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Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I have 150 dollars and a TFSA, is there anything I can do to profit off of this crash? lmao

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Toalpaz
Mar 20, 2012

Peace through overwhelming determination

Meyers-Briggs Testicle posted:

Get a loan from your bank and use that to buy Disney puts, 80 4/17

Okie Dokie

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
:pcgaming: silver's crashing, time to buy buy buy :pcgaming:

I made 5% on the stocks, yahoo! I took my hand off because I got scared and missed some percentages, but it flattened off.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
How do I hold onto things when they're up. I just want to sell and cash in 15%. I think it's up because stimulus stuff too. So if stimulus doesn't pass that's all gone, and if it does maybe 15% is priced in.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I got out at 20% up, I really wish I was investing a real amount of money and wasn't poor, but I'll take it.

I want to wait to see unemployment numbers and put money into things that crash then, I think.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Cries in ORC going 30% over where I got off at.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
i'm gambling on earnings reports

thank you and god bless

i sure hope ORC is in a good position, because I have no knowledge

in the words of another poster in the thread: "this is better than the slots"

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I missed the ex-date too and learned something new by following along with the thread. I'm learning a lot about saving money though so once I get an actual income it would be fun to invest properly. :kiddo:

Anyways I hope we irrationally go up some more, I really do have the worst timing.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Theres gotta be a job for people who buy peaks and sell bottoms out there.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Folks, how do we feel about REITs now. We haven't hit bottom yet right?

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I'm going long on what I think is an undervalued Reit. HR-UN.TO or HR.UN. They value themselves at 22 dollars a share, they only have 33% retail properties afaik, they lowered their dividend payouts and secured loans to ride out economic collapse, they still collected 80% of their rent in May, and are trading for 50% less then they have been for the past 5 years (unlike other Reit they've been drifting upwards much slower you seem to be getting like, end of march pricing on this one) (They survived the 2008 financial crisis too).

I figure I get in now, go long, pray they survive, and collect dividends until I find another good trade I want to make. They usually pay like 14% dividends yield, so getting in now is a super great thing if you aren't interested in active trading and just want to collect checks. If you think they're going back up from 8% where they are now. Which isn't really this thread's thing I guess.

Am I dumb?

Toalpaz
Mar 20, 2012

Peace through overwhelming determination

Ola posted:

You're not dumb. But you might not be right either. :v:

Fair!

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Wow, this is my first time investing a real amount of money and despite my intention to go long I feel I can make a decent amount of short profit because my timeline for things 'getting better' is like 6 months in the future, and a few percentage points means a lot to me now...

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I walked away with some cash from the stock I wanted to go long on. Would love to stick around but it's approaching 2 month long highs for no discernible reason and I'll buy in again later.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I shorted again today for a small profit. Feels good. :shobon:

Toalpaz
Mar 20, 2012

Peace through overwhelming determination

It me... basically.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I'm holding Rie.un over the weekend. After making some money I saw they were on a discount, a big dividend next week, and trading at monthly lows. I'm guessing about a 7% swing upwards during the week, but if all else fails I'll still be cashing in a .8 percent dividend come Thursday.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination

Sputnik posted:

Curious, because I was also eyeing them up recently. What caused you to figure on a 7% upswing? Hunch? Tea Leaves? Secret insider deets?

They're a highly rated company. Reits are notoriously stable apparently. They were at a 2.5 month low this week, and fell 2.5 percent yesterday. The dividend is large, and nothing about the company has probably fundamentally changed in 2.5 months. Usually it's sitting at 15.25~ish, which is a 7% swing up from my position and I think it has swing up a sizable amount around dividend time the past few months.

Listen, it's mostly tea leaves because I'm a garbage baby investor who is going to lose everything and the farm... But I feel pretty good about this one because it's a non-meme stock and I bought near bottom.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination

Toalpaz posted:

They're a highly rated company. Reits are notoriously stable apparently. They were at a 2.5 month low this week, and fell 2.5 percent yesterday. The dividend is large, and nothing about the company has probably fundamentally changed in 2.5 months. Usually it's sitting at 15.25~ish, which is a 7% swing up from my position and I think it has swing up a sizable amount around dividend time the past few months.

Listen, it's mostly tea leaves because I'm a garbage baby investor who is going to lose everything and the farm... But I feel pretty good about this one because it's a non-meme stock and I bought near bottom.

I will also mention that their volume yesterday was very very small, with occasionally institutional buyers buying 100k+ in bulk. I think other institutional banking types are betting on steadier volume driving it up next week and buying at a discount.



