/biz/ - Business & Finance

evens the big bang reset does nothing
odds the big bang reset crashes the market
dubs I market sell my entire portfolio on Monday and go all in GME

what is the best day trading strategy and risk:reward, /smg/? or is day trading a meme that should ultimately just be avoided?

Come with me if u want to live

>>23340582
>big bang reset

what?

How are your 401ks doing? You want to see them crash? Vote for Sleepy Joe. Thank you God bless you get out and vote /smg/

>>23340594
If you want actual day trading, as in you literally close out positions every day, probably the best one you can do is:
>buy sqqq on open, sell on close
>buy tqqq on close, sell on open

NIO to the moon EOY

>>23340594
there is no best strategy because there is only so much liquidity on the market, if everyone did the same thing it would move the markets in the opposite direction

>>23340621
I liquidated my 401k to fulfill my margin calls from robinhood lol

Ahhhhhh some one talk me out of investing in a robotic fry chef!!!!

https://www.seedinvest.com/miso.robotics/series.c?utm_source=misolandingpage&utm_medium=branded

he's doing the dance moves again now xD

>>23340557
I started investing in June, I fucking missed out on the dip

>>23340643
holy shit, he whipd but didn't nae nae tho o_0

I’m afraid of dying anon... there is so much of human history I’ll never get to see

place yo bets

>>23340643
did i miss the REGN moon mission yet?

>>23340644
Dont worry there will be another one, just buy the same amount every month and u will profit.

>>23340643
He's still got it

>>23340657
already did, pic rel calendar spreads.
might open one for capital one ($COF) on monday too if the debit is low enough.

>>23340655
would you rather live until you're the only one left during the heat death of the universe?
can't win either way

>>23340625
i've considered this a few times, ngl it would have worked well if I had. Though I don't know why it should be this way

>>23340657
>place yo bets
>Netflix
>NEE
>Tesla
>American Airlines
>Southwest
>Sam Adams
>Amex
>IBM
>Navient
>Abbott
>ThermoFisher
Jesus fucking Christ. UVXY looking pretty cheap right now.

>>23340657
>>23340681
redpill me on playing earnings. i'd love it if there was some way to make money consistently from them since they happen with such regularity.

>>23340697
Eventually over a long enough time anything with a non zero probability of happening will happen so it's worth sticking around.

>>23340677
checked. love this lil nigga like you wouldn't believe.

>>23340644
>I started investing in June, I fucking missed out on the dip
there's always another opportunity you dumbass

in June, there was still a bunch of picks like FedEx, Tupperware, Bed Bath Beyond, Overstock, etc. Heck, all of tech was great in June

>>23340681
I have Tesla Puts, they are losing market share and they have to lower their prices. They might show a profit with their bullshit accounting, but I think their earnings won´t live up to expectations

>>23340655
I want to experience super advanced sexbots and have a few of my own, everything else is just.. whatever you know

>>23340716
literally just play vega strats.
calendars for swelling iv, condors for the iv crush.
you can go directional or neutral if you want, doesn't really matter.
if you're theta gang, you'd have already put in your positions about a month ago for these earnings

>>23340697
>would you rather live until you're the only one left during the heat death of the universe?

yeah. assuming i've got an unlimited supply of coffee, wine, weed, video games, the internet, and guitar strings.

>>23340762
is there any way to play them with just the underlying stock? i've never done options before and have no idea how any of that shit works. most i've gotten into with options is understanding max pain and OI walls to help determine where a good place to buy and where to take profits is.

>>23340697
100%, I'll go the lonely immortal route just to see the sights.

>>23340644
I started September 1st, fren. My account is only green because of GME and running the wheel on NAK.
Don't cry about a train that already left the station, catch the next one.

FUCKNIG GAMESTOP

>>23340784
I wouldn't know. I don't usually hold individual stock aside from spy/qyld, if even them at all.

Who /comfy/ tonight?

I'm a SBE bagholder, should I sell or will it continue to climb?

>>23340911
why do you have four (4) aquariums lol?

Markets should be open on Saturday also.
2 entire days without my fix is dangerously boring.
I try to keep writing my book but I find myself just repeating GME GME GME over and over again.
Picture is some $10 nostalgia

>>23340911
I actually have 6, besides the middle left one is a terrarium not an aquarium.

>>23340911
You have the house of a depressed wine aunt

>>23340643
Why are his clothes so oversized? did he lose weight?

>>23340971
jesus christ. are you my ex girlfriend by any chance?

