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Started By
Message
Bear market rally
Posted on 7/22/22 at 5:49 pm
Posted on 7/22/22 at 5:49 pm
I knew I should have cashed out yesterday but was afraid of missing out on more short term upside.
Will the market continue to rally next week or is reality about to come back with a vengeance ?
Yes, I am a trader. Not an investor.
Will the market continue to rally next week or is reality about to come back with a vengeance ?
Yes, I am a trader. Not an investor.
14
Posted on 7/22/22 at 5:58 pm to Guntoter1
quote:You tell us Mr. Trader!
Yes, I am a trader. Not an investor.
Good luck losing all your money.
Posted on 7/22/22 at 6:04 pm to Guntoter1
If you didn’t see this coming then go ahead and hang it up.
Very obvious mini bear market rally coming off some oversold levels on a “dead week”. Meaning no economic data, meetings, etc. Now coming into disaster earnings, Jackson hole, 75/l00 rate hike drama, and likely recession print. At a minimum you should have hedged your position yesterday after that red to green rally.
Very obvious mini bear market rally coming off some oversold levels on a “dead week”. Meaning no economic data, meetings, etc. Now coming into disaster earnings, Jackson hole, 75/l00 rate hike drama, and likely recession print. At a minimum you should have hedged your position yesterday after that red to green rally.
Posted on 7/22/22 at 7:08 pm to Guntoter1
Going to be choppy next week
Posted on 7/22/22 at 8:27 pm to Guntoter1
Market comes back down next week. Tech earnings won’t go well
Posted on 7/22/22 at 9:22 pm to Guntoter1
quote:
was afraid
quote:
Yes, I am a trader.
This tells me right here you are not a trader. A trader enters and exits a trade with a concrete plan. The trade risk is already predetermined.
Posted on 7/22/22 at 10:22 pm to Guntoter1
In my humble and terrible trader opinion.
If we open green Monday we'll see upwards of 4170 by end of the week.
If we open red we'll retest the recent lows of 3720 sooner than later.
In other words, up or down.
If we open green Monday we'll see upwards of 4170 by end of the week.
If we open red we'll retest the recent lows of 3720 sooner than later.
In other words, up or down.
Posted on 7/22/22 at 10:48 pm to Guntoter1
My expectation is Apple is going to disappoint and the market will react. I was expecting a run up to 4100 before we went back down. We may not get back to 4100 before we slide more. There continue to be more headwinds in this market than positives right now.
Posted on 7/23/22 at 7:36 am to Guntoter1
This week was a ploy to get y’all to put more in. It’s gonna drop more next week and you’ll never be able to retire
The stock market is a transfer of wealth from people that work to the plutocrats
The stock market is a transfer of wealth from people that work to the plutocrats
Posted on 7/23/22 at 12:23 pm to Guntoter1
quote:
Will the market continue to rally next week or is reality about to come back with a vengeance ?
Yes, I am a trader. Not an investor.
Long/short or long only trader? And what indicators or signals have you been using so far?
Posted on 7/23/22 at 12:45 pm to Guntoter1
It's a stock picker's market
Posted on 7/24/22 at 3:05 pm to Guntoter1
quote:
Yes, I am a trader. Not an investor.
What are your positions? Must be very risky to be this worried.
Posted on 7/24/22 at 8:34 pm to Guntoter1
The best trading advice I can give you is, you’re going to be wrong a lot. Don’t waste energy calling your own shots, just find the worst, most FOMOy traders in the chat room who lack self control and fade him until they go bust.
Treat the trading room like an online poker table, you should have a book of fadeable traders, the sectors they’re biased towards (crypto, pot , ev, etc) , and setups and situations where they tend to buy the tops of crazy moves.
Treat the trading room like an online poker table, you should have a book of fadeable traders, the sectors they’re biased towards (crypto, pot , ev, etc) , and setups and situations where they tend to buy the tops of crazy moves.
This post was edited on 7/24/22 at 8:36 pm
Posted on 7/24/22 at 8:43 pm to Guntoter1
PS take your FOMO out back and shoot it. You’re a trader, there’s a new setup every 10 minutes. FOMO is for crypto kids and meme stock traders.
This post was edited on 7/24/22 at 8:45 pm
Posted on 7/25/22 at 5:42 am to Guntoter1
As an investor, I welcome periods like we’re in since I’m going to be a net buyer for the next 5-10 years.
Any trading that I do is based on the Investors business daily Leaderboard program.
Any trading that I do is based on the Investors business daily Leaderboard program.
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