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Lounge => General Discussion => Topic started by: L0NZ. on May 26, 2021, 12:23:48 AM

Title: Stock Market Gurs...
Post by: L0NZ. on May 26, 2021, 12:23:48 AM
I just bought my first call and I'm in shambles. Only a $90 potential max loss but nnnnnn. Started low for the sake of learning. I'm scared because this is kinda like ... gambling....it feels like a game at my fingertips.
Title: Re: Stock Market Gurs...
Post by: Bulldagger on May 26, 2021, 10:37:19 AM
Quote from: L0NZ. on May 26, 2021, 12:23:48 AM
I just bought my first call and I'm in shambles. Only a $90 potential max loss but nnnnnn. Started low for the sake of learning. I'm scared because this is kinda like ... gambling....it feels like a game at my fingertips.

You need to study the market hard. Do not start investing without studying the market for at least 6 months. Some advice I can give you is you will lose money. Good luck.
Title: Re: Stock Market Gurs...
Post by: Bentley. HARRIS! on May 26, 2021, 11:25:58 AM
Quote from: Bulldagger on May 26, 2021, 10:37:19 AM
Quote from: L0NZ. on May 26, 2021, 12:23:48 AM
I just bought my first call and I'm in shambles. Only a $90 potential max loss but nnnnnn. Started low for the sake of learning. I'm scared because this is kinda like ... gambling....it feels like a game at my fingertips.

You need to study the market hard. Do not start investing without studying the market for at least 6 months. Some advice I can give you is you will lose money. Good luck.
before or after the six months of studying
:sevynstreeter:

no fckn ma'am

let them rich white niggers go down in flames with the economy. the way they are trying to tap into the black buying power now that everything is in shambles is DISGUSTING to me

Investing! Wealth mindset!

these crackers are always getting over, cause they know our kind won't be prone to only invest black

this whole stock market push for blacks is a trap to me tbh.
Title: Re: Stock Market Gurs...
Post by: Bulldagger on May 26, 2021, 12:14:58 PM
Quote from: Bentley. HARRIS! on May 26, 2021, 11:25:58 AM
Quote from: Bulldagger on May 26, 2021, 10:37:19 AM
Quote from: L0NZ. on May 26, 2021, 12:23:48 AM
I just bought my first call and I'm in shambles. Only a $90 potential max loss but nnnnnn. Started low for the sake of learning. I'm scared because this is kinda like ... gambling....it feels like a game at my fingertips.

You need to study the market hard. Do not start investing without studying the market for at least 6 months. Some advice I can give you is you will lose money. Good luck.
before or after the six months of studying
:sevynstreeter:

no fckn ma'am

let them rich white niggers go down in flames with the economy. the way they are trying to tap into the black buying power now that everything is in shambles is DISGUSTING to me

Investing! Wealth mindset!

these crackers are always getting over, cause they know our kind won't be prone to only invest black

this whole stock market push for blacks is a trap to me tbh.


You will lose money, especially short term, investing because the stock market is a probability play. If one thinks he will win every time, the stock market is not for him.

They're not trying to tap into the black buying power. Why would they need to do that when blacks money is tied up in depreciating assets? Essentially, they'd rather shop at Target than own a share of it.  GME short squeeze was the catalyst for recent black investors.

You can make money in the stock market but you have to be realistic with your goals and do your due diligence. No real investors supports jumping in and out of meme stocks. That's fast money with a big risk to reward. You can't go wrong investing in utility companies and essential companies that will always be around no matter what the economy is doing. Will one get rich? Not unless they have money to start or catch a crypto/stock under a penny and it moons down the road, but they can make money if they know what they're doing.
Title: Re: Stock Market Gurs...
Post by: L0NZ. on May 27, 2021, 02:34:03 PM
Good advice Bull, I do understand the risk and I'm def taking my time though. And absolutely only using my play money. So that $90 call option didn't fill so I had to cancel it. I would have gained though :fuming:

anyway I ended up doing another contract for $149. Deadline is tomorrow and Im looking at a $700 gain d


