/biz/ - Business & Finance

what do I buy

>>23187654
how do i stop losing thousands of dollars on options and start making money instead?

>>23187674
Buy and hold SPY and ETFs for 10 years.

holding bags is easy, you get used to it fast.

But selling something before it moons... That hurts every day of your life. It consumes you

GO TO BED

If we get another stimulus check somehow I'm putting it all in GME like the dummy I am and no one can stop me!

First for anime and hololive!

Pretty sure Monday is going to be a blood bath.

I just set up a limit buy for TQQQ @
$ 120 and not even going to look at my account desu.

>>23187699
Stimulus coming after Election Day

>>23187707
This is l-lewd! バーカ!

How much have you made total after all the time in the market. Be honest.
42% here around 8% a year if you don't count lucky option gambles that boosted my portfolio a little.

>>23187696
No smoking

>watching drunpf last speech
>all ads are israeli

Bros, what did jewtube mean by this?

should i use a stop loss order for gme in case it does bad this week since faggot boomer analysts

>>23187786
what are you antisemetic or something?
I mean, that's ok if you are like this is a judgment free zone but, yknow, just sayin

>>23187707
I have to roll two short puts out. A small down day would probably profit me.

Shouldn't have rolled out my MA to 360 really, but it's one month out anyways. I got greedy again.

Should be fine. A small down day is actually good for me I guess.

>>23187750
Why not just buy QQQ then?
I make around 5/6% a month just writing options. It's ok desu.

I learned how to write options and make babby income. What are everyday tips you can give me?

Should I do nothing on green days? Next day might be green too and theta gains run away from me.
To improve premiums, I thought about making a watchlist of 50 tickers I like to sell puts on anything that's dumping. Good idea or should I stick to stocks with high IV even if they're way up?
How bad is it to get assigned? Calls have lower premiums than puts so you should avoid it, right?

>>23187840
I've lost more than i want to admit.

I'm 33, self employed and no pension plan. What's a decent way for me to start using the market to plan for retirement? EFTs?

>>23187654
Is wkhs going to get the contract next week.

>>23187786
The algorithm shows you what it thinks you want anon.

>>23187874
Choice 1:
SPY

Choice 2:
TQQQ

Choice 3:
TQQQ/TMF

Choice 4:
QYLD

>>23187874
far otm tesla calls
you retire the very next day or never at all

>>23187853
>Should I do nothing on green days? Next day might be green too and theta gains run away from me.
You always have an exit plan desu. When you close and what depends on what time is left, what value the stock has, potential for further movements, IV, etc.

That said on most green day's I'm doing shit all. On most red days I'm doing shit all.
I found the best and most stress free options strategy to be those where you can log off for two weeks and miss nothing.
>a watchlist of 50 tickers
I have a ticker of 15 stocks. I never have more than 5 or 6 at any time though
>How bad is it to get assigned?
Depends on your strategy.

I'm from the future.

On November 3rd, Donald Trump will become increasingly paranoid and go completely mad when voter count goes against his favor. He will not in the right frame of mind and be deaf due to complications from the COVID-19 virus.

November to January will be some of the most insane months in history. No one is safe, let me repeat, NO ONE IS SAFE.

I can't reveal any more details as these events need to occur in order to take the next step in humankind. If preventative measures are taken, it will trigger the doomsday scenario timeline.

Sell PLTR, TSLA, and any investments from China based companies if you're holding.

>>23187874
30% SPY
40% QQQ
10% US stocks you like
20% Chinese stocks (Alibaba, Tencent, Baidu, etc.)

Safe and with some China exposure and picking your own stocks for some personal flair.
It's also fine if you want to be boring and just buy SPY and QQQ. You do you.

>>23187931
Show positions fag.

>>23187931
This 5 get is for you future bro

Why is Cohen keeping his stake below 10%?

>>23187931
If I hold AMD will I make it?

R8 2-week portfolio

>>23187931
Palantir is meant to thrive in a dystopian future, fren.

Tesla is a pump and dump though

From the last thread, is TMF really a good investment?

I've never dealt with bonds before. Can someone explain it to me like I'm retarded in case I'm retarded, plz?

>>23188041
Bonds are good as hedges to stocks; they don't anticorrelate exactly but if stocks go down bonds like to go up, and vice versa.
Buying a 3x bond etf on its own? Kinda retarded desu.
Buying a mix of upro/tqq and tmf? Extremely based desu.
If you just want bonds alone, you're probably best going with TLT (the underlying tmf is based on).

>>23187983
Biggest problem AMD has is being reliant on TSMC. Everybody wants TSMC wafers and they have become so expensive that I imagine AMD is very supply contrained and it might even be why Zen3 had prices hiked even for six-core. I have a decent chunk of AMD stock and am thinking about selling it and putting it in TSM instead.

>>23187786
Why do you have ads on your phone anon?

If I invest 50k in S&P and 50k in QQQ tomorrow, how much can I realistically expect to have in 10 years?

>>23187980
Because he’s tickling everyone’s balls, knowing that the slightest touch would instantly shoot millions of loads in the world.

>>23188386
You're buying at the top of a parabolic run before a major volatile event and the housing moratorium is ending soon.

>>23188386
$100,001.69

>>23187690
i dont have the capital for that to make me any decent profit before im 100 years old

>>23188386
Nobody knows.
Somewhere between 350k and 500k

Is a 4 day old Tesla catching fire bearish or bullish for monday?

>>23188837
Tesla is fire bro yooo I'm telling you
Bullish af for TSLA.

>>23187690
Why not VOO or IVV? They have a lower operating cost of just 0.03%

>>23187896
>>23187955

>>23188994
for s&p 500 etf

>>23187654
For Europoors who wanna start trading, I have a referral for Trading 212, a platform with 0 fees whatsoever (including fee-less currency conversion) that supports all American stocks/funds.

If you register with this, and deposit just 1 $/€/£, you will get a free stock worth up to 100 $/€/£.

www.trading212.com/invite/GcH1TZPM

>>23189007
The difference is minimal and not worth thinking about. Should Anon every try to do options he also has a great start with SPY.
Im not saying any of them, just saying it's not something I would concern myself with
>>23189022
Use a real broker like Tastyworks or IBKR that offers options desu

>>23188061
Doesn´t it also depend on the monetary policy? Bonds are better in a deflationary setup because prices go up while they lose value in an inflationary setup.

