Economy stock talk v7, meme stocks go up

[daPROFESSOR]

I wish I were a better trader. I’m doing ok but better traders are crushing

 

[BIKES!]

Either way it should be a lesson that fad stocks are basically shitty lottery tickets unless you fundamentally understand the business,

yeah Covid wasn't the best time to start day trading. But would you cut your losses at 15 - 20% on those?

 

[brackis1]

I wish I were a better trader. I’m doing ok but better traders are crushing

Shouldn't worry about that.
Anytime I obsess over a missed trade I end up just wasting more time and energy that could be put toward the next one. If you're going to look at performance, make sure it's because you're trying to analyze WHY something happened, not just fomo regret.

 

[brackis1]

yeah Covid wasn't the best time to start day trading. But would you cut your losses at 15 - 20% on those?

I actually think those stocks will be up in a down market at the open based on how the futures are playing out right now. You shouldn't look at it as how much you lost or not. It's "where is this going and how does my portfolio/risk profile get affected by it?" unless you have some tax situation to consider.

 

[BIKES!]

I actually think those stocks will be up in a down market at the open based on how the futures are playing out right now. You shouldn't look at it as how much you lost or not. It's "where is this going and how does my portfolio/risk profile get affected by it?" unless you have some tax situation to consider.

Friday was very bad on those two AVCO down 12% and INO down 15%. Isn't that some bat shit crazy losses for a day? i've never lost that kind of money in a day even at Vegas...

 

[G-19]

Friday was very bad on those two AVCO down 12% and INO down 15%. Isn't that some bat shit crazy losses for a day? i've never lost that kind of money in a day even at Vegas...

What did you buy into INO for if you don’t mind me asking and how much do you know about biotech?

 

[BIKES!]

What did you buy into INO for if you don’t mind me asking and how much do you know about biotech?

It was a tip along with Gilead and Moderna. I sold Moderna and then it jumped and Gilead Is iffy.

 

[brackis1]

It was a tip along with Gilead and Moderna. I sold Moderna and then it jumped and Gilead Is iffy.

Listening to "tips" is a shitty thing to do especially if something has already run up. Usually that just means people who profited off the run are looking for more people to believe the same bullshit.


As for Ino and co I literally have no idea. It was doing this same bullshit at a lesser price then spiked, but there's very little grounding in reality which is why the outcome is about as likely as a roulette wheel.
If someone tells you to bet on Red and red hits, are they giving you great gambling tips? Nah they're just grambling.

 

[brackis1]

lol somehow TSLA is up 6%. Totally absurd. Cramer sucking off Tesla once again.
"omg they don't pay for ads so it's amazing!" says the paid stock shill lol.

Just like Trump, this dude can be dead wrong and fuck things up and his fans will still line up to take a load in their throats.

 

[brackis1]

LOL. 10 minute fluff piece interview with TSLA shareholder/former board member.
I don't think I've ever seen someone get this long an interview with a sidebyside of the stock ticker as it incrementally goes up by a fraction. I'll flip the shares but really wild how much these two are in bed, all while the Tesla cult screams about the mainstream media being unfair to Elon lol.

 

[Gas121]

What's your thought on banks stock? Looking at investing for the long term there. Stock has almost halved.

NZ is indicating to open back up for business next week. Reports of zero cases the past few days and its pretty much been eradicated. NZ stocks appear to have hit their lows and with business opening back up I can only see an upswing here. Some stocks tanked and haven't moved since due to the lockdown. Banks here look a good buy IMO.

Im still a little bearish in the market with the uncertainty but I see a few potential steals.

 

[rob mafia]

What's your thought on banks stock? Looking at investing for the long term there. Stock has almost halved.

NZ is indicating to open back up for business next week. Reports of zero cases the past few days and its pretty much been eradicated. NZ stocks appear to have hit their lows and with business opening back up I can only see an upswing here. Some stocks tanked and haven't moved since due to the lockdown. Banks here look a good buy IMO.

Im still a little bearish in the market with the uncertainty but I see a few potential steals.

fucking hell, man. like one whole day ago, you were talking crazy doomsday shit. now you're asking about buying into banks? ffs! make up your mind.

also, why would we advise you? and why would you want to be advised financially by sherdog?

 

[Gas121]

fucking hell, man. like one whole day ago, you were talking crazy doomsday shit. now you're asking about buying into banks? ffs! make up your mind.

also, why would we advise you? and why would you want to be advised financially by sherdog?

The outlook for the US and Europe isn't pretty, this side of a world is a different story. There are ZERO cases this side of the world and has been basically eradicated. Covid is still alive and kicking over the shores, and will likely will be for a the foreseeable future because leaders have failed to act properly and swiftly.

I have not touched any stocks outside of Aus/NZ. I wont be investing in any banks outside of my country so perhaps I could have worded that better.

There will be a bloodbath when you folks get a second wave because Mr Trump is incompetent to take control of the situation.

 

[rob mafia]

yeah, it's trump's fault that there's a global pandemic that originated from a lab in china. /s

and it's probably trump's fault that china/who lied about it, too. tds, *shakes head*

 

[44nutman]

I wish I were a better trader. I’m doing ok but better traders are crushing

You have to look at it, like a basketball player. Sure you are going to miss some shots, but that should never stop you from shooting.
We all miss on stocks, either selling too soon or holding too long, but if you spend too much time obsessing over the one you missed, well you will miss the next one as well.

 

[brackis1]

yeah, it's trump's fault that there's a global pandemic that originated from a lab in china. /s

and it's probably trump's fault that china/who lied about it, too. tds, *shakes head*

I mean it's not, but he does have a great hand in making us a superspreader country lol.

 

[COTUR1@43]

Would definitely buy airlines .

It could work out okay.
It could also go to zero.

 

[COTUR1@43]

An investor will buy the airlines. To many people fly daily.

Zoom Airlines?

 

[kenetics]

I knew that's was going to happen. I bought alot more

 

[rob mafia]

I mean it's not, but he does have a great hand in making us a superspreader country lol.

i mean... honestly, it's damned if you do and damned if you don't.

he can't issue lockdowns (even state orders appear to be unconstitutional) and there's not a whole lot a president can do in this case. the irony is that he tried to shut down the borders and restrict travel... which was generally opposed/criticized. the WHO is crooked and even NIAID seems shady (fauci/niaid/nih funded and supported the wuhan research and removed a ban on gain-of-function testing, amidst secret reviews)

( https://www.newsweek.com/dr-fauci-b...lars-risky-coronavirus-research-1500741?amp=1 )

but again, i think we're doing it all wrong and think we should just quarantine the high-risk/those known to be contagious/sick... instead of shutting down and extending the outbreak's timeline.