Boiler Room: The Official Stock Market Discussion
blues_funk_reggae
Veteran
I've been losing $1k / day everyday for about 3 weeks now, shyt is wild.
A high of +51% on my account 3 months ago.....
now at +6%
250K GONE
now at +6%
250K GONE
ogc163
Superstar
You're still in the green lol. You'll make that back easily when the bear markets ends... in a couple of weeks, or months or yearsA high of +51% on my account 3 months ago.....
now at +6%
250K GONE
You're still in the green lol. You'll make that back easily when the bear markets ends... in a couple of weeks, or months or years
down to 5.7%
dunno even why I check.
you know things are bad when the big boys like msft and aapl are falling and confirming head & shoulder patterns. It's not looking good. Portfolio managers are going for safety nets like KO, pep, gis, sjm, and so forth.
Personally I've been invested in energy for the last 6 months.
some names i'm tracking
WEAT - needs to get above 11.20, clear bullish pattern forming
BMY - begging to get above 77.50
My advice is to look at where the stocks are with relative strength in these bear markets. Stocks that are holding strong despite the market moves. Trade safe!
Even in bear markets there are days where there are some incredible squeeze moves. Until QQQ gets above 310ish, it is in bear mode.
In bear markets, shorts have a higher probability than longs and vice versa. If you're still long, especially in tech, you're not managing risk very well. There has been some incredibly easy tech short plays. AAPL dipped below 149 neckline on that h&s pattern yesterday, MSFT below 270 neckline, etc. Don't go against the trend hoping it'll turn around. Manage your risk properly.
Personally I've been invested in energy for the last 6 months.
some names i'm tracking
WEAT - needs to get above 11.20, clear bullish pattern forming
BMY - begging to get above 77.50
My advice is to look at where the stocks are with relative strength in these bear markets. Stocks that are holding strong despite the market moves. Trade safe!
Even in bear markets there are days where there are some incredible squeeze moves. Until QQQ gets above 310ish, it is in bear mode.
In bear markets, shorts have a higher probability than longs and vice versa. If you're still long, especially in tech, you're not managing risk very well. There has been some incredibly easy tech short plays. AAPL dipped below 149 neckline on that h&s pattern yesterday, MSFT below 270 neckline, etc. Don't go against the trend hoping it'll turn around. Manage your risk properly.
It ain’t never gonna endYou're still in the green lol. You'll make that back easily when the bear markets ends... in a couple of weeks, or months or years
From 1/5. In hindsight, when you look at why the market went up with the feds lowering rates, making people like cathie wood look like geniuses, while rates went up, people had no strategy to sell tech names. I'm not a perma bear or perma bull, you need to just move with the market and the direction.
dora_da_destroyer
Master Baker
Breh, I’m losing 7-20k/day. Portfolio is literally half of what it was in feb 2021, and that’s after injecting more capital after “big” dips
I’m negative negative, lost gains and cash
Breh, I’m losing 7-20k/day. Portfolio is literally half of what it was in feb 2021, and that’s after injecting more capital after “big” dips
I’m negative negative, lost gains and cash
it's okay
Meme stock fukkery today