/smg/ - Stock Market General

[Anonymous No.9451702]

[Embed] Edition

Popular brokers for stock trading:
Robinhood
>commission free and no minimum to open
http://www.robinhood.com

> How is it free?
Robinhood earns revenue by collecting interest on cash/securities and fees from their Robinhood Gold service

> It's been X days, why isn't my account verified yet?
Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.

> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

Interactive Brokers
>$1 commission per 100 shares. $10k minimum to open, $3k if 25 or under. Lowest margin interest. Free API access
http://www.interactivebrokers.com

TD Ameritade
>$6.95 commission per trade. No minimum to open. Fantastic data/charting through their free ThinkorSwim service
http://www.tdameritrade.com

Degiro (Cheap broker for Europeans)
http://www.degiro.eu

Free in depth charts:
http://www.tradingview.com

Premarket Movers:
http://www.nasdaq.com/extended-trading/premarket-mostactive.aspx

Earnings Report Calendar:
https://biz.yahoo.com/research/earncal/today.html

Biopharma Catalyst Calendar:
https://biopharmcatalyst.com/

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

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
https://www.investing.com/indices/us-spx-vix-futures

Basic rundown on Options:
Part 1 : https://www.youtube.com/watch?v=TBAQtjyqNHw [Embed] [Embed] [Embed] [Embed]
Part 2 : https://www.youtube.com/watch?v=SuTTzfa4ePE [Embed] [Embed] [Embed] [Embed]

FED shitposting schedule
https://www.investing.com/economic-calendar/

previous thread boards.4chan.org/biz/thread/9441977

[Anonymous No.9451730]

Buy RIOT

[Anonymous No.9451798]

the theme of the thread is scotch brite sponges
Buy 3M

[Anonymous No.9451805]

Whats the play tomorrow? futures down again

[Anonymous No.9451833]

>>9451805

buy things you like on sale. we'll be much higher eoy

[2 scoops !!DU22SQMj6dQ No.9451835]

First for my financial fanfic that will probably earn me a cease and desist letter

[Anonymous No.9451856]

>>9451805
3M

[Anonymous No.9451874]

>>9451835
Your will get beat up by Mikey T

[The Eternal Bear !yGpeLiYA4k No.9452169]

Fucking hell

STALKER 2 has been announced. I need to make enough money to live for 5 years so I can /zone/ life it https://www.stalker2.com/
AH NUUUUUUUUU

[reluctant kneepad girl No.9452282]

How to short Opiates???
(Even though me will use painkiller rest life)

>>9451805
All in SPXU

[Anonymous No.9452325]

HMNY
ALT

[Anonymous No.9452330]

>>9452282
>all in SPXU
You IDIOT
G.O.L.D.E.N

[Anonymous No.9452340]

>>9452282
you could short TEVA, JNJ, AGN

but I wouldnt recommend it

[Anonymous No.9452349]

>>9451702
Until my sophomore year in college, I thought the dark green part of the sponge was a handle... then I was informed it was a hard scrub for harder dirt spots.

[Anonymous No.9452365]

>>9452282
you're a guy, aren't you

[Anonymous No.9452416]

>>9452340
WHAT THE FUCK dont short JNJ thats literally the biggest healthcare conglomerate

[Anonymous No.9452437]

>>9451382
McDonald's, they own tons of real estate and can feed the masses

[Anonymous No.9452548]

The Nikkei only gaps down 100 points
Strong suppport

[BagholderExtraordinaire !kDjFcJuZkQ No.9452610]

>>9451805
I dunno, I'm drunk lol. I still think gold has room to fall before it's next leg up. I wish I was paying closer attention to the GLD fund with regards to the spot price, and relative strength of the dollar but it is getting close to support. Lots of big money is flowing into long gold positions and accumulating for the next leg up, but if the dollar keeps going up shit this gold is going to be worthless crap and men around the world will be using green backs to get ladies to drop trough.

Oil still has room to increase, we're not even close to this one topping out for the season.

Now lets get to SPY and VIX. I think the natural ebb and flow right now is to see this VIX hit 16 some time tomorrow and settle its self back out. This would mean open longs when this is pointed out to everybody.

[Anonymous No.9452745]

>>9452282
step 1. ingest 1/3 bottle of your painkillers.
step 2. drink 5 shots of whiskey.
step 3. take a traders nap.

[Anonymous No.9452830]

>>9452437
This, Mcgriddles are dank
Buy Mcdonalds

[Big5Guy !JsYyJw4ORs No.9452840]

seriously guys ALT could be a multi day runner..

i really don't want to hear you pessimistic response.. either buy or dont and kick rocks

[Anonymous No.9452881]

>>9452416
>JNJ thats literally the biggest healthcare conglomerate
Kek, I just thought the did baby lotion and shit

[Anonymous No.9452913]

>>9452840
Big5 you're acting like a ST fag. Stop you're better than that.
>>9452830
An interesting short to look into is Jack in the box. ST page is completely dead before earnings, much like PZZA was when I shorted them. It's looking to break out in one direction or the other and if it breaks out read tomorrow, thats not a good sign for earnings.

[Anonymous No.9452923]

>>9452881
Go into your bathroom and kitchen, and look at how many products say Johnson and Johnson, Procter and Gamble, and Kimberly Clark

Then buy the dip on the 3, thank me later

[Anonymous No.9452976]

>>9452840

I already bought faggot. Where’ve you been all day

[Anonymous No.9453017]

>>9451835
hahahaha

[Big5Guy !JsYyJw4ORs No.9453101]

>>9452913
>Big5 you're acting like a ST fag. Stop you're better than that.
sorry.. a little drunk and took some xanax.. just getting tired of some of the pessimistic attitude itt surrounding potential runners.

Someone will bash a low floating biotech pennystock while it's gaining momentum but then try to pump something like XOM or KO as if we can even put a dent in a market cap like that..

[Anonymous No.9453156]

>>9453101
You dont think we can pump Ko? have you lost all confidence in SMG? Sad!

[Anonymous No.9453186]

>>9453101
I said it earlier, if ALT can hold these price levels for 3 days, I think they will be golden. Tomorrow morning is going to be so crucial to the future of that stock. As we saw with HMNY, they weren't able to do that. I just think that if people want to gamble on penny stocks, why not set up some basic indicators and swing SPY options? Way less risk and better returns faster.

