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16 June 2021
10:27 hour

I'm just sour because I lost money

Reddit Stock Market

10/06/2021 - 19:37

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  1. A tax question (13/03/2021 - Reddit Stocks)
    I don't know if this is the right sub to ask this but lets say hypothetically, I recently made 10k in short term investments. I cashed out and reinvested that money in a different stock. It didn't go as planned and I lost it all. Using some of the my own money I worked to get those 10k back, which I did. So my question is, will I still be taxed for the 20k total I made or does the fact that I lost the first 10k means I won't pay taxes for what I lost?   submitted by   /u/the-groups [link]   [comments]
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  2. Have you ever lost so much money on a particular stock that you just refused to sell it out of principle? (12/04/2021 - Reddit Stocks)
    I am currently getting burned on the Greenwich Life Sciences ($GLSI) stock. I purchased 5 shares @ 62.80 a share now they are only worth 39.60 a share. Worst stock purchase I have made. I want to sell and cut my losses but this seems personal and I want some of the 120.00 dollars that I lost back. I just don't want to say that I lost 100 on a stock. It's like this stock is a person that owes me money. Has anyone else ever had this experience?   submitted by   /u/WuriderX [link]   [comments]
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  3. Stop the bleeding (07/03/2021 - Reddit Stock Market)
    So I have been trading for a few years but mainly but it and leave it until I see some money. But here lately I have been more actively trading. With that said I have been having some success but have made two fairly big errors. Sold to soon... lost money ($MOS), and Waited to long... lost money (#RKT). I know about stop loss, but it seems I would lose money sometimes when its just drop period shooting up. What are some strategies that you guys use. Such as some calculation on when to sell like 30% up or stop loss that moves up? I am trying to figure out the best moves.   submitted by   /u/AnaxDet [link]   [comments]
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  4. There's a reason why people tell you to only invest money you don't need in the foreseeable future. (12/04/2021 - Reddit Stocks)
    I've seen at least 2 post today on reddit of people claiming that they are gonna pull their money out of the stock market due to consistent losses. Most of their holding are stocks that were once popular on reddit and more than likely they bought at the very top of the hype but that's not here nor there. The fact is that if you invest money that you don't need any time soon you can just ride the wave of losses. I'm personally living paycheck to paycheck and could definitely use the money I have invested but I keep trying to see that money as LOST already. Maybe not the greatest thing but I'm definitely not dependent on it and don't plan on using it anytime soon. There's a certain Game ticker that has lost me a ton of money these last 2 weeks and I haven't bat an eye because I'm not counting on that money. I know a lot of us have been and continue to be broke and when we hear people on reddit discussing a damn near certain winner you want to jump in and make some money. But the truth is most of the time it's either a Pump and Dump and more often than not these people are just wrong. So my advice to you is if you can't afford to invest money and not touch it for at least a year whether it goes up or down then just don't invest that money. You'll most likely pull out too soon and just lose money.   submitted by   /u/ragstorichespodcast [link]   [comments]
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  5. Do you have to pay taxes on re-invested, and subsequently lost gains? (22/02/2021 - Reddit Stocks)
    Hey guys, not sure if this is the right place for this question but: I recently made quite a bit of money on a certain popular “meme stock”. After making cashing out on my position for a gain of a few thousand dollars, I withdrew the money from my broker and into my bank account. If I were to transfer all of that money back into my broker, re-invest in a new ticker, and lose it all, would I still owe the government money for the meme stock gains that I lost? I read somewhere that you can only deduct $3,000 in capital losses from your capital gains each year. In this case, I made significantly more than $10,000 in capital gains, and would have to deduct >$10,000 in capital losses if I lost it all. I hope this made sense and isn’t out of place. Thanks in advance   submitted by   /u/bchrzfg215 [link]   [comments]
