Hey Nerds: Blockchain
- Thread starter zeke
- Start date
CH1
The Artist Formerly Known as chiggins.
I like discussing that shit too, but face to face with booze in hand.
Preston
MBow30 alt account
He used to do it to me randomly through text back when we talked more. I would never entertain it for the reasons you provided but he was relentless.
I just think he had too much time on his hands and thought a lot. He never really had a traditional job. Was always pretty entrepreneurial and his own boss.
CH1
The Artist Formerly Known as chiggins.
if I was that upset, i simply wouldn't follow furus.
the thing is, EVERYONE who makes market predictions will be wrong at least half the time. Even the GOATS.
The true test is how much money did you lose when you were wrong compared to how much did you make when you were right...
Preston
MBow30 alt account
That and well... If you're using twitter to base your investing/trading decisions off of, you probably should just be a buy and holder. I highly doubt the best traders in the world are spamming about every move they make on social media. I can already see that the guy that soccer mom roasted is a fraud. Definitive statements predicting the future is an absolute no-no and goes against everything we know about trading stocks. Placing odds on certain things happening, sure. But saying "THE MARKET IS ABOUT TO CRASH HARDER THAN ANYTHING WE'VE SEEN BEFORE" is just clickbait nonsense. You couldn't possibly KNOW that. The boring follows are the best. Redler >>>>
wolverine88
Active member
went long DIS, BILI and JMIA today. made chump change on BILI. cut DIS loose too early. JMIA doing alright.
CH1
The Artist Formerly Known as chiggins.
Ironically, I think that Ross Gerber guy was super bullish on TSLA when everyone was short....so he banked his coin.
But you're right, the GOATS don't tweet their every move. Which is kind of a problem in itself (if one were to follow them)
Take a guy like Drukenmiller -- the LeBron of traders -- 30% annual returns in his CAREER! He'll go on Twitter and say "I'm ultra bearish right now" but he won't necessarily tweet when he changes his mind two weeks later.
TLDR: it's impossible to follow Furus
CH1
The Artist Formerly Known as chiggins.
DIS was a beast; I was tempted but didn't buy.
All out of DASH, 2x + is good enough. I'm trying this new thing where if I see a juicy profit by 10am, I'll just cash in my chips and try to enjoy the rest of day without being too beholden to the trading screen.
Preston
MBow30 alt account
And ultimately, that's trading. You can't be stuck in one mentality. You need to be flexible and adaptable. The best ones change their minds multiple times a day. For me personally, I am keeping one eye on the whole vaccine/mutation situation but I'm not letting it impact my short-term moves too much. If I see price action reflect fear and the media catches up to a situation that could put a big time damper on vaccination efforts, I'll happily change my mind instantly. For now I am going to take advantage of this ridiculous euphoria while it still exists.
TLDR: Even if the best traders narrated their every move on twitter, by the time they post their moves it's probably too late to just copy them. You need to be quick and flexible.
TLDRx2: think for yourself