/biz/ - Business & Finance

XOM is sub edition

You forgot the title retard

Why is oil a meme again when solar has been pumping unstoppably for weeks? I got in late and I'm still up 25%

roll for CCCCCCCCCCCCCCCCCCRRRRRRRRRAAAAAAAAAAAAAAAASSSSHHHHHHHHHHHHHHHHHHHH

I need BABA at 310$ EOW pls

How low will TSLA dip tomorrow?

>>21904797
>no title
this is what you get for forcing me to make it as im walking out the door. reap what you sow

>sold NFLX yesterday because it’s a shit company
>pumps 12% today

>>21904797
Hurricane season

Is everyone here in America this stupid?
>Bring gun to riot
>Surprised when group of known violent thugs who are against guns try and attack you
>Thugs also somehow surprised they get shot when trying to gangrush a guy with a literal gun

Surely, it's just the vocal minorities that are this dumb, right?

Happy trading, fellas

>>21904744
>didnt even include the title
kys

>>21903901
wish anons would talk more about their strategies here and how well it has been working for them. doesn't even have to be very complicated. but i find trading strategies and why they work in theory combined with risk management theory to be fascinating. i focus on keeping it simple even though it can be difficult.

the main strat im working on now is simply buying the dips on a watchlist of tech and semi companies i like. the criteria is that they have to be great companies that i believe will continue to make new ATH's, so any price you buy it will eventually be profitable. i want to start buying some on red days with enough gas in the tank to keep buying more as they go down, eventually selling them as they go up.

simple, but the difficult part is: how many times do you split up your money? (a.k.a. how many times can you buy before you're out of money and can't buy any more and just have to wait) at what levels should you buy? (some multiple of the ATR on the daily? some whole dollar value [i.e. say you buy some AMD every 2 dollars it drops]? standard deviation channel values on some chosen time frame?) what are the qualifications under which each company is considered to still be believed to make new ATH's or not? (instead of a stop loss this is ultimately where you'd cut your losses) and finally, at what value do you sell? (some % gain? do you scale out at different points or hold for one large sell at a certain profit above the average? etc)

i find this stuff fascinating but yet no one wants to discuss this shit, feels bad man. if anyone wants to critique or throw in their 2c on this strat im working on feel free. im also really interested in the wheel although im not sure if options are gonna be any better than just scaling in and potentially then scaling out of solid tech and semi stocks.

fucking respond to me faggots im bored let's talk about strats to profit from the markets for a change. also im drinking.

SLV and GOLD are going to pump tomorrow when JPow gives his talk on inflation. Might see a market shakeout. Hold on to you asses and assets

>>21904862
He brought a gun to a riot to protect his property from arsonists. They burned down a church, a probation office, a preschool, a furniture store and a used car lot the day before.

CREDIT SPREAD ON CUNNY

>>21904862
>Surely, it's just the vocal minorities that are this dumb, right?
It kinda is. How many people do you think are on both sides of these riots in total? There are 330 million people lining in the US

Uhhhh late ding ding ding, I may have fallen asleep at my desk around 1. How did everyone do today? I'm up .82%, pretty green! Stayed up all night waiting for futures to do something (and playin mahjong) and was disappointed, solid range x-tension up on spx intraday. Considering that maybe /gc won't go down anymore and maybe I should just buy a little, interesting to note how poor the russel did 2day

to the anon who shilled me those FB calls yesterday, thank you, tendies everywhere

>>21904902
Oh okay, nevermind. It's just Antifa being fags again.

Digits

are you going to wait here until the futures open?

>>21904891
my strategy is to have a boomer account and a zoomer account

I buy and hold good companies in my boomer account, and I trade pennystocks, leveraged ETFs and EV memes in my zoomer account

Right now my zoomer account is like 60% cash because I want to buy the Powell dip

>>21904908
based

>>21904936
I only have 10% cash, sold FNGU today, might buy TQQQ if it dips

>>21904933
i've been checking TQQQ like 10 times an hour during work, thank god afterhours is only until 8PM

Is it too late to buy Alibaba?

>>21904915
I made $30 today :)

>>21904915
Up 1.27% in my TFSA boomer account, gains across the board in everything but defense (as usual lol)

Wealthsimple's graph is broken again so I had to calculate my zoomer account by hand, but that isn't exactly hard because it's all in cash and HQU right now. Up 1.4% including cash, 4% excluding it.

