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      06-09-2021, 12:55 PM   #837
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Cramer is shill.

GME conference call went good. Didn't watch but apparently there was some confirmation of naked shorts against the stock. i'm anxious about earnings after close, fingers crossed.
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      06-10-2021, 03:27 PM   #838
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I get the sense from this thread that most people responding are day traders/short-term traders. That's a risky investment lifestyle for most.
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      06-10-2021, 03:39 PM   #839
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Quote:
Originally Posted by XutvJet View Post
I get the sense from this thread that most people responding are day traders/short-term traders. That's a risky investment lifestyle for most.
Yes and no. I've got my long term retirement stuff and then I have my day trading hobby/fun money. I'm trying to become more educated on short term trading. It's stressful. The highs are high and the lows are low. Im usually only playing with a few thousand at a time. Put in a few hundred to make a hundred. I've lost some and made some. The toughest part has been stripping away emotion from trading. An example. Last month I was net zero on one of my biggest trading months. I made 3500 and lost 3500. Had I been smart and sold on the momentum and not waited for the "little bit more" it would have been a 6k month. You just lick your wounds, try to learn a little, and start again. Don't risk what you can't comfortably lose.
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      06-10-2021, 05:01 PM   #840
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I get the sense from this thread that most people responding are day traders/short-term traders. That's a risky investment lifestyle for most.
not if you are doing it as a hobby with your pocket change. I personally do it with anywhere from a couple of hundreds to a few thousands (based on stock volatility). As long as you don't go full ape like buying thousands AMC shares right after it exploded %500 you should be ok. Not gonna tell you who did it. shall remain nameless.
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      06-10-2021, 05:10 PM   #841
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i'm all about that YOLO life
i got my financial degree from Wallstreetbets and cut my teeth on Robinhood
if GME flops, then I'll be homeless and go hungry for a while
but i'll bounce back ... just like the stock
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      06-10-2021, 07:17 PM   #842
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Quote:
Originally Posted by bimmer pleaser V2 View Post
not if you are doing it as a hobby with your pocket change. I personally do it with anywhere from a couple of hundreds to a few thousands (based on stock volatility). As long as you don't go full ape like buying thousands AMC shares right after it exploded %500 you should be ok. Not gonna tell you who did it. shall remain nameless.
Exactly! I only put 1.5% of my portfolio on AMC. Although know people who went all in, knowing the risk but also realizing potential VERY high reward.

And for some apes out there is the principal.
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      06-10-2021, 08:37 PM   #843
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      06-10-2021, 08:51 PM   #844
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Quote:
Originally Posted by XutvJet View Post
I get the sense from this thread that most people responding are day traders/short-term traders. That's a risky investment lifestyle for most.
I hardly ever buy a stock and sell it on the same day. Most I hold for weeks or months, stocks in retirement accounts for usually year+. Most risky thing I do is buy options, but its a few hundred bucks tops.
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      06-11-2021, 01:40 AM   #845
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I put in $15k on GME.

But that was house money from SWBI and Apple calls that netted me 1,500% gains each.

My "play" account is coming up on eclipsing my "main" account. And that's in 1 year vs 5 years or so.
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      06-11-2021, 03:04 PM   #846
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AMC closed at $48. It will be in the 30s next week.
- 6/4/21
whats the prediction for next week ?
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      06-11-2021, 03:18 PM   #847
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whats the prediction for next week ?
Maybe $20?

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      06-11-2021, 03:42 PM   #848
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In a month, they will be giving away a free share with every large popcorn purchase.....
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      06-11-2021, 08:04 PM   #849
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In a month, they will be giving away a free share with every large popcorn purchase.....
Your saying they are going to do share buybacks?!
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      06-11-2021, 09:27 PM   #850
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Originally Posted by antzcrashing View Post
Your saying they are going to do share buybacks?!
No, just that the shares will be worth less than their over-priced popcorn once again.....
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      06-12-2021, 06:32 AM   #851
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Your saying they are going to do share buybacks?!
No, just that the shares will be worth less than their over-priced popcorn once again.....
Also possible is that they get into content streaming business, crypto, nfts, fire dinosaurs on their board of directors, close some non-profitable locations, etc.
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      06-12-2021, 07:32 AM   #852
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I just lost handful amount of money in crypto by doing future trade, now I am really no where
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      06-12-2021, 08:11 AM   #853
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I just lost handful amount of money in crypto by doing future trade, now I am really no where
Holding AMP, BTC, DOGE and ETH....but its a blood bath out there lately.
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      06-14-2021, 11:51 AM   #854
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Chips are in high demand. Invest in one single company is risky. ETF is better bet. SOXX is a good buy right now, a good entry point.

"SOXX tracks a popular benchmark of companies that produce semiconductors, a crucial part of modern computing. Semiconductor chips act as the brains to numerous devices that we rely on today, including smartphones, calculators, computers, and much more."
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      06-14-2021, 07:09 PM   #855
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kind of a general question... but what percent of your money do you guys have tied up in stocks/crypto/investments vs just sitting there in a savings account or checking account doing nothing? i'm at about a 80/20 split stocks vs savings.

part of me thinks i could just go 90/10. I can't really see a drawback, other than something catastrophic happening like a engine failure or medical emergency and i need to pull money out of the market in a bear cycle. wondering if its a risk worth taking.
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      06-14-2021, 07:22 PM   #856
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Quote:
Originally Posted by Humdizzle View Post
kind of a general question... but what percent of your money do you guys have tied up in stocks/crypto/investments vs just sitting there in a savings account or checking account doing nothing? i'm at about a 80/20 split stocks vs savings.

part of me thinks i could just go 90/10. I can't really see a drawback, other than something catastrophic happening like a engine failure or medical emergency and i need to pull money out of the market in a bear cycle. wondering if its a risk worth taking.
I am in the opposite direction 90/10 split (defined benefit plan and saving) vs stocks. Stocks are too expensive now. Quantitative easing is printing money. The catastrophic engine failure for monetary system is hyper inflation. However, gold and commodities are not sky rocketing. Don't know what to do.
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      06-14-2021, 07:24 PM   #857
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Quote:
Originally Posted by Humdizzle View Post
kind of a general question... but what percent of your money do you guys have tied up in stocks/crypto/investments vs just sitting there in a savings account or checking account doing nothing? i'm at about a 80/20 split stocks vs savings.

part of me thinks i could just go 90/10. I can't really see a drawback, other than something catastrophic happening like a engine failure or medical emergency and i need to pull money out of the market in a bear cycle. wondering if its a risk worth taking.
if it were up to me, i'd be throwing a lot more money into investments
but we're house shopping so we're sitting on more cash
even after selling our condo, we'll need more cash on top to get into the type of house that my wife wants

*cries in Los Angeles real estate market*
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      06-14-2021, 07:39 PM   #858
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Quote:
Originally Posted by Humdizzle View Post
kind of a general question... but what percent of your money do you guys have tied up in stocks/crypto/investments vs just sitting there in a savings account or checking account doing nothing? i'm at about a 80/20 split stocks vs savings.

part of me thinks i could just go 90/10. I can't really see a drawback, other than something catastrophic happening like a engine failure or medical emergency and i need to pull money out of the market in a bear cycle. wondering if its a risk worth taking.
12% cash
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