Boiler Room: The Official Stock Market Discussion

[Serious]

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.

Ye that’s honestly what I did before I dropped a penny into the market.....


Hell I think it’s good to back do this quarterly to see what you missed out and how to self improve.

 

[Serious]

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.

Ye idk just gotta be cautious because a lot shyt is running on stupid mode.

 

[old pig]

damn...horrible shyt

 

[ahomeplateslugger]

Chicken genius said he's more bearish than ever on nio. I was actually thinking of adding some shares from here because I can see it running just off these headlines. Most investors probably don't understand the tech behind the announcements but it all sounds nice.

Ye idk just gotta be cautious because a lot shyt is running on stupid mode.

Yeah I hear it. I have cash sitting on the sideline while stocks are going up. Giving me some fomo

 

[bnew]

shoutout to everyone in here and in the coli stock discord group; we caught LMFA early , some are up x3 some are up over 50%

im up over 60%

98 days of investing and my portfolio has gain 53.42% even though I only sold stock three times. i'm just glad i beat that 90/90/90 rule

link invite to the discord?

 

[ISO]

Chicken genius said he's more bearish than ever on nio. I was actually thinking of adding some shares from here because I can see it running just off these headlines. Most investors probably don't understand the tech behind the announcements but it all sounds nice.



Yeah I hear it. I have cash sitting on the sideline while stocks are going up. Giving me some fomo

I’m about to cop NIO on Monday

 

[Deafheaven]

98 days of investing and my portfolio has gain 53.42% even though I only sold stock three times. i'm just glad i beat that 90/90/90 rule

link invite to the discord?

Is this outdated? How can you lose 90% unless youre investing in literal garbage stocks?

 

[Kenny West]

No lit, just suggestions ICLN or TAN

ICLN came up in my research as well, guess im going with that.

Thanks

 

[Rickdogg44]

Im at 100 with a 18.5 average. I had no idea thr merger would be so soon though, gonna have to cop some more on a dip between now and then

From all Im reading I just cant see how this will be anything close to a 20 dollar stock after that. Its almost to easy of a buy to the point Im shocked

I may just warrant gang this ...

 

[No1]

ICLN came up in my research as well, guess im going with that.

Thanks

Yeah, I got ICLN.

 

[bnew]

Is this outdated? How can you lose 90% unless youre investing in literal garbage stocks?

I don't know if it's outdated but i've seen some posts on WSB that are tragic.

 

[Rickdogg44]

This is the ticker people should be buying: IPOE/U.

If you just bought IPOE you don't get the included warrant.

Units and/or just warrants are the way

Wish I knew it a month ago. Im copping units from now on

 

[Hahahaha]

I don't know if it's outdated but i've seen some posts on WSB that are tragic.

This is due to options. You'd have buy stocks in only bankrupted companies to go near 0 lol...

 

[Doomsday]

This is due to options. You'd have buy stocks in only bankrupted companies to go near 0 lol...

Yep. If you have the ability to daytrade, rarely will you take L's like the aforementioned with stocks.

 

[10bandz]

shoutout to everyone in here and in the coli stock discord group; we caught LMFA early , some are up x3 some are up over 50%

im up over 60%

We out here