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How do you deal with a MASSIVE stock gain?

$SOXL in the last few weeks has fucked me up beyond belief. ...
flesh property factory reset button
  07/31/24
lol @ paying tax, just get a loc against your equity and use...
Mind-boggling ebony meetinghouse
  07/31/24
Please give a dumb links, did not know was possible with my ...
flesh property factory reset button
  07/31/24
Interactive brokers margin loan rates sit at 6-7% now
appetizing brindle faggot firefighter
  07/31/24
Same with merrill or virtually any other brokerage LTCG r...
flesh property factory reset button
  07/31/24
this is one of the arrangements you can establish with priva...
Mind-boggling ebony meetinghouse
  07/31/24
FURK
overrated snowy famous landscape painting idea he suggested
  07/31/24
Imagine you need much more than $1mm for that? And it's s...
flesh property factory reset button
  07/31/24
i can't imagine a brokerage would lend you 100% ltv on $SOXL...
harsh floppy mediation clown
  07/31/24
welcome to xo! there is no wrong answer here, friend. you're...
Cerebral talking senate feces
  07/31/24
Kinda a curse because you think you own that money and then ...
flesh property factory reset button
  07/31/24
sell CC's at a price you are willing to exit at.
fluffy pea-brained cuckold
  07/31/24
This is TCR. Have done it before but with $IEP Either tha...
flesh property factory reset button
  07/31/24
this should be the end of the thread but it will be igno...
Thriller vengeful locus chad
  08/01/24
I sold 5 this morning before dip. Lmao lot of good it's doin...
flesh property factory reset button
  08/01/24
sell half, keep half-- take some profit, enjoy
cyan rambunctious school cafeteria pozpig
  07/31/24
sell some, keep some. never lose, always win. choose rich
Marvelous aqua halford principal's office
  07/31/24
LJL SOXL isnt for long term hold just sell faggot, i just so...
overrated snowy famous landscape painting idea he suggested
  07/31/24
...
Cerebral talking senate feces
  07/31/24
Just slide and let do.
Dull Swashbuckling Queen Of The Night Alpha
  07/31/24
if you were going to donate to charity, i think giving massi...
harsh floppy mediation clown
  07/31/24
Lmao kill me
flesh property factory reset button
  08/01/24
describe your losses today
appetizing brindle faggot firefighter
  08/01/24
$155,399 Also had TQQQ & it's plunging AH luckily ...
flesh property factory reset button
  08/01/24
jfc, thats one way to deal with a massive stock gain
appetizing brindle faggot firefighter
  08/01/24
very true!!
flesh property factory reset button
  08/01/24
fuck this is a bad day brother
harsh floppy mediation clown
  08/01/24
holy vishnu
overrated snowy famous landscape painting idea he suggested
  08/02/24
JFC -- always mindfucked how people always have such an &quo...
sooty buck-toothed theater police squad
  08/01/24
I still haven't sold I won't during a crash But holy s...
flesh property factory reset button
  08/01/24
you can defer it a couple years with a opportunity fund
aromatic nursing home boistinker
  08/01/24
another tough day incoming
appetizing brindle faggot firefighter
  08/02/24
it will end in the green.
fluffy pea-brained cuckold
  08/02/24
cope more, Trumpkin
Histrionic aquamarine heaven
  08/02/24
All i can do is LMAO
flesh property factory reset button
  08/02/24


Poast new message in this thread



Reply Favorite

Date: July 31st, 2024 8:55 AM
Author: flesh property factory reset button

$SOXL in the last few weeks has fucked me up beyond belief. Bought shitloads (over $100k) in 2022 when it was $5-6, went up to $58, back down to $38 yesterday, premarket it's $42.

I expect it'll eventually get to $60 area again, but literally can't stomach the thought of another seesaw. Want to die.

Should I sell for massive LTCG? Or will 3x funds just always increase

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912540)



Reply Favorite

Date: July 31st, 2024 8:59 AM
Author: Mind-boggling ebony meetinghouse

lol @ paying tax, just get a loc against your equity and use that for working capital. even @ 8-11% that's way less than cap gains



(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912550)



Reply Favorite

Date: July 31st, 2024 9:05 AM
Author: flesh property factory reset button

Please give a dumb links, did not know was possible with my meagre shares

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912573)



Reply Favorite

Date: July 31st, 2024 9:09 AM
Author: appetizing brindle faggot firefighter

Interactive brokers margin loan rates sit at 6-7% now

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912584)



Reply Favorite

Date: July 31st, 2024 10:29 AM
Author: flesh property factory reset button

Same with merrill or virtually any other brokerage

LTCG rates max out at 20%

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912946)



Reply Favorite

Date: July 31st, 2024 9:14 AM
Author: Mind-boggling ebony meetinghouse

this is one of the arrangements you can establish with private banking. you keep your brokerage account under management and the bank issues use a loc. you might pay a management fee (in our case, .65%) but the tax savings absolutely dwarf that.

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912602)



Reply Favorite

Date: July 31st, 2024 9:22 AM
Author: overrated snowy famous landscape painting idea he suggested

FURK

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912636)



Reply Favorite

Date: July 31st, 2024 10:28 AM
Author: flesh property factory reset button

Imagine you need much more than $1mm for that?

