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bldrinker

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You said that about my whole portfolio but never got back to it, which I know you’re busy and that’s not your job but a lot of my picks were pretty good. Most my dd is done on Reddit YouTube and tip ranks
Vic I don’t think xring is criticizing your investment strategy.
This is how I’m seeing things.
I don’t have much time or know how to study and put together a invest strategy like xring has the ability.

My solution is to look at very large popular companies and try to find any large pullbacks due to covid. Worse case is the companies take a long time to make a come back. Unless a catastrophe happens I will likely get my money back at minimum.

Looking at your investments I get the impression you are looking for a the next big thing. Which let’s face it we all are and that’s ok. If that next big thing don’t pan out you are in trouble.

It’s easy to make a bet when you wager $1 now make that same bet with $1,000

Changes your strategy.

I have made some lucky bets now I’m looking to walk away from the table and place safer bets.

Everyone is in different boats and to each their own.

Everyone wants to get rich today. Nobody ever says I want to be rich 10yrs from now.
 

BHC Vic

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Vic I don’t think xring is criticizing your investment strategy.
This is how I’m seeing things.
I don’t have much time or know how to study and put together a invest strategy like xring has the ability.

My solution is to look at very large popular companies and try to find any large pullbacks due to covid. Worse case is the companies take a long time to make a come back. Unless a catastrophe happens I will likely get my money back at minimum.

Looking at your investments I get the impression you are looking for a the next big thing. Which let’s face it we all are and that’s ok. If that next big thing don’t pan out you are in trouble.

It’s easy to make a bet when you wager $1 now make that same bet with $1,000

Changes your strategy.

I have made some lucky bets now I’m looking to walk away from the table and place safer bets.

Everyone is in different boats and to each their own.

Everyone wants to get rich today. Nobody ever says I want to be rich 10yrs from now.
Maybe I’m taking it wrong. I posted my portfolio and he basically said it was garbage and to let anyone know that I’m just gambling before I post any of my picks...,
Another spac
29341E35-1D7B-4818-B119-882958367703.png
 

bldrinker

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Maybe I’m taking it wrong. I posted my portfolio and he basically said it was garbage and to let anyone know that I’m just gambling before I post any of my picks...,
Another spac
View attachment 990288
Honestly Vic you are gambling. Nothing wrong with it.
If you are investing in a company that has no history of doing shit but may do shit in the future that is a gamble.

And it looks and sounds like you having been hitting more than you are loosing.

So my question to you is why don’t you wager more?
I would imagine because you know there is a dam good chance that each one could fall flat on its face.
If that is not how you feel you would be buying large amounts.

Nothing wrong with tossing money on long shots. But your feelings change when the amounts get larger. If I loose 2-300 I’m like well that sucked. If I loose 2-3000 I’m fucked.

Now think about the people who are playing with 20-30,000. They either have to have some good info to go off if like xring or have fuck your money.

So it all depends.
 

BHC Vic

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Honestly Vic you are gambling. Nothing wrong with it.
If you are investing in a company that has no history of doing shit but may do shit in the future that is a gamble.

And it looks and sounds like you having been hitting more than you are loosing.

So my question to you is why don’t you wager more?
I would imagine because you know there is a dam good chance that each one could fall flat on its face.
If that is not how you feel you would be buying large amounts.

Nothing wrong with tossing money on long shots. But your feelings change when the amounts get larger. If I loose 2-300 I’m like well that sucked. If I loose 2-3000 I’m fucked.

Now think about the people who are playing with 20-30,000. They either have to have some good info to go off if like xring or have fuck your money.

So it all depends.
I don’t have more to wager or I would put more in. I’m going all high growth until I hit 20k then I will change my strategy. I guess you could consider it gambling, but i do a lot more research than I’d like to admit.
 

hallett21

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There is no rhyme nor reason. The market has changed. My opinion is it will go and I will make money. Will it come back down? I don’t know. But my opinion is It will go up and I will make money. The market is more like a casino right now. Even the “experts” are saying nothing makes sense. I can post 1000 YouTube videos on who what when or why but it strictly a gamble based on trends. Wall Street bets Reddit and YouTube have created a whole new play book. Like VIAC. That was also a meme/Reddit play
Not saying you’re wrong right now. But history shows when everyone has a hot pick it’s time to get out lol.

