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» **OFFICIAL** Trading and Investing Thread- Part -XII- Money Printer Go BRRRRRRRR
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post 1630010723 01-29-2021, 08:07 AM
-
#11491
  1. JuicedMayhem
  2. Registered User
  1. JuicedMayhem
  2. Registered User
  3. Join Date: Nov 2012
  4. Posts: 5,449
  5. Rep Power: 31046
What trading platform are you guys using? I’m not fukkin with Robinhood . Will rep
post 1630011073 01-29-2021, 08:12 AM
-
#11492
  1. thatsnarf
  2. Registered User
  1. thatsnarf
  2. Registered User
  3. Join Date: Jul 2013
  4. Posts: 6,200
  5. Rep Power: 21527
Originally Posted By JuicedMayhem
What trading platform are you guys using? I’m not fukkin with Robinhood . Will rep
td been fine for me all this time. i dont option though.
post 1630011173 01-29-2021, 08:13 AM
-
#11493
  1. lockdev
  1. lockdev
  2. Join Date: Nov 2012
  3. Posts: 15,303
  4. Rep Power: 134955
Originally Posted By JuicedMayhem
What trading platform are you guys using? I’m not fukkin with Robinhood . Will rep
Charles Schwab.

They don't fuark around.
Misc Entrepreneur Crew
post 1630011183 01-29-2021, 08:14 AM
-
#11494
  1. skinnyntall
  2. Putt Jatt Da
  1. skinnyntall
  2. Putt Jatt Da
  3. Join Date: Mar 2010
  4. Age: 36
  5. Posts: 3,526
  6. Rep Power: 10990
Originally Posted By juicedmayhem
what trading platform are you guys using? I’m not fukkin with robinhood . Will rep
tda
LAKERS
post 1630011353 01-29-2021, 08:15 AM
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#11495
  1. KingSWRV
  2. Banned
  1. KingSWRV
  2. Banned
  3. Join Date: Nov 2014
  4. Posts: 24,817
  5. Rep Power: 0
The limited trades allowed on RH:



These limits will affect the masses and in turn us, even if we don't use Robinhood...
post 1630011383 01-29-2021, 08:16 AM
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#11496
  1. ItsJamesthefin
  2. Registered User
  1. ItsJamesthefin
  2. Registered User
  3. Join Date: Oct 2012
  4. Posts: 8,909
  5. Rep Power: 81414
Fuk it I'm in. I'll gamble with the hope that this moons to like 1k at some point.
post 1630011403 01-29-2021, 08:16 AM
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#11497
  1. puristhndrwrth
  2. Registered User
  1. puristhndrwrth
  2. Registered User
  3. Join Date: Jul 2019
  4. Age: 56
  5. Posts: 939
  6. Rep Power: 2587
Originally Posted By JuicedMayhem
What trading platform are you guys using? I’m not fukkin with Robinhood . Will rep
Wellsfargo
post 1630011483 01-29-2021, 08:17 AM
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#11498
  1. Jms89
  2. Oh, i like that
  1. Jms89
  2. Oh, i like that
  3. Join Date: May 2012
  4. Location: United States
  5. Age: 37
  6. Posts: 13,070
  7. Rep Power: 42129
Originally Posted By lockdev
Just went balls deep into AMC.

Totally going full retard. Don't care if I lose. Just wanted to be a part of this craziness.
Welcome aboard m8. I have been holding since 3.00 lmao. I am literally committed to ride this bich into the dirt if need be.
This fool's running a Honda 2000
O|||||||O Misc Jeep Crew O|||||||O
30 Year Old Boomer Crew
Just lol at officels *Tradie Crew*
Grumpy Old Married Guy Crew
post 1630011873 01-29-2021, 08:23 AM
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#11499
  1. Exiled93
  2. Manlet of Steel
  1. Exiled93
  2. Manlet of Steel
  3. Join Date: Jan 2012
  4. Location: Tennessee, United States
  5. Posts: 7,754
  6. Rep Power: 23467
Wow. So I have 478 shares of AMC and have 4 CC against them...was looking at options and I could get $450 for 1 more CC at like a $15 strike for next week.

