/biz/ - Business & Finance

FIRST

>>29112152

>invest 2 days ago
>suddenly bobo kicks in
I'm sorry bros, I cursed the market

don't step on a crack

How I feel waking up to negative
-£800

I CANT BREED

>>29112328
classic

>>29112152
It should be illegal to shill in the op.

>another red day for AMD

>>29112438
You are fucking stupid. I literally just listed companies that have earnings reports next week. Just leave if youre so fucking idiotic.

>>29112152
OP IS A FAGGOT

I already was at 16k and market ruined almost a month of gains yesterday

>Lost 200 bucks the last 2 days

>>29112471
You're literally a cum chugging faggot.

>>29112495
Look out, a mad retard!

>>29112373
or you'll marry a black (as my grandfather used to say)

>>29112488
compared to most here, thats a win

>>29112488
That's cute.

>>29112488
What the fuck I feel the exact same and lost similar amounts. I will never make it

Please not another red day bobo

>>29112488
>lost 10k in the past 2 days

>>29112438
You need to go back.

>>29112563

STILL has not fucking settled...

>>29112600
Meh, at least I don't own any GME.

>>29112563
This is still a bush league portfolio

>>29112488
Shut up. I'm done buying calls for now. Anyone have any good plays on cheap stocks that I can sell puts or covered calls on? I am already in UUUU and DNN but it doesn't feel too safe being all in Uranium

>>29112488
>lost 8k in the past week
i just buy more.. when red only.. never sell only when green. +480% all time no options. you literally can't lose if you don't realize losses

>>29112708
>buying calls
>not selling
lol?

>>29112745
>buy house
>house burns down
>I'M NEVER SELLING!
very cool

These threads have been inflated since GME. After hours is so comfy and calm

post pizza

>>29112812
every day is just various bagholders shilling their shit stock in pathetic bullish attempts

Google pls

>>29112487
>>29112488
why didn't you listen to the cash gang, we told you guys to get out

>>29112863
It's over...

>>29112488
>lost 400
It could be worse, but...

>>29112785
I learned my lesson. Getting raped by decay and gambling on weeklies is not fun. I also suck at timing calls that are 3 months out because they immediately go negative due volatility and shit

Please not another red day

What are you giys actually bullish about tomorrow? For me it's PLTR. Held crazy well with the massive volume

>>29112863
Get those BAT based mf

>>29112495
what a retard, fuck off nigger

>>29112959
make me, retard

Bayhorse is gaining strong lmao

Guys take a look at EIGI
Why does goldsteinscrotum care so much?

https://finviz.com/insidertrading.ashx?tc=1

I hope you're ready for it

>>29112488
>tfw 25k

>>29112915
dont do options on memes, do it on stocks that you dont mind holding

>>29112488
I wipe my ass with $200.

>>29112461
red days mean buy more

>Be me
>Work really hard and make 4k, in a month trading penny stock.
>Be a dumb fuck and lose it all on GME
>Back to square one
>Recover more than those 4K, but this time only in 2 weeks day treading penny stock.
>Relose it all again on SNDL.
I guess I’m learning faster and faster ways to make 4K, each time I lose it.

Hope I don’t pay taxes on all those 4K I didn’t keep.

>>29112909
I need those pants

>>29112863
Oh no. That's the only position I made any money on at all yesterday and now its tanking after hours.

>>29113223
You WILL work for pennies
You WILL invest those pennies in shit stocks
You WILL lose money
You WILL pay tax on lost income
You WILL be happy

If you don't have at least 2 years experience in investing you should avoid meme stocks and buy boomer blue chips.
Don't listen to those degenerate gamblers.

>>29113183
That’s disgusting.
Other people feeces are on it, probably corona as well.
Stop being a cheap fuck and go buy some actual toilet paper, instead of whiping you ass with the same brown bills, over and over again.

What does everyone think about cruise lines? Will they recover to pre shutdown levels this year?

>>29113300
Fuck you I'm all in BHS.

>>29113223

Idiot. You're losing money for the same reason you gaining it so quickly. You're taking too much risk

>>29113039
Ok you guys should seriously look at those insders buying.

>>29113327
I deal with a lot of boomers and not a single one has talked about going on a cruise. They are terrified after those people were quarantined for weeks on them.

who is buying the MXC dip?

