All things STOCKS

[Orange_Vol1321]

Well, Friday’s are typically sell days. I’ll hold. SAVE loves to gap up over weekends.

Yep. With everything down it's the time to jump on stuff. Interesting to see how it plays out today.

 

[VolAllen]

When you day trade and are in on something running do you continously set stop limits in behind it?

I typically just go in heavy and then pull out when it’s at a $ I’m happy with. I try not to get cute and greedy lol

 

[ButchPlz]

I'm selling things I'm not fired up about today and staying tuned to jump on any good 'deals' that pop up. I bought SAVE back at $10 and sold it when it got up to $25. If it drops a little more again I may snag it again.

 

[VolAllen]

I'm selling things I'm not fired up about today and staying tuned to jump on any good 'deals' that pop up. I bought SAVE back at $10 and sold it when it got up to $25. If it drops a little more again I may snag it again.

I’d say it’s got another run to $25 before earnings in July. Then it will crash, then you load back and ride up again.

 

[Thunder Good-Oil]

It should be really simple. Make 3% every Friday and double your money twice a year. Shouldn't take long to have a few billion dollars banked.

 

[ButchPlz]

It should be really simple. Make 3% every Friday and double your money twice a year. Shouldn't take long to have a few billion dollars banked.

You're hired.

 

[VolAllen]

TSA hit 500k yesterday. Looking good

 

[Go aeiou]

It should be really simple. Make 3% every Friday and double your money twice a year. Shouldn't take long to have a few billion dollars banked.

If only I'd known that! Dam!
The idea of investing systematically works. Especially for those that can't control their emotions and invest when things look great, and sell when things are at their worst. I had clients that panicked in 2008-9 and got out of the market near the lows with their retirement savings.

 

[GoDucks349]

Question: I read a piece this morning that talked about day traders and sports betting. The implication was that given the lack of sports events to bet on, many sports betters have turned to day trading. Any thoughts on this possibility?

 

[Orange_Vol1321]

Markets look good so far but I'm sure a lot got pinned yesterday and there will be a huge dump when it opens. I hope I'm wrong.

 

[VolAllen]

Question: I read a piece this morning that talked about day traders and sports betting. The implication was that given the lack of sports events to bet on, many sports betters have turned to day trading. Any thoughts on this possibility?

100%

 

[LIvol]

Curious for the experienced people, if you set a market limit for stocks (i know this works in other markets as well) would it be better to keep a .01 buffer as i have noticed quite a few stocks not hitting a whole number.

It may be a spastic thought so here is an example:

DGLY went to 6.99 but if I had set the limit usually it would be to 7.00 and it would have never reached that and I would have lost a good chunk of money. The same way goes for the bottom half as I have noticed that BA went to 167.01 but I used a while number of 167.00 and it never hit. If you are advising to do limit ordering should I try and fraction of a whole share, like 167.25 instead of 167.00 or am I looking to much into this?

 

[ButchPlz]

100%

I will second this because I know personally several avid sports bettors that are doing it.

 

[loosedog]

When you day trade and are in on something running do you continously set stop limits in behind it?

Why not just use a trailing stop percentage once and roll with it?

 

[VolAllen]

I will second this because I know personally several avid sports bettors that are doing it.

All of my restaurant owner friends jumped on board too in March during shutdown. I think a lot of money moved to the markets during that period. Some out of necessity, some out of boredom.

 

[mr.checkerboards]

TSA hit 500k yesterday. Looking good

Jets looking promising this morning as well

 

[Orange_Vol1321]

https://www.google.com/amp/s/www.th.../palantir-technologies-ipo-big-data-analytics

 

[bignewt]

What a slow bleed today. Glad I'm still up on almost everything but yuck.

 

[VolAllen]

What a slow bleed today. Glad I'm still up on almost everything but yuck.

I won’t be surprised if Spirit closes at 20.00 lol. That thing is wild

 

[BigOrangeMojo]

Bought GMRE today (Medical office building REIT), TJX and DLTR. Added to LVS and SCHW.

 

[mr.checkerboards]

Everything started coming around today except for vislink. I need it to get with the program

 

[BigOrangeMojo]

All of my restaurant owner friends jumped on board too in March during shutdown. I think a lot of money moved to the markets during that period. Some out of necessity, some out of boredom.

Problem is I think a lot money moved into the markets in late May than late March...

 

[VolAllen]

Problem is I think a lot money moved into the markets in late May than late March...

On my 3rd rum and I can’t understand exactly what you mean?

 

[Orange_Vol1321]

Cramer thinks Wall Street pros may be playing a game with amateur Robinhood traders

 

[Firebirdparts]

Hertz sale of worthless stock was approved. Not even joking.