Boiler Room: The Official Stock Market Discussion
Trump Issues Executive Order to Boost Cryptocurrency Industry
The order signaled that the president intends to promote an industry that faced scrutiny during the Biden administration — and that he has a personal stake in.
WTFisWallace?
All Star
I'm up 380% on PLTR shares, but don't have a lot of em.Did you have leaps going? I am up 300 percent but on shares. Rick dogg showed the wheeling strategy I might have to do that going forward
back in clov too again .holding 960 shares. I have been buying and securing profits and dumping. I may ride it out.
Wished I believed in PLtr more at the time then SOFI. shyt hurts
I'm about 4000 shares deep into CLOV
Sold my PLTR calls to early......left at least 12k on the table.
but a w is a w i guessNo leaps, but definitely considering em. What is the wheel strategy? @Rickdogg44
Rickdogg44
RIP Charmander RIP Kobe
Wheel strategy basically selling a put on a stock/etf at a price you wouldn't mind owning 100 shares (per contract). If/when you get assigned - sell a covered call at a price you want to sell those 100 shares.I'm up 380% on PLTR shares, but don't have a lot of em.
I'm about 4000 shares deep into CLOV
Sold my PLTR calls to early......left at least 12k on the table.
No leaps, but definitely considering em. What is the wheel strategy? @Rickdogg44
Rickdogg44
RIP Charmander RIP Kobe
Had a best day ever few weeks ago with my lighspeed margin account. i'm done trading for next few months.
Congrats! Was this "paper trading" or real. I know you said you wanted to get used to the platform.Mirin4rmfar
Superstar
can't wait, I want to wake up Monday morning a happy man the better SOFI does, the more risk I am willing to take in other stocks.I'm up 380% on PLTR shares, but don't have a lot of em.
I'm about 4000 shares deep into CLOV
Sold my PLTR calls to early......left at least 12k on the table.
No leaps, but definitely considering em. What is the wheel strategy? @Rickdogg44
Hopefully clov's time will come
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Reason why I am in and out, already up 37 percent again, may secure profits again if something funk happens during earnings
I stopped paper trading and started using a margin account.
My strategy isn’t for everyone—I would buy every dip and sell as soon as I turned a profit. I was risking 30k, trading it hundreds of times with 500 or 1000 shares per trade. At one point, I was up 260k, but I ended up giving back the profits in the end.
Above strategy is not something I'll do regularly.
My lesson was that if you are unafraid to lose money, then you can make money. Having a big account size helps. Remember you get 4 times the leverage with a margin account.
For those with small act size, you can try above strategy with 5 to 10 share per trade. Sell when green, buy the dip as long as volume is there. Dont trade past 1030am.