I remember everyone talking about Bitcoin at 15kish and then watched it plummet to 3k lol


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bldrinker

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Vic I started investing in the stock market March 2020 because a friend of mine told me that his BA went from $400 a share to $90 a share. Before the crash he had over a million dollars worth of BA.

He said he wasn’t selling. So I thought to myself if he has the balls to stick it out why can’t I? So I started looking at the Boeing company...
That company isn’t going anywhere. So I ended up with $19,000 in Boeing at 1 time.
I started making money on it and slowly I pulled out and spread it around. Now I only have $9,000 in Boeing. The higher it goes the less chance it has to keep going. Take the winnings and spread it around.
I’m doing the same with Apple. I have almost 1/2 of my money in Apple. I will start pulling money out and putting it aside.
If visa, arkk, ARKQ or VUG pull back that’s where the money will go.
 

BHC Vic

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Vic I started investing in the stock market March 2020 because a friend of mine told me that his BA went from $400 a share to $90 a share. Before the crash he had over a million dollars worth of BA.

He said he wasn’t selling. So I thought to myself if he has the balls to stick it out why can’t I? So I started looking at the Boeing company...
That company isn’t going anywhere. So I ended up with $19,000 in Boeing at 1 time.
I started making money on it and slowly I pulled out and spread it around. Now I only have $9,000 in Boeing. The higher it goes the less chance it has to keep going. Take the winnings and spread it around.
I’m doing the same with Apple. I have almost 1/2 of my money in Apple. I will start pulling money out and putting it aside.
If visa, arkk, ARKQ or VUG pull back that’s where the money will go.
That’s exactly what I’m doing. Trying to turn 3k into 20k
 

bldrinker

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I don’t have more to wager or I would put more in. I’m going all high growth until I hit 20k then I will change my strategy. I guess you could consider it gambling, but i do a lot more research than I’d like to admit.
This is interesting to me.
If you had more to wager you would put more in. But then you say once you hit 20k you change your strategy.

So you are contradicting yourself and saying what I’m trying to say. With larger sums comes changes what we call investments or bets.

If you were investing you would be fine putting 20k in a stock.
 

BHC Vic

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Not saying you’re wrong right now. But history shows when everyone has a hot pick it’s time to get out lol.

I remember everyone talking about Bitcoin at 15kish and then watched it plummet to 3k lol


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It’s at around 57k now. I have some Bitcoin eth and doge. Maybe 10% of my portfolio is crypto. I don’t like crypto but I can’t fight it either
 

BHC Vic

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This is interesting to me.
If you had more to wager you would put more in. But then you say once you hit 20k you change your strategy.

So you are contradicting yourself and saying what I’m trying to say. With larger sums comes changes what we call investments or bets.

If you were investing you would be fine putting 20k in a stock.
I will change my strategy as in let things sit longer. Right now I like to double my money and get out. I leave a lot on the table sometimes.
 

bldrinker

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That’s exactly what I’m doing. Trying to turn 3k into 20k
Then why don’t you buy Tesla on every dip? Why not some Apple. You know damn well you will never loose money if you hold it long enough and if they decide to build the Apple car that it could makes Tesla type gains.

Or Palantir? Every Tom dick and Harry have it doubling at minimum this time next year.

Just food for thought.
 

BHC Vic

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I don’t want to work so hard. Right now I’m constantly working to grow my money. Once it’s a large enough amount I’ll look for longer term plays because I already have a full time job. I don’t need to be waking up at 1am to try and find runners 😂 that’s what I mean by change my strategy
 

BHC Vic

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Then why don’t you buy Tesla on every dip? Why not some Apple. You know damn well you will never loose money if you hold it long enough and if they decide to build the Apple car that it could makes Tesla type gains.

Or Palantir? Every Tom dick and Harry have it doubling at minimum this time next year.

