The first few years of investing I was all…. Diamond hands, never going to sell until these hedgies are fucked, I’m a silverback APES UNITE!
I blew that fucking account up. There is still a few grand sitting in it as a reminder. The second I see a penny of profit I’m out.
Now I’m making 20-120%ish of what I make at my day job. I have stop loss limits set and realistic (1%-18% on stocks and 10% to sometimes 80% on options) sell limits set.
I ain’t fucking around trying to get rich. That shit don’t happen.
I held my shares on Monday knowing it would almost certainly dump on Tuesday. I ain't no paper hands. But I agree with you, does seem like there are a lot of penny flippers on this forum. People are actually bragging about buying the dip in the morning and selling before close. I mean, to each their own. But I think it's been shown that people who buy and hold generally do better than those that trade intra-day. The conspiracy theorist in me thinks short hedge funds are spreading FUD in this forum to prevent a BBBY squeeze.
long or short position?
ive made like 35k but its over past 2 months! day trading every day, making 1-2k at a time, sometimes i lose and get stuck for few days. i buy long and short positions both, and all sorts of leveraged etfs and oil and shit to trade.
but took me 2 months, 1 day is fantastic!
Overemployement, tech companies letting go their worker is a good thing. Company expenses decrease revenue increase and those job opening at wendys can finally be filled.