[BagholderExtraordinaire !kDjFcJuZkQ No.9453193]

>>9452923
Didn't you see demolition man, they're getting rid of the stuff we use to wipe our ass and clean shit up in the future.

[Anonymous No.9453217]

if it took you 10 years to make it to 100k would you have the balls to day-trade it and go after moons, options etc? be honest, no larps. knowing that 10k lost is roughly equivalent to wasting a year of your life. would you risk it?

[Anonymous No.9453258]

>>9452169
AH FUCK YEA BUD

[Anonymous No.9453260]

>>9453217
No I would get a real job

[(Comfy) !!7iCGIecbnK/ No.9453268]

>>9453101
>pessimistic attitude
JUST BUY WHATEVER I SAY, GOY

[Anonymous No.9453296]

>>9453217
all in

[Anonymous No.9453301]

>>9453217
I'd have a sick tax break EOY

[Anonymous No.9453316]

>>9453217
I would set aside half of it in safe investments like VTI or high dividend paying stocks like ORC. The other half, yes you can bet your ass I would be daytrading it, but strictly on options. I made more in a month trading options than I did in a year "investing" although I spent a ton of time studying TA and learning general strategies for trading. It really comes down to how much money you need for living expenses.

[Anonymous No.9453317]

how are my AMD longs?!?

[Anonymous No.9453326]

>>9453317
It will probably pull back after the crypto convention. AMD trades a lot like Ford, it generally stays in a $3 range forever. Only good for swing trading.

[Anonymous No.9453350]

>>9453217
Also consider the fact that you could make 100k over 10 years by working at mcdonald's. You need to be more aggressive if you really want to pull ahead.

[The Eternal Bear !yGpeLiYA4k No.9453358]

>>9453316
I can't recommend going all in day trading options. Really easy to get fucked

[Anonymous No.9453363]

>>9453326
imao bruh what

[Big5Guy !JsYyJw4ORs No.9453367]

>>9453186
>I said it earlier, if ALT can hold these price levels for 3 days,
dude why wait 3 days the fucking market cap is only around 13million.. you are the person i am talking about. thats not how nano caps work.. everyone waiting 3 days and not buying is what kills the momentum... my goodness lad do some research.

As we saw with HMNY this is nothing like an HMNY play.. HMNY was a short squeeze with over 40% short interest.. way different...

>why not set up some basic indicators and swing SPY options?
because that is gambling on thinking you know where big money is going to take it.. it's not really trading..

seriously you should do some research on how stocks work and how market cap is important with relation to volume...

just saying.. if this thread knew more about how an actual stock works and not pay much attention the company we could be making alot better plays.. plenty of OTC stocks gain 20-100% a day and they have shit to show for on their financials

[Anonymous No.9453374]

>>9453350

100k invested. you couldn't do that working mcd unless you lived at home those 10 years and paid for nothing

[Anonymous No.9453425]

>>9453326
very true but something is different this past month.

It got pumped with Nvdia but didn't get dumped after which happened every earnings before.

Its been green on red market days..

a lot of positive articles (wtf? usually there is a lot of bearish shit on AMD) and just general positive sentiment.

Commercial business getting built in and Lisa has stopped giving shitty guidance. She's very confident in EPYC and server business.

AMD seems to be gaining traction in China...JD.com is in, Baidu as well (mentioned last year but maybe now they are ready to go full AMD)..there are so many chinese tech knockoff companies that this would be unreal for AMD.

7nm on track...

GPU business garbage but at least market stopped reacting to crypto being mentioned in earnings.

[Anonymous No.9453427]

Getting dark
Time to review my RobinHood portfolio for tomorrows gameplan

[Anonymous No.9453440]

>>9453363
Their 52 week spread is $6, it's smack dab in the middle of that right now, thus $3.
>>9453367
Big5 you are missing my point. I'm saying if the stock can hold their price for 3 days, it will probably stay that way. I don't buy shitty small cap penny stocks in general. You are reaching peak retardation and clearly the xanny bars are kicking in. MA cross can tell you a lot about what direction SPY is heading. It's how I made 100% today on my put. I know what i'm doing, and I watch people everyday butcher their portfolio's investing in turd companies.
>>9453427
Keep on eye on Macy's, that looks like a very interesting play tomorrow.

[Anonymous No.9453467]

>>9451835
dude definitely get a C&D from mike tyson. that shit will be worth a lot of money once he dies from a heart attack.

C&Ds are my favorite way to get autographs desu

[Anonymous No.9453470]

Also, do you guys do any gambling plays with options or do you guys have systematic strategies or ways to make money?

I know options are all about hedging but I have not got that deep into all the strategies that exist (straddling, etc).

I just try to find massive over-reactions and look for cheap options..

[Anonymous No.9453511]

>>9453470
The two indicators I use a lot are MA cross and bollinger bands. I do a lot of ER based options but I only do them on companies i'm pretty sure about. I don't have a ton of money in the market but I made 62% this week by playing very specific options around earnings, or SPY options when there aren't any good ER plays.

[Big5Guy !JsYyJw4ORs No.9453517]

>>9453440
>Big5 you are missing my point. I'm saying if the stock can hold their price for 3 days,
its only a three day trade you doofus! by the time it gets to 3 day's it could climb over 100% and start droping.. thats how nano cap pump and dumps fucking work, they wait for people like you thinking that the price is going to stablize after a 3 day pump and dump lol

>I don't buy shitty small cap penny stocks in general.
exactly.. you probably have no clue how a stock works.. stick to your SPY you boomer

[BagholderExtraordinaire !kDjFcJuZkQ No.9453532]

>>9453358
It'll take you 30 years to make it with that kind of attitude.

[Anonymous No.9453553]

>>9453511
These are all technical indicators you estimate based on your brokers historical graph? or do you pay for real time data? historical data? or have some automated thing setup?

