Boiler Room: The Official Stock Market Discussion

Scholar

Superstar
Joined
Dec 11, 2015
Messages
8,939
Reputation
795
Daps
24,344
Might be too late to jump in. I jumped in at .20 this morning because some kind mentioned it on reddit. Also this whole fight with Saudi Arabia and Russia means that companies are storing their oil via oil tankers since they running out of storage space. If I'm lucky this stock goes up to at least 5 dollars. We will see.
Had 34k shares. Just took my money out.
 
Joined
May 1, 2012
Messages
187,216
Reputation
24,422
Daps
607,211
Reppin
49ers..Braves..Celtics
look at it this way. the market was down to 18.5k. this was on march 23. Over the span of two weeks with all this bad news, job losses, unemployment numbers, talk of recession, worsening of the virus..

Over that two week span the Dow today closed at 22.6k. Up over 4k in two weeks. :mjlol:

That shows you how day to day this is... lol
 
Joined
May 1, 2012
Messages
187,216
Reputation
24,422
Daps
607,211
Reppin
49ers..Braves..Celtics
Exactly.

That's why it's good to buy low and then sell 25%-50% when these upward swings happen.

Keep the other 50%-75% long-term.

This week I'm playing mostly the long game but I played the short game last week and made out pretty well.

There's money to be made either way and I'm happy i bought into a lot of these at 18.5k levels
 

T.H.E.GOD

Superstar
Joined
Jun 16, 2012
Messages
6,434
Reputation
787
Daps
14,566
Reppin
NULL
This week I'm playing mostly the long game but I played the short game last week and made out pretty well.

There's money to be made either way and I'm happy i bought into a lot of these at 18.5k levels


That’s what I’m gonna do on the next dip. Play long term for one stack and the other stack short term if I see it double and diversify it. Then throw the extra stack I just made back into something else. If I see something too good to be true, might throw a third stack in. But if I had made some money today, I would have sold everything today at the end of the day. Lol...
 
Joined
May 1, 2012
Messages
187,216
Reputation
24,422
Daps
607,211
Reppin
49ers..Braves..Celtics
That’s what I’m gonna do on the next dip. Play long term for one stack and the other stack short term if I see it double and diversify it. Then throw the extra stack I just made back into something else. If I see something too good to be true, might throw a third stack in. But if I had made some money today, I would have sold everything today at the end of the day. Lol...

That's what's going to happen probably. There will be a lot of sellers just based off how today went.
 

T.H.E.GOD

Superstar
Joined
Jun 16, 2012
Messages
6,434
Reputation
787
Daps
14,566
Reppin
NULL
I actually saw that guy Financial Education or whatever on YouTube the other day and he was MAD at anyone who said they bought at 18.5k

He was like "sure you did buddy.. :martin: "

The experts have no clue what's going on day to day, it's madness.


But like ya been saying all along. People can’t really predict any of this. The way some get rich off this is cuz they had larger money to play with and got “lucky”. I wish honestly I got into this type of stuff 10 years ago but it’s a start now and ten years later I’m hoping to have 6 figures off this shyt at least. I will be straight with that. I saw somebody on YouTube doing there portfolio from scratch for 100,000. I would be good with that. I think I need to learn throwing 200, 300 every pay check into something might not be a bad idea if there is some type of dip... I came into this automatically trying to turn 1k into 5k in like less than a year.. I’m bugging.
 
Top