>>21904994
I bought 10 shares today, but I already had 30 before.

first on torchlight

>>21905007
I admire the balls but did you seriously hold this shit overnight? You could easily lose it all by open.

>>21904872
So Joggers are chimping out and threatening people's lives, cops are under enormous amounts of pressure and told to stand down, so this kid takes a couple out in self defense and it's like he's the bad guy? What about the fucking joggers chimping out burning down buildings and beating the shit out of people? Nobody cares? Fuck niggers.

>>21905007
i dont know how I feel about that close of an expiry date my dude

REMINDER THAT EVERY DAY YOU DON'T BUY CARRIER IS A DAY IT GOES UP

>>21904915
American or Chinese mahjong?

I scratched away a little bit of my losses today

Hey smg frens

Looking for a new state or country to live in, I know SMGbros are bullish on Utah and Idaho. I don’t know shit about them besides the Mormons and SLC Punk.

what states have places to live that are reasonably priced and not demographically riot sensitive?

Ideally neither strongly red or blue. I’m sick of dealing with these people.

>>21904891
I tried buying in as a drop happens also but often my first buy or two takes a while to recover and that locks up margin.

I alternate with different markets if there's crabbing between a dip and ATH I my most frequent/favourite shares, there's a dip to buy somewhere.

Still trying to figure out how to handle NVIDIA because the bell time is not always convenient for me.

>>21904891
My strategy is I'm all in on leveraged tech ETFs. While the shares are appreciating I've been selling covered calls way out of the money to get some cash flow. When the market goes on a confirmed dip, i.e., we fly under a few certain moving averages, I will sell out of everything. When the leveraged ETFs drop 50% or more I'll start buying back in with LEAPs calls. If it doesn't dip more and turns around back above those moving averages I'll buy the shares back.
Wash rinse repeat until multi-millions
>>21905105
The media is pushing a narrative. Normal people care. You'll see in November

MARKETS ARE CLOSED POST SFW CUNNY

I made a decent % off of the NIO and NAK pumps

not sure when to secure it but I might ride it out aftermarket

too bad im still a broke anon my cap is too low to make any actual money

>>21905054
I sold right before closing. In general, my strategy for TQQQ calls are to buy them within the first hour or two of the day (to see if there's a minor dip) and then to sell it EoD if it doesn't hit a certain percentage.

Percentage depends but generally I'd like for it to go high enough that it'd still be green even with decay. I'd still probably sell the next day to refresh them though, but it depends.

>>21904902
I'm pretty sure he doesn't even live in the state

>>21905139
What is cunny

>>21905147

>>21905147

>>21905147

New thread with title

New thread with title

>>21904797
> tfw I've been watching RUN and SPWR run up for two weeks and I still haven't bought any

>saw TQQQ doing well yesterday
>said to myself I'll buy the very reliable lunch dip today
>check
>just went up the entire day by massive amounts
Missed out on almost $2,000 gains in what I was going to put in.

>>21905110
Already priced in and buying the dip tomorrow also waiting for the HON pump

>>21904915
Up 0.88%

Absolutely raped by RKT.
My oil stocks are taking a beating too.

>>21904744
just hit 5x5 deadlift, squat, OP feels good bro 15 min of steps as well

>>21904862
you do know that murder is a crime pretty much regardless of circumstances right

>>21905105
One of the guy's attackers had a glock :o
It's gonna be a complicated case though because the shooter crossed state lines with his rifle to be there, I guess that's illegal in Wisconsin (shouldn't be)
>>21905120
Uhh "Riichi Mahjong"? It's whatever mahjong soul is, I've gotten pretty good actually almost out of bronze rank! Utah is great (we're full), but slc has gotten a lot more expensive and changed a lot in the last 5 years. Still very peaceful though, even back in June at the height of the riots. SLC Punk is very authentic, I've been to probably 70% of the locations where it was filmed. If you talk to enough junkies/homeless/crust punks here you can find multiple people who claim Heroin Bob was a real person, albeit his story was dramatized for the movie

>>21905255
Keep in mind that I am NOT condoning murder at all. Both sides were poking at a hornet's nest. What happened is super unfortunate but it's not surprising at all.

