Boiler Room: The Official Stock Market Discussion

[humminbird]

Let me get that discord invite

Discord?

 

[YaThreadTrashB!]

Discord?

 

[humminbird]

I didn't know this thread had one

 

[Saysumthinfunnymike]

btw this is exactly how the board was last March. Sky was falling and people were like "What if i buy now and it drops further?"

 

[Liu Kang]

The only downside for ETH booming is gas price being ridiculous. Moving some ERC20 token is almost impossible unless you're OK with paying a transaction fee in the hundreds smh.

Days like this is when you need to be able to step your investment game up and be able to buy some puts/shorts.

Ive always been scared to mess with that side of things.

It's good that you scared because it's super easy to lose money on shorts if you don't make it a rule to automatically have stop losses. And I say that by experience Got squeezed 2 years ago off 0.7 BTC trying to short BTCUSD. At the time, BTC was around 5K but that's still my worst L in trading in value lost. I should have had a stop ready to mitigate that L but it seems that my dumb ass needed to learn the hard way for some reason Now, I never enter a thread without a stop, lesson learned.

 

[Doomsday]

I'm green today.

 

[FaTaL]

Let me get that discord invite

Me 2

 

[MeachTheMonster]

 

[Teal.]

Definitely needs to be a Cypto Market Thread in Higher Learning

 

[ahomeplateslugger]

this gotta be the bottom then right?

 

[MeachTheMonster]

this gotta be the bottom then right?

Man I hope so. I’ve been “buying the dip” but I’m outta damn money. This shyt needs to pick up soon.

 

[blues_funk_reggae]

I'm tired of buying the dip , need to see returns

 

[Scholar]

@Starski

 

[GoldenGlove]

agreed. similarly you can buy far out of the money options for cheap with the same or better odds of success. and at least you know what you're betting on. my impression is that most of these coins are straight up scams. the crypto bear market is inevitable, lots of people gonna be left holding worthless bags

The narrative should shift towards this then. Cause this does make a lot more sense.... option trading isn't taught to retail investors who don't have experience tho, so yeah.

 

[chineebai]

QQQ magic level is 332.60, if we can stay above that on a closing basis to continue trend higher.

Days like today are why risk management is the most important thing about trading. Have a plan going in on any stock and execute, don't let emotions derail you from that plan

Chinese names are getting lots of call sweeps right now, NIO, JD, PDD

QQQ can go from red to green, that'll be nuts