Jysin
Ahn'Qiraj Raider
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That's an advantage of trading (especially a daytrade.) I don't really give a shit about what the company is. Price action is king. ...
Therein lies your problem.
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Therein lies your problem.
Hateyou
Not Great, Not Terrible
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The “advantage” of day trading? You’re losing your fucking ass. Stop and just dump money into SPY every paycheck and forget about it. Check back in 20 years.
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Sanrith Descartes
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Furry
🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
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Looking at the company they have a malarial dewormer for sale that is less popular than equivalent alternatives. They're also seeking to get this dewormer approved for covid uses or something. I mean, at least it appears to be a real company with real products, so it's better than some of the meme stocks that pop up here.
Sanrith Descartes
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You made my point for me though. Stop being a trader. Historically, traders lose. Start being an investor. Investors retire to big farms in Pennsylvania.
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Sanrith Descartes
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Sanrith Descartes
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DIS has been bouncing off support at $88-ish for a while now. I have been waiting for it to break down below.
edit: speaking of DIS
edit: speaking of DIS
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Moglyzoke Moogleman
This Site Sucks Hairy Asshole
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Rangoth
Blackwing Lair Raider
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Just to be part of the conversation, I never got in on MTTR but I did buy some SPIR based on the forum for which I am bag holding
Luckily I did not dump my life savings in it as I only have about ~=3000$ invested. It's majorly down, something like 60%. It is current trading around 0.69$ and I my cost basis is just under 3$ /ouch
Anyway I also went through the process of deciding if I should cut losses and decided no one this one for a few reasons.
Luckily I did not dump my life savings in it as I only have about ~=3000$ invested. It's majorly down, something like 60%. It is current trading around 0.69$ and I my cost basis is just under 3$ /ouch
Anyway I also went through the process of deciding if I should cut losses and decided no one this one for a few reasons.
- It is a small % of my portfolio so not really a huge deal to me
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Sanrith Descartes
I believe they may eventually do something. I followed-up after FoH research and figured fuck it - A reminder of my potential mistakes and why I typically do not go after individual tickers unless they are long established businesses
- I know this may sound amazing, but I have been selling 3$ covered calls on it monthly for 0.01 lol, someone is buying them so I keep doing it. Makes me chuckle once a month when get my 10$ due to SPIR
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Sanrith Descartes
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I still like the company a lot to be honest and have some shares. I got very lucky while I was a SPAC and made a windfall which I reinvested so while I took a haircut when I sold most of my shares around $1, I ended up about even. My thought is eventually they get acquired by someone.Just to be part of the conversation, I never got in on MTTR but I did buy some SPIR based on the forum for which I am bag holding
Luckily I did not dump my life savings in it as I only have about ~=3000$ invested. It's majorly down, something like 60%. It is current trading around 0.69$ and I my cost basis is just under 3$ /ouch
Anyway I also went through the process of deciding if I should cut losses and decided no one this one for a few reasons.
- It is a small % of my portfolio so not really a huge deal to me
- Like
- A reminder of my potential mistakes and why I typically do not go after individual tickers unless they are long established businesses
- I know this may sound amazing, but I have been selling 3$ covered calls on it monthly for 0.01 lol, someone is buying them so I keep doing it. Makes me chuckle once a month when get my 10$ due to SPIR
Sanrith Descartes
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Sold covered calls on my PLTR again. $25 strike, Aug expiry for 23 cents. Note: Earnings are the week before the monthly expiry and I have every intention of being out of it before they announce.
Fucker
Log Wizard
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The only fix to inflation is to set rate at 1.5x the real rate of inflation and quit printing money like mad. This 7% crap is just another way they are transferring more money to themselves.
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Hateyou
Not Great, Not Terrible
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Worst thanks I’ve ever had in my life but I’ll take it. You’re welcome!
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Mist
REEEEeyore
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Well I've got 500k in funds I can play around with. How I get rich?We finally know the secret all the 1%ers use to become 1%ers. They let the cat out of the bag. You just gotta come up with $100k.
Billionaire Charlie Munger's Advice: 'It's A B***h, But You Gotta Do It. Find A Way To Get Your Hands On $100,000' – Why Earning Your First $100,000 Is Key If You Want To Be Rich
The significance of amassing your first $100,000 cannot be underestimated when it comes to building long-term wealth. As Charlie Munger, esteemed investor and vice chairman of Berkshire Hathaway Inc., aptly stated during a shareholder meeting in the late 1990s, "The first $100,000 is a b***h...finance.yahoo.com
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Mist
REEEEeyore
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Sanrith Descartes
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No, you need to give $100k to four less fortunate folks so they can share in the prosperity. This is how it works now.
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Sanrith Descartes
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