>>23340937
Because there are a lot of different fish
>>23340975
:(

>>23340911
That looks fucken awesome fren.
I just hope it isn't too much work.

>>23340946
>So why did we want GME to end over $10?
kek

>>23340991
I have a penis so probably not, but if you're on 4chan chances are she might have had a penis too

>>23341005
That should have been where the shorts started paying up, but instead they decided to double down. Now we are at $13, kek.
These fuckers are insane, but they will break soon so whatever.

>>23340946
Good times.
I get my fix learning how to separate deep value from value traps.
The DENN puts I sold just expired worthless, it was a close one though. Look at the hour before close yesterday.

>>23340582
Dub=mooooooon

>>23340582
>not already all in GME
Never gonna make it

>>23340911
Wee-Bay?

>>23340582
E

>>23340911
You have an aquarium on the kirchen counter kek
This is an autistic fucking place

Hello everyone. Two years ago I shilled SQQQ heavily here and meme’d into existence. We were known as the SQQQuad. Things haven’t been so hot for me in 2020 however, please advise some reasonable stuff to get things off the ground for me. I’m aiming for a 20% return EOY. Thanks guys and keep it crispy

>>23340911
Insanely based

>>23341041
looolll isnt this max pain in action?

>>23340643
I love him one increment more now.

>>23340923
I would like to know this as well

>>23340643
I love this man

>>23340911
Checked (911 nice) and based Anon, living the dream

>>23341155
Actually I have two aquariums on my kitchen counter

btw where's the GME FUD posting
not being paid to work overtime this time?

>>23341277

>>23341277
based dub posting dub aquarium anon

WKHS
GME
NAK

*sip*

Yup

>>23341286
The entire global financial system could fucking vomit it's guts out this week. Your GME meme is small potatoes.

>>23341190
Seems like every ticker has the pinning the strike action if there's enough liquidity.
Max pain sounds conspiratorial to me, it's like an evil explanation for strike pinning.
Bullish for GME though so I'll take it!

>>23341286
They'll be back on Monday. On weekends they spend all their time shilling palantir.

>>23341165
TQQQ unironically

>>23341277
based fish anon

I blew up my account going all in GME 10/16 $11 puts. I just uninstalled robinhood and I’m never coming back to this place

>>23341339

I know, friend. I have looked at the % measures of how it went up by 400 percent since March lows I believe. I have been kicking myself none stop over it but I’m not jumping in now out of FOMO. TQQQ may be the answer but the time isn’t quite now. Thanks, king

>>23341277
What's in the aquariums?

>>23341354
See ya at the open

>>23341335
max pain is probably true because option buyers get what they fucking deserve, see >>23341354

>>23341354
Never ever try and short anything backed by meme energy. A president got elected by these means.

>>23341354
>tell him to buy the stock because it is over shorted
>he shorts the stock

>>23340657
Gonna laugh when He beats the earnings estimates by annalist. P.S - That yield hit over 7.6% friday!. The divvy is still a fat 0.52 x 4 to boot.

>>23341354
you would've been fine if you had gotten ITM puts instead tardo

>>23341354
This has been debunked.

>>23340657
Next week will be a bloodbath.
Bullish for GME

Need my fema money to buy more GME

>>23341428
T is gonna tank after earnings regardless.

Thoughts on HTZ? It's at $2.50 and I know it's trash, but do you think people will pump it up past $5? Maybe even $10?

I got about 2,000 shares of it when it was around $0.56 so it's fine for me regardless.

>>23341374
One has a betta fish in it and the other has blue cherry shrimp and ember tetras

I have an idea, what if we went through the whole Russell 2000 and looked for the 10 companies on it that have the best chances of becoming mega caps or getting bought out by a mega caps?

>>23341512
could squeeze to $3 but HTZ short sellers had all weekend to do their DD to realize that HTZ bagholders are not going to benefit from the loan

if they're smart and their margin is big enough, they'll just hold through

>>23341508
If it does, that's when you strike! Buy more.

>>23341512
get out while you still can

>>23341277
The jew fears the kitchen fisherman

>>23341450
Debunking has been debunked

>>23341515
Nice you should get turtles too.
>>23341532
Actually sounds like a good idea, especially because the russell 2000 just had a rug pull.

>>23341512
uh going from 0.56 to 2.50 is damn good. especially since you got a shit pot of shares as well. You're sitting on 5000 roughly. (on an 1120 investment). I'd fucking sell. Getting to greedy can fuck you over.