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  6. Confused about the stock market but want to get into it, why do people ever sell their stock after its lost value? (25/02/2021 - Reddit Stock Market)
    Was talking to a friend the other day, he put £200 in whichever stock and ended up making a loss of £50, pulling out and keeping the £150 of the £200 he originally put in. Now I’m interested in getting into stocks but I’m not completely sure how they work, so I guess my question is, why didn’t he just leave his money in and wait just in case it goes up? So my kneejerk reaction is “because he didn’t want to lose £200” but didn’t he already lose the £200 when he put it in stocks? I mean the money went out of his bank account and into their’s. Doesn’t that mean he’d already lost it? Doesn’t it also mean that he stood a better chance of getting it back by keeping it there for up to a few years just in case it went back up again? I guess my real question is is does the stock market take more than YOY originally put in? Did he stand to lose more than £200 (like if he ‘lost’ the £200 in the same way he lost £50 would they keep taking money out of his account)? New to stocks, and yeah this is probably a stupid ass question. Just worried before I get into the whole thing.   submitted by   /u/BlackKnight6660 [link]   [comments]
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  7. Lost a lot on $SBUX today. Should I buy the dip? Any chance it will go back up next week? (28/04/2021 - Reddit Stocks)
    I bought an $SBUX call that expires next Friday, May 7th. I lost the entire premium today which is obviously super depressing. I guess I have nothing to lose by waiting it out, but what do you guys think? Any chance I'll be able to make at least half my money back? Or is it a lost cause? Thanks.   submitted by   /u/millystelescope96 [link]   [comments]
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  8. I lost $8000+ this year in my gains and I don’t know how to deal with it. (23/05/2021 - Reddit Stock Market)
    I started trading in January and made 14k from Jan-February. I put in 3k total so I had about 17k in my account. However that little pullback in February hit my stock pretty hard that I was all in on (i know, a stupid thing to do) and I lost 4k. This left me at 14k, and then I lost another thousand, and then I took out money to buy a PC, and then more to pay back some loans. This left me at 10k. I was playing with Doge going all in and selling for cents more, making $200 each time. I was doing good, then bitcoin crashed and caused all other cryptos to crash, and Doge did. This morning I made an instinct sell and sold all of my Doge for a loss of 4.7k. I have about 5.5k left and I don’t know if I should keep trading or step away and take my money out. I’m really stressing here I don’t know how to handle this, i’m only 19.   submitted by   /u/cozytape42 [link]   [comments]
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  9. A long story to the bottom (26/02/2021 - Reddit Stock Market)
    All started from the meme stocks ... And from a friend I learned about crypto just a few months ago (yeah I’m actually kinda dumb and had no clue about the stock market or crypto till now). So splash ???? 1k into doge during the meme trend pump . Panic sold at a loss of 500???? . Thought hey it’s okay I’ll just put some in other coins I divided 1k into others zil,ada, doge, and sol. All in red now . Come meme stocks during that wave of weed stocks after gme 400 in tlry boom lost 100. Lost other money too then gme second wave strikes I’m so in the red I’m now desperate to break even from the start of losses I’ve had this month from meme stocks. And thus splash ???? lost another 200. I’m writing this to help me out to at least know that I’m not the best at stocks and the hope of making it big is just too much for me. I really really would like to invest and have my money grow but sadly I have no clue what to do where to throw my money at and how much . Don’t worry I didn’t lose my life savings or anything just a sore loser does it better ? Can anyone help give some advice?   submitted by   /u/Alternative-Chair535 [link]   [comments]
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  10. The Moneyist: My friend of 30 years owes me $20,000 after living in my apartment rent-free. She texted on my birthday to say she misses our friendship (13/05/2021 - Market Watch)
    ‘Her texts mentioned nothing about paying me back. I have already made peace with the lost money, and lost friendship.’
