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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
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Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 06-09-2020, 03:10 PM   #5281
Buehler445 Buehler445 is offline
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Quote:
Originally Posted by petegz28 View Post
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.
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Old 06-09-2020, 03:21 PM   #5282
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Quote:
Originally Posted by Iowanian View Post
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/
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Old 06-09-2020, 03:43 PM   #5283
RustShack RustShack is offline
**** That Noise
 
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Quote:
Originally Posted by Hammock Parties View Post
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.
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Old 06-09-2020, 03:54 PM   #5284
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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Quote:
Originally Posted by RustShack View Post
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.
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Old 06-09-2020, 04:10 PM   #5285
Hog's Gone Fishin Hog's Gone Fishin is offline
Fish are scared of me
 
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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.
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Old 06-09-2020, 04:14 PM   #5286
Buehler445 Buehler445 is offline
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Quote:
Originally Posted by Hog's Gone Fishin View Post
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.
He probably is. Those “advisors” typically don’t know shit. They get guidance from the mothership that’s the extent of what most guys know. Exceptions of course exist. I’m sure there are a lot of good ones out there. But you can be a real dumbass and get a job because you’re a good salesman, pass the series 6 and be a company man.

On top of that Ed Jones fees are expensive.
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Old 06-09-2020, 04:25 PM   #5287
Demonpenz Demonpenz is offline
I got Rice cookin in the micro
 
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Quote:
Originally Posted by Hog's Gone Fishin View Post
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.
I have an Edward Jones account that's all you need to know
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Old 06-09-2020, 04:28 PM   #5288
Demonpenz Demonpenz is offline
I got Rice cookin in the micro
 
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Originally Posted by Buehler445 View Post
He probably is. Those “advisors” typically don’t know shit. They get guidance from the mothership that’s the extent of what most guys know. Exceptions of course exist. I’m sure there are a lot of good ones out there. But you can be a real dumbass and get a job because you’re a good salesman, pass the series 6 and be a company man.

On top of that Ed Jones fees are expensive.
supposedly mine has been 42 so far this year and I am still up even after the crash ymmv
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Old 06-10-2020, 08:04 AM   #5289
Doob02 Doob02 is offline
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I think the stocks caught the covid today...
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Old 06-10-2020, 08:07 AM   #5290
KCUnited KCUnited is offline
Cheat Death
 
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Originally Posted by Doob02 View Post
I think the stocks caught the covid today...
Should definitely know more in a couple weeks
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Old 06-10-2020, 08:17 AM   #5291
BigBeauford BigBeauford is offline
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Originally Posted by Doob02 View Post
I think the stocks caught the covid today...
Tesla hit $1k today!
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Old 06-10-2020, 11:54 AM   #5292
Hammock Parties Hammock Parties is offline
I'll be back.
 
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someone just bought 3 million dolla worth

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Old 06-10-2020, 12:20 PM   #5293
lewdog lewdog is offline
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Quote:
Originally Posted by Hammock Parties View Post
someone just bought 3 million dolla worth

I could be making a killing swing/day trading this thing! The daily price swings have been insane.
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Old 06-10-2020, 01:53 PM   #5294
jdubya jdubya is offline
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My etrade has had a glitch the last 2 days and I have been locked out. Been on the phone with them all morning and we figured it out...(my fault, long story) Bottom line is i have to create a new account and transfer funds then. New account wont be ready to go until Monday morning at the latest, maybe sooner. Might be just as well. I like my position at the moment and I already know I would have bought something too high yesterday if I wasnt locked out so it saved me from being a damn fool once already lol.
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Old 06-10-2020, 02:57 PM   #5295
philfree philfree is offline
Indian Twitter
 
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DOCU has been my best performer since I got back into stocks this spring. Up 100%.
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