Blazin
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Investing General Discussion
- Thread starter Furious
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Palum
what Suineg set it to
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Sanrith Descartes
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I was reliably informed that DeepSeek was going to crash NVDA shares into the double digits. I can't believe you bought that shit.
Seriously though, I lowered my cost basis almost $7 flipping puts in a week.
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Blazin
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Was PM'ing with one of you this morning and was thinking about a feature that I'm not sure we have ever discussed here.
Fidelity Baskets Fidelity Basket Portfolios | Customized investing | Fidelity Investments
Since lots of us here use Fidelity but it's not a feature many are aware of. It does have a cost of a few dollars a month. It lets you build your own "basket" of stocks and give them weights and you can then manage that basket as one holding. You can make a single purchase that will disperse to all the holdings, rebalance tools etc.
The value of this in my opinion is that is can help with not overly focusing on an individual names price action. Maybe even someone like
Cad
may not want to trade but could make a portfolio of 10 names and treat it similarly to the discipline of long term index investing. Just DCA in your basket and maybe once a year just make sure you keep up on how the companies are doing not their stock performance but if the reasons you included them in the basket are still valid.
Despite it being statistically incorrect to fear buying highs, buying your own index is a lot easier and not sitting there thinking about "is now a good time to put $X into this company". The DCA connection is what I think makes this worth it. If you aren't going to DCA into your basket over a long period I think it looses some it's value as a tool.
Fidelity Baskets Fidelity Basket Portfolios | Customized investing | Fidelity Investments
Since lots of us here use Fidelity but it's not a feature many are aware of. It does have a cost of a few dollars a month. It lets you build your own "basket" of stocks and give them weights and you can then manage that basket as one holding. You can make a single purchase that will disperse to all the holdings, rebalance tools etc.
The value of this in my opinion is that is can help with not overly focusing on an individual names price action. Maybe even someone like
Cad
may not want to trade but could make a portfolio of 10 names and treat it similarly to the discipline of long term index investing. Just DCA in your basket and maybe once a year just make sure you keep up on how the companies are doing not their stock performance but if the reasons you included them in the basket are still valid. Despite it being statistically incorrect to fear buying highs, buying your own index is a lot easier and not sitting there thinking about "is now a good time to put $X into this company". The DCA connection is what I think makes this worth it. If you aren't going to DCA into your basket over a long period I think it looses some it's value as a tool.
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Sanrith Descartes
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Where were you with this info like 3 weeks ago? Lol, this would have been gold for me. Its the same idea that moved me to using TOPT for simplicity instead of waiting for individual stocks I wanted to add to to hit buy points. Good find.Was PM'ing with one of you this morning and was thinking about a feature that I'm not sure we have ever discussed here.
Fidelity Baskets Fidelity Basket Portfolios | Customized investing | Fidelity Investments
Since lots of us here use Fidelity but it's not a feature many are aware of. It does have a cost of a few dollars a month. It lets you build your own "basket" of stocks and give them weights and you can then manage that basket as one holding. You can make a single purchase that will disperse to all the holdings, rebalance tools etc.
The value of this in my opinion is that is can help with not overly focusing on an individual names price action. Maybe even someone like
Despite it being statistically incorrect to fear buying highs, buying your own index is a lot easier and not sitting there thinking about "is now a good time to put $X into this company". The DCA connection is what I think makes this worth it. If you aren't going to DCA into your basket over a long period I think it looses some it's value as a tool.
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Sitting on a lot of cash. Bought some TSLA shares (200) after Blazin posted his calls. Not quite aggressive feeling enough for calls here.
Sanrith Descartes
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RSI is 32 and it hopefully catches the bounce here off the 100-DMA. If not, its got a long way to fall.
Blazin
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Pay attention to the expiration when you see me taking a long. If it's just a couple days out like those TSLA calls that's something I plan to hold for minutes to hours. If it's a month or two out that's more of a swing trad. Shares would be longer term.
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tugofpeace
Pronouns: zie/zhem/zer
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Blazin
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TSLA is a speculative play so it doesn't have fundamental underpinning of support so it's hard to say "It's a value at X".
An investment in TSLA is a bet on autonomy robotics and energy in the coming decade. And that bet is not influenced by daily fluctuations. If it's a trade well we are at an area of "possible" support. If it fails could lose another 10%+ rather quickly.
An investment in TSLA is a bet on autonomy robotics and energy in the coming decade. And that bet is not influenced by daily fluctuations. If it's a trade well we are at an area of "possible" support. If it fails could lose another 10%+ rather quickly.
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Sanrith Descartes
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Borzak
Silver Baron of the Realm
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Was PM'ing with one of you this morning and was thinking about a feature that I'm not sure we have ever discussed here.
Fidelity Baskets Fidelity Basket Portfolios | Customized investing | Fidelity Investments
Since lots of us here use Fidelity but it's not a feature many are aware of. It does have a cost of a few dollars a month. It lets you build your own "basket" of stocks and give them weights and you can then manage that basket as one holding. You can make a single purchase that will disperse to all the holdings, rebalance tools etc.
The value of this in my opinion is that is can help with not overly focusing on an individual names price action. Maybe even someone like
Despite it being statistically incorrect to fear buying highs, buying your own index is a lot easier and not sitting there thinking about "is now a good time to put $X into this company". The DCA connection is what I think makes this worth it. If you aren't going to DCA into your basket over a long period I think it looses some it's value as a tool.
Interesting. I'm not sure how/if I would use it but interesting.
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Palum
what Suineg set it to
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Sanrith Descartes
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Blazin
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Just sold my 10 TSLA 300 call contracts , Could have made a killing on these but I think I oversized being pissed at previous attempts.
I recovered all of yesterdays losses and made $2k for my effort but it felt like emotional revenge trading to me so I'm not happy with that. I tried to flip calls three times yesterday with a super short leash so I actually lost very little but spending all day on it in frustration and added the much more expensive $300 strike contracts at end of day without discipline. $40+ contracts + High volatility gets a little intense since it's a very high delta you are pretty much trading $300k in TSLA
I recovered all of yesterdays losses and made $2k for my effort but it felt like emotional revenge trading to me so I'm not happy with that. I tried to flip calls three times yesterday with a super short leash so I actually lost very little but spending all day on it in frustration and added the much more expensive $300 strike contracts at end of day without discipline. $40+ contracts + High volatility gets a little intense since it's a very high delta you are pretty much trading $300k in TSLA
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