/biz/ - Business & Finance

Horsebros...

NQ/NDX is a short on a touch of 506 on AAPL through Tuesday of next week. No trade if the setup doesn't materialize by Tuesday's close. Worth >100 NQ, risking 40

>check investing.com
>all comments are asshurt shitskin bears

How could you ever think that the market is in a bubble when we have throngs of low IQ faggots telling everyone its the top, every day, for 20 years?

>>21729895
>shikyl gruber
based

>you fucking idiot zoomer memers are gonna get fucked when tesla dumps! it's overvalued zoomer trash!
>300b market cap
trillion dollar company EOY

based

>>21729895
lmao at bears

DIE STOCK MARKET

The overton window has shifted and a trillion-dollar company doesn't sound as ridiculous anymore. Time to load up on AMZN $4000 and FB $350 calls. It's "their turn".

What's the point of making money if you can't get cunny?

I make way more money than my brother and yet he gets all the fucking cunny he wants and he fucking works at safeway as a 30 year old man...

>>21729806
So, are you guys selling your Tesla stock?

Anyone have any experiences with buying deep ITM options?

>>21729344
>the ones who will do anything in their power to afford the new iPhone (signing a 2 year contract, paying $XX a month) while scrounging for every penny they can get
>And they also have the newest iPhone.

so basically what you're saying is, buy AAPL?

>>21729828
the singularity is coming anon

>>21730162
You didn't even need to read all that to know you should buy AAPL.

>>21730162
If you don't own at least some Apple you hate money.

>>21730162
Yes.

>>21729828
i have calls expiring in 2 weeks hold me bro

>>21729895
>I'm extremely bearish.
This sounds almost as gay as saying "I like to watch my wife getting plowed by a Nigger with HIV"

I've been considering selling my Ford position as they just crab and slow drop. My reason for holding is there was rumor that they were considering taking the company private. I wouldn't mind a shareholder buyout. The thought of rebalancing into VUUG, makes more sense to me. Thoughts anyone? I feel like i have too much sentiment and it is holding my portfolio back.

Its over David.

GDLC up +20% for the week.

>>21730066
Amazon would easily be worth 3T if they did stock splits. Bezos's autism is the only thing holding them back

>>21730090
yeah.. via stop loss during next crash and buying back on sale. Why try to time it?

daily reminder to buy AAPL and buy TSLA

>>21730191
me enjoy Dross's depiction of casual gay "bro" sex kek It makes being trap look comfy

>>21730255
Agreed. A $3000 price tag is meant to keep poorfags out. Jeff hates retail investors and does not want poorfags to swing his stock's price wildly. He wants institutions and big money households to buy and hold Amazon for long periods of time instead.

But with Tesla and Apple splitting, I feel an Amazon split coming on. Perhaps when they hit $4000. I'm grabbing 1/15/21 $4100k calls.

>>21730255
Why would you want your dominant, winning stock to become a pump and dump for robin hood plebs?

Only vaporware companies do splits. Amazon is everything they dream to be Lol

>money will never you buy a gaming gf who loves you

>>21730296
Google trends would suggest that we're not in a massive bubble just yet, surprisingly. COmpared a lot of "Tesla" with "Tesla shares" and stuff like that, it's not even mooning in their trends. I think we're about to be hit with the dumb money after the split.

THREADLY REMINDER THAT DIVIDENDS ARE YOUR FREN

>>21730134
yes and no. i'm looking for profit but my risk tolerance is less than most, so I focus on bluechip dividend paying companies. although 2 of my top 3 positions with regards to out of pocket capital are AAPL and MSFT, but they're up there because of their dividend growth. their price growth has increased their weight in my portfolio as well

>>21730323
i think after what we've seen with TSLA and AAPL, and time one of the big corps is going to do a forward split you should dump all of your money into it at least in the short term it's just free fucking money at this point.

anyone know what catalysts TSLA and AAPL have coming up for the foreseeable future?

>>21730399
that's a man

>>21730217
you and you greedy golden bull run racist trump cock suckers you gonna get raped harder than anyone and gonna love it cant wait for you closet homo for lose all money

>>21730367
>Only vaporware companies do splits.

>>21730411
i keep fucking telling people that it's going to rally hard on the retard strength of dumb RH users buying the fuck out of TSLA and AAPL after the split because they're finally affordable but no one listens to me.

>>21729828
Don't worry fren we will be in the money soon :)

>>21730319
Too bad in reality 99.9% of "traps" are disillusioned ugly autistic speedrunning men.

>>21730367
Retard

>>21730438
I have my stop loss, Rabbi. My buying point is so far away at this point I don't really care anymore if it drops -20%.
Should've bought Tesla when you could get it for a fair price of $1000.

>>21729895
Based James Simons belongs in /smg/

>GEX
This is very fucking alarming, looking at the last crash. I'm thinking... I should buy

FUGGGG

DID ANYONE
NOTICE ANY
QUAD WITCHIES HAPPENINGS???

>>21730185
D-does VTSAX count??

>>21730319
>>21730438
Me now disgusted with this version of RKG.
And you're not even trying to quit guro anymore... maybe you're getting sliced up so much because karmic balance...

Imagine doubting jpow lol.
friendly reminder that people need to actually spend money for inflation to happen, and the population at large is still broke at the moment

>>21730065
>read it in german

Not sure how much more steam Apple has left. Anyone else think it could fall back into the 470s next week? I don't think it'll go over 500.

Thoughts on this Sony dip for a long term hold? P/E is 16, RSI is low on the 180 day charts

>>21730606
Does it matter? After the split it will go up for a few months.

>>21730606
No way, the buying pressure is way too fucking strong. It'll only get stronger as the stock split date gets closer.

>>21730606
Hehehe, yeah, it's definitely hitting 470 soon if you get my meaning.

>>21730606
AAPL is unironically one of the safest investments you can make right now. also the hype for the split is real. how you can doubt that after this incredible rally we've had, i have no idea. buy AAPL.

Is it possible to lose money if you pay cash/debit? People go broke only because they use credit, right?

>>21730628
just invest in AMD instead, the company supplying their chips and their competitor's chips (both new consoles)

>>21730628
Not sure
Like what's their exposure to movie theaters? And how is their manufacturing segment doing? I'd want to do a lot more DD, but I only have 5 shares heh

>>21730706
>after this incredible rally we've had, i have no idea. buy AAPL
that's the problem, it's an insane rally
I miss you, Tim.

>>21730716
If you spend it all on useless things you don’t need, yes.

>>21730716
Get a good credit card and pay it off on time. I use AMEX Gold since i travel a lot (use it along with AMEX corp card). Benefits of the gold card outweigh the fee for me. also company reimburses the fee anyway

>>21730763
AAPL has been going up for the past 10 years what makes you think it'll stop now? the only problem you have is a lack of patience. just buy and hold, dumbass.

I bought the top of TSLA. I’m negative on my RH account and I’m up 43% on my m1finance. I think the take away is that should just DCA and stop fucking with shit because im horrible at timing.
I started both accounts around the same time in June

>>21730835
buying fucking parabolas has more often than not led to tears in the market, sometimes patience pays.

