Board 8 > Stock Topic 10

(+) Yeah! (+)

As the market slowly begins to recover, money can still be made.

In regards to TRVN, I thought this past Monday (yesterday) was the day it was expected to skyrocket. Not next Monday.

Well to be fair I thought it would go up on THIS Monday for sure since it held so strong after the offering which is very rare and the only reason I recommended you buy it because I know your will is weak but I did say next Monday the whole time. I really do feel like this dip is pure market manipulation though.

Thursday is a conference call which should bring some hype which would I expect carry into Monday as bio stocks with hype tend to go up over the weekend.

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Ill monitor it over this week

I would either get back in now with the resolve to hold until like $2.80 no matter how far it dips, or just ignore it and enjoy your tax break on capital losses. If it starts to go up you've already missed your time to buy it.

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At this point I may start using Moonroof as a contrarian indicator.

Ive been saying for a while now to to do the opposite of what I do.

Well, AVCT has continued its downward trend

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Oh wow
Been a while since I invested in Teva (Israel biggest pharmaceutical company) and I thought, hey, they dropped quite a bit from the top and the earnings were good, and they usually bounce back from 11.20 price so...11.50 is a good price to enter!
So I went in
And went to sleep

And I woke up to find it in -15% because of a new US suit against Teva
Panic sold because of course I did
250 dollars went kaput

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the market gon crash and the dollar gon fold
put it all in crypto

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Moonroof posted...

Ive been saying for a while now to to do the opposite of what I do.

Then... Do the opposite of what you want to do?

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If you use your funds you stop lossed at $2.25 (from $2.44 (-$0.19)) to buy TRVN at $2 you effectively lowered your price of entry by $0.06 cause you got out for $0.25 of its fall

Seems like if you ever believed in it, get back in. If you didn't ever believe in it, don't buy in the first place.

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MysticBrohan posted...

the market gon crash and the dollar gon fold
put it all in crypto

I noticed Bitcoin has been doing really well the last couple of months or so.

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Neon reaper, what stock should I blindly buy and sell on ur guidance

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Well I bought $50 more at $2. Should have just fronted the amount I was gonna add from my paycheck cause it's goin back up.

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Nanis23 posted...

Oh wow
Been a while since I invested in Teva (Israel biggest pharmaceutical company) and I thought, hey, they dropped quite a bit from the top and the earnings were good, and they usually bounce back from 11.20 price so...11.50 is a good price to enter!
So I went in
And went to sleep

And I woke up to find it in -15% because of a new US suit against Teva
Panic sold because of course I did
250 dollars went kaput

This makes me thinking
Is anyone here swing trading (or short time investing) REAL stocks?
I mean, real companies and not flavors of the month. Not necessarly the top companies (Apple, Microsoft, Amazon, Tesla) but not penny stocks or high volatility stocks

If you do - do you set a stop loss every time in case the worst happens? like I don't know another 9/11 or whatever disaster can come or suddenly the CEO of the company dies or who knows what
Because I fucking went to sleep. At worse it would be a bad trade day and will finish at -3% or -4% or something
I did not expect..those news

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I've been doing Amazon the last month or so. Sell at 3300+ and rebuy in the low 3,000's

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Nanis23 posted...

This makes me thinking
Is anyone here swing trading (or short time investing) REAL stocks?
I mean, real companies and not flavors of the month. Not necessarly the top companies (Apple, Microsoft, Amazon, Tesla) but not penny stocks or high volatility stocks

If you do - do you set a stop loss every time in case the worst happens? like I don't know another 9/11 or whatever disaster can come or suddenly the CEO of the company dies or who knows what
Because I fucking went to sleep. At worse it would be a bad trade day and will finish at -3% or -4% or something
I did not expect..those news

A lot of people here are investing in big companies, and usually, you've got to be willing to hold for a substantial amount of time to expect any return on your investment. Also, a stop loss will not protect from a major disaster like that. The stock will gap down and your stop loss gets triggered far below the price at which you set it. That's exactly why stocks usually go up - because they are risky! No risk, no reward.

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I think you and Moonroof would probably do better just to forget all about stop losses. You sell when (1) you decide your investment thesis was wrong or (2) your investment succeeded, and there is no longer an advantage in holding further. This whole thing with shoestring stop loss orders just forces you to buy high and sell low, repeatedly.

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red sox 777 posted...

A lot of people here are investing in big companies, and usually, you've got to be willing to hold for a substantial amount of time to expect any return on your investment. Also, a stop loss will not protect from a major disaster like that. The stock will gap down and your stop loss gets triggered far below the price at which you set it. That's exactly why stocks usually go up - because they are risky! No risk, no reward.

Well it was posted during trading hours and the downtrend was gradual but yeah I remember gignatic red candles sometimes
Stop loss wouldn't save me from Intel post earnings, for example. But in this case it would totally have

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Nanis23 posted...

Well it was posted during trading hours and the downtrend was gradual but yeah I remember gignatic red candles sometimes
Stop loss wouldn't save me from Intel post earnings, for example. But in this case it would totally have

Well, you mentioned 9/11. That happened before market I think. But the stop loss might not save you even during market hours. There might just be no buy orders at that price all of a sudden. Then it slides straight through and you sell your shares for the best price available below the stop loss.

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Yeah. I need to hold longer. Lol.

