Official Investing Thread

have sold & bought spy, sso, upro, spxl and only had the wash sale rule come into play with identical etfs at schwab. no clue if they will keep reporting that way tho

 

how long you riding CCL?

 

Lock those in while you can IMO

 

Is anyone else still in SCO and when are you planning on getting out?

 

sold some at $0.75 ... will wait til tomorrow to see what the market does. Selfishly hoping for red

 

Sold it yesterday when the DMI turned negative on the daily at 25.24ish.

 

That's a long buy, so I'm just waiting on it

 

Too much uncertainty with the Oil right now to not be jumping in and out.

 

If it were an option, I'd be getting out now while I'm just above green on it. But on a long-term inverse, I'm perfectly fine with just letting it sit and hoping it takes a big spike.

It'll happen eventually.

 

I also just moved to about 70% cash. All I have left are a few small stonk holdings and some puts that are highly likely to expire worthless. A dip tomorrow and Thursday would be great.

 

sold the RCL puts up 35%
Still have 60% of the CCL puts and all of the TSLA puts

 

It could easily rally with

The SCO could be a long for a month or so if Russia and Saudi keep fighting and we stay locked up for another few months. In this market i feel like anything over the weekend is "long". There is no where left to store the stuff come 5/15 from what i have heard. No one is buying and reserves are going to full. Price is at what 25 from 20 because there may be a meeting. Its not like demand is up driving that 25% increase from the low. I am sure there are other drivers but SCO at a multiple could be a winning play. I just did not want to be in it overnight. I am in some UCO as a bet the meeting does happen and if it does its a win. If it doesn't, eventually that will go back up in the long run.

 

Have a 50% sell at 1.5 on CCL
I'll hold the rest for more blood, hopefully.

 

I did buy DXD and SPXS when the market hit 23,500 and and hit 23,200. Only a few grand and depending on tomorrow's open I will get out or put more in. Come on dip.

 

Up 6% in SPXS today. Trying to decide if I should sell, sell half, or just hold over.

 

are we going to end red today?

 

when we broke 23,000 today I think that was the trigger. We shall see but I don't think we see 23,000 again for a little bit.

 

i jinxed it. 22900. stay away from the light

 

SPXS

 

Is this going to be the fall to 18? Or is there expected to be more up and down before we get there?

I was reading something recently that said to expect a pretty quick, drastic drop down.

 

It is anyone guess. But we have lost 700 today.

 

Or we rally...

 

Or we don't.... Red Red Red come on red.

 

Finished in the red lol

 

Tomorrow there will be blood

 

Right at the bell. Hollywood ending.

 

President Pump, you could have avoided this

 

Man I had luck on my side today. Sold everything at damn near their highs and bought puts right after

 

My dad lost a shit ton of his retirement in 08/09 and made a most/all back over the ensuing 7-8 years. Told him to get that shit in something safe around 2015/2016 and he did. Then missed out on all the growth the last few years which made me feel bad. I don't feel so bad right now.

 

https://www.investopedia.com/terms/d/dmi.asp

Directional Moving Index

 

I use this to sell as soon as something goes negative when i am trading.

 

Got greedy and bought more puts of CCL on of the tiny bumps before the bell today.

 

Had put a trailing stop on SPXS that just barely hit before it surged back. Now I wish I hadn't.

 

I understand calls now after following trends the last two days someone teach me puts

 

This truly is some wild shit

 

This is amazingly accurate.

 

Calls = Pass line
Puts= don’t pass line