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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.

  1. Simon

    Capodecina

    Joined: 21 Oct 2002

    Posts: 23,925

    Location: Berks / Moscow

    Unfortunately this happens 99% of the time, they pump up. hit peoples targets, people get greedy and want more, then when it drops:

    'ill wait for it to go back to where i was going to sell' and it doesnt. before you know it you are sat on a loss to scared to sell so you hope it goes back up. (it doesnt.)
     
  2. Sharkhouse

    Gangster

    Joined: 19 Aug 2020

    Posts: 131

    Location: Bristol

    I think this is wise. Who can know to be honest. I certainly don't. Buffet however is accumulating an enormous amount of liquid cash. He certainly expects a bear market I think.
     
  3. Theophany

    Perma Banned

    Joined: 1 Sep 2010

    Posts: 11,227

    Location: Bell End, Worcestershire

    You can't beat the people who make the system.

    e: also, get a paywall bypass addon for your browser! :p
     
  4. 413x

    Capodecina

    Joined: 13 Jan 2010

    Posts: 21,838

    Location: Llaneirwg

    There's going to be horror stories on this one I think .
    People who have gambled waay too much knowing waaay to little
     
  5. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,065

    Location: Europe

    Never understood why people thinks it's ok to share paywalled links.

    GME over $200 still. Pretty sure most who go in on Monday will still be massively up.
     
  6. G-MAN2004

    Caporegime

    Joined: 4 Jul 2004

    Posts: 30,235

    They tried their hardest to sink it, but we're fighting back. I'm not jumping ship no matter what.
     
  7. MORE SPEED

    Wise Guy

    Joined: 15 Nov 2008

    Posts: 2,493

    Location: Reading

    Volume is pathetic compared to yesterday. A few people have undoubtedly been scared off by the dip, but I don't think this is indicative of what's to come.
     
  8. Sharkhouse

    Gangster

    Joined: 19 Aug 2020

    Posts: 131

    Location: Bristol

    To be fair it doesn't appear for everyone. There's probably a bunch of people looking at it that caused it to trigger the pay wall
     
  9. Sharkhouse

    Gangster

    Joined: 19 Aug 2020

    Posts: 131

    Location: Bristol

    Props to you bruh.
    Just make wise decisions and don't spend more than you can afford to lose.
     
  10. 413x

    Capodecina

    Joined: 13 Jan 2010

    Posts: 21,838

    Location: Llaneirwg

    Really? What out of interest do you think will happen?
    You don't think it will stay up at these levels surely?

    Genuinely interested in your view
     
  11. Sharkhouse

    Gangster

    Joined: 19 Aug 2020

    Posts: 131

    Location: Bristol

    [​IMG]
    The Dunning Kruger monster has come out to play it seems.
     
  12. Ahleckz

    Capodecina

    Joined: 7 Nov 2009

    Posts: 18,183

    Location: Glasgow

    I think it's going to go back up...

    I think we all got played.
     
  13. MORE SPEED

    Wise Guy

    Joined: 15 Nov 2008

    Posts: 2,493

    Location: Reading

    I've already covered my initial investment, so I'm a bit bullish on this, however there are still a multitude of call options expiring tomorrow. Assuming the price remains above 115 all of the call options below that will expire in the money. In the short term I feel like it'll likely still spike again, but this is in no way a permanent thing.

    The question is how much of this current rise is the shorters covering their positions?
     
  14. Casdawer

    Mobster

    Joined: 14 May 2009

    Posts: 3,887

    Location: Hampshire

    It seems I have 0.98 GME so technically still in the game. Will see where it lands around 8:30 and just pack it in.
     
  15. 413x

    Capodecina

    Joined: 13 Jan 2010

    Posts: 21,838

    Location: Llaneirwg

    Ah fair.
    Yes. Anything could happen in short term. Was wondering if there were any of the view this can stabilise at these levels.
     
  16. Trig

    Mobster

    Joined: 18 Oct 2002

    Posts: 4,520

    Location: Leicestershire

    The way I look at it, even though I'm now down on GME and EXPR, across my entire 212 account I am up just over 33% as it stands now..
     
  17. Noxia

    Sgarrista

    Joined: 30 Dec 2010

    Posts: 8,586

    Location: Wiltshire

    NB: I know nothing and just fanny about as if this was betting on football I know nothing about.

    I read an opinion that the price was artificially driven down (how I don't get) to make it look like mass sell offs but the volumes didn't reflect that. With the goal of making people panic and sell too.
     
  18. Sharkhouse

    Gangster

    Joined: 19 Aug 2020

    Posts: 131

    Location: Bristol

    It sort of did with TSLA. A different situation to a large degree but it was still a short squeezed, hyperinflated fever dream.
     
  19. Martynt74

    Capodecina

    Joined: 20 Feb 2004

    Posts: 16,074

    Location: Higher Walton


    It’s difficult to know what’s true and what’s crazy conspiracy theories isn’t it!
     
  20. G-MAN2004

    Caporegime

    Joined: 4 Jul 2004

    Posts: 30,235

    The shorters are selling borrowed stock to each other to drive the price down in an attempt to scare people into selling.