Boiler Room: The Official Stock Market Discussion

Big Jo

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10% is what I would be looking for, which isn't out of the realm of possibility given the way this NK shyt has been going. Trying to keep my returns in the triple digits, so I've been dropping 2-3 grand on most trades. Most of my money is tied up right now in BABA (up), TX (Even), and SHOP (Up).

TVIX is dangerous cause it's a leveraged fund and moves much faster than a regular stock, in both directions. Great when it goes up, but you can take serious loses over night.

True true. These leveraged ETNS always slope down right? Like every increase is followed by a downtrend?

I took a few grand out of the market when Trump won for this very reason. Feels like the market is on the verge of being highly volatile. If sh1t hits the fan could TVIX be $40+?

Trying to figure out what the possible ceiling really is, given all of the uncertainty.
 

N.J.stan

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True true. These leveraged ETNS always slope down right? Like every increase is followed by a downtrend?

I took a few grand out of the market when Trump won for this very reason. Feels like the market is on the verge of being highly volatile. If sh1t hits the fan could TVIX be $40+?

Trying to figure out what the possible ceiling really is, given all of the uncertainty.

There's something about the underlying decay that causes it to lose value over time? I'm not well versed on all the ins and outs, which is why I get in and out the same day when I trade it. There's also a 25:1 reverse split coming Credit Suisse AG Announces the Reverse Split of its TVIX ETN
 

Big Jo

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N.J.stan

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The 25:1 RS was last year.

We're down at the open today but I'm going to hold onto TIVX at least until the end of the month.

Trump and Kim Jong Un are such crazy b*stards I feel like the only safe bet right now is (ironically) that the market will be volatile

:pachaha: o damn, saw august 2nd on the article, but missed the 2016. My bad. What is your average? Overall I think it's probably a safe bet, I'm just being overly cautious this year since I bumped up to trading thousands at a time instead of hundreds :merchant:
 

Big Jo

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:pachaha: o damn, saw august 2nd on the article, but missed the 2016. My bad. What is your average? Overall I think it's probably a safe bet, I'm just being overly cautious this year since I bumped up to trading thousands at a time instead of hundreds :merchant:

Looks like TIVX is gonna get fried today, unless there's news

Are you holding shares? I bought a decent amount. Might hold through the next week or two just because I still think something could pop off internationally. But I stand to lose a lot of money if nothing does
 

BushidoBrown

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FML, I've been hoping I at least break even with this fggn Under Armour stock but it's been shytty since I bought in November :mjcry:

I need to look into weapons, aircraft companies and municipal bonds, I also have no funds in energy.
dont get discouraged breh
Keep researchig sht you'll be straight
under armor :huhldup:
 

N.J.stan

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Looks like TIVX is gonna get fried today, unless there's news

Are you holding shares? I bought a decent amount. Might hold through the next week or two just because I still think something could pop off internationally. But I stand to lose a lot of money if nothing does

:francis: Today's action is precisely why I don't hold shares. Quick flips only. I didn't take a position. Hope you can recover from today's drop
 

ryderldb

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Is it the right time to buy SNAP?
I see it bouncing back personally. Holding long term
Just based off what I've seen personally using the app, a lot of people who I follow that were active on snap have jumped to IG stories. Unless they release some ground breaking shyt in the future I just don't see how SNAP can make a big bounce back.
 

BushidoBrown

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Just based off what I've seen personally using the app, a lot of people who I follow that were active on snap have jumped to IG stories. Unless they release some ground breaking shyt in the future I just don't see how SNAP can make a big bounce back.
The game so kold :wow:
That boy zuckerberg came thru and straight ripped the whole core of snap and dropped it seamlessly into the gram like "yea what, do somethin lil nikkas":demonic:

might as well start going by the name Deebo :dame:

shyts crazy to watch from the outside looking in :skip:
 

Captain Crunch

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I've been trying to get into stocks using value investing formulas with some issue. Is there a site that already calculated the formulas for stocks already(P/E; P/B, P/S)?
 
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