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Old 06-27-2016, 11:23 AM  
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 12-03-2021, 09:05 AM   #11866
mr. tegu mr. tegu is offline
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Here we go some more!

Made 3% on a day trade and now sitting out the rest of the day. Too choppy and I’m not giving away my capital.

Nice. Everything dropping quickly out of the gate again in my long term stocks. Numerous 6% drops.
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Old 12-03-2021, 09:12 AM   #11867
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****ing AMC. Dumping this loser before close.
Keep guessing and buying stocks in clear down trends, cow!
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Old 12-03-2021, 09:14 AM   #11868
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by mr. tegu View Post
Nice. Everything dropping quickly out of the gate again in my long term stocks. Numerous 6% drops.
Opportunity pounding on your door bro. You gonna open?
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Old 12-03-2021, 09:14 AM   #11869
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Keep guessing and buying stocks in clear down trends, cow!
Better to buy too soon than too late.

I won't lose money on this you son of a bitch.
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Old 12-03-2021, 09:25 AM   #11870
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Looking at AMC chart,,,,risky trade,,,,might look to buy at $27 or just under and ride it up to low $30's if I were a trader
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Old 12-03-2021, 09:27 AM   #11871
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commatard on the loose!

definitely dumping AMC if commatard is buying.
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Old 12-03-2021, 09:30 AM   #11872
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Better to buy too soon than too late.

I won't lose money on this you son of a bitch.


That makes no sense. Buy stocks in uptrends for trades, don’t guess on a stock trending down for when it will reverse as that’s much more difficult to time.
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Old 12-03-2021, 09:31 AM   #11873
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Why are people so focused on amc?
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Old 12-03-2021, 09:35 AM   #11874
Hog's Gone Fishin Hog's Gone Fishin is offline
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I'm getting so ****ing excited!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I've got to go clean black mold from a rental now. BTW I bought MOAR!!!!!!!!!
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Old 12-03-2021, 09:35 AM   #11875
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Why are people so focused on amc?
It's a "get rich quick" play under the belief that eventually it will cause a short squeeze and go through the roof (though we've been waiting for that for like 6 months now).

Beyond that, some are just trying to make a little money on the volatility. It's basically cycled back and forth between ~$30 and ~$50 for months now, so if you figure that can continue, you can buy on the low end and sell on the high end. Of course, it's probably truly only worth about ~$2, so you run the risk of it crashing down to earth at some point.
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Old 12-03-2021, 09:39 AM   #11876
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It's a "get rich quick" play under the belief that eventually it will cause a short squeeze and go through the roof (though we've been waiting for that for like 6 months now).

Beyond that, some are just trying to make a little money on the volatility. It's basically cycled back and forth between ~$30 and ~$50 for months now, so if you figure that can continue, you can buy on the low end and sell on the high end. Of course, it's probably truly only worth about ~$2, so you run the risk of it crashing down to earth at some point.

I get the volatility aspect but there are plenty of big movers to consider that aren’t talked about as much. Seems like maybe it consists of people upset they missed the huge growth.
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Old 12-03-2021, 09:39 AM   #11877
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That makes no sense. Buy stocks in uptrends for trades, don’t guess on a stock trending down for when it will reverse as that’s much more difficult to time.
It is very hard to guess when a stock is going to KEEP rising.

You buy it when it's going up it might get dumped shortly thereafter. Good way to become a goddamn bag holder.

I'd rather play it conservatively. I'll buy at 52-week or 6-month lows and bet on it going up in the short term. That has worked well for me.
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Old 12-03-2021, 09:40 AM   #11878
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I am not liking this market at all. Heavy selling into every up move. Market internals look like shit, overblown fear about Omicron......

If you are a long term investor I would be ready to start dipping in but I would go slow....
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Old 12-03-2021, 09:53 AM   #11879
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we push much lower and we are going to have an outside day which can be good but yet still not good..

What is an outside day, you ask??

https://www.investopedia.com/terms/o...dereversal.asp
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Old 12-03-2021, 09:56 AM   #11880
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It is very hard to guess when a stock is going to KEEP rising.

You buy it when it's going up it might get dumped shortly thereafter. Good way to become a goddamn bag holder.

I'd rather play it conservatively. I'll buy at 52-week or 6-month lows and bet on it going up in the short term. That has worked well for me.
That’s not playing conservatively, that’s more risky than my trading.

It’s what most people think and it’s why 90% of traders lose. A “cheap” stock is many times cheap for a reason and it’s harder for individual stocks to reverse a trend than continue a current one. That’s why you buy stocks while they trend higher and set stop losses on moves up to decrease downside risk and lock in made gains.

It’s ok if you don’t want to learn though. I’ve provided plenty of education in here and some people just prefer guessing without a plan, which is how you become a bag holder.
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