Boiler Room: The Official Stock Market Discussion

old pig

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When this collapses the loss porn will be amazing.

there’ll be cautionary tales from those who bought in too high...whatever that price will end up being and those who got in early but left money on the table bcuz they held onto it too long and expected a resurge
 
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old pig

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man, some of the trades my old manager is making DEF got me like fukk a long term srtock :bryan:

some of y’all are relatively young enough that the long term approach is smarter/absolutely worth it...I’ve spent so many years chasing fast money and the irony is I would’ve had just as much as I have now if not more had I taken the slow and steady approach when I began working 20+ years ago and new/cared about building wealth thru investing/real estate
 
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Ohene

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I’m routinely making stop orders about $10 below the current price and if need be buying back immediately after I sell. I’m not getting caught with my pants down when the bottom falls out :hubie:
does your broker have trailing stops? if so just do that with like a 10% trigger

however...beware that you could wake up one morning to a 50% dip
 

Ohene

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I feel your pain. I did not start taking this seriously until March of last year. I tried to absorb all the fundamental analysis I could and totally understood the logic.

With that said and you have way more experience I do, wouldn't we be foolish to it throw something at BB and YOLO :russ:
lol breh...ride the wave/momentum.

its a new frontier. this aint the 80s

Robinhood/Wealthsimple, Algorithmic trading, Twitter...theres so much more factors now. I was just telling my homie who works at a pension fund that all the shyt we learned in school about "valuations" is irrelevant at this point. The Universities need to start doing new research and changing their curriculums accordingly cause that other shyt outdated breh
 
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imagine buying in at $150/share and it goes up to $240 and you are :smugfavre:

Then you wake up and it's $110. You think ok it has more juice it'll go back up and then it doesn't.

One of these days that will happen and thousands of people will be fukked. Deep fukking value isn't going to share his profits with you. Be smart.
 
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