Nonetheless might not be a bad idea to invest 5-10% in bonds

>>23187654
DOOOOT

realistically whats a good career path to make it?

>>23187690
WhO THE FUCK IS SHE!!!!!!

>>23189199
I'm trying to become a pilot right now.
Imagine the gains of gambling entire paychecks on weeklies while working in Dubai.

>>23189200
It doesnt matter bro. None of them matter.

>>23189199
programming always pays well, but 99% of people aren't autistic enough to enjoy it. Being a tradie also pays well but ruins your body. I'd say IT in general is solid ATM, corona moved a bunch of boring office meetings into zoom and shit, so there's gonna be vacancies for cybersec and helpdesk monkeys.
>>23189272
Now is an absolutely retardedly awful time to try to become a fucking pilot. No-one's hiring until corona fucks off and when it is gone, all the 10+ years of experience pilots are all gonna be competing to get "min wage" positions for months and months, if not years.

>>23189200
>she

>>23187786
Lmao where do you live that you get israeli ads?
>inb4 lebanon

>>23187931
>sell PLTR
Lmao nice try
>>23187786
It's algorithm results for what you've searched and what the mic has heard you say, it's not YT it's you

Frens, I think the stock market is pricing in the Biden's win. What stocks should I buy besides TSLA? NEE? Put 20% into China stocks?

Guys I'm a little rustled about PLTR.
I just learned that it wasn't an IPO but a "direct listing", basically allowing insiders and employees to dump their bags as soon as it went public. This circumstance seems to be public knowledge, yet there's plenty of bullish sentiment for the stock and it hasn't crashed. Why would anyone want to buy a stock that is dumped by insiders instantaneously? Isn't this a major red flag? How is this even legal? Has a company ever done this and succeeded in the long run? Even shitcoin scammers have the basic decency to wait a few weeks or months before they start dumping their bags. What the fuck is this?

I'm seriously thinking about selling my 250 shares for a small loss on Monday. This is my biggest meme stock position ever. Somebody tell me it's going to be okay.

>>23189428
>Allows insiders to dump as soon as it went public.
>Dumps, and then immediately goes back to initial price
>Thiel and karp still own a majority of their original share.

Yeah, I think we are going straight to the moon boys.

>>23189048
I just plan on long-term investing, and checking up on it like once a month without making any changes.
And I guess options/cfd stuff is for short term active trading.

I guess SPY can be better if you short term trade with options, as it has a lower spread because of higher turnover, but if you just wanna buy it, and hold for years, than the Vanguard/iShares/Invesco variants offer lower expense ratios.

>>23189428
>Companies that can't afford underwriting, don't want share dilution or are avoiding lockup periods often choose the direct listing process, a less-expensive option than an IPO. Without an intermediary, however, there is no safety net ensuring the shares sell.

https://www.investopedia.com/investing/difference-between-ipo-and-direct-listing/

I think the key here is "share dilution", unless there are MASSIVE selloffs from insiders I wouldn't worry

>>23187674
follow greg mannarino's newsletter.

>>23189428
If you'd held your capital unrealized for seventeen years, would you sell at least 20% as soon as there is such an option?

>>23187931
kek this guy wants to buy PLTR at 8$ sorry goy you will have to pay 9.95$ like me.

>>23189319
Its not the worst time if you are young. I have a friend flying for some Italian company, he said the used corona to fire all the old farts and kept the young guys.

Okay, so here's an idea that's been stuck in my mind. Imagine comparing portfolios that can consist of just two assets: an equity position (let's say SPY for example, but could be QQQ or really any other broad ETF) and cash. You can compare different ratios of these, and and up with a pretty direct trade-off between average return and maximum annual drawdown. That is:
>100% SPY - biggest return, biggest drawdown
>90% SPY, 10% cash - slightly lower return, but less drawdown
>80% SPY, 20% cash - etc.
On an averaged out, long-term basis, the gains from rebalancing the cash don't keep up with the lost gains from not holding 100% SPY, but do reduce single-year maximum drawdown and overall volatility. So the usual strategy is to start out with 100% SPY (again, using "SPY" as shorthand for "broad-based equity exposure") and gradually increasing your position in cash (or bonds, or other more stable assets) as you get closer to retirement. This let's you benefit from both the higher return of the equities while limiting the risk of a bad crash the year or two before you retire. This is essentially Basic Bitch Boomer Retirement 101.
(Con't)

>>23187931
I know its bullshit but fug I wish it wasnt.

>>23189419
Biden would probably be better for the stock market. It's going to be spending like you've never seen before.

>>23189579
Congrats, buddy. Now you can leave this board forever and start making money

https://www.bloomberg.com/news/articles/2020-09-15/big-investors-are-dying-to-know-what-the-little-guys-are-doing

How long until Wall Street reads /smg/ to double fuck us over? Is it already happening?

>>23189579
(con't)
So, with the above as a given, is there a way to extend these gains beyond the "100% SPY" position? That is, can I have 110% SPY and -10% cash? This would theoretically give you even better average return, but with an even larger possible drawdown and even greater volatility. This can be accomplished using leverage. So instead of holding a small cash position as part of your portfolio, you instead buy some additional SPY on margin, trusting that the extra return from those equities is work the risk of larger drawdown (and the added cost of borrowing the margin, done that isn't free either). This extension of the Basic Bitch Boomer strategy is one of the observations of Modern Portfolio Theory, but it's limited in practice by the average retirees limited access to margin. So, in practice, the BBB Strat is still the most common, even along the limited number of people who take their retirement planning seriously.
(Con't)

>>23187840
so you are making 60% a year... are you kidding me?

>>23189745
To all WSJews that are reading this FUCK NIGGERS FUCK JEWS ISRAEL IS ILLEGITIMATE STATE may the black swan liquidate your funds

>>23189579
So whats been on your mind is the most advocated, vanilla, and lowest risk financial advice given since the stock market was invented?
Fuck SPY btw. I used to buy into Vanguard index investing and all that bullshit. Fuck me man. I didn't know TQQQ was a thing. I didn't know FNGU was a thing. The amount of money I would have had if I had just bought TQQQ since 2014 instead of boomer index funds makes me uncomfortable to think about. You niggers wasting your time with retarded stock picks are burning so much opportunity cost you have no idea.

