Boiler Room: The Official Stock Market Discussion

[mannyrs13]

How so.

Problem is you're looking at it from the perspective of a single guy, with no kids.

The primary demographic was kids breh.

IDK about Florida, but out here a movie ticket for an Adult and a kid is like $35.

That's not including concessions that kids are going want. If it were in theaters most people would end up spending at minimum like $50. And that's just for two people.


At $30, now a multi generational family, can watch Mulan.

Seems fair to me.

Yeah true that. I have A-List so sometimes I be forgetting how much movie tickets cost. Yeah might be around the same price here depending on peak times plus extra features like imax and whatnot. Standard should be about $15 to $20. Prolly went up to make up for the lost revenue.

 

[Starski]

See man, I'm not against day trading, but when I started loosing some money, I realized I had to switch my strategy.

The key is wealth preservation like @ill said.

But also the key is to be well versed in the various methods and ways to deal with the stock market. This can't be learned overnight, but constantly learning from your errors is the way to go.

No one who hedged their positions should be losing 3 million in a few days.

honestly, after do this for a while / being in the biz to some degree.... I just tell people if u can’t dedicate ya life to finding a process (that’s the problem people try to be good stock pickers .... the greats let their PROCESS pick stocks for them) then just DCA on indexes, a few blue chips. And ya 401k. Maybe swing trade here and there. But I’d you think you going to beat “the suits” ya not....

Try finding some pictures of prominent hedge funds damn places look like nasa

 

[Scholar]

waiting for 5:15pm

 

[Ohene]

2 year options drop next week

this dip gonna have me eating

what you in on breh

 

[Ohene]

See man, I'm not against day trading, but when I started loosing some money, I realized I had to switch my strategy.

The key is wealth preservation like @ill said.

But also the key is to be well versed in the various methods and ways to deal with the stock market. This can't be learned overnight, but constantly learning from your errors is the way to go.

No one who hedged their positions should be losing 3 million in a few days.

if a berh got millions of $ to be investing, a breh better be hedging with options and inverse ETFs

 

[Ohene]

Very very bearish day. Happy i went back in
Next stop 3300 hopefully


Then if mans are lucky 3000

 

[Scholar]

Last second WORK yolo option

 

[Panther]

what you in on breh

combination of XLK and either ARKK or ARKF

 

[Scholar]

Last second WORK yolo option

WORK.
Thank god

 

[Rickdogg44]

@FreshFromATL guess we have to charge the WORK calls to the game

 

[KalKal]

<350 I buy 5 more shares
<300 50

I'm kicking myself for breaking down and buying October $350 TSLA calls today when it hit $345 today. I thought that may have been the bottom.

Question: Is it unwise to buy a call option that expires in 3 days,?

Depends on what you mean by "wise". It's the type of thing that you would only want to spend "gambling" money on, because what you are describing is a true gamble. But gambling every now and then is not necessarily unwise.

2 year options drop next week

this dip gonna have me eating

I've been telling everyone I know who buys options that ETF LEAP calls are probably the way to get rich now.

 

[Ohene]

[ima

@FreshFromATL guess we have to charge the WORK calls to the game

business will never be profitable

 

[Serious]

Opes lowkey been going up

 

[Ohene]

I'm kicking myself for breaking down and buying October $350 TSLA calls today when it hit $345 today. I thought that may have been the bottom.

Depends on what you mean by "wise". It's the type of thing that you would only want to spend "gambling" money on, because what you are describing is a true gamble. But gambling every now and then is not necessarily unwise.



I've been telling everyone I know who buys options that ETF LEAP calls are probably the way to get rich now.

When markets are at all time highs? Maybe a few months ago, but now...meh

 

[Scholar]

I'm kicking myself for breaking down and buying October $350 TSLA calls today when it hit $345 today. I thought that may have been the bottom.

Depends on what you mean by "wise". It's the type of thing that you would only want to spend "gambling" money on, because what you are describing is a true gamble. But gambling every now and then is not necessarily unwise.



I've been telling everyone I know who buys options that ETF LEAP calls are probably the way to get rich now.

If markets calm down and battery day comes through you might come out ok.


Say more about the ETF leaps tho