Stock market dealing

[Justin Passing]

No, on Sbux he said wait , be patient, and go long from $10., but from start of day.

Anyway, that's a good rise on DJT well done

You know Tesla produced great results last night???
(SK Hynix up, too)
Everyone expected their stock to rise today. It was about as sure as it gets. I transferred some extra cash for it this am. .
Best entry wasnear 234, it topped at end of day at 260.
I dipped out when it stopped rising at about 3, and rejoined a couple of bucks lower. Just over 11% on the day, x5 = 55 odd %.

In the ISA I used TSLAx3, came out up about 30%.

I fear Trump may win, and the polls are making it look that way. Harris isn't solid enough.
I'm sure Trump has convinced people that foreigners pay the tariffs, not the Amurricans.
KH should make it clear - "If you're well off, imported stuff will cost you a load more. If you aren't, your employer won't be able to export.
Look how much it cost the Brits to isolate themselves just a bit in Brexit.......".

 

[Arbu]

Sbux or SNAP? Who is "he"? Be patient and get in at the start of the day. Haha!

 

[Justin Passing]

Yes obviously snap not Sbux - different levels.
He? Who do you think??? The bloke you were quoting of course.
The notes always refer to the start of the day, not later when you entered. Conditions may be very different
Be patient, he said, so it's not what you said he said. Bad habit you have there.

 

[Arbu]

Yes obviously snap not Sbux - different levels.
He? Who do you think??? The bloke you were quoting of course.
The notes always refer to the start of the day, not later when you entered. Conditions may be very different
Be patient, he said, so it's not what you said he said. Bad habit you have there.
View attachment 360544

As I said, I just did it based on the email. I got in at 2:31pm. You seem to like bragging after the event about how easy it all is for you:

"General Motors early for ~5% and Joby later for ~10. Both on premarket/ news. Joby via TradingTV Benzinga.."

but my point is that it's not possible to replicate this.

 

[Justin Passing]

it's not possible to replicate this.

It's Not possible to act on what's already going up, or on news? Not replicable? Of course it is.


If I wanted to brag I'd give a running total, which blows me away, and many would probably find offensive.
I tell you what worked. Is that bragging.
If you like I can tell you I was in Tesla 3x and it reversed and the spread went wild and cost me a few £k. I waited for a bottom then got back in but didn't recover it all.

You post your results,
it's just that you seem to have a lot more losers.
So when they win is that bragging?

I'm telling anyone who's interested what worked, and often whatto do, and that it's not hard, yes.
That IGI I wrote about a while ago - is bustin out the top of its channel. I'll sell soon:

What to me is inexplicable, is why more people don't do it.

I've said before the event many times, what I'm going to do.
Again - bitcoin is expected to go up. There are a couple of reasons, which may not pan out, but in the premarket, look at the price.
Look for other indicators, various expressions of sentiment etc. Then if one or more of MARA, COIN, RIOT, MSTR, HUT8, start moving, using normal tactics and risk management, buy the one which looks best. How many more times? This is before the fact, as it has been for months.

I will be using the screeners and premarket movements more. There's masses of online analysis and info, free.
Small nuclear is "hot". Keep an eye on those. Said that before I believe.

I spoke to an old mate about it recently. He wanted to buy some NVDA. FIne, I said, hang on to it and it'll probably come well, may dip a bit so make sure that you're prepared for that.
He called me - "I bought £100 worth and it dropped 2% so I sold it"
"Why"
"didn't want to lose any more"
"Was that the bottom"
"No, I would have lost more so I did the right thing, didn't I".
"Did you buy while it was coming back up"
"No"
"What's the price now"
"well it's up 4%, but..."
"Did you think NVDA was going down forever, or could you have held your position to, say, minus a tenner?
"Oh well yes, I suppose".

Later he admitted he'd done the same again.


---

Looking at the detail of long term holdings, I need to do more homework and hold through more dips. Where I've reacted, the combination of poor spreads (etfs) and really slow actions by fund holders, mean that by the time you're in, it's time to get out. In a couple of cases the delay meant I bought at the top after which the price fell. WIth the worst, you're out of the market for about 5 days, then the trade goes through even if you didn't want it to by then.
Selling is quick enough, so when the indicators say sell, best to do it without planning a buy immediately ("switching"). It doesn't "settle" for a few days, but you can pick your time to re-enter. With HSBC you have to phone them to get a quick buy otherwise it can be next day.

By Homework, I mean looking at higher timescales for trends and channels.
I've had some success doing that with Rolls R and IGI but need to find more.

Obvious ones are PLTR, NVDA, Cost, SOXL, BTC.Gold,some others of the Mag7. Earnongs are important of course, but ex-div dates are often more of a catalyst than really makes sense.
RRx3 Note the % ages

Financials sector, x1. Indicators help tell you where NOT to buy.

 

[Arbu]

You did mention an insurance stock a while ago, but no way to know which stock it was.