>>23189761
Yeah nigger it's TQQQ which is just nasdaq with leverage, and guess what? You can get a loan to buy even more of that and leverage your leverage.

>>23189791
Very based. But unfortunately, it won't stop them for shorting or squeezing whatever memestock we shill here to fuck us.

>>23189419
I don´t think so.. stock market priced in stimulus from both sides. Next week might be a bloodbath if they don´t continue with the stimulus talks

>>23189864
>Next week might be a bloodbath if they don´t continue with the stimulus talks
I'm thinking about going cash monday for this reason. hmmm.

Keeping my gme tho. Thats one bag I'll never sell.

Realisticly how long will it take for shares in Aston Martin to recover since it crashed? Investing is practically a sure fire profit, just thinking of how long I'll be holding...

>>23189864
there will be a huge unstoppable second corona wave

>>23189895
Lost

>>23189908
School is back and no one is dying from rona. Its over.

>webull
https://hoodsite.com/woman-holding-baby-in-her-arms-gets-attacked-by-bull-in-china/

>>23189932
I'm not saying people are dying.. nobody dies from corona. It's a hoax.. gotta sell those testing kits and vaccines tho..

>>23189864
I doubt it. Any change to the stock market that occurs with a tweet is noise not signal.
If it dips, it dips, whatever but it won't be a crash.

>>23189761
(Con't)
There's another option, though: we can gain effective leverage through the use of options. Specifically, let's imagine using long-dated SPY calls (usually referred to as LEAPS). You can pretty easily get a LEAP with 5x-10x effective leverage.

Let's then compare two portfolios:
>Portfolio A - 100% SPY
>Portfolio B - 80% cash, 20% LEAPS (5x effective leverage)
These two portfolios should have approximately the same upside, since the LEAPS appreciate by roughly 5x whatever SPY does. On the downside, the most that Portfolio B can lose is 20% (the calls expire worthless), whereas Portfolio A could theoretically crash down below 20%.
In addition, in the event of a crash, Portfolio B has a significant amount of undeployed capital - 80% cash. So Portfolio B, even after watching their 20% LEAPS position turn worthless overnight, can turn around and immediately rebalance with their can reserves. Portfolio A, being entirely invested in SPY, has no free cash with which to rebalance, so all they can do is wait for the markets to recover.
Now, obviously, LEAPS are not 'free' leverage - you have to pay the time decay, the spread (which can be significant on longer-dated options), etc. When rebuying right after a crash, you're also probably buying at high volatility, so volatility crush can hurt you there, too. But in theory, I think there could be advantages to this strategy.

>>23189932
People (read: retards) in Germany are already starting to hoard again.

I'm a n00b with the stock market I would gladly appreciate your help. If a company is from a country witch have no tax agreement with yours you may have to pay doble imposition on dividends. My question is, where a company is from, from the country witch it has the main office or the country where is exchanged. So if I buy a company from some shithole country but that is exchanged in Frankfurt, do I have to worry about doble imposition?

>>23189934
bullish
monday confirmed green

THE MADMAN IS CRASHING THE MARKET AGAIN
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL

here is the rundown for stocks tomorrow in case you are wondering

>futures slightly up at night, crab down a bit, then crab up again
>FUTURES BLOOD GREEN an hour before cash session starts
>then green line go up further until close

>>23190088
it isn't that simple
it depends on the specific combination of countries and what there mutual agreements for those tax cases are

also it doesn't matter WHERE you bought the stock at all. only where it's registered.

>>23190022
There is an ETF that pursues this strategy: SWAN. As the name implies, its goal is to cap maximum loss in the event of a black swan event. It holds 10% ITM SPY LEAPS and 90% treasuries.

>>23189518
9.50 robinchad

How tf do market's respond so quickly to new market news? I know people say things like "bots" but there's no way that an AI can correctly read a trump tweet and react accordingly.

Are you telling me that there's a dude in wall st. in charge of reading all of trumps tweets 24/7 so he can sell or buy when needed?

>>23190260
AI is smarter than you

>>23190260
Yes there is and that's what they do. No, there are bots that scrape news articles from Bloomberg, and probably Trump's and other market movers' twitters and make action based on the headlines / tweets.

>>23190186
thanks, taxes are a headache

>>23188077
add that on top of the fact that TSM yields are so damn good that the chiplet approach doesn't really make sense anymore
made a lot of sense in cutting costs with wafers from GlobalFoundries (wafers with a bunch of imperfections could still be very usable), but TSM is practically perfect that whole-wafer chips are reasonable on 7nm, and their yields on 5nm are even BETTER

AMD goes beyond just their chiplet design obviously, but a good chunk of their advantage (bang-for-buck) is disappearing. I don't expect Intel to make a comeback until late 2021, but there's definitely reasonable chance for Intel to do that.. because they also booked orders with TSM recently

tl;dr BUY MORE TSM, we loved it back in June, we love it even more now

>>23190298
And much, much, faster

>>23187840
>5/6% a month writing options
Are you leveraged out the ass?
No way you make this covered.

>>23190260
The AI can't comprehend what is being said, but it can identify words that correlate with negative/positive sentiment and then weigh them in context to historic data in order to "appraise" tweets and articles. It can do this and react to it within the fraction of a second.
We already live in a distopia anon, do try to keep up.

>>23190223
>5.55% portfolio

>>23190212
Interesting, I'll look into that. I was curious because, while I've seen margin discussed in the context of long-term investing, the conversation on using options in that context seems to lag behind.

>>23189272
>I'm trying to become a pilot right now.
wow such awful timing, my condolences

be honest /smg/

can i make it investing $500/mo

>>23190440
You'd make more money by just getting a better job. Why don't you unironically invest in yourself so you can invest more than $500 a month which is nothing.

>>23190260
>>23190376
>Are you telling me that there's a dude in wall st. in charge of reading all of trumps tweets 24/7 so he can sell or buy when needed?

unironically yes, much cheaper than setting up a sentiment-reading neural network with a 20% fail rate

which sectors are going to pump depending on who gets into the white house?

>>23190456
Got bills to pay + low wages in east europe.

>>23190440
that's $6k/yearly, not fast, but pretty good for slowly building up wealth, especially if you keep doing at least +100% annually with /smg/

>>23190524
500 USD is a lot in eastern europe, relatively speaking. You'll be fine because your gains will also be relative. Just buy TQQQ or FNGU bro

>>23190515
Airlines and oil are pumping no matter who gets in. we are at historic lows

>>23190440
Yes, absolutely, as long as you mean "making it" in the traditional sense of "working a long career and retiring comfortably."

