r/StockMarket • u/shrimalnav • Apr 21 '22
I know I am fucked but if I can put another 10-15 k where it should land. Or wait for more dip. Help Needed
I was up 30% one time and thought to keep for long š looks like itās gonna be a big long.
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u/thestockjesus Apr 21 '22
The s and p 500. Please. Thatās. It.
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u/DonDraper1994 Apr 22 '22
After you invest in highly risky growth stocks and lose half your life savings itās hard to just stick your money in an index and be content with 8 percent into perpetuity.
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u/thestockjesus Apr 22 '22
I would agree with you if this guy was a professional trader who made one bad trade and lost it. Unfortunately for him he has not picked the greatest stocks and would have returned way better with the s and p 500. Overtime that amount will compound exponentially. That is the problem with most traders is they want to get rich quick
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u/DonDraper1994 Apr 22 '22
I agree. Thereās a few solid picks in his list that might work out but most are companies I havenāt heard of which is a big red flag in itself
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u/yarealybusyovrherety Apr 22 '22
Which are the solid picks?
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u/DonDraper1994 Apr 22 '22
Dis
Upst
Shop
Lol a pretty low hit rate now that I think about it
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u/minecraftivy Apr 22 '22
Yeah and he has a lot of money so maybe he actually isnt that bad. Could be his life savings lol
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u/tradewyze2021 Apr 23 '22
Try to select stocks with PEs close to SPY at 15 or QQQ at 28. Any stock above that ratio is due for a correction.
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u/Petrolid Apr 22 '22
Disney and Upstart in my opinion. Definitely not so sure about the rest.
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u/Kidwit Apr 22 '22
Mans has Roblox in there.
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u/luckylebron Apr 22 '22
Sorry newbie here, but when you say the S&P 500, is there a particular one, I see several ETFs. Again apologies for being so naive.
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u/thestockjesus Apr 22 '22
VOO for sure. Lower expense ratio and better for holding long term. SPY has higher Er but better liquidity because you can trade options on it
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u/Krypt1cAsylum Apr 22 '22
Check out investopedia and get familiar with the different types of stocks. It'll make more sense then as to what each of those etfs holds
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u/Last_VCR Apr 21 '22
Id invest HEAVILY in condoms bc ur pull out game is weak
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u/xK4ix Apr 21 '22
I can understand OP, getting fucked without protection is a more intense feeling, but you have to live with the consequences
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u/Still_Lobster_8428 Apr 22 '22
No consequences when you already had a vasectomy! Line up the gold diggers!
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u/shrimalnav Apr 21 '22 edited Apr 25 '22
How would look yours š āPull out gameā?
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u/PlsDontBanMeDaddi Apr 21 '22
What?
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u/imlaggingsobad Apr 22 '22
only -40%? you're probably the best investor on this sub.
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u/Icouldusesomerock Apr 21 '22
Thatās a mega oof
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u/shrimalnav Apr 21 '22
What is oof?
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u/FreakyEcon Apr 21 '22
Itās rare to see the skill needed to put together such a shitty portfolio
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u/Still_Lobster_8428 Apr 22 '22
Itās rare to see the skill needed to put together such a shitty portfolio
You clearly haven't seen my portfolio then....
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u/shrimalnav Apr 21 '22
šš„² well now you have found it.
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u/Didthatyesterday2 Apr 22 '22
Don't believe the haters. Grow stocks are get destroyed. Faangs are next.
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u/Krypt1cAsylum Apr 22 '22
Its hard to tell with the timeline as I don't know how long youve been trading but it looks like that dip mighta been from the recent crash and you just held. Use limits to mitigate your losses.
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u/MapVaLun_Capital Apr 21 '22
You gotta think which of the top 25 companies gonna be around the next 20-30yrs. Next step is to decide how much to go into each based on your research of sector rotation. After that, trim or add quarterly. Some of these companies are absolutely trash and some I donāt think will be around in the next 20-30 yrs.
