The Official Stock Market Thread

[KhalDrogo]

Originally Posted by jdandns

For me, what I try to do is buy the stocks when they're lower, and then try to sell them when they are higher. Results have varied thus far, but I feel like this is the right way to do it.

Thank you for that.

You’re a great example of your own feelings on this thread. If it wasn’t already painfully obvious, the last two months made it clear that this thread is largely not worth listening to.

Investing is easy. You just keep putting money into the market no matter what the conditions are. If you want to get a little bold, you set objective measures for buying on declines. If you want more boldness, you do it with individual companies who feature impeccable businesses.

[finfangfan]

And you even proved our point that the people saying move to all cash after the early April sharp drop without providing guidance as to when they planned to reenter were offering bad advice. If you sold at that point, you would have missed a double digit run up in market overall and significantly higher run up if you picked up some gems like NVDA on the steep dip.

But you are right, everyone’s goal is to buy low and sell at a price higher than they acquired.

[stanmarsh]

I buy high and sell low.

[jdandns]

I'm currently rating Jell-o futures as a best bet.

[oldgoldy97]

Originally Posted by finfangfan

And you even proved our point that the people saying move to all cash after the early April sharp drop without providing guidance as to when they planned to reenter were offering bad advice. If you sold at that point, you would have missed a double digit run up in market overall and significantly higher run up if you picked up some gems like NVDA on the steep dip.

But you are right, everyone’s goal is to buy low and sell at a price higher than they acquired.

What if you’re shorting

[KhalDrogo]

I’m surprised features aren’t down more with the Russia-Ukraine news.

[finfangfan]

Yeah you would think futures would be down further.

[finfangfan]

I’m actually up a smidge at open.

[finfangfan]

Market on the uptick again this morning. I got out of NVDA in my trading account for like the 4th or 5th time this year so far when it crossed $140.

[KhalDrogo]

[oldgoldy97]

[patchgenie]

I bought GOVB - Gouverneur Bank. has 1.06 million shares out. $29 BV. trades at 13. a stale bank that will hopefully be sold. some activists in this.

[KhalDrogo]

We need reasonably good news out of China and then we can push to all-time highs.

[finfangfan]

Originally Posted by patchgenie

I bought GOVB - Gouverneur Bank. has 1.06 million shares out. $29 BV. trades at 13. a stale bank that will hopefully be sold. some activists in this.

I looked into this. Put in a limit order for 100 shares, but likely won’t fill. As of 2:00 today only 53 shares traded.

[NYBBFAN]

Why do people insist on trading illiquid garbage and crap under $10/share?

Your money is better invested elsewhere.

[finfangfan]

It’s in a fun trading account. I also have a boring retirement account and a slightly less boring taxable stock account.

[finfangfan]

That said… I cancelled my order.

[jcardstore]

Originally Posted by NYBBFAN

Why do people insist on trading illiquid garbage and crap under $10/share?

Your money is better invested elsewhere.

Gambling

[oldgoldy97]

Wow. Something must have broke. Nothing but red in the last few minutes.

[imbluestreak23]

Elon Trump feud?

[pac213up]

Originally Posted by imbluestreak23

Elon Trump feud?

Entirely predictable.

[Siberian13]

Originally Posted by NYBBFAN

Why do people insist on trading illiquid garbage and crap under $10/share?

Your money is better invested elsewhere.

You ask this on a site for trading cards?

[finfangfan]

Bloodbath!

It’s been awhile since I’ve been in TSLA so added a bit on the dip.

[imbluestreak23]

Bought at 296, didn't exect another 5% drop haha

[imbluestreak23]

Elon, Rand Paul, Johnson, and Massie are the only ones with nuts to say what needs to be said.

Buy the dip