All things STOCKS

[VolAllen]

How much do you have in your swing trading account? General rule of thumb is 5k and above, right? I dont see the point of doing swings to make 20 bucks

$25,000 for unlimited day trades

 

[VolAllen]

What are you expecting to sell at?

.55-60

 

[Volbucky]

.55-60

Are you expecting a sell at close or tomorrow? I’m a buy and hold guy. The penny stocks are relatively new to me.

 

[VolAllen]

How much do you have in your swing trading account? General rule of thumb is 5k and above, right? I dont see the point of doing swings to make 20 bucks

My goal is at least $100 off each trade. Most of the time I end up making $250-500, obviously just depending on how heavy I go in on a single ticker. Was +$12,000 last week.

 

[VolAllen]

Are you expecting a sell at close or tomorrow? I’m a buy and hold guy. The penny stocks are relatively new to me.

I’ll hold this one over night. I bought 4,000 shares at .38

 

[Volbucky]

I’ll hold this one over night. I bought 4,000 shares at .38

I bought 100 at .41. Figured I’d test the waters

 

[VolAllen]

I bought 100 at .41. Figured I’d test the waters

I’m now holding 5,000 at .387

 

[Thunder Good-Oil]

I kind of wish we'd have 2 threads. All Things Stock Trading and All Things Investing. There's really not as much overlap as it might appear. I like reading about the trading activity, but generally I'm far more long term. However this single thread often goes dark for long periods of time when things are calm, so I'll be fine. Carry on.

 

[VolAllen]

I kind of wish we'd have 2 threads. All Things Stock Trading and All Things Investing. There's really not as much overlap as it might appear. I like reading about the trading activity, but generally I'm far more long term. However this single thread often goes dark for long periods of time when things are calm, so I'll be fine. Carry on.

Haha well, not much to say between going long and calm I guess.

 

[Freak]

I’m now holding 5,000 at .387

How many trades do you make a week and how long have you been doing this? Just curious? I’ve never traded penny stocks but I find it interesting.

 

[Thunder Good-Oil]

$25,000 for unlimited day trades

Which platform? Do they keep all of the activity straight for taxes or do you overlay other software to manage the transaction history?

 

[Thunder Good-Oil]

Haha well, not much to say between going long and calm I guess.

Leveraged and long, not so calm. Somehow avoided any margin calls, but the storm isn't over.

 

[VolAllen]

How many trades do you make a week and how long have you been doing this? Just curious? I’ve never traded penny stocks but I find it interesting.

I’ve been trading for about 2 years. I got hooked once I started. Played recklessly for the first 6 months and lost 50%, but regrouped and climbed back up. You gotta pay to go to school is the way I looked at it.

 

[VolAllen]

Which platform? Do they keep all of the activity straight for taxes or do you overlay other software to manage the transaction history?

I still use Robinhood. They send you a detailed transcript every month. Also got a 118 page 1099 this year

 

[Big Gucci Sosa]

Big sell off

 

[VolAllen]

Big sell off

Was just about to say that. And by the big boys. What’s the reason?

 

[SpringBokVol]

The big boys just pissed in my cereal??? For what?

 

[Big Gucci Sosa]

Was just about to say that. And by the big boys. What’s the reason?

Bernie tweeted about holding up the bill

 

[Big Gucci Sosa]

Foook you bernie. Go to Vermont and piss off

 

[Thunder Good-Oil]

I still use Robinhood. They send you a detailed transcript every month. Also got a 118 page 1099 this year

No wonder the IRS's system is so whack. Your's is just one of millions of returns.

 

[lmoore944]

People about to panic, and the market is going to be full of red tomorrow, especially early.

 

[Big Gucci Sosa]

People about to panic, and the market is going to be full of red tomorrow, especially early.

The market was always going to be red tomorrow. Job report is coming. The market is very EMO

 

[UT-Rex]

This crash will change the way the game is played. People lost 10 years of gains in a week. This isn’t the old days of calling the floor to buy shares, they can be bought and sold with one hand and a cell phone. I’ll never buy and plan to hold long. Too much money to be made elsewhere.

JDST

What about this? Will it just drop to 0 and fade into oblivion / can you explain how it is associated with JNUG ?

 

[Thunder Good-Oil]

Foook you bernie. Go to Vermont and piss off

I wonder what he's angling for. He's not going to catch Joe. He needs the attention and enjoys the power I guess.

 

[VolAllen]

JDST

What about this? Will it just drop to 0 and fade into oblivion / can you explain how it is associated with JNUG ?

It’s the opposite of JNUG. Price of gold goes down, JDST goes up. I highly suggest avoiding JDST right now lol.