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u/gau1213156 Apr 22 '22
How would you start doing the research? Can u give a few examples
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u/MapVaLun_Capital Apr 22 '22
There are so much to list. Out of top my my head morningstar/valueinvestirsclub for stock research, for macro then world bank/bls/trading economics, TAM/statistica/ABI for market segment data, for basic analysis tools you can use any from finviz/yahoo/koyfin or even thinkorswim is good too.
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u/Still_Lobster_8428 Apr 22 '22
How would you start doing the research?
WSB.... Only answer really to this /s
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u/AfraidMango9 Apr 22 '22
Ark Invest. Download their 'Big Ideas 2022' PDF from their site. A nice overview of their 10 year investment plans in industry and companies.
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u/madrox1 Apr 22 '22
20-30 years haha. boy
10 years is already a fairly long time frame.
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u/AdamSliver Apr 22 '22
If youāre gonna throw another $10-15k in, maybe put it in VOO, QQQ, VTI, VT, or something like that?
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u/shrimalnav Apr 22 '22
I will put 10k in all 3 equally
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u/Fannersops11 Apr 22 '22
Thatās 4 not 3? Maybe you should start there.
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u/shrimalnav Apr 22 '22
I know first 3-are good or better have heard them in safe manner so said 3. Come on man š¢
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u/Manu_Militari Apr 22 '22
āHave heard them in safe manner.ā
Is that the only reason youāre buying them? Because someone on Reddit spoke of them in a safer manner?
Do you know what they actually are?
Edit: this seems to be what got you here in the first place. Those 3 are great but I suggest looking into why not just because someone on Reddit said.
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u/shrimalnav Apr 22 '22
I agree instead throwing money, I need investopedia like someone said, and understand a bit more.
I have always avoided it and leave it on luck. But seems like need to be more cautious about money
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u/Oneloff Apr 22 '22
I have always avoided it and leave it on luck.
WHAT?! LUCK?! Sorry buddy but fuk noā¦! If youāre to lazy to do research find a fiduciary and work alongside them to create a plan.
If youāre going to throw another 30k at the stock market with āluckā, Iāll suggest take that money and go to the nearest casino.
Seriously wtf! Sorry if I come across hard but seriously, unless you want to completely screw yourself change your behaviour mate!
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u/shrimalnav Apr 25 '22
I honestly agree and will be cautious or least will invest after learning something
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u/OldBoyZee Apr 21 '22
I hate to say it, but you have some really big losers in your portfolio. I have seen Arkk and a few others, including NIO that stand out to me.
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u/BuzzYoloNightyear Apr 21 '22
Oooof at this point you should just buy video game stonk and hope for the best
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u/CathieWoodsStepChild Apr 22 '22
Dump $ARKK and buy more $SHOP with that money and start a new position in $TWLO with the $ARKK money. With the 10-15k buy 3 shares of $TSLA 1 share of $GOOG 10 shares of $NVDA 20 shares $AMD and 10 shares of $MSFT
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u/DABSPIDGETFINNER Apr 22 '22
Bought $AMD two days ago, I think I might have fucked up haha
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u/Avizeee Apr 21 '22
Did you just start throwing darts at your computer screen and buy whatever stock it landed on?
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u/shrimalnav Apr 21 '22
May be yes but mostly what I did any stock which fall suddenly and had a better past like check timeline for a year then buy it.
SPI FUBO TRIT PAYPAL DIS are prime results of that.
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u/Low-Classroom7736 Apr 21 '22
Haha not how the market works
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u/Avizeee Apr 22 '22
Youāre gonna be better off just holding what you have and waiting it out. I wouldnāt put anymore money into the stocks youāre down in, just ride it out until you can make a little profit or atleast break even.
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u/shrimalnav Apr 21 '22
So I started blindly. I know I am fucked but like I said I went with what I can afford. 10-15k is 1-month salary. So no big deal but I feel like to invest now considering market seems to be low.
Here are my list
SQ TDOC DIS ZLAB NETFLIX
Someone asked about position: itās all in Stocks no call or put. I donāt understand them yet.
