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Might snag some SCTY in the am for a swing trade. I'm feeling the chart and risk vs reward is good
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That would not surprise me. Gaps suck for traders tho
SPY VolStopBuy signal over 164.05. We are close
That would not surprise me. Gaps suck for traders tho
SPY VolStopBuy signal over 164.05. We are close
Doesn't suck when you're on the right side though.
feel like tsla is too high tbh
in what regard?Some thought I was crazy for calling TSLA the next AAPL.
those people are right about Amazon. How does a company with no margins get valued so high. Investors have a penchant for putting the cart before the horse when it comes to jacking up prices in advance of solid revenue or earnings.People have said the same thing about LNKD and AMZN for the past couple years. Not to say you can't be right. But "too high" is all relative.
Yea, I know.We've had this discussion before. Stock prices are arbitrary. Comparing financials and fundamental data is rather meaningless. You can say symbol ABC does this and this. But symbol XYZ has intangibles or has a brighter future. At the end of the day, If you want to profit you shouldnt be too worried about being caught holding the bag since these are not penny or low cap stocks. Only thing I see as "right" is the price, everything else it all smoke and mirrors.
We've had this discussion before. Stock prices are arbitrary. Comparing financials and fundamental data is rather meaningless. You can say symbol ABC does this and this. But symbol XYZ has intangibles or has a brighter future. At the end of the day, If you want to profit you shouldnt be too worried about being caught holding the bag since these are not penny or low cap stocks. Only thing I see as "right" is the price, everything else it all smoke and mirrors.
Yea, I know.
I guess I'm just too sensible to cave to irrationality. And I know, in this world of investing insanity, that also translates to too sensible to make money short-term.
I don't like relying on other people. So I especially don't like placing bets based on nothing other than the whims of other investors, funds, and institutions.
I have to believe that sooner or later, everything trades in line with its fundamentals.
safe to say NFLX is going to set new 52 week highs tomorrow? Might be a good risk vs reward setup for a day trade fwiw. Possible swing trade on strong close. I want to be apart of the move if it happens so I will look for low risk entry on a pullback or weak open
I look for low risk spots to buy, specifically pullbacks with the trend, higher lows, wait for intraday support to be put in so you have an idea where to put the stop. The distance between your entry and support defines risk. The closer the lower the risk. I give a little extra room under support for my stop usually just in case. I always ask myself at what price would I no longer want to buy long (the break of uptrend). I hope this makes some sense to you
Lol I'm always early with these big names aapl, nflx, etc. Nflx should have a nice move next few days for new 52 week high. I'm so used to momentum stocks that my timing is not yet on point for these
I have been in TSLA from the beginning and STILL, I regret not buying more. Damn damn damn!