moon missions. If you buy, worst thing that happens is you erase your monies.

>>16221458
nuuuu my invitation!!

>> No.16221480

>>16221461
I know you are just trying to screw me...no one thinks it is going to the moon, maybe just a decent play

>> No.16221482

>>16221466
Hwat did the magic 8 ball say?

>> No.16221492

>>16221477
Lol okay champ.

>> No.16221498

>>16221463
>on Robinhood

stopped reading there, lmao

>>16221480
ahhhh, you caught me, i have no fucking clue. but your 10 minutes are up, did you buy or short or nothing?

>> No.16221508

>>16221492

is this you?: >>16220612

but hey, muh potential profits amirite? xD

>> No.16221540
File: 107 KB, 828x654, fresh1566587489949.jpg [View same] [iqdb] [saucenao] [google]
16221540

>>16221338
SGMO is for chads only
As far as I know it's just me and some Australian dude who are the /smg/ SGMO owners
most people here would rather buy LCI or SNSS

be careful to try and flip it. There will come a day, sooner rather than later, where it won't go back under $10 after hitting $12.50. It's a $20 stock

>> No.16221575

DF and JCP big movers tomorrow

>> No.16221597

>>16221453
>It should be obvious to any respectable adult, though.

It's obvious to people who spend all their time using a computer at work and making spreadsheets which not everyone does. For the entirety of my college career I only used PowerPoint and Word except for one biology class for which I had to use Excel like 7 years ago.

I appreciate the tip, but don't be a faggot just because you know something someone else doesn't. But yea thanks, I'll do that instead of risking all my data getting leaked.

>> No.16221601

>>16221540
make that 3 because im neither australian, nor am i you. 3000 shares, all of my money. i survived that huge like 30% drop because of CHYNA, my only regret is that i wish i had been writing covered calls this whole time and at the very least collecting free premiums. december is looking wonderful now, perfect time to buy in honestly. i bought in too early but i know now i'll be fine ultimately, the real question is do i buy back in after the next spike in hopes of a buyout some time next year? time will tell i suppose. this was my one big fundamental analysis trade... never again. especially not with this CHYNA shit going on, never. TA or nothing.

>> No.16221640

>>16221597
same here
I wish I knew how to do spreadsheets good. Feels like it would a good tool for a lot of things, like maximizing protein per dollar in creating a grocery budget and dietary routine, that kind of stuff.

>> No.16221641

>>16221597
glad i could help :^)

>>16221575
as someone who years ago called the idea of shorting JCP because "who the fuck goes to JCP to buy clothes anymore when amazon etc exists?": sell me on this big JCP move going on tomorrow. Just pure morbid curiousity, I have no stake it's more just a nostalgia thing for me. idk why you'd ever go long on that turd. I can't logically think of why anyone would ever go there irl in 2019.

>> No.16221694

>>16221640
you're not wrong. it's not even that hard, you just have to put the time in. not even a lot of time in all honesty.

>> No.16221777

Anyone here use Fidelity and want to steer me away from it?
Dead ass holiday at work so I spent a good chunk of time looking up all the platforms and I want to think I settled on it. Would use for safer mutual funds at the start and probably eventually dabble in individual stocks.
Was also looking at Vanguard which apparently is garbage outside of its own stuff, Schwab which has a terrible name and interactive brokers which looks far too newfangled and advanced

>> No.16221847

>>16221777
>Schwab which has a terrible name
Wasted jackpot trips

>> No.16221901
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16221901

https://nypost.com/2019/11/11/american-robots-lose-jobs-to-asian-robots-as-adidas-shifts-manufacturing/

damn. Even our robots can't compete :(((
International battlebots when?
Robot wars in the Olympics, fucking WHENNNNNN ????

>> No.16221906

>>16221777
I use TD Ameritrade, Think or Swim is awesome, $0 fees now since october. im very happy with it, just my opinion.

>> No.16221916

>>16221901
it's hard to compete in a race to the bottom. companies are more and more in the business of trying to build a better slave it seems.