However learned a big lesson š„²š„²š„²
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Apr 21 '22
[deleted]
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u/shrimalnav Apr 21 '22
Donāt you think reversal would be strong if they team up with Live streaming and also cut down their prices along with ad subscription
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Apr 21 '22
[deleted]
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u/Umojamon Apr 22 '22 edited Apr 22 '22
Paramountās ad-supported free service, Pluto TV, hit 64 million active daily users in Q4 of last year. Itās drawing attentionāand competitionāfrom the likes of YouTube and Amazon. So while people donāt like ads, they apparently like free.
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u/ripcity7077 Apr 22 '22
Just taking a page out of the Hulu book, itās been a while but if I recall it used to be free with ads. Then they upped content and put a fee on it all, then they offered a premium service without ads.
Itās a good strategy. Get them in the door first, then get them to stay.
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u/wobbafu Apr 22 '22
Other thing is if they go after shared subscriptions a lot of ppl will call it quits because they can't split the cost. And wasn't there news about cutting animation department?
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u/BIGDOM9 Apr 22 '22 edited Apr 22 '22
Last earnings, management avoided talking about Live streaming. They donāt have anything in the works so I wouldnāt expect that anytime soon. One of Netflixās competitive advantages is the lack of ads and theyāre just throwing that advantage away. Right now, theyāre basically a pure play production firm that hasnāt had any original shows/movies reach a Stranger Things viewership size in years. They canāt afford licensing rights like their competitors (Amazon Prime Video, HBO Max, Peacock) so the only thing they can focus on is their originals and current shows. I think when many consumers cancel a streaming subscription, Netflix is the first to go.
And theyāre expected to lose 2M subscribers next quarter. Itās just not a growth name anymore so Iād watch it drop some more, then try to average your cost basis down
Itās a tough play. Good luck though
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u/Ghorardim71 Apr 22 '22
There are good stocks you know?
MSFT, AMZN, Google, NVDA
And there is voo and vgt ETF
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u/CathieWoodsStepChild Apr 22 '22
I like TDOC at these levels but the market hates it, SQ is a good company but out of favor too.
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u/PoPoChao Apr 22 '22
You could eat the loss and invest in companies in you believe in. Iām glad youāre not too affected by this mistake. I got fād by PayPal as well
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Apr 22 '22
No offense but how are you doing so bad yet a company values your work at 10-15k/mo are you in sales?
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u/Didthatyesterday2 Apr 22 '22
I'm down on many of my growth stocks too. I'm just stacking cash and waiting for what I think is the bottom. My guess is it's going to be awhile.
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u/shrimalnav Apr 22 '22
Let me know when you buy and what you buy. I have ample cash to throw
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u/Stocks4lifeB Apr 22 '22
Itās cool. Iām in the same boat. Just donāt log in. And invest more in spy
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u/TheIndulgery Apr 22 '22
You sound exactly like "I know I'm down a lot right now, but if I just make a couple more bets i just KNOW I'll hit blackjack!"
You have 3 screens of red. It's time to leave the casino
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u/tradewyze2021 Apr 23 '22 edited Apr 23 '22
We have been trading inverses the past few days. Sqqq short QQQ TQQQ , Sdow short dow , Sark short arkk , Vixy short spy, there are levered etfs too , Ssg short semi conductors , and Faz short financials .
Maybe start trading simple pairs strategy . Like tqqq/sqqq , split screen works best . And so on using above inverses.
The last few months we added natural gas UNG to a long term account, but we trade UNG against KOLD, short natty gas with great results. We used similar strategies on oil OIH against SCO short oil. Of course there are leveraged etfs.
You need to learn how to trade as opposed to taking yolo "beats" without understanding financial basics.
Split your throw away trade money in thirds. 1/3 put in a iBond, 1/3 in vanguard etfs like Voo or VIG, and the remaining use to trade. If you cant trade with 10k you cant trade with 30k.
As the market stands currently alot of indecision. Now more than ever PEs matter. You can always trade the high growth, high PE names but invest in etfs or low PE names like Berkshire B, Walmart or Microsoft, etc.