>>21904908
>>21905139
>>21904964
Based
But that word is forbidden.

>>21905218
What in the absolute fuck? You homos cheer the gain of fucking 0.88%. Scam coins are pulling 10x even 100x and you are investing in a rigged boomer market. NGMI.

>>21905255
>and arson isn't
If cops won't do their job, armed vigilantes will. BLM is unironically going to revive KKK street patrols.

>>21904915
-4% after a good day yesterday. Knew this would happen.

>>21904821
it wont

say her name or we limit down tomorrow

>>21904915
Hey, alright, I was busy this afternoon and thought I missed you. Comfy +1.22% today! WCLD was /doingthangs/ which was nice since I was starting to lose patience with it. I finally dumped that boomer trash JPM so now I'm sitting on a little bit of cash. Trying to decide between buying a dip tomorrow or just throwing it into QQQ and using it to buy Palantir when they do their IPO. Very interested in JPOW's speech tomorrow, can't wait to hear what he has to say.

>>21905232
How much do you pull

>>21905489
>ms. harambe may you rest in peace

>>21905489
Labraappa

>>21905120
Nevada might be pretty good for you.

thanks for the responses guys.

>>21905138
are you the TQQQ anon? interesting either way. im still afraid of leveraged ETF's and prefer owning actual stock of companies, but i share the view of being extremely bullish on tech and semiconductors for the foreseeable future to i hope you make it. can you get into more specifics? how far OTM are we talking and how much do you make from it over what timeframe? do you have any sort of a stop loss or point where you cut your losses, or is this a "i'll hold as long as i need to and keep buying the dip no matter how far the dip is" sort of thing? what MA's do you use, just 20/50/200 EMA or anything different? have you ever had any big losses so far?

>>21905133
>locks up margin

i don't trade on margin besides day trading, to each his own. still, i think a lot of people agree here that stock choice is the paramount thing, i like the NVDA choice. i like AMD a lot myself. i told my brother to sell before tomorrow with JPow and he came out with around 6k profit after buying in at $77, hoping it dips hard so he can buy back in just like im doing with AAPL and TSLA. NVDA is great but it's expensive compared to AMD so idk, i plan on buying the big navi shit for my graphics card later this year even. i'd go all-in on a NVDA split.

>>21904936

how's the penny stock shenanigans going? how do you handle the risk and reward on that? i remember you talking about boomer/zoomer accounts in earlier threads, do you just buy penny stocks shilled on /smg/ or anything else? how is your zoomer portfolio doing compared to your boomer portfolio so far? i've got around 60k so far so im looking more into dumping into good stocks rather than risking on penny stocks right now with my strat. it's a load off of my mind when drops on a good stock like AMD just mean more buying opportunities for me rather than stressing that it might die or something. usually when i deal with penny stocks i just use much smaller position sizes ("i'll throw in $1-2k)

>>21904915
cashed out $3k today on AAPL and TSLA with $30k invested, so 10%. feels good. currently drinking yellow tail and eating spaghetti and meatballs my mother made. still living with my family but me, my brother, and my father have a total income of over $300k/year, it's pretty fucking sweet being in the electrical engineering field. gonna get a nice inheritance some day on top of trading stocks.

living the fucking life, dude. many money managers are doing great if they make 10% in a year, i did it in a fucking week. thanks AAPL thanks TSLA please drop like a rock tomorrow.

>>21904915
+1.95% today. 99% sure that tomorrow morning is the time to cash out everything.

>>21904915
>Stayed up all night waiting for futures to do something (and playin mahjong) and was disappointed

can we get a /smg/-approved computer games list going? im big into heat signature right now, im also into MTGA when new sets come out but the meta always inevitably becomes stale. i also enjoy rocket league for competitive multiplayer shit and have been trying to get into pillars of eternity and hallow knight for single player shit. Hades is also amazing, i love roguelikes in general. i put over 2k hours into dark souls 3 invasions but im waiting on elden ring for more invasions, i can't play DS3 anymore i did everything.

>>21904915
Ding ding ding bro, why do you always post chilis? I’ve been wondering for like six months. Up 1% today btw, very comfy gains but expecting a drawdown any day now.

