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Thread: **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

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09-05-2021, 05:12 AM
#7411
b b b b but this is the new stock market now guise…. Lmao
Spoiler alert; you die at the end.
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09-05-2021, 05:41 AM
#7412
Originally Posted By greenleaf⏩
Everyone is trading god and the next Warren Buffett in a bull market LOL. You know it always ends in tears.




How the Stonk Queen made $80k trading meme stocks during the pandemic

Meme stocks have been a hot topic since the pandemic. Crum turned them into big profits and a brand.

"Kiersten Crum’s life was that of a typical college student before the pandemic. She attended the University of Kansas, where she was a business administration major, with a minor in dance, and was active in her sorority.

That was until spring break 2020, when she had to leave campus like millions of other college kids due to the Covid-19 pandemic. After being sent home and seeing her father’s bar business completely shut down for several months, Crum decided to drop out of school and help support her family.

Amid financial desperation, she took a leap of faith and started investing during one of the worst stock market downturns in history. In just over a year, Crum turned an initial $500 investment in Carnival Cruise Lines into an $80,000 portfolio and built a powerful personal brand as the ‘Stonk Queen,’ gaining nearly 200,000 followers on TikTok. She now uses her brand to help educate young investors on how to start investing and grow their net worth."

https://www.cnbc.com/select/how-ston...-during-covid/

^^ To me this is a sign of a downturn when sl00ts make money doing nothing extraordinary
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09-05-2021, 06:12 AM
#7413
Originally Posted By MountainLion84⏩
^^ To me this is a sign of a downturn when sl00ts make money doing nothing extraordinary
Tbf, this has been going on for a while now lmao.
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09-05-2021, 06:37 AM
#7414
Originally Posted By MountainLion84⏩
^^ To me this is a sign of a downturn when sl00ts make money doing nothing extraordinary
More people investing in the market is a sign of a downturn? You’re a raging dumbass lol
See title.

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09-05-2021, 08:07 AM
#7415
TSLA to $3000 confirmed
He/Him/Bro
Let's go Brandon!!
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09-05-2021, 12:40 PM
#7416
Originally Posted By TugOfPeace⏩
irrational exuberance

https://www.investopedia.com/terms/i...exuberance.asp
We've seen a few micro-bubbles (SPACcels, chitcoins, EV) but overall the market shrugs it off and keeps chugging.

It's pretty fascinating tbh.

But, when the ultimately bubble bursts, investors quickly turn to panic selling, sometimes selling their assets for less than they're worth based on fundamentals. The panic that follows a bubble can spread to other asset classes, and can even cause a recession.
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09-05-2021, 01:02 PM
#7417
Originally Posted By Elias373⏩
TSLA to $3000 confirmed
WTF ming
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09-05-2021, 01:14 PM
#7418
TSLA options are pretty much untradable. brb $1725 calls expiring September 2022 are going for $1300 a pop.
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09-05-2021, 02:24 PM
#7419
Originally Posted By TugOfPeace⏩
one of my family friends keeps telling me to get out of the market because back in 2008 or around that time the S&P lost like 80% when it corrected. pretty scary to think what would happen if that scenario played out again. there wasn't nearly as much money printed back then.
meh, market cycles. we'll all survive.
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09-05-2021, 03:01 PM
#7420
Originally Posted By TugOfPeace⏩
one of my family friends keeps telling me to get out of the market because back in 2008 or around that time the S&P lost like 80% when it corrected. pretty scary to think what would happen if that scenario played out again. there wasn't nearly as much money printed back then.

Wait, I thought S&P crashed about ~50% in 2008? AND came back in 2-3 years and went higher than ever before? Not sure thou.

And wouldn’t the money printing prop up the market rather than crash it?

Anyway, put stop losses on everything you own, and have some crypto and gold/silver just in case.
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09-05-2021, 03:32 PM
#7421
Originally Posted By Venom08⏩
TSLA options are pretty much untradable. brb $1725 calls expiring September 2022 are going for $1300 a pop.
How can you argue against this and Cathie


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09-05-2021, 03:49 PM
#7422
Originally Posted By MountainLion84⏩
^^ To me this is a sign of a downturn when sl00ts make money doing nothing extraordinary
She turned $500 into $80,000 in less then a year trading stocks during an extremely volatile risky market.


I wouldn't exactly follow her or take her advice. But that's pretty extraordinary brah. How many females do you know that can turn 500 into 80k during any kind of market? The average female turns $500 into -8k in debt.
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09-05-2021, 04:05 PM
#7423
Originally Posted By Venom08⏩
TSLA options are pretty much untradable. brb $1725 calls expiring September 2022 are going for $1300 a pop.
I would rather be net seller of premium rather than buyer for tsla. Thats where the money is.
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09-05-2021, 04:06 PM
#7424
Originally Posted By kusok⏩
Wait, I thought S&P crashed about ~50% in 2008? AND came back in 2-3 years and went higher than ever before? Not sure thou.

And wouldn’t the money printing prop up the market rather than crash it?