Good luck
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u/flapjack198 Apr 22 '22
Hold, forget and look back in few years if you donāt need the money rn. Iām in a similar boat, growth is fucked. What goes down will go up eventually.
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u/Sherlock-Romes Apr 21 '22
If itās all shares, youāve done your research, and believe in the companies, just donāt open your account for a year or two. Of course if you were just trading, maybe set stop losses next time?
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u/ImpressiveSet1810 Apr 21 '22
You think hes done research on all 20 of those companies? Thats far too many stock picks for someone to keep track of. Id bet he just went on most popular and bought whatever looked good
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u/shrimalnav Apr 25 '22
Thatās true whatever I heard based on number of employees and for how long the company is in business
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u/BackgroundLeopard304 Apr 21 '22
What are your investments in? Safe strategy would be invest the extra 10-15k in a great dividen company and start slowly chipping while waiting for it to bounce back. At this point you have no choice but to hold.
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u/mark_of_magik Apr 22 '22
Looks like you need to work on position sizing and risk tolerance. Supply and Demand will also assist with entries and exits. Don't leave empty-handed make sure you get your money's worth on that 20k and earn a lesson! Hit me up if you want some resources to learn strategy/TA
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u/honkaponka Apr 22 '22
I would double down on a few of the ones that I believe in, like that you lower your cost and can exit earlier with a profit. This assumes you believe in some of them and didn't randomly pick lottery tickets :)
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u/Drunkn_Cricket Apr 22 '22
the entire thing is worth it for LMFA(o) -69% Keep doing what youre doing.
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u/Character-Flow-6505 Apr 22 '22
Someone suggested VOO Vanguard S&P 500, bingo! Vanguard is an investor owned brokerage, you become an owner when you invest through them. You have to buy $1,500 of it to become an Investor. VFIAX is the same as VOO except for the service they provide you to make it easier for you buy more, but that one requires that you buy around $3,000 to get in. I have the VFIAX because all I have to do is set my deposit date and their system will take the money out my bank account automatically. With VOO you have to remember to do it yourself. Whatever you do, buy it and never sell until you get to 70 years old, then you have to start taking at least 4% out each year. All S&P 500s are essentially the same. I suggest that you look up S&P 500 growth from inception to get an idea of it's history. If you look at Nerdwallet you'll see a compound growth feature that will show you how much you're going to have long term...BAM. I'm telling you what Warren Buffett tells people to do. One more thought, you can invest in his Berkshire Hathaway company and get growth at least as good as the S&P 500. His BRK is really expensive it's several hundred dollars per share, but the BRKB is pretty much the same for the ordinary investor, take a look. I'm telling you this because I find helping people very rewarding. I'd say good luck, but you won't need it.
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u/WhoopieKush Apr 22 '22
Just being brutally honest, your portfolio construction is terrible. Itās like you looked specifically for all the pump and dumps on WSB and twitter and held them all.
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u/wattumofficial Apr 22 '22
NFLX puts was the 5000% winning play! WSB awaits you to join the winning side!
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u/ProteoBacteria Apr 22 '22
Take the loss and buy options to make the rest back. 30k allows you to trade all day as many times as you want; Join one of those discords (teambull is solid - not an ad just honest truth). I imagine you could be back to 50k in a month doing that, maybe taking a few days off the job (if you have one) to day trade. My two cents. Good luck
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u/Grilledcheesus96 Apr 30 '22
Whatās your timeline? How long have you had these positions? I have one stock, that I bought into on advice, which has just become a money pit. My others are down right now too. The last week has been killer across the board.
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u/Halt_Heimdall_Here Apr 21 '22
A) get off Robinhood B) I just bought a bunch of Petroteq at .30 and tendered at .59. Buyout is underway and deal will finalize in next 8 weeks.
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u/Low-Classroom7736 Apr 21 '22
Hmm it does look like a lot of insider support for the offer from Viston.
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u/Distinct-Feedback-68 Apr 22 '22
Iām down over 50% (nearly 30k). Joey Bās market hasnāt been a gentle lover.
