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Apr 12 2021 08:09pm
Quote (BlemBlem @ Apr 12 2021 07:57pm)
I got in late with doge but have made 5-15% gains on it several times... just so many coins exist I’m shocked it’s at high as it is tbh I just keep buying and selling because I don’t have faith in it... I like to gamble and it gets lots of hype is the only reason I ever bother with it...Tesla even with the hit it took my average buy in is $383 so I’m doing well with it and I have faith in future growth


After seeing a couple of friends tax documents after they did day trading for about 6 months i said hell no with that. I have only sold out of 1 position since i started. That was Nikola. Besides Tesla and Doge im in 6 other positions currently. I want to be considered long term before i sell any of my big gain stocks so i can pay less taxes.
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Apr 12 2021 08:20pm
Quote (EIvis @ Apr 12 2021 10:09pm)
After seeing a couple of friends tax documents after they did day trading for about 6 months i said hell no with that. I have only sold out of 1 position since i started. That was Nikola. Besides Tesla and Doge im in 6 other positions currently. I want to be considered long term before i sell any of my big gain stocks so i can pay less taxes.



If they are paying high taxes then they are making good money so it shouldn’t matter as long as they don’t take to much loses... i haven't took any loses i just average down till they green I usually take smaller position at first..your missing out on a lot of scalping cash by being afraid to pay taxes especially how the market is right now... so many people losing most of their 2020 gains because they are holding lol sell high buy on dips because after every good run it will gap down... leaving a lot of money on the table imo
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Apr 12 2021 08:47pm
Quote (BlemBlem @ Apr 12 2021 08:20pm)
If they are paying high taxes then they are making good money so it shouldn’t matter as long as they don’t take to much loses... i haven't took any loses i just average down till they green I usually take smaller position at first..your missing out on a lot of scalping cash by being afraid to pay taxes especially how the market is right now... so many people losing most of their 2020 gains because they are holding lol sell high buy on dips because after every good run it will gap down... leaving a lot of money on the table imo


Maybe i will give it a shot. Do you have any favorites you watch consistently for the quick turns?
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Apr 12 2021 09:24pm
Quote (EIvis @ Apr 12 2021 10:47pm)
Maybe i will give it a shot. Do you have any favorites you watch consistently for the quick turns?



Bngo nio uec eyes ears ocgn some that I did well with recently also ctrm and zom but here lately they have been going down a lot... I like stocks that are up and down a lot kind of riskier, but I take a smaller position at first that way I can average down heavier when they decline... tirx was my top pick for today and I also think it will be a good premarket runner if you have some settled funds to play around with I’m waking up early for that one... market has been kind of shit lately so I only buy these stocks when they are already down 5-10% for the day
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Apr 12 2021 10:07pm
Quote (BlemBlem @ Apr 12 2021 09:24pm)
Bngo nio uec eyes ears ocgn some that I did well with recently also ctrm and zom but here lately they have been going down a lot... I like stocks that are up and down a lot kind of riskier, but I take a smaller position at first that way I can average down heavier when they decline... tirx was my top pick for today and I also think it will be a good premarket runner if you have some settled funds to play around with I’m waking up early for that one... market has been kind of shit lately so I only buy these stocks when they are already down 5-10% for the day


Wow. Tirx got killed today. What was the reason for that. I was looking at fgen and rlx. Your opinion?
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Apr 15 2021 03:49am
Quote (EIvis @ Apr 13 2021 12:07am)
Wow. Tirx got killed today. What was the reason for that. I was looking at fgen and rlx. Your opinion?



Not sure not familiar with stock I just scalping on the technicals I think it will be green today tho we shall see
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Apr 15 2021 05:06am
Might try running regressions on the historical data. Lot of easy portfolio optimization tooling built within excel, and yahoo finance has the csvs.
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Apr 15 2021 05:57am
If you don't hold Tesla for the next 50 years, you are a clown.
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Apr 15 2021 08:35am
Quote (S3th @ Apr 15 2021 05:57am)
If you don't hold Tesla for the next 50 years, you are a clown.


Jeez. 50 years. That's quite a long term investment
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Apr 15 2021 08:50am
Just don’t become like the boomers that get excited when their portfolio makes a 5% gain in a year on the safest low risk stocks possible

This post was edited by KRR on Apr 15 2021 09:04am
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