Anyway, put stop losses on everything you own, and have some crypto and gold/silver just in case.
stop loss will most likely not trigger if we see a big crash like that, atleast thats what I keep hearing
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09-06-2021, 02:09 AM
#7425
Originally Posted By lntense⏩
People that hate on meme stocks fail to realize opportunity and fail to adapt to ever changing environments.
this…

don't hate the player hate the game
"Paper money is going away" - EM
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09-06-2021, 05:04 AM
#7426
Originally Posted By lntense⏩
People that hate on meme stocks fail to realize opportunity and fail to adapt to ever changing environments.
Or perhaps they already crush the indexes without using a roulette wheel…

Edit: no green dillys displaying today…. Stocks can still go up in my imagination tho.
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09-06-2021, 05:33 AM
#7427
There's a Canadian investor who keeps touting ticker DND as his absolute no-brainer pick.

$3bil cap, MASSIVE revenue growth….
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09-06-2021, 10:20 AM
#7428
Originally Posted By Lefticle⏩
More people investing in the market is a sign of a downturn? You’re a raging dumbass lol
Projection?
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09-06-2021, 01:46 PM
#7429
Originally Posted By lntense⏩
How many females? You mean how many humans. That’s fuking awesome. But not typical. And the majority of us who have an ounce of understanding and can apply what we see, adapt, etc have killed in the past 1 year.


There are many success stories of this past 1-2 years. It’s NOT typical. Wait for a bear market.


People that hate on meme stocks fail to realize opportunity and fail to adapt to ever changing environments.
memestocks are a gamble… investing in core fundamental metrics is what makes you consistent money over decades.
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09-06-2021, 01:55 PM
#7430
Originally Posted By TugOfPeace⏩
Can't find that ticker. Is it a penny stock?
Canadian stock. So, kind of lol.
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09-06-2021, 02:06 PM
#7431
Originally Posted By DeputyDong5⏩
memestocks are a gamble… investing in core fundamental metrics is what makes you consistent money over decades.
Or just investing everything you have in dog coin last year, 60,000% returns, f_ck my life…
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09-06-2021, 05:51 PM
#7432
Originally Posted By HMFIC_BROWSIN⏩
There's a Canadian investor who keeps touting ticker DND as his absolute no-brainer pick.

$3bil cap, MASSIVE revenue growth….
Lmao at maple syrupcels srs
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09-06-2021, 05:55 PM
#7433
Originally Posted By camaleom⏩
this…

don't hate the player hate the game
You can acknowledge that fluking into meme-squeeze took zero market knowledge and also acknowledge that it was a great trade, the two aren't mutually exclusive. The fact that this lady is charging for investing advice while having zero fundamental knowledge is like me starting a YouTube investing channel when I was up 1100% on spacs in 8 months on literal pure retardation/yolo trades.
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09-06-2021, 06:35 PM
#7434
Originally Posted By guest89⏩
She turned $500 into $80,000 in less then a year trading stocks during an extremely volatile risky market.


I wouldn't exactly follow her or take her advice. But that's pretty extraordinary brah. How many females do you know that can turn 500 into 80k during any kind of market? The average female turns $500 into -8k in debt.
I don't know what she does but sometimes people just hit a lottery ticket and think they figured the game out.

One of the most detrimental thing that happened to me was winning big early.

lol @ stonk queen, surely things will end well for her and her followers.
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09-06-2021, 09:06 PM
#7435
Originally Posted By Slamt⏩
I don't know what she does but sometimes people just hit a lottery ticket and think they figured the game out.

One of the most detrimental thing that happened to me was winning big early.

lol @ stonk queen, surely things will end well for her and her followers.
pretty much this, she got lucky and now she thinks she knows stocks. 1 year gains is not impressive, earn 20-25% in a 10 year time span is impressive because you will be battled tested during down years and high years, everyone can do good during a up year
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09-07-2021, 01:46 AM
#7436
IRNT- What the hell?
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09-07-2021, 05:44 AM
#7437
Originally Posted By MinisterOfLust⏩
IRNT- What the hell?
welcome to the party pal
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09-07-2021, 06:35 AM
#7438
Originally Posted By greenleaf⏩
Everyone is trading god and the next Warren Buffett in a bull market LOL. You know it always ends in tears.




How the Stonk Queen made $80k trading meme stocks during the pandemic

Meme stocks have been a hot topic since the pandemic. Crum turned them into big profits and a brand.

"Kiersten Crum’s life was that of a typical college student before the pandemic. She attended the University of Kansas, where she was a business administration major, with a minor in dance, and was active in her sorority.

That was until spring break 2020, when she had to leave campus like millions of other college kids due to the Covid-19 pandemic. After being sent home and seeing her father’s bar business completely shut down for several months, Crum decided to drop out of school and help support her family.

Amid financial desperation, she took a leap of faith and started investing during one of the worst stock market downturns in history. In just over a year, Crum turned an initial $500 investment in Carnival Cruise Lines into an $80,000 portfolio and built a powerful personal brand as the ‘Stonk Queen,’ gaining nearly 200,000 followers on TikTok. She now uses her brand to help educate young investors on how to start investing and grow their net worth."

https://www.cnbc.com/select/how-ston...-during-covid/

Just lol if new investors make money during this time period and think they understand the stock market.

I guess the silver lining will be the next correction and avg investors will finally understand the fukery the fed and govt do during that time period.

I guess 07-09 wasn't impactful enough to be remembered. There's going to be a lot of broke people in the next correction, and a few winners.
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09-07-2021, 06:43 AM
#7439
hell yeah, portfolio SCREAMING upwards again.
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09-07-2021, 06:55 AM
#7440
made a quick k with friday AMC calls… every start of the week is a big news/conspiracy theory we are going to the moon… so gotta capitalize on the frenzy lol
"Paper money is going away" - EM
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