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Forum » **OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
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Thread: **OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR

post 1629932143 01-28-2021, 10:28 AM
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#11191
  1. SpeedCheeser
  2. 4doorsmorewhores
  1. SpeedCheeser
  2. 4doorsmorewhores
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Originally Posted By TheBuffmuffin⏩
What’s the list of brokerages to avoid after this fiasco?

I know Robinhood halted buying on 10+ stocks. Which other ones should I avoid?

Moving my money out of RH
I think I've read that RH, TDA, and E Trade all halted purchases of meme stocks. I think I've seen that Vanguard (lol) and Fidelity are still no restrictions.

So, thinking we should look into a mass exodus into Fidelity. Anyone have any thoughts on them?
Misc Firearms Crew

Official Supp. Misc Beer Crew

RIP YGST
post 1629932223 01-28-2021, 10:29 AM
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#11192
  1. TheBuffmuffin
  2. Registered User
  1. TheBuffmuffin
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Bought some 1/29 $140 Apple calls during that dip to the $138 range, flipped for 90% profit $1800 gain not bad
▲▼▲5'7" Master Race Crew▲▼▲

Jacksonville Jaguars
post 1629932703 01-28-2021, 10:36 AM
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#11193
  1. chalup
  2. Registered User
  1. chalup
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GME gap filled and is moving back up. It could literally do another 300% gain if it keeps this retard buying strength going on it. I'm sure some shorts covered at the lower prices as well making it have even stronger buying power. I'ma LMAO if this goes to 400-500... The biggest FU to wallstreet ever.

If anyone here likes gambling and has 5k to drop i would do it in GME. I thought it would keep tanking but it filled the fukking gap and went right back up.
post 1629932743 01-28-2021, 10:37 AM
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#11194
  1. Travis99
  2. Philosophy Crew
  1. Travis99
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Originally Posted By johnnyboi123⏩
why did RH delist AAL trading as well? Looks like they got scared it was going to get pumped after being up 40% in premarket. Luckily, I sold my leaps for a nice 5k profit right at open.
Sold my leaps as well. It was dropping fast.
There is no they…
post 1629932773 01-28-2021, 10:37 AM
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#11195
  1. Galindo62
  2. neck of peace
  1. Galindo62
  2. neck of peace
  3. Join Date: May 2009
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Been using fidelity to sell puts.
They don't require that much collateral.


If u transfer ur account be prepared to not do anything trading on your robinhood or brokerage you use. You basically have r to be inactive for 2 weeks.

Fidelity app sucks compared to robinhood. But its better than others.
I used to have an AVI of my traps and neck. I changed it a while back and tried editing my user title but this website is glitched and it will not let me change it anymore.
post 1629932923 01-28-2021, 10:40 AM
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#11196
  1. Harry362
  2. Registered User
  1. Harry362
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in on Nokia 2000 shares at 4.89 a share
post 1629933073 01-28-2021, 10:41 AM
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#11197
  1. puristhndrwrth
  2. Registered User
  1. puristhndrwrth
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+5k on gme .total 30k ,25amc 5gme god bless all tradies that wasted yearly earnings on gambling
post 1629933323 01-28-2021, 10:44 AM
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#11198
  1. lockdev
  1. lockdev
  3. Join Date: Nov 2012
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Originally Posted By skinnyntall⏩
I don't like this **** but ...

Fuark. I can't believe I'm agreeing with her on something.

I think this is really blowing the roof off of the whole "American capitalism supports free trade" chit the powers-that-be have been spewing. Looks like it only supports free trade if it benefits the ultra wealthy. If average people start to piss in their cornflakes, the rules need to change.
Misc Entrepreneur Crew
post 1629933463 01-28-2021, 10:46 AM
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#11199
  1. DevilMayRage
  1. DevilMayRage
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Originally Posted By lockdev⏩
Fuark. I can't believe I'm agreeing with her on something.

I think this is really blowing the roof off of the whole "American capitalism supports free trade" chit the powers-that-be have been spewing. Looks like it only supports free trade if it benefits the ultra wealthy.
Libtard MilkTrucks has me on her side for today.
Never Relax
post 1629933573 01-28-2021, 10:46 AM
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#11200
  1. Harry362
  2. Registered User
  1. Harry362
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First AOC tweets about liking rimjobs now this

**** im all aboard the AOC train
post 1629933753 01-28-2021, 10:48 AM
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#11201
  1. SpeedCheeser
  2. 4doorsmorewhores
  1. SpeedCheeser
  2. 4doorsmorewhores
  3. Join Date: Apr 2010
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Originally Posted By Galindo62⏩
Been using fidelity to sell puts.
They don't require that much collateral.


