Anyone investing heavily this year??

[xfactor]

that is why I said you can make a lot of money quick if you have good start up capital, a great premarket scanner, and a broker that has inventory to short.

even on these stocks that run up in PM, you can wait on the momentum to slow and short them all the way back down.

yesterday, I believe $JFIN ran up to 1,000% but closed FLAT. That shit is as likely as hitting the lotto.

Those gap downs are crushing in the AM. Bad Pre-Market followed by 9:30 panic can destroy a portfolio

 

[xfactor]

Oh yeah -

INVERSE (SHORT FUND) ETFS
$TVIX
$UVXY
$SDOW

When the market is like today, these tickers run like Jesse Owens in the 1936 Olympics!

 

[xfactor]

$CTIB
$KSBF

running in AH

 

[xfactor]

$CTIB
$KSBF

running in AH

Shit! $CTIB up 30% since I posted this.

 

[althes]

I got some DIS and BA and GS today.
Will hold them as my base.
Still got some HTZ left but made a nice profit.
Today was a nice day to buy.
But I have gone to 50% cash for the moment.

 

[althes]

Can I also please get the discord link.
Also guys look into USB as good play, was down to 36.00 today a few days ago was trading at 42-44.

 

[sickwidit]

Anyone know the story with XSPA? I had it and it was doing nothing but slowly losing pennies and I sold for a loss on the 8th. Continued to drop all the way down to $1.67 and then it skyrocketed and is selling over $5. Fucking aye...

 

[hottmixx]

Red all day. I’m guessing it’s going to continue to drop over the weekend. I’ve been anticipating this moment since they opened everything back up and the protests got people out getting infected. Covid cases are rising fast. I got rid of everything yesterday except $MSFT and $OXLC which I’ve been stuck in trying to break even on for the past 3 months. I have my cash reserve ready to buy up as much as I can next week. This is the transfer of wealth period.

 

[xfactor]

Red all day. I’m guessing it’s going to continue to drop over the weekend. I got rid of everything yesterday except $MSFT and $OXLC which I’ve been stuck in trying to break even on for the past 3 months. I have my cash reserve ready to buy up as much as I can next week. This is the transfer of wealth period.

Yep, red tomorrow too, IMO. That is why I posted the inverse funds to grab.

 

[xfactor]

Anyone know the story with XSPA? I had it and it was doing nothing but slowly losing pennies and I sold for a loss on the 8th. Continued to drop all the way down to $1.67 and then it skyrocketed and is selling over $5. Fucking aye...

$XSPA wasn’t up. It had a 3:1 reverse stock split.

 

[sickwidit]

Ahh I see so it was artificial. So if I had 99 shares and they did this that means my account would only show 33 but just for a higher price?

 

[lazarus]

Red all day. I’m guessing it’s going to continue to drop over the weekend. I’ve been anticipating this moment since they opened everything back up and the protests got people out getting infected. Covid cases are rising fast. I got rid of everything yesterday except $MSFT and $OXLC which I’ve been stuck in trying to break even on for the past 3 months. I have my cash reserve ready to buy up as much as I can next week. This is the transfer of wealth period.

its already up after market

 

[Thrill3Seeker]

Ahh I see so it was artificial. So if I had 99 shares and they did this that means my account would only show 33 but just for a higher price?

Yep.

XSPA had a nice run AH. Hoping for a continuation in PM for them GNUS and EMAN.

 

[hottmixx]

its already up after market

I see. It’s going to be an interesting day today.

 

[sickwidit]

Learning another lesson today, play the potential swings that got beaten down yesterday. Once I sold I took stocks off my watch lists but can easily jump in and out to get rebound.

 

[xfactor]

$CTIB
$KSBF

running in AH

gapped up BIG Time

 

[dik cashmere]

I sold my hertz yesterday after losing a bunch of money on it and now see it’s back over $3 in premarket

 

[Aww Skeet Skeet!]

I sold my hertz yesterday after losing a bunch of money on it and now see it’s back over $3 in premarket

All together, the drop yesterday was a net loss of 15k for the portfolio. But I've held my long positions for so long that I'm decently insulated for these kinda swings. Hopefully today, I can recover at least half back.

 

[xfactor]

$HTZ with the deadcat bounce off of a proposed $1B sale of their stock? The line for rentals with them and Dollar (which they own) was deep at the airport.

 

[xfactor]

Oh yeah -

INVERSE (SHORT FUND) ETFS
$TVIX
$UVXY
$SDOW

When the market is like today, these tickers run like Jesse Owens in the 1936 Olympics!

