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» More General Categories » Education/Career/Finance » **OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
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post 1619418651 10-15-2020, 07:04 AM
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#1
  1. twovalvekid
  2. N3rd Op3rator
  1. twovalvekid
  2. N3rd Op3rator
  3. Join Date: Sep 2013
  4. Location: Saratoga Springs, New York, United States
  5. Posts: 36,172
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**OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR

Here's a link to Part XI:https://forum.obnoxiousbrutes.com/showt...hp?t=178155381
Here's a link to Part X:https://forum.obnoxiousbrutes.com/showt...hp?t=173638601
Here's a link to part IX:http://forum.obnoxiousbrutes.com/showth...hp?t=169075363
Here's a link to part VIII:http://forum.obnoxiousbrutes.com/showthread.php?=164126631
Here's a link to part VII:http://forum.obnoxiousbrutes.com/showth...hp?t=159164961
Here's a link to part VI:http://forum.obnoxiousbrutes.com/showth...hp?t=154050541
Here's a link to part V:http://forum.obnoxiousbrutes.com/showth...hp?t=148493543
Here's a link to part IV:http://forum.obnoxiousbrutes.com/showth...hp?t=140949141
Here's a link to part III:http://forum.obnoxiousbrutes.com/showth...hp?t=124909341
Here's a link to part II:http://forum.obnoxiousbrutes.com/showth...hp?t=112593781
Here's a link to part I:http://forum.obnoxiousbrutes.com/showthread.php?t=3367271

Welcome to the12th edition of the Trading and Investing Thread!

This will perhaps be one of the wildest markets and financial times in the past century. We will see what the effects of central bank intervention and negative interest rates have done to the world and how this will affect their role moving forward.
US Shares markets have collapsed 30% in a month due to Coronavirus pandemic fears and governments putting aside business and economic functionality in order to try and contain the virus, or so they say.
We will be monitoring the EU and see if BREXIT was just the beginning and if there is still confidence that the Union will last, or will it dismantle and become yet another failed experiment and attempt to nationalize Europe?
The 2020 elections in the US will see rising political discontent as there is no more civility left. Will either side accept the results of the election or will there be riots and unrest following them?
Is there a crisis in liquidity in the bonds market? With the ECB being the sole purchaser of bonds in the EU, what will happen when they stop buying them? Have they technically destroyed the bond market?

The stock market is a game of capital flows and confidence. Know where the safe havens and troubles lie, and you will know what rises and falls.

Good luck, and may your emotions always be kept at bay. Make sound, emotionless decisions, and ask questions!



MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew

RIP YGST
post 1619418791 10-15-2020, 07:06 AM
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#2
  1. chino3
  1. chino3
  2. Join Date: Oct 2012
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More fraud from Wells. How is this company still in business?

https://apple.news/Af7xEXEEiRqWc0HY_UI0bPg
"It won't get better, just different."
post 1619418921 10-15-2020, 07:07 AM
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#3
  1. Venom08
  2. God loves you
  1. Venom08
  2. God loves you
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  4. Age: 33
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In. I made a great amount of money on the second to last thread and then lost almost everything in my thread. Time for a turn of fortune in this one with my new $1000 account.
post 1619419131 10-15-2020, 07:11 AM
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#4
  1. Carbonfibre
  2. Rubber Banding
  1. Carbonfibre
  2. Rubber Banding
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in on new thread.



next week big boys earnings start.
post 1619419221 10-15-2020, 07:11 AM
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#5
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
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In!

Spot sold to rocket mortgages lmfaoooo
post 1619419371 10-15-2020, 07:14 AM
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#6
  1. chino3
  1. chino3
  2. Join Date: Oct 2012
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Originally Posted By Venom08
Markets should’ve set the low leading into the November election for there to have been a strong rally followinga clear Trump victory.What’s going on now tells me that November to January will be absolute chaos. Still looking for a retest of the March lows, or at least within 10% of them on all indices.
Welp you heard it first, Biden is gonna win. Srsly. Thanks venom...
"It won't get better, just different."
post 1619419441 10-15-2020, 07:15 AM
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#7
  1. MediocreGains
  2. Registered User
  1. MediocreGains
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I'm getting double fuked today from tech and metals. The dollar is up 0.50%+ and looks to be climbing, at least until another fake stimulus pump. Going to buy a bit of NET though since it dropped with FSLY.
Originally Posted By chino3
More fraud from Wells. How is this company still in business?

https://apple.news/Af7xEXEEiRqWc0HY_UI0bPg
I remember they were once considered the best out of all the **** banks during the financial crisis. What the hell happened to them?
post 1619420511 10-15-2020, 07:31 AM
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#8
  1. thatsnarf
  2. Registered User
  1. thatsnarf
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RKT put is up over 30% now. 100% swing. more fun than sports betting.
post 1619420941 10-15-2020, 07:37 AM
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#9
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
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Originally Posted By thatsnarf
RKT put is up over 30% now. 100% swing. more fun than sports betting.
Exp?

