Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Me too at this point, not really my thing.. I've come to learn I don't have the patience for a lot of this (trading). But the comparison to PACB and the interest from ARK and Vanguard won me over. I made a little profit off PACB a few months back and was actually thinking about re-investing in them.
I'm playing with midget cash in my trading account but had some sitting around staring at me so figured why not. Might be a longer term hold here.
Stock Markets Jump as Investors Bet on 2 Stocks to Double Their Money Again in 2021 | The Motley Fool
Markets were on the move higher on the second-to-last day of the year.
www.fool.com
FCX & LMND in this article.
$CTRM with the easy short off of yesterday’s AH and today’s PM hype thanks to the offering - ($0.44 to $0.19)
www.globenewswire.com
Castor Maritime Inc. Announces Pricing of $18.0 Million Registered Direct Offering
LIMASSOL, Cyprus, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (the “Company”) (NASDAQ: CTRM) announces today that it has entered into a...
Hope you attain that goal bruh. It is a nice feeling to retire in your prime
December 31 - short selling day of the year
Was just gonna ask: historically this must be a great day (or week?) to buy huh? Because of tax sell offs too?
I got some orders in this morning while shit was on sale and may def keep this in mind next year.
Correct. This is also discount day because it is the last day to sell to procure tax loss. Big stocks that dropped and never recovered during COVID should be at an even bigger discount today.
That day was the 29th
.. everything now counts for next year
I noticed all of the ARK ETFs have been down this week. Bought some more ARKK, as well as SPYG and DKNG for the new year.
Happy NEW Year to all you brothas. Thanks again for all the tips and guidance and let's keep this snowball rolling downhill in 2021. Cheers
Not in the United States. See direct from the IRS website:
This is my understanding as well. Due to the holiday tomorrow settlement dates are extended. Even though you may sell today that sale won’t settle until Monday Jan. 4th. The last day for stocks was the 29th and last day for options was yesterday.
“Do not confuse the trade date with the settlement date, which is the date by which the stock must be delivered and payment must be made.Not in the United States. See direct from the IRS website:
Example.
You are a cash method, calendar year taxpayer. You sold stock on December 31, 2019. According to the rules of the stock exchange, the sale was closed by delivery of the stock and payment of the sale price in January 2020. You received payment of the sale price on that same day. Report your gain or loss on your 2019 return, even though you received the payment in 2020. The gain or loss is long term or short term depending on whether you held the stock more than 1 year. Your holding period ended on December 31.”
Looks like you are correct
Gonna trim the fat off my accts to generate some liquid capital and then I'm all in on the trip to 100K...."Wassup U-tube!"
I just wanted to say this has been an eye opening year. Learned a thing or two about options and swing trading that made quick money. Props to you guys dropping knowledge in this thread. I figure I drop my best stock plays for 2020:
Overall portfolio return for 2020 (everything... 2 401ks, Roth and Trad IRAs, 2 Brokerage Accounts)
All Accounts
Brokerage (Heavy ETFs/MFs and some equities)
Granted I'm not as brave as some in this thread. I did try my hand at swing trading in my secondary Brokerage account, but I invested mainly for long term. As long as I'm ahead of the S&P, I'm good with that.
My best 2020 long term holds
$DIS @92.95 in 2020 (currently 181.18)
$CLF @3.14 in 2020 (currently 14.72, though it was a frustrating journey)
$AMD...Bought a chunk back in 2016. Still riding.
$UNH... Same as $AMD
$AAPL... Same as $AMD, even though it's been a grind after the stock split. Added an additional $10k post split.
Worst loss in 2020
Holding $ABT call options before an earnings call. Positive news followed by a selloff.
Regrets in 2020
Not going in on $TSLA
Not being aggressive enough when the market bottomed out in March.
Fucking up a few options trades early on getting my feet wet, lol.
Obviously BTC...
Not believing in $NIO (had maybe $1k-2k @19 something; sold at $45)
Hopefully this post inspired others to share their triumphs and what they've learned in 2020.