$500/month is a great place to start, because it's enough to max out your IRA (Roth probably makes sense for you). $500/month puts you ahead of 90% of your peers. $500/month means that you already have your emergency fund set, so you won't be wiped out by a job loss or car expenses. You're on your way, anon.

>>23190515
market gaps up after the election no matter who wins to punish the nervous nellies that get out prior to the event

I'm going to ignore my Gf all day
We're both trannies but I'm pretty sick of her desu

>>23190664
Dubs and you kys

>>23190664
>her

>Trump loses election
>Throws a temper tantrum
>Declares war on china
>Has kamala and biden publicly executed

All in on PLTR bros, 2020 isnt over

>>23190664
Consider yourself one of the lucky 59%

>>23190673
Statistically, it's more like "odds and you kys."

>>23190673
>>23190677
>>23190664
CHEcK 'EM TRANNIE. TIME TO JOIN THE OTHER 47%

>>23190577
>we are at historic lows
yeah because they're set to have ass ravaging cashburn for another 2 years

>>23190673
>>23190677
I'm a girl also
Honestly hate humanity

>>23190407
I would also add that this is one implementation of a broader "Barbell Strategy" portfolio. In this strategy you will have 10% in high risk investments and 90% in very low risk investments with nothing in between. The idea, according to Nassim Taleb, is to capture a possible positive black swan with the high risk 10% in, for example, options or startups to generating massive potential profits, while the 90% in safe bonds defends against negative black swans.

>>23190724
His reasoning being that the distribution of events is 'fat-tailed' rather than normal, and therefore the risk/reward for extremely unlikely events is underestimated by the market?

>>23190688
As a statistician, I fucking like this post.
Also nice dubs, guess the tranny has to do the needful after all

>>23190515
Holy shit I remember that Pic from back then. I'm not on my PC right now, but I wonder how true/wrong that anon was.

>>23190688
holy based

optionsbros, can you explain something to me?

what happens if i own a call option for $12 on a stock, and hold it all the way until expiration on friday, and the stock closes at $12.02? im trying to understand how killing options works vs. why people would hold until close on the day of expiration? (im backtesting OI walls and max pain this weekend). on GME for example this is what happened, im wondering what happened money-wise for all of those 12c contracts? also does price dipping under 12 in AH mean anything? they dumped it down to 11.75.

>>23190786
Yea. But the major shortcoming of this approach is that high risk choices for the 10% part can quickly wipe that portion out. Its very possible that the high risk portion keeps suffering losses while you are trying to chase the rare black swan.

i wish trannies would get properly diagnosed as mentally ill and treated accordingly, they would be able to live good lives.

instead they use them to push the SJW agenda, and enable them to cut off their dicks and inject estrogen as a man. it's sickening DESU. but you can't blame the victims here

>friend who got me into stock market so hesistant to make money now
told him to look into TSM, told him to look into GME, told him to even look at BBBY and DDS. He thinks im a god because i dont tell him i just leeched from GME smart money in seekingalpha like the rest of /smg/, but now he's just sore since he almost FOMO'd into GME at $7 (after the Q2 dip)

he's so hesitant now because he lost -20% FOMOing into oil in fucking June, and he never really understood to look at fundamentals with his retard trades after so long
probably because he makes like double what I make lol so i guess he focuses more on work while I have to tryhard

Just discovered QUAL etf. Looks pretty good what’s the catch

>>23191032
Forgot pic

>>23189902
I bought some in the hope that four good things happening within a short period (new management, Vettel, SUV and Bond movie) would pump it a bit. I still think it will go, but you're probably looking at next summer.

>>23191032
indardresding. like the positions
however, seems to be literally the same performance as spy probably because it is 90% spy

Should I be scared of the huge bull run the last few days? We had one before dotcom bubble, march's crash, and the last dip in september.

Should I start selling some stuff for now?

>>23190678
PLTR unironically is going to moon like crazy

>>23190919
I mean, in theory, if you hold an option past expiration, it's worthless, whether it was in the money or not. In practice, your broker should have a policy of either automatically selling your option at the last minute (to a market maker who will then exercise it) or executing it on your behalf (if you have enough funds in your account). In those cases, you'll either be credited $2 (the intrinsic value of your $12 call when the stock closes at $12.02), or you'll automatically buy 100 shares at $12 that you could then turn around and sell for $12.02. It's true, though, that if you exercise the option and then the price dumps in AH, you could end up losing money.

I heard a horror story about a guy who bought 5 $1 put credit spreads on TSLA, figuring his maximum risk was $500. The stock closes in his range and then dumps like $50 AH, so his short put exercises (sticking him with buying 500 shares) but his long put expires worthless before he can exercise it, so instead of limiting himself to losing $500 on the spread, he loses the whole drop - $50*500 shares, for $25,000 total. Not having that in his account, his broker liquidates him.

>>23191202
It will take awhile

So why would AMC go up anytime soon? What's the bull argument?

>>23191250
small number will become big number

>>23191172
It probably will perform the same as spy but I like the quality factor. Heavier balance towards solid companies that get by SPY due to lower market cap, like Nike and Merck, plus you won’t be holding as many shit zombie companies than if you only held spy

>>23191280
Pretty much. Number go down big, maybe go up soon?

>>23191250
it used to be $7, and now it's $4

vaccine out in january will pump it for easy +50% for LOW RISK because they still have 6 months of liquidity left!!!

Got a few hundred sitting on the sidelines waiting for the next broad market dip... Add to my SWTSX fund.

>ST basedboi
>wants $100 a month for his pick up sticks screenshots
> notice 20-30 photo testimonials
dude has 200 members, no way 10%+ wrote photo reviews

https://www.honeystocks.com/testimonials

It pisses me off that he has any subsribers

>>23191198
I'd maybe take profits tomorrow if you're worried. I'm willing to bet things will be shaky through the end of the year but if stimulus is passed or even discussed favorably it's time to buy

Complete noob here. Can someone list the key things I should learn before investing?

