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**OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
05-06-2021, 11:55 AM
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#511
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Originally Posted By Destor⏩
AgreedThe question becomes whether you should hang in and wait for gains to return or if you could sell at a loss and then make more gains putting the funds into something else.
This is where you need to understand the companies you’re buying and have conviction in them. If you know what you’re buying and you know the current market isn’t representing reality, then just hold on and enjoy the ride because current price doesn’t tell you anything of substance.
This is where you need to understand the companies you’re buying and have conviction in them. If you know what you’re buying and you know the current market isn’t representing reality, then just hold on and enjoy the ride because current price doesn’t tell you anything of substance.
05-06-2021, 11:56 AM
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#512
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Originally Posted By Destor⏩
The only one of the 3 i'm fairly confident is going to be a great long term play is DKNG. I think the future of sports gambling is going to continue to grow and Draft Kingz is making all the right moves to be top dog. Tesla looks like it is going to get caught by the other big auto makers and probably drop back to like 100 bucks a share. Palantir was admittedly a full on wsb play. I did 0 of my own DD, and was burned for it.The question becomes whether you should hang in and wait for gains to return or if you could sell at a loss and then make more gains putting the funds into something else.
This is where you need to understand the companies you’re buying and have conviction in them. If you know what you’re buying and you know the current market isn’t representing reality, then just hold on and enjoy the ride because current price doesn’t tell you anything of substance.
This is where you need to understand the companies you’re buying and have conviction in them. If you know what you’re buying and you know the current market isn’t representing reality, then just hold on and enjoy the ride because current price doesn’t tell you anything of substance.
Index investing is really the only way to go for 99% of investors.
05-06-2021, 11:58 AM
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#513
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Originally Posted By Elias373⏩
LOL, surely you're being sarcastic. If not however, I've been hearing this for months as I watch my position bleed daily.PLTR is like a coiled spring, get in before it explodes!!
05-06-2021, 12:00 PM
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#514
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Originally Posted By topperstyle⏩
Crypto is shrouded in mystery. Too many stories of not being able to liquidate, exchanges being hacked, etc. Add to that the fees, and idk man. I went to buy a single ETH coin and it was like $180 dollars to make the transaction. WTF is that?Ty eth and chain link for making this week not so bad
05-06-2021, 12:00 PM
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#515
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Originally Posted By chino3⏩
TSLA cost basis is .... $751.. I'm in trouble lol.what's your CB on TSLA? I see it hitting $700 at any point during this month. If you're concerned about swings, or just want out, just hang tight this month. EoY I see it closer to $900.
05-06-2021, 12:02 PM
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#516
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Originally Posted By PermaBulk610⏩
funny thing is i saw a lot of people posting about pltr on here, thats why i got a position. of course not holding anyone accountable for that, but this is where i heard about itThe only one of the 3 i'm fairly confident is going to be a great long term play is DKNG. I think the future of sports gambling is going to continue to grow and Draft Kingz is making all the right moves to be top dog. Tesla looks like it is going to get caught by the other big auto makers and probably drop back to like 100 bucks a share. Palantir was admittedly a full on wsb play. I did 0 of my own DD, and was burned for it.
Index investing is really the only way to go for 99% of investors.
Index investing is really the only way to go for 99% of investors.
then i read up on it and watched videos and it seems like a pretty useful company. it has a lot of big contracts globally, so their stuff is obviously good.
but if this is the sentiment now, i cant even fathom what is going to happen post earnings.
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05-06-2021, 12:06 PM
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#517
- Carbonfibre
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Originally Posted By topperstyle⏩
I should go to crypto thread from now on.Ty eth and chain link for making this week not so bad
Thats where meme money is going.
One thing to keep in mind
Losers average losers.
If you bought Apple last year at $130 around September you be flat now thats 9 months of side action.
05-06-2021, 12:11 PM
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#518
- RobParks2M
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Originally Posted By Carbonfibre⏩
Tell that to my $25 --->$20 WFC averaged down position *******I should go to crypto thread from now on.
Thats where meme money is going.
One thing to keep in mind
Losers average losers.
If you bought Apple last year at $130 around September you be flat now thats 9 months of side action.
Thats where meme money is going.
One thing to keep in mind
Losers average losers.
If you bought Apple last year at $130 around September you be flat now thats 9 months of side action.

