/smg/ - Stock Market General

MARKET SELL

EVERYTHING

Here go lads, sell if you still have stock

Buy TVIX

CERU muh nigga

Play of the day:

Alcoa Aluminum Puts

They are hyper-sensitive to market corrections.
Last time they went from $97 to $17, and stayed dead money for years.

Currently 46.85. $25-$30 is a reasonable landing spot for them.

buy CVM guys. they're literally curing cancer

>tfw I have a $3.71 VMIN average

...

Wait is it time to go long?

>user advises to buy TVIX yesterday
>I ignore
>up 10% immediately this morning
>considering.jpg
>fuck I missed it I guess
>up 35% at high today
Time to kys myself
Actually gonna hodl at 12.16 and see what happens over the next few days.

Best time to short.

...

Took profits on DWT today, holding AAOI at the moment. Holding up really well all things considered.

Everyone say it with me

DOWN DOW DOWN

You're right, though I'm not a big fan of shorting because of the unlimited risk.

But I am loading up on puts today. The worst that can happen with options is that you lose everything.

How much money did the FED make clearing up their balance sheet? I want a fucking audit.

kek

saved

TRIPS CONFIRMED

CHEK'D

KEK

DOWN DOW DOWN

THIS IS GROUND CONTROL TO MAJOR GAINS

If that was a double bottom then maybe.

why is cocoacola such a slow ass fucking stock holy shit SLOW, SLOW!

Why aren't you investing in guillotines right now?
I sense a huge demand spike coming up soon.

or it could just crash further at the end of the day like it happened on Friday and Monday

Trips confirm and went down 110 points since I last refreshed.

normally you shouldn't hold TVIX long term

it usually decays fast and reverse splits

cause its not for daytrading

its for fucking retirement funds

WE GOING TO -23K LADS

its comfy though, I think Ill trade it regularly

checked, we're fucked

If you want to play around with volatility, Virtu Financial (burger) and Flow Traders (Euro) are better bets.

So I guess I may have cucked myself then? Worth holding until tomorrow to see if the DOW keeps crashing and volatility is maintained?

Fuck I'm never going to get rid of NAK.

All you have to do is hit the sell button user

Whats the better choice, buying TVIX or buying a put option on SPX???

You could also buy puts on $DIA, which tracks the dow.

My personal preferences is options. If you go out far enough, you have more time for the trade to go in the direction you want, and when the market starts going funky the price of options go up in both directions (they are also a function of volatility, which goes up when the market goes up or down by a larger amount)

KEEP DUMPING BOYS

who NVDA here? moon after this session

YAMATEEEEE!

Sunk cost fallacy. Reminder to ALWAYS cut losses and never add to a loosing trade.

Yet another good call by Big Five Guy

Quit being a pussy and show us the whole thing.

What happens to their sales/profit after people stop buying cards by the crate to mine shitcoin?

What stock?

KEK

DOWN TO 23K WE GO BOYZ

Poor big5. He tries so hard. :(

So much for that double bottom. Textbook dead cat bounce. We're fucking going down, if the bloodshed continues tomorrow I'm going all in on shorts.

AI algos run on GPUs, that'll be the next big boon for the industry.

user....

Hooooly fuck lol

KEK HAS WILLED IT

MARKET CRASH

>DOWN DOW DOWN
DOWN DOW DOWN
>DOWN DOW DOWN
DOWN DOW DOWN
>DOWN DOW DOWN
DOWN DOW DOWN
>DOWN DOW DOWN
DOWN DOW DOWN
>DOWN DOW DOWN
DOWN DOW DOWN
>DOWN DOW DOWN
DOWN DOW DOWN

SOUR HOUR COMING EARLY TODAY BOYS

At l-least t-there's free s-shipping

If he ever said optimistic shit about my stock I hit the sell instantly. Easiest TA ever.

what the fuck are you talking about?

Covered my TWTR short at ~$30.95, made a little over $580

Feels weird when my crypto gains are in the green and my stock is wojaking.

get used to it

Why do you guys try to beat the market?

Every book I've read ever says that beating the market is luck and very rarely can anybody do it regularly..

There's not much room to come down, r-right? Strong economy!

Are you dyslexic?

KEK WILLS IT

NOT ENOUGH MOMENTUM

WE DROPPING WAY BELOW -600 FOR THE DAY

If you want to gamble on pharma this month, here you go! I already rolled and bought JNJ and CBIO yesterday

hai domo -888 points EOD

Call it. Does it bounce at 24085 or does it go into 23?

dubs and you buy NVDA right now

straight to 23K

Well, usually when that happens crypto in general takes a huge nosedive after market close. So if this dip hits 23 then crypto is in for another big scary drop.

TWTR hasn't been at 31 since October 2015.

In order to cover today at a profit, you must have been holding forever.

Trips and TVIX hits $13.50 today.

I shorted this morning at $33 and $32

Yep, crypto is probably gonna dump for now like it did last time when stocks dropped.

Pick an industry that you know or are willing to learn.

Pick 5-10 stocks, and start watching them every day.

Eventually you get a feel for their trading range.

I just realized he shilled it again as it was falling down. this fucking guy. Anyone that bought in right after he posted would've gotten rekt

wrong

bounce at 20k, followed by rapid descent towards 16k

HAI DOMO DOW CRASHU DESU

I love this photo

So doesnt that mean option prices are expensive since volatility is really high right now? Wouldnt a straight short position be cheaper and less risky?

kek

We recession now boyz

Even better. Nothing sucks like dead money.

I think this is the start of a wild ride, so I cashed out my LMT calls for a 72-day 136% profit, then went into AA puts.

I'm hanging on to the DIA puts I bought in december, they've obviously done well in the last few weeks.

hey guys,
heres a stock/crypto/investing/education community i'm part of.
great bots, great users, no gimics, etc.

discord.me/xavier

Did you niggers already forget Monday? We run this shit. Monday we collapsed. It took until like 3am CST for crypto to show that collapse. It is clockwork. You guys owe your gains to our bull run.

yeah I joined then left. Fucking retards circle jerking about how intelligent they are.

0/10

What do you guys think?

We GOING -600 min

-600
>-600
-600
>-600

DOWN DOW DOWN

That's what Warren buffet does/did

if the market actually starts crashing there will be much money fleeing to gold AND bitcoin

in fairness, despite the general autism, the best traders on Veeky Forums are all there, in higher level rooms.
But you have to speak up if you're higher level to get access.

great cap, shilling 2 of the worst stocks on the market

Gold yes. Bitcoin no. Do you know the type that has money in stocks? Dumbest shit I've ever heard.

In my opinion, a straight short is NEVER the best option, since it involves unlimited risk.

For example... short $FUD, and wake up to discover that an hour before market open they announce they have found the cure for the blues.

FUD gaps on open, and instead of having a $200 profit on a short, you're suddenly owing your broker $50,000, and you're getting margin calls.

At least with options, the most you can lose is everything. Not so with straight shorting.

As to your other question, yes volatility is up which raises the price of both calls or puts, but if you treat it as a binary trade, there is still money to be made, especially if you buy far enough out.

I've been buying mostly Jan 2020 options, so you don't lose on time in the near term and you still have wiggle room if you guess in the wrong direction.

if you say so

>best traders
>on Veeky Forums
>the discord is not on Veeky Forums

What did he mean by this?