WKHS recovery incoming monday
>>23340643
>>23340677
imagine actually thinking hes going to lose lmao

>>23341625
Turtles are very messy and also you need a really big tank for them

>>23341633
he could also just sell half at this point and never come out of it with a loss if he still wants to bet on a squeeze

>>23341670
Yeah but they're cute...

>TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
>TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
>TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
>TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
>TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
>TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY
TRUMP MENTIONED PEBBLE MINE AT MAGA RALLY

>>23341759
Proof?

>>23341515
Dude, I didn't know what this was, and I saw Bog's face in the thumbnail.

>>23341759
based. my nak is about to get even more green.

GAMESTOP ANNOUNCES SUCCESSFUL COVID-19 VACCINE ALREADY IN MASS PRODUCTION

Is McDonald’s a good hold?

Neighbors are building a fence. Hey works for me, they want to build me a privacy screen let'em do it. Had a chat with the dude to make sure he did it all properly (property line boundary and utility locations;fucking hell the dude drills a post hole right into a water/sewer/gas line you know). Gonna laugh my ass off when every few years he's out there panting it to keep it from rotting away.

>>23341823
I wouldn’t. Sooner you eat it the better it tastes

Trump Rally double feature. This is a great day.

>>23341815
GAMESTOP ANNOUNCED WARP DRIVE INVETION
HUMANITY GALACTIC CIVILIZATION INC

>>23341165
lol SQQQ seems decent for a short term hold
unironically sell when QQQ dips and buy TQQQ

>>23341826
jerk >_< not helping neighbor with fence expenses

GAMESTOP ANNOUNCES THEIR 5 YEAR PLAN TO EXTERMINATE ALL MINORITIES BY 2025

I'm considering purchasing Unusual Whales. I have a job now so I can't shitpost on /smg/ 16 hours a day anymore to get the latest news and DD, but I still want to YOLO when I check my phone at work so I can make enough money from YOLOs to not have to wageslave anymore so I can go back to shitposting on /smg/ for 16 hours a day. Basically I need the TL;DR of the latest memes in real time so I can react with a play and go back to work and this might be a service worth paying for.

>>23341759
I wish you were speaking the truth, but I doubt it.

>>23341920
just follow the twitter and mannarino's newsletter
simple as.

HOLY CRAP NO WONDER GPRO PUMPINGGGGG

>>23341920
Most of those trades will always be hedges. Some are simply worng and that leaves you with a tiny win ratio.

>>23341354
Serves you right filthy GME bear.

>>23341947
How can you create this meme pic if your speech retardation isn't a larp?

>>23341947

>>23341995
Holy shit, is this tweet real?

You ive been watching these trump rallies and back in 2016 you would see a protestor every time get thrown out, but I haven't seen a single protestor at these rallies. Its like the man has unanimous support.

>>23342017
It is! Many such cases like this! He said so himself on live national TV!

>>23342017
Yes.

>>23342056
Oh the would be protestors are democrats so they're in their basements scared of the cool. Guess we should short the market.

>>23340911
Checked, but since I know how much work one aquarium is, let alone six, that decreases the comfy factor, sorry anon. Also Hanging your cookware over one of the aquariums gives me anxiety.

Any anons look into the QUAL ETF from Blackrock? Could this be a good substitute for SPY as a long-term hold?

>muh tesla
>look how clean and sleak it looks
>it doesn't even give off emissions

>>23341920
The GME call last week made me some dosh, but the alerts are both buys AND sells. You can't make money off of every play they put out.

>>23342123
a industrial-grade diesel motor is more efficient than car engine, so its cleaner overall

GAMESTOP INVENTS TIME TRAVEL. EVERYONE WITH GAMEPASS WILL WAKE UP IN 2007 TOMORROW

>>23342123
I don't think anyone buys a Tesla for the green meme as much as a status symbol. Like apple.

>>23342115
>coke is a consumer staple
i fucking believe it but isn't that a bit sad?

>>23342142

sounds about right. look at the people who buy them. it's just a symbol.

>oh yeah
>i love how great it is for mother earth
>blah blah blah
>look at my shoes
>yup
>pretty expensive

is there still a way to track robinhood holders of GME
i think we've reached the point where we're just going to crab with massive volatility if robinhooders have jumped in expected an "infinite squeeze"

it's too obvious a play and robinhooders aren't allowed to make money this easily. Getting the feeling I shouldn't average up anymore

>>23342156
Not gonna lie, I drink a coke zero everyday.