If it's really going to keep up this rate, then we're really going full 2000

>>21730918
depends what your time horizon is. you could have said that at various times over the past 10 years and ultimately if you just held no matter what you would have made a shitload of money, see: >>21730296

but yeah be afraid and stay on the sidelines, see how well you do staying in cash for the next 10 years i guess.

>>21730854
>bought tesla at the top before the weekend
>bought tesla on no news
>muh battery day vaporware

You could just not buy at ATH when is driven by dick riders.

Its not a straight line up. Losing $50 isnt that bad...Monday is the real pull back desu

A toast to a great weekend bros

>>21730854
Trying to time the market is a losing strategy literally 98% of the time so yeah

>>21731043
I don’t think I’d sell even if it dropped. I’d just buy another share

>>21730854
You should put your money into a vanguard fund if you’re that dumb

have to sleep for 2 days now to fast travel to monday

>>21730918
Time in the market > Timing the market
At least when it comes to big, good companies like Apple.

>>21730854
>I think the take away is that should just DCA and stop fucking with shit because im horrible at timing.

not the real take away is that you should just fucking wait. literally just don't do anything with that TSLA stock for a whole year, see where you're at after that at least. time in the market beats timing the market every time. you're LONG, you just fucking HOLD that shit and stop being such a fucking pussy. you don't desperately need that money right now to pay rent or something, do you? then forget about it for a year. i mean ffs at least forget about it for a month. you'll be fine.

>>21731119
I’m up 43% in 3 months I think I’ll be alright.
I’ll just focus more on DCA’ing and increase my weekly amount

>>21731094
>>21731142
these anons get it. maybe you're down today. TODAY. will you be down in a month? a year? 5 years from now? that's the better question. or will you be >>21730296 ?

the choice is your, retards.

>>21730296
>if you hold for 10 years
Sure on a retirement account But fucking pound sand if you think traders is going hold for that long

>greedy so i want TQQQ
>everything online says it is a bad idea, even years ago when it would have worked out perfectly despite corona
eh everything points to tech growing steadily, the fact that lockdown didn't matter fpr corona is the final straw to me that i should just change all my QQQ to TQQQ on the next -10% correction on QQQ

>>21731167
>see where you at atleast
Id say atleast 40% down on your initial

>>21731248
Buy when you are 20. When you are 30, you are doing really well. 30 is still extremely young, Anon

>>21731139
Me too anon.
Weekends are horrible

I took a nap when Apple was around 488.
I'm very comfy rn

>>21730065
Nay

>>21730066
Nah bullshit. Market weighs down all in time. The mean will not be violated forever.

>>21731257
The only reason TQQQ is a bad idea is because over the last few years FNGU has outperformed it significantly.
I think FNGU > TQQQ

Hey cool! Thanks for throwing the election for us Joe!

>>21731139
>>21731286
You need to get yourself a gf, you trade during the week and you plow her tight pussy hard during the weekend, releasing either your loses frustration or gains excitement.

>>21730399
>gaming gf
No such thing. There is trannies and e-whores.

>>21731271
>t. anon who sold for a loss during the covid crash when if he just held he'd probably be up over 100% by now

never change doomers

>>21731406
>the loudest retards on Reddit and Twitter will be happy
>98% of everyone else will hate it

The Dems still haven't realized pic related, have they?

>>21731406
What if the Chinese Health Organization recommended Biden to install the Chinese Communists in the positions of power to save the poor, capitalist America from the nightmares of prosperity?

>>21731406
how do i short the democratic party?

>>21730535

Does no one else watch this?
Does no one remember this?

>>21731406
Hahahahahahahahaha

>>21731457
buy NAK calls lol

>>21731450
>>21731406

>posting irrelevant garbage shit on smg

Thank you, that would make ATH's even fucking better.

Yes hey friends, lets not care about stocks, let's just talk about politicians and social media!

>>21731544
y so mad tho

>>21731473
what am i looking at... also how many false positives have there been?

>>21731450
>The Dems still haven't realized pic related, have they?
Two possibilities, i think:
1. They don't realize
2. They know but they are responsible for a large chunk of that social media leftism and are hoping to shift majority opinion to their side.

I think 2 is more likely and it has historical precedent as being part of the radical left playbook.

>>21731544
shutting down the US would have huge repercussions for the stock market, and if you can't see that, you are a boob

>>21731544
Idiots will really say politics don't matter as if Trump tweeting about Goodyear didn't make them go down

>yet another day where my Roth IRA that I can’t touch until I’m 60 outperforms my investing account 1.7% gains to 0.47% gains
Should have bought Apple in my investing account

>>21731410
i have schizoid personality disorder i dont want a gf i want money

Kek, I'm 37. Currently sitting on 80,000. Only debt is the house. Steady job, secure with just 11 - 12 years to go till retirement. No college degree. Just hard work and timing. (and exploiting loopholes). Thanks to the market upswing and the Apple split I'm looking to hit 100,000 by age 40. Hell maybe before 40 if the apple rebound is quick. I make shit a year (27,000). I mean yeah I could transfer but why? I'm making enough, my job's secure, the bullshit factor is low as hell, and thanks to the virus I'm "semi retired" and still getting paid the same as I was if I were still working full time. I'd much rather put in my remaining years and retire than leave and end up working till I was 65.. I've heard talk that we won't be back in the office full time till sometime in January.

>>21731406
By the way, this means that the market will tank FOR SURE before the Elections just in case he wins by some God's miracle.
TIME IT LADS, CHEAPIES COMING.

>>21731372
>I think FNGU > TQQQ
Twitter at 12% too what the heck, no MSFT? It's really just TSLA alone making FNGU outperform TQQQ. It'd be too scary to enter it at this point while QQQ is far more diversified.

i mean i don't wanna place my bets on Tesla this late. It's already at Mars.

Would /msg/ recommend going all in MSCI world technology sector ETF?

Okay let me make this simple for you retards. Here's what's going to happen with TSLA over the next month. Feel free to screencap if you want.

-price is going to continue to rally into the split date. there may be some pullbacks, sure, but people still really want to get into the stock because of the split and the hype is real. might end up crabbing towards the end.
-once the stock splits, all of the retards from RH and other retail will flood into the stock because now it's affordable and muh elon cult. all the poorfags will pump the stock. they are excited for cheap TSLA and excited for the wonders that Battery Day will supposedly bring
-new split price will rally into Battery Day. the way people talk about it, it's like the second coming of christ or some shit, which is dumb but that's how hype they are. Like they're just gonna solve the energy crisis or something. Which probably won't happen but that's how high the expectations are set, and so every dumb fuck is going to buy the shit out of the newly cheapened stock.
-Battery Day actually happens (Sept. 22nd, so around a month from now). Even if news is good, unless it's the actual second coming of christ for batteries, which i highly doubt, there will be a vicious "buy the rumor sell the news" event and the stock will sell off HARD. people will take profits and it will cascade into panic. think biotechs, sorta like that. you want to get out before this day arrives, imho.
-the stock will eventually recover and make new ATH's (relatively speaking considering the stock was split, of course), so look to enter again lower a.k.a. buy the fucking dip you fucking idiot.