>> No.16221919

>>16221901
KEEP AMERICAN JOBS FOR AMERICAN ROBOTS

>> No.16222064

fucking futures red again. ((they)) are crashing this shit with no survivors tomorrow.

>> No.16222099

>>16220927
Well I was going to show you a picture of my typical chart but I've been range-banned again so w/e. To put it simply because I'm too lazy to type a wall of text, my chart is pretty much empty except the vwap and a few support/resistance lines in case I forget about it.

>Vwap
Never long if price is above it and never short if price is under it. Clear exemptions if you're scalping and price is showing a clear bearish or bullish trend.
>Candles/pattern recognition
Knowing shit like swing highs, swing lows, local lows/highs, etc etc. Will help you find the best support/resistance.
>Support/resistance
Obviously you need to know how to locate support/resistance, the most obvious ones are where price will most likely bounce because that's where a majority of people will have their orders placed (along with where algos will react). So confirming support/resistance on higher timeframes (4h, 1d, 1w, 1m) is important.
>Risk management
Probably the most important part of trading if you ask me. Having your own rules when trading and enforcing them with stop losses and profit targets will save you a lot of money because you will lose a majority of your trades no matter what. For me, I never risk more than 2% of my portfolio every trade.

I mean there's nothing else to it, everything should be in your head when trading and the only time you need to look at the chart is to locate areas where to buy/sell, the current trend and where vwap is located. People keep overthinking trading like it's the most difficult shit on earth but the only hard part is getting over the psychological hurdle and understanding that you WILL lose a majority of your trades and the way to avoid going bankrupt is to learn risk management, never enter a trade without a stop loss set. That's pretty much how I've been trading for 2 years now

>> No.16222103

>>16221313
Hot damn I love big titty milkers. I don't know why half you faggots are gay and like to shit on dicks.

>> No.16222111
File: 232 KB, 446x443, faust_give_up_dreams.png [View same] [iqdb] [saucenao] [google]
16222111

>>16220971
If I ever get out of my DF or CHK holes, I promise no more gambling :^) I'll put my money into safe boring dividend stocks. Seriously, I really gotta stop trying to catch the knife on these shits.

>> No.16222120

Whoo PCG is falling, oh thank you cheapie god. Time to strike on the early rise while others are still asleep all comfy wise. Forking out 13.5 billion will do oh such nice things to your company stock, heh. $3.55 again soon I hope.

>> No.16222135

>>16221777
My 401k is with fidelity because of work. Other than that TDA has a much better website, app, and tools.

>> No.16222142
File: 279 KB, 1878x1342, Screen Shot 2019-11-11 at 6.09.45 PM.png [View same] [iqdb] [saucenao] [google]
16222142

Oh boy is this a buyable dip yet?!

/Sumitomo Mitsui Financial/ bros WW@!?!?

>> No.16222155

>>16219180
>>16219167
>Burger King brings a plant-based Whopper to Europe
Oh boy you guys are in for some big veggie money now!

>> No.16222211

is walletinvestor an accurate website?

>> No.16222234

>>16222142
Japs are weird as fuck though. I would probably buy around 3840-3860, provides you with a nice stop loss aswell under 3800

>> No.16222320

>>16222234
True... very weird. Thanks for the trade advice, not sure how to translate that to the ADR for American investors though.

these guys MIGHT handle the Jap IPO of Saudi Aramco, and morning Star has them on their list of best ideas with a 5 star rating. No moat though. They’re also one of the top holdings of the Japan value etf.

>> No.16222536

>>16222099
i thought the idea was the opposite? price action above the VWAP is bullish, no? i guess you assume price is always going to gravitate towards the VWAP?

try making a keltner channel with a hull moving average set to 89 periods, with the channel being at 2x, 3x, and 6x the ATR. buy at the bottom levels, sell at the top levels, take profit at the moving average itself. avoid news events, use multiple time frames. a lot of it is about picking the right stocks that you can identify play well/predictably within the keltner range.

this video is great: https://www.youtube.com/watch?v=2Z3EfqfORVk

i never fucking hear anyone ever talking about the hull moving average even though it's fucking amazing. maybe im crazy, idk.

