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I'm going to assume this was not being sarcastic, and if so - thanks.
Shorted 3 more on Thursday.
NCLH
KSS
PLUG
Tried to short BYND again after profiting the last trade - but couldn't get shares. This one is a slam dunk - it's going to $0 eventually.
I swear it's easier to find good shorts than anything else. PLUG is a dreadful company and tanking again today. I called this one when PLUG was sitting at $73 a share not all that long ago (there is a thread on it).
We all know a stuck clock is right twice a day. I called a market top back in February and it didn't happen but I'm calling another one right here. Huge amounts of bad news: inflation, interest rates going higher, "possible" return of lockdowns next year, political instability, restart of student loan repayments, consumer credit card debt at very high levels, world political uncertainty / war, extremely high housing costs, illegal aliens by the hundreds of thousands who are going to put pressure on wages and/or have to be taken care of, strike against auto companies..... on and on
DJIA is at 34,440 as I type this and could easily be below 30,000 by 1/1/24. Let's see what happens.
Oh no. Not again. Your last "Call" was off by about 60%.
In February the DOW was trading around 34,000 (I can't remember exactly what day I posted the short call).... It looks like we peaked on August 1 around 35,600. Does that look like 60% to you???
That's because I don't "trade." I invest my money for the long-term.
Same. This is an "investing" forum. It's not a trading or day-trading forum. I really wish there was a separate board for those that are into that sort of thing. I have zero interest in it.
Same. This is an "investing" forum. It's not a trading or day-trading forum. I really wish there was a separate board for those that are into that sort of thing. I have zero interest in it.
Why can't there be both areas covered, the way it is now? "Investing" and "trading" ?
There is no "one right way" to do it, and there are many different areas to discuss.
Dare I say that "trading" is the most interesting way to do it - of course it's not for everyone.
Why can't there be both areas covered, the way it is now? "Investing" and "trading" ?
There is no "one right way" to do it, and there are many different areas to discuss.
Dare I say that "trading" is the most interesting way to do it - of course it's not for everyone.
I personally don't find gambling (ie: trading short-term hoping to make a quick buck) interesting at all. Just like I don't enjoy going to the casino and playing craps, that's torture for me. And if you look at most of those gamblers, they don't seem to be doing well on any level either.
When I first started investing I tried a few short term trades (less than a year) and did not do well, most amateur and professional traders also do not do well. Lesson learned.
Okay. You were only off by %35! Why was your prediction so wrong?!?
Again... what are you talking about?
I made a call for the market to decline (and I don't believe ever put a % decline on the call), and it went up a bit, but not much. Where are you getting 35% from?
Last edited by Lizap; 10-02-2023 at 05:13 PM..
Reason: Cleanup from Previous Poster
Why can't there be both areas covered, the way it is now? "Investing" and "trading" ?
There is no "one right way" to do it, and there are many different areas to discuss.
Dare I say that "trading" is the most interesting way to do it - of course it's not for everyone.
Because the trading is completely unrelated. So so many threads that have nothing to do with long-term investors. Just adds "junk" (in my view) to what could be a much more useful forum. It's like scrolling through ads. But that's just me.
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