But it won't let me buy the extra 22 shares I need to cover it.


That IV is so high. If you guys have the shares I would highly look at selling CC against them. That option pricing is way too good to be true.

Breakeven on a $15 strike is around $20. That's insane.

Unless it pulls another GME and just blows WAY past that to like $50 which is what people seem to be betting on.
post 1630011893 01-29-2021, 08:23 AM
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#11500
  1. skinnyntall
  2. Putt Jatt Da
  1. skinnyntall
  2. Putt Jatt Da
  3. Join Date: Mar 2010
  4. Age: 36
  5. Posts: 3,526
  6. Rep Power: 10990
Originally Posted By Jms89
Welcome aboard m8. I have been holding since 3.00 lmao. I am literally committed to ride this bich into the dirt if need be.
Lol same. Got in at $3 and then again at $4. Holdingg.
LAKERS
post 1630012053 01-29-2021, 08:25 AM
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#11501
  1. Travis99
  2. Philosophy Crew
  1. Travis99
  2. Philosophy Crew
  3. Join Date: Jul 2011
  4. Posts: 12,076
  5. Rep Power: 81603
Broke down and bought some crypto.

Btc
Ltc
Dodge



Let’s goooooo
There is no they…
post 1630012163 01-29-2021, 08:26 AM
-
#11502
  1. Lb54TG
  2. Registered User
  1. Lb54TG
  2. Registered User
  3. Join Date: Aug 2012
  4. Location: Massachusetts, United States
  5. Posts: 13,968
  6. Rep Power: 21056
Hey boys
I didnt post at all yesterday. As you well know I posted the thread on front misc to aware everyone on the movement.


As some of you know 2 weeks ago I lost 40k in a series of panic sells.

Well after going up to 40k wednesday, yesterday when the hedgefunds and Robinhood was fcking everyone, I panic sold when GME hit 120. The bottom. The ptsd and microtraumas from the previous week got to me and I lost all logic and panic'd.

I cried for 15 mins once I realized what happened. I'm hurt, I'm angry, but I'm okay.
I know some of you probably think I'm retarded. I probably am, I'm just sick of living in this system that is very well corrupt. I explained logically why this community plan works in my thread. I also had friends that said they were going to hold.

For someone that held 130k to 20k in 2018's crypto crash, Idk where the patience and hope turned to impatience and fear. It was obvious when Robinhood was doing all that that it was illegal and would get shut down but in that 15 mins I had a friend call me saying "hey whats going on?" I had my friends who were noobs to this in group chat say "It's over, We lost" "Cut your losses" "Its not WS anymore its retail selling" Ofc I didnt think to check Level 2. I take full responsibility but I realized a lot last night of why things happened.

Fck those hedge funds, fck wallstreet. I have 10k left to my name and i will lose that all today for the movement. 10k is nothing, I can work 3 months and get that back.
But for them to take from me, and countless others by their blatant illegal, scalping tactics. Aboslutely fck all of them.


I love you guys. I hope those of you who are part of the movement make a lot of money.
Not too long ago I had 222 shares, and now I have 31.

I know hiyoo has been part of this for a bit. Happy for you and the rest.
Asian Crew. Always Rep Back Crew. Positivity Crew.

/\^/\^ Misc Colorado Crew ^/\^/\
post 1630012203 01-29-2021, 08:27 AM
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#11503
  1. Travis99
  2. Philosophy Crew
  1. Travis99
  2. Philosophy Crew
  3. Join Date: Jul 2011
  4. Posts: 12,076
  5. Rep Power: 81603
Originally Posted By Exiled93
Wow. So I have 478 shares of AMC and have 4 CC against them...was looking at options and I could get $450 for 1 more CC at like a $15 strike for next week.

