/smg/ - Chad edition

George edition

>I'm new to the stock market, what stocks should I buy?
Before you buy anything, make a brokerage account and read investopedia articles and/or the books in the OP list. If you don't have a broker, you can't buy stocks, and if you blindly buy things without understanding how the stock market works or doing any research on the individual stocks you're buying, you will lose money and it will be entirely your fault.

List of popular brokers:
pastebin.com/mrSchZPg

List of basic stock market terminology for newfags:
pastebin.com/VtnpN5iJ

Real-time market news:
thefly.com/index.php

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

Free in depth technical analysis charts:
tradingview.com

Premarket Data:
pastebin.com/y9PRQLR3

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

Suggested books:
pastebin.com/jgA5zTuC

Previous thread

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Other urls found in this thread:

en.wikipedia.org/wiki/Human_reproduction
boj.or.jp/en/finsys/spp/index.htm/
twitter.com/NSFWRedditVideo

Whats the plan guys? Anyone have the historical data for 2008? What are the biggest losers during a depression start?

>Why wouldn't it work like that?

Because even if your win percentage is less than 50%, a successful trader will profit far more on a winning trade than he will lose on a losing trading.

Selling all TQQQ at 8:59 am and buying SQQQ. everyone else on board too?

>t-thanks for the cheapies

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We are not in 2008 mode. No catalyst. Fed shitpost? Bonds? Nope. Not enough. Buy the dip.

Long way to the bottom anons sell the rips and do not buy the dips unless you’re a chad trader

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Then what defines a successful trader? Is actively trading during the day 'involved' to the extent you can tell what'll give wins with good probability? If so, how do you figure out what gives wins? Knowledge, experience?

Wow, you're really new to the concept of stock trading, huh? You research companies to see if they have growth potential, you look at the charts and extrapolate likely and unlikely future price movements, buy and sell accordingly. A day trader will typically be using charts for 98% of trade decisions, the remaining 2% devoted to cursory checks to see if the company they're about to trade isn't in imminent danger of bankruptcy.

Research trading and investment styles and strategies.

i would be his super depressed son hiding his face toward the left, there

Fuck gold
Fuck silver
We going all the way back to bronze

Imagine being one of the boys NOT wearing a plaid shirt. Look at him. Look at him and laugh.

>pic

God, I wish I were a Mormon.

I'm new to the world of finances in general. I get looking at companies to determine what you'd want to hold long term, but I don't understand how you'd extrapolate what would cause day to day ebbs and flows for a given company besides keeping up to date with news.

Like, does the day trader see a good report from Apple and think, 'they'll rise for the next few hours, let's buy some right now' and then make a profit out of quickly buying before it get the rest of the gain's it makes in the wake of the good news? If it was as simple and that, wouldn't you just want to go hard in on whatever's gonna rise the most in the day and then sell before the bell closes?

I'd probably benefit from watching someone do it in real time.

anyone else buy DAL puts?

The fucking American government killed our polygamy
Now only Chad splinter groups in southern Utah are based

PCI comes out tomorrow wonder what expectations are

Technical analysis. TA for short. Lots of ways to determine probability of share price movement. As for news, usually you want to be holding something before the news release comes out in order to profit the most from the spike in share price. Often it goes like, rumors spread that company is in talks with some other company over some big partnership deal, you buy, wait for news release. Then use TA to give you an idea of where the best time to sell and realize profit from the trade. This is more of a swing trading technique. "buy the rumor, sell the news."

Typical analysis is out the window as interest rates aren't low enough to restart QE so if this is the big one (I don't think it is though) it's going to be a brave new world.

biggest losers are always financial institutions, I'd always try to scoop up on the cheap, bloated tech and energy are next and then construction and industrials, everything after that is a mixed bag, I'd say watch who is leveraged to the tits and vulture up.

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There are a bunch of quarterly earnings reports coming out this week and next. I expect those to meet or exceed expectations. Buyers will return in reaction to the numbers that show the economy is fine, the market will be fine, therefore buy buy buy.

So a day trader worth his salt will do enough TA to be able to make a profit. Makes sense. For me I suppose the question becomes whether or not it's worth trying to play around with day trading when I already have a Vanguard index fund. I'm assuming if I tried maybe I could make more than I would doing nothing, but it seems like it would be a larger commitment than I could give as of now.

They could do fed share buying.

real shit?

Agreed, if there are still dips on positive earnings reports then I think the bull market is effectively coming to a close and if everything is stable on positive earnings then I think there is still gas in the market, but there is a chance that rate increases will pullback gains regardless leading to what looks like a flat lining aggregate.

Hmmm, I've heard of this before... has this been tried? I'm curious to see what it looks like in practice.

They did it in 2008. IIRC the Canadian government owned most of the US car companies at some point, and the Fed owned large stakes in a lot of businesses.

possible. That's fine with me. Flat-ish on the indices allows speculative shit that I trade to moon and tank without worry about market correlation issues.

>astronomically high stock, bond, real estate prices
>cheapest leverage in recorded history
>gorillions of foreigners depressing employment and wages
>a generation of disenfranchised college-educated socialists working as baristas
No catalysts here

None of those things is at boiling point yet. Not enough blood flowing in the streets.

Nasdaq +3% tomorrow

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story behind the picture?

en.wikipedia.org/wiki/Human_reproduction

what kind of idiots are you, fed buying stocks...

boj.or.jp/en/finsys/spp/index.htm/

that's the bank of japan you tard, and that's because japans monetary policy has been the stuff of legends

I'm saying it's an option the Fed can use if it runs out of other options.

