Stock Trading -or- ReconSWS's Bane

[eddie]

Yay we're back!!!!!!

Okay major regret time for me. I sold Tesla at $1000 (bought at $700) because it was hanging out around $950-1050 for a few weeks. Immediately after it starts mooning out and closed at $1750 today. Time to rethink my entire strategy.

I mean, that's $300 you didn't have before. Small gains > no gains

I have a big put on NIO that it drops like half its current value in a month. It went from 23 cents a contract to 1 cent a contract and no one was buying. For about 15 minutes I thought I was screwed lol. I truly believe the market is gonna take a dip soon, but man it is stressful watching.

[gabe]

I finally got my tax return (wife decided to do paper this year, big mistake) and dumped cash into my Roth IRA. I'm thinking of investing in international stock with it. What are some holdings you guys have? The one British company I have stock in, I did so long ago when it was about $10 a share, and now it's $100+. Wish I would have dropped more in it. I don't want to invest in anything Chinese at the moment, but Japan could be fun.

As far as international stocks, I'd recommend British American Tobacco if you don't have any qualms against tobacco/sin stocks. Good dividend, decent growth, captive consumers. What's not to like????

[gabe]

Yay we're back!!!!!!

Okay major regret time for me. I sold Tesla at $1000 (bought at $700) because it was hanging out around $950-1050 for a few weeks. Immediately after it starts mooning out and closed at $1750 today. Time to rethink my entire strategy.

[ReconSWS]

Haha Axel nice title ;P .. and Russc ain't this some bullshit. I literally swapped to full-bull the day before the 'abberation', got wrecked, went bear, now it's like moonshot lol.

Bellicose :
If Canada is international enough for you, the MJ sector will likely see a run up into elections, since Biden offers legalization, which is a potential catalyst. MJ investors love catalysts. Most of these companies trade primarily on the US exchanges too.

Safest is probably : Canopy Growth / sector leader
Lamest is probably : Aurora Cannabis / sector leader in dilution of stock
Cheapest are : Multi state operators that are penny stocks (MMEN, TILT, etc). Or tech companies that are penny stocks (N - namaste).
Shit that doesn't ever move as well as the rest : APHA, WMD

MJ has been shit lately though.

[bellicose]

I finally got my tax return (wife decided to do paper this year, big mistake) and dumped cash into my Roth IRA. I'm thinking of investing in international stock with it. What are some holdings you guys have? The one British company I have stock in, I did so long ago when it was about $10 a share, and now it's $100+. Wish I would have dropped more in it. I don't want to invest in anything Chinese at the moment, but Japan could be fun.

[ReconSWS]

Anyone remember this post I made on the old MCB? This happened in after-hours one day, when Trumps guy was on CNBC or whatever and they asked "if the China deal DONE" and he said "yeah the jina deal is done" as in over. Then they recant in 10 minutes and this is the chart below.

Now Friday, just now, right after market close, Trump literally says Phase 1/2 trade deals are over, kaput. Market does nothing lmao.

Anyways, I bought SPY puts before hearing that news I guess I am just a glutton for punishment.

7/13 313p x12 @ 0.11 . If spy drops to 313 then my $300 turns to 3000, if it drops to 300 then my 300 turns to 30,000. But... the most likely situation, it will go up or sideways and I will end up with $0.00.

[Siress]

Hmm. Let me check... Yup, looks like they're still there and still earning capital. Lazy investing for the win. Looking at the stock charts, I think I'd have an ulcer if I actively engaged at all this year.

[russc]

Still short, and I've been short through one of the best bull runs in history, lmao.

[Magmoormaster]

I just got involved with stocks. Mostly just long term investments. I've been thinking about doing a call on Ford with the whole Bronco announcement next week but I think I missed the boat.

Oh well. My .02 share in Tesla is already up 35%.

[eddie]

My only major success was a call on AMD back in early June for a gain of ~$240. I bought a bunch of puts that expire in August, and so far its been a bloodbath mainly on NIO. Holding strong! Dogecoin and Ethereum Classic have also been going up a bit, might sell ETC soon.

[Axel]

The markets have been swinging wildly since February. What's worked for you, what hasn't worked, and what strategies are you thinking of trying next?

Please oh please don't take anything posted here as a substitute for sound financial advice. Amateurs only