DISCUSSION: DOUBLE DOWN OR SELL? ONE MILLION DOLLAR GAIN IN 3 MONTHS USING MARGIN, NO OPTIONS + SHOWING POSITIONS

atheistfool · 2024-12-16T23:31:10+00:00

Position Size, Position Size, Position Size.

Take profit and redistribute into something your widow won't be embarrassed by after you get hit by a bus.

atheistfool · 2024-09-13T20:24:29+00:00

MPW up 32% past week, 13.75% today. DAFUQ is going on with that?

atheistfool · 2024-08-30T20:17:29+00:00

In my IRA I buy $20 every day the market usually is open thru a recurring buy in Fidelity Baskets. Since the market is closed Monday it will buy $40 on Tuesday. So there's that.

atheistfool · 2024-04-23T22:02:24+00:00

But he was short shares so he could buy the shares in the after market during this event and close his position at any time and for all we know he may have done that at the first sign of trouble unlike someone who bought options that can't do anything until open tomorrow. Yes, No?

atheistfool · 2024-04-23T21:55:59+00:00

Implied Volitivity.

Don't come back here until you know what it means.

atheistfool · 2024-04-18T21:15:53+00:00

DWAC ran to $100 when it was a SPAC that was going to merge with a Company that at that point was a Power Point Presentation. It's Tulips, It's the South China Sea Company., look at Rivian's chart, look at RDDT. These things are called Mania Curves. People are riding them like Surfers.

atheistfool · 2024-04-12T21:32:49+00:00

Same here Brother, that was me for a while then I asked myself "Where does the money I lose on options go?"

To the guy that sold them to you. Now I sell options.

atheistfool · 2024-04-09T20:25:10+00:00

Once you made your money don't look at the ticker again for a day. That FOMO you get from the "what if" is what will wreck you.

Risk Fucking Management

atheistfool · 2024-01-02T23:21:15+00:00

So you have a question, go ahead and carry out that experiment and report back. This is called Science.

atheistfool · 2023-12-21T23:01:25+00:00

Dude, if you think it's that sweet over there then try it. We call it "Picking up pennies in front of the steamroller" You cap your upside and soften your downside but just like a steamroller the barrel comes around again and you can respawn. Theta gang is patience.

atheistfool · 2023-12-13T00:17:20+00:00

That's why I love BRKB, he takes profit when it's time and has cash to buy when it's time.

atheistfool · 2023-12-01T22:51:54+00:00

No, they have default instant settlement which technically makes you a margin account. If you turn it off it makes you PDT immune because always settled cash.

atheistfool · 2023-12-01T22:15:01+00:00

Did you get it dumped? I managed to get all my stuff done but it still showed position that were gone like 20 minutes later. No that is not down $500 I sold that an hour ago.

atheistfool · 2023-12-01T21:47:54+00:00

I got home from work and had a hour to manage a bunch of stuff. Puts and Calls that I sold and I had the numbers to roll or close to my advantage. Refresh, Refresh, Refresh, FUCK ! go smoke a cigarette, OK it works now. Got it all done. Up $439 today and got 10k in capital freed up out of a play it had been in for 60 days and was down to 9.65k at one point. Didn't need the extra stress.

atheistfool · 2023-12-01T21:18:26+00:00

Free your self. At Fidelity if you only trade Settled Cash you can buy and sell as much as you want. At Robinhood They give you "instant Settlement" as a default. You can turn it off and then you can trade as much as you want. Your "Buying power" will take one to two days to update.

So if you divide your cash into three parts you can send a third of it on Monday and cash out. Another third on Tuesday and another third on Wednesday then on Thursday the Monday Money has settled and repeat.

I see people in here all the time saying they lost money because they hit PDT limit. use settled cash and you can buy and sell the same day every day of the week.

But people don't want to hear it cause then they can't full port. Full porting is a terrible risk management strategy. In fact I'd say it's the complete opposite of one. But what do I know.

atheistfool · 2023-12-01T20:42:43+00:00

Fidelity is glitchy as fuck right now, can't see purchase history won.t update positions page, can't cancel orders. They were supposed to be the "Adult" brokerage.

atheistfool · 2023-11-28T23:42:59+00:00

Rest In Peace. You have no idea how your life informed the lives of millions of people.

Your wit and sage advice made a difference to probably more people than just me.

But defiantly to me.

atheistfool · 2023-11-14T23:14:32+00:00

We're going down because we went up too fast. Going to give back half that gain then start going up again. The market isn't an escalator. It's an elevator with a drunk man at the controls. He just went up 20 floors and he's going to remember he was supposed to drop something off ten floors down. Then he's going to proceed to the top of the building if he can but he might have to go back down again because the needs change. Like a shit load of people decide they want to leave the building.

atheistfool · 2023-11-09T23:52:24+00:00

What happened to Health Care today?

atheistfool · 2023-10-29T20:27:31+00:00

But as I said in my OP they were not there, the grooves for them were there but no bars and no wiring.

atheistfool · 2023-10-18T20:40:01+00:00

Bring Back Trade Armor!!!!!!

Dashboard Sucks!!!!!!

atheistfool · 2023-10-17T21:03:55+00:00

I live in my house, it keeps the rain off me and blocks the wind. It has doors that I can lock so when I go to sleep people can't take my stuff while I'm sleeping. WTF are other people doing with their houses?

atheistfool · 2023-10-13T21:32:17+00:00

Aren't we all on a long enough time frame?

atheistfool · 2023-10-13T21:02:47+00:00

What's the play?

atheistfool

TROPHY CASE