CODX finally made a big move.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
CODX finally made a big move.
$MRNA made the biggest recently but most of these on the ‘Rona list are dead. They all made BIG profit when I first posted.
but did you see WTI (oil) trading at $10? It is almost time.
I bought $NVAX at 9 and sold at $15. It’s at $24 right now, but looks overbought.
They done. They were struggling well before this. Can’t see them coming back
uhhhh....that was -38. Not 38
Click for tweet storm
hmmm...how did this work out with the oil prices bottoming out? I was looking at bio stocks all day.
$DWT closed but it would have gone through the roof today.
there are other inverse (short) ETFs for oil out there.
thanks for responding. I’ve been trying to soak up as much info as I can. Especially regarding short selling.
No problem. Feel free to quote or @ me anytime you have any questions. We need an active thread because the main one died until I bumped it during my $TSLA post
@Thrill3Seeker $SCO is a good replacement for $DWT. Check it out, up 40% today.
Just a FYI for some of the newer investors. Be sure to put a trailing stop loss on EVERY company you have shares with. I generally set mine between 5 and 10 percent.
I had a few trigger these past couple of days.
I had a few trigger these past couple of days.
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Depending on the company, I buy more stock after a 10-15 percent loss. My risk tolerance is a bit high though.
For this comment, i would make sure you mention to brothas about the PDT rule. If a brotha bought too many stocks in one day with high volatility, he could get flagged if he has less than $25k equity.
Only if using a margins account. Cash accounts this doesn't apply - right?
i use TD Ameritrade. Not sure if that rule applies with them.
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PDT rule only applies to margin accounts, not cash accounts.
@Thrill3Seeker touched on the part 2 of setting a trailing stop loss on your companies. Seriously consider setting a limit order or trailing stop loss to take advantage of the ships and rises without having to sit in front of your computer all day monitoring stocks.
PDT rule only applies to margin accounts, not cash accounts.
@Thrill3Seeker touched on the part 2 of setting a trailing stop loss on your companies. Seriously consider setting a limit order or trailing stop loss to take advantage of the ships and rises without having to sit in front of your computer all day monitoring stocks.
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True, it does not apply to cash accounts but you need to margin account to be a short seller. If you are not into that then don’t worry about margin. Most day traders are short biased.
If you are following advice of @Tito_Jackson to set tight stops, you are likely a day or swing trader which would merit a margin account. True long investors don’t need stops that tight because they aren’t buying for a quick hold and flip.
I’m starting to see the nuances of short selling. I’m not ready to dive in with that just yet. Right now is “earnings season” and I’ve been hunting healthy companies that will get a good earnings bounce.
IMO to shortsell you gotta have
You gotta know what you're doing
I think of it like betting that a team that is favored not covering the spread.
bought a few shares of inovio a few weeks ago at $7.35.....price dropped down to like $3, I thought of picking up some more but didn't bother
Now its up to $14.41 smh
Now its up to $14.41 smh
@Tdot_firestarta
If you are not already doing so, start looking at the 5 year history. That will give you a good indication regarding the potential to bounce back.
For the newer investors, if you see something like GE, Walmart, Amazon, etc. have a really bad day on the market, buy. Stocks like those will bounce back. This is a quick and easy way to make money on margins.
If you are not already doing so, start looking at the 5 year history. That will give you a good indication regarding the potential to bounce back.
For the newer investors, if you see something like GE, Walmart, Amazon, etc. have a really bad day on the market, buy. Stocks like those will bounce back. This is a quick and easy way to make money on margins.
Trying to ride out out to 15 /16 then im out
Today’s volume for $INO is crazy. 35 million in an hour.
They have had some good PR this week. $codx too.
Another ‘Rona play is $DECN. Just had a major washout, got in LONG at $0.23
I grabbed WTI when it was $1.90. It's almost double today. Gonna set my trailing stop loss and sleep good tonight.
I only wish I would have went all in. Lol!!!
I only wish I would have went all in. Lol!!!
$OAS running hard in AH. Closed at $0.67 and now at $.88
$AXAS can be added to watch tomorrow. Should run to $1.00 at least based on AH action and demand in the sector.
Business is booming for Amazon, Netflix, and Walmart during pandemic
While Netflix, Amazon, and Walmart have thrived, airlines, cruise line operators, and other companies in the hospitality industry have taken a beating during the COVID-19 pandemic.
$OAS at $1.00 in PM
$AXAS at $0.60 in PM (closes at $0.29 yesterday)