OT: Stock trading | Page 27 | The Boneyard

OT: Stock trading

Stlh8L8ner said:
I have 7-10 core holdings like Apple, Nvidia, Boeing, Tesla, etc that I'll most likely never sell and just keep adding on dips. I've tried to catch lighting in a bottle with a couple of penny stocks over the years but it can get frustrating especially if you're watching everyday, so I've been committed to just sticking to household names that are good companies but have been beaten up over the past several months.
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It’s a great strategy. I have about 18 stocks now but a few somewhat speculative ones and ones I have small positions in. I plan to get down to 10 to 12 and do exactly as you prescribe on pullbacks or if funds allow for me to add to them, This is my core for now: LVGO, MSFT, DOCU, TSLA, AMZN, FB, TWLO, SHOP, FSLY, SPLK, PTON, PYPL, SQ, MELI, DDOG. I probably need to balance a bit better as its mostly tech now. These are names I can see me owning another 10-20 years though, with an occasional IPO like Snowflake added in,
 
Jaker said:
Great call on NOVN
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Yeah it picked up .50 cents yesterday after I brought. Its good money if you want to risk buying 10000 shares ($7000) or so, and selling. My issue with that amount, is that could become addictive, with constant checking, phone alerts and the eventually emotional rollercoaster. With pennies you have guys buying 500k and 1 million shares without blinking, and when they sell they mess up the price. Their profit taking manipulates the price. Its not for the faint of heart.

So I trade in much smaller amounts in pennies, like I said mainly for my daughters student loan payoff. It not a retirement plan.
 
It was announced Pfizer signed a deal with a US govt agency for up to 600MM doses of their vaccine. Will be offered for free to the public. Initial procurement 100MM doses at 2BB, $20/dose.
 
superjohn said:
How is crypto very little risk? It fluctuates more than anything.
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Good question.
I do not trade most of my stocks or crypto. I am a buy and hold investor for the most part. If you can hold these crypto projects for 2-5 years there is almost no chance whatsoever that your investment will decrease if you are in the right things.
New higher bottoms have been consistently tested over the last few years and I think those bottoms will continue to move to higher levels. I believe this has taken much of the downside risk from the market long term.
Also I think it’s much more difficult to find a stock that will 5x then picking a crypto whose historical high is a 5x from its current levels. There is 100% agreement in the crypto community that the historic highs for many projects will be reached again and at some point surpassed.
 
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Does anyone know how to contact Bankers Union Life Insurance Company? My late wife had a certificate for a few shares of stock dated 1982 and I've had no luck in finding out anything. Thanks for any info.
 
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tentoes4rings said:
Got in today finally. Has doubled in a month. Been in it long? Energy stocks are red hot now. I also got in BE today too.
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I was in it then sold it like an idiot. Then got back into it when it started rising. I didn't get any $VSLR and regret it. Getting $MARK now
 
I have no clue if any of this is true but a lot of $link fanatics are saying $link is partnering with some big time companies
 
Duncan Idaho said:
It was announced Pfizer signed a deal with a US govt agency for up to 600MM doses of their vaccine. Will be offered for free to the public. Initial procurement 100MM doses at 2BB, $20/dose.
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I jumped in yesterday, first thing in the am. Got it at 37.97. Get rich off COVID. Buy when there's blood in the streets, my friend.
 
UConnSwag11 said:
I have no clue if any of this is true but a lot of $link fanatics are saying $link is partnering with some big time companies
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Hearing same thing-also Musk mentioned Tesla is going to use them for issuing some insurance of some kind yesterday.
 
Deepster said:
I jumped in yesterday, first thing in the am. Got it at 37.97. Get rich off COVID. Buy when there's blood in the streets, my friend.
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it was 33 like 2 weeks ago.
 
the Q said:
it was 33 like 2 weeks ago.
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Been buying the dips 29-33 the last 5 years within an IRA. Sold a bit in 2018-19 while in the 40s. Dumping their poorer performers/otc into Mylan will help also. They spun off and created ZTS which has performed well. The investment person I work with seems to think it has more leg and if they deliver on the first 100MM, perception alone will drive it higher.
 
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Chainlink is a company that issued coins (tokens) vs stock. You can buy it on Coinbase.com or a number of other exchanges that sell crypto assets. Very easy to set up an account and very secure.
 
Scot-e said:
Chainlink is a company that issued coins (tokens) vs stock. You can buy it on Coinbase.com or a number of other exchanges that sell crypto assets. Very easy to set up an account and very secure.
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Uphold is better due to no fees
 
Scot-e said:
Chainlink is a company that issued coins (tokens) vs stock. You can buy it on Coinbase.com or a number of other exchanges that sell crypto assets. Very easy to set up an account and very secure.
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Does crypto fluctuate up and down with the stock market?

Also, how liquid is it to buy and sell a large amount? What would be considered a large amount for that matter?
 
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You are better off trading options than penny stocks but make sure you understand the Greeks. And you shouldn't be speculative investing until you are assured of of well-funded retirement. Lock it down then gamble.
There's going to be a buying opportunity in the next few weeks as the $600 runs out and some fear-mongering happens until they negotiate a new unemployment payment.
 
king conn said:
Does crypto fluctuate up and down with the stock market?

Also, how liquid is it to buy and sell a large amount? What would be considered a large amount for that matter?
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It’s really a new asset class so if someone tells you they know how it will fluctuate I’d appreciate if they would tell me as well.
Some crypto is liquid but it can be hard to trade while there are strong fluctuations in the market. I’m a fan of buying dips and holding. On a normal day you can buy or sell anything purchased on the main exchanges.
We have bots and api codes to trade but for a normal person ( meaning not crazy like me) looking to invest I would say just buy small amounts over time and don’t buy into upside runs. Once u r in and start learning about the different currencies and companies it get easier to make good long term decisions. Hope this helps- not sure it will.
 
Curious what other people’s strategy is for this week. After a rough Thursday and Friday, I used today’s rally to take some profits and reduce positions. Have been slowly transitioning away from all tech, might add HD this week. Amazon, Apple and Facebook earnings are going to be very important but I’m thinking tech retreats just before or after those heavyweight earnings releases. I had a good week with RUN, OTRK and AUDC, which is red hot. Good luck this week guys.
 
Reminder to the five people who registered for the first set up - you need to join the new contest. The first was set up wrong.
 
Anyone have Kodak? Helluva run today.
 
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