Earnings in 28 days
post 1619421201 10-15-2020, 07:41 AM
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#10
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  3. Join Date: Aug 2003
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I am new to this shiit, so why everything is red.?I mean all of my stocks are red. I am in the deep end already
post 1619421531 10-15-2020, 07:45 AM
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#11
  1. chino3
  1. chino3
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Originally Posted By MinisterOfLust
I am new to this shiit, so why everything is red.?I mean all of my stocks are red. I am in the deep end already
Picture a massive school of fish. One gets spooked and then the entire schools shifts directions with an occasional potatoes veering off course but eventually catch back up.
"It won't get better, just different."
post 1619421691 10-15-2020, 07:48 AM
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#12
  1. thatsnarf
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  1. thatsnarf
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Originally Posted By topperstyle
Exp?

Earnings in 28 days
11/13
post 1619422191 10-15-2020, 07:56 AM
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#13
  1. headturner1
  2. User title
  1. headturner1
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In on last page.
post 1619422481 10-15-2020, 08:00 AM
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#14
  1. Carbonfibre
  2. Rubber Banding
  1. Carbonfibre
  2. Rubber Banding
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I wonder if SEC is doing jackshiit with insider trading.

There is volume on fasly that nobody would ever buy without knowing stock would be tanking 35%.


36,000 percent gains should set off alarm bells.


................


maybe Zoom shiits the bed on earnings and tanks hard. it looks like its so overbought right now.
post 1619422501 10-15-2020, 08:01 AM
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#15
  1. Heaney
  2. Registered User
  1. Heaney
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Sold my QQQ puts on today's dip for a 76% gain. Left money on the table but can't complain with a 76% return in 3 days.
post 1619422581 10-15-2020, 08:02 AM
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#16
  1. Destor
  2. Registered User
  1. Destor
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Threw another $5k into Canadian Oil averaging down on positions where available, think I'm almost at $60k new money invested this year into my TFSA / RRSP
post 1619422671 10-15-2020, 08:03 AM
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#17
  1. SniXSniPe
  2. Registered User
  1. SniXSniPe
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NIO gang we reppin'
post 1619422911 10-15-2020, 08:07 AM
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#18
  1. dopamine72
  2. Endorphin Junkie
  1. dopamine72
  2. Endorphin Junkie
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Damn a new thread already? We're plowing.

Democrats now testing positive for covid
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
post 1619423631 10-15-2020, 08:15 AM
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#19
  1. SpeedCheeser
  2. 4doorsmorewhores
  1. SpeedCheeser
  2. 4doorsmorewhores
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Originally Posted By galindo62
Actually thanks for reminding think im gonna switch brokers.
For options and spreads I cant use margin on robinhood. For example it will tell me buying power is 10k, but I have 5k "cash". When I try to open spreads or whatever im limited to my "cash"


Edit:

Can anyone confirm if their brokers lets them use margin for options such as cash covered puts?
If you're focused mainly on options then Tastyworks is a pretty good platform. You can buy stocks, but it's really focused around options trading. And of course they offer margin trading.

Margin works a little differently for options though. Your buying power will be whatever cash you have in your account, but the buying power they hold from your account is greatly reduced in a margin account. It's not a loan to use towards securities like with stocks (though that is also included). I think for most stocks it only holds about 20% of the option value as a rough average. Certain high risk underlyings could be more and the amount held can fluctuate based on changes in the market, but as an example yesterday I sold a naked put in WBA at $35 strike and it only reduced my buying power by mid $600 something vs a cash secured put that would have held $3,330.
Misc Firearms Crew

Official Supp. Misc Beer Crew

RIP YGST
post 1619423831 10-15-2020, 08:18 AM
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#20
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
  1. MinisterOfLust
  2. 👽👽👽👽👽👽
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Originally Posted By dopamine72
Damn a new thread already? We're plowing.

