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

post 1646412733 09-05-2021, 06:12 AM
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#7411
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b b b b but this is the new stock market now guise.... Lmao
post 1646413393 09-05-2021, 06:41 AM
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#7412
  1. MountainLion84
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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
post 1646414023 09-05-2021, 07:12 AM
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#7413
  1. HMFIC_BROWSIN
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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.
post 1646414663 09-05-2021, 07:37 AM
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#7414
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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
Always Neg Back Crew.
post 1646417663 09-05-2021, 09:07 AM
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#7415
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TSLA to $3000 confirmed
post 1646432553 09-05-2021, 01:40 PM
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#7416
  1. HMFIC_BROWSIN
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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.
post 1646433823 09-05-2021, 02:02 PM
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#7417
  1. MinisterOfLust
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Originally Posted By Elias373⏩
TSLA to $3000 confirmed
WTF ming
post 1646434523 09-05-2021, 02:14 PM
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#7418
  1. Venom08
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TSLA options are pretty much untradable. brb $1725 calls expiring September 2022 are going for $1300 a pop.
post 1646438433 09-05-2021, 03:24 PM
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#7419
  1. HMFIC_BROWSIN
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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.
post 1646440733 09-05-2021, 04:01 PM
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#7420
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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.
post 1646442653 09-05-2021, 04:32 PM
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#7421
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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


post 1646443813 09-05-2021, 04:49 PM
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#7422
  1. guest89
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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.
post 1646444803 09-05-2021, 05:05 PM
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#7423
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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.
post 1646444873 09-05-2021, 05:06 PM
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#7424
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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
post 1646471203 09-06-2021, 03:09 AM
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#7425
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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
post 1646474753 09-06-2021, 06:04 AM
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#7426
  1. HMFIC_BROWSIN
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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.
post 1646475763 09-06-2021, 06:33 AM
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#7427
  1. HMFIC_BROWSIN
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There's a Canadian investor who keeps touting ticker DND as his absolute no-brainer pick.

$3bil cap, MASSIVE revenue growth....
post 1646488513 09-06-2021, 11:20 AM
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#7428
  1. MountainLion84
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Originally Posted By Lefticle⏩
More people investing in the market is a sign of a downturn? You’re a raging dumbass lol
Projection?
post 1646499803 09-06-2021, 02:46 PM
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#7429
  1. DeputyDong5
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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.
post 1646500443 09-06-2021, 02:55 PM
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#7430
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Originally Posted By TugOfPeace⏩
Can't find that ticker. Is it a penny stock?
Canadian stock. So, kind of lol.
post 1646501083 09-06-2021, 03:06 PM
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#7431
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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…
post 1646515073 09-06-2021, 06:51 PM
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#7432
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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
post 1646515233 09-06-2021, 06:55 PM
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#7433
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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.
post 1646516913 09-06-2021, 07:35 PM
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#7434
  1. Slamt
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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.
post 1646524523 09-06-2021, 10:06 PM
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#7435
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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
GAINS, GAINS, More GAINS
post 1646532573 09-07-2021, 02:46 AM
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#7436
  1. MinisterOfLust
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IRNT- What the hell?
post 1646538323 09-07-2021, 06:44 AM
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#7437
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Originally Posted By MinisterOfLust⏩
IRNT- What the hell?
welcome to the party pal
post 1646540743 09-07-2021, 07:35 AM
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#7438
  1. _zman
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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.
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
post 1646541093 09-07-2021, 07:43 AM
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#7439
  1. HMFIC_BROWSIN
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hell yeah, portfolio SCREAMING upwards again.
post 1646541723 09-07-2021, 07:55 AM
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#7440
  1. camaleom
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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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