>>23190881
alot of the donald picks did quite well, in particular us steel

>>23191404
Number down bad
Number up good
Buy more when number down
Options good

>>23188077
TSMC not trading way higher is a red flag for me. I should be poised to be extremely valuable and important but there's doubt keep new rounds of institutional money out. Same with activision. Definitely something to do with China and given taiwan is just a pimple on Xi's chin. I cant get behind any chink shit and they're way too close. There's something they don't like about TSMC and it's not apparent so I'm out. Maybe Apple can buy and relocate their operations

They should have let QCOM buy NXP and bring some more back.

>>23187654
lol

>>23191404
yes, learning how to google is key

>>23191404
You see this creature? He'll eat you alive.

>>23191207
damn. well i don't play options im mostly trying to see how reasonable it would be to try buying at/outside of the OI walls based on weekly options. stuff like AAPL or AMD where i don't mind bagholding as long as im sure they're going up eventually. im mostly trying to figure out why the stock price is often near max pain at the end of friday on most weeks and how i can take advantage of that.

news seems to be the main factor i need to keep in mind though. like there was a week with a pretty big dump which i think was probably when Trump got the kung flu, but of course it recovered so buying the dip was actually good there if you DCA'd. this was the past week of AAPL for example, with the max pain in the middle and the OI walls on the outside. note how it bounces perfectly off of the bottom where the highest amount of puts are, and kind of oscillates around max pain all week. it takes off a bit on friday but that's because of news ("Fortnite will remain out of aaple's app store ahead of trial, judge rules").

my idea is that each week i'd want to start a position at the lower OI wall and have powder ready to buy more at certain intervals with a decent amount of put contracts if it gets below there, and sell half at max pain. if i have to buy more, i'll sell half at the original entry point, then another half at max pain. maybe consider exiting fully at the end of the week if im in profit regardless, not sure yet. im still in the process of backtesting this though but it'd be nice if it works since it'd be relatively stress free to follow, just looking for anon's opinions while it is still weekend /smg/.

>>23191449
>>23191467
>>23191475
thanks. going to kms now.

>>23191404
Risk management
Exit strategies
Diversification
Don’t buy options until you understand exactly what they are

>>23191524
thanks will do.

>>23191404
Key things to learn:
>anyone asking you to pay them for their advice is scamming you
>anyone selling you their picks would be making more money just using the picks themselves, if they were worth anything
>/smg/ is occasionally right and occasionally wrong
>always do your own "due diligence" (research), don't trust the analysts
>If something just spiked, it's already too late to jump in. Never give in to the Fear Of Missing Out (FOMO)

>>23191557
you forgot one:
>only bet with money you can afford to lose. any bet should be at least 1:1 risk:reward at a bare minimum.

At what point do you consider a portfolio to be no longer poor?
https://www.strawpoll.me/21083957

>>23191202

AHHH MY LIFE SAVINGS. Why did I listen to /biz/, WHY

>>23190515
it's already happened. Green industries have risen, oil hasn't at all. the market full expects Biden

>>23191557
>>23191594
Great advice, thanks. What percentage of returns do you average per month?

>>23187923
Take this week for example. Let's say you had no contracts open and were all cash. Would you have sold any puts? We've been rocking hard green all week.

>>23187750
I'm at 10 percent since May I am however a degerate gambler who could lose a solid grand if we dont have a red day here soon also all in on 10 grand worth of NAK shares.

Just 7100 away from having a year's salary in the bank. Just 17,000 away from cracking 100,000 overall net worth. Slow and steady goes it.

>>23191450
you're worrying over a black swan event and it's unreasonable. Just don't go 100% TSM, that applies to any pick. China FUD is an opportunity to buy it cheap

if TSM actually gets fucked by China, the whole world gets fucked. That's literally WW3 because Taiwan is that important to the US. The only other black swan event would be a massive earthquake in Taiwan

AAPL, AMD, NVDA, QCOM, even INTC, etc. They all rely on TSMC and the 5nm plant in US won't be up until 2023, even then the cutting edge (2nm/3nm) will obviously stay in Taiwan. The only other competitor, Samsung, couldn't even fulfill QCOM's orders, their yields are that shit (for context, QCOM makes shit for samsung smartphones), the whole world relies on TSM for cutting edge chips

>>23191656
Yeah, 9/10 times you lose on FOMOing. I just did it once successfully with Kodak; the other times I lost money.

>>23189494
He honestly keeps saying the same things over and over again so much that i miss the little important nuggets he might actually say

im dropping out of college and chugging all my tuition money on NIO and CCL

Based or cringe?

>>23191594
Wrong.
You should bet far less than what "you can afford to lose". If new, about 0.05% of your account. If experienced, 0.5-1%.
1:1 RR is shit and should never be taken. Minimum 1:1.5 and that's assuming you have a proven track record with a win rate clearly above 50%. The exact RR value you should aim for is a function of win rate, but typically the higher your RR target, the lower your win rate will be so it's a balancing act that you master through statistical analysis of your results.

>>23191524
Diversification is a complete and utter meme. Risk management is key, exit strategies are part of risk management.

>>23191946
Based anon. College is a meme. If I had to do it all again, I would trade my college degree for a YOLO option on anything, including HERTZ.

>>23191979
if I get rich, ill be back. I only have 1.5 years left anyway. Also I might dual major in math too

>>23191946
im in uni and im using my corona bux to pay off my tuition (this is leafland though, it's only like $40k maple dollars so far and that includes completing undergrad) before I graduate

if not for /smg/ I wouldn't already be up more than +100% thanks to tech and now GME. I wasted like 1 month of opportunity cost into airliners, REITs, oil for awhile. I TOUCHED THEM ALL holy shit.

>>23191949
>If new, about 0.05% of your account. If experienced, 0.5-1%.
>>23191966
>Diversification is a complete and utter meme.

Nigga what?

zoomer here
Can my IRA contributions lower the income tax bracket I'm in? If for example I make 86k per year and I'm in the 24% bracket can I just tuck away 6k per year in an IRA, reduce what I make to 80k and be placed in the 22% bracket?

>>23191946
I recommend you "formally" learn to trade profitably. It's a far better investment than college and takes far less time (1 year is enough to be pro-tier if you're consistent and stick to a valid plan).
Depends on what you wanted to go to college for though. If there's nothing in particular you want to do, that's fine. If you wanted to be an engineer and job prospects say you start at 100k out of college with a 90% placement rate, it's worth going to college while learning to trade simultaneously (you really only need 2 hours a day max).

>>23192014
What problem do you have with The Truth?