Bouncing back hard after the big drop at open. Picked up more on the dip.

 

[HellBoy]

STOP LOSS MANIPULATION?!?!

So the market can see where investors have their stop losses set. They can move the stock down to kick you out to profit.

Why I stopped using stop loss orders

A big problem with stop losses is that you give up control of your sell order. During volatile markets, that can cost you money. But there is an alternative,...

www.marketwatch.com

 

[Kubrick]

Bouncing back hard after the big drop at open. Picked up more on the dip.

I have been tracking them today. UVXY AND TVIX are positive now. SDOW only down .3.

 

[xfactor]

STOP LOSS MANIPULATION?!?!

So the market can see where investors have their stop losses set. They can move the stock down to kick you out to profit.

Why I stopped using stop loss orders

A big problem with stop losses is that you give up control of your sell order. During volatile markets, that can cost you money. But there is an alternative,...

www.marketwatch.com

Touched on this a few pages back when I explained $GNUS.

that is why I am anti-stop loss unless you are a true day trader. IMO, you need about $100k minimum in equity to even try it.

 

[HellBoy]

Touched on this a few pages back when I explained $GNUS.

that is why I am anti-stop loss unless you are a true day trader. IMO, you need about $100k minimum in equity to even try it.

From the comments of article posted:

"HFT algorithms are designed to manipulate the market into taking out your stop loss then reverting back to normal price. My coworker had this happen several times. Mental stops are much better than stop losses which are gamed routinely. "

 

[Madrox]

Interesting.

 

[xfactor]

From the comments of article posted:

"HFT algorithms are designed to manipulate the market into taking out your stop loss then reverting back to normal price. My coworker had this happen several times. Mental stops are much better than stop losses which are gamed routinely. "

It’s basically poker. Gotta know when to hold and fold. That is why strategy is key, brothas!

 

[xfactor]

COVID cases spiking.

$SCO in play for me. (ETF shorting oil)

 

[xfactor]

Interesting.

Level 2 allows you to see the bids and asks and sizes. When you put in a limit order, even a stop loss, the order is picked up on level 2 so the algos and the hedge funds can see it and they can’t wait to take you out.

 

[hottmixx]

Level 2 allows you to see the bids and asks and sizes. When you put in a limit order, even a stop loss, the order is picked up on level 2 so the algos and the hedge funds can see it and they can’t wait to take you out.

Very informative.

 

[rph2005]

damn. this thread still going strong huh? i never envisioned it to get this long. great to see brothas giving each other advice and stock tips. i haven't really been trading this year. sitting put for now. biding my time. did well last year.

 

[MFvoski]

STOP LOSS MANIPULATION?!?!

So the market can see where investors have their stop losses set. They can move the stock down to kick you out to profit.

Why I stopped using stop loss orders

A big problem with stop losses is that you give up control of your sell order. During volatile markets, that can cost you money. But there is an alternative,...

www.marketwatch.com

This is great info

 

[Thrill3Seeker]

This is great info

Level 2 allows you to see the bids and asks and sizes. When you put in a limit order, even a stop loss, the order is picked up on level 2 so the algos and the hedge funds can see it and they can’t wait to take you out.

Yeah. Stop Loss raids SUCK.

That’s part of it though.

If you want to make money day trading, don’t expect to put shit on auto-pilot, leave the house, and come back home to a Ferrari being delivered.

 

[sickwidit]

STOP LOSS MANIPULATION?!?!

So the market can see where investors have their stop losses set. They can move the stock down to kick you out to profit.

Why I stopped using stop loss orders

A big problem with stop losses is that you give up control of your sell order. During volatile markets, that can cost you money. But there is an alternative,...

www.marketwatch.com

I wonder does this apply to trailing stops as well? I’ve started to use more complex conditional orders now

 

[head214]

Saw a post this morning that Buffet fucked up selling off all his Airline stock but made it up by picking up Sirius radio. Also there is a thread on here where someone said the company that pushes Tesla’s batteries just announced they have a battery that can get 1 million miles! CATL. Have to pick up a decent option on Tesla on Monday and that company.

 

[HellBoy]

Saw a post this morning that Buffet fucked up selling off all his Airline stock but made it up by picking up Sirius radio. Also there is a thread on here where someone said the company that pushes Tesla’s batteries just announced they have a battery that can get 1 million miles! CATL. Have to pick up a decent option on Tesla on Monday and that company.

I think I read the same article. Weren't they saying he went with Sirius due to the new man in charge there? Maybe this is a long term play. As far as the battery company, I didnt see them listed on TD, what ticker symbol you looking at?