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Started By
Message
Posted on 3/12/20 at 10:01 am to dltigers3
quote:
this is just for trying to make some extra cash and not really part of my long term strategy
Same. The $2k+ I'm playing with is barely more than what I would budget for all expenses for a weekend in Vegas. This has a lot more financial upside than Vegas
This post was edited on 3/12/20 at 2:40 pm
Posted on 3/12/20 at 10:05 am to Jake88
Who knows but the government announcement is coming. It isn't like these stocks are going to recover in the near future.
Posted on 3/12/20 at 10:32 am to StringedInstruments
Look at Wall Street Bets on Reddit. There are guys there with 10 million in the bank that started with $1,000
But for every one of those guys, there are 50 who LOST EVERYTHING.
But for every one of those guys, there are 50 who LOST EVERYTHING.
Posted on 3/12/20 at 1:48 pm to I Love Bama
So how does this breakdown look. I can't invest for 2-3 days so all this could change.
Of my 5k
500- GE
1000-TQQQ
1500-DIS
1000-SPXL
1000- RCL
I plan on keeping these until the market corrects somewhat, so minor day to day changes won't affect me. Any big problems with this strategy?
Of my 5k
500- GE
1000-TQQQ
1500-DIS
1000-SPXL
1000- RCL
I plan on keeping these until the market corrects somewhat, so minor day to day changes won't affect me. Any big problems with this strategy?
Posted on 3/12/20 at 1:54 pm to StringedInstruments
You could easily clean up.
A stock I am looking to pick up tomorrow is PK (a Hilton hotel group stock). It usually trades around $30 and is currently barely staying above $9. You could buy a hundred shares now then sell them when they hit $30 again for a nice little profit.
A stock I am looking to pick up tomorrow is PK (a Hilton hotel group stock). It usually trades around $30 and is currently barely staying above $9. You could buy a hundred shares now then sell them when they hit $30 again for a nice little profit.
Posted on 3/12/20 at 2:12 pm to dltigers3
I got some united airlines stock at 47 thinking this would blow over quickly and it’d be back up.
Think I may have jumped the gun on that deal
Think I may have jumped the gun on that deal
Posted on 3/12/20 at 2:40 pm to Bard
I can’t look at shite until tomorrow since my eTrade account is new and I have a waiting period on my money transfer.
Hate to wish further decimation of the market, but if it could just wait until tomorrow to stop dropping.
Hate to wish further decimation of the market, but if it could just wait until tomorrow to stop dropping.
Posted on 3/13/20 at 5:54 am to eScott
quote:
I think oil will continue to drop over the next few weeks. That's my opinion right now, ask me again tomorrow.
I covered and went long yesterday evening but chickened out holding overnight. /BZ over 34.44 and holding for now.
Posted on 3/13/20 at 6:48 am to StringedInstruments
quote:
Is a year considered a long term play? Not looking for “rich quick” scheme but I’d like to make some money for my down payment June 2021.
A year is not reasonably considered long term.
If this is down payment money that you can’t afford to lose, you should reconsider whether to invest in stocks. No one can tell you where this market, or any other market, will be one year from now.
Posted on 3/13/20 at 7:07 am to dirtsandwich
I can afford to lose it. I’ll be pissed if it goes to $0, but it’s not crucial for my plans.
People take advantage of these kind of bear markets and I want to learn how. Seems like there are many investment strategies that I can learn outside of “find a good index fund and hold it 25 years.” I want to try and make money with the market too.
Just don’t know where to start.
People take advantage of these kind of bear markets and I want to learn how. Seems like there are many investment strategies that I can learn outside of “find a good index fund and hold it 25 years.” I want to try and make money with the market too.
Just don’t know where to start.
Posted on 3/13/20 at 7:30 am to StringedInstruments
quote:If you mean another ten percent, then this is the first time I've ever seen the word decimate actually used correctly. Thanks for making the world a better place, even if incidentally.
Hate to wish further decimation of the market, but if it could just wait until tomorrow to stop dropping.
Posted on 3/13/20 at 9:16 am to StringedInstruments
Alright here’s what I went with:
$500 into Disney
$250 into Delta
$250 into SPXL
Not expecting much and fully expect to learn from mistakes, but we’ll see how this goes over the next few months. Only one I may fool around with is SPXL but only because decay scares the shite out of me.
$500 into Disney
$250 into Delta
$250 into SPXL
Not expecting much and fully expect to learn from mistakes, but we’ll see how this goes over the next few months. Only one I may fool around with is SPXL but only because decay scares the shite out of me.
Posted on 3/13/20 at 10:03 am to I Love Bama
R/wallstreetsbets is the best place for investment advice.
It's also great if you need to post some capital losses on your taxes for the next 3000 years.

It's also great if you need to post some capital losses on your taxes for the next 3000 years.
Posted on 3/13/20 at 10:21 am to AllDayEveryDay
Posted on 3/13/20 at 11:00 am to AllDayEveryDay
quote:
R/wallstreetsbets is the best place for investment advice.
There was a Chat with Traders interview with a professional day trader (mainly low price, easily manipulated stocks) and they asked him how he did so well (averaged about a million a year in trading profit). His response was basically, trading against/fleecing the YOLO dumbasses on sites like Wallstreetbets. His words, not mine.
Posted on 3/13/20 at 3:54 pm to Jag_Warrior
Well the ending today was fun.
Day's gain: $66.37
$42.91 from my $250 SPXL investment.
Day's gain: $66.37
$42.91 from my $250 SPXL investment.
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