/smg/ - Stock Market General

What the fuck is happening edition

Popular brokers for stock trading:

Robinhood
>Commission free and no minimum to open
robinhood.com

>How is it free?
Robinhood earns revenue by collecting interest on cash/securities and fees from their Robinhood Gold service

Interactive Brokers
>$0.005/share, $1 minimum. Lowest margin interest. Free API access
interactivebrokers.com

TD Ameritade
>$6.95 commission per trade. No minimum to open. Fantastic data/charting through their free ThinkorSwim service
tdameritrade.com

Degiro (Cheap broker for Europeans)
degiro.eu

Educational sites:
investopedia.com/
khanacademy.org/economics-finance-domain

Free in depth charts:
tradingview.com

Premarket Data:
nasdaq.com/extended-trading/premarket-mostactive.aspx
money.cnn.com/data/premarket/
cnbc.com/pre-markets/

Earnings Report Calendars:
biz.yahoo.com/research/earncal/today.html
earningswhispers.com/calendar

Biopharma Catalyst Calendar:
biopharmcatalyst.com/

Pump and Dump Advertising:
stocktwits.com

S&P 500 VIX Futures (For SVXY/UVXY, higher is better for UVXY, lower is better for SVXY)
investing.com/indices/us-spx-vix-futures

CNBC Live:
livenewson.com/american/cnbc-america.html
Fox Business Live:
livenewson.com/business/fox-business-network-fbn.html
Bloomberg Live:
livenewson.com/american/bloomberg-television-business.html

Basic rundown on options:
youtube.com/watch?v=TBAQtjyqNHw
youtube.com/watch?v=SuTTzfa4ePE

Previous thread:

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first fuck the free world

first for SEAS

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>Enemies of the free world

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First for uhhh
SPY still not break 280 yet

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Daily reminder that these threads have been
ruined by dumb weabs and larping tripfags who don't know how to trade

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PAMP IT

>he fell for the bear market meme

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Fucking ALT is on crack. This thing is mooning.

You will NEVER break even
rah rah rah

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>tfw No retarded GF who tries her best and fails anyways but never gives up.

blood. BLOOD. BLUUUUUUUUUUUUUUD.

Cheap shares available today on lots of stuff. Weed sector has been pissing me off with the low volatility lately. Only reason I trade the dude weed is the volatility. I need the swings or my trading strategy is for shit.

Thought about EMH knife catch again this morning. Declined again. Something is going on with that stock and it's not just a garden variety short attack. Bad juju. Not touching.

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Yes, so back to old thread. There are no PDT rules on futures, its traded 23 hours a day. Commissions are super cheap and leverage is good. Taxes are flat 60/40 and there are no options greek bullshit.

Cons are that your gain/loss are realized daily, and as such there are generally larger margin requirements.

sure am glad i bought a thousand.

ALT just broke 50 SMA

Did the algos find this shit and start pumping?

Holy fuck.

ALT

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>tfw only 500 @ $.42 average
I don’t even know what to set my limit sell to

Weebs gassed when?

I was gonna go for .6 but now idk

aaaaaaaand right back down
fucking ALT

LOL
anyone see that fuck huge dump on ALT?
i think someone has to cover lol. poor guy must be sweating bullets that its taking off rn

BUY CISCO RIGHT NOW

that was desperate as fuck my dude.
this is literally shorts last stand

These sell offs are getting devoured no worries mate

CSCOs ERs are such a fucking crapshoot lad
fuck that

oh im not
this is moving bigtime, and SOON

Poor souls that shorted ALT. They got fucking JUST'D today.

ALT

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maybe if they opened their shorts literally yesterday but even people who shorted as little as a month ago are still in the green

i think these are guys whove been in for a while. especially judging on how they keep dumping a million or so shares at a time. theyre trying to get their two scoops.

the good news is that these bid smashes are hardly keeping it down. the buy pressure is outweighing the overwhelming short pressure

FUCKING WHEAT
DRUS
ALT

ABANDON THE MARKET
LONG MEMES
SHORT EVERYTHING ELSE

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also, for continuities sake
the 5min rkg penis index has been performing quite well today. called the reversal of junk bonds, SPY and QQQ

i sold 1000 short of each at first sign, and then doubled in for another 1000 of each on confirmation
the drawdown was pretty negligible, but im gonna adjust this a little more so that theres less false signals near the 0 line

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cisco just got amazoned
sell at 42

im never touching it again desu
that shit fucked me so hard last ER
i got my bear plays in anyways, so i dont need anymore rn. long bonds and VIX

Faggot stop fucking up the op you stupid nigger

srsly tho
wheat is looking good rn
/ZW futures finally got back up into the channel they were in before the tradewar FUD hit

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Futures and Forex 24/7 markets?

be nice to Grim

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>spy still can't break 280

we going bear soon

I'm gonna hold tvix over the weekend

Is this a awful idea?

what is wrong with it

holding TVIX itself is almost always a bad idea

i AM long vol tho
buy month out VIX calls. theyre cheap today

wtf JPM?

I'm gonna too

It's not advised, but I think we're in for some shit next week

I have about $2K in it

seriously nigga, buy ONE VIX call instead of holding TVIX desu senpai

your cost basis is much lower, your rate of return is higher, and your loss is capped at what you spend on the premium.
dont listen to the retards that say VIX is going to 9 during ER season. it obviously wont

yeah i dumped that bitch

i'm sure it'll pump before closing, and after-hours

>LCI

top kek

yet another great call you stupid faggots

T_T
one day all me hard work will pay off and ship will come in, not worried at all!