There. I'm sick of repeating myself so just keep that in mind over the next month. I've got 5 shares in this bitch at $1927, we'll see how it goes. Just don't get shaken out like a retard, ride the hype train.

>>21729806
$2,500 of puts expired worthless today. It's my first big loss and I feel literally nothing. What should I gamble on next anons? Or should I just get into online poker? Poast plausibly deniable gambling addiction stand-ins

>>21731675
I'm not schizo, but I've been there, I had that same state of mind. Believe if if I tell you, money will never make you happy if you are alone. That's now how humans work, if I had to chose between my girl and some shitty market gains, I'd rather wagecuck in some office but have a loving and caring partner waiting for me when I'm back home.
I hope you'll understand that one day and stop that endless rat race, otherwise you'll waste your life away staring at the stock charts.

>>21731745
If you really want emerging market exposure buy russia, india, and chinese actual ETF index (RSX, INDA, ASHR)

Because 99% of the rest of the markets are fucking useless

>>21731768
Make hundreds of calendar spreads for all the stocks still low from corona crash 1

>>21731768
>What should I gamble on next anons?
The market is trying to teach you something here. You should listen. Failure to heed the lesson will result in this kind of loss happening again.

>>21731677
I used to be an adventurer like you and close to 100k, but then I took a 23% tax rate to the knee.

>>21731796
>you'll waste your life away staring at the stock charts.

What If you can afford hookers and a drugaddiction with your gains and live near a beach?

Asking for a friend

>listen to people say dividends are for retards
>sell out of a position with a gain to buy AAPL
>position announces a .25/share dividend after close
I feel as if this general is autistic millionaires trying to see how many people they can sucker into pissing away money.

>>21731768
>buying puts

Close your account. Call charles scwab and open a roth IRA. Put your money into it, and come back when youre 65.

Trust me. I can read you like a book. Youre retarded. You dont know what investing is. You dont understand monetary policy. Stop pretending you should be investing money.

>>21731857
Pillsbury brownies are better.

>>21731796
that's nice and all but it's hard to find someone faithful nowadays, the culture is shit. i'd rather just stay a bachelor for the rest of my life, maybe have girlfriends but nothing really serious or committed, and just have a group of really close friends i can hang out with and play vidya with and do other fun hobbies with. that's how you want to be. the leave it to beaver scenario is just a pipe dream in today's society, if you actually achieve it then great but it's like winning the lottery.

>>21731765
Pretty much this, unless the rumors of the new Lithiophilic Silver Coated Ion battery technology are not just a bunch of bullshit and they've cracked (or they're about to) the secret of how to make your iPhone battery last 7 days.

>>21731629
No retard, it's that the election outcome doesn't matter. It'll create SOME opportunities, like buying defense companies if it's the republicans.
Good Year tweets are relevant.
Biden saying some shit doesn't matter.
SPY/QQQ/VTI don't care which boomer is elected.

Go back.

>>21731768
>betting against the fed

retard (:

Can anyone explain why a put option expiring next Friday that's 10% OTM increased 18% in value an hour after purchase even though the stock moved less than 0.05% since purchase of the option? There's no news or anything and the greeks don't make sense.

>>21731768
>dozens of people get fucked trying to short this market
>do it anyway

>>21731931
>this passes as a model outside of russi and ukraine

Yikes, glad i dont have mutt genes

>>21731857
Loving relationship > Sex with some whore while high as kite
That much should be obvious. Do what you think makes you happy, but in a few years you will wake up over 30 years old, alone and with no social skills to even get a gf.
By the way, he added poo poo to these cookies, right?

>>21731897
Asked this in the last thread but no one responded. I'm at like 100k this year in income thanks to the stock market plus my job. Is it best to stop making money when I hit 122k, so that I can still put the full 6k in a Roth IRA?

>It's a crab market.

>>21731873
>listen to people say dividends are for retards
They're right and they're trying to help people like you who think a 25 cent dividend increase matters when you probably don't even have 100k and you have no intention of using your account to generate retirement income.

I don't understand why people have such a hard time grasping that it's better to increase your total return than to have a smaller return and get dividends you're just going to reinvest. It's a simple concept but retards have such trouble with it because they think dividends are free money and the share price doesn't adjust for them.

>>21731920
basically the reason this is guaranteed money printing is because of the hype. it's not about how well the company is doing, it's how well people PERCEIVE the company is doing, know what i mean? i've seen this happen so many times before like with SOLY or SGMO, just look at a daily chart some time. they rally up hard and then just fucking dump hard, if you look into the news around that time you'll know why. there was some big hyped event, the stock rallied on the hype leading up to it, then the event happened and the stock dumped even if the news was good or just decent. because it being good was already priced in, hell being great or fucking amazing might have been priced in so even good results wouldn't be good enough to hold the price. that's how you play speculation. you get in early and you get out before the event actually happens, that's what im saying is happening here with TSLA.

i'll likely take my TSLA gains and put them into increasing my AAPL stake. AAPL is getting the hype treatment too but i don't think they have another hype catalyst coming up like TSLA has with battery day. i think AAPL is just solid as fuck though whereas TSLA is much more speculative (but therefore can get greater gains in a shorter period of time though).

>>21732032
If youre a shitty trader or bad at buying and waiting a minimum of one year then dont worry about over contributing. You will always make more investing over the nontaxable limit than losing it larping as jordan belfort.

>>21732032
yes, in fact, you should quit your job and go on welfare and food stamps instead. You'll have 100% free time and be able to contribute our tax money to your roth right up until retirement

>>21731768
do this same thing but buy calls next time. :^)

>>21731139
>have to sleep for 2 days now to fast travel to monday
Lol it's you again, fast travel via sleep anon.

Should I date a girl who is fat, but otherwise is perfect for me? I feel awkward walking around with a whale but in all other regards she is exactly what I want in a partner.

>>21732024
>Do what you think makes you happy, but in a few years you will wake up over 30 years old, alone and with no social skills to even get a gf.

I'm 24 and this is starting to scare me.

>>21731934
>>21731853
>>21731897
>>21732000
I made $4k last week on puts. I had bet that instability in the Sino-US relationship would lead to 5% or greater losses on a few Chinese tech stocks. I guess it didn't pan out.

>>21732167
how fat are we talkin' here?

>>21732167
No, fat people have a lot of inner demons you don't want to deal with. Being fat in 2020 is just a collection of terrible fucking habits that will infect you eventually, healthy gf = you'll be healthy and feel great.

>>21732167
Can you put her on a diet? Can you put somebody else on a shitty character diet?

>>21732024
Why would you even want a gf in this nu-society? Why do normalfags value pussy over everything else?

>>21732088
>>21732081
I figured I'm not likely to make much more than 20k more the rest of the year anyway. So that's why I ask. Could be wrong. Depends on my Citi calls. Thanks to them I built up a nice 1000 shares of the bank.

If you want to know how well a girl will age look at her mother. If her mother is 50 and looks 40 then hey the girl's a keeper. Now this ain't the end all be all to it but it gives you a good start.

