Investing General Discussion

Jysin · Sep 1, 2022

Aldarion said:
All you fuckers with buy orders at 390 are really getting in the way of what should be a nice orderly drop. Please stand aside

This is a pretty hefty pull back. 5 solid days of red and a 41 point SPY drop from the 200D rejection. Not at all saying this is a bottom, but when we move so much so quickly, we are bound to get a relief bounce and this SPY 390 is a fairly significant level. More than worth the punt and validated by the market reaction we are getting today. (I posted this before market even opened today).

Tmac · Sep 1, 2022

Setting a GTC Limit Sell on AVYA for 1.97...

Tmac · Sep 1, 2022

Bought some MSFT with my AVYA profit at 258

Sanrith Descartes · Sep 1, 2022

Wasnon the the road most of the day. Have an ordernin to add some PLTR and SPIR. Neither looks like it will hit today but there is always tomorrow.

fris · Sep 1, 2022

put a trailing stop loss sell order on my avaya shares, for half my shares and a trail limit of 25%

i assume this means that given it's current price of $1.79, if it drops by to $1.34, it will sell half my shares at $1.34? Will it market or limit sell, meaning try to sell at 1.34 only and thus won't sell if the price drops below 1.34, or will it sell at whatever the market is when that sell is executed?

Sanrith Descartes · Sep 1, 2022

fris said:
put a trailing stop loss sell order on my avaya shares, for half my shares and a trail limit of 25%

i assume this means that given it's current price of $1.79, if it drops by to $1.34, it will sell half my shares at $1.34? Will it market or limit sell, meaning try to sell at 1.34 only and thus won't sell if the price drops below 1.34, or will it sell at whatever the market is when that sell is executed?

What platform are you using?

Mist · Sep 1, 2022

Tmac said:
Setting a GTC Limit Sell on AVYA for 1.97...

Or you could wait for it to go to the moon.

Sanrith Descartes · Sep 1, 2022

Mist said:
Or you could wait for it to go to the moon.

Said everyone when BTC was at 65k

Mist · Sep 1, 2022

Sanrith Descartes said:
Said everyone when BTC was at 65k

That's different.

Avaya was at 29.67 18 months ago. It could still easily recover to 8+, so 300% gains from here.

Sanrith Descartes · Sep 1, 2022

Mist said:
That's different.

Zog · Sep 1, 2022

So the talking heads are back with the fed pivot, not trusting the fed and their hawkish tone, the bounce today at support with buyers coming in looks like another squeeze is here, already.

Bears will double down, blow up their accounts, again and maybe some time down the road we can visit the lows of the year but it's not looking like Friday is that day.

fris · Sep 1, 2022

Sanrith Descartes said:
What platform are you using?

Fidelity

Tmac · Sep 1, 2022

Mist said:
Or you could wait for it to go to the moon.

Good point. I'm going to sell another 100% gain at 1.97 and then let the rest ride. That'll mean I've taken double profits on my original investment. Then the rest can go to the moon or die and it won't matter.

And then I'll just have a sell order for if it drops 50%.

fris · Sep 2, 2022

If on it's way to the moon it never retracts by 25, it's the same thing for me right?

Tmac · Sep 2, 2022

AVYA trade filled at 1.97 before the huge selloff

So, I've made 2x my investment and still have 1/5 my investment sitting and waiting.

Mist · Sep 2, 2022

Tmac said:
AVYA trade filled at 1.97 before the huge selloff

So, I've made 2x my investment and still have 1/5 my investment sitting and waiting.

Huge selloff? We're still up for the day. You can buy some back!

Tmac · Sep 2, 2022

Mist said:
Huge selloff? We're still up for the day. You can buy some back!

Blazin · Sep 2, 2022

Looking to buy back my 295 QQQ puts that expire today for a few pennies. Don't think I'm going to roll them and sell new ones today. Missed some trades yesterday wanting to add some more premium because of some chickens needing attention. Little freaking baby chickens probably cost me $3k yesterday in a missed trade. However the time spent with the chickens was certainly more enjoyable than spending more time at desk.