New Investors General /NIG/gas

[Anonymous No.19601519]

This thread is dedicated to the accumulation of new investors, where we can share our mistakes and our lucky gains.
I started early April. Feel free to post yours.

[Anonymous No.19601624]

>>19601519
I started late April. No options

[Anonymous No.19601662]

>>19601624
Nice.
Every time I sell something, it skyrockets
Every time I hold, it tanks
I’m not very good lol.

[Anonymous No.19601664]

>>19601519
>>19601624
Fuck your, I started in March

[Anonymous No.19601668]

How do I avoid falling victim to what happened with TLRD earlier today?

[Anonymous No.19601679]

>>19601664
Did you try to short the bottom?

[Anonymous No.19601684]

How can I better predict when that will happen ?

[Anonymous No.19601707]

>>19601668
I sold my TLRD this morning. Then I watched it increase another 20% & I got upset
Then I checked it after-market and laughed. Guess I got lucky.
I would hold if I were you. It’ll go up eventually

[Anonymous No.19601712]

Say it with me: Stocks only go up.

[Anonymous No.19601731]

>>19601707
No I had in at 1.40 but I sold at 1.52. I gained 1000 dollars today and ended the day with only about a 100 dollar gain at the time I sold.

[Anonymous No.19601739]

>>19601679
I guess I did, it was like a week before the bottom hit. That foreign index fund just didn't tank that hard.

[Anonymous No.19601763]

>>19601712
Say it with me: Bear markets are an optical illusion.

[Anonymous No.19601785]

>>19601519
started last month but I technically started in late march as I went all in RTX and decided it was such fucking retarded idea and waited for a looooong time before i broke even. once I got out i search for ANY stock hit by Covid-19 and started buy cheapies and then I got fucking lucky last week on friday as everything started to moon

[Anonymous No.19601791]

>>19601731
Did you set the price limit at what price you’re willing to sell your stocks at?
If you go to sell a stock at $2, and as you’re clicking continue, it changes prices (naturally)
Make sure to click on options next time you sell & click the ‘limit sell’ button.

[Anonymous No.19601801]

I thought they already had their earnings report because I didnt hear anything about it

[Anonymous No.19601815]

>all of a sudden the catalog is filled with all these stock tourist absolute newfags throwing their money blindly at stocks
time to bail out

[Anonymous No.19601821]

>>19601785
Hehe. I tried to short oil, not knowing it was still at the bottom. I thought I was lucky making a few $$$. But now oil is skyrocketing back to normal, when I got off of the train a month ago!!
Now I’m holding Nordstrom. Made a pretty penny today.
There are also a lot of cheap oil stocks that haven’t exactly recovered yet

[Anonymous No.19601822]

>>19601791
Naw I didnt want to use one because I legitimately thought the earnings report had past. I sold like 20 minutes after the first news article I can find about it was published

[Anonymous No.19601863]

>Always bet on the federal reserve
>Only buy into things that look profitable long term so you don't panic sell
>Never listen to the advice of anybody blindly no matter who they are or what they say (Buffet losing airlines lel)
>Do not sell until there is a slight drop, or you will miss out on being near the top
>Same thing with the bottom, only buy when things are just starting to go up
>Never invest in crypto
>Never invest in options
>All in on TSN tendies
>Fuck jannies
You're welcome.

[Anonymous No.19601870]

>>19601519
Started back in February. Went mostly petrol stocks because I figured once people started driving again it would be fine.

[Anonymous No.19601938]

>>19601863
what is TSN stand for?

[Anonymous No.19601949]

>>19601863
>>Never invest in crypto
>>Never invest in options

how much did you lose lmao. emotional investing at its finest

[Anonymous No.19602198]

>>19601763
Say it with me: Investing without a plan is just speculation.

[Anonymous No.19602579]

>.5 BTC
>100 LINK
>1000 GHOST

It’s not much, but I’m cozy.

[Anonymous No.19602744]

How do you guys do it? And here I am with my modest gains. Do you guys go all-in on options or pennystocks? I've made a consistent 15% per trade with pennystocks but it only resulted in small gains because I'm trying to stick to the 5% rule. The rest of my investments are index ETFs.

