**OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

[Lefticle]

Who here is buying?

Starting to average into this correction very very slowly

NVDA
TSLA
DKNG
CHWY
FUBO
MSFT

I bought back yesterday. LOL @ me

[lntense]

moass = mother of all short squeezes?

Hnnggg. What’s good for gme seems to be what’s good for amc.

I’m just along for the ride, with a fuk ton(for me) of amc shares.

id give it some time to see if it can break negative sentiment

Have to do what you believe is best for you. I’d sleep on it on any high conviction stocks.

[Skezo]

Is anyone buying the dip on growth stocks? Some of these prices look tempting in the long run but it could also bleed a lot more in the next few months

Depends on the growth stock. Some still have a ways to fall and may bring down soke solid names with them and create a great buying opportunity.

[twovalvekid]

Who here is buying?

Starting to average into this correction very very slowly

NVDA
TSLA
DKNG
CHWY
FUBO
MSFT

If i had the cash i'd be in hard like Peter North.

[lntense]

GME and AMC trolling has been awesome...

they know what is going on and they know it is not sustainable so at some point whether tomorrow, next week or next month something is going to happen

have u seen orthex posting data about the shorts everyday? is mind numbing - numbers don't lie...

Das it. Margin calls are almost imminent.

We would have been called already..

[camaleom]

I like nvda A LOT but I don't have nvda money to get it out hole if it deeps 10-20% more

I had amd but seems to had sell walls all the times so not f'ing with stocks like that lol I have enough with amc and gme sellwalls

[smashedurgfx10]

Is amazon done yet I’m so tempted but so nervous

not convinced anything is done yet

[chino3]

Is amazon done yet I’m so tempted but so nervous

I wouldn't touch unless under $3100, close but no cigar

[dopamine72]

I added more chwy yesterday @ 67
It’s pretty wild the swings it has

Its a good one for sure

I bought back yesterday. LOL @ me

lol ur good bro no more panic selling stay longgggg

If i had the cash i'd be in hard like Peter North.

Don't have much either but working with what I can

Is amazon done yet I’m so tempted but so nervous

no way its done

Have $6k sitting in a roth that I opened yesterday. Thinking to just buy into VOO, but am considering doing that in chunks so I can average down if things get worse. If rates rise, what are the chances we see a dip like that in March?

That's a good plan, buying small amounts little by little here is the way to go. I'm already done buying for the day only used about 15% of my total cash on hand thinking its possible we see lower lows still

[Carbonfibre]

imo I would not rush into tech until we know what impact tapering or rate hike will do when ever it comes.

obviously if you're in it now you can just convert into long term.

its better to leg in late than try predict where bottom is.



lowest analyst price target on amzn is $3500 highest $6000 so...average estimate $3800 so even now you could always go long on amazon.

[Lefticle]

lol ur good bro no more panic selling stay longgggg

It wasn't a panic sell. It was a stop loss. But turned out to be a good idea. Would probably be down another $9k if I didn't sell when I did.

[Destor]

Its a good one for sure

lol ur good bro no more panic selling stay longgggg

Don't have much either but working with what I can

no way its done

That's a good plan, buying small amounts little by little here is the way to go. I'm already done buying for the day only used about 15% of my total cash on hand thinking its possible we see lower lows still

Don’t you pay out the ass in fees doing smaller amounts? Don’t think I’ve done a buy less than $5k just because it’s $10/order regardless of value

[VegasLifter26]

Cashflow Cashflow Cashlow...Know what you own and why you own it. Youre buying companies not tickers and prices. Just remember everyone is a genius in a bull market. Im hardly down today. Why? Cuz i dont just own hype meme stocks. Expect much more pain in the short/medium term epecially when they announce a tax increase which will def affect tech stocks and then a rate hike. This could get ugly..Nasdaq still in the nosebleeds. In 2000 nasdaq dropped 81%.

[jimberee]

I've made a huge mistake

[dopamine72]

It wasn't a panic sell. It was a stop loss. But turned out to be a good idea. Would probably be down another $9k if I didn't sell when I did.

Gotcha

Stop losses can be a b*tch I only use them day trading now

Don’t you pay out the ass in fees doing smaller amounts? Don’t think I’ve done a buy less than $5k just because it’s $10/order regardless of value

No lol I don't pay anything. Most I've caught Schwab doing is charging me 1 cent sometimes. You also get spot price compared to chit like Robinhood that'll charge you above spot price. Schwab is by far the best out of anything I know of, best customer service too.

[Duckliver]

Cashflow Cashflow Cashlow...Know what you own and why you own it. Youre buying companies not tickers and prices. Just remember everyone is a genius in a bull market. Im hardly down today. Why? Cuz i dont just own hype meme stocks. Expect much more pain in the short/medium term epecially when they announce a tax increase which will def affect tech stocks and then a rate hike. This could get ugly..Nasdaq still in the nosebleeds. In 2000 nasdaq dropped 81%.

I’m up 900 today cuz hype meme stock tho

[thatsnarf]

Who wants to jump back into HTZQ with me?

It's only up +60% right now.

we can catch the next 40%

[Destor]

Gotcha

Stop losses can be a b*tch I only use them day trading now


No lol I don't pay anything. Most I've caught Schwab doing is charging me 1 cent sometimes. You also get spot price compared to chit like Robinhood that'll charge you above spot price. Schwab is by far the best out of anything I know of, best customer service too.

Sweet deal, probably nothing like that here in Canada

[chino3]

Don’t you pay out the ass in fees doing smaller amounts? Don’t think I’ve done a buy less than $5k just because it’s $10/order regardless of value

canadian brokerages of piss

[camaleom]

I’m up 900 today cuz hype meme stock tho

this...

money is money js

[1fast1]

If y'all ain't in on that Donald Pump crypto, gonna be missing out.

easy money...

[Elias373]

This is what happens when you have a cognitively deficient President. This mess would never happen under Trump's watch.

[smashedurgfx10]

might wait until tomorrow to decide whether to sell off.

maybe today was the shock after inflation headlines hit home, who knows tomorrow could be a slight rebound

as much as i hate losing money, at least im technically not losing as ive said before. my index positions balance out the losses i'd make.. life goes on

lessons learned:

1) dont over expose to one sector
2) look for value in all stocks
3)set stop losses (i used to do this but i got burnt, set it too close)
4)limit position sizes

[IH8RICE]

This is what happens when you have a cognitively deficient President. This mess would never happen under Trump's watch.

March 2020 would like to have a word.

[taf1968]

You're gonna have to cut me, Mick!

[chino3]

March 2020 would like to have a word.

oh, when the WORLD shut down?

[Harry362]

I cant win on anything

I sell 75x 9c on my UWMC leaps this morning for 0.10 each now they are worth 0.35 when it shoot up

[Venom08]

If y'all ain't in on that Donald Pump crypto, gonna be missing out.

easy money...

What app do I download to do this?

[Venom08]

TSLA has absolute critical support it must hold at $545
https://imgur.com/a/Y3wErEq

[Carbonfibre]

March 2020 would like to have a word.

don't worry he would have made bunch of angry tweets

signed printed copy of dji stock market all time high

yelled at jpow


meanwhile market is run by institutions

nothing can be done about this until fed does something


nobody likes to lose

everyone is on the same boat here.

when your winning its apple to moon etc

trading is difficult if it was easy everyone would be trader