getting wood shedded

well the market went blazing up what seemed to be 30 days in a row, this was inevitable lmao. Djia 29k seems the cap for now, just hope we arent seeing the start of the second dip in a w recovery (i doubt it). Tech will get dragged back a little id say so which is fine, some stuff i want to go shopping for to increase my position anyway

Don’t think this is W

Some positive catalysts still exist such as any legitimate vaccine news (regardless of effectiveness of it, people won’t care), or deal in congress

Trump will keep this alive for as long as he can imo And will continue to feed this pig until it goes pop

and pop it will go

Yeah i don't think it's the start of a reversal just some reversion to mean. You had tech stocks going up 10-15% a week for like 3 months. That's not how the stock market works.

Buy AAPL now, wait for the double top, then short at the top.

E Z money

Easy to say when I don't have any skin in the game

I don't care if I ever make money playing stocks. The memes from WSB are worth it.

Definitely harder when you have $ in the game, I exited my zoom short positions early even though I “knew” the pump to $450 overnight was bullshit. Sitting at $360 days later, woulda made tons if I didn’t 2nd guess myself.

This post was edited by obisent on Sep 4 2020 10:32am

Yeah, that's what I'm trying to train myself out of right now. I have a strategy that works, I just always get greedy and cancel my limit sells in hopes it goes up more. Takes fucking up a few times to train it out. Gotta take a few kidney punches for the Pavlovian response to kick in.

just remember to hedge your bets. dont bet your stack on a single play. string out bets over a short period on an idea, like shorting w/e, then u have more cash in options. also dont bet your whole stack on that idea either. play with 10-20% of your purse on a scheme.

you lose the meteoric gains but smooth out losses so much.