[Anonymous No.19602758]

Will post my chad picks next

[Anonymous No.19602816]

[Anonymous No.19602901]

Best advice:

Sell options and manage risk. You can make 50%/year if you understand the IV, greeks and options strategies well enough

[Anonymous No.19603009]

>>19601662
Counter trade yourself and youre good

[Anonymous No.19603076]

I made a good bit of money off GNUS and I'm making big gains after going all in on INUV. I just dropped $2k into my account from a loan and will drop another 500 from my paycheck this friday. I'm planning on all inning something like PLUG or NRGU because single dollar gains that would be easy within a span of a week will grant me +600 to +800 dollars just off of $1 increase...

[Anonymous No.19603142]

If you're good at Russian Roulette, you'll make a good return on Hertz. I'm up, but literally gave me chest pains trading it

[Anonymous No.19603157]

All these posts are meaningless without saying what you started with. 90% of you are probably already fucking rich cunts just casually dropping $1k's for fun and gloating on a rice anime forum

[Anonymous No.19603199]

First of all, there is a difference between trading and investing.

[Anonymous No.19603201]

>>19603157
As a poorfag I can tell you my experience. I started trading recently when I got the $1200 stimulus payment. As I was also going to get unemployment insurance money, the $1200 was basically nothing to me at that point and I felt like I could finally take a gamble.

Since then I've added money from my unemployment checks here and there. It came up to 5k in the end. After 2 months of floundering, I made my first 1k (above my 5k capital) recently. And today I'm up by $700 or so.

[Anonymous No.19603272]

>someone ITT is also +320% over 3 months

Nice bro >>19601624

[Anonymous No.19603404]

>>19603272
based +320% brother

[Anonymous No.19603408]

Did the Covid crash and the BRRRRRR turn a portion of the wagie underclass into day traders?

[Anonymous No.19603483]

>>19603408
Yes and they'll all be gone within 6 months after selling the next local bottom.

[Anonymous No.19603536]

>>19601624
I see that DFEN notification.. can I still get in?

[Anonymous No.19603586]

>>19603272
Nobody fucking cares about your gain% if you don't include your positions. Fucking waste of time, go circle jerk on reddit for updoots

[Anonymous No.19603674]

>>19603536
I day traded DFEN Before when it was around $14. never took it out my watchlist. All in SSL now. Been averaging up since 5.

[Anonymous No.19603688]

>>19603408
>>19603483
Post losses

[Anonymous No.19603718]

>>19603674
I wanted to get into SSL but they've been downtrending since 2018 so I'm worried they only have another $5 or more to go before it starts to level out or decline.. but I guess I can sell when it starts to drop

[Anonymous No.19603780]

>>19603718
No one does their research. The downtrend in 2015-2018 was due to mismanagement of the CEO's at the time. They took on projects out of SSL's realm. We have a new CEO, given the position in November 2019. The projects are now almost complete (99%), however due to COVID, right before the opening of the Lake Charles plant, everything had to be shut down. Of course, this sent them another leg down. Then negative oil futures. another leg down. Then a fire at one of their plants. Completely oversold.

Now, they are changing their image, plant is about to open, and JP Morgan just upgraded the stock to overweight.

[Anonymous No.19603790]

>>19601519
please stop using robinhood and get an actual brokerage where you can contribute to an ira before putting money into taxable account

[Anonymous No.19603805]

>>19601731
Dude +$100 is better than losing $1000

[Anonymous No.19603847]

sold my CCL $35 calls a week ago for 0.05 and they are now worth $1.45

[Anonymous No.19603848]

>>19601519
Started in April. I panic sold like a retard after only like 3 days cuz of a dip, and bought worse positions. Green though now, not sure when I should liquidate given the possibility of a crash.

[Anonymous No.19603897]

>>19603586
Lol what u mad about

I missed the airline pump btw

[Anonymous No.19603908]

Modest return, I first tried to buy a bunch of options and basically squandered all my gains and only in the last month have I started trading shit I actually understand and well, doin a bit better. Cant afford to Yolo on anything so I’m happy securing these gains. The cash is from selling TLRD at 1.61 earlier. Fuck lol.

