Boiler Room: The Official Stock Market Discussion

[Astroslik]

portfolio is now down 13k from the highs it touched monday

 

[Tribaligenesis]

I'm not touching any of the trendy meme stops that's been going around.

But I did just drop a grand on CLOV.

This company actually has long term prospects.

I am, this Robin Hood Malarkey pissed me off. It's on principle and the money..

 

[L&HH]

Diamond hands?

Reddit WSB term for holding steady. The opposite of diamond hands is paper hands and selling your postion

 

[L&HH]

I am, this Robin Hood Malarkey pissed me off. It's on principle and the money..

After what happpened yesterday you have to know there's a reason why they're doing what they're doing. They banned the WSB discord, completely stopped people from buying on Robinhood now they're limiting the amount of shares you can buy. Come on it's obvious they're in the shyt

 

[dora_da_destroyer]

i will say, the young yolo'ers better say goodbye to margin accounts and options. brokerages about to make those require crazy capital/holdings

 

[Tribaligenesis]

After what happpened yesterday you have to know there's a reason why they're doing what they're doing. They banned the WSB discord, completely stopped people from buying on Robinhood now they're limiting the amount of shares you can buy. Come on it's obvious they're in the shyt

They artificially lowered volume as well. Making it look like people were selling off. This could end up being a 5k stock ... all for the sake.of the meme

 

[Patrick Kane]

i will say, the young yolo'ers better say goodbye to margin accounts and options. brokerages about to make those require crazy capital/holdings

If we keep holding and cash out, we’ll have that capital

 

[Slim]

portfolio is now down 13k from the highs it touched monday

This is part of why I can't do what y'all do in here. I've been investing for about 10 years and done really well in the past few (obviously bull market) but I usually only view my portfolio 1-2x a month.

I feel like this week alone I've lost some years and I haven't put any money into these YOLO stocks.

 

[newarkhiphop]

 

[who_better_than_me]

i will say, the young yolo'ers better say goodbye to margin accounts and options. brokerages about to make those require crazy capital/holdings

My margin account is crazy. Lol I linked it with my employee stock. That’s my yolo account

 

[Skooby]

This is part of why I can't do what y'all do in here. I've been investing for about 10 years and done really well in the past few (obviously bull market) but I usually only view my portfolio 1-2x a month.

I feel like this week alone I've lost some years and I haven't put any money into these YOLO stocks.

Pick a couple of index funds and solid stocks then dollar cost average. That formula is going to beat most day traders in the end.

 

[Slim]

Pick a couple of index funds and solid stocks then dollar cost average. That formula is going to beat most day traders in the end.

This is basically my exact strategy lol.

I'm fairly passive investor. ETFs and some blue chips and some growth plays I feel are good long holds.

 

[dora_da_destroyer]

This is part of why I can't do what y'all do in here. I've been investing for about 10 years and done really well in the past few (obviously bull market) but I usually only view my portfolio 1-2x a month.

I feel like this week alone I've lost some years and I haven't put any money into these YOLO stocks.

i mean it's unrealized losses, not actual losses on investment. TSLA was damn near 900/share on Mon, today it's been under 800, PLTR 40 vs 35, AAPL was 145 vs 133, TDOC was 290 vs 264, BIGC 90 vs 80, TAN 125 vs 108, etc....nothing fundamentally changed about these stocks, the week of fukkery has simply erased gains as people pull money off the board during this volatile phase

 

[analog]

You're the CEO of Robinhood. Do you not do what Vlad did? Do you let those squeezes drive your company to insolvency? I was upset about it yesterday but I mean he did what he had to do. If Robinhood and other brokers go insolvent the stock market would likely collapse.

I might be missing something here, but how would RH users buying up shares drive them into insolvency? If it it's related to margin - how much were they truly extending to folks?

I'm not familiar with their business enough to understand the risk these trades posed to them, but I hope it doesn't come down to them lending out a considerable amount of money to their users who are new to investing.

 

[Skooby]

This is basically my exact strategy lol.

Yep. My regular investments:

QQQ ETF
Schwab total stock market index fund
Schwab S&P 500 index fund
Mcdonald's
AT&T
Duke Energy

I have some Tesla and might add them to the list.