And it's self managed by me because I am a retard

They wouldn't possibly issue a loc for $SOXL. That's a lot of downside risk. Or am I an idiot?

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912940)



Reply Favorite

Date: July 31st, 2024 10:33 AM
Author: harsh floppy mediation clown

i can't imagine a brokerage would lend you 100% ltv on $SOXL, not sure though

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912965)



Reply Favorite

Date: July 31st, 2024 8:59 AM
Author: Cerebral talking senate feces

welcome to xo! there is no wrong answer here, friend. you're playing with house money! and congrats!

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912552)



Reply Favorite

Date: July 31st, 2024 9:06 AM
Author: flesh property factory reset button

Kinda a curse because you think you own that money and then poof it goes

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912580)



Reply Favorite

Date: July 31st, 2024 9:10 AM
Author: fluffy pea-brained cuckold

sell CC's at a price you are willing to exit at.

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912585)



Reply Favorite

Date: July 31st, 2024 10:30 AM
Author: flesh property factory reset button

This is TCR. Have done it before but with $IEP

Either that or just take LTCG hit

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912951)



Reply Favorite

Date: August 1st, 2024 4:54 PM
Author: Thriller vengeful locus chad

this should be the end of the thread

but it will be ignored

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918533)



Reply Favorite

Date: August 1st, 2024 4:56 PM
Author: flesh property factory reset button

I sold 5 this morning before dip. Lmao lot of good it's doing me!!

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918535)



Reply Favorite

Date: July 31st, 2024 9:18 AM
Author: cyan rambunctious school cafeteria pozpig

sell half, keep half-- take some profit, enjoy

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912621)



Reply Favorite

Date: July 31st, 2024 9:18 AM
Author: Marvelous aqua halford principal's office

sell some, keep some. never lose, always win. choose rich

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912622)



Reply Favorite

Date: July 31st, 2024 9:21 AM
Author: overrated snowy famous landscape painting idea he suggested

LJL SOXL isnt for long term hold just sell faggot, i just sold mine premarket after a week holding or so, i was down BIG yestterdafy but its up 13% premarket

i was such a retard i shld have held my prior SOXL im so dumb fuk me but that shit is dangerous

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912632)



Reply Favorite

Date: July 31st, 2024 9:31 AM
Author: Cerebral talking senate feces



(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912658)



Reply Favorite

Date: July 31st, 2024 10:34 AM
Author: Dull Swashbuckling Queen Of The Night Alpha

Just slide and let do.

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47912968)



Reply Favorite

Date: July 31st, 2024 10:42 AM
Author: harsh floppy mediation clown

if you were going to donate to charity, i think giving massively appreciated stock is the most tax effective way to do it

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47913003)



Reply Favorite

Date: August 1st, 2024 4:36 PM
Author: flesh property factory reset button

Lmao kill me

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918470)



Reply Favorite

Date: August 1st, 2024 4:36 PM
Author: appetizing brindle faggot firefighter

describe your losses today

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918473)



Reply Favorite

Date: August 1st, 2024 4:38 PM
Author: flesh property factory reset button

$155,399

Also had TQQQ & it's plunging AH

luckily no INTC past etfs

fuck me hard in the ass

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918482)



Reply Favorite

Date: August 1st, 2024 4:39 PM
Author: appetizing brindle faggot firefighter

jfc, thats one way to deal with a massive stock gain

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918483)



Reply Favorite

Date: August 1st, 2024 4:43 PM
Author: flesh property factory reset button

very true!!

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918493)



Reply Favorite

Date: August 1st, 2024 6:01 PM
Author: harsh floppy mediation clown

fuck this is a bad day brother

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918768)



Reply Favorite

Date: August 2nd, 2024 11:59 AM
Author: overrated snowy famous landscape painting idea he suggested

holy vishnu

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47921001)



Reply Favorite

Date: August 1st, 2024 4:48 PM
Author: sooty buck-toothed theater police squad

JFC -- always mindfucked how people always have such an "all or nothing" mindset in these contexts.

Just put in orders sell 100 shares / week at market price -- sell slowly over 3 years.

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918505)



Reply Favorite

Date: August 1st, 2024 4:50 PM
Author: flesh property factory reset button

I still haven't sold

I won't during a crash

But holy shit man

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918514)



Reply Favorite

Date: August 1st, 2024 6:27 PM
Author: aromatic nursing home boistinker

you can defer it a couple years with a opportunity fund

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47918848)



Reply Favorite

Date: August 2nd, 2024 9:10 AM
Author: appetizing brindle faggot firefighter

another tough day incoming

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47920297)



Reply Favorite

Date: August 2nd, 2024 9:12 AM
Author: fluffy pea-brained cuckold

it will end in the green.

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47920300)



Reply Favorite

Date: August 2nd, 2024 9:13 AM
Author: Histrionic aquamarine heaven

cope more, Trumpkin

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47920304)



Reply Favorite

Date: August 2nd, 2024 12:10 PM
Author: flesh property factory reset button

All i can do is LMAO

(http://www.autoadmit.com/thread.php?thread_id=5567390&forum_id=2...id#47921054)