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24,919,463 Views | 233707 Replies | Last: 1 hr ago by Heineken-Ashi
Dan Scott
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AG
DJT tomorrow
Brian Earl Spilner
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I for one wish Arnold Schwarzenegger could run.
spud1910
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I can't be pro either one. But between these two, I will join you as I pick the lesser of two evils.
EliteZags
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AG
ProgN
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spud1910 said:

The whole thing scared me. Are these two really the best we have?


Everyone of our regulars in here know that I'm passionate about politics (F16). I try my best to remain apolitical in here because I know several of us come from opposite sides of the aisle and this is the only common ground that I've found where we're all rowing in the same direction.

Yes, both of our choices f'ing suck but it's what we have to individually choose from. If you don't know who I'll cast my vote for in November by now, then you haven't been paying attention. That said, I don't want politics in here because it will only destroy the one place that we're all on the same side.

If I want to get banned and be a dick towards the other side of the aisle, then I'd go to F16 and properly earn a trip to banned camp. Let's not **** up what we all have here. If anyone wants to joust, then PM me or go to F16 and I love the debate. Imo, this isn't the place.

Apologies Doc, I wasn't directing my reply towards you. It was meant as a general post for everyone but I didn't see it until the end.
flashplayer
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There are no libs in here, they hate making money and love paying taxes.
ProgN
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flashplayer said:

There are no libs in here, they hate making money and love paying taxes.
I can promise you that there is. I've rammed horns with them in the past on F16. I have zero problem with doing it again in the right forum (F16), but I will not do it here.

This place is unique and I will not be a part of ruining a thread that helps others learning something new that will help their families. There's plenty of threads that I can be a dick on, I won't be here.
flashplayer
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I was 100% joking and just friendly ribbing them. Unlike most people I think disagreeing can be healthy and normal and I resent what society has become in believing that people who have different opinions on things are evil.
ProgN
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Agreed
EnronAg
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Markets starting off strong this morning. With options expiry and stupid quarter end window dressing looming this afternoon, markets will absolutely rip to ATHs with any sort of fake PCE numbers. Train ain't stopping 'til election is decided, boys!!!
spud1910
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Sorry to tempt you Prog! And you are right. We don't want to turn this place into F16 for sure. I will do better!
EnronAg
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my favorite part of the debate was the golf handicap argument...absolutely hysterical...almost spit my bourbon out watching that play out
Brian Earl Spilner
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Let's get this thread back on track with some T&A for TNA.

Brian Earl Spilner
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Today should be interesting, with end of month shenanigans, PCE data, and Russell reconstitution.
EnronAg
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don't listen to me, as I'm an idiot, but I wouldn't sell until 3:00...that sucker is going parabolic at 2:59 today...
EnronAg
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Brian Earl Spilner said:

Today should be interesting, with end of month shenanigans, PCE data, and Russell reconstitution.
PCE already came in exactly as estimated...literally, every number was in line with whisper...really makes you think how legit they are when every single number hits the estimate to the penny...
Brian Earl Spilner
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Too often I've tried to catch the top with trailing stops that end up biting me in the ass.

Got limits set at 38, 39, and 40, and trying to keep my head down and let it do its thing.
EliteZags
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assume you're referring to short term 'tops' for swing trading
GreasenUSA
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I believe this is what caused the SAVA mega-dump



confucius_ag
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GreasenUSA said:

I believe this is what caused the SAVA mega-dump




I sold the few shares I had until this shakes out.
"Me not know, me not tell, me push button and run like hell."
Brian Earl Spilner
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Brian Earl Spilner said:

Too often I've tried to catch the top with trailing stops that end up biting me in the ass.

Got limits set at 38, 39, and 40, and trying to keep my head down and let it do its thing.
Well, now I got bit in the ass the opposite way. D'oh.
hedge
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What's with the swings today?
Brian Earl Spilner
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If it's gonna rally, now is the time.
EnronAg
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Brian Earl Spilner said:

If it's gonna rally, now is the time.
agree...quarter end insane green candles in 3...2...
Txducker
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ssrm, gold miner. I saw this chart with abnormal large volume today and did not make new lows as it has been in a downtrend. macd touching or about to touch and cross. Looks interesting for a trade. Edit: I want to see a candle not make a new low before entering the trade or a doji candle, because it may continue its downward trend on Monday. Tight stop would be at the previous day low from the day I enter.


Txducker
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Docu also looks interesting for. trade. Not in it yet.
Recent earnings with large volume of support around earnings. Macs has crossed. rsi=37, crossing up purple linear regression channel, crossed the yellow 20 sma. My stop loss will be the a close on the daily below the solid blue line. Increasing daily volume and a recent double bottom. Also crossed above red atr resistance line.