Democrats now testing positive for covid
Who got the virus?
post 1619423921 10-15-2020, 08:19 AM
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#21
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
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Any suggestions for a two month position of roughly $15k?

Already bought $2.5k of boeing. Kind of scared of tech stonks right now
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1619424041 10-15-2020, 08:21 AM
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#22
  1. topperstyle
  2. 720 Crew
  1. topperstyle
  2. 720 Crew
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Originally Posted By thatsnarf
11/13
Ballllllzyyyyyy m8
post 1619424301 10-15-2020, 08:23 AM
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#23
  1. Venom08
  2. God loves you
  1. Venom08
  2. God loves you
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Originally Posted By TugOfPeace
Any suggestions for a two month position of roughly $15k?

Already bought $2.5k of boeing. Kind of scared of tech stonks right now
SDOW lol
post 1619424321 10-15-2020, 08:24 AM
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#24
  1. SpeedCheeser
  2. 4doorsmorewhores
  1. SpeedCheeser
  2. 4doorsmorewhores
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Originally Posted By taf
Gotta say, I really enjoy watching what the younger bros do here and love that you're thinking about growing your worth early on. The vast majority of my investments are in my 401k (pretty much only choices are limited mutual funds) and a taxable Etrade account that is very much skewed to index/mutual funds (SPY,VTSAX, TRBCX primarily). I've been playing a little bit with some individual stocks, but a pretty small gain in those other funds tends to be a chitload more $$ than a huge gain in the individual stocks. But I'm trying to pick up some knowledge along the way to improve my retirement nest egg. That's looming closer than I care to think about.

I was a little later to the game than I'd have preferred. Started saving/investing close to 32 years old. But got more aggressive as soon as I was able. Can tell you that there's a lot I wish I paid more attention to early on and was more intricately involved in with regard to research and strategies. I would probably have been a little further along than I am now. But I'm in pretty good shape for the shape I'm in.

Funny part is . . . if you would have told me when I was 20 that I'd have the investments that I have now by my current age, I would have been pretty thrilled with it. But actually being there, it doesn't seem like nearly enough. Start early. Be consistent. Invest in yourself before you invest in "stuff" you could do without. It will pay off.
Yeah, I'm in a similar boat. I didn't really get stared into saving until right around 32 as well. I'm getting the max match I can out of my company's 401k and trying to keep contributions to a Roth to max that as well. I have a couple small taxable accounts as well that I'm mostly just trading off of old balances before I buckled down and opened my Roth. I think I'm on the right track to be in a decent position in my old age, but man it's a real bummer thinking about where I could be if I had been smarter earlier on and either retiring early or much more comfortably when I do. What's worse is that I'm an accountant and know this chit and knew better. lol. I just didn't prioritize it early on and kept putting it off. Oh well.
Misc Firearms Crew

Official Supp. Misc Beer Crew

RIP YGST
post 1619424341 10-15-2020, 08:24 AM
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#25
  1. Heaney
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  1. Heaney
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Bought Nov 20 10c on MPLN (was formerly the spac CCXX).
post 1619424361 10-15-2020, 08:25 AM
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#26
  1. FL_Z32
  2. DIY Brah
  1. FL_Z32
  2. DIY Brah
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still sitting on mostly cash
post 1619425541 10-15-2020, 08:42 AM
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#27
  1. Lefticle
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  1. Lefticle
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IN!

Hope you *******s trimmed on Monday like I told you to.
Always Neg Back Crew.
post 1619426621 10-15-2020, 08:59 AM
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#28
  1. Travis99
  2. Philosophy Crew
  1. Travis99
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Anyone have NIO I heard that’s up like 30% all of a sudden. I was thinking of buying puts.
There is no they…
post 1619428631 10-15-2020, 09:20 AM
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#29
  1. forthenoodz
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  1. forthenoodz
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i don't get why people don't put their money in the market

i mean, if covid was the "great depression" of 2000s and the SPY is still going up, what the **** else is going to stop this monster from going even higher?
post 1619428641 10-15-2020, 09:20 AM
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#30
  1. Heaney
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  1. Heaney
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Originally Posted By Travis99
Anyone have NIO I heard that’s up like 30% all of a sudden. I was thinking of buying puts.
It's up like 1000% since March on zero news really other than EV hype.
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