[Anonymous No.9453558]

>tfw spent all my bitcoin gains on degenerate drugs instead of investing it into the DOW

[Anonymous No.9453600]

>>9453517
>its only a three day trade you doofus! by the time it gets to 3 day's it could climb over 100% and start droping
God damnit big5, I am never going to buy ALT. Obviously in three days the boom or bust is going to be over, i'm saying we will find out who is right in 3 days you mong
>exactly.. you probably have no clue how a stock works.. stick to your SPY you boomer
SPY OPTIONS! I do not buy straight up SPY brainlet. I don't normally have any issues with you, and generally enjoy your posts but you are clearly medicating yourself out of nervousness.
>>9453553
I use tradingview and thinkorswim, without those I would have never had the level of success I have had. It's mostly a combination of historical and real time data.

[Anonymous No.9453658]

>tfw 20% up from hmny

[teh profit !1HSeHmYKrU No.9453663]

>>9453358
kek
so they finally bit back? you had a really good streak on those suckers though. all said and done (combining today) i wasted three weeks and about $1000 trying to get those to work. me thinks im gonna stop trying to fuck around with equities market unless i see an OBVIOUS reversal point on the daily candles (and no more daily contracts, even though im a sucker for the thrill). im going back to what i was doing, which is calling macro moves on commodities and bonds.

right now i got
>CORN calls
>SLV strangle (more a vega trap than anything)
>TLT calls (which ill flip back to puts once i see a sign)
>a couple moonshot UVXY calls as per tradition
>just sold my USO calls, may shift over to XOP because of the better leverage im getting, but might just buy some USO outright
was thinking about maybe daytrading GLD options, and maybe some HYG puts (rather than doing puts on SPY where i get fucked HARD like 50% of the time)

anyone think of any other slow moving things that i can extract huge gains out of with option leverage? trying to simplify my whole process and cut out my gambly moves somewhat

[Anonymous No.9453668]

Buy megacaps

[teh profit !1HSeHmYKrU No.9453683]

>>9453668
theyre not as fun tho
i wanna buy fake contracts on REAL things

[Big5Guy !JsYyJw4ORs No.9453686]

>>9453600
>God damnit big5, I am never going to buy ALT. Obviously in three days the boom or bust is going to be over, i'm saying we will find out who is right in 3 days you mong
in 3 days the trade is over you mong. I can understand if you are too big of a pussy to gamble a few hundred bucks for 3 days on a penny stock.. but don't pretend like you aren't just a big pussy that isnt afraid to gamble a few hundred bucks on a penny stock for a few days!

one day you will learn how to seperate the stock from the company it is supposed to follow. Until then [BULLSIH] rocket emoji rocket emoji rocket emoji rocket emoji money emoji money emoji money emoji (picture of some random guys lambo with cash on the hood) YOLO

alright i'm done. just buy it.

[Anonymous No.9453711]

>>9453683
doesnt matter
If you do options and penny stocks you will go broke within a few years

Do you want to go broke or do you want Golden Income? Doesnt anyone here think more than a month in the future? I mean this is your life savings right?

[Anonymous No.9453715]

>>9453686
I am screen capping this because you are on Bagholder™ levels of fucked up right now. If I want to gamble, I gamble on options and make my money overnight, not on 3 month intervals.

[The Eternal Bear !yGpeLiYA4k No.9453745]

>>9453663
Eh I got a little fucked the last two days. I did not spot the reversal at all. Was not watching futures and 10Yr yield like I normally do.

[Anonymous No.9453750]

ALT TO THE FUCKING MOOOOOON

[Big5Guy !JsYyJw4ORs No.9453759]

>>9453711
>If you do options and penny stocks you will go broke within a few years
lol bullshit! I make most of my money trading OTC stocks and the people I learned from are multi millionaires that make most their money in OTCmarkets.. the jews would have you believe other wise because they want you to buy their overpriced blue chips

>>9453715
>If I want to gamble, I gamble on options and make my money overnight
I do the same thing, doesn't mean that's all I do. Different strokes for different strokes i guess

[Anonymous No.9453775]

>>9453759
You won't remember this night, but you will laugh tomorrow.

[Anonymous No.9453798]

>>9453759
I know that you say youve been profitable for 2 years, but that is not 20 years like I want

[Anonymous No.9453823]

>>9453558

Lmao

[Big5Guy !JsYyJw4ORs No.9453828]

>>9453798
>I know that you say youve been profitable for 2 years
i've been profitable for alot longer than that buddy, the 2 years is just a specific strategy for specific share structure setups....

>>9453775
i'll remember, i'm not that fucked up... yet.. just on a roll today

[Anonymous No.9453868]

>>9453828
Even if you are, are most capable of being profitable traders? The answer is no
Mega caps are on sale right now, the risk reward for future is clear

[Big5Guy !JsYyJw4ORs No.9453882]

>>9453868
>Mega caps are on sale right now
maybe some of them are.. it's just not the way i like to trade

[teh profit !1HSeHmYKrU No.9453886]

>>9453711
>Do you want to go broke or do you want Golden Income?
lel i AM broke so this is irrelevant. money does not phase me, and the loss of money merely gives me a momentary sinking feeling in my balls. ive learned to internalize it

>Doesnt anyone here think more than a month in the future?
thats what im unironically pretty good at. i just need to go back to what i WAS doing which WAS building up my stack in a significant way (ie MUCH longer options contracts on non equities underlyings (like 1-2yrs) and adequate use of hedging)

>I mean this is your life savings right?
yeah but its fucking pennies either way. its literally less than some people put on single positions (<10k). if i let it rot in some bank, itll evaporate, and if i take it out of my brokerage, ill spend it on instruments and a new used car. but i dont need either of those really. so i buy options lel

my main problem, is that after doing alright for a couple months making these longterm calls, i got distracted and tied my hedging money up in shitty equities which have gone fucking nowhere for months. still keeping my hi div REITs for my "savings account".

>>9453745
yeah theyre fickle. im gonna leave you to it and go back to commodities till i can convince myself that im not a faggot anymore. as of right now, im entirely unconvinced

>>9453759
>Different strokes for different strokes i guess
this rings true. i could try following your plan and do exactly what you do, note for note, and id still probably fuck up. i tried to do what bear did these last couple weeks, and screwed myself really fucking hard. but looking back, the way i was doing it before was WAY more profitable than what im doing now, so weve come full circle. you gotta do what youre good at

[Anonymous No.9453931]

>>9453828
I don't tripfag but I have argued with you in the past in length on how big5 is a shit stock and you kept your cool the entire time, which is why I don't take anything you are saying to heart. This is just something I would expect from baggie after a couple of speedballs not from you kek.

