Me too I have enough if it goes I will do well but if it goes to 0 not gonna change my life in any way.
Sent from my couch using my thumbs
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Stocks
- Thread starter Boots
- Start date
Sent from my couch using my thumbs
Robinhood is being sued by the parents of 20-year-old trader who killed himself after believing he had lost $730,000
Lawsuit claims the no-fee brokerage preys on inexperienced and unsophisticated investors like their son
financialpost.com
here we go
Robinhood is being sued by the parents of 20-year-old trader who killed himself after believing he had lost $730,000
Lawsuit claims the no-fee brokerage preys on inexperienced and unsophisticated investors like their son
here we go
Yeah, I remember that. That was long before all this meme stock nonsense though...
D
Deleted member 50930
Guest
New meme stock coming called FIRE..
Also Bought more BB..
Also Bought more BB..
moarmoto
Well-known member
D
Deleted member 50930
Guest
Weed stock and a meme stock? What could go wrong?
moarmoto
Well-known member
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Deleted member 50930
Guest
The stock ,market has turned into a casino..
I bought some Canopy because Biden was going to legalize weed. Bam $$$
I found programs written by redditors in python on github to find potential meme stocks. Another couple wins
My etfs feel like they just sit and aren’t doing much right now
I wish I had a LOC ><
If you are feeling lucky, setup your trading account to allow margin trades. Know the risks, don't get in over your head.
D
Deleted member 50930
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Yes. Currently learning how to play with options and use interactive brokers
I have a margin account. I do use options.
Be. Very. Careful.
I routinely sell covered-call options. Only in the most exceptional of circumstances, the ones where you look at the market and say to yourself "no way can that possibly be right", have I ever bought a call option - and in those situations, I buy one well into the money, so that even if the underlying does drop further by a little bit, I don't lose out too much. Doing so also minimises the option premium that I'm paying. But again, this is something that I only do rarely ... like, probably 3 or 4 times ever, in the depths of the market following the global financial crisis. I have never touched put options.
It's relatively safe playing on the covered-call side. The risk is that if the underlying takes off for the sky, one ends up failing to capture that gain, because it will get called away at expiration - or before, if someone holding the other end of the trade wants to capture a juicy dividend and snatches it out from underneath you. I've actually got a situation like that on hand right now - I hold Enbridge, I have written (sold) covered calls against it, I failed to anticipate that stock going up despite the uncertainty around pipelines in general, it is now up slightly above the ($44) strike on the call, and ex-dividend date is this Thursday. I'm expecting that to be called away tomorrow by someone who wants to grab that dividend. That's okay, it's getting called away for more than what I paid ... and if it gets called away early, it frees up cash to do something else. If tomorrow is a down day, maybe I get a bonus.
Selling "naked" options - not covered by an underlying position - is very dangerous, but TD won't allow that in my account.
You can buy call options ... but if it's near the money, and the underlying goes down below the strike, it will expire worthless.
You can buy put options ... but if it's near the money, and the underlying goes up instead of down and stays above the strike, it will expire worthless.
Not a situation you want to bet the farm on.
Be. Very. Careful.
I routinely sell covered-call options. Only in the most exceptional of circumstances, the ones where you look at the market and say to yourself "no way can that possibly be right", have I ever bought a call option - and in those situations, I buy one well into the money, so that even if the underlying does drop further by a little bit, I don't lose out too much. Doing so also minimises the option premium that I'm paying. But again, this is something that I only do rarely ... like, probably 3 or 4 times ever, in the depths of the market following the global financial crisis. I have never touched put options.
It's relatively safe playing on the covered-call side. The risk is that if the underlying takes off for the sky, one ends up failing to capture that gain, because it will get called away at expiration - or before, if someone holding the other end of the trade wants to capture a juicy dividend and snatches it out from underneath you. I've actually got a situation like that on hand right now - I hold Enbridge, I have written (sold) covered calls against it, I failed to anticipate that stock going up despite the uncertainty around pipelines in general, it is now up slightly above the ($44) strike on the call, and ex-dividend date is this Thursday. I'm expecting that to be called away tomorrow by someone who wants to grab that dividend. That's okay, it's getting called away for more than what I paid ... and if it gets called away early, it frees up cash to do something else. If tomorrow is a down day, maybe I get a bonus.
Selling "naked" options - not covered by an underlying position - is very dangerous, but TD won't allow that in my account.
You can buy call options ... but if it's near the money, and the underlying goes down below the strike, it will expire worthless.
You can buy put options ... but if it's near the money, and the underlying goes up instead of down and stays above the strike, it will expire worthless.
Not a situation you want to bet the farm on.
I don’t have the stones for playing with money that isn’t mine.
I buy for cash, and if I don’t afford it I don’t buy it. But I will be looking into something like the Smith Maneuver simply for long term dividend paying stocks and etfs.
D
Deleted member 50930
Guest
Due to my age I think I can just rebuild from bankruptcy or a consumer proposal
Also I'm desperate to get ahead and feel like the high risk high gain is worth it..
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While I love the positive attitude....bankruptcy or consumer proposal SHOULD NOT be a part of your financial strategy. LoLDue to my age I think I can just rebuild from bankruptcy or a consumer proposal
Also I'm desperate to get ahead and feel like the high risk high gain is worth it..
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D
Deleted member 50930
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market is soo boring right now
-_-
-_-
start a trend. Let me know what it is though and we'll do a pump and dump. Start with BB.TO! I want it back above $30.
BIOV.CN $1.00 soon?
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Deleted member 50930
Guest
what a boring week
Nice gains with FLT and SCR but it all got washed away today
Nice gains with FLT and SCR but it all got washed away today
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