>>23341958
>>23342132
Yes I obviously don't blindly copy every large option activity. I've seen large OI expire OTM. It could be part of a spread, who knows. I remember after the TSLA split the company sold more stock at the top and then there was a huge volume of calls which is clearly some long fund profiting off premium before it tanked.

>>23342156
Coke flows like wine and will always be around. Cherry coke to.

>>23342156
>coke is a consumer staple

Liquid sugar is too critical to be considered discretionary, it seems. Drank it most of my life until about 5 years ago and dropped my extra weight very quickly.

So this QUAL ETF is pretty interesting. It more or less selects companies that have sound financials. The top holdings look good and it's quite diverse. I'm looking for long-term holds outside of SPY.

>To construct the Underlying Index, the Index Provider determines the quality score of each security in the Parent Index based on three fundamental variables: high return on equity, low earnings variability and low leverage.

>>23342132
And of course for every seller there must be a buyer to have 1 open interest. The thing is we don't whether smart money is the buyer or the seller.

This shit keeps crashing.

And I’m still not selling.

Draftkings to 100 in spring 2021

>>23342236
>It more or less selects companies that have sound financials.
Isn't that what S&P does? They're pretty good at it, so is Nasdaq.
All of these thematic ETFs just suck ass in backtesting.

>>23342115
>4.5% in Apple

Yikes.

>>23341947
>>23341993
you am not answer question?

>>23342209

cherry coke tastes like my dog's ass. yeah you heard me. my dog's ass. don't worry about how i know this.

just lost half of my paycheck listening to your dumbass advice

fuck this toxic site im going back to r/wallstreetbets

peace out

racist losers

>>23342278
>Isn't that what S&P does?

I'll probably go with SPY/VOO in the end. I'm looking for 10+ year holds for my Roth IRA and HSA accounts, both of which I'm just starting. My 401k is 100% S&P 500.

I'm considering the ARK ETFs for my main brokerage account, but I'm not convinced if Cathie was lucky with TSLA, good enough for the picks of those ETFs, or both. I'm 100% cash at the moment.

>>23342350

cool. see you tomorrow

>>23342350
Lmfao you didn't by GME did you nigger?

>>23342350
see ya monday bro

>>23342240
Ya for sure. Just like in pic related. I want to say that this was a seller, but I have no fucking idea.

>>23342350
You've posted this like 4 times already fucking go back

>>23341920
What's the job?

>>23342390
Thats the thing, you don't know. Plus some one could be buying those cause they plan on writing calendar spreads for the rest of the year and they're actually very bullish on the stock.

>>23342123
Normies don't comprehend that electricity is for the most part generated by fossil fuels. They think it's magic juice or some mystical form of "energy" or some shit. If you can plug it in, it's ""green" " to them.

>>23342082
How'd they train a cat to dance like that?

>>23342390
When TSLA had it's pre-split run up I sold an ITM put credit spread and closed it when it went OTM on expiration day. It's good when you're mega bullish on mega volatile stocks.

for a 13G filing it must be done within 45 days afte the ending of the calendar year that you bought the final share that equaled 5%. since that didnt happen how do I find out when exacctly senvest bought *ME?

Guys Trump just said he was going to go kiss all the men. I don't think I can vote for an openly homosexual man, but i don't NAK to crash. Wtf do I do

>>23342550
sorcery.

>>23342550
the cat actually trained those kids behind him to dance

>>23342299
that pic took me 20 mins for make O_O

>>23342581
Have your gook girlfriend shove a mahjong tile in your urethra.

>>23342362
For 10+ years I would do at least some of that in TQQQ with TMF (or with UUP until interest rates are raised). That's just me though.

>>23342350
if you werent cucked by SSSS niggerfaggotman you have nothing to complain about.

KILL the SSSS nigger

fuck it i'm buying fsly

>>23342632
What the fuck.

What would you recommend to learn trading ES?
Would thinkorswim paper trading ES be a good way to practice, or is there a better option that you would recommend?
How large should your account be (in your opinion) to start trading ES?
[any books / videos / things you wish you knew when you started pursuing trading ES would be very much appreciated!!]

why do i get the feeling we got too cocky with GME again and we're headed back to $11

Does anyone else think NKLA will be dead by the end of December?

>>23342469
Software development that I can only do on air-gapped networks.

>>23342751
glownigger?

