I'm pretty sure I saw a 2025 strike that was around $.70 someone entered into for $650,000 total. Valued at 52mm when I checked after reading it a couple days ago. Someone always knows
Get away from the meme stocks.Aggie Class of 2026 said:
I'm looking at buying some stocks to hold (months/years)
Thoughts on AMC, $200 worth at $4.50 per
Dividends, reinvest?Heineken-Ashi said:Get away from the meme stocks.Aggie Class of 2026 said:
I'm looking at buying some stocks to hold (months/years)
Thoughts on AMC, $200 worth at $4.50 per
Monday buy KVUE. Currently $18.39. Set a stop at $17.80 which is a hair below the recent low. Below that and downside is not protected at any level. Make sure your stop is "good to close". Target $23.50-$25.00. On 100 shares, the stop puts your max loss around $50. The minimum target is $500 gain. Your potential minimum gain is 10x your risk and a 32% overall gain. If you get stopped, you lost 3%.
Aggie Class of 2026 said:Dividends, reinvest?Heineken-Ashi said:Get away from the meme stocks.Aggie Class of 2026 said:
I'm looking at buying some stocks to hold (months/years)
Thoughts on AMC, $200 worth at $4.50 per
Monday buy KVUE. Currently $18.39. Set a stop at $17.80 which is a hair below the recent low. Below that and downside is not protected at any level. Make sure your stop is "good to close". Target $23.50-$25.00. On 100 shares, the stop puts your max loss around $50. The minimum target is $500 gain. Your potential minimum gain is 10x your risk and a 32% overall gain. If you get stopped, you lost 3%.
I was looking to do a small investment (first) since I'm new to this and really don't fully understand things yet. Looking at KVUE, I set things up as you directed but didn't go through with it in a way to just learn. Example, "good to close," I didn't know what that was until I tinkered around on my Charles Schwab account and finally saw "GTC." I also see where you can enter the dollar amount etc..Heineken-Ashi said:Get away from the meme stocks.Aggie Class of 2026 said:
I'm looking at buying some stocks to hold (months/years)
Thoughts on AMC, $200 worth at $4.50 per
Monday buy KVUE. Currently $18.39. Set a stop at $17.80 which is a hair below the recent low. Below that and downside is not protected at any level. Make sure your stop is "good to close". Target $23.50-$25.00. On 100 shares, the stop puts your max loss around $50. The minimum target is $500 gain. Your potential minimum gain is 10x your risk and a 32% overall gain. If you get stopped, you lost 3%.
Absolutely. It's all about learning and gaining experience.Aggie Class of 2026 said:I was looking to do a small investment (first) since I'm new to this and really don't fully understand things yet. Looking at KVUE, I set things up as you directed but didn't go through with it in a way to just learn. Example, "good to close," I didn't know what that was until I tinkered around on my Charles Schwab account and finally saw "GTC." I also see where you can enter the dollar amount etc..Heineken-Ashi said:Get away from the meme stocks.Aggie Class of 2026 said:
I'm looking at buying some stocks to hold (months/years)
Thoughts on AMC, $200 worth at $4.50 per
Monday buy KVUE. Currently $18.39. Set a stop at $17.80 which is a hair below the recent low. Below that and downside is not protected at any level. Make sure your stop is "good to close". Target $23.50-$25.00. On 100 shares, the stop puts your max loss around $50. The minimum target is $500 gain. Your potential minimum gain is 10x your risk and a 32% overall gain. If you get stopped, you lost 3%.
Does buying stock in the manner you're suggesting make any sense if I only plan on buying 10-15 shares?
Heineken-Ashi said:Absolutely. It's all about learning and gaining experience.Aggie Class of 2026 said:I was looking to do a small investment (first) since I'm new to this and really don't fully understand things yet. Looking at KVUE, I set things up as you directed but didn't go through with it in a way to just learn. Example, "good to close," I didn't know what that was until I tinkered around on my Charles Schwab account and finally saw "GTC." I also see where you can enter the dollar amount etc..Heineken-Ashi said:Get away from the meme stocks.Aggie Class of 2026 said:
I'm looking at buying some stocks to hold (months/years)
Thoughts on AMC, $200 worth at $4.50 per
Monday buy KVUE. Currently $18.39. Set a stop at $17.80 which is a hair below the recent low. Below that and downside is not protected at any level. Make sure your stop is "good to close". Target $23.50-$25.00. On 100 shares, the stop puts your max loss around $50. The minimum target is $500 gain. Your potential minimum gain is 10x your risk and a 32% overall gain. If you get stopped, you lost 3%.
