Boiler Room: The Official Stock Market Discussion

[Xtraz2]

Like I said.....stay yo ass on the sideline bra, if you askin questions like that then you def have much to learn...










I was just like you in December

FRTD is at .06 right now, good buy?

 

[Futuristic Eskimo]

That's wut I said nikka

I wuz talking about shorting, and you said that's not wut it's used for

You said "It's a good way to trade faster when you see opportunity instead of having to wait 3 days until your money clears"

 

[Xtraz2]

You said "It's a good way to trade faster when you see opportunity instead of having to wait 3 days until your money clears"

And wut you think that means?

trading fast (pulling stock out and buying and selling in a rapid succession = shorting)

 

[Futuristic Eskimo]

I've been trolled.

 

[Xtraz2]

I've been trolled.

 

[GoogleMe]

Not these unicorn stocks bro

They're legitimate companies that are going to blow up

 

[Xtraz2]

SPLI ERBB FRTD MINE

 

[Xtraz2]

@Shugg Ross fukk FRTD

wolf saying SPLI gonna blow up on Monday

 

[GoogleMe]

SPLI ERBB FRTD MINE

Breh. I know about these stocks. I don't have to resort to social media because having a scanner shows me what stocks are trading what. They are great pumps, but remember, the SEC can get involved at any time and halt the stock.

 

[Xtraz2]

Breh. I know about these stocks. I don't have to resort to social media because having a scanner shows me what stocks are trading what. They are great pumps, but remember, the SEC can get involved at any time and halt the stock.

Where do I get a scanner?

why would SEC half tha stocks, wut are tha chances of them doing that

 

[Catatafish]

MINE pissing me the fukk off i just wanted to quick flip this bytch and now I can't break even. I love the charts on this it looks to be coiling but my common sense is seriously questioning if this can rocket again like that with the THC product PR already out and the company a long way away from having strong financials, even with Wolf pumping it.

also finally got approved for options

 

[ill]

And wut you think that means?

trading fast (pulling stock out and buying and selling in a rapid succession = shorting)

Shorting a stock is simply borrowing it from your broker and then repaying him when you want to cash out. Basically you borrow the stock(short) at $10, it loses value to $9 and thats when you sell it. You only have to repay your broker the $9 that the stock is worth now, therefore pocketing $1 in profit.

If you short the stock at $10 and it rises to $12, you now have to repay your broker at the current $12 level therefore you lost $2.

 

[Xtraz2]

Shorting a stock is simply borrowing it from your broker and then repaying him when you want to cash out. Basically you borrow the stock(short) at $10, it loses value to $9 and thats when you sell it. You only have to repay your broker the $9 that the stock is worth now, therefore pocketing $1 in profit.

If you short the stock at $10 and it rises to $12, you now have to repay your broker at the current $12 level therefore you lost $2.

Wuts tha point of doing that?

 

[L&HH]

Wuts tha point of doing that?

It's sort of gambling. You're betting against your broker. You think a stock will fall, and if you're right the broker owes you money but if you're wrong you owe the broker money. It's kind of a different approach to the stock game

 

[Xtraz2]

Wuts tha best company to trade with and why?

Scott trade, ameri trade, or e trade etc?