But it won't let me buy the extra 22 shares I need to cover it.


That IV is so high. If you guys have the shares I would highly look at selling CC against them. That option pricing is way too good to be true.

Breakeven on a $15 strike is around $20. That's insane.

Unless it pulls another GME and just blows WAY past that to like $50 which is what people seem to be betting on.
Are you trading with Robinhood? I’d suggest moving to another trading platform.
There is no they…
post 1630012313 01-29-2021, 08:28 AM
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#11504
  1. QisGQ
  2. urban youth of peace
  1. QisGQ
  2. urban youth of peace
  3. Join Date: Feb 2012
  4. Location: Atlanta, Georgia, United States
  5. Age: 39
  6. Posts: 1,507
  7. Rep Power: 6849
In on AMC....hopefully I didn't miss the train.
Black Guy Crew Christian Crew Sportbike Crew Occasionally Alone Crew UMD Terp Alumni Crew No Supps Crew Keeps Shirt On In Avi Crew Georgia Tech Alumni Crew

Bench/255 Deadlift/415 Squat/360 Pullups/23 Mile/6.13
1030 total @ 158bw. mirin
post 1630012533 01-29-2021, 08:31 AM
-
#11505
  1. JuicedMayhem
  2. Registered User
  1. JuicedMayhem
  2. Registered User
  3. Join Date: Nov 2012
  4. Posts: 5,449
  5. Rep Power: 31046
Originally Posted By lockdev
Charles Schwab.

They don't fuark around.
Originally Posted By thatsnarf
td been fine for me all this time. i dont option though.
Originally Posted By skinnyntall
tda
Originally Posted By puristhndrwrth
Wellsfargo
Thanks. Repped. Gonna start with TD then look into Charles Schwab
post 1630012543 01-29-2021, 08:31 AM
-
#11506
  1. Exiled93
  2. Manlet of Steel
  1. Exiled93
  2. Manlet of Steel
  3. Join Date: Jan 2012
  4. Location: Tennessee, United States
  5. Posts: 7,754
  6. Rep Power: 23467
Originally Posted By Travis99
Are you trading with Robinhood? I’d suggest moving to another trading platform.
I'm going to but everything is in robinhood atm and I don't want to close my positions just yet - not only that I can't close because I have 4 CC that expire today and next friday.


If someone in here still wants to invest in AMC, CC would be the way to go.

Not financial advice obviously but highly suggest looking at the 2/5 call options to sell.
post 1630012903 01-29-2021, 08:37 AM
-
#11507
  1. Travis99
  2. Philosophy Crew
  1. Travis99
  2. Philosophy Crew
  3. Join Date: Jul 2011
  4. Posts: 12,076
  5. Rep Power: 81603
Originally Posted By Lb54TG
Hey boys
I didnt post at all yesterday. As you well know I posted the thread on front misc to aware everyone on the movement.


As some of you know 2 weeks ago I lost 40k in a series of panic sells.

Well after going up to 40k wednesday, yesterday when the hedgefunds and Robinhood was fcking everyone, I panic sold when GME hit 120. The bottom. The ptsd and microtraumas from the previous week got to me and I lost all logic and panic'd.

I cried for 15 mins once I realized what happened. I'm hurt, I'm angry, but I'm okay.
I know some of you probably think I'm retarded. I probably am, I'm just sick of living in this system that is very well corrupt. I explained logically why this community plan works in my thread. I also had friends that said they were going to hold.

For someone that held 130k to 20k in 2018's crypto crash, Idk where the patience and hope turned to impatience and fear. It was obvious when Robinhood was doing all that that it was illegal and would get shut down but in that 15 mins I had a friend call me saying "hey whats going on?" I had my friends who were noobs to this in group chat say "It's over, We lost" "Cut your losses" "Its not WS anymore its retail selling" Ofc I didnt think to check Level 2. I take full responsibility but I realized a lot last night of why things happened.

