Day trading is risky in any situation, but now especially more. I would go with gld, should be safe especially if all this plays out like we hope it will
It’s a straight up stock purchase. Buy and then sell when you want.
You may make money. You may lose money.
What the retards in the other thread are not understanding is that IF their mathematically moronic plan actually works then that means big players are having to liquidate other holdings Which will drive the market down overall which will drive GameStop down as well.
Stick with straight stock purchases on long-term stocks.
I know lots of people that play this game and when it's doing shit like it is now, it's a complete crapshoot. Hell, even the billionaire hedge funds don't know what the hell is going on.
If one has enough $$$ (hedge funds) on an isolated stock, then they can literally 'move the market'. So, 1 fund with $10 billion and a strategy can beat 5 million people with $1,000 each and some get scared and bail strategy in the middle.
I think it is good that with AMC and GME they are getting a taste of their own medicine, but, I also think there is some behind the scenes $$$ helping both of them. It would need to be someone with lots of $$$ and knowingly hates the hedge funds and financiers. If it is who I think it is, I am happy! Haha.
So, hedge funds hand retail their ass for 20+ years, week in and week out. Then over the span of a few months retail (with the help of a few billionaires, don't be fooled) hands hedge funds their ass, and you think retail is now magically winning???
BWAHAHAHA! If you play football and the score is 56-0 going into the fourth quarter, just because the team with 0 scores two touchdowns in the fourth quarter does not mean they win. Maybe step back from trees so you can see the forest.
Even if you have a few million you are a fucking crumb compared to who you think you are playing the game against.
I am up 50% on my entire stock portfolio this year playing the long game, I am completely fine with that. TSLA, NVDA and TDOC were good multi-year plays for me as well, I got in on all of them in 2019, before the COVID crunch.
If the option chain updates on AMC you can grab some far out of the money options but right now I wouldn't bother with it.
TLT could be interesting though. If the market gets shaken too hard they'll move their money from stocks to bonds and TLT will pop
Day trading is risky in any situation, but now especially more. I would go with gld, should be safe especially if all this plays out like we hope it will
where is a good place to buy some?
do you recommend goldbacks by any chance?
Apmex
A little late to the party on this one or AMC.
It sure can, good luck!
follow the hot posts. https://www.reddit.com/r/wallstreetbets/hot/
It’s a straight up stock purchase. Buy and then sell when you want.
You may make money. You may lose money.
What the retards in the other thread are not understanding is that IF their mathematically moronic plan actually works then that means big players are having to liquidate other holdings Which will drive the market down overall which will drive GameStop down as well.
Either way the little guy will end up losing.
RULE: If you're a pleb and heard about something, never buy it. You're the sucker.,
With your question - don't do it.
Stick with straight stock purchases on long-term stocks.
I know lots of people that play this game and when it's doing shit like it is now, it's a complete crapshoot. Hell, even the billionaire hedge funds don't know what the hell is going on.
If one has enough $$$ (hedge funds) on an isolated stock, then they can literally 'move the market'. So, 1 fund with $10 billion and a strategy can beat 5 million people with $1,000 each and some get scared and bail strategy in the middle.
I think it is good that with AMC and GME they are getting a taste of their own medicine, but, I also think there is some behind the scenes $$$ helping both of them. It would need to be someone with lots of $$$ and knowingly hates the hedge funds and financiers. If it is who I think it is, I am happy! Haha.
So, hedge funds hand retail their ass for 20+ years, week in and week out. Then over the span of a few months retail (with the help of a few billionaires, don't be fooled) hands hedge funds their ass, and you think retail is now magically winning???
BWAHAHAHA! If you play football and the score is 56-0 going into the fourth quarter, just because the team with 0 scores two touchdowns in the fourth quarter does not mean they win. Maybe step back from trees so you can see the forest.
Take your 'gamblers brain' and move on.
Even if you have a few million you are a fucking crumb compared to who you think you are playing the game against.
I am up 50% on my entire stock portfolio this year playing the long game, I am completely fine with that. TSLA, NVDA and TDOC were good multi-year plays for me as well, I got in on all of them in 2019, before the COVID crunch.
You don’t need insider informations to know GameStop is a good company to short sell. Any idiot can figure that out.