>> No.16222678

Heh, I might just hang on to my DF stock long term. It's not a big stake, a few bucks wouldn't mean the end of me regardless of how it plays out. (Could prob find the investment cash used laying around the house somewhere to be honest if it really came down to it)

>> No.16222702

>>16222678
just a shame they don't pay out a divvy anymore. it'd be a shocking 15% now if it did.

>> No.16222922
File: 738 KB, 1125x1643, D1AF33CA-C7CD-45AE-9069-03FAFE74869D.jpg [View same] [iqdb] [saucenao] [google]
16222922

INNATE PHARMA
WHAT DO KNOW ABOUT THESE GUYS?!
IPHA

Very new, very interesting...

>>16222320
Oh... I guess all I have to do is convert yen to usd... heh
I’ve got a good feeling about these guys, but they report earnings this week. I might buy some anyways.

Kind of want to go on an ADR spree:
IMBBY, SMFG, AZN, GSK, RHHBY, and SNE all look interesting to me.

>> No.16223059
File: 14 KB, 649x278, IQ.png [View same] [iqdb] [saucenao] [google]
16223059

Do traders have high IQ?

>> No.16223064

>>16221575
Which way anon? JCP earnings is Friday.

>>16221458
Which way is this party going? Large banquet hall or dumpster fire?

>>16221399
Idk anon but I sold a lot of put options on them.

>>16220971
>>16222111
How large are your positions?

>> No.16223085

Does anyone have opinions on JMIA, DRRX, MAXR, and MO? Jumia er tomorrow and interested in getting for the possible pump.

>> No.16223094

pls smg gimme youre best resource to learn options trading

>> No.16223095

>>16223059
If you were to do a poll of all the professional ones it would probably indicate a slightly higher average. Bell curve nudged a bit to the right sort of thing in comparison to the global average. Include all people who trade stocks, home gamers and pros inclusive, I bet the curve wouldn't be significantly better than global average. It's not like the barrier to entry is high although there likely would be a correlation between high IQ and demonstrated success.

>> No.16223127

All you have to do is make one trade a week at a 2% gain and you will double your money

Why didn't I think of this before

>> No.16223132

>>16223127
magic

>> No.16223140

>>16223127
whoa

that's wild bro

>> No.16223164

>>16223132
>>16223140
>Tfw started trading July after being a pothead my whole life

I'm up 10% tho

>> No.16223167

>>16223164
how does it work though

>> No.16223173

>>16223167
Literal meme magic

>> No.16223174
File: 170 KB, 1920x1080, 34hnsmamSfO75xvIN7-o.jpg [View same] [iqdb] [saucenao] [google]
16223174

>>16223164
>he doesn't trade high every day
Never gonna make it tbhfam

>> No.16223452
File: 751 KB, 1125x1998, 588E901B-CEA9-4680-A88E-46AC7C807831.jpg [View same] [iqdb] [saucenao] [google]
16223452

https://podcasts.apple.com/us/podcast/thoughts-on-the-market/id1466686717?i=1000456502711

Thoughts? Sounds like he’s predicting a January swoon followed by an economic recovery at the end of 2020.

>> No.16223514

>>16223452
I haven't listened to the show but long term predictions like that are so difficult, especially so when you're not only predicting upcoming move but the longer term recovery after said move like that. So I dunno. I will take steps to guard against downturn as always and deal with it when it needs dealing with.

>> No.16223656

Asian has settled down for the time being looks like. China mild red, Hong Kong mild green, Japan mild green. Probably some more snibby business for US tomorrow.

>> No.16223659

>>16223059
I'm an INTP and i know there are a few other INTPs in here.. INTP is likely to have the highest IQ of any of the 16 personailty types... so yeah.. i'd say there's a lot of high IQ traders.. i'd also have to say theres a lot of low IQ traders that make good money just because they have a basic understanding of something going up and down.