>>23342751
You can't shit post from work desk?

some fag here told me that trump was going to announce jfk jr as his vp today why didnt it happen

>>23342715
you need 25k for start trading futures on ToS
so start there

you should start trading SPY and SPXL / U
thats how me started
once became consitent in making money with SPY moved on to /MES
once started making consistent points on MES moved on to ES


for futures DONT WATCH CHARTS
watch DOM or orderflow

>>23342766
you really need to ask?

>>23342721
Who cares?
As long a GME doesn't go bankrupt between now and Q4 earnings we win anyways. They need it to go down far lower than $11.

>>23342773
Probably a Q boomer.

GME

>>23342831
hope he hangs himself today desu

Red week ahead frens

>>23342859
thanks just bought 500 more GME

How hard is TLT going to moon....?

>>23342859
Not gamestop

>>23342884
did you really buy calls on tlt? lmao why?

>>23342859
Oh no...

>>23342768
I mean there are coworkers around and it's kind of awkward to have them see you checking stocks all day and thinking you're not pulling your weight. Lately it's been:
>Phone buzzes
>It's a Robinhood icon
>Excuse myself to the bathroom
>See that my GME is up 5%
>Smile, chuckle, realize we're all going to make it
>Go back to work and put phone down so I can get billable hours
>Get my hours and go home to check how /smg/ reacted

>>23342859
>>23342906
fellas...

>>23342906
Maybe it means Trump will start to steamroll fren?
Either way, GME wins.

>>23342778
SPY / SPDN --> SPXL / SPXU --> MES --> ES?
When you first started, did you stick to shares only? (not SPY options for example)
At the start, were you more daytrading the shares, or taking a position and holding for multiple days looking for the low / high?
What would you recommend if I don't have $25K to daytrade? Practice on paper thinkorswim during trading hours, use 3 daytrades a week in my real account, and swing SPY / SPDN when I don't have any daytrades available?
I appreciate the advice!!

>>23342905
Basically, I’ve notice TLT trading in a range, correlated to the 10 year yield. Basically yields hit 0.80 and fell to .749. I already cashed in a 90% return from my 1st position.

I believe the 10 year yield will continue to fall to 0.65 as its done like 4 times in the last 4 months.

TLT should hit ~$166 and I should make roughly a 100% return.

>bought 200 shares of GME at $10
>sold half at 14.50 on the pump
>still holding 100 shares at $10
>literally holding until it tags me out at break even or the infinity squeeze happens, limit order to sell at $200 for the memes

anyone else doing this? on the one hand i literally can't lose, on the other hand im not timing this shit besides "around christmas time probably". im not selling before Q3. im not selling until it either crashes and burns or it skips the moon and goes to mars. hopefully at least aim for mars and land on the moon. selling the half was my "safe" move, my last half is pure gambling at this point.

cheers to you, fellow coomers. hope it works out for all of us. honestly at this point i care more about being in it in case the meme dream becomes reality rather than the money.

>>23342935
>>23342906
is this TA?

>>23342990
needs fibonacci line going right through it

>>23342982
Holding 3k shares at $9
Haven’t sold once because I understand the squeeze can happen at any second

You shouldn’t play with fire anon

>>23342946

>SPY / SPDN --> SPXL / SPXU --> MES --> ES?
yes this sounds perfect

never got into spy options as daytrade because it very hard finding any sort of premium with them
but people DO day trade options on SPY and am good with them

ummm there way to get past daytrading by using SPXL / SPXU can tell you more about this method if you want

paper trading SPX am useless IMO. Its big index and it has lots of crazy movemnts that designed to rekt daytraders, you need figure out your emotions while trading SPX more than anything

>>23342990
Think so

>>23342980
If there's a run on bonds again equities are gonna get killed. PMG would be Wojack chat too since you'll have a strong dollar. Combined with the no deal brexit pushing dollar up oh man this is really not good.

>>23342982
When it moons, and I think of selling, instead I sell an ATM call expiring at the end of the week. If it's exercised then oh well. If it's not then I took some gambler's money at the top.

>>23342778
elaborate more on how you "became consistent". what's your strategy, exactly? it all seems random at the end of the day, am i wrong?

>>23342123
That's pretty much the entire green energy sector demonstrated in a single image. It's approaching 'free energy' hoax levels.
>w-well it's not COMPLETELY free energy but...

Well here's some good news

>>23343058
bullish for GME

>>23341428
i've been looking at telecom stocks shill me on att before earnings report

Trump just mentioned stock market at his rally.... dump confirmed for monday

>>23343025
Great! I feel like I have a 'plan' now :^)
I am very interested! How would I day trade SPXL / SPXU [outside of a cash account]?
Hmm - other than trading my own real account, what would you recommend to learn the emotion part of trading SPX (or is there no substitute)

>>23343084
Yep that's the guaranteed sign. Glad I sold everything on Friday.

