Prognightmare said:
Technicals, volume today and news that AMD might have taken some of AAPL business away from INTC (I believe that was company) could send AMD to new highs this week if the markets continue higher.
AgEng06 said:
Dang ROKU, WTF? My calls allllmost made it back to even, where I would have sold them.
This oil run up has been strange and seems to need a pull back, I like this play at least for the short term and will follow tomorrow if it stays low in premarketoldarmy1 said:
DRIP huge volume red/green. I entered simply based on volume.
Ranger222 said:
we will use it and then lose it
I laughed but if we have any SJW lurkers, your ass is toast.Bob Knights Liver said:Ranger222 said:
we will use it and then lose it
GME = chicks we picked up at the Cowhop on a Thursday night.
It will be a non-event.IMOtam2002 said:
J Powell speaks tomorrow so who in the hell knows
The markets are extremely overbought but last I read there is still over 5 Trillion still sitting on the sidelines in cash/money market accounts. FOMO is in full effect but the easy money has already been made. Meaning, I wouldn't be moving my money into index funds from cash right now. This is where technicals and choosing your entry and exit points pays the most, more discipline is required. Any selloff will be profound and the ensuing rally just as powerful.txaggie_08 said:
So what are we thinking? Was today a quick pullback before another explosion, or are we going to see some correction that lasts a little while? I'm still amazed at how quickly the market took off the past week or so.
Prognightmare said:I laughed but if we have any SJW lurkers, your ass is toast.Bob Knights Liver said:Ranger222 said:
we will use it and then lose it
GME = chicks we picked up at the Cowhop on a Thursday night.
AgsnFly said:AgEng06 said:
Dang ROKU, WTF? My calls allllmost made it back to even, where I would have sold them.
No offense intended here but you should realize that this mentality is the difference between a good trader and a not so good trader (ie. an amateur). Outside of a pure arbitrage strategy, the success rate of trades is not a very important performance statistic. Cutting losers quickly and being patient with winners is the most important thing in this vocation. It is difficult to do because human nature causes us to favor the opposite (take profits quickly and ride the loss in hope it becomes a success). Paying the small tuition of a small loss on a bad trade will eventually lead to more confidence in your trading and save you from big losses as you finally stop-out at the bottom.
McInnis 03 said:AgsnFly said:AgEng06 said:
Dang ROKU, WTF? My calls allllmost made it back to even, where I would have sold them.
No offense intended here but you should realize that this mentality is the difference between a good trader and a not so good trader (ie. an amateur). Outside of a pure arbitrage strategy, the success rate of trades is not a very important performance statistic. Cutting losers quickly and being patient with winners is the most important thing in this vocation. It is difficult to do because human nature causes us to favor the opposite (take profits quickly and ride the loss in hope it becomes a success). Paying the small tuition of a small loss on a bad trade will eventually lead to more confidence in your trading and save you from big losses as you finally stop-out at the bottom.
Also recently learned that rewarding bad behavior is the worst trait for a trader. It gives confidence to repeating.
#IAmGuilty
Your A, B, and C waves are all moving back towards being positive.McInnis 03 said:McInnis 03 said:AgsnFly said:AgEng06 said:
Dang ROKU, WTF? My calls allllmost made it back to even, where I would have sold them.
No offense intended here but you should realize that this mentality is the difference between a good trader and a not so good trader (ie. an amateur). Outside of a pure arbitrage strategy, the success rate of trades is not a very important performance statistic. Cutting losers quickly and being patient with winners is the most important thing in this vocation. It is difficult to do because human nature causes us to favor the opposite (take profits quickly and ride the loss in hope it becomes a success). Paying the small tuition of a small loss on a bad trade will eventually lead to more confidence in your trading and save you from big losses as you finally stop-out at the bottom.
Also recently learned that rewarding bad behavior is the worst trait for a trader. It gives confidence to repeating.
#IAmGuilty
With all that being said, it may bite me but holding roku isn't a wrong idea yet
Prognightmare said:It will be a non-event.IMOtam2002 said:
J Powell speaks tomorrow so who in the hell knows
Dammit McInnis, you've made the board an actual classroom.Aggies1322 said:Your A, B, and C waves are all moving back towards being positive.McInnis 03 said:McInnis 03 said:AgsnFly said:AgEng06 said:
Dang ROKU, WTF? My calls allllmost made it back to even, where I would have sold them.
No offense intended here but you should realize that this mentality is the difference between a good trader and a not so good trader (ie. an amateur). Outside of a pure arbitrage strategy, the success rate of trades is not a very important performance statistic. Cutting losers quickly and being patient with winners is the most important thing in this vocation. It is difficult to do because human nature causes us to favor the opposite (take profits quickly and ride the loss in hope it becomes a success). Paying the small tuition of a small loss on a bad trade will eventually lead to more confidence in your trading and save you from big losses as you finally stop-out at the bottom.