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not in the US, and you don't need any other options when you can "print" your own money....

The BoJ can also print its own money, and congress can give the fed buyback power.

the fed doesn't need anything from anyone, especially congress, that's why Rand Paul wants to audit them so badly, so many smoke and mirrors.... i'm telling you the japs do things differently than any other developed nation...

Because they had a deeper crisis than the others. If we have a crisis like they did, we can do the same.

ok

AAPL goes sub 200 tomorrow.

TQQQ drops another ~15%

My body is ready.

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[urge to liquidate my portfolio intensifies]

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I am genuinely excited to wake up tomorrow. It feels like being a little kid waiting for Christmas morning.

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It will be chaos.

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Is it weird that I feel literally nothing while my money vanishes into the ethereal plane?

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the way this is going, futs will be green in the morning, asia covering

Lads what app are they using? Is that available for Android?

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lol, asia covering at the close, market will be green in the morning..... you kids got your tree shook

How does margin work when writing options? Is a negative liablility counted against your collateral or buying power?

your collateral is your buying power, you putting up 25k somewhere?

If interest rates were raised how come bonds are falling?? what the fuck

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a margin call is defined by whoever loaned you the money, different for every firm....if you put up 25 and they loaned you 25, if you lose 25, they are calling in their 25, hence margin call.

>guys I’m just pretending to be retarded and I didn’t take economics 101

Well by my definition, collateral = cash, buying power = 3x max margin. So lets say I have $100k in cash, with my brokerage I would get $300k in "buying power."

What I don't get is if my option goes negative does it count against my cash position or buying power.

some people view them as a safe haven

>this is who you share a board with

lol, you show me what firm gives you 3x on margin, and i'll open an account there

Thought that was standard. Questrade does.

The value of an asset is equal to the expected value of it's discounted cash flows

Each exchange-listed security has its own margin requirement. To check the rate for securities, log in to your trading platform, go to Level 1 and look for Long MR for long requirement position or Short MR for short positions.

They tell you what you can and can't buy and with what percentage you're allowed, that's not a true margin account....

God .... today was too brutal

sp futs down 8, you watch it'll be green in the morning, and depending on CPI, Feds might have front ran the CPI number, those fckers

sp futs down 5, asia covering hard before european open

nasdaq futs just wen't green, LOL

europes buying

if it stays like this for the next hour, night owl future traders will buy it back up, easy

Imagine being cucked enough to pay brokerage fees. IDC if robinhood sells my data, better than them fisting me in the wallet

wtf are you talking about?

3x is minimum. Usually you can extend yourself for far more given their calculations.

How do you define a true margin account?

that's cut and pasted from their site, 3x is not minimum, you better read more if that is where you're going to do business, took me 5 minutes to find that.

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Is this what war feels like?
When it dropped in power minute today, it felt like a bullet hit my rib

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yea that's a naked option, some firms don't even let you trade naked options

do you know what a naked option is?

selling an uncovered call or put.

well mine does, so for selling a naked put it's same margin as owning the underlying, so roughly 3x.

why would that be 3x, vix determines the option price, so it's the price of the option, depending on duration and the price of the underlying definitely not 3x.

It's amazing how these uber successful polygamists are never the hot looking Chads you would expect, but rather fat middle aged men who look like their big hobby is fishing

Oh bogs please save us.
-1% so far today.

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I feel like this has gotten off based. It's the underlying value of the option if assigned at strike for buying power.

$100k cash would allow you to own $300k of a stock using margin.

$100k cash would allow you to sell $300k "worth" of naked put options of the assigned value, not option value.

no

First is Robinhood
Second, I think, is M1 Finance

these aged well

Do you guys think Buffett-sama has panicked sold or is waiting before using his gigantic pile of cash to save the markets ?

-5% and counting.
I feel the rape.
-25% from ath this year.

4-5% decline isn't enough for him to save the market, 2008 was when he really showed his cash pile, i think he loaned Goldman money and took up some huge positions in other equities, Wells Fargo i think was one.

I'm -10% from ATH, mostly holding cars bags (Valeo)

As of March 2017, 65% of Berkshire's equity securities were concentrated in five companies: American Express Company ($12.0 billion), Apple Inc. ($19.2 billion), The Coca-Cola Company ($17.0 billion), International Business Machines Corporation ("IBM") ($11.2 billion), and Wells Fargo & Company ($27.8 billion).[73] After a selloff of IBM stock in February 2018,[74] on May 4, 2018, Buffett announced that Berkshire had completely sold its stake in IBM, and purchased more of Apple.[

zawa zawaaa

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I'm jumping ship , godspeed to the captain.

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If he was Muslim, he would not have been charged.
But Jews do not want whites reproducing.

I think Buffett-sama's gigantic money dick is still barely erect
Also, it is incredible how concentrated his Berkshire's portfolio is. I think he advocates diversification if you don't know a think about what makes a company good

Do we have some us oil experts? Looking at RSI it seems to me USO is about to go up so it looks reasonable to me to close at least profit leg cuz I doubt it’s gonna go lower but then again Michael hurricane is affecting oil ouput so shouldn’t it help my position ?

Forgot to attach pic

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What to do what to do. Guess I'll hold and pray

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Nothing is loss, everything can be averaged

I sold my BABA because I had a lack of cash to keep buying more as it went down. I bought ATVI and got bogged. And bought MCD. Got bogged. zawa
this guy gets it

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Is this the big one yet?

>portfolio nothing but UVXY
I fuck the market. I make it cum.

yep

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