>>23343084
Oh no.

>>23342721
because you're a tranny with paper hands

damn this thing is good.

>>23343084
nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

>>23342546
Some years ago when I still owned a television, I remember a commercial advertising ethanol and biodiesel. "It comes from corn," it said. Showed pictures of corn fields with motivational music playing in the background. Racially diverse group of people, black guy up front center, chin high staring off in to the distance with hands on hips.

DO NOT QUESTION THE PROBLEMS WITH HARVESTING A CROP FOR FUEL OKAY SHUT UP

>>23342918
Bro, I'm pulling this off on a construction site, tell me about it

>>23343047
basically am at point where any given day can make $50 daytrading ES_F if wanted :3
but now days am going for larger moves
ATM am heavily short ES and NQ since NQ was 12000

it am random but best thing for watch am ticker or DOM (pic related)
have spent 1000s of hours watching this piece of shit and basically can tell when price go up or down based on buys and sells

>>23342137
Or, get this, instead of paying all those energy taxes to the shaft, crank, inductor, transformer, poles and wires you could just put the diesel in your car.

>>23343148
Fuck this I'm out.

>>23343109
ok so what you do am

>Say you want to long SPX
>You buy SPXL
>Great you made profit but cant sell because of daytrade rule
>So what you do am buy SPXU for same dollar amount
>This effectively closes trade

>>23343168
Hey. Cool it with the anti semitism.

do you think that maybe we are wrong? that maybe this was too obvious? because if we are right, it also means clickbait retards on youtube are also right?
i know institution can basically short the stock even if they own shares (if they want out of the position but can't dump their shares), they can just transfer over their actual shares when they have to cover

i mean I'll trust Justin on his statement that big funds are short on GME, including the Melvin one, but maybe we're overestimating the actual short interest

When the squeeze happens I'm dropping my tools, spiking my hard hat and walking off the build site with my phone glued to my face. 1k shares, calls too

are you guys telling me the market is going to keep dumping monday

>>23343168
idk that sounds racist to me

Is everything really going to crash soon? Was thinking of buying 10 shares of VRTX.

>>23343181
>>23343212
Kek yeah you're right. Did you know Diesel is a German name? That makes him a NAZI!

>>23343195
look at that poop eating grin and tell me he trustworthy O_O

>>23343207
real talk: no one actually knows, it's just a meme. consider this the one time i'll actually reveal the man behind the curtain. anyways, back to the jokes.

>>23343195
These youtubers just steal ideas from here dude. You can’t get rid of them. Plus in this case, the more people piling on the better.

Started investing at the start of the lockdowns, also worked on my wood whittling and essay writing but nothing really popped off with that...

>>23343195
This is why I swing trade GME. I've sold half my stack when it hits $14 then buy when it inevitably dips. Somebody is wrong in this whole ordeal, either it be click bait youtube videos, or stock "journalists". I don't fucking trust either of them.

ok so they say oh we can make fuel,etc from corn, we can got plenty of food,etc. but tell me where is all this land for food gonna come from if the climate fucks things up and we keep building homes left and right (bigger homes at that). Not to mention office buildings and shit. No one thinks about that little detail. Oh hey lets just build and build and make houses a nice 3000 sq ft on up as the new standard..

>>23343195
>25k
>GME would be a 1.6 TRILLION dollar company
Hey it would be nice if it even went to 3 digits but saying 5 digits is absolutely braindead fucking retarded. It literally would be as big as AMZN at that point. I guess there was a reason I never follow many finance related youtube channels. Cause of braindead monkeys like this faggot.

>>23343272
Circle where on that graph you bought GME

>>23343292
He probably means initial buy to final account total using options.
Consider yourself lucky you can't decipher YouTube thumbnails.

However is trolling /pmg/, you did an amazing job. Holy shit.

>>23343255
>no one actually knows
>consider this the one time i'll actually reveal the man behind the curtain
dude wat

>>23343292
they honestly FUD me more than actual FUD posters

>>23342123
>>23343241
faggot ass delusional boomer lmao

>>23343161
How much capital am I need to return 50 consistent?

>thinking of FSLY
>little sister comes into the room
>ask her about what her friends are doing on TikTok lately
>"TikTok is OLD! Too many boomers using it anymore."