>> No.16223829

>>16223659
How bout istp?

>> No.16223887

>>16223829
>>16223659
The four letter thing has no diagnostic value at all, and was cooked up by a bored housewife and her mother in law after reading some Jung. They’re worthless. About as useful as a buzzfeed “which Sex and the City woman are you?” quiz.

>> No.16223903

>>16223887
that's a very INTP way of looking at things

>> No.16223929

>>16223829
i don't know much about ISTP.. i just know there are others INTPs itt and that INTPs usually have a high IQ.... there seems to be a lot of INTPs on 4chan in general.....

>>16223887
I disagree.

>> No.16224037

>>16223929
Look into the literature, do some research, for your own damn sake.

>> No.16224059

>>16224037
I have.

>> No.16224066
File: 50 KB, 564x445, main-qimg-45e32f8f2ca2b2fe7e1828cb3d176416.jpg [View same] [iqdb] [saucenao] [google]
16224066

>>16224037
>>16224059

>> No.16224155
File: 42 KB, 530x461, 0___037.png [View same] [iqdb] [saucenao] [google]
16224155

Futures are green again everybody put your party hats back on.

>> No.16224179
File: 16 KB, 233x203, xyz.jpg [View same] [iqdb] [saucenao] [google]
16224179

>>16223064
>banquet hall or dumpster fire
Dont know. a lot of /smg/ battledroids decided to buy in today so it might crash

>> No.16224259
File: 425 KB, 700x900, 5A591227-010C-4587-931B-3AFE2D21E640.png [View same] [iqdb] [saucenao] [google]
16224259

>Nintendies and Sumitomo did a complete reversal and now the dip is a rally
Fucking japs god damn it
GIVE ME AN ENTRY POINT

SHORT LUV

>> No.16224289
File: 1.07 MB, 921x1536, FUTURES_PARTY.png [View same] [iqdb] [saucenao] [google]
16224289

>>16224155
>Futures

>> No.16224294

What's the thinking on Dean's Foods anyway? Are they expected to beat this time?

>> No.16224306

>>16224259
nintendo will go sub-$40 on Dec 26

>> No.16224307
File: 1.19 MB, 1009x1009, Kiseki.no.Sedai.full.1292909.jpg [View same] [iqdb] [saucenao] [google]
16224307

>>16224289
NICE

>> No.16224318

>>16224294
Who thinks DF will go up? its gonna sink even farther after the earnings report.

>> No.16224326

>>16224306
what the fuck makes you think that?

>> No.16224339

futures lul

>> No.16224342
File: 133 KB, 634x951, 19562120-7560773-Jared_s_Joker_A_new_report_from_The_Hollywood_Reporter_revealed_-a-2_1570775695268.jpg [View same] [iqdb] [saucenao] [google]
16224342

bros will CVS recover

>> No.16224448
File: 3.69 MB, 800x533, GainsParty.gif [View same] [iqdb] [saucenao] [google]
16224448

>>16224342
What? Yes. It's already well on it's way. If you've been DCA'ing down and reinvesting dividends you should have made bank.

I sold it too low right after their earnings beat, and I want to buy back in. It's an absolute darling of the analysts right now, who think it's perfect for the recent rotation into value.

>> No.16224741

>LCI short interest up 6%

>> No.16224928
File: 102 KB, 988x1200, 1568589748792.jpg [View same] [iqdb] [saucenao] [google]
16224928

>>16224339
It seems asia deciding not to freak out for a second day brought the optimism back a little. China is buying the dip, Hong Kong green, Nikkei trading nicely green.

>> No.16225191
File: 116 KB, 1024x762, 1568384381858.jpg [View same] [iqdb] [saucenao] [google]
16225191

I wonder what Virgin Galactic is going to do this week. It's been climbing steady like for the last four days.

>> No.16225203

had to take yesterday off, what happened? the usual - no news dip buy on low vol?