[Big5Guy !JsYyJw4ORs No.9453945]

>>9453886
>you gotta do what youre good at
thats true.. I've been trading for years and people ask me if i can teach them i tell them i don't really know them well enough because everyones personalitys are different and they all see things different, i see share strucuture, supply & demand, accumulation/distribution but some people have a very very hard time seeing that or understanding that but they may understand momentum of when a stock is going up based on orderflow, or when a stock is going up based on hype and news.. or they may understand how a stock is extremely overvalued and become good short sellers.

Trading really is a personality game in a way

[Anonymous No.9453951]

>>9453886
>i tried to do what bear did these last couple weeks, and screwed myself really fucking hard.
Imagine my SHOCK

[Big5Guy !JsYyJw4ORs No.9453972]

>>9453931
its just really mind boggling with some of the newfags in here and their logic. Not understanding how a stock doesn't always follow the company is attached to amazes me. So many times i've seen stocks gain 100%+ and people go.. b-but it's just a penny stock that has shit fundamentals... lol NO DUH!! its about the trade not the company..

[teh profit !1HSeHmYKrU No.9453986]

>>9453931
late night big5 a best big5 imo
dude always gives me honest as fuck advice after the bell
and look >>9453945
theres some. i dont question big5s particular stock picks as they are his turf, not mine. like i said, i could follow his moves to the tee, and id still prolly fuck up


>>9453951
hey ya gotta try. it may have been an expensive lesson, but its given me new ideas on how to play commodities going forward and net myself some extra leverage. megacaps just aint my style really

[Anonymous No.9453988]

>>9453972
Yes I am aware of that. The traders mostly call the shots not the company. But penny stock traders have some of the weakest hands on the market, which makes the volatility crazy when it doesn't need to be.

[Anonymous No.9453996]

>>9453986
Like I said, big5 is in rare form tonight, and that usually only comes with some stress induced bender.

[Big5Guy !JsYyJw4ORs No.9454021]

>>9453988
>But penny stock traders have some of the weakest hands on the market
if you understand how stocks work you'd understand that it's not penny stock traders with weak hands.. but i'm not going to go into it with you because obviously you haven't been in this long enough to grasp anything id tell you behind share structure.

[teh profit !1HSeHmYKrU No.9454033]

>>9453972
>So many times i've seen stocks gain 100%+ and people go.. b-but it's just a penny stock that has shit fundamentals
kek
yeah the stunned looks on peoples faces when you explain "it went up cuz a lotta people bought it today" says it all. most people will never be able to into trading

>>9453996
idk
im not gonna shit on him for calling ALT. and while im not gonna FOMO in, as im cutting myself off from regular stocks for a while, i dont doubt itll run for a couple days. i guess im not really getting the argument here, i just kinda slipped in here uninvited

[Big5Guy !JsYyJw4ORs No.9454040]

>>9453988
>which makes the volatility crazy when it doesn't need to be.
also.. the volatility isn't coming from weak hands.. its coming from being a small market cap in relation to volume.. again.. too deep for you to understand.

You're probably right.. YOU should probably stay out of penny stocks until you have some more experience under your belt

[Anonymous No.9454046]

>>9453986
Yeah but Eternal Bear already lost his portfolio -50% like 5 times this year, not a good person to learn from

[Anonymous No.9454049]

>>9454021
Ok we obviously aren't gaining any ground with eah other. I have found a strategy that works for me, even being a poorfag. If you think i'm larping, i'll post my portfolio, but otherwise call it a difference in opinion.
>>9454033
He has been calling ALT the play since it was $2, he's still in the hole big time by that advice.

[Anonymous No.9454073]

Nobody does megacaps exept for me
Im truly all alone

[Anonymous No.9454083]

>>9454073
Most of us do megacaps, relax.

[Anonymous No.9454104]

>>9454083

[Big5Guy !JsYyJw4ORs No.9454105]

>>9454049
>He has been calling ALT the play since it was $2, he's still in the hole big time by that advice.
ummm no i haven't.. i found ALT from this thread.. i wasn't the only one shilling it, i started around 1.50 and dropped alot of my bags at .80 and loaded again to average down at .49.. but if you understood my strategy.. which you probably don't youd know i'm not that far in the hole as you would think

watch this video when you have time and educate yourself on share structure while you're at it

https://www.youtube.com/watch?v=VEYh7eNtVro

>>9454049
>we obviously aren't gaining any ground with eah other
we aren't gaining any ground because your head is too far up your ass to understand anything i am telling you.. keep trading SPY options if that works for you.. i really don't give a shit anymore

[Anonymous No.9454116]

>>9454105
>e aren't gaining any ground because your head is too far up your ass to understand anything i am telling you
Fucking irony, however I will watch the video, thanks for that.

[teh profit !1HSeHmYKrU No.9454124]

>>9454046
hes better than me at some things, though. imo thats the advantage of the chans. while everyones retardations and shortcomings mix together in a (sometimes) horrifying way, their weird freak savant skills come together and synergize too. ive learned a lot about this shit from some (probably) literally retarded motherfuckers. its the message, not the sender. all you need is a filter, and after ten years on these godforsaken things, i definitely have an adequate filter

>>9454049
>He has been calling ALT the play since it was $2, he's still in the hole big time by that advice.
thats how those kinds of plays go sometimes. the difference between me and big5 (in addition to him having more experience) is that while he can hold something digging himself a tremendous hole for a year or two, id prolly just sell. and then id do it again. and again. i just dont have the mindset it takes to trade those kinds of plays, ESPECIALLY not when they go wrong (which statistically WILL happen, so you need to know what to do)

[Anonymous No.9454138]

>>9454124
>the difference between me and big5 (in addition to him having more experience) is that while he can hold something digging himself a tremendous hole for a year or two,
>year or two
Again play options instead and get it over with in a day or two when the time is right. Remember PZZA profit? That was me.

