Truly a great thread
Dude, post your plays.Senor Butthead said:
two years salary over the course of 6.
Irish 2.0 said:
Thanks. LIke I said, never been good with understanding flags. Was just a little bored and thought I'd give it a shot
still ripping AH.McInnis 03 said:DWACW $17BrokeAssAggie said:
Trump just blew past $60.
Senor Butthead said:
I followed WSB and got lucky on FDs then blew up my account a lot, then came into a good bit of money, and blew my account up big time. Pretty much playing >7 dte SPY.
$GME GameStop Entering NFT And Cryptocurrency Markets As Part Of Turnaround Plan - WSJ https://t.co/ALzk4MzGBD
— LiveSquawk (@LiveSquawk) January 6, 2022
yeah but I was also gambling with money I couldn't afford to lose, it's a whole big thing. My risk tolerance was infinite, and I made stupid, stupid decisions. Expensive but very good lessons. Now instead of trading just to trade and be "in the market" so to speak, I am much more judicious with how and what I buy, and have a plan instead of pretending I'm already rich off of OTM calls.FJ43 said:Senor Butthead said:
I followed WSB and got lucky on FDs then blew up my account a lot, then came into a good bit of money, and blew my account up big time. Pretty much playing >7 dte SPY.
We've all had rough stretches if you've traded very long at all.
Narrow focus (SPY as an example) where you know something like the back you of your hand is a good approach IMO.
bought 2 1/21 60 c and sold for little over double and have one riding.Irish 2.0 said:Jan 6 (Reuters) - Former President Donald Trump's new media venture plans to launch its social media app Truth Social on Feb. 21, according to an Apple Inc App Store listing.$DWAC
— *Walter Bloomberg (@DeItaone) January 6, 2022
FJ43 said:Irish 2.0 said:
Thanks. LIke I said, never been good with understanding flags. Was just a little bored and thought I'd give it a shot
Looks like it took the bear flag approach with a quick drive by check. Tomorrow could be interesting.
OutlawAG04 said:FJ43 said:Irish 2.0 said:
Thanks. LIke I said, never been good with understanding flags. Was just a little bored and thought I'd give it a shot
Looks like it took the bear flag approach with a quick drive by check. Tomorrow could be interesting.
FJ- it looks like a nice doji on the daily spy and the 4 hour looks like it is hitting some pretty nice support. You still holding your 480 lottos?
Can you tell FUBODan Scott said:
CLOV moving with volume in after hours. Meme stocks are in rally mode
Senor Butthead said:yeah but I was also gambling with money I couldn't afford to lose, it's a whole big thing. My risk tolerance was infinite, and I made stupid, stupid decisions. Expensive but very good lessons. Now instead of trading just to trade and be "in the market" so to speak, I am much more judicious with how and what I buy, and have a plan instead of pretending I'm already rich off of OTM calls.FJ43 said:Senor Butthead said:
I followed WSB and got lucky on FDs then blew up my account a lot, then came into a good bit of money, and blew my account up big time. Pretty much playing >7 dte SPY.
We've all had rough stretches if you've traded very long at all.
Narrow focus (SPY as an example) where you know something like the back you of your hand is a good approach IMO.
Spoony Love said:
Bullish on Prasek's
start setting tight stop losses any time you jump in to scalp especially. Another tip I like, from drippy (on twitter), buy in on the dip, then as it runs up a little, set your stop at break even. Then you have a can't lose option, but keep in mind exit targets.Senor Butthead said:
I followed WSB and got lucky on FDs then blew up my account a lot, then came into a good bit of money, and blew my account up big time. Pretty much playing >7 dte SPY.
Depends on your convictions and how solid you feel about your assessment that breaking the rule IS going to make you money. The old Davy Crockett quote ~ "Just be sure you're right, then go ahead."denied said:
Breaking your rules.
I started trading for myself with a plan in August of '20 that I tested through the end of the year and had some success. I refined those rules and in spring of '21 my refinements proved very successful. I made one last tweak that I put into effect for the second half of the year and I beat the S&P 500 two years in a row (not by a lot last year).
One of my rules is sort of a balance rule, I won't have more than 1/12 of my "Play" money in any one equity. Right now I have T within a single share of my 1/12 rule. I want more (greedy).
Do you ever let yourself temporarily relax your rules, or is it a slippery slope?
I'm in industrial real estate and it is interesting to see articles come out about the southeast and the expansion of car manufacturers and battery plants in the southeast (see link below). You have to imagine the customer base for WWR is all these southeast players if they can simply secure contracts (which I know we all saw the debate about TSLA and the type of graphite used).Philip J Fry said:
How do we get WWR and SAVA on WSBs?
OutlawAG04 said:FJ43 said:Irish 2.0 said:
Thanks. LIke I said, never been good with understanding flags. Was just a little bored and thought I'd give it a shot
Looks like it took the bear flag approach with a quick drive by check. Tomorrow could be interesting.
FJ- it looks like a nice doji on the daily spy and the 4 hour looks like it is hitting some pretty nice support. You still holding your 480 lottos?
Irish 2.0 said:
Email those Atlas d-bags