Just food for thought.
That will take a lot longer. That’s why I’m going high growth. Nothing wrong with slow and steady but I’m not very patient. I post my tip ranks. Most everything I own is projected to grow quite a bit by end of year
 

Halvecto

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... The higher it goes the less chance it has to keep going.
Didn't expect to type this much. Oh well....

While that is conventional and reasonable, it is only true of a company with limited or relatively limited growth potential, which you are correct in your assessement of $BA. Boeing, while a critical company and seemingly well run, w/out acquisitions, it just doesn't have the profit runway (pardon the pun) that something, for example, like a $PLTR or $APPS or even $AMZN does. Some of the greatest stock investments ever have hit ATH (all time highs) on a consistent and regular basis. You own one, $AAPL. At some point, it's sheer size (market-cap) becomes a limiting dynamic which I happen to think $AAPL is getting close to that with it's $2+ trillion market-cap and may begin acting more like a Value stock than Growth. But don't believe the notion that performance alone will become a restriction. I am not an advocate for narrowly following one methodology, nor would I advocate buying whatever is hot. But, in reality the dominance of Value style investing which does tend to have a "limit" to it's price upside (dividends is often an additional benefit), in my opinion, is the result of three primary things:

1. Human nature. For most investors over 50 yrs old, the thought of losing significant amounts of $$ is time restricted. There is an "expiration date" on money needed for retirement and Value investing tends to be with names that are recognizable and therefore seem safe. See #3.

2. The exposure and influence of Warren Buffett. As one of the small group of exceedingly wealthy people and the only one who accomplished it almost all by investing and not creating a company, trying to replicate his style seems doable to many and is to be expected. But it is very rarely accomplished. Similar to any "great", they are best appreciated for being great, not as a model of replication. M. Jordan, M. Ali, J. Bezos. These guys are exceptions. Everyone knows about Buffet's large, publicly traded stocks, which he has to chronicle in his annual reports. He buys with such size that the dividends alone support all his cash flow needs. Few realize how he built his war chest and the amount he now makes acting as basically a private bank to some of the largest companies in America. He structures private debt/equity deals with monster upside. In 2012, Buffett bought $5 billion worth of Bank America stock warrants (basically a loan to BofA with a Call feature) along with "offering" them some private debt notes that paid him north of 6-8% while he waited for his warrants to be in the money, all of which was created for that transaction, giving him the right to buy a certain amount of its common stock in the future and a nice note for cash flow in the meantime. Each warrant cost him $7.14, but the common shares were worth more than three times that when he moved to exercise them just a few years later at $24.30. He made $12 billion in profit on that one deal.

3. Marketing. Value investing is a a benefactor of marketing (particularly insurance companies that feed fear) and investing education (formal & informal) and is seen as less risky. Buy Low-Sell High has built into it an effort/willingness to see stocks that went down as more attractive as those that have already gone up. Risky vs low-risk are terms that are inaccurately applied to growth vs value. Cheap is another word that is used as an attractive term, when in reality, most "cheap" stocks are cheap for a reason. Macro Market movements typically allow all stocks to get cheap, but good markets allow bad companies to get cheap. There are exceptions usually as a result of outlier events or paradigm shifts, but they are exceptions. In general, great stocks don't give you many chances to buy it "cheap" and terminal underperformers give you many, only to see them get cheaper (relatively or absolutely) or they are very cyclical. Yes, there are rare times that great stocks look away while you nab them on sale, but it's usually at a point that intuition won't cause you to make them a big slug in your portfolio. There is lots of lore out there, but few will step up with $$ to change life.
 
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farmo83

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I was in Disney Down in the 1teens and 120’s. Bailed at 160.
It has been hovering at 180-190 for a while. With reopening within sight it could only get better I imagine?
I think so they are into so much stuff that is closed down, cruises, parks, etc.

It's a long term play for me as well.
 

Xring01

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10% upside doesn’t do too much for me
View attachment 990297
BHC Vic,
Please do not take any offense to my opinions... which is a key reason why I do my best to put that at the bottom of most of my posts.
Please remember that I started this thread, so that we can all share thoughts, ideas, and learn from one another. Honestly, pm me your number, I will give you call to explain all my thought process's and most importantly WHY...