[Anonymous No.19603976]

>>19603688
Lmao dangerously based
I always thought there were fees and minimum balances, then I found out that all these brokers are zero fee now AFTER I made a Robinhood account. Once I hit 5k I’m gonna move it to TD or Schwab.

[Anonymous No.19603984]

>>19603847
Kek. Only Iron hands will be rewarded

[Anonymous No.19604022]

Been feeling pretty great these past couple weeks

[Anonymous No.19604076]

>>19604022
You better break 1k tomorrow. I’ll be waiting to give you your membership card to the 1k club.

[Anonymous No.19604257]

Currently using coinbase. What do you guys use?

[Anonymous No.19604350]

BASED TRUMP

[Anonymous No.19604368]

Do you guys flip things alot throughout the week?

[Anonymous No.19604396]

>>19604257
For crypto?

TrustWallet

[Anonymous No.19604405]

I started investing a couple months ago. What do now?

[Anonymous No.19604473]

>>19604257
i think they're using robinhood, you can also buy crypto on there too

[Anonymous No.19604613]

>>19604350

Now those are some based gains

[Anonymous No.19604616]

>>19604405
Based KOS. Every once in a while a good one pops up on /smg/.

[Anonymous No.19604680]

[Anonymous No.19604695]

No idea what I’m doing lol

[Anonymous No.19604702]

>>19601519
What's a good way to get my feet wet? I opened an account, now I'm educating myself because I know nothing about markets and finance. Should I just pick one or two stocks and track them autistically until I get a feel for it?

[Anonymous No.19604770]

>>19604350
Jesus senpai

This is since end of April

[Anonymous No.19604817]

>>19604022
serious question, what kind of job do you work or are you unemployed? Why not just work and throw some more cash at this? When I realized how poor I was a few weeks ago (made 500% but i was only in $200) I just worked my ass off instead of playing stocks and options to get above 1k at least. it takes money to make money.

[Anonymous No.19604842]

>>19604817
see pic related. I am retarded for how little money I put in. Fuck. Dont make the same mistake as me lol

[Anonymous No.19604863]

Started in May, I’ve learned so much, thanks /biz/

[Anonymous No.19604889]

Anyone bought any DFEN?

[Anonymous No.19604927]

>28 year old useless incel
>never even invested money of my shitty job, just kept in bank account, missing all the 2010s market gains
>was gonna dump 100,000 USD into a portfolio when market bottomed out but thought economy would be even worse
>missed out on all gains again
>know i'm too retarded and useless to even invest correctly despite doing literally nothing all day besides my shitty job

[Anonymous No.19604948]

Don’t buy chink shit
Ever
Don’t buy oil ETFs
Ever
Don’t doubt America
Ever

[Anonymous No.19604971]

>>19604927
You should give up pussy

[Anonymous No.19604977]

>>19601519
I started on Friday and put 30k in two days
8k on GE
14K on REITs - MITT, TWO and IVR
5k on GUSH.
3K into shitty VISL and SHIP

I thought the bottom would be two weeks later than it was and got in later than I wanted to.

Still Im up 12k in two days I have almost no idea what im going and figured out what a stop trail sale was today.

A big thank you to all you faggots who recommended these over the past few days.

[Anonymous No.19604979]

>>19601519
started about a week ago, got in on the nikola train when she was cheap

[Anonymous No.19604994]

>>19604948
whats wrong with NRGU

[Anonymous No.19605012]

>>19604889
I did, I have one share. It’s not much but it’s something

[Anonymous No.19605023]

>>19604948
can you explain about oil EFT and why not to buy them, I got in at 48 on GUSH its at 69 and I have made about 1800$ on it in 2 days? I also set up a trail stop sell of 15%

[Anonymous No.19605033]

>>19604817
Only started taking it seriously about a month ago putting in a couple hundred a week

[Anonymous No.19605062]

>>19604680
Wait... Wut?

[Anonymous No.19605094]

>>19604948
Alibaba laughs at you

[Anonymous No.19605121]

>>19604948
this is BS I've made so much money off of oil ETFs

[Anonymous No.19605137]

Started in April. Everyone on /biz said don’t buy airlines but I couldn’t resist.

