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Wait till traders sell verb and the other plays and well see...

$Fisker(FSR.US)$ Wait till traders sell verb and the other plays and well see .35 at least
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  • Lovely_Moo : What does traders sell verb mean?

  • ChaweeniOP Lovely_Moo: Traders selling their shares of VERB stock after going up 350%

  • Lovely_Moo ChaweeniOP: Ah, I see. Verb is a stock name.

  • jimmy james mendoza : how about today what do you think we might see?

  • Kube jimmy james mendoza: Probably not going to do much right now. Orderbook is pretty even on the immediate bid/ask but you have a descending triangle which typically has a higher probability of break to the downside. There's huge orders waiting below for this break. If it happens we could see a retest of the all time low at 14 in the coming days and if that breaks, congrats. New All Time Low undefined

  • jimmy james mendoza Kube: right on I appreciate your reply. so for the most part it's not dumping all that bad and actually may give us more opportunity to average down some... how about the bankruptcy angle... I don't see it going in that direction do you?

  • jimmy james mendoza Kube: one more thing I've been trading bout 4 years... started out basic af on cash app then eventually these bigger platforms. I've tried to put enough skin in the game to keep me attentive enough to learn and understand enough to be profitable.🤕 And I am slowly developing my own personal strategy which is nickel and dime-ing me back up a bit, but you sound very knowledgeable and I was wondering what would be your suggestion as to where someone could focus time and energy to get them to where your at...

  • Kube jimmy james mendoza: How to DayTrade for Living - Andrew Aziz
    A Complete Guide to Volume Price Analysis - Anna Coulling
    Reading Price Charts Bar By Bar - Al Brooks
    The Mental Game Of Trading - Mark Douglas
    The PlayBook - Mike Bellafiore

    Start by going through those books and developing a solid understanding of how the market works and what it takes to be a trader. Then focus on 1-2 strategies at a time preferably 1 unless the two are very similar and backtest, collect what data you think is important for the strategy, and journal trades for analysis. If you are serious about trading, consider a professional platform like Think or Swim or DAS Trader Pro and practice in sim. These apps like MooMoo, Robinhood, and the likes don't offer the capabilities and features needed for serious daytrading. I just use it as a watchlist for stocks.

    Lastly, it's important to surround yourself with a good community because you can learn from serious aspiring traders instead of a bunch of retail spouting nonsense on here. Like I remember seeing some guy saying people are going to get their paycheck on Friday and then pour all that money into one single stock or they're going to take all their profits from some other stock and put it all into this one cough*. I recommend you join a trading community so you can watch how actual traders go through with their morning premarket analysis, talk about trade ideas and do trade reviews. They tend to have some good educational content there as well but to make best use of your time and money, go through those books first. Also, understand that this is something that will take a while to do and most of the successful traders I know took about 2 years to become profitable putting in work every single day so it's not going to happen in 30 days or less and those that say otherwise are you trying to convince you to buy some stupid course. Best of luck and happy learning.

2 years experience and still learning market fluctuations. 10k turned 50k 1st year, 7k now. Ouch, still holding
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