>>29113272
>OTC
>After hours
Lel the absoute state of /smg/

Feeling electric!

JAGG.
Nice.

>>29113439
did you pull this off a floppy disk?

>>29112152
>CLF
Based OP

>>29113495
Wtf is that graph format tho. Are you trading on a PDP-11?

>>29113387
I live with my parents and have no financial responsibilities. I also got a thousand $ a month allowance and can do what I want with it. I just wish I could prove to my parents that I can make my own money.

>>29113553
He's playing tic tac toe but doesnt even know the rules

>>29113553
I'm not using a line chart here.

OOOOOOOOOOOOO

>>29113625
Well, obviously.

>>29113505
>>29113553
>>29113620
the absolute state of /biz/

>>29113223
stop going all in on meme shit, retard

>>29110876
>>29110836
>Nasdaq green
>S&P500 green
>Dow green
>Russell green
hope you bought the dip!
eat shit bobo

If I crash the market will you die?

>>29113780
Go home, Biden, you’re drunk.
I wish Yang had won!

>>29113656
you lie

>>29113249
Make them yourself with two easy steps

Buy GTE they said. The target price is 4 they said

A...

>>29113953
man minesweeper sucks these days huh?

>>29113851
YANGGANG!

I can't decide if I should hold my positions or kill myself

>>29113300
Why not? It's guaranteed x10 once the normies on Reddit start investing. Pic related

>CRBP
OOOOOOOOOOOOOOOO

>>29113851
He'll be mayor soon enough

>>29112152
>-0.6 and mutt markets are not even open yet
I'm selling everything

FUCKING FUCK

>>29113983
>actually looking at CRBP daily volatility
Do you even know how biomemes work, anon?

>>29113967
Haha, I have not heard that one before.
The chart is Agilent. I'm doubtful on the high pole call some obvious reasons.

How we feeling DNN lads

>>29112152
Is dnn good stock now? You know, at one point uranium was 140 dollars a pound. UUUU? :DD

>>29114032
I'm just bored and saw the green number

xiaomi bros I think we're back

goodnight /smg/

see you in 5 hours

>>29113967
Haha, I have not heard that one before.
The chart is Agilent. I'm doubtful on the high pole call for obvious reasons.

>>29114043

>>29113851
He doesn't need to be drunk to fuck things up (and that's a good thing). I lel'd that they keep signaling harris is the 'real' president.

>>29113985
Based

>>29114084
we were never really gone

>BNGO
>APHA
how fucked am I?

>>29114043
comfy

>+9.8%
Who here riding the tiger?

>PLUG already down 60 cents 5 minutes into pre-market
we're fucked aren't we?

>>29114188
>investing in science fiction

>>29113764
>he doesn't know about futures manipulation
LMAO you know Nasdaq futures were green this time yesterday right?

>>29113131
Can't afford to sell covered puts or calls on the good, more expensive stocks. So I have to filter the cheap stocks to find stuff that I think is decent. I landed on uranium but I need other cheap stocks
>>29113946
I almost went into GTE but I went DNN instead. Should I buy the dip

Why is Grubhub 6.5 Billion and doordash 60?
Given Grubhub's size and growth it seems it should be way higher.

I have litterally received no answer to this except
>they did a stupid ad
>they have a stupid name

I compared it with plenty of high growth companies of similar revenue size and I deem it to be undervalued about 5x based on size and recent growth.

>>29113970

pltr bros

AAAAAAAAAAAAAAAAAAAA ITS A FLASH CRASH

>>29114032
https://clinicaltrials.gov/ct2/show/NCT03093402
Just hoping they will release something today.

>tfw you sold DNN at the absolute bottom yesterday

>>29113618

This has to be bait right?

>>29114282
Just buy BHS and make it

What's the next TSLA?

