Currently at a point i just want to stick my last cents it into whatever and do nothing, dont even care about my losses anymore, these last two weeks were a big waste of time and money fueled by the rush of initial profits
probably but nothing drastic. we're probably going to just slowly bleed down to 2014 levels by summer
Nolan Hughes
Why do you invest if you have no idea? I know I dont know whats going on right now because its my first crash. So I stay on the side lines and watch.
This time right now is not normal. Watch and learn like me and we will be wiser when the market is rational and not as unpredictable again. We had the luck to be part of almost a decade long bullrun so we just need time to readjust
Dominic Gutierrez
because initial investments in the crash gave huge returns and one got greedy for more, gamblers fallacy basically
Daniel Flores
wow cute
every time that I see someone bragging about huge gains, I always know that they're going to end up like this
Hudson Nguyen
>gamblers fallacy +++
Colton Collins
that's what u get for trying to be smart trading regular shares fucko
held high leveraged ctfs overnight while underlying futures dumped?
Michael Rodriguez
Lmao just be born a congressman's son. Lmao just have $20 000 to invest when you're 20 (that's like having $200 000 now). Lmao just buy okayish stocks and sit on them for 50 years, also occasionally invest in private okayish business. Also sit home, don't spend shit and don't really go out anywhere, because if you die before you're 80 this strategy fails. Lmao you're a billionaire, everyone thinks you're a genius.
Andrew Cooper
So you gambled and lost money. What a shocker.
Jacob Gray
If anything Trump is the best example that every retard can make money if they have money.
Daniel Bennett
>Implying trump is a bad business man Stop seeing it so emotional..
Ryan Barnes
how do I get into buying stocks?
I've heard about "dividends" where certain stocks will pay you back for having them. Do you have to pay a lot for stocks like that or can I get into it for a little money and have checks for $1 come in the mail?
Mason Harris
open a brokerage account, connect a bank account, and start buying stocks
the dividends go directly to your brokerage account (your stocks account), not a check in the mail. it's wonderful 2bhwu
Well, all the media did sperg out at the notion that orange man stupid because he would've made a shit ton more if he had just invested in S&P 500 what he inherited. And that's almost exactly what Buffett has been doing last 70 years. But Trump instead went into some businesses, not all of which have been successful. Trump also went out of his home, traveled, fucked a shit ton of models and porn starts. He spent a shit ton to entertain himself. While Buffett sat at his home, ate at McDonald's and chatted with his friend - another smart investor whose great grandfather fought in the Black Hawk war and had got a shit ton of cheap land. Buffett just recently sold his fucking newspapers. NEWSPAPERS. I wonder when he's going to realise alkalike batteries need to be spun off because they're dying to lithium batteries. He has enough money to keep himself alive to that point, I think. If he's willing to spend it, of course.
Isaiah Turner
bro are you sure you're in the right thread? autistically buying stocks for 70 years while eating McDonalds and hanging out with Charley Munger is the dream... This is Buffett territory
Well, sure, if your dream lifestyle is being a NEET, then Buffett is a great role model. Buy KO, BAC, AT&T, XOM and some other high quality dividend yields at these low prices (which could get even lower) and enjoy a rather comfortable lifestyle in 10-15 years. At the same time Trump is a typical Chad role model. Have a shit ton of money, get credits from banks to fund it and your luxurious lifestyle, don't really do anything exceptionally, travel, fuck models, eat expensive shit, become a President for fun. It takes a lot of energy to do and you would probably have to go outside to do most of those things. It is really just a matter of choice (and more importantly having a rich lineage, of course).
Jacob Martin
remember, the true shitshow will only begin once people like this run out of money to "buy the dip" with. right now the entire market is still being propped up by bulltard cope.
Stop having ADD where you need to trade daily. You can monitor each day, but the options game can bite you in the ass of you try to make up a small loss. Pick an amount you don't mind being locked in and go long things. Have a few that you can swing trade that are decent companies, but still have some movement you can time. I have oil, defense, and a few tech/communications stocks. Not making any real profit now with this sinking crab, but I'm looking sit and buying a few things here and there to buy into blue chips as they sink even more. Are you doing this to make money or are you chasing the thrill? Good luck.
Michael Thompson
If you want to talk about how growing wealth by extraordinary amounts using stocks is boring and how great Trump is for spending his inheritance, that's your choice. I'm just curious why you are even in /smg/ in the first place if that is your opinion. There are plenty of other places on the internet where you can suck Trump off and hate on stocks, but this is a thread for people who want to talk about stocks...
Airline stocks might still go to zero despite bailouts. Take example from GM.
Mason Davis
Question about IV crush. I bought a SPY200 Put at the "bottom". It expires in August. Even if VIX goes to 30, I will still get some return if it ends up being like 5% in the money, right? RIGHT? IV crush can't be THAT big, right?
can we have maybe a commodity general ? for oil / natural gas day traders ? would that be an idea that would find support ? oil user was delivering quality stuff the other day , im currently holding puts on brent because i think OPEC meeting is a fake pump bullshit
Angel Fisher
There are oil threads once in awhile, but that's about it.
Brayden Roberts
as the option goes further in the money, the IV becomes a smaller proportion of the options' total value further out of the money = IV matters a lot more. This part of the reason why people can make such ridiculous gains with options; if you buy reasonably OTM puts on something really steady and it suddenly craters and the IV goes supermassive, the option value blows up in two different ways at once.
so for your option, you do really need SPY to go down. You probably won't achieve the same VIX levels as where you bought the option, but you can still make some money off it if that doesn't happen. Or not, if we just crab to the right.
Asher Reed
They already exist from time to time, but there's like 3 people interested in it so they come here instead
Lucas Hughes
Fuck options. They seem like such a nice gamble but then you realize that IV and theta is a thing.