If u transfer ur account be prepared to not do anything trading on your robinhood or brokerage you use. You basically have r to be inactive for 2 weeks.

Fidelity app sucks compared to robinhood. But its better than others.
I don't do a ton of trading in RH anymore anyway. Might wait until I can close out any short term plays and options I still have in there and transfer the long holds once I have.
Misc Firearms Crew

Official Supp. Misc Beer Crew

RIP YGST
post 1629934003 01-28-2021, 10:50 AM
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#11202
  1. lockdev
  1. lockdev
  3. Join Date: Nov 2012
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Originally Posted By Harry362⏩
First AOC tweets about liking rimjobs now this

**** im all aboard the AOC train
Wait wat. Sauce? Would almost vote for/10 if this is true.

She's also been a proponent of protection of sex workers, which might lead to legalized prostitution. One can hope.
Misc Entrepreneur Crew
post 1629934163 01-28-2021, 10:52 AM
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#11203
  1. KingSWRV
  2. Banned
  1. KingSWRV
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Originally Posted By puristhndrwrth⏩
https://streamable.com/g0j9v6
That’s how I felt going into the dumb money live discord lol
post 1629934223 01-28-2021, 10:53 AM
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#11204
  1. Travis99
  2. Philosophy Crew
  1. Travis99
  2. Philosophy Crew
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Originally Posted By Harry362⏩
in on Nokia 2000 shares at 4.89 a share
Godspeed brother. I bought at ath
There is no they…
post 1629934293 01-28-2021, 10:53 AM
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#11205
  1. Travis99
  2. Philosophy Crew
  1. Travis99
  2. Philosophy Crew
  3. Join Date: Jul 2011
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Originally Posted By Harry362⏩
First AOC tweets about liking rimjobs now this

**** im all aboard the AOC train
Wtf I love AOC now
There is no they…
post 1629934303 01-28-2021, 10:53 AM
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#11206
  1. KingKringe
  2. To the Lost.
  1. KingKringe
  2. To the Lost.
  3. Join Date: Aug 2014
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Originally Posted By Harry362⏩
First AOC tweets about liking rimjobs now this

**** im all aboard the AOC train
She's a puppet, she just regurgitattes what her handlers tell her.



Also i love the cognitive dissonance reddit is suffering right now from being labelled alt from the fake media righters because they hit big bankers wallets.
post 1629934433 01-28-2021, 10:55 AM
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#11207
  1. KingSWRV
  2. Banned
  1. KingSWRV
  2. Banned
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I was able to get on Webull to buy AMC at 13$ this morning 1 min before the dip... am I doing it right?
post 1629934463 01-28-2021, 10:55 AM
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#11208
  1. lockdev
  1. lockdev
  3. Join Date: Nov 2012
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Originally Posted By KingKringe⏩
She's a puppet, she just regurgitattes what her handlers tell her.

Also i love the cognitive dissonance reddit is suffering right now from being labelled alt from the fake media righters because they hit big bankers wallets.
It's chit like that that opens people's eyes to the truth. Hopefully redditors will learn from this.
Misc Entrepreneur Crew
post 1629934543 01-28-2021, 10:56 AM
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#11209
  1. Carbonfibre
  2. Rubber Banding
  1. Carbonfibre
  2. Rubber Banding
  3. Join Date: Aug 2010
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dear god.

this is why you don't mess with options when brokers sites are crashing left and right.

this guy accidentally bought 10K GME calls Feb 05 570 strike


by the time he logged in this morning (RBC site was dead) his account got liquidated


post 1629934793 01-28-2021, 11:00 AM
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#11210
  1. DevilMayRage
  1. DevilMayRage
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Originally Posted By Carbonfibre⏩
dear god.

this is why you don't mess with options when brokers sites are crashing left and right.

this guy accidentally bought 10K GME calls Feb 05 570 strike


by the time he logged in this morning (RBC site was dead) his account got liquidated


Never Relax
post 1629935333 01-28-2021, 11:05 AM
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#11211
  1. ApeXXXPredator
  2. Banned
  1. ApeXXXPredator
  2. Banned
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Originally Posted By Travis99⏩
Neither did I


I was gonna buy at $17 because I was hoping it would go back to $24
We are both returd autists
post 1629935343 01-28-2021, 11:05 AM
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#11212
  1. SpeedCheeser
  2. 4doorsmorewhores
  1. SpeedCheeser
  2. 4doorsmorewhores
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Originally Posted By Carbonfibre⏩
dear god.

