Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .

tical

Rising Star
BGOL Investor
GET THE FUCK OUT....
$NIO

Buy back(For next week) when the dip settles

Update: Citron research tweets sets $25 price target on Nio (BTW, Pure market manipulation to drop the price to make a killing next week off earning reports. Yes! The game is rigged!)

Citron says take profits on Nio
Nov. 13, 2020 9:58 AM ETNIO Limited (NIO)By: Clark Schultz, SA News Editor75 Comments
  • Citron Research pulls the plug on its recommendation on Nio (NIO +11.3%) about two years after making a surprising bullish call on the EV automaker.
  • "It is time for investors to rotate out of NIO, enjoy your profits and look for the next disruptive technology," the firm.
  • Citron's price target of $25 indicates a drop of more than 50% for Nio.
  • Wall Street is still leaning heavily to the bullish side on Nio with 9 Buy-equivalent ratings, 5 Neutral-equivalent ratings and 1 Sell-equivalent ratings on the books.
  • Shares of Nio have taken just the slightest of turns lower after the Citron call. The Chinese EV sector is riding higher today after Li Auto's earnings report.

 
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tical

Rising Star
BGOL Investor

tical

Rising Star
BGOL Investor
Anyone concerned the US is heading towards another lock down?

Concerned? At this stage and with these numbers it's pretty much has to happen.
Sadly, the previous regime half assed it the first time.
I'd expect provisioned in the form of monthly stimulus payments made to sustain folks.
But yeah from Jan 20th to about about Feb-Mar it is going to be a full lock down.
 

Aww Skeet Skeet!

The antithesis of nonsense.
BGOL Investor
Concerned? At this stage and with these numbers it's pretty much has to happen.
Sadly, the previous regime half assed it the first time.
I'd expect provisioned in the form of monthly stimulus payments made to sustain folks.
But yeah from Jan 20th to about about Feb-Mar it is going to be a full lock down.

Guess I'll be prepping my stop losses and these long play puts.
 

Basetip

Rising Star
BGOL Investor
WOW... I was under the impression that Option plays didn't count against the Day Trade rule in Robinhood... am I mistaken? Because they're telling me I'm in jeopardy of the DT penalty....just WOW
 

tical

Rising Star
BGOL Investor
Guess I'll be prepping my stop losses and these long play puts.

Long puts plays are one way to go. But for me personally i'm not playing anything call/puts long. Too much can happen and things are changing constantly. So i play the short position 1 month or less..really 3 weeks or less. I basically play the hand that's given at the moment.

The market is going to be volatile for awhile and unpredictable, imo.
 

tical

Rising Star
BGOL Investor
WOW... I was under the impression that Option plays didn't count against the Day Trade rule in Robinhood... am I mistaken? Because they're telling me I'm in jeopardy of the DT penalty....just WOW

I'm sorry to hear than. But, Yes they do! Violation of the PDT rule means you won't be able to close any position options/stocks the same day going forward for like 90 days(iirc). So whenever you open a position you can't close it until the next day.
 

tical

Rising Star
BGOL Investor
GOTDAMMN!!!

Citron KILLED $NIO...down almost 15% in a matter of hours..from a high of $54 to currently $41...

Now i don't know what to expect on their earnings report next week.

@havelcok i hope you closed your 5k profit awhile back.


:smh::smh::smh:
 

King D

King D
Registered
GOTDAMMN!!!

Citron KILLED $NIO...down almost 15% in a matter of hours..from a high of $54 to currently $41...

Now i don't know what to expect on their earnings report next week.

@havelcok i hope you closed your 5k profit awhile back.


:smh::smh::smh:

Just bullshit institutional market manipulation to me. Drive the price down so the big boys can get in super low. Meanwhile, most of the small investors lost there ass and are probably scared to go back in. Smh
 

Uncle John

Rising Star
Registered
I appreciate the encouragement here on the thread to take a profit when it’s there and play another play thereafter.
Did well on PLUG this week and nickle and dimed GE on $40-65 profits throughout the week.


 

xfactor

Rising Star
BGOL Investor
GOTDAMMN!!!

Citron KILLED $NIO...down almost 15% in a matter of hours..from a high of $54 to currently $41...

Now i don't know what to expect on their earnings report next week.

@havelcok i hope you closed your 5k profit awhile back.


