Woof!
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Well, Instagram released some ways to pay direct on their platform. Really, it's just a broad 2 day risk-on rally. Your SHOP money went into Iowanians X which was up 7% today or Bank of America up 15% in the last two days, some of the airlines up 20% over that period.

The market got bullish and it's moving money back out of recent high flyers into sectors badly damaged due to covid or the ones that are just always cyclically tied to the economy.

Almost everything saw a good recovery at the end of the day. Mid day AYX and TWLO, TTD were down 10% or close
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If I know one thing it's how to dig a hole until I hit bedrock.

I've countered that with buying more at the bottom so my average is a little over $10/share now and it's coming back to that neighborhood.

I've made better decisions since then, and I am learning from this thread. I try to avoid the wild hair investments without knowing WHY I'm buying into that. Casino, airline, oil, and cruiselines because when Rona stops scaring people....people gonna spent money.

The only recent exception is that when Clay gets out of something...I know it's a winner, so I bought Mark yesterday when he said he sold.....
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You've learned well grasshopper!
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:-)

So I went from 1.84 to 2.88.

You went from 2.88 to 3.40.

Who's the winner here?

I wouldn't hold it too long tomorrow....
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FYI if you're still in on MARK, the yahoo board is absolutely hilarious.

https://finance.yahoo.com/quote/MARK/community?p=MARK
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Interesting technology that company has.
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I've ridden a couple of stocks down about that same percentage. My CUK stock (Carnival Cruise) and DHC (a provider of assisted living or nursing homes or both) are both down 75 to 80 percent compared to when I bought them. That hurts.
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I've become a big believer in mutual funds just for this reason. I've tried day trading and it's not a winning proposition. Individual stocks are just too volatile and pot luck at best. I only own two individual stocks at this time and I'm a lot happier knowing while I'm out fishing somebody else is managing my portfolio and that's how they earn their money
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Day trading individual stocks is an amazing pain in the ass unless you have got a system to identify the exact stockings you need to trade. If you want to day trade I would suggest trading and index ETF or option or some mini-futures contracts.

The Negarian Brothers have a great premise for their system but I won’t pay for it but I know many have done similar. They have a method of identifying unusual option activity in stocks as uses that to tell them what stocks to buy or short.

The other thing about day trading is you have to have serious capital if you want to do it for a living. And if you aren’t doing it for a living then you are pretty much just gambling.
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Thats how Ive handled my real money. My day gambling, oops I mean trading has just been to fill some time while SIP and I am just using some petty cash.
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The play I am setting up for is going to be a huge straddle on the SPY on election night. I will probably take some money off the table the day before. But I can almost guarantee that the day after the election is going to either go way up or way down, thus the straddle.
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When you post in this thread, you seem infinitely smarter than when you post in other threads.

It's honestly just amazing.

I enjoy your postings in here and learn a lot from them.
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You might make 15%.

Big whoop.

You can double your money on some of these pandemic plays.
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Yeah, you go "double your money" in those plays. It might help offset the net losses you end up taking thinking you are smarter than the market.

And you're an idiot if you think 15% is what someone would make. Since you are buying options you could easily walk away with a 200% to 500% return. But I wouldn't expect you to understand these complexities.
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