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Forum ยป If you aren't WallStreetmaxxing are you really gonna make it in life?
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Thread: If you aren't WallStreetmaxxing are you really gonna make it in life?

post 1627356413 01-03-2021, 11:05 AM
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  1. MikeLowrrrey
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If you aren't WallStreetmaxxing are you really gonna make it in life?

Brb taking $6k and buying into 3 different cheap stock options

NIO was $2.50 in March. Tesla was $76 in March. Bitcoin was $3k months back. I know hindsight yada yada, but I'm more persay on gambling hoping something hits big
post 1627356903 01-03-2021, 11:12 AM
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  1. MikeLowrrrey
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Originally Posted By AnotherAlt5⏩
TSLA was not $76 in march.

Also, posts like these are normally taken by pros as a signal that the top is in.
Don't care what the pros think. I'm gambling regardless.

Also Tesla was $76/share back in March.
post 1627356963 01-03-2021, 11:13 AM
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  1. LFAesthetics
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wallstreet betting is the 200iq casino.

but in the end a fool will always be parted from his money, never forget that.
post 1627357943 01-03-2021, 11:27 AM
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  1. Destor
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Even beyond hindsight, you need a combination of risk tolerance and free cash flow to plug money into these things. Those two things tend to be the biggest barriers for most people I think

And then with free cash flow, you need enough for gains to be significant. And you need to buy at a good point, sell at a good point, hodl through the tough times, etc etc etc. Everyone is a genius when the market is rallying, but short-term gains can be equally short-lived
post 1627358173 01-03-2021, 11:29 AM
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  1. MikeLowrrrey
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Originally Posted By AnotherAlt5⏩
TSLA split 5-for-1 in August. It has not traded for $76 in the past 5 years.

If you don't even know basic facts about a stock...
Like I said, I'm gambling.
post 1627358323 01-03-2021, 11:31 AM
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  1. drFEEL
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Originally Posted By MikeLowrrrey⏩
Like I said, I'm gambling.
at least you are smart enough to acknowledge that. some of these fools think they are actually beating the market
-even lifts
-gonna make it or die trying crew
-no fat chicks crew
-#1 career thread creator
post 1627358833 01-03-2021, 11:39 AM
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  1. cookoodbrah
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Originally Posted By Destor⏩
Even beyond hindsight, you need a combination of risk tolerance and free cash flow to plug money into these things. Those two things tend to be the biggest barriers for most people I think

And then with free cash flow, you need enough for gains to be significant. And you need to buy at a good point, sell at a good point, hodl through the tough times, etc etc etc. Everyone is a genius when the market is rallying, but short-term gains can be equally short-lived
this plus the pro have insane algoritms and inside info on what's good.

Its alot like poker every fool thinks they can play because they know the rules, but 81% of the time they are going broke against a pro.

Its ok if you want a punt but id bet on red if your looking to make a significant short term profit
post 1627362703 01-03-2021, 12:22 PM
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  1. MikeLowrrrey
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Originally Posted By drFEEL⏩
at least you are smart enough to acknowledge that. some of these fools think they are actually beating the market
I've actually had an interest in stocks back as a teen. Remember when Netflix first came out and wanted to buy shares, but didn't have a job.

Gonna grab some books and start reading. Since I'm a car guy I'll be looking into EV and Charging stations
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