Boiler Room: The Official Stock Market Discussion

Majestic

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Consolidated my portfolio more. Sold some MSFT and NFLX to acquire more TSLA. Also reduced holdings in NIO.

Bought more FSR

My portfolio is easily 70% TSLA now. Gonna put another 10K into TSLA next week.

Im riding with ELON
you made the right choice. 1- 4 stocks is the way. put most in tesla and before you know it you're retired.
 

Majestic

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why you put entertainment purposes in small letters b :patrice:

But yeah, scared money don't make none. Elon or bust.
friend of mine got 2 stocks. one tesla and the other pton. he's going to sell pton and throw it into tesla. that's should tell you how confident people are about it.
 

Majestic

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I didn’t really wanna say how much of my portfolio Tesla had become but good to see I’m not alone. Got some square like everyone else. And then two small caps with big potential that are doing well for me right now. They should cover Tesla loss at least, if it somehow fails or stays flat long term.

- Low number of stocks helped me miss out on pacb and lca but I’ve done well with what I got. Arkg is on my radar but only got about 900 I want to spend soon so probably look for a smaller cap. Continuing to build my cash position, bit of correction coming.
throw that 9hunnind into wtrh for the flip coming next week
 

Majestic

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:mjlol:AGAIN! What's more likely to happen? 4 stocks will appreciate over time and give you solid gains or 40?

:mjlol: 33 symbols out of 40 being green means nothing. You're spread so thin that the gains mean little, and every little red you see can destroy the entire port.

:mjlol: A lot of newbie traders are spoiled by stocks like TSLA and the quarantine. That reality check that will eventually come is going to be vicious.

:mjlol: Once the stock market returns back to post-quarantine era and the utopia ends, they will be seeing red everyday having that many symbols in their port.
that's if one is naive that to think tesla will keep up this run for the next few months. there'll be be up and downs with it like any other stocks. those who hold tesla long gonna be the victors.
 

Arithmetic

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And that one poster is bullish long term in DoorDash comparing it to Tesla :mjlmao:
Almost half their clientele base ain’t even loyal. This is strictly at best a quick flip of hype .
Not arguing for or against but according to that chart, their customers are the most loyal. And they're the #1 competitor.
 

dora_da_destroyer

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to the # of holdings/holding 7-12 etf's convo earlier, if you picked a premier etf or high performing stock for each sector, you'd be sitting at 11 securities and a diversified portfolio. your # of holdings might be even be in the 10-20 range if you were tracking industries, of which there are currently 69. lots of ways to build a portfolio/investing strat :manny:

  • Energy
  • Materials
  • Industrials
  • Consumer Discretionary
  • Consumer Staples
  • Health Care
  • Financials
  • Information Technology
  • Telecommunication Services
  • Utilities
  • Real Estate
 
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