Boiler Room: The Official Stock Market Discussion

[winb83]

nike's clearly not "that" company anymore, and another jordan is not coming along. i can see the bear case

it's not like a tech company, they're not gonna invent a new world-changing chip or battery or some shyt

It's not a core position of mine. It's less than 1.7% of my holdings. Will continue to buy a share every time I gat paid and possibly shift some dividend payments to buying shares. It will likely never be more than 5% of holdings.

 

[winb83]

PPCIan doesn’t seem to like Nike.

I’m still buying. I think they’ll turn it around but with Amazon down it’s not a huge focus for me.

 

[Mirin4rmfar]

$Hood dip

 

[winb83]

Sold half my Tesla shares that had the higher cost basis. Bought Visa with the proceeds. I'll keep the other half and if it falls below the cost basis I sold for consider adding back but I'm not sure I want to have much invested in a company with such an unstable CEO making the damn thing a political symbol.

 

[FabTrey]

@FabTrey - how is day trading going? I think that may be the way during this term. Too much volatility over night that could swing against you

I'm just chillin' lately. No need for me to hustle daily.

My only swings are

BA, PLTR, IONQ, TEM, MARA, HIMS, TSLA calls. Scaled 70% already.

 

[FabTrey]

ADTX was nice.

Spoiler

I’m shifting my focus to SPY/QQQ 0DTE trades with my small account, refining my strategy to fit my life style. It's much less grind. It wont get my heart pumping like break outs, but still very fun. I’ll stick to trend scalping and only counter-trade on reversal signals using profits only.

Chasing morning breakouts is just too much lately, and waking up at 4 AM pst is a grind.

Now that I have a solid cushion, I’m in no hurry. I’m good with trading once or twice a day and just taking it easy.

 

[FabTrey]

i've been using this indicator. green is buy, red is sell.

this works fairly well with spy/qqq day trade on a trend day. try it with a small size. be patient and don't be greedy. for ex - buy 10 cons, sell 7 after 20% gain, leave a runner @ b/e.

 

[mson]

Would anyone advise buying stocks and flipping them quickly instead of options? I still haven't dipped my toe in contracts. Buying and holding is my game. But this holding for a year plus gets frustrating. Obviously I would have to deal with the tax implications from a quick sell.

 

[Still Benefited]

Would anyone advise buying stocks and flipping them quickly instead of options? I still haven't dipped my toe in contracts. Buying and holding is my game. But this holding for a year plus gets frustrating. Obviously I would have to deal with the tax implications from a quick sell.

I definitely do,swinging is the way to go for me. You can of course do both which is what i do. You can try options to if you have the mentality for it. Ive mostly had success with options on level breaks.


I only hold if i have a high conviction i bought at the bottom now. Not based on a high conviction in the stock. But thats not necessarily a recipe for success by itself. Stocks can go sideways for years. I like w combo of buying stocks at the bottom im willing to hold. Plus buying stocks to swing or short on level breaks.

 

[FabTrey]

Would anyone advise buying stocks and flipping them quickly instead of options? I still haven't dipped my toe in contracts. Buying and holding is my game. But this holding for a year plus gets frustrating. Obviously I would have to deal with the tax implications from a quick sell.

you gotta be on that scanner game and gotta learn how to master the chart. Look for stocks that got RSI under 30 and a falling wedge breakout on the 30-min chart. That’s the kinda move where the big dawgs start loading up, and you ride the bounce.

or if you have an investor mentality, then just buy the dip. i'm talkin major dip. for ex. if you are a TSLA long, then you would've loaded up below $230. if you are PLTR long then you've loaded up on that massive gap down.

if you are into pennies then try moon market or any penny swingers. zalmy is another one. high risk/high reward.

 

[ahomeplateslugger]

Would anyone advise buying stocks and flipping them quickly instead of options? I still haven't dipped my toe in contracts. Buying and holding is my game. But this holding for a year plus gets frustrating. Obviously I would have to deal with the tax implications from a quick sell.

that's one way to do it but your gains will be way less if you're not doing options trading in such a small time frame.

we have similar approaches to stocks because i typically like to buy and hold them for 5+ years to let the business and story play out but will occasionally buy undervalued stocks and sell them after 1-3 years.

what you can do is buy long term contracts. i just started buying contracts that expire 1 year out that is in the money so will see how this goes. it's working for nancy pelosi so why reinvent the wheel

 

[ahomeplateslugger]

been eyeing adobe for a while and finally started a position. people are saying AI will hurt adobe but i don't buy into that. it reminds me of when peopel said chat gpt and AI would hurt Google but they have adapted and are as strong as ever. Adobe's revenue is growing, free cash flow is growing, shares outstanding is going down and the valuation is pretty good right now. i think they will adapt similar to google and use AI to their advantage rather than let it hurt them.

 

[winb83]

The board needs to address this. It's a problem.

Tesla sales fall by 49% in Europe even as the electric vehicle market grows

European sales of Tesla electric vehicles tumbled 49% in the first two months of the year even as overall sales of EVs grew

abcnews.go.com

 

[Bboystyle]

Anyone ever do a yearly portfolio where they update they gains/loses every week? Thinking about doing that as i made one yesterday. Already up $27 off an intial $2300 deposit. I plan on investing 300 to 500 a month.



companies listed and % invested:

Tech stocks:
NVDA - 20%
MSFT - 15%
APPL - 15%
AMD - 10%
GOOGL - 10%
AMZN - 10%


Dividend stocks(gonna reinvest quarterly payouts):

JNJ - 5%
Visa - 5%
PEP - 4%
ABBV - 3%
PG - 3%

 

[the cac mamba]

new trump tariffs next wednesday could kick off some volatility