Boiler Room: The Official Stock Market Discussion

[Doomsday]

Tesla was in $200 range not too long ago breh. if you just invested in APPL and AMZN and held it for past 15 years then you wouldn't even have to trade cuz you already became a filthy rich millionaire.

i'm all for trading penny stocks as long as it's only 5-10% of the portfolio.

not everyone can make money in penny stocks. it's a dangerous and volatile world that no noobs should ever tryna get into. it aint for everyone cuz it's all hunch and some nikkas mentioning a random ticker symbol.

NETFLIX started out as a penny stock. That logic works for me as well.

You can make that argument about ZOOM, or any stock that blows up. Hindsight is always 20/20, it's still better to flip pennys than to have bluechips.

Also, unless I was a Billionaire (which I'm currently not) I would keep flipping pennies. So stop with the "penny stocks are for poor people" shtick. It's already been exposed that HEDGE FUND insider traders fukked up GNUS, XSPA and IZEA, because they were mad that the average person was making hundreds of thousands off both.

 

[igottabaldhead]

Anyone in on NBRV? Has been so stagnant when they have a big FDA approval tomorrow

 

[ADevilYouKhow]

20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

Good read!

 

[FabTrey]

NETFLIX started out as a penny stock. That logic works for me as well.

You can make that argument about ZOOM, or any stock that blows up. Hindsight is always 20/20, it's still better to flip pennys than to have bluechips.

Also, unless I was a Billionaire (which I'm currently not) I would keep flipping pennies. So stop with the "penny stocks are for poor people" shtick. It's already been exposed that HEDGE FUND insider traders fukked up GNUS, XSPA and IZEA, because they were mad that the average person was making hundreds of thousands off both.

you ain't holding penny stocks long term, so it don't matter. if you held these stocks maybe you are sitting on a gold mine tho. and hindsight ain't 20/20 when you are committed to buy a stock and hold it for long at any period of time.

i guarantee average nikkas will just lose money. they buy high, sell low. all of us tryna time the market, but shyt never works. we jump on a stock that's already pumped. sure, nikkas will get lucky here and there, but at the end of the day you go home empty handed. it's like a casino. most will go home thinking wtf just happened.

i'll be safe than sorry. i'm only gonna trade 5-10% of my portfolio. i'm doing this for fun. i'm not doing it to build my wealth breh. my bread and butter is TSLA and other long term stocks. so far i got lucky with penny stocks, but i ain't gonna make it a habit.

 

[old pig]

That is called a screener. Most popular trading websites/platforms have them for free FYI so unless it does something unique, I wouldn't pay for it personally. Some popular screeners that I have used are:

• FinViz - Good for mixing technical and fundamentals
• TradingView - Very visual and easy to turn into watchlists that you can keep an eye on
• ThinkOrSwim - Much more of a learning curve. Not super intuitive. Powerful though. I use this one since I have a funded ToS account

thanks!

 

[FabTrey]

20-Year-Old Robinhood Customer Dies By Suicide After Seeing A $730,000 Negative Balance

Good read!

repizzle but still shyt is messed up. that should never happen.

 

[Chrishaune]

@Serious

Did you jump on FAMI

 

[the cac mamba]

Oh ok so it’ll basically be like I’m buying 2 shares of QQQ per month or so?

That’s the same thing as what the other brehs we’re discussing with investing $500-1000/month and it amounting to millions as long as you don’t touch it for 25-30 yrs?

Yea I’m still gone go long, but I sold all but 100 of my shares. Gone get back in when it settles and hope it don’t skyrocket before I get a chance to get back in.

the market averages 10 percent, not 15-20. so 500 a month for 30 years comes out to about a million

and if anyone could beat the market over 30 years, that person hasn't been born yet

 

[Doomsday]

you ain't holding penny stocks long term, so it don't matter. if you held these stocks maybe you are sitting on a gold mine tho. and hindsight ain't 20/20 when you are committed to buy a stock and hold it for long at any period of time.