Someone on WSB reported a loss of 98% of their money buying shares (not options) in blue chip companies in 4 months of one of the strongest bull markets we've ever seen. That was with most of his stock picks going up over those 4 months. How did he do it? Buying in when the stocks had already gone up recently and then immediately selling for a loss the moment the stocks started going down. Rinse and repeat.

Now obviously you're not trading with anything like that kind of frequency (he must have been daytrading to generate enough cycles of jumping in and out to lose that much) but I seriously doubt even Warren Buffett could make money if he had to follow these rules:

1. You can't buy a stock until an uptrend has already been established.
2. You must sell a stock the moment it declines 10% from the peak.
3. If you didn't sell at stage 2, you must hold forever until you break even.

It's like putting a handicap on yourself.

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My current strategy is to only buy the dip and sell when I feel like the profit is nice
It..worked..fine? I think? but in such a bull market, I am actually losing more potential money than actually earning it
I just feel like the market can top everyday now and I don't want to be the one to buy the peak
Nice easy profit was buying AMD after they dropped 7% on Monday. So I bought it and made easy 6% on Tuesday

I also bought Square on Wednesday and sold on Thusrday for nice 3% profit. Then it dropped 1% on Friday. It wasn't "dippy enough" so I didn't buy back. And on Monday they gained 7%. Why did I sell like a idiot so early, I don't know

And today I looked at my watchlist and...nothing is in a comfortable buying position now. Everyhing is so high and green.
I mean, look at this shit, besides Teva which I will probably remove from my Watch List because of what happened...everything dropped 1% max today


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red sox 777 posted...

Someone on WSB reported a loss of 98% of their money buying shares (not options) in blue chip companies in 4 months of one of the strongest bull markets we've ever seen. That was with most of his stock picks going up over those 4 months. How did he do it? Buying in when the stocks had already gone up recently and then immediately selling for a loss the moment the stocks started going down. Rinse and repeat.

Now obviously you're not trading with anything like that kind of frequency (he must have been daytrading to generate enough cycles of jumping in and out to lose that much) but I seriously doubt even Warren Buffett could make money if he had to follow these rules:

1. You can't buy a stock until an uptrend has already been established.
2. You must sell a stock the moment it declines 10% from the peak.
3. If you didn't sell at stage 2, you must hold forever until you break even.
It's like putting a handicap on yourself.

This makes a lot of sense

I have a huge DKNG boner but you gotta keep it if you buy now. The boner is sensitive to bad news. It needs a lot of good rub

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Gamblers out there may wanna try CBL. They are super cheap and up on good news that says they aren't gonna go bankrupt. In at $0.23

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Got out at $0.29 for +$400 not bad!

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I like to at least pretend Im not playing craps with my stock purchases.

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Neon, thoughts on selling off my MSFT for AAPL or AMD? MSFT has been spinning its tires and I think the AAPL split is promising.

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apple is a good buy
but really do some research and pick up some XRP before its too late dont say i didnt warn you people

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I already hold AAPL

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I dont know I panicked on MSFT a long time ago

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If anyone here holds NVDA, sell it
Because I am holding for the earnings and I am always wrong
So sell
For your own good

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So at this point CAR accounts for almost 150% of my total profits this year. I think CAR + LK comes out to almost 200%.

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AVCT is now below where it was before the Kandy purchase was announced. It's looking very tempting now.

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I think it'll break 500 on earnings call but dont quote me on this

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I am afraid of NVDA earnings
Hold my hands

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masterplum posted...

I like to at least pretend Im not playing craps with my stock purchases.

Well it was going up on news that said it wouldn't be going out of business soon and hadn't gone up much yet. It was a fairly safe flip play if you could stomach buying a stock that costs $0.23. I'm just glad I got out at $0.29. It's almost fallen back all the way to $0.23 (and I'm kinda tempted to buy it again if it does because it feels very safe to go higher)

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On safer notes when do I have to buy apple by to split my stock. Is it already too late?

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Lopen posted...

On safer notes when do I have to buy apple by to split my stock. Is it already too late?

• The record date is Aug. 24, 2020. You must own Apple shares as of this date to be eligible to receive the additional shares created by the split.
• The split date is Aug. 28, 2020. That's the day the split takes place.
• The ex date is Aug. 31, 2020. That's the day when AAPL shares will start trading at the new, split-adjusted price.

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Looks like the market is not sure what to do with NVDA
Earnings were good but the stock is too high so...it's hovering around minus 1% in after trading
Which doesn't mean anything
Not selling yet

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What's the rationale for buying AAPL pre-split?

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barreldragon88 posted...

What's the rationale for buying AAPL pre-split?

The lower price will cause a surge of new investors to buy in.

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I'm going to buy some Cooper Tire (CTB) tomorrow. Trump's calling for a boycott of Goodyear and CTB is apparently the only other major American tire company.

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Gan volatility premiums are insane right now. Last chance to get in

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I bought ONE share of APPL

I'm such a responsible investor

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greengravy294 posted...

I think it'll break 500 on earnings call but dont quote me on this

I was close (but no cigar)

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masterplum posted...

Gan volatility premiums are insane right now. Last chance to get in

I dont even know what a gan is. Is it anything good like amazon

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Lopen posted...

I bought ONE share of APPL

I'm such a responsible investor

I'm proud of you bro

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