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  11. MATHEMATICS FOR NEW INVESTORS: Percent increase ? Percent decrease (03/03/2021 - Reddit Stocks)
    In a volatile market this is important. If a stock increases by 50% one day, and then decreases by 50% the next day, how much do you have? Hint, you lost money. We’ve all heard this before but it’s coming up a lot recently. The thing about this, mathematically, is that the bigger the % change, the more it actually matters. I.e., if you’re talking about a stock that goes up 1% one day and then down 1% the next day, you’ve actually only lost 0.01% of value. However, in the example above at 50% volatility, you’ve lost 25% of the value ($100 stock goes to $150 then down to $75). At the extreme at 99% up then 99% down, you’re stock is now worth $1.99. Here is a graph I made to show what the curve looks like at different % change levels: (https://imgur.com/gallery/dyb1npq)   submitted by   /u/bob_ross_lives [link]   [comments]
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  12. The most hardest/painful intake in stock investing, isn’t about how much money is lost.. rather the continuous making of right calls but not putting in more money due to risk averse attitude. (08/06/2021 - Reddit Stock Market)
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  13. I'm new to investing and have experienced nothing but losses, how do I turn this around? (10/03/2021 - Reddit Stock Market)
    https://gyazo.com/7a83e543ce4543915d69c3cf8b2615a5 ​ The link above is my portfolio. I'm a 23-year-old college student looking to invest my "standby" money to hopefully grow and help pay for my textbooks and even my tuition. I got into the stock market around the end of January, just when the meme stock fiasco started. I bought into the meme stocks, lost money. Bought into ETFs, lost money. Bought into options, lost money. I've genuinely put in so many hours to learn the different facets of the market but I have nothing to show for it. I have a track record of being very smart with my money, in some cases even frugal. Losing 2k in the past few months hasn't affected my lifestyle, but hurts my psyche. I'm looking at these losses as FOMO of just saving up to pay for my tuition, car maintenance, etc. Since the meme stock L's, I pulled out of all of them at significant losses and dumped them into ETFs. I've also added more buying power to my portfolio out of pocket in hopes that it will help bring gains. But with the growth pullbacks recently, I'm at an even lower point in my portfolio. Seems that everything I buy into will turn to dirt. ​ What do I do to move upwards? ​ tl;dr Have had a really bad experience overall with investing in the stock market. How can I turn my ultra red portfolio into something that doesn't make me feel depressed?   submitted by   /u/NemoIsMIA [link]   [comments]
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  14. Nasdaq, Dow and S&P close near lows as yields sour appetite for stocks (18/03/2021 - Seeking Alpha)

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  15. Dow in 2-Day Losing Streak as Traders Turn Sour on Banks After Yields Retreat (19/03/2021 - Investing.com)

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  16. Dont accept requests to invest other peoples money (24/04/2021 - Reddit Stocks)
    I started messing around on the stock market early last year and made a small amount of money, my family wanted in on the action and my mothers fiance wanted to invest £1000. I protested since I'm not an experienced trader and could loose it all... my mother kept asking me for weeks to do it for him and i eventually caved and took his money.. well what do you know, I lost it all like an idiot. And now he is asking for it back after it is all gone and I litterally don't have the funds to give it back. Please learn from my mistake, many people assume that if they invest money with someone making/made money on the stock market that they will too and that their money is somehow safe when its really not.   submitted by   /u/cluckcucked [link]   [comments]
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  17. Ion Acquisition Corp. 3 launches IPO even as investors sour on sister SPAC’s $2.6B Taboola deal (07/04/2021 - Seeking Alpha)

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  18. Advice for mistakes (25/04/2021 - Reddit Stock Market)
    So Back in mid December of 2020 I decided for the first time that I should try and trade penny stocks. I sold all the long-term stocks that I had held and put it all into this one penny stock. Needless to say I lost everything. I took a little over a $5000 loss and I’ve lost the 3 years that it took me to save up that money and invest it. About a month ago I sold all the shares that I had in that company (now worthless) and I’m starting from the bottom again. I’ve got one share of AAPL, MSFT, T, BRK-B, and VZ. I have some etf’s and mutual funds on a watchlist that I want to get back into again once I have more money again. now that I’m starting over again, do you have any advice for me or things to avoid or things or things to invest in? Anything’s helpful thanks   submitted by   /u/ben10fisher [link]   [comments]
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  19. Best defensive stocks in a downturn? WMT JNJ? (18/04/2021 - Reddit Stocks)
