Boiler Room: The Official Stock Market Discussion
About 500 pages ago @Serious recommended that new folks go back and read the thread from mid-March when the crash started. I did it, and it was incredibly helpful. I learned the language of the market, the strategies used by the frequent posters here, which YouTubers to follow, and most importantly, I learned how to approach DD.
Doing this will take a few weeks/months, but it will significantly cut down your learning curve.
Besides, it is free. It just requires diligence, and discipline.
The other thing I did was I told myself that I was not going to invest until I finished this reading project. That stopped me from developing bad habits, and curved my yolo and fomo instincts.
Because of this ,I am able to stick to my plan no matter what's running at the moment.
Motley is fine but they tend to recommend more expensive stocks.
Saysumthinfunnymike
VOTE!!!
Nearly all SPACs follow the same pattern. Huge pop upon acquisition announcement. Cool down. Fluctuates depending on news of when the merger will happen. Run up to merge... more profit taking.... merger goes through, cool down.... then it's treated like any other stock in the market.
So basically what I'm saying is if you didn't take profits the first time, you'll have another opportunity but if you are long term you have to be able to withstand the dips and it will likely create a couple buying opportunities.
So basically what I'm saying is if you didn't take profits the first time, you'll have another opportunity but if you are long term you have to be able to withstand the dips and it will likely create a couple buying opportunities.
Saysumthinfunnymike
VOTE!!!
Oh Im holding this shyt for a while. If the prospects are it hitting 100 or more at some point are true its no reason to sell early. Its not like I need the money immediately
This is the ticker people should be buying: IPOE/U.
If you just bought IPOE you don't get the included warrant.
Saysumthinfunnymike
VOTE!!!
I think the positives with NIO Day are quite clear but the pricing on the ET7 starts at $69k. That's without subsidies so maybe there's a work around there but either way it's not going to be a highly affordable vehicle; Tesla will be pumping out the $25K model by next year.
Either way I'm not selling my Tesla shares or my NIO shares. I think NIO with its Chinese government backing and partnerships is looking like a solid #2 in the game.
Ford had Chevy
It'll be interesting to watch as this progresses.
Either way I'm not selling my Tesla shares or my NIO shares. I think NIO with its Chinese government backing and partnerships is looking like a solid #2 in the game.
Ford had Chevy
It'll be interesting to watch as this progresses.
I think the positives with NIO Day are quite clear but the pricing on the ET7 starts at $69k. That's without subsidies so maybe there's a work around there but either way it's not going to be a highly affordable vehicle; Tesla will be pumping out the $25K model by next year.
Either way I'm not selling my Tesla shares or my NIO shares. I think NIO with its Chinese government backing and partnerships is looking like a solid #2 in the game.
Ford had Chevy
It'll be interesting to watch as this progresses.
A 25k tesla
that has to be a subcompact or some shyt. I'm probs going wheeless for the majority of the year because wfh and covid but I'm def looking to purchse something late this or early next year. I wouldn't mind a tesla
70k as the little brother though, IDK lol. Thats way above entry level luxury prices. Car better be the second coming
ahomeplateslugger
Superstar
one of the best feelings is getting that diamond bag. i can't imagine the feeling of seeing eth run from $4 to 1k
one of the best feelings is getting that diamond bag. i can't imagine the feeling of seeing eth run from $4 to 1k
euphoric...shyt will literally have your head spinning
biggest bag I ever had increased by 8300%
another time I was in a project that I bought in at $0.20
sold my bag at $8
2 days later it ran to $60
that would’ve been a 30000% return
2017 was a ridiculous year
I wish I wasn’t so skittish early on and had gotten serious about it out the gate...shyt like ETH was just $13
shyt I feel I'd be happy with a 100% return on an investment and cats hit universal licks
its really a whole nother finanical world out here
ahomeplateslugger
Superstar
just finished watching this and she said she expects a "doozy" of a correction this year. makes me wonder how bad is doozy now
a 10% is the most i can see the S&P dropping.i will say there's a lot of gaps below to fill that would require more than a 10% drop. like 2/3 gaps get filled so i don't know what to expect. just a wonky market at this point. i can see the market correcting itself when interest rates increase, but that should be good for banks. i might've talked myself into buying more JPM now.