Fck those hedge funds, fck wallstreet. I have 10k left to my name and i will lose that all today for the movement. 10k is nothing, I can work 3 months and get that back.
But for them to take from me, and countless others by their blatant illegal, scalping tactics. Aboslutely fck all of them.


I love you guys. I hope those of you who are part of the movement make a lot of money.
Not too long ago I had 222 shares, and now I have 31.

I know hiyoo has been part of this for a bit. Happy for you and the rest.
I know those feels bro. My brother, when all things seem lost I think of this story. 2 minutes long. Give it a listen



https://youtu.be/byQrdnq7_H0
There is no they…
post 1630013093 01-29-2021, 08:39 AM
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#11508
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
BTC chart this Friday looks like a replica of PLTR last friday....

What do?
post 1630013233 01-29-2021, 08:40 AM
-
#11509
  1. Travis99
  2. Philosophy Crew
  1. Travis99
  2. Philosophy Crew
  3. Join Date: Jul 2011
  4. Posts: 12,076
  5. Rep Power: 81603
Originally Posted By Exiled93
I'm going to but everything is in robinhood atm and I don't want to close my positions just yet - not only that I can't close because I have 4 CC that expire today and next friday.


If someone in here still wants to invest in AMC, CC would be the way to go.

Not financial advice obviously but highly suggest looking at the 2/5 call options to sell.
I understand. That’s how they were able to crash those specific securities yesterday. Because they knew it’s not that easy to just switch to a new trading platform.

I used fidelity and although not as sleek of an interface as Robinhood it does the job and I was able to trade all securities yesterday. Wish you the best of luck bro.
There is no they…
post 1630013363 01-29-2021, 08:42 AM
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#11510
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
  2. Banned
  3. Join Date: Sep 2018
  4. Age: 56
  5. Posts: 8,834
  6. Rep Power: 0
Having traded through the internet crazed bull market from 1998 to 2000, I have to say the pure stock mania happening right now puts that to shame. It is not as long of a duration, but the pure insanity is off the charts.

Everyone and their brother is either talking stock market or buying stocks.

Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.


Pure sign of the end of a bull market.
post 1630013523 01-29-2021, 08:44 AM
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#11511
  1. dmaaack
  2. Registered User
  1. dmaaack
  2. Registered User
  3. Join Date: Dec 2007
  4. Posts: 6,149
  5. Rep Power: 13276
Originally Posted By OptimistPrime11
Having traded through the internet crazed bull market from 1998 to 2000, I have to say the pure stock mania happening right now puts that to shame. It is not as long of a duration, but the pure insanity is off the charts.

Everyone and their brother is either talking stock market or buying stocks.

Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.


Pure sign of a top.
Bigly true
post 1630013573 01-29-2021, 08:45 AM
-
#11512
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By OptimistPrime11
Having traded through the internet crazed bull market from 1998 to 2000, I have to say the pure stock mania happening right now puts that to shame.

Everyone and their brother is either talking stock market or buying stocks.

Cannot get a better sign that the market is at a top. The NASDAQ and NYSE mainstays have all had their runs for the past 8 months, and so now the POS like GME and NOK are getting prime pumped for one last hurrah.


Pure sign of a top.
Tbf, freezing student loans without penalty, handing out free cash, and a looming student loan forgiveness.....

It makes sense that the financial markets are going full retard.

When does the music stop, tho? Seems like the Fed isn't afraid of printing to oblivion.
post 1630013723 01-29-2021, 08:47 AM
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#11513
  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
  6. Rep Power: 436322
Originally Posted By thatsnarf
td been fine for me all this time. i dont option though.
This.

Personal Savings is TD and 401K is schwab.

Schwab was the only one that really actually stop me this week.

