Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
joats
Aug 18, 2007
stupid bewbie
Looks like the market is about to do the second major drop for the day.

Adbot
ADBOT LOVES YOU

Josh Lyman
May 24, 2009


I got stopped out of my only non-individual stock position 10 minutes ago, 5 cents above the daily low, while I was on the toilet and that position is now 3% higher looool

greasyhands
Oct 28, 2006

Best quality posts,
freshly delivered
These swings on UVXY are pretty crazy. I dont think I have the balls to try and trade it

Sepist
Dec 26, 2005

FUCK BITCHES, ROUTE PACKETS

Gravy Boat 2k
Edit2: Nvm misread

Edit: I think the stock market is broken someone might need to reboot it

Sepist fucked around with this message at 16:55 on Feb 6, 2018

Josh Lyman
May 24, 2009


joats posted:

100% in on TVIX 10.99, SOLD at $15. I'm up 50% for the past 3 months. Staying out of the game for a bit now 100% cash.
Did you close right at market open or after hours?

jvick
Jun 24, 2008

WE ARE
PENN STATE

Josh Lyman posted:

I got stopped out of my only non-individual stock position 10 minutes ago, 5 cents above the daily low, while I was on the toilet and that position is now 3% higher looool

i got in $TVIX this morning at $14.50, out at $9.80. Unsettled funds wouldn't let me get back in on the bounce.

Buy high, sell low, that's how it works, right?

joats
Aug 18, 2007
stupid bewbie

Josh Lyman posted:

Did you close right at market open or after hours?

I held onto it overnight because I was out of day trades (using robinhood). Didn't sell at pre-market because I couldn't (it was at 19). Didn't sell at market open. Took a risk that the market would fall farther or rally then fall. 15 was just a lucky guess at the peak, but I wanted 20.

My heart is still shaken. What a roller coaster.

Edit: I just felt confident that the markets were going to poo poo itself with bitcoin.

joats fucked around with this message at 17:24 on Feb 6, 2018

obstipator
Nov 8, 2009

by FactsAreUseless
The baby boomers are going to sell everything and collapse the market, dooming all the babies of tomorrow.

Harry Potter on Ice
Nov 4, 2006


IF IM NOT BITCHING ABOUT HOW SHITTY MY LIFE IS, REPORT ME FOR MY ACCOUNT HAS BEEN HIJACKED

joats posted:

I held onto it overnight because I was out of day trades (using robinhood). Didn't sell at pre-market because I couldn't (it was at 19). Didn't sell at market open. Took a risk that the market would fall farther or rally then fall. 15 was just a lucky guess at the peak, but I wanted 20.

My heart is still shaken. What a roller coaster.

Edit: I just felt confident that the markets were going to poo poo itself with bitcoin.

Lol

joats
Aug 18, 2007
stupid bewbie

Oh yeah, problably the most careless and stupid thing I've done but it paid off. Back to watching Bitcoin crash.

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord

joats posted:

I held onto it overnight because I was out of day trades (using robinhood). Didn't sell at pre-market because I couldn't (it was at 19). Didn't sell at market open. Took a risk that the market would fall farther or rally then fall. 15 was just a lucky guess at the peak, but I wanted 20.

My heart is still shaken. What a roller coaster.

Edit: I just felt confident that the markets were going to poo poo itself with bitcoin.

Congrats on surviving a yolo with a widow maker, in the positive no less

Elephanthead
Sep 11, 2008


Toilet Rascal

obstipator posted:

The baby boomers are going to sell everything and collapse the market, dooming all the babies of tomorrow.

Giving all tomorrow baby discounted equity. Finally boomers do something good.

Seamonster
Apr 30, 2007

IMMER SIEGREICH
but Babby still can't afford!

Elephanthead
Sep 11, 2008


Toilet Rascal

Seamonster posted:

but Babby still can't afford!

ICO BABBUCOIN.

Syrinxx
Mar 28, 2002

Death is whimsical today

My 10 shares of F are actually up 3.6% truly the apocalypse is upon us

e: go weed :420:

Syrinxx fucked around with this message at 18:43 on Feb 6, 2018

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord
VIX plummetting, MU WEEDSTOCKS are very green

We're back baby

Agronox
Feb 4, 2005

Wrote some more AAPL 155 puts a little earlier. Don’t mind if they get exercised against me but would be happy to collect premium if possible.

Sepist
Dec 26, 2005

FUCK BITCHES, ROUTE PACKETS

Gravy Boat 2k
VIX is going down because it turns out the east coast is not being hit by a tsunami:

https://www.nbcconnecticut.com/news/local/Tsunami-Warning-Goes-Out-by-Mistake-in-Connecticut-472928223.html

Seamonster
Apr 30, 2007

IMMER SIEGREICH

Risky Bisquick posted:

VIX plummetting, MU WEEDSTOCKS are very green

We're back baby

I just learned my state (VA) just legalized medical. With a UNANIMOUS vote in the state senate :drat:

Josh Lyman
May 24, 2009


Sold all my SPXL, opened a small position in UVXY. This is a dead cat bounce. :colbert:

Untagged
Mar 29, 2004

Hey, does your planet have wiper fluid yet or you gonna freak out and start worshiping us?