Yup. Ok thinking FSLY is dead.

>>23343335
no one else is gonna admit to you that they don't actually know what will happen in the future, no one here is clairvoyent. they will continue to tell you "TRUMP TWEETED SO MONDAY WILL DUMP" but that's just a meme. even if it did dump, we didn't really know we just guessed and memed about things we don't fully understand.

>>23343318
I just picked up gme at 9.63ish a month ago or so. Most of it came from Tupperware and oil stocks. Ive pissed a couple grand on bad FOMO trades, but only 6k to start and I added 3 more later

Bros....#BidenHarris2020Landslide is trending on Twitter....I'm scared bros...

>>23343360
this is the kind of DD i come here for. ask her what she thinks about gamestop

/zSnvUd

Posting a stock discussion server if anyone wants in. Mostly /biz/ folk. First part of the URL is discord.gg

>>23343368
that's par for the course, anon. if it was #trumppence2020landslide THAT is when you should be afraid because that should literally never happen, twitter especially trending twitter is one of the most one-sided liberal circlejerks on the whole internet.

>>23343325
That's believable if you started buying options when it was in the $2.5-$4 range. A lot of people around here didn't even care about GME till it was in the high 4s and low 5s and I don't believe some nobody with 200 views on his video was buying calls on GME in the $2.5-$4 range.

>>23343360
The only person I know that uses tiktok is my 51 year old co-worker.

>>23343360
I just wish I got some puts. I saw the alert in the morning that day but didn't do anything. If I put say 5k into puts that'd be something like 400k if I sold at open. But hindsight 20/20 yada yada

>>23343375
>Welcome to SP500. Please verify the captcha code sent to you and you will be given a basic role which allows you to explore certain channels. Tell us about your investing experience and goals in this channel and you will be assigned a role with greater perms.

yeah nah no thanks.

>>23343375
Fuck off tranny

>>23343175
Hmm - interesting - have you found that this method actually 'closes' out even / doesn't favor going long or short?
Let's say on Friday you managed to play it perfectly and bought SPXL for $59.02, and then wanted to close out at $60.11 peak - you would then buy $60.11 worth of SPXU?
(at 10:30am would be $7.52 SPXU, buy 7.99 shares)
so
Friday:
Buy SPXL = -$59.02
@$60.11 Buy SPXUx8 = -$60.16
Total: -$119.18
for this hypothetical, let's say both stay same price as Friday 4:00 close
Sell SPXL = +$58.41
Sell SPXU +$7.73 x 8 = $61.84
Total: $120.25
Profit: $1.07 (compared to $1.09 from the day trade)
..hmm...
Would you recommend pursuing this strategy / wouldn't it be better to pursue trades like waiting & buying 16 SPXU at 10:30am, looking to sell on Monday?

>>23343384
Yeah for sure. It's either a
>look what we could have done with our crystal balls
video or just an outright lie based on KBIO or KODK multipliers, because nobody who knows what they're doing makes these clickbait videos.

2 of the 3 penny stocks i through $100 in reverse split this month so i had to cut my losses. fuck that shit im never buying into penny stocks under $1 ever again, it's not worth it if you can't hold as long as you want.

>>23343375
kys lmao

>>23343375

>discord
>mostly /biz/ folk

Hard pass.

ortex still missing data for wednesday and thursday
what could this mean??

xbox consoles can be sold on credit will retailers get their cut upfront?

>>23343474
third party will deal with credit, no liability on gamestop's part, they mentioned this in Q2 earnings calls

>>23343470
It means that there are 70,000,000,000 shares sold short and we are going to $100,000 per share. Digits confirm

>>23343360
the white girl index demands the downfall of fastly
becky always beats the market yet again

>A huge crash could take as long as 10 years for your stocks to break even

Doesn't this scare you? How do you deal with this?

>>23343498
buy the dip bro

>>23343439
I just want another CBAT or SUNW, I missed out hard on those and now I'm holding about $300 worth of random meme Chinese penny stocks that I've seen shilled. none of them have popped off

>>23343498
price alerts, stop losses

if panic actually happens you're still better off just catching the falling knife if you must

>>23340594
98% of day traders underperform the sp500 on an annual basis

>>23343514
Chill, ER out Monday, things are not gonna dump

>>23343498

Hedging, also buy the fucking dip retard.

>>23343498
FA so you know when to cut your losses. covid was actually an ongoing story since at least like january maybe even earlier. you had months to realize shit was going down and to cut your losses before the real crash truly began.