>>21732242
I have a trad gf, village girl at heart, but with good education. Loving, caring, kind, cries when she sees animals suffer in the movies, cooks a lot, cleans every 2-3 days, enjoys pizza Fridays and hates Capeshit. But I'm from Europe, I don't think you have girls like that in the US anymore.

I bought steel stocks today.

>>21732315
I'm from Europe too and I haven't seen any unicorns around.

>>21732242
normies are unable to conquer their animal desire
>>21732315
> I don't think you have girls like that in the US anymore.
theyre very very rare to the point where its not worth actively seeking them out

>>21732291
>tfw gf is hot and i love her
>her mom is gross and chunky
both tall though. my gf worships me though and knows i hate fatties. hopefully that will be enough

>>21732346
how much money did you make or lose?

>>21732346

>>21732024
Loving relationship < Sex with some whore while high as kite

I don't want to take care of and be responsible for a whole nother human my dude. Having to deal with their feelings. Fuck that

>>21732392
~0,6% plus atm.

>>21729806
Nuffin’ crabby ‘bout dis portfolio, Anon.

Do people actually think Apple will run all next week too?

Does anybody have this weird feeling?
Like you make thousands in a single week from stocks. But you feel guilty about ordering a $30 meal on a Friday night. Like, I could've used that for collateral on a spread or something instead. Or another share of LL or BAC or anything really.

I used to splurge a lot in games like Hearthstone, League, Black Desert, but nowadays I don't really find enjoyment in those kind of games nor do I want to spend money on those games.

So weekends are kind of nightmarish for me in the sense that I don't really have much to do except read about financial news and world events. And then I go to work on Monday-Friday as usual. It just feels weird.

I wish I had a fun game to play on the weekend again, but without worrying about wanting to spend money. And I also want to learn how to be able to fully enjoy the money I'm spending. I love food, but I feel guilty as fuck whenever I order something like Domino's. I'd rather cook my usual meal of rice, beans, chicken, and a salad. Which costs a lot less than eating out. So yeah, I eat out or order food maybe once a week but even that is a guilty feeling. And I hate it even though I enjoy the food itself.

>>21732506
Yes

>>21732065
>you have no intention of using your account to generate retirement income
But that's where you're wrong.

>>21732506
do you honestly think people all of a sudden aren't gonna want to own AAPL anymore? especially just before a fucking forward split, a split that is the result of the company being so fucking successful that its stock is too expensive?

really? is this really a question? are you really this fucking stupid? just buy it and forget about it for a month, dude. thank me later.

>>21732506

>>21732518
There is a reason why Buffett drinks Coke and Gates eats at McDonalds.

>>21732506
She's cute.

I got lucky with my wife. I'm 37. She's 30. She's not materialistic. You won't find a shit pot full of shoes in other words. We get along pretty good, hell after being with each other for damn near 11 years you know someone pretty good. The ironic thing is that she's a brunette while when I was a teenager all my girlfriends were all blondes. (except this one girl I knew, didn't date but she had this Irish accent and had brown hair, the accent drove me nuts)

>>21732506
weekly/biweekly patterns of spikes from FOMO retards who have to wait for their funds or trading account to open. Look at your coworkers and find out how many started talking about stocks or opened a trading account recently. In my office, there's even a coupe coworkers who got roped into fucking GNUS.

people are looking at the March dip and continually FOMOing in. How else do you explain this pattern? Bull run (with some dips to scare away paper hands) for rest of August and September until elections make everything crab

>>21732602
Okay but that's kind of different. Those are American staples and I don't mind getting those either. But you know what I'm talking about right? Spending like say, $30 on a takeout or $50 on a game feels weird to me because I always have this idea in the back of my head; "I could buy a share of X for this, so I'm just going to make food or watch movies online instead."

Lowe's is a buy, they crushed earnings. 158% ROE.

Anyone use Interactive Brokers? Signing up for an account to do covered calls with margin. They only have a 1.6% margin rate, its crazy. Just going to buy AAPL and sell covered calls.

>>21732667
>In my office, there's even a coupe coworkers who got roped into fucking GNUS

kek, my manager bought that trash at like $8 a share and now refuses to ever touch stocks again.

>>21732667
To be fair, without COVID it looks like QQQ would've hit 280 well before August anyways. I think the recovery was a bit sped up and we can fully expect to see a bit more of crabbing as elections approaches us. But in no way do I believe the rise up is parabolic. just a bit more shaky.

I do notice a lot more coworkers talking about stocks now. But I work at a pretty respectable place so they don't talk about stuff like GNUS, most of us talk about FAGMAN (as bluechip as you can get) and sometimes we even adventurous with some of my team buying stuff like Fastly, Datadog, Etsy, Pinterest.

So my 7.50 8/21 put sell got assigned on BLNK today... before the you know... fraud investigation I was comfortable holding this long term and was gonna run the wheel on them. I guess I should just sell on monday and get rid of this bag?

>>21732671
Life is more than just investing, accept the fact that you will never make it, no matter what. At best you'll have a enough for a very comfy retirement, and that's only if you get lucky.
It's okay to spend money, but eating out for that much seems like a fucking waste, I'd rather cook myself something nice and big.

>>21732518
Well I quit gaming cause most games are shit now and blowing $400+ on a console just for maybe 1 game you like is nuts. Yeah back in the day when blu-ray was new and just a player would set you back 1,000 buying a PS3 was a bargain cause you got a player and a console all in one.

internet was down for 20 hours. I was unable to trade

>>21732518
i will penny pinch about retarded everyday shit that are vital to me, but i don't think twice about dropping another $1K into a leveraged ETF or something (this is in a TFSA so i can't do margin trading or options)

>>21732569
>just buy it and forget about it for a month, dude. thank me later.
More like 2 years

>>21732804
Do you not have an internet capable phone?

>>21732804
This but on a national level is a black swan event.

>>21732765
Having enough for a comfy retirement is making it for me. Originally I set out to stop waging by age 40, which is a pretty damn ambitious goal. But I don't have a family, no debt, live in a pretty low cost of a living area, and honestly - don't have much ambitions in life. I would like to have a dog or two, and maybe travel once or twice a year. But even with $1 mil I think I could make do with just selling premiums on blue chip stocks, while collecting dividend.

I love cooking as well, but some things I just can't cook, you know? I can't really make a Domino's pizza or make great Chinese food. Those I have to order. But yeah, I'd rather cook and save money if I can. Sometimes I crave a nice hot pizza, can't blame me for that.

>>21732824
I'm the same. I don't buy soda when easting out, ever, always go to lunch at places that have certain specials on certain days, etc. It adds up.

>>21732824
That's literally how I am lol. I'm very frugal but don't think twice about dumping my paycheck into QQQ/TQQQ or AAPL/AMZN.

>>21730399
>Funko Pops
nah I'm good

>>21732804
Get a mobile phone with 4G.

Worth it!

Imagine making enough to afford 100 shares of AMZN.
Then imagine selling covered calls on those stocks to make $5k a week and living off that income.
That is my dream.

