Saysumthinfunnymike
VOTE!!!
You could set a stop loss if you are concerned, i've had plenty of free time to look at my portfolios and make adjustments lately just keep your eye on things. You always need an exit strategy.
Boiler Room: The Official Stock Market Discussion
You could set a stop loss if you are concerned, i've had plenty of free time to look at my portfolios and make adjustments lately just keep your eye on things. You always need an exit strategy.
Triple digit Tesla share gang been saying thishad a convo with a friend of mine, and we spoke heavy about stocks. the main thing we spoke about was the EV market and how people could get rich off it. He said that people out here got shares in tesla, nio, xpeng, nikola etc which is all good, however if you want score really big in the market you gotta put your money in one or two, one only if you're really serious about it. he said some have 2k in tesla, 2k in nio, 2k in nikola, 2k in xpeng, 2k in or whatever. putting something like 15k in one EV stock and not touching it could turn to 150k or 200k.
he sold his 10 stocks and poured it all in to tesla and peloton. he got 40k in tesla as his EV choice over nio and the rest. the other 10k in peloton. He thinks tesla will allow him to retire this decade due to selling his other stocks to fatten his position in it. he thinks he's gonna sell pton in the next few months to throw in tesla. he believes in it that much and thinks it can do no wrong.
There is always diffrent ways to skin a cat. I would say the key is to know when to cut a stock and when to ride a wave (basically like the late great kenny rodgers said know when to hold them know when to fold them). I don't mind a loss if I can make it back plus a bunch more.
What I mean is this. Remember how I said I made a killing this past May on dollar general? Well I knew dollar general was on a big wave like when the stock was at like 100 a share earlier in like january. So I had a stock that was fluctuating and not really making shyt. My money was locked up like at about 7k in the stock.
I wanted to get out the stock. But I would have a 200 buck loss. But I knew if I dumped the money in dollar general I would make out like a fat rat. Anyway I sold the stock got about 7k back and loss 200 bucks. I dump the 7k in dollar general and it goes on a run. Then covid hits and dollar general goes on another run. Next thing I know I got a 2200 dollar profit. At earnings I sell the dollar general stock for 9200 bucks. A 2200 dollar return.
So in this case I could have kept the money in that other stock waiting for it to fully rebound or cut my loss take the 200 dollar hit. Invest it in something else and ride the wave to a profit.
Anyway all this shyt is gambling. You gonna win some you gonna lose some. The key is to win more than you lose.
Saysumthinfunnymike
VOTE!!!
I believe options are more like gambling. Holding shares of companies that you did a lot of research on gives you way better odds than gambling. Personally I've had to learn more to be patient and trust in my research and trust my theory and since I started doing that it made a huge difference.
Props to everyone makin money in their own way
had a convo with a friend of mine, and we spoke heavy about stocks. the main thing we spoke about was the EV market and how people could get rich off it. He said that people out here got shares in tesla, nio, xpeng, nikola etc which is all good, however if you want score really big in the market you gotta put your money in one or two, one only if you're really serious about it. he said some have 2k in tesla, 2k in nio, 2k in nikola, 2k in xpeng, 2k in or whatever. putting something like 15k in one EV stock and not touching it could turn to 150k or 200k.
he sold his 10 stocks and poured it all in to tesla and peloton. he got 40k in tesla as his EV choice over nio and the rest. the other 10k in peloton. He thinks tesla will allow him to retire this decade due to selling his other stocks to fatten his position in it. he thinks he's gonna sell pton in the next few months to throw in tesla. he believes in it that much and thinks it can do no wrong.
What I do breh is buy the other stocks. Then when they are up sell and roll that into tesla. So basically I use the other stocks to create income that I roll into tesla or PLTR and other stocks I believe will do well.
I believe options are more like gambling. Holding shares of companies that you did a lot of research on gives you way better odds than gambling. Personally I've had to learn more to be patient and trust in my research and trust my theory and since I started doing that it made a huge difference.
Props to everyone makin money in their own way
I wouldn't even call options gambling shyt more like russian roulette...
like i been saying about Slack (WORK), their only path forward was acquisition/merger and lo and behold Salesforce is looking to buy them. If it goes through, welcome to the grown up club of CRM, we beenover here the past 3 years
Yall better listen when I say the same about DBX and even ZM in the long term
and they said "nah"...got damn
Ever since ZM cut a deal with government contractors back in I think april I went all in. Thats when it was like $199 or something like that. Make a good profit too when they did their earning report this summer and the stock jumped almost 200 dollars in one day. As I told brotha @Serious any time companies start getting them government contracts thats easy safe shooting fish in the barrel money for investors. Cause them companies can't play that horse shyt fumbling the bag BS and filing for bankruptcy. Mothafukkas gonna be doing federal time playing games with that government contract money.
I believe options are more like gambling. Holding shares of companies that you did a lot of research on gives you way better odds than gambling. Personally I've had to learn more to be patient and trust in my research and trust my theory and since I started doing that it made a huge difference.
Props to everyone makin money in their own way
I agree. That's why I don't really rock with options. I've lost so much money with options you wouldn't believe. When I rock with stocks outright I win way more than I lose. Doesn't feel like gambling at all.
Yeah them boys and girls on reddit be rolling that YOLO shyt rocking them options. Kats talking they be up 50k and then being down 150k in a month...
.Man fukk that shyt. My wife coworker talking about she wants to put us on game with them options. I was like hell to the naw. I was like how much you made so far....she talking about umm, umm, let me see. Told wifey right there she done lost her ass with them options..
Couple of things. They are involved in this covid tracing and involved in the data for this warp speed project. Covid is running rampid and biden administration will need to clean up this mess. Plus biden administration got war hawks in his organization who got ties to the defense industry.
Palantir got defense contracts and its software has been being used by the government for years.
I don't believe their bull run ends next month and expect it to climb to 40 to 50 bucks at least by the end of the year. Longterm PLTR is a hold IMO cause it has its tentacles in everything. And as I have always said the safest money you can invest in with single stocks are those who do a lot of DoD contracts with the government. Your money/investment is basically funny business (bankruptcy and etc) proof.
You military breh?
yes for a little while longer.
Thats what I thought with your comment. Spent some time in my career working in DoD with government contractor companies.
Anyway it doesn't surprise me. Many of the commercial technology that we use is nothing more than military technology. Many times the government contractors develop the technology and the government owns it. But the government gives the contractors or developers so long after the roll out to the government that they can sell it on the commercial side. Often times its years and years down the line.
An example of this as I am sure you know is that GPS is nothing more than military technology that was later on implementes to the commercial world. At one time the government were loaning out the GPS dats from their government satellites to the commercial world.
Rickdogg44
RIP Charmander RIP Kobe
Yeah them boys and girls on reddit be rolling that YOLO shyt rocking them options. Kats talking they be up 50k and then being down 150k in a month...
Man fukk that shyt. My wife coworker talking about she wants to put us on game with them options. I was like hell to the naw. I was like how much you made so far....she talking about umm, umm, let me see. Told wifey right there she done lost her ass with them options..
up like 15% on my Webull account theta ganging. Little WSB-ish method with weeklies on TNA and TQQQ (along with others)
I dont know where I saw it but it was something like "Hows does a company make money? Answer = Selling products/services"
Sell those options for premiums!
Just not TSLA that shyt mooning
Rickdogg44
RIP Charmander RIP Kobe
Yeh. Most L's seem to be buy options for me
Although straddles seem like easy money with the way some of these stock jump up or down based on Covid news of the day/week lately.