RECORD RESULTS FOR PROFIT AND CASH FLOW – SIKA STRONG IN YEAR OF CORONAVIRUS

Sales of CHF 7,877.5 million (-2.9% in CHF, +3.4% in local currencies)

EBITDA increased to CHF 1,497.6 million (+7.9%)

Operating profit (EBIT) increased to CHF 1,130.5 million (+7.1%)

EBIT margin increased to 14.4% (previous year: 13.0%)

Net profit up to CHF 825.1 million (+8.8%)

Operating free cash flow increased to CHF 1,259.4 million (+22.7%)

Reduction of CO2 emissions by 25.9% to 20 kg per ton sold (previous year: 27 kg per ton sold)

6 factories opened or extended, 1 company acquired and one expanded partnership

Proposal for dividend increase of 8.7% to CHF 2.50 (previous year: CHF 2.30)

>>29114282
buy AYX and make it

>>29114282
Tfw I bought DNN at the top yesterday @ 1.49

>>29113223
Maybe you don't have an edge and are just gambling

>>29114282
>panic selling in a bull market
Imagine falling for the shake off algorithm

Okay pre pre market bros what am I investing in today?

>>29114312
Is BHS available on RH? I dont use it but obviously for the pumpening it has to be there.

>>29114170
Line-holding hobbit reporting in w/ 360 @ 27.88

>>29114282
lmao you lost to the algos

>>29114312
>>29114381
>>29114356
>impending crash
https://youtu.be/VScSEXRwUqQ
Idk about that plus the BHS shill doesn't do proper shilling. I only guy stocks when the guy shills it with an anime pic and is constantly calling others niggers

>>29114351
*shits on TSLAs from 100 ft off the ground*
Dino wheelie dealies are going extinct.

>>29114140
I overheard my colleagues talking about their robot vacuum cleaners and after looking them up I found out that they're all made by xiaomi kek
Thinking about getting the POCO X3 NFC smartphone aswell
Q4 is going to be good

>>29114419
I'm holding TIGR, not planter, fren. But I wish you and your deportation software the best too.

>>29114362
Kek, I bought at that price a few days ago

>>29113327
I think the cruises that cater to boomers will fail. Carnival Parties will be huuuge I think. My long term play is Carnival. They're in the best financial situation and already prepping concert tours with EDM, Pop, etc.

AAPL a good buy right now?

>>29114356
buy AYX now you stupid nigger it is at 2019 support levels and held strong every time it got there in the past 2 years nigger

>>29113327
Cruise Lines and Air Lines were the original midwit plays of 2020.

Do you guys look at the financials at all before investing or just invest in whatever sounds memey enough? Do you buy and hold or swing trade them and how long do you hold them?

There is a Vaneck gaming ETF
GAMING. Don't you think it has value long term considering all the soiboys?

>>29114512
>imagine buying into literal scam companies

>>29114043
>>29114071

great!

I also own UURAF for rare earth element production which DNN also has.

>>29114670
>>29114508

It also suffered under corona nigger and should recover with vaccine news nigger

>Mutant... salmon???

>>29114692
I buy SOXL and then buy more SOXL at every dip.

T212 has just paid me Apple divis like 4 times so far?? Wtf is going on, I love the free money but this is weirding me out.

>>29114716
>literal scam companies
Sounds like next TSLA to me
ONE MILLION ROBODRONES EoY
Cathie literally going to COOM on air while talking about its big, sweaty Beta. And when not in use they will mine Bitcoin.

>>29112708
>it's a degen loses everything to MMs episode
sitting comfy on my BNKU

>>29114736
fortgot my nigger picture sry

>>29114648
you tell me
https://www.cnbc.com/2021/01/27/apple-aapl-earnings-q1-2021.html

WHY IS BIDU UP IN PREMARKET
fucking drop i want to put my spare cash into cheapies

>>29114753
>bear food anon?

>>29114694

Probably holds GME. You better do some DD

This is just to get the goyim excited before the dump at open? Right? I dont want to get too excited

Holy shit BTC is really near $53k. Fucken Bitcoin miners probably gonna dump again

I'll ask one more time due to lack of answer last thread:
What macro-level things do you think caused the pullback this week? Did those macro-level things change in the last few days?

All I read around here is "healthy pullback", TA, and a bunch of pseudoscientific shit that basically amounts to "Welp, I don't know, it just does that".

>>29114043
>>29114071
>>29114725
But is UUUU/DNN/other green gold stocks a good buy now or should we wait for the market to bleed out?

>>29114385
weed

>>29114736

>vaccine news

Vaccine news already happened back in november idiot. Its priced in.

