• Moderators, please send me a PM if you are unable to access mod permissions. Thanks, Habsy.

Hey Nerds: Blockchain

CH1 said:
Yes, it's much better if you don't look at your total equity while trading -- "counting your money when you're sitting at the table" simply adds useless emotions that distract you from the disciplined strategy and price levels you should be looking at.

Having said that, I cant stop myself from looking. constantly.
Click to expand...
We're only human after all.
 
Sorry but I may have to sell more of my Trulieve shortly. Bids are stacking. I think she rockets.

EDIT: SPY decided to take a shit and ruin that parade.
 
Last edited:
Keep in mind, next week CURA and TRUL report earnings. I'm going to be protective and be mostly cash during next week but I'm betting on continuation. I change my mind on TRUL - I think we can get some more burn out of them.


The CURA FOMO buying crew will appear EOD. My fear is the run happens Monday on the US ticker but whatever. I'm trusting ol' Presty's noggin. CURA end of week action is usually fierce and when combined with earnings Monday I suspect it could be a rocketship. I'll be more convinced if SPY doesn't tank though. Stay strong please.
 
I nibbled on some CURLF earlier. I am disappoint. Already down 400 pennies!
 
CH1 said:
I nibbled on some CURLF earlier. I am disappoint. Already down 400 pennies!
Click to expand...
Trust the process. Unless SPY goes to the absolute shitter (in which case I'm bailing even if CURA decouples EOD) I'm pretty fucking confident that it'll be well in the 8's by Monday. CURLF is the move though because you might get the real action on Monday when Canada is closed.
 
Preston said:
Trust the process. Unless SPY goes to the absolute shitter (in which case I'm bailing even if CURA decouples EOD) I'm pretty fucking confident that it'll be well in the 8's by Monday. CURLF is the move though because you might get the real action on Monday when Canada is closed.
Click to expand...

didn't that become a euphemism for tanking?
 
These names all trade together.. When GTII is at these levels, CURA is usually close to $9. I know it's a stupid thing to follow and depend on but it's one of the many indicators that I use to play off one another and shift to different names for arbitrage opportunities. It has very rarely let me down.

In this case though, it's mostly the Monday ER FOMO buying that has me convinced but that's just another factor that solidifies my case.
 
Preston said:
These names all trade together.. When GTII is at these levels, CURA is usually close to $9. I know it's a stupid thing to follow and depend on but it's one of the many indicators that I use to play off one another and shift to different names for arbitrage opportunities. It has very rarely let me down.
Click to expand...

Nope. If it works a decent percentage of time, then you have what I consider an edge. No different than someone programming a fancy algorithm that tracks correlations between tickers.
 
CH1 said:
Nope. If it works a decent percentage of time, then you have what I consider an edge. No different than someone programming a fancy algorithm that tracks correlations between tickers.
Click to expand...
Yeah TRUL is the only one that is like... I go up no matter what. No pattern there whatsoever. As you can tell by the latest fucking BLAST off.
 
And CURA EOW shenanigans can be fucking hilarious. I've seen them do 15% in a minute. I'm not counting on that (as I said 2-3% is most likely IMO) but I'll gladly take it if it happens. I feel like the risk-reward is insanely attractive right now. You'll be good CH1. You'll be good.


It's also at times correlated with CGC so CGC blasting off and setting new highs today would be another solid indicator. She's fading right now but hopefully it's just consolidation.
 
So Lee Cooperman (a widely known early GTII investor) called into their conference call yesterday. Wonder if that helped the rocketship today.
 
nice 20 point bounce off ES 2820. I didn't play it; had lunch instead
 
Preston said:
So Lee Cooperman (a widely known early GTII investor) called into their conference call yesterday. Wonder if that helped the rocketship today.
Click to expand...

I heard he asked the first question; would have jumped on adding to my little position right then, but CSE is lame (no AH trading)
 
You must log in or register to reply here.
Back
Top