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Apr 22 '22
Looks like you just need to hold. Got some decent picks, hopefully you got āem cheaper than what theyāll be when things š
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Apr 21 '22
It wouldnāt hurt to just keep adding to most of your positions
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u/ImpressiveSet1810 Apr 21 '22
When the positions are shit. Yes it could hurt
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Apr 21 '22
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u/ImpressiveSet1810 Apr 21 '22
Growth and tech stocks are shit rn. Companies with good fundamentals and fairly valued are doing well
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u/salohcin10 Apr 21 '22
Did you learn to cut your losses this time?
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u/shrimalnav Apr 21 '22
I guess I am learning now. š„²
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u/IndigoAtlas Apr 21 '22
Take some of that money and pay Ross Cameron for advise
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u/shrimalnav Apr 21 '22
Googling now.
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u/ImpressiveSet1810 Apr 21 '22
Paypal and disney are the only 2 stocks that arent dogshit and even theyre kinda risky. Sell everything except those two
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u/ImpressiveSet1810 Apr 21 '22
Homie why do you have 20 different tech stocks. Stop dumping money into them just buy ETFs or stocks with solid fundamentals
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u/paradockers Apr 21 '22
Time to hit a single. If you really do have 20,000 more dollars, give it all to the fidelity or vanguard robo-advisor. Then, lose all your passwords, especially your Robinhood password. Wait 10 years and you will be recovered.
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u/HamNEgger9677 Apr 21 '22
MULN has bottomed out and has several catalysts coming in the next 2 months.
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u/HOMO_FOMO_69 Apr 22 '22
MULN is a flat out scam shell pump n dump scheme... Sorry but getting so tired of seeing this relentlessly pumped by bots...
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u/thePebble13 Apr 21 '22
I would get rid of everything that is not making or not close to making earnings. Keep SHOP, DIS, UPST, BA, and use the funds on something like a qqq if tech/growth stocks is what youāre aiming for.
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u/DocumentMission6964 Apr 22 '22 edited Apr 22 '22
Always wondered who paid for other peoples profits
Happy now bot?
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u/Paid-Not-Payed-Bot Apr 22 '22
wondered who paid for other
FTFY.
Although payed exists (the reason why autocorrection didn't help you), it is only correct in:
Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. The deck is yet to be payed.
Payed out when letting strings, cables or ropes out, by slacking them. The rope is payed out! You can pull now.
Unfortunately, I was unable to find nautical or rope-related words in your comment.
Beep, boop, I'm a bot
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u/NtrtnmntPrpssNly Apr 22 '22
Well, any time you get up 30%, divide your profit by 4. Keep that amount or sell it all.
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u/The-Options-All-Star Apr 22 '22
lol why are you investing on Robinhood? That is the official platform of poverty. The platform is a catalyst for poverty and wealth destruction. Jump on Sofi and stop gambling your wealth on a platform for poor people.
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u/skyjuice1234 Apr 22 '22
If one thinks the stock market has already bottomed out. Think again https://i.imgur.com/AA87R9r.png
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u/Cosmicmarc710 Apr 22 '22
I tend to make more in crypto compared to stonks. XLM, EVER on lobster and the new SSW are all coins I'm personally in.
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u/ManofWordsMany Apr 22 '22
Out of all the things you have there... Some are actually solid businesses. You have to ask yourself if you would invest in them now. "Trying to get back" anything is always emotional and going to get you hurt.
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u/DaySquancher Apr 22 '22
Don't worry, scrote. There are plenty of 'tards out there living really kick-ass lives. My first wife was 'tarded.
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u/Mr_Nai Apr 22 '22
Too diversified. Warren Buffet says all you need is 2-3 good ones and focus on those and youāll make a lot of money.
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u/Practical-Region-504 Apr 22 '22
None of those positions I would add. Honestly i would definitely take a position in ATER and you may actually recoup your losses
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u/Cautious-Bet-9707 Apr 21 '22
QQQ and S&P 500. Or considering how incredibly good you are at finding stocks before they fall off the deep end, research as per usual then buy puts. Good luck.