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05-06-2021, 12:16 PM
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#519
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has anyone figured out whats actually driving this selloff?
interest rates..?
i cant find a single thing reported about it
interest rates..?
i cant find a single thing reported about it
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05-06-2021, 12:17 PM
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#520
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Originally Posted By RobParks2M⏩
Wish I stopped options and just stick in index funds February and stop thinking tech / growth will turn it around some time. Market went inflation hedging and it ain't coming back anytime soon.Tell that to my $25 --->$20 WFC averaged down position *******

I stole that quote from Paul Jones (https://en.wikipedia.org/wiki/Paul_Tudor_Jones)

05-06-2021, 12:18 PM
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#521
- MinisterOfLust
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Damn! Fucc you Palantir
05-06-2021, 12:19 PM
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#522
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- mad hatter
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Originally Posted By ReadyToLift2019⏩
Everyone is a genius investor until they aren't. Averaging down is fantastic until it isn't. Index funds are probably what most of us should be holding. Some of us just need longer to figure that out than othersSoul brother #1, it’s like I’m looking in a mirror
The worst part isn’t losing tens of thousands of dollars or knowing that I should have known better the entire time, the worst part is daily listening to *******s at work constantly go on about the $46 they’ve made today in doge coin and then suggesting to them to take some of their winnings and consider opening a portfolio/start saving for retirement/etc. just to have them ask me how much does VOO normally go up every 24-48 hours... My jims are approaching maximum rustling here lol
You have given out too much Reputation in the last 24 hours, try again later
The worst part isn’t losing tens of thousands of dollars or knowing that I should have known better the entire time, the worst part is daily listening to *******s at work constantly go on about the $46 they’ve made today in doge coin and then suggesting to them to take some of their winnings and consider opening a portfolio/start saving for retirement/etc. just to have them ask me how much does VOO normally go up every 24-48 hours... My jims are approaching maximum rustling here lol
You have given out too much Reputation in the last 24 hours, try again later

@carbonfibre I had to go through 4-5 positions I've averaged down on and probably would have been better off putting all said money into an index instead of the single stock to come up with 1 stock that actually did better than an index would have done over a similar timeframe.
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05-06-2021, 12:19 PM
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#523
05-06-2021, 12:20 PM
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#524
- headturner1
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Where’s that one ******* who cheerleads the fuk out of pltr?
This thread needs some of him, but dude is MIA.
Left a trail of bag holders in his wake
This thread needs some of him, but dude is MIA.
Left a trail of bag holders in his wake
05-06-2021, 12:21 PM
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#525
Originally Posted By PermaBulk610⏩
Just give yourself a time line, ideally end of year, to just leave everything alone, and not even look at your account until December. Maybe set alerts for price targets on some of your holdings, and only log in to trade or whatever you want to do IF/WHEN it triggers.TSLA cost basis is .... $751.. I'm in trouble lol.
Originally Posted By Elias373⏩
You're such a *******PLTR is like a coiled spring, get in before it explodes!!
Originally Posted By Elias373⏩
PLTR is coiling up for a slingshot move up to 30
Originally Posted By Elias373⏩
Hope you bedwetters loaded up on PLTR?
Originally Posted By Elias373⏩
Imagine not having 80% of your portfolio in PLTR before it gets cut loose this week, the big institutions have now loaded!
Originally Posted By Elias373⏩
RIP if you guys didnt buy the PLTR dip.
Originally Posted By Elias373⏩
Those with undeveloped minds just dont understand PLTR.
Originally Posted By Elias373⏩
PLTR on the move but not too late. Sell your angus if you have to, just buy more!
Originally Posted By Elias373⏩
The Gods have blessed us with opportunity to load thy boat with PLTR shares.
Be wise, take the opportunity brethrens!
Be wise, take the opportunity brethrens!
Originally Posted By Elias373⏩
PLTR to the moooon
"It won't get better, just different."
05-06-2021, 12:25 PM
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#526
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Originally Posted By headturner1⏩
wish i could just rewind a couple weeks ago. was 700 up on pltr lol and i didn't sellWhere’s that one ******* who cheerleads the fuk out of pltr?
This thread needs some of him, but dude is MIA.
Left a trail of bag holders in his wake
This thread needs some of him, but dude is MIA.
Left a trail of bag holders in his wake
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05-06-2021, 12:27 PM
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#527
- PermaBulk610
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Originally Posted By ReadyToLift2019⏩
I can't tell you how much FOMO is kicking in with Crypto. I hate the uncertainty of a potential gov't ban because of the electricity issues, exchanges getting cleaned out, Coinbase and their ridiculously high fees, can i even get on Binance in America? Robinhood preventing people from selling when they want, etc. etc. The entire thing just seems shady and I'm 99% sure the minute I drop a few thousand in, the whole house of cards is going to fall.Soul brother #1, it’s like I’m looking in a mirror
The worst part isn’t losing thousands and thousands and thousands of dollars or knowing that I should have known better the entire time, no the worst part is daily listening to *******s at work constantly go on about the $46 they’ve made today in doge coin and then suggesting to them to take some of their winnings and consider opening a portfolio/start saving for retirement/etc. just to have them ask me how much does VOO normally go up every 24-48 hours... My jims are approaching maximum rustling here lol
You have given out too much Reputation in the last 24 hours, try again later
The worst part isn’t losing thousands and thousands and thousands of dollars or knowing that I should have known better the entire time, no the worst part is daily listening to *******s at work constantly go on about the $46 they’ve made today in doge coin and then suggesting to them to take some of their winnings and consider opening a portfolio/start saving for retirement/etc. just to have them ask me how much does VOO normally go up every 24-48 hours... My jims are approaching maximum rustling here lol
You have given out too much Reputation in the last 24 hours, try again later
Red days suck, watching people get rich off of funny money while i'm sitting by is even worse.
05-06-2021, 12:28 PM
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#528
- Carbonfibre
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Originally Posted By chino3⏩
Put that guy on ignore.You're such a *******
That guy is 100 percent troll (I keep thinking its arem alternate but he can't be that dumb)
@smash
If you think this is pain imagine the shiitstorm next week if PLTR has no guidance and another L on revenue.
$16.5 might be revisited again.
05-06-2021, 12:28 PM
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#529
- RobParks2M
- mad hatter
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Originally Posted By headturner1⏩
He said buy it at $9 or $10. How many bag holders are there from when he said that? If you chose to buy because someone on a bodybuilding website told you to I got some bad news and some totally legit supplements that will boost your T without injections to sell you.Where’s that one ******* who cheerleads the fuk out of pltr?
This thread needs some of him, but dude is MIA.
Left a trail of bag holders in his wake
This thread needs some of him, but dude is MIA.
Left a trail of bag holders in his wake
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
05-06-2021, 12:34 PM
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#530
- ListenHereBruh
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****ing lol at eth classic
05-06-2021, 12:36 PM
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#531
- StackingPlates
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Originally Posted By Carbonfibre⏩
Great question and I'm far from an expert on the topic. But there is certainly some data to suggest that commodities can help whenunexpectedinflation occurs (e.g. 1970s).Why not DBC that includes commodities over just TIPS thats just bonds. If you're wanting to hedge inflation.

