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03-02-2021, 08:50 AM | #8071 |
Grand champ
Join Date: Sep 2007
Casino cash: $82369
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Posts: 45,669
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03-02-2021, 08:52 AM | #8072 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $771110
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FRX should change their symbol to FUX or SUX
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,955
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03-02-2021, 08:56 AM | #8073 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7194386
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Posts: 11,434
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03-02-2021, 08:58 AM | #8074 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2710478
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You must learn patience.
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Chiefs game films |
Posts: 289,122
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03-02-2021, 09:22 AM | #8075 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $771110
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Not when your trading options that expire on Mar 19th
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 52,955
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03-02-2021, 10:20 AM | #8076 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $314734
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Posts: 58,240
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03-02-2021, 12:44 PM | #8077 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-159523
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Anybody follow this guy? He's an absolute blast to listen to . He must guzzle Red Bulls by the case. He's heavy into AMC and gives a ton of explanations about it throughout this video. I just found him this morning and had to watch this whole damn video and now I'm behind on my rat killin. And yeah, I'm in for 200 shares now dammit!
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Posts: 40,646
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03-02-2021, 12:46 PM | #8078 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2710478
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I'll buy AMC at close.
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Chiefs game films |
Posts: 289,122
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03-02-2021, 12:53 PM | #8079 |
It was not a fair catch
Join Date: Aug 2012
Location: Correcting papers
Casino cash: $942630
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Up 12k Monday.
This is why I should not look at it every day
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#investigatecarlcheffers |
Posts: 38,524
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03-02-2021, 01:04 PM | #8080 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $1470526
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There is nothing at AMC's chart that would tell me to buy into them, again.
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Adopt-A-Chief: John Dorsey
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Posts: 18,469
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03-02-2021, 01:15 PM | #8081 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-68100
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So we’ve got some in on ZOM here?
What’s selling target on this? Chart isn’t terrible. |
Posts: 46,154
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03-02-2021, 01:16 PM | #8082 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-68100
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Posts: 46,154
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03-02-2021, 01:29 PM | #8083 | |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $288244
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Quote:
Which stocks or investments are considered long term holds and how is it determined? Where do people put the profits from swing trades? Other than more swing positions that is. |
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Posts: 35,581
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03-02-2021, 01:48 PM | #8084 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-68100
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Quote:
Read my long post on selling. Swing trading is about small gains and trimming out of stocks with 5-10% gains and raising stops to breakeven. Trying to be 50-60% successful and having gains double your loss percentage. I only hold long term stocks that have good fundamentals. While swing trading is all about technicals and charts, I don’t care if it’s a good company long term. I’m trading stocks on current action which is taken solely from the chart. Profits are just moved to the sideline until other setups are found for entry. Mid February I was 100% invested. With the drop at end of February I was only 30% invested. Today I’m 50% invested until I see where this market heads and I find new setups I like. The biggest mistake is rushing to get back into trades if the market is trending down. This just gets you stopped out and results in too much failure. Example of some recent moves. I bought PYPL and SQ on Friday as they retraced prior breakouts. Today I sold both for 6% profit. That money is now on sidelines. Monday I initiated AAPL position on retrace too, and today I sold 50% of that position for 4.25% gain. I moved stop on remaining position to breakeven. I bought shares of COOP last week on its new breakout and today it’s at net profit of 7% for me. I trimmed 50% of position there today and raised stop on rest to previous days low. I will see if this runs to 10-15% profit and get out. Got into ENPH today on what I hoped was a light pullback at 181. I set stop loss at 175 right after purchase. I got stopped out 2 hours later for 3.3% loss. I thought entry was a small enough risk to take but it didn’t rebound. But that’s what assessing risk does for you, 3.3% of a full position is only .4% of my total account value. Hope that helps. |
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Posts: 46,154
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03-02-2021, 02:21 PM | #8085 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7194386
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You're gonna be happy and disappointed in me lewdog. I bought into RKT at open this morning, made a quick $1500, took my gains and sold.
But then I spent that $1500 on more AMC. |
Posts: 11,434
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