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Trying to Stay Positive

alfreddy7 profile image
5 Replies

The stock market has been taking a tumble and I lost a lot of money this past month. I almost got nothing left.

I’ve been trying to stay positive and not letting get the best of me.

Now I know why they called it the Great Depression :(

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alfreddy7 profile image
alfreddy7
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5 Replies
BlueSky125 profile image
BlueSky125

Yeah the last month has been difficult. What do you currently own?

alfreddy7 profile image
alfreddy7 in reply to BlueSky125

My current options are:SPCE

NIO

FUBO

PENN

CCIV

SOS

ORCL

GEVO

WKHS

DNN

QELL

APPL

Shares:

SNAP

NAKD

IPDN

1 penny stock:

ILUS

BlueSky125 profile image
BlueSky125 in reply to alfreddy7

I looked at the charts. Most other than orcl,penn and qell I would look at where the next level of support is and set a stop below. For example Snap has alot of support around 48. So maybe 47.50. Depending on how far you are down on the options you may want to continue to hold those as well.

alfreddy7 profile image
alfreddy7 in reply to BlueSky125

Hi blue sky Thanks for the advice

I have calls that expire mid April. I gotta get rid of those soon, hopefully I get some money from them.

The rest expire later in the year. I’m not to worried about those.

Are you holding anything right now or buying any good dips?

alfreddy7 profile image
alfreddy7

Hello Lessthanone,

Hope you are doing better now.

Today was not as bad as the last few weeks of trading. I’m not up by a lot but any gain is something better than nothing.

Hopefully all greens from now and on.

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