>>29114753
>>29114796

I only need the following to moon plz market gods

BB
FIRE.TO
NEXT.TO
AAPL
NOK

I am getting BTFO here and I want to buy a fuck ton of ARKX on day 1.

>>29114882
time to buy mara

>>29114995
NOK will never moon. Just fucking dump it seriously. You are in for years worth of pain if you keep holding it.

>>29114904
a few things I noticed was that SPY / QQQ were nearing overbought on several time frames on RSI, algos don't want to buy when RSI is above 70
we also had flight to bonds (10yr yield spiked down substantially earlier in the week)
we also just had several weeks in a row of record high after record high, where we were having all indexes reach a new record high for several days in a row
all rallies need to call off, consolidate, to then make a new leg higher

>>29114518
LOTR is PLTR property, sir.

CTXR boomin, always good to listen to my nigga walrus street

>>29114936
ok dont buy if you dont like money

>>29115038
>algos don't want to buy when RSI is above 70
This isn't true.

Just buy Semis & Silver
In whatever order and form you want
Sell for profits around 10%
Wash
Repeat
This shit ain’t that complicated anon

>>29114904
What did your last financial advisor die of?

UUUU is gonna go to shit isn't it

>>29114725
What are you talking about?

>>29114920
UUUU had a -14% day yesterday, so now is a great time to buy.
As for DNN, they don't actually have a working mine, but if you believe in dark pools/smart money movement, the PT is $2,5 in a month.
I doubt that the market would bleed out while the printer is still running, so corrections like these are your best opportunities to get in.

>>29113764
It's illegal for the market to be red more than two days in a row, are there ACTUALLY bobos who thought this was "da secon leg down!"?

>>29115099
Quality post

>>29115060
>Saber
based

>>29114694
In the investing world "gaming" is actually gambling (casinos, sports betting, online poker etc.) unless you mean the esports etf

>>29115074
yes, it is. especially for indices.

>>29115174
i love this man's face lol.

YOU TONGUE IT

>>29114904
The market oscillates, simple as. It goes too high too fast then goes too far in the other direction so it goes back up again. Stated reasons are merely excuses or triggers at best. Unironically ideal market conditions for swing trading in roughly two week periods. Just remember to load up today and time the peak in maybe a couple of weeks. If I'm wrong it will dump or crab for longer first.

ANY LON MXC BROS IN THE THREAD?!?!?

>>29115229

>>29113300
Is soxl a blue chip?

>>29115236
Nail on the head anon
But patience is not a virtue amongst most

>>29114770
how much?

>>29114904
Probably because the Fed didn't buy as much shit on the open market operations trading desk. There isn't any way to know what they do on a day to day basis with public info, the balance sheet is reported only on a weekly basis. But insiders know probably.

>>29114673
To be fair the market follows the midwit when it comes to long term plays typically

You all bought the PLRT dip, right?

>>29115236
>the market jsut goes up and down
>it will go up this time. Or down. Or neither, IDK
Jesus.

>>29115041
I'm sorry, anon. I didn't have a picture of a tiger on hand.

if I'm expecting my country's housing market to implode, is there a way I can short sell MBS? What other ways can I profit from plummeting house prices?

>>29115299
The bluest
The chippiest
The Queen
Don’t forget to add her lover
$AGQ

>>29114694
Yes, it's a constantly growing sector anyway. Even if gamers are cringe does not mean there's plenty of them. I have that ETF btw

PLTR GONNA SHOOT AT OPEN TODAY SNF TOMORROW.
GET IN.

>>29115222
I know how RSI works, but I'm saying algos do buy above 70 RSI.

>>29112152
Rate my portfolio, I need more baba stock, that shits going to the moon.

>>29115222
What is that chart supposed to show? The bars are too small, I can't see the supposed correlation you're talking about.

>>29114800
Nah it's more oriented towards vidya producers and manufacturers like AMD

No sane index fund should have a gme underlying

what blue chips are fucked?? I feel like INTC is going to blow.. in a good way

>>29115362
You are embarrassing yourself
You do not understand that nobody knows what will happen next, because anything can happen.
We are all just seeking to assign probabilities to events, and we always know that we can be wrong / be surprised. There is nothing wrong with his statements
You are expecting someone to say "On this date, the market will be here, on this date the market will be here, for XYZ reasons" - someone to factually state what is going to happen
It doesn't work like that
Anything can happen.

