Plainview's Stock Trading Thread...

FINALLY sold GE also. It had a nice jump yesterday, but I decided to hold on. Jumped today and sold. $559.70/4.25% net profit. Now, I can play around again! Sucks being locked in for so long, but, it happens.

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Bought Ford on Friday. I have a LOT in AIG that I'm holding onto, and it's currently down, up OK today, but I don't sell for a loss, but decided to buy Ford as it looked ripe for a purchase. Sold it today for a $209.85/3.14% profit.

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Got out from under AIG with no profit. Was up for about .5% profit a few days ago, but held onto it. It went up today to my purchase price and sold it.
 
Soooo, I may have some monies set aside, hearing things that Apple and Tesla will be splitting stocks this Monday. What can I do to buy if I’ve never done this before?
 
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Soooo, I may have some monies set aside, hearing things that Apple and Tesla will be splitting stocks this Monday. What can I do to buy if I’ve never done this before?

I'd do a lot of research before doing anything haha, these companies prices are just riding and rising, they could just keep going or the bubble could burst, it's hard to tell, they will probably go up before going down.
 
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I'd do a lot of research before doing anything haha, these companies prices are just riding and rising, they could just keep going or the bubble could burst, it's hard to tell, they will probably go up before going down.

Yee....I’m ok in playing the long game, not really looking to flip a quick buck. That and I need a reason not to buy a new tv :p
 
Apple is probably just about as low risk easy to long as can be had for a stock. Unless something drastically changes it can be left alone. Its 125 after the split, so even if it goes down about it probably won't dip past 100 and it will just come back.

Tesla is crazy because you think it can't keep going up and it does but the last week or so it went up a lot cause of the split so it may go down a little, we'll see tomorrow or it may shoot up lol 🤷‍♂️.
 
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Tesla looks like its going right back to 1500 by the end of sep or sooner lol.
 
I see it's already up 10%. If I didn't fear it collapsing by all the dude bro traders dumping it, I'd jump in. It's so idiotic, but people are getting rich.

Yea. if battery day goes well its going to go even more nuts. I only had enough free for 1 at the moment im just going to long it anyway.
 
Frick I shoulda woken up earlier lol
Tesla is just way too dangerous to get into unless you're ok with losing half of what you put in. I may buy 10 of it and let it sit and see if it hits 25%, but even that $1000 isn't worth the risk of that $4000 becoming $2000. It can just as easily collapse than have another fabricated jump. It's why I stayed away from Wayfair. I had it at $160. Sold for a nice profit, bit it has no business being worth nearly $400. It's dropping pretty well now. I wouldn't touch that stock when it was $250. It made no sense for it to be that high.
 
I'm wondering about doing this on a mobile device. It looks like there's a Charles Schwab mobile Android App.

My work schedule is brutal and I never get around to look into this on the weekend because I'm wiped out, but maybe I could look at stocks periodically during my work shift.
 
I'm wondering about doing this on a mobile device. It looks like there's a Charles Schwab mobile Android App.

My work schedule is brutal and I never get around to look into this on the weekend because I'm wiped out, but maybe I could look at stocks periodically during my work shift.
It can be done by the Schwab app, but the analytics aren’t real-time. I don’t remember how Robinhood’s is.
 
Robinhood standard on mobile only has line charts and candlesticks. Web has MACD, RSI and I think a couple others. I don't know what the gold account offers. Can't say I recommend Robinhood as it has some issues to work out.

Videodrome depending on what you're trying to do will make it easy or hard to do trades around your schedule. I've been screwed by my busy work schedule more than a few times but thats with trying to do quick turnaroud on trades.

If you're trying to long that should be easy enough. For example here is Apple during the economic crisis a decade ago. This is average adjusted close for those years.

2007: 3.95
2008: 4.38
2009: 4.53
2010: 8.01
2011: 11.23
2012: 17.81

in fact in the last 20 years its only avg adjusted close has been down year over year for
2015: 27.62
2016: 24.56

And currently for 2020 its 83.41. So you can long a low risk stock like Apple and be fine over time. Just depends on what you're trying to do.

Also for example MS during the same time frame
2007: 22.66
2008: 20.11
2009: 17.77
2010: 21.03
2012: 24.73

2020: 182.17

so MS dipped but rebounded. so stocks that are more recession resistent that you plan to long can work with a crazy schedule.

If you plan on buying and selling on a regular basis that will be hard as i've found out. Thats how i learned the hard way i should have started with stocks like these to mitigate risk early.