:smh::smh::smh:
It would be wise to follow that group. They actually have the weight to move the market with a tweet. They aren’t the only ones.
 

xfactor

Rising Star
BGOL Investor
I’m holding $NIO over the weekend but selling right before earnings. It will drop. If I’m wrong I’m wrong but i see it taking a 20% haircut. $LI was up in AH.
$NIO dropped faster than I hoped but it still has plenty of room to fall. If no rebound Monday, I’m reversing to short.
 

HellBoy

Black Cam Girls -> BlackCamZ.Com
Platinum Member
From Ziptrader Circle

This is a long post, but I'd like to share some of the experiences and wisdom I've picked up during my trading career.
Just a little food for thought for those that are new to options trading or trading in general. By borrowing from day trading strategies and applying them to options, intra-day, especially on expiration day, it's possible to yield 1000%+ profits in an hour, sometimes less. The caveat, of course, is that these are risky trades. The key is discipline, staying in the trade only if the trend holds, and getting out with zero bias or hesitation if it turns against you. In my time, I've learned that analysis is easy; it's the discipline of entering and exiting trades that takes years to develop. It will, without a doubt, be the most challenging aspect of what will hopefully be a long and prosperous trading career for you. Let me cite a few examples I've personally seen from the past few days:
SPY options expire every two days. This is perfect for those who are subject to PDT rules and want to see significant gains. It allows for three great trades per week. With good discipline, you won't take any losses and will only lose one of your three day trades for the week if you get stopped out. So what actually happened? In the last 30 minutes of the day, the 11/09 358 puts jumped from $.25 to $5.40 on a $6 move from $360 to $354. That's 2,150% in 20 minutes. Easy way to turn $100 into $2000. If you'd like to see how this looked, analyze the last hour of trading on a 5 minute chart for Monday 11/09 for SPY. I personally use a 9 SMA in conjunction with bollinger bands, whose center line is actually a 21 SMA, to determine trend continuation. For downtrends, I look for price action that stays between the bottom bollinger band and the 9 SMA. A across above the 21 SMA is my cue to exit the trade, with very rare exception. The picture I included illustrates what this looks like from my perspective. Another example...
Last Thursday 11/06 255 calls on SPOT were trading for $.30. This was a trade that I actually took, but closed the position at $2.00 for a healthy, albeit premature 600% gain. Low and behold, at the end of that day, those calls sold for $5.70. I wasn't bitter until the next day, when those same calls sold for $18.50 at end of day. If I didn't let fear pull me out of that trade, I would have realized a 7,200% gain. Better to take small profits than big losses though, always.
Best of all, and truly a unicorn of options trades, 11/13 280 puts on BIIB were trading at $.50 this past Friday. Monday morning they sold for $81.00, a 16,000% gain. If you check out the chart it's obvious why this was possible. A $500 bet would have netted you $80.000. The downside? You lose $500 if it moves against you. To me, that's a very acceptable risk/reward. Hell, even for $100 you would have walked with $16,000. Very acceptable. For being a level 99 speculative trade, those that took it will remember it for years to come.
These are just a few examples of trades that really happened. Anyone that took these trades should be proud of themselves. I'm not recommending that anyone just throw money at options. Learn your greeks, learn extrinsic/intrinsic value, and learn how to use time decay to your advantage. I actually recommend watching the option chain during market hours and taking note of how prices are affected as a stock moves up and down. It will give you a great idea of how derivative pricing works.
My best trade to date was 3,500% on CHK before it was delisted. I'm still proud of that one, and I've had a few homeruns since then. I've only been doing this for about a year, but I've invested a great deal of my time, emotions, and capital to get where I am today. If I can do it, anyone can do it. Stay positive, be objective, work on your discipline, and don't take anything the market does personally. Good luck and happy trading!
 

sickwidit

Rising Star
BGOL Investor
Damn. All my positions in LI, Plug, NIO & Xpev are up crazy during pre-market. It’s about to be a crazy day
I couldnt get out of my Dec. calls so unless something changes I'm ride or die through ER. Even when it was at $53 the premiums on NIO were fugazi. It was so deep in the money it was completely illiquid so the pricing was trash. As long as it stay above $40 after ER i max out though. Nio day is January 9th so I am going to look for some cheap jan calls if it dips on Monday or after earnings.

For all those playing NIO some info on NIO Day:

As the biggest annual gathering for NIO's car owners, the NIO Day served as an eye-catching stage where the startup launched all-new products. The ES8 and the ES6, NIO's first two mass-produced models, hit the market at the 2017 and 2018 NIO Days respectively. At the NIO Day 2019, the company launched its third production model—the EC6, the all-new ES8, and its 100kWh battery pack.

