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      01-29-2021, 08:46 AM   #5987
TheFanatic
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Drives: BMW 340i
Join Date: May 2020
Location: Wisconsin

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Quote:
Originally Posted by XKxRome0ox View Post
You can't knock cash
Cash IS a position and an important one

I couldn't buy GME because I didn't have enough cash sitting in my robinhood account
I had to sell other stuff which I hesitated to do
Then I had to wait for the deposit to clear which made me miss out on the better price
Each time my average cost went up

Someone I work with made over $700k daytrading shares starting last Friday
But he was able to do that because he had cash ready in the account
that's a damn good day! I missed my window for the gamestop but was prime to go in heavy with dogecoin cash was there just couldn't get in.
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