[Anonymous No.19605165]

>>19601519
>>19601624
>>19601664
Newfag here, which apps and platforms do you bros use?

I know Robinhood is popular, but in leafland we can't use it. Trying to find a low-fund platform which doesn't require initial account sizes

[Anonymous No.19605173]

>>19604927
Give me your money and I'll manage it for you. Then I'll pay you a handsome monthly income so you can live on it without worrying about depleting your stash.

[Anonymous No.19605335]

Started a month ago

[Anonymous No.19605388]

>>19601519
if tsla goes to a $1,000 dollarus i would seriously buy some puts on that, tsla valuation is fucking insane the business isn't even worth that much now.

[Anonymous No.19605548]

>>19601519
1. Buy ATM SPY calls with strike a month or so out
2. ???????
3. PROFIT!

>>19605388
IV is crazy on TSLA, your odds for profit are slim

[Anonymous No.19605550]

Been doing strictly options.
Initial was 150$ and built it to what i have now, it feels good to finally be successful at it, hopefully i can keep it up.

[Anonymous No.19605574]

WHEN DO I SELL HPR??

[Anonymous No.19605644]

What are you chads doing/did to learn? I found a course on udemy and im going through it, but just wondering.

[Anonymous No.19605660]

>>19605550
>Brave Chad
>options Chad
>over 2000% ROI in a month

[Anonymous No.19605739]

>>19604680
Lel shoulda sold

[Anonymous No.19605866]

>>19605644
Self learning through YouTube. I've gotten surprisingly good at ThinkOrSwim with papermoney so I'll probably start swing trading soon

[Anonymous No.19606057]

>>19601519
>New Investors General

Time to sell boys!

[Anonymous No.19606146]

>>19604702
I wouldn't limit yourself to a number of stocks but maybe just a dollar amount you are comfortable with losing.

Look at stocks of companies you like irl. If they are way down from their high at start of the year and you think they will bounce back put a little money in them.

[Anonymous No.19606521]

Bought shares in Royal Dutch Chell (oil) and KLM (Dutch royal airlines) a week ago

Had a bunch of silver and gold, some bitcoin too but I actually wanted to have some stocks.

Up 25% in a week, I regret not putting in more cash.

Holding cash and waiting for the next crash right now.

[Anonymous No.19606581]

>>19605660
>Based frog poster

Ive lost more in the past due to being impatient with stocks, and making bad moves. I think all that losing has taught me to stay away from, shit stocks, playing options with shit stocks, buying into a pump, and making sure i have enough time to sell before decay eats me alive

Oh and one more thing, stay away from puts, you cant predict the future, your better off using that money when that shit crashes on some mid term long calls

[Anonymous No.19606619]

>>19601519
For the love of god make sure you buy some HEX and hold it

[Anonymous No.19606661]

>>19603009
I started doing the opposite of what ever /biz/ says and it has worked wonders.

[Anonymous No.19606692]

Absolutely based gains ITT

I fell for the meme for the first time in my entire life, and bought cruise lines, airlines, Boeing, and oil when it tanked. My mistake was being too much of a pussy and spreading my money wide when I could've just gone all in on Norwegian and made three times as much. But whatever, I can't complain. I've already made enough to pay off my student loans and only going up.

[Anonymous No.19606717]

I made a ton on the way down and back up trading options on Robinhood. But with the s&p at 3200 I’m gonna sit a week out. I’m thinking it’s gonna crab then a sharp drop or gain depending on news. Longer it crabs the better

[Anonymous No.19606786]

>>19601519
> Started March
> Bought marijuana companies
> Recession happens
> Lost all my Aurora stock because I didn't have enough stocks
> Bought penny stocks
> Bought USB
> Bought a fraction of an ETF and Tesla
> Invested $200
> Now up approximately $205
I wished I invested in Tesla sooner.

>>19601624
Jesus Christ, charge your damn phone.

[Anonymous No.19606820]

1 mo steady gain

[Anonymous No.19606968]

>>19606692
i wish i fell for the meme earlier. i’m off to a good start, but there’s a long way to go before i can make a dent on my loans of around 35k

[Anonymous No.19607177]

any good ETFs?

[Anonymous No.19607186]

>>19607177
SPY seems like the safest bet.