I think a lot of it boils down to one's personal tolerance for volatility, particularly when reaching retirement age. Short-term TIPS tend to be a bit more stable with commodities having a bit higher beta.
I find looking into how to divide allocations once one has reached their wealth goals is a pretty interesting topic. For example, things like gold have successfully been used for protection against inflation, and it surprisingly works very well when combined with other assets even when its own return has been pretty poor. I don't know if I would be so brave as to put 25% into gold myself, butback testingshows how great it has performed historically. Whether or not this will be the same case moving forward is anyone's guess though and I know myself well enough to know I'm more on the risk averse side.
I do have a sizeable amount of BTC that I've accumulated over the years so that also may serve as an inflationary hedge, we just don't have the data currently to know for sure though.
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05-06-2021, 12:37 PM
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#532
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Originally Posted By RobParks2M⏩
I wasn’t really paying attention, I just recall him pumping it semi-recently, so I wanted to talk some chit.He said buy it at $9 or $10. How many bag holders are there from when he said that? If you chose to buy because someone on a bodybuilding website told you to I got some bad news and some totally legit supplements that will boost your T without injections to sell you.
I’m good with my position in it, not super big (2% of my retail portfolio).
05-06-2021, 12:42 PM
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#533
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Originally Posted By headturner1⏩
for me around 5%, but my price is clearly higher than that of a lot of youI wasn’t really paying attention, I just recall him pumping it semi-recently, so I wanted to talk some chit.
I’m good with my position in it, not super big (2% of my retail portfolio).
I’m good with my position in it, not super big (2% of my retail portfolio).
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05-06-2021, 12:49 PM
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#534
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Originally Posted By smashedurgfx10⏩
My cb is low 24s, still not pleasant, but I’ve dealt with worse..for me around 5%, but my price is clearly higher than that of a lot of you
05-06-2021, 12:50 PM
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#535
05-06-2021, 12:51 PM
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#536
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Originally Posted By headturner1⏩
its trying its best to find support at 19.50My cb is low 24s, still not pleasant, but I’ve dealt with worse..
as already said though, doesn't really matter cos in earnings next week its gonna be down by another 10% anyway
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05-06-2021, 12:54 PM
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#537
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Originally Posted By smashedurgfx10⏩
I’m gonna struggle selling those weekly CCs @ 31 for any premium.its trying its best to find support at 19.50
as already said though, doesn't really matter cos in earnings next week its gonna be down by another 10% anyway
as already said though, doesn't really matter cos in earnings next week its gonna be down by another 10% anyway
05-06-2021, 12:55 PM
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#538
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Originally Posted By Duckliver⏩
If you mean <$100 yesGme is heading into endgame shorts vs longs
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05-06-2021, 01:02 PM
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#539
- Duckliver
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Originally Posted By RobParks2M⏩
Rofl no one is selling boyo. Shorts are only thing keeping it down and their floor keeps getting higher. Volume has dried up to nothing, it’s trading within 5 dollars now and within next ten days it will start going up and keep going. But I’m just a dumbass and no one should listen to me tbh.If you mean <$100 yes
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