>>21732899
>>21732903
Word.
Today had family over and they ordered Chinese food. I just order meat because I could make my own rice to save money.
Also plopped 10k into Robin hood to drop into Apple kek

>>21732700

Shhhhh, don't jinx it.

>>21732518
how much money do you have? i've grown a $30k account into over $50k and i don't put any more money in, i just churn what's there into more money whenever possible. i just made $2k off of TSLA and AAPL and that's just gonna keep growing over the next month or longer, so why the fuck would i give a shit about $30?

to be fair im pretty frugal too but i hardly feel guilty about expenditures. your happiness is what matters the most ultimately. just spend money on quality things that last. i bought a tempur pedic bed for over $2k recently, a hybrid adapt. i bought a really nice muzzo leather office chair for around $250. i have a nice ~$2k computer i recently bought (OEM parts, built it myself). these are all things that will lasts years, the bed has a 10 year warranty and i sleep like a baby. i sit at my desk and do computer shit all day err day. i bought a really nice microwave a while back because i use it a couple of times every week.

basically splurge on shit you use all the time. im not buying a lambo or a mansion or expensive fancy shoes or some bullshit like that, jewelery or something stupid. but spend money on shit that matters that you'll use all the time, get the good shit because you deserve it. pay people to do hard physical labor so you don't have to around your house. but other than that, all of my money is going towards early retirement, sure. also maybe buy better video games, i bought dark souls 3 when it came out for like $50 and got over 2k hours out of it. i've played a shitload of MTGA and never spent a dime on it. i've played hundreds of hours of rocket league which i got for like $20. literally just get better games or something it's really not that expensive of a hobby especially with how generous Steam is during the sales.

RKT

>>21732700
The margin rate is literally the only truly good thing about ibkr. Other than that they have great execution and routing but that's irrelevant if you're not an HFT.
Other than that, they're fucking awful in every conceivable way.
Well, given how much trouble people had with TDA recently, maybe except uptime which seems to be alright.

>>21733057
based

bros i'm so scared of TSLA collapsing i feel like i'm being greedy by continuing to hold it but the green line going up feels so good

>>21733117
i'm retarded and bought 100 shares @24 and sold @21

>>21732518
NO
one thing have learned is you NEED use atleast little bit of money you make or else it starts messing with you mind.

if you making thousands a week you should be eating very nice every day. It psychological thing
being cheap will bleed into your trading, you will start thinking stuff like "oh no I cant lose $30 it will make feel bad"

am not saying go out and buy useless junk, but you need spend some appreciable % of trade money on positive things.

>Started investing this year
>Carefully pick a mix of my fav companies, companies i think will do well over the next few years, spend many hours researching
>Only up 7-10% for the year on any given day
>Constantly getting dabbed on by anons who just went all in on Tesla TQQQ or NIO

AHHHHHHHHHHHHHHHHHHH

>>21730606
That's what I thought but it never came down. No one is going to sell before the split date and more normies are going to FOMO in the last minute. Just ride the pump anon.

>>21733005
Hell yeah dude.. each one of those Apple shares generated a Chinese takeout meal and then some today!

>>21733057
I have about $80k, and I've grown it from $40k since April. I was never really interested in the stock market but recently got extremely bored of games and started thinking more about the future. I was also growing tired of my job. I'm only 25 and have been in the workforce for maybe 4 years now, but the first few years were spent paying off my student loan and I had saved up 40k or so in my Roth and bank. It feels good being up and I know this level of growth is not sustainable in a normal market. Which is why I'm trying to make it big somehow to at least mid 6 figures before the entire COVID thing blows over completely, or before the VIX drops to something like 13 and staying there.

My friends keep recommending games to me but nothing is clicking. It sucks to not be able to enjoy games anymore when all I used to do was get home from work and game happily.

>>21733174
That's unironically the purpose of puts, to buy insurance so you can sleep at night.

>>21731765
>Just don't get shaken out like a retard
Exactly. The amount of paper hands selling early since March should've taught us that much. Tesla may as well be a shitcoin, it's but an easy wave ride for nice gains.

>>21732848
I actually dont

>just realized I bought kodk when I meant to buy rkt
o-oh

>>21733181
>>21733057
I guess you guys are right. I'll try to treat myself to some stuff that lasts from time to time. The problem is I don't know what. :( It used to be games. Nothing clicks anymore.

>>21733283
based and redpilled desu senpai. Stay away from the spyphone electronic jew cancer machine.

>>21733202
Stick to your companies, we're riding the TSLA wave for now, but it won't last. Wait for the bubble pop and buy the massive dip if you want in.

>>21733300
Purple Hybrid Premier 4 with PowerBase.

>boomers
>"crypto is fake and going to zero because it is backed by nothing"
>boomers in 2020
>"AAAHHH KEEP BUYING SHARES OF OSTK, TSLA, W, AND AMZN"
>"I am projecting growth to different decades and different dimensions"

>>21733174
You were supposed to take your TSLA profits and put them into Apple.

>>21732863
This is me. Other than I'm married and I'll be retiring at 50 instead of 40. Hell enjoy life while you can. Enjoy all the food you can now while your young. Trying to eat a wendy's dave's triple at age 60 is a sure fire way to land in front of the pearly gates.

>>21733228
consider that maybe you've just "grown out of" video games, it's possible at least. try other hobbies, maybe you're looking for a creative outlet. find something where you can make something. start learning music, how to play an instrument of your choice. look into different crafts and see if any interest you, like sculpting or oil painting like bob ross or carpentry or working on cars or something, or programming. something productive and creative, but that you do because you enjoy it, not just for money.

i've been playing guitar for over 15 years and i love it. self-taught, you can learn anything through youtube and google nowadays, just takes time and persistence. maybe look into picking up a hobby like that instead of video games if you want something with more "depth", something that is more "fulfilling". you probably don't find video games fulfilling anymore.

>>21733133
Yea, I don't plan on trading at all really. Just buy stock with cash+margin and then sell a call a month out. I would do it on Fidelity but their margin rates are fucking insane.

Who else is going to use their Goodyear dip profits to buy a new set of Goodyear tires? Y'all did buy the dip right?

>>21733300
Food is worth it. Things that last are really not needed. Focus on the experience more than objects.
However, don't ever buy games, or movies, or anything trivially pirated. That's just a jew scam.
Other good things you could buy are gym equipment if you're into that sort of thing, clothes, a better computer, things like that.
As for me, I'd rather go on a roadtrip than to buy something, but I'm naturally the opposite of a materialist.

>>21732531
Okay then, show how much retirement income you're making in your shitty poor college student tier account.

>>21732518
>Like you make thousands in a single week from stocks. But you feel guilty about ordering a $30 meal on a Friday night.

>>21732518
I was like that before getting into stocks.
My monthly spending is less than 200 dollars, 340 if you include rent, utilities and extraordinary expenses.
Just pirate your games. Pirate everything. And have fun during the weekends. That's what they are for. There's no point in worrying until Monday anyways.