[Anonymous No.19607187]

>>19601519
I started 7 months ago and lost 60%. Have 6k now.. it hurts. I think im done.

[Anonymous No.19607224]

Any stocks i should take a look at tomorrow? I have hella scanners set up but what do you stock bros have your eyes on?

[Anonymous No.19607240]

>>19601664
I thought this was a thread for newfags, not poorfags kek

[Anonymous No.19607256]

This last week as been great to me. I dont want to be a bono, but how long do the good times last?

[Anonymous No.19607278]

Started with 1000$ traded up to 13k and lost it all to about 300$ and have been working back up steadily.

[Anonymous No.19607280]

>>19607256
fuck, man. I dont know why everyone seems to do well except me. Please send help. What did you buy? I just dont know.. I stopped like a month or 2 ago due to getting ass fucked and losing 60% from bleeding losses

[Anonymous No.19607291]

>>19607280
Also, the markets right now are weird as fuck.. Sometimes I wonder if I should wait for another crash since this economy sure as hell isnt healthy

[Anonymous No.19607318]

I suck, started around March

[Anonymous No.19607373]

>>19607280
Litterally everything went up, I dont know how you could fuck it up.
Remember that you dont lose anything if you just hold. I stick to etfs, with a few stocks mixed in. Dont take my advice though I learned all this through biz

[Anonymous No.19607375]

>>19607318
>444

bearish as fuck

[Anonymous No.19607393]

I've been trying to start for months now but crypto keeps pulling me back in and I keep putting my money in BTC, ETH & LINK.

[Anonymous No.19607459]

I wanna start trading options more, does anyone have any advice on where I should start learning what to buy

[Anonymous No.19607578]

>>19601519
I started at the end of March. I bought a lot of shit that was still on its way down. I wanted to buy options for all the wrong reasons (I had a wildly bad understanding of the pricing), so I watched the 8-hour options training course on TD.

I tipped my toe into the options pool, buying pussy positions (1 contract, here, 2 contracts there). Now that I am comfortable, I am pissed that I didn't learn what I was doing earlier.

I built up a savings of about $350,000 over the last six years by putting all my money in the credit union, earning about $290/year interest. I doubled that return last year when I out $20,000 into a promotional rate CD.

I've been in the market a couple months now, and I've turned $45,000 into $75,000. I feel like a puss because I still have $13,000 in cash just sitting in my TD account and $300,000 just sitting in the credit union.

[Anonymous No.19607920]

>>19602901
>Selling options during a bull market

[Anonymous No.19607969]

Started almost a month ago, more like 3 weeks I'd say.

[Anonymous No.19608009]

>>19607969
fuck... what did you buy?

[Anonymous No.19608078]

>>19608009

Nog is my only real "gamble" stock, the rest I have a feeling are very solid. Got good advice from a friend whose been trading for a few years, basically we talk stocks and do research as to whether or not they are safe bets.

[Anonymous No.19608097]

>>19608078
You talk through discord?

[Anonymous No.19608127]

>>19608097

We talk on discord (voice) while playing wow. It's like 3 of us, the rest of the guys were not interested whatsoever but it's their loss

[Anonymous No.19608213]

To an absolute newfag: What app is that even?

[Anonymous No.19608334]

>>19608213
robinhood

[Anonymous No.19608560]

>>19605165
Fidelity is the other option I'm aware of but I never used it.

[Anonymous No.19608603]

>>19605165
i use robinhood for my stocks but use thinkorswim from amitrade for charts and automatic scans

[Anonymous No.19608617]

$2000 available - what do I invest in? Is the airline meme still strong?

[Anonymous No.19609079]

i'm a french idiot who wants to learn about the stock market. i don't understand the difference between stocks, option, puts, dip whatever i don't get it. and when i try looking on econ stuff, it's absolute basics or extremely developped stuff i don't get because of the jargon

can someone step me on a link or something ? thanks

[Anonymous No.19609252]

>>19603157
I stopped working 3 months ago, 2 months in I only had 1500 to my name plus a 1500 credit.

I bought a shit car that I was hoping you flip but still sitting outside, I need to clean up and change some parts to make it deq ready, I ended up with 700 hundred liquid and I threw 300 on the market for the first time ever last month.

