09-02-2020, 10:33 AM | #2598 |
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Better time was a week ago.
Seriously though - I'd hold a day or two and see where it settles after the split. Same for TSLA, still dropping today.
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09-02-2020, 01:38 PM | #2599 |
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XSPA is down to $1.95 as I type this. Happy that I got out on the spike, breaking even.....
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09-02-2020, 01:43 PM | #2600 | |
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Whew!
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09-02-2020, 03:09 PM | #2601 |
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My stubborn ass stayed in lol. I am still in the green but not by much. I have no idea why I held this one so long. I have definitely learned some lessons. At one point my spread was up 130%, as I type this I am only up 50%. It's been a rough 3 weeks.
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09-02-2020, 04:43 PM | #2603 |
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I sold all (20%) my COVID plays when Russia announced the vaccine news and put it all into long term holdings. I’m thankful for that group because I made 4K in the last 2 months. Back into all blue chip and ETFs....set it and forget it
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09-02-2020, 05:31 PM | #2604 | |
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I am mostly wondering if ppl are still making money from his picks recently. |
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09-02-2020, 06:22 PM | #2605 | |
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I think vaccines stocks are old news...need to find another field to play on |
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09-02-2020, 06:46 PM | #2606 |
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09-02-2020, 07:00 PM | #2608 |
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Anyone buy the Zoom call contracts which netted 5000%+ in 1 day? Missed out but wish I did, fml.
Wish there was an options thread. Trading stocks gets boring as fuck short term when I've been averaging 100%+ returns in a few days recently in options on most contracts. Is there seriously no one here who trades derivatives? |
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09-02-2020, 07:11 PM | #2609 |
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09-02-2020, 07:12 PM | #2610 | |
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I wish I was smart enough to understand them because I'd probably play a little. |
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09-02-2020, 07:13 PM | #2611 |
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09-02-2020, 07:21 PM | #2612 | |
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I think a lot of what people thought how the market would react are still scratching their heads as to what’s next. It’s been a roller coaster of fun. I’m still in some of the RMTT stocks. I’m also barely in the green on XSPA even with their 90000000:1 RS Made a nice profit from UAVS along with some others like SRNE but I also still have quite a bit in blue chip and growth stocks. For me, the RMTT picks were other things to occupy my time and play with some fun money. Still miss the guy but I won’t be paying any subscription fees to any site for stock tips unless it’s something extremely credible. Just my honest opinion. |
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BimmerDimmer61473.00 |
09-02-2020, 07:33 PM | #2613 | ||
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You can hedge your positions though through spreads. The naked call is the riskiest position you can take in options to be in lol. If you want to learn, look into basic long calls and understand how it works, I'm sure you'll pick it up fairly quick and you can build up from there. Naked calls and puts, condors, straddles, butterflies, vertical spreads (which I trade mainly.. bull call spreads) are all advanced strategies so once you learn the basics you can try those out after understanding how options work in greater depth. It's just a lot to write out to teach here, maybe try YouTube videos or try tastytrade for options (good learning tool). Then use a paper trading account to apply what you've learned and test out some trades! One of my Tesla calls 3 weeks ago cost me 5k and at peak was worth 40k in 1 week. Did I sell, no I got greedy. Still green but not near 40k lol. |
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09-02-2020, 07:54 PM | #2615 | |
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I think people have a misunderstanding. I don't know that RMTT is making any money off the group he suggested. I don't think it's "his" group. Maybe he is getting something but not anything big. That's my perception anyway. I still talk to him on stocktwits and he gives advice as always. I never joined the group he is in but not for any particular reason. RMTT is one of the nicest guys that's been on this board. Very few of his picks here were short term and not long so how they are doing now is irrelevant. With a lot of these biotech stocks it's as much about when you exit as when you enter. Exit has been my mistakes. His entry points have always been spot on and I don't think I have had a loser that he picked. I have been transparent here. I started with $10k, fell to about $7k on my own and then once I started taking advice at one point my account balance was $23k. As of today it's backs to $15k because I didn't take profits as suggested and tried to hit the lottery in a few. I would still say a 50% return in 5 months is good and nothing says that some of the ones I am in won't bounce soon. The ones hurting me the most right now were suggestions from a dude on stocktwits which I'll leave the name out. These are the ones I am in as of tonight. XSPA KTOV GLBS PRPO DLPN SINT TORC BIMI Only XSPA and PRPO are still green but I took profits on PRPO when it bounced to $7. As always good luck to everyone. This has been educational and fun. |
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BimmerDimmer61473.00 vreihen1621261.00 |
09-02-2020, 08:06 PM | #2616 | ||
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I spoke to him a few time, good guy. This board wasn't really much of interest to me since penny stocks is definitely NOT my thing (don't get me started on it, I'm sure corn18 can relate too lol) but I liked skimming thru and seeing the conversations happening and glancing at the picks that were being thrown out once in a while. I'll come back and take a look maybe once in a while, see how you fellas are doing. But its pretty much dead here now so I think I will go ahead and unsubscribe. Good luck to all and remeber to never get too greedy!! |
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09-02-2020, 08:54 PM | #2617 |
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09-02-2020, 08:57 PM | #2618 |
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