If I was 100% accurate on my trading strategies I wouldnt be on River Daves, I would be on Global Yachts... so I have alot to learn. But I am willing to share not only my opinion, but the reasons why I have those...

As I have stated/indicated, the vast majority of what I have seen in your strategy is pure speculative. Swinging for the fences types. My intent was to let you know thats how I saw it. But if that works for you, then keep doing it. Because that does not work for me.
PLTR.... why do I see value in PLTR...
Because they are in a huge growth spurt, and I believe they will continue that growth spurt for years to come. All of there major customers are the US Gov, US Military, lots of big Silicon Valley .coms, etc etc etc... They get large contract after larger contracts about every month. Due to that, I believe they can sustance an annual growth rate of 25% or more if they do that, then at the current valuations, there stock prices can go 25% or more per year, or more... I felt the same way about NFLX, I bought in with them at $75, until they got over valued at $350, and pulled back... Same story with AMZN which I have shared on here many times....

To me, there is a huge difference in my AMC and PLTR...
Why... one company is printing $$$ with more contracts, and huge customers, with an almost infinite growth potential. The other is technically bankrupt when, you truly evaluate there debt to asset ratio. Combine that with CV19, and I do not think AMC's business will ever get back to the volume it used to be. The world has changed since CV19, and some will be afraid of the next CV19 for the rest of there life. They will avoid confined spaces and crowds. Can AMC tay in business, and make $$$ yes they can in my opinion. But I feel they will have to update there theatres to allow for more space, and add more of a bar/restuarant type of experience to the consumer, once CV19 goes away. THink about AMC's Revenue growth, the moment they start serving alcohol... double/triple.... But does that mean they go from $9 today to $27 over night... no way IN MY OPINION... Thats going to take years.

I highly encourage everyone on this thread to pick out any business sector, then research the top 3-4 companys in that sector and then do a P/E ratio evaluation on all of them. See if you can see which one is the best one to buy in the next few weeks? This will truly teach you a few key things. Until you learn those things, then your just guessing at how to value any company/stock. The moment you take the guessing out of the equation, typically your profits start to increase....

So back to my investment strategy for those with accounts $5K - $100K...
Determine the top 4-5 Business Sectors that have a good chance of doing good over the next 3-6-9-12 month window, applying the current politics and global economics.
Then find the top 3-4 companys in each sector, and then determine the best of breed of that sector....

So now we have 4 different companys in 4 different sectors that are all best of breed in that sector. Divide your account into 20% x 4 company's....
Establish your trading plan on entrys, stops, profit targets.
Dollar cost average you way in to those companys over a period of time....
When they get over bought, sell off a portion and take profits, expecting it to pull back, and buy back in cheaper.... take a look at my AMZN/CHWY examples... I have gotten better since those lessons learned....

Now we have 20% left over, which can be used for spec plays or can be used to dollar cost average your current holdings due to a bad news break or take advantage of short term swing trades, or quick hitters...

I gotta run for now...... but I guess the next thing, is how do we identify best of breed....
So for homework... who is better Home Depot or Lowes?
Who is better.... Google or FB....
Who is better.... AMZN or WMT....
NFLX or DIS?
F or NIO?

Its all very subjective to what your goals rre...

As you dig into some of these details, you going to fell lost... trust me, its going to leave you with alot more questions than answers... When you get time, trying to determine why those questions are so important, and try to solve that. Youtube is your friend, when you approach investing lingo you dont understand, just seach on Youtube, someone typically explains it alot better than I do...

Focus on companys that have PE ratio, because if they dont, then its very safe to say its spec.... Once you can compare that both have PE, which one is over valued, versus under? Should short the over valued, or are they going to go higher? Or Long the one with the lower...

Then why are company's like CHWY have such a high price, with no P/E? Is it worth it at this price? Hummm do you believe they can be another NFLX, and invest there way into profitability? If you believe that, then what is a good entry price for them? What is the trading plan...

But if you jump down that rabbit hole, you will learn alot about those companys and why one may be better than the other...

But most importantly will become a much better investor/trader....