    I was looking through last year March 2020 "crash" and looking at how much various stocks, some of which I own, lost. SQ lost about 50%, PYPL about 30% and VTI was around 31% I think. JNJ lost about 18% and surprisingly WMT only lost 10% from February ath to March low. So for me WMT looks like a defensive winner. Are there any other stocks that are more defensive during corrections and or crashes? Are WMT and JNJ good defensive plays?   submitted by   /u/apooroldinvestor [link]   [comments]
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  20. The whole GME/AMC trend completely derailed my plans and strategy. (22/02/2021 - Reddit Stocks)
    I had such a good year, up over 100%. Had a solid strategy that was making me gains that I was proud of and I was steadily growing towards my goal. I made the worst mistake jumping on the AMC trend and it shattered my portfolio. Pretty much what I deserve from following the trend and deviating from my strategy, but it’s demoralizing to say the least. My portfolio went from up 110% to down 50%, so I’ve lost half my original investment. Since then, I can’t seem to do anything correct to get back green. Each day I’m losing more and getting more discouraged. Any advice from people who have been in a similar situation, lost a bunch of gains and are currently negative? It took me like 6 months to get over that “FOMO” mindset. The second I followed it again, I pretty much lost it all. Just looking for any suggestions or advice on what I should do. Should I pull my money out for now until I get over this discouraged feeling? Should I just keep trying? Thanks in advance.   submitted by   /u/GingerWalnutt [link]   [comments]
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  21. I Lost All My Money in Bitcoin (20/05/2021 - Reddit Stock Market)
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  22. Do I need to file losses? (18/02/2021 - Reddit Stock Market)
    So i just got my 1099 for robinhood, and i lost money on both stocks and crypto. With that being said, i already filed my taxes and honestly completely forgot about robinhood. My return is actually pending in my back account. Is there anything I need to do with this? Doesn't seem like a big deal since i didn't make any gains, but still just wanted to double check. I only invested with like $1000 and lost like 15%. Not really sure what do here. Taxes have never been my strong suit. Thanks in advance, sorry if this post doesn't belong here, just didn't really know where else to ask.   submitted by   /u/TheFriendlyDollar [link]   [comments]
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  23. How to bounce back after losing so much? (14/04/2021 - Reddit Stocks)
    Hey guys, don’t know if this is the right sub for this but I need some advice. I am currently 21 years old, and started investing during the crash last year. I slowly grew my portfolio to around 8,000$ and had $1000 cash saved up. I had a strategy of dividend stock investing with some growth stocks in there. Fast foward to Jan 2021 and I was addicted to the stockmarket. My friend told me to learn about options and debit spreads and all that good stuff. I started making a ton of money with options (because of state of the market before mid-febuary). I grew my portfolio to around 15,000. I had no guidance I was just learning as I went. Well, since I did not realize the downside of options, I was heavily leveraged in options so my portfolio over the last month has basically evaporated. Im down to 4,000 dollars now, and I know I should just construct a good portfolio with risk taken into consideration, but at this point, I feel so set back that I am discouraged to just live my life with some safe stocks and continue to add money over time. Basically, every time I think about the money I’ve lost it makes me discouraged in investing in big cap stocks that will make me 5-20% because I will still be far behind compared to where I was before. I feel sick to my stomach thinking about the money I’ve lost and wished I had someone to tell me to take some profits when I was doing so well. I did learn a lot from losing all this money, but I have so little now that I feel like it doesn’t even matter. Also I know the amount of money is peanuts to many, but I am just a college student and wanted to use the money I made in the market to invest in real estate, and now I feel like that goal is 10x farther than it was in Feb. Any advice would be very appreciated.   submitted by   /u/therealnumberIX [link]   [comments]
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  24. Coping with losses and moving on- let’s talk (23/04/2021 - Reddit Stocks)
    I’ve had a really hard couple weeks as a new trader. I came out of the gates doing great couple months ago. Was making huge gains and life was mint, me and my family were set right up for the next couple months. On only those gains. I was on the moon, I had it in my mind that I just found the Way to make money where I wasn’t working everyday gone for weeks at a time. I started spending more chasing bigger gains. It worked for a bit, until I must have gotten too confident, rushing my dd’s to hurry up and get my money into the next thing. I took a couple hard losses. Then I let emotions take over and started rushing to hurry and make that money back. Long story short now I’m back where I started. Went from not even touching my money to have lost all my gains and dipped into my own funds and lost around 4 grand. It sucks but my finances will be fine, little more stressful but it is what it is. My problem is my mind seems to be fucked now. I feel like my train of thought is totally different no confidence. Missing out on a lot of opportunities. I’m In a rut. I would gladly take any advice on dealing with these emotions or anything really. I still have so much to learn but my mind is in limp mode. Thank you everyone for your time.   submitted by   /u/Hydropwnics420 [link]   [comments]