Does buying stock in the manner you're suggesting make any sense if I only plan on buying 10-15 shares?
Just make sure you log every trade.
Ticker, date, entry price, stop level, target level. When you sell, jot down the date and sell price.
This is actually quite complicated, because some targets come more directly and some take time and up and down chop before finally hitting. When I give a minimum target, it's usually a significant pivot level that will cause a selloff. I almost always recommend taking profit on 50-75% of your position at the minimum in case the stock fails from there. You leave "runners" for the max. I'll update along the way if it indeed plays out like I expect and advise on when and where to move stop to. The goal is to get in low and ride the uptrend.Aggie Class of 2026 said:Heineken-Ashi said:Absolutely. It's all about learning and gaining experience.Aggie Class of 2026 said:I was looking to do a small investment (first) since I'm new to this and really don't fully understand things yet. Looking at KVUE, I set things up as you directed but didn't go through with it in a way to just learn. Example, "good to close," I didn't know what that was until I tinkered around on my Charles Schwab account and finally saw "GTC." I also see where you can enter the dollar amount etc..Heineken-Ashi said:Get away from the meme stocks.Aggie Class of 2026 said:
I'm looking at buying some stocks to hold (months/years)
Thoughts on AMC, $200 worth at $4.50 per
Monday buy KVUE. Currently $18.39. Set a stop at $17.80 which is a hair below the recent low. Below that and downside is not protected at any level. Make sure your stop is "good to close". Target $23.50-$25.00. On 100 shares, the stop puts your max loss around $50. The minimum target is $500 gain. Your potential minimum gain is 10x your risk and a 32% overall gain. If you get stopped, you lost 3%.
Does buying stock in the manner you're suggesting make any sense if I only plan on buying 10-15 shares?
Just make sure you log every trade.
Ticker, date, entry price, stop level, target level. When you sell, jot down the date and sell price.
For clarity, I'm supposed to sell at $23.50-$25.00, which could be hours, days or weeks later?
Is that your projection? I'm not holding you to anything. I'm a big boy
Heineken-Ashi said:
And I'm not sure when you started following this thread, but this is important..
Almost everything I outline here is a swing buying opportunity. That means you are buying at what might be a low with goal to sell on the next move up. That next move might be quick and fierce (ULTA last week). It might be a move that takes 6 weeks. And it might be a move that doesn't resolve until late 2025. THe point is to get your money aligned in the bull markets.
As much as I despise Cramer, I have to pimp his saying here..
"There's always a bull market somewhere, my job is to help you find it"
If you buy at key lows with stop levels clearly defined from previous price action that limit your risk, you could lose 10 in a row. But if you hit 1-2 others, the wins should far outpace the limited losses. You will never ever get perfect at nailing bottoms or perfect buy spots. But if you learn to identify great low risk, high reward opportunities, you will win more than you lose. And when you do it enough, the wins will start to stack.
Hey man, HA and others are giving you excellent advice and we all want you and everyone to be successful. No one in our clubhouse are arrogant or condescending, we're the polar opposite of that. Nothing makes HA, me and other experienced traders happier than folks trying something new and avoiding the landmines that we stepped on a long time ago. Welcome to the clubhouse and don't hesitate to ask any questions, there are no dumb questions. In here we are all on the same team, we want everyone to make a lot of money and that gives you more freedom. (Nod to 30K).Aggie Class of 2026 said:
Ok great. Thanks for responding. Monday I'm headed straight to my desktop to read this thread and prepare to buy given the green light is still there
Very good book.would also recommend anyone very long to respect your stops and where you would be happy taking profits. Seasonality suggest we keep running, But there was some very large institutional positioning this week as well. Someone knows something, as they always do. Be smart, but don't be afraid to take profits where you are happy. Massive week ahead with FOMC and CPI on the same day.Maximus_Meridius said:
Are we still recommending John Carter's Mastering the Trade? That book was very helpful for my trading.
ProgN said:
Test
Bocephus said:ProgN said:
Test
You passed
Best thread on TexAgsAggie Class of 2026 said:
Amazing group here.
ProgN said:Best thread on TexAgsAggie Class of 2026 said:
Amazing group here.
I like the R/R. Like every play, it could certainly fail and get stopped. What's your opinion on the chart / company?Quacked said:
Did I hear full port KVUE Monday??