Stock Market/Investing

[Anytime23]

Is that from the webull app right there?

also, where are the rocket icons? seems like something is wrong.

Yes, thats the desktop app.

 

[ijustposthere]

Yeah....I had a 1000 shares....Now 50 shares and it lost 25 percent of it's value. What a great deal Helix made for it's investors.

I had 500 and was looking at getting another 500, I'm fucking pissed what happened. Especially after I watched it at $44 and could do literally nothing. Most of my other cannabis stock I'm holding longer term, so I don't care about the dip. If I had more cash I'd be setting up those positions, but I'm probably going to take the few bucks I got and throw it in my tech stocks. Or just save it.

 

[ijustposthere]

If it makes you feel better, I bought in at the open on Forian at 25$ a share and am now also a bag holder.

I think it is probably a short term dip combining people selling off to get their money out of of the acquisition and the general market downturn we're experiencing.

Might be a while, but I'm gonna hold it and see how it performs when the market turns around.

I'll hold it to zero. That'll show em. But seriously, I will hold it to zero. I don't have my life savings in it or anything.

 

[MDB111™]

how do you spot the bottom? like what indicators are there that is gon stabilize?

RSI, VWAP, EMA, SMA's

All good indicators to show how a stock is oversold, overbought, underwhelming volume or extraordinary volume. Many stocks follow their Simple Moving Averages so if a stock is hitting that all the time and bouncing right off of it, you can buy there are ride it up.

These are all indicators and studies that you can add to a chart and read it accordingly

Then factor in time frame- Obviously a stock bouncing off the bottom VWAP on the daily minute chart would not neccesarily mean it is ready for a reversal if it still shows it is way overbought on the 180 day chart.

 

[MDB111™]

Short answer: turn on the MACD and RSI charts for whatever you're trading.

View attachment 10594

Personally I like Webull's desktop app and UI the best. Their mobile app is pretty slick too.

It certainly puts Fidelity's joke of a mobile "app" to shame that's for sure.

This guy gets it

 

[ijustposthere]

RSI, VWAP, EMA, SMA's

All good indicators to show how a stock is oversold, overbought, underwhelming volume or extraordinary volume. Many stocks follow their Simple Moving Averages so if a stock is hitting that all the time and bouncing right off of it, you can buy there are ride it up.

These are all indicators and studies that you can add to a chart and read it accordingly

Then factor in time frame- Obviously a stock bouncing off the bottom VWAP on the daily minute chart would not neccesarily mean it is ready for a reversal if it still shows it is way overbought on the 180 day chart.

I really have to get on your guys' level. I'll watch boiler room this weekend.

 

[Anytime23]

I really have to get on your guys' level. I'll watch boiler room this weekend.

Love that movie.

 

[ijustposthere]

Googling average down rn

I'm just talking about dollar cost averaging. I can't do tech analysis yet, and the vast majority of my accounts are retirement accounts, so I don't worry about highs and lows. I just buy my monthly allotment. I try to build up a little cash on the side for the dips, but my money is focused elsewhere atm.

 

[MDB111™]

I really have to get on your guys' level. I'll watch boiler room this weekend.

Fantastic movie! Never gets old.




DON'T do what they do

 

[Raskolnikov]

Every CEO I've seen/heard.... my own employer.... on CNBC.... during Congressional testimony.... every single one is a dead-eyed sociopath that appears to have little to no empathy.

Does the money turn you into that or do emotionless sociopaths just do really well at business?

It's likely a little of both.

Once you have the money I believe many of your social interactions become inauthentic as you have something people need to feed their children, or get what they want, and the inability to actually help most people with their circumstances even if you dump resources into them jades you further.

 

[HearshotKDS]

Pretty much the only thing making me money the last week besides covered calls are DASH puts as the price yoyos between 152 and 140 where SoftBank fights/inflates the price to keep it above 127.50 for Tuesday when the share lockup ends.

Bottom fell out.

 

[Broc]

 

[botfly10]

Bottom fell out.
View attachment 10608

hmm

just have to learn wtf that even means now

 

[botfly10]

View attachment 10611

tell you what

I got no sense of FOMO when it comes to the GME malarkey

I got some at the tail end of the first ride, but that was scary enough. shit is terrifying at this point

 

[HearshotKDS]

hmm

just have to learn wtf that even means now

These are "puts" on Door Dash - they ended the day up $45k. Looking to sell off tomorrow, hoping for 150-200K. This is Options trading.

 

[HearshotKDS]

GME up over 220 in premarket, what a cumback.

 

[Broc]

?? up in this *****, when I dip, you dip, we dip
Then we buy up all that dip, now I’m rich, you rich, we rich

 

[Broc]

 

[Burque]

I'm up like 28 percent in vet and vtho. @HeHateMe

Only sixty percent invested and that gain is for the entire account. I'm hoping for a little dip so I can get the rest in.

Also, for anyone else interested in binance.us be aware that you can only add 1000 usd per day via ach.

 

[botfly10]

anyone buying Roblox? RBLX