Hey Nerds: Blockchain
- Thread starter zeke
- Start date
zeke
Well-known member
god bless you micro traders i hope you're riding these swings. I wish i was smart enough to.
because holy shit has this post-memo day bubble and all the other recent bubbles been just complete baseless bullshit. the market is an emotional bi-polar wreck right now, just like the rest of the country.
because holy shit has this post-memo day bubble and all the other recent bubbles been just complete baseless bullshit. the market is an emotional bi-polar wreck right now, just like the rest of the country.
Agreed god bless how CH1 , Preston and others navigate this fukced up shit show
They deserve medals , I would be dizzy looking at screens
Preston
MBow30 alt account
Oh I'm definitely dizzy. It's fucking draining.Agreed god bless how CH1 , Preston and others navigate this fukced up shit show
They deserve medals , I would be dizzy looking at screens
CH1
The Artist Formerly Known as chiggins.
It looked for a second, but got stopped out. no loss.
are you permanently glued to the screens or do you get out for a few hours to recharge ?
LeafOfFaith
Well-known member
I wish I understood this stuff about support levels. Like why is that number so important. Why would a market with millions of traders doing their own thing all start acting a certain way when the S&P or Dow falls below a certain number or moves above a certain number? I'm a stock picker and don't do ETFs so I'm knowledgeable about the stocks I'm watching and where the levels they trade at, but I'm never focused on whether the S&P is at a certain number. The only way that affects me is when they are up or down by a lot, like today, when I back off because everything is falling. But whether it falls below a certain specific number would never impact me, so why would it impact millions of others who have their own different agendas when trading or investing?
LeafOfFaith
Well-known member
I'm so interested in watching Citi. It just gave back like 70% of its recent gains in just two days.
Preston
MBow30 alt account
Depends on the day. I've been not very active since spx got over 3000. That's where I differ with ch1. I got my big winners riding shit up and didn't want to give anything back. Turns out I still should have played bullish but whatever.
As for today? Up until a half hour ago? Glued to my screen. All day. These types of days are mostly once a year or five type of days though.
CH1
The Artist Formerly Known as chiggins.
Low interest rates forever = banks make no dough
LeafOfFaith
Well-known member
And normally this is where I'd jump in to grab some stuff I've been looking at - in fact, it probably would've been a couple of hours ago. And then I'd sit and get annoyed that what I bought kept falling, as per my usual. So I'm trying to be super against my nature patient right now.
Also CH - the reason I asked about EA the other day is that I bought a good chunk like 2 years ago to hold long and fucking immediately it tanked and aside from flirting a little bit with the level where I bought it, refused to come back. I refused to sell it until I recouped without a loss, so we were at a stalemate. Two years of dead money in a stock that pays nothing and refuses to appreciate. Then last week it briefly hit my breakeven of $124.27 and crossed it by A PENNY and then immediately dropped down like $5-$6 bucks in the ultimate cocktease move. But yesterday, it crossed finally and I sold it at literally a few bucks profit. I promised myself not to get greedy and force a good profit out of it, even if it went up a few bucks more (which it did this morning, the fucker). But I sold it and freed up that dead money, which was a huge day. So normally I'd be looking to put it to work in a falling market, but I'm trying to stay idle for a bit.
Also CH - the reason I asked about EA the other day is that I bought a good chunk like 2 years ago to hold long and fucking immediately it tanked and aside from flirting a little bit with the level where I bought it, refused to come back. I refused to sell it until I recouped without a loss, so we were at a stalemate. Two years of dead money in a stock that pays nothing and refuses to appreciate. Then last week it briefly hit my breakeven of $124.27 and crossed it by A PENNY and then immediately dropped down like $5-$6 bucks in the ultimate cocktease move. But yesterday, it crossed finally and I sold it at literally a few bucks profit. I promised myself not to get greedy and force a good profit out of it, even if it went up a few bucks more (which it did this morning, the fucker). But I sold it and freed up that dead money, which was a huge day. So normally I'd be looking to put it to work in a falling market, but I'm trying to stay idle for a bit.