>> No.16225223

>>16220139
>but a little chicken, steak, pork never hurt anyone

...except the animal that dies for it you imbecile

>> No.16225425

>>16225203
That's about the shape of it.

>> No.16226022

>>16219836
>STAY LONG $ARWR AND RIDE IT FO THE MOON.
hasn't this grown too much already?

>> No.16226037

>>16222536
Vwap is not an indication if price is bullish or not, price always tend to like you said "gravitate" towards vwap, so on the daily timeframe going long when price is above vwap is usually a stupid idea. This is why you see price some times tanking under vwap before being bought up again, rather than bouncing heavy on support above vwap, but again.. during a very bullish scenario price will usually stay above the vwap for the entire day, that's why it's also important to locate the daily trend if you want to scalp for the day. Vwap is basically just a good security measure to have since most people (especially algos) uses it.
I mean.. like I said, I find it just confusing and overwhelming to use these kind of indicators because they dictate where you should look for entries. It's much simpler to just identify heavy support areas under vwap and heavy resistance above the vwap by looking at the chart. It makes the chart so much cleaner and you don't cloud your mind with an indicator telling you "nope, it's not at the bottom yet so keep waiting", not to mention that if price moves a lot with heavy volume the channels will change drastically and suddenly you're stuck in the middle of the range (because that shit can happen daily if you're unlucky). Meanwhile by just trading normally, you can preemptively place your orders at heavy support under vwap where you think price will bounce and that's it. No need to wait for the channels on your chart to move.

I'm not saying it's bad and that it doesn't work, but I don't enjoy trading like that at all. I made a simple chart now before the markets open that I will post later today if I get unbanned, just to show how easy it is without having different moving channels and lines on your chart.

>> No.16226118

>MSFT
Based

>> No.16226340

>>16226118
of course its going up/good, its msft goddammit, why u shillin so hard

>> No.16226374

Trump tweeting: "Economy is BOOMING. Seems set to have yet another record day!"

I think it's obvious he will push a tweet out that will moon the markets today, be ready.

>> No.16226399

>>16226374
did anyone notice how two weeks ago he tried to prop up the econ by tweeting a few times 'spend your money well'?

>> No.16226446

>>16218965
>Make sure there’s no bonds
why no bonds?

>> No.16226453

>DEAN FOODS FILES FOR CHAPTER 11 BANKRUPTCY REORGANIZATION

>> No.16226466

>>16218973
>when things are super volatile, it's better to be the one selling the options
why?

>> No.16226468

>>16226453
oh shit, call anons on suicide watch, stock halted

>> No.16226470
File: 143 KB, 1785x901, SPY.png [View same] [iqdb] [saucenao] [google]
16226470

HOW THE FUCK DO I KEEP GETTING IN AT THE WRONG TIME?????

>> No.16226476

>>16226453

>>16215348
>>16216345
>>16216741
>>16217216
>>16217396
>>16217592

>> No.16226499

>>16226340
I am Satya Nadella and it's too early in Seattle to do anything else.

>> No.16226520
File: 96 KB, 686x216, AAAAAAAAAAAAAA.jpg [View same] [iqdb] [saucenao] [google]
16226520

>>16226476
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
MY MCDONALDS MEAL TENDIEESSSSSSSSAAAAAAAAAAAAAAAAAAAAAAAAAAAAAaaaaaaaaAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.16226532

>>16226466
Option prices get pushed up by expected volatility.

>> No.16226645

>>16226520
Kek'd, I'm glad you people only trade with a small amount. But there's at least one guy here that bought like 5000 shares at 0.73 yesterday, probably shitting his pants right now

>> No.16226659

Fucking hell Paradox why do you have to make me shudder so much

>> No.16226698

>>16226645
Bro I didn't need to hear that. Now I feel really fuckin' bad for that guy.
Down but not out, I mean it's chapter 11... then again I don't fuck w/stocks that go through bankruptcy very often so maybe reformation is code word for "slow mayan bleeding sacrifice".

