Yep. Still confused how people can throw more than 10% of their holdings at something and expect good outcomes. The market will always correct one way or another.
[✔️]Is this the next big idea/thing
[✔️]Is it trending with volume
I started with 1,000 decades ago. Worked overtime to add disposable cash for more leverage. Made mistakes and grew it with 1% gains/day mindset. Followed the trends at that point in time. Took out a loan once I felt comfortable in consistency and paid the payments with profits to build credit because my growth beat the APR yield by a lot and it just made sense. When fundamental risk management is in place and people stop treating the market like a casino, life gets so much simpler.
Bulls win 90% of the time. MM's understand that everyone wants to feel like a winner. Breadcrumb trails up and gutt the big game when it's ripe for harvest. Trapper tactics. Works on all animals. Lol. Escalator up, elevator down.
Most of you guys get it. Just can't understand the keyboard warriors that doom and gloom moves like it's Armageddon.
LOOK AT MY PUTZZ! RAWR!
or
EETZ GUNNA FALL CUZ I SAYZ SO!@#!
Just gets comical at times. Even this one guy flexing about cheating on his wife with foreign woman on his hundreds of trips across the globe in the spy boards last summer.
These forums can be civil, when everyone isn't reckless. Us vs MM's. No idea why certain people feel like screaming at us is going to do something to change the outcome. Lol. If it drops, great 7% in currently will turn into 8, 9, 10% that I'll trim later. Trade out puts for shares when it's warranted. We have tools available to use. Sell calls, buy back later. Buy puts that if they expire worthless and it goes up because shares profit, great! Calendars on sideways days. Close them when it gets past certain resistance points. Coca-Cola and Ford calendars do pretty good. Wish more people posted analysis ideas, but everyone is afraid of being wrong I guess.
I posted mine. Watching SPY, the indexes closed higher and are more expensive than the tech conglomerate that fell Friday. That's a perfect strength indicator. Closing just under the prior week's weekly high despite tech selling off. The sell-off on NVDA still above last week's high... I'm laughing at this point.
Last week's weekly lows
771.25 NVDA
504.51 SPY
This week's weekly lows
834.17 NVDA
504.91 SPY
If both don't cross this, we're still up.
Last week's weekly highs
823.00 NVDA
513.29 SPY
This week's weekly highs
974.00 NVDA
518.22 SPY
Higher highs, higher lows.
