/smg/ Stock Market General

Viva Las Vegas 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

> It's been X days, why isn't my account verified yet?
Not being approved in 3 days seems to be the new norm. Nevertheless, call/email their support if you've been waiting more than that.

> When is it coming to my country?
The only "plans" are on an Australian and Chinese beta. Neither of which has gained much traction.

Interactive Brokers
>$1 commission per 100 shares. $10k minimum to open, $3k if 25 or under. 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

Free in depth charts:
tradingview.com

Premarket Movers:
nasdaq.com/extended-trading/premarket-mostactive.aspx

Earnings Report Calendar:
biz.yahoo.com/research/earncal/today.html

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

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

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Other urls found in this thread:

boards.Jow
youtube.com/watch?v=SN4ai47iNOE
twitter.com/SFWRedditVideos

AMD to 14 or I kill myself

>SJM
>PEP
>KO

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Fuck it, opened up more bond calls. Looks solid, just gotta get out before dividends for TLT

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>99.50

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Will HMNY bottom out to .25 before rising or are we good for moon mission soon?

yeah
FED hasnt even pumped yet. this is just the bond boomers

huge buy orders rolling in on XOP again. this could be a good week on this

What are your thoughts on JD? Will it make another run towards $50 anytime soon or is it fucked?

>EGY
every time I look at it it goes 5% higher

I would really buy into BIDU guys. Easy 7% growth this week. And I feel safe about that. After I get that 7% I’m going to move my money back into either OKTA, SAIL, or combination of Tesla/Facebook/Apple

Also buy SHOP guise!

Pep basically at 100
Begin the apologizing

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It's been getting bogged for two days now, how much further can it go?

EGY is love, EGY is life.

Yeah, that's a pretty big selloff. It'd be a fairly safe 5% swing trade IMO.

How me day trading style works:

You can call me price action trader.
Me look for support / resistance using volume profiles. Also look at orderflow! But can't chart order flow.

>1) Find previous rejection lines
>2)Find failed extension lines
>3)Find HVN / LVNS
>4)Find Key Gaps
>5) Minitor Offers / Bids
>6) isolate key orderflow levels!

Once all of these have been charted trading becomes easy:
Simply buy / sell nearest price action line depending on where open.

My worse days are "inside" days where price bounce between support and rejection.

How to trade my charts:
Easy! Treat charts like Programming If/Then statements

>If price goes above green line, long until next identified price action.

>If price goes below red line, short until next resistance.

Please ask questions if you have, am awful at explaining things, would like to make copy / paste explanation eventually.

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Whenever I get mad at myself for not buying EGY weeks ago when it kept coming up in my screens, I remind myself that I'm a huge pussy and I would have sold it all for a quick 8% gain.

GET the rope ready user

>USO/XOP calls jump up then immediately go back down

Wew lads, I'm on edge. Where we going today?

Interesting advice, thanks!
Can’t think of any questions because I don’t have a resource where I can active chart a graph other than MS Paint. But I essentially do the same thing in my head. My process is more or less like looking for points of support, look to see if EPS is increasing, if company is creating more value for itself, and if it’s unreasonably down.

>3)Find HVN / LVNS

Do you also focus on Points of Control? My explanation in the previous thread (boards.Jow Forums.org/biz/thread/9533046#p9543393) is probably off.

Don't worry, ST has a conservative $30 price estimate by the end of the week.

Here's this week's plan. Everything except the GLD calls were opened this morning.

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dunno, its wild. but theres a lot of buying on both of those right now. makes sense people are taking profits, but if things stay green for a while, they could rock.

its important to remember these crazy swings are WHAT oil does when its ready to move. i dont think its gonna be another consolidation week

How come you're long gold?

the market depth chart on USO is fucking insane right now

(not disagreeing btw, just curious)

It's close enough to the resistance trend line that I had drawn. I figured between $120 and $122 it would reverse. It's more of a gamble than anything so I'm ok to go long this week. Plus the GLDen Knights are winning the cup, so there's no way GLD will let me down.

