Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Even worse is when a reverse split comes with a $28 "reorganizion fee"

Good advice is never trade in the first 15 min of the market except for stop losses...or to take immediate profits...

From my research...ONLY buy gold..every other precious metal is linked to industry and has no private demand..So as the economy falls so does the demand for silver, platinum etc because they are used mostly in manufacturing...Gold is equally desired for personal $$ and goes up when the economy goes down...and mirrors other precious metals in a stagnant economy...Here's the 1 year on Au, Ag and Pt

 

Sad, but true.

 

I'm still betting on it going up for a while with sports slowly starting to come back. But who knows. I got in at 30 so if it starts going down fast I'll be exiting before I lose anything

 

Mannn...if spotify could drop below $181 today it would cause another pullback and then I can sell my puts!

 

I don't doubt it. It could go to $100, $200, even $300. But when it's at $200, would you hold on for $300? Or get out at $100 because that's huge. This is why I don't trade!

 

Ha that's always the question. I'm only dabbling with $1k in Robinhood for fun to try and get some mod money for the Harley. I just got back in to playing with Robinhood the last couple weeks and so far it's been going well. I expect it to turn on me real soon though as is my luck.

 

Well, robinhood did take from the rich and give to the poor.... so as soon as your rich, robinhood will take it away.

 

Diamond hands

 

Everyone here knows I’ll be out well before 100, I was almost out at 30

 

That was my thinking, I'd get out if it doubled and then cry as it went to 10x.

 

Trailing stop loss and cojones de acero...

 

Trailing stop loss to protect your downside loss, but how do you protect you from yourself (selling too early)? Discipline I guess.

 

Gold has some industry use but most are trying to get away from it basically for this reason - it's expensive...

Set your exit points and be happy to bail out at them regardless of what happens next. Like me and NRGU. My potential bail is at $45 and bail fo-sho is at $50. If I hit 50, I'm out and not caring if it gets to $60, 70, etc. I might ditch before that, BUT the point being, take my gains and be happy once we reach the checkpoints I am giving myself right now. IF the goal is cap gains, that is. Once I hit my set goal, I might leave 10% of the investment in it for example, or re-evaluate and at that point to me it's a "new" investment at buy of $50 instead of $4.70

 

Sell half, hold half...that's how I got from $47 to $150 on DIS...and then watched it fallllllll....and got out 50% at $101...so now I'm at 60 shares from 120 and watched it F%^$#ing go IMMEDIATELY back up to $120...But I bought some NAIL and NRGU and redistributed...but I also used some to bet against the market and ALL Of that failed miserably...Stupid positive sentiment

 

Don't sell unless the trailing stop loss hits?

 

No, the plan is you have a $$ you're happy with...you buy at $10 and say "IF this gets to $30 I'm out..." well on the way to $30, say it's at $18...you say "Well now that I've hit $18 I don't want to lose everything if it pulls back...SO for each $1 it drops I'll sell 10%....That way if it falls back to $10 you'll still have sold 80% at profit and then could re-enter at $10 or put the money somewhere else...Trailing stop isn't used to exit for profit, it's used to prevent complete loss..

 

Crude is back above $34, so the oil companies will soon follow.

 

You can certainly do it that way as well. Whatever works for you.

All that said, a trailing stop definitely can be used as a profit protection measure as the price ratchets up. Particularly as the price exceeds one's target price - as in "let's see how high this goes" while protecting the downside.

 

There we go thats more like it

 

Annnd There's the GNUS CLIIIIIIFFFFF.....
and also come on spotify...keep dropping..