d
d
d
d
d

d
d
d
d
d


the fuck :uhh:


bitch wait till I get this down PAT 
Title: Re: Stock Market Gurs...
Post by: 'ology on May 27, 2021, 02:45:51 PM
The market is so turbulent right now crypto is trying to adjust, tech is all over the place, Biden admin is tryna deal with inflation, etc lol My equity was down 20-30% 3 weeks ago now I'm back up 60-70% equity. Those call options are so risky, I made bank off a few Nio options, but this last one whooped my ahh!! Down $1300. But this is all apart of the risk and the money I lost was just money I made so it hurts, but not as bad as if I actually took the money out my checking lol
Title: Re: Stock Market Gurs...
Post by: L0NZ. on May 27, 2021, 03:57:32 PM
Quote from: 'ology on May 27, 2021, 02:45:51 PM
The market is so turbulent right now crypto is trying to adjust, tech is all over the place, Biden admin is tryna deal with inflation, etc lol My equity was down 20-30% 3 weeks ago now I'm back up 60-70% equity. Those call options are so risky, I made bank off a few Nio options, but this last one whooped my ahh!! Down $1300. But this is all apart of the risk and the money I lost was just money I made so it hurts, but not as bad as if I actually took the money out my checking lol

!!!!! I'm only flipping mess I made from within the market tbh
Title: Re: Stock Market Gurs...
Post by: JCJ on May 27, 2021, 04:00:20 PM
I need to learn this
Title: Re: Stock Market Gurs...
Post by: 'ology on May 27, 2021, 04:04:15 PM
Quote from: L0NZ. on May 27, 2021, 03:57:32 PM
Quote from: 'ology on May 27, 2021, 02:45:51 PM
The market is so turbulent right now crypto is trying to adjust, tech is all over the place, Biden admin is tryna deal with inflation, etc lol My equity was down 20-30% 3 weeks ago now I'm back up 60-70% equity. Those call options are so risky, I made bank off a few Nio options, but this last one whooped my ahh!! Down $1300. But this is all apart of the risk and the money I lost was just money I made so it hurts, but not as bad as if I actually took the money out my checking lol

!!!!! I'm only flipping mess I made from within the market tbh
I have about half my investments in the high risk game and the other half in the stable stocks. My long term stocks are the ones I invest in weekly/biweekly it helps build your portfolio and increases dividends. Stocks with the best dividends are really some of the best things to put your money in bc you can live off of it. my homeboy even quit his job 2 years ago and has been living off his dividends primarily.
Title: Re: Stock Market Gurs...
Post by: ATLien on May 27, 2021, 04:06:27 PM
flip a damn bar of soap
Title: Re: Stock Market Gurs...
Post by: Bulldagger on May 28, 2021, 11:39:12 AM
Quote from: L0NZ. on May 27, 2021, 02:34:03 PM
Good advice Bull, I do understand the risk and I'm def taking my time though. And absolutely only using my play money. So that $90 call option didn't fill so I had to cancel it. I would have gained though :fuming:

anyway I ended up doing another contract for $149. Deadline is tomorrow and Im looking at a $700 gain d


d
d
d
d
d

d
d
d
d
d


the fuck :uhh:


bitch wait till I get this down PAT


It can be addicting, but again, be careful.  Studying will help you avoid losing a significant  amount of money. Learn about fundamentals to avoid picking some bs. You know options usually go off during earnings season every quarter.
Title: Re: Stock Market Gurs...
Post by: L0NZ. on May 31, 2021, 11:49:12 PM
AMC anyone?

Gamestop scenario. This week
Title: Re: Stock Market Gurs...
Post by: Buy The Stars✨ on June 01, 2021, 12:51:25 AM
Quote from: L0NZ. on May 31, 2021, 11:49:12 PM
AMC anyone?