Also recently learned that rewarding bad behavior is the worst trait for a trader. It gives confidence to repeating.
#IAmGuilty
With all that being said, it may bite me but holding roku isn't a wrong idea yet
Correct, the Fed is a backstop if there's a big covid flareup in the fall. Monetary policy will not change. The markets near ATHs will curb further stimulus, unless Trump can get his payroll tax passed, imo. Consumer confidence is improving and that fed liquidity is finding it's way into the market. There will be hiccups but I wouldn't want to be short. I look for a possible pullback in July with earning reports because the market seems to be pricing in good earnings right now, think a sell the news type event. The jury is still out on this hypothesis until I see more.thirdcoast said:Prognightmare said:It will be a non-event.IMOtam2002 said:
J Powell speaks tomorrow so who in the hell knows
So far they all have been non-events. He halfway punted to Congress on future stimulus in last appearance. With Pence saying economy is back on track and Trump talking about rocket ships, maybe he shows concern about balance sheet and interest rates, which would be new. He has already directly said "assets are overpriced", back when S&P was in 2800s.
Prognightmare said:Dammit McInnis, you've made the board an actual classroom.Aggies1322 said:Your A, B, and C waves are all moving back towards being positive.McInnis 03 said:McInnis 03 said:AgsnFly said:AgEng06 said:
Dang ROKU, WTF? My calls allllmost made it back to even, where I would have sold them.
No offense intended here but you should realize that this mentality is the difference between a good trader and a not so good trader (ie. an amateur). Outside of a pure arbitrage strategy, the success rate of trades is not a very important performance statistic. Cutting losers quickly and being patient with winners is the most important thing in this vocation. It is difficult to do because human nature causes us to favor the opposite (take profits quickly and ride the loss in hope it becomes a success). Paying the small tuition of a small loss on a bad trade will eventually lead to more confidence in your trading and save you from big losses as you finally stop-out at the bottom.
Also recently learned that rewarding bad behavior is the worst trait for a trader. It gives confidence to repeating.
#IAmGuilty
With all that being said, it may bite me but holding roku isn't a wrong idea yet
Female McInnis:
Me:
lots of words for moral hazard. win win for investors.Prognightmare said:Correct, the Fed is a backstop if there's a big covid flareup in the fall. Monetary policy will not change. The markets near ATHs will curb further stimulus, unless Trump can get his payroll tax passed, imo. Consumer confidence is improving and that fed liquidity is finding it's way into the market. There will be hiccups but I wouldn't want to be short. I look for a possible pullback in July with earning reports because the market seems to be pricing in good earnings right now, think a sell the news type event. The jury is still out on this hypothesis until I see more.thirdcoast said:Prognightmare said:It will be a non-event.IMOtam2002 said:
J Powell speaks tomorrow so who in the hell knows
So far they all have been non-events. He halfway punted to Congress on future stimulus in last appearance. With Pence saying economy is back on track and Trump talking about rocket ships, maybe he shows concern about balance sheet and interest rates, which would be new. He has already directly said "assets are overpriced", back when S&P was in 2800s.
Prognightmare said:
Technicals, volume today and news that AMD might have taken some of AAPL business away from INTC (I believe that was company) could send AMD to new highs this week if the markets continue higher.
In addition to being so far behind on 7 & 5NM tech. Crazytailgatetimer10 said:Prognightmare said:
Technicals, volume today and news that AMD might have taken some of AAPL business away from INTC (I believe that was company) could send AMD to new highs this week if the markets continue higher.
Be careful. It is indicated that Apple is moving to their own ARM architecture. Who will fabricate and package their technology is TBD, but they are capable of doing it themselves just like their mobile ARM processor.
They could also license Radeon technology from AMD just like Samsung did for their mobile ARM, for graphics processing. Who really knows at this point though.
The biggest news yesterday was an additional security flaw found in Intel processors. That is a HUGE deal. They now have 3 flaws, in which the fix impacts performance tremendously.
oldarmy1 said:
DRIP huge volume red/green. I entered simply based on volume.
I spent nearly an hour after this was posted trying to find a way to short this one. Couldn't get any shares to sell naked. It was $22ish at that time and is down to $13 pre market.IrishTxAggie said:
Anyone play IMRN?
IrishTxAggie said:
Elon Musk at all the TSLA shorts right now...
Yep... my AH order did not fill.oldarmy1 said:
DRIP looking good. I sold 25% just to take a quick $0.30/share easement against any backfilling.
Same, but think this has a lot of room in the short term as we're basically at all time lowswilljohnathan said:Yep... my AH order did not fill.oldarmy1 said:
DRIP looking good. I sold 25% just to take a quick $0.30/share easement against any backfilling.
UpstateAg said:
Tesla pre market. Dang. I don't hold overnight anymore, but congrats to any of you who did. Payday.
