|
02-16-2021, 08:00 PM | #7336 |
Banned
Join Date: Dec 2012
Casino cash: $10004950
|
|
Posts: 729
|
1 0 |
02-16-2021, 08:08 PM | #7337 | |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
|
Quote:
Land in OP is ****ing nuts.
__________________
Chiefs game films |
|
Posts: 288,676
|
02-16-2021, 08:22 PM | #7338 |
MVP
Join Date: Sep 2019
Casino cash: $3900400
|
Bitcoin 50K
__________________
"although there is evidence of potential violations regarding the handling of classified information, no reasonable prosecutor would bring such a case" - James Comey |
Posts: 17,391
|
02-16-2021, 08:29 PM | #7339 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $1900
|
I prefer to decrease my risk with calls by buying them about 2 months past when I think the stock may hit my strike price. I am ok fronting more money for this to have a greater chance of closing my call in the green. I would probably look at May calls here but hope to close that call on a nice run or a spike day before May.
|
Posts: 46,146
|
02-16-2021, 08:43 PM | #7340 | |
Banned
Join Date: Dec 2012
Casino cash: $10004950
|
Quote:
|
|
Posts: 729
|
02-16-2021, 09:42 PM | #7341 | |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
|
Quote:
1. If the stock is anywhere near the 52-week high, don't buy. 2. Decide your exit point before you buy. This prevents you from reacting emotionally in the moment. 3. The more you invest, the quicker you need to think about getting out. If it's near the 52-week high, or over it, and you've made a few thousand, don't get greedy. This destroyed me with NKLA. I could have 10k profit. Instead I made a couple grand. 4. If the stock tanks, just hold til it goes back up, or you recoup enough that you're comfortable with the loss. You're only going to get burned bad if you try to grab onto something emotionally anyway, at least in my experience. This is what happened to me on NAK and GNUS. I'm holding both because I figure at least one is going up, and I've made enough on my other shit that I don't care about these losses now. They're worth holding at this point just to see if they go up, as they did before. Above all remember this: STONKS ONLY GO UP!!!!!!!!
__________________
Chiefs game films |
|
Posts: 288,676
|
1 0 |
02-16-2021, 09:59 PM | #7342 | |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
|
Quote:
Do you research the companies that you invest in? |
|
Posts: 43,200
|
02-16-2021, 10:18 PM | #7343 | |
MVP
Join Date: Sep 2004
Location: San Diego, CA
Casino cash: $303342
|
Quote:
I bought SQ at a 52w high in early 2020, and am up almost 300%. I bought PTON at ATH, and am up 100%. Point is, in this insane market right now, a 52w high isn't necessarily a barrier to entry. Under normal market conditions, I'd agree with you, though. |
|
Posts: 5,168
|
1 0 |
02-16-2021, 10:44 PM | #7344 |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
Casino cash: $3739601
|
Okay real talk. When is this all gonna cool off, or worse, see a massive correction like 2000 or 2008.
I know, Billion dollar question, but I’m up on the year. Would love to not be holding it all if/when things drop. |
Posts: 12,024
|
02-16-2021, 10:50 PM | #7345 |
MVP
Join Date: Sep 2004
Location: San Diego, CA
Casino cash: $303342
|
Nobody knows. If you're that concerned about it, set some trailing stop losses at a point where you're comfortable with your gains, and ideally, where regular volatility won't trigger it.
|
Posts: 5,168
|
2 0 |
02-16-2021, 11:07 PM | #7346 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
|
Quote:
So if you'll sell off everything on the 25th you'll be fine. |
|
Posts: 40,651
|
3 0 |
02-16-2021, 11:22 PM | #7347 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2780478
|
bs
__________________
Chiefs game films |
Posts: 288,676
|
02-16-2021, 11:40 PM | #7348 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-99523
|
|
Posts: 40,651
|
02-17-2021, 05:52 AM | #7349 | |
Banned
Join Date: Dec 2012
Casino cash: $10004950
|
Quote:
Research? No, I buy whatever has the most rockets and diamonds emojis on Reddit. |
|
Posts: 729
|
02-17-2021, 07:06 AM | #7350 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $1540526
|
That CCIV PM <3
__________________
Adopt-A-Chief: John Dorsey
|
Posts: 18,469
|
|
|