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  25. What to do if you lost money on GameStop, AMC, or other ‘meme stocks’ (13/02/2021 - Reddit Stock Market)
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  26. Me After my real gf left, cause I lost our money on stonks (24/03/2021 - Reddit Stock Market)
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  27. Made the first largest mistake of trading so far. (04/06/2021 - Reddit Stocks)
    It was one after the newbie mistake after another. Bought apple shared on a day shares were high thinking they would increased in the middle of the day. (apple @127 and Amazon @ 3248) Suffered for one week seeing Apple and Amazon hitting new lows. Read news articles about apple going down Further. Lost hope in the stock. Could have DCAd but was so afraid to invest any more money in the stock. Saw the red yesterday and lost all hope finally. Finally today morning, sold it all at 125 taking a 70 dollar loss. Apple then went up to 126. Warren buffet said "the stock market is a mechanism to shift money from the impatient to the patient". Still red on amazon though. Will breakeven at 3230. Hoping for the best. Will hodl this time. :( Feeling pretty bad.   submitted by   /u/xxxmadness [link]   [comments]
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  28. Made the first biggest mistake of trading so far. (04/06/2021 - Reddit Stock Market)
    It was one after the newbie mistake after another. Bought apple shared on a day shares were high thinking they would increased in the middle of the day. (apple @127 and Amazon @ 3248) Suffered for one week seeing Apple and Amazon hitting new lows. Read news articles about apple going down Further. Lost hope in the stock. Could have DCAd but was so afraid to invest any more money in the stock. Saw the red yesterday and lost all hope finally. Finally today morning, sold it all at 125 taking a 70 dollar loss. Apple then went up to 126. Warren buffet said "the stock market is a mechanism to shift money from the impatient to the patient". Still red on amazon though. Will breakeven at 3230. Hoping for the best. Will hodl this time. :( Feeling pretty bad.   submitted by   /u/xxxmadness [link]   [comments]
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  29. : After sweetest week since January, meme stocks end on slightly sour note (29/05/2021 - Market Watch)
    GameStop and AMC tumbled Friday after showing signs of second major short squeeze in less than six months.
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  30. Was PLUG power already sued? Will I get money from my holding loss. Do I need to take action? (24/03/2021 - Reddit Stocks)
    Hey guys, slightly newer investor here. I’m really confused and at a 4K loss since January on about 150 shares of plug. I’m lost on if the company has already been sued, or if that’s still coming and how it’ll impact the stock. I’m also lost on if I actually need to join all these annoying class action announcements regarding the case to get some loss recovered. Dose anyone has experience or knowledge for this? I’m very worried and not sure what to expect coming up or know if I should just sell and buy after the case closes.   submitted by   /u/p50cal [link]   [comments]
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  31. I'm more mad at seeing these mfs at closing bell clapping and cheering on days like this than the fact I lost money. (18/03/2021 - Reddit Stock Market)
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  32. Lost some money in AMC a couple of weeks ago but after a week of learning to invest, I’ve already rebounded! (10/02/2021 - Reddit Stock Market)
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  33. Between sips: The soy sauce express (27/02/2021 - Financial Express)
    A natural all-purpose seasoning, soy sauce packs in a heady range of flavours, from mildly spicy to sweet, salty and sour
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  34. "Investors Who Have Lost Money in Their _______ Investment Should Contact _________ Who Is Investigating Potential Securities Fraud" (05/05/2021 - Reddit Stocks)
    I keep seeing these articles posted everywhere for any stock that has fallen. "Investors Who Have Lost Money in Their _______ Investment Should Contact _________ Who Is Investigating Potential Securities Fraud Claims On Behalf of Investors of ______________". ​ For example, ATER (Aterian. Formerly $MWK) FREQ (Frequency Therapeutics) BB (Blackberry) And seen many more. Just look at any stock that has fallen in the past few months and seems like there will be an article like this. The articles all basically read the same The investigation concerns whether ________ and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. Is this normal? Do these cases ever go anywhere? Are they just for show?   submitted by   /u/AnAccountForNews [link]   [comments]
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  35. NerdWallet: What to do if your debit card is lost or stolen (03/03/2021 - Market Watch)
    If you suspect bank account fraud, act fast. Otherwise, any money that’s missing may be gone for good. Here’s what to do.
