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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 06-08-2020, 08:47 PM   #5266
Hammock Parties Hammock Parties is offline
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Old 06-09-2020, 05:37 AM   #5267
KCUnited KCUnited is offline
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Travel sector seems ripe. Hertz up over 100% yesterday.
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Old 06-09-2020, 06:30 AM   #5268
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I used to work for this company ADS that sold retail store credit cards. If you think retail places will bounce back it could be a good buy. I am not sold on it but going to put some money down on it because I am stupid.
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Old 06-09-2020, 06:59 AM   #5269
Hog's Gone Fishin Hog's Gone Fishin is offline
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Anybody got insight on what NKLAW is. Another Nikola spin off. Looks like its going to do the same as NKLA
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Old 06-09-2020, 07:47 AM   #5270
lewdog lewdog is offline
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Anybody got insight on what NKLAW is. Another Nikola spin off. Looks like its going to do the same as NKLA
Unless Strongside recommends it (he’s my second cousin twice removed) I’m not touching it!
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Old 06-09-2020, 10:04 AM   #5271
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I'd not realized the fact that the two fully electric car companies are both named after Nikola Tesla. Does he have any descendants who get paid for this, or is capitalism taking advantage of him again?
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Old 06-09-2020, 10:24 AM   #5272
petegz28 petegz28 is offline
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How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling
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Old 06-09-2020, 12:35 PM   #5273
lewdog lewdog is offline
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How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling
Clay is. Then he’s gonna blow all his cash buying some shitty bungalow before the housing market regresses.

American dream baby!!!
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Old 06-09-2020, 12:50 PM   #5274
Iowanian Iowanian is offline
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I was wondering if some of the gurus would share advice on the different selling options.

Example, a stop limit vs a trailing stop.

Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?

I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make.
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Old 06-09-2020, 12:55 PM   #5275
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Originally Posted by Iowanian View Post
I was wondering if some of the gurus would share advice on the different selling options.

Example, a stop limit vs a trailing stop.

Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?

I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make.
This is correct
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Old 06-09-2020, 01:48 PM   #5276
loochy loochy is offline
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How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling

It takes a while to build up that much and it doesn't happen overnight.


I've done great with AAL stock. I bought $1000 at $9.70 a few weeks ago. It has done awesome and it's at $18.44 right now. But guess what? I still only made $900 on a $1000 investment, and that one was very lucky.


You have to invest big money to make big money, and most of us aren't in a position to throw down hundreds of thousands of dollars that we could potentially lose. We have moderate monies that we generally stay safe with (401k investments with diversity) and an even smaller amount that we use to play with day trading.
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Old 06-09-2020, 02:51 PM   #5277
RustShack RustShack is offline
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Old 06-09-2020, 02:54 PM   #5278
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My first day went -$15
The best thing that can happen the first time you trade is that you lose $. Sorta puts the reality into it.
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Old 06-09-2020, 03:00 PM   #5279
Hammock Parties Hammock Parties is offline
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My first day went -$15
You only lose money if you sell.

I didn't sell a ****ing thing today.
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Old 06-09-2020, 03:09 PM   #5280
Rain Man Rain Man is online now
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My first day went -$15
The stock market is a fickle mistress.
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