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Yea, no timeline on his sell though. Would be absolutely hilarious if he just dumped 10% all at once. Then Michael Burry would probably kill himself. (Burry - of the Big Short fame - announced a Tesla short position sometime this year and likely got crushed. He recently announced he had exited...

Overall, I think we trend upwards, but you need to be selective. We are still under huge supply strain. Amazon usually crushed Q4 for the holidays and they have even lowered their guidance citing labor and supply chain issues. Just be cautious about what you are buying into. There was a...

https://www.bloomberg.com/news/articles/2021-11-05/high-velocity-stock-rally-is-getting-too-hot-for-hedge-funds?sref=9HT8lz40

@TJT But didn't you hear? It's just like land!

I still think its too much too quick on NVDA. Super tempted to buy some puts on it up here, but the IV is insane right now.

Metaverse play and Analyst price hike of 30% by Wells. A bunch of chips are running hard today.

15% gain on that today alone. Today's daily chart candle looks insane.

@Rajaah SHIB needs to clear and prove to hold the ~5600 level to have any upward strength. Otherwise, this is just a lower high.. likely followed by lower lows. I own 0 crypto anything. Just looking at a chart for a technical perspective. Save your money for something with upward momentum.

OCGN -25%. Come on and post some loss porn for us. @billymain

Down another 13% premarket today. ($11.00)

2:30 PM EST https://www.federalreserve.gov/live-broadcast.htm

Entire market is on pause until Fed minutes this afternoon. I wouldn't do anything with a DIS position until we see what comes out of this meeting and what the markets want to do. Side note, I have just taken a UVXY hedge here at $15.30 in anticipation of the Fed speak.

OCGN down 16% now.

@billymain OCGN another leg down. -10% Hope you took some profits.

OCGN: Buy the rumor, sell the news. -5% and getting hit hard.

I mean, you dont have to hold the entire thing. Sell part of the position. Scaling out profits is equally important as scaling into positions. Pay yourself along the way.

You let a trade run 4K against you? Do you use any kind of stops? That is dangerous, especially with something like Tesla. You effectively ran a 4K unrealized loss to take a $874 profit? That is P&L ratios out of control. Glad it worked out in the end, but that kind of trading can get you into...

How about that Avis? (CAR) These markets are insane.

I've got a couple I have recommended previously to the thread for anyone taking up day or swing trading. @Shonuff found value in these as well, and can likely attest to their signifigance. Trading psychology and recognizing / managing your own emotions is a far greater learning curve vs...

Sold half for 100% at the open. Balance is on the house to see if we fall apart being Friday, end of week, end of month and some negativity following AAPL / AMZN guidance.

What is crazy is, AAPL and AMZN combined make up just over 10% of the weight of the entire S&P500. I'd be cautious going into earnings. If these titans of scale can't overcome the supply chain / transportation issues, what chances do the smaller companies have? Their headwinds are shared by...

I put some throwaway money into SQQQ 7C 29OCT weeklies last night into the close of market with QQQ at all time highs for 6c per contract. Now I’m wishing I took far bigger size. Hoping we get a bit of a washout sell at the open.

Follow up from yesterday: https://www.bloomberg.com/news/articles/2021-10-29/apple-amazon-results-spark-fears-of-an-unhappy-holiday-season?srnd=premium&sref=9HT8lz40

AAPL EPS inline, Sales miss. Also citing supply chain issues across their entire lineup of products. *Just released also "expecting supply issues through Q1 and larger headwinds."

Holy crap on the Amazon forward guidance revising lower for Q4 Christmas season (plus Q3 miss). Those are not just Amazon specific headwinds. Citing shipping costs, labor costs, supply chain issues, etc. If we get more companies revising lower like this, markets can be in for some pain.

Up over 40% now.

News flash, if youre moving anything in / out of your bank account in any considerable size or frequency, you're being reported to the IRS anyway.

Weaksauce. LCID up 26%+ in a day!

F incredible today. Can I have my $9 buy-in back from earlier this year? =(

Friends don’t let friends place market orders!

Personally, I feel the entire market is up on a tear without any kind of pullback in about ~10 straight trading days. FB has been relative weakness while markets have been strong. When the market pulls, this should pull even harder. On top of that, I wouldn't long when it so very easily gave up...

@Shonuff Glad youre making your TSLA trades work, but for your long term sanity, trade something rational. Daytrading successfully is about buying and selling at technical levels, but when you're playing with these meme stocks and stuff like TSLA, its far more difficult to get any kind of read...

I've been cautious this earnings season for this exact reason. For a long while, we have perfection priced into markets. The headwinds I see are inflation costs, supply chain issues, increased labor costs, etc. These are all things to listen for for Q4 guidance. I want to be more involved here...

BENE and ZGYH both halted up now. Same CEO of DWAC. Fomo momo is a crazy thing.

Powell out speaking of inflation far over target and talking about rate hikes. Market pukes in response.

Need to tendie myself. Up over 5.5%. Thanks Fed.

It's been mentioned in this thread quite a few times. Stop losses can get blown right past on a fast move. You posted a chart with a halt down and the resumption skipped right on past. You can put in your SL order for $15, but if the next buyer is clear down at $8.30.. you get hit like this...

DWAC second halt down. This is GME all over again. The sheer volume.

There are a ton of stocks halting up with monster 600-1000% moves with this DWAC craze. DWAC still in a halt from earlier. Showing $190 bid on the level2. Yet to resume though. This dwarfs GME in the % gains. This stock was $10 two days ago. Warrants were 50c and showing $74 currently