Crickets today! Everyone must be too busy selling off.
not me. Up again in my portfolio
Crickets today! Everyone must be too busy selling off.
Win is a win.One of the top performing stocks... XPEV...
Guess who bought it at $33... rode it up to $39 this am... it was not quite pushing above $39 like I thought it should, and I sold it..... Made 20% profit..
Felt real good about that.
Just to watch that bitch continue to climb to $47ish.... this one is gonna sting for a bit...
Yep I made my $$$... but instead of letting winner continue to win... I locked in profits. I know better... I know to sell 50-75% to lock in profits and let the rest run...
But no... Idiot me, got greedy... took the $$$ and ran... just to get slapped in the face...
How can winning 20% on a trade, feel like a kick in the nuts... Watching it run another 20% in the next 2 hrs...
FUCK ME.
Per our PMs, if you take a look at the above screen shot of CHWY... you will see why I sold it... Look at the purple line at the bottom... compare that line to the latest screen shot... I marked my sell spot...Win is a win.
I just sold my AAL stock. Broke even, which is a loss, but I don't see airlines recovering any time soon.
What are you doing with NIO?Stupid CHWY...
I got in to CHWY in a 25% position... it went up, which good,,, then I hope for a small pull back and I buy more...
Well it wont pull back, and keep going up.
I cant complain to much... but the moment I buy more at these levels, then it would pull back... ugggg....
What to do... let my 25% poistion be a winner, or average up higher than I should... I guess its a good problem to have... But sometimes ageraging up, and turn a winner into a loser at these levels...
These are the hard decisions as a trader... Really makes you analyze your beliefs in the direction of a stock, cause if you are wrong, you can turn a winner into a loser, and that truly suxs... what to do.... If it would just pull back a bit, this would be a much easier decision... damn ...
RKT ... doiing exactly what I wanted...
PTON... ohhh myy, I got lucky today, went into a large postion today on PTON... below is my entry/exits... pay attention to the entry... thats why I day I got lucky, I happened to be watching the stock, right when it crossed over the bottom VWAP trend line. Thats normally a great sign that a stock can continue upwards. I did leave a bit of $$$ on the table. But that was a quick hit almost $3.00/share winner.
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What are you doing with NIO?
DAL is up 28% in the last 3 months.
As usual if I would do the opposite of my bright ideas I would be better off.Just sold some of my
BA
DIS
NCLH
I’m betting we have a pull back in the next few weeks. If it happens I will buy them all back. If not it’s always good to take some profit off the table.
All I can say is Thank God I went all in to ETF's. The stock market is hit or miss. You make intelligent decisions based on what is fed to you over the internet only to find out it's BS or they're hiding something. That being said, my stocks have never been worth more. Loving it!As usual if I would do the opposite of my bright ideas I would be better off.
Southwest is doing well also. Also look for BA to make a huge jump. I got in on them in the when they were around $100.
Curious who you are all trading through..
Its not as easy as any youtubers makes it look.Pretty solid day since I'm sitting fat on oil stocks but still pretty far down. Learning a few things from XRING so my strategy is changing on how i look at and play things. Day traders are making are making it look like its a gold mine out there but plays like airlines and cruise lines seem to be the playing field, curious to see how it all plays out.
How about your morning play and why, at the bell lol. I was watching CHWY but didn't see it going up to almost 67.CHWY.... I called out my entry's.... And its doing as I expect... slower than expected, but its moving up should close near $66 today... if I am lucky.
My PLTR day trade... was red... I did get better entrys, I did exit when I shoudl have, kept the loss small enough , but I should have been more patient with it.. rushed it again. ugggg
Bought some NIO this AM on the pull back at $43.99... thats turning out pretty good... bought some more around $46 ish. This one could be a very long term hold for me.
CRM - its slowly slowly moving in the right direction. If she doesnt build up some steam and move faster. I may take my profits and run.
RKT--- wtf... I slowly built in a great position, played it by the rules... I was up 2-3%, and it now a break even trade for me... HUMMMM What to do... I will most likely hold it, but I will honor a stop if it hits my stop level.. RKT is a Rat Bastard today... messing with me... I am doing my best not to double down on that and take a 2x position on RKT... Maybe she is dropping her shorts for me???? Thats some risky business right there. ??? What to do/???
Took an entry position into BLNK today. Hoping to play it as a swing trade, but it may end up being day traded alot. edited... BLNK is takign off, got another 50%... if it hits resistance level and drops... I will day trade it, and take profits, hoping for a pull back.. if not, I will hold for a wing.
Thats my update... OHHH Most important... it should be a green day... unless something bad happens in the next hour and a half.
If this what you guys want to see,,, posts like this... let me know... or would you rather see more charts..
BLNK Chart
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I'm still playing on paper, need to learn some stuff before i break out the green to play.CHWY I have owned for a bit, a few days... I didnt buy any more of it this am... holding a full position
NIO was my first trade this am... it was a 25% entry, I got in right after it pulled back, on the way up.. it was almost a perfect entry...
PLTR. It pulled back, and gave me a false uptrend break. I got in like I should have, but then it dropped... I stopped out.. Still hoping for a uptrend... It gave me another false break out... and cost me more money... did that to me 3x... I gave up on it this am.
Waited for BLNK to pull back, and it did, so I got into it on a small position.... watched it the rest of the day.
CHWY I have owned for a bit, a few days... I didnt buy any more of it this am... holding a full position
NIO was my first trade this am... it was a 25% entry, I got in right after it pulled back, on the way up.. it was almost a perfect entry...
