No shit it doesn't lol. The only thing that matters is if people are buying or selling. If the risk of selling is high, don't hold it b/c shit will go down. We saw that this week (AI IS A BUBBLE!!!). We're seeing that everywhere as people sell left right and center. I saw the trends just starting last week - which I identified as a macro risk. I posted last week what I did re: tech - sell it all and go cash. I was bang on the money. A bunch of guys thought I was dumb for selling it all. Fuck em, risk management wins.
[https://www.reddit.com/r/PaperHandsInsights/comments/1ok4mlj/tech\_week\_exited\_all\_tech\_realized\_profits/](https://www.reddit.com/r/PaperHandsInsights/comments/1ok4mlj/tech_week_exited_all_tech_realized_profits/)
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This week I averaged into GAP calls on the dip (22 & 24c's). Average was when GAP was between 22.5 & 23.
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Today I played 0DTE's. Good money on them.
[https://www.reddit.com/r/wallstreetbets/comments/1or2d1b/10k\_28k\_180\_gain\_0dte\_scalps\_this\_morning/](https://www.reddit.com/r/wallstreetbets/comments/1or2d1b/10k_28k_180_gain_0dte_scalps_this_morning/)
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All 3 plays were correct. TBH I rarely do DD / a deep dive. It literally doesn't matter. I'll do DD to get long term conviction - but that doesn't mean jack shit short term. IE: Long term I'm bullish on GAP, but I still sold my shit the other week (as I thought others would). I was right. I waited for a dip and re-entered.
Markets are weird.
Made a nice return on six flags and bbai puts. bbai has earnings on Monday, but I tapped out before then. Bought ticker B/ Barrick Mining Corp calls for Monday’s q3.
Spam Mikey B buying puts again all over the news.
Spam AI bubble bursting all over the news.
Get every retard and their retarded grandma to buy puts thinking they are living the big short.
Pump the market back up.
well played, well played.