Investing General Discussion

Gravel

Gravel

Mr. Poopybutthole
43,880
154,822
Sanrith Descartes said:
Look at the bid/ask spreads and realize this is how market makers make tens of billions. Off minute amounts they pocket per transaction.

The real wealth is won off of consistent tiny profits multiplied by a very large amount of investment. You also see this with bond traders. They make small profits but do it with huge amounts of invested capital to generate large winnings.
Click to expand...
Sassy Office Space GIF by 20th Century Fox Home Entertainment
 
  • 2Like
  • 1Worf
Reactions: 2 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
48,306
138,438

Palantir stock falls 9%, extending losing streak to 5 trading days, as tech trade cools​



Run Away End Of The World GIF by CBS
 
  • 1Like
  • 1Mother of God
Reactions: 1 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
48,306
138,438
Citron Research (of GME fame) has decided to take on the current meme stock king...



Here We Go Again GIF
 
  • 4Mother of God
Reactions: 3 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
48,306
138,438
As we now begin to see the "the sky is falling" cries in regards to the markets, just a gentle reminder...

1755698131364.png
 
  • 1Worf
  • 1Mother of God
  • 1Like
Reactions: 2 users
Rangoth

Rangoth

Vyemm Raider
2,140
2,365
Yea, we all know PLTR is way overvalued at the moment.

But it certainly has been a rough week. Including today I have multiple symbols down over 10% from Friday(3-4% a day in strong and steady decline). None of them are panic fear mode sells, but I did have to bail on two call option positions at like -15% loss :( /sad panda
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
48,306
138,438
MSFT has broken through the 20-DMA and is now sitting on top of the 50-DMA. It has a healthy 8% of air between it and the 100-DMA. RSI still in the 40s. Not a great setup. It needs a save here.

1755714223999.png
 
Rangoth

Rangoth

Vyemm Raider
2,140
2,365
It means that MSFT will “bounce” and go back up soon or it is likely that if it drops, it may very well drop another 8% or more.

if you want to add to your position you could set a trailing buy. I do that all the time for my long positions(or I do CSP to try and get A favorable entry)
 
  • 1Like
Reactions: 1 user
You must log in or register to reply here.