Bogs are really laying into USO right now

Hmmm
Never heard that term before thanks apparently they on chart...
but cant say was using PoCs!!

You more or less right however >.<
Will study PoCs relationships to HVN / LVNs more

PoC seems to be averaged HVN / LVN....

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its building up its power. ask is stacked

I-Is it too late /smg/?

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go look at the last daily candle before the last gap up on USO. youll see what i mean. oil goes through hell before it jumps. they push it down and accumulate HARD on it, then itll jump. its craziness

common cisco let me break even already.

user from last thread, thanks to you and to the helpful user that gave me a preliminary to this chart.
Trying to wrap my head around your graph, it's beginning to look like a more advanced candlestick chart but I'm still left with questions that may or may not be retarded, mostly due to my lack of experience with options so bear with me:

>1) What do the blue and purple ends mean, are they an indicator for harder resistance points?
>2) In cases where the buy and sell volume cross, that's an indicator to take a large short level, right?
>3) What's that third graph on the bottom?

I'm really thankful for the information that you and have been providing, y'all my niggas and I'm happy to learn this convoluted shit

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I heard Big5 has some climbing rope on sale.

I keep asking myself how much lower BIDU can go and I keep getting my answer

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When you ask, the market answers.

didn't think you put any real thought into your charts, good job. I may start trading with them. If I make any money I'll send you some BTC. Guess I do have a question though, why is your short so low on the chart?

I might need some of that. I'm sitting on OTM BGFV calls.

this is what you get for investing heavily into chinese memes. you have to deal with chinese shitposts

Im with you here, I think its a good bargain right now we are at near 3 year lows

So is this basically a horizontal bar chart?

Well I just had an order for 40 BIDU fill at $240, I'm not sure if that's a good thing or a bad thing.

When did you buy? Floor looks like $230

for volume, yeah
the middle is the major price action and the outside edges are where your buy/sell triggers are

>tfw sold by BGNE bags during the first Chinese shitpost and missed out on a 30% run

Fugg

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did they miss?

Comfy volcano footage to compliment your trading

youtube.com/watch?v=SN4ai47iNOE

I was about to call the police to have them do a welfare check kek. Earnings is a crapshoot for calls.

oil popping off lads

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Right back at last night's prices. From here we go sideways for a bit then either run to up ~72.20 or down to ~71.30.

Thank you for this. I feel like cranking the heat up to 85 degrees and watching this on full screen all day.

Kek
Use TradingView ! It's free, a service like TV would have cost you $1k annually 10 years ago


No question retarded !
>blue / purple low volume areas
>not quite sure what you mean here. If you're talking about the second indicator, that's called ON BALANCE VOLUME ! The cross is arbitrary DESU sempai
>its [rs] rsi divergence candles, thenk of them as Sentiment Index, Green Up means buying pressure is high, light green up means buying pressure weakening

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Fuck AMD. Fuck Su

yea, its making progress right now though, and thats all im looking for. that helps my XOP calls. i knew oil was gonna have some more action this week. i was looking at the charts and it seemed too high, but then i looked at previous oil runs, and this is just how retarded it gets sometimes. i guess saudis are really broke or something

I'm in the same position with calls on USO/XOP. I'm bullish on oil in the long run, but I'm nervous the recent hype around oil prices have caused it to be over bought and I'll get bogged on the correction. This week should be good though. Likely more sanctions on Iran and Venezuela hitting supply side, and US/China backing off from the trade war hitting demand side.

The market is irrational, so it'll moon!! R-right??

Kek
If you would have longed and sold where me chart says you would have already made nice profits today :P

>if I make any money I'll send you some BTC.
*gasps* !!! Really???? Me super poorfag, would love take any BTC
Atleast until have 20k in robinhood
Then me not need yo filthy handouts kek

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Yep, definitely not a good thing, maybe I can dump it at $241 and come away with a small amount of profit before it keeps tanking.

