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sadafboicry OP t1_j6ac6y9 wrote

Reply to comment by ShroomingMantis in rate my portfolio by sadafboicry

You think I can get back up to even? Lol it's been 2 years since I first started investing


ShroomingMantis t1_j6accwa wrote

Of course you can! I think you're more likely to drive that baby into ground unless you make an adjustment to your performance, but almost anything is possible in the markets...


sadafboicry OP t1_j6acqug wrote

After Friday's trading day, I went all in on SQQQ. What do you think


ShroomingMantis t1_j6aer18 wrote

I dont blame u. It was pretty intense selling in the last hour. I wouldn't be surprised to see it continue thru next week if everybody's taking profits.

I never go all in on 1 play at a time though.


Away_Fishing5926 t1_j6ao70b wrote

Put screenshots of your sqqq positions please so we can give you expert opinion 😀 good luck in advance


yawolac t1_j6aq65u wrote

Feb 17 qqq otm puts for me. Go big or go home.


TrustM3EzMoney t1_j6cif3j wrote

Can’t I’m balls deep is DIS call options don’t feel like borrowing cash from my wife’s boyfriend


Toomin3 t1_j6az6sz wrote

I'm still in TQQQ from Wednesday. RSI was bananas Friday. That Powel meeting is coming up however last time stocks went up until just before he spoke and than plummeted. I'm not sure if a 25 BPS increase will be enough to see that again.

Also, glad to see someone playing the TQQQ and SQQQ game. A perfect sell on one is a perfect buy on the other. Usually, TQQQ is the right choice since markets usually go up but lately SQQQ has been crazy.


ShroomingMantis t1_j6bz6kr wrote

Actually the distribution of green and red days is almost 50% so the odds of having an up or down day is almost even if you're out before close, fun fact.


PlantainStill t1_j6cmktm wrote

Switch to yearly and look at Sqqq in 2022, but tqqq every other year.

You are correct, but if you were to sell tqqq at each high point to buy sqqq and vice versa, you'd be in tqqq a lot longer.


Earthboundpug t1_j6asicx wrote

I think we have a green Monday but could turn after that


ElephantFriendly t1_j6bcvyb wrote

I have 5 2/17 50 calls. I think JPOW will say enough for it to work before then. I may roll them to March.


ThereisOnlyNow t1_j6bfxmy wrote

New bull market at 5% interest rates, company lay offs, VIX at lows and war happening, didn't you hear?


chuck_portis t1_j6c20f7 wrote

If you really think the market is due for a crash, don't short anything. Just wait for the crash and pick up cheap, high-quality companies after it happens. I promise you this is a much more profitable strategy on average. In the meantime just hold short term bonds.

This is way more boring than shorting, I agree. But it's a lot easier to make money on the long side than the short side. Look at anyone who bought META at $90 a couple of months ago. They nearly doubled already.


stockrot t1_j6cwqae wrote

Holy shit! One sane person in the group ! Who let you in here?


chuck_portis t1_j6cwu90 wrote

Posted too many dick pics on r/investing


stockrot t1_j6cz4e8 wrote

Well you still probably have most of your money img So welcome to the crack house .Pretty much just inverse whatever the overwhelming majority says here and you will be fine. Just ask the crowd that was screaming that TSLA was going to $50 gif


BootyOptions t1_j6dpfo0 wrote

lol bonds, this is wsb we aren't quite sure what bonds even are.


Bluehorsesho3 t1_j6e9z32 wrote

You're buying something that decays. Going all in on anything that decays is just pure reckless gambling.


justanothermofo88 t1_j6f15e7 wrote

It's all good Grant was WAYYY better than Franklin anyways...

UPDATE** I read on the internet that Grant broke Franklin's ribs in a high-school fight.


my-new-password t1_j6atpm7 wrote

2 years?… so what did u have puts in 2021 and calls in 2022? How did u spike down so fast in 2021 lol


5thStreetCapital t1_j6axfuk wrote

Back to even yes but it’ll take years. You literally need a 100% gain to recover. Just sit and wait.


mr-fybxoxo t1_j6bd2vz wrote

Yessir treat it like a casino and you’ll soon hit a jackpot or ramen till you die!!emote:t5_2th52:4271imgimg


eatdrinkandplay t1_j6bz5h4 wrote

I've been buying straddles /puts and calls otm and that's been helping me recover my loss. The market moves enough to make one of them +100% or more and everything else is gravy. This isn't investment advice.