>>29115445
what ticker are you actually talking about

Buy the dip

>>29115432
I think you are misinterpreting my statement, or just choosing to interpret it as
>aLgOs NeVeR bUy AbOvE 70 RSI
when I'm not saying that. I'm saying it added to the lack of buying pressure. It is 100% factored in
>>29115439
every time RSI crosses 70, it sharply drops

>>29115435
>chink stocks
https://youtu.be/OjNpRbNdR7E

when is tesla going to 100 bros

>>29115397
fuck women

>>29115468
Nah, I'm expecting you to at least enumerate the market moving factors and their probabilities Like >>29115038 did.

>>29115454
all of them..

>>29115540
You mean the RSI drops? Yes, that's how the RSI and oscillators in general work even applied to random walks. The higher it goes the more likely it is to go down regardless of what the market does.

>>29115566
I am both people you are responding to. Look at IDs newfag. You are embarrassing yourself

>>29115218
You are right. I mean the esports- video gaming etf

>>29115435
Nice I have 130 BABA's now

freshly baked
>>29115563
>>29115563
>>29115563

>>29115548
Baba outsells and is more profitable then Amazon.

>>29115397
There's not plenty of them*

>>29115468
No, that's the old "trading isn't predicting the market" bullshit. Assigning probabilities to events (e.g. tomorrow close has a 51% probability of being lower than today's) is making a prediction.

>>29115592
Yes.. so when SPY gets overbought, RSI is over 70, there is less buying demand / 'pressure' than normal

>>29115362
tfw no aryan goddess gf

>>29115633
What the fuck are you doing

>>29115615
Haha, lel. You sounded different in those two posts tho. One had info the other was a Coeljo quote.

>>29115637
I was hoping BABA would dip more during a correction goddammit

>>29115623
Post proof and I’ll buy more.

>>29115633
Anon, I...

>>29114904
It just does that. Any explanation for such minor pull back is pure narrative fallacy

>>29115362
>a system which requires human input to function isn't entirely logical

>>29115513
ESPO

>>29115673
No that's not how it works
You can't know that there's selling pressure at RSI>70 just because the RSI pulls back. Even applying it to random data would show the RSI pulling back when it gets "overbought" even if the data is completely random.

>>29115633
Why are you baking at just past 200 posts? Some of the past few threads have been before 310 too.

>>29115736
It’s still so cheap.

>>29115540
thats literally what you originally said you fucking retard
and it's obvious you just discovered the RSI indicator but dont get ahead of yourself kid

>>29115792
Buy NERD instead. Way better returns.
Think of me when you build your mansions.

>>29115805
Anon.. go pull up the chart yourself. Go look at the times when RSI has crossed 70 for SPY / QQQ
Seriously, go pull up the chart, and then come back and talk to me about it
Go look at the times it has crossed, and look at what the price of SPY did when RSI returned to mean
>>29115818
It is one of the most basic indicator that algos / traders use, yes
You are acting as if I am basing everything around RSI, when it was just 1 of many factors that decreased buying pressure, leading to the pullback this week
>it's obvious you just discovered the RSI indicator
I have been in the markets longer than you've been alive young blood.

>>29115814
>>29115758
>>29115707
I've seen two threads here with less than 150 replies, stop whining over small bs

>>29115362
No what I meant was that now it's low, and it's pretty safe to buy now, however where or when it will truly reverse and pump back up is uncertain. Today is a good bet but it might linger around the bottom for a bit longer. Either way in a couple of weeks everything should be much higher than it is now, hence why now is the time to buy.

>>29115815
I know ;_; especially for what it does, but my cash transfer to IBKR will take a couple of days, so I can't now unless I buy it through my bank and get jewed 10$. I hope it stays cheap or dips a little more, or I might just steel my poorfag heart and buy some more with my bank if today isn't red.
>>29116007
I'm just afraid your bread will go stale fren

>>29115974
Ok so make a testable prediction, what is it. That you would make money by shorting at the close of the 4H bar when the RSI closes over 70 and selling when it closes below 50?

