this is the way. let runners run so your wins out pace any small losses.CC09LawAg said:
It is amazing to me how when I take big swings I'm almost always wrong, but when I make a small trade I end up with a 100% profit.
this is the way. let runners run so your wins out pace any small losses.CC09LawAg said:
It is amazing to me how when I take big swings I'm almost always wrong, but when I make a small trade I end up with a 100% profit.
Following up hereHeineken-Ashi said:
TALO is very oversold on daily but weekly shows a little more weakness can be possible. I'll give this one down to $9.75-$10 range for support. But I would ideally like to see it hold the previous low on daily candles. If it does come down to the $9.75-$10 range, my favorite clean outlook would have it hitting in August unfortunately. But from there, target would be $35-$45 or a 4-5x. So put it on the watchlist.
It's a lesson most everyone has to learn. Many have to learn it many times.CC09LawAg said:
It took one absolute ass kicking of a day on Monday where I felt like a bomb went off inside my head but I think the lesson has finally stuck. I'm being much tighter with my stops and trying to abandon the home run mindset.
Learning how to invest takes time, years of observation, and years of application. Lessons are learned and strategies are developed. There is no quick and easy path. You have to put in the hours and you have to be dedicated to growing your knowledge. You have to take risks and you have to lose to know how to win regularly.CC09LawAg said:
It took one absolute ass kicking of a day on Monday where I felt like a bomb went off inside my head but I think the lesson has finally stuck. I'm being much tighter with my stops and trying to abandon the home run mindset.
The desire to "not be wrong" is so strong that it will cloud good judgement to the point of destruction.CC09LawAg said:
Appreciate the insights. It's all things I know to be true but it's incredible to me the psychological games that you play with yourself doing this stuff. It's nonsensical how much money you are willing to lose in the hopes that you can make XX.
It took a couple days of moping and me feeling like everything I touched turned to ****, but I'm going to try to nickel and dime my way back. Current goal isn't based on any profit, my main focus on my spreadsheet is going to be a "green streak" and focusing on just making profit every day.
BREAKING NEWS: According to the most recent $GME 13F filings, all of the top call-option sellers COMBINED to not have enough shares to satisfy @TheRoaringKitty's 12 million shares currently in the money. pic.twitter.com/OuUyfeShG3
— Kevin Malone (@Malone_Wealth) June 5, 2024
We are in the end game now.Brewmaster said:BREAKING NEWS: According to the most recent $GME 13F filings, all of the top call-option sellers COMBINED to not have enough shares to satisfy @TheRoaringKitty's 12 million shares currently in the money. pic.twitter.com/OuUyfeShG3
— Kevin Malone (@Malone_Wealth) June 5, 2024
McInnis 03 said:We are in the end game now.Brewmaster said:BREAKING NEWS: According to the most recent $GME 13F filings, all of the top call-option sellers COMBINED to not have enough shares to satisfy @TheRoaringKitty's 12 million shares currently in the money. pic.twitter.com/OuUyfeShG3
— Kevin Malone (@Malone_Wealth) June 5, 2024
Quote:
These 13F filings reflect positions in GME as of March 31st. As tracked by Unusual Whales, Roaring Kitty made these option purchases last week. The option sellers' positions that are presented here do not reflect any shares purchased alongside the option sells.
CC09LawAg said:
Appreciate the insights. It's all things I know to be true but it's incredible to me the psychological games that you play with yourself doing this stuff. It's nonsensical how much money you are willing to lose in the hopes that you can make XX.
It took a couple days of moping and me feeling like everything I touched turned to ****, but I'm going to try to nickel and dime my way back. Current goal isn't based on any profit, my main focus on my spreadsheet is going to be a "green streak" and focusing on just making profit every day.
Beep boop. Here's what I found.
— Markets Bot (@markets_bot) June 5, 2024
MCD 262.5 C 06/14/2024:
OI: 137
Vol/OI: 53.08
Bid Vol: 1,072
Mid Vol: 49
Ask Vol: 6,125
No Side Vol: 0
Single-Leg: 100.0%
Multi-Leg: 0.0%
1) /contract_volume $MCD 262.5 C 06/14/2024 (https://t.co/MowaW06KRX)
Featured tickers: $MCD pic.twitter.com/klFYgy5KoQ
Spaceship said:McInnis 03 said:We are in the end game now.Brewmaster said:BREAKING NEWS: According to the most recent $GME 13F filings, all of the top call-option sellers COMBINED to not have enough shares to satisfy @TheRoaringKitty's 12 million shares currently in the money. pic.twitter.com/OuUyfeShG3
— Kevin Malone (@Malone_Wealth) June 5, 2024
Can someone clarify what this means exactly? Interesting story for sure.
Well done. Looking for $41.50 to $48, though there's a chance $40 is strong resistance soon.bhanacik said:
would love to get ya'lls comments on the following limit order I have in for BROS right now:
limit order at 37.21, which is the 38.2% retrace from today's high and last Friday's low.
looking for 60 eventually with a stop set just below last week's low at 33.89 for now
specifically, my question is am I looking at too recent of a timeframe for the stop and what do ya'll think of the play on BROS given their chart
One thing I would add to this and this is something I have had to change myself with dealing with losses. You don't necessarily need to tighten your stop but maybe scale back. I don't know how many contracts you like to trade but for example I used to do 4-5 contracts that were maybe $1k worth. Set stops that would hit my risk tolerance and it would sometimes reverse and end up being right. If i had did 1-2 contracts, i can keep the same risk profile but it by default allows me to widen a stop to let the trade work. Just some food for thought.CC09LawAg said:
It took one absolute ass kicking of a day on Monday where I felt like a bomb went off inside my head but I think the lesson has finally stuck. I'm being much tighter with my stops and trying to abandon the home run mindset.
Brewmaster said:
Yep, I saw this this morning, made me chuckle...Bank of Canada 🇨🇦 just cut rates.
— trader (@TicTocTick) June 5, 2024
They saying inflation is dead now measuring inflation with fake methods!
Yet no one can afford anything in Canada - gas, homes, groceries. Yes healthcare is free if you wait 6 months to see doctor.
Everything is stupid 🤦♀️
Beep boop. Here's what I found.
— Markets Bot (@markets_bot) June 5, 2024
MCD 262.5 C 06/14/2024:
OI: 137
Vol/OI: 85.58
Bid Vol: 2,833
Mid Vol: 503
Ask Vol: 8,389
No Side Vol: 0
Single-Leg: 100.0%
Multi-Leg: 0.0%
1) /contract_volume $MCD 262.5 C 06/14/2024 (https://t.co/MowaW06KRX)
Featured tickers: $MCD pic.twitter.com/5qxwoc6VzN
It will never cease to amaze me how within a period of 8 hours, something that was worth $1.40, then $.50, then $2, can end the day at close to $.06.McInnis 03 said:You dog, you!McInnis 03 said:I'm actually watching CRWD for a fade play. Look at what ZS did last week on their earnings. Obviously every stock is it's own as are the results, but same market, same hype, if it runs below the 34-50 10min EMA early I'll look for gap fill short scalp. I need it below 333.50 first.Charismatic Megafauna said:Charismatic Megafauna said:
Crwd delivers again. Prob gonna get crushed tomorrow
Up $35 premarket, macro cooperating...could fly!
Truth be told, execution was awful. Loaded some 300p at $1.40 near open, WAY too high. They dropped to $.40 or $.50 so added more at $.50. Exited most when it came back near original entry and held a small runner. Locked into a profit trade though.
This where patience would have been PAYTIENCE.South Platte said:
What did you end up doing with ARM? It's had itself quite the day.