[teh profit !1HSeHmYKrU No.9454170]

>>9454138
lol im not trying to take sides guys. just saying, you guys both trade completely differently. it makes sense that you all dont understand each others methods.

personally, i agree, as i like the quick "win big or fucking kill me" type plays that options put you in. but big5 has helped me to understand (or at least pointed me in the direction) how to read and analyze depth charts better. and while im applying it on WAY other things, its definitely helped.

>Remember PZZA
thanks again. i fucking needed that. it was a bad week

[Anonymous No.9454204]

>>9454170
You don't have to take sides, I like big5 but he is fucked up on booze and xanax. I know this isn't really him. I'm getting fucked up on beer too but I know the difference between the normal big5 and this guy. We have different trading styles and that is fine.

[Anonymous No.9454218]

is /smg/ prepared for the crash?

[Big5Guy !JsYyJw4ORs No.9454226]

>>9454124
>while he can hold something digging himself a tremendous hole for a year or two
i don't really "dig a hole" i dollar cost average which would be deemed "accumulation spots" when the trade doesn't go my way i cut alot of my position.. wait for some support to be found and accumulate again.. i also don't usually hold for longer than 8 months.. most the time in penny stocks i don't even hold for longer than 1 month sometimes not even longer than a week.. every stock is different..

Every stock will play different though, some stocks i just say fuck it i'm done.. some stocks i only trade options due to low volatility..

I'm also able to trade that way on the longer time scale because i have many sources of income which most people don't have and i usually do DD on a stock i plan on holding for longer than a week

[Anonymous No.9454230]

>>9454218
SPY will be green tomorrow.

[teh profit !1HSeHmYKrU No.9454232]

>>9454218
PLEASE

my moonshot calls on VIX will be like an undo button for the whole last couple weeks

[Anonymous No.9454264]

>>9454218
The crash upwards

[Anonymous No.9454277]

>/smg/ is literally just gambling on shitstocks instead of shitcoins

[Anonymous No.9454292]

VZ CRNT ZAYO boys
cap this now and wonder why you didn't go longer a year later.

[Anonymous No.9454297]

>>9454277
All investments are a gamble.

[teh profit !1HSeHmYKrU No.9454331]

>>9454226
>i don't really "dig a hole" i dollar cost average which would be deemed "accumulation spots" when the trade doesn't go my way i cut alot of my position.. wait for some support to be found and accumulate again..
and this is the kind of shit im talking about. you know how to handle yourself in these plays because theyre your comfort zone. i step in there and get stressed and fuck myself trying to do something similar, then end up in a fuck huge hole, and then i get more stressed out, and then someone shills me a better options play and i go "eh fuck it" and sell when i fucking shouldnt.

its not a fault of your method. its a fault on my psychology in relation to your method. regardless, your little peptalk on market depth has now made me completely invulnerable when flipping options on TLT and HYG, as i can literally see the MM adjusting on reversals, and the big bids/aks coming up. since its not so manipulated as SPY (this was fucking MORE than useless on SPY, like you had said) it actually helps a ton when i combine it with the rest of my indicators

[Big5Guy !JsYyJw4ORs No.9454334]

>>9454204
sorry man.. i just get real pissed off when people don't understand how a stock doesn't always mirror the company it's attached to.. The people i learned from are big names in OTCmarkets.. like literally have news articles written on them and were once CEOs of publicly traded companies they taught me alot and i used to think the same way until i would just hang out with them, go to lunch, kick it at their office, listen to them talk to each other about the market. They educated me alot and i've made alot of money using their strategy so ill stick with it.

[Anonymous No.9454337]

>>9454292
Ive been in VZ

[(Comfy) !!7iCGIecbnK/ No.9454339]

>my portfolio is going down even after hours
HOW?

[Anonymous No.9454352]

>>9454337
Good job anon

[Anonymous No.9454366]

>>9454334
No need for an apology, this is 4chan after all. If we are both making our money our own way, who really cares how it differs? KYS faggot on here is the equivalent of "how are you sir"

[teh profit !1HSeHmYKrU No.9454385]

>>9454277
the nice thing with stocks though, is that you have the option of choosing the realest most profitable company/commodity/whatever to the literally pajeet bullshit with 40k Mcaps. whereas crypto only has pajeet and his exit scams, or major currencies that are so thoroughly manipulated that anyone with any real sense has just been trading it on leverage with tools like bitmex

[Anonymous No.9454442]

I also bought Starbux

[Big5Guy !JsYyJw4ORs No.9454454]

>>9454331
yeah man it's all about psychology and risk tollerance. Only reason why i can trade that way is because i have other sources of income to keep me floating and i usually find other things to do with my day then stocks.

I have a friend that i kind of got into stocks, i tried to teach him my strategy while he would go to work, i showed him my portfolios and how i've been profitable year after year after year but he just said he couldn't do it, so i told him i understand and that everyone is differen't and now that he has started to look into his own abilitys he now likes to buy break outs and pull backs on momentum plays with market caps under 1b, he's been working on his strategy for over a year and is now becoming profitable. I couldn't do that because i just don't like to buy high and sell higher, i always feel like it'll fall out from under me. But he does good at it

Different strokes for different folks

[Anonymous No.9454518]

>>9454442
Why? 4chan alone is doing everything in their power to bring that company down, and so far the company is doing a great job doing that on their own.

[teh profit !1HSeHmYKrU No.9454541]

>>9454518
play diversity games
win diversity prizes

punishment fits the crime desu

[Anonymous No.9454561]

>>9454518
Starbux stock is in a very stable range. why has it performed so well? because it is the newest dividend aristcrat, set to increase rapidly for decades

Think about this: why would they spout political stuff if they believed it would damage their company? they must be very confident in their stock no? Therefore, the range will stay

[Anonymous No.9454587]

>>9454561
You underestimate liberal self destruction. Donald Trump is president. Think about that.