>>21905791
>are you the TQQQ anon?
Probably a different anon here. I'm mostly in SOXL with some TECL and TQQQ
>can you get into more specifics? how far OTM are we talking and how much do you make from it over what timeframe?
I sell monthly calls at the beginning of every cycle. I start by having an idea of where I would be willing to sell my shares, e.g., if SOXL went to 400 by September 18th I would happily sell as that's $150 above where it is now. I have over a thousand shares so I start by selling 3 calls $50 out of the money. If the price moves up enough that those 3 calls are ITM, I buy them back and sell 5 calls further OTM, probably with a $350 strike price. If those get breached, I buy them back and sell at the $400 strike price and let things play out. I usually make 3k or so each month with this strategy moving stuff around though I'm dialing in the strike prices and could make as much as 10k pretty easily with a little more risk.
>do you have any sort of a stop loss or point where you cut your losses, or is this a "i'll hold as long as i need to and keep buying the dip no matter how far the dip is" sort of thing? what MA's do you use, just 20/50/200 EMA or anything different?
My stop loss is when/if SOXX (the SOXL underlying) goes under its 200 day SMA. When that happens I'll sell my SOXL and when SOXX emerges above its 200 day I'll buy back in. Should the market plunge and SOXL gets more than 50% under its 200 day I'll start buying those LEAPs.
>have you ever had any big losses so far?
Not so far. Only big wins

>>21905120
I live in SLC, it’s slowly filling up with trannies and undesirables. The rest of the state is great though, especially if you like the outdoors. I skied 120 days this year and expect at least that many next season as well.
That said, fuck off. We’re full.

>>21906260
That is I sell 10 calls at the $400 strike price. 3 then 5 then 10 that way premium keeps building even as I have to keep rolling up

>>21906041
I like wtg, but don't play it, it's crap :^)
SS13 is always nice. I play with /vg/ because it's unfortunately the best server right now. 8ch managed to have a god-tier perfect server but then everything went to shit, sadly.
Otherwise I haven't been playing much of anything for a long time. Games nowadays just aren't worth the time to pirate.
Well, I guess you can include eve online for /smg/-themed games since there's fairly robust trading (except for the NPC-seeded assets and the real money -> isk).
Maybe also Entropia Universe, where everything runs of real world money. You can somewhat play for free and snowball into becoming rich, otherwise you might as well see the object of the game as being like trading, but with in-game actions being part of the market currency.

>>21906312
tbhwy i don't like playing games that resemble trading unless it's completely differentiated from real world money. if i wanted to trade real money i'd just trade stocks. honestly it's more just games you guys enjoy playing when you're not involved with stock shit, to unwind. I love rocket league for example and plan on getting back into it at some point, i've gotta buy a new controller though for my PC because my last one has been having problems with the thumbstick sticking when i push up.

>>21906429
>that feel when I haven't played a game I've wanted to in 6 years
Fuck, once I get back into gaming it'll take me forever to go through my backlog

>>21906503
i know that feel too. i have so many games on steam i've picked up on sale that i have yet to go through. covid pandemic has been great for that to be fair.

>>21905255
You know that kicking someone in the head is assualt with a deadly weapon warranting a deadly weapon back right?

>>21906561
It's not like I wanted to stop, but I moved to a different country and don't really have a PC powerful enough to run anything even relatively recent. When I moved I realized I had to make it so I can do stuff I enjoy instead of worrying if I have enough money to pay my expenses. I can feel the pull every day but the money I make now and in the future is what keeps me going.

>>21906041
I play through Half Life 2 on hard at least once a week. I could probably do it with my eyes closed since it's the only game I like and the only game I play. Helps me unwind blasting head crabs

>>21907145
From today's episode, hmm that looks familiar......

>>21907544
Makes me want to go fuck Dr. Breen up one more time

Should I just stay out of TQQQ until after Jpow fucks everything up tomorrow?

>>21907646
Don't hide just buy

R8. I'm buying into TQQQ next time it dips

>>21908705
Garbage except TSLA/AAPL (assuming that's not a long hold, AAPL being fine but dunno about TSLA. that's a very large position for your folio).
FHLC, PLUG, NNOX, SPY is garbage-tier.