Am
Master of breaking even
It just turning profit hard part

Common doesn't it worry you just small but that spy has failed break 5 separate days, and 4 times today alone?

>Cisco one of only two stocks me own
Screw Amazon ;_;
Why can't they let Cisco hold the switch market.;_;

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>mfw SPY

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My average cost is 14.49 i'm getting dangerously close to bagholder territory but was planning to hold it long term anyway. Funny thing is I was bagholding ALT and now i've turned a large profit on that. So the big 5 cycle continues.

>mfw all these faggots bought ALT without knowing any basic facts about it

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>doesnt it wor_
No
>but_
No. Because I know where its heading EOY

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>i bought a stock on someone elses advice w out looking into it
>and can you believe it? it went DOWN
>i was told it was going to go up
>i was lied to
>better whine on /smg/ about it
>tfw

i assume youre probably mostly underwater by now
i say hold it m8, shit is definitely not looking good for next week. junk bonds did the same thing as last time
whats expiry?

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I know nothing about it and made 18% profit. No complaints from me.

doesnt matter too much when you got a squeeze set up like this tho. it closing above that trend is gonna be pretty huge. wouldnt surprise me if we saw them covering into close

>Am
>Master of breaking even
>It just turning profit hard part
if you had just bought and held SPY you'd be up 10% by now, you know

I still have 10 days, I think I can break even and maybe walk away with a few shekels

/smg/ short squeezes are the biggest memes on the planet

You beat the odds, congratulations

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I'm on RH like a pleb. What broker has VIX options and low/no commissions?

Expecting a long apology this podcast for what you said about the DOW last week

Use a vix ETN on robinhood

Jelly tripfag with a shit post yep sounds about right, kys faggot

Been bagholding, watching and researching this ticker since PIP so fugg off mate

>I still have 10 days,
shits going down monday
i wouldnt worry
i also have a deep OTM put on SPY rn. bought it with some of my scalping wins the other day, so im holding it till its nothing, or something

>/smg/ short squeezes are the biggest memes on the planet
comfy, watch the depth chart. youll see the difference. shorts are VERY worried right now and it shows. thats why they keep whacking the bid a million shares at a time

I hope you bought your hats

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Considering jumping in sqqq but leery of earnings season. Thoughts?

I know you have a dislike for ALT so i'll ignore the smuggies.

S-shut up, the d-dow is broken
No u, st00pid faggot. Have fun when ALT gets delisted. Big 5 doesn't even hold it anymore

no dont use VIX ETNs cuz they always go down due to their holdings being worthless options contracts

i used to think i couldnt trade VIX directly either. try putting a "$" in front of it like
>$VIX
that worked for me

2800
2900
3000

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Looks like a Friday Power Hour.
RIP Gomfy and RKG may you have better luck on your next positions.

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motherfucking POWER hour

Wew lad glad I checked this thread when I did didn’t have a stop loss set, never doing that again. Got out at 13.85 instead of 14.00 but still made profit

hehe bought 124 shares of ALT post moon, AMA

you holdin over the weekend breh

Anyone not holding over the weekend is allergic to making money.

>post moon
?
m8 it hasnt mooned yet.
those shorts still need to cover

>post moon
which date was the moon, again?

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if we can pump it and close convincingly above 2800 we could get to potentially 3200 or so before the crash on momentum. if not, 2800 is where the bear begins

problem with Forex & Futures is how extremely risky they are
day trading stocks relative safe unless using margin
Also if you using the SPXL vs SPXS hedging method of daytrading you bypassing taxes AND pattern daytrader

have wiped out 2 accounts trying 2 learn forex, am agreeing that Forex godlier daytrading but it extremely hard & painful learn

alright DRUS
lets close out the day on a high.
make those shorts sweat

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I make really bad trades that lose piles of money just to post on reddit for the attention. AMA

Let the shit talking begin lads.

BTFO

>SPXL vs SPXS hedging method of daytrading
Which is?

You're right, I'm sorry :(

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Fuck it I'm hodling

He is right though, have any of your options contracts actually been profitable?

ALRIGHT FAGGOTS

WHO ELSE IS SHORT NETFLIX WITH ME THROUGH THE WEEKEND

NFLX BEARS REPORT IN

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dont let those niggers talk to you like that comf

My UVXY contracts made me $1000 back in the volpocolypse! Now I'm trying to replicate that

if we close below 2800 you might not be a retard

sold puts today. no postion for er as it tends to pump. i can only hope it pumps up to 500 post er so it can be my short of the century

>ALT REICH

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kek apparently foolish question

you guys under mistaken impression that am not longing ever.... me plans 4 day have longs in them for raisin

its just am very short biased, and am longterm holding 25% SPXU

what rekt me was buying BTC on RH kek

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Guys they're going to impeach Trump, get out of the market we're going down!

>russians getting arrested
literally nothing to do with Trump besides the based DOJ finally cracking down on marxist cultural subversion plots

It's a friday and trump is on TV parading around

>Guys they're going to impeach Trump
lol
how many attempts has it been this year?

tho i do hope SOMEONE is stupid enough to fall for it. id love to collect on my VIX plays

In the OP it says Degiro (for Europoors), one user mentioned Saxo Bank some threads before. Opinions which I should prefer? Both look interesting so far, but I've not practical experience with either one.

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try early in the morning (EST), like right before US markets open, or late at night. theres more euros on then