>not realizing HTZ will blow past 3$ on Monday

what percentage of the market is about luck vs. about skill, in regards to determining the outcome of any given trade, or the result of a trader at the end of any given day, week, month, or year?

are there people so stupid they dont even know how to buy the dip?

>>23343488
okay sick I need to go back and listen to it and q3 will be better then expected imo with shit sold out every where those who got an xbox from G*E will probably influence people to make a digital purchase

>>23343571
100% skill
100% luck
-200% margin call

Is everything going to crash again or no?

>>23343591
Definitely yes.
When? Fuck if I know.

>>23343498
buy the right stocks
buy every dip
plenty of free cash flow
losing money is ok, losing opportunities is not

>>23343560
>Bought the top
kek

>>23342350
Oh no! You lost a week of work!!!

>>23343590
im serious though. i compare it a lot to MTG, i feel like it's very similar actually. like how a lot of different strategies can all be profitable. that you can put the odds in your favor a lot by understand concepts about the market and backtesting and whatnot, but there is still always going to be that element of RNG involved in every trade. you can't win every game but you can give yourself a profitable winrate while being able to survive losing streaks so you can live to see the winning streaks.

>>23343587
>listen
there's a transcript you doofus

BST and BSTZ are very comfy!

>>23343633
>i compare it a lot to MTG
what are you some kinda nerd?
lol i think i remember you though, talking about stuff like draw probabilities and outs having metaphors in the markets. Probably all true yea. If you want a real answer? All the prepatory work is skill and the actual execution is luck. For example, I used to keep a book on my AMD trades and I did very well, but I stopped because it was tedious and then I buttfucked myself. Now I'm keeping a book again, pic related. Not that having a book or good records will help in the actual execution of my trades, but being able to analyze the underlying "structure" would be helpful.

SWTSX - considering that this year has been a total roller coaster where you don't got a fucking clue when the next epic dip or rally will happen and that this has given me a 20% gain despite all that, it makes you wonder what epic gains await when everything is back running smoothy again. Short and sweet, dump money into a total market fund and sleep well. Wait for epic dips and dump in a shit pot of green. For ho hum months dump in smaller loads.

Should I sell everything? How bad is the upcoming crash going to be?

>>23343735
nice
good stuff
i love index funds

don't you have a fidelity account though? do they give any little improvements for buying their version of that fund instead of the schwab one ?

>>23343791
you should never sell everything
just like you should never 100% go all in
steady in, steady out

Everyone, just sell sell sell when it pump pump pump. When it crash you're gonna buy buy buy, it doesn't matter don't crrrrrryyyy!

>>23343791
Yes if you don't sell right this second, you will have to pay your broker 69k come monday

20 Minutes to movie night! I have failed to find a copy of Murder Death Koreatown (2020) so we will be showing the very fun Hell House LLC (2015) insted unless I can somehow find something else. And no rolectant we will not watch Bad Ben (2016).

>>23343841
>hell house llc
>llc
instantly /biz/ approved :thumbsupemoji:

NEW!!! MOVIE EDITION!!

>>23343876


>>23343876


>>23343876


>>23343876

>>23343841
NO
NO MORE SUBS
ME CAN NO READ

>>23343872
It's very very good, been 4 years since I saw it but it's fun, dumbass scheme to run a haunted house for a quick paycheck goes wrong

>>23343498
you literally sell before the crash, sell at the start of the crash or sell a couple days into the crash. who the would hold through a crash? the sp500 literally sold for a week straight before cat bouncing to death. if you literally didnt get the hint to sell i dont know why you would even bother in the first place

>>23343608
>losing money is ok, losing opportunities is not

losing money isn't okay. but this is what DCA'ing below the 200 hour MA, position sizing, and patience are for. also selling half at break even so you can average down further as long as the company is solid.

or otherwise day trade and ignore any crashes, if anything they just help you with more volatility and probably more predictable trends.

>>23343643
>not tracking managements speech patterns and inflection points

>>23342683
You bitches are still crying about SSSS?

>>23344508
found the SSSS shill also
>falling for a reddit meme
you deserve to lose it all

>>23343560
I think it all depends on what happens in the premarket. If the premarket is good/strong, we could go to $5. If premarket is weak, were going to $1

>>23344444
Based and checked.

Has anyone seen snss anon recently? I am afraid he might have killed himself.

>60000 spy puts were bought
Bobokeks, when will they learn?

>>23341354
see you in 24 hours degenrate hopium nigger. options r for retards