[teh profit !1HSeHmYKrU No.9454601]

>>9454454
>he's been working on his strategy for over a year and is now becoming profitable
and its high time i get back to this myself. i was doing super longterm strangles/straddles on low IV ETFs and selling them when their IV picks up. then i hedge and get some more action out of swinging leveraged ETFs (or some shorter options).
>i just don't like to buy high and sell higher, i always feel like it'll fall out from under me
me neither. ive been fucked too many times. my asshole is now permanently prolapsed

[Anonymous No.9454631]

>>9454587
I dont know what you mean by that

But there is a refusal to sell the starbucks stock, so it can be traded easily

[teh profit !1HSeHmYKrU No.9454635]

>>9454561
>why would they spout political stuff if they believed it would damage their company
im not convinced that they were thinking about their company at all at that point. virtue signaling knows no bounds

[Anonymous No.9454647]

>>9454631
see
>>9454635

[Anonymous No.9454656]

>>9454635
it doesnt effect the stock price, they have a system

[Anonymous No.9454707]

>>9454647
once again, trading the range
not a long term hold. I only trade the best megacap ranges. SBUX being one of them

[Anonymous No.9454723]

>>9454707
If this is a short term play, not going to knock you for that.

[teh profit !1HSeHmYKrU No.9454729]

>>9454656
honestly, people will still be going to starbucks, even after the total collapse of fiat, so you have a point

>>9454707
how often are their divs? monthly or quarterly? you just gave me a fucking good idea

[teh profit !1HSeHmYKrU No.9454747]

quarterly divs eh?
i can work around that
thanks nico
well have to compare notes after i try this a couple times. you say SBUX is long right now up to like 60?

[Anonymous No.9454752]

>>9454729
quarterly, they are increasing a lot

[Anonymous No.9454761]

>>9454752
Whenever their next ER is, I will be shorting them.

[Anonymous No.9454771]

>>9454747
yeah itll definitely go to 60

[teh profit !1HSeHmYKrU No.9454788]

>>9454752
and the options spread aint half bad. fuck me, this is great.
>quarterly
then ill just have to play around them. im gonna start doing 3-6mo options once i see a reversal point. snag the calls at low IV and sell em before theta or divs fuck me

should be essentially what youre doing, but supercharged (both ways: win AND loss)

[Anonymous No.9454800]

>>9454788
It should be noted that SBUX employees are offered stocks options in their pay.

[Anonymous No.9454802]

>>9454232
What did you do buy some really far out OTM calls?

[Anonymous No.9454810]

>>9454442
They are a public restroom that serves free coffee now.

[teh profit !1HSeHmYKrU No.9454817]

>>9454788
kek
so much for me leaving behind equities. i think ill test this out on SBUX alone, and if i can get it to work, i may move onto something thats more volatile so i can snag more vega (like SQ or maybe CRSP)

[Anonymous No.9454824]

>>9454761
Thats fine but I doubt itll bring the price down very much

[Anonymous No.9454838]

>>9454800
>implying the average Starcuck employee can even tie their shoes let alone understand stock options

[Anonymous No.9454840]

>>9454824
All bluechip stocks dip after earnings, that is fact.

[teh profit !1HSeHmYKrU No.9454841]

>>9454802
well i guess theyre a little deep now. but yeah i got some ones with like 6 months on them like a month ago. think my strike is like 16 or 15. i just ignore it until the market explodes, then i sell. its worked so far

[Anonymous No.9454855]

>>9454838
agreed

[teh profit !1HSeHmYKrU No.9454856]

>>9454800
so this means that this is going to be a very predictable play? or that im going to be bumping heads against people? not sure what you mean?

[Anonymous No.9454872]

>>9454856
It means the company probably has a bunch of bagholders that don't even realize they own bags.

[Anonymous No.9454874]

>>9454840
That is definitely not true

[Big5Guy !JsYyJw4ORs No.9454888]

seriously guys.. alot of volume spikes on MYDX keep an eye on it, if big buys in morning could see a massive run

[Anonymous No.9454892]

>>9454874
It's been mostly true.

[Anonymous No.9454915]

>>9454892
sure, this past earnings season... because last year things were mooning hardcore on earnings

[teh profit !1HSeHmYKrU No.9454921]

>>9454872
>>9454838
this would be an EXCELLENT opening line next time i see a cute barista chick.
>hey babe
>you know about stock options?
>yea, c'mere, let me show you my leverage

[teh profit !1HSeHmYKrU No.9454949]

>>9454888 (checked)
the price is right
gotta say though, those guys need to look into getting a different ticker.
MYDX= my dicks

[Anonymous No.9454961]

*SBUX already had earnings and they went up*
Dont let your hatred for the company make you lose money

[Anonymous No.9455048]

>>9454921
> let me show you my leverage

[teh profit !1HSeHmYKrU No.9455063]

>>9455048
my old chick used to LOVE when i played strangles kek

[Anonymous No.9455072]

>>9455063
pretty sure thats a duck

[teh profit !1HSeHmYKrU No.9455089]

>>9455048
i could definitely go for a good straddle tho
>tfw no underlying

>>9455072
kek

[Anonymous No.9455103]

>>9455063
>>9455072
>>9455089
leverage soaks panties

[Anonymous No.9455154]

u guys ever wonder if these threads were started by an old robinhood undercover shill team and eventually they abandoned it but we the real traders kept it up?

[Big5Guy !JsYyJw4ORs No.9455159]

>>9454949
their product name is kinda shit too, but again, it's a penny stock and none of that really matters.. all though i think that if their product is real it would actually draw in some good revenue..

I've actually been banking on RSII theres alot of things in the works with them and they have new CBD products.. My chiropractor is super christian, like anti substance abuse chrisitian, his business actually has the name christian in it and he swears on CBD products for cream, he talked to me for about 20 minutes about how revolutionary it is.. so i've been trading RSII like crazy this past year.. Their A/S count is just about maxed and they are transfering over to a cannabis company.. with the maxed share structure.. it could be huge

[Anonymous No.9455182]

>>9455159
Post your 1 month trading history and i'll post mine biggie.

[Big5Guy !JsYyJw4ORs No.9455193]

>>9455154
>u guys ever wonder if these threads were started by an old robinhood undercover shill team
yes.. all the fucking time.. i still don't mind the theme of /rgt/ most people don't trade anything else besides stocks that are on robinhood

>>9455182
I'm not posting shit faggot, i've posted shit here before and really don't give a shit what you think

[Anonymous No.9455225]

>>9455193
just for fun, otherwise your pussy be gushy gushy.