PLTR. It pulled back, and gave me a false uptrend break. I got in like I should have, but then it dropped... I stopped out.. Still hoping for a uptrend... It gave me another false break out... and cost me more money... did that to me 3x... I gave up on it this am.
Waited for BLNK to pull back, and it did, so I got into it on a small position.... watched it the rest of the day. IIt started to break out, and I bought more. Thats the second triangle on the chart. And I turned a winner into a loser, by trying to get cute with it... uggg.. RIght after I bought second time, it dropped. I am now red on BLNK... but I was planning to hold it for a swing trade anyway... I think it has alot of upside. Unless it dropps alot, and gets painfull. I will just hold my position here... play it as a swing trade. I am ia full position on BLNK now... So I have to abide by my rules. set a stop and honor it if it hits that stop. Hope it doesnt pull back to much, Hope it does what I think it will do.
My guess is its the % amount of your total play for a certain stock, being it 100, 1000, 10,000, 25% of that number.What does a 25% entry mean?
My guess is its the % amount of your total play for a certain stock, being it 100, 1000, 10,000, 25% of that number.
My guess is its the % amount of your total play for a certain stock, being it 100, 1000, 10,000, 25% of that number.
Here goes Boeing!
If it goes below $180 I’m going to buy about 20 more shares.
Here is my mark up of the TSLA 6 Month Chart... Things you guys need to learn.
The bottom purple line... called the RSI Relative Strength Index... Compare that line tops and bottoms to how Tesla stock trades in teh candles above it. See how it gets near that 20 RSI line and then pops back up.
See how it gets above the 80 RSI line and drops back down...
In the candle stick start, notice the blue line... 50 Day moving average. Look how the candles trade above and below it.
Alot to be learned on that aspect alone. See how stock price always returns back to that line eventually.
If you look at far right side of the chart, see how high TSLA is trading above that blue line.
RIght now, TSLA appears to be way over bought. That doesnt mean that it will drop right back down. It could just consolidate at this price level over the next week, and take off again. It could pop up more tomorrow morning. or it could pull back.
No one knows. But all of these items on the chart, can give you a better idea of how to trade it.
I would not go all in 100% position on any stock that is trading this high above the 50ma and a RSI this high. If I truly believe that is a great stock to buy with at least a 20% reward, then I might take a 20-25% entry at this level. I say might. But thats me.
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One of the best lessons I ever learned about trading was on AMZN...
Many years ago... I wanted to buy into AMZN... It was trading at $400 ish at that time... I didnt pay retail for anything I waited patiently for a 10% pullback, and I would get in right then... Well AMZN didnt pull back, went to $450,,,, $500... Did I buy in, knowing that I missed $100/share.. Nope. I waited for a pull back...
It went to $550... did I buy... Nope... $600, NOPE.... $750 NOPE...
My dumb ass learned the hard way.... STUPID TAX out the ass on that one.. .I watched it almost double in value, and my first purchase of AMZN was at $785.... at its 52 week high.... Guess what happened... that bitch pulled back hard... OMG>>>> But I doubled down on my purchase on that pull back. Because I believed in it... fortunely for me... I road it to $1400 ish before I took profits.
I have learned alot since tthen... I do things differently.
Why is the AMZN Story relevent to TSLA..
IF you believe that TSLA will increase there sales in CAR, Batterys, Energy Storage, Solar Roofs etc etc etc. Then is has potential to double in value by the end 2021... Thats a bold statement. But it is possible. IF you believe it can, then you might want to pay full retail price for it right now. But if you dont, you might want to wait for a pull back. Either way. Always set a stop order and get out if it drops to that level... My recommendation is just stage your way in... YOu may not be as profitable, you will most likely have to pay higher price for it in a few weeks, but are willing to take that gamble?
Told myself to buy TESLA 3 days ago and didn't have the balls.....Here is one of my better day trades... I am not very good at this at all, but very proud of how I traded NKLA this am.
Now... My first entry was about perfect, my stop protected me and I made a tiny bit of profit... WHy did I buy... becasue it bounced up, off the lower VWAP Line with conviction... I bought 50%, it climbed a bit higher... I bought another 50%... let it ride, set my stop...
I missed the second entry, I paid more than I should have, but I was watching many stocks at the same time... I bought in a bit late,, but I still had faith in my trading plan..
Some key reason to pay attention to... the last 3 red triangles.
First one was a 50% sell because the stock hit a key resistance level, and got rejected hard... hummmm I I sold half... Kept haft, may it pushs thru in a bit.... IMPORTANT... THOSE RESISTANCE LINES WHERE ON THAT CHART, BEFORE I MADE MY FIRST PURCAHSE...
Hit the lower resistance level, bounced up, back down... showing signs of weakness... sold another 25%, holding 25%, for on more chance..
It broke bottom resistance, I couldnt get out fasat enough... out out tout...
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I was thinking of your amazon story as i typed it lol.TSLA...
Will get alot of big funds, pouring $$$ into every 1st and 15th of the month.
Why... because of 401Ks... Once TSLA added to S&P 500, opens it up to pretty much all pension funds.
So... As long as they dont have any huge negative press, then its only going to go up, as long as the markets go up.
My recommendation... Buy a small starter position, even just 10%, just keep adding to that position over time. Its very hard to pay 52 week high for anything. Just remember my AMZN story... How I sat back and just watched it double in value... knowing it was a good buy, but didnt buy it...
IF it pulls back, then buy bigger positions.
Other EV Plays are
NIO, XPEV, LI, WKHS, PLUG, BLNK, CBAT and many others. EVs will be the vehicles of the future. Jump on board this train...