Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Rain Man]

I'd not realized the fact that the two fully electric car companies are both named after Nikola Tesla. Does he have any descendants who get paid for this, or is capitalism taking advantage of him again?

[petegz28]

How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling

[lewdog]

Originally Posted by petegz28

How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling

Clay is. Then he’s gonna blow all his cash buying some shitty bungalow before the housing market regresses.

American dream baby!!!

[Iowanian]

I was wondering if some of the gurus would share advice on the different selling options.

Example, a stop limit vs a trailing stop.

Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?

I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make.

[petegz28]

Originally Posted by Iowanian

I was wondering if some of the gurus would share advice on the different selling options.

Example, a stop limit vs a trailing stop.

Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?

I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make.

This is correct

[loochy]

Originally Posted by petegz28

How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling

It takes a while to build up that much and it doesn't happen overnight.


I've done great with AAL stock. I bought $1000 at $9.70 a few weeks ago. It has done awesome and it's at $18.44 right now. But guess what? I still only made $900 on a $1000 investment, and that one was very lucky.


You have to invest big money to make big money, and most of us aren't in a position to throw down hundreds of thousands of dollars that we could potentially lose. We have moderate monies that we generally stay safe with (401k investments with diversity) and an even smaller amount that we use to play with day trading.

[RustShack]

My first day went -$15

[petegz28]

Originally Posted by RustShack

My first day went -$15

The best thing that can happen the first time you trade is that you lose $. Sorta puts the reality into it.

[Hammock Parties]

Originally Posted by RustShack

My first day went -$15

You only lose money if you sell.

I didn't sell a ****ing thing today.

[Rain Man]

Originally Posted by RustShack

My first day went -$15

The stock market is a fickle mistress.

[Buehler445]

Originally Posted by petegz28

The best thing that can happen the first time you trade is that you lose $. Sorta puts the reality into it.

Probably better is margin calls. Be on margin once and shit gets real. Shit gets real real fast.

Hilariously I went to this conference KSU put on. Their Econ department had put together this hedging program where you sell puts against your MPCI guarantee I think. I wasn’t to interested in it. But I laughed when the first screen after the title screen said in giant red letters


Do not do this if you haven’t LOST MONEY trading options.


Then he talked for like 3 minutes about trading options wasn’t enough. You had to lose money doing it.

[Hog's Gone Fishin]

Originally Posted by Iowanian

I was wondering if some of the gurus would share advice on the different selling options.

Example, a stop limit vs a trailing stop.

Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?

I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make.

You're probably already aware of this site but if not ,you can punch in any term or question in the search bar and learn stuff in all aspects of stock investing.

https://www.investopedia.com/

[RustShack]

Originally Posted by Hammock Parties

You only lose money if you sell.

I didn't sell a ****ing thing today.

I mean I didn’t “lose”, I didn’t sell anything and I know it was a bit of a down day some I’m not too worried yet.

[Hog's Gone Fishin]

Originally Posted by RustShack

I mean I didn’t “lose”, I didn’t sell anything and I know it was a bit of a down day some I’m not too worried yet.

Watching your investments can be very emotional,just FYI. You'll watch them do really good and feel like you're king of the stock market and then you'll watch them crash and you'll feel like you're the dumbest bastard alive. It's like being a member of CP. You'll need skin a foot thick. And patience.

[Hog's Gone Fishin]

I visited with my Edward Jones advisor yesterday and am now totally convinced they /he , are ****ing dumbasses. I had a suspicion already but now I'm convinced.