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Author Topic: example of being greedy  (Read 2984 times)

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Offline darkhelmet

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example of being greedy
« on: June 11, 2020, 08:19:45 PM »
Hmong dude should have sold on Jun 8 for $21k gain. 

Still on June 9, with $700 gain, dude didn't sell.

Today, dude is in the red -$7000.




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Offline hmgROCK

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Re: example of being greedy
« Reply #1 on: June 11, 2020, 09:19:06 PM »
darkhelmet what you think of this trade by me??

i saw $F  ford testing the $5 mark
it look like it want to break free
i purchase $20k worth at $5ish
let it ride and sold at $7ish (it tank shorty after ... and today)
 
screen shot from my robinhood account O0


« Last Edit: June 11, 2020, 09:21:19 PM by hmgROCK »

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Offline hmgROCK

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Re: example of being greedy
« Reply #2 on: June 11, 2020, 09:22:36 PM »
Hmong dude should have sold on Jun 8 for $21k gain. 

Still on June 9, with $700 gain, dude didn't sell.

Today, dude is in the red -$7000.



buy low, sell high
can't be greedy

espically these small cap penny stock

once, you win
collect your money and run for the hill O0

you gotta know how to sell too man
don't get too attach to them


« Last Edit: June 11, 2020, 09:24:39 PM by hmgROCK »

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Offline darkhelmet

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Re: example of being greedy
« Reply #3 on: June 12, 2020, 06:23:44 AM »
darkhelmet what you think of this trade by me??

i saw $F  ford testing the $5 mark
it look like it want to break free
i purchase $20k worth at $5ish
let it ride and sold at $7ish (it tank shorty after ... and today)
 
screen shot from my robinhood account O0


Very nice bro.  Nice gains.  I have F too in one of my play account.  I won't sell until $9.


« Last Edit: June 12, 2020, 06:46:44 AM by darkhelmet »

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Offline hmgROCK

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Re: example of being greedy
« Reply #4 on: June 12, 2020, 09:46:59 AM »
Very nice bro.  Nice gains.  I have F too in one of my play account.  I won't sell until $9.

i don't see it hitting $9 in short term
maybe in 1-3 year
and i don't feel good holding it that long
too many uncertainly

that just my analysis



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Offline hmgROCK

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Re: example of being greedy
« Reply #5 on: June 12, 2020, 09:48:52 AM »
damn that hmong bro

why he holding all energy stock???
sheesh man...
have a little bit of diversificatio O0

little bit of banking, travel, tech, hospital,
O0



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Offline darkhelmet

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Re: example of being greedy
« Reply #6 on: June 12, 2020, 10:19:24 AM »
i don't see it hitting $9 in short term
maybe in 1-3 year
and i don't feel good holding it that long
too many uncertainly

that just my analysis

I hold these long terms.  I don't do short terms because they kill me on taxes.

I only sell if I have to otherwise, I keep accumulating when they dip.

Gotta look at the future value, I don't worry about the everyday up and down.



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Offline hmgROCK

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Re: example of being greedy
« Reply #7 on: June 12, 2020, 10:26:54 AM »
I hold these long terms.  I don't do short terms because they kill me on taxes.

I only sell if I have to otherwise, I keep accumulating when they dip.

Gotta look at the future value, I don't worry about the everyday up and down.

you need a good CPA accounting
start writing shyt off
office space in your house,,, write that shyt off
supply and equipment... etc...


amazon pay zero federal tax
they got some good accounting team
they just write shyt off




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Offline darkhelmet

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Re: example of being greedy
« Reply #8 on: June 12, 2020, 10:39:35 AM »
you need a good CPA accounting
start writing shyt off
office space in your house,,, write that shyt off
supply and equipment... etc...


amazon pay zero federal tax
they got some good accounting team
they just write shyt off

I already do those write-offs, but can't be writing off the same equipments every year LOL

Already writing off my cell phone, internet, utilities, home office, anything I can think of.

Bought a shytload of papers, pens, envelopes, etc... lifetime supply, never gonna use it all ....  shyt I don't have any overhead costs too.

All I really need is just my computer.

Already maxed my wife and my Roth and my SEP.

Next I'm looking at employing my wife and setting her with no salary and just fund her retirement plan through my company. 


« Last Edit: June 12, 2020, 10:42:08 AM by darkhelmet »

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Offline hmgROCK

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Re: example of being greedy
« Reply #9 on: June 12, 2020, 11:28:48 AM »
I already do those write-offs, but can't be writing off the same equipments every year LOL

Already writing off my cell phone, internet, utilities, home office, anything I can think of.

Bought a shytload of papers, pens, envelopes, etc... lifetime supply, never gonna use it all ....  shyt I don't have any overhead costs too.

All I really need is just my computer.

Already maxed my wife and my Roth and my SEP.

Next I'm looking at employing my wife and setting her with no salary and just fund her retirement plan through my company.

buy car, server, equipment, hire housekeeper, expand, invest, building etc..

the goal is to pay $0 tax or as little as you can

if it comes to worst,
just donate <<<(big fan of this)
better off giving it to a charity of your choice than uncle sam WAR MACHINE
O0



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Offline hmgROCK

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Re: example of being greedy
« Reply #10 on: June 12, 2020, 11:59:42 AM »
example of greedy is two hmong brothers making million$ on stocks but won't buy me a beer! 

j/k...continue on!  :idiot2: :idiot2:

dude

i got the OFFICIALLY HMONG BEVERAGE OF CHOICE
down in the basement

you gotta invest in the stock market index (i wrote some starter guide in here, just read and ask)
CASH IS TRASH
need to start OWNING stuff





i purchase this house back when we were having those cheap housing bubble $40k
it's already value at $150k on zillow
not too shabby looking



« Last Edit: June 12, 2020, 12:03:57 PM by hmgROCK »

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Offline theking

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Re: example of being greedy
« Reply #11 on: June 12, 2020, 01:33:24 PM »

you gotta invest in the stock market index ..

Welps, so much for the ignorant claim of "NO SUCH THING AS STOCK MARKET INDEX"...

You have ZERO business in stocks if you don't even know something that super basic...what a FAIL (as usual).. ;D ;D



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Offline hmgROCK

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Re: example of being greedy
« Reply #12 on: June 15, 2020, 06:26:02 AM »
I hold these long terms.  I don't do short terms because they kill me on taxes.

I only sell if I have to otherwise, I keep accumulating when they dip.

Gotta look at the future value, I don't worry about the everyday up and down.

damn

$F  ford is looking delicious again
i will reenter once it hit $5 again  O0



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Offline darkhelmet

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Re: example of being greedy
« Reply #13 on: June 15, 2020, 09:11:58 AM »
damn

$F  ford is looking delicious again
i will reenter once it hit $5 again  O0

I got some at $4.  If they hit $5, I'm loading up more, can't go wrong.  I doubt they would ever let Ford die.



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Offline hmgROCK

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Re: example of being greedy
« Reply #14 on: June 15, 2020, 09:17:02 AM »
I got some at $4.  If they hit $5, I'm loading up more, can't go wrong.  I doubt they would ever let Ford die.

not a car guy
but i heard they make shtty car
except truck

hahah



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