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05-27-2020, 05:03 PM | #4996 |
I'll be back.
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FYI if you're still in on MARK, the yahoo board is absolutely hilarious.
https://finance.yahoo.com/quote/MARK/community?p=MARK
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05-27-2020, 05:15 PM | #4997 | |
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05-27-2020, 05:57 PM | #4998 |
NFL's #1 Ermines Fan
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I've ridden a couple of stocks down about that same percentage. My CUK stock (Carnival Cruise) and DHC (a provider of assisted living or nursing homes or both) are both down 75 to 80 percent compared to when I bought them. That hurts.
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05-27-2020, 06:59 PM | #4999 |
Fish are scared of me
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I've become a big believer in mutual funds just for this reason. I've tried day trading and it's not a winning proposition. Individual stocks are just too volatile and pot luck at best. I only own two individual stocks at this time and I'm a lot happier knowing while I'm out fishing somebody else is managing my portfolio and that's how they earn their money
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05-27-2020, 07:19 PM | #5000 | |
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Quote:
The Negarian Brothers have a great premise for their system but I won’t pay for it but I know many have done similar. They have a method of identifying unusual option activity in stocks as uses that to tell them what stocks to buy or short. The other thing about day trading is you have to have serious capital if you want to do it for a living. And if you aren’t doing it for a living then you are pretty much just gambling. |
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05-27-2020, 07:21 PM | #5001 | |
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05-27-2020, 07:22 PM | #5002 |
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The play I am setting up for is going to be a huge straddle on the SPY on election night. I will probably take some money off the table the day before. But I can almost guarantee that the day after the election is going to either go way up or way down, thus the straddle.
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05-27-2020, 08:15 PM | #5003 | |
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It's honestly just amazing. I enjoy your postings in here and learn a lot from them. |
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05-27-2020, 08:28 PM | #5004 | |
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Big whoop. You can double your money on some of these pandemic plays.
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05-27-2020, 08:32 PM | #5005 | |
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And you're an idiot if you think 15% is what someone would make. Since you are buying options you could easily walk away with a 200% to 500% return. But I wouldn't expect you to understand these complexities. |
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05-27-2020, 08:34 PM | #5006 | ||
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Quote:
Quote:
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05-27-2020, 08:38 PM | #5007 |
Fish are scared of me
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05-27-2020, 08:39 PM | #5008 | |
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If Biden wins you can expect at least 10% sell off in the blink of an eye on the expectation he is going to raise corporate tax cuts and roll back any regulation changes Trump made. But that would take a sense of understanding the market. You seem to like playing these "get rich quick" stocks which means you have no ****ing idea of wwhat you are doing. |
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05-27-2020, 08:41 PM | #5009 |
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Anyone who says "they are killing it" when the market just made a great run is like a DB talking shit after his QB and offense won a game 45-43.
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05-27-2020, 08:45 PM | #5010 |
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