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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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eDave 08:47 AM 06-29-2021
My interactions with those twats over at /r/amcstock has me hoping they all lose everything.
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TambaBerry 08:59 AM 06-29-2021
What's the deal with SoFi? Seeing lots of people yoloing it
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crispystl 09:42 AM 06-29-2021
Originally Posted by Hog's Gone Fishin:
Hedgies know the psychology game. If they can keep it from moving for a period then fear sets in. People start saying, **** it, I'm up 300% I'll just get out.

Myself ,I'd rather not look back when it's $150 and seeing what I left on the table. I took my initial investment out already. The rest is free money.


Anyway, it's supposed to squeeze tomorrow.
Yeah as soon as I sell it will squeeze!
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TambaBerry 09:44 AM 06-29-2021
Patience with AMC
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crispystl 09:58 AM 06-29-2021
Originally Posted by TambaBerry:
Patience with AMC
I think so too.
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KChiefs1 11:51 AM 06-29-2021
Originally Posted by TambaBerry:
Patience with AMC

I’m very patient.
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lewdog 12:16 PM 06-29-2021
Still have 75% of my AAPL trade. Moving stop to yesterday’s low.

In on TLRY mentioned above.
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neech 01:45 PM 06-29-2021
Originally Posted by lewdog:
Still have 75% of my AAPL trade. Moving stop to yesterday’s low.

In on TLRY mentioned above.
Is your target on ENTG around 126 and change?
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lewdog 01:54 PM 06-29-2021
Originally Posted by neech:
Is your target on ENTG around 126 and change?
I sold all between 122-23. Sold some and then got stopped out on the rest on 6-23 large red candle day.

Also just got stopped out for a loss on ABNB. That didn’t last long. Lol
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neech 01:55 PM 06-29-2021
Originally Posted by lewdog:
I sold all between 122-23. Sold some and then got stopped out on the rest on 6-23 large red candle day.

Also just got stopped out for a loss on ABNB. That didn’t last long. Lol
I was just wondering when I should sell mine, thoughts? I got in when you did.
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Shag 02:28 PM 06-29-2021
Originally Posted by lewdog:
My target tomorrow.

TLRY 18.68, 17.40 stop, 6.8%
Originally Posted by lewdog:
Still have 75% of my AAPL trade. Moving stop to yesterday’s low.

In on TLRY mentioned above.
This one's been trending down all day - did you have a buy limit hit early? If not, curious why you took a position (trying to learn).
[Reply]
lewdog 02:50 PM 06-29-2021
Originally Posted by Shag:
This one's been trending down all day - did you have a buy limit hit early? If not, curious why you took a position (trying to learn).
Buy stop market at that price. It went up to 19.24 this morning so it was triggered.
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stumppy 04:41 PM 06-29-2021
WooHoo!

VTNR has blown up 43% after hours.
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lewdog 05:03 PM 06-29-2021
Originally Posted by neech:
I was just wondering when I should sell mine, thoughts? I got in when you did.
This is all very subjective and you really have to figure out how risky you'd like to be with trading.

I lean to the more conservative side. Many traders are much more aggressive than I am. I prefer a lot of little-medium successes while others prefer being less accurate and trade for the home run.

Market conditions also precipitate how aggressive you should be. When things are whip-sawing, I am much tighter with stops. When things are going well, my initial stop loss may stay for days at a time.

With ENTG I was more conservative because it's previous best close was 122.05. So I tightened stop losses near this area in case it met resistance again. This did lead me to getting stopped out completely, which is fine as I locked in a 5% win. Had this stock been still retracing a previous high, I may not have been as tight with my stop. If you want to be aggressive with this trade you could sell 25% now and keep your original stop loss. If you'd like to be more conservative you could sell 25% now and set stop to right below intraday low of 6-28 at 118.49 (This scenario means it will be a green trade for sure).

My strategy for most trades is to sell 25% of the position when I hit a 5% gain. I then scale out another 50% of the position near 8-10% and absolutely raise my stop loss at this time. If my trading hasn't been going as well as I'd like, when I hit a 5% gain I also raise my stop to break even so that even if I get stopped out, I keep that trade green. If you prefer a stock to run but want to stay green, just keep raising your stop to the previous day's low.
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Hog's Gone Fishin 05:31 PM 06-29-2021
Originally Posted by stumppy:
WooHoo!

VTNR has blown up 43% after hours.
Wait, did you let us know this was gonna happen?
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