HOPE IS NOT A STRATEGY that I would risk my hard earned $$$ on.... The moment you say that you hope it goes up, then you should have already sold it.

Take the time to do your homework on all investments, never blindly follow anyone... including Jim Cramer, Warren Buffet, Kathie from ARK or me.... Take nuggets of info you get as suggestions for you to do more research....

Gotta go for now... but anyone who wants my opinion on this stuff... just pm me your number and a time to call you...

Remember, this is not my full time job, its my hobby, which I hope to continuely develop, so that I can retire better, and leave my family better off.
 

Xring01

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Plays like this are what I’m after.
View attachment 990300
Then I highly encourage you to take a hard look at whats going to happen if NIO gets de listed from the american stock markets...
One of the key reasons why its dropped 50% of its value recently, Yes even under Biden.... he is threatening Chinese companys of being delisted over political reasons... Which are valid in my opinion....

Now considering that nugget of info..
How much of your portfolio are you willing to risk on that investment... what your talking about is an investment, not a trade...

Me... there is no way I am risking more than 5% of my portfolio on NIO right now... No Way.... the potential for any news story thats comes back up about NIO getting delisted, not just NIO.... all bigger Chinese Stocks... they drop 15-25% in a couple of days.... PLEASE ASK ME HOW I KNOW....

I have been burned by those news storys, learned the hard way..... But again, these are my opinions.

Back to my prior post.... gotta do your research on your investments....

If you do your research, and you still want to invest, then all the power to you....

If you truly feel EV Markets are going to big in the next 3-6-9-12 months... Lets run this exercise together....
What is the best of breed in the EV Sector right now....
If you willing to do the home work, I will pick 3 to evaluate, you pick 3 to evaluate, we share the info, and make a decision together on which one we chose and ride that bitch.... Lets see if we can make some $$$.
 
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BHC Vic

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Then I highly encourage you to take a hard look at whats going to happen if NIO gets de listed from the american stock markets...
One of the key reasons why its dropped 50% of its value recently, Yes even under Biden.... he is threaten Chinese companys of beind delisted over political reasons... Which are valid in my opinion....

Now considering that nugget of info..
How much of your portfolio are you willing to risk on that investment... what your talking about is an investment, not a trade...

Me... there is no way I am risking more than 5% of my portfolio on NIO right now... No Way.... the potential for any news story thats comes back up about NIO getting delisted, not just NIO.... all bigger Chinese Stocks... they drop 15-25% in a couple of days.... PLEASE ASK ME HOW I KNOW....

I have been burned by those news storys, learned the hard way..... But again, these are my opinions.

Back to my prior post.... gotta do your research on your investments....

If you do your research, and you still want to invest, then all the power to you....

If you truly feel EV Markets are going to big in the next 3-6-9-12 months... Lets run this excersize together....
What is the best of breed in the EV Sector right now....
If you willing to do the home work, I will pick 3 to evaluate, you pick 3 to evaluate, we share the info, and make a decision together on which one we chose and ride that bitch.... Lets see if we can make some $$$.
[/QUOTE
That’s the only offense I take, I do more research than most. To me I see it like this, 8 years ago I told my boss I wanted more responsibility. He said your not ready. I left the company and ran a 10million dollar job for someone else. I told my boss last year I want to get my cwi... he said you aren’t ready. I’m sitting in the weld shop inspecting right now. People assume a lot about me. I just do my thing. I get sold short a lot. It’s actually what pushes me
 

Xring01

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Again, I am sharing my opinion.... Right Wrong or what ever...
I want people to share there opinion, especially if they think that I am about to make a mistake and lose money... Thats the goal of this thread... share info, learn from each other... and hopefully make more $$$....

I can honestly say, I value everyones opinion... even the bum on the street corner can teach us something.

My opinion on how I saw/see your strategy was exactly that, throwing out a caution flag, that hey you might want to take a harder look at your overall portfolio, and not just focus on spec, maybe get some company's that actually make $$$ consistantly...

I am serious, if you want to jump down the EV Sector rabbit hole... pick 3 stocks you want to evaluate, and I will pick three... share the info, and see which one rises to the top, then we throw $$$ into (obvioulsy in our own accounts) and see if we can make a buck or two. Hint hint... F and GM are already on my short list....

