Anyone else trade stocks

[B-ridge]

I believe your odds are better at stocks than casinos. Of course I have lost money but all in all I have made much more money then loss. Tesla. GameStop. Ocugen just to name a few.
rule of thumb that I personally beleive in. I only buy stocks that I believe in. Things that I would buy personally. Once I changed my thinking and strategy this has worked for me very well.
you gotta know when to get in and get out. Im on fidelity and I set limits when I buy. I set a limit when it goes to a low price to sell and when it hits a high price to let me know and I have the option to sell or watch it climb. Part of the reason I started this thread. So we could learn and take tips from each other and hopefully make some money while doing it

 

[king aiptasia]

I believe your odds are better at stocks than casinos. Of course I have lost money but all in all I have made much more money then loss. Tesla. GameStop. Ocugen just to name a few.
rule of thumb that I personally beleive in. I only buy stocks that I believe in. Things that I would buy personally. Once I changed my thinking and strategy this has worked for me very well.
you gotta know when to get in and get out. Im on fidelity and I set limits when I buy. I set a limit when it goes to a low price to sell and when it hits a high price to let me know and I have the option to sell or watch it climb. Part of the reason I started this thread. So we could learn and take tips from each other and hopefully make some money while doing it

Every good casino lets a few folks win to tell about all the money to be made. It is a disgusting racket that destroyed many a good family.

 

[driftin]

I personally don't see the correlation between gambling and most forms of investing in the market. Rules at a casino are explicitly designed to minimize their chances of losing money. The market, IMO, inherently wants to rise over time. The only parts I've been screwed on are taking advice from guests on TV shows like MSNBC, or when you pay the capital gains tax to the gov't (but - you're still coming out ahead. And there's never avoiding taxes). As I posted earlier, choosing individual stocks has been hit or miss for me but index funds are much easier and track overall market performance. With most brokerages you can also get them at very low fees. Then start making regular purchases, dollar cost averaging, and you worry less about short-term drops in the market (and in fact, can look at them as opportunities for buying more shares at discounted prices)

Keeping money in a traditional bank account is good for liquidity and emergency prep, but it earns you nothing. Bank accounts don't even keep up with inflation, and you then pay taxes on what little bank interest you make; frankly you lose money keeping it there. The market is more accessible to the general public than ever before. Invest in the market and your money makes you money off other people's work.

All just my opinion...

 

[Perthegallon]

I have a lot hate relationship with Tilray. Their IPO was squeezed to the mid 300's from $30 a share in a matter of hours a couple years ago. I was involved however I didnt know what a short squeeze was at the time lol. I rode the train with 200 shares @ $70 to $300 and back down to barely $150 b4 I sold not understanding what the heck was going on at the time. I got really lucky that I didnt lose it all.

I believe with legalization potentially looming they are a decent buy especially at sub $20. Who are you buying right now?

Dude you made me 35$ off 70 lol thank you

 

[Reeflux]

Anyone agree its time to get a big position with SLV?

Another squeeze coming?

Not to mention everyone is bullish on silver anyway in 2021.

 

[AmaleeC]

Came to reef2reef just to see if anyone owns Dogecoin & I was surprised some of you do lol I just invested 60% of my paycheck to pay for my courses these next few semesters. To the moon!

 

[DinoMagnet]

Came to reef2reef just to see if anyone owns Dogecoin & I was surprised some of you do lol I just invested 60% of my paycheck to pay for my courses these next few semesters. To the moon!

Yup, safemoon is another one

 

[mijan]

Came to reef2reef just to see if anyone owns Dogecoin & I was surprised some of you do lol I just invested 60% of my paycheck to pay for my courses these next few semesters. To the moon!

I bought quite a bit of Dogecoin a couple months ago when it was at .06

 

[Johniejumbo]

I bought doge when it was .004 and I felt great selling it when it went over a penny lol. Now I’m really kicking myself! It was only about 5k coins so I’m not too upset. Would have been nice though.

 

[AmaleeC]

I bought doge when it was .004 and I felt great selling it when it went over a penny lol. Now I’m really kicking myself! It was only about 5k coins so I’m not too upset. Would have been nice though.

Ugh. We’re in the same boat buddy. I sold at .05 and now it’s at about .40. I was planning on buying again when it hit .03 again, but it’s only gone up! So I recently invested $650 at .25 and now it’s almost to .5 so I’m pretty happy about that. I may have to withdrawal soon though, which makes me sad. But my course payments are coming up.

If you’re interested, invest in Safemoon!

 

[Johniejumbo]

Ugh. We’re in the same boat buddy. I sold at .05 and now it’s at about .40. I was planning on buying again when it hit .03 again, but it’s only gone up! So I recently invested $650 at .25 and now it’s almost to .5 so I’m pretty happy about that. I may have to withdrawal soon though, which makes me sad. But my course payments are coming up.

If you’re interested, invest in Safemoon!

Haven’t looked into safe moon yet. How do you buy it?

 

[Vinman]

$CARR
$CCL
$SNLD
$BBRW
$SIML
$OZSC
$HCMC
$GTEH
$COUV
$GRSO
$ETFM
$DPLS
that's what I'm in and of today

 

[kzenoni]

We have a lot invested in the stock market. Took a big hit with covid but it’s going back up. The profit is our play money.

 

[Vinman]

$CARR
$CCL
$SNLD
$BBRW
$SIML
$OZSC
$HCMC
$GTEH
$COUV
$GRSO
$ETFM
$DPLS
that's what I'm in and of today

This stuff is popping today money to be made

 

[B-ridge]

Seems like the money is in cryptocurrency now. Dang shame can’t buy in New York.

 

[Tuffyyyyy]

I used to mine DOGE back in 2013. My foolish self flipped it to BTC and sold I was in college and wanted the money. I've lost sleep over the fact that I could be life-changing rich now if I'd just believed in it going to the moon.

 

[pirate2876]

I've enjoyed the TSLA roller coaster. Invested in ETFs and MOATS mostly, but also APPL and some others. Kicking myself for not getting into cruise lines when they tanked. I should have known DIS would bounce back too. Oh well..

 

[Galvano]

Kicking myself for not getting into cruise lines when they tanked. I should have known DIS would bounce back too. Oh well..

Yes, it was a great year. I remember my friends' sardonic laughter when I bought DVN, HAL, CCL, AAL and M and dallied over CLF and AKS back then. Meanwhile it's getting really hard for a value investor to find any bargains. Only got IBM and KGC lately. IMO better to keep some cash now and be patient.

 

[Vinman]

If your into pennies check out HCMC monday may 3rd at the open you need to buy.

 

[cvysochin]

Started playing with stocks 2 months ago, during the $GME craze, and am absolutely hooked. Came in as a 100% beginner with no understanding of the stock market. Saw so much potential. Now reading 4-5 hrs a day, and watching market daily open-close. Still so much to learn. Discovered options trading a few weeks ago-what an eye opener. Not even particularly interested in holding stocks anymore... aside from selling covered calls on stocks already owned. 100% into options now. 100x leverage, with the ability to get in/out with minimal skin in the game (relatively speaking vs owning 100 shares of stock). After making 335% on a couple puts, literally overnight, I can't believe this is even legal and accessible to anyone. Of course there is risk, and it's not for everyone, but what a thrill.. Meanwhile, some people are content leaving large chunks in their 401k's, earning a measly 6%, 8%, 10%, after risking their investment/tying up their capital for an entire year. Wish I had started sooner.