this is why you don't mess with options when brokers sites are crashing left and right.

this guy accidentally bought 10K GME calls Feb 05 570 strike


by the time he logged in this morning (RBC site was dead) his account got liquidated


How is he negative on purchased options? The most you can lose is what you already paid for them.
Misc Firearms Crew

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RIP YGST
post 1629935563 01-28-2021, 11:07 AM
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#11213
  1. TugOfPeace
  2. 1012 ng/dl
  1. TugOfPeace
  2. 1012 ng/dl
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mind boggling how stupid people are in the market, especially with options. I spent hours and hours of research trying to figure out every angle before creating a single contract for a covered call, meanwhile idiots like the guy above are down a quarter million
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
post 1629935663 01-28-2021, 11:08 AM
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#11214
  1. RobParks2M
  2. mad hatter
  1. RobParks2M
  2. mad hatter
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Originally Posted By SpeedCheeser⏩
How is he negative on purchased options? The most you can lose is what you already paid for them.
I assume he accidentally bought 10,000 contracts and probably used margin to buy them.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
post 1629935883 01-28-2021, 11:10 AM
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#11215
  1. Lefticle
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  1. Lefticle
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Originally Posted By Carbonfibre⏩
dear god.

this is why you don't mess with options when brokers sites are crashing left and right.

this guy accidentally bought 10K GME calls Feb 05 570 strike


by the time he logged in this morning (RBC site was dead) his account got liquidated


Always Neg Back Crew.
post 1629935893 01-28-2021, 11:10 AM
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#11216
  1. Carbonfibre
  2. Rubber Banding
  1. Carbonfibre
  2. Rubber Banding
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Originally Posted By SpeedCheeser⏩
How is he negative on purchased options? The most you can lose is what you already paid for them.
He used margin.

"I decided to buy 100 OTM (Feb 05 570 strike) calls and put in a market order for them before market opened. I estimated the price to be around $100 at most. It ended up filling for just a bit over at 110. That part was fine. But instead of buying 100 calls, I bought 100 contracts. 10,000 calls. I don't think even I'm retarded enough to forget 1 call contract = 100 calls. I'm thinking it was some kind of glitch in their system. Of course I only slept 6 hours last night, so my brain could possibly have crashed.

For some reason, the order went through and I was down nearly a million in cash. I rushed to sell, but my broker's (Royal Bank of Canada) was down. By the time it was back up, GME had crashed. RBC liquidated all my calls for far below what my buy order filled at and destroyed my account. Then, as we all know, GME rebounded. If they didn't touch any of my positions I would have been fine. Taken a big loss maybe but not negative $300k in cash. The interest charged for negative balances is 21% annually."




edit: Actually wait.



he bought 100 calls (those calls feb 5th 570$ strike) were $110 this morning.

so he bought $1.1 million worth of call options.


right now those contracts are trading at $55 each.


why would broker sell on him? he got margin called on wait down? broker protecting their margin? thinking gme will crash and burn.
post 1629936013 01-28-2021, 11:11 AM
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#11217
  1. Travis99
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  1. Travis99
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Originally Posted By ApeXXXPredator⏩
We are both returd autists
I’m in with 1 share at $269
There is no they…
post 1629936533 01-28-2021, 11:16 AM
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#11218
  1. ApeXXXPredator
  2. Banned
  1. ApeXXXPredator
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Originally Posted By TugOfPeace⏩
mind boggling how stupid people are in the market, especially with options. I spent hours and hours of research trying to figure out every angle before creating a single contract for a covered call, meanwhile idiots like the guy above are down a quarter million
In such a rigged game, why would a wage cell even try? Definitely not something to really trifle with in this current atmosphere with this particular stock.
post 1629936613 01-28-2021, 11:17 AM
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#11219
  1. ApeXXXPredator
  2. Banned
  1. ApeXXXPredator
  2. Banned
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Originally Posted By Travis99⏩
I’m in with 1 share at $269
Looks like we are dropping back down again.
post 1629936713 01-28-2021, 11:18 AM
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#11220
  1. Galindo62
  2. neck of peace
  1. Galindo62
  2. neck of peace
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Originally Posted By SpeedCheeser⏩
I don't do a ton of trading in RH anymore anyway. Might wait until I can close out any short term plays and options I still have in there and transfer the long holds once I have.
I'll keep robinhoodbfor the occasional spreads I u buy/sell.

Multiple contracts does eat up profits if you pay 65 cents per contract.
I used to have an AVI of my traps and neck. I changed it a while back and tried editing my user title but this website is glitched and it will not let me change it anymore.
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