Whoops im down 200 bucks, will it go up? AAAAAAAAAA

    • windowsxp [she/her]
      ·
      edit-2
      4 years ago

      Oof, lol. Keep holding, I think itll peak above 120 this week near market close. Welcome to gambling on wall street.

      To really make it you need a diamond will and the ability to stomach a lot of risk and short term loss and not immediately turn away. You also need to know when to cut losses, lol. GME remains the most shorted stock out there and the infinity squeeze hasnt hit hard yet. If you cant stomach a lot of risk, just set your price at like 110 or something so you make a little money.

      Also, keep in mind that half the people on wall street bets that made a lot of money just do the opposite of what the other half say to do, lol. It's really important to study the Greeks (alpha, gamma, theta, etc) and do your own due diligence and make your own thesis on a stock or option. If you dont want to put in that work, just invest in an index fund or something big like coke and just wait 20 years.

      edit: oh yeah, I'm not a financial advisor and this should not constitute financial advice, blah blah blah. Don't take advice of internet people.