>>29116007
Yes, maybe at market hours when two people bake simultaneously. Before market there is absolutely zero reason to bake before the last thread is nearing page 10

>>29115974
>You are acting as if I am basing everything around RSI
they said algos DO buy above 70 because YOU literally said
>algos don't want to buy when RSI is above 70

and after being told that wasn't true you said
>yes, it is.

>>29115566
What do you think about the idea that it could've been the fed doing things?
At least for yesterday you have crude oil dropping so that was another reason

>>29115468
>You do not understand that nobody knows what will happen next
gooooooyiimm

>>29116053
It doesn't work like that. If you were to make a trading strategy based solely around RSI you will fail, HARD. It would be more like
>if you see 4hr RSI is above 70 for a sustained period
>10yr yield has overextended / flight to bonds is likely
>DXY has sold off too hard / is likely to bounce
>there is overall bullish sentiment in the markets
>there is a 'buy the rumor' event going on, such as new stimulus
>oil is getting bid higher
>earnings that week are going to be good
>economic data expected that week is going to be good
there are 1,000 factors other than these I'm listing
when you combine them with seeing RSI being overbought, and you also closely watch price action, you can make a much more informed decision on when to pull profits / go short to catch a short-term dip

>>29116113
>algos don't want to buy when RSI is above 70
>algos don't want
>don't want
>want
Again, you're deliberately choosing to interpret my statement as NEVER, when I am not saying never. I am saying it discourages buying, it decrease buying 'pressure'

>>29116007
Fucking retard, you're no fren.

>>29116240
I love you too fren

>>29115974

>WHAT SHOULD I SHORT TOMORROW

>>29116185
So you have no testable hypothesis other than "look, when RSI goes above 70 sometimes the price drops (but ignore the times that the price didn't drop lol)".
If the RSI above 70 had predictive power it would be possible to make at least SOME money just with that edge even if it's only right 51% of the time for an equal TP/SL.

>>29116393
short this dumb niggers IQ >>29116232

>>29116398
Rsi and Macd at same time work

There is no way UUUU is going to pay off it'll probably be bags tomorrow

Who going all in on SOXL and BFARF today for a compfy no-stress weekend?

>futures

>>29116359
do you see now that I have drawn the lines for you?
do you see what happens to the price after it crosses 70?

>>29116420
The MACD is bullish for SPY

>>29114808
The opening dump is going to be *mwah*

>>29116398
I'm done trying to teach you anon
You are looking for a "cure all" panacea when it does not exist
>only right 51% of the time
...
Anon.. I don't know what to tell you man, go pursue your 51% advantage system

>>29114808
apparently a lot of 25 and 30 USD calls expire today is going to be a tug of war in full effect. yesterday was just the beginning

>>29114779
bought at 133.70 USD and then bought the same amoung again at 129.89 USD because I couldn't bear to watch it falling any more

>>29114995
>NOK
I will not grow tired of telling people to stop riding a dead horse. do yourself a favour and place your bets on Ericsson, Marvell or Qualcomm for your 5G play

>>29113300
invest in Suncor Energy while it still trades at half price compared to last year when the price per barrel of oil was at 60 USD

>>29116646
you are an annoying faggot
everyone here knows exactly what you're saying

>>29116869
>everyone here knows exactly what you're saying
apparently not! people are arguing with me about it
read the thread

>>29116861
If anything on NOK, if people insist on throwing their money away, at least consider placing January 2023 LEAP buy calls. Buying into NOK and checking every other day on a crabbing piece of shit like that will drive just about anyone mad.

>>29116588
SOXL
HVBTF
But I’m with you anon

>>29116976
Tell me more about HVBTF, anon.

>>29116976
that's a man

ARK mommy make me rich

>>29116767
I'm not asking to be taught anything.
I'm just asking people to put up evidence that the indicators they choose have actual predictive power when they try to explain price movements after the fact using indicators.
>Anon.. I don't know what to tell you man, go pursue your 51% advantage system
Who said anything about trading a 51% advantage system? I just told you if RSI predicted price drops with at least 51% accuracy then you could make money off of it. If it loses you money then it's not predictive of anything, at least by itself (and you used it by itself when you explained the drop in SPY, you didn't mention anything about it giving a signal in combination with the DXY or the 10 yr yield).