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  36. The market is bound to bounce back. (22/02/2021 - Reddit Stocks)
    Don't sell off any of your stocks and like everyone is saying if you can afford to, buy the dips! The next green day (for you new guys like me supposedly that means on days we actually get to see profits or so the stories claim) you'll be glad you loaded up on more stocks. If you're scared and sell you'll be sorry you did and you'll but high again and the next red day you see you'll sell low again at will stay in a cycle losing money. Remember! "The stock market is a device for transferring money from the impatient to the patient"? -Buffet "Time in the market beats timing the market" "Scared money doesn't make money" "Buy low sell high" "You haven't lost anything if you don't sell" "HODL" Find a new hobby and stop looking at your portfolio's unless you need to sell to buy something else or because your need money. If you're not gonna buy or sell why even look at it? Go for a run, walk, build a model car, binge watch a new show, get a side hustle so you have more money to buy more stocks. Wish you all the best.   submitted by   /u/ragstorichespodcast [link]   [comments]
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  37. Elon Musk believes Bill Gates had a big short position on Tesla (TSLA) and lost a lot of money (12/02/2021 - Reddit Stocks)
    Elon Musk revealed that he has heard that Bill Gates had a big short position on Tesla (TSLA), and he might have lost a lot of money on it. Billionaires Musk and Gates don’t always have good words to say about each other, but they do appear to share similar concerns about climate change. However, Gates made some strange comments about electrification last year, including that electric trucks, like the Tesla Semi, and electric airplanes will “probably never” work. In a new interview on the Joe Rogan Experience, Musk was asked about those comments from gates. Tesla’s CEO responded: “He didn’t know what he was talking about. Probably somebody told him that and he is just not that close to the physics of it. I don’t think he is ill-intentioned here, I just think he doesn’t know what he is talking about.” He added Tesla already has working prototypes of electric trucks that are transporting cargo – something that we already pointed out in our original report about Gates’ comment, including the fact that not only Tesla has working electric semi truck programs, but also other automakers like Daimler. But then Musk revealed that he has heard that Gates was betting against Tesla with a large short position: “I also heard that at one point he had a large short position. I don’t know if that’s true or not, but it seems weird. People I know who know the situation pretty well, I asked them “are you sure?” and they said “yes, he has a huge short position on Tesla”. That didn’t work out too well.” We have reached out to Gates’ foundation to see if we could get a comment on Musk’s claim, and we will update if we get an answer. Tesla has sometimes been the most shorted stock on the NASDAQ, and people who bet against the electric automaker lost $38 billion in 2020. https://electrek.co/2021/02/12/elon-musk-believes-bill-gates-big-short-position-on-tesla-tsla-lost-money/   submitted by   /u/AjaxFC1900 [link]   [comments]
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  38. Lost and found: Now AI to help get back items lost on a flight (06/04/2021 - Financial Express)
    A new AI-based solution by SITA cuts costs by 90% and significantly reduces repatriation time
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  39. I'm 21 years old and I've lost almost all my money doing everything you shouldn't do on the stock market. Where do I go from here? (16/03/2021 - Reddit Stock Market)
    Last December I had finally saved up £10,000 after years of saving. I rent and pay bills, so I had to go without, and I had to go without a lot. I opened up a LISA and put my money in an Vanguard fund to let it grow, but for some reason I was curious about trading stocks and thought I'd give it a go. I started out with £800, which was cash I had lying around and had no use for, figuring that if I lose it, I'll never do it again and it would be a lesson well spent. Eventually I started making money, and I started making good money, and I kept fueling in more and more money each week until before I knew it, I had put my full £10K savings into the market. I ended up turning that £10K savings at an all time unrealised high of £60,000 and growing. I traded meme stocks and penny stocks, and eventually got caught short and lost that money and found myself at my original investment. I figured that's just the name of the game and I tried again, this time finding myself a new REALISED high of £50,000. For some reason I did not take any money out, planning to take half at £100,000, as in my mind "that was only another 2 bagger". As of today, after getting burnt again on meme stocks, buying stocks on the news and getting left holding bags, panic selling my tech stocks and panic selling to protect what little I had left. I now have £2,000 left in my trading account and I'm completely utterly and mentally burnt out. That was money I actually needed, as a lower income earner, with rent to pay and no financial support. Yet for some reason, while I had £50,000 to my name in cash, I never once considered taking it out. It genuinely felt not enough, and that I was just one more trade away from a house deposit. I've spread my final bit of cash across ALPP, SENS & BNGO and closed the app for good. I don't know where to go from here, other than starting to save again and accepting my losses. Any advice? Please don't be too mean I'm actually quite upset lol   submitted by   /u/War_St [link]   [comments]
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  40. Stock trader guru gets knocked out by a guy that lost money from a bad stock tip (14/03/2021 - Reddit Stock Market)
      submitted by   /u/Puzzleheaded_Ad1298 [link]   [comments]
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  41. The Moneyist: I have crypto FOMO! ‘I’m too old to sit and hope I can make up for the lost time by safely investing my little bit of money’ (06/05/2021 - Market Watch)
    ‘I have a $3,000-a-month pension. I am living with my ill father, and I am currently not working and looking for a job. I am going to college using the GI Bill. I am almost 50, and have no 401(k).’