...when DF goes to .15; I say we all buy it en masse and become the majority shareholders.

>> No.16226759
File: 137 KB, 1080x1920, Screenshot_Robinhood_20191112-070053.png [View same] [iqdb] [saucenao] [google]
16226759

Ok boomer

>> No.16226775

>>16226698
Kek'd, why? He decided to play earnings on a dying company, that's pretty much begging to get wiped clean. Not to mention DF had no positive outlooks at all.. none. So the fact that he bought that much is just him deserving to lose it.
I will only buy if the shuffle works out in their favour, clearly they have to wipe the company clean and start over and if they manage to do that then yeah I'll put some money into it

>> No.16226803

First snss then lci now df why the fuck Do I listen to you fags fuck me man

>> No.16226822

>>16226803
Always filter tripniggers and do the opposite of what's shilled here. Also do your own damn research and stop chasing meems

>> No.16226825

>>16226453
OH NO NO NO

>> No.16226832

>>16226803
>>16226822
Buy GORO

>> No.16226850

AMRN pumping during premarket. Is there a free site to see premarket info like volume?

>> No.16226864

>>16226850
New to all of this, why is AMRN so high? It’s it going back down to 16 or did I miss the boat?

>> No.16226867
File: 34 KB, 432x343, ahh yess hmmmm.png [View same] [iqdb] [saucenao] [google]
16226867

>>16226775
Remembered why I bought 15 again, lmao alright.
To this day I harshly question the validity and the source of these fucking statistics that wallmine gets. I know they're fudged but it's been a really good general indicator of retarded idea to not entirely retarded idea. All the in-depth stuff that'd be really useful (like debt-to-assets and cash flow) seem broken 9/10 times. Thanks statistics.

>> No.16226914
File: 26 KB, 418x454, groovin.jpg [View same] [iqdb] [saucenao] [google]
16226914

Where were you when you realized that the only way to Make It (tm) is to write covered calls?

>> No.16226916

>>16218965
>Make sure there’s no bonds
why no bonds sorry?

>> No.16226934

>>16226864
Today is the day
>>16226803
As I said many times, SNSS is a buy and HOLD until ASH. I say it every time, I say it again now.

>> No.16226945

>>16219002
>it's always good to be the one selling the options
why?

>> No.16226952
File: 262 KB, 1280x720, crab17.jpg [View same] [iqdb] [saucenao] [google]
16226952

>>16226945
because I said so

>> No.16226962

>>16226934
Should I buy? I thought it was supposed to sink until the 14th?

>> No.16226967
File: 115 KB, 733x661, 93f426a3-d344-41ca-89f2-b1eb2b35cb1f..png [View same] [iqdb] [saucenao] [google]
16226967

Looks like AMRN is good to go.

>> No.16226976

>>16226962
Buy for AMRN or SNSS?

>> No.16226986

>>16226976
AMRN; will it get cheaper before December, or is it just rocketing from now?

>> No.16226991

>>16226453
how the fuck did anons not see that coming?

>> No.16226998

>>16226986
uh if the amrn shill is right (and I hope he is) it should just go straight up from here

>> No.16227027

>>16226453
>The food company intends to use the bankruptcy process to protect and support its ongoing business operations and address debt and unfunded pension obligations while it works toward an orderly and efficient sale.
>Dean Foods says it's in advanced discussions with Dairy Farmers of America regarding a potential sale of assets.
>Shares of Dean Foods are halted.

It's all going to plan....

>> No.16227028

>>16226476
hey I'm the first guy who bought 100. I actually day traded that yesterday assuming that the stock would up a small amount due to the earnings report and i actually made five bucks.

>> No.16227032

>>16226952
HE BOUGHT?

>> No.16227039

>>16226986
Pretty sure it's going straight up from here until a buyout. I'm up a shitload of money now and I'm still gonna hold it for a bit.

