Reply
  • Jan 8, 2021
    MAMBA

    dont you need big $ for that at this pt?

    Well we don't know what's gonna happen. You could've said that back in 2017 when it hit 20k since it went up like 19x in a matter of weeks. Now it's gone to 40k. Who knows we might hit 100k soon

    I'd say get in if you got some money you can afford to invest.

  • Jan 8, 2021
    Side Nigha

    No ones gonna spoon feed you just so you cry when you lose money. Best you can do is ask for advice on hot sectors to look at.

  • Jan 8, 2021
    ·
    1 reply
    imShy

    there's nothing wrong with options trading at all, everyone should trade options imo.

    also note how I said "learn to trade options"

    lol okay so you’re just trolling at this point, got it

  • Jan 8, 2021

    I swear I’m money focused rn

  • Jan 8, 2021
    ·
    1 reply

    Because dumbass niggas like you think it’s a good way to make a quick buck. Read a book or two for a change and actually put the work in and maybe it’ll be lucrative for you

  • Jan 8, 2021

  • Jan 8, 2021

    I wish I took advantage of this years good market

  • Jan 8, 2021
    ·
    1 reply
    imShy

    there's nothing wrong with options trading at all, everyone should trade options imo.

    also note how I said "learn to trade options"

    Buying options is statistically a losing strategy. Selling is a different story

  • Jan 8, 2021
    MAMBA

    fair point. yeah tough to find that much $ just available to invest into 1 thing. I guess someone could invest in a fund that holds lots of BTC though as alternative way

    You don't have to buy the while thing you can buy 0.0001 of a Bitcoin. You can put in like $20 of that's all you got and that s*** may double.

  • Jan 8, 2021

    You should buy the brains to know that 1k of that us gonna go to taxes

  • Jan 8, 2021
    MAMBA

    dont you need big $ for that at this pt?

    Trade $MARA if you wanna track bitcoins runs

  • Jan 8, 2021
    ·
    1 reply
    jozen

    lol okay so you’re just trolling at this point, got it

    I'm not. Are you really this stuck up.

    If you have 1 thousand dollars invested long term, what the f*** is wrong with setting aside 100 dollars for day trading/options trading.

    The best book on investing "the intelligent investor" even advises on it.

    I say everyone should trade options because how tf else are you going to learn how to trade it, and when you do learn how to trade it, and clearly people can, you can make a living off of it.

    Nowhere in this thread have I said, take all your money and YOLO Telsa. guy asked for basic trading tips and I pretty much gave things almost all traders will agree on - "don't time the market...take profits..."etc

    the f*** is up with some people on this site.

  • Jan 8, 2021
    GoodFella

    Terrible advice

    I take it you’ve had a bad experience with it. Care to share?

  • Jan 8, 2021
    ·
    1 reply

    Just ran up on Musk and made 190 billi :elon:

  • Jan 8, 2021
    ·
    1 reply
    Side Nigha

    Buying options is statistically a losing strategy. Selling is a different story

    You're right about selling possibly being more profitable. You also need a lot more money to sell options than buy them because you need to own at least 100 share of a company. Unless you want to sell naked calls and put which is the worst thing you can do.

    my quote didn't say anything about buying or selling I just said there isn't anything wrong with trading options.

  • Jan 8, 2021
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    1 reply
    GhostDeini718

    Just ran up on Musk and made 190 billi :elon:

    dont get too excited half that will be taxed ;)

  • Jan 8, 2021
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    1 reply
    imShy

    just a day trade ended up banking big.

    what should I buy ?

    smh how many tsla calls did you cop

  • Jan 8, 2021
    ·
    1 reply

    Should we tell you to blindly invest your money in what we think is an okay thing and then you lose money and b**** at us?

    What, is it hard to look up what you think will make money and have confidence in yourself?

  • MAMBA

    dont get too excited half that will be taxed ;)

    No worries, after that we running up on Bezoz

  • Jan 8, 2021
    ·
    1 reply
    TTC

    smh how many tsla calls did you cop

    I haven't touched Tesla at all actually.

    I've just been watching it go up lmao. I'm not mad though. I do feel like I'm missing out most of the time but I'm making safer money elsewhere.

  • Jan 8, 2021
    ·
    1 reply

    Yo bro just buy high and sell low

    Trust me

  • Jan 8, 2021
    ·
    1 reply
    imShy

    I'm not. Are you really this stuck up.

    If you have 1 thousand dollars invested long term, what the f*** is wrong with setting aside 100 dollars for day trading/options trading.

    The best book on investing "the intelligent investor" even advises on it.

    I say everyone should trade options because how tf else are you going to learn how to trade it, and when you do learn how to trade it, and clearly people can, you can make a living off of it.

    Nowhere in this thread have I said, take all your money and YOLO Telsa. guy asked for basic trading tips and I pretty much gave things almost all traders will agree on - "don't time the market...take profits..."etc

    the f*** is up with some people on this site.

    You and I both know options trading for the common person is synonymous with gambling. There is no difference. There's nothing wrong with setting aside $100 to day trade if you like losing money. Stop enabling the idea that there is such thing as fast money. We're in a crazy bull market right now and I'm seeing tik tok investment gurus come out of the woodworks like they know what they are talking about. The options trading you, or any other average person does, is gambling, plain and simple.

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