Well now everything’s back up and I’m sitting on 18 puts that expire in the comingkkk. Months and 4 calls. So I just get to sit here and watch the world go by. Hope it was worth it for whatever 5k or 10 k I got out of it. Sucks sitting on the sidelines with a massive pile of cash o can’t use but I did this to myself
I think what I need to do is have a certain amount in my safe stocks. My stocks that I’ve owned and are stable. Pepsi. Johnson and Johnson. Apple. Intel. You get the idea. Companies that are gonna be around. Will give me 3% dividend and probably 3-10% appreciation. And I can count on for 6-13% a year.
then like take the cream off the top and play games with it. Like if I’m zuckerberg. I’d have said ok. I’m gonna play it safe with that first 10 billion. But once I get to 11? 13? That extra 1-3 billion is play money and I’m gonna take some chances here gonna try to find the next me and get super duper rich.
i have to do that here. Pick a number. Set that to the side. And screw around w play money. I thought I’d done that but wound up risking the whole pot with some of this option crap No bueno
I could have too. I saw it going down. Had sold some puts and was afraid of buying more because I already was going to be stuck buying 200-300 shares at 2890. And it was around 2800. So I was a little handcuffed.
I opt not to jump in at 2800 and a day or two later here we are at 3180.
now I won’t likely be forced to buy at 2890. And I didn’t buy at 2800. Frankle I didn’t buy at all and I just sat here like a dumb bunny and watched it got to 3180. I swear this is how I’m gonna die. That or stabbing my self in the eye with w a pencil after one of these days
Lol, and that’s why I stopped trading for a few years. I sat there like a dumb bunny in 2008 and watched WAMU circle the drain, never thinking they would go down. Just when I though I was out , I got pulled back in . Now I wake in the morning reaching for iPad to check the market. The adrenaline rush of a big score is addicting. The Tesla magic carpet ride in 2021 got me hooked again. It was so seemingly easy to make that much money. except I still have nightmares from the last correction. I had to run to real estate to recover from that rat fucking. Bottom line, you don’t play football and then act surprised when you get hurt. Investing is similar, you are gonna have an ACL tear or worse. Part of the show. I am trying to be smarter this time around.
Sorry. Amazon got routed yesterday. It’s spotify Thats getting routed today. From low $200s awhile ago to $160. Sold puts at $130. Think much of this is the emotionally driven. And that lasts until the next thing that draws everyone’s assertion. Next Jussie smollett where are you?
Well now everything’s back up and I’m sitting on 18 puts that expire in the comingkkk. Months and 4 calls. So I just get to sit here and watch the world go by. Hope it was worth it for whatever 5k or 10 k I got out of it. Sucks sitting on the sidelines with a massive pile of cash o can’t use but I did this to myself
I have $$ in what i consider the "safe" stocks, Walmart. Pfizer. Kroeger. 18 month returns: Wmt has a 14% return, Pfizer 24.61%, Kroeger 92%,
all pay dividends, But Tesla is my star. sold some more today, waiting for the dip to buy more.
I think what I need to do is have a certain amount in my safe stocks. My stocks that I’ve owned and are stable. Pepsi. Johnson and Johnson. Apple. Intel. You get the idea. Companies that are gonna be around. Will give me 3% dividend and probably 3-10% appreciation. And I can count on for 6-13% a year.
then like take the cream off the top and play games with it. Like if I’m zuckerberg. I’d have said ok. I’m gonna play it safe with that first 10 billion. But once I get to 11? 13? That extra 1-3 billion is play money and I’m gonna take some chances here gonna try to find the next me and get super duper rich.
i have to do that here. Pick a number. Set that to the side. And screw around w play money. I thought I’d done that but wound up risking the whole pot with some of this option crap No bueno
I could have too. I saw it going down. Had sold some puts and was afraid of buying more because I already was going to be stuck buying 200-300 shares at 2890. And it was around 2800. So I was a little handcuffed.
I opt not to jump in at 2800 and a day or two later here we are at 3180.
now I won’t likely be forced to buy at 2890. And I didn’t buy at 2800. Frankle I didn’t buy at all and I just sat here like a dumb bunny and watched it got to 3180. I swear this is how I’m gonna die. That or stabbing my self in the eye with w a pencil after one of these days
My office mate made $45000 on Amazon this week. And he was lamenting he could have made a lot more . Freaking Jew didn’t clue me in.
Sorry. Amazon got routed yesterday. It’s spotify Thats getting routed today. From low $200s awhile ago to $160. Sold puts at $130. Think much of this is the emotionally driven. And that lasts until the next thing that draws everyone’s assertion. Next Jussie smollett where are you?