Gamestop scenario. This week
'

YEPPPPP
Title: Re: Stock Market Gurs...
Post by: CHOKE on June 01, 2021, 04:56:32 AM
Ion know much bout it but I can always tell when it's bad when King beats my ass 
Title: Re: Stock Market Gurs...
Post by: Kalifornia. on June 02, 2021, 03:36:40 PM
BITCH my AMC mess!!!!

:gorlonfire: :gorlonfire: :gorlonfire:
Title: Re: Stock Market Gurs...
Post by: L0NZ. on June 02, 2021, 04:33:02 PM
Quote from: Kalifornia. on June 02, 2021, 03:36:40 PM
BITCH my AMC mess!!!!

:gorlonfire: :gorlonfire: :gorlonfire:

I got in late, I had to buy mine for like $34. Bought 90 shares... so my return so far is only 3,600

Hold bby, this isn't the squeeze they say. It actually can't be, you will KNOW when shit hit the fan.
Title: Re: Stock Market Gurs...
Post by: Kalifornia. on June 02, 2021, 04:41:36 PM
Quote from: L0NZ. on June 02, 2021, 04:33:02 PM
Quote from: Kalifornia. on June 02, 2021, 03:36:40 PM
BITCH my AMC mess!!!!

:gorlonfire: :gorlonfire: :gorlonfire:

I got in late, I had to buy mine for like $34. Bought 90 shares... so my return so far is only 3,600

Hold bby, this isn't the squeeze they say. It actually can't be, you will KNOW when shit hit the fan.

!!!!
I'm definitely holding. The squeeze hasn't hit yet.

It's funny because I was sitting at a loss for a few months, but I knew the mess would come roaring back once the gorls started heading back to theaters.

I just wanted to recoup and then cash out after breaking even, but this damn COIN had other plans it seems!

(https://thumbs.gfycat.com/SecretPeriodicDungbeetle-size_restricted.gif)
Title: Re: Stock Market Gurs...
Post by: L0NZ. on June 02, 2021, 04:42:26 PM
Nnnnnnn
Title: Re: Stock Market Gurs...
Post by: Young on June 02, 2021, 04:45:48 PM
AMC BIIIIIIIITCH

(https://uploadir.com/u/mgcegnt3)
Title: Re: Stock Market Gurs...
Post by: L0NZ. on June 02, 2021, 04:49:28 PM
How many shares y'all got? 
Title: Re: Stock Market Gurs...
Post by: Kalifornia. on June 02, 2021, 04:53:43 PM
I have 75 shares. I got in when it was like $17 a share.

I was SICK when it dipped right away, but BAYBEE good things come to those who wait!

(https://uploadir.com/u/mgcegnt3)
Title: Re: Stock Market Gurs...
Post by: Summertime on June 02, 2021, 04:54:11 PM
AMC will hit $100 prob on Friday.  It's going to be a thing of beauty all this month.

The girls said the pandemic is over and time to get their movie on.  July should be nice too since that's when all the biggest movies come out  :gorlonfire:
Title: Re: Stock Market Gurs...
Post by: Young on June 02, 2021, 04:58:00 PM
I'm upset I didn't get more shares! :loose2when:

40 at 14 dollars

The profit mess tho

(https://uploadir.com/u/mgcegnt3)

Title: Re: Stock Market Gurs...
Post by: Kalifornia. on June 02, 2021, 05:01:17 PM
Quote from: Young on June 02, 2021, 04:58:00 PM
I'm upset I didn't get more shares! :loose2when:

40 at 14 dollars

The profit mess tho

(https://uploadir.com/u/mgcegnt3)

I might fly to Hawaii so we can have a blunt & a DRANK

(https://uploadir.com/u/mgcegnt3)
Title: Re: Stock Market Gurs...
Post by: Young on June 02, 2021, 05:04:13 PM
Quote from: Kalifornia. on June 02, 2021, 05:01:17 PM
Quote from: Young on June 02, 2021, 04:58:00 PM
I'm upset I didn't get more shares! :loose2when:

40 at 14 dollars

The profit mess tho

(https://uploadir.com/u/mgcegnt3)