CC09LawAg
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Just wanted to chime in and thank everyone for their contributions on this thread. I've been through a rollercoaster of emotions the past month with my account, going way up and way down based off poor decisions on my part.

Definitely was in my feelings and felt like I had no idea what to do, but tapping into this thread helped me get back on the horse and make a plan on how to chip away at it.

For any newbies, listen to these guys about things like stops, cutting losses, etc. It is not a question of if, but when, you blow up your account. I tried to get rich quick because I had more liquidity than I was used to and I've learned my lesson on that the hard way.
tlh3842
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CC09LawAg said:

Just wanted to chime in and thank everyone for their contributions on this thread. I've been through a rollercoaster of emotions the past month with my account, going way up and way down based off poor decisions on my part.

Definitely was in my feelings and felt like I had no idea what to do, but tapping into this thread helped me get back on the horse and make a plan on how to chip away at it.

For any newbies, listen to these guys about things like stops, cutting losses, etc. It is not a question of if, but when, you blow up your account. I tried to get rich quick because I had more liquidity than I was used to and I've learned my lesson on that the hard way.


I'd 100% echo this statement. It's great to take your future into your hands, but you can make poor decisions that snowball very quickly. Been following the thread ~8mo and had similar experiences as you (31yo trying to invest more).

Lessons learned (especially the hard ones) lead to more success in the future!
Bocephus
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tlh3842 said:

CC09LawAg said:

Just wanted to chime in and thank everyone for their contributions on this thread. I've been through a rollercoaster of emotions the past month with my account, going way up and way down based off poor decisions on my part.

Definitely was in my feelings and felt like I had no idea what to do, but tapping into this thread helped me get back on the horse and make a plan on how to chip away at it.

For any newbies, listen to these guys about things like stops, cutting losses, etc. It is not a question of if, but when, you blow up your account. I tried to get rich quick because I had more liquidity than I was used to and I've learned my lesson on that the hard way.


I'd 100% echo this statement. It's great to take your future into your hands, but you can make poor decisions that snowball very quickly. Been following the thread ~8mo and had similar experiences as you (31yo trying to invest more).

Lessons learned (especially the hard ones) lead to more success in the future!


Much like the majority of life, discipline is the key.

I am also of the opinion that you have to be financially punished a little for being greedy before you learn your lesson. An investment doubles and you start thinking this could be the one that makes you retire, then you're just waiting to get back to even while watching yourself lose 90 percent of your initial investment.
TAMU ‘98 Ole Miss ‘21
CC09LawAg
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Yep - that and FOMO. "If I would've invested more, I would've made way more!" Then trying to catch lightning in a bottle twice instead of appreciating the win for what it was.

Greed and ego will have you in a very deep hole very fast.
Bocephus
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CC09LawAg said:

Yep - that and FOMO. "If I would've invested more, I would've made way more!" Then trying to catch lightning in a bottle twice instead of appreciating the win for what it was.

Greed and ego will have you in a very deep hole very fast.


I never regret investing reasonable amounts and NEVER, EVER allow myself to be upset for selling early. Do not get mad when you made a profit.
TAMU ‘98 Ole Miss ‘21
El_duderino
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I second what Bocephus said. Never get mad at taking profit.

ProgN
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CC09LawAg said:

Yep - that and FOMO. "If I would've invested more, I would've made way more!" Then trying to catch lightning in a bottle twice instead of appreciating the win for what it was.

Greed and ego will have you in a very deep hole very fast.



Patience is also very hard to master, but it will lead you to better, more profitable decisions. You don't have to trade everyday or every week for that matter. I haven't been active on the thread because I'm over 95% in cash. I'm waiting on SMCI & POWL to comeback to me. I plan to buy them both in large amounts because I believe they will payoff massively.

Just don't guess on a setup, waiting until they present themselves and match your criteria will reward you.
Bocephus
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I would add, sometimes it pays off to have ridiculous buys or sells in place. The original flash crash paid off for me bc I had a buy set up for a casino stock that was about 70 percent lower than the current price. Flash crash happened, my buy hit, and I instantly made a huge profit. You just never know
TAMU ‘98 Ole Miss ‘21
jamey
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Bocephus said:

I would add, sometimes it pays off to have ridiculous buys or sells in place. The original flash crash paid off for me bc I had a buy set up for a casino stock that was about 70 percent lower than the current price. Flash crash happened, my buy hit, and I instantly made a huge profit. You just never know


I do that, and call it laying my glove on the ground. Sometimes a stock rolls into it. I don't have time to watch whats happening all the time

Right now I have aapl at 194
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