Traders and Investors
- Thread starter JohnDB
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Well...
So far today the prediction I've made is good...
I thought that XTC was going to go up and it is baby!
Silver is also stupidly going up so I'm in as well...but I'll jump out on Wednesday no matter what. I'm more skiddish on glamour than others. Leave them other idiots to dump gamestop to buy in and go back to shorting gamestop at the same time.
And that's how playing dummies works.
So far today the prediction I've made is good...
I thought that XTC was going to go up and it is baby!
Silver is also stupidly going up so I'm in as well...but I'll jump out on Wednesday no matter what. I'm more skiddish on glamour than others. Leave them other idiots to dump gamestop to buy in and go back to shorting gamestop at the same time.
And that's how playing dummies works.
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
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
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...
After yesterday's massive drop in my Silver Mining shares, it only dropped 1.85% today, hopefully I see it rise a bit tomorrow.
Oh.... That I would probably do, unless if I have a good enough profit, where I can put the profit into another lot of shares. And yes I have an account.
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.
Alphabet looks great from the opening Bell...
Check out RETA....it looks good as well today.
Yes it seems that way.... It looks to be the same way with some other mining shares, some hold value better than others though.
Also there are penny stocks in Australia, there are shares you can get for a less for a cent, even 0.001 cent or 0.002 cent is possible, and with those you could double money in one day, but you can also lose half your money in one day. They can be high risk, but can be high reward.
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.
There would be many wishing they had invested long term in Alphabet, Apple, Amazon in their early days, or even in Tesla at the start of last year.
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 of what everyone else is doing.
When everyone is buying you are selling at a profit... when everyone has sold you are buying value.
I don’t understand the shares, but I have been following the games shares fiasco, I thought what the Reddit group did was brilliant. Played the big guys at their own game. My brother in law invests in stock, but not in a big way. I have no idea how anyone copes with the stress in buying and selling, looks absolutely crazy !!
Rita
Rita
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... economics, accounting, math and etc...
If you had paid attention it actually pays off.
And just because the big funds manipulate the market it doesn't matter one little bit. I use those guys to make my cheese. What they do is obvious...not paying attention is just dumb.
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When I mentioned the stress I was thinking of those working in walls street, on the floor.
Never did accounting or economics at school !!
Enjoy , and I hope you are successful x
Rita
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