>>21733348
see: >>21731765

i'll put my profits into AAPL (which i also own right now at 469.69 lol, 40 shares) at that point. gotta get up to at least 100 shares and figure out how the fuck im supposed to profit from selling covered calls, never done options before but it seems pretty neat to do it safely like that.

any other GNUS bagholders here putting their kids into a straitjacket and forcing them to watch kartoon channel?

Does.TDA have a Sell At The Top feature?

>>21733462
>140 in rent, utilities, and extraordinary expenses
Do you live in rural India?

>>21733412
Fuck goodyear. Would never buy any of their trash out of principle alone, after what happened with the RV incidents.

>>21733342
Except Amazon and TSLA are real companies selling real service, and crypto does nothing but sit in a wallet.

>>21733551
In Western Europe actually.

>>21733475
Covered calls are easy: you want to sell them for a strike right above where it's going to be at expiration. The hard part is figuring out what that strike value is. In the current market, 5% per week is not too bad on memestocks like aapl, tsla, etc. Most calls aren't exercised before expiration even when they're itm.
Ultimately the only loss you can have is in holding the covered call and the underlying as the underlying's price goes to 0, outpacing the gains from the call depreciating. That's hardly an issue though. On the upside, the worst that can happen is to not profit as much as you wanted to. But if you combine appreciation (i.e. strike - current price) and premium, you can project how much you'll earn in total and decide f that fits your objectives.

>>21732506
Poor Rachel, she couldn’t be saved... probably just dumb as a brick with a stripper single mom, many such cases.

AAPL?
No idea.

SRSLY weighing just buying the fuck out Of MSFT.

>>21733616
what's the difference? xD

>>21733435
Zero now, because I put my money into AAPL.
How can you be rich and this retarded?

>>21732518
yeah, 30k in a day and cheap out on which place I order food from to save $5. It's a winner's mentality though.

>>21733654
Less poop.

If you make like 40k a year, but then thanks to the stock market make 100k this year, should you tell anyone? So far I've kept it secret from my mom and best friend.

>>21733643
MSFT not having really popped is interesting

>>21733526
my folio is red every single day because im bagholding GNUS from $8.59. it's too late to sell now. ill wait a year or so before cutting my losses.
i just try to ignore it

>>21733682
Best to keep it a secret.

>>21733682
Not if you’re not planning to treat them to something special.

>>21733691
FB also could pump?

>>21733628
yeah basically figuring out the strike is what i was trying to figure out. so should i just go for 5% each time or is there some kind of method to the madness, some kind of more specific strat to figuring out how to do a covered call strategy on 100 shares of AAPL over and over for the next decade at least?

>>21733682
No.

>>21733682
>wandering into a lot of money in a short amount of time
Avoid telling friends or relatives that unless you have to (like one of your parents needing emergency surgery)

>>21733694
h-how many shares?

>>21733695
>>21733715
That's what I'm thinking. Friend will probably just get jealous or angry.

Not sure how to handle getting a house. I still live at home, so I'm thinking I'll just live in an apartment for a year.

boredom

>>21733747
>>21733749
Yeah, I mean not like I made a million. 100k isn't much after taxes.

>>21733776
just because ur bored doesn't mean it's okay to post child porn

I don't know the actual mentality but I think a big mistake people make is touching principle. Your investments aren't what you draw from to pay for things. You pay from the returns. This gets confusing but basically if you go from 50k to 100k, don't pull out 30k to spend as if it's free luxury spend. I mean if there is something you desperately want like a 10k vacation do it, but you need to focus on growing the principle, you won't always get +100% a year returns, and doubling up your returns via having more principle is really much better than wasting it on something you might not need and just be spending for fun.

>>21733828
stupid baka Anon

anyone know when Palantir IPO?

Would MSFT pump if they won JEDI? Or is that priced in? Will they dump massively if they lose it?

>>21733744
There are many methods that work more or less in specific conditions. You can use a multiple of iv, or a multiple of ATR off of some ma (such as vwma or sma). You can eyeball it (5% figure above) based on recent past performance, etc.
Some anon was using some multiple of premium on atm strike method, which I have no experience with, to try to predict future price as predicted by the market. Etc.
Yet another method is to not give a shit about any of this and just figuring out what your target min and max returns are for the selected time period and selecting the option that corresponds to this target. Remember: profit is profit, missing out of profit does not exist (it's just bad psychology).

>>21733803
Just fucking around. Long as you trust them not to badger you for money, I don't see why not.

>>21733910
I also don't want to tell them because I don't want to boast and be prideful in my reasons.

>>21733572
That's a cool opinion bro. Too bad there isn't independent analysis on tires that give unbiased facts on the "best" tires. But your anecdotal evidence is cool too

>>21733875
I think a good rule is to only touch 5% a year or less of your total investment money. Even if you have a +100% year. Because that's not going to be sustainable generally.

ex 50k gain in a year thats +100%. You should probably only spend at max 5,000 of that and keep the rest investing in appreciating things.

>>21733803
The problem is drama. People change when they learn such "secrets".

>>21733616
Calling bullshit, you can't rent a tree's shadow for 140.

today was a good day. can't wait for monday bros

>>21733909
so i guess if the call gets exercised you just get your stock called away and then immediately buy it back or something?

QUICK I NEED A HELP
IS good entry point ON gold (PHYS etf)?

Also thinking of buying in the next ten minutes:
>BAC
>MSFT
>FB
>ROKU
>QQQ

>>21734028
Exactly.

>>21733965
t. goodyear PR specialist

Over 100 people died from detective goodyear RV tires over the course of 2 decades. Goodyear kept the problems secret for years by just settling and getting court records sealed. plenty of info out there on this.

>>21732167
Make her lose weight

>>21733882
lolidk but:
https://www.nytimes.com/2020/08/21/technology/palantir-ipo-580-million-loss.html

Corsair S-1 filed recently, too:
https://www.sec.gov/Archives/edgar/data/1743759/000119312520227100/d507744ds1.htm

>>21733665
You didn't say AAPL was your only position, you stupid faggot.

>>21734060
I'm sure the chinese tires on your moms minivan are fine for the times you're allowed to use it for a mt dew run

>>21732167
Yes. fat can be fixed and is much easier to deal with.

>>21733909
Yeah, but it's well known that using option pricing derived from the Black-Scholes model is necessarily flawed. So to create derivative targets based on a flawed model jointly with consensus views adds such a level of complication I can't imagine ever using it to even a modicum of success. More or less you're heaping shit atop more shit and outputting shit.

But hey, if it works it works, but one day it won't. Just make sure you know you're working with shit, y'know?

>>21734210
I only use Michelin, Continental, and Bridgestone but thanks for looking out (:

>>21734036
Buy MSFT, it's comfy

>>21732167
Yes
>>21732223
>>21734067
It's really hard to impossible to make "her" go on a diet. Don't have any delusions that it'll work. Even if she tries hard, she will probably end up discouraged midway, and even if she loses a lot, she might gain it back, and be discouraged and therefore go all the way to the weight she was. If she is otherwise well-off psychologically, it's far more likely to work out. However, always consider that she might stay the weight she is, forever (or get fatter when pregnant).
However, unless she's morbidly obese, that shouldn't decide how you approach this. As >>21732223 says, you cannot put someone on a character diet under any circumstance. The remaining question is personal: are YOU OK with a trophy wife which you will hate every part of except the body? If you answered yes, don't go with the fatty. If you answered no, keep probing, and if nothing wrong comes up, go for it, tiger.

