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2021 Trading Thread 2021 Trading Thread

03-23-2021 , 10:17 AM
From what I've seen he adds no value beyond idea origination. And I'm convinced he just looks up the biggest winners in the last year/few months. He just reads the news releases while adlibbing wow type comments. From what I saw Tesla carried him big time.
Night and day from the videos roaring kitty was making on GME. You can tell one is like a high school drop out and the other has a CFA.
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03-23-2021 , 05:09 PM
I've been getting my ass kicked the last week or so. Basically back to a month ago or so. Probably should have expected the tank after stimulus. Oil got severely dick kicked by the oversupply news recently
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03-23-2021 , 07:22 PM
I've been getting destroyed too, for a few weeks now. The rug pull day after the insanely bullish close on FOMC day last Wednesday in particular burned me, absolutely brutal. I got screwed both ways, as I entered a bunch of short positions going into the FOMC, dumped those for a decent loss as the market went bonkers during and after Powell speaking that same day, entered some new longs including same week xps before the close, wake up the next morning and it's armageddon because of an insane spike in the 10Y (or so went the media narrative), and the new longs are toast. So I got rekt on short positions that would have paid nicely within 24 hours and then got rekt on the new longs.

Like I predicted a few weeks ago in here, the market has gotten much more difficult to trade.

Last edited by karamazonk; 03-23-2021 at 07:29 PM.
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03-24-2021 , 07:25 AM
Quote:
Originally Posted by chytry
Planning a large tech/growth dip buy when 10year stabilizes around 2-2.1%.
https://www.federalreserve.gov/newse...g20210319a.htm

This should lead to a bond sell-off
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03-24-2021 , 08:46 AM
Hello, world.
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03-24-2021 , 11:16 AM
Not really buying options much anymore but decided to make a little play with some FNKO 25c for May, bought 2 contracts for $2.30 each.
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03-24-2021 , 03:18 PM
Quote:
Originally Posted by karamazonk
I've been getting destroyed too, for a few weeks now. The rug pull day after the insanely bullish close on FOMC day last Wednesday in particular burned me, absolutely brutal. I got screwed both ways, as I entered a bunch of short positions going into the FOMC, dumped those for a decent loss as the market went bonkers during and after Powell speaking that same day, entered some new longs including same week xps before the close, wake up the next morning and it's armageddon because of an insane spike in the 10Y (or so went the media narrative), and the new longs are toast. So I got rekt on short positions that would have paid nicely within 24 hours and then got rekt on the new longs.

Like I predicted a few weeks ago in here, the market has gotten much more difficult to trade.
you're gonna get whip sawed - best to stay in cash until a catalyst - like big tech earnings. You don't have to trade every day. Selling far out puts on AAPL or FB is a great way to use your cash for good use.
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03-24-2021 , 08:09 PM
Holding to a lot of tech still with a SQQQ hedge, probably not optimal but I don't want to sell my longs
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03-25-2021 , 01:07 AM
short biased watches for today. setup is break below yesterdays low.

FCEL YVR BNGO FREQ DPW CCNC BQ OCX

cherry picked from an old short biased scan. Run Forest Run Losers scan basic paramaters / RUN for 1 day 8 pct loss, 2 day 10 pct loss or more */

Last edited by Jupiter0; 03-25-2021 at 01:15 AM.
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03-25-2021 , 06:32 AM
Got beatup yesterday. Bought more.
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03-25-2021 , 10:19 AM
Been bagholding BB for months now. Damm, guess I got too deep in the meme. Is this narket action really caused by potential 3rd covid wave?
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03-25-2021 , 10:35 AM
This market action is caused by an almost 100% market run-up over a year long period
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03-25-2021 , 02:28 PM
Alright due to matched betting I have a shitload of money and nothing to do with it at the moment so i'm going to stick £100 on Bitcoin and £100 on Dogecoin, thoughts?

Any other cryptocurrency I should invest in? Bare in mind I have literally no clue about anything to do with this, complete noob lol
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03-25-2021 , 02:39 PM
Why doge? Also, a **** load of money and then writing £100. Does not compute.

If you want to park money on crypto ETH/BTC then explore outwards. Either way if I had £100 to park somewhere I’m not going BTC as I would view myself as needing more money and I’d be aggressive with a project I believed in.
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03-25-2021 , 02:44 PM
I dunno heard some good stuff about doge lol £100 will do for now just to get started
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03-25-2021 , 02:45 PM
Do $10k doge unless you are a coward. I would have my whole house mortgaged and into doge if I knew how to buy it
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03-25-2021 , 02:48 PM
POG there are a bunch of crypto specific threads here, but doge is infinite supply, initially created as a joke to show how dumb some coins are and only now taking off due to meme potential

it's very likely at the ath right now and has zero long term future so horrible place to park it - and the supply is infinite, there's constant new doge coins getting minted
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03-25-2021 , 02:58 PM
cheers
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03-25-2021 , 03:09 PM
Stepping way the eff back trying to trade this market. Kangaroo af.
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03-26-2021 , 10:58 AM
All the money I made on the exro trade I lost on ZEN and now I'm martingaling on their private placement at 2.5 + half warrant at 3
At least I can scalp the difference since it's already trading at 2.64. I'm worried it will be oversubscribed and I won't get allotted my full request so idk if i should really sell everything now or not. Anyone have experience with PP offerings?
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03-26-2021 , 12:41 PM
i hope that stupid ship either stays stuck or breaks in two, let's get $100 oil back bb
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03-27-2021 , 10:48 AM
Quote:
Originally Posted by BilldaCat
i hope that stupid ship either stays stuck or breaks in two, let's get $100 oil back bb
loser attitude
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03-28-2021 , 12:09 PM
i assume most of yall saw this, but the reason BIDU/VIPS/TME/VIAC/DISCA got destroyed last week was due to archegos capital being liquidated for 15B exposure on 80B exposure notional

some other random china names like GSX/FTCH/IQ prob got collateral damage. i think FUBO also.

so if u like any of em, could be good time to buy em. tho any time i see news like this, it feels like all of these names pre-open like +10% or some ****.
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03-28-2021 , 12:52 PM
Yeah about halfway through the selloff there were already pretty credible rumors it was a Chinese family fund. Not far from the mark.

There is real data that catalyzed it before it blew up into a liquidation - new draconian Chinese laws requiring the Internet service provider data be nationalized within the Chinese government, and also new laws prohibiting some types of online education, which tanked the online education stocks obviously and probably started the liquidation.

Besides that, unless you're playing a short term bounce, given the multiple that these things are trading at and the leverage that some players have these at (see:the liquidation) and the friction developing both within and globally against China, it seems unwise to invest in Chinese stocks at this point.
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