Seamonster posted:

I just learned my state (VA) just legalized medical. With a UNANIMOUS vote in the state senate :drat:

Oils. They just expanded the use from one to multiple conditions. A lot of headlines are missing the fineprint.

mega dy
Dec 6, 2003

I’m wondering if I should relish this opportunity to pick up US defense and infrastructure on the cheap.

greasyhands
Oct 28, 2006

Best quality posts,
freshly delivered

Josh Lyman posted:

Sold all my SPXL, opened a small position in UVXY. This is a dead cat bounce. :colbert:

You are very strange with your timing

Jack Daniels
Nov 14, 2002

in more XIV :scott:

ohgodwhat
Aug 6, 2005

Any rumblings of trading firms/hedge funds blowing up from this?

Jack Daniels
Nov 14, 2002

Yes, the thing that announced they shutting it down lmao

dougdrums
Feb 25, 2005
CLIENT REQUESTED ELECTRONIC FUNDING RECEIPT (FUNDS NOW)
CBOE down over 10% ...

everyone's all outta XIV now too, drat!

E: seriously, the literal second i posted that

Are they really gonna let people trade this until the 20th?

dougdrums fucked around with this message at 20:52 on Feb 6, 2018

anne frank fanfic
Oct 31, 2005

ohgodwhat posted:

Any rumblings of trading firms/hedge funds blowing up from this?

Tech firms next. It's a bubble - what do they even provide? Digital nonsense. Invest in things you can touch.

Tatsuta Age
Apr 21, 2005

so good at being in trouble


https://twitter.com/HallieJackson/status/960960226135601154?ref_src=twsrc%5Etfw&ref_url=https%3A%2F%2Fforums.somethingawful.com%2F

This should help with volatility

melon cat
Jan 21, 2010

Nap Ghost

anne frank fanfic posted:

Tech firms next. It's a bubble - what do they even provide? Digital nonsense. Invest in things you can touch.
Not sure if I agree with that. People decide what has value, whether it's a car or an in-app purchase from a dumb CandyCrush game. Only very recently did Google and Amazon sell tangible, real stuff. And even then the "stuff" they sell doesn't have value- they get most of their revenue from mining the poo poo out of your consumer data. Data is now worth more than oil. Your PornHub browsing history is liquid loving gold.

melon cat fucked around with this message at 21:08 on Feb 6, 2018

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog
Good investment criteria

1. Something you can touch
2. Something you can fondle
3. Must respond when fondled

ohgodwhat
Aug 6, 2005

Jack Daniels posted:

Yes, the thing that announced they shutting it down lmao

Credit Suisse isn't shutting down from this. I'm talking smaller fish that don't have a trillion francs in assets.

melon cat
Jan 21, 2010

Nap Ghost

GoGoGadgetChris posted:

Good investment criteria

1. Something you can touch
2. Something you can fondle
3. Must respond when fondled
Ya heard the man, fellas. Go YOLO on anime Dakimakura pillows. :homebrew:

Sepist
Dec 26, 2005

FUCK BITCHES, ROUTE PACKETS

Gravy Boat 2k

Market is skyrocketing now, maybe he should post about a shutdown every day

paternity suitor
Aug 2, 2016

I’m long hugs, and boys, business is booming

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord

Josh Lyman posted:

Sold all my SPXL, opened a small position in UVXY. This is a dead cat bounce. :colbert:

Thank you for your sacrifice, namaste

Josh Lyman
May 24, 2009


greasyhands posted:

You are very strange with your timing
By strange do you mean a bit unlucky or actively bad? My UVXY bid got filled around 1:20pm. It was fine until about 2:30pm aka 5 minutes after my post. I haven’t been in front of a computer since about 11am and didn’t put in a sell stop after the buy order got filled so... admittedly not great there.

Edit: v I would say low so probably do the opposite of me.

Josh Lyman fucked around with this message at 21:46 on Feb 6, 2018

joats
Aug 18, 2007
stupid bewbie
What are the odds this run is going to continue tomorrow?

fart barterer
Aug 24, 2006


David Byrne - Like Humans Do (Radio Edit).mp3

joats posted:

What are the odds this run is going to continue tomorrow?

Seven

Adbot
ADBOT LOVES YOU

Sepist
Dec 26, 2005

FUCK BITCHES, ROUTE PACKETS

Gravy Boat 2k
Seven days of this run and I can sell my options for a breakeven

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply