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[Solved] Show us your Stocks & Trades

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josh avatar
(@zexsypmp23)
Posts: 4380
Member Registered
Topic starter
 

Anyone paid attention to the stock market the past several months surely was awared of the huge loss from short seller hedge funds caused by retail investors from reddit and discord servers.  In reality, it was hedge fund vs hedge fund although retail investors had a part in it, riding the waves and capitalized on gains.  Thanks to GME, AMC, SNDL and other stocks, my past 3 months performance reached extreme heights, and we're not done yet.  As a group of thousands, we act similarly to hedge funds when we pool our money with other groups when we make entries in stocks.  Fundamentals were thrown out the window and hedge funds had to adapt and change tactics.

This coming week, we'll attack this under the radar stock with many of our members already taken positions, including myself.  We prefer to trade stocks based on certain technical signals. The middle blue Bollinger Band is our indicator.

 
Posted : 25/02/2021 4:57 am
josh avatar
(@zexsypmp23)
Posts: 4380
Member Registered
Topic starter
 

There's also a need to regulate the illegal practice of naked short selling.  Until that happens, there's always resentments towards hedge funds.  Fundamentals are still a big part of stocks, but the pandemic turned many would-be investors into traders, and fundamentals take a back seat to technical analysis.  With that said, today's huge runs from AMC and GME were due to fundamentals.  I've banked 19k from AMC the past 2 days, and 24.6k for the day.

We have an army of over 50k members in the discord servers, so we need a way to identify each other should we meet in real life.

 
Posted : 25/02/2021 4:57 am
Rene B. Sarabia Jr
(@selurong)
Posts: 977
Noble Member
 

Hmm Im thinking of investing.

 
Posted : 26/02/2021 8:43 am
josh avatar
(@zexsypmp23)
Posts: 4380
Member Registered
Topic starter
 

The market rotates from sector to sector, and March is Bio month.  I was prepared and came out with decent profits on the first day of the month.  In stocks, there's a saying: Bulls make money, Bears make money, Sheeps may make money, Pigs get slaughtered.  I'm not greedy so I took what the market gives and exited my positions before I get slaughtered.


 
Posted : 04/03/2021 10:07 pm
josh avatar
(@zexsypmp23)
Posts: 4380
Member Registered
Topic starter
 

I lost money in stock. My pathetic porfolio has just now recovered its loss after 10 years and that's because I bought a couple of decent stocks lately in hope to recover the loss.

I got western union and deustch telecom. They have now reached their 52 wee high. should I sell?

 

I won't answer your question directly, but I can offer my opinions.  From the technical analysis standpoint, the daily chart looks good.  It's in an uptrend with a bull flag forming.  I can see it reaches $25 again, short term.  However, TA isn't always spot on as there are other factors that could drop the stock.

From the fundamentals viewpoint, Western Union has many competitors.  It's biggest threat is the new kid on the block called HUMBL Pay, which many touted it as the future and all eyes are set on it.  I'm planning to make an entry myself.  This means Western Union may not perform as well in the future unless they make some changes. 

One way to minimize risk to your asset is by hedging by buying put option.

 
Posted : 04/03/2021 10:08 pm
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