[Anonymous No.9455234]

Extreme Nikkei reversal on the minute chart
We're going Golden Bull again

[teh profit !1HSeHmYKrU No.9455251]

>>9455103
if only i could find a chick who wants to discuss complex options positions, and the intricacies of geopolitics, but that i could also keep my ock warm inside of. the last girl i had literally left me because she couldnt take how interested i was becoming in the markets. kek i told her "well youre not making me any fucking money, ill tell ya what". then she told me to go get a "real job" like my irl qualifications could land me anything over minimum anyways. jokes on her, as she got layed off her "real job" and is working at a shitty record store. even on a bad week im doing better, and i have all the time in the world to study now. suits me fine

>>9455154
i think youd be surprised. maybe not with /smg/, but i know for a FACT that this is what /pol/ started as. shills shilling shills till the whole thing gets re-subverted by autists and turned against itself.

>>9455159
your doc is a smart man. you dont hear that kind of stuff outside of like cali from any med professionals. trying to find a vid, but that CBD shit can temporarily cure serious parkinsons symptoms in minutes

funny you say RSII though. my friend whos more into your style of penny plays and dollar cost avg shit was all over them too. i didnt see the hype

[Anonymous No.9455274]

>>9453440
>Keep on eye on Macy's

I'm feeling like a genius for buying M last year at 19.

[teh profit !1HSeHmYKrU No.9455320]

>>9455159
https://www.youtube.com/watch?v=fR-egkkY6d0
theres other vids of the shit stopping petit mal seizures. its gonna need federal legalization before it can capture the full market, but shits crazy. they keep finding more uses for it. its literally a fucking miracle

[Anonymous No.9455340]

>>9455251
I have tried to teach all of my friends how to play the market over and over and none of them care. It's sad really,
>>9455274
calls and puts are about 50/50, be careful this earnings.

[Big5Guy !JsYyJw4ORs No.9455352]

>>9455251
>i didnt see the hype
the hype is that the A/S is maxed out.. as of now they can't dilute so there is no selling pressure from the company..

I don't always dollar cost average penny stocks, they're tricky because they are highly manipulated but not by algos you can, they will try to shove the stock down to drown you out just so they can buy all your shares to control it.. penny stocks in OTC is a brutal world and you gotta trade the trade, sometimes you have to give in and sell to them and after when it takes off you gotta buy back in.. its really annoying at times but it's easy to spot after awhile

[teh profit !1HSeHmYKrU No.9455373]

>>9455340
it certainly isnt something for everybody. i still stand by the fact that anyone with any actual money should still be doing some basic index fund investing/div shit. but actually TRADING is not for most people. and it makes sense

>calls and puts are about 50/50, be careful this earnings.
ive almost always gotten fucked by following the herd on these kinds of indications

[Anonymous No.9455390]

>>9454218
>>9454218
>>9454218
>>9454218


I'm looking for a video of news/tv basically a day before the financial collapse/downturn when most pulled money from the stock market.

Basically it was business as usual, no one saw it coming, no news was spreading FUD or fear tactics, everything was normal for all the investment and news channels..

this is the scary part. it's that besides a very few, no one will see this crash coming.

[Anonymous No.9455435]

>>9455390
WTF just sold all myu stock right now, thats fucking based
golden bull is off, thats fucking based
Praise Stalin

[Big5Guy !JsYyJw4ORs No.9455442]

>>9455320
ill watch it later, i just took a shit load more xannax and made food about to watch some xfiles on filthycasuals

[teh profit !1HSeHmYKrU No.9455446]

>>9455390
https://www.youtube.com/watch?v=2MyToTwag34
>Basically it was business as usual, no one saw it coming, no news was spreading FUD or fear tactics, everything was normal for all the investment and news channels
kek
DUH
the point of financial news is to sell people rich peoples bags, and or, manufacture hype for bug guys to exit trades ahead of cataclysms.

it is the ORIGINAL fakenews

but i think we got a little while. im bearish over all, but the real pain isnt gonna happen just yet

[Anonymous No.9455466]

GUYS
We know when the markets are going to crassh, I will literally tell you

[teh profit !1HSeHmYKrU No.9455472]

>>9455466
yeah it happens in fall
we know

[(Comfy) !!7iCGIecbnK/ No.9455495]

>>9455472
want to guess the month? My gut says beginning of september, but i think it's the beginning of october

[Anonymous No.9455500]

>>9455472
Blah blah blah blah Teh Profit, the truth of the matter is:

It happens when Ken Murray of Money matters says it will, which his fearless forecast states 2020

If you live in california, you should visit one of his seminars, and try his homemade oatmeal raison cookies!

[teh profit !1HSeHmYKrU No.9455517]

>>9455495
its october
euro banks jump in september
our banks follow suit

[Anonymous No.9455542]

let your nuts drag

[Anonymous No.9455586]

>>9455542
whens the next Trump Talk anyway? the volatility is too low, he needs to shake things up

[Anonymous No.9455603]

Hola /smg/

I made a thread about this the other day and was advised to ask about it here. What follows is copypasta from the OP:

What does /biz/ think about Acorns?
DISCLAIMER: THIS IS NOT A SHILL THREAD.

After having been invested an increasing amount, now to around $450 over 7 months, the profits ranged from being at a peak of ~$7 profit to losing over $12, but it has recently slowly recovered and has a profit of $2.

Am I a faggot for even testing my hard earned shekels in this?

[Anonymous No.9455607]

>>9455586
He is solely responsible for making my SPY puts profitable today due to his China tweet today.

[teh profit !1HSeHmYKrU No.9455609]

>>9455500
im thinking we will see things starting to shake up closer to midterm elections. maybe august. im certain this crash will be sensationalized and politicized by media retards. i also think that (((they))) are gonna run their little occupywallstreet.exe with all their new little pawns

[Anonymous No.9455644]

>>9455603
What

[reluctant kneepad girl No.9455648]

>>9452340
Thank you !
Gonna short one these by EOD tomorrow
>>9455063
:3 me love choked
Sometimes wish guy get over zealous and finish me off XD

[Anonymous No.9455656]

>>9455603
With returns like that you might as well put it in a savings account at a bank. At least that's insured.