>>21734224
IV is based on the model, but the other anon's method is not (it's only based on actual current option prices vs underlying).
In the end, just backtest and find what works or doesn't, don't just assume, and especially, don't delay and hesitate for years before writing your first covered call. Finally, practice is best.

>>21730030
good, fuck china

>>21734257
MSFT is very comfy and no antitrust on the table.

So out of all the FAGMAN, we all agree that MSFT and FB are the best bargains left? Maybe google? Apple is already a quarter of my portfolio before you start hating

>>21734060
Tesla autopilot has killed like 80 people from 2013-2020 (https://www.tesladeaths.com/).). And they are a fraction of the vehicles compared to those with goodyear tires

>>21734352
MSFT is approximately correctly priced right now. FB is definitely a bargain. Quite frankly, AMZN is unironically a bargain right now as well. GOOG(L) isn't, it's overpriced.

>>21734352
I think NFLX has been usurped by NVDA
FB might be a bargain only because their revenue stream is the least diversified of FAGMAN (outside NFLX)

>>21734355
I'm anti autonomous driving.

>>21734120

I'm dumb, is that palantir article positive or negative? Should I give them all my money when they IPO?

>>21734324
you think AMZN or MSFT is more comfy? Obviously AMZN has the anti-trust worry but it still is very comfy.

aslo anyone remember being shilling SOLO lmao

>Decide to invest in Italy with my funny money expecting a wild ride
>Minimal gains with occasional dips into a total loss across the board
>Just really fucking boring with money inflating away

I-Is this it, Italy is dealing with the pandemic by going to sleep?

>>21734418
MSFT is pretty much the most comfy of the big 5 right now. That doesn't mean it is the best in any respect.

FNGU would be the perfect ETF is they got rid of fucking Twitter for Microsoft

>>21734463
EU markets are early stage Japanified
It is not an exaggeration to say that the only markets worth anything are US and China with a few exceptions. Those exceptions being raw materials in Canada (lumber, gold, DUDEWEED, etc.) and Finance in the FTSE

>>21734463
What the fuck did you expect? Protip: if a country's own currency would float lower than the Euro, it means Germany is basically stealing from them to fund the Merkelreich

https://www.youtube.com/watch?v=FSW4EVpLv_s

Apple is so based.
>Apple fires back at Epic Games in new legal filing

>>21734500
Maybe replace the Chinese stocks with TSM and AMD

>>21734500
>communist china exposure
you're literally betting against america and the natural flow of history

>>21734500
>TWTR
>-7.87%
I have no idea why MSFT isn't in that ETF honestly.

>>21733526
It is funny seeing them post mug kid lives gnus cartoons Or looks the gnus app got 5 stars I. The app store

If I have a big cash pile that i'm aspiring to grow, is it more profitable to ITM apple puts for big bucks or just own apple and wait?

>>21734154
>infers someone's portfolio with near-zero information
>gets salty when he's wrong
>gets it wrong again
Maybe you should stop trying at this point.

>>21734623
*to sell ITM apple puts (obviously)

i wish i had bought more TQQQ

>>21733202
STOP. You are doing good. Do not listen to the retards here. They are basically posting winning lottery tickets. Do not even pay attention to this trash. This is a pretty typical first timer reaction. When you start investing you just pick things you like, but then you get hit with the fear and doubt and greed, and it will destroy you. Learn to resist those emotions.
Some quick tips:
Hold less than 10 positions.
If you want to buy similar stocks, just get an ETF instead.
Don't trade options.
Don't trade options.
Don't trade options.
If you have to do options, practice covered calls.

Should I sell my mining pennystocks and WKHS (I'm profitable on all of it) and just go 100% HQU in my fun account?

AAPL is basically a bet on inequality and I think for that reason it's amazing right now. Luxury consumerism is only going up after worldwide financial response.

>>21734534
>What the fuck did you expect?

Fun. I wanted to get drunk on campari and hold on like a madman while the country threatened to implode until Germany bails it out.
https://www.youtube.com/watch?v=kwxIGe1oOJQ

>>21734355
I'd trust tesla's AI more than your average Asian driver

>>21734661
>Don't trade options.
>Don't trade options.
>Don't trade options.

That's how you make the real money though. At least to build a nice base, then put those profits into shares.

>>21734661
Leverage is literally the only legit way to make it and go exponential. You just need to learn to use it and not do dumbshit short-term plays like it's a lottery.

>>21734730
Even lottery plays are legit if you know how to do proper risk management.

>>21734661
haha apple and tqqq go brrrr

>>21734705
Southern Italy has been Spain tier lazy since Spain owned them, and Northern Italy is being squeezed under the artificially high currency that is the Euro. How the fuck should Italy compete in manufacturing or exports when Italian exports are being priced above American ones, much less China?

>>21734753
I'M MAD ABOUT MISSILES

>>21734723
>>21734730
>the pride before the fall
Options are never the right direction for new traders, or anyone that isn't going to watch their account like a hawk. For 99.9% of people, there is literally no reason or benefit to doing options.

when is TQQQ going to go down again

>>21734825
Yeah. I'm talking if you want to make it trading full time and are putting in the work. I'm done with options for the rest of the year.

>>21734825
You are clearly very new. You are allowed to lurk before making garbage posts like these, you know.

>>21734825
I haven't done options because my shit broker doesn't offer them, but selling covered calls seems like pretty much free money

>>21734825
I've made 25k on AAPL calls over the last month with minimal effort. But yes you're right I watch them like a baby

>>21734634
You're such a retard, you explicitly stated you are dividend hunting and are upset about losing a 25 cent dividend after you sold a stock for AAPL. You are so abysmally stupid you think you now have zero dividend income despite AAPL having a dividend.

Everything I inferred was correct, you're just to big of a embarrassed pussy to post the total dividend income you either were making or currently make because the amount is tiny and it would be clear prove why idiots like you with lunch money shouldn't be dividend investing in the first place and should instead seek a higher total return.

>>21732181
Don't be scared, I'm there already and also poor. It's not unpleasant at all but I'd still like 50k a year or so for projects and hobbies.

>>21734895
>you are new
>telling new traders to play options
You are a fucking idiot who thinks hes a genius. Go back to r/wsb.

>>21734928
i'm so excited to do covered calls after the split ty apple for making it viable for poorfags

>>21734730
You can get big gains without options. I'm up 176% in the last year with pure stocks.

>>21734825
Well I think the right way to say it is:

Options are LEVERAGED so they must be played with GREAT CAUTION and watched like a hawk.

Buying long dated calls for tech megacaps are not a bad idea. Same with SPY or QQQ.

Weeklies that EXPIRE on people, is a dangerous thing. The one thing I tell people, who are new to options, is this one thing first: just because the option is CHEAP doesn't mean it's GOOD.