Overall portfolio return for 2020 (everything... 2 401ks, Roth and Trad IRAs, 2 Brokerage Accounts)
All Accounts
Brokerage (Heavy ETFs/MFs and some equities)
Granted I'm not as brave as some in this thread. I did try my hand at swing trading in my secondary Brokerage account, but I invested mainly for long term. As long as I'm ahead of the S&P, I'm good with that.
My best 2020 long term holds
$DIS @92.95 in 2020 (currently 181.18)
$CLF @3.14 in 2020 (currently 14.72, though it was a frustrating journey)
$AMD...Bought a chunk back in 2016. Still riding.
$UNH... Same as $AMD
$AAPL... Same as $AMD, even though it's been a grind after the stock split. Added an additional $10k post split.
Worst loss in 2020
Holding $ABT call options before an earnings call. Positive news followed by a selloff.
Regrets in 2020
Not going in on $TSLA
Not being aggressive enough when the market bottomed out in March.
Fucking up a few options trades early on getting my feet wet, lol.
Obviously BTC...
Not believing in $NIO (had maybe $1k-2k @19 something; sold at $45)
Hopefully this post inspired others to share their triumphs and what they've learned in 2020.
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www.forbes.com
This has been a great thread and I would like to thank all of you for all the good posts and information here. I started this Journey in August and have made over 10k in profits without really knowing what the hell I was doing. 2021 I’m clearing my head and coming in with a game plan.
It’s interesting that I see some of you posting some crazy stuff in other threads, then see you here and I gotta give you all nuff props and respect. Not only the guys that know what they are talking about but also the bros in my shoes just trying to play catch up. Thank you!!!
It’s interesting that I see some of you posting some crazy stuff in other threads, then see you here and I gotta give you all nuff props and respect. Not only the guys that know what they are talking about but also the bros in my shoes just trying to play catch up. Thank you!!!
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Im gonna try.. for now he saying beef up my dividend stocks. I been working on that for a few weeks now already. Gonna do the 25 then 50. Im not a rich dude, but iim trying to be more successful at making what little money i do have work for me while i sleep!!
True, its not about the quantity, its about the percentage gain. If your money can make more than what it does sitting in the bank, you win.
Yea I've been done with banks. After making money trading options I can't have money just sitting and letting the banks make money off my money
I agree with that.. but look at mines like my SPG they pay out 5.20$ if i have 20 shares hell i get over a 100$ back without doing anything. Even if it trades sideways,.
Glad I found this thread! I have been investing for a while but got really interested in trading in the middle of the pandemic like so many others. Major props to @Tito_Jackson for putting me on to options and to all the others that shared YouTube channels, technical analysis and other resources. I went from losing 25% of my account from June thru August to growing the account 272% from September through December. I never put in any additional money during that time because I wanted to prove to myself that I could be consistent. I have enjoyed the journey and all the lessons along the way. I am looking to really build on it in 2021 and will be adding money regularly to trade.
unfortunately i wasn't able to meet that goal. 42 now. will be 43 this year. so...have to move the post back a little bit. 2 years is my time line now, inshallah
Hope you attain that goal bruh. It is a nice feeling to retire in your prime
My goal is $20k this month! Using $9k of my money. I am running with IPOC to get me a fast start come Jan. 6. I have 600 shares. I will use this as my case study. I have other stocks and options, but I'm just focusing on this.
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Good thing I picked up some RIOT. Not enough though. Just dipped my toes in..
which one should we buy
Worst option trade, Jan 15 FDXEveryone post your dumbest losing tradeshere is mine below. this is when the greed sets in you start making dumb moves like i did with these trades here
290 call after it dropped on earnings for $640, sold it for $280. I just knew it would recover... Nope.
Worst stock trade, bought 200 of WKHS after a short sellers hit piece about contract delay. Avg down a few times, ended up with 400 shares. Lost $900. Lesson learned.
Everyone post your dumbest losing trades
Could have made a killing by listening to Ray Dalio but emotions got the better of me
The saying is true "Buy Options insurance when it's cheap"
The 2 SPX Dec 18 1080 puts that I bought for 0.95 and exited due an error during order entry on Feb 28 are now worth 17.35.
That's a 1800 % gain that I left
SO I today pocketed a small gain on the SPY may 15 185 put.