>> No.16227045

Fed didn't repo yesterday so they came in hot with $110B today

>> No.16227048

>>16227028
You gave heart attacks to schmucks, gj

>> No.16227071

>>16227032
domp et zen paint et ze bullflag

>> No.16227088
File: 3.49 MB, 331x181, 1562799976440.gif [View same] [iqdb] [saucenao] [google]
16227088

>>16227032
>>16227071

>> No.16227118

>>16227045
In case anyone is wondering why, it was Veteran's Day in burgerland, bank holiday

>> No.16227124

>>16219046
>Is this the only news galt has for the liver and oncology conferences?
why Are GALT and lci shilled so much here?

>> No.16227177
File: 234 KB, 534x972, _kuujou_jolyne_jojo_no_kimyou_na_bouken_and_etc_drawn_by_pikurusu_9ceb375a1ddb6bb3679a1938a5e10e19.jpg [View same] [iqdb] [saucenao] [google]
16227177

gween day

>> No.16227216

>>16227118
Ah it never occurred to me. I had to work anyway

>> No.16227224

>>16227124
High growth theses.
>>16227177
Digits confirm

>> No.16227236

>>16227124
Two very different stories, with two tripfags who associate their identity with the stocks.

>> No.16227238

Buy DIS

The Disney+ launch is looking good. No issues reported so far.

>> No.16227261

REEEEEEE WHYD I ONLY BUY 18 SHARES OF AMRN?!?
What’re your stacks like?
Shouldn’t have bought those 10 shares of WKHS...
>>16227238
>buying the news
I try not to do that

>> No.16227274

>>16227238
bought my DIS calls weeks ago.

>> No.16227276

It seems like a good moment to sell my index fund and wait for the dip to buy back in.

>> No.16227279

>>16227261
>10 shares of wkhs
what's the point?

>> No.16227285

>>16227279
Making sure my gains don’t outpace my losses

>> No.16227296

>>16226453
Ahhh fuck i lost 2k

>> No.16227313 [DELETED] 

I am such a fucking idiot

>> No.16227319

cron posted decent numbers

>> No.16227324 [DELETED] 

>>16226453
Realistically what does this mean for me?

>> No.16227341
File: 153 KB, 821x937, 2019-11-12_6-18-37 repos.jpg [View same] [iqdb] [saucenao] [google]
16227341

FED REPO $112 BILLION
LARGEST OVERNIGHT REPO YET

It's almost bumping up to the $120b cap that they increased to from $75b just a week or two ago

>> No.16227347

>>16227238
https://www.cnbc.com/2019/11/12/disney-plus-experiences-errors-connecting-on-launch-day.html

>> No.16227353 [DELETED] 

Do i swll my df options at a loss or is there hope. Dont wanna be tricked into selling

>> No.16227387

>>16227347
my calls are good till january. I'm good.

>> No.16227412

I finally start selling options and i get screwed over by selling df puts options ahhhhh. The most critical time i shouldve bought put options or at least protection on DF and i got screwed ahhhhhhh. 3k lost!!! I should just stop trading i cant do this right at all. I gain a few hundred and i lose thousands!!!!! Why the heck do they wait until earnings to announce bankruptcy!!!!!!!

>> No.16227451

>>16227446>>16227446>>16227446
>>16227446
>>16227446
new thread
>>16227446
>>16227446
>>16227446>>16227446>>16227446

>> No.16227457

>>16227412
Could be worse. You could be me buying a few hundred shares on Friday to sell covered calls. I made $60. Bout to lose $600. In the past two weeks everything has just gone to shit

>> No.16227463

>>16227412
>Why the heck do they wait until earnings to announce bankruptcy!!!!!!!

Exit scams aren't unique to crypto.

>> No.16227560

>>16227261
I have 170 shares at an average of 15.61 per share

>> No.16228036

>>16221377
>Bad company to invest in atm
why at the moment?

>> No.16228283

Are mutual funds a meme? My parents set me up an account with our family investment firm when I was 18 and I've put 20k into these basic bitch mutual funds that are like 70/30 high/low cap orsomething. Im 21 now.