$30,000 Millionaire said:

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I think a fund blew up.

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EngrAg14 said:

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leoj said:

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TMOOSE said:

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So, is it safe to say that this was the huge "correction"

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Nope

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377 then 358 then 338 then 286..
377 will be hit within the next few days if not tomorrow or Monday.

358 would be the correction territory and large would be 338. If it goes below that there's bigger issues.

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wmitchell said:

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another covered call question. does it take into effect AH movement on expiration date? I wouldnt think so but wanted to confirm. Have some 1.5 SNDL expiring tomorrow.

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TecRecAg said:

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Probably the best $53 you'll ever spend.

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$30,000 Millionaire said:

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I think a fund blew up.

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LOYAL AG said:

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$30,000 Millionaire said:

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I think a fund blew up.

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what does that mean?

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$30,000 Millionaire said:

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I think a fund blew up.

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FriscoAg95 said:

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Where did you see this? I'm on the other side with THCB...

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FbgTxAg said:

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TSNP with a 4:1 Reverse Split. Will be HMBL in a month.

Once this market chicanery is over where do we see this price settling in?

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barnyard1996 said:

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FbgTxAg said:

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TSNP with a 4:1 Reverse Split. Will be HMBL in a month.

Once this market chicanery is over where do we see this price settling in?

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IIs $10 too optimistic?

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FbgTxAg said:

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barnyard1996 said:

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FbgTxAg said:

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TSNP with a 4:1 Reverse Split. Will be HMBL in a month.

Once this market chicanery is over where do we see this price settling in?

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IIs $10 too optimistic?

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After the split my avg in will be $4 I guess since I bought all my shares for $1.

So I'd be all about $10.

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barnyard1996 said:

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FbgTxAg said:

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barnyard1996 said:

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FbgTxAg said:

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TSNP with a 4:1 Reverse Split. Will be HMBL in a month.

Once this market chicanery is over where do we see this price settling in?

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IIs $10 too optimistic?

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After the split my avg in will be $4 I guess since I bought all my shares for $1.

So I'd be all about $10.

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I am in a 1.13 so I am in the truck with you.

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NRD09 said:

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barnyard1996 said:

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FbgTxAg said:

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barnyard1996 said:

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FbgTxAg said:

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TSNP with a 4:1 Reverse Split. Will be HMBL in a month.

Once this market chicanery is over where do we see this price settling in?

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IIs $10 too optimistic?

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After the split my avg in will be $4 I guess since I bought all my shares for $1.

So I'd be all about $10.

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I am in a 1.13 so I am in the truck with you.

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400 @ .49, now 100 @ 1.96

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ag94whoop said:

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AgsnFly said:

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ag94whoop said:

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Well today has been an absolute bloodbath for me. A week ago I was up 20% for the year. As of now I'm down 20% for the year I've lost 40% of my value in my trading account in in three days. Holy crap. Tough lesson to learn.

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Not to lecture but trading is all about discipline. This should never happen to a trader - investors are different. Which are you? Disciplined traders take losses when markets say they are wrong. Use stops if you are trading and think of high water marks on your account.

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Despite years of experience in business and entrepreneurship, I am literally a newborn in trading.
First ever trade was Jan 14, 2021, literally 6 weeks experience.

No one has directly taught me anything and what I have learned I learned on youtube and on here from you gentlemen, although sometimes I feel like yall speak a completely different language...lol. I missed OAs previous course. I started by swing trading stuff I knew like SNAP, UPWK, HD, APPL, SDC, PINS, PENN etc and frankly did ok, but the market was always good so I guess in hindsight any dummy could have done as well. I then followed a few Texags buys like WWR, EBON, ONTX, XL etc and made even better money. SO I then dove hard into CLOV, WWR again at higher price, DPW, and a bunch of others and I now know I missed the buys on several and the market has tanked on them all.

I dont ever day trade, but what I was primarily doing was swing trading for income with 2 day to 2 week target flips. While I am slowly learning charting, and can see market swings to a degree, I am very raw and inexperienced and there is SO much I dont know. I fully admit I am poor at understanding options trading and since I dont understand it well I dont do it, which kills some of my ability to hedge. I know I need to learn this. I am signed up to take OA's class this Saturday, although I coach soccer and may not be able to watch live unless it rains.

In addition, I am using You Invest which I dont think is very user friendly and I am not sure how to set stop losses on it. I have been doing everything manually outside of limit buy and sells.

I realize I made several poor buy price decisions and several poor "non sale" decisions. Those are wrecking me big time. But I DO think they may be good long term, although the continuous daily sliding is concerning.

From Jan 14 to Feb 4 I traded for $32k in realized gain. Since then, that has completely eroded (mostly in the last few days) to a $8k loss. At this point, I honestly dont know how to proceed. My gut instinct is that my 4 biggest current losers (WWR, CLOV, DPW and TLRY) will rebound at some point and become profitable if I am willing to hold them for months. Not sure what to do with the rest. I know the first thing I need to do is learn how to trade options so I can attempt to hedge.

I dont have any problem humbly admitting that I dont know what I am doing and love to hear guidance from a bunch of good Ags. I know yall will help and eventually I will learn this stuff and begin to make some money at it.

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