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  42. Message to other young investors (11/02/2021 - Reddit Stocks)
    For background, I'm 20. The markets have been very exciting lately. Huge gains have been made....but also huge losses. I am in the latter group. I saved money for most of my life, and started investing during 2020 after the pandemic hit. I didn't want to trade, I wanted to just get long term investments and hold them. And that did work out pretty well. I was down red at certain points, but it was never SERIOUS drops, and I was confident that my picks were good in the long run. I wouldn't go into details about the weighting, but my portfolio essentially contained AMZN, MSFT, AAPL, SQ, NKE, ARKK, PLTR, NVDA, WMT, COST, DIS, JNJ, PG, V, and a couple other small picks that were my "fun" stocks - I actually had a few dozen APHA shares at $6. I had heavy tech weighting, but I was confident in the long term prospects. By this year, just about everything was in the green, and collectively up around 15%. Then came BB. BB looked appealing so I sold most of my stocks that had been moving sideways for a while (AMZN, MSFT, NVDA) and put the money into BB when it was low teens. Within a couple days, it hit the 20s and I sold for thousands in profit. The fact that I made thousands of dollars by doing nothing was crazy to me. The rest of my portfolio was also up several thousand dollars (overall, my profit was around $7000 at this point - a combination of the realized gains from BB and the unrealized gains from everything else). Then came GME. Several months ago, I neglected GME because I did not think they were a good long term investment, and so I did not buy them when they were less than $20/share. So when I saw the stock jump to 40, and 60 in the span of hours, I thought that was crazy. So what did I do? Naturally, I got FOMO when the stock was almost $400 and bought into the hype because I actually believed in what people over at another subreddit were saying. Within a week, my portfolio dropped around 80% (roughly $20,000). I thought that would be the best learning experience for me, but I bought into the weed hype this week, and have lost another few thousand dollars. All in all, I've lost 90% of my money in the past month. I'm young so I can recover, and this wasn't money I needed urgently. But my money I worked for and saved is completely gone because of my decisions. I'm writing this mostly for myself because I needed a reality check for myself and don't have anyone to talk to. I can't sleep at nights, and can't really focus on anything else. I've lost all interest in playing video games, and my grades are starting to take a hit. This is really embarrassing for me, and nobody knows I lost my money on stocks (nor do I want them to). I don't know if anyone needs to here this, but please be careful with your money, and don't invest more than you're willing to lose. Especially for young investors, we have such a long time horizon. There's no need to try and get rich quick. Conservative investing will compound over our lives.   submitted by   /u/presidentgertler [link]   [comments]
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  43. Can someone explain stocks to me like I’m 5? (18/05/2021 - Reddit Stocks)
    I’m interested in investing into stocks but have no idea where to look at all or how it really operates. I’m willing to invest about 100-300 each paycheck to make money. End goal is to purchase a vehicle no more than 15K with a year’s worth of insurance and about 10K in the bank for extra or emergency expenses. Will I be able to see such goals by the end of this year or will it certainly take time? I’m just very lost on where to even start and how to even start a bank account and withdraw money for stocks.   submitted by   /u/TheRavenCalls [link]   [comments]
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  44. Trade your rules, not your emotions (02/03/2021 - Reddit Stocks)
    I think this is the best advice I've received when it comes to the stock market. You can have the greatest system in the world, but if you're not mechanically applying your rules and committing 100% to them (win or los), you'll create a cycle where you condition yourself to break your system on a hunch, feeling, or whatever. My personal mentor told me that if she's lost money on a position, she's proud to have lost it because she didn't compensate or compromise her rules. Can you imagine that? If she's made money on a position, she's equally proud and for the same reasons. In essence, she defines her success by the measure of how close to her rules she executed, not by how much she makes. Which is a lot I can tell you. It's a way to decondition yourself from thinking in terms of win or lose. Win or lose is a very binary and primitive condition. To be a pro, you have to have principles, rules, and mechanical execution. It requires discipline and probably years of an almost zen like state of trading when you see nothing but red figures or green figures. Panic or greed simply do not exist in such a state. I believe this is where the pros differentiate themselves from the amateurs and seems to be the common theme amongst the successful traders I've talked to, and who I one day hope to join.   submitted by   /u/ChairSoggy6394 [link]   [comments]
