Alright, gonna start rotating some of my cash back into the market after today's dip.
Also boy am I glad I took some TNA profit yesterday.
Also boy am I glad I took some TNA profit yesterday.
El Chupacabra said:
mama said there'd be days like this!
BREAKING 🚨: Natural Gas
— Barchart (@Barchart) February 13, 2024
The absolute obliteration of Natural Gas continues as it has fallen to fresh 3.5 year lows. How low can this thing go? pic.twitter.com/jwNvmPr7U1
ProgN said:El Chupacabra said:
mama said there'd be days like this!
Chef Elko said:
Oh it can always golowerharder
Do you know which movie that my gif came from?Red Pear Luke (BCS) said:ProgN said:El Chupacabra said:
mama said there'd be days like this!
You should expect more days like this after next week imo.nortex97 said:
I vote against more of these days.
I like these days. Sold half my hedges (all for over 100% gain), and even at the trough, I was no worse off than last Monday.nortex97 said:
I vote against more of these days.
ProgN said:You should expect more days like this after next week imo.nortex97 said:
I vote against more of these days.
I'm guessing Schwab and Vanguard are wondering why I've entered 87 buy orders today.nortex97 said:
I vote against more of these days.
Pssh of course I do....ProgN said:Do you know which movie that my gif came from?Red Pear Luke (BCS) said:ProgN said:El Chupacabra said:
mama said there'd be days like this!
NVDA reports earnings and that's the last biggie and earnings season drawing to a close. No fed cut in March and now the May/June cut has come into question. The market has priced int 6-7 rate cuts this year, I was never in that camp. I've been in the 3-4 range. Layoff announcements will begin to rise. The markets will revert back towards their mean, which needs to happen. Throw in the dreaded "R" word (recession) by pundits on CNBC and there's more headwinds and in front of us than there are catalysts to propel it higher.txaggie_08 said:ProgN said:You should expect more days like this after next week imo.nortex97 said:
I vote against more of these days.
What's next week?
Thanks buddy, for reminding me that I'm officially an old Ag now. I saw that when it was first released.Red Pear Luke (BCS) said:Pssh of course I do....ProgN said:Do you know which movie that my gif came from?Red Pear Luke (BCS) said:ProgN said:El Chupacabra said:
mama said there'd be days like this!
*quickly runs to google*
*spends two minutes avoiding burning down the house song results*
Revenge of the Nerds.
Nerd.
Your last trade says "sell to open", did you mean to write a covered call?Charismatic Megafauna said:
Apparently I'm better at trading red days than green. Made $860 and the most i had on the table was $295. Could have made a lot more if I'd played looser but pretty proud of myself that i did it conservatively.
As I've posted on here over the last few weeks. I'm in majority cash, but I have played quick hit trades and built up more cash. I'll be ready for when it corrects and I will take advantage of trading swings when they present themselves while I'm waiting.nortex97 said:
Yeah I think I am going to pull out of my regular stock index funds basically in short order. Too many people essentially agree with the consensus about a spring pull back being pretty dramatic.
I'm not an expert trader by any means, and don't consider myself a timing expert either, but it is time to work on how to invest 'fun money' to profit in a down movement (short). I know it's not supposed to be that complicated but I have never done it.
But I did watch the GameStop show on netflix last night.
Charismatic Megafauna said:
Yeah i was out of day trades so i built a spread. Would have made almost another grand if I'd just let it ride but wanted to stay green and not risk moc taking it away
Yeah somehow i am still on tda desktop and mobile app, not sure how but I'm not complaining!
LYFT goes from a 60% pop down to around 15% currently after a typo in the ER was corrected during the call.Heineken-Ashi said:
LYFT off. Expecting it to hit $17.50. Was watching it last couple days and almost jumped in. Didn't though.
bmoochie said:I played VIX and sold too early! still profit.oldarmy1 said:
Well GCT calls are green LOL
We were very tight trading yesterday into today. Made a UPS trade that broke our win streak. Told people on the initial bounce move to get out or lotto ticket for the week. Good news is I gave multi levels of SPY puts yesterday anticipating a hot CPI. What idiot wouldn't? Do they not shop or own a business?!
I entered NVDA puts after it went Green and didn't hold. Ready for it to rollover and die now
Spoony Love said:
If it keeps going up, then the pasture fed chicken I raise is going to be cheaper than the store brand, chicken barn package.
Here's my advice: Grow your own food or get to know someone who can grow it for you.
We will process around 125 chickens on March 28. That will be more than enough for our family of 5 for the year. I'll be about $12-13 in per chicken. While it's not cheaper than the regular chicken at the grocery store yet, it murders the whole bird price of what a store calls "all-natural, pasture raised" chicken. And ours are truly pasture raised.
You're not being stupid because you're just now realizing that emotion is not your friend when it comes to money or making decisions on trades. I'd also suggest not jumping into actively managing what you've built with both feet. Think about freeing up a portion of it and challenging yourself to outperform your funds every year. You will make mistakes, but learn from those mistakes and don't put it all at risk. Outperform your funds with a fraction of what you've built and your confidence will grow without taking on too much risk. Trust me, this is the path you want to take.nortex97 said:
It's weird. I have some sort of emotional connection to holding the stuff that has worked the past 10 or 15 years. I realize that is a stupid emotion/feeling but I don't think it is an unusual one. Have to reason through the emotion of selling is all.