The Rokslide Stock Traders Thread

ncstewart

WKR
Joined
Jul 18, 2016
Messages
395
Haha wish I would have got in on that! My sheep hunt still waiting. Have to settle for antelope and deer for now


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Joined
Mar 19, 2022
Messages
31
With the explosion of MSTR stock price and the uncertainty of how much more bitcoin will run for now do people have a plan to put a stop loss in place and wait for a correction to re buy in? Or are people just letting it buck with no stop loss?

Im adding it into my Roth and trying to come up with a time duration to dollar cost average the purchase.
 

ThorM465

WKR
Classified Approved
Joined
Feb 8, 2023
Messages
424
Location
Madison, AL
I stop loss every position and update at least weekly.
Roughly where do you set your stoplosses? I've had horrible luck with these to the point if I feel like I need a stop loss, I just start taking profits. The evening before the last big NVDA run, the market markers pushed the NVDA share price within $0.05 below my stop loss triggering a closure of my position. Imagine my surprise when I went to check my gains.
 
Joined
Aug 4, 2014
Messages
2,275
Location
Phoenix, Az
Stop losses are a personal decision imo. Depending on the stock and typical volatility of said stock is how I set mine. They are a form of protection that can also cost you money, as in Thor's case.

I have a few longer call options on some oil companies, as well as some puts on some green energy companies.

Blackrock, brk.b, costco and Tsla are my current largest positions. They have all performed exceptionally well this year. I am also dabbling in SMR stocks with some success on swing trading. It is not for the feint of hart tho. Large swings. NANO, OKLO are my main plays.

Option trading is intriguing me more and more and I just recently started dipping my toes into them. I have lots to learn but am constantly trying to educate myself.
 

FredBear86

Lil-Rokslider
Joined
Sep 10, 2019
Messages
156
I think on MSTR we see some sort of gap up and push towards 530 where there is tons of option activity and then we see some major downside at some point tomorrow or Friday. I'm thinking tomorrow but we will see
 

David Walter

FNG
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Joined
Sep 30, 2015
Messages
61
I take the current price and multiply at times .9 and set a stop there. Sometimes it hurts like when Nvidia dipped down into the 90s, but I waited for Nvidia to get back up got back in and I made back all the money that I quote lost.

I’m up quite a bit this year in my Roth IRA. But I’ve had to break myself of the habit of falling knives. That is something that the stop loss is engaged and then I go back and think that can’t be right, buy the stock back, then lose more money. I’ve set a rule that I can’t read by stock for at least two weeks after a loss. Has it caused me money? probably not, because you lose money a lot easier than you make money and I’m trying to prevent losing money.
 

FredBear86

Lil-Rokslider
Joined
Sep 10, 2019
Messages
156
And I might clarify that the downside will only wipe out 2-3 days of gains. Something in the neighborhood of 400-425, maybe just 450 depending on high the morning push is
 
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