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  45. Does anyone else literally just do everything wrong? (07/03/2021 - Reddit Stock Market)
    I've been trading since December, I'm 21 years old and I literally do everything wrong and I just want to talk about it because it keeps me up at night. Here's my biggest mistakes: I held GME originally at $100, turned £10K into £50K, kept holding and didn't sell, only to sell for a £2K loss eventually. Second time around I held GME at $80, planned to sell at $200 for £50K, panic sold when it came down to $80. Swore I'd never touch it again, now look where its at lol. Swing trading RKT a little bit for fun, had a sell limit at $24, came back to the stock being sold and now worth almost $40. GUH. I then rode the decline of RKT and a few thousand lol. lost money somehow on EYES don't even wanna talk about that one. I have only ever made money on OTC stocks, going from £8000 initial investment to £25,000 in realised gains, as of today I'm down to £15,000 all lost in the last 3 days of trading last week. I swear I'm so retarded, like genuinely retarded, I look back every night and think god damn had I just not been greedy I'd literally be rich and could retire in a few months. But no! Now I'm back to catching up on weeks of work I avoided thinking I'd be out of the 9-5 below min-wage prison. (Not looking at advice I actually want to be humiliated and degraded for being so stupid).   submitted by   /u/War_St [link]   [comments]
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  46. Every stock I buy so far has been a loss. Any advice? (11/05/2021 - Reddit Stocks)
    There was a post in here a few ago from someone where she wanted to buckle down and learn stocks, so I followed that post. Someone more experienced copied and pasted their write up with advice. I followed that write up, researched stocks, looked at earnings reports, etc. But so far the only stock gaining me money is the one stock I thought wouldn’t (Vaxart is positive when all indications I could find in my research were negative). GE I’ve lost $150. Gold was positive, but now it’s lost me $50 too. Almost bought into some REITs, but every single one I looked at is going down. Every stock on my list is negative except Vaxart, which seems ironic cause everything else on my list is supposedly safer stocks like materials and utilities and real estate. Tangible assets. All negative. Avoided buying tech stocks like NIO and PLTR cause a lot of people here say people are dumping tech stocks. Feels like I should just go back to ETF funds and high interest savings accounts. This feels like a waste of both time and money in comparison. Any advice? Down $300 right now in only a few days lol   submitted by   /u/BeachOutEast [link]   [comments]
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  47. Average Down VS Investing in Successful Stocks (27/03/2021 - Reddit Stock Market)
    I’m fairly new to stocks (barely a year in) and I would like to seek out help. I usually only put money into stocks every 2 weeks (every paycheck). Question is; since I have limited resources, would it be better for me to utilize my allotted money for a stock that lost ~%25 or a stock that is steadily increasing? I’m trying to get more bang for my buck. For example, $DKNG and $V are steadily increasing in value. And quite frankly these are my two favorite stocks. They already make up about %40 of my portafolio. VS $RIOT which I like as well but dropped a considerable amount. Would it be better to get that “on sale”?   submitted by   /u/m0ranati0n [link]   [comments]
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  48. Retirement Hacks: How to find your lost 401(k) and other retirement accounts (25/05/2021 - Market Watch)
    Have retirement money set aside but don’t know where? Try these strategies
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  49. SEC US Govt. Branch not enforcing "Failure To Delivers" allowing powerful interest groups not to pay and continue to leverage their lost money. (17/02/2021 - Reddit Stock Market)
      submitted by   /u/Tyy5150 [link]   [comments]
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