Boiler Room: The Official Stock Market Discussion

[Mirin4rmfar]

SoFi always has a pop on earnings then falls back down to normal levels. It’s a bandwagon fan stock people buy as a reaction to news but don’t fully believe in. That’s how Tesla was back in the day. People constantly in and out of it because they didn’t really have faith.

I spoke too soon we will see if it drops again. I will exit this time around and buy at a lower price if possible.

 

[winb83]

I spoke too soon we will see if it drops again. I will exit this time around and buy at a lower price if possible.

This is just one I hold and occasionally add to. I believe in the company enough to just let it ride because one day I feel like it will pop on earnings and not fall back again.

 

[Serious]

SoFi always has a pop on earnings then falls back down to normal levels. It’s a bandwagon fan stock people buy as a reaction to news but don’t fully believe in. That’s how Tesla was back in the day. People constantly in and out of it because they didn’t really have faith.

I’ll just buy the dip if and when it tanks no need to trade in and out / or cause a taxable transaction. In the long run it’ll be aight.

 

[chineebai]

bbio trying to get above 35 for that bull flag breakout, needs to close there. bios are always more risky, could tank any time. Stop on 33. JMO.

 

[El_Mero_Mero]

Any idea why TIGR stock is going up recently?

Definitely went up more since my post, but it is HIGHLY risky, plus it's a CHINA stock. I already set my exit. Something to consider as a flip though (either going up or coming down).

 

[Rickdogg44]

bbio trying to get above 35 for that bull flag breakout, needs to close there. bios are always more risky, could tank any time. Stop on 33. JMO.

You do mental stops or computer stops. Also, how to do you handle after hours / pre-market with your stops?

 

[chineebai]

You do mental stops or computer stops. Also, how to do you handle after hours / pre-market with your stops?

Always real stops. I don't believe in mental stops. That's just too much work and too much emotions. I don't care if I get stopped out and then it goes up 1000%, doesn't matter to me, there's always a next trade.

For anything after hours or pre market, it all depends on your time frame. If you're a short term trader doing day trading, then depending on your risk level, you may decide to sell or buy during market hours. But again, it all ties to your stops and levels. If it is at a specific level, then you should execute your plan to sell or buy so that you're not in some kind of mental olympics. The price is the most important indicator of performance, so block out all the external noise in terms of twitter, news, etc. What I do pay attention to are macro economics like fed rates, CPI, shyt that matters.

Trading is probably like 80% mental discipline and executing a plan.

 

[chineebai]

CAT has been trying to get above the 264 level for a bit now. I like it if it can close above that. jmo.

 

[KING WILL]

Palantir setting up to make that $25 PT look like a great call.

 

[chineebai]

CAT has been trying to get above the 264 level for a bit now. I like it if it can close above that. jmo.

Goddamn banked 300% on calls

 

[chineebai]

Amd seems like a lotto for earnings. I’ll take a few calls for the hell of it

 

[chineebai]

tsla is in a boxed range with softening momentum. Below 253 would be bearish

 

[Rickdogg44]

$YELL bankruptcy = short squeeze pump

You know we are in bull market now... which means it will soon reverse

 

[chineebai]

Market got more chop than a Jackie Chan movie

Probably waiting for amzn and aapl er Thursday

 

[winb83]

SoFi already back in the $9 range just took a few days.