What's to buy next?

Tyler0710 : sell and run

10baggerbamm : here's my two cents this short seller report came out 48 hours from options expiration I suspect that they had an enormous put position on the stock more so than a short position. and the reason is because of leverage every 10 contracts is a thousand shares so a movement in the option is going to yield a far greater return than a movement in the common stock. assuming and that's a terrible word to use because of the analogy that comes from it that the company didn't do anything wrong that they're not cooking their books or not miscategorizing revenue I suspect next week you'll probably begin to see some type of a recovery. this is just my opinion so if you choose to take it and it collapses next week it's just one person's opinion based off of observation of 35 plus years in the market. second thing is you need to not rely on other people you have to make your own educated decision.

10baggerbamm : there's a variety of people on these forms some are extremely smart some are brand new some trade on momentum some trade on a gut feeling and while the best analyst in the marketplace is not right all the time it's better to have facts about the company on your side with regard to revenue growth with regard to profit margins with regard to debt service with regard to the future of the company are they issuing stock diluting shareholders are they buying back stock are they in a market that's expanding or contracting. when you buy an individual stock you can see what happens to the upside and the downside my opinion and the way that I invest I'd rather be early than late I was in SoundHound early March of last year and have traded it multiple times. there are leveraged exchange traded funds that have the ability to move from a percentage standpoint just like an individual stock but with diversification because you own between 10 and 40 or 50 companies within the ETF. SOXL is a 3X leveraged ETF if you don't know what it means please don't go out and buy it right now you need to understand that they can be very volatile it's fallen by 50% and then it's going up by 200% all within the past year. you need to gain an understanding on basic technical analysis using charts you need to see the same thing that other people see so you can begin to anticipate others movements and decisions

10baggerbamm : this app is excellent I have used Schwab I've used Ameritrade Fidelity and this is so Superior in terms of the amount of information the easy use the ease of accessibility that you're in the right place you just have to learn to use the tools moo moo has a lot of training videos they're constantly pushing education because an informed investor isn't better investor so use the tools within the app watch the videos learn. what I use and other people can chime in is I overlay a chart with Bollinger bands there's an upper there's a lower and then you have the middle moving average.

10baggerbamm : and you will see trends and patterns develop there's people that trade is called channel surfing and they buy on supports and they sell on Resistance there's other people that buy breakouts the problem is sometimes breakouts result in a very quick reversal and that requires another discipline called a stop loss order so your loss is minimal and it doesn't get worse. so spend some time learning and on this app they have a paper trading feature which is really terrific it's very easy to lose money it's difficult to make it Time after Time so be patient take the loss if you choose to and use it not as a frustration Factor but as a stepping stone because everybody that invests lose everybody but you want to try to keep the losses small and you want to let your winners run

jiggle-wiggleOP : Thanks for sharing. Looks like I still have a long way to go for trading.

102857261 : That's some great insight Thanks.

10baggerbamm jiggle-wiggleOP: my suggestion is you take a big picture approach investing is lifetime most wealth is created by time in the market not trying to time the market. there's very few traders that win over time over an extended period there's a lot of traders that will win 68 times in a row for trades I've gone 19 out of 20 trades I was like a guru a long time ago when I was a stockbroker for a few months and then I stepped on a landmine I bought a company called health South rehab HRC was a ticker symbol at 29 and a half dollars I bought it for a lot of clients within minutes of me building a position and putting it in their accounts the stockholter trading it opened up at $21 because the company CEO's name was Richard scrucie admitted to cooking the books. so traders are like a gambler in a casino even if you use every bit of technical analysis to your advantage you're still wrong it happens if you take a bigger picture approach to investing and you buy great companies when they're slightly out of favor they will rotate back and the proof is Disney was crucified because of their woke dei choices and the stock fell they brought back in Michael Eisner the stock is up 35%. when you start getting involved with the lower price stocks you have these grandiose visions oh it's only a dollar I can buy a thousand shares if it goes to 20 I make 19,000 it's delusional yes it happens but it's once in a lifetime twice in a lifetime that you have that type of a grand slam most are one with singles bases single base hits and that's all you really should be looking for is what can I buy that in 3 to 6 months is going to be up 10 to 20% realistically if it works out more great.. I trade The leverage ETFs and I hold the lever GTS and Nvidia and Bitcoin and apple I know cringe but I've got $4 Apple cost basis. I've got the soxl leveraged ETF it's very volatile you can make a lot of money in a short window but the underlying companies are great companies

10baggerbamm 10baggerbamm: around my trading I have core positions that I never sell because the companies are cash cows and they just keep making money and it's a very similar approach like Warren Buffett Coca-Cola is always going to be there they're always making money I bought Prudential every time it dips I bought it at $79 last year when they were being slammed because of the banking crisis and look at Prudential now and back then I was also collecting a 6.8% dividend so I'll never sell that stock so buy core positions and trade around your core positions is my advice

超级月亮 : You can go buy mara now