Boiler Room: The Official Stock Market Discussion

[aliG]

i'm up about 500 since march 31st. had 75 shares...but sold 37 2 days ago. will prolly buy in before earnings again and just hold until it reaches about $50 a share

what makes you so sure it will hit 50?

 

[Medio]

i did the same thing, put $1000 into robinhood just to learn how stocks work

Year and a half later I'm up 31.4%, but that's only 1300 dollars

Continuous income off of 1k isn't realistic u gotta keep adding money and reinvesting your dividends or try to double up off penny stocks

Edit: @ItzTime covered it

@Made Man Also,could so swing trading along the way, sell high and buy low then wait for the stock to hit the price you sold it at and you made that difference. I'm not good at it, more of a leave it in and watch it grow but going to get more serious about this strategy.

 

[Hiphoplives4eva]

 

[mson]

Roku is planning an IPO for this year

Can someone please put this thread back in Higher Learning?

Why?

 

[Clark Wayne]

Snap getting destroyed. Had a family member wanting to buy after the IPO and told them to not even bother.

 

[Earnings]

For y'all using Robinhood any brehs fukkin with the RobinGold?

 

[Earnings]

@Made Man Also,could so swing trading along the way, sell high and buy low then wait for the stock to hit the price you sold it at and you made that difference. I'm not good at it, more of a leave it in and watch it grow but going to get more serious about this strategy.

Break it down to molecules for me brehther

 

[theworldismine13]

A Prime Investing Avenue to FANG Stocks

 

[Pimp]

you guys trade options?

 

[Hiphoplives4eva]

you guys trade options?

Not yet. I'm trying to learn.

 

[Medio]

Break it down to molecules for me brehther

this is basically what you do, in an example:

1. let's say on Jan 1st you have 1 share in company ABC which is valued at $100
2. Now let's say you think this is a relatively high value for the stock give or take a few months, then you would sell the stock so you now have $100.
3. Now if your intuition or math predictions or business predictions are correct in point 2 then the share value is going to go down.
4. let's say it went down to $90 on Feb 1st and you think it won't go much lower, you are going to buy the share here at $90.
5. So now on Feb 1st you have made $10 on that share on ABC
6. Now you have to hope that the stock on a later date goes back up to $100.
7. Say on March 1st the share is now at $100 again.

You have made $10 on this stock buy selling high and buying low and holding again.
If someone got the stock ABC on Jan1st at $100 and held it then on March 1st their value would also be $100 like you, but you have made $10 along the way, they have not.

You can do this for extremely short periods of time, (seconds/days) or longer (weeks/ months)
When it's weeks/moths it called swing trading

Hope that helps.

 

[Ohene]

as trash as SNAP is, you just know itll be manipulated and go up eventually. the question is when. wonder if i should by some long term calls on it expiring in 2019 or sumn

 

[Pimp]

as trash as SNAP is, you just know itll be manipulated and go up eventually. the question is when. wonder if i should by some long term calls on it expiring in 2019 or sumn

Suicide...

 

[Ohene]

Suicide...

lol
i hear you. but i can almost guarantee itll go above 20 at some point before 2019

 

[aliG]

anyone shorting the VIX like myself?