Whats up everyone. Just a update, I am still trading options...
Whats up everyone. Just a update, I am still trading options until February month. I am mostly scalping puts and calls on $Microsoft(MSFT.US$ $Amazon(AMZN.US$.
I still like $SoFi Technologies(SOFI.US$
alot for long-term. But just be wary that the whole market is bleeding out so timing the "bottom" is difficult. I have been swinging $SoFi Technologies(SOFI.US$a lot. For example I would say buy it again at around $12.80 and sell at $13.50 - $14.
You have to change your trading strategy and be ready to take profits quickly as the market can keep bleeding for a while to come.
As I said, free money is over so now we are discovering the new valuations for these over-priced stocks. Penny stocks have always been cheap trash and "high-growth" stocks have always been just hype. So we are getting back to reality and that explains alot of whats going on.
$SPDR S&P 500 ETF(SPY.US$has always been quality stocks that are genuine money-makers.
I still like $SoFi Technologies(SOFI.US$
alot for long-term. But just be wary that the whole market is bleeding out so timing the "bottom" is difficult. I have been swinging $SoFi Technologies(SOFI.US$a lot. For example I would say buy it again at around $12.80 and sell at $13.50 - $14.
You have to change your trading strategy and be ready to take profits quickly as the market can keep bleeding for a while to come.
As I said, free money is over so now we are discovering the new valuations for these over-priced stocks. Penny stocks have always been cheap trash and "high-growth" stocks have always been just hype. So we are getting back to reality and that explains alot of whats going on.
$SPDR S&P 500 ETF(SPY.US$has always been quality stocks that are genuine money-makers.
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