Joseph Morris
I found this EXTREMELY rare German Pepe. Please save only 1 copy, if you must
If you learn more about options, you will understand why all the aspects of their price behavior are necessary.
I prefer stocks in almost all cases. Stocks are great.
John Stewart
jesus christ short airlines airline puts
Henry Nguyen
Download robinhood or degiro if you live in europe. Look into ETFs and Stocks, deposit money on to your account and start buying.
Connor Parker
do spreads to avoid IV crush the cost of options are huge rn, which can be offset by spreads as such, the break even point will be lower, and the impact of IV is less valuable also potentially look at box spreads, which is an arbitrage strategy that can have very minimal margins and also next to 0 risk (unless you're a retard, but thats all of options imo)
Samuel Williams
>box spreads Literally can't go tits up, eh?
Christian Long
how many boxes have you been spreading?
Hudson Kelly
You've no idea what you're talking about. Buffett has outperformed the S&P almost every year since he acquired Berkshire. A very insignificant percentage of professional money managers have been able to do that reliably. Read about the Buffett alpha.
Anthony Flores
1ronyman sold naked calls and puts, of course it would go tits up
Hudson Turner
Wasn't the problem that he used american options instead of europeans, thus having assignment risk?
Jason Watson
Whats next for oil? Whens next meeting of interest? Which companies will make it?
Monday. Exxon. At this point, I wouldn't be surprised if Shell died.
Kevin Long
I scalp moving averages for a living using moving averages and i still have no idea why you would get into options instead of just going long or short on the underlying securities. I don't need to worry about premiums or theta decay or any other weird shit, i just know what the trend is and therefore where the areas of value to enter at are (you use 3 EMA's and you buy or sell the middle one depending on where the other 2 are).
i don't get what the benefit of doing options instead would be. but hey i guess as long as we're all making money it doesn't matter, right?
Keep tabs on high-yielding stocks which have (or will) cut their dividends during this crisis, then dca into them until we reach the bottom. Make sure to pick stocks that are likely to survive the crisis, stay away from travel / transportation / infrastructure.
Let's say there's a company with a January 2020 stock value of 100$, a dividend of 5$ and a fair value of +-70$. They are currently under pressure and their stock has dropped to 80$ but they still pay their dividend. As pressure mounts in the coming 2-4 months, they eventually cut their dividend to near 0 and the stock dips below 60$. Now you start buying a bit every week. Eventually, when the crisis is over, you have a sizable pile of their stock with an average cost of 50$ or so. Within 3-5 years, they may get their dividend back to previous levels, which means you now have a solid stock position with a dividend yield of 10% and very low risk.
Aside from just buying ETFs this is probably the best approach for retail investors who have little experience. Don't get into puts and calls even though it's tempting, you'll get absolutely fucked as a beginner.
Easton Martin
from what i understand when he sold his call and put options as part of the box, someone exercised the options to get the 100(times the spreads he sold) shares that the options allowed them to if the calls and puts were covered, he would have not lost money, but he would have needed much more capital to establish the position
Liam Gonzalez
Go back and stay back
Caleb Brown
i dont have the capital to invest any considerable money into stocks with long calls/puts, the risk is the premium, and thats the maximum risk that I have if the contract goes up in value, I can sell it; if the options contract gets ITM, I can execute it otherwise, if it loses value, I can sell the contract early for a loss or let the contract expire but really, it's because I'm too poor to buy enough stock to really make money with direct investments; derivatives allow me to benefit from the underlying for a fraction of the price >having enough knowledge to know what is plebbit and what isnt this implies that you, too, need to go back
Adam Johnson
lads, if i just set up daily iron condors or vertical options, with expiration of the same day, the probability of me making a steady income daily is higher than loosing right ?
Eli Long
I only lurk wsb. Don't even have a plebbit account. Also /smg/, WSB and the comment section of the SPX futures on investing.com are one and the same.
Eli Russell
That's completely false. Yes it's easy to make more money when you have a lot of money IF you know what you're doing, but at the same time nobody can deny the fact that Trump has a certain charm to him as a businessman. If you were to give out $10m each to 100 americans as a test, I can promise you that a vast majority would just spend it religiously without even thinking twice about how they can build more wealth on-top of those millions to ensure a wealthier future. The best investment they would do is probably buy a house for a million or two because everyone wants a nice house if they had the money for it... but that's about it.
Sebastian Wood
le pennies meme it could work until it doesnt dont sell naked calls/puts
John Bennett
Real recognize real
Nathan Mitchell
>I wouldn't be surprised if Shell died Woah why? Ive got some rds.b as i thought it was one of the better ones. Thanks. So more pain until Saudis and Russia stop fighting.
William Nguyen
I hate the ETF landscape in my country. The only sensible option is S&P 500 which is good, don't get me wrong, but not diversified enough and a lackluster choice for me as an income oriented investor.
Elijah Morgan
Why buy individual high div stock instead of a dividend etf?
Levi Anderson
10m is a bit much, how about $50,000? That'd determine a real situation. You can actually be an absolute retard and fail repeatedly with $1m.
Ayden Taylor
how much do you risk on any given trade and what are your returns like? do you just buy calls or puts, or do you do any fancy stuff for most of the time?
Parker Morales
shell died ? you must be kidding me, if anyone shell will survive
Jaxon Diaz
It will be a higher dividend yield. Vanguards dividend is only like 3% while shell for instance is 10%.
Aaron Bailey
i wouldnt mind a steady 100 bucks every day to be honest
Lol, people are still butthurt little pussies about trump, There are millions of people born into rich families, how many become internationally famous and go on to be the US president