According to some local media outlets, NIO is likely to launch a new high-performance premium all-electric sedan dubbed “ET7” at the forthcoming NIO Day. At the Auto China 2019, the ET7 Preview, purportedly the preview version of the yet-to-be-launched model, made its debut in Shanghai.
 

HellBoy

Black Cam Girls -> BlackCamZ.Com
Platinum Member
This is good! Post more if you have it.
Here is the chart he posted with it. Says he looks for this type of setup of large and mega cap stocks. TSLA moved from .50 to 2.50 for instance. Look for stocks that can move 10% in a few mins.

nggBaUd.jpg
 

HellBoy

Black Cam Girls -> BlackCamZ.Com
Platinum Member
From ZipTrader Circle:

Friday we ended with some all time highs, so we have 2 different plays tomorrow, stocks the fell and are good deals now; and confirmation plays that are still rolling - and you can hop on. Let's take a look:
CHWY: CHWY is right at its support around $62.03. It has had extremely good success rebounding in this area to highs over $70. It is ALSO riding the 200MA which is another level of support it respects. Could be a great trade.
CNCE (Confirmation Play): It confirmed on Friday, and is now cruising. Support it loves is $10.75, so you need a stop lose right under that. It is also above the 50MA, which is also respects highly. We also see on the 10D chart, a ascending / coiling triangle, might bust up! If runs it will be an easy 8%.
CRK (Confirmation Play): We called this 6 days ago, and we are currently up 10% on it. The only issue is we see the 50MA and 200MA fairly close to the price right now. We also see a rejection candle on Friday. IF it breaks these MA lines, watch out it is going to run crazy, but in now - and set a stop lose below the 10MA.
EXEL: How much loser can it get?! If it breaks $19.95, cut it. Simple as that. IF it show life we are talking an easy 7% with very low risk.
FEYE: It is above the golden ascending triangle pattern I love waiting for, but it has great factors. It is at a support which is $14.50, and currently right at the 50MA. You got two options, invest now and increase your chance of risk - but you won't miss this move I see possibly coming. OR, be conservative, wait for it to enter this channel and hope it doesn't take off without you.
FNKO (Confirmation Play): This took off after earnings, and pulled back. It tested the 50MA and bounced, and now above the 10MA and above support. If it continues, easy 9%. Place a stop lose under validation which is the 10MA.
HELE (Confirmation Play): It just broke its second support, and hanging above the 10MA (Confirmation). If it continues it will be an easy 5%, just put your stop lose under $192.00.
HLIT: Love this. It has a ascending triangle golden line which I love, if it at support at $5.95, it has the 200MA under it, AND if it shows green and holds, above the the 10 and 50MA in one day. IF it goes, easy 9%, we also have a bullish divergence; where the price goes UP, but the RSI stays LEVEL (we will cover this on my YouTube, but just believe me lol)
KOPN: We have to wait on this bad boy to hit at LEAST $1.2639 for it to be a good deal. It has succeeded 100% the last 5 months to be green at that price point; this does NOT mean this is a 100% guarantee, just has great history of success.
LAMR (Confirmation Play): For those who follow, we called LAMR at $60.25, and rode it for a cool 50% 2 weeks ago. Now it is re-testing the support at $73.00. It JUST bounced and has confirmed, so I do not love these plays often, but given the steam and poll back - with the bullish divergence, it has great steam.
RAPT: We have a quandary with this, very similar to FEYE. We have a golden ascending triangle pattern RIGHT below, but it is at the 200MA - which it also loves to play off of. So again, we have high success, but HOW LOW do you want to go before it leaves you behind? But this has great history and is going to bounce soon.
RRC (Confirmation Play): Just broke the resistance at $7.10. It does have to break this 200MA, but if and when it does - it will have some great steam and room to run. Just confirmed for y'all who like safer plays.
SKX: We called SKX last week, and made a cool 15%, and now it sitting at the 200MA, AND support at $31.56. Should run another 5%, maybe even 10%.
SMAR: Speaking of RRC and FEYE, same problem with SMAR. At support and 200MA, but that lovely golden channel is a few cents below! Given this thing's volatility, I would feel comfortable going in sooner than later! Should have great room for 10% - 15%.
Let me know if you have any questions or comments, if you WANT live updates on these picks, please follow my Twitter "5/3 Trading" or "@FifthThirdTrade" for live updates, confirmation, and validation of these plays! Thanks!
 

tical

Rising Star
BGOL Investor
Anyone got a feel on Walmart earnings for Tuesday? You'd think with the Pandemic their earnings should be off the charts.
 
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