>>29117227
Pls, just look at this chart
>>29116646

GAH! GTE keeps dropping

>>29117256
Ok, so why would an RSI based strategy fail hard if it seems to work like that chart suggest?

>>29112328
i will pay you to sell rn

>>29117227
>you didn't mention anything about it giving a signal in combination with the DXY or the 10 yr yield).
I did.. >>29115038
>we also had flight to bonds (10yr yield spiked down substantially earlier in the week)

Walmarts on sale

>>29117343
Anon.. the point I'm making is that you have to combine that one piece of the puzzle with many other pieces to create a more accurate picture
You cannot just rely on RSI, that is what I'm saying, if you rely just on RSI, create a system that just trades solely on RSI, it will fail
You can be too early, you can be too late, you can be wrong. Anything can happen

>>29117283
Buy the dip

>>29117462
Fuck those chinks and their basement lizard people

>>29117155
Crypto miner
No debt
Cash rich
Mostly ETH and LTC (15%BTC allocation)
Based mainly in Iceland
Promotes “green energy” for their mines
It’s like a meme wrapped in Cathie Woods firm thighs

>>29117509
based, rational poster explaining shit to newfags as they insulted you
you have more patience than me

>>29117658
not really. someone called him on a direct quote about algos not buying above 70 rsi and he keeps shifting the goalpost by giving an rsi tutorial no one asked for as if those werent his exact words

Did I ever tell you guys about the (((martians)))

>>29117436
Fair enough

>>29117509
Ok forget about trading it. Is there's no statistical analysis that would show RSI affects the market? It can only possibly be noticed based on visual analysis of a chart?

>tfw you finally understand margin calls
Made 10% gains on my CFD account 4 times yesterday shorting APHA, PLTR and CRON
Did some research and SPWR and SRNE are also taking massive losses, problem is I can only YOLO on one stock at a time for max gains.

>>29117218
This is totally a shoop.

>>29117617
what is their hash rate?

>>29117853
It's a shitty deepfake, isn't it?

>>29117792
Let's examine that quote
Original question:
>>29114904
Response:
>>29115038
quote:
>algos don't want to buy when RSI is above 70
"don't want to buy"
would algos prefer buying when RSI is above 70 overbought, or below 70? below. they don't want to buy overbought assets. smart money buys on red days. it adds to the selling pressure and decrease buying pressure when it crosses, you can see it in effect here:
>>29116646

I've been using thinkorswim as a chart and it kind of sucks
anyone got any better screeners to monitor volume and the like?
i really do like Kraken's charts, too bad its so damned specialized
pic only related to reptiles

>>29112152
Place your bets? PLACE YOUR BETS? PLACE YOUR BETS!? HOLY FUCK WAS THIS DIP EVER PERFECT, RIGHT BEFORE A BIG EARNINGS WEEK. WHAT A WAY TO ROLL INTO THE WEEKEND. GOING TO BE ANOTHER GREAT FUCKING DAY TO TRADE THIS BEAUTIFUL MARKET AND ENJOY COMFY TIMES WITH MY FRENS IN THE GREATEST PLACE ON EARTH, SMG.

>>29117920
Likely. You can kind of tell by the pixels.

>>29117841
Explain. I am only a level 1 Options tard myself with Buy Calls.

Are you buying two strikes above the current strike price or way OTM hoping for big price swings?

>>29117564
I agree but I'm not sure what that has to do with walmart

>>29117835
I'm sure there are a ton of scholarly analyses done on it, and I'm sure that there have been systems developed with it playing a big role in the weightings. It's just like why would you pursue an incomplete system, instead of incorporating it in as one of many factors to look at
I would just look up papers on it / code written where it's factored in (it seems like you're looking to write a system)

>>29117658
I haven't insulted him once. Not blindly accepting an after the fact explanation of price action based on an indicator is an insult?
That's the problem with TA. People explain things after the fact willy nilly with their cherry picked indicator and ignore all the times it did not work in the past. With subjective stuff like trendlines or S&R that's fine because it's hard to test systematically but for something like RSI and TNX or DXY correlations it should be easily possible to test its predictive power statistically.
But I guess I'm a newfag for not knowing an overbought RSI causes the market to drop, duh. Whatever lol.