Again, please yell at me if I'm wrong just so I can learn a thing or two.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
On one hand, I'm happy I'm up a few percentages. On the other, my analysis was obviously wrong and HR.UN is pushing up too alongside REI.UN, despite their dividend payout being last week. Maybe this is just people putting money back into REITs because they're hopeful? I dunno.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Hmm, I've made 12% since last Thursday. I wonder where I go from here because the REIT's I've been trading are approaching monthly highs and I don't really expect them to grow much beyond that.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I took my hand out of the pot after eating a few percentages of red and missing a chance to get off at a profit.

When the markets go red like this am I just supposed to wait and see and buy the biggest loser?

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I'm sad I didn't trust my gut and buy into the floor I was seeing at 11 am, but it's hard to make those calls when everything is -5 to -7%, it's basically just gambling right? I bought into a steady REIT i knew was going to recover, sold on recovery, and bought another one that had dividends today and took the .8%. Hopefully I can sell at open for more than the dividend.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I lost like 3% because I did US currency conversion on a small short... :cripes:

I know it's my fault, but my bank sure does make it very easy to make this mistake...

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Wow, seeing a lot of red. I don't want to sell at a loss and I think long term I'm good. So maybe I just eat poo poo for a week and stop trying to time the market?

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
There's gotta be some contraction Monday right? I profit take now right?

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
I'm not holding over the weekend. Big RIP if I miss out on another huge swing up, but I am expecting a 2-3% drop on the things I like to play in the coming week, which is just more money for me. Gains are gains.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Well, I was worried about a contraction and wasn't sleeping with money in, and it's paying off lately? I think I've dodged like 15-18% down.

Yeah I'm with everyone else wondering when we'll be hitting bottom. Sounds like a lot of people don't want to be holding over weekend.

It's times like these where I wish I knew a thing or two about options so I could make money off of dips in bad markets, rather than just buying lower and waiting.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination

FreelanceSocialist posted:

I can't decide if I should stay cash through the weekend or if the casuals will get FOMO and buy the market tomorrow. Since March I've tried not to hold stuff over the weekend because poo poo always goes sideways, it seems.

e: "sideways" as in "wrong" not as in "flat".

Same, I'm tempted to buy in now because it's a decent price to go long on for the things I'm interested in, and the possible short term rally is tempting.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
So, I'm learning about buying options because I am just looking for the fastest way to lose all my money.

The thing is that buying puts actually seems fairly reasonable? I'm not talking about writing options, because I don't want to assume that much risk ever, but holding puts seems okay as long as you get a decent price.

I think I will open some puts, for next week. Betting on a new crash I guess or at least a 7% drop in the stocks I know and love.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Well I made some money and bought in again at this new low, it would definitely be fitting for another contraction before I escape.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Yeah, it sounds like people are very conflicted about the direction we're going to be having over the weekend. I'm pretty sure I'm staying out but sometimes I feel terrible about missing magic overnight gains.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Ha ha ha, I have weak hands. Maybe I'll be able to hold again overnight if it loses some ground. But, I took some profit again. 3% swing ups during days are real. I've made like 5% today and I feel like I should just take a break because somehow it feels like I'm pushing my luck.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination

VelociBacon posted:

Moved my long term holdings into cash in case we see a brutal red Monday.

stuff like this makes me feel scared because I'm sitting with a greedy buy order. I'm afeared I'm going be catching a knife end of day due to a massive sell off as people derisk.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
This sideways movement is killing me. I'm not committed to holding over the weekend. :(

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Usually I do market orders because I'm not actually buying a lot and it's the fastest way to lock in a dip...

But I got punked on one and lost like .8% in up value... Somehow? I guess cause of the low volume... Sometimes I really hate this.

That being said looks like I'm still up because it's impossible to lose money apparently.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination

Inner Light posted:

What are you trading..?

HR-UN.TO... It follows the reit movements but like 2x as swingy so I get more ups. I refuse to hold overnight because it usually opens up lower than it's daily high... And I'm playing for small dollars. I am very comfortable trading it because I feel like fundamentally, the company is probably fine.

Mind you, the wins are never as big as some of the people in the thread.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Number going up was pretty much guaranteed with my profit taking like 30 minutes ago.

Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Market orders save me at open :pray: I would like the free gains.

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Toalpaz
Mar 20, 2012

Peace through overwhelming determination
Well, I payed a 4% opportunity cost. Let's see if number goes anywhere.

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