Comfy !
Why did you go against the advice of your trusted smgfags and bet on a chink scam company ?

nah these oil guys are playing the long con here. buying up all the dips. they know where this is headed. the saudis AND opec bith said that oils gonna go up. so oils gonna go up. $70/barrel is small peanuts. they need dat cash. my calls are 89 days out but im only looking for this week for XOP. my USO calls are like a year and a half long so idgaf what it does in the meantime

at some point it will
i say the markets malicious though, and itll wait for the calls to expire

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I'm still up over 30% on my AMD shares, what did you buy at?

You AMDfags never learn

Pavlov was wrong.

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Ah. Her (his) autism makes more sense now.

STOP SELLING

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Why do Stocks go down.

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Bought in at the very end of Friday. Since it flatlined the whole day after it’s initial decline I figured there’s support kek

Confident that as long as I hold it will go back up. Just think it’s funny I didn’t make my “easy” 4% like I thought I would

The fuck happened?!?! I went to take a shit and came back and VTI was down .40! I'm going to hold my HPE puts, but actually holding stock is for the birds.

TradingView, whoa nice. Thanks Reluctantkneepadgirl-sama!

Which reminds me, short HPE everyone that's the play.

>“easy” 4%
i wish it was that easy

because selling

Every keeps going down! Where's the goddamn support?!

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checked
but why tho?

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I know fuck right,

Fucking Boomers

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>Bought lmao1 share of GUSH when it was up 44%, didn't want to take a larger position in case I was buying at the top
>Up another 38% since then

God damn why didn't I gamble harder

oil n bonds or ur gon git bogged

You guys seeing that Solid Candle on the Daily?

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Because they are a turd. All of their competition is better than them. Even if they beat they will most likely tank. Balance sheet and income statement don't look horrible but the guidance doesn't look great. My last play was AMAT and it looks quite similar to this. ER isn't until tomorrow after hours though.

$SNES

Do I panic sell or hold? I want to go shoot up meth at this point.
If I sell it will go up, if I don't it'll go down.
Fuck

What about GLD? Does the bogging ever stop?

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Let's be serious comfy, what would be the point in selling them now? Might as well hold them and pray. As far as meth goes, baggie might be able to hook you up.

I wish I had some advice for you. You seem like a nice user and I hope things work out.

Oh never mind you're talking about oil

You don't want meth right now, you want booze and oxys.

Gold hit bottom, looks to be reversing. Metals are a smart play

cool im gonna look into it
think this weeks gonna be a down week anyways, so thatll help

if theyre down 80% just HODL and think about what youve done

idk
ive been trying to watch treasuries and inflation and the dollar etc and compare the three, but i cant make any sense of whats going on right now. dollar keeps crushing, and nothing is really behaving the way it normally does in relation to each other. bonds look like theyre gonna get pumped though for sure

EGY is treating me really well right now

>Really?
no, probably not lol.

Good trade though.

this is correct

oh fug, why did I sell UAVS

If anybody needs some background entertainment on a rather slow /smg/ day. Check out ALT's ST page, I can feel the hope leaving that page and i'm absorbing all of it. So many people were conned.

Yeah
After refusing to cut losses, there is no reason to sell
Baghold it, and reflect on your sins

t. REGN and GILD bagholder

I stopped using Ustocktrade when they introduced T+3 trading, I got an email a while back saying they fucked up but I just never bothered, is it back to the old style of trading?

good.. let all them leave. Its very obvious someone is trying to scoop up shares, the company is doing better than people thought and the float and the outstanding share count is being reduced.. someone is buying these shares up and shaking out scared hands

>attempt to place buy for $2.85
>type .285 by mistake
>moons before I realized it.

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Comfy, are you upset about selling bags that will cost you $300 dollars? On Friday, the bags I was holding cost me nearly $1000 USD. Get out while you can and learn from your mistakes.

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