>>23191989
Best of luck, considering options on NIO myself.

>>23191799
buy the rumor sell the news is an important saying for a reason. generally if you FOMO you're basically buying the news when everyone else is selling the news, that's why it generally fails. you have to get into things early, and be willing to wait, that's the key. GME was like this recently. the people who made out like bandits on the AAPL/TSLA forward splits were in at least a week or two if not longer before the splits even happened, the ones who got bogged bought in after the split, some at the peak like pic related. the key will always be buying in early on the rumor, and selling at or before the event occurs, and probably selling half at some point in profit to protect yourself just in case. i sold half of my GME at 14.50 on the pump for example, it sucks it's coming down now but at least i got a nice profit from that which is sorta the point (if it goes up im still in with half, if it goes down at least i locked in profits).

just remember any time you want to make a play off of some news catalyst you want to get in early and be patient. many of us have been in GME since Q2 ER. if you wanted to play Kodak you should have bought in before any sort of pump occurred because you believed in the FA.

>>23192016
Traditional IRA, yes.
Roth IRA, no.

...Still go with Roth IRA anon. Taxes will be much more in the future.

>>23191656
>Returns per month
Perhaps disappointingly, I'm firmly in the Boomer category. I'm very pleased to make 20% a year, and if I can make that consistently I'm very happy to be able to retire in 10 years.

I tried to give advice that most of /smg/ would be able to agree with, though. I'm very much on the conservative side, and I can give you that advice too if you want to hear it. On the flip side, I can also just give you the advice that /smg/ would counter with:
>Buy TQQQ faggot

>>23192026
>What problem do you have with The Truth?
You are inconsistent

>>23192042
I'm thinking Amazon is going to split after upcoming earnings.

Amazon to 4000.

>>23192076
Oh no, it's retarded :(

>>23191979
College is a fucking joke. Now more than ever with the loads of people out of work. I didn't go to college. I turned out alright. Can retire in just 11 to 12 more years and get a pension (it's secure for life) and have a 401k plus my brokerage account to provide me income till the day I die. Also company picks up part of my medical costs once I retire as well. I'll be under age 50 when I retire to boot. (37 now)

>>23192079
they'd need to announce it first but if they ever did i'd put my life savings into that shit immediately. my only regret with AAPL/TSLA is that i didn't put in more money (i put in half my money though so a pretty good amount) and that i didn't get in sooner (i got in like 2 weeks before the split i think you could have gotten in a month or two before, don't remember when the announcement first came out)

>>23192042
>tsla
why do you even have that saved
that bagholder is going to bailed out soon, look at the retard strength on TSLA forming a wedge

>>23192079
AMZN will never split, Jeff Bezos literally despises poor people

>>23192110
because it's hilarious? also i can almost guarantee you that that bagholder panic sold for a loss at some point.

>>23192134
you underestimate bagholder retard strength and the sunken cost fallacy

t. was -40% bagholder on my first FOMO mistake before i broke even almost a year later

>>23192016
Yes with Traditional IRA

>>23192126
Based Bezos. Poor people don’t count

>>23192156
66% return in one year are pretty nice tho
Why would you be mad now you didn't sell low?
You should be mad you didn't buy more when it dropped

>>23192156
maybe, but dumb money is called dumb money for a reason. to be fair i have a similar story, my first trade was on SGMO which i sunk around $30k into eventually, held for 6 months with a 30% drawdown (US-China Trade War shit last summer), and luckily got out during ASH in december literally just before it tanked for a $1.5k profit. i bought the news during the summer where their drug was good, it was my first experience of "NEWS WAS GOOD WHY LINE GO DOWN???", but the good news is that it motivated me to learn everything i could about stock trading strategy while i waited and prayed. also im never trading biotech again in my life. i used to check out their investor village forum every fucking day it was awful.

>>23189419
>Frens, I think the stock market is pricing in the Biden's win.
This can't be true because NAK is still above $1.00.

>>23192100
I agree man, college is a scam. The only exception is trade school. That's it.

I'll retire @ 53 myself (31 now). Wish I was in your shoes though.

>>23192107
>>23192126
I don't know man, Bezos might hate poor people, but I know for a fact he despises Musk. Keeps copying off his ideas.

I'm still going to speculate. No way to lose when investing in Amazon anyways. Especially prior to earnings.

also while we're on the subject of biotechs:
https://www.youtube.com/watch?v=x_m17JxTIaE
>‘I felt good immediately’: Trump praises Regeneron cocktail as COVID-19 ‘cure’
>US President Donald Trump says the experimental antibody cocktail from Regeneron he took as part of his COVID-19 treatment was a “cure” not a “therapeutic”.

should i be going all-in on REGN?

>>23189745
Oh no bros they'll find our underground GME meetings.

>>23192273
LMAO, no. Retail traders have so little effect on the stock market.

Only time they do is maybe penny stocks. BS article.

>>23192273
>>23192313

Honestly this is the new trade, a smart hedgefund/bank front runs a short squeeze to fuck over dumber hedgefunds and blames retail traders in the process.

>>23189745
>Big dick institutional investor
>tell new intern to do research into what all the young hip kids are doing on the world wide interwebs
>intern comes back with his report
>half of his report is blacked out
>demand an explanation
>half of the text was the words 'nigger' and 'faggot' sir

>>23192257
REGN on the hourly looks retard-strong
>gap up
>goes back down
>consolidates
>strength-confirming turnaround bars
Buy as it hits $605, stop loss $592.6. First target $616.9, second target $632.3, last target $658.4.

>>23189518
>>23190223
Dam I was waiting for PLTR to dip below 9.00, but it's not looking too likely.

Anyone got a good options strategy resource? I lost money immediately on the my first options trade. It went negative the second I bought it like wtf. Is this shit a scam like everyone says?

>>23192016
what >>23192052 said, 2% isn’t a big deal and taxes will go up. Also when you retire it’ll just be nice that the number in your roth is the number you get to keep.

>>23192386
LMAO!!!

>>23190663
This desu. Those "I'm pulling out until after the election" people are fools. The market will go up just based on uncertainty being removed alone.

God damn ICLN has been an amazing long play
Idk why you faggots aren't talking about it

WHAT IS THIS NIGGER BLM SHIT ON BLOOMBERG TV?!

Why is TQQQ considered a bad long term hold? Let's say I would DCA it and hold for 10+ years. What's the catch?

