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Misc Stock Market

Jimmy Hypocracy said:
Speaking of KXIN...that thing has been a day trader’s gold mine and it’s going to blow again soon. Buy 3.70’s/3.80’s set stop under 3.60 has been the recipe. It’s coiled tight. Low float. Should provide 100% again. Sooner rather than later. Has had quite a few false starts this month already.View attachment 68315
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What app is that?
 
Jimmy Hypocracy said:
Speaking of KXIN...that thing has been a day trader’s gold mine and it’s going to blow again soon. Buy 3.70’s/3.80’s set stop under 3.60 has been the recipe. It’s coiled tight. Low float. Should provide 100% again. Sooner rather than later. Has had quite a few false starts this month already.View attachment 68315
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Didn't you lose 500 day trading the other day
 
Broken024 said:
Didn't you lose 500 day trading the other day
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In my defense, my hands have gotten weak over the last several months. I set tight stops now that have recently been triggering before stocks run back up well above my initial buy in. I traded PLAG several months ago and it really screwed with my head. Bought $10k worth in 1.70’s and watched it go to 2.50 and back 3-4 times without ever taking profit. Then finally selling at 2.25 and watching it spike above $3 a few days later. That trade really hurt me mentally.
 
I bought MYO today at $12, got stopped out under 11.50 then they ran it to $14. Prime example of how I’ve been losing lately. I think the fact that I haven’t done my taxes yet is hurting my strategy a bit also. I would rather not lose more than I owe for last year.

All in all I can’t complain. I’m up 85% in less than a year but there’s no denying I need to find my rhythm again.
 
Jimmy Hypocracy said:
I bought MYO today at $12, got stopped out under 11.50 then they ran it to $14. Prime example of how I’ve been losing lately. I think the fact that I haven’t done my taxes yet is hurting my strategy a bit also. I would rather not lose more than I owe for last year.

All in all I can’t complain. I’m up 85% in less than a year but there’s no denying I need to find my rhythm again.
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Yea you need to pull out whatever you owe in taxes now. Don't get ------ double time on losses
 
Is it bad I am salivating over the coming crash? It will reset the market and as bad as it sounds get rid of all the normies like me lol. Except I don’t plan on quitting , gonna buy up all the cheapies when it crashes and ride the long few years recovery .
 
This is getting crazy AF
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Sent from my iPhone using Tapatalk
 
In some ways it’s a curse to have super mega omega Diamond hands. These guys will hold from .01 to $20.00 back to .005

the market is tough. It’s a mental game and most are not cut out for it.
 
I bought 10k worth of WPF last week at 10.95. Sold @ 11.50. Announced merger with alight the next day and it went over $15. I mean the list goes on. Hindsight and all.
 
Jimmy Hypocracy said:
I bought 10k worth of WPF last week at 10.95. Sold @ 11.50. Announced merger with alight the next day and it went over $15. I mean the list goes on. Hindsight and all.
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Dude I had 2.5 million shares of a stock that got up to about 0.47$ this week. Sure I've made great money but if I just fell asleep for the past three months I'd have woke up to 1.2 million. Its tough to play the game
 
Thor said:
Dude I had 2.5 million shares of a stock that got up to about 0.47$ this week. Sure I've made great money but if I just fell asleep for the past three months I'd have woke up to 1.2 million. Its tough to play the game
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Man I feel your pain. Owned ZOM at .07 and PRTY @ .30

it’s tough looking back but I know everyone else feels the same way. So that makes it easier.
 
KyloG said:
Every tech stock chart looks the same over the past 12-18 months and now really weak companies like GME are up 10x over the past month. How is the end of all this not near....

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Correction has to be coming. It’s going to happen quickly when it does and it won’t be fun for people who just bought. I can’t even think of anything safe right now other than stocks that haven’t seen much growth, such as value stocks, as they can only drop so much. But techs could dump bigly. I’m at a loss on this market. Stocks only go up until....they don’t.
 
Jon said:
Correction has to be coming. It’s going to happen quickly when it does and it won’t be fun for people who just bought. I can’t even think of anything safe right now other than stocks that haven’t seen much growth, such as value stocks, as they can only drop so much. But techs could dump bigly. I’m at a loss on this market. Stocks only go up until....they don’t.
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Yeah , think my MVIS is at risk lol.
 
Jon said:
Correction has to be coming. It’s going to happen quickly when it does and it won’t be fun for people who just bought. I can’t even think of anything safe right now other than stocks that haven’t seen much growth, such as value stocks, as they can only drop so much. But techs could dump bigly. I’m at a loss on this market. Stocks only go up until....they don’t.
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That’s why I have been trading more SPACs lately since they have $10-$11 floor. I think those will continue to do all and value stocks.

My IRA’s will look much different over the coming months.
 
Just some red meat to chew on here:

Kobe Krypto on Twitter: "Could be wrong but structure on all indexes except $DJI indicate a parabolic move coming in mid-late 2021. Dow Jones breaking this megaphone pattern confirms we should go into a bubble #NASDAQ structure looks almost exactly like it did in 98 before the dot com bubble went crazy. https://t.co/bhnaoHGFQX" / Twitter

I don't follow him, but I found this interesting. Nasdaq structure "is" eerily similar to the 1998-2000 story and it's actually "not" in the end stage period. It'd be too perfect if it followed it to the exact number, but given that we have no clue about rates or QE, this is why I've been hinting at this probably not being close to done (if it is close to done, we'll see no February weakness, IMO).

BTW: He does think pullback soon (while I don't follow, this has been a guy in which I've occasionally read his comments) and felt it'd be healthy.

Personal opinion would be any move that doesn't lose 11kish at the lowest in the Nasdaq probably ends up being a buy the dip, for now. Things have gotten so whack though that the 50 and 100 day MAs are above 12k. Absolutely crazy.
 
Thor said:
Dude I had 2.5 million shares of a stock that got up to about 0.47$ this week. Sure I've made great money but if I just fell asleep for the past three months I'd have woke up to 1.2 million. Its tough to play the game
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Was that TSNP?
 
Lickwx said:
I got into AMC this morning , tried to last night but td wasn’t having it . 8 shares is all I got lol. Won’t matter if it goes the way of GME.
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I had the buy button ready to go with 800 shares 1st thing this morning and didn't have the nerve to pull the trigger. Less than an hour later it was up $3 I am an idiot
 
metwannabe said:
I had the buy button ready to go with 800 shares 1st thing this morning and didn't have the nerve to pull the trigger. Less than an hour later it was up $3 I am an idiot
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It’s worth it, I got in at 10 lol. You missed out man ! Got to be like the WSB kids and say ---- it. See paying your mortgage and insurance doesn’t matter , it’s about this rocket ride to the moon ! ? ?
 
snowlover91 said:
Nice call here did you buy in? I got in the 7s yesterday and it’s a double already LOL.
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I’m watching from the sidelines. I wanted to make a play on EXPR at $3 but opted out on the moon ride. I’m living vicariously through you guys. Burn it down.
 
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