I might fly to Hawaii so we can have a blunt & a DRANK

(https://uploadir.com/u/mgcegnt3)

Dbdbfbfbfbfbfbfbfbbfbf

Baybeeee listennnnn



(https://uploadir.com/u/mgcegnt3)


Title: Re: Stock Market Gurs...
Post by: Cartierline on June 02, 2021, 05:31:27 PM
ddddd I got into AMC a bit late but baybeeeeee

(https://uploadir.com/u/mgcegnt3)
Title: Re: Stock Market Gurs...
Post by: L0NZ. on June 02, 2021, 05:35:31 PM
Tbh I'm playing with the idea of buying a teensy bit more, even at $66. Multiply my mess bby
Title: Re: Stock Market Gurs...
Post by: ATLien on June 02, 2021, 05:39:52 PM
which one of u hoes r treatin me to dinner tonight

(https://uploadir.com/u/mgcegnt3)
Title: Re: Stock Market Gurs...
Post by: ATLien on June 02, 2021, 05:51:35 PM
awesome to see investments paying off 

super happy for yall

And love the fact that this is becoming a thing in our community 

just the fact that so many more of us are thinking of investing in itself is a win . 
Title: Re: Stock Market Gurs...
Post by: Young on June 02, 2021, 06:00:20 PM
Quote from: L0NZ. on June 02, 2021, 05:35:31 PM
Tbh I'm playing with the idea of buying a teensy bit more, even at $66. Multiply my mess bby

!!!!

Snsddddd

Kinda wanna RUN it up A bit more

I feel like the tea is gonna keep jumping up a bit!
(https://uploadir.com/u/qjkfcjo9)
Title: Re: Stock Market Gurs...
Post by: L0NZ. on June 02, 2021, 06:29:51 PM
Quote from: get busy. on June 02, 2021, 05:51:35 PM
awesome to see investments paying off

super happy for yall

And love the fact that this is becoming a thing in our community

just the fact that so many more of us are thinking of investing in itself is a win .

I was talking to a coworker about cryptocurrency 2 weeks ago, and we started chatting about investing and when one should start. And he mentioned how he hasn't yet but it's a no brainer based on what he'd seen growing up. I wanted to say not everyone has those examples or lessons that are passed down and some are first generation this or that, even for something as simple as investing. But he's White, so I didn't add that to that convo
Title: Re: Stock Market Gurs...
Post by: ATLien on June 02, 2021, 06:36:48 PM
Quote from: L0NZ. on June 02, 2021, 06:29:51 PM
Quote from: get busy. on June 02, 2021, 05:51:35 PM
awesome to see investments paying off

super happy for yall

And love the fact that this is becoming a thing in our community

just the fact that so many more of us are thinking of investing in itself is a win .

I was talking to a coworker about cryptocurrency 2 weeks ago, and we started chatting about investing and when one should start. And he mentioned how he hasn't yet but it's a no brainer based on what he'd seen growing up. I wanted to say not everyone has those examples or lessons that are passed down and some are first generation this or that, even for something as simple as investing. But he's White, so I didn't add that to that convo
rhbvvvvvvvvvvv

Right . I was just saying two years ago that I wish financial convos were as big in the community  as the whole wokes mess

All of these things are definitely intertwined .

And here we are . Seeing some mention of crypto or other investment mess attached to every woke convo I see on Facebook now ndnfnfnf

Push tf thru blk people . I'm all the way here for it . We waking up on ALL fronts

We gotta get of the mindset of living for here and now only. I don't have kids and probably won't have any. But I have black nieces and nephews who will benefit when it's time .
Title: Re: Stock Market Gurs...
Post by: FRANCE on June 03, 2021, 09:54:09 AM
keep ur eyes on amc 
Title: Re: Stock Market Gurs...
Post by: Cartierline on June 03, 2021, 09:54:57 AM
AMC dipped a bit...

Considering buying some more

:omgwatshappening:
Title: Re: Stock Market Gurs...
Post by: L0NZ. on June 03, 2021, 09:56:46 AM
I did