>>23192397
sell options instead of buying them, be careful though

>>23192439
volatility cuts into profits. over periods of bullish volatility it ends up not being much better than qqq, with triple the risk

>>23192397
Even if the stock does absolutely nothing the option will bleed down on theta decay after you buy it.

>>23192483
Imagine unironically being that retarded, even when historical and simulated data are available publicly anywhere.

How to get invited to investor meetings?

>>23192439
TQQQ is best when markets are boring.

However as a long term hold, it's still one of the best...if not THE best.

Combine it with TMF and you'll do well enough.

>>23192541
invest a lot

>>23192433
I've been holding it for a while and plan to add some more before the election.
If Biden wins it's going to moon, and if Trump wins, it might dip a bit but will probably still be up in the long run.

I'm just not 100% sure if ICLN is the best option when compared to TAN or PBW. TAN is solar only but up the most YTD, and PBW invests more broadly (e.g. also holds WKHS, NIO and TSLA).

>load up on Apple 10/16 and 10/23 115-117c during the 113 dip this week
>sell them all as soon as they go green because I’m a weak handed pus

Could be up almost 100% now going into iPhone event. Hate being like this but the market is such a fucking mess I don’t trust anything or my boy trump to not randomly tweet and fuck my world up

market has not priced in the second wave that hit this weekend. everything is shutting down again. hope you all went 100% cash before close friday.

>>23192512
TQQQ outperforms SOXL even though the underlying have performed similarly. It's valid but i guess not as significant as he implies given the bull market

>>23192565
Then why would anyone bother with qqq?

>>23192439
literally just start DCA'ing into QQQ whenever it gets to the 200 hour EMA and buy in intervals based on the ATR (i like 4x, 8x, etc), sell half at some amount of profit (say 4x ATR from the average share price), sell the other half if it ever gets to 12xATR above the 200.

easiest money you'll ever make. if you want added security, only do this when the 50 hour EMA is above the 200, but unless there is a covid-tier event, that probably isn't even an issue because it always recovers. even after the softbank shit dropped it, it has now recovered and is uptrending again, you just have to wait and keep selling half at some point of profit so you can then average down over and over until it starts uptrending again.

you can either cut your losses if the 50 crosses below the 200, OR, you can just use half of your money for DCA'ing under normal conditions, and if the SHTF like with covid, you still hodl but after your first half is used up, you wait until the VIX gets over 80. that's when you start DCA'ing in your other half (or even just put it all in at that point and forget about it). because that's roughly where the bottom of that once-in-a-decade event will likely occur.

literally every other time it works, even in end of the world scenarios like that or the 2008 financial crisis, if you hodl'd you'd still eventually make it, and those happen literally once in a decade, very infrequently. the rest of the time it works like a charm, backtest it if you don't believe me.

>>23192568
how much are we talking about here.

do companies reach out to the investor or do you have to call them?

>>23192596

Fuck your fag shit.

>Do I have any chance - put my life savings on GME and want to kill myself
Okay GME is all but confirmed to crab this week to make Redditor options expire worthless. Since the moon mission is rescheduled, we'll be able to buy more this week.

>>23192604

Like a lot a lot. You’ve got to be somewhat wealthy to have the funds available to invest enough to qualify for this shit

>>23192512
past performance does not guarantee future results
https://www.etf.com/sections/features-and-news/dont-buy-and-hold-leveraged-etfs?nopaging=1

>>23192126
This.

>>23192611
if the options have anything to say about it, it should crab between 8 and 10 theoretically. look at all those 1.50 puts though lmao

>>23192611
Won't the high interest in GME on reddit cause algos and hedgies observing them to buy in and pump it up?

>>23192611

Unless sentiment does a complete 180 you’re toast dude. GME was a big FUCK YOU rug-pull to retail investors. But now that I’ve given my worthless opinion it’ll pump to $15 to spite me

Should I get in on this, or is this peak South Sea company?

>>23192651
This is bullish for the week after though, no?

>>23192611
prob 30 million volume on Monday. who knows. I just hope $12 becomes new bottom. Not $11 or $10

>>23192651
Can you pull that chart for option 30dte and 60dte? The 30-60-90 date options are the ones hedgefunds play so they can manipulate game and vega.

>>23192604
no idea. Probably varies on how big the company is.

>>23192246
Look at the green energy. Also, if the stock market tanks some months before the election that usually means that the incumbent party will lose

>>23192663
GME will go to $20+

>>23192663
It's not me.
https://old.reddit.com/r/wallstreetbets/comments/j8loz1/do_i_have_any_chance_put_my_life_savings_on_gme/

>>23192663
It's a rug pull, but not for us

RIP retail shorts who jumped in recently

>>23192666
I can't decide myself either.. Apparently there's supposed to be a big contract announcement with the USPS Tuesday but nothing is for sure.. seems risky but might be good for another quick pop.. I can't decide but will probably go in.

>>23192669
this is for the week after, so theoretically yes. max pain is higher and most calls are in the 10-12 range with a decent amount around 15 as well.

>>23192679
i don't really know what dte means but if you can find it: http://maximum-pain.com/options/gme

>>23192679
https://swaggystocks.com/dashboard/options-max-pain/GME

>>23192666
Them getting the contract will pump the stock and the shorts being forced to cover will also pump the stock, and so will hype.

>>23192712
forgot pic

Will cruise lines ever come back? I want to own norwegian cause i believe they.are the best

>>23192604
>>23192621
Used to be any shareholder could show up. You only get that treatment at small caps now. You can call them up and talk to the CEO sometimes.

Are Shorters the scum of investing?

>>23192597
I don't think you read his post right. He said TQQQ does about as well as QQQ because TQQQ is more volatile.

Who here is still 100% GME?

>>23192611
Check'd and I see GME going to $9.50 this week.

>>23192754
They're more like cattle. We farm them and squeeze their milkers.

>>23192775
I'm expecting an over-correction down, maybe $8 or so

>>23192772
if you didn't sell at least half in the 14-15 area you're a fucking fool. honestly probably should have sold all of it, probably gonna get to buy back in at $8 this week.

>>23192772
I'm conflicted if I should buy the dip at open or wait for potentially another dip further down the line.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>23192787
If that happens just imagine the wojaks here on /gmeg/. I'll buy more.

Here to remind all my /smg/ frens to buy January SLV calls and mining stocks, metals are about to moon again, thank me later

>>23192791
What about those guys who sold at 11?

