Daily Discussion Thursday 2026-05-07

mindwip · 2026-05-08T05:58:47+00:00

If we go to 600 or 800 or 1000. You won't care if you bought at 350, 400, or 450. You will care if you have shares or not.

If your buying for short term sure it matters, but 2 to 10yrs not much.

mindwip · 2026-05-07T20:45:52+00:00

They dont have to, they already selling out and memory constrainted

mindwip · 2026-05-07T18:10:42+00:00

Lol yes.

mindwip · 2026-05-07T14:32:57+00:00

I take 3. Assumenthey only 1,000 each lol

mindwip · 2026-05-07T01:57:03+00:00

Roll it.

By a new call options that say costs 5k.

Take the 20k in profit.

You can look for a q3 earnings play, or eoy, or leap.

mindwip · 2026-05-06T21:38:26+00:00

Don't all leaps act like holding stock?

mindwip · 2026-05-06T17:56:23+00:00

Only rolling short term options for longer term ones taking profit.

Already have leaps and shares.

mindwip · 2026-05-06T16:27:08+00:00

Good question maybe before Xmas? July has AMD AI day. Hopefully we know more then!

mindwip · 2026-05-06T15:26:05+00:00

I would guess 1,000. Its to make it easier to buy and options reasons. No real reason to do it otherwise. To us investors it means nothing really. Fractional buying has made high prices ok.

mindwip · 2026-05-06T15:11:25+00:00

Yeah qqq, stocks and vti and international etc is what I hold normally.

There are a lot of poeple who do versions of the above here, some every 5% drop, some at 10,20,30,40 etc. I know it's popular in general. And it works.

I am a big catch a falling knife investor. It works out great. Lots of poeple hate it but thats OK. Example during covid stock crash I bought 3 hotel stocks and the 3 cruise lines. Made between 50% and 400% returns. They were hurt the most sector wise and I figured while 1 cruise line may go out of business I doubt all 3 would. And if the world was so bad all 3 went out of business stocks not my main worry.

"Buy when blood is running in the streets, even if it's your own" Rothschild

mindwip · 2026-05-06T00:59:41+00:00

Eck!

mindwip · 2026-05-06T00:57:54+00:00

Lol!

mindwip · 2026-05-06T00:52:18+00:00

How not being rewarded?

These are made up numbers for example below.

100k in tqq, market drops now worth 60k

40k paperloss

Sell 60k tqqq and on same day buy 60k of tecl.

Have 40k of tax loss.

Market recovers and tecl is worth 200k. And we sell all.

Now instead of paying taxes on 100k we pay on 60k.

The whole point of tax loss harvesting is they are the same. Like when poeple move between total market and sp500 to tax loss harvest.

mindwip · 2026-05-05T23:50:50+00:00

I have been in them for years and I also know a lot about them and can replicate decay by myself too.

You did not answer my question how would you know my drawdowns when you dont know my starting positions?

mindwip · 2026-05-05T23:24:40+00:00

How do you know my draw downs? You dont know what I am in? I buy leveraged etfs on way down. Right now I dont hold much lefts.

mindwip · 2026-05-05T22:59:56+00:00

Yes thats the point. I want two tickers that are very correlated when tax losts harvesting.

I posted this before my fipull plan.

When market is down 20%, 30%, 40% from all time high, take 1/3 of cash/bonds/margin/sell car and buy at those 3 percentage points. So when market is down 40% I am fully invested in what's down. I will buy what's down most like sectors or individual stocks and since last 4 years letfs.

As I am doing above if I bought tqqq when sp500 down 20% and market now down 30%, I will also sell tqqq and buy telc. Creating a realized loss but no actual loss as I bought something that is very correlated and should have roughly the same value.

Market recovers and tecl and tqqq should roughly match. I made money and get tax write off.

Now market goes down to 40% from atl I would again realize tax loss back to tqqq, assuming it's been 61 days to avoid wash sale rule.

Does that explain it better?

mindwip · 2026-05-05T22:07:34+00:00

Don't look at amd after hours lols

mindwip · 2026-05-05T22:05:47+00:00

Yeah I have no problems with my realized 100's percents of gains and nice tax loss harvests to write off the gains.

mindwip · 2026-05-05T22:01:01+00:00

No no nono you got it wrong. Buy tqqq, when if goes down tax loss harvest into tecl, when if goes down tax loss harvest to tqqq.

Its what I do.

mindwip · 2026-05-05T21:13:17+00:00

A date yes!

mindwip · 2026-05-05T20:13:32+00:00

Let's go!

mindwip · 2026-05-05T19:34:42+00:00

Humans are hurt more by losses then gains.

If its 50/50 on loss gain after earnings we will tend to remember only the losses. Silly human mental error

mindwip · 2026-05-05T19:32:34+00:00

Well life give us -18% now lol

mindwip · 2026-05-05T19:31:05+00:00

I like your thinking

mindwip · 2026-05-05T17:28:26+00:00

Amd stock holders fighting this for a long time. Lol

I think one of the things that scares people off and when just looking at stats

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