F should win big with F150 EV...
But GM has pretty cool battery tech that may be a game changer.
 

BHC Vic

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Again, I am sharing my opinion.... Right Wrong or what ever...
I want people to share there opinion, especially if they think that I am about to make a mistake and lose money... Thats the goal of this thread... share info, learn from each other... and hopefully make more $$$....

I can honestly say, I value everyones opinion... even the bum on the street corner can teach us something.

My opinion on how I saw/see your strategy was exactly that, throwing out a caution flag, that hey you might want to take a harder look at your overall portfolio, and not just focus on spec, maybe get some company's that actually make $$$ consistantly...

I am serious, if you want to jump down the EV Sector rabbit hole... pick 3 stocks you want to evaluate, and I will pick three... share the info, and see which one rises to the top, then we throw $$$ into (obvioulsy in our own accounts) and see if we can make a buck or two. Hint hint... F and GM are already on my short list....

F should win big with F150 EV...
But GM has pretty cool battery tech that may be a game changer.
I like nio cciv and Fisker. When I get home Ill start working on my whys. I have good positions in all 3 already but I wouldn’t mind picking up more. I want to het some options or leaps on nio I just don’t know enough yet.
 

BHC Vic

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he’s my favorite you tuber and it’s like he’s in my head. Video came out a minute ago and basically touched on everything I posted today 😂 creepy. It’s like he repeated everything I just said an hour ago. Dead get out of my head 😂
 

DILLIGAF

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I am not long winded......It is all about the % peeps. That is what the big boys look at and you should be too!
 

BHC Vic

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I am not long winded......It is all about the % peeps. That is what the big boys look at and you should be too!
That’s my big focus. I look at what stocks I can get the most percent gain on my money. I try to keep loses at 10-20% and I’ll usually take profit at 100% gain even if it’s still running
 

DILLIGAF

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One other important thought here....the market thinks ahead and not backwards...........
 

BHC Vic

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None of the ev’s are doing well today. I haven’t had a chance to sit down and write out my thoughts. Wasn’t planning on working today but I’m taking next weekend off to get the boat serviced so I came in. Stock moe is one of my favorites, this was this mornings video. Personally I hope nio drops a little more I want to buy options.

 

bldrinker

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I like VOO It’s dine well over the month
I have been looking at VUG and VTI as well as VOO.
I’m looking to move money and let it set for Atleast 5 to 7 yrs. with minimal monitoring. Then leave smaller amounts in Apple and Palantir.

If Palantir hype is real I might be able to pay off my house in 5yrs lol.
 

C08H18

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Anyone have any ETF’s I should look at.
@bldrinker
i have two accts i opened 2-3 yrs ago with all ETFs. One is a solo401K that i add to each year. Don't have a yearly ROI but here are some returns:

QQQ up 80%
IXN up 78%
XLG up 49%
XLY up 43%

Not good for short term trades or day trades, buy and hold stuff.
 

bldrinker

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Jumped in with both feet in ARKX.

Cathie has done very well with her other funds, so this should be worth more than $20 5yrs from now.
 

Nordie

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EYES was a fun ride, made a couple bucks.
 

C08H18

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I have been looking at VUG and VTI as well as VOO.
I’m looking to move money and let it set for Atleast 5 to 7 yrs. with minimal monitoring. Then leave smaller amounts in Apple and Palantir.

If Palantir hype is real I might be able to pay off my house in 5yrs lol.
i would suggest TSM, TOELY, LVMUY in the bucket of have and hold stocks. these have done well along wth the usual suspects of FB, APPL, Alphabet, VISA, ....
 

C08H18

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I have been looking at VUG and VTI as well as VOO.
I’m looking to move money and let it set for Atleast 5 to 7 yrs. with minimal monitoring. Then leave smaller amounts in Apple and Palantir.