[teh profit !1HSeHmYKrU No.9455676]

>>9455603
sounds like shit. you might be better off doing a money mutual fund at those pisspoor ROIs. or better yet, start buying treasuries on the dips and build a bond ladder.

i strongly suggest taking your trades into your own hands, but that advice could easily make you lose it all. its a give and take relationship with risk/reward and safety/gainz

but with that shit ROI youd be better off holding bonds of literally any kind

>>9455648
>:3 me love choked
i bet
>Sometimes wish guy get over zealous and finish me off XD
dont worry rkg, im sure your time will cum

[Anonymous No.9455686]

>>9455648
Oh man, please Short JNJ tommrow so that it goes up
Really please do that

[Anonymous No.9455702]

>>9455609
The reason Ken Moraif* says 2020 will go down is because of yield curve inverting
But I actually think the golden bull will strecth longer, into 2022

[teh profit !1HSeHmYKrU No.9455786]

>>9455702
theres a number of really volatile situations that could crop up and literally destroy this country from the inside out (bear in mind im not necessarily talking economics in this regard). id wager that anyone is planning on anything in 2020-22 is guessing just as much as i am.

the US is in a precarious position right now. it seems many of the big guys shifted everything they had and more over to china and other countries. most of them, years ago. thats why i dont pay much attention to what the banks and hedgies over here are up to. theyre playing ball on the old field, so at a glance it seems nothings changed. but theres some very subtle things ive been noticing in the general public (mostly cultural indicators im talkin here) that tell me that we are in for a fucking ride. theres something up, and were not gonna know exactly what until AFTER it happens (if we ever do)

[Anonymous No.9455829]

>>9455786
Thats small spec talk

just sell when the rsi on the monthly crosses sp500. Never failed in 200 years

[Anonymous No.9455854]

>>9455829
this.

[teh profit !1HSeHmYKrU No.9455954]

>>9455829
yeah im not saying im using cultural shit as trading indicators. im talking of the overall health of american society. its beyond fucked. like every generation has had dissidents and whatnot whove said the same shit, i know, but this time the forces driving the unrest are entirely manufatured (from the sheeple side AS WELL as the dissident side). THATS whats got me spooked.

i know that the people with all the money are only too eager to do whatever it is to keep their fiat kingdom in place. the next cataclysm (at least in the US. i still think europe is due for a financial crisis) will not start because of money. it will start because of something else. either societal/cultural etc. whatever. the economic side will be an after-effect.

one thing is for sure. i am absolutely terrified of how much sway ICs have over groups of self proclaimed "free thinkers" and "political dissidents". id like to think theyre just going for their usual "letoff valve" maneuver, but something tells me this time is very different. its like a full on war is being fought over the control of peoples minds. interst groups i didnt even know existed crawling outta the woodwork.

thats whats got me spooked. the market (if we let it) would probably just go up forever, sans a few terrifyingly huge crashes (see BTC). humans like up more than down. they just sometimes cant help themselves

[Anonymous No.9456054]

goodnight bros

see you opening bell

[Anonymous No.9456056]

>>9455954
I live in Southern California you know, I know how bad things have gotten, but the Fed will just pump the market again, so nobody is worried
Commies already lost, everyone of all backgrounds hate them now

[Anonymous No.9456081]

>>9456054

same. night bro

[Anonymous No.9456104]

I told you niggers to buy Aphria (TSX:APH) a week or so back, I hope you listened

[teh profit !1HSeHmYKrU No.9456173]

>>9456056
>I live in Southern California you know, I know how bad things have gotten
>Commies already lost, everyone of all backgrounds hate them now
its not commies im worried about desu. theyre just like one side effect of it. hell, most of em have read less on gommunism than i have. pathetic.

its something way weirder than that. like how people can just suddenly become tools for whatever arm of media it is theyre consuming. and the frequency with which it changes. used to just see it in a few people i knew. figured they were a lil schizzy, but now its fucking everywhere. freaks me out is all. kek me and my buddies have been joking about it as psychofascism, but i mean... really. its kinda fucked up

>Fed will just pump the market again, so nobody is worried
yeah they DEFINITELY dont want it to go down. at first when i was a kid i was like "oh they have all the gold, so they dont care about money". but obviously thats literally half their scam. they just have gold because they can hedge with it. they literally dont care about it. it mostly just sits and gets shorted to other central banks. but the moneys the fun part. they aint gonna break their favorite toy. not on purpose

>>9456054
>>9456081
>sleep
ill try

[Anonymous No.9456245]

>>9456173
when I say commies I dont mean communists
But I guess I know the people you are talking about
But in my experience, they can be snapped out of it
You can change people with a simple word. I can change you, maybe I already have

[teh profit !1HSeHmYKrU No.9456278]

>>9456245
i know bud
we counteract with the only way were capable of
subversion. funny how we have to subvert the subverted though. needs a new word

[Anonymous No.9456393]

>>9456278
>BUD
Buy Bud
On Sale now
Famous sponsor of Nascar
Famous Homeless choice King Cobra 40oz
Party Favorite: Natty Ice

They have vodkas too I think, Strong Buy

[Anonymous No.9456537]

Who remembers the horrific February 2018 Crash?

[Anonymous No.9456969]

>>9456537
Made good purchases those days.

[Anonymous No.9456977]

>>9456537
Are you saying it's crashing again? Lots of cheap stocks hitting lows right now.

[Anonymous No.9456987]

>>9456393
Why do you want people to buy BUD so much?

[Anonymous No.9457008]

>>9456537
that's when i got in

[Anonymous No.9457036]

>>9456977
no we golden bull

>>9456987
because its dank
Consumers are the buy this year

[Anonymous No.9457233]

>>9457036
Why are so many stocks hitting lows then?

[Anonymous No.9457302]

>>9457233
Macroeconomic change due to FED and US government switching policies.

[Anonymous No.9457478]

Buy ENCE you daft cunts

[Anonymous No.9457671]

Buy VZ as a long term hold. DYOR on 5G, expecting them in a few major markets in the US within this year.

[Anonymous No.9457730]

Wew Sanofi ain't that bad, it got me a dividend worth 5% of my shares value. It's a good old boring stock. Bit unexpected desu.

[Anonymous No.9457864]

>>9455603
If you want an automatic way to save, Acorns is fine. I don't have a problem saving, so I don't use it.