Bought 170 shares of AMC for the lolz.
MFC
Misc Cologne Crew | **BBC** | Aventus Friday Crew

RIP YGST
post 1630013763 01-29-2021, 08:47 AM
-
#11514
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
  2. Banned
  3. Join Date: Sep 2018
  4. Age: 56
  5. Posts: 8,834
  6. Rep Power: 0
Originally Posted By HMFIC_BROWSIN
Tbf, freezing student loans without penalty, handing out free cash, and a looming student loan forgiveness.....

It makes sense that the financial markets are going full retard.

When does the music stop, tho? Seems like the Fed isn't afraid of printing to oblivion.
$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.



What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
post 1630014033 01-29-2021, 08:51 AM
-
#11515
  1. OptimistPrime11
  2. Banned
  1. OptimistPrime11
  2. Banned
  3. Join Date: Sep 2018
  4. Age: 56
  5. Posts: 8,834
  6. Rep Power: 0
Originally Posted By OptimistPrime11
$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.



What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
Even people like Ice Poseidon is having a live stream on youtube right now while he buys and sells stocks.

I see 100s of others doing the same.

And GME trading at $330 from $3 and people think it is undervalued?

You can't get a bigger sign of a top than that lol.
post 1630014263 01-29-2021, 08:54 AM
-
#11516
  1. Lb54TG
  2. Registered User
  1. Lb54TG
  2. Registered User
  3. Join Date: Aug 2012
  4. Location: Massachusetts, United States
  5. Posts: 13,968
  6. Rep Power: 21056
buy calls on RIOT / MARA boys. btc will moon over the weekend
Asian Crew. Always Rep Back Crew. Positivity Crew.

/\^/\^ Misc Colorado Crew ^/\^/\
post 1630014363 01-29-2021, 08:56 AM
-
#11517
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By OptimistPrime11
$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.
I really honestly don't think GME would have done ANYTHING had it not been for a bunch of Reddit users who suddenly didn't have to spend $300/mn on their student loans.

I know 30 year olds paying $1k/mn, now paying nothing.

If biden bails out student loans completely, that is an absolute fukload of money.

Obv all of this will blow up, but honestly I thought the party was clearly over back in march, only to be shown the way of the money printer.

Southwest airlines is trading around it's 5 year average.... That is hilarious.
post 1630014373 01-29-2021, 08:56 AM
-
#11518
  1. KingSWRV
  2. Banned
  1. KingSWRV
  2. Banned
  3. Join Date: Nov 2014
  4. Posts: 24,817
  5. Rep Power: 0
bought AMC at 13 yesterday. 1 min later it dipped to 8 lol.

sold AMC at 13 today. 1 min later it jumped to 14 lol.

if it crashes again I will buy it lower and hope for a weekend boost.
post 1630014623 01-29-2021, 09:01 AM
-
#11519
  1. mikusk
  2. Registered User
  1. mikusk
  2. Registered User
  3. Join Date: Jan 2013
  4. Posts: 861
  5. Rep Power: 1848
Originally Posted By OptimistPrime11
$600 in cash payments and not having to make a $100 a month student loan payment is not driving the market right now. That is 1/1000000th of the money that is being traded on stocks.



What is happening is the funds, the whales, are the ones behind the scenes doing the pumping, and supporting at times, and using sites like WSB and twitter along with the novice retail investor to help buy what they are selling.
You are in the OTC game, how does penny stocks react to market crash/correction ? Do they just follow everything else ?
post 1630014673 01-29-2021, 09:02 AM
-
#11520
  1. usersignup2
  2. Registered User
  1. usersignup2
  2. Registered User
  3. Join Date: Nov 2012
  4. Posts: 8,246
  5. Rep Power: 20771
Originally Posted By twovalvekid
I was half being sarcastic....but also half go....meh...whats 1k to toss at GME....what's the worst that could happen.
Well, actually a lot.

Not participating in any if this. Why? 1K is still 1K and over time that opportunity cost adds up. More importantly that mentality breeds poor habits which compound and over the years can cost you 10X. Finally, its poor money management which any long term trader will tell you is one of the biggest keys to long term growth. JMHO.
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