If Palantir hype is real I might be able to pay off my house in 5yrs lol.
The issue i have with the ETF's like VOO, VUG, VTI etc etc is that they all hold the same equities. I did an analysis years ago when i held nothing but managed funds and realized that i thought i was diversified and in reality i wasn't. At that point i moved away from Mutual Funds and ETFs and bought stocks. That guarantees diversification. I still have ETF's in a couple of accts only because i keep a smaller balance.
 

Xring01

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DKNG.... Swing Trade...
Chart speaks for itself...

If you interested in it, this might be a place to buy a 25% position. In case it drops further.


1618240155069.png


Edited, further thoughts...
As long as it stays above $58, then its pretty solid,,, however, if it breaks $58 on the down side, and markets sell off, then it could drop as low as $55, which makes it a better buy....

Edit 12:24pm PST... Pretty happy with my analysis. It appears to be holding $58 pretty good, and it did give us an opportunity to buy it at below $57.50...I now have a 50% position in DKNG, for a swing trade.... Still a bit worried about markets this week, but if they cooperate, then this should be a good swing trade.

Good news, upside potential of $72.5 or higher, so if the markets cooperate, and one good news article could equal 20% ROI.
 
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C08H18

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@Xring01
look at the Nov 1 MACD indicator. trending to repeat. I'll watch and buy in @ 56.

Screen Shot 2021-04-12 at 12.19.58 PM.png
 

C08H18

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GME making a run right now. not sure what triggered
 

Xring01

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@Xring01
look at the Nov 1 MACD indicator. trending to repeat. I'll watch and buy in @ 56.

View attachment 991552
Well if I wait for that to happen, (go to $56), then it bounces to $63 tomorrow, and me sitting on the side lines.... But If I stage my way in, it will still drop, just to make me sweat, and still may go to $63.... If it stops me out, then it stops me out... for now, I am green on my position, and its 50% position. So I am happy.
 

Xring01

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GME making a run right now. not sure what triggered
Heard a rumor that GME is getting into the NFT business... which cracks me up... typical shit that Wallstreet bets guys would pump, just to cash out on it..

I am not touching GME, unless it was a true day trade... like in/out scalp at a key level... But thats me.
 

Xring01

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If you want to see fire works... look at TIRX today..... running along pretty good at $95ish and about mid day, it dropped dropped to $13...
Yep... 83% drop in just a few minutes..... now its up to $16.50ish...

Some peeps lost a boatload of $$$ today on it, you know the lawsuits will be flying shortly...

I bet it goes crazy after hours, but again, like GME... I am not touching it.
 

Xring01

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DKNG..
Wow... played it almost perfectly....

Not only did I swing trade it great, but I also day traded that bitch...
As it dropped this am.... I bought more to dollar cost average into my position....
As I thought about it more, and I saw it bottom bounce.... off $56.82 start to go back up...

I doubled my position on DKNG... (for a couple of reason, red on the swing trade, and to day trade it) So I had 2x the position that I would normally have for a swing trade....... (added more shares for a day trade)....

I just sold a portion of the day trade part of it.... and still 75% of the day trade shares running.... thats alone is at over $2/share winner right now...

Owe yeah... DKNG is my baby today...

Goal... is to slowly sell off the day trade portion of the position.... But I am planning to hold the swing trade portion, as a swing trade.

BTW... that same strategy didnt work out as good for CHPT....
I am still slight red on it, but only have swing trade size on it now.....
A key thing to note... if you ever 2x your position size, you have to put a tight stop on those extra shares, because if you dont, it can get very expensive. Another thing, because you have such a tight stop, there is a high chance you get "wicked" out. So this is a higher risk strategy....

NIO... daytraded it for a VWAP cross... from $37.82 - $38.50ish... all out for now....
 
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Riverfamlee

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anyone in dogecoin? pretty big run today. Probably has to do with coinbase coming out. I don't understand crypto so I only have a few bucks in it but it is up 83% overall for me
 

C08H18

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DKNG..
Wow... played it almost perfectly....
I tried your strategy yesterday. Bought a 25% position @ 58.25 , but got sidetracked to the lake and missed the drop. Got out at $59.25, which turns out to be too early.
 

C08H18

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What's your watch list? Here is mine - i own none of these BTW
Screen Shot 2021-04-13 at 10.56.18 AM.png
 
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