I'd rather pay up $2500 for a safer strike, than paying $500 for 5 contracts at a much riskier strike. Of course, with more risk comes more potential gains, but yes - newer traders need to do a lot of research on what options are and how they even work, and the math behind them.

I always recommend people read up on every single options type and how they work. Such as spreads, condors, jade lizards, whatever. And learning about the greeks, and then practicing small things one step at a time. Like writing incredibly safe spreads with $200 collateral, and getting a feel for the market.

>>21734825
Is it even worth if I'm wageslaving for 200k/yr? I don't have time to watch my acct like a hawk.

>>21735017
Yeah. I did 2019 on shares only for +80%.

Options offer some trading orientations you can't get from shares, including obscene amounts of leverage or ways to play if you notice a black swan early that stocks will never give you

>>21735017
whats your strategy?

>>21735011
Yeah it's gonna be lit, can't wait. Thanks based tim apple.

>>21735087
If you're wageslaving for 200k/year you just buy megacap tech stocks and write covered calls on them. Boom easy.

>>21735087
Just buy SPY QQQ and SOXX if you don't want to look at your account.

>>21735087
If you make 200k a year you're probably pretty occupied with your profession. I would simply put all your excess money into QQQ, SOXX, AAPL and SPY, then never visit /smg/ again.

>>21735087
You can set stops to protect yourself without always watching

>>21734257
>>21734324
>>21734352
>>21734409


FUUUUCKKKK
I REALLY WANTED TO ADD SOME MSFTies AND FBoys BUT I FUCKING FORGOT AND TOOK TOO LONG CONSIDERING WHETHER OR NOT TO BUY GOLD AND BANK OF AMERICA


NOW ITS CLOSED
FUCK YOU SCHWAB

FUUUUUCK

This confirbs it,
MSFT and FB gap up bigly monday
Probably AMD too, I meant to sell my MU bags and put them into AMD and NVDA.

Dollar Rises, Gold goes into the toilet, Bank of America defaults, everyone but me makes money.

>>21735087
QQQ
SOXX
maybe a few stocks you like or whatever

Gain leverage from IBKR margin or leveraged ETF if you want it.

You are making more working than you would trading most likely so focus on that but invest/save properly so you can build up passive income.

>>21735126
The only bad part of this is that I have to place my calls so out of the money to not be afraid of my shares being called away since it just keeps fucking going up

>>21735120
Pick good stocks at a fair price and sell at a higher price. Unironically that's it.

>>21735283
okay. what are you criteria for a stock to be 'good'?

>>21735274
yep. Hoping for $10+ gain the first day after split, who knows what it's gonna do

>>21735166
>>21735138
Okay. I'm pretty much 50:50 on spy and large cap growth in my boomer retirement. My yolo rh has soxl tqqq fngu and apple thanks to /smg/

>>21735319
Around here? Whatever is overbought and constantly in the news.

>>21735319
If someone on /smg/ isn't shilling it then it's not good

>>21735319
good growth amd future prospects that dont care about corona
e.g tech and semicondyctors

>>21735319
CEO has to be good or intelligent
Average IQ must be high, think by what major they attract or how attractive they are to college grads etc
They have to be in a secular growth area that has limitless potential at least to our current views.
Alternatively they have some type of brand value or brand moat that gets dumb people to spend 2x more on them.

>if the stock goes up too much I want someone else to have it
virgin covered call vs chad long call

>>21735355
Yeah that sounds fine. Remember to sell deep OTM covered calls once a week on those SPY and large cap growth.

>aapl
>up 1.42 ah
>still not at 500
>have to look at this shit for the weekend

>>21735381
I would also watch peter thiel videos and read his books.

>>21734825
You mean there are people who trade options and DON'T stare at tape for 9.5 hours while refreshing /smg/, /wsb/, finviz, and stocktwits, and then stare at the after-hours, futures, and pre-market?

>>21735420
think it's actually kinda bullish it didn't hit 500 yet. gonna be so much fomo next week it's gonna be insane. It'll rocket as soon as 500 is breached

>>21734929
Jesus, you're an angry little man. You don't want to help people and instead just want to prattle on about how anyone who doesn't like getting insulted by you is a retard.
You may be richer than me, Anon, and I'm happy for you for that, but you're still a useless person to interact with.

>>21735485
>not waking up every 3 hours while options trading to check markets

>>21735485
>stare at tape for 9.5 hours while refreshing /smg/, /wsb/, finviz, and stocktwits, and then stare at the after-hours, futures, and pre-market?

Hey that's me

>>21734825
When the hell is this general going to learn about LEAPs already?

>>21735319
Fundamentals along with market sentiment. Products and services the company provides, management quality, market opportunities, growth all that good shit. I look at technicals a little bit but it's mostly fundamentals.

>>21735565
Shhhhhh. Only short term options are allowed in /smg/

>>21735565
the boomers are scared of options because they don't want to learn muh greeks

>>21735166
what about TQQQ?

>>21734010
Sorry I am kind of asleep but you are right my numbers were wrong.

>>21735565
I'm waiting for the day /smg/ combines LEAPs and covered calls.

>>21735565
Don't tell them about calendar spreads. I already made back the entire cost of my AMZN LEAP by selling OTM calls on the LEAP every single week.

>>21735520
>MY HECKIN' DIVIDENDRINOS! WHY WOULD ANYONE HERE SUGGEST A STOCK OTHER THAN THE ONE THAT I WANTED!
I already helped you, only it wasn't the answer you were looking for so you got offended and started this argument. You don't know what you're doing, you refuse to learn, and you want other people to feel bad for because of trading decisions you made. Take some fucking responsibility and ironically you're further ahead now because unless you bought AAPL at the exact top just before close, your gain was greater than any 25 cent dividend you would have gotten.

>>21735702
>LEAPs + covered calls
This is my eventual goal, but I need to increase my options level. I'm busy with other stuff right now though.

>>21731739
It also is heavier in AAPL , NVDA , AMZN.
I don’t get the Twitter over Microsoft thing at all either.
You can always just do both

>>21735702
>Make lots of gains but you can't touch it for a year because it's all locked up as collateral and oh by the way if it moons at any time you didn't really make as much
No thanks.

>>21735381

>Average IQ must be high, think by what major they attract or how attractive they are to college grads etc

This needs to be stressed more

FAGMAN and the ilk are IQ magnets which perpetuates the loop of success in growth and innovation.

>>21735924
Unless you're referring to poor man's covered call, in that case sure.

new @_@

>>21735966

>>21735669
>if you don't want to look at your account.
who has the balls to hold a leveraged ETF without looking at it long-term
hindsight 20/20, unless you have a way to confirm that the next 10 years will be another bullrun then it's risky as fuck.
If for some reason the market starts crabbing for a couple years, you stand to lose like ~50% after a few years even if QQQ doesn't actually dip more than 10% long-term.

pic related is a 2x leveraged ETF around natural gas.

oops new

>>21735966


>>21735966


>>21735966


>>21735966

>>21735974
So could you be fine holding TQQQ and checking your account weekly or every few days?

if you see a trend of the market crabbing for more than a week, you transfer everything over to QQQ or some other (safer) ETF?