OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[igotthatstock]

FSLY is basically flat today. Market manipulation at its finest. I am sure Vlad suspended trading so as to protect everyone.

 

[broncos19dm]

 

[crownedhead]

Not a single thing in my portfolio is green today.

I'm way too tech heavy.

Also, I hope we've bottomed. Everybody has had their chance to buy the dip

 

[jmansmc23]

Seems like it was a flash crash, followed by a run up to run right the eff back down!

 

[johnnyredstorm]

I hate illiquid options markets. Trying to fill a LFMD risk reversal. Bleh.

 

[dman14]

since DIS being my biggest holding, it's not looking too bad overall. it's still bad
just have no cash to buy right now

 

[iheartboost]

Only green I got is AMC

 

[iheartboost]

How do you add price alerts to any of these apps?

I use Yahoo Finance.

 

[206to813]

So what are the lessons?
If we have a long term investing outlook (5-10-15 years) don’t overreact.
Diversify - I think most of us have almost everything invested in growth/tech stocks
Take profits
Save cash for dips

Agree/disagree/what else?

 

[OprahsBabyDaddy6]

Should’ve taken profits on MGNI at 64. Oh well, I’ll hold

 

[anderson]

So what are the lessons?
If we have a long term investing outlook (5-10-15 years) don’t overreact.
Diversify - I think most of us have almost everything invested in growth/tech stocks
Take profits
Save cash for dips

Agree/disagree/what else?

be patient and disciplined - nimble, spread your orders throughout ranges. don't be deploying entire cash stack within a few days..

like jrs said, better to say i shouldve bought more.

edit: also very important to not be over leveraged. if you're bugging you gotta re-evaluate your portfolio and/or how much you got in the market.

 

[skaterplayer808]

Wow, got killed like everyone. Knew I should've kept some reserve cash just in case. Glad to see people buying the dip and getting some stuff on sale

 

[johnnyredstorm]

all about perspective and timeline.

if you want to balance long term and short term, you trade around a core.

I want to own 50 shares of stock XYZ for the next 10 years. Stock XYZ goes down 10% I buy 15-25 shares. it goes back up, I sell the shares I added (sell by highest cost, don't use the default setting). rinse and repeat.

if you dont want the headache or tax bill, just buy actively and hold.

 

[young safari]

Added more STPK ABNB MVIS and NIO

 

[johnnyredstorm]

Filled a risk reversal in LFMD (formerly CVLB). August 25-45 call spread, sold the 10-5 put spread for 1.50 debit. Max risk is 650 if it’s under 10. Max profit is 2000-150=1850 if it’s over 45.

 

[206to813]

I want to own 50 shares of stock XYZ for the next 10 years. Stock XYZ goes down 10% I buy 15-25 shares. it goes back up, I sell the shares I added (sell by highest cost, don't use the default setting). rinse and repeat.
.

crap I never knew this

 

[hennessy]

Still salty about not being able to average down on CURI but I doubled my position in everything else around 10 AM and I’m about even for the day now. Bought $30k worth of stocks today while it was crashing.

Now SQ, IIPR, and ROCK earnings 3 consecutive days. Wild week.

 

[iheartboost]

Bought 5 shares of CCIV, short haul, stop added, confident it will bounce back. I also added more AAPL and TSLA, this dip will pay off on these.

 

[anderson]

TDOC, NVDA, and MGNI earnings tomorrow. Even though i closed out of my position for MGNI still looking forward to it.

 

[f82]

Should’ve taken profits on MGNI at 64. Oh well, I’ll hold

Long term hold on Magnite bro. I see this going 200+

 

[Otaku]

I forget, but someone correct me if I'm wrong. This is the slowest time of the year economically? Right before tax season and tax refunds.

 

[blackredxiiigoat]

Still reading, still learning. Don't want to stretch myself too thin too early. Took small positions in PLTR and FSLY the last few days.

 

[essential1]

Yeah I don’t really want to deal with the tax bill on selling for profit on a long term hold. Only if I desperately need the money. Easier to deal with it as a lump sum way down the line.

That’s future Essential’s problem. Screw that guy.

 

[sreggie101]

Not a single thing in my portfolio is green today.

I'm way too tech heavy.

Also, I hope we've bottomed. Everybody has had their chance to buy the dip

i just jumped in this thread for the first time in a while, after seeing my RH...and this message is too real. Tesla man thinking i should bail now while i can still turn a profit...

 

[southernhospita]

So the dip was actually bought today instead of people just saying it