Pic related is where I am today and if my calculations come true I'll triple it before the end of next week

[Anonymous No.19609273]

>>19608617
Hertz

[Anonymous No.19609279]

>>19601519
this is reminiscent of december 2017 crypto altcoin surge, so many normies I know who cant tell me what a bond is are trading stocks on robinhood
Pretty amazing, we have everything tying together this decade. 4th turning, pensions collapse,riots in the street, pandemic, and to top it all off the ZIRP fueled stock market bubble is about to burst, with bankrupt company buying robinhood traders as the pin, truly a great timeline

[Anonymous No.19609384]

>>19609279
Bull as fuck faggot.
Is so fucking bullish that even the ass backwards retarded NPC Karens can smell the gains regardless they don't know Jack shit about wall street so they want some action.

I am making hand over fist money here and I am not even at an armature level trader, if you have an even moderate knowledge of the market this is the once in a life time opportunity to pull a six figure gain in a couple of fucking months.

Just get ready to short before CNN and the kikes are ready to fuck Donald's bull run with another hoax, they'll start whaling a soon as Donald gets back on the polls

[Anonymous No.19609419]

What platform do europoors use? Where do you spend your eurodollars?

[Anonymous No.19609455]

>>19609273
After such a huge pump?

[Anonymous No.19609476]

Robinhood alternative for us EU bros?

[Anonymous No.19609488]

I use passfolio (in UK). You actually own the stocks and not just playing with someone elses

[Anonymous No.19609490]

how the fuck do I do this properly

[Anonymous No.19609498]

>>19609384
>Is so fucking bullish that even the ass backwards retarded NPC Karens can smell the gains regardless they don't know Jack shit about wall street so they want some action.

every historical example of a bubble is against you, we are in the advanced stages of public participation in this bubble. What you are missing is that these "karens" and "NPCs" will withdraw their money just as quickly as they deposited it, at the first sign of trouble. Just as happened to Bitcoin in 2017, every NPC was all over it and then suddenly boom, 2 year bear market

[Anonymous No.19609524]

>>19609455
Don't listen to that retard, Hertz got pumped by reddit. If you want stonks, buy Airbus - they're propped up by euro governments and were just starting to kick Boeing's ass before the coronavirus thing, they just sealed a deal with NASA and literally can't fail.

For options right this moment I'd say KO. They're set to swing up $5 or so with restaurant reopenings. Not exciting but pretty certain.

[Anonymous No.19609552]

>>19609498
That's why you dump the top and buy the bottom again fag

There is no such thing as bear markets, we're in the best time line right now

[Anonymous No.19609591]

Started April 3rd.

[Anonymous No.19609607]

>>19609552
this is a surreal experience, I am literally arguing with myself from late 2013, when Bitcoin experienced its bubble from $10 to $1000. I lost so much in money, despite people telling me public participation was too high, I blindly kept going . It took 3 years for BTC to get back to $1000 in Jan 2017, and thankfully I realized in late 2017 we were going through another public participation bubble and got out

Learn from other peoples mistakes anon

[Anonymous No.19609624]

>>19609607

[Anonymous No.19609679]

>>19601519
i bought some DGAZ shares yesterday and couldve used one of my day trades, when it soared but then UNG went up and now i lost 3%
WHAT DO BIZ SHOULD I HOLD BROS OR SELL

[Anonymous No.19609824]

>>19609279
Agreed. There’s too much euphoria. Look at all the wagies with debt that are making $2k over their normal income with unemployment right now. Millions of them. And they’re in their 20s listening to the advice of “buy the dip” They will have taxes to pay on their gibs in 9 months. This bull run is unsustainable.

[Anonymous No.19609863]

>>19609824
>doomers now talking about 9 months in

You can literally be death next month, all in faggot yolo

[Anonymous No.19609885]

Yep, the delusional “what if I die tomorrow, then that saved money was for nothing” consoomers are fueling the stock bubble. I’m out, and all-in to gold

[Anonymous No.19609897]

>>19609863
The gibs end next month, good luck with your gains. Hope you take some home, but enjoy those short cap gain taxes lol