Boiler Room: The Official Stock Market Discussion

[88m3]

Lol at these retards on reddit:

I hope to god that's photoshopped

 

[Captain Crunch]

Anybody here is a long term investor and just profits off dividends? Is that feasible?

 

[Domingo Halliburton]

Anybody here is a long term investor and just profits off dividends? Is that feasible?

Yeah there's actually strategies designed around that.

 

[Domingo Halliburton]

Was on the fence about buying some short-term MU puts for a pullback two days ago. Kicking myself now. The worst is when you have the right idea but don't have the balls to pull it off

Raised guidance, up 5% today

 

[Futuristic Eskimo]

Raised guidance, up 5% today

Puts expired on Friday. They were up ~350% on Thursday

 

[Domingo Halliburton]

The EU is banning binary options. They should probably do that here as well. I haven't looked into them much but from what I hear they're all scams and there's so many restrictions it's practically impossible to make money.

 

[Domingo Halliburton]

Where's Art Cashin and his "Dow 25,000" hat on CNBC?

 

[Domingo Halliburton]

Icahn just pumping his own stocks now on CNBC. VMWare and Dell

 

[Domingo Halliburton]

Twitter 8 to 1 calls to puts earlier. July 36 calls lot of volume

 

[mson]

I sold all of my WWE.

https://www.bloomberg.com/news/arti...ort-that-fox-will-begin-airing-smackdown-live

 

[88m3]

 

[Larry Lambo]

Damn, LOW crushed it today. +10%

People that high on the breh Marvin Ellison? I hope he can deliver. I've been trying to get a gig there for yearzzz.

 

[Camile.Bidan]

I bought this stock at around $40, and it's hovering around $55-49. In january, it was at $25. CRISPR is a definitely a cutting edge technology and there was a big 60 Minutes piece on it last night.

I am buying and holding for the moment. I feel it's a good buy.

CRISPR Therapeutics AG

I got a 50% return on this purchase!!!! whew!.


CRISPR Therapeutics AG

Even with this enormous return, I still didn't do better than the market on my "play" portfolio ( I have $15K account that I use for basically gambling with stocks). Buying individual stocks is pretty stupid.

 

[mson]

I got a 50% return on this purchase!!!! whew!.


CRISPR Therapeutics AG

Even with this enormous return, I still didn't do better than the market on my "play" portfolio ( I have $15K account that I use for basically gambling with stocks). Buying individual stocks is pretty stupid.

Because.....?

 

[Camile.Bidan]

Because.....?

Because I read these three books. I suggest that you do the same.

Wealth building is 99% about behavior or discipline and 1% about financial wizardry or mathematics.


Day trading or picking stocks on the market is a stupid move because YOU can't, and nobody else can, beat the market. The mutual fund managers can't beat the market over a 10 year average, the hedge managers can't beat the market 10 year average, and the hot shot investors can't beat the market over a 10 year average.... except for a handful, and you already know all their names. Handful of people out of 7 billion humans on earth can beat the stock market. Good luck with those odds.


If you are building wealth for the long-term via investing, you can either get the market return or you can get less than the market return. Those are you only two options unless you have a time machine.


I have $15K IRA that play around with (no tax implications for daily trading), and even that is a stupid idea, which I justify by saying "it's for fun". Well $15K at the market return for 30 years is a lot of money, and it wouldn't be "fun" to lose all that money.