"
This one's 75% in the 12 months I think. Oops forgot the chart...
But look there's a decent "Range" in a channel. The range is probably fading now, but you see what I mean. It's boring old Insurance, but the return isn't boring. I'm in my second bottom-up swing.
If you bought near the lower line and sold near the top, you'd have pretty spectacular results.
The vertical lines are one day each, so no frantic rush with this sort of thing."

 

[Arbu]

Again - bitcoin is expected to go up. There are a couple of reasons, which may not pan out, but in the premarket, look at the price.
Look for other indicators, various expressions of sentiment etc. Then if one or more of MARA, COIN, RIOT, MSTR, HUT8, start moving, using normal tactics and risk management, buy the one which looks best. How many more times? This is before the fact, as it has been for months.

OK, bitcoin doing well and expected to continue, interest rates expected to decline, MARA doing well premarket, bought some just now.

 

[Arbu]

What to me is inexplicable, is why more people don't do it.

They need the money that they've got, for the mortgage and everything else, so they can't risk it. And they just don't have the time.

 

[Arbu]

Went well, 24952 to 25471, got out as it seemed to be coming down from the top of a channel.

​

 

[Justin Passing]

Good to hear. It gets easier. Sometimes it goes t!ts up, but in ways which become less of a drama the more you see and get round them.
24952 to 25471, which stock, that's not Mara? I look at levels more than channels for those.
I just saw Mara moving at about 2:10 am and lwent long, It went a few %!
Now I'm all drugged up everything's numb so I'll go to bed.

They need the money that they've got, for the mortgage and everything else, so they can't risk it. And they just don't have the time.

That's a bit like saying you can't plant anything because you're busy eating.

I spent the entire morning on the phone dealing with financial institutions whose websites don't work, whose prrocedures aren't explained, and on and on. Yeah, time is a thing.
You can start with very little seed money though. You can practice with none. You could certalnly start with £100. With control, 1%, or 5% in a week wouldn't be unreasonable. Then, the maths works.

A week ago I said:
"The "small nuclears" are worth watching - SMR, NNE NEE OKLO and IONQ", and reminded a bit later.
I set alerts and got some from SMR and Oklo - anyone could have:
SMR up 31% as of today
NNE 10% today
NEE down 5%
OKLO up 23% today
IONQ 21% evenly over the week, 104% over 1 month,

There's a 3x IONQ as well. 465% month to date. Coo.

There are loads of earnings this week. Don't hold them through, but react afterwards. Listen to TTV. If they shoot one way when they shouldn't they usually come back. If everything is wonderful, you can join all the other folk buying after the results spikes have stopped. They often carry on for a day or two. Smaller gains, like 5% tend to come back whereas big ones like 10% plus, have more momentum.

 

[Arbu]

Sorry, microstrategy, not mara

 

[Justin Passing]

Forgot to press "save" on the last typo.
Microstrategy is a rather wilder beast than Mara with a wider spread, sometimes, not very often, has more useful swings.
I don't know what's on IG, but leveraged versions do exist. One's caled LMI3, which can be useful in say the ISA asset class.

I like HL for it's graphing ability (no login required).
Looking at some of the useful investing funds:

Shows that the S&P 500 blue is a pretty rough ride. Not very comfortabe early August or early September, when your gain from May would have been disappointing.
There are a few which have a cosy straighter curve. But note the waves in some of them. M&G Glob Div in purple is no better than the SPY, but today, I'd be looking for a sharp upturn in the former as a point to buy. I have some, I ain't selling. Not something to try with an a fundholder which takes its own sweet time do what you ask, like HSBC.
Gold has its own tune, encouraging at the moment but will the giant suddenly look tired?

 

[Justin Passing]

254 doesn' appear to be a point to exit.
One thing I've learned, is that if the darned thing starts to dump you, don't wait to see if it'll go back your way, just get out and wait and watch.
One bad trait Catena has is to hold on., If you query him he'll bleat that he only has a little "left in". I think he does it to maintain the chance that he'll eventually be able to claim a wonderful trade in price dollar terms. "Ten dahlars in the money"

 

[Arbu]

maybe I should have got out a bit earlier, but I can't look at the screen the whole time.
i got out of gold at the start of the week as the fear of Israel bombing Iran seemed to have turned out to be overdone.
DJT coming down now, as I felt it would at some point, but no catalyst for it, so I haven't traded on it.
Crypto stocks coming down, though bitcoin is going well.
I'll buy some Hut 8
Edit: Hut 8 didn't work. Perhaps I should have just sat on my hands. Harris speaking tonight after the close. Think I'll short DJT overnight.

 

[Justin Passing]

but I can't look at the screen the whole time.

Got Trailing stop losses?

I bought some gold for some of the long term accouts -where there's a delay, and it droped by about 5% in 2 days. It's risen, but theFunds are slow to respond.

I was off linemuch of Tues. Got back late and everything was up, so I joined a few trends on pullbacks. They all went South!. Saved by GOOGL, holding a lump of that and the resullts reaction was good. I hope that sets the tone for other results. Nvidia doesn'treport for a month but I have an urge to go long.
Watching Crispr and Twist.