>GTE 0.88

>>29118115
I use Fidelity, which is similar to ThinkorSwim. This dude explains ThinkorSwim pretty basic style. Perhaps you can pick up a few pointers.

https://www.youtube.com/watch?v=iTHNYHYT4lA

>>29118169
That's not how that works, and there is no crystal ball.
People sell around those levels often because it is a very commonly used practice with that commonly used indicator.

No go and buy yourself some BRKR

>>29118144
Scientific studies on TA are mixed and many rely on cherrypicked parameters

hey guys i'd massively appreciate some input on this.
i had $210aud worth of bitcoin this morning. i transferred it to a different wallet and now i only have $184aud of bitcoin. what the fuck? did i get hacked? what on earth?

just reiterating i'd massively appreciate any advice on this>>29118469

>>29118169

>>29118469
neck yourself cryptonigger poorfag retard

>>29118389
>That's not how that works, and there is no crystal ball.
A variation of the line that every trader peddling a trading room or trading course uses. Oh, nobody can predict the market, but you can make money without predicting the market if you play the odds. Well determining probabilities is predicting. Weathermen predict the weather by assigning a chance of rain. Value investors predict companies will outperform the market based on fundamentals. Technical traders predict whether the market is likely to go up or down and place a buy or sell order.
>People sell around those levels often because it is a very commonly used practice with that commonly used indicator.
If more people sell around those levels (for a constant amount of liquidity) then you should be able to predict whether the price will go up or down a certain % from that level with >50 accuracy.

>>29118469
>>29118600

go away

Is SNDL good value now?

>>29118781
alright i will

>>29118469
>>29118600
Cryptonigger go back
Cryptonigger go back
Cryptonigger go back
Smg stands for Stock Market General. Not CRYPTONIGGERS MARKET GENERAL
CRYPTO NIGGER GO BACK
You are also brown

>GTE
>DNN
>BHS
>CRBP
Where do you guys find these random ass penny stocks? I'm glad I'm a value chad and not some adhd retard

>>29118795
Kek no. Its a dead PnD. But if you want to baghold someone esle's bags for 6 gorillion years it would be very nice of you

What is this pattern called?

>>29117218
FUCKING HIDEOUS GET OUT

>>29118988
TFW my normie friend said be bought at $1 but wouldn't sell because he was in for the long term

What's everyone's average price for DNN?

>>29118336
thanks, i'd completely ignored the download client and only used the web version
this looks a lot better

>>29119062
the gooksimp trader

who here /early for once/

>>29119062
Investing into too much NGMI and not diversifying.

>tfw got JUSTed on the asx today

>>29113223
You deduct capital losses from capital gains so it all balances out to a net $0 if you lose back everything you made as far as taxes go. If you're super based then late in the year you hold onto your biggest losers until late december, realize the loss, and then don't realize your big winners until january so that you have capital losses you can carry over into the next year and your gains you don't have to pay taxes on for a full year once you've realized them.

>>29119080
Top kek he could've sold at 3 but fell for the reddit hype. Thats what he gets for being a reddit nigger

>>29119301
Lol meanwhile I made an easy $1000 off $MJ

>>29113204
don't you think they've been overpriced for a while?

>>29118122
CFD's aren't options, it's essentially swing trading.
A broker gives a share a buy price and a sell price based on the cost of the stock, the sell price is lower than the buy price.
If you are shorting a stock when the sell price reaches the price you chose to short it at you start making money (the other way around if you took a long position). You choose how long you want to hold it for (even over night although there are additional costs).

Now here's where it gets interesting, you are offered leverage (up to 5000X you're account have 3K in my account and I short 1000 palantir stock at $25 with 100x leverage which is 2.5K the price only needs to increase by 5cents for a $500 loss which triggers a margin call where I need to put more money into the account. The position will be automatically closed if losses reach half of the account $1.5k if palantir increases by 15cents.

>>29119939
Yeah CFDs are the same as buying on margin except the legal structure is different (you don't actually own the stock but the broker is contractually obliged to pay you as if you did) and you can get nose bleed amounts of leverage like 100x or 500x.