>>23192772
I have 250 shares of DPHC i got at 11.24
250 shares of WKHS at 5.06
and 103 shares of GME at 9.51

and I'm literally never selling any of these. Unfortunately I don't have much cash to trade with right now because I'm putting alot of it into some home renovations and various other assets until the end of the year.

Its been a pretty good year, frens, despite everything.

>>23192819
piggy

>>23192791
I thought it was going into TSLA/AAPL/ZM/SPI retard strength mode where it just keeps going and going and going. I actually bought back some covered calls at a loss because I was convinced that's what was happening and the other GME bros were going to be millionaires without me.

106% tute ownership

https://stocktwits.com/symbol/CLF

can we start a discord?

>>23192819
Any particular reason why silver over gold?

>>23192387
I disagree, to a certain extent. note the 200 hour EMA (red line). this is a very important line, note how often it is respected. the good news is that price has now successfully gotten above it and retested it successfully. it might be worth putting in a third or half position immediately, but i'd really like to get in around 586-587, and probably buy more around 555. taking half off around 615 does seem good though.

stop losses are a scam, i prefer to keep track of FA to decide if i need to cut my losses or not, invest in companies that have solid FA backing them and DCA into them at and below the 200 hour EMA.

>>23192600
Because we live in a society where people wear masks for a virus that has a 0.14% of killing you....

Take this week for example.
TQQQ went up 9%, QQQ went up 3%...

This month
TQQQ 13%, QQQ 5%

This year
TQQQ 130%, QQQ 50%

Number provide the proof.

>>23192739
RCL, Royal Caribbean is the Chad of the Cruise Lines. Norwegian is the worst of the 3.

>>23192843
What would you buy now, if you had cash. It seems like you make good choices.

>>23192772
I have 90 shares atm, if it drops below 10 ill double down and buy more.

I am in it until december

>>23192885
NIce try glowie

>>23192830
11 wasn't a massive pump on news like this was.

>>23192877
that's why you sell half and keep half, dumbass. it's called scaling out idk how many times i have to repost this video but i'll keep doing it idgaf: https://www.youtube.com/watch?v=tJBmVhefMeE

>>23192787
>Trading at less than book value after an announcement about years of increased cash flow
If this happens this is the easiest "buy the dip" opportunity you'll ever see.

>>23192908
now do the max drawdowns this year for tqqq vs qqq

>>23192937

>>23192886
SLV gives you better returns % wise.

All in on WKHS puts or kys. Shit goes to 5 when they don't get the contract

>>23192929
to be fair it's what the options OI walls imply: >>23192651

>>23192980
Just buy Oshkosh Calls instead of WKHS PUTS. Low risk, high reward.

>>23192919
I want to start accumulating a boomer tech etf or RDS.B for a very long term, reasonably safe play. However I would regularly sell parts of that position to go into /smg/ stocks that I believe are legit, and then buy back into the etf with gains made from the meme stocks (if I even decide to sell them).

>>23192602
you not even need watch EMA for this strat though >_<
you basically just saying "buy every dip nyahhh"

>>23192819
This is true - but if you do it now, you will get fucked. Wait for the market sell-off that is looming as stimulus talks have failed - market sell-off will drag down silver & gold with it (this week I think will be the week for it)
Once the market starts rebounding THEN buy SLV calls - if you do it before the sell-off that is needed you'll make much less, and have to suffer through 1-2 weeks of losing your ass

>>23192937
TQQQ vs QQQ

>>23192126
Fuck that's based

Should I even invest before the election?

is michael silva a meme or not

QQQ max drawdowns

>>23193039

NEW ! !! get fresh replies in!1

>>23193104

>>23193104


>>23193104


>>23193104


!!!!!!!! NEW

>>23193104

>>23193104

>>23192908
The ultimate rooms/areaa on new norwegian ships, the Haven, blows anything carnival has. We experienced it for ourselves. Please don't be poor

Are there actually retards that think GME will go to 9.50 after a revenue sharing deal with Gamerpass with MS when it was at 9.50 the day before that?
Has smg become this retarded?

>>23193011
My cynical tinfoil hat take:

Republicans control the government and the USPS.
Republicans hate anything that is liberal, green, or would make the USPS efficient or look good.
They could just as well choose the exact opposite of the best choice for the future of the USPS to kill the USPS and own the libs.
They will probably choose coal-powered vehicles produced by some company owned by Jared Kushner.

>>23193018
Here's the ultimate titan portfolio:

UPS
FEDEX
LIT
HOME DEPOT
LOWES

These stocks/etf's are impenetrable in red days, have dividends and are constantly growing.

I would go this route instead of Buffet shit.

>>23192900
Being close to the 200ema is cause for concern, but being away from it never means anything. Can literally take a year to go all the way back to it. The reason why I'm not suggesting to get in immediately is because it's merely consolidating. But if it goes above 605 or so, not only has it cleared a multi-retested resistance, there is no real resistance above until about $616.
If the 200EMA was above and was sitting at, say, 606, then there would be no entry for sure. But if it's below, we're good. In fact it's very bullish: the 200EMA is curling up, indicating a long-term uptrend is forming. On the daily, it's also above the 21EMA which it only recently pierced through on a gap up WITH VOLUME, which is also curling up into an uptrend.
It's pretty much perfect.
As for TA vs FA, I have had little success with FA so far, while I'm getting consistent results with TA.

>>23191404
Risk management/ position sizing. This can make all the difference in the world.

>>23192805

>>23193856
>I have had little success with FA so far
you really don't follow any financial news?

>there are people selling GME
only acceptable reason is scalping
i still have my 405 shares at 9.79, thursday didnt convince me to sell
ill be buying about 300 more shares throughout next week

I really only need GME to hit ~27 to make back my losses from biomemes earlier in the year. I hope it can make it there desu. I think it can.

>>23192885
Yeah, right after you go fuck yourself.

>>23192885
please rope yourself

>>23190688
>statistically its bla bla
Shut the fuck up you nerd

>>23187931
no dubs, confirmed faggotry

>>23191404
Figure out your goal and risk level. Once you know those look into investments that match that.

>>23189200

im sorry anon but thats a man

>>23190138

>>23189530
Exactly you retard, you’ll be competing with all those old farts with years more experience than you

>>23191756
lmao 10gs on nak