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  1. JohnDB

    Traders and Investors

    Well...it's more about self discipline. That penny stock you were looking at... Do you know from looking at the charts why you would have chosen it if you did decide to play it? At what point would you likely have been able to jump in and ride it knowing what direction it was going to move...
  2. JohnDB

    Traders and Investors

    Did you look at those things I suggested you study? They help a lot. I used all of them today. If I had hung in there with Amazon I would have made even more...but hogs get slaughtered.
  3. JohnDB

    Traders and Investors

    Yeah it would have... Are you about to start trading for the day? You seen how I did. Let me know how you do today...
  4. JohnDB

    Traders and Investors

    Right now the plan is to watch SA and RETA at opening Bell...maybe BIO as well... Keep an eye on the sentiment. If I get bored I can possibly make a play on Forex...but it's not really my thing. Meh... other things are more important.
  5. JohnDB

    Traders and Investors

    I shoulda been more skiddish on RETA today than I was... All in all two day total is $1,750.... I jumped out clean even though the day is still going. (Hogs get slaughtered) Amazon is still tanking...could a stayed a bit longer in but why? I hit my targets for the day. And that is discipline...
  6. JohnDB

    Traders and Investors

    None of the stocks I'm playing with are going out of business...not by a long shot. Amazon (which I'm shorting again today) hit a high price that was unreasonable for all the news they have put forward... Everyone is saying it's going to go down $200 of a $3,400 stock... I agree...so I sold...
  7. JohnDB

    Traders and Investors

    Not really perverse... It's just a reverse order of buying low and selling high.
  8. JohnDB

    Traders and Investors

    Now looking at the "R" dumps for shorting the market... GME has several of them... SA has a few. And we are looking for a good climb on the way up...might be today but it might be tomorrow too. RETA is slogging along. So far...at the moment I'm up $1,100 for two days.
  9. JohnDB

    Traders and Investors

    In and out of gamestop... pulled $719 out of the short so far...it's a falling knife.
  10. JohnDB

    Traders and Investors

    Actually...us old guys do it calmly...got computers for it all now... keeps the screaming all inside the house. I was screaming, fuming and generally nervous yesterday. It was the first time in 30 years I had done this and I was really sweating the software. I used to do everything with paper...
  11. JohnDB

    Traders and Investors

    It really isn't. Yesterday I played for the first time in 30 years and had a good day... The fundamentals haven't changed nor have the rules. To me, it's kinda boring and easy...but with my physical limitations it kinda makes sense for me to do this now. All those boring classes at school...
  12. JohnDB

    Traders and Investors

    I get that...but wishes aren't horses. And understanding market fundamentals is what makes money....that and the basic understanding that the market is bipolar in action. They always overreact to anything. And that can make you money... you have to do and be positioned for the exact opposite...
  13. JohnDB

    Traders and Investors

    This is why I'm saying RETA...it's got great fundamentals and is poised for the upside of the spring.
  14. JohnDB

    Traders and Investors

    Penny stocks are a good play...but it depends on sentiment. Study what a wycoff spring is... There are a lot of plays to be made off of one. Up and down... And when the picture is perfect...jump hard and hold on for the ride.
  15. JohnDB

    Traders and Investors

    Silver is a squeek up in the overnight... Dump it at the bell
  16. JohnDB

    Traders and Investors

    You need cash or blue chips though for a short sell... usually unless they have changed in the last 30 years. Alphabet looks great from the opening Bell... Check out RETA....it looks good as well today.
  17. JohnDB

    Traders and Investors

    Sell before you buy... You have an account right? They understand what a short sell is.
  18. JohnDB

    Traders and Investors

    Cut your losses and take the lesson...I'd short it and instead make a play on seabridge gold.
  19. JohnDB

    Traders and Investors

    Yeah... Watch that opening Bell. Then jump in as the orders are usually piled in heavy...no telling how a market price order will play out. Then watch the closing bell too as everyone dumpsters the day. You can ride it up or down...
  20. JohnDB

    Traders and Investors

    The plan for today is to short GME...but watch out for the opening Bell Bio rad did me dirty yesterday....hope it goes up today or I'm cutting my losses. Bezos quit his job...the temptation to short is overwhelming. Gonna pay attention to aunt RITA today...might just jump in. @iforrest