]

I don't hold any stocks unless it's part of my dividend port. Everything is a flip for me.

i guarantee average nikkas will just lose money. they buy high, sell low. all of us tryna time the market, but shyt never works. we jump on a stock that's already pumped. sure, nikkas will get lucky here and there, but at the end of the day you go home empty handed. it's like a casino. most will go home thinking wtf just happened.

Average nikkas don't eat in the stock market because they're average nikkas. Average nikkas don't really eat anywhere.

The stock market is nothing like a casino. It's already been proven a high IQ nikka can get on the stock market and eat. Mathematician's wrote a book on how they made millions in the stock market, and they had no prior experience or education. The stock market comes down to intelligence, but it probably does feel like a casino to the average person.

i'll be safe than sorry. i'm only gonna trade 5-10% of my portfolio. i'm doing this for fun. i'm not doing it to build my wealth breh. my bread and butter is TSLA and other long term stocks. so far i got lucky with penny stocks, but i ain't gonna make it a habit.

nikka I ain't waiting 50 years to make what I can make in 1 year flipping pennies. Plus there is no guarantee those blue chip stocks will stay blue chip (BA comes to mind).

You do what you want though, brotha.

 

[Serious]

@Serious

Did you jump on FAMI

Nah I was watching. I’m shifting money in certain accounts.

 

[FabTrey]

]

I don't hold any stocks unless it's part of my dividend port. Everything is a flip for me.



Average nikkas don't eat in the stock market because they're average nikkas. Average nikkas don't really eat anywhere.

The stock market is nothing like a casino. It's already been proven a high IQ nikka can get on the stock market and eat. Mathematician's wrote a book on how they made millions in the stock market, and they had no prior experience or education. The stock market comes down to intelligence, but it probably does feel like a casino to the average person.



nikka I ain't waiting 50 years to make what I can make in 1 year flipping pennies. Plus there is no guarantee those blue chip stocks will stay blue chip (BA comes to mind).

You do what you want though, brotha.

i'm an average nikka and i'm up 50% this year

average nikkas should just do index funds for steady 12-15% gain and just invest for next 30 years. they maybe average, but that's how you make a mil.


not everybody is high IQ breh. average nikkas don't even know wtf is candlestick charts and they ain't got a clue wtf they are doing. they ain't traders. they just speculate and buy with a damn hunch. there's zero research behind it. they just follow hearsay and put a damn blind faith in it. that's exactly how nikkas lose money. i know ton of these nikkas who bought into penny stock hype and they stop fukkin with them cuz at the end of the day it got them nowhere.

hell that's exactly what i do, but i at least look into wtf the company is about.

 

[FabTrey]

the market averages 10 percent, not 15-20. so 500 a month for 30 years comes out to about a million

and if anyone could beat the market over 30 years, that person hasn't been born yet

most value investors i know average over 15%

i've been averaging 25% for past 3 years. i'm up 50% this year


and i didn't say he should do index funds.


all he gotta do is invest in TSLA.

 

[Doomsday]

i'm an average nikka and i'm up 50% this year

No you not nikka.

I seen your screenshots nikka, stop it.

not everybody is high IQ breh. average nikkas don't even know wtf is candlestick charts and they ain't got a clue wtf they are doing. they ain't traders. they just speculate and buy with a damn hunch. there's zero research behind it. they just follow hearsay and put a damn blind faith in it. that's exactly how nikkas lose money. i know ton of these nikkas who bought into penny stock hype and they stop fukkin with them cuz at the end of the day it got them nowhere.

I agree. That's what I'm saying though. If you put the time and the work in, it's nothing like gambling. You CAN consistently eat. It's not some impossible thing.

 

[the cac mamba]

most value investors i know average over 15%

i've been averaging 25% for past 3 years. i'm up 50% this year


and i didn't say he should do index funds.


all he gotta do is invest in TSLA.

that's why i said 30 i know plenty of people beat the market in the short term. i thought it was literally a fact that no one can or has ever beat it long term

 

[Rickdogg44]

Opti

You in?

Saw they got light disinfecting deal with California. Could be the future of covid cleaning ... need to research more.. but I got in anyways

$OPTI My first one that is really hitting...

My cost basis $0.0031 per share

You guys hang on to it? Or taking the profits and run?